New Member from Vancouver

[Peter Davies]

Hi there members!

I live in Vancouver, but looking to gain as much knowledge in order to make my first rental investment property outside of B.C.  Looking at London, Windsor and other areas that have reasonable more affordable pricing (not here).  I am pre approved by a few banks, and have access to line of credit for down payment.  Also quite important is access to various tools online.  As I'm remote, I'd need to use a Property Management firm.

Anyone else invest remotely out of province?  Experiences to share? 

Appreciate any insight

Peter

[Cassidy Logsdon]

Hi Peter, 

Welcome to bigger pockets!

Personally, I invest in my city- Windsor, ON. However I have quite a few clients who invest remotely in Windsor! 

I would be happy to talk more about the market in Windsor and local property management companies. 

A good tool for out of town investors is having a portal set up that will screen out properties that meet your criteria and email them to you as soon as they hit the market. A nice time saving tool since you don't have to spend time sifting through everything on the market!

Good luck!