Roman Stefaniw
Arms length Mortgages/Private Lending
14 January 2025 | 15 replies
He thought you were looking to be a borrower with your plans investments, not be a lender with your RRSP.I would seek out providers of self-directed RRSP plans in Canada.
Christopher Morris
Is Relying on Cash Flow Feasible?
21 January 2025 | 59 replies
These are all things I am trying to plan for.
James Zobrisky
What to do with Cash Flow
31 January 2025 | 17 replies
Some investors also use a business line of credit backed by their cash flow, which can help with future deals.If you’re planning to scale, maybe start stacking that cash for the next property or even park some in T-bills for short-term returns.
Christopher Heidrich
Stuck in analysis paralysis and in the military
30 January 2025 | 7 replies
@Christopher HeidrichRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
Timothy Villa
Real Estate Novice
4 February 2025 | 13 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.
Tom Server
I need some assistance , Not sure what to do, need money from my equity
29 January 2025 | 6 replies
Quote from @Tom Server: I beg to differ @Nathan Gesner, about the financially disciplined.
Nicole Graziano
Tax's: negative income made on flips
3 January 2025 | 4 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Lucas Kirma
College Student -> Full Time (Brand New and Eager to Learn)
29 January 2025 | 10 replies
Prepare financially by saving for down payments, improving your credit score, and setting aside emergency reserves.
Jonathan Baptiste
What I learned after 1 year of house hacking
17 January 2025 | 11 replies
Expanding your portfolio, streamlining tenant management, diversifying income streams, building a network, and planning for growth are also recommended.