All Forum Posts by: Louis Henry

Quote from @Chris Baxter:

You can make any property cash flow with a big enough down-payment. When you do that, though, returns are typically miserable, and you'd be better served with a different investment vehicle. 

Is purchasing real estate with 100% cash a bad investment to you? I’m here to learn!

Quote from @Soumojit Sarkar:

Are there still some city/suburbs in Canada where you can cash-flow positive/breakeven as an investor in the condo/townhouse market?

Yes. I just did an deal analysis on a property that has a cash flow of $900 per month but you would need all cash for this deal, it will not work with regular mortgage financing!

Would you be interested in seeing the analysis?

I can send it to you via email or you can look at my post.

North York Rental Unit

Investment Property - Buy & Hold

North York, Toronto, ON M3N 2K9 Condo · 1 Beds · 1 Baths · 799 Sq.Ft.

View Deal Analysis

$ 205,000 Purchase Price · $ 220,000 ARV

· $ 980/mo Cash Flow · 5.7% Cap Rate · 5.4% COC

View Deal Analysis

We are actively looking for cash buyers that are interested in buying properties at a discount in the GTA and surrounding areas.

We’ll analyze the properties and send you a detailed report.

Please contact me, Louis via email at [email protected] to be added to our buyers list, thanks!

I have put in a few offers in London,ON but no offers have been accepted as yet!

I'm from Toronto; most of my time has been spent looking at deals in London, roughly a 2 hour drive from my home.

Windsor has an affordable market as well and is a 4 hour drive from my home.  

My intentions are to get a property manager to look after the property for me, so I dont think it will make a big difference if I get a property in London or Windsor.

With that being said, Windsor is going to be the next place I submit offers.  The housing prices in Windsor are lower than the housing prices London, which makes it possible to find better deals.

Thanks @cassisdylogsdon for a quick review of the Windsor market I will start analyzing some more deals I  Windsor.

I'm really late to this discussion but my goals for 2018 are to purchase my first rental property that cash flows with a property manager maintaining the property!

Thanks for the information Cassidy!

I've been doing some research and analyzing deals in both areas.  Both markets seem to make sense if your looking for a rental property with nice cash flow.

I'm a newbie, looking to purchase a small multi family unit in London, Ontario.

Can anyone let me know what areas are good and what areas to avoid?

Thanks for the help!

Hello, I'm new to biggerpockets from Toronto, Ontario.

Looking to get my first investment property!!!