Newbie REI based in Toronto, ON
Hey everyone!
Newbie to BP and REI (have watched 100s hours on YouTube) - looking to hopefully start my REI journey this calendar year if possible. Brief introduction - originally from the UK, moved to Canada 2.5 years ago with other half and based in downtown Toronto, ON. Work as a project manager/PMO for a large IT consultancy firm. Currently 32, goal is to retire earlier than 65/balance lifestyle with travelling and having a decent level of financial freedom.
In terms of strategy looking for decent cash flow initially, preferably BRRRRs/ buy and hold over flips - with the view to diversify later on. Not an expert in construction/Diy so would probably look for something that requires a lower complexity of renovations initially. However I'm good at managing people, money and project planning.
Looking at MF/student housing in the Hamilton, Windsor or Sudbury regions (Toronto way out of my budget), but open to investing in properties further afield (including the US) if the numbers work. Any other similar investors in this area I would love to connect and start a discussion!
Looking forward to networking with you all!