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  1. Luke13735

    How many markets should you be in as a rookie?

    Hey Cory, Thanks for your input. I agree that there are always cyclical aspects in every market. I live 1hr from Leth and 3 hours from Cgy. I have great connections in both cities. We are now breaking down and weighing neighborhoods against each other in the two cities. Cheers
  2. Luke13735

    How many markets should you be in as a rookie?

    Hey Matt, Thanks for the info! I'll check it out.
  3. Luke13735

    How many markets should you be in as a rookie?

    Mr. Beyer, In my first question I was labeling cities as "markets" I didn't give an example of a cyclical market/city. Lethbridge is what I would label as a linear market because it is not heavily reliant on the oil and gas industry. Fort Mcmurray would be in my opinion a cyclical market. I...
  4. Luke13735

    How many markets should you be in as a rookie?

    Hey Martin, Thank you for your post! Our system would be as follows: Investing in single family properties that are zoned for basement suites that have enough positive cashflow to support second mortgages. (Detached garages/Carriage homes) Thus structuring our business so that it can support...
  5. Luke13735

    How many markets should you be in as a rookie?

    I like to break down markets into three categories: Cyclical, Linear and Hybrid. As a rookie I am staying away from cyclical markets. I want to geographically specials in either Calgary or Lethbridge. (Hybrid and Linear) Buy and hold is our strategy. If a property fits our system and goals...
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