New member from Edmonton

[Dario Erco]

Hello everyone,

the name is Dario, a new newbie to BP seeking knowledge and wisdom on property investments. I will spend the next 14 days reading as much as i could on different threads and beginning with the free "Ultimate Beginner's guide to real estate investing". My goal is to educate myself as much as possible in the next 6-8 months before i begin investing. I look forward to sharing my story. 

Thanks

[Ash Badry]

Originally posted by @Chris Howe:

@Ash Badry Are you involved in either REIN or the Meetup.com group? I'd love to hear your opinion on the edmonton market. Do you know any REI in edmonton that are focussed on student rentals(My personal interest)?

@Chris Hose I used to be a REIN member but have since cancelled my membership; my soon to be wife is still an online REIN member. I regularly attend the Edmonton REIA on meetup, and we host Cashflow games about twice a month. Our group is called Edmonton Cashflow Meetup and it's obviously hosted through Meetup. I'm not familiar with any REI groups focused on student rentals, Edmonton as a whole is a bit short on REI groups in my opinion.

With regards to the Edmonton market things have pretty much flat lined in the $300k-$400k price range which is what we buy. Our model is the BRRR (buy, rehab, refinance & rent) with legal basement suites but we add a RSP second mortgage on the back end.