Buying Your First Investment Property? 5 Lessons From 15 Years Of Real Estate Investing

Are you looking to buy your first investment property? It's been 15 years of real estate investing and I've learned 5 lessons I want to share with you whether you are looking to buy your first investment property or a seasoned real estate investor.

Background

I started real estate investing in Hamilton back in 2006 where I bought my first triplex. It was scary; first time owning a property I didn’t live in, dealing with tenants, responsibilities that come with owning an investment property, etc…

I have grown over the years from there: invested in pre-construction condos, bought houses and converted them to legal duplexes, taken on extensive renovations such as underpinning and now building homes from scratch.

5 Lessons I Learned

  1. Take action despite of fear

  2. Surround yourself with strong team

  3. Analysis paralysis

  4. Patience paysoff

  5. Always be a student

For details on the above lessons, click on the video below