Hey I’m excited to learn as much as I can and am ready to purchase my first property in the next 12 months!

We are considering building 4-5 duplex's on the property over the course of a few years so we can pay them down as we go.

Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.

Land zoning: L and XL lot sizes, only suitable for large, expensive homes2.) property type: single family only.

So you're buying a property 'normally'. 

I suspect they won't be able to make it and being a new landlord, don't have any experience with this aspect of property management.

Hello BP Community,My name is Patrick Belanger, and my wife and I (both engineers turned entrepreneurs) havebeen investing in Edmonton and the surrounding communities since 2013, buildinga 32 unit local portfolio of single family homes, duplexes, garage suites, andsmall new-build multifamily (6 and 8 unit properties).

I have a property in Denver that I'm renting out long term. 

I sold my rental property to buy my current condo and am available to help investors build & grow their portfolios.

About 3 years ago my freshman year of high school I was told if I was to house hack after high school I could own 5 properties in 10 year's.I took that to heart and have been saving money since then reading books and listening to podcasts about finance, business and real estate.