There are several factors behind this; two of the more prevalent are the {relative} size of the real estate markets in Canada and the banking regulations requirement for lenders exercise of fiduciary care to protect the equity of the owner & sell the property at FMV.

Hey all, I'm a relatively new investor in the State College, PA area (home of Penn State).

So, 7% Cap isn't bad, especially for multifamily.1998 is still relatively new, so you shouldn't have too many capital expenses and too many maintenance items.

I got free contracts from flipthiswholesaler.net (I may get the GA relators one though- but they're $214!).

To answer your question related to challenges getting started flipping homes, the biggest one is having the confidence to pull the trigger.

, I've now realized that I probably am not in the right place financially for investing in syndicated deals... yet.So in the meantime, I find myself wondering... what are some passive investment opportunities for a new investor who like me has say 10k to 25k dollars to invest, but a relatively small net worth?

He also told me that he made more from his rentals than he did from the law firm.He still held the entire portfolio of properties when he passed at age 90, giving the properties to his relatives who continue to keep the properties and run the rentals, living off the income. 30-40 free and clear properties does provide a nice "side" income.The "stepped up basis" provides that the inherited property transfers basis at the value at the date of death, which makes all the capital gains unrealized during the owner's lifetime tax free.This attorney had the same portfolio for maybe 40+ years, he never bought any more property and never sold any of his rental properties.

There are no specific statutes related to wholesaling in the state of New Jersey I would like to do a double closing, but I was told this is illegal in New Jersey.

If you need help finding the relatives Lexis Nexis is the best bet but it is really expensive.

I'm relatively new here as well.