Thanks for the response, my worries with this is that at this time I feel its safer to buy a live in investment in addition to the one I already have because I will use the rental income to offset the mortgage as opposed to paying the full mortgage on the "bigger, new build". And the wrench in...

Thanks for your response Thomas. The truth is I cannot afford to buy more then 1 at a time in either circumstance otherwise I would take your suggestion and buy more then 1 now. I love the strategy, I just do not have the finances for that level of investing "yet". My other income is good, but...

I think this is what I was looking for.. since you have already been there. It is not the easiest to live in and rent, its a sacrifice; but worth the sacrifice I have found. Doing it again wouldn't be a huge stress factor, I just see it as part of what needs to be done if choosing this path...

Perhaps my numbers aren't right.. I calculated a $24000 annual income on the 1st property with a mortgage of 198k. So the questions is, what would you do... buy another rental property and keep it or buy a new build now and wait almost two years to finish then live in it for year to sell it for...

Here's something that I worry about, buying the biggest house I can afford can be done further down the road once I have more passive income coming in. Right now I only have 1 rental with tenants downstairs while I myself live upstairs and duplicating the 1st investment would bring that up to 3...

The only reason I believe that I would make $50k or more is that the same houses by the same builder that is 3 years old is selling for 90k more in the same area. So I am being modest at $50K, my 5 year strategy started 2 1/2 years ago when I sold my last new build and bought this investment...

Hello All, I am stuck right now on what to do as my next step in real estate. I purchased a side split property in the Niagara region very close to a college 2 1/2 years ago (we live in the upstairs 3 bedrooms and we have a family of 4 living downstairs in the bottom 3 bedroom apartment. During...