U.S. Residents Investigating In Canadian Real Estate

by Patrick
(Metro detroit michigan)

I'm a real estate broker in Michigan living in metro Detroit. I would like advice on buying Canadian rental properties both for myself to buy and my client investors. Personally I want something near Sarnia. But for my clients they just want good rental investment within 1/2 hour of the US/Canada bridges.

Any guides you have or advice? We may have to live in these rentals if we don't get our debt under control here! ;)

Patrick

Comments for U.S. Residents Investigating In Canadian Real Estate

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Jan 29, 2013
 RE: U.S. Residents Investing In Canadian Real Estate
by: Tom Karadza

Hmmm... thanks for the question,

What type of advice are you looking for!

We agree you guys have a little debt problem over there :-) We're not that much better though!

I would advise London, Ontario instead of Sarnia because of the larger population size gives you a bigger base of tenants as well as a more diverse employment base.

Was there a particular reason for Sarnia other than proximity to the border?

Also, are you looking for cash flow or simply a property to buy and sit on for a while?

Tom.

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