Before you invest in property (or any other type of investment for that matter), you should think through your objectives for investing.  Your objectives could include:

• Capital gains
• Reducing your personal income tax
• Developing a long-term income stream
• Diversifying your investments, or
• A combination of these goals.

It’s also important to consider:

• How do these investment goals fit with your other life strategies and objectives?
• Do the typical returns from property investment fit with your risk profile and the type of investor you are? For example, if you are looking for a quick return property investment may not be for you.

The answers to these questions will determine whether you really want to be involved in residential property investment.  They will also help you determine your property investment strategy – for example, the type of properties you should look for and whether you will leverage your investment or not.  It is also a good idea to seek professional advice that takes into account all of your circumstances before you invest.

This material is for information purposes only. You should seek professional advice related to your individual circumstances. While The National Bank has taken care to ensure that this information is from reliable sources, it cannot warrant its accuracy, completeness or suitability for your intended use. To the extent permitted by law, The National Bank does not accept any responsibility or liability arising from your use of this information. Our lending criteria, terms, conditions and fees apply.