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More Units, More Cashflow with Andy Tran
Manage episode 516330800 series 3563810
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It seems like everywhere you turn, investors are talking about adding basement suites, garden suites, or converting homes into small multiplexes — and for good reason. With housing affordability and supply top of mind across Canada, local governments are finally opening the door for more homeowners and investors to create additional rental units on existing properties.
In this week’s episode, we’re joined by Andy Tran, founder of Suite Additions and author of Legal 2nd Suites – A Beginner’s Guide. Andy has helped hundreds of investors design, plan, and build legal secondary suites that not only meet code but also make the numbers work.
We get into:
• Why more cities are encouraging additional units and what that means for investors.
• How to know if your property qualifies for a basement, garden, or laneway suite.
• The design mistakes that can hurt your ROI.
• Realistic costs, timelines, and what lenders and appraisers are looking for.
If you’re serious about building long-term cash flow and increasing your property’s value, this episode is packed with insights you can put into action. Tune in to learn how you can turn one property into multiple income streams — legally and profitably.
Follow Andy on Instagram: https://www.instagram.com/suite_additions/
Learn More About Our Trusted Partner - FrontLobby
FrontLobby is a platform designed for Landlords, Property Managers, and Renters. Our mission is to improve the rental industry for everyone. We believe in creating a win-win scenario where Housing Providers and Renters prosper.
Would you like to learn more? Visit:
https://thesavvyinvestor.ca/front-lobby
Savvy Investor Links:
Website: https://thesavvyinvestor.ca
Instagram: https://www.instagram.com/savvy_investors
YouTube: https://www.youtube.com/@thesavvyinvestor
Join our FREE Savvy Investor Facebook Community: https://www.facebook.com/groups/341243106757064
Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. The podcast host and producers are not responsible for any actions taken based on the information provided.
85 episodes
Manage episode 516330800 series 3563810
Let Us Know What You Thought Of The Episode
It seems like everywhere you turn, investors are talking about adding basement suites, garden suites, or converting homes into small multiplexes — and for good reason. With housing affordability and supply top of mind across Canada, local governments are finally opening the door for more homeowners and investors to create additional rental units on existing properties.
In this week’s episode, we’re joined by Andy Tran, founder of Suite Additions and author of Legal 2nd Suites – A Beginner’s Guide. Andy has helped hundreds of investors design, plan, and build legal secondary suites that not only meet code but also make the numbers work.
We get into:
• Why more cities are encouraging additional units and what that means for investors.
• How to know if your property qualifies for a basement, garden, or laneway suite.
• The design mistakes that can hurt your ROI.
• Realistic costs, timelines, and what lenders and appraisers are looking for.
If you’re serious about building long-term cash flow and increasing your property’s value, this episode is packed with insights you can put into action. Tune in to learn how you can turn one property into multiple income streams — legally and profitably.
Follow Andy on Instagram: https://www.instagram.com/suite_additions/
Learn More About Our Trusted Partner - FrontLobby
FrontLobby is a platform designed for Landlords, Property Managers, and Renters. Our mission is to improve the rental industry for everyone. We believe in creating a win-win scenario where Housing Providers and Renters prosper.
Would you like to learn more? Visit:
https://thesavvyinvestor.ca/front-lobby
Savvy Investor Links:
Website: https://thesavvyinvestor.ca
Instagram: https://www.instagram.com/savvy_investors
YouTube: https://www.youtube.com/@thesavvyinvestor
Join our FREE Savvy Investor Facebook Community: https://www.facebook.com/groups/341243106757064
Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with qualified professionals before making any financial decisions. The podcast host and producers are not responsible for any actions taken based on the information provided.
85 episodes
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