Starting out in Winnipeg

4 Replies

Hi Dave, 

A little late on the reply. There are many local investors here in Winnipeg, not only on BP but lots that go to meetings around the city. Truly invested, Team made real estate to name a couple. 

Cheers.

@Dave Allen hey Dave just saw your post and see your looking into buying in the Winnipeg market. Have you got a house yet. I’m looking at Winnipeg right now and most of the cash flow properties rent to be in the north end. What’s your thought on that area. Would u buy there to rent out.

I’m from Vancouver area. Just interested in Winnipeg for the rental market.

Hi Randall,

Honestly, as a winnipegger, I avoid the north end like the plague. Not to say there isn’t potential for making money, but these are definitely D class neighbourhoods. Local investors here have defined what’s called a ‘red zone’ where many property management companies won’t deal in. Surrounding that red zone is probably where the best opportunity lies.

If you’re looking for more information, I’m happy to help. 

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