All Forum Posts by: Matt Goddard

I'm always up for a cup of coffee, message me direct if you want.

How is everyones first couple of weeks of the new year ? 

Any issues with the cold weather so far? 

Any hot new deals on the horizon? 

Hey guys. Welcome, 

Definitely lots of different areas to invest in Ontario.

Send me a message if you want to set up a time for a meet up. 

Cheers 

Also from Ottawa and investing in the area. 

In a smaller/risker area then Truro, had no issue with lenders. 

@Danny Godbout

Hey Danny,

Up in Port hawkesbury actually.

@Victor Menasce

Hi Victor Menasce,

I've experienced the same thing dealing with the rental side of the housing market.

I live in Ottawa but currently I've been investing out of province in Nova Scotia. I found it easier to access the market.

Hey everyone,

Just looking for some advice as I start the discussion with the sellers realtor about making a VTB offer.

@Zach Theberge

Hey Zach,

I would start with familiarizing yourself with the LTB (landlord tenant board) here in Ottawa we have a fairly strong LTB that will favour tenants. It's important to know what your tenants rights and your rights as a landlord are from the start. Ontario also has a standardized lease form that you will have to use.

Also having a strong but fair application and vetting process is important.

Another thing to consider, and I only mention it because I've seen it before. Is that when some says that they have a property that is family owned/ a family home or they have some sort of sentimental investment in and they are renovating it to rent out I recommend they consider the renovations and products being used. It's very easy to over do a renovation or use inappropriate materials that will either not last or are easily damage and are expensive or don't provide and roi.

All in all the best way to learn is by doing, even better to have a lower risk situation like you described for you to learn.

I currently live in Ottawa so if you have any specific questions feel free to shoot me a message.

@Ibado Youssouf

You're welcome.

Also yes it was my first rental that I've owned but not my first rental experience. I think that having experience helping manage apartments locally and vacation property long distance helped give me an idea of what to expect.