Top positive review
6 people found this helpful
Should be called the Canadian Encyclopedia of Real Estate Investing
on November 26, 2008
This book is NOT a page turner! It's also not a step by step how to invest in real estate book. I'm sure some people sit down and read it cover to cover, but I didn't. Over the last year, I've read the entire book, but never from start to finish. I refer to sections in the book depending on what I am working on or depending on what I am curious about.
But it's incredible detail and the sheer quantity and quality information contained in this book make it a must have resource for any Canadian residential real estate investor or even prospective home owner!
Critical definitions, different property types (and advantages and disadvantages of each), evaluating investment properties, strategies for investment, financing, legal terms surrounding purchase and sale agreements and mortgage documents, tax write offs, and tax benefits, and some fantastic worksheets are all covered in this book. He even talks about getting out of signed contracts...explaining the legalese involved in that process.
If you are about to buy a home or your first or second investment property in Canada - buy this book!!! Then, go to the table of contents, and find the section that applies to you, and read it! You will be glad you did.