Ontario Markets - First Time Investor

[Ben Welch]

Hello BP Canada,

I'm hoping to get some feedback on the community's feelings towards the Ontario market right now and some advice for a prospective first-time investor. 

I've been researching real estate for about a year and sitting on the sidelines while I educate myself on the topic. However, as you're all likely aware, the markets are red hot, making affordability in most areas an issue. I'm open to a number of different investment strategies but am leaning towards the more buy and hold options.

What I'm really trying to understand is whether or not this is the best time to buy as a first time investor to get into the market (and leaning towards a more buy and hold option). I know there are always options with JV partnerships, but I'd ideally like to get my first deal done solo.

I know we can't predict the future and most of us wouldn't have expected these market headlines back in April, but just curious what the community's general feel is towards the market right now and where expectations lay for the future. 

Welcome any and all thoughts! 

Thank you kindly,

Ben