New member from Ottawa

[Colin Murphy]

Hello BP community! How exciting is it to find this site and forums. It's an amazing learning tool. I am a full time teacher in Ottawa, ON and I've thinking seriously about real estate investing for a few years but was never sure how to start. Living with tight finances was the reason. We have a great life, good jobs and a nice house. But we never go on trips, can't afford big gifts, and our line of credit seems to grow in our sleep. Last month I couldn't sleep because I could not figure out how we would ever send our kids to university, give them a good start with their own real estate, care for parents, and enjoy our retirement. So my goals are pretty long-term and I see buy&hold rentals as the key to being ready for these financial challenges. My strategy is to SOMEHOW convince a private money lender to give me one shot at a Joint Venture deal. I would want to prove myself, start a track record so I good attract more partners. I have so many questions (mortgages, business, legal, accounting), but I'll leave it at that as a intro. The videos are amazing and I love the enthusiasm shared by everyone in these posts. Cheers, Colin