Quote:
Originally Posted by Gerbs
On a side note with $75 - 150K for RE Investment which areas/cities/builds would you guys consider at 5-5.3% interest?
My friends had success in Calgary, but it's volatile in the sense that you could be making close to 8-13% back on rent + Cash flow. But one small special levy could wipe out 2 years of rental gains.
Fortunately they got some capital gains but it's pretty minimal, SPY came out ahead.
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Kinda in this boat rn.
Have a burning hole that could pay for a DP or a whole property in a smaller city but don't think it's worth it with current interest rates.
Was thinking bout something in Tahoe / Whistler instead of something in a city.
If I had to do a city, maybe something in Prince George - solid industrial base and tenants.