The Andrew Hines Real Estate Investing Podcast

In E037, Shawn Rea gave an update of what he's been up to since he appeared in episode E020. In only about 4 months time Shawn has made multiple more moves and adjusted his strategy to include even more BRRRRs, including the kind where he pulls ALL of his money back out to be in for ZERO and still keep the property. His current strategy is now including an AirBnB component in which he is acquiring duplexes and renting out one side normally and the other side as short term rentals right off of the beach. I really do think this is a 'best of both worlds' strategy with excellent contingency options in case he's not able to make as much moeny as he'd like with his first venture into airBnB. Shawn's got great energy, a great attitude and a clearly limitless potential as a real estate investor and teacher. As was the case before, he remains a person to watch! iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Shawn Rea https://www.instagram.com/shawnrea https://www.facebook.com/shawn.rea http://www.reaig.com Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics in today's episode: * AirBnB in the Niagara region* Buying on market deals for the "perfect" buy renovate, rent, refinance, repeat project (BRRRR)* Managing tradespeople and timelines* dealing with challenging tenants and how to approach tenants with a 'win-win' proposal to solve challenges* personal growth and vision* processes and daily practices for success Andrew’s Gear https://www.andrew-hines.com/andrewsgear Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E036, Alfonso Salemi and I had a very candid talk about the pros and cons of rent to own investing and how it can be done to minimize risk. While there's no risk-free investments, Alfonso makes a compelling argument for why Rent-to-Own real estate investing is a compelling option. It's a true win-win-win the way that Alfonso proposes it because he is always looking out for this tenant buyers, his investors and of course, his own companies profits too. For those new to rent to own, this is where you find a person with 'bruised' credit that has good income and is looking to buy a home. These people won't qualify for a bank loan just yet but with a bit of time and an appropriate 'credit rehab program', they could get there. We get into the nuts and bolts and this episode and I'm sure you're going to enjoy it! iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Alfonso Salemi http://www.jaggproperties.com email: alfonso@jaagproperties.com RTO Form: https://www.andrew-hines.com/wp-content/uploads/2019/10/JAAG-RTO-Sheet-min.jpg Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Items Covered: * What is rent to own invested and what does Alfonso think about the correct approach for getting started* How to get 30%+ returns passively on this type of investments* Mass scale portfolio management* How to pick tenants that will actually take care of your unit* much, much more.. Andrew’s Gear https://www.andrew-hines.com/andrewsgear Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E035, Sarah Larbi discusses how she became a BRRRR real estate investing expert and built her personal brand. Sarah works full time, co-runs a meet-up group called The REITE Club, co-hosts the REITE Club Podcast, hosts the Where Should I Invest Podcast and gets up at 4AM to help get it all done inside her typical day. Sarah is a machine and she outlines one of the deals she's recently done in which she bought a property, renovated it and refinanced it and was able to pull out $39,000 on top of everything she'd put into the property. This is what I like to call "the Perfect BRRRR" and all I mean by that is that any time I can pull money out of a property beyond what I have into it, that property is actually helping me to buy more! iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Sarah Larbiinstagram: https://www.instagram.com/investorsarahlarbiemail: sarah@sarahlarbi.comwebsite: http://www.thereiteclub.com Connect with Andrew Hines oninstagram: https://www.instagram.com/theandrewhinesfacebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Some Specific Discussions from this podcast: * Property management and renting* finding on market deals and securing them quickly* the PERFECT BRRRR investment* why a 1 month rental agreement my be advantageous in Ontario* being effective and getting results Andrew’s Gear https://www.andrew-hines.com/andrewsgear Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E034, Mark Baltazar speaks of his experience going from a person that has flipped 20 properties between 2015 and 2018 to a person who is savvy enough to acquire multifamily real estate at an aggressive and impressive number. To date Mark has purchased 3 multifamily buildings and has plan of doing many more. He's constantly evaluating deals and crunching the numbers to make sure that he's ready to take action and make an offer the second a quality real estate opportunity come around. Mark discusses his criteria for selecting an opportunity, the average price point and cap rates he's getting and the going market rent for the properties he's acquiring and much much more! iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Mark Baltazar instagram: https://www.instagram.com/mark_baltazar email: mark@peakpropertyinvestments.ca Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics Covered in Episode 034: * Cap rates and how they're calculated* Joint-venture partnership structures for flipping and acquiring large real estate* tenant turn-over process on multifamily properties* how to flip, finance and structure a multi family investment* financial freedom and Mark's approach to creating it while he continues to work a full time job. Andrew's Gear https://www.andrew-hines.com/andrewsgear Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E033, Michal Wach digs into his current duplex conversion in which he's projecting to make 48% return on investment. He also discusses his 10 year journey in real estate investment that just wasn't moving as quickly as he wanted to. Michal explained to me that when he got himself a real estate investor realtor that showed him systems and a relevant, current approach that was working, his progress started to accelerate greatly. Michal attributes his ability to move much quicker in investing and to an extreme focus on networking and listening to podcasts. Through doing so he realized that there were creative strategies that he could implement to refinance and pull money out of each of his rental properties so that he could buy more. He's now begun to implement the BRRRR strategy of real estate investing (buy, renovate, rent, refinance, repeat) and has immediately seen the effect it can have on his progress. iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Michal Wach instagram: https://www.instagram.com/wachproperties facebook: https://www.facebook.com/mike.wa.5 Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics Discussed on the episode * building a real estate investing team included realtors, contractors and managers* creative investing strategies to optimize returns and accelerate progress* how to pick the right contractors* what to look for in an ideal duplex conversion project* municipalities, blueprints and the permit process* comparing real estate returns to GICs, RRSPs and the like Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E032, Emma Pace, a prominent Toronto Realtor with expertise in selling and investing in condos, discusses the current market conditions, the changing tides with pre construction and resale units, how to find cash flow opportunities and under-market value units even on listed properties. Emma is a high-performer and wasted no time establishing herself as a top player realtor in the downtown Toronto scene. Beyond this she has also been on an aggressive cash flow building investing plan which has allowed her to acquire 4 properties in a very short period of time. Emma is experienced in airbnb, multifamily and knows her stuff. This was a great interview! iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Emma Pace instagram: https://www.instagram.com/paceofbase Email: emma.pace@zoocasa.com Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E031 Jon Schoeller gives an update on what he's been up to since E014 back in April. Jon talks shop in this episode by breaking out the numbers on one of his recent deals where he and his wife earned 18,000 on their passive investment in his investment company in only 3.5 months. On the active side, Jon runs the company with his two partners as a full time job and is constantly putting winning deals together. Between flipping over 100 properties, running a gym (that he owns), posting in social media, doing business consulting and fostering dogs, Jon has shown just what having systems and processes in place can do to help people achieve exceptional business results. As always, I enjoyed the episode with Jon and am looking forward to seeing his business grow! iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Jon on instagram: https://www.instagram.com/jonschoeller or https://www.instagram.com/aminvestmentswv Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics Covered: * Finding great deals and what to watch out for* How to keep your private lenders happy* How to undersell and over-deliver in the flipping game* managing contractors* personal finance* personal habits for success Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E030, Savio Almeida discusses his extremely unique investing system. Simply put, he lives in Windsor and commutes to Detroit MI to flip properties. For most Canadians this will probably sounds like a lot of work but Sav makes it look easy. He's on track to complete his 13th flip this year which will represent approximately 17 transactions completed in his first two years as a real estate investor. Focusing on the Bagley district of Detriot MI, Sav seems to have found his niche. iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Connect with Sav Almeida on instagram: https://www.instagram.com/realestateinvestorsav facebook: https://www.facebook.com/realestateinvestorsav Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics of Discussion * Coaches and Mentors that helped Sav get started* How to reduce your overall risk exposure by investing in Detroit* the challenges of cross-border business for a Canadian investing in the US* How to "not stand out" when passing through the Detroit core* The sub markets that Sav likes to flip in (including the Bagley district)* BRRRRing in Windsor Ontario* Joint Venture Partnerships* Why networking events are the best way to learn Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E029, Jeff Woods discusses his rags to riches story of how he started investing at the age of 23, skinned his knee a few times, got a coach, and then learned how to grow his portfolio from 0 to 100 between 2007 and 2013. I personally love how Jeff focuses on mindset and how that had allowed him to grow. Jeff specially talks about how his family taught him what NOT to do and that he had to learn the strategies all on his own. Jeff flips, coaches, BRRRRs (buy, reno, rent, refinance, repeat AKA buy, fix, rent, refinance), develops and is an author. I can personally say that I know many of Jeffs students and that they have nothing but good things to say. He was a very interesting guy to interview and he reminded me of some of the different things I need to continue to focus on in order to continue my growth as a real estate investor. iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Jeffery Woods through his website https://www.jefferywoods.com Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics of Discussion: * Jeff's story of how he bought his first to properties and ran into a road block with structural and tenant problems* Jeffs mindset and path to 250 residential units* Property management and utilizing a good team to scale and maximize profit for time spent* Jeff's book, the Ultimate Wealth Strategy* Buying and keeping and flipping properties* the current market, finding deals and what's next for Jeff Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E028, Jon Kepler walks through his real estate journey which began in the small southern Ontario town of Owen Sound. With a relatively sparsely populated area to call his investment home, Jon handles the trial and tribulations along with the benefits. Jon has called himself a high cash-flow and high cap rate investor and he told a story of how he created his financial at the age of 25, nearly 10 years ago as of the recording date of this podcast. In the example given on the podcast, Jon talks about how he was able to use creative financing, specifically a vendor take-back mortgage, to achieve at 92% Return-On-Investment in his first year and enough cash-flow to officially make him financially independent (albeit on a lean budget). Jon still believes in Owen Sound despite moving to St. Thomas Ontario, right near Andrew's primary investment hub in London. He has particularly focused on investing a multiple units including multifamily and mixed use and expects to continue to do so. His current portfolio totals 66 doors and he generally targets at least $1000/month cash flow on all new acquisitions at this point in his real estate investing career. iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines Connect with Jon Kepler on Instagram https://www.instagram.com/jonkepler Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i Specific Topics of Discussion * How to get started in real estate investing* how to structure and negotiate a vendor take-back mortgage* high cash flow properties* multifamily and mixed use property* financing options on multifamily properties* books that have influenced Jon and Andrew* property management* cap rates and market changes* financial independence Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free