First Time Landlord Experiences

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Canadian Real Estate Channel

Canadian Real Estate Channel

Күн бұрын

Пікірлер: 222
@SmithFam2323
@SmithFam2323 6 жыл бұрын
My wife and I have 11 units in 16 months all are multi family. I think the key is to use property management no matter what.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
It depends on a persons situation, but I agree with you, after learning the basics and how to manage myself, I'd be tempter to outsource or in source it depending on the size of my portfolio.
@abdulmubeenmohammed8561
@abdulmubeenmohammed8561 6 жыл бұрын
HI CONGRATULATIONS , where do you have 11 Units (USA or Canada) . Im from Canada so can you please help me to get the properties . Can i have your number or call me on 6136177566 . Thanks Abdul
@ericsvasquezpena6844
@ericsvasquezpena6844 5 жыл бұрын
How did you do it?
@PIPERBOYWILLIAMS
@PIPERBOYWILLIAMS 5 жыл бұрын
I think he is a peppery manager
@mikaelasin3996
@mikaelasin3996 4 жыл бұрын
wow, that’s a lot of debt. as an investor im out
@matwis2044
@matwis2044 6 жыл бұрын
I love these beginner feedback videos. Really shows you that you can also do it. Thanks Matt and Angie!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the feedback and support!
@JeffWybo
@JeffWybo 6 жыл бұрын
It’s been impressive to see her growth !
@nashennaidoo1105
@nashennaidoo1105 6 жыл бұрын
I'm loving the positive vibes... With Angies enthusiasm, being a landlord would be a breeze.
@shaunmackinga5012
@shaunmackinga5012 5 жыл бұрын
Angie has a beautiful smile and cheers me up with her positive and earnest attitude!! Thanks Matt for bringing a new persons story about real estate investing.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks! Glad to hear you’re getting value from these videos
@ZanetkaPL
@ZanetkaPL 6 жыл бұрын
I love seeing other young female investors out there!!! My sister and I bought our first house here in London ON 4 years ago on our own when we were 21 and 22 years old (living frugal and always working was the key).. just bought my second house and hoping to buy another soon!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
That’s awesome! Would you and your sister consider being on my channel? I know my audience would love to see other young women crushing it in real estate. If so send me a dm on instagram or email to matt.fieh@gmail.com
@KennyWillSendIt
@KennyWillSendIt 5 жыл бұрын
I’m 22 about to graduate and looking for my first house without proof of income all i need is an offer letter
@tony.fehr.
@tony.fehr. 6 жыл бұрын
Great video Matt and Angie! Was referred to your channel by a friend who is in a mentor ship program involving student rentals in Windsor. I just want to thank you for consistently putting out quality content that’s extremely informative especially to my wife and I who are planning on buying our first building this spring, we’d love to join the network and pick everyone’s brain!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! That's awesome to hear - and I'm glad to hear you're getting value from my channel!
@leonardogonzalez2284
@leonardogonzalez2284 6 жыл бұрын
congrats on taking the extra step to buying your first property! im new to this channel but I've seen nothing but quality content so far.
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
That's fantastic Tony! I also have Windsor student rental. If you every have questions about how it works or what it's like working with Jon feel free to reach out to me at any point @adamjdmartin.
@amolgill7480
@amolgill7480 6 жыл бұрын
I love the questions that you asked and it really helped. We need more videos like these 😤🔥🔥
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks!
@JeffWybo
@JeffWybo 6 жыл бұрын
Amol Singh agreed. Matt is on a roll!! Let’s keep sharing his videos. This will help him out !
@Ray29erau
@Ray29erau 6 жыл бұрын
I really appreciate these videos Matt. I'm an electrical engineer, but started doing real estate on the side with the help of your videos, Graham Stephan, BiggerPockets, and other local investors in my area who brains I was able to pick dry. I bought three homes over the last year - two are single family rentals that are occupied with tenants - the other was for myself. I plan to buy at least two more within the next 6 months. Keep it up. You're a positive influence on a lot of people. Thanks.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Ray! Comments like yours are a big reason why we constantly keep doing this! What market are you investing in?
@Ray29erau
@Ray29erau 6 жыл бұрын
@@CanadianRealEstateChannel I'm in the Midwest and investing within an hour of me - specifically Missouri.
@karimnanji4163
@karimnanji4163 5 жыл бұрын
I am soooo proud of Angie and both.. all the success and happiness to all!
@liveandbreatherealestate833
@liveandbreatherealestate833 6 жыл бұрын
Angie you are killing it!! Taking action is huge, so kudos to that!!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
So many people struggle with the take action part
@robc6310
@robc6310 6 жыл бұрын
Great video Matt. Would’ve liked to hear about some numbers. Maybe a detailed dive into one of the properties to see what strategies she using, what rents and the cash flows, etc.
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
Good morning Rob, I believe we will see a future video walking through the finances and strategies after all the properties have been operating for some time! As always, thanks for your time and attention :)
@benhersch570
@benhersch570 5 жыл бұрын
Loved this video !!! Im a young landlord myself in London Ontario and everything Angie said was super relatable. Definitely have a worse tenant nightmare!! Great job with the video!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
That’s awesome! Be sure to checkout ONREIA it’s a local meetup in London On for real estate investors!
@benhersch570
@benhersch570 5 жыл бұрын
Matt McKeever where would I get the times and locations? Do they have a website?
@leonardogonzalez2284
@leonardogonzalez2284 6 жыл бұрын
Great video! It’s nice to see insight from a new investor and experiences they have with landlording so when us subscribers start we can some what know what to expect! Great content!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Leonardo! Glad to hear you got value from this video
@JeffWybo
@JeffWybo 6 жыл бұрын
Leonardo Gonzalez she is definitely someone you can emulate !
@leonardogonzalez2284
@leonardogonzalez2284 6 жыл бұрын
@@JeffWybo forsure, i am just starting out as a land lord too, just closed on my first property a couple weeks ago so this video was great since im doing rental properties
@JeffWybo
@JeffWybo 6 жыл бұрын
Leonardo Gonzalez that’s amazing man! What area ?
@leonardogonzalez2284
@leonardogonzalez2284 6 жыл бұрын
Jeff Wybo I bought in Michigan near auburn hills, I’m moving there soon so I figured I would start my investing there and it’s way cheaper than Miami
@manny6020
@manny6020 5 жыл бұрын
Great content, great interviewer. Angie’s positive, enthusiastic and genuine energy was captivating.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks Manny!
@omletzz8800
@omletzz8800 5 жыл бұрын
you’re a really good interviewer!! you ask the perfect questions to get important information and elaboration.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks for the support! Much appreciated!
@garymacdonald5921
@garymacdonald5921 6 жыл бұрын
Awesome to see Angie back!!! Great video Matt
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks!
@wavygoods877
@wavygoods877 5 жыл бұрын
So for a 10k place, how much did she invest on the place to appeal to the tenants? Also this was the most informative video i've seen, I appreciate the value you brought and straight to the point.
@kwarmrakseadum9083
@kwarmrakseadum9083 6 жыл бұрын
This is awesome! Perfect timing. I’m a first time landlord and this video is great to learn from.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks
@NCWWEB
@NCWWEB 6 жыл бұрын
Great content and awesome job Angie. I am loving all the videos so far Matt! Shout out from Newfoundland
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Nancy!
@cedrikkaurit3078
@cedrikkaurit3078 6 жыл бұрын
Thank you both! Please more info like this, this is good!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Cedrik!
@renegadezen7841
@renegadezen7841 5 жыл бұрын
The duplex i live in had cochroaches when i moved in. I spent $12 bucks on these cochroach bait stations you set up around the house and this worked amazingly. All the roaches are 100% dead and gone.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Love it! Problems or Profits
@nordette
@nordette 5 жыл бұрын
Can you tell me the name of the product you used please? The restaurant I work at is over run with roaches it's so gross
@renegadezen7841
@renegadezen7841 5 жыл бұрын
@@nordette www.walmart.com/ip/Combat-Max-Large-Roach-Killing-Bait-Stations-Child-resistant-8-Count/11027376?wmlspartner=wlpa&selectedSellerId=0&wl13=2921&adid=22222222228009616677&wl0=&wl1=g&wl2=m&wl3=40343148272&wl4=pla-56983084865&wl5=1026969&wl6=&wl7=&wl8=&wl9=pla&wl10=8175035&wl11=local&wl12=11027376&veh=sem&gclid=CjwKCAjwscDpBRBnEiwAnQ0HQIlYqA9K3ThQyCKNHidGIa7oawBKqFAUCqCfdEUbZDDNvZgcZaViSRoCbZ4QAvD_BwE
@embeee2011
@embeee2011 6 жыл бұрын
Really helpful info! Glad to see Angie is doing well!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks for the support!
@liveandbreatherealestate833
@liveandbreatherealestate833 6 жыл бұрын
Another great video Matt!! Your content is super helpful!! Keep up the good content!!
@pohump
@pohump 5 жыл бұрын
New sub. I really like this format. I've been watching biggerpockets and I like their videos but a lot of theirs seem to be the "already made it" crowd. It's cool how they talk through what they did, but this to me feels a lot more grounded. Thanks for the videos.
@PallesCrazyRooms
@PallesCrazyRooms 5 жыл бұрын
Awesome to hear your story, we just bought our first rental two months ago got the 1% interest mortgage, and signed the papers on the second one, but I dont hink we will get the third one within the first six months, trying to go for the A rated mortgages too :D
@michaelcampos2509
@michaelcampos2509 6 жыл бұрын
6 months damn she is new hopefully she has positive experiences for a long time
@JeffWybo
@JeffWybo 6 жыл бұрын
michael campos I think she will. She’s determined.
@graceElizabeth555
@graceElizabeth555 5 жыл бұрын
Great video! Very informative!!! Thank u
@NathanGraham34
@NathanGraham34 6 жыл бұрын
Way to go Angie! That's an impressive amount of growth in such a short time, I wish you the best of luck moving forward as you continue to grow. Matt, great video as always. Last month I got my keys for my first rental property in London ON, I'm from the other side of Toronto but see the advantage to London's Market. A goal of mine this year was specifically to network within the real estate community. How could I get involved with the London community?
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
Hi Nathan! Congrats on getting your first rental property in London! We have an extremely deep network set up here and would love to have you be a part of it. Feel free to reach out to me on Instagram @adamjdmartin or by phone at (226)224-3223.
@Z32orDIe
@Z32orDIe 5 жыл бұрын
Thank you for sharing this info guys!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks for the support!
@OneRentalataTime
@OneRentalataTime 6 жыл бұрын
Matt, Any interest in interviewing a landlord with 15 years experience and 175 units? Note we could cross promote as I run One Rental at a Time KZbin Channel
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
I'm always interested in interviewing fellow investors and landlords. Ideally - reach out to me on instagram and we can coordinate. MattMcKeever85
@askquestions4634
@askquestions4634 6 жыл бұрын
Subbing. I appreciate the videos. I want to buy some properties in the next couple of years and I want to soak up as much as I can and start networking as much as I can, too.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Awesome! Thanks for subbing
@rakeshchooramun8022
@rakeshchooramun8022 5 жыл бұрын
Awesome discussion. I wanted to get some insight. I have a townhouse that i wanted to convert into a multi family home. any advise where to start first?
@lewisHelps
@lewisHelps 6 жыл бұрын
Thank you for sharing your experience. Nice Video
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
Thanks for your time and attention Lewis! Glad to hear you are getting value from Matt's channel. If you are looking for more of our daily experience follow us on Instagram @mattmckeever85 @jeffwybo @adamjdmartin
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Lewis!
@dannywang7547
@dannywang7547 4 жыл бұрын
Hey Matt, love ur video! Could u make a video about paying multiple houses as rentals? In Canada , after the first house , you are required for 25% downpayment right ?
@bryanchattelle1924
@bryanchattelle1924 6 жыл бұрын
Great interview. How was she able to buy so many so quick? was it the equity built in to the first home to buy the others? How much was put down on the second two? Did she start an LLC to protect herself? Were they bought with no reno needed?
@gg-yp8pr
@gg-yp8pr 5 жыл бұрын
Again, a great, informative video. Congrats to Angie in her acquisitions..well done!! One question, do you look to an area of a certain population to buy an investment property? In the Toronto market (where I live) for a positive cash flow you are tying up a ton of money but you have a larger tenant pool and if you HAVE to liquidate, your property is not sitting on the market for ever. What is the smallest market, population wise, you would consider?
@JPizarrotv
@JPizarrotv 6 жыл бұрын
Hi Matt! Just wanted to share our story since watching your videos last summer. So, we ended up buying rental property in August, closed in September and found a tenant right away through kijiji. It’s been really good experience so far. Now, we are hoping for our second rental property this year. We are still unsure how will this affect our family’s income in regards to taxes. Do you know of accountants here in London that could help us with taxes before we buy our second rental property? Thanks!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
I’d recommend Mit CPA you can find them online or on instagram. Mit is a good friend and business partner of mine. Thanks for sharing your story and experience!
@canadianspiritz3844
@canadianspiritz3844 4 жыл бұрын
I'm looking to rent out my house north of London Ontario not UK 😉. I need some help or advice, ON renting all inclusive or not
@reptilesgamers00
@reptilesgamers00 5 жыл бұрын
I like this Angie. She seems easy to get along with.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks for watching!
@KellanJames
@KellanJames 6 жыл бұрын
Angie is showing how it's done!! 👊
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
All these young whippersnappers showing me up... I remember when it was cool to be 31 and approaching FIRE 🔥
@lockehousemusicgroup3054
@lockehousemusicgroup3054 6 жыл бұрын
Her story is more relatable
@eljuancho2
@eljuancho2 5 жыл бұрын
Priceless content!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Thanks for the support! IT means a lot! Are you currently investing in real estate?
@lyndseygarman8286
@lyndseygarman8286 6 жыл бұрын
Just bought my first house as a single female investor. It’s been an awesome challenge.
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
That's amazing Lyndsey! Where did you invest?
@lyndseygarman8286
@lyndseygarman8286 6 жыл бұрын
Adam Martin Thanks! In Vermont, I moved up here last year. I bought this 70s raised ranch that needed some love for about half the assessed value, in need of mostly just cosmetic work. After renovations I’m hoping to have 15-25k in equity.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
That’s awesome - congrats on taking action! What was your gateway to real estate investing?
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
That's fantastic! I would love to get back to Vermont some day. Have you been able to find a good network of investors there?
@lyndseygarman8286
@lyndseygarman8286 6 жыл бұрын
Matt McKeever I was exposed to construction through my family. So seeing houses that needed work weren’t intimidating or talking to contractors. Last year I moved to Killington for a job at the ski resort and found a condo that was under priced for a area that was moving towards year round vacation destination. Convinced my mom to buy one. And similar units are listing this year for 20-50k more. I needed a bigger place and started doing more research about fix and rents and came across you, graham Stephan, meet Kevin and ran some numbers and found it was possible for me.
@jxsilicon9
@jxsilicon9 6 жыл бұрын
I have pest control spray every 3-6 months. And have contractors on call for any issues.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
So many problems can be solved with a phone and money 😆
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
That's an impressive routine, what is the typical cost of this? I haven't had to do that yet!
@weareorigin
@weareorigin 6 жыл бұрын
Tonght I'm going to binge watch this channel's latest videos
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks WRO!
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
Don't stop there, there are some fantastic older ones like "Impress the Bank" and the Elias St. BRRRR.
@briskiriee6480
@briskiriee6480 6 жыл бұрын
Great video! Very informative for some who is about to get into real estate investing. Did angie have all the properties in here name?
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
Hi Brisk, thanks for reaching out! I believe Angie has all of them in her name, and financed through A lenders.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Yes she does - why do you ask?
@briskiriee6480
@briskiriee6480 6 жыл бұрын
@@CanadianRealEstateChannel I am new to investing and havent finalized my first deal but you always hear about banks not wanting to give out multiple mortgages to the same person. Btw: channel is great content is top notch especially for canadians like myself in the Gta area. Keep it coming!!!👌
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks Brisk!
@faithoverfear551
@faithoverfear551 5 жыл бұрын
Hi Matt. Did you say you and Angie are from London Ontario ? I would like to network.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
Yep! Checkout London on FIRE or ONREIA on Facebook or meetup
@AllTerrainGuy
@AllTerrainGuy 6 жыл бұрын
Very helpful video!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks!
@tylerweatherbee9180
@tylerweatherbee9180 5 жыл бұрын
Hey Matt I have a quick question. Would you buy a rental for 50,000 in an area that would be hard to increase equity and hard to sell but could provide a monthly rental income of 800-900. Or would you buy a property of around 130,000 in a better area but only able to get around 1000-1100 in rent. I have the money to do the smaller one and want to jump in but I don’t know if I should save more for the larger one. I have no rental properties at the moment this would be my first buy.
@robinli2171
@robinli2171 5 жыл бұрын
little regret i brought my first property in Vancouver area,with high price, low rent/price ratio, kinda used up A lender mortgage capacity. Any suggestions for obtaining a mortgage under stress test? Sounds like Angie doesn't have much problems with mortgages, even from A lender, that's awesome, thanks for sharing=)
@MyJavierj
@MyJavierj 6 жыл бұрын
Thanks Matt, been wanting to dip my toes in the RE market in like forever. Now I actually have a career and want to get back to my REI mentality. Oh yea, and Angie really cute lol
@Funktimusprime1
@Funktimusprime1 6 жыл бұрын
I have a question about student rentals... I am looking at purchasing my second house and using it as a student rental. My question is, when is the best time to purchase a student rental? I have a house I would like to get, however, because it is only January, it would sit until September without tenants. It only needs a month or two for renovations so I would like to purchase it in June but it might sell before then. I am in Moncton, New Brunswick where houses don't sell as quickly as the rest of the country, but the layout, price, and location are all right, just not the timing. Do you have any advice?
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Real estate is a region game - it's very hard for me to comment on it without knowing you market inside and out - your a better expert than me on your market. I'd recommend networking and talking to local landlords and investors and getting their opinions . I like buying student rentals in Aug-Nov - because in my market if I get the property launched by Aug-Dec and I can get it rented. Jan-April will take effort, May-June will take hustle. But I more focus on the long term numbers than the impact of one year. If it's a 'bad' time to buy - I'll make a lot of offers to see what I can hook and if I get a 'great' deal- if so awesome, if not - no worries I can wait and be patient.
@Funktimusprime1
@Funktimusprime1 6 жыл бұрын
@@CanadianRealEstateChannel Thanks for the reply and the advice!
@mic01
@mic01 6 жыл бұрын
Hey Matt Im here in Kitchener and just came into a 7 figure settlement ( low end ) and really looking to get into more of the market. With google and other I.T. companies here and a lot of new condo construction, would you suggest a condo thats being built then sell when complete for quick turn around or. Buy a cpl long term investment.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
I'm biased - but I like cashflow - so I'd focus on a strong cashflowing property - like Angie's doing - student rentals, and now she's looking to potentially do airbnb as well. (Two of my favourite approaches - student rentals and airbnb) It really depends on your market though, I certainly understand the desire to go for appreciation when you're in KW - It's not my style - but depending on your preferences and situation - it can make sense. Hopefully that helps?
@rvingwego1334
@rvingwego1334 6 жыл бұрын
Thanks Matt!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Happy 2019! Thanks for the support
@jacobwoosley7375
@jacobwoosley7375 5 жыл бұрын
Can someone please tell me what the benefits are of taking out SO MANY MORTGAGES, especially when you cant even may 20% down? Wouldnt that result in a very long period of time to pay off the property? Thanks!
@JOIHIINI
@JOIHIINI 4 жыл бұрын
Hey Matt, from Hamilton Ontario here, I’m just curious do you buy additional houses because of how much yours cash flow or do u ever pull out equity? I have 4 in Hamilton and they are much more expensive than London and don’t seem to cash flow nearly as well, although the equity has skyrocketed over the past 4 years. I’m wondering if the only way to expand to your level involves much higher cash flow as the idea of someone getting 3 in 6 months is daunting to me. Does Angie here pay down payments herself? Because it can’t possibly be from equity this early. Let me know i have been dying to expand into another market and maybe low cost university neighbourhood could be the way. Cheers
@garymacdonald5921
@garymacdonald5921 6 жыл бұрын
Matt there was an ending to the video at around 5:37 and then goes into a second session
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Yeah - slopping editing - we’re running a skeleton crew for the size of the operation we got - move fast and break things 🤷‍♂️ 😆 Editors - send your resume to @hungarianexperiment 😆
@SaraaSchoolcraft
@SaraaSchoolcraft 4 жыл бұрын
amazing! I love her attitude! its so true, people freak out like omg what will I do if cockroaches invade my home!...simple..call the exterminator or whoever needs to take care of whatever issues. stop focusing on the negatives :)
@priceandpride
@priceandpride 5 жыл бұрын
How can I trade in my parents for one's that help me save and pay for school tho?
@jamesgregg5689
@jamesgregg5689 5 жыл бұрын
Can you guys recommend an investment realtor in London Ontario?
@yuliya2201
@yuliya2201 5 жыл бұрын
Hey Matt, do you recommend any books/resources on tax tips in real estate for Canadians? I just started watching your content and it's very inspiring!
@darlaconnolly4528
@darlaconnolly4528 6 жыл бұрын
When you go to refinance-- is it the HELOC that is the best one to get?
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Really depends on the property and plan you want to implement - a heloc that grows as you pay down mortgage is great
@kristianhubert5358
@kristianhubert5358 6 жыл бұрын
Wow! She's on a roll
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Angie’s been crushing it!
@davidvenning3608
@davidvenning3608 6 жыл бұрын
This is really an amazing accomplishment! However she said she was able to buy one of the houses for 5% down? I know it was her first house but cant you only do that if you will be living in the house? The reason i ask is because i was hoping to do the same thing but was warned against it. Wouldnt cmhc find out at tax time and consider that fraud?
@babbabababababab9226
@babbabababababab9226 4 жыл бұрын
what is an A lender ?
@teddyramos4669
@teddyramos4669 6 жыл бұрын
Thanks for the info. I am newbie and would like to learn real estate. When buying real estate do you find your own mortgage or approach a mortgage broker?
@TheMussakhan
@TheMussakhan 6 жыл бұрын
Teddy Ramos , I answered your question on my Instagram in video format, hope it helps dude. instagram.com/___moose__/
@AllTerrainGuy
@AllTerrainGuy 6 жыл бұрын
How much cash flow is she getting from 3 properties? Is this her only income now?
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
We will see in the follow up video on the properties to come! But I believe she is still working!
@fractalzoomgoggles
@fractalzoomgoggles 6 жыл бұрын
What is her FT job? income to loan ratio matters for having 3 mortgages. Her instagram is private
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Office worker in the public sector I believe working for health related field. You’re right - but many positions, especially in government allow for long sabbaticals etc which are great for mini retirements
@alicesun6465
@alicesun6465 5 жыл бұрын
She is one of my favorite investors!
@antoinethompson1760
@antoinethompson1760 6 жыл бұрын
What type of properties you own
@victorvarela4983
@victorvarela4983 6 жыл бұрын
thanks for the info!! greetings from spain.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Glad you enjoyed!
@jeffvillanueva6402
@jeffvillanueva6402 6 жыл бұрын
Hi matt i just have a question with regards to taxes. What is the implication of owning a rental property on my taxes? I have a family of 5 my wife and my 3 kids. My wife is on maternity leave right now. Our family income is around 60-70k a year based on my last statement. I dont want to lose the benefits that my kids are getting from the govt its a big help. Im planning to invest on a duplex property. Im here in winnipeg manitoba. I hope you get to see this message. Thanks and more power.
@JeffWybo
@JeffWybo 6 жыл бұрын
Miguel Villanueva making more money is a problem or more profit ? Paying taxes is a good thing ...
@eng.mbariambugua3996
@eng.mbariambugua3996 6 жыл бұрын
@@JeffWybo Miguel needs help how to pay optimal taxes and the best advise on paying less taxes. Taxes are mandatory and its good to pay
@jeffvillanueva6402
@jeffvillanueva6402 6 жыл бұрын
@@JeffWybo im not saying its a problem. Im just curious on the effect of owning a rental property on my taxes. By the way i have my own house and im currently renting out my basement. And also is it possible to put just 5% down instead of 20% on a second property? Im just trying weigh on my options with regards to investing.
@JeffWybo
@JeffWybo 6 жыл бұрын
Miguel Villanueva you’d have to move into your next property for 5% and potentially show that you are covering all the debt of your current home. Best to talk to a mortgage broker.
@Crazyguru1996
@Crazyguru1996 5 жыл бұрын
Matt, fix the sound absorber on the wall, its crooked
@shawnmartins169
@shawnmartins169 3 жыл бұрын
Hi guys I was wondering if you had a real estate investor mentor in the Edmonton Alberta area I would love to flip my 1st property I am a successful contractor and I'm ready to make my move in to investment real estateJust wondering if you had anybody in the area that would take on a newbie thanks keep up the great work absolutely love the channel
@kitkatgamerz9328
@kitkatgamerz9328 6 жыл бұрын
Hi Matt, I'm a huge fan but I'm not in Canada. I'm a member on bigger pockets (the network hasn't really panned out for me in AZ) but I'm very interested in finding someone who is doing what you are doing - FIRE - in the US. I'm having a hard time finding a US counterpart for you... do you have anyone you'd recommend?
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
I'd check out the Mr Money Mustache Forums for starters to see if you can find a group of people there.
@juancarlosalvarez7561
@juancarlosalvarez7561 5 жыл бұрын
I'm here in tucson having the same problem
@afsaandokadia9432
@afsaandokadia9432 4 жыл бұрын
She bought all the properties or it.s on mortgage
@jonnyb1856
@jonnyb1856 6 жыл бұрын
Hey Matt I'm 21 looking to invest in real estate and I'm actually in London as well and was wondering if its possible to meet with u to get some advice. I am really looking into grow in this area. I do have a full time job at 3M in london as my primary source of income and many others I can discuss with you. I would REAALLY appreciate it. I watch a lot of your videos and I really enjoy ur informative content. I'm not sure what the possibility is to meet you but having a friendship with you would mean the world to me. I really look up to you and hope the best.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Thanks! Come out to one of our free meetups - you can find in my bio on Instagram or in video description for London on FIRE ldnonfire - amazing group of like minded individuals
@VTECsqznN2O
@VTECsqznN2O 6 жыл бұрын
Wait...is that a copy of ERE on the shelf?
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
It’s everywhere! I’ve given out over a 100 copies!
@kenbrunet6120
@kenbrunet6120 6 жыл бұрын
On the topic of Dealing with a student rental. Id rather deal with renting to students then have to deal with finding a contractor any day!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Contractors... le sigh
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
You just need to sift through that haystack till you find the *one* and then build a long term relationship.
@rickkern5785
@rickkern5785 6 жыл бұрын
Awesome to see a single woman that "gets Montey"---to your success.
@crb4059
@crb4059 5 жыл бұрын
When I started in RE back in the 90's one MAJOR advantage investors have today we didnt... is the internet and vids like this. We learned from home courses and books and audio cassettes which cost thousands of dollars. Networking was the old fashioned way. The internet has created a whole new world for investors and so much free valuable info.
@CanadianRealEstateChannel
@CanadianRealEstateChannel 5 жыл бұрын
100% agree! Thanks for sharing your perspective and experiences! What market are you investing in?
@kingash2367
@kingash2367 6 жыл бұрын
How old was she buying three houses ? And how long has she been working her job getting these houses?
@AdamJDMartin
@AdamJDMartin 6 жыл бұрын
Here is a link to the original video kzbin.info/www/bejne/pomTm4JqZ5ZnoK8 hope that helps!
@JaninesPlace
@JaninesPlace 6 жыл бұрын
Are you from Newfoundland?
@JeffWybo
@JeffWybo 6 жыл бұрын
Janine Geauvreau who Matt or Angie ?
@JaninesPlace
@JaninesPlace 6 жыл бұрын
Matt! :)
@JeffWybo
@JeffWybo 6 жыл бұрын
He’s from Ontario
@JaninesPlace
@JaninesPlace 6 жыл бұрын
Damn. I’m usually good at picking out accents. And the last name fits!
@av-lu3oi
@av-lu3oi 5 жыл бұрын
so she has 3 mortgages amazing but thats a lot of debt how much she making on these 3 houses net after all expenses
@canadianhuron
@canadianhuron 5 жыл бұрын
whats angies background ... PORTUGAL???
@vandalize3
@vandalize3 5 жыл бұрын
Nice
@postmodgent1499
@postmodgent1499 6 жыл бұрын
Angie's current tenants seem to be good but I would suggest that she transition to automatically "pulling" the rent payment vs. having it "pushed" to her for future tenants. You get better feedback on the tenants current financial condition, ability to pay and control of when the payment is issued is in the landlord's hands not the tenant's.
@nestorfont9118
@nestorfont9118 5 жыл бұрын
I’m currently at 1,265 properties in 2 weeks, I love real estate 🏡 $200 down payment with 1,600 monthly rents. EASY
@lopifinau4145
@lopifinau4145 6 жыл бұрын
The MacDonalds bag in the back tho!!! lol
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Haha - I haven't eaten at McDonalds in years - but the guys sometimes show up with coffee from there. (I've been on a plant based diet for a year 🌱)
@lopifinau4145
@lopifinau4145 6 жыл бұрын
@@CanadianRealEstateChannel thats cool bro. I'm gonna check out more of ya content
@MarkSwi
@MarkSwi 6 жыл бұрын
Angie's previous video here: kzbin.info/www/bejne/pomTm4JqZ5ZnoK8
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
haha thanks!
@MikeyFFA500
@MikeyFFA500 6 жыл бұрын
Damn, amazing woman!
@JeffWybo
@JeffWybo 6 жыл бұрын
Mikey she’s killing it !!
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Angie's crushing it!
@jamiecraig4334
@jamiecraig4334 4 жыл бұрын
Is this Britney As @investorgirl Brit? This would be before Instagram maybe?
@mirandasi8302
@mirandasi8302 6 жыл бұрын
I ran a number of mathematical models and found that you make more money on stocks over real estate.
@postmodgent1499
@postmodgent1499 6 жыл бұрын
I have found for many average people who go on to build tangible wealth that investment real estate played a role. It may be POSSIBLE to make more money in stocks but intrinsic value, control, certainty, repeatability and simplicity are also factors.
@CangiFit
@CangiFit 5 жыл бұрын
let her talk bro..... wanna hear some numbers, breakdown the deals that she found
@PIPERBOYWILLIAMS
@PIPERBOYWILLIAMS 5 жыл бұрын
Is she married ?
@jordanismish
@jordanismish 6 жыл бұрын
shes wearing the same jacket from september so you know shes not spending money
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Haha #frugality
@anthonytamburro7071
@anthonytamburro7071 5 жыл бұрын
she has to pay her bills and mortgages 1st
@BecomingtheBestMe
@BecomingtheBestMe 5 жыл бұрын
Recorded at the same time..
@farshid71
@farshid71 5 жыл бұрын
What they don’t get into details is the type of tenants they get. 🤔🤔
@HungarianExperiment
@HungarianExperiment 6 жыл бұрын
not first 😣
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
Haha!
@vitaliiavitaliia8005
@vitaliiavitaliia8005 6 жыл бұрын
once the story is easy and sweet and easy kind of interesting its a kind of a trap, housing is bad business tenant hold rent destroy properties maintenance will make u cry property hardly appreciate for really what you get is inflation
@CanadianRealEstateChannel
@CanadianRealEstateChannel 6 жыл бұрын
You believe owning real estate is always a bad idea? Owning land is never a good idea?
@IQ-Vortex
@IQ-Vortex 5 жыл бұрын
So what business is a good business then?
@babygirlsyd3238
@babygirlsyd3238 5 жыл бұрын
I feel like if he was interviewing her... he should stop talking and let her speak.
@vipuldesai5782
@vipuldesai5782 4 жыл бұрын
Angie Instagram please
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