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Updated over 2 years ago on . Most recent reply
400K CAD to invest. What are my best options?
Hi all,
I am a Canadian Real Estate Investor. I have 2 properties currently and I'm sitting on about 400K CAD in cash. I've been looking at multiple different options to invest in. Specifically, I've been looking at Quebec for cash flow purposes but I've read landlord rights are terrible there. I've also been looking out East in NS and NB. I've also looked in Florida, and Arizona but financing and the currency exchange is tough right now to justify investing in US.
Any advice on next steps or locations?
Thanks in advance
Don
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Quote from @Don Henderson:
Hi all,
I am a Canadian Real Estate Investor. I have 2 properties currently and I'm sitting on about 400K CAD in cash. I've been looking at multiple different options to invest in. Specifically, I've been looking at Quebec for cash flow purposes but I've read landlord rights are terrible there. I've also been looking out East in NS and NB. I've also looked in Florida, and Arizona but financing and the currency exchange is tough right now to justify investing in US.
Any advice on next steps or locations?
Thanks in advance
Don
If you want cashflow, look at Cleveland Oh. Low entry price, high cashflow, 400k could go a long way.