Is anyone using the ACRE System

[Jason Murray]

Is anyone using the ACRE system from REIN Canada? 

I’m looking for suggestions on where to get data to do some market research. 

Or even if you’re not following ACRE where are you getting your market data from? Please give me deep links. Stats Can has a lot of stuff, I’d love. To not have to dig for days to find something useful (but I will if need be). 

Thanks in advance. 

[Ming Lim]

@Jason Murray - ACRE is a great basic system for how to invest in real estate in Canada, however, one of the biggest drawbacks is that it doesn't take into account risk. ACRE is primarily a cashflow focused system and cashflow is a function of risk. 

Sounds like you're trying to figure out what market to invest in and I personally believe that chasing the best market is a rabbit hole. As long as the fundamentals are there, you can make money in almost any geographic area. In any decent forest, you'll find a great tree. :) The caveat is that you need to become an expert in that particular market. Pick a market that supports some of the general fundamentals and then focus on really understanding it. I always like to say to people who invest in Toronto, if you don't know the difference between, High Park, Regent Park and Moss Park, don't invest in Toronto.

The local realty boards are often a great source of the data you're looking for. But things like the ripple effect, if having expert local knowledge. Toronto (which I keep using because I invest here), has had ripple effect along its subway lines Yorkville --> Annex --> Dovercourt Wallace Emerson for example along the Bloor line. My meetup and a bunch of other folks on this board who run meetups are also a great place to get this kind of local knowledge.

Bottom line - invest in an area that you can easily become an expert in! Hope that helps!