How to Invest in Real Estate for Cash Flow : Real Property Example | CASHFLOW BRRRR | Canada

Learn How to Invest in Real Estate for Cash Flow. Cash is King, but Cashflow is King Kong. Today we walk through a real property example in a great neighborhood of London, Ontario that we will BRRRR and cashflow at a cost of under 42,000 per bedroom! With the right strategy you can pretty well make any house cash flow! Simply add bedrooms. This house was originally a 3 bedroom war time home that is now a 8 bedroom cashflow machine! Cash flow is everything in creating passive income you can retire on. Cash-flow reduces risk in real estate and ensures a great return on your investment.
#brrrr #cashflow #canadianrealestate
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Check out some of the great reading material on the subject of financial independence & Real Estate (beyond BiggerPockets.com ):
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Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence ( this is The Godfather of LEAN FIRE Book)
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018 (The first book written on FIRE)
The Wealthy Barber: The Common Sense Guide to Successful Financial Planning (it is an Interesting narrative personal finance story I enjoyed as a kid)
How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started
The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing
Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
The Simple Path to Wealth: Your road map to financial independence and a rich, free life
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How to Contact me:
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Mike Rosehart Business & Coaching Inquires: 25andfree25@gmail.com.
If you want to speak with me on the phone or over skype for 1 on 1 coaching calls, I have decided to make myself available on a limited basis (so long as it doesn’t infringe on my Freedom too much – Family is important too!). Given the availability in my calendar is limited I have to charge $99/hour to ensure I don’t get swamped with requests that I cannot respond to for months. That said, most of what you need to know is out there on Youtube and in my videos. I look forward to hearing you.

Mike has a true rags to riches success story that proves anyone can do what they set their minds to. He grew up in poverty bouncing from home to home and realized at age 17, when he moved away for college, that there was this early retirement movement - nicknamed the "FIRE Movement." It was there, in his college dorm-room that he set out to be the youngest retiree, and retire in only 7 short years (17 to 24 years of age). He achieved the goal of becoming a self-made millionaire, with a young family, at the age of 24 through hard work, extreme frugality, and astute Real-estate investing.
Today, Mike (26) works hard to share what worked for him, what didn’t, and to help educate others on all things Real-Estate and personal finance. He is now on a mission to help educate & assist others on all things Real Estate as they unlock financial independence for themselves! He recently co-founded a full service real estate investment management firm (RightWay Management Inc.) in London, Ontario that specializes in helping investors unlock much higher than normal market returns so that they can unlock early retirement through rental income cash-flow (averaging $1000+/month per property he partners with investors on). He is currently scaling up very quickly, acquiring over one property per week in London with investor partners. Mike has been involved in purchasing 50+ deals with investors & friends in the last 2 years. Subscribe to follow Mike on his journey to help others unlock financial independence!
Disclaimer: I make no representation or guarantee to any of the information or advice in this video. These are just my thoughts & opinions and should not be relied upon as legal or professional advice.

I'm a huge fan of these two bloggers, so check them out:
Pete Adney's Mr Money Mustache (www.mrmoneymustache.com )
& Early Retirement Extreme (Earlyretirementextreme.com)