E109 How to Develop Properties Without Draining Cash Flow?

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In E109 of the REI Hot Seat, Andrew Hines, along with guests David Hulshof and Brad McCrae, centers the conversation on how Donald Trump’s re-election could impact Canada, particularly the real estate market.

In E109 of the REI Hot Seat, Andrew Hines, Brad McCrae, and David Hulshof discuss a promising property deal near Bruce Power, Ontario.

The property stands out for its financing flexibility, qualifying for CMHC programs with only a 15-17% down payment, allowing for immediate positive cash flow.

It offers significant development potential, with existing income from 12 storage units and the ability to expand with up to 16 additional residential units.

The discussion highlights the advantages of investing in smaller communities, where municipalities are more cooperative, making zoning and permitting processes simpler than in urban areas.

They also explore efficiency upgrades, including adding coin-operated laundry and heat pumps, to increase cash flow and tenant satisfaction.

The team highlights the deal's low-risk nature, supported by multiple income streams and development opportunities, making it ideal for investors seeking stable returns and growth potential. The episode concludes with a teaser for upcoming REI courses and a call for audience suggestions.

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E109 How to Develop Properties Without Draining Cash Flow?

1:05 - Intro

2:01 - CMHC Financing and Cash Flow Potential

4:45 - Adding Value with Storage Units

9:20 - Affordable Rents and CMHC Points System

13:50 - Efficiency Upgrades and Coin-Op Laundry

16:05 - Development and Expansion Plans

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.