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fulham · 06-23-2019, 05:57 PM

I grew up in the industry you're entering, and have an inherited ownership stake in the multi res industry.

The Alberta Residential Landlord Association has lunches and many events in Edmonton & Calgary. That anyone can go to. Id recommend you email them, and attend. Ask questions and befriend some owners as the group is diverse from single building owners, to large nationwide companies. Everyone is generally pretty friendly, and would love to candidly answer some questions over a beer.

From my experience its hard to make good money renting apartments(If entering the market in 2019) You make money on the real estate. Cap rates are sub 0.3% in places like Vancouver and Toronto. Alberta is a way softer market, but rent reflects that as well.

06-23-2019, 05:57 PM	#26
fulham Backup Goalie Join Date: Oct 2014 Location: Victoria Exp:	I grew up in the industry you're entering, and have an inherited ownership stake in the multi res industry. The Alberta Residential Landlord Association has lunches and many events in Edmonton & Calgary. That anyone can go to. Id recommend you email them, and attend. Ask questions and befriend some owners as the group is diverse from single building owners, to large nationwide companies. Everyone is generally pretty friendly, and would love to candidly answer some questions over a beer. From my experience its hard to make good money renting apartments(If entering the market in 2019) You make money on the real estate. Cap rates are sub 0.3% in places like Vancouver and Toronto. Alberta is a way softer market, but rent reflects that as well. Last edited by fulham; 06-23-2019 at 06:04 PM.