$399

Vertical Split Real Estate Mastermind With Ryan Carr

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Location

751 Ascot Avenue

751 Ascot Avenue

Oshawa, ON L1G 1X3

Canada

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Refund Policy

No Refunds

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Event description

Description

What is the vertical split?

The Vertical Split is a renovation concept coined by real estate investor Ryan Carr. In early 2013, his local housing market began to pickup with home prices on the rise. In order to keep up with the subsequent carrying cost, new methods of rent generation became top of mind and the Vertical Split was born.

Traditionally, 2-unit investors heard towards basement apartments. It's the gold standard. They are widely known, contractors understand their workings, and municipal zoning is generally accepting of their creation. Although they are popular, they aren't always the highest and best use of a converted bungalow, 2 story, or split level home. Combining some creative ingenuity and a "think like a tenant" approach, the vertical split builds multi level living space into each unit to recreate the impression of a single family dwelling. The financial benefits here promote a sustainable increase in rents and higher ROI for their owners, as well as the lifestyle benefits of happier tenants, fewer noise complaints and less turnover.

Event Format and Timeline

There will be 3 sessions over a 6 week period, starting August 22nd, 2017. Staying true to a construction timeline, this is a live building site during business hours. Together, the group will track the progress of the 2 unit conversion process. Each evening, a focus topic will be discussed in detail, accompanied by tour around the property for viewing any recently completed work. The cost for this event is $399 + hst per person

Event dates are from 7-9pm August 22, September 5, September 26.

What To Expect

Come expecting to learn something new and meet other like minded investors in the area. Bring a JV partner, bring your contractor, bring your spouse, bring your realtor. This is an open workshop, with a small group of motivated individuals looking to increase the cash flow and/or resale potential of their properties. The event will also be recorded.

What To Bring

Notepad and pencil is recommended. From time to time, handouts may be given to emphasize various topics.

Guest Speakers

Chris Shebib - Chris is a seasoned real estate investor who has done numerous projects in Canada and the USA, and most importantly, a vertical split! Come out to meet Chris and get his take on this type of investment.

Past events, Jan 2017:

The past vertical split event was a tremendous success showcasing a major renovation located in Oshawa where Ryan and his crew transformed a 1950's 2 bedroom bungalow into a purpose built 2 unit rental property. Just a few steps away from tearing the house down, they grafted a vertical split into the existing structure now comprised of 2 - 2 bed 1 bath units, 2 furnaces, 2 hydro meters, 2 water meters, 2 car detached garage, and even 2 separate driveways. Approximately 75 people attended this event over 2 days, and was featured in Snapd Oshawa.

Visit www.rwcarrinvestment.com for more info

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Date and Time

Location

751 Ascot Avenue

751 Ascot Avenue

Oshawa, ON L1G 1X3

Canada

View Map

Refund Policy

No Refunds

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