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Updated over 4 years ago,
Ottawa (ON) Evaluation - How to get 6%+ CoC ROI?
New investor here. Started 10 days ago. Pro user for 24hrs or so :)
I have analysed 10 properties in the Kanata / Ottawa area everyday since I found this website and I just CAN'T get the CoC ROI any higher than -4%. Am I doing something wrong?
Compared with the BiggerPockets videos, I noticed that the prices of homes here are a lot more expensive. I started looking for Carleton Place, Brockville, Kingston and etc but still the same.
Any suggestions (other than throwing more money on the house to lower the Mortgage Payments)? TIA.