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Updated about 5 years ago,

User Stats

20
Posts
5
Votes
Eddy Tejano
  • Rental Property Investor
  • North Vancouver
5
Votes |
20
Posts

Steps to take for out of province rental property

Eddy Tejano
  • Rental Property Investor
  • North Vancouver
Posted

Hello fellow Canadians, I would like to ask for guidance for my first out of province investment. I found a fixer-upper property that it use to be a home daycare in Moncton, NB. Is there any regulation that I should know before converting a home daycare to a rental property?

I have limited budget and flying back and forth is very expensive. What is the best way to handle this, I would like to use the BRRRR strategy but have not found my agent and contractor yet. I'm stuck and I don't know my next step...

Just a couple photos of the outside building so I don't know the interior condition of the property.

Thanks in advance!