Ottawa Investment Property

Multi-Family vs. Condominium Apartments as Investments

Bruce BrownInvesting

When it comes to building a portfolio of investment properties, there is something on the menu for every taste.  To suit your specific tolerances and objectives, you will want to discuss the ins and outs in detail.  But I thought it would be fun to write-up a brief table of ingredients for two types of residential properties that are at …

Rules of Thumb – How Far Can They Take You?

Bruce BrownInvesting

A client of mine who is mulling over the idea of acquiring some real estate for investment purposes, started doing some reading on her own and came across a piece about rules of thumb.  She read, in addition to other bits of wisdom, that: The rule of thumb is that the purchase price of investment property should be 10 times …

Graph of new condo construction prices vs. re-sale condo prices in Ottawa.

Older or Newer Condo – Which Is A Better Investment?

Bruce BrownInvesting

Whether buying strictly as an investment or as a new place to hang their hat, my clients often ask me if a new or re-sale condo apartment is a better investment.  Well, there are actually two slightly different versions of this question that I hear frequently: is a brand new condo purchased from the builder a better investment or is …