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Updated almost 4 years ago on . Most recent reply

User Stats

14
Posts
8
Votes
Elise Asanias
  • New to Real Estate
  • Montreal, Canada
8
Votes |
14
Posts

Successful BRRR in Canada?

Elise Asanias
  • New to Real Estate
  • Montreal, Canada
Posted

Hi everyone, I am a new investor looking to buy my first property, and would ideally like to complete a BRRR to recycle about 100k I have to invest. Is anyone here open to sharing if they've completed a successful BRRR within the past year in Canada? And if so, where, and how did it go for you.

Currently evaluating markets, and trying not to get stuck in analysis paralysis. I'm based in Vancouver, BC and numbers don't make a ton of sense here to do BRRR, so looking to branch out to other Canadian cities to do a deal this year (and if needed, US). Read David Green's book on BRRR and understand the approach, but need to decide on a region. Thanks in advance!

Most Popular Reply

User Stats

87
Posts
60
Votes
Wendell Fong
  • Investor
  • Vancouver BC
60
Votes |
87
Posts
Wendell Fong
  • Investor
  • Vancouver BC
Replied

Hi Elise,

Welcome to BP.  I suggest you come to a virtual meetup on the 19th.  Perfect timing and perfect topic for you.

Just google Mogul Mastermind and email Eric in the Vancovuer team for an invitation. The topic this month is 

Flips, BRRR & Maintaining Your Asset, Last month was Air BnB and short term rentals, March was Tax.

The company focuses mostly on Vancouver-Edmonton and sometimes Toronto.

Date Time: May 19, 2021 06:30 PM Edmonton  (5:30 our time PST)




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