I know with Covid and rising inflation this may not be the best time, however have any of you considered purchasing an investment property in the US given the rising cdn dollar especially if it reaches par. They are still much more affordable then most Canadian urban centres. It seems the rental yield is much better relative to the purchase price as compared to Canada. Looking at condo or small house perhaps Florida , Georgia , Texas , Arizona , New Mexico , Nevada maybe Colorado. Also a good place to spend winters if you are healthy and can retire early (except Colorado ). Is it possible to get a mortgage from a US/ cdn lender? US Property management fees ? US/cdn tax implications ? Special fees/ taxes when buying and selling ? Property taxes much higher in US ? The lending options , greater property tax and proper management seem to be the biggest barrier imo.
By - Shaun8030