All you need is the right paperwork/agreements up front.If all you want to do is hand your money off to someone else to invest for you...well...that's a much higher risk isn't it.PS - etrade will allow a person to pick stocks for themselves for a very affordable fee.

The tenant pool can be lower end in Winnipeg but if you invest in the right areas it will often qualify for CMHC financing in terms of affordability. 

Once you have a consistent amount of income from your business for 2 years where you can afford to buy a primary, then I would look into house hacking.

For sure get an investment property first which is affordable (out of state), then later, buying your primary home will be even easier with lenders.

However, we are back to normalcy of 60 days or higher on the market.What we continue to hear is that affordable homes are the continued need in Valdosta.

In other words, if there are attorneys who can afford to specialize in just prosecuting dog owners for dog bites - then good luck defending against them.What I learned when I was studying law, was that if there is any history whatsoever that a dog has ever bitten someone or a dog before, then no matter the circumstances, if they bite again - they are automatically guilty.And, even as a dog lover, you and I both know that some breeds are more likely to bite than others.  

In Canada, for example, the average mortgage term is 5-years, so every 5-years you renew your mortgage and have the opportunity to pay down as much as you would like (if you wanted to pay more than the payment restrictions of a fixed-rate mortgage).If you want to pay down your mortgage more quickly and cannot afford to increase your payment, simply switching from the default monthly mortgage payment to accelerated bi-weekly payments will reduce your amortization by ~12% (the extra payment per year from the accelerated part) and reduce the overall interest paid by slightly more (~14%).Naturally, if you increase the bi-weekly payment, you will pay down the mortgage more quickly.  

People carry too much debt and even if the debt was forgiven or paid off, incomes don't match affordability. 

Affordable Housing Incentives -While SB 9 encourages new development, it also includes provisions to protect existing tenants and preserve affordability.

Tell him he clearly can't afford the rent and things won't get better.