Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Rahul Bura

Rahul Bura has started 2 posts and replied 33 times.

Post: Newbie from Ontario!

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

Welcome to BP! Hows the hammer these days? I was there for  a year a few years back and I hear about the rush of investors coming in there!

Post: Brand new to Bigger Pockets community!

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

Welcome @Matthew Balyk! You've come to the right place :) Plenty to learn here - feel free to post questions!

Originally posted by @Michaela G.:

I actually think that he's right. He's not talking about investors buying investment homes. He's talking about private home buyers and he's suggesting to keep renting, because the market will go soft again. 

Agreed, I think by and large his comments are directed at those who are looking to buy HOMES and not investment properties. Also it feels like a blanket statement/view but Real Estate has so many factors that play into it that one statement doesn't fit all. An investor tends to be more savvy than the average consumer/home buyer. Also further material that indicates the target segment he is probably commenting on: https://www.youtube.com/watch?v=171jePCgqLI

Post: Flipping Homes - My Exciting Journey (Post 2 of ?)

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

@David Friedman Nicely done and looking forward to your post on the Ontario Property! Where abouts in Ontario?

Post: Realtor / Investor from Ontario, Canada

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

Welcome to BP! What kind of engineering do you do? Anything that helps your Real Estate side of things? Always nice to see a fellow Canadian and as someone else mentioned, an Ontarian on here!

Post: CLOUD BASED PROGRAMS - Yes or No?

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12
Originally posted by @Jeff Rabinowitz:

What if your cloud servicer, provider, whatever decides to raise their fees, perhaps double them or triple them or institutes a policy where you must pay for a year in advance? Can't they lock you out of your own data if you refuse to pay? How easy is it to transfer your data to another comparable service? Might they be able to hold your data hostage?

What happens if they just go out of business and decide to fold the platform?

 @Jeff Rabinowitz . From the data management standpoint, most companies usually allow you to port data easily out of whatever system you're using. It is usually in a universal common form (CSV, Excel, XML etc.) which makes it easy to port that information to a new service/system.

As for how long data stays on the old system, that's something you would have to find out - each service provider may have its own policies. Some may hold them temporarily some may delete them upon request from their database etc.

Post: CLOUD BASED PROGRAMS - Yes or No?

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

@Roy N. ,Yes very valid point as well - it all depends on what tool you're using and what data you're uploading to the cloud and the onus will be on you to find our the security and privacy policies of the tool.

Depending on the service the tool developers use, your data could be stored locally or on servers around the world. Its never evident in sales pitches as Roy mentioned but you can definitely ask them for that information and they should be comfortable sharing that information with you.

Post: CLOUD BASED PROGRAMS - Yes or No?

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

One could argue that data can be lost just as easily on your local devices/machines if they fail - with cloud products usually they are backed up and can be retrieved. As for security, these days there are many levels of authentication in place if the product is of any worth.

The beauty of cloud products I find is that your data comes with you wherever and is accessible on your device anywhere you have an internet connection - data at your fingertips while you're on the go. The other neat thing with cloud products is that most have API that allows you to integrate one tool with another (invoicing/accounting tool with your CRM etc.) - i.e: your tools talk to eachother and share information automatically as you specify; automation is gold.

These are the main reasons I'd advocate Cloud products.

Post: Real Estate Educator and Broker in Canada

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

Welcome and glad to have you onboard! 

Post: New Member from Eastern Ontario (near Ottawa)

Rahul BuraPosted
  • Ottawa, Ontario
  • Posts 34
  • Votes 12

Welcome! Wow sounds like you have quite the work history and your eventual goal sounds amazing. There are a number of us from Ottawa here - really thinking we could get a meetup group going :)