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Updated about 8 years ago,
Canadian New to Real Estate Investing
Hi everyone!
My name is Matt, I currently live in London Ontario. I am new to the real estate industry but have been reading lots of books on real estate investing and trying to learn as much as possible. I plan to buy my first property within the next two years, so I've been trying to gather as much knowledge as possible before then. My goal is to buy either a duplex, triplex or fourplex and live in one of the units while renting out the others. I just graduated from University and will be taking my CPA accreditation next fall, which should assist me in evaluating properties worth and provide me with ways at which I can reduce taxes. My method for investing will be to buy and hold properties and earn passive cash flow which can then be used to purchase additional properties in the years following. I'm open to any tips or suggestions from anyone on obtaining financing, start-up or any additional resources that anyone feels would be useful to me at this point in my journey.
Regards,
Matt