Nice properties in nice areas with good cash flow were getting harder and harder to find in my home town of Ottawa. Frustrated with the lack of inventory, I decided to look deeper into my native province, Saskatchewan, thousands of kilometers away.
At the time, a particular small town in Saskatchewan was hopping with work and had the highest average rent in the province. That really got my attention.
I realized years later that booming small towns can be a good place for investment, but you really need to know your market and what you are getting into.
To read the rest of my guest article for Revnyou.com, click here