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Calvin Poon and his fiancée, Lichee, had some initial hard lessons after buying at the height of the market but ended up successfully renting out their first property and then completing a flip.
Guest: Real Estate Investor, Calvin Poon
In this episode learn about:
- Insights on developing land and infill developments
- Risks and the pros and cons of land development, including financing and costs
- Various stages of land development, timelines and processes
- The value of mentorship coaching
Calvin and his fiancée, Lichee, had some initial hard lessons after buying at the height of the market but ended up successfully renting out their first property and then completing a flip.
Now they are doing an infill land development project in St. Catharines, Ontario and documenting their journey on their website to help other real estate investors see what it takes to do what they term “Flat (land) to Doormat”.
Not coming from a construction background, Calvin emphasizes that land development and construction is more about your mindset, he has discovered it is 80% mental and only 20% actual construction.
Get in touch with Calvin:
Website: www.calvinpoon.net