HOW TO MAKE MONEY WITH REAL ESTATE
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I am often asked this Question..”HOW DO I MAKE MONEY WITH REAL ESTATE ?”..It’s really can be easy and simple to make money with real estate.
First you need to Buy Real Estate to make money with real estate, By Buying a Personal Residence, Duplex, Triplex, Multifamily Apartment, a Commercial or industrial real estate.
Using other Peoples Money such as boring money to help pay for your real estate purchase from a Bank, Credit Union, Insurance Company or family and friends. Most Down payments are around 25-30 % or less.
If you had purchased a home in Victoria last year home most residential neighbourhoods went up in Value Plus or Minus 25%. So if you bought a home for a million dollars last year your home in Victoria would have increased IN VALUE APPROXIMATETLY TO $1,250,000. that would equal about $250,000 return on you down payment.
Good News Profit from the sale of personal residences in Canada are Tax Free(talk to your tax account for advice).
Where else can you Make Money like that Tax Free!!
NOTE: Always use a Real Estate professional(real estate agent) for Real Estate advice and your real estate Lawyer and Chattered Tax Accountant when purchasing real estate..
Thanks for watching my YouTube Video Below “How you to Make Money in Real Estate”. Call me 250-413-7042 if you have any questions about How To Make Money in Real Estate
HOW TO MAKE MONEY IN REAL ESTATE