Where Should I Invest? Real Estate Investing in Canada Wealth Management Secrets for Diversifying Investments
10 snips
May 13, 2024 
Kyle Pearce, a former math teacher turned real estate investor and corporate wealth management consultant, shares his compelling journey from education to entrepreneurship. He discusses the importance of diversifying real estate portfolios in Canada and the U.S., and offers insights into navigating changing interest rates. Kyle emphasizes a 'lazy' buy-and-hold strategy that prioritizes cash flow, alongside creative financing techniques. Also, he highlights lessons learned from the market and the necessity of maintaining liquidity for future investments.
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First Purchase After A Reading Rabbit Hole
- Kyle Pearce started reading investing books while a teacher and bought his first US property in 2011 using a line of credit against his home.
- He spent over a year researching before purchasing and then waited to see if the strategy worked.
Prefer Lazy Buy-And-Hold With Margin
- Buy-and-hold with built-in margin of safety is Kyle's preferred strategy to avoid active hands-on work.
- Prioritize deals that offer immediate equity or upside rather than chasing rapid refinances.
Six-Pack Deal Sparked A Partnership
- Kyle found a six-unit off-market property in 2015 and partnered with a colleague to buy it after a hallway conversation.
- That random teacher-to-teacher chat launched a long-term partnership and portfolio growth.
