Book description
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.
Brian Persaud, BSc, is a co-founder of REal
Experts Inc., a company dedicated to elevating investor confidence in
real estate and teaching powerful proven investment models that work.
REal Experts became the embodiment of Brian's dream; as an investor
and advisor, his workshops and personal consult-ations are met with
great enthusiasm and proven results. Through networking with
colleagues at the Real Estate Investment Network, and an inexhaustible
amount of passion and energy, Brian continues to add to his portfolio
of residential real estate, with an emphasis on condominiums in
Toronto and the GTA. He is the host and producer of Inside Toronto
Real Estate, as seen on Rogers Cable TV. Visit www. realexpertsinc.
com for more information.
Randy Ramadhin, Honours BA, is a graduate of the Rotman School
of Business and possesses both real estate broker's and mortgage
broker's licenses in Ontario, as well as the Professional Land
Economist (PLE) designation. He is a veteran real estate investor, an
advisor to investors on building their portfolio, and a teacher. Randy
is a member of REINTM; former Chair of the Condominium Committee of
the Building Industry and Land Development (BILD) Association; and
founder of www. condoinvest. ca, where deals and knowledge are shared
on all aspects of real estate investing. Randy currently serves as
president of a condominium board and is also on the board of a
500-unit tower in downtown Toronto.
