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Updated over 5 years ago on . Most recent reply

User Stats

20
Posts
5
Votes
Eddy Tejano
  • Rental Property Investor
  • North Vancouver
5
Votes |
20
Posts

Looking for Canadian investors using the BRRR strategy.

Eddy Tejano
  • Rental Property Investor
  • North Vancouver
Posted

Hello fellow Canadian BP members,

My name is Eddy and I'm a new real estate investor here in North Vancouver. 

I was wondering if someone in British Columbia is using the BRRR strategy? Which area are you buying and if the property still have a decent cash flow? I would like to know is this still works considering the housing price difference compare to other provinces and US market.

Thank you in advance,

Most Popular Reply

User Stats

71
Posts
39
Votes
Nathan Hillier
  • Rental Property Investor
  • TN/OH/NJ
39
Votes |
71
Posts
Nathan Hillier
  • Rental Property Investor
  • TN/OH/NJ
Replied

Hey Eddy, and fellow Canadian! 

I wish I had more input to share, but after trying to BRRRR in Calgary, and finding this site, it didn't me very long to jump ship and build teams in the US. If you don't mind me asking, are you dead set on building in BC?

If you're curious about some US markets, i'd love to review with you my past experience investing down south, and the portfolio of rentals i'm building in Dayton Ohio. As well, the proper way to corporately structure yourself to protect against being double taxed i'd be more than happy to share. 

I'm sorry i don't have much to add in terms of actually investing in Canada, but anything you want to know about investing down south i'd be more than happy to explain to you and help out. 

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