Recent content by Martyn

Tomas, Yes I have got 2 lots down there building a retirement house, and one jungle cottages, so i have gone through most process. I am starting on my 3rd lot to build a vacation rental unit. The level of gangs is around Canada level, or corruption is approx the usa's. Interest rates are...

I've been in apartments since i was 18, when i bought a duplex and a 4 plex. Then it was easy to get a building for 15 % cap rate this would give large positive cash flows even at 7%. In canada now cap rates are anywhere from 3% to 7%. depending on the city. This is normal negative cash flow...