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Updated over 4 years ago on . Most recent reply

Kevin Pham's profile image
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Kevin Pham
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Kevin Pham
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Kevin Pham
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Starting Out

First rental property

Kevin Pham
Posted

Looking to invest somewhere in BC preferably somewhere I would be able to commute to from Vancouver 2-3 hour drive?

Budget would be something under 500k.

I was looking at some condos near ubc in Kelowna as a student rental or maybe short term rental. Although I'm not completely sure of the bylaws up there on that.

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Brian Hosier
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  • from Port Coquitlam, BC
  • Member since Oct 25, 2013
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Brian Hosier
  • Investor
  • from Port Coquitlam, BC
  • Member since Oct 25, 2013
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Brian Hosier
  • Investor
  • Port Coquitlam, BC
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Brian Hosier
  • Investor
  • Port Coquitlam, BC
Replied

Hi Kevin,

Are you looking for appreciation or cash flow? It's tough to cash flow in BC but there are other locations across Canada where cash flow is possible. If you want to meet other BC investors, checkout our FB group at https://www.facebook.com/group...

I invest out of province primarily because it's hard to cash flow here. 

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