.- They gain acquisition, project management AND property management experience - all which will help tremendously when its time to scale and grow the portfolio.

We bought in the area (2-family; reside in one unit, Airbnb the othher) in 2016 and have seen tremendous appreciation and fantastic Airbnb income so far.

We've been using this "tired landlord" approach for over a decade and have profited tremendously from it!

Well even if the investment pays off, but you didn't protect it from liability who cares if it was a tremendous financial play?

This was a fire damaged 🔥 condemend four plex. 8️⃣ beds and 4️⃣ baths plus flex room per unit❗️Maintenance free house hack , where you live in one unit and rent out the rest reducing your cost to live tremendously (3.5% down FHA loan or 5% down conventional loan) or straight investment property with no maintenance any time soon as we did all the heavy lifting🏋️‍♂️💪🏾Property highlights •New EPDM roof •5 new 100 amp electric ⚡️ panels and rewired throughout(each tenants pays their own bill) •All new plumbing including 4 new electric 40 gallon water heaters •New high efficiency boiler•New kitchens with stainless steel appliances , quarts countertops and tile backsplash •In unit laundry 🧺 •Refinished hardwood floors •Gutted and redone bathrooms 🛁•Exterior Paint •And More ‼️

For those who have your kids involved in the business, if you pay them, you can set them up for tremendous wealth later in life.For example, if you pay your 12 year old $10/hr to paint, you can take the business deduction, and they claim the income.  

While it took until the 15th to get all the rent, it gave her tremendous peace of mind knowing the rent was being paid each month without her involvement, and I felt better knowing I was guaranteed to get the rent without excuses, stress or late fees.

You could buy a 40k property on X street in a C-C+ neighborhood and make money, then purchase a 40k property in a D neighborhood and you lose a tremendous amount of money. 

I like to think of Alberta as Canada's Texas, which has seen tremendous growth due to a cheaper lifestyle and more affordable housing than the west coast of the US.

I have found that having it all in one place via my Baselane dashboard is just way more convenient and helping tremendously with my workflows.