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Matthew Lee, Managing [email protected]
(416) 937-5251
[Volition (vō-ˈli-shən): the power to make your own choices or decisions; free will.]
Looking to learn tonight
A challenge you're currently facing that you can't figure out how to get past
Your next action step in Real Estate Investing
Real-Time Real Estate Investor
Scenario AnalysisHelping YOU find various untapped opportunities within your portfolios. Higher returns and faster
financial freedom!!
Real Estate Investor Scenario Analysis“How do I grow my portfolio?”
Questions to ask yourself:1. Do I have enough capital to buy all the real estate I
need?2. If not…
a. How much from savings?b. How much can I get from existing portfolio?
YOUR EXISTING INVESTMENT PROPERTY
Property Value: $____500kMortgage Value: $____167kRent: $____2175Expenses:
Property Taxes: $____342Utilities:
$____312Insurance: $____106Condo Fees: $____0TOTAL: $____760
Monthly Mortgage: $____1000Cashflow: $____415
YOUR EXISTING INVESTMENT PROPERTY (REFI)
Property Value: $____500k80% Mortgage Value: $____400kRent: $____2175Expenses:
Property Taxes: $____342Utilities:
$____312Insurance: $____106Condo Fees: $____0TOTAL: $____760
New Monthly Mortgage: $____1526New Cashflow: $____-111
Equity Takeout: $____233k
Considerations on how to proceed:1. Is this enough capital to buy another property?2. After I refi, will I still be cashflow positive?3. After I refi, if I am cashflow negative, will my new
investment produce positive cashflow to cover negative cashflow?
4. How well does the property perform at 80% LTV?5. Is this a property that I would buy today? What are
the prospects for the future?6. Am I holding on to this property because it is a
outstanding performer, or because of emotional attachment?
7. Should I sell? What would be my proceeds after all fees?
8. What would I be putting my capital into if I refi’d or sold? Is that a better investment that will help me get to my goals quicker?
9. What are the mortgage break fees? How do I minimize them? (same bank, portability, etc.)
10.How do I continue to qualify for mortgages? (refi or purchase). Do I need to “free up” financing on poorer performing properties?
11. Capital gains tax?12. Owner-occupied? Willing to move?13. Others?
Investment Property (SAMPLE)
Property Value: $____ 900k
Downpayment 20%: $____ 180k
Mortgage: $____720k
Closing Costs: $____30k
Cash Required Per Property: $____210k
Rent: $____4650
Expenses: $____900
Monthly Mortgage: $____2750
Cashflow: $____1000
(BONUS) Owner Occupied Investment Property
Property Value: $____ 900k
Downpayment 10%: $____ 90k
Closing Costs: $____30k
Cash Required Per Property: $____120k
CMHC Fees: $____20k (only extra $75/month)
Mortgage: $____830k
Rent: $____4650
Expenses: $____900
Monthly Mortgage: $____3175
Cashflow: $____575
TAKE ACTION!!Complimentary Consultation with Matthew (REIA)
Snapshot• Where are you now: How many properties do you
own, savings, RRSPs/TSFA, income?• Where do you want to go: What is your vision for
the future?• Plan: What is your plan to get there?
Investment Property• Budget: How much capital do you have?• Mortgage: How much mortgage can you qualify for?• Location: Which area do you want to buy?• Renos: Are you willing to do renos or do you want
turnkey? How much do you want to spend in renos?• # of units: Duplex or Triplex (or more?)• Tenant Profile: Who is your intended tenant profile?• Investment Strategy: What is your planned strategy
for this property?• What features are important to you: Parking?
Detached vs Semi? Wide vs. narrow lot? 2 story vs. bungalow? Side street vs. main road?
WE TAKE THE HEADACHE OUT OF INVESTINGTurn-key Investment Property Services
FIND IT: Investor-Focussed Realtor
CREATE IT: Renovations to Create Rent-Ready Properties
MANAGE IT: Property Management
Matthew Lee, Managing PartnerSam Ho, Managing Partner
Certified Real Estate Investment Advisors (REIA)[email protected]
(416) 937-5251