I live in Vancouver, British Columbia, Canada, and have recently embarked on my journey as a real estate investor.I aim to build a solid foundation in real estate investing that allows me to achieve financial freedom.

We own a 7 unit apartment building at the beach and would like to replace our present bank loan with private funding of some type. 

I am wanting to purchase land and build a small cabin to STR (& personal use) in the North GA Market. 

Did you have enough reserves, build from the gross rental income?

Should I refi and get extra cash immediately or should I refinance and lower my payment to build better cash flow?

If you can build AI to compile all information about a homeowner to score and rank homeowners based on their likelihood to be motivated I would pay good money for that.

Find a partner willing to build something on the land at their risk and expense and share in the profits. 3.

The math works out online and tenants already live in these buildings so I know they are liveable; that said, I have not visited the homes or made contact with the sellers. 

I can send you a list of contacts in Ohio to help you build your team, property manager.

Here’s what you should know on Schedule E:Depreciation (Line 18) – can be added BACKCasualty Loss/Amortization/One-Time Expenses/HOA Dues (line 19) – can be added BACKInsurance (line 9) – Added BackMortgage Interest (Line 12) – Added BackTaxes (Line 16) – Added BackAnd this is why owning property is such a great method of building wealth.