Partnership on Edmonton condos

[Kevan Baum]

Hello,

This post is for Canadians looking to invest in Edmonton. I'm looking for a partner who would like to invest in the Edmonton condo market. I own several units presently and would like to go more heavily in to the market there as I believe portions of it are significantly under valued to the rents being realized. Downpayment would be split 50/50 and cashflow and eventual sale split 50/50. I am a CPM and have a growing portfolio. I've done a few partnerships before and can put you in touch with people for character references. Hold period is negotiable as is disposition. I prefer dispositions to be done via rent to own to tenant buyers. The partner would need to be able to secure financing and I would handle the work portion (partner would be welcome to participate in that side of it if interested). I'm currently getting between $350 and $550 per door in cash flow on my other properties, so that's the ballpark on monthly cashflow. It would be split 50/50. Just DM if interested.