Looking at Calgary and Lethbridge for rental units
First time dipping my toe into the rental market. Does anybody have any experience in these markets? Any thoughts, advice and feedback is appreciated.
David
Most Popular Reply
@David Baye Why the focus on Calgary? As many others have said the Calgary market swings based on resource pricing. My first investments were in Windsor Ontario which is a 6.5 hour flight from me in Vancouver. It was low and rental rates were still strong. Expand your horizons away from your local geography where cash flow is higher and stability is greater. I've also dipped my toes into the US market which has been surprising simple and fruitful as a Canadian. Happy to discuss my journey in out of province investing if you'd like to know more about my journey.