Pull the trigger on one and you'll gradually be less nervous.

@Michael ChowWe have 4 rentals purchased under our names in Ontario and have been advised that transferring ownership to a corporation will be considered a sale and will trigger land transfer tax, which for us is a $12k hit right away.  

Compliance was never my concern because of the type paper I buy and originate.Today, using a third-party servicer simply makes sense.

Hope this helps and hope to start building relationships for when I'm ready to pull the trigger.

Learn...and most importantly don't be afraid to pull the trigger!.

Hopefully will pull the trigger on my first deal within the next three months.

, depending on whether you are selling as an individual, trust, or corporate entity...as long as you meet ALL the criteria/qualifications so as to be in compliance.

And as far as the knob and tube blah blah blah..cover your butt and be in compliance with the local codes and permitting processes...in other words, I would not let this tenant hold this over the contract.....just my two cents.Brian

Andre McCullough Take it for what it is worth but, since I invest in notes, I use a number of key point indicators to determine if an area will be sustainable, then if the numbers make since, I pull the trigger.

Also, you should have some idea how much equity makes an opportunity interesting to you, meaning criteria.I want opportunities with triggers, preferably multiple triggers.