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Updated about 4 years ago on . Most recent reply

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Randall Priebe
  • winnipeg
0
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18
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Calling all people from Winnipeg. Quick question!

Randall Priebe
  • winnipeg
Posted

Hey everyone from Winnipeg.

My question is would you buy in the “bad part” of town. From what I see basically anything listed in the 4a,b,c,d zone.

Prices are so cheap and rent still looks good. Why are people not buying these up?

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Garret Wong
  • Property Manager
  • Winnipeg Manitoba, Canada
2
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5
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Garret Wong
  • Property Manager
  • Winnipeg Manitoba, Canada
Replied

Screening is definitely a must! But we manage tons in the North End with much success. I think it starts with offering a decent product (basic carpet and paint) and being patient to find a good family situation.

And yes, be ready to deal with some wild situations. We evicted one guy and he has broken back into the property about 12 times so far. We've had our contractor at some houses boarding up the windows and there are people taking off the boards as quickly as his crew can put them up!

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