The big thing I would say is like start thinking smart, stop thinking that the economy is just going to grow infinitely because we are really entering a very, very weird time for the global financial system. Big thing is just like being liquid, deleveraging, trying to... It's all just regular personal finance stuff, I think but it's really easy to think you're a rocket surgeon in a 20-year bull run. And so if you pick the right real estate asset, if you have the right investment thesis and really, really formulate that, I can't tell you what it is. Mine might be just outperformed the average, and that might be okay for me. But somebody
Patrick Donley sits down with Nick Hill and Dan Foch from The Canadian Real Estate Investor podcast to discuss how they got their start in real estate, how their partnership developed, what’s happening in the Canadian real estate markets, what they see unfolding in the coming years and how to profit, and why it’s important to understand where we are in the debt and market cycles.
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:27 - How both Nick and Dan got their start in real estate.
06:05 - Why their podcast is more data driven.
12:50 - What information we need to be gathering as investors.
14:48 - How their partnership developed.
14:48 - What their current portfolio strategy looks like.
28:30 - Who their real estate heroes are.
29:57 - What trends do they see unfolding in the coming years and how to take advantage of them?
30:02 - What’s unfolding in the Canadian real estate markets.
34:13 - Why it’s important to understand where we are in The Fourth Turning.
36:56 - How the current macro environment is affecting their strategies.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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