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Updated over 5 years ago on . Most recent reply

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Chase Fibke
  • Rental Property Investor
  • Edmonton, AB
1
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New Brunswick investing

Chase Fibke
  • Rental Property Investor
  • Edmonton, AB
Posted

Looking for referrals to investor friendly mortgage agents, realtors and property managers in the area of saint johns New Brunswick? Also looking for current investors there as I am looking to jump into the multi family investing there and just had a few questions on how a few things work there.

Thanks

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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
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Roy N.
  • Rental Property Investor
  • Fredericton, New Brunswick
ModeratorReplied

@Chase Fibke

A small geographical note which will help you get-on in the Port City whose name is Saint John.  St John's is the capital of NFLD 1000 miles away.

While there is still opportunity in Saint John, prices have risen substantially in the last 12-18 months.  Do you know in which part(s) of the City you are looking to invest?   What type of Clientele do you desire or are ready to accept?   Are you comfortable with an unloved or vacant property or are you looking for something turn-key?

I would also strongly encourage working with local boots on the ground, until you have a solid understanding of the City.  Some parts of the City are best avoided; in others the desirability of a neighbourhood can change from block-to-block.

  • Roy N.
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