First Rental Property

Hi Everybody,

I am happy to announce that I have released the first audio podcast for First Rental Property in today’s blog post.

This audio podcast will be a first in a series of interviews with experienced real estate investors.

In each audio podcast, an experienced real estate investor will describe in detail their experience when they purchased their first rental property.

It is my intent that you will be able to pick up clues and tips from these investors, so that you can successfully take action and buy your first rental property.

These investors will have years of experience in real estate investing. The investment strategies that they use will differ. I encourage you to take notes while listening to these Podcast as well.  Learn as much as you can.

As time goes on, and the more Podcast you listen to, I guarantee you that you will begin to notice similarities among these investors.

In these audio podcasts, the following items will be discussed.

1) Where the investor purchased their first rental property?

The specific city or town, province or state, as well as country.

2) How much they paid for the property, and how much they put as a down payment?
This information will be important to know, so we can determine what their initial loan to value ratio was.

3) If the investor still owns the property.

In this first audio podcast, I have interviewed myself. I hope that you find value in listening to this interview. You can access the audio podcast by clicking on the following link…

Neil Uttamsingh’s First Rental Property Podcast

After listening to the podcast, if you have any questions, please leave your questions or comments in the comments section below.

As always, you can keep up to date with my blog by entering your e-mail address on the LEFT hand side of the blog.

To sign up for The First Rental Property Newsletter, you can enter your e-mail address on the RIGHT hand side of the blog. Via The First Rental Property Newsletter, you will receive more interviews with real estate investors who have purchased their first rental property.

Onwards and Upwards,
Neil Uttamsingh.

Hi Everyone,

Believe it or not, some people become obsessed with real estate investing.

This obsession often begins at the early stages when an investor is just starting out.

What does the obsession look like?

1. An individual obsessed with real estate investing may always be reading books related to real estate investing.  Not only would they be reading these such books.  These books would in fact be the only type of books that they would be reading.
2. An individual obsessed with real estate investing would also constantly be thinking about investing, and how they can increase the scope of their investing.  Once again, this would be the dominating thoughts in their head, and they would not give much thought to anything else other than real estate investing.
3. An individual obsessed with real estate investing would always be talking about real estate investing with others.  Perhaps they would be discussing their current real estate investments, or pitching joint venture ideas to people they know.  Again, the topic of real estate would be the only topic that they would want to talk about.

The only way to make sure that you don’t become obsessed with real estate investing is to obtain balance in your life.

How do you obtain balance in you life?

The only sure way to obtain balance in your life is to find something that you are equally  passionate about as real estate investing.

If you love real estate investing, find something that you love just as much.

How do you find something that you love just as much as real estate?

This is the tricky part because this ‘something’ is sometimes not easily found.  The only way that I believe you can find this other ‘thing’ is to try many different things.

Perhaps you like to draw.  If so, focus some time each and every day to drawing. Try to become better with each passing day.

If you like sports, spend some time each day playing a particular sport, until you find a sport that you really, really enjoy.

If music is your interest, allocate some time each day to listen to music, or learn how to play an instrument.

Maybe you like to garden.  If so, spend time working in and improving your garden.

Why do you need balance in life?

I have concluded that being overly obsessed with real estate investing is not good.  I see a lot of people, both new and experienced investors who are obsessed with real estate investing.

In my books, this is not a good idea.

It is not a good idea because these people tend to derive their sense of self worth from their real estate investments.

If one day, they lost all of the rental properties they had, they would be left feeling very empty inside.

This void would be felt because they would have nothing else left in their lives that brought them the same level of fulfillment that their real estate investments did.

They would feel lifeless and discontent simply because they had put all their eggs in one basket.

The benefit of having balance

When we learn to put our eggs in more than one basket, we become happier and more focused.

For example, if you learn to both enjoy real estate investing and painting art work just as equally, if one of these interests departed your life for good (your rental property burns down in a fire), you would have another interest to fall back on (painting artwork), which would be able to bring you the same amount of joy.

If you don’t have balance in your life currently, search for something that brings you joy.

To keep up to date with my blog, enter your e-mail address on the LEFT hand side of the blog.

To sign up for The First Rental Property Newsletter, enter your e-mail address and name on the RIGHT hand side of the blog.  In this Newsletter, you will be able to read about the experiences of seasoned real estate investors, as they will take you through step-by-step how they bought their first rental property.

Onwards and Upwards!

Neil Uttamsingh

Hi Everyone,

Would you believe it if I told you that novice real estate investors are bullied by members of their real estate team?

Sounds crazy, doesn’t it?

This is an unfortunate situation that some aspiring real estate investors find themselves in when they are first starting out investing in real estate.

These new real estate investors find themselves in this difficult situation when they are surrounded by a real estate team that does not have their best interest at heart.

When a new real estate investor is first selecting their  real estate team, they have to be careful.  If they are not careful  the people that they select to their team may not be compatible with them.  Even worse, these members of the team could create a hostile learning environment for the aspiring real estate investor.

In previous posts I have talked about your Real Estate Team, and the importance of picking a solid team of great people that you can count on.

It is incredibly important for a real estate investor to select people that they are ‘in harmony’ with.

What does ‘in harmony’ mean?

‘In harmony’ means, selecting people to one’s team that have the your best interest at heart.

From my personal experience, I have always selected people who:

1. Know more than I do
2. I like
3. I can trust
4. I feel comfortable around
5. Who are ‘good people’.
6. I can get along with
7. Who treat others with respect

Why do new real estate investors end up getting bullied by members of their team?

Many new real estate investors when they are first starting out are not confident.  They are not confident  about their real estate knowledge, or they may not be confident about their abilities.

Due to this lack of confidence, novice investors will often listen to any advice that is presented to them.

Advice is often free, and because of this, new investors have to be careful who they are listening to.  Just because advice is free, does not mean it is good advice.   There are real estate ‘professionals’ out there that are looking to take advantage of new, unsuspecting real estate investors.

In the real estate investing world, there are many great Realtors, Lawyers, Accountants, and Mortgage Brokers who all offer advice to the aspiring investor.  At the same time, there are also very poor Realtors, Lawyers and Mortgage Brokers who offer terrible advice to the novice investor.

These poor professionals who lack integrity often prey upon new investors just starting out. These poor professionals can bully new investors in the following ways:

1)  Mortgage Broker – A poor mortgage broker can bully a new real estate investor into selecting a certain type of mortgage product that may not suit the needs of the investor.

Further a poor mortgage broker may convince a novice investor that it is ‘okay’ to commit mortgage fraud by lying about details on their mortgage application.

2) Real Estate Lawyer – A poor real estate lawyer can  bully the new investor into paying increased fees for no good reason.

3) Realtor – A poor Realtor may bully the new investor into buying a rental property that is overall a poor choice.  The property may not be a good cash flowing property, or it may be located in a poor location.

How to get rid of the real estate bully.

As a real estate investor, at some point in your investing career, you may end up with someone on your team that should not be there.   Somehow people that you do not totally ‘jive’ with will find their way onto your team.  Perhaps initially when you were selecting them to your team, you thought that they were someone completely different to the person they turned out to be.

At the end of the day, if this person does not have your best interest at heart, it is okay to get rid of them.

Attention New investors…avoid the real estate bully by always selecting to your team, real estate members that you are ‘in harmony’ with you.

Keep up to date with my blog by entering your e-mail address on the LEFT hand side of the blog.

To Sign up for the First Rental Property Newsletter, enter your name and e-mail address on the RIGHT hand side of the blog.

In the First Rental Property Newsletter, experienced real estate investors will be sharing their personal stories of when they bought their first rental property.  Learn from these experienced investors by signing up for the Newsletter.

Onwards and Upwards!

Neil Uttamsingh

[youtube]http://www.youtube.com/watch?v=Uo-gJRevzv4[/youtube]

Hi Everyone,

Many new real estate investors ask themselves the following question when they first start out investing…

“Should I invest in my first rental property by myself, or should I partner with someone MORE experienced?”

Sometimes new real estate investors fear ‘going it alone’ and purchasing their first rental property by themselves.  As such, they partner with someone just for the sake of having a partner.  In many of these newly formed partnerships, there may not be any value that either partner brings to the transaction.

For example, let’s take a look at the following scenario.

We have 2 independent real estate investors.  Each investor is too afraid to invest by themselves in a rental property, and as a result, they form a partnership and invest together.  Further, the level of knowledge of these 2 investors is about the same, as they are both at a novice level.

This is an example of a real estate partnership in which there is no value brought to the table by either of the investors.

When considering getting involved in real estate partnerships, one has to examine what REAL value they bring to the table.

Value in real estate partnerships can come in 3 forms.

They are…

TIME

KNOWLEDGE

MONEY

Time

Time is an important variable in effective real estate partnerships.  Simply put, in an effective real estate partnership, you have one partner who does not have any time, yet wants to invest in real estate.  The other partner will have available time on their hands to manage every aspect of the real estate transaction.  This person is often referred to as the real estate expert.  (As an example, I am the ‘real estate expert’  in my real estate joint venture partnerships.)

Knowledge

Knowledge is an equally important variable in good real estate partnerships.  There will often be one partner who wants to invest in real estate, however may know very little about real estate.

The other partner, will have a great deal of knowledge in a specific real estate market.  They will know the prices of houses and the market rents inside and out in that geographical area.  They will also have a  solid real estate team working for them, consisting of a mortgage broker, real estate lawyer, and quality Realtor, just to name a few.  (As an example, I posses all of the knowledge as the ‘real estate expert’ in my real estate joint venture partnerships)

Money

Money is without question an important variable in effective real estate partnerships.  Using the traditional example, there will often be one partner with the money to invest in real estate, but no time or knowledge.

On the other hand, there will be the other partner (real estate expert) who invests the partner’s money into the real estate transaction, and has all of the time required to successfully manage the investment as well, they will possess all of the knowledge required in order to pick great rental properties in excellent locations.  (As an example, I take on the role of the ‘real estate expert’ and I invest my partners’ money in our real estate transactions)

What other variables make an effective real estate partnership?

You can leave your comments in the comments section below.

To keep up to date with my blog, you can enter your e-mail address on the LEFT hand side of the blog.

To sign up for the First Rental Property Newsletter, you can enter your e-mail address on the RIGHT hand side of the blog.

Onwards and Upwards!

Neil Uttamsingh

[youtube]http://www.youtube.com/watch?v=2tKQfbQOq5E[/youtube]

ps: Thank you to The Versatile Investor, Mark Loeffler for giving me the idea for this blog post.

What’s up Everybody?

If you are new to real estate investing, and are looking to buy your first rental property, there are many things for you to consider.

One very common question that new real estate investors ask is,

“Where should I buy my first rental property?”

I recently polled experienced real estate investors who each owned multiple rental properties.  I asked these investors if they had purchased their first rental property close by to where they live, or far away from where they live.

These investors revealed that there are generally 2 schools of thought as to where a new investor should buy their first rental property.

As you may have guessed, the results of the poll were split.  Half of the experienced investors had purchased their first rental property close by to where they lived, and the other half had purchased their first rental property far away from where they lived.

How Far is Too Far?

The furthest distance that one of the investors ended up purchasing their first rental property, ended up being thousands of kilometers away from where they lived.

Are you surprised?

If you are, don’t be…because this is not uncommon.

A number of real estate investors actually do start out with their first rental property very far away from where they live.

Why would someone purchase a rental property so far away?

Often times, people end up buying a rental property very far from where they live because of a better opportunity.  Not all cities and towns make for good places to invest.  As such, if you find yourself living in a place where there is no upside to the real estate market, it is very wise to invest in another city or town.

Once an individuals begins to research the different cities and towns in their respective country, they may find a much better opportunity to invest many kilometers (or miles) away!

The Key to Success if you buy ‘far away’

If you end up purchasing your first rental property thousands or hundreds of kilometers (or miles) away from you, you better be well organized…otherwise your investment could end up being a disaster!

The experienced investors that took my poll spoke about one very important key to success with purchasing a rental property far away from where they lived.

The key to success of the investors that purchased far away from where they lived was that they had a very good property manager, and a strong real estate team.

This variable was absolutely critical to the success of these real estate investors.

Why purchase a rental property so far away, when you can purchase close to home?

On the flip side of the coin, many real estate investors who purchase their first rental property, end up buying a rental property close to where they live.

Sometimes these investors are fortunate in that they live in, or close by to cities and towns that have great real estate markets and a very solid economic future.

As as an example, many real estate investors living in Southern Ontario in Canada, are located in a great location.  This is a great location as there are at least 10 strong cities and towns to invest in all within about an hours drive.

The disadvantage to buying close to where you live

With the good there is also the bad.

Sometimes people who end up buying a rental property close by to where they live, obsess about it too much.  This obsession is not beneficial because at the end of the day, it does the real estate investor no good.

This obsession can take on the form of… constantly driving by the rental property.

During these drive bys the real estate investor often can become too concerned about the physical appearance of the exterior of the property.  I have known real estate investors to grumble that their tenants had not cut the grass, or that they had not picked up the flyers from the front porch.

The funniest story I every heard about an obsessed landlord/real estate investor was quite scary actually.  This landlord was always so concerned about the physical upkeep of the property, that he came by one afternoon without notifying the tenants and started to sweep with a broom the outdoor porch, that was connected to the property.  The tenants came out of the house, as they heard some noise on the porch, and they saw their landlord there standing with a broom.  The funny part is that the porch wasn’t even dirty at all.  The landlord had some explaining to do…

If you own a rental property close by to where you live, there is no need to obsess about the property.  This will do you no good.

So there you have it.  There is no simple answer as to where you should buy your first rental property.

It can be close by or far from where you live.

If you do buy the property far away from where you live, please make sure that you have a very good property manager and a strong real estate team that you can rely on.

To keep up to date with my blog please click on the orange RSS button at the top right hand corner of my blog.

To receive the new First Rental Property Newsletter with tips on how to buy your first rental property, please enter your name and e-mail address in the form at the right hand side of the blog.

Onward and Upwards!

Neil.

[youtube]http://www.youtube.com/watch?v=emN0qGCjtIw[/youtube]

What’s up Everybody,

Do you ever wonder how some people become super successful investing in real estate?

I had always wondered this before I purchased my first rental property back in May 2005.

I was under the impression that in order to become successful in real estate investing, all I had to do was buy one rental property a year.  That was the extent of my plan.  I thought that if I did this, I would instantly become successful in real estate investing.

Although I had the right idea, I was missing a key component in my strategy.  This was a key component that I did not realize until some years later.

This key component that I was missing was: Geographic Specialization.

For those that do not know, geographic specialization with regards to real estate investing means that you grow your real estate portfolio by purchasing the same property type in a defined geographical area.

For example, over the years as I have become a better real estate investor, I have chosen to invest in condominium townhouses (property type) on The Mountain (geographical area) in Hamilton, Ontario Canada with joint venture partners.

Personally, I have come to realize the importance of geographic specialization with respect to real estate investment.  This however, did not happen overnight for me.  This realization came from a few years of studying strategies being taken by successful real estate investors such as Don R. Campbell.

In an effort to help those of you new to real estate investing, I have provided a list below of the steps one needs to take in order to become a geographical specialist.

Here they are in no particular order:

1) Research your area

If you are going to purchase multiple rental properties in a given area, make sure that it is a good area to invest in not only today, but tomorrow as well.  You want to make sure that the area that you have chosen to invest in will also be a good area to invest in, in the future.  You will want to ask yourself questions such as:

1. Are people going to be moving into this area in the future?
2. Is the municipal government promoting the area as a good place for businesses to relocate to?
3. At what level are businesses being taxed?
4. What industries are going to fuel the growth in this area, in the future?

*what other question do you think you should ask yourself?  Leave your comments in the section below*

2) Once you have chosen your area, don’t buy anything outside of it

Most experienced real estate investors will admit that this point is easier said than done.

The purpose of picking a geographical area and sticking to it, is to become an expert in that given area.  The more knowledge you have of that particular geographical area, the better you will become as a real estate investor.

Here is an example to demonstrate my point.

This morning I traveled to my geographical area of ‘The Mountain’ in Hamilton, Ontario, Canada.  I was there to visit one of my properties and speak to my tenants who had just moved in.  Before I headed out to Hamilton in my car, I checked some of the recent listings for condominium townhouses for sale on ‘The Mountain’.  As I was driving through the area, I noticed the for sale signs on the properties that I had reviewed earlier, in addition, I also saw a few more for sale signs on other properties.

The cool thing about this is that because I know so much about this geographical area, I know exactly how much these properties  should sell for, and I know exactly how much rent can be charged for each of these properties.

Because I have such specialized knowledge in this area, there is no chance that I will every overpay for a property there.  In fact, because I know the area so well, there is always an opportunity to purchase a property slightly under market value.

Purchasing a property slightly under market value is always a good thing to do if you can, because you are able to create built in equity from the moment you purchase the property.

So there you have it…a short list with only 2 items!

It is a short list, however, it is a super important list.  There is no question, that if you specialize in a specific geographical area, you chances of success with real estate investing will increase.

What do you think?  In order to become a geographic specialist, what other things do you have to take into consideration?

Leave you comments in the comments section below.

Also, I forgot to tell you that all the cool kids are keeping up to date with my blog.

To be cool like them, enter your e-mail address on the left hand side of the blog.  Or, you can click on the orange RSS button on the top right hand corner of the blog.  🙂

[youtube]http://www.youtube.com/watch?v=GkIO6ra-xDE[/youtube]

What’s up Everybody,

So often we hear about the real estate buzz word ‘leverage’.

Leverage is a very important concept when it comes to real estate investing.

Leverage is a great thing because, ‘leverage’ allows you to buy real estate.

To those that do not know, simply put, leverage is using money (other than your own) in order to assist you in purchasing a piece of real estate.  ***This is not an official definition, rather, my own definition off the top of my head.

In order to see leverage at work, let’s check out an example…

Let’s say that you are purchasing a house valued at:

$100,000

If you have $100,000 cash saved and you use up all of this cash to buy this house, you are using no leverage, as you have used up all of your own money to buy the house.

Now let’s say that you purchase this same house valued at $100,000, but this time, you use your own personal savings in the amount of:

$25,000

Since you have put down $25,000 towards this property, you will need to get a mortgage in the amount of:

$75,000

This is an example of using leverage.  You have used leverage here because you have used money other than your own (mortgage) in order to buy this piece of real estate.

Why do people use leverage?

One can argue that there are a number of reason’s that people use leverage.  However, the main reason I believe people use leverage is because of the higher Return on Investment (ROI) that is generated when leverage is used, as opposed to when it is not used.

If we look at the examples above, the eventual ROI would potentially be greater when you put down $25,000 in order to purchase the property, as opposed to using the full amount of $100,000 in order to purchase the property.   This is because you have used less capital in order to purchase the same property.

When is it time to de-leverage your portfolio?

If you own a number of properties, when is it time to de-leverage your portfolio?  When I say ‘de-leverage’, I mean…when is it time to get rid of some of that leverage by potentially selling a property or two that are over leveraged?

If you do not own a portfolio of rental properties, and you are looking to purchase your first rental property, when should you decided NOT to use any leverage?

These are important questions to ponder, because if you do not pay special attention to how much you are leveraged as a real estate investor, you can become over leveraged quite easily

Who cares if you are over leveraged?

You should care, and in a major way. Being over leveraged can cause you to be making payments on a mortgage or on borrowed money that you cannot afford.  Some might argue that you become over leveraged when your payments going out for a mortgage are greater than the income coming in.

But seriously, how do I know if I am over leveraged?

If you are looking for conventional wisdom here, you are not going to get it.  Personally, I have learned that people know how much leverage they can tolerate by listening to their gut instinct.  Further, people have different levels of tolerance for leverage.  As such, some people are able to stomach a lot more ‘leverage’ than others.

This may not be the the answer that you were looking for, but it is the truth.  At least, it is the truth that I have come to realize.

If you have a gut feeling that you should not take on any more debt with respect to real estate, or if you feel that you already have too much real estate debt… you will know this — just listen to your gut.  No one can tell you this.  This is something that you will realize for yourself.

If you push the boundaries and try to over leverage yourself, and if you don’t listen to you gut instinct, this is when you can get into trouble.

Debt can be manageable…no question.  Many successful real estate investors have tonnes and tonnes of debt.  However, the super successful ones are able to carefully manage this debt, a.k.a. leverage very effectively.

Is leverage good or bad?  What do you think?  Leave your comments in the comments section below.

To keep up to date with my blog, you can enter your e-mail address in the left hand side of the blog.  Or you can click on the orange RSS button at the top right hand corner of the blog.

Hi Everyone,

I thought that I would change things up a bit with today’s post.

I have attached a video that I recorded today.

The video is of a new condo development going up in Oakville, Ontario, Canada.

I have had my eye on this development for the past few months.

I would like you to analyze this deal based on the information I presented in the video.

Put yourself in the shoes of a new real estate investor…

When considering whether or not to buy into this project, what are some of the key questions that you should ask yourself with regards to this project?

I intentionally left out a lot of details with respect to this new condo development.

Let me know your thoughts.  If you were or are a new real estate investor, what are the key questions that you have to ask yourself, prior to purchasing in this development, or prior to purchasing your first rental property in general?

Please leave your comments in the comments section below.

Also, on the topic of new construction, I encourage you to check out the most recent update of the Rock Star Mansion.

To keep up to date with my blog, please enter your e-mail address on the left hand side of the blog.  Or, you can click on the orange RSS button at the top right hand corner of the blog.

[youtube]http://www.youtube.com/watch?v=DDAtAESuHSk[/youtube]

I began investing in real estate about 5 years ago.  It was at this time that I purchased my first rental property.

Since I started investing, I have spoken to many experienced real estate investors.  Many of these investors currently own, or did own at one point multiple properties.

Since I started investing, I have also spoken to many people who have expressed interest in investing in real estate.  I have noticed that there are a number of factors that prevent these people from investing in real estate.

No matter how much they may say that, “One day, I am going to invest in real estate”, I know that the vast majority of these people never will.

So, why is this the case?  Why do so many people want to invest in real estate, however, never end up doing so?

I could probably write a book on why people don’t end up investing in real estate (hint – hint), however for the purposes of this article, I am going to focus on ONE of the factors that prevent people from investing in real estate.

Arguably the number one reason why people don’t invest in real estate is that they are afraid of the repairs and maintenance that they will have to perform on the property.

This fear is real, and I have witnessed it stop would be real estate investors dead in their tracks!

I know from personal experience that this fear lessens as time goes on, and as the real estate investor gains more experience.

Here is a personal example to help illustrate this point:

When I first began investing in real estate 5 years ago, repairs and maintenance issues were one of my biggest fears.  I was never really a handy person, nor am I a very handy person today (I have gotten better over the years though).

As a result, when repairs and maintenance issues would come up, I would feel anxiety because I did not know how to handle it.  I did not know whether I should repair the item myself, or whether I should hire a handy man who could come in and do the job.

One of my greatest fears was that one of my rental properties would get a leaky toilet and that I would not know how to repair it.

I am very proud to say that I have come a long way in 5 years, and here is why.

Just yesterday, I was visiting my newest rental property.  I had met my new tenants at the property, and we were doing a walk through of the property.  We were doing a final walk through of the property, as the tenants were moving in the following month .  As we were walking through the property, we were testing the toilets by flushing them, in order to make sure that they were working properly.

As soon as we flushed the toilet in the upstairs bathroom, a stream of water began to flow out of the back of the toilet.  The stream of water was steady, almost like the water coming out of a slow running tap.

My property manager was also there with me.  So when this happened, we jumped into action and turned the water off.  We cleaned up the water quickly so that there was no damage to the floor.

As we were cleaning up the water, the property manager and I were sticking our heads underneath the toilet and  discussing the problem with the toilet.  We identified the problem and concluded that the best remedy would be a brand new toilet.

This all happened pretty fast, and when everything was over and done, I was pretty happy with how I was feeling about the situation.

I had always feared this type of repair the most — the leaky toilet that is.  I had always experienced the most anxiety around the thought of this type of repair.  However, while the toilet was leaking, while we were cleaning it up, and after the situation was under control, I realized that I had experienced no anxiety at all.  I was pretty calm throughout the whole ordeal.

The fact that I was so calm I believe is a direct result of the Real Estate Team I have in place.

I have confidence in my Real Estate team and their ability to get things done for me.

As an example, my property manager is going to be replacing the toilet with a brand new one in a few days.  Which means…. problem solved!

The number one way in which you can eliminate all of the fears you have with respect to real estate investing, is to have a strong Real Estate Team that you can rely on.

This team can sometimes take some time to assemble.  However, once the team is assembled, nothing will be able to get in your way of real estate investment success!

Please keep up to date with my blog.  You can do this by entering your e-mail address on the left hand side of the blog.  Or, you can click on the orange RSS button at the top right hand corner of the blog.

To check out some of the members of my Real Estate Team, click on the following links:

Mortgage Broker
Real Estate Lawyer
Realtor

Hi Everyone,

I am very happy to share with you some good news.

Fellow Real Estate Investor and Blogger, Julie Broad of Rev N You is now a regular contributor on the BiggerPockets Real Estate Blog.

Her introductory article called, The Great Canadian Real Estate Opportunity is a must read for any aspiring real estate investor.

If you are an aspiring real estate investor, I highly recommend that you keep up to date with Julie’s articles on the BiggerPockets Real Estate Blog.

Here are the reasons why you should do this:

One

Julie is an experienced Canadian real estate investor. By following her articles and her comments, you will be able to gain an insight into the Canadian real estate market.  If you are looking to buy a property in Canada as your first rental property, pay close attention to what she has to say regarding Canada.

Two

In her article series, she will be commenting on certain States in the US where Canadians are buying real estate. If you are an American real estate investor, this will give you an insight into where Canadians are purchasing property.

Three

Julie is a well respected real estate blogger and investor. She presents the facts and is well intentioned. It is helpful to learn from people like this, because they are always willing to share their knowledge.

Four

Separate from her articles on the BiggerPockets Blog, she has 31 Free Real Estate Investing Videos that you can benefit from.  I have watched a number of these videos.  I think that the videos are very helpful to aspiring real estate investors looking to buy their first rental property.

Five

Finally, I believe that Julie is the best Canadian representative that we can have representing fellow Canadian Real Estate Investors and Bloggers on the BiggerPockets Real Estate Blog.

There you have it. Julie Broad has made the ‘big time’ on BiggerPockets. Keep up to date with her article series and you will learn a lot!

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