Quote:
Originally Posted by BurnoutBinLaden
What about investing in rural BC properties, or elsewhere in Canada in the US? Although I'm not really fond of being an absentee landlord...if I rented out a property I would prefer to personally meet with the tenant, fix things that need fixing, etc
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It's quite obvious u don't really know what ur talking about, Canada, US, condo, house - now rural BC?!
US was great 2 years ago, now, much harder to get great deals (good deals are there, but tough for a foreigner for many reasons)
Canada? Forget about it, nowhere but down from here, would be a terrible investment (if you can call it that, as you would need to expect some kind of returns, and there's no chance of that at current prices)
Forget real estate for the next 5-10 years, unless ur an American living in America