FAQ's

Frequently Asked Questions

Should I consider an out of town investment?  If so, how will I deal with tenant and maintenance issues?

New King Investments looks for cash positive properties to invest in. And in many cases to find a good investment we must look where the "fundamentals" are strong. In many cases these properties exist outside your home town. To handle all the complexities of such an investment, we have our own  property management company (EPM)  which operates independently of New King Investments. They handle all maintenance and tenant issues. Our goal is to make each investment as "hands-free" as possible.

How do I know the current market value of the property I am interested in purchasing?

So as to maintain integrity, New King Investments obtains independent, comprehensive appraisals which is a component of the company's due diligence process. These appraisals are of course made available to all our investors. 

How reliable are your cash flow projections?

New King Investments believes it is better to take a conservative approach when determine cash flow projections. We make every attempt to provide accurate information to our investors.  All our projections are based on our past performance and from this we have developed calculations that are comparable to current properties. All projections are exactly that, projections. There are no guarantees due to outside economic forces.

How do you go about selecting suitable properties?

New King Investments reviews hundreds of potentially suitable properties annually and decides on a select few properties each year.  They must meet the strict New New King Investments criteria. Using our previous business experience we've developed  spreadsheets and stringent formulas for determining a properties ability to produce positive cash flow and of course   economic outlook of its location.

I want to speculate on an investment property for a quick profit, how can your company assist my with my goals?

New King Investment's business model is based on the premise of carefully identifying and acquiring strategically located real estate and then holding this investment for the long run.  We aren't a get rich quick company, so unfortunately we won't be able to help you with your current goals. Although some of our competitors might help you.

Why do I need to utilize a company like yours?

Investing in real estate can be very time consuming. Think of all the time and money you spend on up keeping your home. Well an investment property requires the same amount of work if not more. The average investor does not have all the time and resources of a company such as New King. We provide a “hands-off” solution to any investor looking to own investment real estate.  Our team of professionals include: home inspectors, lawyers, professional property managers, private and public lenders, and contractors. This is our business, if we don't produce results for you, we don't make money.

How do I go about arranging financing?

We have access to a broad range of both private and public lenders.  You may also want to consider using your RRSP as investment money. This way you will receive both the tax deduction as well as a fixed rate of return on your investment. As with any RRSP your investment will be secured by real property.

Can I really invest using an RRSP?

Yes you can. It is not complicated and the best part is that Mana picks up all the fees so you receive the rate you deserve!!