When Natalie Cloutier and her husband decided to buy their first basement unit condo, they had no idea that this seemingly ordinary purchase would lead them to embark on an unexpected journey into the world of real estate investing.
Through their own hard work and determination, they'd become successful house hackers - but not without learning some invaluable lessons along the way.
In this episode, you will be able to:
- Uncover clever techniques for entering the real estate market with house-hacking strategies.
- Discover the power of auto construction loans in financing your dream home.
- Recognize the significance of soil quality and zoning during land selection.
- Learn how consistent fixtures and finishes can revolutionize your construction process.
- Master the art of juggling work-life demands while skillfully growing your real estate business.
My special guest is Natalie Cloutier a skilled real estate investor who, along with her husband, has developed a unique house-hacking strategy that has helped them build their real estate portfolio.
Starting with their own home, Natalie and her husband discovered the power of designing and building properties with secondary suites to create additional income streams.
With a background in construction and guidance from her parents, Natalie has applied her knowledge and experience to successfully navigate the ever-changing real estate market. She is passionate about sharing her insights and helping aspiring investors find success in real estate.
The resources mentioned in this episode are:
- Look into house hacking as a starting point for real estate investment, especially with affordability getting tighter.
- Research the market to find the right balance between high value and high costs, ensuring a viable investment.
- Ensure the land you're purchasing is already zoned for your intended construction to avoid complications with the bank.
- Look for lots with the right services in place, such as gas, hydro, and water, to avoid the risks of starting a development from scratch.
- Check the soil quality of the lot to ensure it won't significantly increase the cost of installing a septic system.
- Always include conditions when making an offer to purchase a property, even during competitive markets, to reduce risk.
Connect with Natalie Cloutier
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