My Real Estate CFO
10-8707 Dufferin Street, Suite 392 L4J 0A6 Vaughan, ON, Canada

Wishing all my family, friends, clients, tenants and colleagues, and my entire "A Team" of professionals a healthy, happy, peaceful and insanely prosperous New Year! I love you all and infinitely grateful for all that you do, all that you do and all the adventures we have shared along the way. Stay positive, stay strong, stay resilient, stay healthy and get ready for an incredible 2021 as we leave 2020 in hindsight.... I can't wait to see you all soon to continue with our incredible adventures together in the New Year! I look forward to celebrating you tonight and for many more years to come! I can't wait to see you shine brighter than ever before in 2021!

Welcome to 151 Chatham Street, Brantford, ON Off-market deal: Only $695,000 It’s getting cooler outside and you say you have the winter cash flow blues? Well we have found the solution to warm you right back up!...Continue reading

Congrats to my client Michal Wach. Michal just closed on this latest gem of a property yesterday and can't wait to start the demolition. His previous recently completed and fully tenanted 3 unit conversion project that he closed on in April this year, is already generating over $4750/month + hydro with an estimated over $2,000 if positive cash flow post refi each and every month... and that is from one single property, using the BRRRR strategy.... This will be his second 3 unit conversion project in just the last 6 months. Once completed, he will be banking a minimum of $4500/month + hydro in rent on this property with an estimated positive monthly cash flow of $1500-1750 per month as well. What is amazing about Michal is that in just over 2 years he has accumulated a great real estate portfolio of these nice cash flow positive gems. What's even more impressive is that he only started converting single family homes into legal multi-units in May 2019 last year and has since completed or is in the process of completing 4+ separate such projects. In fact, in just 18 months his perseverance and efforts have secured him over $60,000+++ in positive cash flow annually plus mortgage paydown and appreciation to boot with a return on his investment easily over 100%+ annually. Michal has truly transformed his and his family's lives through his real estate investments in a very short period of time. I am grateful for the opportunity in guiding Michal on his path to financial freedom as both his real estate investment coach and realtor specialized in sourcing these gems of opportunities for my clients. I expect that Michal will continue taking his quickly growing cash flowing real estate empire to the next level and look forward to guiding this newly minted real estate mogul to new heights in the months ahead! And as you can see from the photo of Michal in front of his newly acquired property/project, this truly brings a smile to his face ;) Congrats once again Michal. You are truly a Rock Star investor on your way to living your very own Cloud9Life on your terms! ;)

Gary V is very right. In fact, these trends have been in play for over a decade now. The only thing that the pandemic has done was accelerated the speed at which this is now happening. Within the greater Golden horse shoe we are seeing massive demand combined with dwindling supply of real estate listings in exactly these outlying areas lime Barrie, Hamilton, Niagara Region, etc. This has created the perfect storm of multiple offers combined with spiking real estate values ...to the tune of 25-35% year over year change in prices. Problem is once the vast majority of the population are priced out of the market in Toronto and even these other commutable outlying municipalities where do they go from there in their futile search for affordable housing that meets their needs? The great news is that you can still find great opportunities in exactly these types of municipalities there within commuting distance of the GTA and offer amazing cash flow and ROI potential. How do I know this? Because I continue to invest in these very municipalities myself and have been doing so for several years now. PM Me if you wish to learn more or get further insight on exactly which cities in which opportunities and exactly which strategies, neighbourhoods continue to work extremely well for both myself, my partners and my real estate investor clients.

Favourite office of the day: Saturday, October 10, 2020: Hamilton/Stoney Creek, Ontario I ordered nearly 3,000 sq ft of flooring and over 1,500 linear feet o...f baseboards, window casing and door stop a couple of days ago for delivery to Hamilton today. One of my contractors were supposed to help me out to unload the several skids of flooring and trim but unfortunately called in sick. That meant that I was the one who was going to have to unload and carry all these materials myself. And so I got a great workout today as a result! Sometimes in life we get thrown a curve ball but as long as we stay the course, do what we need to do to reach your goals these are but minor short term pains (and let me tell you as a result of overdoing it with this unscheduled major workout I now have short term pains in muscle groups I never even knew I had LOL)for substantial long term gains. Just remember that the road to your success is rarely a straight line. There will be bumps along the road that you will inevitably have to overcome. Ultimately it is your ability to deal with all the setbacks and bullshit and come out stronger on the other end that I truly believe to be the key success factor of any one who has achieved any level of success. Your ability to do what needs to be done when it needs to be done regardless of how hard or unsavoury it may seem at the time, will truly set you apart from those who simply do not wish to, or refuse to deal with such challenges. It is truly one of the most important traits of successful people throughout history. As the saying goes: if it was easy everyone will be doing it. But you’re not like everyone are you? The fact that you are not afraid to do what is hard, to get out of your comfort zone to grow both personally and professionally will inevitably set you apart from the rest of the coulda, shoulda, woulda pack of those who set themselves up on a path of living with regrets and a life of what ifs. If you truly wish to lead your own Cloud9Life, life on your terms, don’t be afraid to roll up your sleeves and get out of your comfort zone. Those courageous enough to do so ultimately find that they can achieve so much more than what they previously thought was impossible to not only very possible and more. If you truly wish to live your life on your terms all you have to do is take that first step outside your comfort zone and roll up your sleeves and be prepared to be amazed at what you can overcome, create and achieve! Be prepared to amaze yourself!

Single family to not only 2, not 3 but 4 unit conversion opportunity!

Yet again, a cautionary tale for those investors/speculators who predominately focus on price appreciation as their main investment thesis. Those who did not invest for positive cash flow or getting burned. Those who primarily invested for price appreciation are getting burned....Continue reading

As a real estate investing expert, coach and realtor exclusively focused on cash flow positive properties, one of the key metrics that we follow is the flow of ...immigration, population migration and jobs creation, amongst other factors. Population inflows and outflows are one great way to get ahead of the curve with respect to which areas of our Province and country are benefiting from these trends. As indicated in the article below, and something that I have been reporting on for several months now, all my targeted investment markets like Barrie, Hamilton, Oshawa, KWC, Niagara region and several other municipalities in Southwestern Ontario continue to benefit from net increases in annual migration. Just a word of caution: most of this data is historic and backward looking to what has already transpired several months ago. Since I have on the street, boots on the ground knowledge of several municipalities in Southwestern Ontario, I have been seeing these trends for months now and well before these stats are published , something both I, my clients and my partners have all benefited from. It is important to note that historic data is not reflective of future city rankings. So which ever cities were in the top 5 list last year may or may not be in the top 5 this year. This is why as an investor I like to diversify myself geographically and personally owned properties across several of these municipalities, but understandably that is not everyone's cup of tea. The key take away: focus on properties in municipalities that stand to benefit from net increases in population for many more years to come as a starting point. You may just find some golden nuggets and some truly awesome eal estate investing opportunities in this data. Just remember to focus on cash flow positive properties within those markets to mitigate your risks of any potential future price corrections in any market you choose to invest in, to enable you to weather any storm, as your insurance policy. Here's the complete list: source: Statistics Canada Population growth rate by census metropolitan area, 2019/2020, Canada population growth rate (%) Canada 1.1 All census metropolitan areas 1.3 Oshawa 2.1 Halifax 2.0 KitchenerCambridgeWaterloo 2.0 Kelowna 1.9 Calgary 1.9 Saskatoon 1.9 Moncton 1.8 Edmonton 1.8 Barrie 1.8 Belleville 1.6 OttawaGatineau 1.6 London 1.6 Lethbridge 1.5 Trois-Rivières 1.5 Guelph 1.5 Sherbrooke 1.5 Toronto 1.4 Brantford 1.4 Victoria 1.3 Hamilton 1.2 Vancouver 1.1 Windsor 1.1 AbbotsfordMission 0.9 Regina 0.9 Québec 0.9 Kingston 0.8 Montréal 0.7 Winnipeg 0.7 St. CatharinesNiagara 0.7 Peterborough 0.7 Saint John 0.5 Saguenay 0.5 St. John's 0.4 Greater Sudbury 0.3 Thunder Bay 0.2 Source(s): Table 17-10-0135-01.

I highly encourage all my real estate investor clients, or any investors for that matter, to base their investment decisions based on the facts rather than any ...public perceptions or relying on bad advice from so-called market gurus or professionals, especially those looking after their own best interests rather than their clients. One very common perception that most of my new clients who reside in the GTA have is that the quality of tenants or their ability to pay rent in most of my targeted hot investment markets, outside but within commuting distance of the GTA, is somehow worse than the GTA market. I frequently have to educate my clients that this is not the case at all. The reality is that each and every municipality, whether it is Toronto or Hamilton, Barrie, St. Catharines or any other municipality for that matter all have their good, bad and ugly areas of town and all of these have implications on tenant's dynamics based on their incomes and budgets and consequently their ability to pay rent on time. Ultimately, regardless of which municipality you wish to invest in, it is the landlords responsibility to ensure that they consistently do thorough due diligence and screening as part of their tenant selection process for their rental units, regardless of where their investment properties are located, which should include, reviewing tenant applicants credit reports, proper income verification, etc. just to name a few. The reality is that even in cities like Toronto there are good, bad and ugly areas of town and each of these comes with their own type of tenant demographics and socioeconomic realties who you as an investor can expect to attract. Indeed you may be surprised to learn that, based on 2016 census figures average per capita family incomes in Toronto were actually lower than those who resided in cities like Barrie, Hamilton, KWC and St. Catharines. The main reason for this is that the vast majority of new jobs that have been created in the GTA since the 2007/8 financial crises have mainly been in the hospitality and service sectors. These include such jobs as restaurant waiters and cooks, your local Starbucks baristas, hotel, sporting and event centre jobs, ect. Yes, the very same segment of the employment market that have been the hardest hit during the pandemic. Is it now any wonder why average rental rates are now lower, vacancy rates are now higher (over 5% vs. less than 1% a year ago) and tenant rent payment default rates are now higher (11% now) in Toronto, whereas all these metrics are substantially better in many of these outlying, more affordable municipalities where average family incomes are actually higher than the GTA? "Despite more apartment options, with the financial hardships that the pandemic brought on and the notoriously expensive nature of the city, more people in Toronto had trouble paying their rents in 2020 than tenants of any other metropolitan area, says the housing agency, with around 11 per cent of units 34,858 total in arrears." Even then, given the mainly sky high rental rates, even with the recent corrections in rental rates and higher vacancies in Toronto, the reality is that many prospective tenants, even those with great credit and above average good paying jobs are still finding it excessively difficult to find affordable housing options in the GTA. This is why many of these great tenants choose, more so out of necessity than what they want or prefer, to move further out of the GTA in search of more affordable housing options that also meet their needs. As an example, a family of 4 with a rent budget of only $1450-2000 would find it difficult to afford even a 2 bedroom apartment or condo in Toronto today (the minimum they would require for a family of this size). Whereas for that budget they can still find great 2, 3 and even 4 bedroom units, and even possibly entire homes, within their rental budget and housing needs requirements in many of our targeted investment markets. For such tenants, it is not where they want to live. It is more where they can move within their budget while still being able to commute to work on a daily basis, or better still find a job locally in their new municipality of choice that may actually pay the same or even more than what they were making working for their GTA employer. That is simply their reality and only acts to further entice such tenants to make the move out of the GTA. After all, these outlying municipalities no only offer more affordable housing options that they need, but also a better quality of life (or indeed having a life altogether) without breaking their bank or being house poor (both as a buyer or renter alike). This is only one of the reasons why I have personally been investing, and introducing my investor clients, to my very own targeted rental property investment hot spots outside of the GTA. These markets offer a much wider range of affordable housing options to tenants across the socioeconomic spectrum than the GTA and as a result, it is not only the local tenants who are attracted to our rental units but those who may continue to work, but have not choice but to find affordable housing options well outside of the GTA. What this means, and what is likely to be shocking to some current and would be GTA investors, is that while Toronto's vacancy rate has jumped to nearly a 50 year high to over 5% (fyi it was less than 1% only 1 year ago, pre-pandemic), rental vacancies in my targeted investment hotspots continue to remain at or near all time lows, while rental rates have continued to move even higher over the same period. Indeed the shift to more affordable housing options outside of the GTA, for those tenants and home buyers who can no longer find affordable housing options in cities like Toronto, has been happening for about a decade now. The only thing that has changed during the pandemic is a massive acceleration of this trend for both tenants and first time buyers alike. All this has resulted in higher rental rates and substantially higher real estate values in our targeted markets which is a now a stark contrast to the Toronto market. Furthermore, given the highly frothy and speculative GTA real estate prices, the GTA market is also more prone to deeper price corrections during a real estate market correction. This last one may also be surprising to real estate investors in the GTA. Indeed, during the GTA low rise market correction in 2017 as a result of Ontario's Fair Housing Plan (which in retrospect was anything but fair to tenants or landlords alike), property values plummeted 35%+ is some areas of the GTA. Whereas property price corrections in these outlying areas like Hamilton, Barrie and Niagara Regions were substantially lower than the GTA market. Moreover, real estate prices in all of these outlying areas reached all time highs again sooner than the GTA. Indeed, many segments of the GTA market have still not recovered to their all time highs seen in early 2017, whereas prices of properties in these outlying municipalities recovered to all time highs 2-3 years ago and yet still continue to represent better opportunities for property appreciation than properties located in the GTA. And once the gates to immigration are reopened post pandemic, I truly believe this trend to continue as rental and vacancy rates in Toronto recover back to all time highs, further constraining affordable housing options for tenants and first time buyers alike, thereby necessitating them to look further outside the GTA for their housing needs that are more aligned with their income levels and budgetary limits. Now that you have the facts, do you still choose to believe that real estate investment in Toronto represent lower or higher risk to investors who choose to continue to invest in the GTA than many of these outlying municipalities within commuting distance of the GTA? https://www.blogto.com//toronto-tenants-had-trouble-payi/

Wishing all my family, friends, clients, tenants and colleagues, and my entire "A Team" of professionals a healthy, happy, peaceful and insanely prosperous New Year! I love you all and infinitely grateful for all that you do, all that you do and all the adventures we have shared along the way. Stay positive, stay strong, stay resilient, stay healthy and get ready for an incredible 2021 as we leave 2020 in hindsight.... I can't wait to see you all soon to continue with our incredible adventures together in the New Year! I look forward to celebrating you tonight and for many more years to come! I can't wait to see you shine brighter than ever before in 2021!

Welcome to 151 Chatham Street, Brantford, ON Off-market deal: Only $695,000 It’s getting cooler outside and you say you have the winter cash flow blues? Well we have found the solution to warm you right back up!...Continue reading

It was an absolute pleasure joining Tom and Nick Karadza on the Rock Star Your Life, Your Terms Show. We chatted about what is happening to real estate markets ...across the entire Greater Golden Horseshoe Region, the exact investment strategies and municipalities that I currently target for both myself, my partners and clients. We also chatted about some unique strategies that I personally specialize in, including single family to not only 2 legal units but also 3 and even 4 legal legal unit conversions PLUS the absolutely incredible opportunities these represent. FYI, I am one of only very few investors and realtors in all of Ontario that currently has hands on extensive expertise with the 3 and 4 legal unit conversions, using only the existing building envelop of a property without any need to build any additions. In addition to sourcing these exact opportunities, I also assist my clients with creating optimal layouts for their 2, 3 and even 4 unit conversion projects to help them maximize their profits and marketability of their amazing brand new units to get them rented for top $$$. And since I am committed to ensuring their success, I even provide my clients with access to my very own contractors as I am committed to seeing them achieve their goals and dreams of financial freedom to enable them to live their very own Cloud9Life! We also discussed my latest 3 unit conversion project, including a former attached single car garage that I converted into a full 1 bedroom apartment/tiny home that is less than 234 square feet, that we positioned as a short term rental that generates upwards of $3,000 in gross monthly income on it's own and does not even include the other $3,145/month + hydro that we get for the other 2 new units on the same property! And although not as common as the traditional single family to 2 legal unit conversions, these opportunities are not just one offs. Indeed, one of my client's is currently working on his second single family to 3 legal unit project in less than 8 months (his first one is already fully rented for $4,750/month + hydro on a single property)! Another client will be closing on their very first 3 unit conversion project property first week of January with permit applications already submitted and looking to hit the ground running in less than 2 weeks upon closing and already eyeing their next 3 unit conversion opportunity. Yet another client, who has already converted 2 single family homes into 3 legal units each, has picked up another single family home that they are now in the process of converting into 4 legal units! I hope you enjoy the podcast and the several golden nuggets of info we share! And if you would like further insight and/or wish to explore these exact types of opportunities and what is involved/required to get these completed feel free to PM me. https://rockstarinnercircle.com/felixv/

Update: Looking forward to the finish line with my single family to do unit conversion project in Hamilton.

Such comments are irresponsible and do not reflect overall market conditions by real estate asset type/class or specific locations in the country. I live in the GTA but service the entire greater Golden horseshoe market both as a real estate investor, real estate investment coach and realtor specializes and focusses exclusively on cash flow positive income properties. From my own personal experience and on the street knowledge, the November real estate market has been plague...d by dwindling supply and massive demand for low rise housing all across the Greater Golden Horseshoe especially in the low rise housing under $1,000,000 segment of the market. The same holds true in the GTA. However there are signs of weakness and price correction in the high-rise segment of the market as more people are looking to move into the suburbs and outlying municipalities opting for freehold low rise housing with some green space instead of high rise condos. Therefore in reality, the real estate market is actually currently a tale of two cities, whereby massive demand and low supply dynamics remain intact in the low rise segment of the market. The opposite is true for the high-rise, condo market. Even then, Canadian real estate statistics are irrelevant as we live in a large country with very different economic conditions across each province and indeed even between one municipality to the next. I would caution readers to do their own due diligence instead of relying on headlines such as this as they do not paint the entire picture, real estate market dynamics accurately with such broad statements. As always, caveat emptor!

Congrats to my client Michal Wach. Michal just closed on this latest gem of a property yesterday and can't wait to start the demolition. His previous recently completed and fully tenanted 3 unit conversion project that he closed on in April this year, is already generating over $4750/month + hydro with an estimated over $2,000 if positive cash flow post refi each and every month... and that is from one single property, using the BRRRR strategy.... This will be his second 3 unit conversion project in just the last 6 months. Once completed, he will be banking a minimum of $4500/month + hydro in rent on this property with an estimated positive monthly cash flow of $1500-1750 per month as well. What is amazing about Michal is that in just over 2 years he has accumulated a great real estate portfolio of these nice cash flow positive gems. What's even more impressive is that he only started converting single family homes into legal multi-units in May 2019 last year and has since completed or is in the process of completing 4+ separate such projects. In fact, in just 18 months his perseverance and efforts have secured him over $60,000+++ in positive cash flow annually plus mortgage paydown and appreciation to boot with a return on his investment easily over 100%+ annually. Michal has truly transformed his and his family's lives through his real estate investments in a very short period of time. I am grateful for the opportunity in guiding Michal on his path to financial freedom as both his real estate investment coach and realtor specialized in sourcing these gems of opportunities for my clients. I expect that Michal will continue taking his quickly growing cash flowing real estate empire to the next level and look forward to guiding this newly minted real estate mogul to new heights in the months ahead! And as you can see from the photo of Michal in front of his newly acquired property/project, this truly brings a smile to his face ;) Congrats once again Michal. You are truly a Rock Star investor on your way to living your very own Cloud9Life on your terms! ;)

These are the five hottest real estate markets in Canada and Toronto and Vancouver aren't on the list Niagara Region plus 15.3 per cent Niagara Region home prices registered a year-over-year gain of 15.3 per cent in August....... We have a lot of people exiting the GTA and moving this way, said McCallum. If you can buy a property and get twice the house for the same money or less than what you’re leaving now, why wouldn’t you? I have personally been investing in Niagara Region for the past four years now along with my clients and partners. I can tell you from personal experience, the Niagara Region market is on fire now with multiple offer situations being the norm, and prices that continue to spike, especially given the anaemic supply of new listings. However, the area still offers incredible value, indeed among the very best in the Greater Golden Horseshoe, for both and use your buyers and investors alike. PM if you would like some further insight on the Niagara Region market and each respective municipal markets and what is driving them, including which specific neighbourhoods are best for investors and buyers alike.

Those who thought that the market would crash as a result of the pandemic are in for a rude awakening. I have personally been witnessing multiple offer situation’s or across the greater golden horseshoe area municipalities just outside of within commuting distance of the GTA. The crazy real estate market in Niagara Region specifically is even more cute than even this article, which mostly summarizes the current status quo, indicates....Continue reading

As part of my update on our current project in Hamilton I would like to highlight some out of the box best uses of previous dead spaces and optimal layout designs. All of which will translate into higher rents, optimized ROI and maximized positive cash flow.

HAMMER TIME! My daughter (aka tiny demo crew) had always wanted to demo just like they do on the reno shows. And yesterday she got the chance at my latest 2 unit conversion project in Hamilton. ... This is actually the very first time she ever held a hammer and did a great job! I don’t know what it is but there’s something really satisfying about punching holes in walls during a demo. Could she become a future HGTV renovation superstar? Stay tuned!

Check out my interview with Maria Rekrut earlier today on legal 3 unit conversion projects and how to run short term rentals the right way during the Pandemic.

Join me for my interview Thursday, July 23, 2020 at 3:00 pm EST, with Maria Rekrut, Host and Founder of4680Q.ca - Real Estate Media News Radio and TV Network, where I will uncover my secrets on exactly How to Upgrade Single Family Homes Into Multi Unit Dwellings. I believe and have proven this strategy time and time again, for both myself and several of my clients, to be one of the best ways to building wealth, generating massive positive cash flows while maximize returns and... mitigating risks. PLUS I will also show you how to kick up this already amazing wealth and income generating strategy up several notches by combining and layering it with a number of other strategies to further juice your returns, further mitigate your risks and maximize your positive cash flow to hack your way to financial freedom, living life on your terms and your very own Cloud9Life.ca in a matter of months rather than years. I look forward to seeing you there and answering any questions you may have on the right way to execute these strategies. When: All Things Real Estate on Thursday, July 23, 2020 at 3:00 pm EST on: Where: https://www.facebook.com/RealEstateMediaNewsRadioandTVNetwork/

Like many other immigrants my own personal perspective of our great country is one filled with gratitude. May 12, 2020 marked 40 years since I first set foot ...in The Great White North, and what a ride it has been thus far. I am grateful for the abundance of opportunities that our country bestows upon all of us. I am grateful for my amazing friends, colleagues, clients, tenants and the life I have built for myself and my family. I have travelled the world and have experienced some truly amazing cultures and people across the globe, yet to this very day have found no other country that I would be more proud to be part of. Is our country perfect? Far from it. Yet I cannot see myself living anywhere else! Wishing you and your family an incredible Canada Day! I am blessed to have you part of my life and to share our life in this great country we all call home! And the privilege to live my life on my terms, and the opportunity to help and guide all Canadians to their very own Cloud9Life in this great country of ours? Well that’s just the cherry on top!

Good article. I have been highlighting these trends for several years now and they have only been exasperated even further by the COVID-19 pandemic. Indeed, w...e continue to face fierce competition and multiple offer situation’s in most of our targeted estate investment markets, with a focus on great cash flowing properties. Bonus: Although we don’t exclusively focus on it, appreciation rates in our target investment markets have also substantially outperformed the GTA market over the past few years. Superior returns, less speculative/less risky real estate markets, as compared to the GTA, yet still benefiting from and within commuting distance of the GTA, combined with great possibilities for both affordable housing (where you can buy a fully detached house in a great area for about half the price of a Toronto condo) and positive cash flowing properties continue to make our target markets and neighbourhoods amazing options for both first time buyers and savvy real estate investors alike. If you are looking to gain even more insight with respect to our favourite targeted cities and neighbourhoods right now, feel free to PM me to set your free 15 minute one-on-one phone call where I can provide you with even greater insight and options for either your housing and/or real estate investment needs.

The Atlantic article below is a good read. As the saying goes when the US sneezes Canada catches a cold. Consequently, a prolonged recession in the US and that ...country’s specific risk factors will undoubtedly have material implications for the Canadian economy as a whole. Even with the best case scenario indicated in the article, what the author failed to mention is the likely spike in real inflation rates that could very well come to pass if the US decided (and that is still a big if) to extend its unemployment and other income support benefits to the insanely high unemployed portions of the population previously employed in the severely affected industries as a result of COVID-19. Personally, given the pathetic response in the US to the virus, with infections and deaths continuing to spike in several US states across the US including Florida, Arizona and Texas, I personally don’t see cross boarder movement of people between US and Canada returning to normal anytime soon. Indeed, the restrictions and closures of our own border to most international travel will have a material negative impact on both immigration levels and tourism within Canada which will continue to affect many businesses catering to these very groups in a very material way. Here in Canada, the economy continues to sputter in trying to restart, yet our world will continue to remain changed for the forseeable future. Darker days are likely still ahead with anyone hoping for a V-shaped recovery are out to lunch. The full and brutal economic fallout of COVID-19 has yet to come to pass. Especially once fiscal and government stimulus and household benefits begin to expire and dry up, as they inevitably have to at some point. After all, the government can only print so much money before massive inflation takes root. Even worse, stagflation, a period of high inflation and low economic growth, may very well entrench itself in our economy, as well as many other economies across the globe, for many years to come causing much suffering not just in Canada but across the world. And once our government leaders dig that hole for us, it will be extremely hard to dig ourselves out of it, as all bets would come off with respect to our economy as those without hard assets will get decimated. More than ever before, if you or your family or anyone you know continues to depend on either an employer, our government or anyone else for their financial future, you need to be aware of the substantial risks involved in continuing to do so. Only by owning assets, especially income generating and cash flowing assets, such as income properties can any of us truly protect against these increasingly likely dire eventualities. As always caveat emptor! Let the buyer beware, including anyone who continues to buy in to any of the BS that we continue being fed by all levels of government and overly optimistic news headlines. Instead it is time to bet on the one person you can count on: yourself! It is time to face some hard truths and ask yourself this one tough question: What are you doing today to protect yourself, your family and all those you love from exactly these type of dire economic possibilities? If the answer is not much than it’s time to rethink your life’s plan... and soon! If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much. - Jim Rohn

Introducing our 3 unit all Executive SuiteStay mini hotel. We can accommodate as little as 1 up to 22 guests (if booking all 3 units at the same time) at this property, making our property ideal for both romantic getaways, family fun and an exceptional cure from cabin fever with all of us having been cooped up over the past several months. Located in Welland, ON all our stunning suites come fully stocked with everything our guests come to expect from a superb short term renta...Continue reading

***WOW!!! COMPLETELY RENOVATED 2 BEDROOM, 1 BATH LOWER LEVEL APARTMENT*** One of a kind custom built and fully updated, deluxe executive, LOWER LEVEL UNIT in a fully detached home. This home is located on a quiet street near Niagara Street and Thorold Road in a highly sought after and rarely available family friendly Welland neighbourhood. Situated on a large premium lot backing onto Welland Canals Trail with spectacular views of Welland River and Merritt Island with no rear ...Continue reading

This was our first single family to legal conversion project in Niagara Falls that we completed 3 years ago. Since then we have refinanced the property, pulled out all our renovation costs and most of our initial investment and now generate monthly positive cash flow of nearly $1,100 on a nearly free property. The gift that just keeps on giving! :) Remember, regardless of how the economy or the real estate market is doing, as long as there continues to be limited supply and high demand for affordable housing units, providing affordable and nice roofs over people's heads will always remain in style. After all, shelter is not simply a want but a very real human need and there will always be a need for these types of units.

Just listed, our brand new 2 bedroom, 1 bath large basement 2 level unit in North St. Catharines. Several unforseen challenges encountered with this project but we finally got this one done! However, over the long term all challenges encountered will simply end up being a few short term pains for some truly extraordinary gains as we fully expect post refi cash flow on this one to come in at over $1000 per month. PLUS, since we are big fans of using the Buy, Renovate, Rent, ...Refinance and Repeat (BRRR) strategy, once we refinance we expect to pull out our built up equity from both the renovations and by having our original tenants pay down the original mortgage for the past 3.5 years to enable us to recoup all our renovations costs and very likely all of our initial investment (down payment and closing costs) as well. When executed properly, it's like getting the property, renos and even this entire property with 2 amazing brand new units absolutely FREE while also banking $1,000 in monthly positive cashflow... quite feasibly FOREVER, plus still retain an additional 20% in equity in our property post refi! And once our tenants ultimately pay off our mortgage on this property, that monthly cash flow should spike to over $3,000 each and every month! But for now we look forward to selecting some very lucky tenants to be the very first occupants of both of these 2 brand new units. :) In addition to this single family home to 2 unit conversion project, we were also simultaneously converting a single family home into 3 LEGAL units in Welland that we just completed as well, including a one bedroom unit that is less than 234 sq feet in total that we created out of a former attached single car garage! I was inspired by the whole tiny home movement and final occupancy has recently been granted. We are nearing completion of furnishing this specific tiny yet extremely functional "tiny home" as we are positioning it as a short term rental. In addition, we have a main floor unit that is already rented and a brand new 2 bedroom, 1 bath unit in the basement as well in this amazing 3 unit home. And yes, we are using the BRRR strategy for that one as well. Stay tuned for photos, proforma numbers and more details of our other just completed 3 unit project! ;)