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All Forum Posts by: Davis Flanagan

Davis Flanagan has started 0 posts and replied 9 times.

I live in one of the least expensive cities in Canada where the average home price sold last month was $182,000. You could buy a nicely renovated bungalow for $200,000 on a good size property in the city

Hi Mark. You should contact Sean Power. He is a very knowledgeable realtor

Awesome story. I am currently doing my first house hack and living for free. It's such a great feeling!
Awesome job. Keep up the great work

Post: My BP PRO anniversary....

Davis FlanaganPosted
  • Moncton, NB
  • Posts 9
  • Votes 3
Awesome story. This is very motivating
I was on Reddit looking up real estate investing the first time I heard of biggerpockets

Post: First Rental Property!

Davis FlanaganPosted
  • Moncton, NB
  • Posts 9
  • Votes 3

@Drew Bonner Congrats on the success!. I am from a small Canadian city, but a lot of my friends from my church went to Liberty University and I have heard nothing but great things about Lynchburg. I hope you continue to have great success!

Post: Investing in moncton from quebec city

Davis FlanaganPosted
  • Moncton, NB
  • Posts 9
  • Votes 3

I used a realtor, but I believe he does mostly single family homes. As for property managers, I used to do landscaping work for Ground Floor PM and AI Enterprises. I do not know the rates they charge, but you could start there. I do plan on buying here again in the future and it will most likely be a 4+ unit building.

Post: Investing in moncton from quebec city

Davis FlanaganPosted
  • Moncton, NB
  • Posts 9
  • Votes 3

Hi Philippe

I am a newbie investor but I have lived in Moncton my whole life. I am currently house hacking. If I were you I would look at a 4+ unit building. There are some decent ones around $200k. You can get nicer ones around $300k. With such high taxes the 1% rule is not good enough here. But there are deals out there where you can get 1.5% rent of the total purchase price. Insurance on my single family home is $1440 on a 150k assessment. Water on single family homes is about $90 per month. Not sure about Duplexes and up. I don't know if I was able to answer all of your questions but I hope I helped a bit