I’ve technically been a member of BP for years, ever since I felt that urge to find passive income streams when I was in college.

Since then, we got engaged, purchased another SFH fixer upper, got married, renovated the SFH together, turned it over to a property manager, and have had successful income streams with both to date.

If you are looking for an income stream you can certainly find a 10 cap in the US.If you are looking to speculate and hope prices keep rising, certainly Vancouver, Toronto, and Montreal are decent cities, but prices and cost of entry are high.

So, I decided that I needed to find an alternative income stream on my "days off" with the kids. 

There must by a consistent stream in order to pay bills and save up; even if it means uber, airbnb, & Turo in order to save money or pay bills.

Yet you say since Bob knows he can turn it around he will pay 600k.When Someone buys commercial property aren't they really buying the income stream that property is producing.

Use the 1:2 salary/dividend split to limit your payroll tax liabilities.It likely won't replace your salary, but it will help initially while you establish new streams of income.

Although we've been doing real estate casually since 2004 (when we we're 19), this is our first real flip deciding we'd like to do this as another income stream.

Im 26 years old and just recently jumped into the world of real estate investing, bought a 2 family home in the Jersey City area and I must say it is a great feeling to be a landlord and most importantly receiving a second stream of income aside from my regular job.

See if there're ways to add value to the property through either rent increase or other streams of income (aka utilities bill back through RUBS or directly) or ways to lower the expenses in other ways.