We’re actively working toward building a real estate portfolio that will generate passive income and create financial security for our future.

It can still qualify if it's a fixer-upper, as long as the rental income from the property can cover the debt service.

To the guy who made the $700 per person income stream comment, as the community grows they'll need to continue to grow the coaching team as the structure of the program is centered around smaller groups of people you interact with on a very regular basis.

When Trying to qualify for a traditional loan, lenders usually price your purchasing power at 3x your net income.

Keeping the Vancouver property could provide strong rental income, long-term appreciation, and diversification, but it also comes with tax implications, foreign ownership rules, and management challenges.

It’s personal to the employees, who are directly impacted by the work culture of the business and rely on it as a source of income.

The worst thing is to pay for a service where you don't get a benefit.If you have STR's and actively manage them, then there is a good chance that you can treat the propreties as active instead of passive which will allow you to offset the losses with other forms of income such as wages, interest, dividends, gains, etc.

If debt concerns you, look at DSCR loans, which qualify based on rental income instead of personal finances.

Analyze Rental Income PotentialRun the numbers for your specific property.

However, capital gains tax (if not exempt) and transaction costs could eat into profits.Cash-Out Refinance- If rental income covers both mortgages, this could scale your portfolio faster—but be cautious of higher mortgage payments and interest rates.If you have any other question, send me a DM or email!