I WANT TO
INVEST
Multiplex investment
Multiplex real estate is a timeless investment offering unrivalled advantages, responding to the constant need for housing. It allows financing of up to 95% of the property’s value. Let’s explore the wealth potential of rental properties.
Tips for first-time buyers
Here are three essential tips for first-time buyers looking to invest in a multiplex.
- Assess your financial situation
- Determine your budget based on your borrowing capacity and the money you can put down.
- Calculate additional costs such as closing costs, taxes, insurance and any necessary renovations.
Need advice?
Mortgage pre-approval
Get pre-approved for a mortgage to understand your real borrowing capacity. This gives you an edge in negotiations and shows sellers that you’re a serious buyer.
Define your search criteria
Decide how many units you want to buy. Consider location, local amenities, and neighborhood growth prospects. Use a real estate broker to guide and advise you in your search.
The advantages of the road to financial independence
One of the greatest advantages is the possibility of generating rental income to alleviate mortgage payments, offering financial stability. When buying as part of a group, investing in a multiplex leads to shared finances, reducing purchase and maintenance costs and facilitating home ownership. What’s more, it’s an excellent starting point for building up a profitable rental portfolio.
Increase your income tenfold with investment
Investing in a multi-family property gives you the opportunity to generate a stable rental income. Rents from tenants become a reliable source of cash flow, enabling you to consolidate your finances and achieve your financial goals. It’s an effective way of optimizing your property investment by guaranteeing regular income.
Joint investment: share the costs, maximize the benefits
One of the outstanding advantages of investing in a multi-dwelling is the ability to share costs with friends and family. You can buy a property with family members or friends, taking the financial pressure and responsibility off a single individual. This reinforces financial stability while creating opportunities for cooperation between owners.
Seizing affordable real estate opportunities
Multi-dwellings offer an affordable real estate investment option. Compared to purchasing several individual properties, a multi-unit building can be more economical in terms of acquisition costs, property taxes, and maintenance. This allows you to enter the real estate market with a lower initial investment, while benefiting from considerable rental income potential.
Factors to consider when making a purchase
01. Live in or rent
Be the master of your destiny by choosing to be an owner-occupier or an investor. But whatever your choice, think about future tenants. Be prepared to write ads, carry out credit investigations, conclude leases, and assume the responsibilities of a landlord.
02. Maximize your income
At the time of purchase, determine the income generated by the duplex. Are they stable with long-term leases, or are the units vacant? Explore rental prices in the neighborhood to estimate the building’s income potential and set rents accurately.
03. Budget and peace of mind: acquisition costs
Analyze all costs, from initial purchase to fees, insurance and closing costs. Consider legal fees, tenant selection and maintenance expenses. Make sure everything lines up with your budget, because a more affordable property could be the key to your success.
Your partner in multiplex purchasing
With unrivalled expertise, unwavering support, years of built trust and simplicity of process, I’m here to assist you every step of the way in your multiplex real estate transition.
- Expertise
- In-depth knowledge of the multiplex market
- Support
- Guidance on building optimization
- Trust
- 6 years of proven experience
- Profitability
- 60 active doors
