New landlord here and I've been forced to start my first eviction.

You need to keep in mind that this should be a long term hold at least to a point when you wanna convert back to CAD that you are not losing on conversionWhen i started in 2012 it was like 1.05-1.07 

From my side as the CFO of a developer, GC, and property manager, I see a 12-24 unit building(s) as the sweet spot to start—big enough for economies of scale, but not so huge you’re drowning in management complexity.Case in point: we’ve recently wrapped up two 12-unit apartment buildings, brand new construction and cash flow ready from day one.

My son currently lives in the townhouse b/c he is going to school and works in the area.Since he is young and starting out in life, I would like for him to only cover the basic costs (taxes, HOA, utilities) just enough for me to break even (I believe that will put him slightly little lower than market rent rates). 

I am starting to learn about real estate investing and are super interested in learning anything and everything about it.

Loan Officer, Brave Mortgage called me and we started a refinance option to be able to hold the property and get out of the balloon payment.

Connect now and start learning!

Hopefully rents start going up 2nd Qtr and into 2026 and 2027.What price range do you want to be in? 

I would start with the marketplace section here on BP. 

@Chloe Salcedoi'd start with a house hack.