We'll be putting up a video of ourselves hopefully within the next week as our goal is to put down our own vibe on it to make ourselves a little more personal in this digital space we call "the internet" than an intro post would do.Til then, peace!

Todd rents will go up over time whereas your mortgage paid off will not.Appreciation over time will increase the worth of your property but you still have to take into account inflation.Having a mortgage paid off some love that peace of mind.Other investors want to put that money to use instead of having trapped equity for years and years.Example you get a loan at 4% interest and can write off the payment on taxes each year.You take the money you would use to pay down the mortgage and instead invest it for a 15% return.It's all about really your plan and your comfort level.Many investors I work with love debt as with rates so low it's almost free money to them to grow investments.You still have to buy right though.If you go to a big REO broker they usually won't work with you one on one.Instead they will assign a buyers broker from their team to help you.Do you have any HUD homes there where you live??

Hector,It is easier to estimate repair and property enhancement costs.

Sorry Roy, We in Toronto had milked all we could out of this cow, we are kliing eachother for a peace of 100 year old property selling for 700K that needs a total gut and 100K of renos and paying 150K over asking price, competing with 10 other people on the same property.But think about the positive side of it, we are going to start buying where you live and your properties are going to appreciate like never before because of the competition, free money without working, isn't that nice?

I now have a smartphone and will hopefully be able to monitor the forums from the mobile app enhancing my overall experience in Bigger Pockets.

There was a lot of negative comments from a lot of investors that purchased through this particular seller and msot investors got burned for reasons ranging from not getting the correct type of financing, having crappy tenants, and overpaying so numbers weren't making sense.I'm getting my property management over there to take pics and do a walkthrough to get some peace of mind.

For a few hundred dollars a year, you have the peace of mind that you're not going to have to dish out thousands when that dishwasher, AC, furnace, microwave, or whatever goes out. 

We have been exploring lots of thoughtful touches to enhance the guests experience, but had not considered tailoring those touches for the individual.  

Lately, I've been thinking about how I can enhance my income after college and gain experience before graduating.

Hi my name is Terence Outland,I am a real estate investor looking to further enhance my experience and to work with other investors.