[Gridlock]

Originally Posted by westopher

Read my posts. I make positive cash-flow on a place in edmonton. Literally only 100 bucks a month after tax and condo fees, and that was with around 100k down on a 250k place. If you are looking for investments specifically, multi unit homes are really the only worthwhile investment IMO. I bought the place to live in though, and then decided to get the fuck out of there before I jumped off the high level bridge. There are so many things I would have been better off investing in, however, it worked out ok still. I don't work with a management company, and offer about 150-200 below market value to have family friends as tenants who I can trust. Knowing the deal that they are getting, they don't really bitch about anything, although being a new building not much has gone wrong.

Now, obviously there is something to be said about having a place and renting it out based on no longer fitting your lifestyle...but as an investment 100k should buy you a lot more than $100/month.