Real Estate Investing For Canadians For Dummies

Get involved in real estate investing

Real estate is a vital component of a well-balanced investment portfolio. Real Estate Investing For Canadians For Dummies offers a clear, comprehensive look at investing in real estate in Canada—even if you feel priced out.

From investigating properties—and other investment options, such as REITs—to securing financing, managing properties, and knowing when to sell, real-life anecdotes and a balanced perspective make this the ideal book for people looking to explore this lucrative field.

• Explains to millennial investors how success is within their grasp
• Includes information on new mobile tools
• Shows you how to research, analyze and manage potential properties
• Covers how the real estate market goes through changes and cycles

This new edition of Real Estate Investing for Canadians For Dummies helps you confidently identify opportunities in a challenging market.

Introduction 1

Part 1: Getting Started with Investing in Real Estate 5

Chapter 1: Identifying Opportunities 7

Chapter 2: Exploring Real Estate Investments 23

Chapter 3: Knowing the Challenges 47

Chapter 4: Establishing Your Investment Strategy 63

Part 2: Preparing to Buy: Financing Real Estate Investments 79

Chapter 5: Looking Before You Leap: Ownership and Legal Considerations 81

Chapter 6: Pulling Together the Cash: Assessing Your Resources 105

Chapter 7: Getting Help: Mortgages and Other Financing 123

Chapter 8: Cutting Costs: Making Financing Go Further 151

Part 3: Selecting Properties 171

Chapter 9: Scouting Properties: Where to Look and What to Look For 173

Chapter 10: Determining Value: Price versus Potential 197

Chapter 11: Doing Your Due Diligence 211

Chapter 12: Closing the Deal 227

Part 4: Building Value: Managing Your Investment and Seeing a Return 247

Chapter 13: Managing Properties 249

Chapter 14: Managing Risks 277

Chapter 15: Accounting for Gain 297

Chapter 16: Trading Up, Trading Out 317

Part 5: The Part of Tens 339

Chapter 17: Ten Resources for Property Information 341

Chapter 18: Ten Ways to Make the Most of Tough Times 349

Index 357

Douglas Gray, LLB, is one of the foremost experts on real estate in Canada. He practised as a real estate and business lawyer for many years and has written numerous bestselling real estate, business, and personal finance books. His website is homebuyer.ca.

Peter Mitham has more than 20 years' experience writing about Canadian real estate for national and international publications.

• Make real estate part of your portfolio
• Build wealth in any market
• Secure financing and minimize taxes

Maximize your real estate portfolio

There's no time like the present to add real estate to your investment portfolio, but knowing where to start can seem overwhelming. This new edition of Real Estate Investing For Canadians For Dummies offers sage advice for both beginner and expert real estate investors. From investigating properties to securing financing, the real-life anecdotes and balanced perspective inside make this the ideal book for anyone looking to explore real estate investment—even if you feel priced out.

Inside...

• Identify opportunities
• Establish your strategy
• Assess your resources
• Make your finances go further
• Manage properties
• Avoid the classic pitfalls
• Trade up, trade out