I invest in South Western Ontario. I have been working on a few deals - a townhouse complex and a 9-plex. In the deal summary for the potential JV partner, I set the appreciation rate at 5% per year for 5 years. However, given the thread of events from federal government changes to the upcoming HST and the expected interest rate increases, I am wondering if 5% in Year 1 and even Year 2 are a bit aggressive.
What do investors as projections for the next 5 years?
Thanks.
Oleg
What do investors as projections for the next 5 years?
Thanks.
Oleg