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All Forum Posts by: Yousef Reda

Yousef Reda has started 18 posts and replied 87 times.

Post: New member from Winnipeg Manitoba

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Sayid K.Hey take a look at the beginners guide for real estate investors by doing a search on this website for that. Start there and it will branch you to many sources. I would continually pump up my knowledge with the podcast and discussions on here relevant to your goals. Always be active and helpful to others. 

Post: New member from Winnipeg Manitoba

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Brian StupackHey brian im also a fellow winnipeger. Great to see that you have already been well acquianted to this REI thing. Ive looked into a 10 bedroom house in Winnipeg that appears to cash flow pretty decently(~1400$/month) im getting more information soon from the lead I have. It would be interesting to connect with you if I can throw a deal or two at you before I pull the trigger in investing in them. Also how are your duplexes doing?

Post: Newbie from Cambridge, Ontario

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Thomas S. Lol emotionless man! Very harsh statement. Lol but i do know where your coming from. Investors should always take emotions out of the equations. Good way to inaugurate him into the community.

Post: Newbie from Cambridge, Ontario

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

Error

Post: Newbie from Cambridge, Ontario

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Matthew Newman Welcome to BP. Glad to have you here at such a young age. Lots to learn but this is definetly the right place. Its more geared towards US investors but there are still quiet a few canadians here. 

Look up beginners investors guide on this for a good way to start.

Podcasts are also very informative on this website. 

Lots of people to network with.

There is a webinar about duplexes and triplexes on Wednesday next week so be sure to attend that. You can ask any specific question there. Overall from my experience I hear people do well with Duplexes but you just need to know if your getting a good deal etc. 

Post: Deal or Flop? 8 Unit Apartment

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Ayodeji Kuponiyi lol there is no way the seller is going to go down to 525,000. That isnt realistic. The question isnt are you getting a deal or not. You clearly will be if that would be accepted. The question is how low would the seller go, and I suspect nothing less then 1 million. Also judging from how old these posts are I also presume that the seller declined the offer. 

Post: 3 KITCHENS, 8 BEDROOMS, ONE HOME. What are the pros/cons?

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Roger Vi hey did you end up getting that property if so why or why not. Im looking into an 8 bedroom house with 4 bathrooms. Lol so im curious 

Post: I need other peoples advice on this property

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Francois De Gourville

Hey Francois. Yes I know two physicians working in Red Deer. One is a Gastroenterologist and the other is an Oncologist. They both said its a nice city but small obviously. So you work in property management I take it. 

I was only looking into Calgary thinking its a good idea to buy when they are at there low point. Sure if you can get your connection to show me any lead that would potentially be a good investment I would be interested to hear about it. 

Post: Canadian Turnkey companies?

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

Here is one but i dont have experience with it lol.

http://turnkeyrealestate.ca/

Post: Canadians buying rental properties in USA

Yousef RedaPosted
  • Investor
  • Winnipeg, Manitoba
  • Posts 89
  • Votes 39

@Roy N. Thanks Roy! I found your thread from two years ago . Good advice. I will seek help from the experts is what it seems like. In your experience do you find real estate investment in US was an overall good or bad idea? 

https://www.biggerpockets.com/forums/12/topics/112987-canadians-buying-us-properties