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Orginally posted by kam64
I got partial reply from Amit, I am thinking to invest as a rental property.

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If you want to buy an investment property in Mississauga and Toronto Area, I can help you or someone who becomes my client. In order to make you understand the system, and how this can work in your best interest, you can meet me at my office. After the meeting you will be able to make an informed decision. You must also pre-qualify for a mortgage.

If you are in Ottawa, I can refer you to a Realtor.

And yes, with some due deligence on part of the Realtor, you can invest in the property that fits your need and help you to stay away from "lemons" and troublesome tenants.

A good tax accountant can show you the ways to deduct the rental expenses from the rental income. I will suggest that you should speak to a professional accountant on this issue. It is always better to hire an Accountant/Realtor who also invests in real estate, when buying an investment property.

If you know an Accountant who matches the above profile, forward me his/her contact details, I will be happy to refer him some business.