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All Forum Posts by: Jessica Prak

Jessica Prak has started 1 posts and replied 2 times.

Post: First property question

Jessica PrakPosted
  • Posts 2
  • Votes 0

@Daniel A Thank you for the wonderful information! I have only started looking into real estate, I have spent the last 2 months doing research and looking online with Youtube videos, podcasts and speaking with some friends who own their own home and have been renting to tenants. Thank you for the example you gave me. There are quite a few options I need to think about and do more research in terms of the multifamily dwellings. It sounds like there’s more tenant options to go the house route than to just buy a condo and rent it out, which was what I was originally thinking I wanted to do. Thank you again Daniel!

@Tommy Adeoye Thank you for your advice! I will start to narrow down what I want and then focus on the strategy. I am still working my way through the site and I have learnt so much already and its amazing to hear people’s stories and experiences! Thank you for the resources, I will check them out!

Post: First property question

Jessica PrakPosted
  • Posts 2
  • Votes 0

Hello Everyone! New member here! I am just wondering if anyone had some advice about buying a first property. I am hoping to have it become an income property. I am lucky to live with my parents at the moment and will stay and save for my down payment but I am not sure if the best option would be to buy a condo/preconstruction or a house and have the renters help pay for the mortgage. Thank you!!