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Old 01-11-2008, 04:31 PM   #27
KTown
Powerplay Quarterback
 
Join Date: Oct 2006
Location: N/A
Exp:
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I own 3 residential properties I bought in Regina this past Spring.

I always wanted to get into this business and Regina was the only area that was feasable for myself. I had to take out a homeowners line of credit on my current property for those houses. I'm paying interest on that monthly but that being said the gain I gained on the value of the properties is astounishing. Also, the fact that my rent covers my property managers/insurance as well is good.

I tend to use this website to monitor housing trends. There is also some good articles there on predictions for next year and apparrentlt Regina still looks good!

http://www.crea.ca/public/news_stats/statistics.htm#

Below shows some predictions for next year.

http://www.crea.ca/public/news_stats...ast_fall07.pdf
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