Hi everyone, I’m going to study at the York University in Toronto next year and I’m the whole reason for me going to Canada for my university is to start my own rental real estate business (I’m planning to start with buying properties near major universities) there. For context, I’m planning to buy my first property in the last year of uni or a year after that, I will have around 100-150k for downpayment available to me. I would like to receive some advice regarding the following:
1) what are the potential markets that are the best to invest in for multi family, duplex, triplex and fourplex (preferably outside the Golden Horseshoe area as I don’t want to deal with the speculation tax). I’m currently thinking University of Windsor, western university/fanshawe college london and university of Alberta in Edmonton.
2) what is the best way to create a credit history as I’ll have none when I go there.
3) I need to hear an honest opinion about the state of rental real estate in Canada and if it’s even worth it to invest there.
Thanks!
