All Forum Posts by: Luca Buccilli

Hello Everyone, 

I am from Ontario and looking to get into the MF game in NB hoping to find some good upside CAP rate opportunities as I've heard they've dried out significantly over the last 3 years.

I am in the beginning stages, but would appreciate any advice and/or connections in the area for (1) property managers (I know CHFR seems quite popular), (2) RE agents, and (3) lenders/brokers?

Another good to know is are there any areas, streets/intersections, you would stay clear of considering tenant quality and vacancy. There seems to be some attractive opportunities considering C to B class properties but can't tell if they are just priced attractively given the specific area. 

Also, any favorite online resources for rental comps (e.g., Rentometer) in NB, or do you just go with your REA or prop manager?

Any  input would be appreciated.

Best,

Luca

@Jonah T. @ Brendan McClure 

Hi Gentleman, I am from Ontario looking to do my first deal in Saint John, NB.

 I was wondering if you can (1) recommend any property managers (beyond CHFR) and (2) what are some areas/intersections/streets I should avoid? 

There seems to be a lot of C to B assets 2-4 units, some at a good price relative to the expected CAP Rate but can't tell if it is because tenant quality is poor or vacancy is high.

 Best,

Luca