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  1. EvanOkanagan

    My Wife is a total sidewalker, any advice?

    HOT! 
    I’ve re-read this book many times. Please do yourself a favour and pick this up—many answers in here that if you apply them will either save your relationship or help you move on...
  2. EvanOkanagan

    Cashflow vs. Equity-- Good idea to use more leverage?

    IDEA 
    Great point. I agree 100% that if you can put down 20% (minimum to avoid CMHC fees in Canada--which are now as much as 4%!), definitely do it. Not only do you avoid paying that premium, but it also will increase your cashflow considerably, as you can typically spread the term from a 25 year...
  3. EvanOkanagan

    Cashflow vs. Equity-- Good idea to use more leverage?

    IDEA 
    Hi guys, I think this is a great article for those just starting out in Real Estate investing. Gives a good contrast between the focus of building the most equity vs a "cashflow first" strategy. Cash Flow v. Equity: Which Helps Investors in the Long Run?
  4. EvanOkanagan

    The "Rat Race"...

    OFF-TOPIC 
    Great video. Sad and eye-opening of the darker side of the rate race and consumerism. Some more motivation for continuing fastlane pursuits!
  5. EvanOkanagan

    What's your Lambo? What's your WHY or PURPOSE?

    NOTABLE! CHAT 
    How does one decide when they’ve achieved “financial freedom”? I believe it’s ever-changing. I’ve hit my “financial freedom” goal twice so far, yet I wouldn’t at this point consider myself financially free. But that’s a good thing—as most of us are driven by progress. My lifestyle has improved...
  6. EvanOkanagan

    Risky RE Growth Opportunity

    REAL ESTATE 
    It'll be 5 years as of next February when I bought my first property. I always buy with cashflow as #1 priority followed by "options" I have with the actual property (can I subdivide it? is there development potential ie: building a carriage house? Can I stratify it?). The more options the more...
  7. EvanOkanagan

    Risky RE Growth Opportunity

    REAL ESTATE 
    What are you using to calculate the 20k/yr cash flow? If that’s “true” cash flow that’s an amazing deal and I would borrow, beg, or steal (joking ;) ) to get the cash to come up with it. That means (with 20% down) you’re getting nearly a 50% cash-on-cash return if you’re paying 200k or less...
  8. EvanOkanagan

    What does the Insiders look like?

    HOT! 
    He has an eBay business... haven't you been following this thread? Here's his formula: 1. Gets $40/mo from Dad 2. Buys 5 items a month from the Dollar Store with the money 3. Resells items on eBay 4. Profit
  9. EvanOkanagan

    Hello From The Okanagan

    INTRO 
    Hey Kendall, welcome to the forum! As you might guess, I’m from the Okanagan as well ;) What city are you living in?
  10. EvanOkanagan

    Goal Setting Journals - Recommendations

    I use a pretty cool online Journal called Penzu (penzu.com) Been using it now for over 3 years. I'm horrible and physical writing, and I find I can get my ideas out faster if I type them so that's why I go digital. A cool feature Penzu as well, once you hit the one year mark you'll receive...
  11. EvanOkanagan

    Mark Cuban: Guide to Getting Rich... just terrible.

    OFF-TOPIC 
    This came up in my recommended videos on YouTube today. Why is is that successful people such as Mark give such backward advice? Is this what you did to become rich Mark?? Smh..
  12. EvanOkanagan

    When do you know you have a good enough idea?

    IDEA 
    Prepare yourself for some tough love in this thread... it's coming.
  13. EvanOkanagan

    2018 Fastlane Summit - Preliminary Probe for Speakers

    MEETUPS 
    Really late to the party on this. There doesn't seem to be a lot of Real Estate related content so far. Here's some of what I could cover: - Build wealth exponentially buying small multi-family (2-4 unit) properties - Strategies to maximize cashflow and minimize risk - How to calculate...
  14. EvanOkanagan

    Investment with Real Estate?

    My opinion is Real Estate (if you do it right), but don't listen to me. This video from Warren Buffer sums it up perfectly:
  15. EvanOkanagan

    Most of you will never make it. Sad!

    PEOPLE LANDFILL 
    For your sake, I hope so. Your ten most recent videos have less than 400 views combined...
  16. EvanOkanagan

    Most of you will never make it. Sad!

    PEOPLE LANDFILL 
    All of the content of I've seen from you so far is really bad and poor quality. The majority of people watching your videos don't like them, and you also have very little views. Why do you continue down a path that's clearly not working for you?
  17. EvanOkanagan

    I Want To Sleep With MJ Demarco

    LANDFILL 
    @MJ DeMarco What is this on the WCCA (Worst Case Consequence Analysis) scale?
  18. EvanOkanagan

    Are We Living in a Simulation?

    OFF-TOPIC 
  19. EvanOkanagan

    Leverage: A good strategy or a slippery slope?

    The best thing I did was joining a group of like-minded investors at a Real Estate brokerage (as a Realtor). One of them there mentored me to pull the trigger on my first one. I was reading books years prior but never actually put pen to paper--so I'd say joining a local investment group or...
  20. EvanOkanagan

    Leverage: A good strategy or a slippery slope?

    I'll elaborate on my post a bit with my own personal experience. I buy cash-flow producing rental properties and have been a Realtor as long as I have been investing in properties. I got my license and started investing in Real Estate about 4 1/2 years ago. At that time, I had literally no...
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