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All Forum Posts by: Edison Reis

Edison Reis has started 19 posts and replied 134 times.

Post: Canada Alberta Fort McMurray

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

I work in Fort Mac and it will be a long recovery.  Sadly enough the rebuild will stimulate the AB economy but the loses are still overwhelming. 

Landlords with houses there will make you killer money as 2000 families plus  commuters will be looking for a roof

Post: Canada Alberta Fort McMurray

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

I think we gonna see the 1,000 - 1200 per room once again 

Post: Canada Alberta Fort McMurray

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

I work in Fort Mac and it will be a long recovery.  Sadly enough the rebuild will stimulate the AB economy but the loses are still overwhelming. 

Landlords with houses there will make you killer money as 2000 families plus  commuters will be looking for a roof

Post: BiggerPockets Just Crossed the 500,000 Member Milestone!

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

Damn .... excellent achievement ! Congrats

Post: Kelowna BC Vacation Rental Analysis

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

Hi @Stanley Kong

I hear you about the GVA real estate prices.

Your calculations look right but

1) Did you include the strata ? At the Grand they are very expensive (I guess 800 plus)

2) I believe for that price you are buying a share (likely your 3 months assumption so .... Do you know when you will have yours weeks or months? That may affect the rate.

Good luck

Edison

Post: Real Estate Investment Groups in the Okanagan

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

Hi @Joel Sherlock ! This week I am a little bit flexible but next week I will be in Alberta.

Post: Investing in Kelowna

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

Hi there. Unfortunately I don't have any contacts in the VA. I wish I did.

Sorry but I can't help out 

Post: Investing in Kelowna

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

@John Lusk , we live in Kelowna and recently bought an investment property through Vantage West Realty. They are specialized in investment properties but can also help with residential units. 

I worked with Chris Muller. 

As far as an accountant or firm we use Grant Thorton, contact Tyler Neils 

We can't list phone number numbers in here  but if you add me I can give it to you

Let me know if you need more assistance

Edison

Post: Best buy and hold locations Canada - Cash Flow positive

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54
Originally posted by @Edison Reis:

Anywhere from Penticton to Salmon Arm. Prices in Kelowna are climbing faster than other areas so Vernon is likely to cash flow better. (Same rent for cheaper properties)

Post: Best buy and hold locations Canada - Cash Flow positive

Edison ReisPosted
  • Rental Property Investor
  • Kelowna, British Columbia
  • Posts 136
  • Votes 54

Anywhere from Penticton to Salmon Arm. Prices is Kelowna are climbing faster than other areas so Vernon is likely to cash flow better. (Same rent for cheaper properties)