Great Room is also a big deal for most buyers today.......

The new buyers will make money on the deal itself.  

There are a bunch of investors from Calgary who are investing here as they find it more fertile grounds then there local market (So they tell me this)So the take home point is if you want to BRRRR in Winnipeg then you will find amazing deals with buildings that are burnt/plumbing/electrical work needed so you can get exempt from rent control and obtain the cash flow you want.

Many OOS investors pick one market to master before expanding.Spending the next few months learning and analyzing deals is a great plan!

I've been in the real estate lending industry for over a decade, helping investors secure funding for their deals.

To only invest $5k into the deal with those returns is fantastic. 

Networking is key, so connect with local investors and lenders who specialize in multifamily deals.

Plus Mike's Deals of the Day!

Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying. 

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