First Rental Property

Hi There!

I hope all is well on your end.

Here is a short video I recorded that explains why:

Property Values Keep Rising In The Greater Toronto Area.

Please watch my short video, and please remember…

Not only am I the Creator of FirstRentalProperty.com, I am also a Real Estate Broker with RE/MAX.  I help people buy and sell real estate in the Greater Toronto Area.

If you have any questions regarding the video, or if you are buying or selling real estate in the Greater Toronto Area, send me an email at:

neil@firstrentalproperty.com

I look forward to hearing from you!

Best Regards,

Neil Uttamsingh | neil@firstrentalproperty.com

Real Estate Broker | RE/MAX Aboutowne | 1235 North Service Road West, Unit 100, Oakville, ON. L6M 2W2

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Hi Friend,

I hope you are doing well.

If you are looking to buy your first rental property, you will benefit by reading this post.

Many experienced real estate investors will tell you that you need to manage your rental property like a “business”.

This is great advice because owning and managing one or more rental properties is indeed a business.

According to Wikipedia, a business is:

“…an organization involved in the trade of goods, services, or both to consumers.  Business plan and Business model determine the outcome of an active business operation. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to its customers.”

As per the definition above, ‘providing services’ to customers is what businesses do.

Many businesses have ‘service agreements’ that they abide by when dealing with their customers.

As an example, let’s look at the service agreements that some major banks have with their customers.

Personal and Commercial Account Managers are often mandated to respond to their customers within 2 hours of being contacted.  This is a service model that some banks have adopted  because ‘customer service’ is very important to these organizations.  These banks understand that by responding to their customers in a timely manner, they are providing them with great customer service.

As a real estate investor and landlord, you need to adopt a model similar to the bank’s  ‘service agreements’.

You may chose not to share your service agreement with your tenant, however, the service agreement is something that you need to understand fully and be committed to.

Here is an example…

A tenant calls you on a Friday morning in the middle of the Summer.  They leave you a voicemail message letting you know that the Air Conditioner unit in their house has stopped working, and they have asked that you give them a call back when you can.

It is my firm belief that as a proactive real estate investor and landlord, you should be responding to your tenant the same day in which they have contacted you, no matter what the matter is.

As such in this example above, you should be getting back to them on Friday as well.

The important thing to note is that you may not have any answer for them nor a solution for their problem when you call them back.  That does not matter.  What does matter is that you are calling them back promptly.

In the example above, you may have no contacts for repair men that you could call to fix or replace the air conditioner.  That is okay.  As long as you communicate with your tenant and let them know that you are looking after their concern, that is what matters.

Naturally when new landlords do not know how to fix something, or when they don’t know who they can call to come and fix something, they delay  responding to their tenant. This should never be done…

So in summary, when your tenant calls you any issue at all, you need to respond to them in a timely manner.

Having a ‘service agreement‘ and responding to your tenant the same day is my advice to you.

If you stay committed to doing this, you will differentiate yourself in your tenant’s mind from all of their past, sub-par landlords.

Happy Investing!

Regards,

Neil Uttamsingh

ps: If you are looking to buy your first rental property, sign up for the First Rental Property Newsletter by entering your email address and name into the top right hand corner of the blog.  If you do this, you will receive tips and tricks from experienced real estate investors on how to buy your first rental property!

Hi Friend,

I hope you are doing well.

If you are looking to purchase your first rental property, you may have a question or two about rent collection.

If you do, that is normal.

A lot of new real estate investors have questions regarding this topic.

I often get asked by new landlords how they should be collecting their rent from their tenants.

There of course is a variety of ways in which you can do this.

In this blog post, I am going to outline for you a number of these methods as well as some of the potential pros and cons of collecting rent in these various manners.

Here are the methods in which you can use to collect rent from your tenant.

1) Post Dated Cheques

When your tenant first moves into your rental property, you can ask them at the beginning of their lease term to provide you with a series of post dated cheques.  Many landlords do this, because this is a method that works.

This mode of rent collection is both easy for the landlord and easy for the tenant.

It is easy for the landlord because, they do not have to make monthly trips to the rental property to pick up the rent.

It is easy for the tenant because they do not have to arrange their schedule and make time to meet their landlord each month.

There is also a big downside with collecting rent in this manner.

Since the landlord is not travelling to and meeting with the tenant each month to pick up rent, there is reduced opportunity to meet the tenant face to face and build a strong relationship.

2) E-mail Money Transfer / Bank Transfer

In this day and age, technology is awesome!  There are new options available to us in the world of banking than ever before. An example  of this is the email money transfer.    Tenants can now transfer to their landlords their monthly rent in the form of an email money transfer.  This is an efficient way to collect rent and it saves time for both the landlord and tenant.  Scheduling a time to meet to pick up rent in person can sometimes be challenging.  This mode of rent collection solves that problem.

3) Pick Up Rent In Person – Cash or Cheque

Although not practical in every case, this is my favourite mode rent collection.  This is my favourite mode of rent collection because it allows you as the landlord to build a strong relationship with your tenant on an ongoing basis.

Not only does it allow you to build an ongoing, strong relationship with your tenant, this strategy allows you to check on the property on a monthly basis.  If you have great tenants, you get to see each and every month how well they are taking care of the property.  On the flip side, if you have tenants that you are not too sure about, this method allows you to carefully observe the condition of the property.

So there you have it.  These are three modes of rent collection.  There are other ways in which you can collect rent, however, as a new real estate investor, you should focus your efforts on one of these 3 methods.

Happy Investing!

Neil Uttamsingh

ps: If you are looking to buy your first rental property, sign up for the First Rental Property Newsletter.  You can do this by providing your name and email address at the top right hand corner of the blog.  If you do, in the Newsletter you will receive tips and tricks from experienced real estate investors on how to buy your first rental property.

pps: I am a Licensed Realtor in Ontario and I help people like you buy their first rental property everyday! I personally own Hamilton real estate, Oakville real estate and Toronto real estate.   If you need help purchasing your first rental property or your next rental property, write to me at NEIL@FIRSTRENTALPROPERTY.COM. I will help you negotiate the best price, terms and conditions on your rental property. Buying in the US? No problem!  I will refer you to one of my trusted partners.  Happy Investing!  🙂

Hi Friend,

I hope you are doing well.

If you are a person who is looking to buy your first rental property, the topic of this blog post will be of great interest to you.

Currently I have 5 mortgages.  This is because I own 5 properties.  When I first started investing in real estate, I had no idea how to obtain more than one mortgage.  This was back in the year 2005.  Since then I have gone on to purchase Oakville real estate, Hamilton real estate and Toronto real estate.

It amazes me how few people know that they are able to obtain more than one mortgage.  The bulk of society (who have mortgages) are conditioned to believe that they are only able to have one mortgage at a given time.

If you are a new real estate investor, you need to know that:

You can have more than one mortgage.

Having more than one mortgage is essential if an individual is looking to build a real estate portfolio.

Dealing With Non-Believers

Whenever there is a minority of people doing something different than the majority of people, the minority is often critisized.  Staying with this theme, I often witness single mortgage holders being criticized by multiple mortgage holders.

Non believers make the assumption that:

“You cannot have more than one mortgage.”

Who Are The Non Believers?

Non believers are people that tell you that you CANNOT have more than one mortgage.

There are always people giving advice and false information to new real estate investors.  As a new investor, you have to very careful who you listen to and who you take advice from.  I have said over and over, that you should only take advice from someone who has accomplished something that you are trying to achieve yourself.

How Does a Real Estate Investor Obtain More Than One Mortgage?

In order to obtain more than one mortgage, you have to speak to a Mortgage Broker or Mortgage Specialist who has experience in getting multiple mortgages approved.  Some real estate investors are told that Mortgage Brokers are the only ones who are able to grant more than one mortgage to a real estate investor.  This is not always the case.  In many situations, major financial institutions are able to grant an individual borrower more than one mortgage.

In Summary

In summary, it is absolutely possible for someone to have two mortgages at the same time.  If you are new to real estate investing and want to purchase a rental property, you can feel reassured knowing that you can obtain two mortgages through the help and guidance of either a mortgage broker or a bank.

Happy Investing!

Best Regards,

Neil

ps: If you are serious about buying your first rental property, take a quick second and sign up for The First Rental Property Newsletter.  You can sign up in the top right hand corner of the blog.  When you sign up, you will get tips and tricks from experienced real estate investors on how to buy your first rental property, delivered straight to your Inbox, free of charge!

Hi Friend,

New real estate investors are just like experienced real estate investors.  The similarity between these two groups is that they are both afraid of the same things when it comes to real estate investing.

The experienced real estate investors have learned how to deal with the fears that they experience.  Whereas, the new real estate investors have not yet learned how to handle or cope with the fear that they experience surrounding real estate investing.

When I first started investing in real estate back in 2005, there were many things that I did not know and there were many things that I was afraid of.  I was able to fight past these fears and I have since gone on to purchase Oakville real estate, Hamilton real estate, and Toronto real estate.

Here is a complete list of the:

Top 10 Things That All Experienced Real Estate Investors Dread…

1)  CALLING TENANTS

When a real estate investor has to call their tenant, they become nervous because at that time there may be something that needs to be fixed.  At this time the item that needs to be fixed could be big or small.  The investor may have no idea how to fix the item, and may not know anyone that they can call in order to have the item fixed.  As  a result of this, the investor delays calling their tenant, because they are avoiding the problem.

What can you do about it?

You must set up a time and call your tenant every “first of the month.”

•  Force yourself to do it.
•  Make it a routine.
•  Put it in your calendar.

There should be at the very least, communication via telephone with your tenant once a month.  Email and text is not as effective communication versus over the phone.  Face to face is the best.

2)  REPAIRS AND MAINTENANCE

All real estate investors are  afraid of the potential repairs and maintenance that arise with their rental properties.  They are afraid of this because they always want to remain profitable, and they don’t want to lose money on their investment.  When people lose money on an investment it causes them to begin to question their investment..

What can you do about it?

Have a reliable person you can always call upon for repairs and maintenance.  Deal with repairs and maintenance issues as they arise.  Don’t put them off.  If you put them off they can become worse with time.  As such, a repair that may have cost $200 may end up costing you $2000 due to increased damage to the property.

3)  RENT COLLECTION

Experienced real estate investors worry about rent collection and if a tenant will pay rent on time.

What can you do about it?

Be firm.  Do not bend the rules.  If the rent is late, you submit the proper notice.  Make sure that the tenant keeps their word.  If the rent is late and the tenant says that they will provide it by a certain date, if the rent is not provided by the date, don’t’ keep on giving them grace.  Call them on it, and enforce the non payment of rent through the proper means.

4)  OPERATING LINE

Some experienced real estate investor worry about their operating lines going “too high”, and their revenues not being sufficient enough in order to bring it down.  More eloquently put, they worry about drawing too much of their operating line, and  fear that the revenue (rent collected) will not be sufficient in order to pay down the operating line.

What can you do about it?

Think like a bank..  Some Canadian Banks like BMO Bank of Montreal  lend 10 to 15 percent of a company’s gross annual sales in the form of an operating line.  Consider only borrowing that amount, and thus drawing your operating line to that amount.  This will give you peace of mind and will ensure that yhou are not over extending yourself.

5)  WATER LEAKS

Experienced real estate investors worry about leaks in the bathrooms and the damage it will cause to the house, overall if not looked after.

What can you do about it?

Inspect regularly for water damage.  Make sure you do caulking on a regular basis. If you notice water seepage early, make sure that you do the work to repair the damage before the damage becomes more severe.  Have someone inspect the property who has an eye for detecting water damage.

Interested in learning about the NEXT 5 Things That All Experienced Real Estate Investors Dread?

Check back into First Rental Property for the conclusion of this blog post…

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: I am an experienced real estate investor and licensed Realtor.  I help people like you everyday buy their first rental property.  If you are interested in purchasing  Toronto real estate, Ottawa real estate, Brampton real estate, Hamilton real estate, Richmond Hill real estate, Oakville real estate, Mississauga real estate, North York real estate, Kitchener real estate, or Brantford real estate send me an email at NEIL@FIRSTRENTALPROPERTY.COM.

Hi Friend,

I hope you are doing well.

Investing in real estate is a long term strategy.  Most new real estate investors who are just starting out think that they are going to become rich by investing in real estate.  They feel that they will become wealthy the moment they purchase their first rental property.

The reality is that you can become wealthy by investing in real estate, however, becoming ‘rich’ does not happen overnight.

To become wealthy through investing in real estate takes a life time of  focus and commitment.

When I bought my first rental property in Oakville, Ontario, Canada, I did not know much about real estate investing.  All I knew was that I wanted to make money by investing in real estate.

I first thought that I would only own the property for between 3 to 5 years.  As time went on, and the more I discovered about real estate investing, the more I realized that I should own my first rental property for as long as I possibly could.

By speaking to and studying the habits of many veteran real estate investors, I discovered that wealth is created through real estate investing over the long run.

Further, buying and selling rental properties without a clear action plan does not help you to become wealthy.

What I Did Last Year…

This past year I was attending a real estate event in Toronto called The Property Show.

A prominent real estate broker and developer was speaking at the event.  The individual was Brad J Lamb, aka, Brad Lamb.

Brad was addressing a question from an audience member on the topic of real estate investing.

Brad said something to the audience member that has stuck in my mind ever since.

Brad was explaining the to audience member that real estate investing was a long term strategy and that you:

“Don’t count your money every six months”

These were very wise words. Experienced real estate investors know that  a trap that you can fall into is to closely reevaluate your real estate investments over and over again.

The point that Brad was making was that if your investments are performing well, don’t constantly monitor them.  The action of over monitoring them is not a productive one.  Just let the be, and just let them to continue to grow through mortgage pay down, appreciation and cash flow.

This was a short post today, but real estate investing in NOT a short term game.  For a detailed breakdown of how to do things properly, visit my most popular blog post to date:

How To Buy Your First Rental Property

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: Remember, I am an experienced real estate investor and Licensed Realtor.  I help people like you everyday purchase their first rental property.  If you are looking to purchase Toronto real estate, Ottawa real estate, Brampton real estate, Hamilton real estate, Richmond Hill real estate, Oakville real estate, Mississauga real estate, North York real estate, Kitchener real estate, or Brantford real estate, please send me a message at NEIL@FIRSTRENTALPROPERTY.COM and I will help you get started !!!

Hi Friend,

I hope you are doing well.

There is one big similarity between new real estate investors and babies that I have observed and which I am going to share with you in today’s blog post.

Before doing that, I am going to tell you a little bit about how I got started in real estate investing.

My Story

I purchased my first rental property in 2005.  The property that I purchased was a townhouse and was located in Oakville, Ontario.  I purchased the property for $250,990.  The property was new construction, meaning that the property was in the process of being built.  When I purchased the property from the builder, the deposit requirements from the builder at the time was $15,000.  I obtained a First Mortgage from Royal Bank of Canada, which is one of Canada’s and North America’s leading banks.  The interest rate on the mortgage at the time was 4.25%.

When I bought my first rental property, I was not a member of an awesome real estate investment group, nor did I know anyone very well that was an experienced real estate investor.  As such, I had no one that I could ask questions of.  If I had a real estate specific question, I had to figure out the answer on my own.  Due to the fact that I had to learn everything on my own, it took me approximately one year from the time in which I began researching potential rental properties to the time in which I bought my first rental property.  When I purchased my first rental property, I had no one to hold my hand and help guide me through the process.  I was on my own.

Why New Real Estate Investors Are Just Like Babies

You as the new real estate investor need to have your hand held, just like you had your hand held when you were a a baby.   When you were a baby, you had your hand held by older people who simply knew better than you.  Your hand was held in order to provide you with some guidance and with comfort.

For example, if you were crossing a very busy and dangerous street, your hand should have been held by an older person who was able to keep you by their side until there was a break in traffic and until the street was safe to cross…

Further, when you were a baby, if something startled you and you became scared, an older person would hold your hand in order to provide you with some comfort.

The Same Applies In The Real Estate Investing Game…

…If you are a new real estate investor, you need to have your hand held.

You need to have experienced real estate investors lead you through the path of least resistance.

You need to have someone there who can answer your questions and help eliminate your fears.

Most importantly, you need someone to hold your hand and lead you to the right real estate investment opportunities.

When you are a new real estate investor (or baby for that matter) you have no idea about right from wrong.  You have no idea about what real estate investment is right for you.  As a result, you need someone there, who is experienced and trustworthy who can hold your hand, and help guide you in the right direction and toward the right real estate investment opportunity.

If you never have anyone there who is guiding you towards the appropriate investment opportunities, chances are is that you could be spinning your wheels and never end up buying your first rental property.

The reason why I say this is because I encounter hundreds of new real estate investors who do this. They don’t have the right guidance, they spin their wheels and they never take action, and never buy their first rental property.

If you want to do it right, get someone who you can trust who can hold your hand and lead you to the right investment!

Happy Investing!

Neil Uttamsingh

ps: Remember, I am an experienced Real Estate Investor and Licensed Realtor.  I help people like you buy your first rental property.  If you are interested in buying Toronto real estate, Ottawa real estate, Brampton real estate, Hamilton real estate, Richmond Hill real estate, Oakville real estate, Mississauga real estate, North York real estate, Kitchener real estate, or Brantford real estate, send me an email at NEIL@FIRSTRENTALPROPERTY.COM and I will help you get started in the right direction !!

Hi Friend,

I hope you are doing well.

One night can change your life or be a complete waste of time.  Whether you experience the change or you misuse your time is entirely up to you and no one else.

When I was first starting out as a real estate investor, I was obviously looking for advice on how to buy a rental property.  Initially, I was never a part of any real estate investment monthly workshop like the Landlord Bootcamp For Beginners.

I was able to navigate things on my own at the beginning and ended up purchasing Oakville real estate, Hamilton real estate and Toronto real estate.

Today things could not be easier for the new real estate investor.  There are lots of quality real estate investment groups that exist that provide support and guidance to the new real estate investor.

If you reside in the Greater Toronto Area, the following real estate groups are ones you should consider joining if you are looking to purchase your first rental property.

Thornhill Wealth Forum

Real Estate Investment Network

Landlord Bootcamp For Beginners  ( I run this group, along with a few key Team Members)

A word of caution to you.  These groups are for serious action takers.  If you are looking for a social night out, you are better served by attending  a local pub in your area.

 I have a Beef To Pick

My beef to pick is as follows…

I have noticed over the course of the past 7 years as a real estate investor that the majority of people that attend Real Estate Investment Workshops do so as if they were on a ‘social night out’!

Most people attending these workshops don’t take them seriously.  They don’t soak up all the information there is to offer at these events.  They attend meeting after meeting after meeting, but never end up taking any action and buying a rental property.

Even better, I have observed people who become members of several real estate investment groups.  Each of these groups could have a meeting once a month.  Therefore, there are people who are ‘new real estate investors’ who are attending several meetings each month, month after month and year after year, without taking any action…

A word of caution if you fit the profile of the ‘new real estate investor’ I described above…

Stop joining real estate investment groups!

Pick ONE group that you find is very valuable and stick to it.

One valuable real estate investment group is all that you need.

When you do attend these monthly sessions, take on a proactive role and not a reactive role.

Meaning, come prepared with questions that you would like to have answered.

Make it your goal to speak to experienced real estate investors during the session and get your questions answered!

If you are serious about getting started, don’t delay!

Join a quality real estate investment group and attend the meetings with your OWN agenda.  Get your questions answered and gain the support you need in order to help you take action and buy your first rental property.

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: Remember, I am an experienced real estate investor and Licensed Realtor.  I help people like you buy their first rental property.  If you are interested in purchasing Oakville real estate, Hamilton real estate or Toronto real estate, send me an email at NEIL@FIRSTRENTALPROPERTY.COM and I will help you get started !!  🙂

Hi Friend,

I hope you are doing well.

I always enjoying meeting with experienced real estate investors, because I always learn a lot from them.

During a meeting I had recently with a very experienced real estate investor (40+ years of investing in real estate) , one quote stuck out in my mind from our conversation more than any other.

The quote he said to me was…

“Conservatism never hurt anybody”

Here is the context of the conversation I was having with the experienced real estate investor, when he said this quote…

Context

We were discussing the real estate market in the Greater Toronto Area, and it’s performance over the past 12 years.  The experienced real estate investor was confirming that over the past 12 years, the market has performed exceptionally well.  Further to the market performing exceptionally well, he envisioned that the market would continue to do well, however, at a much more reasonable and historical rate of return, and no where near the record highs of the past 12 years.

The expert investor went on to conclude that if your given real estate market is performing at or above the cost of inflation, this is a very good thing in the long run, as this is all you need.

Many, many people, especially young real estate investors living in the Greater Toronto Area have become used to a real estate market in which prices rise at a rapid rate.  According to the experienced real estate investor, this is not reality, and a more balanced market where prices rise at a lower rate is much more sustainable.

We then spoke about markets in and around the Greater Toronto Area that have been performing at a much more balanced level.  These have been levels that have been equal to or just slightly above the cost of inflation.  He concluded that these types of real estate markets can be very beneficial to the long term real estate investor, as you are able to make money in these markets if you invest for the long term.

In Summary

“Conservatism never hurt anybody”

In my mind, this quote means, that you do not have to hit it rich when you buy your first rental property.  Take calculated risks that will benefit you.  Don’t take on too much risk.  If you do, you could lose everything.  After all, slow and steady wins the race…

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: Remember, I am an experienced Real Estate Investor and Licensed Realtor.  I help new real estate investors like yourself purchase your first rental property.  If you are buying Oakville real estate, Hamilton real estate, or Toronto real estate, send me an email at NEIL@FIRSTRENTALPROPERTY.COM and I will help you get started!!

Hi Friend,

I hope you are doing well.

If you are interested in buying your first rental property, and have not done so already, you will benefit by reading this post.

There may be many factors that are holding you back from buying your first rental property.

When I first started out as a real estate investor, it took me about one year of doing research and asking questions before I took the leap and bought my first rental property in Oakville, Ontario, Canada.

I have since gone to purchase Oakville real estate, Hamilton real estate and Toronto real estate.

In an effort to help shed some light on why you have not bought your first rental property yet, here are 5 reasons that are holding you back:

1) A Lack of Education

You may know a little about real estate investing, however you don’t know enough.  You read some blogs here and there, but that is where your education ends.  For most new real estate investors this is not enough.  You need to start to talk to people who own rental properties and learn about their experiences.  This action will push you over the edge, so that you feel comfortable enough to buy your first rental property.

2) You Are Not A Member Of Real Estate Investment Groups

Real Estate Investment Groups are the perfect place to meet people who own rental properties.  At these groups, you will find experienced real estate investors as well as real estate investors who have *just* purchased their first rental property.  It has been my observation that real estate investors attend these groups for support.  If you are to become a real estate investor, having support is essential.  You need to have people that you can go to, to ask advice on real estate matters.

If you are not a member of a real estate group, you need to join one.  If you live in the Greater Toronto Area, consider attending my monthly Real Estate Workshop called, Landlord Bootcamp For Beginners.

 3) You Do Not Know A Good Mortgage Broker or Mortgage Specialist

Financing is one of the most important topics that you need to understand when you are buying a rental property.  Everyone’s personal financial situations is different.  Depending on your situation, you may need to consult either a Mortgage Broker or a Mortgage Specialist. If you are in the Greater Toronto Area, the mortgage broker you should contact is Kevin Boughen and the Mortgage Specialist you should contact is Chester Yu.

 4) You Are Not Associating Yourself With the Right People

People are either positive or negative.  Which are you?  This is an important question to ask.  An equally important question to ask is, what about the people that you hang around with the most?  Are they positive or negative?  So, so, so many times I remember hearing advice from people who did NOT own any rental properties.  They would be giving me unsolicited advice on whether or not I should be buying a rental property.  Since you are a new real estate investor, it is important for you to associate yourself with positive people who have experience owning rental property.  Never take advice from someone who has NOT accomplished something that you are trying to achieve.

 5) You Are Not Working With An Investment Focussed Real Estate Agent

A very common questions that new real estate investors ask is, “How do I find a rental property?”  The best answer for this is, “Work with someone who knows where to find rental properties”.  Lots of new real estate investors struggle at the beginning trying to find properties that they think would be a ‘good rental property’.  The truth is that, most new real estate investors have no idea where to begin their search for rental properties.  It is always best to work with a real estate agent that understand rental properties, as well as the market that you are looking to purchase a property in.  Working with someone like this will help you in the long run as it will make the process less frustrating.  The process will be less frustrating because real estate agents with knowledge of rental properties know which types of properties are suitable investments.  Most importantly, they will know where EXACTLY you will be able to find these properties in your market that you have chosen to invest in.

In Summary

If you are a new real estate investor and you have not purchased your first rental property, these 5 factors may be holding you back.  If you put in some effort and work towards overcoming these factors, you will be able to buy your first rental property.

Stay focused and committed!  You can do it!

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: Remember, I am an experienced real estate investor and Licensed Realtor. I help new real estate investors like yourself purchase your first rental property.  If you are interested in buying Oakville real estate, Hamilton real estate, or Toronto real estate, send me an email at, NEIL@FIRSTRENTALPROPERTY.COM, and I will help you get stated!