All Forum Posts by: Sarah Larbi

Hi Ralph Noack I think you need to keep looking I have 5 in Brantford that cash flow well. Last one I just bought in November for 151k is renting for 1300 and the one last April for 165k is renting for 1300. What area in Brantford are you looking at? They are out there still you just need to work a little harder now to find them.

Hi Ralph Noack I have 5 rentals in Brantford that I buy and hold to single families if you need any help feel free to PM me I would be more than happy to help you. If you want to rent to families and not students my suggestion is not to buy downtown but look at other areas such as eagle place, west Brant, and if there is a low enough price in holmedale that would work too. My rents range from 1300-1500 based on 3 bedroom 1 or 1.5 bath homes.

Increase cash flow

Great hope it goes well for you!

Chris Lockhart I go to their meeting sessions when they have them on. They have been great and plus I live 5 minutes away so it is also very convenient to get to. Were you at the last one where Charles spoke about development?

Hi Chris Lockhart and welcome! Just finished reading through your profile. Which group in Oakville did you join? Rock stars?

Tim Holmes you should go to as many Meetup groups as you can A. To learn and B.to meet like minded people Download the Meetup app and join the real estate groups nearby they are not all created the same but you will learn a lot and meet other investors with the same interests

One last thing I wanted to add is you need to learn to manage the manager if you will not be self managing. So learn what they should be doing or not doing as much as possible so if they are not holding up their end you will be able to identify this in real time. I self manage which I really actually enjoy and as they are SFH is really fairly simple, but it's not for everyone and depending on property type you may not have the time. You never want to give the full reins to someone else and turn a blind eye that will usually not turn out as well. Keep the manager close and on point, let them know you are knowledgeable and that you will ensure they are on top of the ball at all times.

There is some good advice on the posts above and yes I use Kijiji a lot (look at waned adds just as much as offering adds), monitor it to see also how many views the ads have had, plus what the guys mentioned above. sometimes I will put out feelers and have actually found tenants that way and bought their house that the current landlord was selling. I personally am a buy and hold investor in the SFH market in Brantford and focus on families that want a good school zone and are fairly easy to manage (as I work full time) and for me that is what is working well but that's not to say you can't do well buying multis (though in Brantford they are harder to find and often not a great deal) or student rentals or doing brrr. I use a realtor there that is also an investor, there are still deals that can cashflow on MLS as the one I just got for $151k is being rented day 1 of getting possession for $1300 plus. That's the beauty of RE investing there are so many ways it can be done and you will find one that works best for you.

That's good but definitely look at supply and demand, and if you think the market is saturated or not... you can do well in many different investment types but you may want to weigh them next to each other : based on time that you will spend on management/maintenance of any, tenant turnover, tenant profile, utilities being covered by you or them, what is the market rent per bedroom and how many bedrooms you need to make it worth while, what are vacancy rates on student rentals vs regular rentals etc etc