All Forum Posts by: Yllan Lalic

@Darcy Reynolds

Wow! Great point, I have bever thought about contacting a realtor for some questions in my are; this is such a good idea to clear things up for me. I have made some friends and met some people who are into real estate investing, I will make sure to expand my connections thank you for your support! I wish you the best!

@Hai Loc

Yep! I havebeen continually reading books and educating myself about the business during these times!

@Hai Loc

I don't have any connections yet, but I will definitely grow my connections after covid; gatherings are not allowed at the moment.

@Grace Wang Hello! thank you so much for the response!

So it seems like house hacking would be the better option to really develop my investor skills and become more independent as an adult.

I will try to link up with local real estate investors as well as agents to ask about their opinion as well. Currently, the pandemic is not going to let that happen for now but I am looking forward to it.

Also thank you so much for your support! I wish you best on you real estate journey as well onto financial freedom!!

@Natasha Jansen

Thank you for the advice! So whichever produces better cashflow would be the wiser choice in you opinion?

I am wondering if I househack first it will take a while to save money again to invest in another property whereas if I first invest in BRRRR property I am able to reinvest the capital quickly.

I agree MFH are overall a better investment but I think I will start off my future portfolio with SFH and once I get my hands on a couple properties and have a cushion of capital then I will start BRRRR with MFH. What do you think? How has your real estate journey been for you? I am from Canada how about you?

I am uncertain whether I should invest first in a househack (most likely a duplex) or a BRRRR property.

Currently I am an 18 year old, saving most of my income from a part-time job; living with my parents. I am also in college for Civil Engineering and plan to use that diploma to help me save for buying properties in the future. The problem again is if house hacking; moving out of my parent's house first is a wise choice, or to continue to live with them while I make BRRRR deals and then move out? Fortunately I am lucky enough to have understanding parents that will let me live with them for a bit while I save money. Which investing strategy woule be the better choice if you were in my shoes? I am open to any advice, thank you!

@McCallum Ching goodluck to your real estate journey as well! Im also thinking of house hacking for my first deal

@Andrew De Leon sure man! Im glad I found an investor in Winnipeg also!

@David Richter wow thank you very much for taking your time to read and reply to my post. I appreciate it very much! I will keep in mind that once I move out of Winnipeg I will find a mentor who I can work for and learn from them. I will also read the books you suggested! Thank you, this is very exciting for me.

@Stephen Keighery Thank you very much for taking your time to read and reply to my discussion post! I agree that I need to invest in myself and knowledge first.