Real estate investments in Western Canada and particularly
Vancouver have turned out to be quite profitable in the recent past. Statistics
show that most other places in Canada have not been able to offer the same
profits as in Western Canada. This is an important realization that real estate
investors – especially those who do not look beyond their own city for real
estate investments – must keep in mind, says Thane Stenner from The
Globe and Mail.
Real estate investors and businesses looking to buy new
properties will do well to diversify and look for high growth areas. The
portfolio can be diversified into residential, industrial and commercial real
estate, and more importantly, in different regions. For example, in the current
scenario, it makes sense to invest in depressed United States areas or in
public REITS and private equity funds. Many wealthy investors have capitalized
on the economic turmoil to purchase bargain priced American real estate. The low
prices of residential and select office spaces are estimated to continue over
the next 1 to 3 years. Savvy Canadian real estate investors can seize this
opportunity and reap large rewards in the near future.
Families that have amassed wealth in real estate mainly
through holdings can also consider real estate financing. Offering financing
for mortgages, home
equity loans and property-based secured loans is a good way to retain exposure
to the real estate market. This is also a more secure form of real estate
investment, and is a good idea for conservative investors.
