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Investment Real Estate >Investment Real Estate
While it is impossible to predict what a particular house will be worth at any point in the future, single family homes have a track record of being excellent investments. If you want to take the plunge, what should you look for in an investment property?
Location is the prime factor. A great location will make a property easier to rent or sell later on for top dollar. You should also consider the cash flow situation. It is often difficult to break even or show a profit from your rental income for the first few years of owning a property. Assuming the property will appreciate as you own it, you should consider the potential amount of equity you will build up each year. If you are planning to become a landlord, it is a good idea to consult a real estate agent and an accountant to help make sure that your decision to purchase investment real estate is an informed one.
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| Q |
What 45,000 sq.ft. home on 5-acres on Lake Washington is described as an 'adventurous house' by its owner?
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| A |
The home of Microsoft's Bill Gates ($40+ million) has a wall of 24 video monitors featuring art and film and a 60-foot pool. |
 See More Real Estate Trivia > |
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Carol-Anne Schneider
Realty Executives Plus Ltd., Brokerage
4310 SHERWOODTOWNE BLVD
Mississauga, ON L4Z 4C4
905-278-1900
Fax: 905-450-8796
CarolAnn@carolanneschneider.com
Carol-Anne has been a resident of the Brampton area since 1968. She prides herself on her knowledge and commitment to her community. Since joining the Award Winning Team of Realty Executives in 1994, Carol-Anne has excelled in her profession enjoying outstanding achievements, including consecutive yearly membership in the 100% Club and the prestigious Top 10% Executive Club with Realty Executives International since 1997. Most recently, Carol-Anne also received the Realty Executives International Chairman’s Award for 2002and again in 2009. 
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