Toronto (GTA) Newbie

[Marlon Pieris]

Hi,

I'm interested in implementing a BRRRR strategy in the GTA. The problem or question I have is how to make the math work for a positive cash-flow. A lot of the videos and posts I've read are about positive cash-flows where home purchase prices are below $150K or so. Even if the rents for those places might not be as high as the rents in GTA, the housing prices are exponentially higher here. With 20% down, the rent you would need to maintain a positive cash-flow after mortgage and all expenses would be unattainable here. What am I missing? Or is Toronto (GTA) not a good market for BRRRR? Thanks in advance for any advice or help you can provide.

Regards,

Marlon