When looking for advice on how to buy property or what to do to renovate a property you already have, finding the right information can be difficult through the normal investment advice channels. Sometimes one has to think outside the box. Luckily there some great Canadian resources without having to search too far from home.
The first is the Greater Vancouver Builders Association. This group has a wonderful website at http://www.gvhba.org/. They offer articles and classes on topics like how to hire the right professional, how to update an older home, and how to purchase your first home. While these are not specifically geared toward investment real estate, they are full of useful information for purchasing properties and repairing spaces, just in case that great foreclosure ends up being a dump.
The Canada Mortgage and Housing Corporation has a beautifully set up website in both English and French at http://www.cmhc-schl.gc.ca/. The links are organized by topic and then subtopic in an easy to find format and include topics like buying a home, renting a home, and various mortgage options available. This also includes online information about the library this group maintains in Ottawa.
The Real Estate Magazine is geared mostly to real estate agents, but many experienced investors understand how being an agent works. The website is located at http://www.remonline.com/home/ and features articles about market trends and how affordable properties are in various areas of Canada. While the information an investment broker may glean from these might be small, those small advantages could put you over your competition.
The Real Estate Institute of Canada is an organization that teaches beyond simple real estate transactions. The website at http://www.reic.ca/en/home.cfm features courses to become specialized in areas of real estate and also feature a calendar of events that details the upcoming seminars. Learning about real estate straight from the people who work closest to it may be one of the best decisions made this year.
Lastly, we have the National Association of Realtors at http://www.realtor.org/. This is one of the best places to learn about real estate trends and where the realtors go to find out about the real estate markets in their areas. Additionally, there are articles about home ownership, cutting costs, and learning to make more from real estate. What investor couldn’t use those tips?