Hello OREIO members,

At this weeks OREIO meeting I shared a story about a lien that was put against one of my properties by a contractor who walked off the job site midway through the project!  Has that ever happened to you? What are the warning signs? What can you do to prevent it or mitigate your risk? How should you respond if it happens to you?

On Saturday, March 31st at 10:00am, and I’ll answer those questions and many more during our LIVE Renovation Tour!

Have you ever wondered what the process was like during an extensive property rehab?  Join us onsite to learn the advanced principles of how to approach a reno project, whether your flipping for quick profit, or planning to hold for the long-term!  We will go over all the numbers including, purchase price, renovation budget, after repair value, carrying costs and potential rents.

We will also discuss:

• Why this property? Why this area?

• How I negotiated the deal and won in a multiple offer situation!

• Best use for the property and possible rental strategies

• How to decide on the layout design and finishing choices

• Before and after layout

• What went right and what went wrong?
  

• AFTER REPAIR cash flow analysis

• Exit strategy

Considering it’s an active project, there are limited spaces available!  Please register now by emailing me at rich@richottawainvestments.com  to reserve your spot!  Guests are welcome!  The property address will be revealed after registration.

To your success!

Rich Danby

President of OREIO
Owner of Rich Ottawa Investments Inc.