- Joined
- Apr 8, 2010
- Messages
- 22
So coming from a position of running a Property Management Company I can attest to the fact that the market in winnipeg is hot right now, especially for cash flow investors. Here is a recent article on just how enticing it is for out of town investors to jump in the market....
http://www.winnipegsun.com/news/winnipeg/2...3/14377311.html I will say though that through my experience, out of town investors can easily make some ill fated assumptions when the $ signs gloss their eyes over seeing our market prices.
Although Property Management Companies are busy right now in our market, finding the right one can possibly make or break your Cash Flow potential. Also many out of town investors don`t realize that Winnipeg has a history of Good/Bad areas cycling every Ten years so it is important to spend more than 10 days in our market.
In any case some food for thought for those interested in the Winnipeg Market.
Cheers
Jake
http://www.winnipegsun.com/news/winnipeg/2...3/14377311.html I will say though that through my experience, out of town investors can easily make some ill fated assumptions when the $ signs gloss their eyes over seeing our market prices.
Although Property Management Companies are busy right now in our market, finding the right one can possibly make or break your Cash Flow potential. Also many out of town investors don`t realize that Winnipeg has a history of Good/Bad areas cycling every Ten years so it is important to spend more than 10 days in our market.
In any case some food for thought for those interested in the Winnipeg Market.
Cheers
Jake