FIRST PROPERTY BRRRR | How To Maximize Cashflow + Lane Way House Addition in Peterborough, Ontario

Have you considered investing in the Peterborough, Ontario Real Estate Market?
In today's video we have Mitch Cleary, our local expert in the Peterborough Region, on the channel with one of his clients/friend Nick Hill AKA My Buddy Nick and they give a tour of his very first property he acquired, what he's doing to BRRRR the property as well as potential for a lane way suite and much more!
Mitch grew up in Peterborough Ontario, where he spent most of his early life employed by his families second generation home building business. Growing up in an environment where work life, and the dinner table talk consistently centred on local real estate markets, construction, and development, all helped build the foundation that started Mitch's real estate career.
After receiving a degree in architectural technology, Mitch spent several years working for the family business full time doing site supervision. After seeing first hand how the 2007/ 2008 credit crisis affect the family home building business, Mitch became fascinated with understanding credit cycles and the underpinnings of asset booms and busts. With a strong understanding of how homes are built, and whats going on in his local market, Mitch loves helping guide new clients in the right direction with their real estate needs!
Email Mitch or find him on Instagram to book a call with Mitch and the Kamar-Cleary Team!
Follow & Connect with Nick Hill:
Instagram - / mybuddynick
E-mail - [e-mail]
Follow & Connect Mitch Cleary:
Instagram - / mitchcleary.realestate
Facebook - / mitchcleary.realestate
Website - www.mitchclear...
UA-cam - / @mitchclearyptbo
Follow The Canadian Real Estate Channel on Social Media:
Instagram - / canada_rei
Facebook - / canadianrealestatechannel
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🏡Real Estate in Canada:
🏡Looking for Private Off-Market Deals in Ontario? Click here - mattmckeever.c...
🏡Buying a Cottage in Canada? - www.cottagebuye...
✉️Email - [e-mail]
💁‍♂️Want to join my Wholesaling team - www.mattmckeeve...
📖FREE Wholesaling E-Book - mattmckeever.c...
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Videos:
🔴 How I Got Rich with Real Estate Investing - • How Matt McKeever Got ...
🔴 How I Got Started With Real Estate Investing - • How I Got Started With...
🔴 3 BEST Credit Cards For Beginners in Canada - • The 3 BEST Credit Card...
🔴 Why Buying A House is a BAD IDEA! Don’t buy a house to live in - • Why Buying a House is ...
🔴 BEST Ontario Cities for Real Estate Investing - • Best Ontario Cities Fo...
🔴 Quick Real Estate & Personal Finance Tips - • Quick Real Estate & Pe...
🔴How To Retire Early - • F.I.R.E Yourself - How...
🔴Matt McKeever & Graham Stephan - • Graham Stephan & Matt ...
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Financial Independence
►My Podcast onfirepodcast.ca/
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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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Who Is Matt McKeever?
Matt McKeever is a CPA, CA and Real Estate Entrepreneur in London, Ontario. On his UA-cam Channel with over 70,000 subscribers and 4,000,000 views Matt discusses a variety of 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.
#Peterborough #PeterboroughRealEstate #CanadianRealEstate

[@daniel_foch]

How much value did Nick’s hair add to the house

[@mitchclearyPTBO]

People are starting to speculate that Nicks hair might be overvalued and could be due for a correction.

[@HungarianExperiment]

Great chat and info being dropped here! Thanks for sharing with us Mitch & Nick 👊

[@mitchclearyPTBO]

Great job on the filming and the edits!!!

[@HungarianExperiment]

🔥🔥🔥

[@CuthbertDownunder]

What was the purchase price?

[@mitchclearyPTBO]

If memory serves me correctly we reached an agreement right around $590,000.00

[@kakarotchundu8115]

That's awesome guys

[@JuanRuiz-gh7xh]

Gréât content 👏👏👏👏

[@df5649]

How is it cash flow positive if it's 3700 for 2 units? Don't get it

[@psychologicalfacts9292]

Great content....

[@mitchclearyPTBO]

Thank you, reach out if your ever looking in the Peterborough area!