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Updated almost 5 years ago,
Rentals in Grande Prairie, Alberta
Hi BP gang, I am a new real estate investor looking for some tips in the rental market in and around Grande Prairie, Alberta. Specifically, I have been looking into the BRRRR method when it comes to modulars and other cheap rental properties. I am open to any and all cash flowing opportunities, but as someone who is just beginning and has limited access to financing/down payments, I am more inclined to begin with cheaper properties. Anyone have any expertise when it comes to this property type and/or the area I'm looking to invest in? Some do's and don'ts to live by or even some target percentages as to what to look for when it comes to ROI, cash on cash, etc. Any help is appreciated, thanks!