We have a triplex with decent cashflow, but bought the property for significantly lower than a Multifamily would sell for in Ottawa.We’ve been thinking about getting into the Ottawa market- ideally student rentals.

I just bought a 2 unit in East Austin if you'd like to talk about it.

I bought it at an 8.5 cap on trailing numbers which is pretty good.

@Joshua Herald One question to clarify before I give my two cents: do you currently own two homes, the one you live in and the one you bought through the REIA, or are those the same property?

The property I bought was a HUD property so I had a hard deadline to close in 45 days (otherwise I risked paying for each day I went over or possibly loosing the deal).  

I moved down here three years ago with my wife and we bought a house in the Riverview area just over a year ago.

Land contract for 2 properties (2 single families) & a combo deal for 2 properties (duplex & downtowm building—store front & loft).

I bought 3 SFHs with zero down and gave her a 15-year note at 7%.I am coming up on the five year anniversary of the purchase.

Whether you are brand new like me, middle of the road finding your way in the business and looking to make more contacts, an expert looking to pass on your horizon of knowledge to somebody eager to learn it, or anything in between, go ahead and CONNECT!

Hello, my sister/partner and I are brand new to this game.