Last month the Real Estate Investment Network (REIN) announced the Top 10 Ontario towns to invest in. The Canadian Real Estate Wealth Magazine published the list. In case you missed it, here’s the story:
In a comprehensive report, REIN also identified two real estate investing strategies that can offer the biggest bang for your buck in these Ontario markets – Fix and Flips and Rent to Owns.
You’ll hear from Luc Boiron, a Toronto-based savvy millennial who has done 12 fix and flips so far. He will explain the costly traps of fix and flips and how to avoid rookie mistakes such as;
• over-paying for the property
• under-estimating the renovation budget
• handling delays and inefficient contractors
Using a real life example of a flip where the profit was $85k, Luc will share insights from purchase to rehab to profit.
You’ll also hear from me, Rachel Oliver. Since 2009 I have done 220 Rent to Own deals across Ontario with my husband (Mr. No) and we have RTOs in every single market listed on REIN’s top 10 towns. I will explain the math and the method we use in today’s real estate market to make $800 in monthly cash flow and reduce common risks. Plus, I’ll share;
- which Ontario towns are most RTO-friendly (which towns to avoid)
- the biggest pitfall of RTOs
- 3 emerging trends that can affect RTO profits
About Luc Boiron (pictured above):
Luc Boiron is the President of Bliss Realty Inc. He has been investing in real estate in the Greater Toronto Area since 2007 and is one of the premier house flippers in the GTA. He has bought 20 properties since March 2016 and is currently renovating 7 properties across the GTA.
Luc is a licensed lawyer with a JD from Osgoode Hall Law School and an MBA from the Schulich School of Business.
About Rachel Oliver:
Rachel Oliver is the author of Amazon best-selling book Rent to Own Essential Guide for Homebuyers, co-host of Mothers of Real Estate of TV show and Real Estate Investment Advisor with Real Estate Investment Network (REIN). Together with her husband – Mr. NO – Rachel owns and operates Clover Properties, best known for helping investors generate above-average cash flow, without the hassles of tenants and toilettes. Rachel is often featured in Canadian Real Estate Wealth Magazine and REIN Life Magazine, interviewed on TV and podcasts and speaking at industry’s top events including Investor Forum, ACRE and REIN.
Reserve your seat now (these events sell out).
Admission: $30 (cash or credit at the door)
Refreshments and snacks provided.
Ample free parking.
See you there!
Rent to Own Expert (www.RethinkRentals.com), Bestselling Author on Amazon, Certified Real Estate Investment Advisor with REIN Canada, Co-Host of Mothers of Real Estate TV Show and Co-Creator of "MORE Confident Real Estate Investor Training"