All Forum Posts by: Akintunde Aboaba

I’m looking to start investing in real estate this year and would appreciate insights from experienced investors on the best strategies in today’s market. With new regulations in Canada like the flipping tax and property gains tax, I want to be mindful of the risks involved.

I’m exploring a few options and would love to hear your thoughts on each:

1. Airbnb Rentals: Is short-term rental still a profitable and sustainable option given current regulations?
2. Residential property rental: Could this be a scalable and profitable approach, or is it too risky?
3. Commercial Property Rental: How viable is investing in commercial spaces for steady income?
4. Other Strategies: Are there safer or more profitable alternatives I should consider?

I’m also concerned about challenges like dealing with difficult tenants and navigating new taxes. Any advice on how to mitigate these risks would be greatly appreciated.

Looking forward to learning from your experiences.

Thank you!