Building on this, there appears to be a good opportunity in duplexes in the 250 range or single family homes that could be converted for ~20k. Many of these in the transitional neighbourhoods sit on lots big enough to be sub divided and sold/ built and sold which is happening at this very time.
Indeed I would like to start as a triplex or fourplex.. but I appreciate the break down anyways!
Triplexes at first glance starting in the high twos.
Fourplexes mid three hundreds to mid four hundreds in varying conditions. I might do some practice due diligence on some properties in the...
Hi Gary,
Thanks for that input.
There is certainly a hype about Nanaimo:
-Airport expansion announced
- 2 new luxury hotels downtown coming closer to fruition. One has a 6 month deadline to break ground.
- Helijet expanding service to vancouver
- New major city hall shakeup in recent election...
Hello, my name is Evan and I am new to the network. I am 28 years old and I know I want to play the long game and build a healthy real estate portfolio.
Allow me to introduce my scenario:
In 2013 I moved from Toronto to Nanaimo on Vancouver Island. I must say this small city has a lot going...