Elbowroom
Elbowroom Properties π β¨ Furnished rentals, cozy stays, seamless property management + coaching.
05/16/2022
Our new listing coming soon! πππ
01/22/2022
What a fun project! π Canβt wait to share the after photos!
I decided to go by one of our flips on the way home from picking up groceries this week. This was a project that had been moving along great... until the dreaded window delay π
But as you can see, the windows and doors are in! The new black exterior looks even better with brand new, crisp, white windows. Even the birch tree looks gorgeous! πππ
We're on the home stretch now. Excited for the big reveal !
08/31/2021
We love to share and love our partners! π€©π€©π€©
Last week marked another special day for us. In our collaboration with we sold a property, paid out a lender, and started a JV Partnership. All on the same day! How you ask? Well here's a handy dandy infographic (loving these!) that shows you the basic model for how to go about this. It's essentially the BRRRR model, but instead of keeping the property in our own portfolio, we've decided to JV this one to a partner looking specifically for cash-flow. Why didn't we just keep the property and then keep all the cash-flow? Yes, it would nice to retain all the monthly profits, but sometimes it makes more sense to share!
I feel like this one deserves an extra special celebration. We were able to pay out some very special lenders on their very first private lending deal. They had a great experience and one of their first questions was, ok, what can we do with you next? (who doesn't like to hear that?!)
We also were able to match a JV Partner with a solid cash-flowing property after running into a few roadblocks out of the gate. That whole experience showed me how important it is to stay positive and to keep looking forward. Just because one opportunity doesn't work out, doesn't mean there isn't another one right around the corner!
This weekend was a time to be extra grateful for the amazing partners, investors, colleagues, and new friends in our lives. And to celebrate the wins!
01/22/2021
Weβre looking to hire someone for occasional labour. Good work ethic is essential but no experience necessary, youβll be assisting someone skilled on our team. Send us a DM if you know someone or are interested yourself.
*Please note, we have a Covid operational plan in place allowing us to work through red phase.
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9th Floor, Canvas Hotel, 55 Queen Street
Moncton, NB
E1C1K2