Is Calgary ripe for investment?

[housingrental]

I`ll offer a vintage Hyundai Pony up for your M3?
QUOTE (RedlineBrett @ Aug 12 2010, 03:47 PM) I`m happy to do that... Care to make it interesting?

 

[housingrental]

Thomas - What were buildings selling at in early 2000`s in Calgary? In the 6% range? Would this have been one of the lowest return markets in Canada at the time or were you not following this back that long ago?

 

[Thomas Beyer]

QUOTE (housingrental @ Aug 13 2010, 08:47 AM) Thomas - What were buildings selling at in early 2000`s in Calgary? In the 6% range? Would this have been one of the lowest return markets in Canada at the time or were you not following this back that long ago?
high 30`s to mid 40`s/door .. up to mid 60`s in primo locations in EDMONTON .. about 7-8% CAP rates

prices 10 years later 100 to 125% higher .. in bad or good areas .

Calgary 30% higher .. about 6.5% CAP rates

 

[housingrental]

Thank you for the info Thomas