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Updated almost 3 years ago,

User Stats

5
Posts
1
Votes
Adrian Beth
1
Votes |
5
Posts

New investor with many questions

Adrian Beth
Posted

Hello BP investors

I recently discovered this site and hopefully I can get some guidance on my first property.

I am 55 and  my goal is to find some cash flowing properties to supplement my future  and possible early  retirement. I have just renewed my mortgage  and because it is almost paid off  I arranged for access to a line of credit. I am in east Gta and was looking in the Kingston area for an investment property but it seems the purchase price is steeply rising and therefore cashflowing a property is going to be difficult. I am now looking on the east coast but I would need make some contacts and or recommendations for investor focused agents and potential property managers before heading out there for a week to look at properties. I have been reading the posts here and noticed that people seem to be focused on Newfoundland and Nova scotia. I have been looking at the prices in St Johns NB and Moncton and curious why they havent been mentioned here, am I missing something?

Thanks for your input and have a great day

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