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Updated almost 6 years ago,
New Member from Edmonton, Alberta, Canada
Hi Everyone,
I have been reading and listening to the podcasts on this website for a while, and decided I should also reach out to you all!
I am from Toronto, but have been in Edmonton for over a year now - and I am really motivated to get started with real estate investing in this city.
I spent a short period as a real estate agent in Toronto over a decade ago; but other than that I have very little real estate experience. I have since switched careers into Occupational Health and Safety, which treats me very well.
I would certainly appreciate any additional insight on creating an investment/income property situation in Edmonton. I have viewed a lot of properties myself and done as much research as I can, which has led me to find the most promise in the King Edward, Ritchie and Oliver areas. I also like Cloverdale, but it seems too expensive.
I know infill properties are popular in these areas, but I'd rather stay away from them because I do not see them as beneficial towards my goals.
My main focus is on beginning with a single family home with a 2 bedroom basement suite, which I am willing to renovate/build. Or a multifamily home, if I can make it feasible.
For my first investment, I intend to live in one of the units, so I wanted to stick to my desired locations listed above.
I really appreciate any insight into any of this - but please do not hesitate to reach out to just get connected!
Thanks for reading,
Jay