How To Invest in Calgary Alberta Condo Apartments & Houses

Calgary Real Estate Investing is a $$$ numbers game. Can a property generate enough steady income to pay the expenses and a profit to the owners?

With that in mind, Alberta Real Estate Investors need to start with basic Rental Income Research first.

Look for high predictable sources of reliable rental income. Areas close to large employment centers are a good start. Working Calgarians can pay the rent. Downtown Calgary is one obvious choice. Near hospitals and universities are great areas to own Calgary investment properties. Another is near the Calgary Foothills Industrial Park, home to thousands of businesses employing hundreds of thousands of Calgary most motivated people!


Check out our Calgary MLS® Community Map and the best areas to own Calgary Residential Rental Properties kind of jumps right out at you.

Don't overlook properties on and close to major transportation routes.


Calgary Alberta Canada House Rental Rates

Rentfaster.ca is one of the better websites to search for average rent rates in Calgary. You can search by home style and communities to really narrow in on the type of property you are thinking about. You can also search by price to see what properties demand the highest rents and what properties collect the least amount of income. The first thing you will notice is that Calgarians rent homes in every part of the city. Rentfaster.ca also has resources for Calgary landlords including leases and applications. Rentfaster is the first resource I go to for Rental Income Research.


Then you can search properties on Realtor.ca MLS® by the numbers as well. Once you know the income you are able to calculate how much of a mortgage the net rental income can carry.


Take the gross rental income you found on Rentfaster.ca, deduct the taxes, insurance, condo fees, etc, and what you are left with could feasibly make a monthly mortgage payment. This is also the Cash Flow Break-Even Calculation for rental properties. Most properties in Calgary will not generate enough income to at least cash flow break-even monthly. And some landlords are happy to just get the mortgage reduction and potential property appreciation until the property turns cash flow positive in the future.    


Couple Searching for a Home on Realtor.ca


Contact us and we can help guide you in the right directions to help ensure your venture into Successful Calgary Alberta Canada Real Estate Investments 403 831 0842

Comments:
Data supplied by CREB®’s MLS® System. CREB® is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.