All Forum Posts by: Amr Tammam

@Roy N.

Thanks

@Ola Dantis

Thanks Ola for your encouragement

And good luck to you too

@Roy N.

Hi Roy

Thanks for your insight on New Brunswick

If you don’t mind, can I PM you with all details of my status

Regards

@Joel Armstrong

Amazing work

Hi @Roy N.

Thank you for your sincere advice on Saint John, I’m glad that there is still good people out there giving advice and warnings of the do’s and don’t

So again, I’m feeling Saint John, with the proper networking with experienced personal like you, I see it promising

Thanks and hope to chat more with you

Hi @Trevor Gaal

I totally get the importance of due diligence, and doing all the homework, and that’s why I joined this platform to be able to make a network of experienced individuals in the market, getting proper advice

Thanks

@Casey Maeda

Great info and advice, I’ll keep you posted

Thanks

@Joel Armstrong

Thanks Joel, I’ll definitely get in touch with you and thanks for your insight

Hi @Roy N.

I’m a newbie and interested in investing in Saint John with the strategy of Brrring or cash flow.

What are your advice, if you don’t mind

I understood from your response, that it’s risky? Why?

I know the buildings are old, but as cash flow market, I believe is good

What’s the cap in Moncton and Fredricton

Thanks

Amr

@Casey Maeda

You’re absolutely correct about financing options, I’m going next month to Montreal and then go see New Brunswick

I’ll check concerning financing in Montreal, but do you agree about Montreal not being cash flow market, unless you’re in the short term stays?

The plan is to move back to Canada and mange the properties I acquire

I've seen Cap rates from 8-10% and even more, but again, this info is through MLS

For the US, I don’t believe in managing projects long distances, and I have no idea what’s the market like, or where to even start

I see the opportunities are much more lucrative, but US is totally alien territory to me

What’s your insight about the US and where with what amount of capital required?