I invested initially for cash flow only, but over the last 12 years, what I realized is that the main financial gain is from appreciation, not from cash flow.

I'm more interested in taxation affects and privacy and I realize I'd need to get the properties deeded to the LLC so that I check off the privacy box in that regard.Would I in this situation be fully private or am I missing something?

However, while holding this property for a year (positive cashflow by the way) I soon realized the town I live was not the place I wanted to invest long term.

I created a profile a couple years ago but a switch flipped in the last month where I realized that it is time for me to stop dreaming about real estate and actually do something!

Unfortunately these comments have been from people outside the Vancouver area and the people making the comments probably failed to realized that $500k will not buy you a place you can house hack in Vancouver.

That being said I realize that line of work could be very beneficial for investing.

I will break down the deal as clear as possible, but realize there may still be some missing info.Property: 12.5 acre farm on the outskirts of town.

Over the years I realized that no matter what the investors needs are or how many properties they own, at the end of the day there are only two types of property owners/investors.Correspondingly, there are two types of property management companies.1st Type Property Management Company: · Poor customer service on both owner’s and tenant’s side.· Lack of communication (Getting them on the phone feels like winning the lottery).· Dishonest.· Lower Fees on the front end when signing up for services.

We found great satisfaction in being debt free.... fast forward and I realize that we missed the great garage sale of all real estate garage sales.

Sometimes tenants don't realize this; sometimes they don't care.