Why do you mainly invest in Edmonton?
It starts with Alberta and the favourable tenancy act which includes fast evictions, no rental raise restrictions and you aren’t mandated to rent to pets. No land transfer tax and no pst on property services is also huge. Edmonton specifically (despite what the news tells you) has a favourable rental market with in-migration and steady or growing GDP. Also, TILT, our property management company is located in Edmonton. All property management companies are not equal. This became VERY apparent during the pandemic. While most property management companies were seeing upwards of 30 – 40% delinquencies in rent payments, TILT saw only 2 people out of 500 not pay rent. Management matters.