real estate investments: Getting Started with Small Property Development - 11/25/14 08:05 AM
If you think property development is an exclusively corporate venture, think again. An increasing number of independent investors are finding success in turning run-down buildings into profitable developments. Like any other real estate investment, property development comes with risks. Should you build a duplex or a luxury single-family home? Which areas are ripe for development? Knowing what you’re getting into before you dive in can save you a lot of time and money.
Location first
Since you’re purchasing the property for development, I recommend focusing on the location rather than the existing structure. Is the area up-and-coming or desirable? Also … (0 comments)

real estate investments: Have you considered all of the financial aspects in purchasing a property? - 11/17/14 06:49 AM

Any real estate investor will agree that purchasing property is exhilarating. The process of evaluating properties and brokering a deal an make you look ahead to potential income. However, it's important to consider all financial aspects of the sale because neglecting to do so could negatively impact your bottom line.
The blog post will outline some of the important things you should consider before purchasing an investment property.
The Property Value
This may seem like an obvious consideration when purchasing an investment property but its value doesn't always equal its market value. I've heard many stories of investors … (2 comments)

real estate investments: Five Factors to Consider when Flipping Houses - 11/10/14 07:06 AM

Today’s reality television shows make flipping homes look glamorous because in many cases, the shows’ hosts are able to turn a significant profit in a short period of time. This has made flipping (buying a home with the intention of turning a profit) an increasingly popular property investment strategy among Canadians. 
The inability to fund a project in the time it takes to renovate (fix) and sell (flip) is one of the most common reasons flipping a home fails. This makes fixing-and-flipping a risky investment. For this reason, it’s important to consider a number of factors before purchasing a … (4 comments)

Ofir Varsulker

Ofir Varsulker

Victoria, BC

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