Feel free to reach out anytime.

Andrew,Feel free to send me a message or reach out I would be happy to talk REI and offer some advice from a few different angles.

Hey,If your budget is 150K max and you are looking to buy in Ontario here are some markets to consider:North bay, Sudbury, Cornwall, Windsor.If you need help connecting with realtors, property managers etc in these cities feel free to reach out.

Can't use bonus depreciation but could use accelerated depreciation and get most (not all) of my rental income tax free.

If anyone has questions, stories, or advice they would like to share, feel free to respond below.

I've done drastic increases before where I purchased a 6plex where the tenants were paying 700 opposed to 1550 being market rent what I did was i gave everyone a letter saying their rent would increase to 1,100 for 6 months and they would be month to month so they would be free to move at any point  because at the end of the letter i put that after the 6 months their rent would be 1,300 for a 1 year lease after that and all 6 tenants stayed. 2 years later everyone is near market and only one moved. 

I hope that this helps somewhat, but feel free to schedule a time with me and we can go more into details.BTW,  I have a meetup in Irvine on 4/20 @ 10am (Pacific) in Irvine. 

The increased flexibility gives you more control and enables you to select which repayment option best fits your needs.

Feel free to reach out anytime with any questions .

If don't do a 1031 exchange and decide to pay capital gains, I would have about $450k free of taxes (this accounts depreciation and other costs).