All Forum Posts by: Yi Hao Liao

Looking at a property in Langford BC, 1 Bed, 1 Bath condo presale going for 274,900. It will be rented out by their property management. The estimated rent will go for 1300, with condo fee $190.

I don't think this property will cash flow, however I think the appreciation is very likely, because Langford is named the fastest growing city in Canada, or BC.....

I'm not sure I should go for it, or find a fix upper and rent it out. 

The property is called Pinnacle, 

Thank you, I will not furnish my future rentals. It seems to be the best way to go. 

I was listening to the Vancouver Real Estate Podcast episode 123 featuring Brad Lamb from Toronto, he recommends to buy pre-sale condo, and by the time you the condo is built, you will already have gained a good capital, then you can rent it out and refinance due to the value of the condo increases. 

anyone have any tips?