The Andrew Hines Real Estate Investing Podcast · Andrew M. Hines

The U.S. Real Estate Playbook for Canadians Pt 4: Smart Metrics That Save Deals

·22 min·1 clip

A $96,500 house in suburban Atlanta turned into a listed price of $239,000.

1. The Andrew Hines Real Estate Investing Podcast episode focuses on U.S. real estate playbook lessons for Canadians, with Andrew Hines comparing wins and losses across several deals. 2. Andrew Hines is the host, and he says his experience in Canada and the U.S. matters because culture, customs, and pricing norms differ across markets. 3. The episode asks what happens when a Canadian investor follows or ignores his own metrics on land, houses, and rural properties. 4. Andrew Hines says his basic buy box is about 50 cents on the dollar for land and about 70 cents on the dollar for houses, minus renovation costs. 5. He says a house in Morrow, Georgia, south of Atlanta, had water damage, a collapsed bedroom ceiling, old kitchen finishes, and a collapsing back deck. 6. Andrew Hines says that Atlanta-area house came off a Facebook ads lead, was bought for about $96,500, and got $1,000 off at closing because the tenant left junk. 7. He says the renovation cost about $50,000 to $60,000, the home was staged, and the property listed for $239,000 before selling at full price in about a week. 8. Andrew Hines says the result showed why staging, good renovation detail, and a low entry price can create room for roughly a $60,000 profit. 9. He contrasts that with a rural property in Alachua, Florida, northwest of Gainesville, that combined a house and land for 10 acres. 10. Andrew Hines says the team thought the Florida property could list in the high $600,000s, but the actual sale landed at $505,000 after it was bought for $360,000. 11. He says the problem was weak comparable data, a realtor who overestimated the market, and a slower rural sale than the team expected. 12. Andrew Hines says the Florida deal still broke even because the metrics built in a buffer, even though the team had to hold it much longer than planned. 13. He says a Houston package included a garage apartment of about 700 square feet and two nearby houses of about 1,050 square feet each. 14. Andrew Hines says the Houston properties were very rough and stinky, with kitchens that had water heaters inside them and siding that suggested major rehab work. 15. He says the garage encroached on the lot line, which blocked the original plan to split the purchase into separate legal titles. 16. Andrew Hines says the team paid about $300,000, expected to sell as-is to a developer, and instead ended up subdividing and listing the pieces separately. 17. He says a first realtor pushed the deal, a referral-based replating company took a deposit and then ghosted them, and a later company found through Google reviews finally completed the work. 18. The episode is delivered as a screen-share style walkthrough, with Andrew Hines narrating photos, old video, and current deal statuses in a direct, practical tone. 19. People who buy, rehab, or analyze U.S. rental and flip deals from Canada would get the most from this episode. 20. Listeners who want polished storytelling without deal math or agent process talk may skip it.

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