Investing in Northern Ontario
Hi, everyone this will be my first post in BiggerPockets.
i was considering buying multiple properties in Timmins, Sault Ste. Marie, and/or Temiskaming Falls as my first investment. I’m interested for the low prices and incredibly good cashflow. The vacancy rates throw me off a bit and the declining populations. Any experts out there to give me solid advice? Would “diversifying” to mitigate my risk be smart or a nightmare (considering i have property management in place)
Thank you in advance. I’m from Toronto btw