Really interesting! Excited to take some stock market gains and begin building my real estate portfolio. Appreciate you sharing the knowledge with us fellow Canadians 🔥
Awesome you're investing and able to diversify! You can be active and force appreciation with your real estate assets. The control can be a nice and diversification can be beneficial too!
Can you break down the expenses further? Do you have separate meters for each suite? What about ongoing maintenance and capital costs? I find people underestimate these numbers...plus how long from purchase to fully rented (estimated and actual)
What is the formula you are using to determine how much you get back after refinancing?I thought it was 80% of the forced appreciation value minus your total equity. In this case, 80% of $1,100,00 - $292,000 (your down payment plus renovation). Thanks, Im just a little confused how you ended up with only $117,460 down from $292,00.
For your expenses, how do you maintain such low cost? What is the cost for property insurance? If it is around 100$ would you be able to share the company name. Thanks for sharing and those updates are nice, the tenants will surely be pleased.
Hello Ferdinand, thank you! We're glad you're enjoying the videos. Please feel to contact us (email in description) so we can connect and answer your questions. All the best,
When getting the mortgage, does the lender assess the owners debt service ability as well? How can you keep refi? Wouldn’t that the owner won’t be able to service it? Would you please elaborate that? Many thanks!
Love it guys!! Love these breakdown videos
Really interesting! Excited to take some stock market gains and begin building my real estate portfolio. Appreciate you sharing the knowledge with us fellow Canadians 🔥
Awesome you're investing and able to diversify! You can be active and force appreciation with your real estate assets. The control can be a nice and diversification can be beneficial too!
Can you break down the expenses further? Do you have separate meters for each suite? What about ongoing maintenance and capital costs? I find people underestimate these numbers...plus how long from purchase to fully rented (estimated and actual)
Hello Cindy, please feel free to email us (email in description) so we can connect about your questions. Thank you
Great content, love the breakdown you guys👊
Thank you!
How do you estimate Reno cost accurately. A walk through with a contractor? Also was it an off or on market deal
Hello Kesan, please feel free to email us (email in description) so we can connect about your questions. Thank you
Love it, thx guys
Always love when I see Canadian content !
Is there any chance for you to talk about vendor Take back mortgages
Thanks boss! VTBs are rare in our local market and for this size of deal. This YT channel has some VTB videos check out their stuff!
Great video Zack and Matt!!!
Awesome working with you on these!
Thanks for sharing. I'd like to do my basement. 👌🏿.
Do a vid on best markets to BRRR below 700,000$
What is the formula you are using to determine how much you get back after refinancing?I thought it was 80% of the forced appreciation value minus your total equity. In this case, 80% of $1,100,00 - $292,000 (your down payment plus renovation). Thanks, Im just a little confused how you ended up with only $117,460 down from $292,00.
For your expenses, how do you maintain such low cost? What is the cost for property insurance? If it is around 100$ would you be able to share the company name. Thanks for sharing and those updates are nice, the tenants will surely be pleased.
Hello Ferdinand, thank you! We're glad you're enjoying the videos. Please feel to contact us (email in description) so we can connect and answer your questions. All the best,
What is your interest rate on mortgage?
We got this one with 20% down A lender - low 1%'s ;)
👏👏👏
Can you share the contact for the contractor who do your renovation please? Thanks
Doesn't the bank give you a margin call after you refi and prices drop?
Is this done through a real estate holdco? Does the owner need to provide personal guarantee? Does the holdco need to have 3 years operating history?
When getting the mortgage, does the lender assess the owners debt service ability as well? How can you keep refi? Wouldn’t that the owner won’t be able to service it? Would you please elaborate that? Many thanks!
@@theshowgoeson6814 Hello, please feel free to email us (email in description) so we can connect about your questions. Thank you
Will you get 1600 Rent for 1 Bedroom??