How to add laneway houses and coach houses for more income. Paving the new path for investors with Brady Mcdonald
First Responders Wealth Network Real Estate Investing Podcast · 911WealthNetwork.com
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Show Notes
Brady McDonald of BK Real Estate Investing has purchased $60M worth of properties and involved in over $80M dollar's worth of transactions over the years.
In this episode he's going to share with you some of the ways to renovate, purchase, and even add an additional house/dwelling onto your existing property. BRRR, Flipping, buy and hold….we talk about it all. Listen to this podcast and learn how to gain more profit in real estate, and how to stay up to date on new trends and laws being passed, such as new laneway or secondary dwelling rules!
Highlights:
- 8:03 Converting garages into living space
- 8:49 Knowing the process well
- 9:03 Slab on grade/ Maxing out on specific square feet
- 9:41 Maximizing the return and least amount to build + max amount for renting
- 9:50 Challenges when connecting to services
- 10:55 How to make triplex profitable
- 12:30 Converting existing properties
- 13:40 Renovation process and construction time frames
- 17:09 How to market or make campaigns in getting more deals
- 20:28 What to look for in an acquisition manager
- 25:15 Using strategies that get leads
Links:
Facebook: Brady McDonald Website: BK investing
IG Handle: @bk.brady