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Northeast BC good opportunity?

ronmck

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Jan 25, 2011
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What do the veterans think about investing in Northeast bc right now with the recent news of the LNG project to move forward?
 

Thomas Beyer

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It’s a good market but don’t overpay as many assets now command a premium price. NE BC has many cities, which one specifically ?


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Rob Clarke

Northern BC Investor
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Oct 25, 2015
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I lived in Dawson Creek from 2009 - 2016 and currently have 6 units there. Buying in the right area and buying the right type of property is key. Feel free to reach out with any specific questions and I would be happy to help.


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ronmck

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i was thinking about fort st john and dawson creek but i am worried that there is still worries about the steel tariffs and if the project will actually start. I worry about the politics behind this kind of project as it is known to stop them right in there tracks and that would affect any housing demand there.

REIN actually did a report on Fort st John in 2014 and it seems alot of what was said has not come to fruition yet.
 

Thomas Beyer

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Smaller towns have far more risk. Price asset accordingly. Local knowledge critical as is a good PM.


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ronmck

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Smaller towns have far more risk. Price asset accordingly. Local knowledge critical as is a good PM.


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Hi Thomas

what do you think about all the new builds in fort st john from developers like western Canadian properties they are new but i find expensive for that area and they seem to have a good setup as to management and rental knowledge?
 

ronmck

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Registered
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Jan 25, 2011
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I lived in Dawson Creek from 2009 - 2016 and currently have 6 units there. Buying in the right area and buying the right type of property is key. Feel free to reach out with any specific questions and I would be happy to help.


Sent from my iPhone using myREINspace
Hi Rob

what do you think about all the new builds in fort st john from developers like western Canadian properties they are new but i find expensive for that area and they seem to have a good setup as to management and rental knowledge?
 

Thomas Beyer

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REIN Member
Joined
Aug 30, 2007
Messages
13,881
I lived in Dawson Creek from 2009 - 2016 and currently have 6 units there. Buying in the right area and buying the right type of property is key. Feel free to reach out with any specific questions and I would be happy to help.


Sent from my iPhone using myREINspace
Hi Rob

what do you think about all the new builds in fort st john from developers like western Canadian properties they are new but i find expensive for that area and they seem to have a good setup as to management and rental knowledge?

A decent hassle fee buy.


Thomas Beyer, Asset Manager, Investor, Community Improver, Author, Father, Mentor www.prestprop.com
 

Rob Clarke

Northern BC Investor
Registered
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Oct 25, 2015
Messages
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I lived in Dawson Creek from 2009 - 2016 and currently have 6 units there. Buying in the right area and buying the right type of property is key. Feel free to reach out with any specific questions and I would be happy to help.


Sent from my iPhone using myREINspace
Hi Rob

what do you think about all the new builds in fort st john from developers like western Canadian properties they are new but i find expensive for that area and they seem to have a good setup as to management and rental knowledge?

I’ll send you a direct message with some info.


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Joan12319

New Forum Member
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Aug 21, 2017
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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.
 
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