Truth About Real Estate Investing - Maximizing Rents With Basement & Garden Suites

This week's episode reunites me with one of my oldest real estate buddies, Andy Tran! I still remember that crazy first deal we did together in 2010. Fast forward to today, Andy's become the go-to guy for maximizing rental income with secondary and tertiary suites ( basement apartments, garden suites…). He's consulted on over 100 conversions for my clients and I. Tune in to hear Andy's insights on how to maximize rental income that can be generated from one property. – you won't want to miss it! In this episode, you'll also learn: How to make 2nd suites legal How to find the highest and best use for a property Where Andy the expert is looking to invest If you’d like to learn more about Andy’s services available at Suite additions, simply go to www.suiteadditions.com where he has checklists and beginner guides to secondary suiting plus his in person training program 👉TIMESTAMPS: 00:00 Introduction 06:24 Real Estate Investment Strategies 14:58 Basement Suites & Infrastructure 31:21 Motivated Condo Sellers 36:31 Converting Garages 41:51 Future Urban Planning Trends 50:57 Toronto's Housing Policy Innovation 1:03:05 Investment Opportunities 1:08:17 High-Demand in Smaller Cities 1:06:29 Diversification in North America _____________________________________ This podcast episode is also available on: 👉iTunes:https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294 👉Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr 👉Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz 👉 Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5 AND everywhere else, you listen to podcasts! _____________________________________ 👉 WATCH NEXT: ▶️Side Hustle 14 Houses in Georgia USA: https://youtu.be/E_w_8Y1xDyw ▶️A Canadian Cash Flowing $10k USD Per Month on 20 Houses in the USA: https://youtu.be/Oq9KSEUes1s ▶️Canada's Largest 🏢R.E.I. Conference: https://youtu.be/qGeD9Z9_fKY ▶️ Mastering Real Estate Cycles: Insights from CEO of REIN: https://youtu.be/jQrWEQXOtds ▶️Tom Karadza, co-founder of Rock Star R.E. on Coaching 1000+ members to Success: https://youtu.be/QopRhZDt1XI _____________________________________ 👉 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. _____________________________________ 👉 ATTEND OUR UPCOMING EVENTS (Most of them are FREE): https://www.infinitywealth.ca/events _____________________________________ 👉 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