Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago,

User Stats

3
Posts
0
Votes
Halid Parladi
0
Votes |
3
Posts

I want to start… but how?

Halid Parladi
Posted

As someone who has just turned to 19, I have always wondered how people get rich out of properties. At first, I decided to become a doctor just because of the incentive of wealth and got accepted from many prestigious universities of Canada for Biological Chemistry.

However, I knew myself very well that I never would allow myself to work under someone else; therefore, I decided to create both my own financial stability and independence by focusing on something more real and catchy for me. I believe in myself and I know that I am going to succeed in the long-term, because of this, please do not try to fade my motivation by your ideas regardless of your expertise in this field. 

What I do want to learn is the best way to start to this long journey. I mean… what type of property should I choose as my first house (please consider the fact that I am in Canada)? How can I calculate the cash-flow and obtain a high one without the process of BRRRR? Can I agree with an agent to take care of the building (taxes, repairs, etc.) while still obtaining a good amount of cash-flow on the other hand? Should I go for an under 500k house to avoid high down-payment for my first building? How should I analyze a house (in a good condition) that costs 999k dollar in Toronto? Or should I invest in another province?

I am obsolutely sorry for these disturbing questions, but it would really help me if you may help me with these issues. I am looking forward to hear from you. 

Best Regards,

Halid

Loading replies...