How a Preconstruction Deal Led to a Great Portfolio!

Guest: Ross Nedaee Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Ross Nedaee. Ross has an interesting story… he began with very small payments of only $500 per month and a downpayment of $2,500 on a condo in Toronto. He got his first taste of appreciation with this property and was able to quickly build some equity that he then used to move on to more active projects. Buying discount multi-family properties has helped Ross acquire good properties with some vacant units. This is how he was able to get the best rent and analyzed the properties. He asked for a discount and asks a lot of questions, the worst you can get is a no! Everything can now be done remotely, take advantage of technology.  In this episode, you will learn about: How a preconstruction condo got Ross started!Using a HELOC for successNow doing the BRRRR to scale up and build a portfolioLooking for vacant units to be able to increase rent, etc. Building a team remotelyMultifamily properties to mitigate riskNetworking and Meetups to establish a presenceHouse hacking tricks and tips Get in touch with Ross:Instagram: @ross.nedaee Website: https://linktr.ee/rossnedaee This episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/ Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/Susan Corcoran & Sue Ore of Complete Properties Inc.The post How a Preconstruction Deal Led to a Great Portfolio! first appeared on Sarah Larbi Developments.