If things turn around in Calgary and things start going up again, I would consider picking up a flip or two and catching the rising tide, but it wouldn't be anything long term, just to add some cash in my pocket.

But in a rising interest rate environment, the benefits are obvious.

Greetings,We have an investor interested in the following property, do you think he should buy:30 units 2/1 with washer dryersAverage rent 1225$Cost is 115k per unit950 sq ftBuyer will be getting 30 year financingClass c/c +Built in 1970West Palm beach low rise apartment not in war zoneWhat is your feeling of rents going up or down in this area?

Snapped it up the same day it was posted.Property values were on the rise this year so was worth about 300K in the summer but now worth about 270 to 280K as the markets are cooled due to stress tests and rising interest rates.It's renting for $1400/mo which makes it cashflow positive for $120/mo after all expenses and assuming 5% vacancy and 20% downpayment

I think i would be letting buyers know that even if they wait 6 months, the increase of credit score inst going to change their payment much as I am assuming rates will rise in the interim. 

It also might be that rising interest rates are slowing down the market as it seems to be here.That said, 50+ days on market might not be unusual in a market where similar homes sell after 75 days.Find yourself a good buyer's agent and they can help you to figure it out.PS - the home sold in March, 2016. 

With interest rates only rising in the future, it may be a good idea to buy your future home and your future rental home now, especially if the resale market is still active for homes at your price point.If you have more than ten years to retirement, and no plans to move or sell your current residence in the near future, then I suggest you pay off any home equity loan on your primary residence and then pay down your primary mortgage to the point where your home mortgage interest and home equity loan interest deductions are not affected by the new Tax Cuts and Jobs Act limitations for 2018-2025.   

Otherwise, your blood pressure might rise to a smoldering boil. 

The current 30-year rate is about 4.5%.Remember that we have had about a 5-6% average per year rise in home prices for the past 6 years in Utah from when we bottomed out in July of 2012. 

I'm down there at least twice a year for family (just got back today) and can see the rise of new development in the area.I have some cash but I really want to focus on using the BRRR method to buy & hold SFR (prefer multi-family) with using as little cash as possible.Any suggestions on putting together a team:- Investor friendly RAs- Wholesalers in the area to provide leads.- Look at properties and provide rehab quotes