<p>Market appreciation, cap rates, quality of tenants, job growth, these are just a few of the factors that goes into determining whether or not a rental property is a good investment. Perhaps the most important measure—especially for new or smaller landlords—is cash flow. Based on the analysis from <em><a href="http://www.moneysense.ca/spend/real-estate/best-deals-in-real-estate-2016-canadas-top-cities-to-buy-in/" >2016 Best Deals in Real Estate: Where to buy now</a></em> report, that was just released, here are the six best cities to buy a rental property based on average cash flow.</p>
<p><a href="http://www.moneysense.ca/spend/real-estate/best-deals-in-real-estate-where-to-buy-in-canada-2016-overview/" rel="attachment wp-att-149710"><img class="aligncenter size-full wp-image-149710" src="http://www.moneysense.ca/wp-content/uploads/2016/03/6BestCitiestoBuy2016-1.jpg" alt="Best Deals in real estate 2016" width="2376" height="1833" srcset="http://www.moneysense.ca/wp-content/uploads/2016/03/6BestCitiestoBuy2016-1-300x231.jpg 300w, http://www.moneysense.ca/wp-content/uploads/2016/03/6BestCitiestoBuy2016-1-768x592.jpg 768w, http://www.moneysense.ca/wp-content/uploads/2016/03/6BestCitiestoBuy2016-1-1024x790.jpg 1024w, http://www.moneysense.ca/wp-content/uploads/2016/03/6BestCitiestoBuy2016-1-660x509.jpg 660w, http://www.moneysense.ca/wp-content/uploads/2016/03/6BestCitiestoBuy2016-1.jpg 2376w" sizes="(max-width: 2376px) 100vw, 2376px" /></a></p>
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<p>Of course, it&#8217;s always best to do your own research. For instance, do you want more information on <a href="http://www.moneysense.ca/spend/real-estate/renting/is-a-rental-property-a-good-investment/" >whether or not a rental property is a good idea</a>? What about information on whether or not a <a href="http://www.moneysense.ca/spend/real-estate/how-to-finance-a-rental-property/" >TFSA can be used to purchase a rental property</a>? You may also want to educate yourself on <a href="http://www.moneysense.ca/spend/real-estate/mortgages/how-lenders-calculate-mortgage-debt-ratios-on-rental-properties/" >how banks calculate debt ratios</a> and how rental income is factored into these calculations. If you&#8217;re in the market to buy an investment property, you should also learn <a href="http://www.moneysense.ca/spend/real-estate/selling/the-right-time-to-sell-a-rental-property/" >when to sell that property</a> you may also need to ask yourself some hard questions, like <a href="http://www.moneysense.ca/spend/real-estate/are-you-really-cut-out-to-be-a-landlord/" >are you really ready to be a landlord?</a></p>
<p><a style="display: block; font-family: sans-serif; text-align: center; background: #425f9c; text-decoration: none; color: #fff; font-weight: bold; padding: 1em; border-radius: 6px;" href="https://www.facebook.com/RKHomeOwner" >Read more from Romana King at Home Owner on Facebook »</a></p>
<p>The post <a rel="nofollow" href="http://www.moneysense.ca/spend/real-estate/income-properties/the-6-best-cities-to-buy-a-rental-property/">The 6 best cities to buy a rental property</a> appeared first on <a rel="nofollow" href="http://www.moneysense.ca/">MoneySense</a>.</p>
