There are so many different ways to answer this question, that there really is no one correct answer. But, there are defiantly certain characteristics to look for when you are trying to find an investment property and some of them will be discussed below.
Location – Location – Location
A highly astute and very profitable real estate investor was once asked, what are the three things that he looks for in a property before he buys it? He answer was, “location, location, and location.” He said whenever he finds a piece of property that meets those requirements he is more than happy to take out a Toronto mortgage.
Now that you know that, you have to be asking yourself exactly what is a good location? Once again, there a ton of different ways to answer that question, and we will do our best to provide you a few examples.
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