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Updated over 11 years ago,
flipping apartments/townhouses
Hey guys. I have had rental houses and right now have a house that I am renting the main floor and living in the basement with my wife, saving all the money I can. I have been reading BP and getting great info but I wanted to know in a more expensive market like Vancouver and its tri cities if its possible to flip apartments/townhouses to start creating more capital and than move on to houses.
my other thought was looking at towns that are about 30min to an hour away and the price of property there is usually half of what it is in Vancouver.
I am a pretty hands on kinds of guy and have done a lot of the finishings(painting, trimming, fixtures) all the way to dry walling and basic plumping and electrical work. That's why I am looking at somewhere close by.
Thank you in advance for your help