Rookie Canadian Investor looking to connect

Member since 2025 · 1 post · 5 votes

Hi BP Community! My name is Livinus Brown and I'm a Canadian based investor with a few properties in Edmonton that I manage myself. I am sort of new here (been lurking in the forums since June). From what I've seen, this is the best place to be if you're serious about real estate investing. I'm looking to scale not only in Canada but the US as well. My goal is to purchase at least 1 MFR before the end of the year and more next year. I'm excited to connect with like minded investors and hopefully land a mentor in the process. I'm excited to start my journey here with you all.

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Zorya Belanger

Rental Property Investor · Edmonton, Alberta · Member since 2015 · 307 posts · 200 votes

11mo

@Livinus Brown Hi Livinus! I'm in Edmonton too and been focusing on multifamily new builds for past several years. Edmonton has been historically a great place to invest, except if you bought in 2007 and 2014... and 2025/2026 is looking like it will be a similar situation. Experienced investors are selling, holding onto cash, and preparing for the next opportunity to buy when market softens. Many new and out-of-province investors are buying and paying too much, so they will be at risk of foreclosure. Experienced investors will be there to snap up the properties at discounted prices. Be careful out there. What steps have you taken so far in buying your first multifamily? How has that been going?

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Jaycee GreenePro Member
Real Estate Consultant · St. Louis MSA · Member since 2024 · 3k+ posts · 727 votes
11mo
Quote from @Livinus Brown:

Hi BP Community! My name is Livinus Brown and I'm a Canadian based investor with a few properties in Edmonton that I manage myself. I am sort of new here (been lurking in the forums since June). From what I've seen, this is the best place to be if you're serious about real estate investing. I'm looking to scale not only in Canada but the US as well. My goal is to purchase at least 1 MFR before the end of the year and more next year. I'm excited to connect with like minded investors and hopefully land a mentor in the process. I'm excited to start my journey here with you all.

Hey @Livinus Brown, welcome to the BP Forum! What is your price range/down payment amount? Are you looking for turn-key properties or something along the lines of a "fixer upper"? Where in the US are you targeting for acquisitions?
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Stevo Sun
Calgary, AB · Member since 2021 · 327 posts · 176 votes
11mo
Quote from @Livinus Brown:

Hi BP Community! My name is Livinus Brown and I'm a Canadian based investor with a few properties in Edmonton that I manage myself. I am sort of new here (been lurking in the forums since June). From what I've seen, this is the best place to be if you're serious about real estate investing. I'm looking to scale not only in Canada but the US as well. My goal is to purchase at least 1 MFR before the end of the year and more next year. I'm excited to connect with like minded investors and hopefully land a mentor in the process. I'm excited to start my journey here with you all.
Good luck with your investment journey! Calgary and Edmonton will have an over supply of rental properties so it should be too bad to find. I have already seen people trying to dump their purpose built rentals prior to completion. If you are disciplined you can probably find some deals in the near future.
1 Reply
Ken M.
Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votes
11mo
Quote from @Livinus Brown:

Hi BP Community! My name is Livinus Brown and I'm a Canadian based investor with a few properties in Edmonton that I manage myself. I am sort of new here (been lurking in the forums since June). From what I've seen, this is the best place to be if you're serious about real estate investing. I'm looking to scale not only in Canada but the US as well. My goal is to purchase at least 1 MFR before the end of the year and more next year. I'm excited to connect with like minded investors and hopefully land a mentor in the process. I'm excited to start my journey here with you all.
@Livinus Brown: The differences between rules & laws of each country are surprising plentiful. There is a guy from Kitchner who pops in now and then, who can further explain if he cares to.

1 Reply
Anthony Therrien-Bernard
Realtor · Calgary, Alberta · Member since 2018 · 291 posts · 132 votes
11mo
Hi Livinus, welcome! I'm in Calgary and organize investor meetups down here. Good luck with your search in Edmonton!
0 Reply
Zorya Belanger
Rental Property Investor · Edmonton, Alberta · Member since 2015 · 307 posts · 200 votes
11mo
@Livinus Brown Hi Livinus! I'm in Edmonton too and been focusing on multifamily new builds for past several years. Edmonton has been historically a great place to invest, except if you bought in 2007 and 2014... and 2025/2026 is looking like it will be a similar situation. Experienced investors are selling, holding onto cash, and preparing for the next opportunity to buy when market softens. Many new and out-of-province investors are buying and paying too much, so they will be at risk of foreclosure. Experienced investors will be there to snap up the properties at discounted prices. Be careful out there. What steps have you taken so far in buying your first multifamily? How has that been going?
2 Reply
- Marshall Magnus
  Rental Property Investor · Edmonton · Member since 2020 · 54 posts · 38 votes
  8mo
  Quote from @Zorya Belanger:
  
  @Livinus Brown Hi Livinus! I'm in Edmonton too and been focusing on multifamily new builds for past several years. Edmonton has been historically a great place to invest, except if you bought in 2007 and 2014... and 2025/2026 is looking like it will be a similar situation. Experienced investors are selling, holding onto cash, and preparing for the next opportunity to buy when market softens. Many new and out-of-province investors are buying and paying too much, so they will be at risk of foreclosure. Experienced investors will be there to snap up the properties at discounted prices. Be careful out there. What steps have you taken so far in buying your first multifamily? How has that been going?
  Hi Zorya,
  Thanks for the insights about the Edmonton market. I will be honest, I’m not happy to hear it though. I have enough equity built-up in an Edmonton single-family house that I was looking to pull it out and purchase a small multifamily this summer. Nothing crazy, probably like a six unit walk up or something. But now I’m curious about your opinion on this. Would you mind explaining it more?
  thanks!
  1 Reply
- Zorya Belanger
  Rental Property Investor · Edmonton, Alberta · Member since 2015 · 307 posts · 200 votes
  8mo
  
  Quote from @Marshall Magnus:
  
  Quote from @Zorya Belanger:
  
  @Livinus Brown Hi Livinus! I'm in Edmonton too and been focusing on multifamily new builds for past several years. Edmonton has been historically a great place to invest, except if you bought in 2007 and 2014... and 2025/2026 is looking like it will be a similar situation. Experienced investors are selling, holding onto cash, and preparing for the next opportunity to buy when market softens. Many new and out-of-province investors are buying and paying too much, so they will be at risk of foreclosure. Experienced investors will be there to snap up the properties at discounted prices. Be careful out there. What steps have you taken so far in buying your first multifamily? How has that been going?
  Hi Zorya,
  Thanks for the insights about the Edmonton market. I will be honest, I’m not happy to hear it though. I have enough equity built-up in an Edmonton single-family house that I was looking to pull it out and purchase a small multifamily this summer. Nothing crazy, probably like a six unit walk up or something. But now I’m curious about your opinion on this. Would you mind explaining it more?
  thanks!
  
  Hi @Marshall Magnus Alberta is a cyclic market and the multifamily market is nearing the end of a boom. Values are based on your NOI so historic rents give a good picture of the market values of property over the years. In this graph, some realtor proformas predict the green line, but I think reality is the red. either way, everyone should prepare for the red. This is up to 2024 data, but when I add 2025, Calgary is following the red, Edmonton the green, but I expect Edmonton will level off or decrease in 2026. It's good news if you're a buyer - opportunities are coming. Reach out and we can have a quick call to discuss more
  
  1 Reply
- Anthony Therrien-Bernard
  Realtor · Calgary, Alberta · Member since 2018 · 291 posts · 132 votes
  8mo
  Quote from @Marshall Magnus:
  
  Quote from @Zorya Belanger:
  
  @Livinus Brown Hi Livinus! I'm in Edmonton too and been focusing on multifamily new builds for past several years. Edmonton has been historically a great place to invest, except if you bought in 2007 and 2014... and 2025/2026 is looking like it will be a similar situation. Experienced investors are selling, holding onto cash, and preparing for the next opportunity to buy when market softens. Many new and out-of-province investors are buying and paying too much, so they will be at risk of foreclosure. Experienced investors will be there to snap up the properties at discounted prices. Be careful out there. What steps have you taken so far in buying your first multifamily? How has that been going?
  Hi Zorya,
  Thanks for the insights about the Edmonton market. I will be honest, I’m not happy to hear it though. I have enough equity built-up in an Edmonton single-family house that I was looking to pull it out and purchase a small multifamily this summer. Nothing crazy, probably like a six unit walk up or something. But now I’m curious about your opinion on this. Would you mind explaining it more?
  thanks!
  
  I agree with Zorya's assessment (yes as a Realtor!). Regarding the Calgary market, we are doing a presentation on a few weeks with our forecast of the 2026 real estate/rental market. No hype, no BS, just what we see based on market indicators and our experience as real estate investors. Calgary Real Estate Investor Hub Meetup February 11th https:...
  0 Reply
Cody NeustaedterPro Member
Real Estate Agent · Winnipeg MB, Canada · Member since 2021 · 109 posts · 34 votes
11mo
Congrats on already having properties! There are so many posts about people who are "looking to scale" and have never bought a single rental. If you are looking for markets in Canada that are still affordable with decent price to rent ratios PM me about Winnipeg!
204-227-5081
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Sean GrahamBusiness Member
Investor , CPA · Detroit, MI · Member since 2016 · 584 posts · 248 votes
8mo
Welcome to the community, @Livinus Brown. Focusing on one market and one asset class will make finding the right mentor much easier. And just keep the depth in one market, as it tends to scale better than spreading too wide early.
Maven Cost Segregation Tax Advisors554 Reviews
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Chris Preone
New to Real Estate · Bc · Member since 2024 · 9 posts · 1 vote
6mo
Also invested in Edmonton last year.. so far it's going good. Planning to hold long term. And hopefully save up to buy any dips..
0 Reply
Chris Chisholm
Investor · Regina, SK · Member since 2025 · 54 posts · 42 votes
4mo
Saskie next door here! Always looking to connect with other Canadian Real Estate investors.
1 Reply
David Leggett
Real Estate Broker · Cleveland, OH · Member since 2018 · 227 posts · 133 votes
4mo
I'm a little late to the party but great to have you here!! I work with a lot of Canadian investors who like buy in the Cleveland market. Always very smart and savvy investors, I know you'll have a lot of success!!
0 Reply
Bryce Fairburn
Lender · Lake City, MI · Member since 2019 · 118 posts · 42 votes
4mo
Welcome, as a fellow Canadian who owns on both sides of the border, would love to connect!!
0 Reply
Arman AhmedPro Member
Real Estate Agent · Columbus Cleveland Dayton, OH · Member since 2024 · 2k+ posts · 946 votes
4mo
Quote from @Livinus Brown:

Hi BP Community! My name is Livinus Brown and I'm a Canadian based investor with a few properties in Edmonton that I manage myself. I am sort of new here (been lurking in the forums since June). From what I've seen, this is the best place to be if you're serious about real estate investing. I'm looking to scale not only in Canada but the US as well. My goal is to purchase at least 1 MFR before the end of the year and more next year. I'm excited to connect with like minded investors and hopefully land a mentor in the process. I'm excited to start my journey here with you all.

You're already ahead of many people by owning and self-managing properties while actively looking to scale. If you're planning to expand into the U.S., don't overlook Midwest markets where entry prices are still reasonable and multifamily opportunities can offer strong cash flow. My biggest piece of advice is to focus on building a great local team before buying—an agent, a lender, a contractor, and a property manager. The right team will make out-of-state investing much smoother and help you scale with a lot more confidence. Best of luck on that first MFR acquisition!
[email protected]614-418-6081
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