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Updated almost 4 years ago on . Most recent reply
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Scaling A Canadian Real Estate Portfolio
Hello,
My Name is Jayden I am 19 years old. I just closed on my first 4 Plex this week in Medicine Hat, AB using traditional financing. I still have tons learning to do when it comes to real estate. When I have time off work I am doing the best I can to learn more. I am interested mainly in Buy and Holds. I am extremely determined to scale into a much bigger portfolio, However I haven't seen to many Canadian real estate investors with large portfolios on BP yet. Does anyone have tips or experience on scaling in Canada to 100+ units?
Thanks
Most Popular Reply
@Jayden Thompson You don't need 100+ units to have financial freedom to travel. You can achieve that with 5 properties. The more units you have, you are getting other headaches (ie You will be managing a team of property managers then). I currently have 16 doors and travel F/T. There is a saying 'put your ladder against the right building'.