Severe Lack of Housing Increases Investor Competition in Waterloo Real Estate Market
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- Опубліковано 31 тра 2024
- 'We need inventory. There's a severe lack of inventory specifically for multiunit properties & investment properties that are priced realistically. It is hard to find good deals out there.'
In today's video, our host Adam JD Martin back he sits down with our Waterloo Region Realtor Investor Expert Zack Brittain of Phipps Brittain Real Estate where they cover the latest market stats, key local trends and the severe lack of housing inventory in the region.
Zack also does an indepth break down of how to underwrite and analyze properties to get ahead of the increased competition due to the severe lack of multi unit and investment properties in the region.
INVESTOR HOT LIST REGISTRATION: phippsbrittainrealestate.com/... Select "Investing" in the drop down!
For more information on the Waterloo Region Real Estate market contact Zack Brittain via email at Zack@phippsbrittain.com
Check out more great content and Waterloo Market Updates with Zack Brittain & the Phipps Brittain Real Estate Team here - • Zack Brittain - Waterl...
Did you see the March Ontario Market Update feat. Zack and our other local Realtor Investor Experts?! Watch it here:
You Won't Believe What's Going on with Ontario Real Estate! - • You Won't Believe What...
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Website - www.adamjdmartin.com
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Who is Zack Brittain?
Zack Brittain was raised in Kitchener and started in real estate in 2016 after studying financing and economics at the University of Guelph. In 2018 Zack partnered with fellow realtor and longtime friend Matt Phipps to start selling and investing in real estate together as Phipps Brittain Real Estate. With experience in investment analysis, stock market portfolios, and previous exposure to real estate investing through family, the transition to real estate was natural.
Helping clients to purchase and sell real estate at a high level allows Zack to stay updated on market trends as well as opportunities. Zack and Matt at Phipps Brittain Real Estate help clients purchase and sell their homes as well as helping them to start and build their real estate portfolios. With a client-first approach, Zack and the team have grown their business and real estate portfolio every single year.
Starting with successful projects in duplex conversions and single family flips, Zack and his team have progressed into multi-unit investments and larger renovation projects in order to grow within the Waterloo Region real estate space. In the future, Zack and his team are focusing on new opportunities with garden suites, construction, larger multi-units and more!
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0:00 - Introduction
0:50 - Welcome Zack Brittain
3:09 - What We Will Cover
4:16 - Waterloo Region February & March Market Stats
8:51 - Key Trends
12:43 - Looking for Deals in Waterloo Region?
13:55 - Analysis & Underwriting
25:13 - Make Deals Sexy
30:43 - Reality of Raising Value
35:05 - We Need Inventory
#Waterloo #WaterlooRealEstate #CanadianRealEstate - Розваги
@Adam, at 18:10 in the video, you mentioned the website link for your calculator is in the video description. Please can you confirm if it's truly in the description? I regularly watch your videos & haven't found your calculator link yet. Thanks
Sorry about that! Description has been updated (Peter's fault) lol
Adam's Calculator - www.adamjdmartin.com/ under the 'LEARN' tab!
@@CanadianRealEstateChannel you guys are the best! Thank you so much! Thanks Adam!
I bought a house in Cambridge two years ago. 3 bedrooms house. I made the small sewing room another room. Also made another room in the basement. Rent out the garage. Also rent a shed. House hacking done with motivation from UA-camrs. Wouldn’t have been able to buy a house without doing so.
That’s so awesome Corey. We love comments like this. Congrats on taking action 🤜
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I’m not a vegan. But you have to try vegan donut specialty shops in Toronto. Not sure what these are made of but crazy good.
Really?!! Do you have a favourite for us?
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I learned that in the competitive Waterloo real estate market, finding and creating value is crucial. BTW - Would love to have you join our community of UA-cam Thought Leaders where we help each other grow our channels.
Absolutely got to find value! Cheers, @adamjdmartin