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Updated about 3 years ago on . Most recent reply

Taylor Gaylard's profile image
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Taylor Gaylard
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Taylor Gaylard's profile image
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Taylor Gaylard
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Taylor Gaylard
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4
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Buying & Selling Real Estate

Buying a rental in an inflated market

Taylor Gaylard
Posted

Hey Everyone!

I am looking for some help with the situation I am in. I live in Alberta, Canada and I currently have the opportunity to get my first rental unit filled with tenants already.

Due to our market up here in Canada being very inflated I'm worried that there will be a big correction coming here in the next year or so and I'm not sure if I should wait until the correction to buy or ride it out?

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Mike Dymski
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Mike Dymski's profile image
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Mike Dymski
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  • from Greenville, SC
  • Member since Mar 10, 2016
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
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Mike Dymski
#5 Investor Mindset Contributor
  • Investor
  • Greenville, SC
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Harsh truth - we have been answering this question on the forums since 2014...

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