Located in beautiful Penticton, BC walking distance to Okanagan Lake, downtown, and Okanagan College, this front and back duplex was purchased in May, 2022.
It was renovated and initially rented out for short-term and mid-term rentals. The BRRR strategy was applied to this property.
As of February 1, 2024 due to changes in Short-term rental regulations, these two units were converted to long-term co-living rentals where the tenants just brings their suitcases and everything else has been provided.
Located in the cute little town of Peachland in the Okanagan, BC, this home was purchased in July, 2021 with renovations completed at the end of November, 2021.
The BRRR strategy was applied to this property.
This cozy blue cottage on the hill, sits above the highway with a panoramic view of Okanagan Lake.
This home called “Fireside Lakeview Retreat” has been rented as a short-term rental on Airbnb and VRBO with 5 stars and is in the top 5% of listings on Airbnb.
In April, 2024, Peachland introduced new regulations that restricts the rental of this property to 30 days+.
Purchased in August 2000, this 1980’s condo unit in Abbotsford, BC of 2 beds and 2 baths in original state was renovated to add an additional bedroom adding an immediate forced equity of $30K and additional monthly revenue of $500.
The renovation itself without the additional room also increased the value of the unit and the rental revenue.
The financing strategy used here was Mortgage + Improvements which negated having to refinance after the renovations and any legal costs and penalties. This unit is a long-term rental.
Located in Abbotsford, BC, 20 minutes walk from University of Fraser Valley (UFV), this 1980’s condo unit with 2 beds and 2 baths in original state was renovated to add an additional bedroom, adding both forced appreciation and increased rental revenue. It was a rinse and repeat of the one purchased in August 2020 including the use of Mortgage plus Improvements for financing.
Purchased in December 2020, this unit went through two different rental strategies. Originally long-term rented, it was furnished after the long-term tenant moved at the end of the 1-year lease agreement and rented as 30 days+ mid-term rental. This unit hosted University Professors, Students and a Civil Engineer.
Sold in February 2024 with an increase in market equity of $120K after renovations cost.Purchased as a new build in December, 2020 with a suited basement, this ½ duplex is located in a quiet family oriented area in North-east Calgary, Alberta as a Joint Venture Partnership as the Managing Joint Venture Partner.
This suited ½ duplex was rented as a long-term rental boasting monthly cashflow and sold in May, 2024 with market appreciation of over $200K.
This new build side by side duplex with fully suited basements boasting 4 suites in total, in a beautiful family oriented sub-division in North-East, Calgary, Alberta were purchased in April, 2020.
These four units were rented as a long-term rental from April, 2020 until it was sold in January, 2022. These units experienced amazing monthly cashflow and equity in the sale.
This beautiful single family home with suited basement located in Barrie, Ontario was an investment as a Financial Joint Venture partner in partnership with BV&Co
This home was long-term rented with consistent positive cashflow of $525+ and sold in July, 2021 when the market was at peak for equity.