Real Estate Investment

Saturday, July 10, 2010

Anja Sonnenberg
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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.

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Eleonora Salerno
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