All Forum Posts by: Rahul Bura

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!

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

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

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

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!

 @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.

@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.

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.

Welcome and glad to have you onboard! 

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 :)