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Soroush Mir Seraji
  • Richmond, British Columbia
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Is it too risky to invest in rental units far from your city of resident?

Soroush Mir Seraji
  • Richmond, British Columbia
Posted May 29 2015, 00:38

Hello

I am from Vancouver BC but the market here is extremely over priced and chances of finding rental properties with decent cash flow are not that high.

Recently I have been thinking of exploring other cities far from here.  Possibly fourplex or something and then hiring a property manager to take care of my rental units. 

Is that too risky?  Does anyone have experience doing this? 

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