Start learning today

author bio

Recent Articles

What are closing costs when buying a house or a condo?

About to finalize buying your home? What are the closing costs you need to be aware ...

Why you need to inspect your attic and what to look for

In this episode, we discuss why an attic inspection is important, when to check and ...


Popular Articles

What does it mean for a house to settle and what's considered normal?

So you've just bought a new house but started to see some physical issues crop up. W...

What's the difference between a zero lot line home and a traditional lot home?

Wondering how a zero lot line home differs from a traditional lot home? Why would yo...


Should my first home be an investment property? (and why it's a good idea)

“Always pick your yard based on your Summer lifetstyle.”


February 19, 2018 - Karl Yeh

Can your first home be an investment property? In this episode, we discuss how your first home is an investment in the future and how it could be more profitable than renting. 

 Subscribe to our YouTube Channel:

YouTube Subscribe 


Prefer to listen? 



Karl Yeh:

Hi everyone, and welcome to another edition of Homebuyer's School.

Today I'm joined by Eddy D'Ambrosio, real estate agent with Remax Elite.

The question we're going to answer is:

"Should my first home be an investment property?"

Eddy, let's say I'm a first-time home buyer.

Should my home be an actual investment, or something that I can maybe rent out or maybe flip out for later?

Eddy D'Ambrosio:        

[00:00:30] Yeah. I mean, there isn't really a reason to say no to that question.

I mean, if you have an opportunity to invest in real estate, then absolutely, get started. At the same time, I think every home is in itself an investment.

They say that one of the greatest investments that you can make is in real estate.

Karl Yeh:                       My dad always says that.

Eddy D'Ambrosio:         Yeah.

Eddy D'Ambrosio:        

Well, and when you think about it, if you are buying that first home, what you're ... You may be [00:01:00] currently living at home.

You may be renting another property.

Either way, especially if you have a rent payment, that money that you pay towards rent is actually paying someone else's investment.

It's paying down their mortgage.

Karl Yeh:                       Yep.

Expert tips ebook - Get the guide today

Investing in your future

Eddy D'Ambrosio:        

As soon as you invest in real estate, and you have purchased that first home, you're now investing in your future by paying down your mortgage.

You're building equity in that property, and that equity can be used for great things in the future, like maybe stepping up into that next [00:01:30] property.

It can be used for renovating this home that you purchased and improving its property value.

Absolutely, either way, buying your property is an investment.

Karl Yeh:                      

So, regardless if you live in it, look at it as a rental property, or even looking to flip it later on, it's still great, regardless.

Eddy D'Ambrosio:        

Yeah. You know what?

Absolutely. Home ownership is more profitable than renting.

Just paying down your mortgage in itself is an investment.

But for those that do decide [00:02:00] to purchase a property, their first property, and rent it out, that's great, too.

Now you have someone else paying down your mortgage, and they're paying to build your equity in that property.

So, absolutely, if you can do it, then why not?

Karl Yeh:          

Perfect. Thank you very much, Eddy. Thank you very much everyone for joining us, and we'll catch you next time.


Your turn:

Let us know if you have additional home buying questions that we can answer by submitting them in the comments section below. 

Homebuyer's School publishes new content weekly so subscribe or check back regularly for the latest information, strategies and tips from homebuying experts. 

About Eddy D'Ambrosio:

My experience in the real estate industry started in 2010 selling homes for one of  Edmonton's largest new home builders. With over 150 homes sold, I learned what it takes to sell homes in both a busy and a slow market. In all of my years selling homes I was a top producer and in 2014 I received the A.C Westman Award for both Top Sales and Customer Service Ranking which is the highest honour. The skills I learned working in the New home Industry transfer over to general real estate in a big way and make me a huge asset to have on both the selling side of a transaction and the buyers side.

My message to those looking to sell a home today is that my experience and expertise is in understanding the people I'm selling for and the people I'm selling to, understanding the product or property that I'm working with, and developing a creative and effective strategy that will get us top dollar for your home. I enjoy the unique challenge and opportunity that comes with each individual property and I don't work with a one size fits all approach so contact me when you are ready to meet and work together to put together the best strategy for you and your home.

Latest Articles

Expert tips ebook - Get the guide today


Continue your education

Join your fellow homebuyers to get the latest strategies and tips to help you find your perfect home.



Watch the latest home buying video so you’re prepared for your next home purchase.


Latest Videos

Watch the latest home buying video so you’re prepared for your next home purchase.

Watch & Learn