Making Money with Real Estate Inesting
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buying rental properties is the best way to generate a continuous stream of revenue. Not get rich quick, but slow and steady income.
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Making Money with Real Estate Inesting
- 1. Want to know more? Call me! 204-333-2202 Investing in Winnipeg Real Estate
- 2. Want to know more? Call me! 204-333-2202 Buying Rental Properties True Investment Slow, Steady, Stable, Safe & Secure Not ‘Get Rich Quick’
- 3. Want to know more? Call me! 204-333-2202 Let’s Do The Math Calculate the Interest Payment of entire Price
- 4. Want to know more? Call me! 204-333-2202 Let’s Do The Math Interest Payment of entire Price + Gross Taxes
- 5. Want to know more? Call me! 204-333-2202 Let’s Do The Math Interest Payment of entire Price + Gross Taxes + Property Insurance
- 6. Want to know more? Call me! 204-333-2202 Random Example Home in Bridgwater 2000 sq ft 4BR Dbl Garage $500,000
- 7. Want to know more? Call me! 204-333-2202 Let’s Do The Math $500,000 x 3.5% Interest = $17,500/year
- 8. Want to know more? Call me! 204-333-2202 Let’s Do The Math Property Taxes approx: $5,400/year
- 9. Want to know more? Call me! 204-333-2202 Let’s Do The Math Property Insurance approx: $1,500/year
- 10. Want to know more? Call me! 204-333-2202 Add Them Up: $17,500 (Interest) + $5,400 (Property Taxes) + $1,500 (Prop. Insurance) = $ 24,400
- 11. Want to know more? Call me! 204-333-2202 Rental Income - Expense $ 2,500 x 10 = $25,000 (estimate 2 months Vacancy) = $25,000 per year
- 12. Want to know more? Call me! 204-333-2202 Rental Income - Expense $25,000 - $24,400 = $ 600 per year Or $ 50 per month
- 13. Want to know more? Call me! 204-333-2202 Or, another way: $500,000 investment = $ 600 per year Or 0.12% cashflow
- 14. Want to know more? Call me! 204-333-2202 Resale Factor - Bridgwater has 200 listings Resale value in 5-10 yrs?
- 15. Want to know more? Call me! 204-333-2202 Another Example Home in East Winnipeg 1200 sq ft 3BR Large Dbl Garage $240,000
- 16. Want to know more? Call me! 204-333-2202 Let’s Do The Math $240,000 x 3.5% Interest = $ 8,400/year
- 17. Want to know more? Call me! 204-333-2202 Let’s Do The Math Property Taxes approx: $1,800/year
- 18. Want to know more? Call me! 204-333-2202 Let’s Do The Math Property Insurance approx: $1,200/year
- 19. Want to know more? Call me! 204-333-2202 Add Them Up: $ 8,400 (Interest) + $ 1,800 (Property Taxes) + $ 1,200 (Prop. Insurance) = $11,400 year
- 20. Want to know more? Call me! 204-333-2202 Rental Income - Expense $1,350 x 11 month = $ 14,850
- 21. Want to know more? Call me! 204-333-2202 Rental Income - Expense $ 14,850 - $ 11,400 = $ 3,450 per year Or $285 per month
- 22. Want to know more? Call me! 204-333-2202 Or, another way: $ 240,000 investment = $ 3,450 per year Or 1.45% cashflow
- 23. Want to know more? Call me! 204-333-2202 What’s Your Timeline? 1. Decide on Price Range 2. Get Pre-Approved 3. Down Payment Ready 4. Hire Your REALTOR 5. Go shopping
- 24. Want to know more? Call me! 204-333-2202 Do you need? Home Insurance? Lawyer? Property Management Co? Painter? Renovator? Call me for a referral 204-333-2202