Talking with the ”Triplex King” Felix Vortsman

<p>Do you want  to maximize the potential of your single family home, boost your cash flows while keeping costs in check?</p> <p>Felix Vortsman is a Chartered Accountant, professional real estate investor, coach, financial planner, founder of Cloud9Life.ca™ and Sales Representative at Rock Star Real Estate Inc. Brokerage.</p> <p>In this episode, Felix shares his unique approach to legally converting your single-family home into a triplex or fourplex with minimal changes to the existing structure.</p> <p>Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): <a href='https://investorattractionworkshop.com/'>https://investorattractionworkshop.com/</a></p> <p>What you'll learn from this episode for 20 minutes:</p> <ul><li style="font-weight:400;">Discover a strategy where you can increase your cash flow while mitigating your risks</li> <li style="font-weight:400;">Find out how you can turn a single family home into more units without any rezoning or additions and operate legally</li> <li style="font-weight:400;">Learn how to conveniently do a cost-efficient and effective three-unit conversion </li> </ul> <p>Resources:</p> <ul><li style="font-weight:400;">Want to have a chat with Felix? Click here: <a href='http://mycloud9life.ca/about/'>http://mycloud9life.ca/</a></li> </ul> <p>Topics Covered:</p> <p>00:59 - Using his SAP money to purchase his first property</p> <p>02:54 - Known for being the 'triplex king'</p> <p>04:48 - Turning a family home into a triplex without much changes or additions</p> <p>06:38 - A picture of how he transforms a single family home into a three-plex [before and after]- </p> <p>08:53 - How much is the increase in value after the conversion is done</p> <p>11:37 - Estimated cost to convert a single family home and what the number looks like in these certain markets for home conversions</p> <p>14:16 - Benefits of this strategy</p> <p>15:49 - Opportunities for turning a family home into a short-term rental [and types of people who patronize their product]</p> <p>Key Takeaways:</