New BP Member from Toronto, Ontario

[Mike Jebo]

HI EVERYONE! I’d like to introduce myself to the BP community.

I'm a young realtor and investor that lives in Vaughan, Ontario. I’ve been licensed and practicing full time for a few years now in the Greater Toronto Area (GTA); with a specific focus in the York Region area and parts of Toronto.

I hope to expand my network with other members to help, support and create mutually beneficial relationships. I earn a honest living as a realtor, but plan to make most of my fortunes through the investing side of this business.

Having finally started my initial investment last year I have already made more money with buying real estate than I have selling real estate.

With prices appreciating at ridiculous rates year after year in all parts of Toronto and GTA... I’m having an extremely hard time finding properties with positive cash flow. Do positive cash flow properties exist in any parts of the GTA? Please advise. What areas can we buy and rent out with a positive cash flow from the first year? Preferably a city or town that still has a decent rate of appreciation.