REI in Canada = Not profitable? (BP #214)

[Jan B.]

Hi there -

Just listened to podcast episode #214 of the podcast and was surprised by Joel Sherlocks statement that REI in Canada didn't made much sense for him/his company so they went to the US/Arizona instead..

We're currently located in Munich, Germany but have been all over the place in the past, spent a couple of years in NZ, and are now seriously thinking about moving to Canada (BC) and starting to invest in real estate (small rentals) there.

Any insights from local investors much appreciated -
Does it make sense to invest in real estate in the BC/AL area these days, i.e. are there good deals to be found..?

Cheers,
Jan