What Are The Pros And Cons Of Building New VS Remodel
Channel: Darren Voros
Date: 2022-04-19

What Are Pros And Cons Of Building New VS Remodel

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****DISCLAIMER:
With any and all investing you should always obtain independent legal, taxation and financial advice from a licensed professional before investing any of your own money. 

Time Map
00:00 in the video
00:08pros and cons of building new vs remodelling
00:39 pros of building new
00:42 unexpected costs and surprises
01:02 special tip
01:30 separating out utilities 
02:12 fire separation and soundproofing 
02:46 faster timelines 
02:58 less maintenance 
03:20 better loans terms
03:34 https://www.cmhc-schl.gc.ca/en/professionals/project-funding-and-mortgage-financing/mortgage-loan-insurance/multi-unit-insurance/mliselect
04:03 Darrenvoros.com
04:07 cons of new building
04:09 municipal approvals
04:33 building code
04:45 higher costs
05:50 info@redidevelopments.ca
05:58 Quickbooks accredited investor

My favourite real estate investing software
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Project Management - https://mondaycom.grsm.io/darrenvoros6613
Property Analysis - https://dealcheck.io?fp_ref=darren84

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Learn about renovation and construction: https://www.youtube.com/watch?v=AUuJt_bqb_g&list=PL-NyrPfvzoe1zDah1Q4fRq9VeTKZqqjAv

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Darren Voros

Darren’s diverse skillset has taken him to many stages around the world. He has been featured as an on-air renovation expert on “The Goods” (CBC) and “CityLine” (CityTV). Darren was also the behind the scenes contractor on “Save My Reno” (HGTV) and “Game of Homes (W Network).
Darren is an accomplished real estate investor, trainer and coach. He controls a portfolio of properties worth just over $10,000,000 and has travelled across North America educating, inspiring and motivating audiences on the subject of real estate investing, financial independence and financial literacy. Darren’s willingness to give back prompted him to launch his YouTube channel in 2020 in order to have a wider reach in educating investors.