Griffin Milks - Why Invest in Secondary Markets?

Some real estate investors overlook secondary markets, but for Griffin, they are a gold mine! 

It sounds interesting, doesn't it?

Join us in this episode as Griffin Milks, a Personal Finance YouTuber & a Real Estate Investor, shares his incredible journey as a real estate investor — from his first mistake as an investor and how he used it as a lesson to leverage his portfolio. 

Furthermore, regardless of whether you are an experienced investor or a newbie, you are in for a treat as he offers some helpful tips and tricks on how to succeed in secondary markets.

Enjoy listening!

What we learned from Griffin Milks in this episode:

- The importance of network-building and studying in real estate. 

- Griffin’s current business model.

- How to leverage your profit through Forced Appreciation.

- The advantages of secondary markets over primary markets.

- How to leverage your portfolio in secondary markets.

- Highly effective and practical advice to people who are interested in investing in the current financial market. 

Success Quotes:

"Identify a strategy and then stick to it. Identify something that works for you and do at least a couple of deals before venturing out to other things. ” -Griffin Milks

“You need to be able to think outside the box and go find something that's going to work for you.” -Griffin Milks

Timestamp:

00:00 - Intro

01:00 - Griffin talks about a little bit about his journey through life that has led him to become a real estate investor.

07:00 - Griffin advises network-building and studying your chosen field as important first steps for investors.

08:30 - Griffin shares his current business model.

11:45 - Griffin explains what forced appreciation is, how it helped him leverage his portfolio, and why other investors should consider using this strategy.

15:55 - Griffin shares some very good advice to people who are interested in investing in the current financial market. 

19:41 - How does inflation affect the secondary markets? 

21:22 - What’s the situation in Gatineau? 

24:49 - Griffin compares what it’s like in secondary markets compared to primary markets. 

27:04 - In this real estate investment space in Canada, what should we be talking about that we're not talking about? 

31:44 - Ways to connect with Griffin Milks.

32:49 - Outro

Connect with Griffin Milks here: 

LinkedIn: https://www.linkedin.com/in/griffinmilks 

Instagram: https://www.instagram.com/griffinmilks/ 

TikTok: https://www.tiktok.com/@griffinmilks 

Youtube: https://www.youtube.com/channel/UCisvBfs8T0GdI3HJbON3cqA 

Connect with Us:

Facebook Page: https://www.facebook.com/restateinvestorsclub/ 

Email: reic@clubimmobilier.ca 

Axel Monsaingeon’s LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/ 

Axel Monsaingeon’s Instagram:  https://www.instagram.com/monsaxel/ 

Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/ 

Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/ 

Terrie Schauer’s “Mindful Landlord” book: https://mindfullandlord.com/ 

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Are you ready to meet other real estate enthusiasts, property owners/investors, “flippers”, managers, and real estate specialists who are open to sharing “tricks” of the trade with you? 

Come join us at Courtyard by Marriott | Montreal Airport on November 16, 2022 for our monthly networking event.

Click on this link to learn more about this amazing treat: https://www.clubimmobilier.ca/en/activites/networking/monthly-event-in-montreal/