Let’s start with CompliancePrompt:[1] You are an expert in the federal and state taxation of landlords owning rental property [you need to tell the AI what is expected].[2] I am a CPA, with expertise in taxation of real estate [unless you want a watered-down response, tell the AI that you want a granular response][3] Use IRAC format [This is used by attorneys.

Are you able to start investing in your hometown instead?

I would love to connect to fellow investors in Halifax to find out how to get started.

Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.

It was a very, very common encouragement in 2019 (when we first started buying) until mid 2023 when things started looking down.

If you start looking and start the in depth Due Diligence process, please reach out to me.

I'll never forget what he told me, If you ever want to start purchasing real estate simply call this guy and write him a check and don't ask any questions.

I'm looking to purchase my first rental property and have been searching for a deal that would generate positive cash flow based on my projections. However, finding properties that would cash flow with a 20-25% down p...

Best to use your own numbers to calculate rehab costs, but I understand it is difficult starting out.

You Win.I remember back in 2015 when I started in Real estate and I saw all these "old-school" investors buying single family houses for $210K.