RISE Real Estate Investing Podcast Ep. 124: Transforming Abandoned Properties
A visionary dreamer and master renovator behind Tiny Homes - Garage Edition, Seif has renovated over 150 units in 3 years. A self-pronounced workaholic, when not at the office, he's on the hunt for abandoned real estate that can be turned into luxurious rentals in great neighborhoods. Armed with boundless creativity and unwavering passion, Seif breathes new life into these abandoned properties, transforming them into awe-inspiring dream homes.
In this episode we discussed:
- His journey since 2016
- How market conditions impact the strategy and financing available
- How he progressed from single family home conversions to garden suites
- Garden suites ability to generate cash flow
- The challenges and considerations in converting properties to four units
- The factors for Unit Conversion Suitability
- Strategies for New Investors
- The importance of maintaining a balance between short-term and long-term strategies
- The significance of prioritizing long-term project success and value addition in real estate investments
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If you or anyone you know is looking to sell their house, visit: www.fastontariohomebuyer.ca