All Forum Posts by: Brian Hosier

What is your typical cash-on-cash return for investors?

Hi @Tanvir Ahmed Sunny, nice to connect on BP. We have a regular meetup of local BC investors and you're welcome to join us. Check out our Facebook group at https://www.facebook.com/group...

Hi @Noah Audette, the FB group is a mix of veterans and newbies so you’ll be in good company. We are all just trying to help each other and share info.

Hi @Noah Audette and welcome to the BP community. If you're looking for an agent who is also an investor, checkout @Sol Yasin. He a good guy who is also a BP member. He works out of Pitt Meadows but I think sells across the Lower Mainland. If you want to connect with other local BP'ers, checkout our Facebook group at https://www.facebook.com/group...

We have a local get together every month or so to share info and network.

Hi @Noah Audette and welcome to the BP community. If you're looking for an agent who is also an investor, checkout @Sol Yasin. He a good guy who is also a BP member. He works out of Pitt Meadows but I think sells across the Lower Mainland.

We have a local get together every month or so to share info and network.

Hi @Karlo Alamo, you definitely have an advantage if you are willing to move to where you invest. However, the Real Estate Guys say "Live where you want to live, and invest where the #'s make sense". If you are willing to invest passively OOS, then you can invest anywhere. 

I invest passive in a few rentals that are 1,000 miles away from where I live in Vancouver. I have a great trusted local team and they deal with all the headaches. However, it took me decades (and losing thousands of $$) to find a system like this that works for me. You have a solid strategy and I hope it works out for you.

Hi @Andrew Z., I currently invest with a Canadian company that is expanding into Cleveland next month. They offer a turnkey model that is really more like a syndication so it's truly passive and no headaches. Typical properties are $100k with $20k DP and a 15% Cash-on-cash return. They have close to 800 "doors" under management in Canada and the US. 

I have 3 rentals with them and will be purchasing more in 2021. Message me if you want more info.

Good luck with your RE journey.

If your looking for Cleveland info, I would recommend connecting with @James Wise. He's a broker/investor and has a great post showing the good and bad areas of Cleveland.

Good deal @Bob Galivan. Just curious, do you purchase all your rentals with no mortgage? I've always subscribed to the motto of "There's good debt and bad debt" and consider mortgages on rentals as good debt to leverage your investments.

Hope it works out for you.

I love turnkey investing because I want passive income without all the work that goes with the BRRRR strategy or managing your own properties. For me, syndication can also be a great opportunity because with it you are just one of many investors (typically as a limited partner or unit holder) and can make a solid return.

I have managed my own properties in the past but now value my time more so turnkey gets me there. It really depends on how you want to invest, where you want to invest, and how much time you want to devote to building your RE business. 

I'm not an expert but if you want to get on a zoom call and discuss the details feel free to message me.