The best way to learn real estate investing in Canada
There seem to be hundreds of so called real estate investment experts popping up all over Canada that are teaching Canadians something that really isn’t that complicated. The no money down real estate scams are the biggest. This phenom started from the success of Rich dad poor dad which promotes getting in debt as means to gaining financial freedom. What rich dad poor dad fails to mention is that most of the people in real estate investment that have mortgage debt have enough money in their banks to cover the homes they invest in in the event their real estate investment doesn’t work out the way they planned.
All investments are risky and the Canadian real estate market is due for a correction and the correction isn’t going to come in the way most people think it will. As a real estate investor it’s important that you understand as much as possible about real estate investing including the pitfalls before diving into some thousand dollar a day seminar that will teach you how to become a really good salesmen that can trick homeowners into trusting you with their financials.
The book every Canadian that wants to get into real estate investing should read is “Real Estate Investing In Canada” Creating wealth with the Acre System! It’s written by Canada’s #1 Best- Selling Real estate author Don. R. Campbell and by far this is the most educational material you’ll ever read about CANADA’S real estate market.
America and Canada are two completely different countries with two completely different forms of governments. The rich dad poor dad model is not universal and these no money down mortgage scams that circulating aren’t as simple as they sound in fact most of the people that pay thousands for those seminars never make back that money and most of these supposed grants that people speak of will only be granted in specific circumstances which by the way can be challenged.
Leaders are readers I highly recommend reading “Real Estate Investing In Canada” by Don. R. Campbell before diving into real estate it’s by far the best way to learn real estate investing in Canada and it will save you thousands of dollars and you’ll learn a lot more and be able to retain more information because the book which is your guide will be in your possession.
I want to warn people reading this that investing in Real estate the wrong way can get you into trouble legally and financially so be careful trusting these scam artists that are trying to sell you on a dream that doesn’t really exist. Real Estate investing is not a get rich quick scheme real estate is typically slow moving and borrowing which is why the people that want to make a quick buck usually do so in the stock market. I wish you all the best and remember not to spend money that you know you can’t afford to lose!