Buying a property to hold, flip, or rent?
Kristen is here to help you find the perfect place for your next investment
Kristen is here to help you find the perfect place for your next investment
Buy and HoldsReal estate over the past years has proven to be a solid financial investment. Below are the average statistics for an average price increase percentage based on time period over the last 5 years. A “buy and hold” real estate investment strategy yields a fairly safe strategy for steady financial growth. A buyer purchases a property with the knowledge that yearly value increases compound to yield greater future returns than an average bank GIC.
Kristen offers advice for purchases that offer greater future return on investment while limiting risk. |
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Buy and Flips:For those investors looking for a quicker financial gain and payout, a “buy and flip” may be a better option. This involves purchasing a property under market value and in disrepair where the after renovation resale value (ARV) accounts for a profit above the cost of improvements. Kristen has a knack at providing advice on whether a property has the appropriate pre and post renovation value to allow for such a profit. She also offers renovation tips for maximizing ARV sale values.
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Multi-Unit Rental PropertiesAs a multiplex owner herself, Kristen has insight into the rental market and offers knowledge on current capitalization rates along with rulings and regulations on Tenancy arrangements and agreements. Multi-residential property investments offer the investor an opportunity for the tenant to contribute to the landlords initial investment through the rental amount paid by the tenant, in essence paying down the mortgage on the property. Although multi residential buildings require management and a level of commitment, they provide an excellent way of increasing equity and future cash flow to a financial portfolio. Kristen has experience selling multi-residential apartment buildings, duplexes, triplexes, condo units, senior complex buildings, single family dwelling rentals and student rentals.
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