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All Forum Posts by: Ostap Bosak

Ostap Bosak has started 1 posts and replied 2 times.

Quote from @Cody Neustaedter:
Quote from @Ostap Bosak:

Hello,

I and my partners have put together a decent chunk of change (close to $1,000,000). We are considering buying a bunch of cashflow properties in the $80-120k range.

As we are not US citizens (we are from Canada), the main concern is financing. We are looking for some partnerships, to get the money we have leveraged as much as possible.

I would also love to connect with the community, to get some advice in general. We have experience with real-estate in Canada, but there is no such thing as "cashflow positive" in Canada real-estate anymore ...

Anyway, Cheers to you all!


 Welcome to the community! Where have you invested in Canada? In the prairie provinces there is definitely still cash flow. I invest in Winnipeg and there are still some deals to be found here. DM me if you are interested in discussing!


 You are probably right, but there is also a question of scape. Even in Winnipeg, the prices are still relatively high compared with B-C rentals in the mid west.
Therefore with the same capital, we can stretch over 15-20 properties, instead of 5. Which should in theory lower the risk of problems with units and tenants, as well as the impact of those risks.

Hello,

I and my partners have put together a decent chunk of change (close to $1,000,000). We are considering buying a bunch of cashflow properties in the $80-120k range.

As we are not US citizens (we are from Canada), the main concern is financing. We are looking for some partnerships, to get the money we have leveraged as much as possible.

I would also love to connect with the community, to get some advice in general. We have experience with real-estate in Canada, but there is no such thing as "cashflow positive" in Canada real-estate anymore ...

Anyway, Cheers to you all!