Managing Expectations & Investing With Family For Major Growth

Guest: Joe Costanza, Real Estate Investor Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Joe Costanza – Real Estate Investor Joe started investing almost 3 years ago. His focus was on the Hamilton area doing BRRRR projects. He’s more recently shifted to Sudbury. Most of his investment happened during the pandemic and he’s seen amazing appreciation. It really helped him scale and grow but as we discussed, we always have to plan for the worst if a downturn was to happen. Joe is hedging his investments by focusing on high cash flow. He’s self-managing to increase cash flow to protect his properties. There are still opportunities in hot markets such as Hamilton. Joe now has partners to help him invest and grow into the multifamily properties. Joe works with family members and he’s been quite successful at doing so.  In this episode, you will learn about:  How to not over-leverageRising interest ratesThe importance of cashflowDCR ratios (Debt coverage ratios)Rent vs. purchase price and its importanceThe power of multifamily investmentsHow to manage expectations with JV partners Get in touch with Joe:Instagram: https://www.instagram.com/josephcostanza/This episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/ Jon Tenbrinke of https://blackjackcontractinginc.ca/Meghan Chomut CFP – www.meghanchomut.com/sarahThe post Managing Expectations & Investing With Family For Major Growth first appeared on Sarah Larbi Developments.