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From 1, to 2, to 44 New Builds – The Power of Purpose-Built Rentals with Kris Bucci

Welcome to another edition of the RevNYou with Real Estate Podcast with this episode’s guest: Kris Bucci.

Born and raised in small town Port Alice B.C. on the northern tip of Vancouver Island, Kris spent much of his youth playing hockey and competitive baseball.  Kris only escaped the small town life in 1996 by joining the Royal Canadian Navy and throughout his 22yr career in the Navy, Kris got to see much of the world and had some amazing experiences.

After spending the last 5yrs of his career in a staff position, spending much of his time planning, coordinating and executing small to large scale exercises. Kris recognized that all roads were leading him to Ottawa, which was a location and lifestyle that he was not looking to pursue. Realizing the skills and the discipline gained during his career, he set his sights on smoothly transition into becoming a full time Real Estate investor, General Contractor and Developer, which he has now effectively done.

In 2018, Kris,  his fiancé Sari  and 3 teenage boys began focusing on Real Estate, at which time they had already accumulated 4 rental properties.  That year they attended a Keyspire workshop and have since amassed 15 rental units over 9 homes.

Their portfolio is mixture of turn-key buy and holds, joint ventures, a vacation property/Airbnb purchased using an 80% Vendor Take Back, and most recently 2 purpose built suited single family homes.

Kris is now focused mainly on home building & developing, and is currently in the planning stages of a 44 lot subdivision.  Along with Sari and their partner Laurie-May Peroff, they are excited to move forward completing this planned community by constructing 44 executive style homes over the next 5yrs.

In addition to understanding Kris’s journey to where he is today, we cover some great actionable information including:

The process of finding joint venture partners – reaching out, sending e-mails, making phone calls, following-up Running the numbers on purpose-built rentals Reasons for investing in purpose-built rentals How Kris funds his purpose-built rental construction projects Development timelines

A big thank you to Kris for coming on the show and sharing his experiences, knowledge, and wisdom with the RevNYou community.

If you would like to contact Kris he’s always happy to talk Real Estate and you can reach out to him via email: kris.sari@uncoveredoasis.ca

For more information on their business and upcoming projects:
www.uncoveredoasis.ca

and for more information on how you can join Kris in his upcoming dream project check out www.sweetoasishomes.ca

Thank you for listening and we look forward to welcoming you to the RevNYou with Real Estate community!

– The RevNYou with Real Estate Team

www.revnyou.com

IG: @revnyoucanada

FB: Rev N You With Real Estate

YouTube: Rev N You With Real Estate

 

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