The Ultimate FIRST TIME HOME BUYERS GUIDE - Top Tips And Tricks
FREE for 4 weeks! Join My First Keys Community to unlock your real estate journey—together! https://info.upperedgepm.com/myfirstkeys In this solo episode, I dive into how to save for and purchase your first rental property, combining insights from a past episode featuring financial expert Justin Peters with a personal touch on the latest updates in the Canadian real estate market. We explore practical strategies, including budgeting, side hustles, and house hacking, to help you navigate the current housing landscape. With the government's recent introduction of 30-year amortizations for first-time buyers on new builds, there’s never been a better time to get started in real estate. What You’ll Learn in This Show: -The importance of budgeting and tracking expenses to save for a down payment. -How side hustles can accelerate your savings and boost income. -An introduction to house hacking and how it can cover your mortgage payments. -The benefits of the 5% down payment option for first-time homebuyers. -How to take advantage of 30-year amortization for new builds to reduce monthly mortgage payments. -The power of combining multiple strategies to scale your real estate portfolio. Resources: Garret Wong (https://www.linkedin.com/in/garret-wo...) Justin Peters ( / @tsirpodcast ) 🌟 REACH OUT! 🌟 Leave a comment and let's interact! Or you can connect with me here too: • My Calendar: https://calendly.com/garretwong/30min 🤔 WHO AM I ❓ Garret Wong is the founder and president of Upper Edge Property Management, Wong Capital Corp and also the past president of the Professional Property Managers’ Association. At Upper Edge Property Management, he leads a team of ~20 staff, creating systems and processes to ensure their investors and residents consistently experience a high level of service, communication and efficiency. At Wong Capital Corp, he and his wife Lisa help investors realize their dreams of creating long term wealth through Real Estate. In his previous life he worked for a pharmaceutical company, spent 7 years at Winnipeg’s Virology Lab and was a realtor with Century 21 in 2007-2009. As a property investor since 1997 and a licensed property manager since 1999, Garret brings over 25 years of knowledge and experience to the industry. He has written for the Canadian Real Estate Wealth magazine, regularly presents seminars about property management and property investment, and volunteers hundreds of hours per year in the real estate industry. Host of the top 20 real estate podcast “Investing to WIN,” Garret is now focused on his first passion: acquiring, developing and renovating real estate for long term wealth. Born and raised in Winnipeg, he is an avid fisherman, enjoys reading, movies, travelling, and loves spending time with Lisa and his two sons. Want to be notified when a new video is posted? Click HERE to subscribe to our channel! / @garretwong My Other Stuff: • Garret Wong Homepage: https://www.garretwong.com • Instagram: / garretwong.rei • Linkedin: / garret-wong-33197913 • Facebook: / garret.wong.54 • Invest With Me: http://www.upperedgecapital.com • Spotify: https://open.spotify.com/show/6dFur2V... • Apple Podcasts: https://podcasts.apple.com/gb/podcast...
