How To Do A Multifamily BRRRR. Value-Add Apartment Investing In Canada.
Channel: Darren Voros
Date: 2021-01-29

Are you interested in buying an existing apartment building and using the BRRRR strategy to increase the value of the building and increase the cash flow? Have you considered buying property in a market that you don't live in? What are the pros and cons of doing renovation work on your own projects?

Canadian real estate investor Darren Voros sits down with Frank Sellan to discuss his recent acquisition in Moncton, New Brunswick. Frank discusses how he was able to find the property, the financing terms, the renovation timeline/budget, how's he's going to be able to pull out all of his invested capital and how the building will generate approximately $50,000 in cash flow every year.

To reach Frank send him an email at frank@fkls.ca.


****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. 

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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.