I asked him a lot of questions about the business and as soon as I got home I was doing research and joining RE forums focused on multi family.

I am hoping to make connections to learn more about this market, which neighborhoods to focus on, as well as learn some pro tips as I begin my investing journey.To note, I have begun the loan pre-approval process and have a dedicated agent that is eager to find me a great property. 

@Josh LansberryWelcome to the community and be ready for a huge amount of information at your finger tips.

And all of that with training wheels, it is very hard to screw it up on a consequential scale.Because it is 2025 and RE is not cheap anymore I will encourage you to also look into building a business on the side.

I expect this will draw more business to this area. 

My Edreco, I want to stay optimistic, but after 20 years in the business, I see a few concerns with your strategy—especially buying condos.

Only reason I've been doing it is to get 0% business credit card limit increases.  

They were selling on pro forma, but the market and the debt market have shifted, and it's aa lot harder to achieve higher pricing with lower rents.We've purchased over 2,000 units, and the simple answer to the question is that they are either mom and pops and run their businesses with ZERO KPIs, they do not want to risk losing tenants if they raise rents, and they don't treat their asset as a business.When you take over, it can be difficult to get rents to market if they are very suppressed.

Hi Angus, A cash-out refinance is typically not considered a taxable event for businesses since the borrowed funds are regarded as liabilities owed to the lender.

The base is $17.20, plus tips.