No Risk, No Reward - Jeff-Andre Clergy On What It Takes to Succeed In Real Estate

“I think that the first hurdle was ourselves.” - Jeff-Andy Clergé. 

The hardest part of being a real estate investor is not buying your first property --- it's overcoming your fear of investing and becoming good at finding, funding, and managing properties. In this roller coaster world of investing, becoming an expert is not something you can achieve over night. 

In this episode, we'll give you a jumpstart on how you can start your real estate investing journey as we will have Jeff-Andy Clergé, General Manager of Royal LePage Mellor Group, talks about his real estate investing journey, what skills you need, what mindset you should establish, and how much risk you should take before stepping into the world of real estate investing.

Enjoy listening! 

What we learned from Jeff-Andy Clergé in this episode:

- What does it take to become the General Manager of Royal LePage Mellor Group? 

- How can you start your real estate investing journey?

- The hardest part of being a real estate investor. 

- How to become a successful real estate investor — A look at Jeff’s experience and expertise on how to overcome your “Imposter Syndrome” in real estate investing. 

- What are risks and how much risk should you take when investing in real estate?

Success Quotes:

"Being an entrepreneur is risk management.”

“We can succeed, we can make all the money in the world. But if there's no purpose behind, it kind of doesn't make sense at one point”

“You need to be able to accept that you don't know everything. Surround yourself by people that have made it or are better at everything that you do”

Timestamp:

00:00 - Intro

01:58 - Jeff shares his journey into real estate, as well as how he became the General Manager of Royal LePage Mellor Group.

05:35 - Jeff talks to us about investing, how he got into it, and how his experience as an investor has been so far.

07:33 - Jeffs explores what he had to overcome in order to make the decision to jump into the unknown.

12:02 - Jeff reveals the hardest part of being an investor. 

13:12 - Jeff outlines the skills required to succeed in investing.

15:15 - Jeff describes the Royal LePage Mellor Group’s metrics as well as his own. 

18:17 - Jeff shares some of his secrets on how he manages risks and how we should too.

21:46 - Jeff talks about his “why”. 

23:57 - Jeff offers his one piece of advice for those who are considering getting into real estate investing.

25:25 - Ways to connect with Jeff-Andy Clergé.

25:55 - Outro

About the Guests:

Jeff-Andy Clergé:

- Managing Director of Royal LePage Mellor Group. 

- Co-Host of 23+1 Podcast

His mission: Be a catalyst of change by my innovative vision and my understanding of the issues.

Connect with Jeff-Andy Clergé here: 

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

Twitter: https://twitter.com/jeffandy9 

Instagram: https://www.instagram.com/jeffandy.clerge/ 

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/