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Chris’ Background:

  • Real estate Investor who closed on his first property in 2019 through his company, Cherrybrook Investments

In this episode we cover:

  • 00:02:16 Where Chris sourced his deal
  • 00:05:24 Negotiations and terms on the property
  • 00:09:51 Projections on the value and income of the property post renovation
  • 00:13:15 Managing tenant expectations while increasing premiums
  • 00:16:49 Adjusting your business plan as unexpected events occur
  • 00:20:03 Chris’ exit strategy to get into long term debt and cash out his lending partner
  • 00:22:19 Finding lenders that tailor debt to investors

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