Learn Rob’s strategy in real estate investing: creating a legal secondary suite and refinancing the property and potentially pulling your initial capital investment back out and ‘recycling’ it into the next property, discover how Rob started from flipp...
Learn Rob’s strategy in real estate investing: creating a legal secondary suite and refinancing the property and potentially pulling your initial capital investment back out and ‘recycling’ it into the next property, discover how Rob started from flipping houses to doing purchasing sale agreement or wholesaling then ended up focusing on turning single-family homes into multifamily homes by adding a legal basement suite, and find out why finding houses, where you can create a legal secondary suite, is more profitable than house flipping or wholesaling.
Rob Break is a visionary and entrepreneur in the world of residential investment real estate. Rob has an impressive history as a wholesaler and his investment podcast has helped make him a very respected real estate authority. Canadian Real Estate Wealth Magazine recently recognized him for his savvy.
In this episode, Rob tells us how he accidentally got into real estate investing, how he started in flipping deals, and why he is not doing that now. He will also discuss wholesaling, the difference between a realtor and a wholesaler, and the advantages of creating a legal basement suite, and how it is possible to pull out 100% of your down payment as a cashback.
“We try and dig deeper into things as much as you can. I mean it’s pretty tough to, a lot of people complain that they don’t get all the answers but you can’t even get the answers in three-day seminars or two-year courses. It’s an ongoing learning process and that’s what we’re trying to do every day.”– Rob Break
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