Red Deer Rental Property Deal Analysis | $500/Month Cash Flow | First Rental Property Success скачать в хорошем качестве

Red Deer Rental Property Deal Analysis | $500/Month Cash Flow | First Rental Property Success

Welcome back to the channel! In today’s video, I’m in Red Deer, Alberta with REI Masters Mentorship Program investor Manny Escobar. Manny just closed on his very first rental property — a no-condo-fee townhouse that’s cash flowing $500/month from day one. In this video, we break down: How he found the deal (through the REI Masters community) Why he jumped on it even though it was slightly above market value The renovations and touch-ups he did to get it rent-ready The tenant profile and area highlights (parks, schools, shopping, dog park) The full breakdown of numbers: purchase price, down payment, rent, expenses, and cash flow How the property projects an 88% ROI over 5 years (without appreciation!) This is a perfect example of how new investors can win in Alberta’s competitive market by focusing on cash flow, tenant profile, and long-term ROI. 📌 Want mentorship and support like Manny? Learn more at: www.reimasters.ca