Why We'd Rather Flip 1 Property Than Own 10 Rental Properties
The American Upside
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Why We'd Rather Flip 1 Property Than Own 10 Rental Properties
128 просмотров · 12 дн. назад
The American Upside
107 подписчиков
128 просмотров · 12 дн. назад
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Would you rather do one flip or own 10 rental properties? 🇺🇸
This week, it's just us. Mat Piche built a portfolio of about 50 rental properties with partners in Kitchener-Waterloo. Andrew Hines has been investing in the U.S. on and off since 2012. So when Mat threw this question at Andrew, we didn't land in exactly the same place.
Mat's take: the rentals worked, but they took TWELVE YEARS. Flip first to buy your time back. Then let the rentals build the wealth.
In this episode, we break down:
🏘️ Why Mat's 50-property portfolio took 12 years of grinding alongside a full-time job
💰 Why flipping is the faster way to replace your income, and rentals are the long-term wealth play
🧮 Peeling the onion on 10 rentals at $1,000 a month: furnaces, roofs, sewer lines and missed rent
🧱 Why cash flow is non-negotiable for Andrew, and how much he kept in reserve for his student rentals
🏠 How buying at 50 cents on the dollar opens every door: flip, wholesale, wholetail or rent
🇨🇦 Why Canadian sellers rarely sell at a deep discount, and MLS deals sit at 90 to 95 cents
🌴 How the lockdowns pushed us both toward the U.S., and what Mat learned about evictions in Florida vs. Ontario
📈 From 24 flips a year at Mat's peak in Canada to being on track for about 100 U.S. deals
🧭 Why we buy in states we've never visited, from Texas to Alabama
The real answer is both. The order you do them in decides how fast you get your time back.
Our mission with The American Upside is simple: To show everyday people what's possible when they start thinking bigger about money, business and investing.
Whether you're Canadian or American, an experienced investor or someone who's never purchased a property, this show is for you.
Explore our coaching and real estate investing programs: https://fruitfulinvestingacademy.com
Subscribe to The American Upside for conversations about real estate, entrepreneurship, money, and building a better life in America.
Website: https://www.theamericanupside.com
YouTube: / @theamericanupside
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Disclaimer: The results shared in this episode are our own and are not typical. They are not a promise or guarantee that you will earn similar results. Real estate investing involves risk, including the loss of money. Nothing in this episode is legal, tax, financial or immigration advice.