• Advertising and marketing • Accounting fee • Capital Expenditure Calculate NOI: Once you've deducted all operating expenses from the Effective Gross Income, you arrive at the Net Operating Income. NOI = EGI(Effective Gross Income) - GOI(Gross Operating Expenses) Our story: Our journey started with investing in single-family homes. I love the appreciation of SFHs over the years, which has given us the ability to multiply our portfolio several times. However, we began our first principal residence purchase in the early 2000s in the Toronto and Mississauga areas. Since then, housing prices have tripled. If you are new to real estate, it can be challenging to start investing in single-family homes in major cities in Ontario. But if you are like us, having owned your principal residence since the early 2000s, you must have accumulated significant equity in your home. You might want to take advantage of refinancing your home to create a secondary source of income through real estate investing. Over time, we diversified our investment portfolio by delving into commercial real estate ventures. Last year, we took a significant leap into multi-family properties, resulting in another expansion of our real estate holdings. Now, at the helm of an eight-figure real estate business without using other people's money, I find myself with newfound freedom to devote time to writing this book. Although crafting this book has consumed hundreds of countless hours, I'm delighted to share it with you.
My goal is to empower you to achieve financial freedom sooner, granting you the freedom of choice for yourself and your loved
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