investing in brantford real estate

That’s a great question, one that we encounter quite often.

Here’s an interesting fact. Did you know that 90% of the millionaires in the world have made their fortunes by investing in real estate? Ever heard of, oh I don’t know, DONALD TRUMP!? Barbara Corcoran, from Shark Tank, Todd Chrisley, from Chrisley Knows Best, HELLO!

Now let’s talk facts on a more local scale. In Brant County property values have been steadily increasing by 5% per year on average and it’s not showing any signs of slowing down. That means that in 20 years your property will have nearly doubled in price. My parents purchased their home in 1984 for $60,000.00. Their home in 2016 is worth an estimated $360,000.00. You do the math. That is a whopping 600% return on their investment! WOW!!!

By now if you should’ve figured out that we’re talking about a long term investment. Rentals. So let’s lay it out on paper. If you buy a property worth $200,000.00 and put down a $20,0000.00 deposit and put in $30,000 to fix it up, let the tenants pay the mortgage, and in 10 years that property will be worth approximately $326,000.00, in 15 years it will be worth $415,800.00 and in 20 years it will be worth approximately $531,000.00. That’s an over 10x return on your $50,0000.00 investment. I challenge you to find another form of investment with numbers like that.

Investment properties make for a great retirement investment. Investing your money with a financial planner will bring you a nominal profit compared to the numbers that we just looked at.

If you’re worried about the hassle of finding tenants we’ve got you covered. The Munir Group offers a leasing service and we will find you the perfect tenants by doing personal interviews, credit checks and reference checks.

The vacancy rate is Brantford is below 3%, one of the lowest in Canada and with Brantford quickly becoming a university town there is no shortage of renters looking for homes and the average monthly rent is $900.00/month for a 1 bedroom apartment according to www.numbeo.com.

Manny has been investing in properties for over 15 years now and he has encountered almost any situation you could imagine. He knows the answers to all of the questions when choosing the right income property for you to make a healthy profit. We have many clients that have successfully built their financial portfolio with Manny’s help. He’s willing to use his experience for your gain.

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