Updated over 5 years ago on . Most recent reply
Should a rental property be the 1st property you own?
I have a wife, two kids and no home. I’m a Canadian who plays semi pro hockey In the US from October to April-ish. When we are in Canada, we stay at my parents Cottage, rent free, as I work a normal job. When the end of September comes by, my work contract ends (My boss and coworkers are good friends) and we set off for the States to play hockey. I could be potential playing hockey for another 5 years as the plan is to start playing over somewhere in Europe within the year (We have a,ready played in France previously).
Is it a good idea to think about purchasing a rental property as a first time property buyer?