I've created a team out of family and friends to increase my network.

Having a team in place is essential to long-distance investing.

Build a team that includes qualified realtor, real estate attorney, asset protection attorney, insurance professional, contractors, handyman, and others.

Some lenders will allow land to be part of that.

Condotels usually keep a hefty percentage such as 20 or 25% of the rental revenue......But there are a handful of these that DO allow you take yours our of their rental pool and self-rent. 

Given the dynamics of the Canadian market, my team is exploring opportunities in new territories.

.· The taxpayer works more than 100 hours in the business during the year, and no other staff works more hours than the taxpayer.Hiring a property management company, therefore, effectively off-loads the primary work from the landlord, allowing for the income generated by the investment to remain passive and lower tax rates than active income.

Hello Community team,When you do a BRRRR, I am finding out that there is a 6 months seasoning waiting period ( DSCR ) before you can cash out refinance, so we can evolve our funds to go to the next property to purcahse and redo a BRRRR.Thanks for your input and advise for a solutions.

This gesture can reinforce goodwill and potentially secure her tenancy for longer, which is invaluable.Alternatively, if the budget allows, you might consider replacing them yourself.

Hi @Omer MenasheOne thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.