All Forum Posts by: John Yeung
John Yeung has started 1 posts and replied 1 times.
Post: Good cash flow, but in a cooling market

John YeungPosted
- Seattle, WA
- Posts 1
- Votes 0
I'm looking at the feasibility of buying my first property in Canada. In recent years, cities like Toronto and Vancouver have seen a rapid rise in property prices, and they're near the top of UBS' Global Real Estate Bubble Index.
In this case, if I can find a property with positive monthly cash flow, but anticipate a decline some time in the future (not sure when), is the right move to take the deal or to wait? Both options seem to be justified logically
Please advise