Have seen posts in other forums regarding Fort St. John and investors having difficulty finding renters. Bought property 6 months ago and no luck renting with property managers so have been holding and covering expenses. Do your due diligence and make sure you can get renters.
There are other options to get into real estate investing more passively. Look into Epic Alliance Inc. in Saskatoon, Sask. They have a program called Hassle Free Landlord Program (HFLP). They have properties available to own that are already rented. They take care of absolutely everything...
I have a situation where the prospective tenant family has only been in Canada for 6 years. He has had the same employer for the full 6 years and has a rental from the employer that takes rent off his cheque, also for the 6 years. He fears if he gives notice too soon, the employer has a history...