All Forum Posts by: Evan Kummer

Would love also some insight on Windsor, I'm an investor from Hamilton. 

good evening, i'm an investor from Hamilton looking to branch out to a multi family or SFR in Windsor, any thoughts on the market? Rent looks stable for the investment.

I work in the construction industry and my clients are building all around Niagara. I'm currently looking into duplexes in St. Catherines under $500k for my next purchase, something I can't find in Hamilton. 

@Robert Bugeag sorry for the delayed response, but the cash flow is very good, hundred/property. Provided my tenants have been great, I don't intend to increase rents for a couple more years especially with the times we are in. 

I am also struggling with this. I live in Stoney Creek/Hamilton. With the rising prices, it is very hard to reference the 1% rule. I have properties in Smithville that that are cash flowing at 0.8%. 

I am also interested, in Hamilton or surrounding areas. 

Hi,

I am currently looking at a property in Southwest Middlesex/Glencoe.

It is a 6 plex building that needs some work. I was initally quoted at 350K, and now she has dropped it down to 200k. I was wondering if there is anyone in the area that can provide me with some information on the market. 

Thanks!

Evan

Hello,

In terms of joint ventures, I am fairly new at this. I have a property under contract and looking to do a flip. I am not putting any of my own money in this deal. I am just putting the deal together. Does anyone know what would be the proper split?

Thanks! 

Hello guys,

Thanks for getting back to me I appreciate the details.

It is a 5 bedroom legal duplex. 1 tenant renting out both for 1,300/month. It is fully renovated, siding, roof, floors, paint etc. Needs some tlc estimated at $5000. I have some comparable that range between 150k-170k. I will get more realtors to look at the property.