Thanks Matt. I am more of a number guy and just watching this video gives me fuel to get into the game. I am now binged watching every single Kasey videos because his attention to numbers is just an art :-p
MATT, please do a video on the specifics of applying for the Canada Federal Government RRAP (Residential Rehabilitation Assistance Program). Up to $60000/unit is available for structural, electrical, plumbing, heating, fire safety, kitchen and bathroom if you own older/deficient multi-family property renting at or below market median rent rate.
Kasey... how did you scale from the first unit in toronto to this empire? Can you guys do a video on how that occurred and what specifically you do to attract JV's or get to that level?
Would you include any initial refurbishments in the repair and maintenance cost for the projections spreadsheet? or do you make a capex/opex different calculations?
Really depends. Are you going to take on JV partners, what sort of property and what condition it's in, and what your plan is with the property as well!
there's a fire you're there? doing what? messing up the firemen work? haha, let them put out the fire. stay home. call insurance, get an insurance inspection for yesterday. that's what you can do. there's no upside of going to watch the firework other than getting all worked up yourself. (i'm nowhere near as experienced in RE as Kasey Wight but I totally disagree with that one hehe)
Hey matt I sold my house in November 2019. Pocket 70k in profit. Bought 2 houses one in April 2019 which is townhouse from builder for 400k, and will be ready in April 2020. Second one I bought in July 2019 which is single for 750k from builder as well, which will be ready by October 2020. I already deposited 30k for townhouse and 45k for single and still have 70k of my own profit money in account that I made from selling my house. I work for federal and make around 80k year. Credit score is bit low at 640. No debt at all except a $15k car loan. I am from Ottawa and going to buy townhouse as investment property and single house as my future resident. Currently I am living with my parents. My wife also works for federal not as full time employee. my wife makes around 60k year and working as contractor. What's the best and easiest way to get approved for both properties without any hussel. Thank you
Network with investors and mortgage experts in the investing industry. Try get a co signer for the loan, and get them to sign for you. Come up with 20% down payment to get approved with mortgage insurance. Hope this helps You.
I have the 20% down for townhouse as well as I do have the co signer. Also I spoke with few lenders and they all said no problem. But as of my past experience sometimes they keep you in the dark till the last minute and then come up with some last minute demands and sometimes those are hard to met. also I would like to know that after the closing of my townhouse/investment property when can I asking the lender to withdraw the 80% of equity.
@@CanadianRealEstateChannel i found a old tv series called income properties. where a guy goes to families and helps them make money on their homes by adding an income property in the basement or making an apartment being rented for 800 dollars a month worth 1000 dollars a month. maybe you could do your own variation of this. have people send in there financial situation, what their goals are and you show how its done with a viewer and help him step by step along the way. i know you teach coaching and stuff but seeing it done for someone who was a viewer just like everyone else watching this could be something inspirational and i feel would get a good amount of views depending on how its titled
Those sleazy commercials help support this channel and the tons of time it takes to put this info together for everyone here learning. Don't get me wrong I don't want to watch commercials either but this is free content that's helping us with real estate investing
Amazing breakdown and the confidence KASEY! Thanks for the video Matt.
Awesome! Glad you got value - what should we talk about in the next video!
MATT makes these valuable. Without his questions, it would not be nearly as good.
YES! Another Kasey Video 🔥🔥🔥
Thanks! Really appreciate the support!
We love kasey
What should Kasey & I talk about in future videos!
Raising capital. How to find off market deals
We love Casey
Thanks for watching!
i love this guy
Great video, very informative
Thanks!
Love Kasey, Like the confidence he carries.
🔥🔥🔥
Yes, I like Kasey. Thank you guys.
Thanks Matt. I am more of a number guy and just watching this video gives me fuel to get into the game. I am now binged watching every single Kasey videos because his attention to numbers is just an art :-p
Casey is awesome. Hard work and intelligence
So what is the down payment on apartmets ?
Real estate is passive when you hire a good property management team.
💯
Is Kasey’s background in real estate?
How many properties do you own?
MATT, please do a video on the specifics of applying for the Canada Federal Government RRAP (Residential Rehabilitation Assistance Program). Up to $60000/unit is available for structural, electrical, plumbing, heating, fire safety, kitchen and bathroom if you own older/deficient multi-family property renting at or below market median rent rate.
is the RRAP a loan or a grant
@@biginvestmentsinc25 forgivable transferable loan
How would you set up a trash removal for large multi-family homes?
Great job again Matt and Casey!
Love that gold nugget about insurance
Hey Matt:
I’d like to see a video with Casey on how he finds and closes off market deals.
Another Kasey Wong video!? 😲😲😲
Another one! Trying to give everyone what they want and early Christmas Presents (MOAR KASEY)
Kasey... how did you scale from the first unit in toronto to this empire? Can you guys do a video on how that occurred and what specifically you do to attract JV's or get to that level?
Would you include any initial refurbishments in the repair and maintenance cost for the projections spreadsheet? or do you make a capex/opex different calculations?
How much $$ is needed to start ?
Depends on the deals out there
Really depends. Are you going to take on JV partners, what sort of property and what condition it's in, and what your plan is with the property as well!
Way to go, Matt. 50k! Also a great video.
there's a fire you're there? doing what? messing up the firemen work? haha,
let them put out the fire. stay home. call insurance, get an insurance inspection for yesterday. that's what you can do. there's no upside of going to watch the firework other than getting all worked up yourself.
(i'm nowhere near as experienced in RE as Kasey Wight but I totally disagree with that one hehe)
So end of the day after taxes on investment income what % of return would you expect.
Cash on cash.
Matt forget real estate. Just start a sock company.
😂😂😂
Shhhhh - don't give away my master plan. 😂😂😂
The Chicken dragon strikes back
ha ha LOVE this comment
Hahahahah
Hey matt I sold my house in November 2019. Pocket 70k in profit. Bought 2 houses one in April 2019 which is townhouse from builder for 400k, and will be ready in April 2020. Second one I bought in July 2019 which is single for 750k from builder as well, which will be ready by October 2020. I already deposited 30k for townhouse and 45k for single and still have 70k of my own profit money in account that I made from selling my house. I work for federal and make around 80k year. Credit score is bit low at 640. No debt at all except a $15k car loan. I am from Ottawa and going to buy townhouse as investment property and single house as my future resident. Currently I am living with my parents. My wife also works for federal not as full time employee. my wife makes around 60k year and working as contractor. What's the best and easiest way to get approved for both properties without any hussel. Thank you
Network with investors and mortgage experts in the investing industry. Try get a co signer for the loan, and get them to sign for you. Come up with 20% down payment to get approved with mortgage insurance. Hope this helps You.
I have the 20% down for townhouse as well as I do have the co signer. Also I spoke with few lenders and they all said no problem. But as of my past experience sometimes they keep you in the dark till the last minute and then come up with some last minute demands and sometimes those are hard to met. also I would like to know that after the closing of my townhouse/investment property when can I asking the lender to withdraw the 80% of equity.
kasey is a tru og
Kasey is fantastic! What should we talk about next?
@@CanadianRealEstateChannel i found a old tv series called income properties. where a guy goes to families and helps them make money on their homes by adding an income property in the basement or making an apartment being rented for 800 dollars a month worth 1000 dollars a month. maybe you could do your own variation of this. have people send in there financial situation, what their goals are and you show how its done with a viewer and help him step by step along the way. i know you teach coaching and stuff but seeing it done for someone who was a viewer just like everyone else watching this could be something inspirational and i feel would get a good amount of views depending on how its titled
Those interrupting commercials are soooo sleazy. Casey get your own channel please.
Those sleazy commercials help support this channel and the tons of time it takes to put this info together for everyone here learning. Don't get me wrong I don't want to watch commercials either but this is free content that's helping us with real estate investing
When is the next mansion event I need to step up my networking game
Message Matt @mattmckeever85 on insta or @jeffwybo
Checkout cashflowtribe.ca
WLK!