Looking to partner up with someone

[Steven Lalonde]

Hey everyone!

I am actively looking for my second rental property, however, my area has been crazy lately. Properties come on the market and are snapped up pretty quick. In my opinion, prices seem too high and it has been challenging to find a good cash flowing property, thus my offers are lower then most. I am looking in the West Kootenay region of British Columbia but have expanded my search further out. This year, I have made many offers, a few offers got accepted, but the inspections did not go well on those properties so I backed out. I have looked mostly at SFH and duplex properties and a few small apartment buildings. Trying to BRRRR, but those are far and few between in my market. Looking mostly at buy and hold. Been looking mostly on MLS, but trying to find FSBO as well. Attempted to do rent to own, but no luck with that yet either.

I am days away from completing a refinance on my first rental property so am ready to jump into another property very soon. I am thinking about getting into a market that is away from where I live, however, it scares me a bit.

Is there anyone that would be interested in partnering on a deal, either in my market or elsewhere? I am open to any type of partnership as long as it works for the both of us.

Looking forward to seeing where this goes. Talk soon,

Steve