Buy off market deals, Investment Properties, Joint Ventures

01/31/2020

Great Off market deal! 100K under market value.

05/27/2019

Off-market Single Family - Brantford, ON

Purchase price: $210,000
Current value: $225,000

ARV: $285,000-300,000.

Property Details:
- Brick 2-storey century home
- 3 bed/1.5 bath
- Full basement with 7ft. ceiling height (could add another bedroom)
- 2 parking spaces
- Fully fenced yard
- Beautiful original character and 10 ft ceilings

Renovation costs: ~$40,000

Projected Rents: $1,750/mo + utilities

Only leave $20,000 in the deal after refinance ---> $68,000 cash back refinance post-renovation!

04/18/2019

Another great deal!

25 Mill Creek Road, Cambridge, Ontario N1R1J5

04/15/2019

WELLAND TURNKEY SINGLE FAMILY WITH SECONDARY SUITE OPTIONS

CITY: Welland

ASKING PRICE: $406,000

OPPORTUNITY
● CONSERTIVE PROJECTED ANNUAL INCOME: $32,400
● PROJECTED MONTHLY CASH FLOW: $519.86
● ZONE: RL1 which allows for an accessory suite and would not require any variances ­
confirmed with Christopher Mazzuca of the Planning Department at the City of Welland
● TURNKEY OFF MARKET OPPORTUNITY that has the potential for additional income
with a secondary suite conversion
● Completely done with high end finished on the main floor
● Basement finished with bathroom with the possibility to convert into a secondary unit
● Vacant possession
● NIAGARA RENOVATES PROGRAM
○ Up to $25,000 FORGIVABLE loan with a 15 year term
○ Program through Niagara Regional Housing
○ http://www.nrh.ca/homeowners/NRP­Secondary­Fact­Sheet.shtml

KEY POTENTIAL FOR ADDITIONAL INCOME

○ Secondary unit conversion with the space to add two bedrooms within
○ One car garage for additional income
○ Possibility to have a common area laundry and install coin laundry

INVESTMENT STRATEGIES
● Secondary suite conversion
● Rent to own
FUNDS REQUIRED
● $198,000 (inclusive of 25% down payment, closing costs, $75,000 secondary suite
conversion costs (most likely will be lower) and $6,000 assignment fee
ELITE PROPERTY INVESTMENTS SERVICE AREAS

○ Tenant occupancy
○ Connection to local renovation contractors and/or skilled tradesman
○ Connection to legal advisory ­ Lawyers, Accountants, Mortgage Brokers
○ Property management service option to buyers and partners

4/12/2019 OPPORTUNITY SHEET - Google Docs

https://docs.google.com/document/d/1n0Pby0b8fe2KTIe8lTXbVuqPcG0SgNGwyFFbQoFQxco/edit 2/2
EXIT STRATEGY
● Retain this Turn Key investment and add a secondary suite for double the income
● Add a secondary suite and sell the property with VTB option to another investor
● Add a secondary suite, occupy with tenants, refinance and hold with cash flow
● Add a secondary suite, occupy with tenants then sell to an investor as a turnkey
investment opportunity

04/05/2019

Duplex Conversion - Brantford, ON

Purchase price: $345,000
ARV: $460,000

Property Details:
- Detached bungalow
- 5 bed/2 bath (3/1 upstairs and 2/1 downstairs)
- Newer windows
- Newer roof
- Updated furnace and AC
- 1.5 attached garage
- Full-finished basement with regulation ceiling height = bedrooms and bathroom already set up!
- Double-wide drive
- Fenced yard
- Fantastic neighbourhood in good school cachement
- Close to 403

Projected Cash Flow: $825 per month!!

04/05/2019

Private Funds

If you're a flipper or renovator and looking for access to private funds, reach out to me for more details: (or, if you're a private lender looking for secured 10-12% returns on trusted real estate ventures).

Purchase price: $199,000
Preferred Closing: July 1st

Can be a wholesale OR joint venture

Property Details:
- 2 storey single-detached
- 4 bed/2 bath
- Single detached garage
- Full basement
- Separate hydro meters
- Fenced yard
- Convenient North End neighbourhood
- 5 min drive to downtown and grocery stores, shops and restaurants
- Close to 403
- Bus stop right outside front door

**Can be re-converted into a non-conforming duplex**

ARV: $280,000-$300,000

Projected Cash Flow: $200-530/mo (depending on duplex option)

03/29/2019

Re-posting with some financial info:

Single Family Home with In law suite (walk out basement)

Sale Price: $497,000.00

This is a great starter home for a growing family with income potential or just as an investment property.

We have a single family home Bungalow with an In-law Suite setup for sale in Cambridge Galt area.
3 BR/1 bath on main level
1 BR/1 bath on lower level
Lot size 50*102
Taxes $3,490.00
Single Car Garage
Double wide driveway
parking for 5 cars
Waking distance to all major box stores, grocery stores and restaurants, schools.

Tranquil backyard backing on to green space with walk out basement is a rare fine.

Priced at least $20,000 below the comparable.

Lower level is rented out for $1150 and upper level is rented out for $1600. Tenants pay there utilities.

03/27/2019

Rental/Lot Severance - Brantford, ON

Purchase Price: $220,000
ARV: $280,000
Closing: Mid-April

Renovations: $40,000

Property Features

-3 bed/1 bath
-Central location
-Deep lot; adjoining a second lot with rear access that can be severed
-Rents: ~$1,600/month

A realtor brought a property in Brantford to our attention recently. He currently owns the neighbouring property to the property for sale. The lot sizes combined, would allow for a severance and a new build to be developed.

The green X indicates the property already owned by the realtor bringing this to our attention. The blue X indicates the property that is currently for sale ($220 000). The red box drawn, indicates the piece of the properties that would be severed. There is currently a garage on that property that belongs to the realtor and would be removed in this scenario. Our plan would be to keep the existing house as a rental and to build a new home on the newly severed piece with a basement apartment to maximize cashflow.

03/26/2019

Single Family Home with In law suite (walk out basement)

Sale Price: $497,000.00

This is a great starter home for a growing family with income potential or just as an investment property.

We have a single family home Bungalow with an In-law Suite setup for sale in Cambridge Galt area.
3 BR/1 bath on main level
1 BR/1 bath on lower level
Lot size 50*102
Taxes $3,490.00
Single Car Garage
Double wide driveway
parking for 5 cars
Waking distance to all major box stores, grocery stores and restaurants, schools.

Tranquil backyard backing on to green space with walk out basement is a rare fine.

Priced at least $20,000 below the comparable.

Lower level is rented out for $1150 and upper level is rented out for $1600. Tenants pay there utilities.