Hi, I am looking at a 8 plex in Edmonton, near college etc.. What kind of cash on cash returns have you aimed for with success in this type of town? As well as ROE? What are the lowest returns on multifamily you would accept?
How do you increase deal flow? Need to increase the amount of deals that are analyzed.. I am near Edmonton.. Looking for apartment buildings, value add, type of deals..
Myron Bas
Looking at small town 4 plex.. They are willing to sell for $515k.. 3/4 full.. They don't seem to want to show me 2016 financials though lol.. I believe it is not legal 4 plex.. Would you do an inspection on it for sure? I know the building decently.. Plus side is its in my main area of...
So the six plex is in a northern Alberta small oil town.. The town has horrendous vacancies, a building with $1650+/m rent are probably 90% vacant..
Building with $950/m rent is around 50% occupied.. That's where I come in, 6 Plex is foreclosed and appraised at $270k, I've put it under contract...