Considering that my parents and I are not Canadian citizens it adds an additional wrinkle to things as they or I are not able to claim this as the primary residence and avoid the capitol gains tax... a lot to consider and think about.

My primary residence is a condo where there are only 5 units and we all make up our HOA.

Feel free to save my info—always here to help!

Hello everyone, my name is Dave.

Quote from @Nicholas Klaene: Hello,I'm currently looking to buy my first rental.

Partnering with someone who already has multifamily experience while bringing capital or other value to the table seems like the smartest way to accelerate without taking on unnecessary risk.If anything, my biggest concern is making sure I’m partnering with the right operators — people who are truly experienced, not just using clever language to appear that way (a big issue in the space right now).Appreciate your insights!

it is mostly from what I've been seeing in activity in my STR, and in talking with some friends who manage restaurants.

This will be my first brrrr.

I have my eye on two properties.

The only reason we don't qualify for traditional lending is because I took some time off to help my terminally ill father, and my husband has been in a commission-based role for less than a year (the lender said you need 2 years of history for that).