Winnipeg Rental Properties

[Jeff Stott]

Good morning all,

I'm looking into buying an investment property in the Winnipeg area. I'd like to buy either a single family or a duplex. I live in Ontario and currently own a bungalow but I'd like to diversify out of the Ontario market. I was thinking about flying out later in the month to do some scouting.

I've got a few questions about the Winnipeg area and market.

- could someone reccomend a realtor? I'd like someone investment minded that has rental properties of their own.

- as a long distance investor, I'll need a property manager. Does anyone know of a good one in town?

- I've been browsing the MLS and see quite a few properties in the 150-175k range. Would these be in bad neighborhoods or can you get somewhere decent for this price range?

- rents seem to vary from 1200-1500 for a 3 bedroom house. Is this accurate?

Thanks!

[Jeff Stott]

I've been looking in all areas. 

However I've been told to avoid:

Central

Polo Park

Elmwood

North End

East Kildonan

As well as the area highlighted in the image below. Credit to a fellow member for sending that to me.

Are there any other area's I should avoid? What are peoples experiences with owning rental properties in class C neighbourhoods?

Have a good one!