All Topics / Overseas Deals / Oh Canada!

Viewing 14 posts - 1 through 14 (of 14 total)
  • Profile photo of thefonz22thefonz22
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    @thefonz22
    Join Date: 2012
    Post Count: 3
    October 10, 2012 - 3:48 pm

    Mortgage rates are 3%, all time low. anyone invested in Canada?

    Profile photo of FreckleFreckle
    Blocked
    @freckle
    Join Date: 2012
    Post Count: 1,680
    October 11, 2012 - 8:52 am

    Canadians are the single biggest investment group in the US market. What does that tell you?

    Profile photo of Scott No MatesScott No Mates
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    @scott-no-mates
    Join Date: 2005
    Post Count: 3,856
    October 17, 2012 - 11:26 am

    Is there any decent property going for sale in Whistler BC? One of my contacts bought a skifield property years ago for next to nix and it wasn't distressed at the time.

    Profile photo of Richard TaylorRichard Taylor
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    @qlds007
    Join Date: 2003
    Post Count: 12,024
    October 26, 2012 - 9:01 am

    Spent a month in Canada in June / July and absolutely loved it.

    Some lovely properties in Whistler and with Mountain biking as popular in the Summer as skiing is in the Winter you get 365 days of holiday rental.

    Fairly difficult to fund Foreign Nationals though.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of mattstamattsta
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    @mattsta
    Join Date: 2011
    Post Count: 604
    October 26, 2012 - 7:20 pm

    I honestly never though about Canada, but with such low mortgage rent I have to check it out. I guess area like Vancouver or Quebec  would be worth checking out. I will follow this thread, interested as well to hear from people who already incested in the Canadian property.

    Profile photo of FreckleFreckle
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    @freckle
    Join Date: 2012
    Post Count: 1,680
    October 27, 2012 - 6:35 am

    West coast is where the action will be. Big push to open up the western seaboard with infrastructure to export minerals and energy to China

    Profile photo of Richard TaylorRichard Taylor
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    @qlds007
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    Post Count: 12,024
    October 27, 2012 - 10:46 am

    Vancouver is ranked as the 2nd most expensive city in the wold which tells you something.

    You can buy a nice unit in the middle of downtown for $1.5M CAD.

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of FreckleFreckle
    Blocked
    @freckle
    Join Date: 2012
    Post Count: 1,680
    October 28, 2012 - 3:25 am
    Qlds007 wrote:

    You can buy a nice unit in the middle of downtown for $1.5M CAD.

    You mean 1.5M Loonies. Those Canucks are just about as bad as us Kiwis ;-)

    Profile photo of Richard TaylorRichard Taylor
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    @qlds007
    Join Date: 2003
    Post Count: 12,024
    October 28, 2012 - 6:56 am

    Yes exactly Frackle and love the Loonie story.

    Being a Pom can't comment about Kiwi's.   Although i couldn't eat a whole one……………

    Cheers

    Yours in Finance

    Richard Taylor | Australia's leading private lender

    Profile photo of mattstamattsta
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    @mattsta
    Join Date: 2011
    Post Count: 604
    November 2, 2012 - 7:51 pm

    Hi Freckle,

    Thank you for the advice. I am sure you can make plenty of money with Energy market, but I think I will stick with real estate:-) It is what I like to do:-)

    Profile photo of mattstamattsta
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    @mattsta
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    November 2, 2012 - 7:54 pm

    Thanks Qlds007. The price of the unit is not an issue. I just want my investment to be profitable. So if I invest millions of CAD I expect to get the way more cash back!

    Profile photo of Ziv Nakajima-MagenZiv Nakajima-Magen
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    @zmagen
    Join Date: 2012
    Post Count: 523
    November 2, 2012 - 10:20 pm

    Thanks Qlds007. The price of the unit is not an issue. I just want my investment to be profitable. So if I invest millions of CAD I expect to get the way more cash back!

    unfortunately, that's not always the case. Profit and cashflow don't always go hand in hand with asking price…sometimes the more profitable properties aren't the priciest ones, even the opposite.

    Ziv Nakajima-Magen | Nippon Tradings International (NTI)
    http://www.nippontradings.com
    Email Me | Phone Me

    Ziv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property

    Profile photo of mattstamattsta
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    @mattsta
    Join Date: 2011
    Post Count: 604
    November 9, 2012 - 4:32 pm

    Thanks for pointing it out Zmagen. It is something I have not thought about since all my the priciest properties always brought the best cash flow to me as well. It is something I will have to reconsider in order to continue being a successful property investor.

    Profile photo of Ziv Nakajima-MagenZiv Nakajima-Magen
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    @zmagen
    Join Date: 2012
    Post Count: 523
    November 12, 2012 - 1:20 am

    Sure you're not mixing "best cashflow" with "biggest amount"? If you're getting 100 on your 1000 investment it doesn't actually beat getting 30 on your 150 investment, etc. just appears that way… ;)

    Ziv Nakajima-Magen | Nippon Tradings International (NTI)
    http://www.nippontradings.com
    Email Me | Phone Me

    Ziv Nakajima-Magen - Partner & Executive Manager, Asia-Pacific @ NTI - Japan Real-Estate Investment Property

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