[FINA 210] - Final Exam Guide - Everything you need to know! (41 pages long)
29 Nov 2016
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Real estate investment outperforms stocks and bonds with lower risk. Minor players: notary/lawyer, real estate agent/broker, contractor/inspector. Major profit = capital gains(selling price original cost) Longer you keep it, the higher the capital gain. Golden rule of real estate: leverage = time+options. A good broker will save 5x the cost of their fee. The rei cycle experiences excess when supply of properties is high; this results in a decrease in property values and indicates a good time for you to buy, but not to sell. Several factors affect the real estate market, such as interest rates, taxes, legal restrictions, local or provincial economy, population mobility, vacancy, property location, and public opinion of the property. Basic knowledge is essential to make types of investment, rei is stable and secure. Appreciation of real estate increases annually. the canadian real estate. Association found that residential real estate is increasing in value an average of 5% per year.
