Investing in Winnipeg Real Estate Flipping with Damon Woodward
ฝัง
- เผยแพร่เมื่อ 15 ก.ย. 2024
- Matt McKeever travels to Winnipeg to learn about Winnipeg real estate, and learn from a group of local investors who primarily focus on flipping real estate.
If you want to shoot a video with Matt about your real estate portfolio - dm him on Instagram @MattMcKeever85
Thanks to Damon Woodward for spending the time with us to discuss this project.
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FIREpreneur: A person who has reached (lean) FIRE and uses this freedom as a springboard to operate a business or organization, taking on no significant risk (due to lean FIRE).
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Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On this TH-cam Channel Matt discusses a variety or real estate and personal finance strategies and tactics. Including: How to BRRRR Real Estate, The Importance of Investing for Cash Flow, How to Reach Financial Independence Retire Early, Safe Withdrawal Rates, Frugality and Reducing Personal Consumption & Embracing Minimalism.
Matt began investing in real estate at age 25 by purchasing a student rental near Fanshawe College.
LOVE the direction you are taking for this channel. Keep it up !!!!!
That means a lot! Thanks
Hi Matt. Welcome to Winnipeg's Elite group of 30k millionaires 👍
Thank you Matt mckeever and Damon
Thanks Noel!
Awesome video Matt! Winnipeg seems like a very interesting market to apply multiple investing strategies!
What a pole smoker, bypassing his own agent and letting the listing agent double end it. Glad he likes to think people love to work for free.
if the agent brings you a deal they get the commission, if you find your own deal and can negotiate on your own why would your agent get that sale? he said hes buying 12 homes this year so I'm sure his agent will bring him some deals and he will find some on his own. its different than a regular home buyer trying to find a home to live in, they find somehing and then the realtor needs to still hold their hand throughout the process.
@@rdk2086 no loyalty. You get what you give. You give the loyalty, you'll get the best deals. Be a pole smoker, get the deals that are left over from the agents good clients. Good luck!
@@andrewmcgibbon5444I absolutely understand your position, but if you're in the market and buying at high volume, you're still giving your agent over 10 houses a year that's amazing business and if you're busting your ass going to find your own deals then yes you should also get paid and not work for free.
Real Estate agents are just thieves. Over paid, uneducated. Just like car salesmen.
Why would you pay all cash? Doesn't make any sense when the primary benefit of real estate investing is leverage. I can understand if the interest rates were 20%, but in today's economy you can get financing from the big bank under 2%.
The interior renovations look nice!
Winnipeg! Looking forward to learning more about this market.
Kellan - Real Estate Investing / Landlording me too!
White subway tile is so versatile. Looks good as a backsplash
Never heard much about the Winnipeg market- this should be interesting !
Yeah seems great. Similar to London/Windsor in many ways
I’m in upstate New York, US. The market seems fairly similar to where you are. I’ve been working on my second rental for the past six months by myself, so I definitely get the dont be a lone wolf vibe. Also I’ve made all the beginner mistakes. From getting ripped off by the contractor, to poor time management.
Surround tub wall = cheap, what else the flipper will cut corners to maximize profit. Insulation? Wiring? Roof? Flooring?
come to sudbury :) ! the numbers are insane and i'll do a walk through of my student rental. Full time student/ full time traveler/ single mom....common we can all do this if i can LOL
That’s awesome!
We’re actually looking at going to Sudbury mid May.
Dm me on instagram and we’ll schedule a meetup and video!
how is the sudbury market? I was looking into that
Nice video !!! Will he be coming to OREC ?????
He’s hoping too
@@CanadianRealEstateChannel Lets get him out to London
Awesome video! I live in Beunos Aires, where the rent is ridiculously low for the price of apartments (about 500 dolars a month por a 170.000 dolar apartment) could that problem present some kind of creative opportunity for investment?
You could rent a house out room by room with lower rent, but the combination of all the rooms being rented would be higher than just renting to one person for the month.
Another idea is you rent out a house and rerent it by the room or on Airbnb for more than the cost you’re paying to rent it
Matt McKeever awesome idea! Thanks!
I think you might have made a vid on this but im having trouble finding it...at what point Matt did you stop buying properties under you as a person and start buying them under your business/corporation
After renovation how much will it be rented out ?
FIRST
Insider knowledge!
🏆
@@KellanJames Its a conspiracy
The Tub surround looks like shit.