Although a bank or insurance company would fit nicely into Berkshire’s existing platform, Canada does have restrictions on foreign ownership of those assets – so my bet would be either an energy or utility-oriented opportunity (plenty of them in Alberta) or perhaps a significant stake in Alimentation Couche-Tard, which owns the Circle K brand and has a significant global presence, potentially meshing nicely with Berkshire’s recent purchase of Pilot Flying J.This year, I had the pleasure of travelling to Omaha with some friends from New York University’s Real Estate Development program and got to catch up with old friends from all over the world.Alas, my favorite Buffett-ism from the meeting was "Understand that the market is there to serve you, not instruct you".

Hi, I'm in the process of starting a vacation rental management company (already have clients ready to signup) and would love feedback from other property managers on best management software to use.  

The advice, negotiation, referrals to inspectors, lenders, contractors, lawyers, title companies, etc.

I am curious as well and will be following this thread - I use Quickbooks because we also have a construction company and it works well for that BUT I have to email an invoice to each tenant every month with a link to pay online. 

(I'd just add to his video the idea of having a plumbing company set up so that your tenants can call that company directly if they have a plumbing emergency.)Don't compare yourself to your friends. 

I've learned that I'd rather grow at a slower rate and not be at the mercy of lenders and insurance companies that will gouge you every chance they get. 

If you have multiple people on the company, you ideally want the person with the highest credit score to have the most ownership percentages. 

Yes, it is a numbers game.They say... 1) Postcards are easier to get glanced at and tossed. 2) Letters have a greater chance of getting opened and read. 3) Hand written notes and envelopes get opened even more.You could spend about a dollar per letter mailed doing it yourself, or you could spend $2.50 or more each for a company to do it for you and maybe have "mechanized handwriting."

How does your insurance company know you need to fix the roof?

The tenant can rent them from a 3rd party company easily