All Forum Posts by: Christopher Carrese Gougeon

@Claudia Buchegger thanks for the response. if you don't mind me asking, what is the typical cashflow like in Columbus OH? Or just in The USA.

 I don't see much opportunity in Canada so, I'm exploring the idea of buying out of State.

I’m a young real estate investor looking for properties that generate positive cash flow. Unfortunately, in the Montreal area, it’s nearly impossible to find properties that cash flow unless you put down a very large down payment.

I’m curious—how do other investors manage properties that are located hours away from where they live?

I’ve found some properties nearby that could generate about $10,000 in annual profit. However, I’m unsure how to handle the work involved, like finding tenants or dealing with repairs. At that level of profit, I doubt I could afford to hire a property manager. I’m not sure what they typically charge, but I assume it would eat up too much of the cash flow.

My biggest concern is finding tenants. How do investors typically find reliable renters when they don’t live close to the property?