Whether you have inherited a lot of money from a privileged family, have been lucky to win a great prize or jackpot, or have earned a great deal of bonuses and incomes and are now wondering what to do with all the money then you are not the only one.
There are a lot of people out there who do not want to just waste their time in putting and storing all their money in banks and letting it rot away. The vaults in the banks do not do much for you other than safe keeping. And if you are one of the eager people who want to make some good use of it without taking too much risk of losing it all then I have some good news for you!
Generally, real estate business is your best bet to invest your money in. And this can help you in a lot of different ways but mainly 2; rental or resell. However, condominiums are the highest in demand right now in the world, which is why you should consider investing in them.
Whether you want to sublet your condo to individual singles like students, or rent it out to families, the good thing about rental is that it is contractual and pays you every month without having to do much.
Investing in new projects like Zen Condos is a great opportunity for people in Toronto. That way, you can buy it at a relatively low market price and then wait for the price to increase due to increase population which increases in demand and less supply due to scarcity of land, and enjoy making a great profit by just sitting on your couch and getting rich overnight!