Congratulations Nik,
Both my wife and I are full time teachers here in Labrador City but we use real estate investing as our hedge to the future. Like yourself, we continue to use appreciation in properties to provide the initial downpayment for properties, thus no pressure with finding cashflow properties. As you have stated, building an investing team consisting of a Realtor who "gets it", a lawyer who looks out for your best interests (well compensated) and local management teams (we prefer husband/wife combos) is a must.
I challenge you to continue to work as hard as you have done in year one and make it 2 million in year two.
Fraser Drover
droverproperties.ca
Both my wife and I are full time teachers here in Labrador City but we use real estate investing as our hedge to the future. Like yourself, we continue to use appreciation in properties to provide the initial downpayment for properties, thus no pressure with finding cashflow properties. As you have stated, building an investing team consisting of a Realtor who "gets it", a lawyer who looks out for your best interests (well compensated) and local management teams (we prefer husband/wife combos) is a must.
I challenge you to continue to work as hard as you have done in year one and make it 2 million in year two.
Fraser Drover
droverproperties.ca