Anyone here investing in British Columbia? How do you cash flow?

[Hansveer Chandhok]

Hi guys, I’m new to this forum and real Eatate investing as a whole. I’ll be looking to invest in BC, Canada some time in 2 years or so. I’ve been scouring properties on Redfin and Craigslist around the Vancouver area and it seems almost impossible to find something that would cash flow. Where do you guys invest in BC? I was thinking of buying into a student rental or even building one in Kelowna to get things started. 

[Kris Bucci]

Good morning, we are cash flowing on properties on Vancouver Island near Victoria. Purchase prices have gone up in the last year, but you can get in on a 3up/2down suited house for the 600's while getting 4K plus in rent. CF is in and around 1k per month. We purchased 3 of these over the past couple of years and have decided to build two more to get the entry price into the 500's. Our version of BRRR... Buy, build, rent, refinance, repeat...BBRRR