7 Rules for Successful Real Estate Investing

1. Invest for the long term. Real estate cycles last 5 to 7 years on average. Make your purchase with that in mind.

2. Invest in growth areas. A good resource for growth forecast in Urban Futures Institute. Their website is http://www.urbanfutures.com/

3. Look for game changers like new highways, bridges, and airport expansions. These are game changers over the long term.

4. Buy in communities that have a degree-granting university. This ensures a steady demand for rentals.

5. Buy secure cash flow properties. Houses with secondary suites, duplexes, fourplexes, 2+ bedroom apartments near the university.

6. Consider resort communities. Remember 1000 baby boomers turned 60 today and that will continue everyday for the next 8 years. They have worked for years and now want to play--golf, skiing, etc.

7. Work with a REALTOR® who knows the area you are interested in and can supply you with new listings as they hit the market. Your REALTOR® can also refer you to a good mortgage broker.

For more information please contact:

Bert Chapman
Office: 6-3185 Via Centrale,
Kelowna, B.C, V1V 2A7
Phone: (250) 765-0570
TollFree: 1-866-765-0579
Fax: (250) 765-0577
Email: bert@pcrealty.ca
Website: http://www.premiercanadianproperties.ca/