What ive concluded from the podcast is you have to get started!

So after reading all the responses above, is it correct for me to conclude by saying that: There is NOT a Canadian law that is equivalent to the 1031 exchange in the US, and therefore Canadian real estate investor (investing in Canada) do not have the privilege to defer taxes in the way that Americans do?

Time will tell but it might end up being the victim of having been too much overhyped by social media.Like you concluded, when it comes to investing, it's all about risk and return.

I was an executive at a software company in Santa Barbara and the area was way too expensive to get any performance out of investments.I did study a lot of different options and realized (for me and my family) that the government is actually supporting investing in residential real estate with a lot of benefits.I first determined what I believe performance really means and concluded that for me, it means I should have some positive cash flow from day 1 after closing (or Day 1 when a tenant moves into the property).It also meant that a good tool to even see if any available deal could work was applying the 1%-rule.

Concluded that I should improve cashflow anyway as not breaking even after all numbers factored in, and that 100k+ equity could be working much harder over nxt 5 years than just supporting further equity build.

More in-depth analysis is required to conclude which entity is better for you. 

Hopefully you've done the math and concluded that your higher borrowing cost is offset by what you're able to do with that capital.I've started to do more and more private loans (to people like you) as they're safe and pay returns that are high on a risk adjusted basis.Good luck!

Typically, the fourth quarter concludes each year with a surge in transaction activity.

She will likely die before the terms are concluded and I want to have control of the deed by that point, hence the post.Purchase Price to be negotiated - anywhere 350k to 550k.

If you have houses that appreciate quickly, I would wait 6 months to see what the rents do before you sell them and conclude that the cash flow is poor.