2016 | 30 o _ Real estate can be an incredibly fruitful investment. «N Buying a property at the right time can provide invesâ€" & tors with a substantial return when they decide to sell, qE, and that opportunity compels many men and women § to consider investing in real estate. ) _ While there‘s no denying real estate can yield a great return on buyers‘ initial investments, there‘s more to 8 making money in real estate than simply buying a 2 property and waiting for its value to rise. Buyers who _ are thinking of investing in real estate should consider z> a host of factors before purchasing an investment propâ€" § erty. < Price trends O _ Recent sale activity in a given town or neighborhood f is something prospective real estate investors should .3 study before buying an investment property. Wouldâ€"be s real estate investors can explore real estate websites O such as Zillow.com for recent sale information, which Z may also be available through local government agenâ€" g cies. Such data can be invaluable, showing potential inâ€" < vestors which neighborhoods are in demand and which __ may be in decline. E S Taxes § Investment properties are not eligible for as many © tax benefits as primary residences. However, landlords $ can write off repairs, manag »â€"ment costs and other fees g associated with rental properties. But it‘s not just their z> own tax bill prospective investors should consider beâ€" fore buying an investment property. Many potential buyers down the road may prefer a property in an area where property taxes are relatively low, so even if you can afford the tax on the investment property, you may MIKE MORGAN, s a. srorer 905â€"878â€"7777 find buyers are unwilling to assume that burden when you put the property up for sale in the future. Location Prospective real estate investors no doubt know the value of location with regard to real estate, but if you can‘t afford to buy in a neighborhood that‘s currently hot, that does not necessarily mean you can‘t still capiâ€" talize on that area‘s popularity. When a town becomes popular, its property values rise, and many buyers find themselves just barely priced out. When that happens, the surrounding towns tend to become the next hot neighborhood, as these areas are nearly as close to the attractions that make the initial neighborhood so deâ€" sirable. Buying on the outskirts of a hot neighborhood can set you up to benefit nicely when that area gets too pricey. Schools School systems should be examined even ifyou do not have children. In a recent Trulia.com survey of American home buyers, 35 percent of respondents with children under age 18 indicated they want to live in great school districts. GreatSchools.org has profiles of 203,000 pubâ€" lic, public charter and private preKâ€"12 schools. Invesâ€" tors can use the GreatSchools.org search engine to find information about local schools and school systems so ; h they can better position themselves to buy properties in areas that will appeal to buyers down the wad. Real estate can be a fruitful investment, and investors who want to benefit the most from their properties will explore various factors before purchasing a home or homes. www.metrocreative.com a * T ns uy D7 _REMAX REAL ESTATE@ENTRE INC, BROKERAGE mm e CC Te Ne f)“'.' ‘A‘;"â€˜ï¬ eS » ("b" ~.w â€" ~ it ‘Things to consider before buying an investment property 852 LAURIER Avenue Live in Style... in this immaculate three bedroom home on a 120 foot deep lot. The separate living room with rich, dark floors, offers a corner fireplace and the huge open concept kitchen/eatâ€"in area has a walkout to a deck and hot tub in the private yard. Bonus features of being freshly painted and extensively renovated, having a finished lower level with 3 piece, side by side driveway parking and located close to schools, shopping and transit. For a look at the beautiful interior finishes please visit my website at www.mikemorgan.ca $569,900 woar e 3 x C â€" k 4A * < y n (COM /PRINTEDITS L