Smart international parents purchased property for their sons or daughters while they studied in Canada or the USA. These real estate purchases provided a convenient and safe student residence for their children.
Real estate has price cycles that last 5 to 10 years. The secret to smart investing is to buy during a low price cycle and sell during the high peaks. The parents have enjoyed the North American price rises from 1989 to 1997 and again from 1999 to 2006. Most of the last two cycle price increases have been in the 40 to 200 percent range.
Many of the parents who enjoyed good timing had their $200,000 condo or townhouse rise to $400,000 over the entire cycle period. Even when the parents deduct the cost of tuition the prices for food, clothes, books and expenses over the usual four years of university they still made a profit.
This type of longer-term intelligent investing keeps the rich families rich and enables them to grow richer every year.
There are many other education services and projects that real estate investors can utilize to earn money. Most of these projects require the correct form of real estate and a zoning category that allows for the project business activity. These real estate businesses are service and cash flow based and require day to day management and supervision. The earnings tend to average about $3,000 to $4,000 a month and are an excellent part time business and investment.
The only secret to renting is to rent when the prices slide and you are waiting for the prices to bottom. Recently real estate commentators have stated that some USA and Canada local real estate markets have either slowed, topped or cooled and require careful analysis before any purchase decision. If the lessons of the last two real estate cycles are to be used then renting can be an excellent option if prices are sliding but not yet at the bottom.
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