Canadian Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago,
Is "Secrets of the Canadian Real Estate Cycle" Relevant ?
Hello BiggerPockets,
I am brand new to this platform and currently in the learning phases of real estate. The past few months I have read some of Brandon Turner and David Greene books and absorbed countless hours of audio content through podcasts. I feel confident at this point to start approaching my future team and my goal is to close on my first property by the end of this year. My problem is I am unable to decide on a market to invest in. Being from BC I have decided to pursue long-distance investing. I have analyzed Edmonton, Calgary, Saskatoon, Regina, Halifax, Sudbury, Windsor and some smaller communities; Prince George, Crankbrook, Sydney, but I just cannot decide where to start truly putting all my time into.
I would like to start with a duplex, either half and half or a house with a basement suite. Interested in long term buy and holds, appreciation would be nice but cash flow is a must.
I feel that what is holding me back is my lack of understanding the cycles of real estate so I came across this book; " Secrets of the Canadian Real Estate Cycle: An Investor's Guide "by Don Campbell, would this still be relevant to the Canadian markets in 2022? I am hoping this will give me more insight into the different markets we have in Canada, allowing me to finally choose where to pursue. Would also appreciate any advice more experienced investors may have to offer or even pointing me in the direction of more information. Thanks in advance.