Calgary, Alberta Real Estate Investing
Hi there, I am new to real estate investing. We currently own a property where we rent out the basement suite and live upstairs. This is the first step we took towards achieving our real estate investment dreams! Looking for general advice from others investing in Calgary and surrounding areas.
Thanks!!
Most Popular Reply
Congrats on taking that first step! We're investing in Edmonton and have found that in order to cash flow well, the property has to have at least 2 suites, so either a basement-suited house or a house with a garage suite, or bigger. I would expect it to be similar in Calgary. Keep adding those types of properties, one property at a time, and you'll do well.