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The Andrew Hines Real Estate Investing Podcast
The Ultimate Expert Tips for Young Real Estate Investors with Jack Bernstein
Jul 7, 2024
Ex-software sales pro turned real estate coach Jack Bernstein shares his off-market property buying strategy, mentorship importance, and diversification tactics. They discuss challenges in Blue Mountain rentals, market softening, and opportunity scouting in the U.S. Sales skills, reliable partners, and long-term appreciation are key. Bernstein plans steady growth with active and passive income streams.
01:03:45
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Quick takeaways
- Emphasizing off-market deals and mentorship importance in real estate investing.
- Exploring opportunities outside Canada, like the U.S., for better scalability.
Deep dives
Shift in Market Dynamics and Rental Softening
One of the main points discussed in the podcast episode centered around the shift in market dynamics and the softening of rental prices in various key areas. Despite high rental demand, rents in locations like Hamilton, Brantford, St. Catharines, Barry have been decreasing. This change suggests that the ability to increase rents significantly has been limited due to income caps for tenants.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode