Have you ever considered investing in real estate?
You’ve worked hard for your money and now it’s time to get your money working
for you. Buying properties and renting them out can become a financially
rewarding experience, but most people don’t know where to start.
Asif Khan, sales representative with Remax All-Stars
Realty Inc. says that real estate investing is just like playing the game Monopoly,
which most people have played.
“As long as you’re making the right decision and you
have the equity in your own home, you don’t even need your own money like in
Monopoly,” says Khan. The equity in your home and a home line of credit is
enough to get most people started in investing in real estate. “We have clients that have started investing
with as little as $500 with their equity, while others have started by
investing $100,000,” says Khan, adding that the whole process can easily be
customized to what individual clients want to do.
Unlike other investment opportunities, real estate
investment has earned a reputation as being one of the safest ways to invest
your money. Khan believes that clients are more comfortable investing in real
estate because they can actually see and touch their investment, as opposed to
stocks and bonds.
Instead of stashing all of your money away in RRSPs
for when you retire, Khan recommends investing in an income property that will
provide you with regular income, so you don’t have to adjust your lifestyle
when you stop working.
To help take all angst out of real estate investing,
Khan offers seminars to help educate people on how to start and what to expect
when investing in real estate. During investment seminars, participants learn
how to create a business plan for their investment portfolio and are able to
get prequalified for a home equity line of credit to see their investment
dreams come true.
For more information on Asif Khan’s Remax Dream Team
and seminars on investing in real estate, visit
www.asifkhan.ca.