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Is This Kitchener Offering A Good Deal For 1st Time Investor?

Unfortunately, these were closed during my pre-REIN days. Good thing the interest rate was locked in at 2.99% for 4 years so I'll re-evaluate at that time to possibly sell these off.



My two recent acquisitions (post ACRE) are fortunately much better!
Hi ClintL,
I am newbie as well and recently came across this deal from a friend and wondering how did it go with your evaluation after 6+ years (I believe you bought them in 2012..)
 
Hello Mak,

I would reach out to ClintL through a conversation below his post.
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This post is old and he might not still get notifications on the post.
 
I own nearly a dozen of the Simple Investor managed condos. It depends what you are looking for. Build massive equity with no hassles such as evictions, yes. They buy in areas that are primed to go up in value. Stunning positive cash flow, not so much, but they are supposed to be a little cash flow positive. Again, what are you looking for and how much time do you have to be actively involved in doing rentals.
 
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