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WATCH THE FULL VIDEO HERE: https://youtu.be/elXg3MuJ9oU

Garage conversions and garden suites are fantastic ways to significantly increase your rental property cash flow and boost long-term value, and this video shows you HOW and WHY.

We teamed up with Andy Tran of Suite Additions, a leading expert in converting legal second suites and accessory dwelling units, to help our client convert the garage of his rental property into a two-bedroom apartment and turn it into a cash flow pig!

Andy’s team has assisted homeowners and investors in converting over 300 single-family homes to contain legal additional suites since 2015.

In the full video, you'll get an up-close and personal look at the process of transforming a garage into a rental unit, complete with a property walkthrough to show details on the work done so far, the numbers breakdown, cash flow analysis and more.

Are you looking for a way to turn your garage into a money-making opportunity? Let us know in the comments below, and we’ll help you out!

To connect with Andy Tran:
Web: http://www.suiteadditions.com/
Instagram: https://www.instagram.com/suite_additions/
Facebook: https://www.facebook.com/suiteaddition

⏭️SKIP AHEAD:
▶️0:20 - Why we purchased this property
▶️1:23 - Work done on the garage so far
▶️3:14 - Features making this garage a no-brainer for conversion
▶️6:14 - Garage conversion: outdoor walkthrough
▶️9:48 - Time and effort needed to complete a garage conversion of this size
▶️11:04 - Budget for garage conversion
▶️12:43 - Garage conversion financing
▶️14:16 - Garage conversion: indoor walkthrough
▶️18:05 - Garage conversion numbers breakdown
▶️20:57 - Challenges encountered
▶️22:31 - Advice for real estate investors who want to do a garage conversion

Make sure you subscribe to our channel to stay updated on the latest videos on The Truth About Real Estate Investing, where we provide you with the knowledge and tools you need to succeed in real estate investing.

Don't forget to hit the like button and share this episode with your network!
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This podcast episode is also available on:
????iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
????Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
????Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
???? Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5
AND everywhere else, you listen to podcasts!
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???? WANT TO BUILD WEALTH WITH REAL ESTATE?
If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients, please let us know.

New investor or seasoned veteran investor, we can help anyone by providing our award-winning coaching services, and this isn’t all talk.

Only work with the best is what my father always taught me. If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.
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????SEE ALL OUR REAL ESTATE RESOURCES HERE:
https://www.infinitywealth.ca/resource
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???? SIGN UP TO FOR THE IWIN REAL ESTATE NEWSLETTER AND GET PODCAST EPISODES SENT TO YOUR INBOX: https://www.infinitywealth.ca/newsletter-yto
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???? ATTEND OUR UPCOMING EVENTS (Most of them are FREE): https://www.infinitywealth.ca/events
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???? WATCH NEXT:
▶️17 Years In The Making + Keyspire = 50 Properties with Amanda & Marty: https://youtu.be/jruCwDuwPgI
▶️Top 4 2023 Tax Changes Investors Absolutely Have To Know With Cherry Chan, CPA., CA.: https://youtu.be/9228J1EL5hg
▶️32 Power of Sales, Legal Market Update With Lawyer Saurabh Singhal: https://youtu.be/siswJ3egBLQ
▶️10 Bed Rooming House, Microsuite Triplex Conversion, Land Banking in Belize With Melissa Dupuis: https://youtu.be/Or3k3HwcnWs
▶️How A Math Teacher Teaches Investing & Buys 30 Units With Kyle Pearce: https://youtu.be/kq6Ps4kdvl8
▶️Top Tips for Investing in Rent To Own in 2023: https://youtu.be/G3eJSozk9ts
▶️Losing $50,000 on a Joint Venture Deal: https://youtu.be/iA7QNoCF9i0
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???? FIND ME ON SOCIAL MEDIA:
Facebook: https://www.facebook.com/erwin.szeto
Instagram: https://www.instagram.com/erwinszeto/
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#garageconversions #gardensuites #propertywalkthrough #cashflow #legalsecondsuites #realestateinvestors #rentalproperty #HELOC #cashflowanalysis #accessorydwellingunits #truthaboutrealestateinvesting #TAREI #podcast #RRSP #financing #realesteinvesting #interestrates #recession #inflation #retirement #erwinszeto #erwinszetopodcast #shortsyoutube #youtubeshorts
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Erwin Szeto, Truth About Real Estate Investing, Erwin Szeto Podcast

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