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Updated almost 5 years ago, 02/18/2020
New investor in the Vancouver, Canada area!
Hello!
I am a completely green potential investor from the Great White North and I am really excited to be a part of BP! This site, the podcasts, the information has been a fantastic resource for learning the basics of real estate investment and developing my plan and goals.
I wanted to initially introduce myself, I am a 28 year old health care professional living in my first purchased apartment i Langley, BC, Canada. I am hoping to build a real estate portfolio of rental property in the Greater Vancouver area while retaining my job as a physiotherapist. My long term goals are to buy and hold cash flow positive rental properties, hopefully 1-3 properties a year.
Now the market here has been CRAZY with places appreciating like mad, so I was wondering if there were any other investors in/around the area that have had success finding cash flow positive rental properties? I likely will not be investing in Vancouver itself, but in the outskirts in the Fraser Valley (Surrey, Langley, Abbotsford) just because the prices of places are so crazy.
If there is anyone with experience in these areas or have any tips/resources for me I would GREATLY appreciate it. I am furiously getting through as much educational content as I can at the moment. Thanks in advance for your time, and really excited to start this process!
Cory Graham