Challenges for Small Real Estate Investors

In Canada, right now, it’s becoming more and more tough for real estate investors to make money. The reason for this is that it’s getting more challenging for real estate investors to obtain money from the bank. Also, the Landlord and Tenant Board’s guidelines are making it increasingly difficult to evict tenants. This will force landlords to sell their properties because of a bad tenant issue, which will especially incur effect on the serious small residential real estate investors.

In the future, the small real estate investors who own duplex, triplex or fourplex will probably sell their properties and less people will invest in small properties. And The tenants will end up moving into either a larger apartment building or the tenants themselves will be purchasing a condo or house.

Myself as a real estate investor , I sold a number of my properties when I realized that because of the new Landlord and Tenant Board guidelines Iwas less able tocontrol what was going on with my properties.

I look forward to hearing from other real estate investors who feel the same way as I do and who want to share their war stories.

Happy Investing,

Maria Rekrut