Anyone investing in wetaskiwin or red deer alberta canada?

[Ian Dale Ibrado]

Hi everyone, im from spruce grove alberta canada. Looking to start investing next year (currently learning a much as i can).

Anyone familiar with investing in wetaskiwin, red deer or lloydminster alberta? They seem to be more promising locations than edmonton and calgary.

Thanks

[Account Closed]

Quote from @Ian Dale Ibrado:

@Chris Baxter thanks for your response. For these past 3 months, i have been constantly checking houses and doing my own analysis on them. Edmonton with the current market doesnt seem to make sense but wetaskiwin and red deer does, thats my own opinion. Wetaskiwin has tons of reasonable inventory with fair rent whereas red deer is similar to edmonton when it comes to rent prices but housing prices are lower.

Not quite sure but need some thoughts on this.

Thanks

No market is inherently 'good' or 'bad'; there are many ways to invest in real estate, and there are always opportunities in any market.  If you are focused on SFR, you may come to a different conclusion about a market than I would (I invest in larger MF properties) and that's perfectly OK.