All Forum Posts by: Nicolas Houillon

 Thank you @Sean McLean. I ll try to reach out . 

 agree , heat maps need nuances ... NA is not 1 single market :) 

This map is very misleading IMO . Same for the EU map, I know France , and you cannot paint the whole country in 1 color , can you ?

Thanks @Cory Graham , 

I was quickly looking at AB vs BC to make my first investment, and one of my concern is rental vacancy , I looked at renfaster.ca and see about 3,500 property for rent in Edmonton for example. Doesn't it cause some competition as a landlord an a risk to remain vacant for long ?  On the other end only 100 property for rent in Vancouver , but this market is out of reach ... 

What s your experience with vacancy in AB vs BC ? 

courtenay, bc

Thanks all for valuable insights and recommendations so far. 

I have a follow up questions about 'low income housing' investment (in canada) .

I found a potential property and just learned it is  considered a low-income property. 

Pros that comes to mind: more affordable for me to buy and get in the market, should never really be vacant.

Cons: rent is lower than another place maybe, does low-income have a negative connotation ? 

Anyone with experience in that kind of market ?

 Love the mindset here @Ken Didychuk "opportunities are limitless" . I am a believer in learn through failures , have missed a bunch of opportunities ( not as REI but primary residence), and agree on spending time researching. Although now I am trying to find the right way to study more, there must be statistic or so to study to have numbers make sense .

For now focusing on BC or maybe NB , but I do not discard AB for sure, like many I looked into Calgary last year :) .

I should reach out to know more about the inland market though , thank you 

Edit: sorry at mention do not seem to work

 Thank you @Maksu Ize ,

I like this descriptive approach, almost like a recipe to apply, but practice and maybe some failures will only provide results.

I ve got the point 1 and 2 ( pre approved for 400k for investment, although I dont want to use ot all) .

point 3-4 :

looks like I need to do some research about locations.

 I was thinking using statistic canada or cmhc websites to get some reports and analysis .

I dont know if that's a good approach.

I think I have either the main cities in NB or a few town on Vancouver Island  to start with .

Hi

is there a similar website for canada ? content seems very focus on the US.

Trying to start but while the reading and the theory is probably ok globally, markets are very different based on location.

I am in BC and debating whether I should invest for my first time in the West or the Maritimes. Trying to figure what tools I could use to make a decision. As I can not buy for my self in vancouver I rather invest elsewhere if that makes sense. 

How did you all start ?  I feel like I should not ask , nobody is going to reveal their strategy ha ha.

cheers

Hi there, 

I am trying to get into REI after trying to buy my own home for more than 2 years in vancouver, market in the city being so hard for beginner, I am now considering to keep renting in the city(cause I like living here) and use my down payment for an investment property instead.

I have looked quickly in maybe buying in the maritimes, but the distance will always be a stressful point. I am therefore considering Vancouver Island. 

My main difficulties I believe is #1 build my team and #2 have the correct knowledge about rental market to make sure numbers line up. With current rate, how do one plan for rental if rates keep going up ? 

Any contact , recommendation is welcome. I have been studying and reading all what I can find but at some point I need a professional connection to get stated . 

Thank you