Brandfort Rental
- Thread starter oligu
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No
But having dealt with many investors that do:
Vacancies
Tenancy issues
I`ve not seen any residential purchases in the last few years that are above 6% cap rate when forecasting accurate expenses. Larger nearby centers can allow for this - only bother if you want to bet on the future of Brantford as the present isn`t too appealing!
But having dealt with many investors that do:
Vacancies
Tenancy issues
I`ve not seen any residential purchases in the last few years that are above 6% cap rate when forecasting accurate expenses. Larger nearby centers can allow for this - only bother if you want to bet on the future of Brantford as the present isn`t too appealing!
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- Oct 11, 2007
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We are based in Brantford. It has it`s challenges. If you need more info feel free to email me, you can get my e-mail off our website.
John
John
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QUOTE (Ready4Rent @ Aug 6 2010, 05:55 AM)
We are based in Brantford. It has it's challenges. If you need more info feel free to email me, you can get my e-mail off our website.
John
Hi John, interesting. can you share some of them here with potential investors. TX.
We are based in Brantford. It has it's challenges. If you need more info feel free to email me, you can get my e-mail off our website.
John
Hi John, interesting. can you share some of them here with potential investors. TX.
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QUOTE (oligu @ Aug 9 2010, 02:16 PM)
This one sounds like a very good one. Is it too good to be true? What do you think?
It is so cheap compared to houses in GTA and the cashflow is good.
How did you determine that the cash flow is good? I couldn't find any financials on that link you provided. Do you have another? Thanks!
This one sounds like a very good one. Is it too good to be true? What do you think?
It is so cheap compared to houses in GTA and the cashflow is good.
How did you determine that the cash flow is good? I couldn't find any financials on that link you provided. Do you have another? Thanks!
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- Aug 22, 2007
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Just because it`s "cheap" doesn`t mean you should buy it! This looks like a pretty nice place, at very first glance, but what is the tenant profile for the area....could have all those nice reno`s trashed before you know it IF you rent to the wrong folk - yes, could happen anywhere, but just something to consider. Don`t buy a property b/c it`s pretty OR b/c it`s cheaper than where you live, make sure the numbers work and make sure you talk to some investors and/or PM`s from the area so you know what you`re getting into.
Spoke with a member not too long ago with a triplex in Brantford which does really well, but he`s also pretty hands on with management.
Spoke with a member not too long ago with a triplex in Brantford which does really well, but he`s also pretty hands on with management.
- Joined
- Oct 10, 2007
- Messages
- 4,730
How do you make money with this property... ?
Please provide details on costs / rent... seems like a pass...
Please provide details on costs / rent... seems like a pass...