Have you been contemplating purchasing real estate as an investment in Victoria? Perhaps you own other properties here in Victoria or elsewhere and are ready to purchase another.
The real estate landscape has changed drastically in Victoria over the past few years. Prices and rents have increased, bylaws have changed. It is a sellers market right now, and getting the edge on purchasing an investment property is more challenging than it's ever been. (Don't worry though, that is what we are here for :-)
So, on to the meat and potatoes of the matter at hand. There are a few things to consider as you look for an investment in Victoria. Those include:
Are you looking for a Vacation Rental?
How do you intend to manage your rental?
Have you considered