Hi everyone,
My wife and I are in the process of getting into our first investment property in Edmonton where we are residents. We bought our first home at an early age (about 6 months before the boom) and were lucky enough to benefit greatly from the turn in the housing market. We sold our first house and bought our current home (in 2007) and for the last few years have been discussing using the equity in our home and getting into real estate investing. We settled down and have a 14 month old and baby #2 on the way and have decided that now is the time to finally do it!
We are thinking of investing in North Edmonton (we live here) and are beginning to research the different communities/areas. We have $85000 to work with and are hoping to be able to buy 2 homes with this amount (probably a townhome/duplex).
We have been reading books and doing research, but there is SO much information out there and it is hard to know where to start! We know most of you are busy, successful investors but any extra guidance/mentorship/tips for a family just starting out in real estate investing would be greatly appreciated!
Thank you in advance!
Chris & Kristy
P.S. We also are in need of an investment realtor ` any recommendations?
My wife and I are in the process of getting into our first investment property in Edmonton where we are residents. We bought our first home at an early age (about 6 months before the boom) and were lucky enough to benefit greatly from the turn in the housing market. We sold our first house and bought our current home (in 2007) and for the last few years have been discussing using the equity in our home and getting into real estate investing. We settled down and have a 14 month old and baby #2 on the way and have decided that now is the time to finally do it!
We are thinking of investing in North Edmonton (we live here) and are beginning to research the different communities/areas. We have $85000 to work with and are hoping to be able to buy 2 homes with this amount (probably a townhome/duplex).
We have been reading books and doing research, but there is SO much information out there and it is hard to know where to start! We know most of you are busy, successful investors but any extra guidance/mentorship/tips for a family just starting out in real estate investing would be greatly appreciated!
Thank you in advance!
Chris & Kristy
P.S. We also are in need of an investment realtor ` any recommendations?