Buying in Windsor 2019-2020
I am a brand new investor looking to buy in Windsor ont. I have been going through listings but properties appear to be overpriced for the rent they are receiving. Market seems extremely hot and I am very discouraged because it’s near impossible to find a fair/ good deal. I have been trying to implement the 1% rule but it’s nearly impossible. would love to hear from someone who recently bought a rental about strategies they implemented to stay ahead of the game. Thanks.
Most Popular Reply
@Alex Stravski I strongly disagree. I see cash-flowing multi families all the time in Windsor even after factoring in vacancy, repairs, maintenance, and all other expenses.
@Mayu Thava multi-family 1% rule days have passed (for the most part),but there are high percentage cash-on-cash returns (7-10%) all the time. It's only a matter of time before this "low-hanging fruit" disappears.