The Real Estate Investor’s Club brings you a podcast about all things Real Estate. We believe that knowledge is power, and that you can leverage intellectual capital for financial success.
Episodes
Wednesday Oct 26, 2022
Wednesday Oct 26, 2022
As a real estate investor, you may have different goals depending on your chosen path. Some investors choose to work solo, while others choose to build a team. Either way, there are pros and cons associated with each path.
In this episode, we have Mederic Pomerleau, a real estate investor and a partner of Solution Succès Groupe Immobillier, talk to us about the importance of building a team as a real estate investor along with the secret formula for building one, how to take advantage of the submarkets, and the different highly effective exit strategies.
Enjoy listening!
What we learned from Mederic Pomerleau in this episode:
- How to create a business model that can take advantage of the sub-markets.
- The strategies for real estate investors to survive economic downturns.
- How to overcome carrying costs using the current programs.
- Highly effective exit strategies.
- The secret sauce to building a highly collaborative team.
Success Quotes:
"What we realized analyzing rental markets also plus value markets is that a secondary market is much less effective from a recession in terms of cap rate.” -Mederic Pomerleau
“Vendors are becoming more creative. So, it's your responsibility as a buyer to also become more creative.” -Mederic Pomerleau
“Try to look at areas that you've never looked at because there are some areas that are very interesting and still have enormous amounts of potential.” -Mederic Pomerleau
“Your values need to be aligned with your partner's values” -Mederic Pomerleau
Timestamp:
00:00 - Intro
01:00 - Mederic talks about his journey to becoming a real estate investor.
08:52 - Mederic explains why he chose to be an investor instead of a broker.
11:41 - Mederic explains why he decided to build a team instead of working alone as an investor.
16:11 - Mederic hates Montreal? Let's hear his reasoning as he shares the business model for his company.
21:56 - Mederic shares some timely advice for real estate investors who want to continue to stay active in these difficult economic times.
24:11 - Mederic explains how you can stay afloat despite the enormous carrying costs.
27:56 - Mederic reveals his secret sauce when it comes to collaborating effectively.
31:31 - Ways to connect with Mederic Pomerleau.
31:46 - Outro
Connect with Mederic Pomerleau here:
LinkedIn: https://www.linkedin.com/in/mederic-pomerleau-267b69167/
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/
Ready to generate income without spending most of your waking hours trapped in the hamster wheel?
You can grab Terrie’s book “Mindful Landlord” at https://mindfullandlord.com/
Wednesday Oct 19, 2022
Wednesday Oct 19, 2022
In real estate investing, lack of financial literacy is deadly. Investors who don’t have a fundamental understanding of basic financial concepts like risk tolerance and return expectations are destined to make costly mistakes... or worse, to go bankrupt!
But it's not all doom and gloom — financial literacy is something that can be learned.
In this episode, our guest Jonathan DeYoe, financial advisor and best-selling author of “Mindful Money”, tells us what mindfulness is all about and how to develop a better relationship with money and your investments.
Enjoy listening!
What we learned from Jonathan DeYoe in this episode:
- Mindful Money: bridging the gap between investing and mindfulness.
- The benefits of a diverse portfolio.
- Why are we not taught how to manage our finances in school?
- How to resist the temptation of handsome short-term returns.
- The importance of getting financial education and maximizing free resources.
Success Quotes:
"You have to be mindful of aligning your financial life with the rest of your life.” -Jonathan DeYoe
“In real estate, you see less panic than you do on stock market.” -Jonathan DeYoe
Timestamp:
00:00 - Intro
01:22 - Jonathan shares his back story and his journey of starting his own company.
04:21 - Jonathan talks about the link between investing and mindfulness.
09:12 - In light of the plummeting real estate market in Canada, what to do now?
12:41 - How speculation can affect your investment journey in major ways.
17:40 - As investors, why do we fall prey to the lure of handsome short-term returns?
24:45 - Jonathan shares the tips and tricks on how to master mindfulness — to be able to hack your mind and do the right thing in difficult situations.
28:30 - Jonathan shares his last piece of advice.
31:33 - Ways to connect with Jonathan.
32:23 - Outro
Connect with Jonathan DeYoe here:
Website: https://mindful.money/
LinkedIn: https://www.linkedin.com/in/jonathandeyoe/
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/
Ready to generate income without spending most of your waking hours trapped in the hamster wheel?
You can grab Terrie’s book “Mindful Landlord” at https://mindfullandlord.com/
Wednesday Oct 12, 2022
Wednesday Oct 12, 2022
Are you aware that RV parks are among the highest-yielding types of real estate?
With the pandemic coming to an end, people are eager to get away from their homes. In fact, the U.S. RV Camping industry is projected to grow to $12.7 Billion by the end of 2027 and the market size of the campground & RV park sector in Canada was forecast to reach 2.34 billion.
Considering this opportunity appears highly profitable, what are you going to do to take advantage of it?
Don’t miss this episode as our guest, Don Spafford, Partner/Integrator/Investor Relations Specialist at Happy Camper Capital, talks to us about the high-return world of commercial real estate investing in fun and exciting vacation properties.
He also tells us about his business super-power: truth and honesty.
What we learned from Don Spafford in this episode:
- How to begin investing in real estate despite financial limitations.
- How to make your real estate investing profitable.
- What exactly is RV Campground and why is it a high return investment?
- How honesty and integrity works like magic in real estate investing.
Success Quotes:
"People, for the most part, don't care about the deals as much as they care about the person that they're investing with.”
Timestamp:
00:00 - Intro
00:47 - Don talks about his real estate investing journey.
04:19 - Don shares his experience that made him decide to plunge into the unknown.
07:33 - Despite the overwhelming expenses and debts, Don shares how he was still able to get into real estate investing.
10:40 - How low down payments and networking can get you started in real estate (... let’s hear how Don discovered the RV Campgrounds!)
20:34 - What’s so special about RV Campgrounds?
27:02 - Don shares how honesty and integrity works like magic in real estate investing.
33:29 - Ways to connect with Don Spafford.
34:08 - Outro
Connect with Don Spafford here:
Website: https://happycampercapital.com/
LinkedIn: https://www.linkedin.com/in/don-spafford-5887867/
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/
Ready to generate income without spending most of your waking hours trapped in the hamster wheel?
You can grab Terrie’s book “Mindful Landlord” at https://mindfullandlord.com/
Wednesday Oct 05, 2022
Wednesday Oct 05, 2022
It’s hard to overstate the importance of choosing the right property manager. When you’re not around, they will literally make your investment flourish or fail!
While your property manager can be your best friend in the lead-up to signing a contract, it’s what happens once they have the keys that really matters. A poorly chosen property manager can quickly turn into an endless nightmare.
In this episode, Terrie provides a Five-Point Strategy for selecting and managing a property manager.
It's a treat you don't want to miss!
What we learned from Terrie Schauer in this episode:
- Managing the manager: When should you keep or fire a property manager?
- The five point strategy for managing the property manager.
- The importance of understanding how property managers are being paid.
Success Quotes:
"People get paid a certain way and if you understand the financial rewards in a particular industry, you're going to understand where your incentives and the professionals' incentives might not be perfectly aligned.”
Timestamp:
00:00 - Intro
00:27 - Terrie shares the experience of firing a property manager.
02:22 - The first point in managing a property manager.
06:16 - The second point in managing a property manager.
07:22 - The third point in managing a property manager.
08:26 - The fourth point in managing a property manager.
08:39 - The fifth point in managing a property manager.
11:17 - Outro
Connect with Terrie Schauer here:
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/
Wednesday Sep 28, 2022
Wednesday Sep 28, 2022
In Canada, we’re now experiencing a big hurdle for real estate investors — inflation.
The result: a huge hit for new investors as Canada’s average home price remains 4% lower year-over-year.
Rising mortgage rates spell a liquidity crisis. As selling and refinancing become more difficult, we’re witnessing access to capital dry up. What can we do to thrive in this environment?
Listen to this episode as one of our favorite guests, Nick Slobodniuk, Senior Real Estate Broker at PMML (Patrice Ménard Multi-Logements) returns to the show. With his extensive-knowledge in the real estate industry, he will share with us the art of deal making in today’s market.
Don’t miss this!
What we learned from Nick Slobodniuk in this episode:
- What’s with the current Quebec and Montreal real estate market?
- How to find funding for your project despite the decrease in capital access.
- What’s the good deal right now? (... a look at Nick’s expertise on how to find a good deal!)
- How to persuade more people to fund your project.
- The best ways to protect your assets from rising interest rates.
- How to sell your property in today’s market.
Success Quotes:
"Right now you have to touch more and more people and be more prepared.”
“When you analyze real estate, you have to bring everything to the same denominator. So then opportunities are gonna stand out, because it's gonna be easy and less ambiguous.”
Timestamp:
00:00 - Intro
01:37 - Nick shares with us a little of his real estate journey.
03:11- What’s it like being an associate at PMML?
04:47 - Nick provides his insights into the current Quebec and Montreal real estate market.
08:57 - When access to capital has decreased, what’s the best move if you want to buy in today’s market?
10:27 - What’s the good deal right now?
16:07 - Nick offers advice on what investors can do when assets are stuck and in need of more financing for new projects. (... Nick will also share his best practices on how to find a good deal!)
22:10 - As a real estate investor, how can you best protect your assets from rising interest rates?
25:14 - Nick offers advice to someone needing to sell an asset.
28:31 - Is there something that our industry should be talking about today that's not on our radar?
30:34 - Ways to connect with Nick Slobodniuk.
30:56 - Outro
Connect with Nick Slobodniuk here:
Website: clubhouse.com/@nickpmml
LinkedIn: https://www.linkedin.com/in/nickslobodinuk
Email: nick@pmml.ca
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/
Wednesday Sep 21, 2022
Wednesday Sep 21, 2022
There’s no doubt about it: the Canadian Real Estate market correction has begun. For the last two years, we’ve struggled to find profitable properties in the most intense seller’s market in recent history. Now, as the cycle inverts itself, buyers shall be king for a time. But the challenges are likely to be different. To close deals in the upcoming season, investors will face difficulties accessing capital (for down-payments) and financing (as banks raise interest rates and lending becomes tighter).
When such setbacks occur, how can we continue to do business?
In this episode, Derek Dombeck, founder of Best REI Funding LLC and co-founder REI Circle Of Trust Mastermind, talks to us about how he weathered the 2008 crisis in the United States, growing his portfolio even in a downturn.
For Derek, access to capital and mental planning are key. Find out how he emerged from a downturn in a better position than he started!
Enjoy listening!
What we learned from Derek Dombeck in this episode:
- Financial crisis of 2007–2008: Is it a blessing or a disaster? (... a look at how Derek turned the crisis as an opportunity.)
- The RIGHT mindset you should have as a real estate investor.
- How to cope with adversity as a real estate investor.
- People business — why a real estate investor should focus on talking with people.
- The power of networking. (... and why it’s a must in the real estate investing industry.)
Success Quotes:
"I think almost everybody's biggest mistake is, we all want to go out and do deals, we all want to make big money but most of us don't take the time to learn how to talk to people.”
“We are real estate problem solvers. If we solve enough of people's real estate problems, we'll make a nice profit and we'll be able to support our families.”
Timestamp:
00:00 - Intro
01:35 - Derek shares his life story, which includes how he started investing in real estate.
12:14 - What actually occurred within the US real estate industry during the 2007-2008 market crash?
16:36 - Derek describes how he made the 2007-2008 market crash into an opportunity.
18:53 - Derek provides some good advice on how to maintain a positive mindset when facing challenges as a real estate investor.
21:29 - Derek talks about the importance of networking, his real estate mastermind groups, and the two books he is currently writing.
28:27 - Derek’s advice to all real estate investors.
31:39 - Terrie talks about current real estate trends in Canada.
33:42 - Ways to connect with Derek Dombeck.
Connect with Derek Dombeck here:
Website: https://gowvoyage.com/
LinkedIn: https://www.linkedin.com/in/derek-dombeck-0246b323/
Email: derek@bestreifunding.com
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/
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Terrie Schauer’s book, Mindful Landlord: How to Run Rental Property for Profit and Peace of Mind, is out!
You can grab your copy using this link: https://www.amazon.com/gp/product/B09R2FQ4WY/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0
Wednesday Sep 14, 2022
Wednesday Sep 14, 2022
Our guest this week, Rob Beardsley, says "If you have your sights set on doing something entrepreneurial, you might as well just dive in and make the mistakes now, rather than make the mistakes later.”
Do you want to learn what Multifamily underwriting is all about?
Join us in this episode as Rob shares his best practices — from mindset to strategies that will help you become a successful investor. In addition, he will share with us his book “The Definitive Guide to Underwriting Multifamily Acquisitions'' so we can comprehensively understand what MULTI-FAMILY UNDERWRITING is.
We invite you to take advantage of this exciting episode!
What we learned from Rob Beardsley in this episode:
- How to become a real estate investor at the age of 20?
- A Serendipitous Encounter — A look at how Rob was able to meet his business partner through consistently showing up.
- The Definitive Guide to Underwriting Multifamily Acquisitions: A book that will help you develop the skills to confidently analyze and invest in multifamily real estate.
- The TWO big things that your mindset should have to become a successful real estate investor.
- The importance of a mentor/coach when it comes to real estate investing.
Success Quotes:
"If you have your sights set on doing something entrepreneurial, you might as well just dive in and make the mistakes now, rather than make the mistakes later.”
“Think bigger because whatever you're doing is probably too small.”
Timestamp:
00:00 - Intro
01:17 - Rob tells us about his profession, including what he does, and how he got into real estate investing.
03:20 - Rob shares his inspiring story of entering the real estate world at the age of 20.
05:52 - Rob talks about the contents of his book “The Definitive Guide to Underwriting Multifamily Acquisition”.
10:28 - What do you think is the perfect deal and the perfect investor? Let’s hear what Rob has to say.
13:06 - Are conditions in the Texas real estate market favorable for investment?
15:04 - The COVID effect — How does it affect Lone Star Capital?
16:36 - In these times of uncertainties, is it still good to invest in real estate?
20:21 - Rob shares with us his insights into how one can become a real estate investor at a very young age.
23:36 - What was it like to write a book?
24:28 - Ways to reach out to Rob Beardsley.
24:51 - Outro
Connect with Rob Beardsley here:
Website: https://lscre.com/about
LinkedIn: https://www.linkedin.com/in/rob-beardsley/
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/
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Terrie Schauer’s book, Mindful Landlord: How to Run Rental Property for Profit and Peace of Mind, is out!
You can grab your copy using this link: https://www.amazon.com/gp/product/B09R2FQ4WY/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0
Wednesday Sep 07, 2022
Wednesday Sep 07, 2022
What if your boss tells you today is your last day at work? Do you have a backup plan? Will you be able to handle the finances? Things can go sideways fast when you lose your JOB!
This is what happened to Dustin Heiner, our guest on this week’s show. He realized the importance of real estate investing when he lost his day job. Since then, Dustin has been on a mission to help everyone quit their job and NEVER have one again.
Want to know how he did it?
Join us in the episode as he shows us the ultimate guide on how to invest in real estate as a beginner.
Don't miss out on this exciting opportunity!
What we learned from Dustin Heiner in this episode:
- From IT to Real Estate Investing — a look at how Dustin became his own boss!
- Why is Property Manager your number one asset?
- What gurus get wrong about real estate investing. (... a look at Dustin’s definitive guide on how you should manage your investment.)
- How to invest in the US? (... let's find out the different methods that will give you the direction you need to create passive income.)
- How to use Zillow to find properties.
- Different ways to get your financing. (... mortgage, cash, commercial loan, other people’s money and many more!)
Success Quotes:
"It is more risky to put your family's livelihood, being able to feed them, in somebody else's hands.” -Dustin Heiner
“The property managers are by far your number one asset in your business.” -Dustin Heiner
Timestamp:
00:00 - Intro
01:18 - From IT to real estate — Dustin shares his professional journey.
10:38 - Dustin provides great advice on how you can avoid his mistake.
12:39 - How to find deals and financing? Dustin shares his secrets on how to scale your real estate investment.
17:05 - Dustin shares his tips and tricks to anyone who is interested in investing in real estate in the US.
24:09 - Why are property managers by far your number one asset in your business?
25:54 - What is the second most important asset?
28:54 - Ways to connect with Dustin Heiner.
Connect with Dustin Heiner here:
Website: https://www.masterpassiveincome.com/
Instagram: https://masterpassiveincome.com/instagram
Facebook: https://masterpassiveincome.com/facebook
Linked In: https://masterpassiveincome.com/linkedin
Twitter: https://masterpassiveincome.com/twitter
Youtube: https://masterpassiveincome.com/youtube
Spotify: https://masterpassiveincome.com/spotify
Want to get a free course from Dustin?
You can visit https://www.masterpassiveincome.com/freecourse
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/
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Terrie Schauer’s book, Mindful Landlord: How to Run Rental Property for Profit and Peace of Mind, is out! You can grab your copy using this link: https://www.amazon.com/gp/product/B09R2FQ4WY/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0
Wednesday Aug 31, 2022
Wednesday Aug 31, 2022
“There are going to be tremendous opportunities to buy properties at bargain basement prices soon, but you must educate and learn the fundamentals of how to do it.” -Sam Liebman
Being a beginner is hard, especially in real estate investing. You can buy properties at discount prices, rent or sell for a higher price, but this isn’t what happens for everyone.
Know why?
It’s simple. Most people don't know how to manage their properties and don’t spend time learning the fundamentals of real estate investing. In fact, according to BiggerPockets, over 95% of real estate investors fail within the first five years.
This doesn’t have to be your story. This week, Sam Liebman, a master of fundamentals and author of the book “Harvard Can't Teach What You Learn From the Streets”, talks to us about mastering the fundamentals of real estate systematically. Want to learn the secret of uncovering opportunities overlooked by others? Or how to crack the magic formula of real estate investing?
Don’t miss this!
What we learned from Sam Liebman in this episode:
- The contents of Sam Liebman’s book “Harvard Can't Teach What You Learn From the Streets”.
- The systematic approach to mastering the core fundamentals of real estate.
- Is today the best time to start in real estate investing? (... let’s hear it from one of the experts of this industry.)
- The E = mc² of real estate investing: How to effectively increase the property value.
- How to identify the Temporary changes vs Permanent cost. (... and how to use it to leverage your property value.)
- What’s with the office space armageddon?
Success Quotes:
"Master the fundamentals and keep building on him.” -Sam Liebman
“There are going to be tremendous opportunities to buy properties at bargain basement prices soon, but you must educate and learn the fundamentals of how to do it.” -Sam Liebman
Timestamp:
00:00 - Intro
00:43 - Sam talks a little about his life and real estate investing journey.
03:21 - Sam shares the concept of his book “Harvard Can't Teach What You Learn From the Streets” and what inspired him to write it.
07:32 - What made his book unique?
09:13 - Sam shares his expertise and talks about the fundamentals of real estate investing.
10:54 - Is today the best time to start in real estate investing?
16:37 - How to apply the magic formula in real estate investing?
19:50 - Sam shares his pandemic horror story.
23:17 - Sam gives a piece of advice to those who want to explore real estate investing outside their country.
27:22 - Sam talks about the office space armageddon.
32:17 - Ways to connect with Sam Liebman.
32:52 - Outro
Connect with Sam Liebman here:
Website: https://samliebman.com/
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/
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Terrie Schauer’s book, Mindful Landlord: How to Run Rental Property for Profit and Peace of Mind, is out!
You can grab your copy using this link: https://www.amazon.com/gp/product/B09R2FQ4WY/ref=dbs_a_def_rwt_hsch_vapi_tkin_p1_i0
Wednesday Aug 24, 2022
Wednesday Aug 24, 2022
Property investment can be a rocky ride full of unexpected twists, turns, and bumps. With the current economic climate, where do you start to take your first step? Jason Kogok has some really great, down-to-earth advice for the neophyte.
This episode will take you through how to create a profitable property investment portfolio, giving you the knowledge to begin your success story today.
Author of the book "Plug the Holes, Fill the Barrel: A Beginners Guide to Building Wealth with Real Estate", Jason Kogok talks about the fundamental aspect of buying, renting, and managing all types of properties, so you can feel confident and informed.
Enjoy listening!
What we learned from Jason Kogok in this episode:
- Plug the Holes, Fill the Barrel — a manual for anyone ready to dip their toes into real estate investing!
- How to effectively overcome your hurdles as a beginner real estate investor.
- The key financial decisions you’ll want to have clarity about, and the longer-term management techniques that will protect your money.
- The top two lessons Jason learned from the 2008 market crash.
- Investing 101: Key strategies to consider when investing in real estate.
Success Quotes:
"It's okay to clean up your balance sheet every once in a while.” -Jason Kogok
“There are different investment vehicles, and they don't run the same.” -Jason Kogok
“We need to understand how our finances work before we become investors.” -Jason Kogok
Timestamp:
00:00 - Intro
00:55 - Jason discusses his real estate investor’s journey and how he was inspired to write his book “Plug the Holes, Fill the Barrel”.
04:47 - Jason talks about how he developed a profitable real estate investing strategy.
07:33 - Jason recalls the 2008 global financial crisis and its effects on his investing journey.
09:05 - Jason shares the two things he learned from the 2008 market crash.
12:06 - Jason shares his views on the best ways to approach real estate investment.
14:39 - Jason talks about one of the topics from his book: The common mistakes that newbie real estate investors make and how to overcome them.
21:42 - Jason reveals the unspoken psychology about investing.
25:15 - Jason talks about his book “Plug the Holes, Fill the Barrel”.
27:06 - Ways to connect with Jason Kogok
27:30 - Outro
About the Guest:
Jason Kogok is the owner of Your LuxuryMovers Real Estate and Investors Wealth Education, LLC, and the author of the book Plug the Holes, Fill the Barrel: A Beginners Guide to Building Wealth with Real Estate.
Connect with Jason Kogok here:
LinkedIn: https://www.linkedin.com/in/jason-kogok-3ab3683/
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/