Any investors here on the island? (PEI, Canada)

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  • Rental Property Investor · Charlottetown, PEI · Member since 2021 · 26 posts · 4 votes
    5y

    Hi Luke,

    I recently moved back to PEI and started investing in properties here. I'm relatively knew to it, currently house hacking but also closing on a multi family property in a few weeks - with a partner. I know from another thread that there is a handful of others here, who are BP listeners. I think they tried to have a monthly meet-up but it was just before Covid, so I'm not sure if it went anywhere. If it didn't maybe a group of us could try again since things are 'slightly' more open since then. I'd love to connect with people too.

    Cheers,

  • Rental Property Investor · Charlottetown, PE · Member since 2021 · 7 posts · 0 votes
    5y

    @Zach Denny that would be interesting, would be worth a try before things close again (looks like that may be where things are headed)

  • Investor · Red Deer, AB · Member since 2017 · 50 posts · 33 votes
    5y

    @Account Closed @Zach Denny

    My fiancé, originally from the Stratford area inherited some land a few years back (Point Prim). We've been wanting to develop the land and put up a potential vacation home/short term rental/long tern rental. Very open to any possibilities. Looking to try and connect with someone local to line up development contacts. Currently a teardown house on site with a lot of yard cleanup to be done. Was thinking of putting a mobile home on site to rent out until full development if complete. Any suggestions?

    Cheers!!!

  • Investor · Ontario · Member since 2015 · 486 posts · 250 votes
    5y

    Hi @Account Closed I am in Ontario Canada. Happy to have a fellow Canadian on here. 

    All the best with your investing!

  • Rental Property Investor · Edmonton · Member since 2020 · 54 posts · 38 votes
    4y

    Hi Luke,

    I am only in the Edmonton market but a friend of mine just bought some lakefront property in Newfoundland. He was planning on working with someone to develop it and sell it. It was an interesting lot, the county created a handful of parcels on the lake and opened it up as a lottery to win the right to choose and buy a parcel. I don’t know anything about the markets outside of Edmonton but he made it seem as though he had in fact “won the lottery” in buying this lot. 
    Anyway I know that PEI and Newfoundland are not the same but if you are interested I would be happy to put you in contact with him (he has not found the light that is BP yet). 

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