All Forum Posts by: H Faryabi

I guess you are right. Thanks for the input. 

Just want some input from my fellow people in the GTA who are watching the market like I am and are confused about how to invest. I know condos downtown will definitely lose money every month because the cost of ownership exceeds rent amounts but I also realize supply is low and the prices are likely to climb regardless.

That, or a 2 unit rental property in Durham region somewhere that might break even in monthly carrying costs?

Any thoughts?

Great thank you guys. Really awesome to be able to have a network like this. Appreciate the feedback. 

Im thinking rental units since the supply of rental units keeps falling. Its just so hard to find any properties that even come close to cashflowing. 

Any tips?

Hello Everybody,

I am a new real estate investor who lives in the Toronto area. Given the current circumstances with the virus, I am wondering how many of you are holding up. 

Also, I am torn on what would be the best approach given the very hot Ontario real estate market for a newbie. I have about 100k saved up and I am open to investing in any area within a hour of Toronto. If you where in my position what would you do? Buy rental property? Flip? BRRR?

Please let me know. 

Thank you and God bless.