Good afternoon BP! My name is James Watkins and this is my first post. I live in the greater Toronto area in Ontario Canada. I bought a house and flipped it over 2.5 years while my family and I lived in it. We are going to take our profits and invest in multi family rentals. I am planning on investing in New Brunswick (Moncton and Saint John) due to the prices still being more affordable and seems like a lot of opportunity for growth there. I'm also planning on long distance investing as we are planning a move back to BC.
I'm looking for any help finding a good real estate agent as well as contractors in these areas.
Any feedback with my plan or any contacts would be greatly appreciated.
If you are looking for contractors or realtor send me a message I can give you few names.
good luck in your journey 👍
Following - I have had some curiosity recently about the market for single and multi family properties in NB to BRRRR or flip and also for long term buy/hold
Hey @James Watkins I am an investor and mortgage associate in New Brunswick and would be happy to help out if can. I have worked with quite a few investors in your situation that are looking to invest from a distance in NB and can help you get set up with a team to get your real estate investing in NB up and running. Feel free to message me directly if you would like some help! :)
Welcome aboard James!
I jumped in to the Moncton market last October, with a tri and two duplexes to date. Send me a message and I'd be happy to pass on my experiences so far.
@James Watkins I’ve been investing and living in Moncton for the better part of 10 years. The market is really hot here right now with lots of cash flowing properties. Most multis go into multiple offer situations right now but it’s still possible to find good deals, I’ve personally acquired 9 new buildings since January.
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