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Updated over 1 year ago on . Most recent reply

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7
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Michael Nevens
5
Votes |
7
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Advice on area to invest

Michael Nevens
Posted

Hey guys,

The real estate market in Vancouver is insanely expensive, and therefore hard to break into as a new investor.  I live in Vancouver and I would like my investments to stay close to home. Which areas in BC do you suggest investing in, where prices are more "normal"?

Any suggestions are appreciated! Thanks!

Most Popular Reply

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269
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370
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Kerlous Tadres
  • Realtor
  • Columbus, OH
370
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269
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Kerlous Tadres
  • Realtor
  • Columbus, OH
Replied
Quote from @Dion Huey:
Quote from @Kerlous Tadres:

Have you thought about Columbus, Ohio? I understand you may want your investments to stay close to home but I currently invest in Columbus and it is a great place to invest in. Here is why:

Columbus, Ohio is a great market to pick up rental properties because of the lower home prices and demand from renters. JPMorgan Chase, Nationwide, Honda, L Brands, Huntington, and Amazon are just a few of the many companies that have thousands of jobs in the city.

New Albany is home to several major data centers including ones operated by Amazon, Google and Facebook, whose parent company, Meta, announced plans in the spring to expand its New Albany campus.

Strategy wise I would look for multifamily properties so you can start cashflow. I would recommend networking with realtors and seeing what they have to offer to help you out while looking for great investment opportunities!

Happy to connect to discuss more!


 He seems to be looking to invest in Canada.  Columbus, OH is an incredible market though!  My team and I are actively looking there, and going into contract on a multifamily property today.  What submarkets do you cover in Cbus?

I cover anywhere in Columbus, honestly. Just depends on what you are looking for. Would love to connect and see how I can help you!

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Kerlous Tadres | Reafco Real Estate
5.0 stars
16 Reviews

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