Real Estate Agents in Ottawa
As a realtor, I work with investors and I do believe that one key to successful real estate investing, is to have a strong team you work with. Next would be communication. Having everyone on your team aware of your goals is critical and having them work together to make all transactions go as smoothly as possible. Next is education.
Having a real estate lawyer, a lender who specializes in investment properties, a chartered accountant, again who specializes in real estate, and as estate/financial planner, will help you avoid mistakes and guide you though the world of taxes and ways to limit the taxes you pay at the different phases of your life and the liability. Of course a realtor that is working hand in hand to find the right properties for you is also key.
Now to the topic of this post, information and education. It is great to have the right people on your team, but there is no substitute to having as much knowledge as possible.
I thought I would share some books with you that I have found to be valuable resources for real estate investment information. With the exception of one book, they are all Canadian so they really apply to our market. There are many great books that are written for the U.S. market but of course some of the material does not apply in Canada. I hope you enjoy. Please let me know, and if you have some resources, please share them. Not all these books pertain to real estate specifically!
Canadian Real Estate Magazine www.canadianrealestatemagazine.ca
Making Money in Real Estate, Douglas Gray
Real Estate Investing in Canada, Don R. Campbell
51 Succcess Stories from CDN Real Estate Investors, Don R. Campbell
81 Financial Tax Tips for CDN Real Estate Investors, Don R. Campbell
What Every Real Estate Investor Needs to Know about Cash Flow, Frank Gallinelli
The Richest Man in Babylon, George S. Clason
no B.S. Wealth Attraction for Entrepreneurs, Dan Kennedy
The Wealthy Barber, David Chilton