Hey Joanne, you’re definitely onto something with room rentals.. it can be an excellent strategy for offsetting a hefty mortgage and, in some cases, bringing in higher total rent than a single lease.

Excellent start. 

All major flippers in town have heavily compressed ARV to accommodate for the potential of the downward slide to continue.

There are hundreds if not thousands out there, but there are many by Bigger Pockets that are excellent for newer investors.

You provide an excel sheet with basic information about the companies and they return all the contact info you could want for about $0.15 per lead.I have not been able to find an equivalent for Canada.

The BiggerPockets community has excellent book recommendations, such as The Book on Rental Property Investing by Brandon Turner.

I'd break down residential real estate like this (definitely some subjectivity here):A class area= High year-over-year price appreciation, excellent public schools (elementary school ratings are the most correlated to higher real estate prices), little-to-no crime.

I have a calculator (semi-ugly but effective excel sheet) I use to look at the numbers on all 1031 exchanges I’m considering.Let me know if you want help with the calculations

I hope you are working with an excellent agent or broker, they can create leverage and opportunity for you while protecting your interest. 

His staff was equally welcoming, and my business partner and I signed up for his in-person workshops for 2025—it was an excellent deal.