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Real Estate Deal Analysis & Advice

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Justin H.
  • Investor
  • Toronto, Ontario
34
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148
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Bought my first in Ontario, Canada!

Justin H.
  • Investor
  • Toronto, Ontario
Posted Feb 4 2015, 10:57

Well today I finally received the keys, and it finally all happened.

After 2 different failed partners and three deals with those partners falling about between 12-24 months ago, I finally took the leap to go alone, and closed my first deal.

I bought a student rental home near Brock University in Niagara Region, Ontario. $195K, needs some paint and a good cleaning, and it will be move-in ready for May. It was previously a student rental, turned family rental, but the owners are getting out of the industry and retiring.

6 students, two separate entrances (3 students each floor). Man it feels good and exciting and nerve-wracking to finally have made the jump to becoming a rental property owner at age 26.

Hoping to connect with some like-minded individuals moving forward!

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