Real Estate Investor’s Club Podcast

The 80/20 Real Estate Principle: A Valuable Tool For Building Your Empire with Etienne Mellor

Investing in real estate could be your best bet if you're looking for a great return on your investment. It is one of the smartest investment vehicles in today's market. But like with any other business, it requires research and planning, you need to know the ins and outs before taking the plunge.

That's why in this episode, we will have Etienne Mellor, who has 20 years of extensive experience as a Residential and Commercial Real Estate Broker who managed to build an empire, a Royal LePage 2019 Ascension Winner, and the founder of the community called The Club TOP 5% Real Estate. He will share his expertise to all real estate brokers and investors on how to effectively focus on the “RIGHT” and “PRODUCTIVE” things — he will talk about the 80/20 formula of success! Moreover,  Etienne will also share his take on the current housing bubble situation —- is it really a crisis or media-driven? 

Enjoy listening! 

What we learned from Etienne Mellor in this episode:

- Etienne Mellor’s background and how he managed to create an empire in real estate.
- How to build an empire in the real estate industry!
- The power of reading — creating a wealth of knowledge through the analysis of different ideas contained in books.
- Why you should focus on the “RIGHT” things.
- Etiennne’s Youtube project. 
- How to wisely invest or sell your property even during these uncertain moments. 
- Real Estate Bubble — is the crisis true or media-driven?
- Understanding the specifics of selling and investing in real estate.

Success Quotes:

"We got to prioritize what are the activities that are helping that top line grow and prioritize that.”

“Have that right information, or information that's going to facilitate the achievement of whatever the goals are.”

“It's our obligation to be visible, to be heard.”

Timestamp:

00:00 - Intro
02:01 - Etienne tells a little about his background and how he entered the real estate industry.
05:04 - Etienne reveals his secrets of how he went from being a real estate agent to having a real estate brokerage empire.
06:40 - Etienne discusses how he organizes his reading list and how he integrates different learning experiences.
08:55 - Etienne dives into some of the most common errors real estate investors and brokers make.
11:18 - Etienne highlights the importance of focusing on the “RIGHT” things. 
15:55 - Etienne’s ambition — influencing the world in a positive way. 
20:25 - Etienne and his group’s ambitious Youtube project! 
22:13 - Etienne shares his expertise to all people who are still trying to invest in these uncertain moments. 
25:16 - Etienne’s specific advice for someone who finds himself in the position to put their property on the market.
27:48 - Etienne’s advice to real estate sellers and investors. 
30:21 - Ways to connect with Etienne Mellor
30:40 - Outro 

About the Guests:

Etienne Mellor: 

- QPAREB Board member 2020-2021 & Running in 2022
- Royal LePage 2019 Ascension Winner
- Podcast show host: The Growth Formula
- 20th year in Real Estate
- Member of the Political Action Committee of QPAREB
- Member of Quebec Professional Association of Real Estate Brokers
- Licensed mortgage broker
- Founder of the Community called The Club TOP 5% Real Estate. Estate

Connect with Etienne Mellor here: 
Facebook: https://www.facebook.com/mellorgroup 
Instagram: https://instagram.com/etiennemellor 
LinkedIn: https://www.linkedin.com/in/etienne-d-mellor-57866a15/ 
Youtube: https://www.youtube.com/channel/UCHTv2GEh6w4GgdUoTgMLoSA 
TikTok: https://www.tiktok.com/@etienne_mellor 
Twitter: https://twitter.com/mellor_group 
Etienne’s Podcast: https://open.spotify.com/show/2HY0qLLPHRiCW7BKwRZzGs?si=ec9a7749a8c94ec1&nd=1 

The Tenant Darwin Awards - When Tenants Do The Unthinkable 1/2

This week's episode is hosted by a slew of hilarious stories from landlords about their tenants. The things that happen in rental housing are sometimes hilarious. In this episode, we will share stories about the weirdest tenants ever and how to handle them. 

Have a story worthy of the Tenant Darwin Award? Tell us about your experiences so we can discuss them in future episodes.

Enjoy listening! 

What we learned from Axel and Terrie in this episode:

- The stories worthy of the Tenant Darwin Award shared by Axel and Terrie. 

- What can you do when your tenants do something illegal? Learn about the different options available to you when your tenants violate the agreement.

Quotes:

"Even if you think you want to give people a chance, dump, it will come back and bite .”

Timestamp:

00:00 - Intro

02:02 - Terry shares an unusual incident worthy of the Tenant Darwin Awards. (and what to do if you're a landlord and you experience this crazy thing).

07:16 - Axel recounts a strange incident deserving of the Tenant Darwin Award.

10:23 - Share with us your Tenant Darwin Award story too!

10:58 - Outro

Connect with Us:

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

Email: reic@clubimmobilier.ca 

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

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

Secrets Unwrapped: What You Should Know About Property Insurance with Jeremy Goodrich

Real estate investing is a great way to make money, and it can help you build your wealth. However, if you don't pay attention to your investments and make smart decisions, then this income stream could hurt you instead of helping you. 

As a real estate investor, the last thing you want to deal with is an unexpected event that causes you a loss. This is where property insurance comes into play.

Jeremy Goodrich, the founder of Shine Insurance Agency, a Commercial Real Estate Insurance Advisor, and a real expert in risk management and asset protection will share his expertise on how real estate investors and owners can minimize their risks by choosing the "RIGHT" property insurance.

Enjoy listening! 

What we learned from Jeremy Goodrich in this episode:

- What is risk in property insurance? We explore what risk really is and how we can prevent it to the greatest extent possible.

- The number one mistake real estate investors always make that you should avoid. 

- The Demand vs. Supply in the real estate insurance company: How and why policy prices increase, as well as what leads some insurance companies to leave.

- The most important factors that you should consider before getting property insurance. 

- Commercial real estate vs Residential real estate insurance: Why does commercial real estate have more risk?

About the Guests:

Jeremy Goodrich helps protect the most important assets you own. He is a fixer. For those folks ready to get protection right, he offers simplicity paired with peace of mind. Their program, the Shine Shield, protects some of the top real estate investors in the country. 

Quotes:

"Risk is everywhere, in everything we do.”

“Everything is a balance between risk and reward.”

“Understanding the risks that exist in your space is important.”

Timestamp:

00:00 - Intro

00:33 - “Risk thrives in information gaps.” – Jeremy will talk about what risk is in its truest sense and how we can effectively minimize it.

04:21 - Jeremy, as a highly skilled Commercial Real Estate Insurance Advisor, will share with us the three kinds of risks and the number one mistake real estate investors always make. 

07:38 - Jeremy will lend his expertise as he gives advice about the factors that we should consider before getting property insurance. 

11:41 - What is Liability Coverage? 

18:12 - Jeremy talks about the supply of insurance and the capacity of an insurance company. 

23:13 - Jeremy walks us through the risks in commercial real estate vs residential real estate insurance. 

25:51 - Taking the relationship based business to the next level to minimize the risk. 

27:45 - Jeremy shares his piece of advice to all multifamily investors. 

29:27 - Ways to connect with Jeremy Goodrich. 

Connect with Jeremy Goodrich here: 

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

Website: https://www.shineinsurance.com 

Connect with Us:

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

Email: reic@clubimmobilier.ca 

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

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

How to Start and grow a wholesaling business with David Dodge

David Dodge is a St. Louis Real Estate Investor with over 18 years of experience. He first started investing in Real Estate when he was in college, at the age of 20 while attending the University of Missouri-Columbia. David specializes in Wholesaling Real Estate as well as using The BRRRR Method to acquire Rental Properties with NONE of his own money! He also LOVES teaching others how easy it is to learn how they too can wholesale Real Estate for huge profits & how they can use OPM to buy rental properties! David and his team have wholesaled over 750 houses to date and his company “House Sold Easy” averages about 5-10 wholesales a month. David also loves to fix-and-flip properties as well as add properties to his rental portfolio. David has over 90 rentals currently (over 20K in Cashflow) and he has a goal to take his rental portfolio to over 200 properties in the next 24 months.

“The BRRRR Method is my Favorite Real Estate Strategy by Far! It has made me a Millionaire and has created over 20K a month in Passive Income”

 

CONNECT WITH DAVID 

Facebook facebook.com/DavidAlanDodgeSTL

Instagram instagram.com/DavidAlanDodge  

DavidAlanDodge.com

 

Connect with Us:

Facebook Page: facebook.com/restateinvestorsclub/

Email: reic@clubimmobilier.ca

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

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

How to better understand home ownership with Romana King

Romana King is the woman behind RKHomeowner. Over the years, Romana has followed her own North Star: Help make positive contributions to the ongoing money dialogue. Her aim is to help remove the shame and blame associated with money management. Her goal is to be part of the solution that helps make financial literacy accessible to everyone, everywhere, at any time.

To further her own understanding of personal finance, Romana obtained her real estate license in both Ontario and British Columbia and completed the prerequisites for becoming a financial planner.

 

Her almost 20-year career as a financial journalist includes various awards and nominations including the Silver Award for Business Service Article in the Canadian Online Publishing Awards in 2019 and a Gold Medal award in the 2014 CPA Finance Reporting Awards.

As a real estate expert, Romana appears on Breakfast Television, CityNews and Global News and in various radio interviews and podcasts.

Romana continues to write guest posts for various North American sites and promotes other personal finance experts through guest posts on this site.

You can find out more about her at https://www.romanaking.com/about/

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The Great Escape - What’s Up in the Short-Term Rental Market 2022

Thinking of buying a vacation property or a pied-a-terre in your favorite destination? Got your eye on a chalet or sun-destination? Perhaps you already own a unit in a city-center somewhere and you want to know if the Airbnb market to bounce back.

 

Frederic Aouad, Chief Revenue Office at Stay22 has the answers! His data-driven, concise overview gives insight into what he calls "The Great Escape" - how more people are now working away from their homes for months at a time. He shares ideas about how to cater to this clientele.

 

Fred also has some great tips on how to think through setting up a short-term rental in a rural area (that chalet or lake-front property you've had your eye on). 

 

You can find Fred at https://www.linkedin.com/in/fredericaouad/

 

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Follow us on IG at "monsaxel" and "terrieschauer"

How to get out of the rat race and start real estate investing at a distance with Billy Keels

As a high-wage earner, you have one piece of the puzzle: great income to support you and your family. But deep down inside you know earning that high salary comes at a cost: freedom. Specifically, the freedom over your time. The freedom to choose how to spend your time, with whom you spend your time, and more often than not, when and where you spend your time. 

Billy is just a regular guy from a middle-class family from Columbus, Ohio, who grew up knowing nothing about investing. When he started to become successful in my career, he had no idea how to invest my high salary. He was too embarrassed to ask because he felt like he “should’ve'' already known. He remembers hearing colleagues talking about being “accredited investors” and giving them fake nods like he knew who they were talking about.

From that point on he gave myself the challenge of learning everything he could about all things money and investing. His mission was to turn his high wages into financial freedom. 8 years later, he achieved it: he created a monthly passive income that met all of my expenses. He no longer had to work if he didn’t want to. Now, his mission is to guide you to your own freedom.

You can follow Billy on IG at "billykeels" and visit www.firstgencp.com

Please subscribe to the podcast, follow and share with a friend who could benefit from this conversation.

Follow us on IG at "monsaxel" and "terrieschauer"

How to give back to the community through Real Estate investing with Felecia Froe

Felecia Froe, MD is the owner of Money With Mission, an investment company focused on empowering professional women to build wealth and achieve financial freedom through social impact investing.

As a real estate syndicator, Felecia has partnered with like-minded investors and has raised money for several social impact projects, including a residential assisted living home in Kansas City, Missouri focusing on providing elderly residents experiencing memory problems with personalized care. With her partners at the Eco Alliance Group, she is providing healthy food to food desert areas with indoor vertical farms and grocery stores.

In addition to real estate investing, Dr. Froe is a licensed urological surgeon with over 20 years of experience. She has written many Best Selling books including How to Create Wealth that Outlives You. Plus, she is an advocate for sharing the great work others are doing for their community through her podcast Money With Mission Podcast.

 

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Terrie and Axel give an update on their projects!

In today'e episode Terrie and Axel give an update on the various project they are working on. From preparing to close a large multifamily for Terrie to Axel waiting for permits, the real estate investing journey is full of obsctales and we create value by overcoming them. Mindset is 80% of the success, the other 20% is technical knowledge.

 

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Follow us on IG: monsaxel and terrieschauer

Pulse on the current rental market in Montreal with Terrie and Axel

This week Terrie and Axel discuss the state of the current rental market in Montreal. Terrie having daily hands on experience with rental renewals and tenant application she has a good feel of that is happening in Montreal. Immigration and seasonality are important factors in what she has been going thru and pressure on rents and the state of the current market and what it means for landlords.

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Follow us on IG: terrieschauer and monsaxel