Down-to-Earth CANADIAN Real Estate Investing (ePub)

People hear the term "rental property" and conjure up images of nightmarish tenants, contractors looking to rip them off, and mounting costs that ultimately balloon out of control. These things can, and probably will, happen from time to time in your own real estate investment adventure, but in the end, it's about seeing past these bumps to the large, exhilarating mountain on the horizon. This can happen for you, as long as you have the key characteristic that every successful real estate investor needs: perseverance. Down-to-Earth CANADIAN Real Estate Investing is not about selling you on the concept of becoming a real estate investor, but is intended to share the author's journey through the often challenging, demanding, yet potentially lucrative world of real estate investment.

It's all about the drive, the never-give-up attitude, and the determination that every risk-taker must have in order to overcome apprehension and move toward success. But why invest in real estate in the first place? Motivation is essential, and this book encourages you to think about your motivation for real estate investing. What financial goals propel you forward? Yearly tuition? A brand new two-storey house? A happy and healthy retirement? There is no wrong answer, only the process of figuring out your ultimate objectives.

Once you determine exactly why you want to put money away, you need to look at the realities of the rental business, including: How much do you think you need to make a month? How much cash flexibility do you have? What price can you afford to pay for a house? Consider the distance you are willing to drive to get to the property in question. How much time and energy do you want to spend on this endeavour? Can you have laser-focused attention when it comes to achieving your goal?

This book will take you through the author's triumphs and tribulations as he navigated the rental business, going from one house to ten!