Summary:

In this episode, Andrew Kim discusses different ways to earn a six-figure passive income in US real estate investment. He explains how Canadians are turning to US real estate due to high home prices and restrictive landlord laws in Ontario and BC. Andrew outlines a 10-year strategy that involves buying multiple properties, refinancing, and reinvesting the cash flow. He also discusses the use of HELOCs to accelerate the portfolio growth. The goal is to achieve a sustainable portfolio of up to 15 homes that generate a six-figure passive income.

Keywords:

real estate investment, passive income, US real estate, Canadian investors, HELOC, portfolio growth

Takeaways:

Canadians are turning to US real estate due to high home prices and restrictive landlord laws in Ontario and BC.

A 10-year strategy involves buying multiple properties, refinancing, and reinvesting the cash flow.

HELOCs can be used to accelerate portfolio growth and allow for the purchase of fixer-upper properties.

The goal is to achieve a sustainable portfolio of up to 15 homes that generate a six-figure passive income.

Titles:

The Benefits of Investing in US Real Estate for Canadians

Accelerating Portfolio Growth with HELOCs: A Path to Six-Figure Passive Income

Sound Bites:

"Getting a lot of influx from Canadians looking for direct real estate ownership, but realizing that the numbers and the laws are not working in their favor to invest locally."

"Canadians are using the HELOC to accelerate. So now they've got this extra tranche of capital, they can buy homes with quote unquote all cash because they're buying outright their HELOC."

"Real estate is a slow climb. It's not a get rich quick scheme. It does take time. You want the markets to improve, you want to diversify."

Chapters:

00:00 - Introduction and Overview

07:19 - Slow Climb: The Long-Term Approach to Real Estate Investment

13:13 - Being Aggressive: Front-Loading Investments and Accelerating Growth

24:48 - Conclusion and Closing Remarks

Featured on the Show: Andrew Kim CEO & Co-Founder for SHARE

Website: Website: https://twa.sharesfr.com

To schedule a call with us! Click here to book a convenient time for a discussion: https://calendly.com/sfrteam/twa

For more information about Mortgage and Financial Planning services, visit our website: https://www.realty.truewealthadvisors.ca/

To schedule an appointment with us, click here: https://truewealthadvisors.ca/schedule

👉 Subscribe to our channel. And press the bell 🔔 icon. 🔗 https://www.youtube.com/@TrueWealthREAdvisors/featured?sub_confirmation=1

Thank you for supporting “True Wealth - Real Estate Investing for Canadians ” you can follow us on the Social Media Links Below:

✔ TikTok: tiktok.com/@truewealthrealtyadvisors

✔ LinkTree: linktr.ee/TrueWealthAdvisors

✔ Facebook: facebook.com/TrueWealthCA

✔ First Time Home Buyers: truewealthadvisors.ca/securemyhome

✔ Free Guide: truewealthadvisors.ca/mistakestoavoid

✔ Website: realty.truewealthadvisors.ca

Support this show http://supporter.acast.com/the-dollarsavvy-podcast.

Hosted on Acast. See acast.com/privacy for more information.

In this episode, Seun Adeyemi and Dmitri Bourchtein discuss the importance of metrics in real estate investing. They cover topics such as purchase price, location, rental income, expenses, net operating income (NOI), cap rate, cash on cash return, and internal rate of return (IRR). They emphasize the need for diversification and the importance of working with knowledgeable professionals to make informed investment decisions.

Takeaways:

Understanding the metrics of real estate investing is crucial for making informed investment decisions.

Metrics such as purchase price, location, rental income, expenses, net operating income (NOI), cap rate, cash on cash return, and internal rate of return (IRR) help evaluate the profitability and risk of an investment.

Diversification is key in real estate investing to mitigate risk and maximize returns.

Working with knowledgeable professionals, such as financial planners and real estate experts, can provide valuable guidance and help create a holistic investment strategy.

Featured on the Show: Dmitri Bourchtein, Co-Founder & Chief Investment Officer (Share SFR Technologies Inc.)

Website: https/twa.sharesfr.com

To schedule a call with us! Click here to book a convenient time for a discussion: https://calendly.com/sfrteam/twa

-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

For more information about Mortgage and Financial Planning services, visit our website: https://www.realty.truewealthadvisors.ca/

To schedule an appointment with us, click here: https://truewealthadvisors.ca/schedule

👉 Subscribe to our channel. And press the bell 🔔 icon. 🔗 https://www.youtube.com/@TrueWealthREAdvisors/featured?sub_confirmation=1

Thank you for supporting “True Wealth - Real Estate Investing for Canadians ” you can follow us on the Social Media Links Below:

✔ TikTok: tiktok.com/@truewealthrealtyadvisors

✔ LinkTree: linktr.ee/TrueWealthAdvisors

✔ Facebook: facebook.com/TrueWealthCA

✔ First Time Home Buyers: truewealthadvisors.ca/securemyhome

✔ Free Guide: truewealthadvisors.ca/mistakestoavoid

✔ Website: realty.truewealthadvisors.ca #realestateinvesting #realestateinvestingforbeginners #realestate #whytheusrealestatemarketismorelucrativethanthecanadianmarket #usrealestatemarketvcanadianrealestatemarket

🚫Disclaimer: Don't Try To Download & Copy Anything From This Channel. It's a

Cyber Crime. All Videos of this Channel are Copyrighted by True Wealth - Real

Estate Investing for Canadians Thank you for watching this video, 👇

click the "🆂🆄🅱🆂🅲🆁🅸🅱🅴"

button to stay connected with this channel. Subscription Link: https://www.youtube.com/@TrueWealthREAdvisors/featured?sub_confirmation=1

Support this show http://supporter.acast.com/the-dollarsavvy-podcast.

Hosted on Acast. See acast.com/privacy for more information.

In this episode, Andrew Kim discusses the financing options available to Canadians looking to purchase real estate in the US. He explains that Canadian banks with US arms, such as RBC and TD, offer investment mortgages for buying US properties. These mortgages allow Canadians to leverage their Canadian credit and purchase properties in the US. Additionally, there are specialized loans, such as DSCR loans, that focus on the cash flow of the property rather than the borrower's personal credit. Andrew emphasizes the advantages of fixed-rate mortgages and the ability to refinance in the future. He also highlights the importance of credit and track record in securing financing. Overall, financing options in the US market provide opportunities for Canadians to invest in real estate and build wealth.

Takeaways

Canadian banks with US arms offer investment mortgages for buying US properties, allowing Canadians to leverage their Canadian credit.

Specialized loans, such as DSCR loans, focus on the cash flow of the property rather than the borrower's personal credit.

Fixed-rate mortgages in the US provide stability and the ability to refinance in the future.

Credit and track record are important factors in securing financing for US properties.

Featured on the Show: Andrew Kim CEO & Co-Founder for SHARE Website: https://twa.sharesfr.com

To schedule a call with us! Click here to book a convenient time for a discussion: https://calendly.com/sfrteam/twa

For more information about Mortgage and Financial Planning services, visit our website: https://www.realty.truewealthadvisors.ca/

To schedule an appointment with us, click here: https://truewealthadvisors.ca/schedule

👉 Subscribe to our channel. And press the bell 🔔 icon. 🔗 https://www.youtube.com/@TrueWealthREAdvisors/featured?sub_confirmation=1

---------------------------------------------------------------------------------------------

Thank you for supporting “True Wealth - Real Estate Investing for Canadians ” you can follow us on the Social Media Links Below: ✔ TikTok: tiktok.com/@truewealthrealtyadvisors ✔ LinkTree: linktr.ee/TrueWealthAdvisors ✔ Facebook: facebook.com/TrueWealthCA ✔ First Time Home Buyers: truewealthadvisors.ca/securemyhome ✔ Free Guide: truewealthadvisors.ca/mistakestoavoid ✔ Website: realty.truewealthadvisors.ca #realestateinvesting #realestateinvestingforbeginners #realestate #whytheusrealestatemarketismorelucrativethanthecanadianmarket #usrealestatemarketvcanadianrealestatemarket

Support this show http://supporter.acast.com/the-dollarsavvy-podcast.

Hosted on Acast. See acast.com/privacy for more information.