Beverley & Marty

Bev and Marty

REI Portfolio Value: $2,090,900
Rental Units/Doors: 7

“We have increased our net worth by 1 million in almost exactly 5 years. Our younger daughter has long since graduated and bought her own rental.”

Strategies Used:

  • Joint Venture
  • Pre-Construction Property
  • Flip to Yourself
  • Buy & Build
  • Multi-Unit Residential
  • REIT
  • Buy & Hold
  • Conventional Financing
  • Turnkey Properties
  • Buy, Reno, Rent & Refinance
  • Land Development

Beverly & Marty talk about where they were prior to joining Keyspire and what they have achieved since

“When we first came to Keyspire, we already had one rental house. We were working full time, trying to pay down debt and save for future university tuition for our young daughter. (My eldest was already established – Marty). We were seriously discouraged with our rental and were considering selling it. We had not selected tenants well and had a mess on our hands. My wife heard about the masterclass and on a whim, registered us. I remember telling my wife, “We’re not buying anything! “Two hours later we signed up for the workshop! We went on to the summit later that year.
Not only did we keep our rental, we bought 4 more in 5 months including two in a JV. We moved our RRSPs to passive real estate opportunities and eventually bought into 7 different projects both in Ontario and as far as Florida.

So how have we done? Well, we finally did sell that first rental for a 300,000 profit. Our ROI. Infinite, because we already flipped to ourselves and had all our investment back. Realistically we turned a 24 k reno expense into 300 k on one property alone over 9 years (272 profit and 125% per year,). The other four we bought? We turned 217 k in down-payments into 993 k So 775 of that is profit. (71% annual ROI). We have an HYOT that pays us 1300 a month at 10% .The RRSP investments are about to mature ranging between 30 and 40%.

All in all we have increased our net worth by 1 million in almost exactly 5 years. Our younger daughter has long since graduated and bought her own rental. We owe Michael and Scott so much. We recommend Keyspire to anyone who’ll listen and even crashed a few masterclasses back when we could, just to stand up and share our story. We hope to do so again soon. Here’s hoping we can all gather at another summit soon, I know we will be there.”

Beverly and Marty talk about the role Keyspire played in their success and the biggest benefit they got from Keyspire programs:

“Without Keyspire, we would’ve sold that initial rental and maybe made a few dollars. With Keyspire‘s training and the opportunities that we were presented, we are a million dollars wealthier in 5 years. Our family has benefited from what we’ve learned too. We constantly refer to our training even in conversation between us. The biggest benefit has been learning and the respect of people who see just what knowledge can do. People now ask us our opinion on markets and opportunities. Knowledge We have expanded into two other opportunities where our knowledge and experience pay off Financial freedom to take those family vacations and pay for all eight of us. This has allowed us to spend real quality time with our grandkids. We know that we will leave our family in a far better place both financially and educationally.”

Beverly and Marty have taken the whole family on paid vacations, not once but twice. They still work, but because they want to, not because they have to. Beverly and Marty’s retirement looks completely different, and their daughters look forward to taking the reigns someday.

User Avatar

Aaronvow

Recent Blogs

The Best Time To “Cash Out” Is…

By Michael Sarracini | July 27, 2023

“When should I ‘cash out’ and sell my properties?”   I hear this question a lot and it blows my…

Attract Higher Paying Tenants by Being Pet Friendly!

By Kelly Mendonca | July 13, 2023

Optimizing an investment property is all about maximizing your income and minimizing your workload and expenses, such as tenant turnover.…

The 7-Step JV Process

By Michael Sarracini | June 29, 2023

“It’s better to own 10% of 100 properties than 100% of 1 property.”   No matter how wealthy and successful…

Income Vs Net Worth

By Kelly Mendonca | June 26, 2023

In today’s world, two of the most important financial metrics are income and net worth. Understanding the distinction between the…