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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Bhakti Kshirsagar
  • North Vancouver, BC
1
Votes |
7
Posts

Canadian novoice investor looking to invest in US

Bhakti Kshirsagar
  • North Vancouver, BC
Posted

We are in our late thirties. My husband and I are slowing beginning to explore the REI options. We are from Vancouver and prices are crazy overall compared to few neighbourhoods in US. We have about 30K for a down payment and looking for a multi-family, cash flow positive deal. Where should we start? Given we are definitely going to need a good and reliable PM team, is that the first thing we should finalize? If yes, how? Thanks in advance for your inputs. Sorry if my questions sound too basic but this is because it's going to be our first rental property.

Most Popular Reply

User Stats

66
Posts
41
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Vincent A.
  • Real Estate Broker
  • Calgary, Alberta
41
Votes |
66
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Vincent A.
  • Real Estate Broker
  • Calgary, Alberta
Replied
Originally posted by @Bhakti Kshirsagar:

We are in our late thirties. My husband and I are slowing beginning to explore the REI options. We are from Vancouver and prices are crazy overall compared to few neighbourhoods in US. We have about 30K for a down payment and looking for a multi-family, cash flow positive deal. Where should we start? Given we are definitely going to need a good and reliable PM team, is that the first thing we should finalize? If yes, how? Thanks in advance for your inputs. Sorry if my questions sound too basic but this is because it's going to be our first rental property.

 Welcome Bhakti! I'm a former resident of Vancouver, BC. Born and raised there actually! So I know what you mean in regards to the housing market out there. I just sent you a PM in regards to a contact if you're interested.

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