Anybody buy from the other side of the Country?

[Lee108]

I`ve noticed alot of investors around here are in Alberta investing in Alberta, but just wondering- Does anybody purchase and manage properties in Alberta while living in my neck of the woods Ontario?
I`m sure you would have to visit properties in person at some point, but is it a matter of flying back and forth all the time.
Just curious, because I`m happy living in Ottawa, but just don`t see as much opportunity for RE investors in this province

 

[DonCampbell]

Lots of REIN Members in Ontario, Japan, Australia and the US follow the fundamentals and invest in Alberta.

The key to making that work is surrounding yourself with a team of professionals you can trust to support your goals. Lawyer, property manager, specialist realtors and fellow investors who can give you the `read on the street`.

 

[Nicola]

My husband and I live in Seoul, Korea and invest in Alberta. You can do it, but Don`s right - you need a good team behind you. It`s also really helpful to get the Alberta REIN CDs so you can stay in touch with what`s going on in the Alberta market.

 

[GSI]

QUOTE (Lee108 @ Aug 19 2008, 05:33 PM) I`ve noticed alot of investors around here are in Alberta investing in Alberta, but just wondering- Does anybody purchase and manage properties in Alberta while living in my neck of the woods Ontario?
I`m sure you would have to visit properties in person at some point, but is it a matter of flying back and forth all the time.
Just curious, because I`m happy living in Ottawa, but just don`t see as much opportunity for RE investors in this province

Hi Lee,

Investing with a bit of distance between you and the property can be a distinct advantage. It forces you to take `emotion` out of the equation, making you and your calculations sharper to ensure that your property performs. It is essential to have a solid team on the ground as well, folks that you can trust that do the legwork necessary to ensure you`re buying the best properties.

I work with several members from Vancouver to Ontario and around the world. If you have questions about getting started send be an email.

Thanks,

 

[godlogl]

QUOTE (Lee108 @ Aug 19 2008, 06:33 PM) I`ve noticed alot of investors around here are in Alberta investing in Alberta, but just wondering- Does anybody purchase and manage properties in Alberta while living in my neck of the woods Ontario?
I`m sure you would have to visit properties in person at some point, but is it a matter of flying back and forth all the time.
Just curious, because I`m happy living in Ottawa, but just don`t see as much opportunity for RE investors in this province


The team is the Key and in particular a good property manager,, I have helped a few clients that have been living in the middle east and have done very well investing here in calgary. With a good manager you dont have to worry about your investment. There are a few good property managers in REIN here let me know if you would like there names