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Home books Business and Finance

Investing in Condominiums: Strategies, Tips and Expert Advice for the Canadian Real Estate Investor

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Investing in Condominiums: Strategies, Tips and Expert Advice for the Canadian Real Estate Investor

by Brian Persaud, Randy Ramadhin

Wiley | November 2, 2011 | Hardcover

Based on 6 ratings | Rate this

A lot of information has been published for those who wish to buy a condo as a principal residence, but not for investors who want to expand into the condominium market. Investing in condominiums is not about being caught up in the mass hysteria of lining up to buy a pre-construction unit in a "hot neighbourhood" and hopefully flipping it at a profit when it''s built. On the contrary, investing in condos can be a very good way to generate solid returns when done according to the proven strategies outlined in the book.

Investing in Condominiums will show readers the ins and outs of profitable condo investing by sticking to investing fundamentals, carrying out proper due diligence, and having an exit plan. Pre-construction condominiums, especially in Toronto and Vancouver are sought-after by both Canadian and international investors. The stable economy, low-interest rate environment, and appreciating values are a recipe for investor success. Investing in Condominiums gives Canadian investors the nuts and bolts of undertaking such an investment based on real-life examples and expert knowledge. By reading this book, the investor can proceed with full confidence knowing that they are asking the right questions, doing the math, and assembling the right team of experts that will help them realize their investment goals.

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Excellent!
by Brian Prashad
13 months ago

This book is required reading for anyone who is even just thinking about buying a condo for investment or personal use. The book is packed with info and written in simple language for the novice investor but also includes tons of valuable insight that the seasoned pro is sure to find useful. The real world examples and tips from industry insiders make this book easy read in addition to being highly informative. Follow the tips and use the checklist when buying a condo and the book will pay for itself many times over in the $$ you will save (or gain) by making an informed decision. This is really a no-brainer purchase for anyone thinking about buying a condo. Enjoy!