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In E114 of the REI Hot Seat, Andrew Hines and Jacob Campagnaro, discuss a turnkey triplex investment opportunity in St. Catharines, Ontario, highlighting its potential for entry-level and smaller-scale investors.

The property features two one-bedroom units and one three-bedroom unit, with additional income opportunities through storage lockers or converting the basement into a fourth unit.

They delve into investment strategies, including leveraging a Vendor Take-Back (VTB) mortgage to minimize the down payment and maximize cash flow.

The discussion emphasizes the importance of tenant management, suggesting the use of virtual assistants and vendor lists for maintenance to streamline operations. Value-add options, such as adding basement storage lockers, could increase property value by an estimated $36,000 at a 5% cap rate.

The episode concludes with a call for audience feedback to tailor future content, making it an informative session for investors looking to refine their strategies and explore creative financing solutions.

Contact Jacob directly through his Instagram if you have any questions or suggestions for future episodes: https://www.instagram.com/jacob_campagnaro/

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