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Our first investment in US | 8-unit apartment building 🇺🇸 

Grow with Nav
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In this video, I am excited to share with you my first investment property that I purchased in Ohio, USA. I will be discussing the key differences between the US and Canadian real estate markets and why I ultimately chose to invest in the US.
We'll then go on a site visit to the property, where I'll give you an exclusive tour of the property and neighborhood. I'll highlight the key features and benefits of this particular location and explain how I analysed the potential for cash flow and appreciation.
After that, we'll dive into the numbers, revealing the purchase price, renovation costs, and projected cash flow and ROI. I'll walk you through how I analyzed the deal and what criteria I used to select this property.
Finally, I'll share my future plans for the property and how I plan to grow my real estate portfolio in the future.
If you're interested in investing in US real estate or looking to learn from my experience, then this video is for you! Don't forget to like and subscribe for more real estate investment tips and insights.
Join the US investing mailing list: www.growwithnav.com/invest-in-us
Follow Brett (our realtor) in Ohio!
Brett's RU-vid: / @brettyoungcashflowhomes
Email: by56083@gmail.com
Time stamps
00:00-Intro
01:00 - Why invest in US over Canada?
02:21-Site Visit
05:19- Numbers today!
11:45 - Numbers in 1 year!
14:38 - How did I do it and you can too?
17:06 - final thoughts
I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec).
I help First time home buyers & investors make smart realestate decisions based on numbers and not emotion. Want to book a call 👇 (It's free 🥳)
www.growwithnav.com/book-a-call
Get up to $3,000 in cash to trade stocks or crypto commission-free! Use this code 91NX5W or the link below to sign up 🙌 my.wealthsimple.com/app/publi...
MORE ABOUT ME 👇
My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job - to today, where I recently quit my job after building my side hustle to a cool 6-figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.
Subscribe if you are interested in:
#Realestate
#StockMarket
#Stocks
#crypto
#business
#moneymanagement
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion.

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21 июл 2024

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Комментарии : 121   
@dushyantgupta11
@dushyantgupta11 Год назад
Just wow. It’s a live example of BRRRR STRATEGY- buy, rehab, rent , refinance, repeat ❤ Honestly I see these kind of reels on Insta and you did that and guided us 😍 Just wow Nav. Waiting for more🥰
@growwithnav
@growwithnav Год назад
👏
@dsinghr
@dsinghr 6 месяцев назад
Like your enthu and energy. Always waiting for your videos.
@hakamsingh4679
@hakamsingh4679 Год назад
Thanks for Sharing it. It was very informative !
@aakashpednekar6032
@aakashpednekar6032 10 месяцев назад
Worth watching your video Navjot ! Productive 18 mins. Thanks a lot
@growwithnav
@growwithnav 10 месяцев назад
Thank you 🙏
@mayurrane5603
@mayurrane5603 Год назад
To the point content. No jazz or beating around the bush. Good work Navjot👏
@growwithnav
@growwithnav Год назад
Thank you 😊
@pavankumar2
@pavankumar2 Год назад
Thank you for Sharing and Go ahead with Full force!
@growwithnav
@growwithnav Год назад
👏👏
@arjungupta3021
@arjungupta3021 Год назад
Congratulations 🎉 you are spreading so much knowledge with your content 👍 Thank you
@growwithnav
@growwithnav Год назад
👏👏
@mankymayank
@mankymayank Год назад
Good explanation with numbers. Thankyou & Congratulations.
@growwithnav
@growwithnav Год назад
Thank you 😊
@dearashish100
@dearashish100 2 месяца назад
You have grown exponentially in just two years. You are very smart and knowledgeable. You are one of the most intelligent and interesting person. Keep it up.
@growwithnav
@growwithnav 2 месяца назад
Thank you so much!! 🙌
@realestatewithRish
@realestatewithRish Год назад
Love your zest to grow! Thanks for sharing:)
@growwithnav
@growwithnav Год назад
👏👏👏
@allitm4642
@allitm4642 Год назад
Keep up the great work Navjot and Simran 👍🏼🙏
@growwithnav
@growwithnav Год назад
👏😀
@aman0591
@aman0591 Год назад
Congrats!!! Great content as well.
@growwithnav
@growwithnav Год назад
Thank you
@ranvirgrewal8452
@ranvirgrewal8452 Год назад
Amazing journey since March 2020... still remember your 1st night in airbnb video.. way to go congratulations 🎊
@growwithnav
@growwithnav Год назад
Thank you 😊
@ranvirgrewal8452
@ranvirgrewal8452 Год назад
Thomas Lorini is your US coach?
@growwithnav
@growwithnav Год назад
Yes
@karanmohindroo14
@karanmohindroo14 Год назад
Congratulations on US investment. Thanks for sharing it with us.
@growwithnav
@growwithnav Год назад
👏👏
@utsavpatel9122
@utsavpatel9122 Год назад
Congratulations guys
@user-ni1fy6oo8t
@user-ni1fy6oo8t Год назад
Nice brother. Great job. I see you are always very good in calculation.
@growwithnav
@growwithnav Год назад
👏
@marvelsandhu4101
@marvelsandhu4101 Год назад
This is really great! Thanks!👏🙏
@growwithnav
@growwithnav Год назад
Thank you 😊
@BaignBaigum
@BaignBaigum Год назад
This information is truly amazing!
@growwithnav
@growwithnav Год назад
👏👏👏
@rajatgoyal1261
@rajatgoyal1261 Год назад
This guy is unstoppable
@epictetus3406
@epictetus3406 Год назад
Thank you for sharing and congratulations! This is a great channel and I hope it grows! The 1% rule is not difficult to find in Canada, it is impossible, prices and taxes are too high to make the investment decent, the cash on cash return is very poor when you run the numbers properly. My question is - what about taxes? Doesn't canada tax you very aggressively when you have income property in another country? Please answer or do a video about this as I have been looking at the US also. Canada is not friendly to property owners.
@moooofff
@moooofff Год назад
Sometimes I feel I might be spamming your videos with thank you comments. But I just cannot say it enough. For sharing this valuable knowledge and educating us from your experiences, thank you!
@growwithnav
@growwithnav Год назад
Thank you 🙏
@aminachauhan3532
@aminachauhan3532 11 месяцев назад
@@growwithnav just wanted to know over and above cash flow - the mortgage payment is also adding to your principal so in total actually cash flow should be more as rent is going towards interest and principal component correct? I have started watching your video and i must say being a CA that your finance knowledge is really insightful !
@manojkumar-sz6xv
@manojkumar-sz6xv Год назад
If I came to Canada, you will be my coach. Congratulation 😊
@growwithnav
@growwithnav Год назад
👏🙏
@rajasharma1523
@rajasharma1523 Год назад
Amazing information! However, please also include the time where you will be bleeding money that is when your tenants will be out and you will have no revenue but still you will have to pay mortgage payment every month. According to the information provided in the video, that will be around $30k ($3k mortgage) considering 10 month holding period. Also you may be paying insurance and property taxes.
@getgoingwithshilpi
@getgoingwithshilpi Год назад
Nav , I am in Toronto with my son. He moved here last year . Wanted to know wether he should buy a house or condo ? And secondly can you guide us ? As rents are too high , isn’t it better to buy a flat? Can we speak to you?
@waylonforgue8789
@waylonforgue8789 Год назад
I will forever be indebted to you you've changed my whole life continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment, thanks so much Mrs. Bonnie Antelo
@waylonforgue8789
@waylonforgue8789 Год назад
You can communicate with her by telegrm with the username below...
@waylonforgue8789
@waylonforgue8789 Год назад
INVESTWITHANTELO💯
@samanthaprocell3844
@samanthaprocell3844 Год назад
Amazing I also just started trading with her, she is the best at what she does with an initial investment of $1400 I made up to $5230 in just a week of trading with her, his strategies are mind-blowing.
@Roselerma
@Roselerma Год назад
Greetings, I’ve seen positive reviews of this woman Belinda Owens for about the fourth time now, I think I’ll have to give it a try.
@CynthiaCarolinaTellezBenigno
I am looking for to invest in window. Do u think eeuu is better under today's market conditions???
@RR-tf8ic
@RR-tf8ic Год назад
Great video. I guess since this is Ohio, you will have a very strict tenant screening process
@growwithnav
@growwithnav Год назад
Yes we do… have an amazing property manager there 👏
@iftekharzico9536
@iftekharzico9536 5 месяцев назад
Hi Nav, I love watching your youtube channels. Do you or your team help with real estate investing in the USA for Canadians? I am interested in investing in the states.
@growwithnav
@growwithnav 5 месяцев назад
Thank you. I don’t have a team as of now.
@user-zt1fq7vc9d
@user-zt1fq7vc9d 6 месяцев назад
I couldn’t find link to your mailing list, I even tried searching grow with Nav main website, can you please share a link or provide info on how do I go about getting myself added to your mailing list, Thanks for all the guidance!
@tarun.rawat7
@tarun.rawat7 Год назад
Navjot, how many times did you visited USA during your process. 🎉
@vineetlove80
@vineetlove80 Год назад
Link to Brett channel is not working. Pls fix it . Thanks
@jyotisaini2169
@jyotisaini2169 Год назад
Hi sir Pls answer You are a PR holder of Canada than how you buy property in US??? Regards
@abdullahfahad6388
@abdullahfahad6388 Год назад
Hey would like to know, as a Canadian PR holder or Citizen, what were the legal requirements to invest there? Like did you have to open a company ? Or you could do it as an foreign individual ? What other paperwork? Please , really interested.
@growwithnav
@growwithnav Год назад
Will explain in a separate series
@amanpatel3855
@amanpatel3855 Год назад
I am also interested in this information. I was hoping to invest in the USA while living in Canada
@karmanbatra
@karmanbatra 2 месяца назад
Requesting a 2024 update on this. How is this performing?
@TheRaimaxr
@TheRaimaxr Год назад
To be honest it would have been a good decision had it been a single investment in home country or maximum 2 partners, 4 partners that too in foreign land and place like Cleavland I have my doubts.
@nishantthaccker1173
@nishantthaccker1173 7 месяцев назад
Yes - renting these won't be easy plus the tenants he will be getting will be model citizens!..lol
@IndoCanadianSaga
@IndoCanadianSaga Год назад
I have a question. Why did u invest in so many units property when you know there can be vacancy as well instead of maybe one good apartment which guarantees income. Just curious to know coz here the risk is high
@growwithnav
@growwithnav Год назад
It’s low risk in fact. It’s unlikely that all 8 units will be vacant at the same time - so we will Cashflow if a couple of units are vacant for a couple of months. With single family, if the tenant doesn’t pay or leaves - we got 100% vacancy and guaranteed negative Cashflow.
@fern8580
@fern8580 10 месяцев назад
@indo It is better to be a "real owner" because buying an apartment in a building, puts you at the mercy of general increases which are often higher than the increase in rents.
@nirmaldesai
@nirmaldesai 11 месяцев назад
Why dont you consider to opt for E2 Status for this investment?
@growwithnav
@growwithnav 10 месяцев назад
After Canadian citizenship maybe.
@user-wc5zz6th1r
@user-wc5zz6th1r 9 месяцев назад
You are a Canadian citizen. How did you buy a house in USA in your name? Discuss this too
@deepindermann
@deepindermann Год назад
Great content sir..quick question Does the land also become yours if you are buying the whole building?
@growwithnav
@growwithnav Год назад
Yes it does
@user-wc5zz6th1r
@user-wc5zz6th1r 10 месяцев назад
You are a citizen of Canada. Which visa is required to buy a house in USA?
@Cool_tech.01
@Cool_tech.01 6 месяцев назад
What about the taxes, won’t you be tax at 30% income on total rent income
@meetramneek
@meetramneek Год назад
Grow in US mailing list link not working, please fix
@aqal5333
@aqal5333 2 месяца назад
Great, more of you should move to the US from Canada.
@Laf_Lines
@Laf_Lines Год назад
Congrats. Is this your own investment or is it a joint endeavour?
@growwithnav
@growwithnav Год назад
Joint venture with 4 partners
@fern8580
@fern8580 10 месяцев назад
How much the cost Nav for a coaching " Canada real estate invest near the frontier US"?
@growwithnav
@growwithnav 10 месяцев назад
It’s costed me $14K to learn for 1 year.
@navjotsingh2457
@navjotsingh2457 Год назад
great
@kkjain3336
@kkjain3336 Год назад
Taxation is flat 30% in for non resident in usa i guess then canada will charge 20% plus = 50% income will goes into taxation Right ?
@growwithnav
@growwithnav Год назад
That’s 100% true if you don’t know what you are doing 😀
@kaala-paani
@kaala-paani 6 месяцев назад
Give us the tips to avoid those taxes as well
@permanentvacation3888
@permanentvacation3888 2 месяца назад
Was it before or after your us visa cancellation?
@sadhvikaagrawal
@sadhvikaagrawal 9 месяцев назад
How did you find financing in the US?
@GogoGorkee
@GogoGorkee Год назад
🔥🔥🔥🔥
@iqbalsaini8036
@iqbalsaini8036 2 месяца назад
Do you have a property manager to manage this property.?
@growwithnav
@growwithnav 2 месяца назад
Yes I do
@akashmehta7599
@akashmehta7599 3 месяца назад
So it’s 2024, did u make 3 k in cashflow and did the building value move to 600 k+
@growwithnav
@growwithnav 3 месяца назад
$2650 Cashflow. $625K value. Appraisal pending. Refi completing next month :)
@victor-ev6np
@victor-ev6np 7 месяцев назад
How does this investment make sense ? Even with the lower interest rates of USA ? The rental yield is less than 2 % ...is there anything or any hidden benefits I am missing..
@growwithnav
@growwithnav 7 месяцев назад
You get 100% of the money out in 1 year and make the 2% yield on $0 😀 And you still hold equity in a multi-family home. That’s pretty sweet don’t you think? The trick is to find a deal that would require enough remos to make it $0 home in a couple of years. The only other investment that would beat this is I investing in my skills and my business.
@victor-ev6np
@victor-ev6np 7 месяцев назад
@@growwithnav okay, thanks Nav. I have followed your other channel which guided us in our PR Application. We have recieved our ITA, but we are contemplating our final move considering the present situation. Thanks again , Keep doing the good work !!
@kkjain3336
@kkjain3336 Год назад
What about taxation in both countries ?
@growwithnav
@growwithnav Год назад
That’s a big one - and your structure in US matters… a very long topic of discussion… took me a while to understand it
@kkjain3336
@kkjain3336 Год назад
​​​@@growwithnav plz make a separate video on taxation in both countries / and mortgage
@ghungroo3850
@ghungroo3850 Год назад
You get Peanuts in this amount in the Toronto and Vancouver markets.
@shabifb
@shabifb 10 месяцев назад
Hello simran and navjotji
@FredericoLisboa
@FredericoLisboa Год назад
Great content keep up the good work. Successful people don't become like that overnight. Most people you see as wealth at a glance, a great career, purpose is the result of hard work and remains over time. I pray that anyone reading this will be successful in life.There are no shortcuts to getting rich but there are smart ways to go about it. Professional,Jeremy Elton Johnson has been my advisor/trader.
@iseulhangul3308
@iseulhangul3308 Год назад
not surprised you mentioned JEREMY ELTON JOHNSON she is just so good and her professional strategies are really mind blowing. this is over a year i have been benefiting from her trading services.
@georgefrodd5191
@georgefrodd5191 Год назад
professional Jeremy Elton Johnson has been my coach, broker for a long time now and I'm happy with her services I get my weekly profits consistently.
@gulraizhanif
@gulraizhanif Год назад
I understand you are a BiggerPockets graduate..but how can you completely ignore maintenance (5%), capex (10%) and vacancy (8%)...no mattter how much interior decor you do, you are buying a 130 year old property...this 23% provision will eat all your cashflow. Not criticizing your decision but just trying to understand your thought process
@growwithnav
@growwithnav Год назад
Not ignoring it - it’s just that these numbers are unclear as of today and will be more clear an year from today when the basic planned Renos and completed and we get a handle on the actual interest rates, ARV and rents. Probably another video in a year with actual numbers would make more sense 😀 For now, we have already budgeted $60,000 for all these until the building stabilizes. Multi- units can be difficult to stabilize at times and numbers can be a bit fuzzy.
@gulraizhanif
@gulraizhanif Год назад
@@growwithnav numbers are unclear that's why you make provisions :) all the best buddy..i am also a canadian and looking to invest in US...would love to see how your experience is after one year
@Huzefakhozemasaifee
@Huzefakhozemasaifee 10 месяцев назад
Canada despirately needs housing right now. It is sad to see investment money going to the US.
@growwithnav
@growwithnav 10 месяцев назад
True … sad reality
@ravishankar240
@ravishankar240 Год назад
Great but you have decreased the emi even though you are planning to refinance 🤨
@growwithnav
@growwithnav Год назад
Where? On Refi, the emi increased.
@sammitpotade
@sammitpotade Год назад
Congrats but 2024 numbers look inflated
@growwithnav
@growwithnav Год назад
Thanks :)
@siddharthnair673
@siddharthnair673 10 месяцев назад
haha, i am honestly surprised by how optimistic your projections are. you are buying apartments in a very unsafe nighbourhood (based on US statistics, bedford is in the bottom percentile for security). Stop making stupid assumptions on this. Also, the amount of money you will end up spending on maintenance will outweigh the benefits.
@growwithnav
@growwithnav 10 месяцев назад
This video is old :) The rents are now $875 per unit for 6/8 units + storage units. I understand your skepticism- it’s not for everyone and that’s ok 👍
@avadhpatel111
@avadhpatel111 Год назад
That's probably Liberia's flag, but not the US! 😢
@growwithnav
@growwithnav Год назад
Liberia has 1 star :)
@avadhpatel111
@avadhpatel111 Год назад
@@growwithnav , yes, so does the flag in the caption has 😅😅
@growwithnav
@growwithnav Год назад
Hahahaha yes - good catch 😀 Changed it
@avadhpatel111
@avadhpatel111 Год назад
That's my level of focus on every corner of your content. Can't afford to miss a single detail!
@alexparx1501
@alexparx1501 Год назад
Having a PR in canada , you can invest in US ? I didn't know this. Do you have any video already done on this, i might have missed. Congratulations!!
@growwithnav
@growwithnav Год назад
Thank you :) Yes you can. There is a webinar on the channel on US investing.
@rohanutep81
@rohanutep81 Год назад
@@growwithnav now apply for Eb 5 US green card through investment
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