Patrick Francie

put our capital to work, leverage our capital through that whatever mortgage program you might have, 20% down, 5% down, 25% down, whatever it is, and you're going to leverage that capital into the future and own that hard asset knowing that when you've got a strong economic fundamentals, and I'll give you some parameters for that, that we know real estate will generally appreciate in value.

put our capital to work, leverage our capital through that whatever mortgage program you might have, 20% down, 5% down, 25% down, whatever it is, and you're going to leverage that capital into the future and own that hard asset knowing that when you've got a strong economic fundamentals, and I'll give you some parameters for that, that we know real estate will generally appreciate in value.

So in a simple,

So in a simple,

context of buy and hold you're going to buy that piece of property today in a city and you're going to go a minimum of five seven ten or even longer years into the future and get a return on that investment of capital and because it's leveraged you get a bigger gain now how do we look into the future what do we know drive real estate it's not rocket science but some people don't think about it population growth driven by gdp

context of buy and hold you're going to buy that piece of property today in a city and you're going to go a minimum of five seven ten or even longer years into the future and get a return on that investment of capital and because it's leveraged you get a bigger gain now how do we look into the future what do we know drive real estate it's not rocket science but some people don't think about it population growth driven by gdp

because people move into areas where there are jobs. And when people move into an area generally, especially immigrants,

because people move into areas where there are jobs. And when people move into an area generally, especially immigrants,

have to rent and they have to rent because they may not have a credit rating when they come into the country or into a state whatever it might be or they don't have a credit rating they don't necessarily know what their job is is it sustainable culturally they go well i don't even know where my people live like i want to so they rent for a couple of years so that drives rental demand up and we want to be the rental housing provider that

have to rent and they have to rent because they may not have a credit rating when they come into the country or into a state whatever it might be or they don't have a credit rating they don't necessarily know what their job is is it sustainable culturally they go well i don't even know where my people live like i want to so they rent for a couple of years so that drives rental demand up and we want to be the rental housing provider that

We operate as a business and people rent that property from us. We get cash flow, hopefully at least a little bit of cash flow. We get mortgage buy down and we get appreciation. That's in the most simple explanation.

We operate as a business and people rent that property from us. We get cash flow, hopefully at least a little bit of cash flow. We get mortgage buy down and we get appreciation. That's in the most simple explanation.

Those are all strategies and tactics. So yes, we taught many different strategies, many different tactics. uh depending on what your goals were you know we also i'm part of an initiative called the self-funding house because our affordability particularly here in the country where we have an average house price of 780 000 across the country

Those are all strategies and tactics. So yes, we taught many different strategies, many different tactics. uh depending on what your goals were you know we also i'm part of an initiative called the self-funding house because our affordability particularly here in the country where we have an average house price of 780 000 across the country

the point of injury for you know that cohort of under 40 year olds is like we'll never own a home we'll never have that you know white picket fence in the backyard we can't afford it here in vancouver you know you're almost buying a teardown for 1.2 million so that's the challenges so we then said okay well there is a strategy most are familiar with it but they're uncomfortable with it so we educate people in what we call a self-funding house which is nothing more than

the point of injury for you know that cohort of under 40 year olds is like we'll never own a home we'll never have that you know white picket fence in the backyard we can't afford it here in vancouver you know you're almost buying a teardown for 1.2 million so that's the challenges so we then said okay well there is a strategy most are familiar with it but they're uncomfortable with it so we educate people in what we call a self-funding house which is nothing more than

Buying a property with an ADU, an additional dwelling unit on it. And that could be a basement suite. It could be a laneway home as in a coach home. Something along that lines that really supports the home owner, the new buyer, being able to live in that house. offset their costs and be able to get financing because the bank looks at it.

Buying a property with an ADU, an additional dwelling unit on it. And that could be a basement suite. It could be a laneway home as in a coach home. Something along that lines that really supports the home owner, the new buyer, being able to live in that house. offset their costs and be able to get financing because the bank looks at it.

And when they go to get that financing, they say, okay, well, you're making a hundred grand a year. Oh, you're a little bit short on that particular house. You know, your affordability, you can only afford, you'll only qualify for a $750,000 mortgage. But the next thing you know, if you can get an extra $2,000 a month in rent, they add that to your income. So they, it's called a rental offset.

And when they go to get that financing, they say, okay, well, you're making a hundred grand a year. Oh, you're a little bit short on that particular house. You know, your affordability, you can only afford, you'll only qualify for a $750,000 mortgage. But the next thing you know, if you can get an extra $2,000 a month in rent, they add that to your income. So they, it's called a rental offset.