I appreciate all of your points and time! We're actively searching for a mentor for the first few deals so we can avoid making those mistakes. We're located in the GTA, and while the appreciation has been great for us for our residential properties, rent control and really compressed cap rates...
Thanks for all of your comments. I'm learning about the Edmonton market and really appreciate it.
Thomas - which other areas would you concentrate on? Oliver seems to be the go-to from speaking with others.
The numbers below are based on...
- Bringing the average rent up to avg $900/unit...
Hi Everyone,
I'm curious to see what some of the Western investors think about this one...This would be my first purchase outside of Ontario, so I'm all ears to any advice. Much appreciated.
20 unit building in Edmonton's Queen Mary neighbourhood. Suites are in decent shape. Good suite mix: 9...
Can anyone give some feedback on the multifamily home study course offered by REIN? Is it a basic "this is what ROI means," "this is a cap rate," etc. or is there some good mid-level information on larger acquisitions over 50 units for someone looking to up their game?