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All Forum Posts by: Steve De Jaham

Steve De Jaham has started 0 posts and replied 3 times.

Post: Investing out of Ontario Canada?

Steve De Jaham
Posted
  • Rental Property Investor
  • Lethbridge, Alberta
  • Posts 4
  • Votes 3

@Varun Batra Yeah forsure private message me your cell

Post: Investing out of Ontario Canada?

Steve De Jaham
Posted
  • Rental Property Investor
  • Lethbridge, Alberta
  • Posts 4
  • Votes 3

@Nigel Liao I currently only invest and live in Lethbridge and like Theresa, I have seen very little appreciation in the Alberta market over the last 8 years. Also as far as Lethbridge goes rents have been very stagnant for a long time as there a lot of people here with just one rental or they are renting single rooms in they're personal property causing the market to be super competitive. That being said I have noticed a small increase in SF rents this summer but definitely not enough to make it worth while for someone out of the area to start investing here. From talking with other investors in Alberta it seems as though Edmonton is the most progressive as far as letting investors put a suited house on a single lot with an ADU over the garage; they are also approving suited townhouses in groups of 3 but with the builders increasing they're build costs this year they are no longer cashflowing enough to make it worth while. I've herd from other podcasts and the little bit that I personally researched about Calgary's market is that they are not letting any ADU's or suited houses in new construction areas or mature neighborhoods. If you'd like more insite into the Alberta or SE BC market feel free to reach out, it would also be nice to talk to you about the southern Ontario market as I grew up there.

Post: Potential park evaluation

Steve De Jaham
Posted
  • Rental Property Investor
  • Lethbridge, Alberta
  • Posts 4
  • Votes 3

Hey Stephen, just wondering if you were able to pull the trigger on this deal and if you would be willing to share details? How much, where it was and if the deal was unsuccessful what made that happen?  Feel free to private message me.