All Forum Posts by: Nes Canada

@Alex Butz

It's cashflowing decently but no as much compared to what we read people are doing back in the States. I completely agree on the Skytrain strategy, I had tons of inquiries of people wanting to rent after i posted it.

I worked with Gloria from TD i can share with you her number if you like, she knows what shes doing and is an investor herself.

@Lorin K.

I have a primary residence and an awesome Mortgage broker. She was able to setup me up with a line of credit and put the property on second position for my mortgage.  I was fortunate enough not to spend a single $ on this transaction.

Im considering investing down south too, at this time though Im trying to beef up a Canadian portfolio. Will keep it in mind..Thanks

 Thank you very much! Was considering looking at Winnipeg to invest in since there the prices haven't skyrocketed yet

I do have some pics will try to upload soon, I'm in MX and the wifi disconnects every so often :(

Hi Kristoffer,

Looks like we are both form BC and from PH. This is an awesome place to get information from.

I just posted a success story (which the mods needs to verify first). There are lots of opportunities here and lots of information.  One of my next steps is to acquire a property in the Island around Sunshine Coast or Salt Spring Islands.

Hi everyone just like the title says  I was able to close and take possession of my first Vancouver BC rental property. Already had some minor renovations done and have a tenant moving in on the 15th for $1600/mo.

The property is a 1 BR condo unit close to a skytrain (train :) ) asking was $300k did some back and forth and closed at $295k, strata fee is $200 a month. Put in some new crown mouldings, baseboard, refinished the bath tub spent around $3000.

Been a lurker in BP for a while and never expected to get so much information that helped me out.

Excited on getting the next couple of properties. I'm just a bit perplexed why people from BC Canada aren't too active here, I know our market specially Vancouver is on the extreme side but there are deals to be had.