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Coach Homes Are The Future of Real Estate Investments

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At Visture Property Group we believe the next ten years will provide investors with a unique opportunity to invest in coach homes given the Ontario Governments recent Bill 23, or the More Homes Built Faster Act. Investors who already own property where a coach home could be added will be well advised to consider this investment.

You may never of heard of coach homes so here’s more info…

Coach homes, also known as carriage homes, are a popular housing trend that has been gaining momentum in recent years. These unique homes are becoming a popular choice for homeowners and investors alike due to their versatile and convenient design. In this blog post, we’ll take a closer look at coach homes and explore why they’re becoming such a popular choice.

What are Coach Homes?

A coach home is essentially a small, standalone residence that is built adjacent to a larger home. These homes are typically smaller in size, with an average square footage of around 500 to 800 square feet. They can be attached to the main home, located above a garage or even built as a separate structure on the same property.

Coach homes have been around for centuries, originally used as housing for horse-drawn carriages and their drivers. Today, coach homes are a modern take on this classic design, offering a unique and convenient living space for a variety of different lifestyles.

Why are Coach Homes So Popular?

One of the main reasons why coach homes are becoming increasingly popular is their versatility. They can be used as a rental property, a guest house, an office space, or even as a separate living area for older children or elderly parents. Coach homes are a great option for homeowners who want to maximize the use of their property and add value to their home without the need for a full-scale renovation.

Another reason why coach homes are becoming so popular is their cost-effectiveness. Compared to building a full-sized home, coach homes are a more affordable option. This makes them an attractive investment opportunity for real estate investors who are looking to generate passive income.

Coach homes also offer a range of benefits for homeowners who choose to live in them. They provide a separate living space that allows for greater privacy, making them a great option for couples or families with older children. Coach homes also offer a low-maintenance living space, with less cleaning and upkeep required than a larger home.

Finally, coach homes are an eco-friendly option. They are typically smaller in size, which means they use less energy for heating and cooling. This makes them an environmentally responsible choice for homeowners who want to reduce their carbon footprint.

In conclusion, coach homes are becoming an increasingly popular housing trend due to their versatility, cost-effectiveness, privacy, low-maintenance, and eco-friendliness. Whether you’re a homeowner looking to maximize the use of your property or a real estate investor looking for a passive income opportunity, coach homes are a great option to consider.

At Visture Property Group we’re actively building coach homes right now and will be posting updates on their progress. Stay tuned…

If you’re interested in Visture helping you with a construction project, email sales@visture.ca or call/text us 705-998-2017

Rent-Ready Renovations: You Won’t Believe The Before & After! 👀

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Are you a rental housing provider who has an outdated property or isn’t maximizing your return on investment? You shouldn’t have to feel embarrassed about a property that’s below your standards. As a real estate investor, you should be getting the most out of your portfolio and your investments.

 The #1 way to improve your rental profile and increase cash flow on your rental properties is through renovation. 

So, how can you take your existing property and make it rent-ready? Higher rents mean higher property values, but there are some important considerations to watch out for before you get started. That’s why we’ve created a free Rent-Ready Renovation Masterclass (>>CLICK HERE<<) for investors like you who are ready to take their portfolios to the next level…

We’re going to show you exactly how we were able to take a property that was only generating $1100 per month to $2100 per month in rental revenue.

You’ll also learn how to plan your renovation properly so you don’t waste time, or blow your budget so you can successfully generate a higher ROI immediately.

Come behind the scenes with us and see some of our recent Rent-Ready Renovation projects for yourself. You won’t believe the before and after!

Rent-Ready Renovation #1: Alymer – Increased profit by $135,000

Rent-Ready Renovation Project #2: Duplex Conversion in Lindsey, ON – Increased rental income by $42,000 per year

Rent-Ready Renovation Project #3: Downie – Increased rental income by $15,000 per year

Rent-Ready Renovation Project #4: Parkhill Rebuild – Increased rental income by 51,000 per year

Ready to get started?  Get free instant access to Visture’s Rent-Ready Renovation Masterclass here.

Visture Property Management is an industry leader at completing rent-ready-renovations for our clients that are fast, efficient and provide the best return on investment for our clients. We also specialize in creating accessory apartments, secondary dwelling units (SDU), duplex, triplex and additional residential units (ARU). Contact us for all details and to get in touch.

 

Why Coach & Laneway Houses are Completely Changing the Game for Real Estate Investors

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A new type of affordable housing is on the rise across Canada and it’s not old school basement suites, tiny condos or repurposed shipping containers.

A coach house, or laneway home is an accessory residential unit (ARU) on an existing property, usually built in the backyards of single-family homes, or duplexes. Most coach houses average 700 square feet per floor and can be 1-2 stories, some with garages and without.

Although municipal bylaws can vary depending on the location, you can usually avoid time-consuming and costly zoning challenges like you would with a brand-new build on a vacant property.

Here’s an example coach house project Visture is currently building here in Peterborough!


So, why is this such a game-changer for real estate investors? The emergence of coach houses or laneway homes is making it easier for people to balance the high cost of living in popular suburban areas, and for real estate investors to add supply to the marketplace, while generating additional rental income. Coach houses are a great way to completely level up your real estate portfolio and secure your financial future without having to overhaul your investing strategy. You can reap the benefits of a multi-family rental income without having to actually venture into multi-family, commercial or industrial investing.

In some instances, where investors are struggling to create cash flow, leveraging a coach house can be the catalyst to generate positive cash flow and even bigger  returns on their investment while adding supply to the rental marketplace. 

Check out these numbers and see for yourself how adding an accessory residential unit such as coach house can create HUGE cashflow!



We can help maximize your real estate portfolio with turnkey rent-ready renovations, duplex conversion, intensification projects, coach houses and complete new builds.

Click here and see how Visture can help you as a property owner.

 

CEO of Visture JG Francoeur Interviews Author of Rethinking Humanity

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JG Francoeur, the CEO of Visture Property Group, was a co-host and keynote speaker at The Great Real Estate RESET Summit hosted by The Real Estate Investment Network in November 2021. In anticipation of the event, co-hosts JG Francoeur and Patrick Francey interviewed Jamie Arbib who is the co-author of Rethinking Humanity.

In this interview, they cover:

1- The technology convergences taking place in the next few years

2- Why and how this will deeply affect real estate

3- The cascading effects that will disrupt and transform market opportunities

4- The Canadian economy and how it will need to evolve

We’re happy to help and serve Peterborough, Lindsay, Orilla and Huntsville. Please email sales@visture.ca or call/text 705-998-2017 to see how we can help you and your real estate investments. We special in turnkey property management services, sales, marketing, construction and renovation including secondary suites and duplex conversions.

Realtor Masterclass

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This masterclass was conducted for a group of realtors in Peterborough Ontario. The main purpose of this masterclass is to help realtors help their real estate investor clients. See property investors look at the real estate market through a certain set of filters and those filters are different than regular home owners.

In this 60 minute masterclass, JG Francoeur will cover:

  1. Why Real Estate is a great investment
  2. Why we expect the market to keep appreciating
  3. What drives a real estate market for investors
  4. Why most investors are confused
  5. How to create value to maximize return on investment
  6. Common property management mistakes and how much they cost investors

If you would like a copy of the slides, please click here to download.

We’re happy to help and serve Peterborough, Lindsay, Orilla and Huntsville. Please email sales@visture.ca or call/text 705-998-2017 to see how we can help you and your real estate investments. We special in turnkey property management services, sales, marketing, construction and renovation including secondary suites and duplex conversions.

Hosting & Speaking @ Real Estate Investor Summit

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JG Francoeur, CEO of Visture Property Group & Property Management will be hosting and speaking at the Real Estate Investment Network SUMMIT March 19-20 >> The #1 source and resource for building passive or active income through investing in real estate – in up markets or down markets! https://reincanada.com/events/summit/

Join Canada’s top in-the-trenches real estate investors, research analysts, and economic experts for 1.5 days of real estate investing education, strategies, and solutions. Learn how to make sound decisions—based on facts, not emotion—in every and any market condition!

“As real estate investors and property managers, when we’re not in the trenches helping our clients manage properties, we are expanding our knowledge. This is what every investor should do. We believe once a mind is expanded, it can never retract to its original state.” Says Francoeur

You Don’t Have To Worry About Your Financial Future When There Are So Many Opportunities Available in Real Estate.

We understand the confusion created by media and so called “experts” about where and how to get started real estate investing. Using The Real Estate Investment Network’s Success Formulas is a safe and proven way to create financial security and certainty.

LEARN MORE or REGISTER >> CLICK HERE <<

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Secret Weapon Unveiled – Leasing Bot

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Secret Weapon Unveiled – Leasing Bot, here at Visture, we believe in using technology to innovate the field of property management. This industry is one typically run by old, stodgy, stale ideas and it’s time for a shakeup. Early in 2020 we introduced a whole new concept, a whole new idea to innovate a leasing robot (AKA: leasing-bot).

We combined the power of remi360.com’s Artificial Intelligence (AI), automated marketing systems with Visture Property Management Peterborough’s innovated leasing process to create the Leasing-Bot

Over the last several months, we can confirm that the Leasing-Bot has saved hundreds of hours and generated dozens of quality leases, mostly automatically. Genius!

For the full scoop, register and attend the Leasing-Bot Presentation that is being hosted by remi360 and Visture Property Management Peterborough.

Visture Property Group & Visture Property Management Peterborough

Let Us Manage Your Real Estate Investments, So You Can Focus on Growing Your Wealth (and sleep better at night)…!

Email Us: vpm@visture.ca
Property Management Office: 705-999-4214
Leasing Coordinator: (705) 998-2017
Property Management Sales: 647-808-8932

Our Office is located at 552 Armour Rd. Peterborough ON Canada

Serving: Peterborough | Huntsville | Orillia | Hamilton

Rent Increase During Covid

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One of the most common landlord questions is “Should I raise my rent?”. There are a few things you need to consider before increasing it.

At Visture Property Group, we do not increase the rent until the next tenant turnover. Unless the rent is significantly under the market value. But, if it’s on the market value, we prefer longer tenancy rather than a tenant turnover every single year.

WHY?

Folks, tenant turnover is expensive. Not only that you have a risk of being vacant but the risk of advertising is there as well. It can costs $200 up to $400 for advertising to fill an apartment. The risk of being vacant in a month can costs you more than the monthly rent of your property.

Visture Property Management is here to help you realize that the risk is not worth it. Advertising costs are way higher than the 2% rent increase you’re going to get.

Remember to increase your rent if it’s below the market value, folks!

Introducing the Leasing Robot

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LIVE EVENT: On Sept 17 @ 8pm ET come learn how this breakthrough technology can save property managers and landlords 3 hours per day on average! https://remi360online.com/LeasingBot

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Take a minute to imagine the perfect leasing process. You generate an inquiry to a property, have a phone conversation to position the new lead, have the potential tenant apply, review the application and, if approved, you book a showing. Next, you will conduct your showing, close the deal, get the lease signed and receive your deposit. 

If this is how every lease worked, you would be walking on cloud nine. Unfortunately, we are all too familiar with the common trouble spots that end up jamming the gears of the leasing process. Those main issues are:

  • Hours and hours of chasing people to book a call
  • Not properly positioning the property from the start
  • Time wasted simply chasing applications
  • Hours lost to repeated booked showings
  • The admin notices

These five time-wasters are what used to interrupt the leasing workflow time and time again — but no more.

Introducing an all-new automated leasing program with remiOnline!

The team at remi360 Marketing Solutions have built what they call ‘remiOnline,’ an all-in-one marketing powerhouse built to compile every last leasing tool you need into one system, streamlining the leasing process and saving you valuable time. When it comes to leasing, the remiOnline system acts as what we at Visture Property Management Peterborough like to call a Leasing Robot. A Leasing Robot describes any system that will automate the vast majority of the leasing process while also accepting input from the user for better customizability.

Let us give you an example. The remiOnline system reflects any user’s unique sales process, or their ‘pipeline.’ Through triggers, the system can automatically adjust your leads along your pipeline depending on what stage they should be at. Say a potential tenant has booked a call with you through remiOnline’s custom forms — the system knows to generate that booking in your calendar, notify you of the booking, generate this new lead in your remiOnline contacts, as well as place this new lead in your pipeline allowing you to receive that crucial business data the moment it adjusts.

Various leads have been automatically placed inside two stages of this pipeline, ‘Showing Pending’ and ‘Showing Confirmed’

All five issues are solved by using this Leasing Robot, and it is the remiOnline system that powers it. The integrated CRM manages the pipeline of all tenants, and with the built-in text message and email system, all of your business communication needs are in one place. While you can send out custom messages to your leads, all texts and emails come already written for you to help further automate the entire process. 

You will receive automated admin notifications. These include notifications to the admin team for checks, notifications to owners when approval is required, and even notifications to accounting when a deposit is coming. What’s best is that the setup of remiOnline is already completely done for you. All you need to do is answer some questions, and the remi360 team will customize the system to meet your exact needs. This entire system, along with Visture Property Management Peterborough’s Virtual Staging service combine to become the ultimate leasing time saver!

Don’t ever wonder what the perfect leasing process might look like. Experience it by experiencing remiOnline. Contact remi360 today to sign up!

Visture Property Management Peterborough’s Latest Project

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Visture Property Management Peterborough is proud to mark the end of our latest home transformation.  What started as an eyesore — a non-contributing property in the surrounding community is now a gorgeous space and a huge win for the Visture team, its partners, and Peterborough.

It is in our dedication to solving the housing shortage in Peterborough that we seek out new property transformation opportunities. We look forward to our next project with enthusiasm and passion.

See below some pictures of this amazing transformation and if you’d like watch this video:

Looking to manage property but don’t know where to start? Sign up for our short-course where Visture CEO JG Francoeur will share the ins and outs of successful (and profitable) property management.

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