I've been hearing too many similar comments for the last few months that Vancouver absorbed the shock and is on track again for price increases! It's funny how they don't tell the whole story and those who have vested interest keep telling the public that Vancouver is going nowhere but up! I'm...

Time to go to Toronto then.

Hello folks. I have been wondering about the benchmark and average price measures and just curious how they relate to each other. For example, I checked the statistics on the website of the real estate association of Calgary for the past few years and I found out when the market was hot in 2013...

I totally agree with you on that. I personally have been to Toronto over ten times and I love it. But eventually it will follow the cycle like every other city and it did in the past. I'm not saying there's gonna be a crash but there will be a peak for sure and then it will slow down then boom...

Will continue to climb? For how long and how much until they top out?

So for those claiming the cash flow is there I have a few questions: 1- Do you take into account evictions that might happen down the road with lawyers fees and several months of rent lost every time there is an eviction ? 2- Do you think about the property damage that might result from bad...

The article says the tax will be imposed on the golden horseshoe and as far as Waterloo, Barrie and all the way through to the US border.

My thoughts are I'm heading to Calgary right now. I have to act fast and buy a couple properties in Calgary before the foreign and local speculators move to Calgary.

That would be a huge repair and fix up bill so I guess if one doesn't have more than enough cash it could be pretty risky. But I was wondering if a really good inspector was involved wouldn't this minimize the risks substantially?

That makes perfect sense.

Let's say all the bad things in your post happen but you have cash back up so as an example for a 1.5 million small apartment building how much cash minimum you would need to be able to overcome all the bad stuff in your opinion? $50k, $100k, $200k, $500k? How much?

There's no cash flow in Canada anymore. Properties are over inflated in price in most major Canadian cities with some cities being over inflated by as much as 200 to 300% and even more like Toronto and Vancouver. Whatever you do there are two main things you have to take into consideration. You...

My advice to you is go buy a suited house in Hamilton, Kitchener area, Barrie or Guelph and expect to wait for 15 to 20 years for some nice price appreciation and this shouldn't be a problem for you because you're still young and can wait. If you're thinking about the current bubble that's...

Don't bother, that was something from the past I mean the past decades when buyers used to cash flow and also pay off mortgages way faster. Nowadays, with hyperinflation in house prices and massive consumer debts and for those entering the market in our present time there's no 10% gross yields...

So do you recommend I buy a house in Toronto area? And if yes how much appreciation do you expect in the next few years? I'm wondering because if prices keep going up 33% y/y, in a couple years I'll end up with around 100% up which is very tempting. What do you think?

I just went through "the secrets of real estate cycles in Canada" book and in my opinion it's a must for every real estate investor. However I can't seem to be able to analyze what stage of the cycle most major cities and towns are at and where they will be in say 10 to 15 years. So if anyone of...

Good morning. As I have been doing extensive research on real estate numbers I find most investors would be interested in cash flow for reasons such as they need to be able to sleep at night if the economy slows down and possibly lose a job or whatever where they wouldn't be able to sustain an...

The thing is no matter where I live and even if I lived next door to my rental property I will still hand it over to property management to be taken care of I mean 100% of the time and for 100% of the tasks related which means it can be anywhere in Canada since I won't be involved in the day to...

Yes I like this idea. Also the idea of smaller towns. A good way to get a balance.

Thanks guys for the invaluable information.