Oct 27, 2023
When you look at a piece of land, do you see potential? It's
all about buying properties, splitting the land, and constructing
new units for rental purposes. Quite often, the size of the lot
matters less than the potential it represents. Unearth that
creativity, dust off your strategic brain, tackle the process with
open eyes, and who knows? You could turn something ordinary into
extraordinary.
If you can essentially wipe out your land cost from a new build, you're already put yourself a fair bit ahead when it comes to equity and making the numbers work. - Dan Illes
Dan Illes is a real estate investor and property developer who has made a name for himself in the industry. With a background in civil engineering, he brings a unique perspective to his projects. Originally from a small town near Stratford, he started investing in real estate on the side while working as an engineer. However, it was only a short time before he realized that his true passion lay in real estate investing and development. Since then, he has focused on infill development and building new homes from the ground up.
His creativity in engineering and urban planning expertise have allowed him to successfully complete various projects, including severing land to create new lots and constructing new houses. In this episode, he shares his journey, insights, and strategies for success in real estate development.
In this episode, you'll be able to:
- Discover strategic real estate investing and development techniques that can lead to increased success and profits.
- Learn the ins and outs of infill development and severing land to take advantage of valuable opportunities in the market.
- Explore the benefits and cost-saving potential of water submetering for multi-unit properties and how it can increase your bottom line.
- Uncover the secrets to increasing your Net Operating Income (NOI) through the implementation of water submetering.
- Stay ahead of the competition by staying informed about current land and development market opportunities that can lead to lucrative investments.
You can contact Dan by visiting https://waterbillsolutions.com/
FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”
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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon
This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon