Semi tri or semi quads are interesting. If you have a 60’ lot and the property is tenanted what options do you have? Would the first step be to get the permits and designs because that is lengthy then work with the tenant for the construction afterwards?
The good time to buy is always when price and terms meet your goals and objectives, relative market price alone isn’t really relevant if those things are met.
Of course, my business relies on people buying and selling properties. Every day properties are being bought and sold. Every day investors are making (and some losing) money on deals - that is the nature of a capitalist world we operate in. I think now is a great time to buy for those that can find deals/properties that get them closer to their long term goals without a disproportionate amount of short term risk. I am buying properties in every market lol..
Hey Guys m, thanks for answering my question about Bracebridge. Lots of good insight. When you would want to make a move into the Multi Family Building and look to get A lending would you start a corp. to do this or would you still be doing this personally? Thanks again
I’ve done it either way. Realistically, whatever gets you the better terms at the moment is going to be ideal. You’re not likely getting any tax benefit etc from owning it personally when it’s a Multifamily, so it’s really dependent on what terms you can get with your mortgage agent.
@@CanadianRealEstateChannel Same. Corps offer things that owning real estate personally does not, relating to tax and liability mainly. If you are going to own your real estate for quite some time and are likely to grow/add more to your portfolio it is likely beneficial to explore a corp structure. Consult with lawyer, accountant on the cost/benefits of that, then discuss with a mortgage professional so they can advise you on the implications of lending to corps vs individual people. THIS IS NOT LEGAL ADVICE :)
Some dumb thing they made up. Watch their old videos. They are agents, always pushing good time to buy. If you listened to them in 2022 you'd be bankrupt now
@@lauramagyar204 Thanks Laura. I am jealous of the amount of info available, here in Barbados there is no MLS or other easily accessible source of information.
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Semi tri or semi quads are interesting. If you have a 60’ lot and the property is tenanted what options do you have? Would the first step be to get the permits and designs because that is lengthy then work with the tenant for the construction afterwards?
Create a ADU duplex in the back. First step to get a design done by a licensed designer to create the plan and submit to the city
You can do a lot with that! I'd recommend reaching out to Zach direct.
You mentioned a Real Estate meetup, can you share link please.
Following up on this. Great informative videos
This guy always saying great time to buy like typical realtor at the peak and now
The good time to buy is always when price and terms meet your goals and objectives, relative market price alone isn’t really relevant if those things are met.
Of course, my business relies on people buying and selling properties. Every day properties are being bought and sold. Every day investors are making (and some losing) money on deals - that is the nature of a capitalist world we operate in. I think now is a great time to buy for those that can find deals/properties that get them closer to their long term goals without a disproportionate amount of short term risk. I am buying properties in every market lol..
Hey Guys m, thanks for answering my question about Bracebridge. Lots of good insight.
When you would want to make a move into the Multi Family Building and look to get A lending would you start a corp. to do this or would you still be doing this personally?
Thanks again
I’ve done it either way. Realistically, whatever gets you the better terms at the moment is going to be ideal. You’re not likely getting any tax benefit etc from owning it personally when it’s a Multifamily, so it’s really dependent on what terms you can get with your mortgage agent.
@@CanadianRealEstateChannel Same. Corps offer things that owning real estate personally does not, relating to tax and liability mainly. If you are going to own your real estate for quite some time and are likely to grow/add more to your portfolio it is likely beneficial to explore a corp structure. Consult with lawyer, accountant on the cost/benefits of that, then discuss with a mortgage professional so they can advise you on the implications of lending to corps vs individual people. THIS IS NOT LEGAL ADVICE :)
Hi guys ,I am looking for an investor friendly realtor from London, On .Any recommendations??
I can help you out, reach out to me at @adamjdmartin ! Cheers.
For a new viewer can you explain the spicy ratio?
Some dumb thing they made up. Watch their old videos. They are agents, always pushing good time to buy. If you listened to them in 2022 you'd be bankrupt now
It’s the list price/sales price ratio -
@@lauramagyar204 Thanks Laura. I am jealous of the amount of info available, here in Barbados there is no MLS or other easily accessible source of information.
@@TarikBrowne yes, being able to follow the market trends and creating stats it’s crucial when you buy or sell.
That can be tough. The data is so useful in making informed decisions. Is there at least a way to see what properties sold for ?
Modern condos are too small. No more 3 bedrooms. Only one beds and studios being built.
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