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The Truth About Real Estate Investing... for Canadians

For Canadians by Canadians sharing the truths about generating wealth through real estate investing. This show is about getting rich slowly, investing is a marathon, no get rich quick methods will be discussed here hosted by award winning investor and three time Realtor of the Year Erwin Szeto aka Mr. Hamilton
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Aug 21, 2018

The bearish Ryan Carr is back on the show to share about his latest investment, a 250 square foot house.  That’s right, 250 sq feet. That may just be smaller than many of your master bedrooms in your homes.

Sadly that is the reality of today’s housing market. On a recent vacancy of mine that we just filled last night to four lovely young adults, vacancy is too low and rents are unaffordable to many unless folks are willing to share.

The young adult tenants we signed were willing to do just that.  The applicants we didn’t get were often couples who could not afford the rent, to them I would highly recommend to find some friends and share a house together.  Four adults making a total of 8,000/month can afford a lot more places than just two adults making $4,000/month.

 

Anyways, Ryan is becoming a regular guest of ours, he invests in the far east areas, east of Toronto, the markets he invests in including Oshawa are behaving differently than what we are seeing in the west so it’s great to hear his perspective on his market and what creative ways he’s thought of to make money in real estate.

 

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