Investing in Saint John

[Norm Gilley]

I am new to investing in multi-family real estate and have been looking in NB specifically Stain John. The prices in Indiantown and West Saint John are very attractive for multi family even if the buildings are in need of some TLC, does anyone know why this is? 

I am looking at implementing a buy and hold for cash flow strategy and I have been told that the BRRRR method will not work in these areas is that true?

Does anyone have experience investing in these areas successfully, if so what strategy did you use? Do you have any pointers that could help me our or steer my away from making a mistake. I would like to hire a property management company can anyone provide a reference to an appropriate company that works in these areas?

Any advice is appreciated, thank you in advance.

[Brendan McClure]

@Michael D'Entremont

Hey Michael, I currently am living in Saint John. Moved here back in February of this year pursuing multi family deals. My business partner and I have accumulated 120+ doors in just under a year.

I use CHFR (Canada homes for rent) for my property management. Jeff Murray is the owner and he is fantastic. I am also a licensed realtor in the area if you need any assistance