All Forum Posts by: Arif Bor

@Zorya Belanger That sounds like an incredible opportunity. I'd love to hear more about it if possible. Let's chat. I'd like to know more about what you mean by qualifying. Is it a resource thing (needs more investment) or a legality thing.

That's an idea. Do you by chance know of anywhere I could go that would make finding these people easier? Do you hunt them down on various sites like this one, or is there perhaps a site for flippers to congregate together? Thank you for any advice or opinions you have on the issue.

I bought my first rental 5 months ago. Happily being rented for 2 months now. I have $175k i'd like to use to buy another property. I have a newborn in the house so suddenly the time I had to go driving around to see properties has vanished.

So I got to thinking, there must be some other way to use this money. Team up with somebody or a group so that we can achieve something greater than what we could achieve individually. Maybe buy a 20 unit apartment or something along those lines.

I'm not really interested in pre-builds, as the idea of waiting 3-4 years before I can do anything with that property is not ideal for me. I'd rather have that money working for me right away instead of down the road.

Anybody have any tips or ideas on how I can go about doing this? Ideally it should be in the Niagara region in Ontario, but i'm okay with it being anywhere in Canada if it's legit.

@Will Gaston

I wasn't really looking for specific areas just yet, I wanted to hear from people who are in this space and seeing if there is any patterns. Are people finding it harder to fill rooms? Do you have to have a daily cleaner come in to attract enough attention? Is it business as usual?

Thank you @Adam Krawec, that's exactly the type of info I wanted to hear more about. 

I'm in the Niagara falls region in Ontario. The big schools here is Brock University, but i'm not really locked in this area alone. I'm open to travelling or buying out of my region. 

Hello everyone. First post here, amazing resource.

I've recently closed on a single family home and have taken my first serious step into real estate investing. I'm very new to all this so i'm still really trying to figure out what is my "thing". So many different ways to approach this thing we call real estate investing.

I have a couple real estate agents whom I talk with and i've thought about student housing because i've seen the immense cash flow you can get out of an 8 bedroom unit near a university. It's those kinds of properties that lets you retire financially with only 2 units if you can get it done right.

But both my real estate agent friends are nervous about that prospect. Both state that parents nowadays are actually more interested in renting or even flat out buying condo units to keep their kids safe from reckless teenagers or limit their exposure so that when they come home their chances of accidentally sniping off grandpa are lowered.

This makes me wonder if these types of properties are still worth chasing. The AirBNB market completely blew up with COVID to the point that very successful people who held 15-25 properties essentially went bankrupt within weeks. True, the fear was very fresh and new, so maybe the heat has died down?

I'd like to hear from others who are currently with student housing. Does this still work for you? All the ads for student housing I see now include "Highly Meticulous cleaning services". Some claiming even daily. That's a pretty serious load of overhead. It makes me think that perhaps at this point they're happy to break even or seriously reduce cashflow to keep the property from defaulting.

Thank you for your input and time.