Thursday, March 11, 2010

Invest in Real Estate

Investing incanadian real estate at this time will create profits in next 3-5 years. Some places in Sask or Ontario have 15% yield. After expenses it still gives around 10% yield. So to create $5000 income every month, you really need to invest in 4 houses each selling at 150,000 and rented at 2000.00. Even if you contribute 20% you are investing only 150,000. After 5 years these properties will appreciate by 35% atleast and it will gives you very nice profit of 200,000 apart from income you have generated in these 5 years

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