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Updated over 6 years ago on . Most recent reply
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New Ontario investor reaching out
Hello all, I've probably read 1000 pages and listened to 150 podcasts on here.
I usually just read but I feel it's time for me to reach out, I currently run an Amazon business full time and while it is successful it still feels like a glorified high paying job. I am hoping to eventually turn this active income into more passive income or at least diversify a bit.
I'm currently in Barrie and looking at areas north and far east of me, being new I still have lots of questions but two have been bugging me the most and I would appreciate any input greatly.
For multi family in Canada is their a house age range you would not touch or has a lot of headaches? I notice some listings that seem like perfect deals and are over the 1% rule even on the MLS but are a bit older properties 1900-1930.
Structurally which multi family would stand up the test of time the best with the least issues, brick, wood, concrete etc. ?
I'm also interested in any local RE meetups, thanks in advance.