Even with recent market pullbacks, it is still hard to cash flow a single-family home. This is why the duplex conversion (basement renovation) has proved so popular for the last few years.
But even then things can be very dependent on the type of property and of course location.
Unless there is a large enough lot. That is when the hybrid model really pays off.
Watch as we show you the lot size and potential and walk you through the conversion in progress.
Look for further project updates on this property.
The 5% Basement Rule Explained
https://youtu.be/0EaL-GX6MIw
Basement Conversions: When 2 Bedrooms Make More Sense Than 3
https://youtu.be/4R5LuaX3p9w
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Thank you for taking the time to watch. If you feel you got some benefit from this video, please like, comment and share it so others can get to access the knowledge. If you want to learn more about how I can help you with your own real estate investing goals, visit my website - https://BlueOrchardPropertyGroup.com - where you will find more resources on various options for real estate investing.
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Disclaimer and Waiver – Blue Orchard Property Group/ Chris Shebib is not an investment advisor and is not licensed to sell securities. None of the information provided is intended as investment, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement, of any company, security, fund, or other offering. The information should not be relied upon for purposes of transacting securities or other investments. Your use of the information contained herein is at your own risk. The content is provided ‘as is’ and without warranties, either expressed or implied. ______________________________________________
About Chris Shebib & Blue Orchard Property Group
Chris Shebib is a realtor, podcast host, coach and award-winning real estate investor. He’s been in real estate for 20+ years with a proven track record in both Canada and the United States.
He has managed hundreds of thousands of dollars of renovation and contracting projects in Canada and the US, bought and sold homes, helped generate returns on investment properties, received a National Top Investor Award and been featured in numerous national and real estate media.
Bottom line he has done a lot of the heavy lifting for you. Having been involved in all aspects of real estate, trying, sometimes failing, learning and developing the right formula so you benefit from all of that knowledge and realise your own dreams and implement your own wealth plan.
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