THE TRUTH ABOUT REAL ESTATE INVESTING
JUNE 18, 2021
On to this week’s show!!
We have Architects and innovators of laneway housing, Ryan Fernandes and Craig Race from lanescape.ca.
Young Ryan reached out via my website to let me know he’s been a long time listener, more recently, an investor. He shared about what he’s got going on workwise designing laneway homes which are like laneway garages repurposed into apartments or a new build tiny house on a laneway behind the house. The progressive Toronto government makes laneway housing attractive investments; hence we have Ryan and Craig here on today’s show to share how the investment works. Ryan and Craig have 50 laneway houses at various stages under their belt, and they’re here to share hard and soft costs, rents, tenant profiles, and where to find such opportunities.
Hopefully, the next phase will be garden suites so we investors may create much more housing supply to improve housing affordability.
I hope you enjoy the show!