John Franklin (https://twitter.com/JohnIsBuilding) & Mateo Lopez talk with Andrea Savard (https://www.instagram.com/asavard_firepower/) – a Two-Brain Business mentor and the co-owner of Reebok CrossFit FirePower – where she shares the ups & downs, and twists & turns of using real estate as a financial lever.

How Andrea got started in real estate (1:18)

The economics of buying a large gym (6:20)

What Andrea wouldn't do when buying a gym (11:33)

Top- and bottom-line for the gym (16:59)

The beginning of Andrea's 7-year nightmare (18:02)

How much goes into finding a sufficient property to buy (23:43)

What happens when a deal falls through (25:53)

Finding money again for a new building (30:46)

I bought a space right when the pandemic hit. Now what? (34:11)

What if we bought a farm and moved our gym to a rural setting? (42:46)

Selling yet again. The gym still needs a home… (46:19)

Real estate strategies from a real estate veteran (50:19)

Advice for gym owners wanting to get into real estate (56:13)

The importance of starting small (59:05)

The one thing gym owners should never do (1:02:17)