As a long distance investor I'm doubling down at the drawing board assessing my options for my units.Just wanted to come on here and say if anyone needs a hand in Winnipeg, even if it's small or short term, I'm happy to talk.Fingers crossed all the hard work by the experts out there pays off.

Many expected a 'natural' correction of some kind to occur across various financial markets but with the economic impacts clearly occurring due to Covid-19, I wonder what folks are thinking when trying to assess next moves.Thanks,

Hey guys, so I've found someone who is looking at getting out of her rental portfolio back in my home town, which is a very small community.  10 houses, and all individually listed combines too $847,000says combined assessments to $556,100total monthly rents $9150/m. $110,000/yr.  

@Jonah WilsonYou will generally need to pay the realty transfer tax based on the last sale price or the assessed value.

I realize I could have pressed with another plumber to provide an independent assessment.

You have an HOA but what does it cover,It doesn't look like it is enough to cover roof replacement, looks like a special assessment coming up.

Once projected income is determined based on either actuals or a market assessment of comparables rent you then deduct all expenses, taxes, insurance, repairs, maintenance, property management & .... 

I think having more than 1 asset class is the way to go since all assess classes go in cycles.

The purpose of the social distancing is just to slow the progression to avoid overwhelming the healthcare system.

I also think the first step is to talk to them and to assess their situation.