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Why would a Canadian making seven figures walk away from it all to start over in the U.S.? 🇺🇸
This week, Mat Piche sits down with Joe Doyle, a member of our course and community. In B.C., Joe sells around 100 homes a year, owns 13 properties, has flipped more than 50, and runs a gym and a car wash on the side. By any measure, he made it in Canada. But between B.C.'s short-term rental crackdown, the vacant home tax and the new anti-flip tax, Joe decided he'd rather be swimming in the OCEAN than a goldfish pond.
Within about a month of setting up his U.S. structure, Joe had his first deal under contract: a move-in-ready 3 bed, 2 bath house in Texas at $145K, with local agents putting the after-repair value around $220K. No renovation. No contractors. Just close, stage, list and sell, without touching the doorknob.
In this episode, we break down:
🏠 Joe's first U.S. deal: $145K purchase, roughly $220K estimated value, zero renovation
🧮 Peeling the onion: what Joe stands to make if the realtor is right, and what he could still make if they're way off
🚪 Why a seasoned flipper is choosing "no-touch" deals over big renovation projects
🍁 How B.C. regulations took away Joe's Airbnb income, then taxed him for leaving the home empty
🏛️ Setting up a Canadian and U.S. corporate structure the right way, with the E-2 visa as the long-term goal
⚾ Why base hits beat home runs, and how volume eventually brings the grand slams
🤠 What Joe saw in Texas: speed, no red tape and a "just build your business" attitude
💡 His advice for Canadians on the fence: "$1 of unearned money is 10 times more valuable than earned money"
🧭 Deciding how you want to live, then reverse-engineering the business to get there
Joe had already "made it" in Canada. He's not chasing money. He's chasing freedom, more time with his family and a country that wants him to grow.
Our mission with The American Upside is simple: To show everyday people what's possible when they start thinking bigger about money, business and investing.
Whether you're Canadian or American, an experienced investor or someone who's never purchased a property, this show is for you.
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Disclaimer: The deal discussed in this episode was under contract at the time of recording. Profit figures are estimates, not final results. Joe's results are his own and are not typical, and they are not a promise or guarantee that you will earn similar results. Real estate investing involves risk, including the loss of money. Nothing in this episode is legal, tax, financial or immigration advice.
