All Forum Posts by: Arthur P.

Hi @Tim Schroeder I was also considering Wave cuz I'm cheap, too. Can you provide an example of how Wave doesn't support the needed Categories?

@Edison Reis thank you for introducing us to your REIN rule of thumb -- it's a great way for us to quickly & easily gauge a property. 

My wife & I are total newbies to RE investing & have been reading a lot & also watching tons of videos. We quickly learned that most of Bigger Pocket's content does not lend itself well to BC or pretty much any urban area in Canada (common REIN figures of 2.5%). We'll be exploring very small markets to see if we can make the numbers work.

My wife & I only recently became interested in real estate investing. We've watched a ton of videos but have yet to see anyone use the sort numbers we'd encounter here in Vancouver, BC.

For example, a typical 1 bedroom apartment can cost well north of $400,000 to purchase and would bring in about $24,000/year in rental revenue.

I've used the rental property calculator on this site but of course, the numbers just don't add up. Are we out of our minds to think we can make a go of it in this market?