FAQs

Q?

Is it better to do a flip or better to do a long term hold?

A.

discover this info here Good question, this really depends on the investor, some investors want instant cash flow from the flip and some investors only want equity in a long term hold. If the investor has cash flow from a job or business then they usually want equity since they do not need cash flow. If an investor has no cash flow then they usually want to do a flip to get cash flow.

Q?

Do you only invest and build in Toronto? Why not outside of Toronto?

A.

Yes, because the core of Toronto is the most safe investing and secure investing environment.  We only invest into areas that are 20-30 min commute from the downtown financial hub, since most of the jobs in the financial, tech, insurance, and consulting industries are all based in the downtown core.  We only like to invest into areas with core economic fundamentals with best rental rents and appreciation.  Toronto has the highest influx of immigration (75,000) per year out of all the cities in North America.  Toronto has seen an average of 5% appreciation and 2% increase in rental rates for the last 20 years. We are projected to have a population of over 10 million people by 2030. Toronto is becoming a major tech hub due to its skilled labour force and diversity and is outpacing San Francisco as the number one place for tech jobs.

Q?

How much money do I need to invest?

A.

Depending on the number of projects we have in the pipeline, we could use as little as $100,000 to a maximum of $2 Million.

Q?

How long does it take to build a custom luxury home?

A.

It usually takes about about 4-6 months to obtain drawings and permits and 8-10 months to build a custom home.

Q?

Why do you build multiplex buildings? why not just renovate?

A.

Our team believes in the brrrr strategy (Buy, Renovate, Rent, Refinance, Repeat) and we like doing it on both existing multiplex properties and building from scratch to force upside appreciation. When we build it brand new there is much less maintenance over the long term since everything is brand new and rents are at the highest possible level with the least amount of expenses. We also buy existing multiplexes and renovate but sometimes this can be more challenging since its difficult to get tenants out to be able to renovate.

Q?

Why do you invest into pre construction condos in Toronto?

A.

Depending on our investor profile we believe that investing into resale or preconstruction condos is the easiest way of investing in Toronto Real Estate. Not only can you get the best locations, with minimal cash down payments, but you get the best tenant profiles in the downtown core. These tenants are young professionals that work downtown and socialize downtown. This investment strategy has minimal work and is the safest investment strategy for the less experienced investor.

Q?

How many projects do you usually work on at one time?

A.

In Toronto with tight inventories and lack of supply our team is usually working on two projects at a time. We do not try to extend ourselves and try to ensure we execute the best level of design in every project we do for best return on investment.

Q?

Is it better to be an equity partner or get interest income?

A.

This really depends on the investor and the type of return on investment they desire. Some investors only like equity partnership and some investors only like interest income, everyone is different.