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All Forum Posts by: Adrian Beth

Adrian Beth has started 1 posts and replied 5 times.

Post: New investor with many questions

Adrian BethPosted
  • Posts 5
  • Votes 1
Quote from @Chris Baxter:

@Adrian Beth.  Go back 10 years and it was very easy to find properties that match the criteria in the books you are reading (1% rule, etc.).  Cash flow is now much more difficult to achieve in many markets, especially in SF homes. For a house that costs $500k, you'd have to collect $5k in rent monthly to pass the 1% 'rule'.  This is why I say cash flow is not the norm (but should still be your goal).

I personally look at appreciation as a bonus and don't bank on it when making investment decisions. 

Thanks for the clarification. The application of the1% rule was going to be next question. You said sf homes are harder to cash flow, so would a duplex or triplex be a better choice for a 1st time investor?


Post: New investor with many questions

Adrian BethPosted
  • Posts 5
  • Votes 1
Quote from @Chris Baxter:

@Adrian Beth welcome to BP!  There are many threads on NB, specifically Moncton.  The forum search button should help here.  Many markets (including Moncton) that once had lots of upside are now quite tight. A common thread in the Canadian forums is that cash flow is not the norm, but can still be found with a little creativity.  Post a few specific questions and you'll get some good feedback here. 

"Cash flow is not the norm"? Everything i have been reading has been saying to stay away from deals that dont cashflow. So the primary goal is appreciation on the property?

Post: New investor with many questions

Adrian BethPosted
  • Posts 5
  • Votes 1
Quote from @Chris Baxter:

@Adrian Beth welcome to BP!  There are many threads on NB, specifically Moncton.  The forum search button should help here.  Many markets (including Moncton) that once had lots of upside are now quite tight. A common thread in the Canadian forums is that cash flow is not the norm, but can still be found with a little creativity.  Post a few specific questions and you'll get some good feedback here. 


Post: New investor with many questions

Adrian BethPosted
  • Posts 5
  • Votes 1
Quote from @Chris Baxter:

@Adrian Beth welcome to BP!  There are many threads on NB, specifically Moncton.  The forum search button should help here.  Many markets (including Moncton) that once had lots of upside are now quite tight. A common thread in the Canadian forums is that cash flow is not the norm, but can still be found with a little creativity.  Post a few specific questions and you'll get some good feedback here. 


Post: New investor with many questions

Adrian BethPosted
  • Posts 5
  • Votes 1

Hello BP investors

I recently discovered this site and hopefully I can get some guidance on my first property.

I am 55 and  my goal is to find some cash flowing properties to supplement my future  and possible early  retirement. I have just renewed my mortgage  and because it is almost paid off  I arranged for access to a line of credit. I am in east Gta and was looking in the Kingston area for an investment property but it seems the purchase price is steeply rising and therefore cashflowing a property is going to be difficult. I am now looking on the east coast but I would need make some contacts and or recommendations for investor focused agents and potential property managers before heading out there for a week to look at properties. I have been reading the posts here and noticed that people seem to be focused on Newfoundland and Nova scotia. I have been looking at the prices in St Johns NB and Moncton and curious why they havent been mentioned here, am I missing something?

Thanks for your input and have a great day