Updated over 4 years ago on . Most recent reply
Canadian investors
While I appreciate BP is a U.S based platform, I am always curious how many investors in Canada is lurking on this board, and lots of opportunities were missed. While our group focus mainly in Alberta, we would love to network with investors out in BC, ON, MB, SK, and the eastern region.
I just like a show of hands to see who's active in this forum, and would like to focus on a Canadian cities for investment?
Most Popular Reply
Hello David,
It all really depends on what your investment criteria is. You can buy for cash flow; or you can buy for appreciation (either forced through rehab and mgt or market appreciation); or you can buy a property that is a hybrid between these two. Personally, we prefer to buy in locations that will return cash flow, but also has appreciation. (Our investing criteria is at least 10-12% Cash on Cash returns annually). We currently have 1300+ units investing with this criteria. The only way I can see buying in Calgary or similar markets, is if you feel appreciation is going to be very high.
"The Real Estate Guys" basically say...live where you want to live and invest where the deals make sense.