An elementary school in downtown Kamloops has closed, but the local university will likely occupy the space.
The Kamloops based university is growing quickly, in large part due to international students.
This is yet another indication that downtown Kamloops is a great place town own rental property, and one of the reasons I am now focused on the downtown core.
There are still plenty of cheap houses that can be converted into high cashflow properties, like this one(purchase for $20K less, rent basement for $200 more, rent upstairs for $1300, rent shop for $200 and you are easily making 20%/yr).
I intend to buy more!
Until next time,