In E222, Darren Knill discusses his small town multifamily investing strategy. Darren purchases properties that need work and have upside potential through added units. Whether it be a main street red brick mixed use commercial/residential building or an old gas station with new development potential, Darren approaches the deal with a strong foundation of profitable projected financials and a “low burn rate” for his carrying costs. One of the nice benefits of working with small towns is that they tend to be less rigid and more flexible when working with developers. Darren’s story is beyond interesting and this episode was packed with numbers and analysis.
Disclaimer: This episode, as with every episode of this podcast, should NOT be considered as advice. Investment advise is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.
Sponsors:
Control and Compound Financial https://www.controlandcompound.com/andrewhines
Events and Other:
GTA West REI Meetup: https://www.facebook.com/groups/gtawestrei
REI Hot Seat: https://www.youtube.com/@reihotseat
Listen on Apple Podcast, Spotify, Google, Stitcher and more @ https://linktr.ee/theandrewhines
Connect with Darren Knill at
Website: https://sentrypropertygroup.ca/
Connect with Andrew Hines on
instagram: https://www.instagram.com/theandrewhines
facebook: https://www.facebook.com/theandrewhines
