Investing Real Estate in British Columbia Canada

[Shaun Matthew Vicencio]

Hey everyone! I’m new to real estate investing and currently learning as much as I can. I’m based here in BC, and as you probably know, property prices are really high right now.

I’ve been reading BRRRR by David Greene and planning to follow the strategy. My initial plan is:
✅ 75% funding from a private lender (I already found one)
✅ 25% from a joint venture partner (still looking, but I have some potential candidates)

Right now, I’m trying to figure out:
🔍 Where to find good real estate deals (especially distressed properties)
👷‍♂️ Where to find a reliable contractor
💭 Whether I should flip first to build more capital or go straight into BRRRR

I’m really motivated to take the risk and get started, but I also want to learn from others who’ve been in this space, especially here in BC.

If you’re an investor, realtor, contractor, or just someone who’s been through this journey, I’d love to connect and hear your advice! 🙏

Thanks so much in advance!

[Theresa Harris]

Quote from @Ken M.:

That tax is only for non-owner occupied properties that are not long term rentals (ie mostly short term rentals).  If you have long term rentals, it isn't a problem.