Truth About Real Estate Investing - Converting a Dozen+ Houses Into Triplexes

This week's guest, Kelly Caldwell, is a real estate powerhouse. She and her husband, Jeff, have transformed over a dozen houses into rental properties with basement and garden suites. They're local leaders in Collingwood and stars of the new HGTV-inspired show, Home Suite Home. Kelly shares her remote investing journey, renovation tips, and in-depth numbers on basement conversions and garden suites. Plus, she's the first guest to discuss the benefits of polished concrete floors. Don't miss this episode! To follow Kelly: 👉Instagram: https://www.instagram.com/itshomesuitehome/, https://www.instagram.com/the_dash_investher/ 👉Realtor website: https://caldwellrealestategroup.com/ 👉The dash poem: https://noahwatry.medium.com/the-dash-poem-by-linda-ellis-33fe4d54a1b4 👉ADUSearch: https://adusearch.ca/index.html 👉TIMESTAMPS: 00:00 Introduction 07:01 Kelly's Investing Journey 16:11 ADU vs. Duplex Costs 20:22 Benefits of Polished Concrete Floors 22:08 Electric Heated Floors 26:38 Cost-Saving Strategies 28:52 Incremental Financing 32:58 Stabilizing Your Real Estate Portfolio 39:06 Importance of Clear Real Estate Goals 41:19 Transparent Housing Design 45:35 Maximizing Basement Apartment Efficiency 52:09 Property Management Challenges 54:03 Investor Bankruptcy Warning 1:00:38 Converting Houses to Rentals 1:05:10 Community Involvement in Development 1:11:43 Overcoming Tough Times _____________________________________ This podcast episode is also available on: 👉On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294 👉On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz 👉Amazon Music: https://music.amazon.ca/podcasts/40fe627d-dec7-4f5d-b7e5-90a550fffe46/the-truth-about-real-estate-investing-for-canadians 👉Audible:https://www.audible.ca/podcast/The-Truth-About-Real-Estate-Investing-for-Canadians/B08JJS91WR _____________________________________ 👉 WATCH NEXT: ▶️Pitching & Building Tiny Homes on Dragon’s Den: https://youtu.be/S8JGDlNMA0g ▶️Managing Six Figure AirBnbs in Canada & USA: https://youtu.be/eKYCQlF9hZk ▶️Navigating Legal Structures and Taxes: A How To for Canadians Investing in the U.S.: https://youtu.be/S2mOXOlLlnU ▶️From International Student to Stock Option Investment Coach and USA Apartments: https://youtu.be/l51IPiOVRPg ▶️How a Nurse Became a Millionaire & Top 1% Realtor: https://youtu.be/95XaZSoLy54 _____________________________________ 👉 WANT TO BUILD WEALTH WITH REAL ESTATE? If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients, please let us know. New investor or seasoned veteran investor, we can help anyone by providing our award-winning coaching services, and this isn’t all talk. Only work with the best is what my father always taught me. If you’re interested, drop us an email at [email protected]. I hope to meet you at one of our meetups soon. _____________________________________ 👉 SIGN UP TO FOR THE IWIN REAL ESTATE NEWSLETTER AND GET PODCAST EPISODES SENT TO YOUR INBOX: https://www.infinitywealth.ca/newsletter-yto _____________________________________ 👉CHECK OUT MY LATEST GUIDE ON THE BEST CITIES TO INVEST IN THE USA https://www.infinitywealth.ca/usreport-ig ____________________________________ 👉 FIND ME ON SOCIAL MEDIA: Facebook: https://www.facebook.com/erwin.szeto Instagram: https://www.instagram.com/erwinszeto/ _____________________________________ #truthaboutrealestateinvesting #RealEstateInvesting #canada #usrealestate #realestate #financialcrisis #erwinszeto #erwinszetopodcast #InvestingTips #preconstruction #condo