With some changes to the management structure and leadership, I believe we can significantly increase the revenue potential while providing a positive impact.

I am a long-term investor, but I also provide services to long-term investors, so my advice is biased toward that option.  

Everything was progressing smoothly until I met the appraiser to provide access to the property.Right away, I sensed something was off.

This way, your current rental stays a cash-flowing asset while providing leverage to grow your portfolio.

While this guidance provides general steps, it’s not legal advice; an attorney will ensure the process aligns with your specific circumstances.This post does not create a CPA-Client relationship.

However, our goal is to help 100k investors obtain financial freedom - hence the reasons why we provide many videos, podcasts, programs, and services to help with this journey.Unfortunately, we cannot promise that every deal we help you get under contract will close.

My point is this, I am actively involved/advising this investor, providing local vendors contacts (handyperson, surveyor, painters, etc) and I "don't wait for them to call me", I call them weekly. 

[I think someone else provided an example of this case earlier]-Now provided you do qualify for purchasing a house (4 units or less), you will have no problem qualifying for a mortgage with a Schedule 1 bank as long as you provide the down payment (35% minimum of purchase price) and confirm proof of fund and the source of it- On the proof and source of funds, the banks would want to see an income enough to cover the mortgage payment and other expenses. and in some cases, they would want to make sure they know how you're going to cover your expenses (housing, heating, etc..) where you live.This is usually where it gets annoying for some folks but if you can satisfy this, you should be able to qualify for a mortgage just likely any Canadian tax resident, albeit you will pay a little more in terms of interest rate, etc.

Be sure to check out the free tools BP provides to help analyze deals you may have and also market insights.

I do intend to stay close to home - but home provides only annual opportunities and I’m looking for year round possibilities with tax deed properties.