As a Realtor, working in the area and having ‘inside’ knowledge of the Metro Vancouver & Fraser Valley Real Estate markets, it would be a fairly easy assumption that I would choose to invest locally in a market I know well. For the most part you can’t find a lot of properties that ‘Cash Flow’. As the media has well reported, prices in our area are high compared to the rest of Canada. Saying that, there are still a lot of Cash Flow properties to invest in, you just may need to look at little harder and do a little more homework… and have a Realtor that is able to help you find it.
I’ve had the pleasure of meeting and collaborating with some great people that are creating great opportunities for real estate investors.
If you have the appetite to find something with potentially more upside, there is a opportunity in our own backyard. Northeast BC is on the verge of perhaps the biggest economic boom in BC’s history. The number’s and stats justifying what could occur fairly shortly are impressive to say the least. The Government of BC has taken a big role in ensuring Northeast BC is the supplier of choice for many countries in Asia when it comes to LNG, Liquefied Natural Gas. BC Hydro’s Site C Dam has progressed to the point where it is almost a certainty to start construction in the short term. Once you are presented with all the projects and facts around Northeast BC, in particular Fort St. John and Dawson Creek, you will see the potential of the region and the opportunity that is waiting. We are not talking about millions of dollars of investment in the area but multi billion, from the Government and private companies. I’ll personally be going to both Fort St John and Dawson Creek to experience all the projects first hand in June.
If you are interested in finding out more information feel free to contact me.