Thanks to Angie for sharing her story! If you're a new investor, and you're in the London area - slide into my DMs on insta and let's do a video documenting your journey and experience becoming an investor!
Angie is a good friend of mine and has done wonderful work in real estate in a very short amount of time. Thanks to her, I was able to connect with some of the communities in London and have now purchased my first property to house hack and begin my real estate journey. Also, great to see a brief guestspot by Rolo :P
Probably the best channel I’ve seen on this stuff. As a single woman who has never done this before, Angie was a HUGE selling point in me subscribing to your channel AND getting alerts for new videos! Keep her as a regular. I’m about to follow her on IG, as well! Also, great questions you asked!
I decided this year to get into real estate too. The passive income always looked attractive and the down payment always turned me off. Until I realized the money from the down payment is still mine, it’s just in the property now instead of the bank. I started 2018 living in an apartment and am ending it with 1 sfh and three duplexes. We all start at zero. Awesome job Angie.
Hey matt what are the parts 1 through 4 that Angie is referring too @ 13:12 If you could link me or send me the title that be Huuuge thank you for your time :D
I think it's the goddamn time to say THANK YOU. Matt, THANK YOU. My wife and I are watching all your videos. It's always quality content, inspiring real-life investors and good advice. We were very interested in student rentals and all your recent videos with Jon Seguin, Dan Warren and now Angie, everything confirms student rentals are reliable investments. We were about to contact Dan this week and now we would be more than happy to contact Angie and learn more about her journey into student rentals. Thanks, Matt, from the bottom of our heart. Your channel is a blessing for us.
Thank you for this Matt and Thank you for sharing your story Angie. As a single woman looking ot get into realestate it feels a little intimidating. This is very inspiring to hear your story.
What sort of financing did you get for each property? 30yr fixed mortgage with 20% down and 4% interest rate or less down/higher interest rate? Any mortgage insurance?
Congratulations Angie. I hear you on keeping going instead of slowing down. My wife and I closed two multi family properties in 20 days Nov-Dec 2018. I am looking for our next deal.
Matt I'm 18 and I want to start investing in real estate in the near future. I took the year off of school and I don't know if I'm going back next year or not to be honest. Right now I have 31k CAD (I live in New Brunswick) saved up but I made it all online and it's not claimed income so that doesn't help me quality. I have five months to work right now before I go away to Europe for 4 months which will cost me roughly 8k-10k CAD so I have 5 months to work before I go away and I'm trying to pick up a second job so I can put in 50-60 hours a week and start making enough money to qualify for a mortgage. I want to start off with buying a triplex (around my area which is Moncton triplexs go for anywhere between 125k-220k depending on the quality of the neighborhood). Is there any advice you can give me? When I'm back from my Europe trip by the way I'll still have at least 20k in the bank left which is enough for a good down payment for a first time home buyer I imagine. How can I qualify for a mortgage as soon as possible? Because I have no credit yet ( need to be 18 to get a credit card in NB ) my grandmother who has pretty good credit is willing to cosign on a mortgage for me, is her cosign enough to get me approved for a mortgage after I have a year of income to show the bank I can afford a house. Does it need to be 2 years of income to prove to the bank I can afford a house? I'd love any information possible because no one in my family can help me with this subject.
Hey man check my channel out I have several videos that may help you. But yes with someone else consigning it MAY be possible to get approved. Especially if your market is experiencing positive or negative change. Lenders may relax rules to make sales. But be careful not to buy something you can't afford.
Hi, how fast do you try to pay off each mortage? And how can you only pay 5% down? If you only pay 5% down, how long does it take to pay off the mortgage?
Depends on your income, but you should be using the rental income to pay off mortgage. 5% down is way too low and u will be paying PMI. You should be putting at least 20% down.
Angie is crushing it! And I think a big part of it was her commitment to networking and learning from others. Starting in 2018 - she started showing up to all the London on fire meetups and REAL meetups in London. Networking, Networking, Networking - the fastest way to grow as an investor.
If you get a business loan for all of your properties, how is it possible to add more units to your portfolio still if you personally can't afford them? Having tenants in every property 24/7/365 doesn't seem realistic.
Very Impressive! What city are these properties in? How did she qualify for and get financing for these properties so quickly? Did she use JV's and did they do the mortgage qualifying? I have a few also, but now having issues getting more mortgage qualifying. May need to diversify to different cities./ province and start using JV's. I thought I was maxed out with units, but she has inspired me to continue.
Each market is different - but usually walking distance is a good metric - if you can walk to the school in under 10-15min - it's usually a safe bet investors will be interested.
Thanks! Glad to hear you got value from it! We'll be having more Angie on the channel in the near future! She's continued to crush it since this interview!
Yes, we're currently looking at expanding similar strategies to Michigan and Idaho - but I think it'd apply to any market with a large enough student population and reasonable housing costs
Easy calculation. 1% of the purchase price should equal the rents that you receive on a monthly basis. Easy example. Property is worth 100,000$, you should be looking to get 1000$ / month in rent for that unit. Its used as a guidance tool to filter out bad deals and deals that will not cashflow well.
Hey Matt, love the channel have been watching your videos non-stop especially with Uncle Kasey lol you've inspired me to get my first student rental in Peterborough ON and I'm taking possession of it in a couple months. Quick question about home owner insurance: Do I need insurance specific to student rentals? How much do you typically pay for your rentals and any good recommendations? Really appreciate it
Is this a legal basement suite？always puzzles me it seems a lot of student rentals are renting out illegal basement to students. Isn't that a huge safety and legal risk by doing so？In Calgary at least, there had been case in which the illegal basement caught a fire and the students living in it cant escape and died. Anybody has opinion on this？Thanks.
HI Kurt - so from everything I saw this basement suite was legal. Legal ceiling height, egress windows, legal # of bedrooms for our municipality/city etc. One thing I talk about all the time on my channel is - pretty much anywhere on the continent of North America - within a 4 hour drive is a market that will meet the 1% rule. I'm sure Calgary would fit that metric too. At the end of the day - you don't have to invest where you live, but if you want to invest where you live - you can always change where you live.
Dan Warren - on instagram @danwarrenvegan Dan's a great guy and crushing it with student rentals in London Ontario! Just don't try and butter him up with bacon or steak 😉
Great video Matt.. Angie's story is inspirational! The only thing i dont think i heard is how she financed those deals. Did she have the cash? Hard Money? Creative lending ideas? She didnt mention her funding strategy. otherwise great vid
Start by watching more of Matt's youtube videos. Lots of great content and gives good explanations. Make notes when watching his videos and get into the comments sections here. There are a lot of helpful people that will explain concepts to you with examples or refer you to links so you can learn more. Additionally BiggerPockets.com is a free resource for those interested in real estate. Check that out and join that community
Great video once again, Matt. I bought and am house hacking my first duplex in Madison Heights, MI thanks to your videos. Could you make a video about leverage? Many properties do you hold mortgages on? How many do you own outright? What percentage of your properties need to remain rented for you to cover your mortgage payments and expenses? What percentage of your properties need to remain rented for you to live ontop of that?
I bet the main banks didn’t finance any of these deal it has to be b lenders or private lenders to either acquire 3 property in the short amount of time an must have a good debt ratio or someone help her get financing
I know several investors that have similar stories and they all used A lenders... Kellan the co-host of the OnFIRE podcast did the exact same thing. That being said - you don't have to use A lenders. But you are correct - having a strong debt to income ratio is helpful in qualifying for multiple mortgages.
Top of the market too but if she's holding for years that doesn't matter much. 8% ROI is not worth my time I can get that in the SP500 for zero work. Best to her though.
@@noblesimpson4336 I went cash 60% at 22K worried about a top and then the other 40% at 24K for same reason. So I've been all cash for awhile. I was speaking to the average return of SP500 not 2018.
Congrats Angie with your acquirements! Hope your RE Investing keeps growing for you. I'm a newbie looking to do my first deal. Having faith, knowledge and taking action will make it happen for me, hopefully soon. Is there a good mentor you can recommend?
You guys are lucky in Canada, in The Netherlands you have to have direct daylight in the living areas, otherwise it is a no go. A basement like that would never do the trick.
Matt McKeever thanks for replying Matt. Rules in Amsterdam are crazy, I am losing 10% income on one of my apartment buikdings, because the municipality (a bunch of crazy, ideologue socialists) have implemented all these crazy rules on the max amount of people you can have in an apartment. In the mean time Amsterdam has a major room shortage, but the only things they are doing is creating rules, which makes it worse. I have heard stories where perfectly ok rooms are left empty because home owners won’t get permission for more than four people. Be happy you live in Canada, a buddy of mine is actually moving to Canada, so I am showing him your channel and vids.
Thats interesting, but at the same time, at least from what I can recall in the Netherlands, there are not too many homes that are built with basements like this. More so cellar spaces that I am aware of. Kind of curious about this now
i set my plan on real estate since 14 ive been watching graham and then the video yall did together brought me to your channel a while back i wanna be like you with the tenants number but with properties like graham owns love the video keep it up
Love the video, thanks. But you did not ask the most important question: how did she come up with that much down payment in 6 months?? We bought rentals too and that was a lot of cash...there is no way around the 20% rule that I know of. Each one we must come up with solid cash...does she have a way around that? I thought our saving rate is high but her is way faster :) I love to know how she does it.
True but there is a way around the 20% for some like me. I plan to by a quad plex and live in one for two years. I'm also a veteran so would pay no down payment on the entire property. If you live in the property you can get downpayment to 10% or less in the States.
Thanks we put a lot of effort into producing these free videos trying to help teach people how to get control of their personal financial lives and comments like yours make it all worthwhile. 😆
Have you done a lot of research on it? My student rentals are some of the best cashflowing investments I have. Dan Warren and Dylan have both been on my channel and had serious success through student rentals - and recently I've been documenting Jon from Seda developments success with student rentals in Windsor.
i dont doubt the cashflow. im a student myself living in a student rental in belgium and when i see my neighbours i feel sorry for my landlord lol. maybe canada is diffrent. good luck matt i love your videos
Surprised you didn’t ask about her financing strategies and how she managed to go from 0-3 in half a year.
Thanks to Angie for sharing her story! If you're a new investor, and you're in the London area - slide into my DMs on insta and let's do a video documenting your journey and experience becoming an investor!
Hi Matt I emailed you a couple of times with no reply, whats the best way to get hold of you?
Angie is a good friend of mine and has done wonderful work in real estate in a very short amount of time. Thanks to her, I was able to connect with some of the communities in London and have now purchased my first property to house hack and begin my real estate journey.
Also, great to see a brief guestspot by Rolo :P
I just started investing in Real estate in November 2018 and I already bought and closed on 3 houses already in Cash no mortgages. Great Channel!
Congrats! What market are you investing in?
Florida and Michigan
I live in Florida and I travel to Michigan often.
Probably the best channel I’ve seen on this stuff. As a single woman who has never done this before, Angie was a HUGE selling point in me subscribing to your channel AND getting alerts for new videos! Keep her as a regular. I’m about to follow her on IG, as well! Also, great questions you asked!
I decided this year to get into real estate too. The passive income always looked attractive and the down payment always turned me off. Until I realized the money from the down payment is still mine, it’s just in the property now instead of the bank. I started 2018 living in an apartment and am ending it with 1 sfh and three duplexes. We all start at zero. Awesome job Angie.
where is the video series of "buried alive street" referenced 13:05
How do you pull more money out from purchase price mortgage for renovations ?
Hey matt what are the parts 1 through 4 that Angie is referring too @ 13:12
If you could link me or send me the title that be Huuuge
thank you for your time :D
Love it guys!!! Angie is a rockstar, thanks for featuring her Matt
Thanks!
Anyone know what 4 part series was she referencing at 13:10? Would love to check then out!
Thanks for the video but how on earth do you make any cash flow on a rental when only putting a small amount down.
I think it's the goddamn time to say THANK YOU. Matt, THANK YOU. My wife and I are watching all your videos. It's always quality content, inspiring real-life investors and good advice. We were very interested in student rentals and all your recent videos with Jon Seguin, Dan Warren and now Angie, everything confirms student rentals are reliable investments. We were about to contact Dan this week and now we would be more than happy to contact Angie and learn more about her journey into student rentals. Thanks, Matt, from the bottom of our heart. Your channel is a blessing for us.
Thanks Pierre-Henri for such a meaningful comment! I really appreciate it!
265? Like 265 thousand? 3:35 How many square feet is this house? How much per square foot? That seems 50k-65k too much.
Based on what metrics are you determining what value it should be? In the current market I’d estimate fmv as 300k+
Thank you for this Matt and Thank you for sharing your story Angie. As a single woman looking ot get into realestate it feels a little intimidating. This is very inspiring to hear your story.
I’m glad to hear you got value from this video! Thanks for the comment Nicole!
im 22 years old and looking to invest into my first rental property, extremely excited!
That’s awesome! Good luck
Nice job Angie great start and amazing progress. Keep up the awesome work!
What are the means of egress for those bedrooms in the basement or that’s not the code doesn’t exist in Canada?
What sort of financing did you get for each property? 30yr fixed mortgage with 20% down and 4% interest rate or less down/higher interest rate? Any mortgage insurance?
Congratulations Angie. I hear you on keeping going instead of slowing down. My wife and I closed two multi family properties in 20 days Nov-Dec 2018. I am looking for our next deal.
That’s awesome! Congrats
What are the names of those 4 part videos she is referring to? Thanks!!!
Matt I'm 18 and I want to start investing in real estate in the near future. I took the year off of school and I don't know if I'm going back next year or not to be honest. Right now I have 31k CAD (I live in New Brunswick) saved up but I made it all online and it's not claimed income so that doesn't help me quality. I have five months to work right now before I go away to Europe for 4 months which will cost me roughly 8k-10k CAD so I have 5 months to work before I go away and I'm trying to pick up a second job so I can put in 50-60 hours a week and start making enough money to qualify for a mortgage. I want to start off with buying a triplex (around my area which is Moncton triplexs go for anywhere between 125k-220k depending on the quality of the neighborhood). Is there any advice you can give me? When I'm back from my Europe trip by the way I'll still have at least 20k in the bank left which is enough for a good down payment for a first time home buyer I imagine. How can I qualify for a mortgage as soon as possible? Because I have no credit yet ( need to be 18 to get a credit card in NB ) my grandmother who has pretty good credit is willing to cosign on a mortgage for me, is her cosign enough to get me approved for a mortgage after I have a year of income to show the bank I can afford a house. Does it need to be 2 years of income to prove to the bank I can afford a house? I'd love any information possible because no one in my family can help me with this subject.
Hey. Dylan. I work for a lending company in Halifax normally bank requires 2 years if NOAs if ur income is fluctuating. Just FYI.
Danny Wang what does NOA mean?
@@DylanRoberts7 notice of assessment
Do you think it's possible to get by with one or is it really unlikely?
Hey man check my channel out I have several videos that may help you. But yes with someone else consigning it MAY be possible to get approved. Especially if your market is experiencing positive or negative change. Lenders may relax rules to make sales. But be careful not to buy something you can't afford.
What insurance do you recommend?
Does anyone know which 4 videos she is referring to?
How many properties is Angela up to now in March 2019? Need to do another video with her. Great for those just getting into the real estate game
Hi, how fast do you try to pay off each mortage? And how can you only pay 5% down? If you only pay 5% down, how long does it take to pay off the mortgage?
Depends on your income, but you should be using the rental income to pay off mortgage. 5% down is way too low and u will be paying PMI. You should be putting at least 20% down.
Is there a general rule of thumb on how to understand which area(s) of a particular city is hot as a renter’s market?
Hi Matt. How do I get started? Can you please help me
Great content. Congrats on being so successful so soon.
Angie is crushing it! And I think a big part of it was her commitment to networking and learning from others. Starting in 2018 - she started showing up to all the London on fire meetups and REAL meetups in London. Networking, Networking, Networking - the fastest way to grow as an investor.
What is the four part videos that she is referring to?
Where does the money one from to buy all these units ?!?! How much is she putting down ??
But where did she get her money from to start? And WHAT DOES SHE DO FOR A LIVING to back up her investments ?
If you get a business loan for all of your properties, how is it possible to add more units to your portfolio still if you personally can't afford them? Having tenants in every property 24/7/365 doesn't seem realistic.
Is having 3 or more mortgages stressful? How do you go about paying off the mortgages? Thanks!
What are the options to finance rental properties?
Very Impressive! What city are these properties in? How did she qualify for and get financing for these properties so quickly? Did she use JV's and did they do the mortgage qualifying? I have a few also, but now having issues getting more mortgage qualifying. May need to diversify to different cities./ province and start using JV's. I thought I was maxed out with units, but she has inspired me to continue.
How close does the student house have to be to the school to be optimal?
Each market is different - but usually walking distance is a good metric - if you can walk to the school in under 10-15min - it's usually a safe bet investors will be interested.
Love how she is reaching her goals in life and thanks matt for sharing 💪👍👍👍
Thanks! Glad to hear you got value from it! We'll be having more Angie on the channel in the near future! She's continued to crush it since this interview!
curious if this student housing can e done in the US. If not, what about US investors in Canada?
Yes, we're currently looking at expanding similar strategies to Michigan and Idaho - but I think it'd apply to any market with a large enough student population and reasonable housing costs
Most important. Where to come up with the money to purchase them
Check out the other videos on my channel
Financing question: Did Angie put 20% down on all of her properties (or at least on the first one?).
I believe she did, but do not know for a fact. Hopefully she can jump into the comment section at some point!
Chibuzor Alumba I’m also curious about how much she had to have down on each unit or how much cash on hand is needed to get on this path.
Hello Matt. Where do I learn about the one percent rule? Thanks
Easy calculation. 1% of the purchase price should equal the rents that you receive on a monthly basis.
Easy example. Property is worth 100,000$, you should be looking to get 1000$ / month in rent for that unit. Its used as a guidance tool to filter out bad deals and deals that will not cashflow well.
are sales ended for Orec2019, when I click details I cannot purchase tickets?
It’s a technical glitch - hoping to get it sorted out end of day Monday - sorry for inconvenience
How do you get access to mls? I searched online and it says you must have a real estate broker number or something like that. Thanks
Many investors use realtor.ca and mls interchangeably
Omg Matt Mckeever great interview questions, loved it.
Thanks!
Awesome video! Let’s you know anything is possible if you keep at it every day.
Thanks Matt and Angie for sharing!
Hi matt can u help me how to start real state investing in canada
Come out to some of our free meetup groups in London
When is was that free meet up in london can u tell me the date when thanks
Any recommendations on realtor and mortgage broker in the Niagara Region?
Jacob Perez for mortgage broker
Matt McKeever thank you !
Angie's got another amazing story - we've got some competition here! 😋
100% Agree - it's so awesome to see people progressing along their FIRE journey who originally discovered investing/fire thru our content!
@@CanadianRealEstateChannel Kellan and Matt keeping that FIRE stoked and roaring.
Hey Matt, love the channel have been watching your videos non-stop especially with Uncle Kasey lol
you've inspired me to get my first student rental in Peterborough ON and I'm taking possession of it in a couple months. Quick question about home owner insurance: Do I need insurance specific to student rentals? How much do you typically pay for your rentals and any good recommendations? Really appreciate it
Well done, what kind of conditions do you normally put on your offers?
Is this a legal basement suite？always puzzles me it seems a lot of student rentals are renting out illegal basement to students. Isn't that a huge safety and legal risk by doing so？In Calgary at least, there had been case in which the illegal basement caught a fire and the students living in it cant escape and died. Anybody has opinion on this？Thanks.
Unfortunately, 1% rule doesn't exist anywhere in Calgary, where I currently live :( ...Wish I lived in smaller cities.
HI Kurt - so from everything I saw this basement suite was legal. Legal ceiling height, egress windows, legal # of bedrooms for our municipality/city etc.
One thing I talk about all the time on my channel is - pretty much anywhere on the continent of North America - within a 4 hour drive is a market that will meet the 1% rule. I'm sure Calgary would fit that metric too.
At the end of the day - you don't have to invest where you live, but if you want to invest where you live - you can always change where you live.
Great video!
Thanks! Glad to hear your getting value from them - are you currently investing in real estate yourself?
@@CanadianRealEstateChannel yep, I have 3 rental properties.
Nice - what market are you investing in?
Very inspiring video. Wow She's acquired those properties in a relatively fast pace for someone starting out.
Does she buy these houses in cash
Angie, the rooms look really close to being rentable---three rooms at 500 per month not rented is $50 a day. How long till you get them rented?
Is this London,England? Would have been nice to know HOW she financed these??
London Ontario
"They tell you what to do and you do it and you get a house" I LOL'd!!! So true, a team you trust is awesome!! Thanks for the Video
Where in Montreal can I go for these meet ups?
Funny how the 'no deals on MLS' people still says thats
How did you finance the property?
Either your money or private investment (OPM Other Peoples Money)
Would love to come to your events, where can I find that info Matt
Great advice!
Thanks for watching!
Where can we contact the guy who she was taking about on how to do this , I would like to talk to him as well need help on how to start?
Dan Warren - on instagram @danwarrenvegan Dan's a great guy and crushing it with student rentals in London Ontario! Just don't try and butter him up with bacon or steak 😉
Great video Matt.. Angie's story is inspirational! The only thing i dont think i heard is how she financed those deals. Did she have the cash? Hard Money? Creative lending ideas? She didnt mention her funding strategy. otherwise great vid
Great questions! We'll have her back on for a part 2 to cover a lot of the common questions - and we'll discuss financing. Thanks for watching!
What is MLS?
Skyfoxx23 multiple listing service.
Hello Matt,
Helpppp
I am in Texas in USA. Dying to start my journey. How do I start?
Start by watching more of Matt's youtube videos. Lots of great content and gives good explanations. Make notes when watching his videos and get into the comments sections here. There are a lot of helpful people that will explain concepts to you with examples or refer you to links so you can learn more.
Additionally BiggerPockets.com is a free resource for those interested in real estate. Check that out and join that community
Great video once again, Matt. I bought and am house hacking my first duplex in Madison Heights, MI thanks to your videos.
Could you make a video about leverage?
Many properties do you hold mortgages on?
How many do you own outright?
What percentage of your properties need to remain rented for you to cover your mortgage payments and expenses?
What percentage of your properties need to remain rented for you to live ontop of that?
Thanks for the comment Josh! Congrats on house hacking your first duplex - that's awesome!
I'll try to do a video on leverage in the near future!
I bet the main banks didn’t finance any of these deal it has to be b lenders or private lenders to either acquire 3 property in the short amount of time an must have a good debt ratio or someone help her get financing
I know several investors that have similar stories and they all used A lenders... Kellan the co-host of the OnFIRE podcast did the exact same thing. That being said - you don't have to use A lenders. But you are correct - having a strong debt to income ratio is helpful in qualifying for multiple mortgages.
Matt do you manage your own properties?
8% ROI doesn't sound so good. Is that the best you get in that area?
Top of the market too but if she's holding for years that doesn't matter much. 8% ROI is not worth my time I can get that in the SP500 for zero work. Best to her though.
@@Freeyourdollar can you get 750k loans or margin to put into the s&p? I cant, but i could get that kind of leverage for real estate.
Yes you can but it is risky. Like Real Estate is risky. Anything that pays out more money has more risk in this world.
@@Freeyourdollar
Are you still making more than 8% on your S&P?
@@noblesimpson4336 I went cash 60% at 22K worried about a top and then the other 40% at 24K for same reason. So I've been all cash for awhile. I was speaking to the average return of SP500 not 2018.
Thank you Angie and Matt Mckeever
Thanks for watching Noel!
That's inspiring to see someone jump in with both feet!
Thanks for watching Tim - appreciate the support in the comments!
Congrats Angie with your acquirements! Hope your RE Investing keeps growing for you. I'm a newbie looking to do my first deal. Having faith, knowledge and taking action will make it happen for me, hopefully soon. Is there a good mentor you can recommend?
Be sure to come out to the local networking events for real estate investors - best way to meet a mentor is in person.
Thanks for the advice and I will do!
I’m going to subscribe to this channel.
Thanks for watching!
Thats a wise decision. Matt has a lot of great content.
where the college?
Fanshawe College
im thinking i need to move to ontario! jeez cant buy homes in bc or alberta without dropping way too much on a downpayment
Toronto and Ottawa are not cheap. Maybe Montreal if you want cheap properties.
Thanks
Glad to hear you enjoyed this video!
Great Story. Great Start!
Thanks for watching!
How does she get all the financing. Is she buying cash?
You guys are lucky in Canada, in The Netherlands you have to have direct daylight in the living areas, otherwise it is a no go. A basement like that would never do the trick.
It seems crazy to me that we can’t let adults make decisions for themselves on things like that. Imho
Matt McKeever thanks for replying Matt. Rules in Amsterdam are crazy, I am losing 10% income on one of my apartment buikdings, because the municipality (a bunch of crazy, ideologue socialists) have implemented all these crazy rules on the max amount of people you can have in an apartment. In the mean time Amsterdam has a major room shortage, but the only things they are doing is creating rules, which makes it worse. I have heard stories where perfectly ok rooms are left empty because home owners won’t get permission for more than four people. Be happy you live in Canada, a buddy of mine is actually moving to Canada, so I am showing him your channel and vids.
Haha - thanks for sharing my channel with your butty!
Thats interesting, but at the same time, at least from what I can recall in the Netherlands, there are not too many homes that are built with basements like this. More so cellar spaces that I am aware of.
Kind of curious about this now
@@CanadianRealEstateChannel No kidding eh
What's a Renalt? ;)
It's what happens when you try to spell rental but are busy running a one man media empire 😉
1% rule on NET, not gross. Angie overpaid just a tad.
Awesome 👏
Thanks Denise!
U go girl
i set my plan on real estate since 14 ive been watching graham and then the video yall did together brought me to your channel a while back i wanna be like you with the tenants number but with properties like graham owns love the video keep it up
Renting for more than $3000???? is not only 3 room @5000 or 550 each???
There was also a front unit that should get comparable rent.
Love the video, thanks. But you did not ask the most important question: how did she come up with that much down payment in 6 months?? We bought rentals too and that was a lot of cash...there is no way around the 20% rule that I know of. Each one we must come up with solid cash...does she have a way around that? I thought our saving rate is high but her is way faster :) I love to know how she does it.
True but there is a way around the 20% for some like me. I plan to by a quad plex and live in one for two years. I'm also a veteran so would pay no down payment on the entire property. If you live in the property you can get downpayment to 10% or less in the States.
Freeyourdollar in Canada too, so long i live in it and it is not more than 4+ units in the building. All my rentals so far are single units however
There is something call editing. It could make video interesting
Thanks we put a lot of effort into producing these free videos trying to help teach people how to get control of their personal financial lives and comments like yours make it all worthwhile. 😆
Spelling and grammar is also crucial, that makes things the comments section interesting as well.
plant vibes cutie...love Canadians..
No mention of finances. If money was no object, anyone could get into rentals. 20% down is the hurdle for most.
Problem is. Banks suck
Use credit unions.
nice story - what the dog name
Rolo
Must have had a lot of cash
I believe she had been saving for multiple years and not really sure what to invest it in - but hopefully Angie will jump in the comments.
What's her insta?
student rentals: new tenants every year, trashing, police, no discipline. i dont feel so sure about student rentals
Have you done a lot of research on it? My student rentals are some of the best cashflowing investments I have. Dan Warren and Dylan have both been on my channel and had serious success through student rentals - and recently I've been documenting Jon from Seda developments success with student rentals in Windsor.
Some of my best tenants have been student's. Just need to pick the right ones and stay ontop of things.
i dont doubt the cashflow. im a student myself living in a student rental in belgium and when i see my neighbours i feel sorry for my landlord lol. maybe canada is diffrent. good luck matt i love your videos
This doesn’t fit the model of my student rental.
265k ? for 3000/month??? and u thinnk ur gonna profit???? what the fuck
Absolutely. It exceeds the 1% rule... What metrics do you use when you're analyzing a real estate investment?
Canadians all act like the people from Get Out.
yay a tour of your property. this helps no one
Yay a comment that provides no value
@@CanadianRealEstateChannel touché.
This women is marriage material.