Multi-family investing in smaller centres
Residential rentals are often a gateway for novice real estate investors - and, for many it becomes a lifetime opportunity. The right property will provide long-term positive cash flow and, often, an exit strategy smoothed by a substantial increase in equity.
In Western Canada the opportunities for individual investors have seldom been better than they are right now, according to those close to the ground. Rental vacancies are low in many promising small centres, the western provinces are attracting a flood of young workers and immigrants and, despite a modest increase this year, mortgage rates remain near historic lows.
Read the full article
here.