Our Process
How It Works
Our approach recognizes the need to assist individuals directly to build a plan for financial security based on their unique needs and goals. We start by discussing your aims, expectations and budget. We then perform a thorough assessment of your financial goals, investment objectives, and risk tolerance. We strive to understand your needs to determine the best path for you and guide you to make an informed choice.
After establishing your real estate investment needs, your Select Properties Investment Associate will present you with properties that suit your investment profile and budget. Once you have committed to the income property investment opportunity, we provide ongoing support.
Stable Housing Market
At Select Properties, we target stable housing markets with solid fundamentals. Currently, we focus on the Ottawa area – a strong, stable housing market. Before we commence a project, we conduct extensive market research and due diligence including the following:
- Economic assessment of the location’s stability and long-term growth prospects
- Highest and best use study (including evaluations on the geographical and surrounding areas)
- Economic feasibility study (including a study of economic diversity and key economic indicators to determine area viability)
- Demographic studies such as population trends, income and age levels
- Statistics on employment and vacancy rates
- Business climate and confidence in the marketplace
- Political climate
- Levels of investment (locally and foreign)
- Independent third-party appraisals and inspections
Due Diligence
Select Properties always follows a strict due diligence process to ensure each project meets our rigorous criteria. This includes the evaluation and analysis of:
Due Diligence
Select Properties always follows a strict due diligence process to ensure each project meets our rigorous criteria. This includes the evaluation and analysis of:
- Third-party engineering reports and assessments
- Third-party appraisals
- Local and regional economic information
- Demographic trends
- Local and regional market data
The Five-Step Process
Step 1: Let’s build your customized plan
Schedule a consultation with a Select Properties Investment Associate to explore the options available to you. This step will help to evaluate your needs and develop an income strategy tailored to fit your budget and financial goals.
Become a Wealth Builder member and gain the following benefits:
- Exclusive access to preview new income property projects
- Turnkey property management services
- Vacancy protection plan
- Access to market intelligence and updates
- Ongoing support and one-on-one consultations with an Investment Associate
As a Wealth Builder member, your Select Properties Investment Associate will guide you in your real estate investment journey and help you to leverage our income property strategies to generate income and build wealth.
Step 3: Choose your property
After you are approved as a Wealth Builder member, you need to choose your suitable income property from our available options. At Select Properties, we offer new-build income property opportunities. We focus on new apartment building projects for our investors to acquire the units to generate income.
Your Investment Associate will advise you of the opportunities that best suit your budget and financial goals, as well as guide you to make informed choices.
Step 4: Financing solutions
After you have chosen your desired property, it is time to talk about money. Your Investment Associate will guide you through the financing process. Our building partner maintains strong relationships with leading Canadian financial institutions and mortgage brokers. If suitable, we can recommend you for a referral. This can facilitate the process and help get the best rates.
Step 5: Watch your investment grow
Once you have secured the financing and the contracts are in place, the challenging work is done. The rest is easy. Just take a back seat and watch your investment grow. You will not have to deal with the trouble of being a landlord. Our property management partners will take the hassle out for you by managing your property for you. They will find a suitable tenant for your unit, collect rent, and send you a cash flow statement every month. Your rent should cover your mortgage and expenses on the unit.