We done some rehab updating units, implemented utility bill back and new management.

I’m currently implementing a new strategy for 2020 and excited to see how my local market responds to it going forward !

Getting started in your early 20's definitely puts you ahead of the curve to be able to implement that strategy over time and take advantage of house hacking to get started with little risk/money.The 203k loan is a great product however there is a lot of red tape that goes along with it.

I have this goal again for this up coming year but have looked into and am getting ready to implement a much better training plan.

Sometimes the automated check system flags your name if it is too similar or an exact match.

The remainder of the capital raised will be for our reserves (property is currently in the red) and capex (adding covered RV storage, gate automation, surveillance, etc.).

Sometimes Fannie or Freddie automated underwriting findings only ask for 1 year of tax returns. 

@Joshua Martinez1) Open a stock investment account today2) Automate X amount of your check to go into that account every pay check3) You are most likely not going to hit a home run on your first investment property.

With the rising home prices in Toronto GTA Ontario..The government has has implemented a first time home buyers incentive for you to buy a home with a downpayment between 10-15% and avoid CMHC taxes..One of the requirements is having income under $120kThe province is willing to lend you 5-10% towards your Downpayment with no interest and payments until you sell your home within 25 years.However they are basically investing with you as they want the same amount of equity as they lent you.

The implementation of the standards was progressive through the 70’s and 80’s, and it could be any combination of outlets and breakers, so you can’t just hold people to the fire on a 1978 house with original outlets.