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Updated almost 4 years ago,
Investment Property in Penticton
Hi everyone, I thought it would be a good idea to buy an investment property with two other partners... It’s not. The place is a solid investment but one of the patenters went crazy and is being an unimaginable pain. The place is a duplex that has great cash flow and a cap rate of over 10% but it is a hassle to sell because of the partnership and I can’t work with him anymore. We are going to try and force a sale at under market value does anyone have any advice as far as options to sell directly to investors? If anyone has an idea please let me know.