Young family man looking for financial freedom in Canada

Young family man looking for financial freedom in Canada

Toronto Ontario, Canada · Member since 2018 · 3 posts · 1 vote

Hello everyone! My name is Nicholas, I am from Toronto, Ontario, Canada. i am a 34 year old family man, with my girlfriend( who I want to make my wife one day) and 2 young children(4 yr old boy and 2 yr old girl). I have known real estate is one of the most proven ways to financial freedom for many years now. But, I did not know how to get into it or know anyone who did it. Now that I have found this amazing community of knowledgeable and experienced investors, I see a light at the end of the tunnel. I'm looking to connect with people and learn as much as I can so i can start my investing journey and help others start or further their journey. Looking forward to connecting with you all!!!

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Specialist · Toronto, Ontario · Member since 2016 · 564 posts · 425 votes
8y

Thanks @Nicholas Blaine !

@Ryan Kirk your podcast was great!

See this reply in the discussion

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  • Rental Property Investor · Toronto, ON · Member since 2017 · 37 posts · 9 votes
    8y

    Sounds awesome! Gimme a shout with whatever questions you have!

  • Member since 2016 · 13k+ posts · 12k+ votes
    8y

    Best way to get into real estate is by starting to put money aside to invest. Lots of money.

    There are no real short cuts. Canadian real estate and financial instructions do not operate like they do in the estates. Definatly not the wild west up here. Much more highly regulated.

    Start by logging onto the RTA and LTB web sites to learn about tenant/landlord rights. We operate in a very highly pro tenant market and it is only getting worse.  

  • Toronto Ontario, Canada · Member since 2018 · 3 posts · 1 vote
    8y

    Thank you for your replies Adam Narbon and Thomas S. I appreciate you taking the time to reply. Adam, I will give you a shout with any questions I have, thank you. Thomas, I will look into the organizations you told me to look uu, but could break down the acronyms RTA and LTB for me please? 

  • Specialist · Toronto, Ontario · Member since 2016 · 564 posts · 425 votes
    8y

    Nicholas, The RTA stands for the Residential Tenancies Act and the LTB is the Landlord Tenant Board.

  • Toronto Ontario, Canada · Member since 2018 · 3 posts · 1 vote
    8y

    Thank you for the explanation Luc! i appreciate it. It's funny you respond, because I just finished listening to part 2 of your interview on Sara Larbi's podcast(Where should I invest?) from last year.  You were great by the way! 

  • Investor · Hamilton, ON · Member since 2016 · 59 posts · 31 votes
    8y
    Hi Nicholas! Congrats on discovering the power of investment real estate and the amazing resources at Bigger Pockets! That's cool that you listen to Sarah Laarbi's podcast - I was on Episode #12. :) I recommend connecting with the guys at Rock Star Real Estate in Oakville. Excellent local info & network. Makes a lot of sense to invest in areas outside Toronto...Oshawa, Hamilton, KWC etc. Best of luck!
  • Specialist · Toronto, Ontario · Member since 2016 · 564 posts · 425 votes
    8y

    Thanks @Nicholas Blaine !

    @Ryan Kirk your podcast was great!

  • Investor · Hamilton, ON · Member since 2016 · 59 posts · 31 votes
    8y
    @Luc Boiron - thanks Luc! Glad you enjoyed it. Sarah is an excellent interviewer.
  • Real Estate Educator, Mentor, Investor · Toronto, Ontario · Member since 2015 · 206 posts · 86 votes
    8y
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