Newmarket - Orillia and Barrie are two of the best cities for real estate investing in Ontario, according to a prominent local investor speaking on ‘In Tune With Real Estate,' on Rogers television in York Region this week.
"Barrie and Orillia are great cities to buy property for investment purposes," Mark Vosylius a Barrie-area real estate investor told host Rav Toor this week. "Barrie's transportation links, Orillia's planned university and Wal-Mart Super Centre all point to a strong local economy which is important for investors," said Vosylius.
In light of the downturn in the stock market, Vosylius still told host Toor that investing is about education, not speculation. "You need to educate yourself on the local economy,not what the national headlines say"
Mana investments, owned by Vosylius, has been investing in Barrie and Orillia for over five years and is looking to expand because of the tremendous opportunities in Simcoe County.
"Orillia has ample opportunity for healthy, smart growth and that's important for investors," said Vosylius. "The average age of Barrie residents is lower than the national average which means they are consumers who can spend more, which is also good for the local economy. These are the things that interest real estate investors," said Vosylius.
"Study the local economy, the local market and learn before investing."
Mana investments has over sixty apartments in the Barrie and Orillia area and is expanding. Training and mentoring other investors is also a key component of Mana investments. A copy of the TV interview is available upon request.
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Mana Investments - www.manainvestments.com - We invest in real estate investing as well as home ownership in the Barrie Orillia, Innisfil, Collingwood, Midland areas. We utilize using RRSP's as a 2nd mortgage for real estate investing in Ontario
Homes by The Owner - www.homesbytheowner.ca Helping Buyers and Sellers in the FSBO real estate market in Simcoe County and surrounding Oro-medonte areas
The Six Steps to Success - www.sixstepstosuccess.com - Get to your financial goal quicker...Helping you achieve success in goal planning.