Rental investing in Halifax NS

[Iain Calhoun]

Hey everyone,

I’m fairly new here and looking to begin searching for my first deal. I’m located in Alberta, but the cost of entry here is far too high.

In my searches I’ve come across opportunities in halifax with a decent price to rent ratio, and from what I’ve read, there’s an incredible level of demand and not nearly enough supply. Rental prices are through the roof, real estate prices are not.

My question is - anyone here have extensive experience in the Halifax area, and am I extremely off base on my analysis? Are there issues that I need to be aware of, unique to the East coast?

Thanks everyone for your input.