100% new to buying property

[Account Closed]

Hi everyone!

I just joined bigger pockets and will be in a local weekend seminar at end of this month for a hefty dose of REI education.

I moved to Mississauga, ON recently and am ready to start buying properties. My goal is to have rental properties for a regular income stream, hopefully enough to retire on. I have 2 young children so REI will have to be very part time for now, but the sooner I get started the better. By the time they're in school I want to have enough knowledge and experience to invest in larger properties across Canada.

Like I said in my profile, the only home I've ever owned was a sailboat. Before we had kids, we loved life aboard. Hopefully by the time they grow up we'll be able to retire back onto one!

I look forward to meeting you, reading the intro book and doing my homework.... along with taking that first scary step of making an offer.

Tabatha

[Jon Holdman]

Here's my first piece of advice: Leave your checkbook and credit cards at home for this weekend seminar. If its like most of these (it will be) it will be a pitch fest by a bunch of speakers selling $1000 home study courses, $5000 workshops and $10,000 mentorships. Their techniques are very well honed to convince you to go to the back of the room and fork over your money. Don't do it. And, seriously, leave the credit cards at home!

Whew! That out of the way do try and meet some people at that seminar. That's the real value, not the speakers.

Welcome to the site. Spend plenty of time reading in the rental property forum to really learn this business.