But conservative underwriting in today's economic climate should not be penciling IRR's that high. 

The city has so many factors pointing to economic growth and you can still buy real estate that cash-flows. 

I believe their real estate holdings was based on economic value.

Thank you again,James  Alberta city's have seen a lot of money move their recently as a lot of people see Alberta's economic policy's as being favorable over the next few years.

Figure a few grand to paint rooms, replace carpet in a room, deep clean and spruce the property, replace a fixture or two, etc.If you have to replace your resident annually the $9600 total income will get a gut punch.The true value of the higher-end neighborhoods is residents know if they move out of the home they have it's a challenge to find another, especially if they have been there a few years and have a competitively rewarding rent rate.All this really is is basic economics...sell ten custom widgets for $1000 or 100 standard widgets for $100 each.

Here are a few reasons I want to move into this industry: I love property (and would love to own it around the world), I enjoy spending time with family and traveling, I want a more flexible life down the line so I can spend more time doing the things which are important to me.I am looking for someone in the UK or European market and would like to have a stimulating conversation with you to learn more, and I would love to offer my time and energy to help you towards your business.

After spending much time & energy becoming more financially literate and learning the basics of REI, we are interested in pursuing our 1st rental property deal in the DFW market!

I continue to work for living, but I have to be his full time caretaker , which requires a lot of energy but not only time. makiko Goto-Widerman

Research the economic conditions, local job market, and future area developments to ensure strong rental demand and potential property value appreciation.

Economic Growth, proximity to Northern Va and DC, Rents vs property values, among many others.