The Andrew Hines Real Estate Investing Podcast

In E019, Jas Takhar shares his approach to buying pre construction condos in a world-class city. Jas is based out of Toronto, where he invests, and is also a top-performing realtor and co-manages a team of realtors that are among the top performers in the country. When it comes to real estate, Jas knows his stuff and this was a very interesting discussion. iTunes, Google, Spotify Listen Links: https://linktr.ee/theandrewhines Jas Takhar https://reccanada.com/ https://www.youtube.com/recexperience Andrew Hineson Instagram: https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines Specific discussion points from this episode are as follows: * how to find a pre construction deal that has the best chances of being profitable* what areas to buy in and what to look for to know if your area is good (ie. is there major transit such as subways, street cars, and major highways?)* what kind of instant equity is has been common in Toronto pre construction deals in recent history* how to get first access to pre construction condos before they hit major advertisements* how to find a competent realtor to work with to find the best deals* risks and concerns associated with this type of value speculation and how to approach this type of investment for success* how this type of investment fits into an investors portfolio Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E018, Brock Rogerson discusses his cash-flow-centric approach to real estate investing in markets that show weak growth, high vacancy and many other potential “alarm bells” that would scare off the average real estate investor. Brock has been investing in real estate since 2008 and has maintained a torrid pace of adding units to his portfolio. No matter how you slice it, Brock knows his stuff. He’s diligent, systematic and determined and he’s absolutely crushing it when it comes to buying single family and multifamily properties in Saint John, New Bruswick, Winnipeg Manitoba, and several other Canadian and American locations. Key Contacts: Andrew Hines: on Instagram: https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines Some Specific Topics Covered on this podcast are as follows: * Why Saint John New Brunswick for buying real estate and what type of cash flow can be expected* What are the signs of a good market to invest in when it comes to optimizing cash flow* How to manage an extremely large real estate portfolio from a distance (Brock currently lives on the opposite side of the continent from the majority of his properties)* What’s a good vacancy rate with potential for improvement* Why a low vacancy rate can actually be a bad thing* Why it might be a good idea to avoid putting value on future potential in your investment markets (the numbers should make sense ‘as-is’.* How to BRRRR in these low purchase price, high cash flow markets Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E017, Koukun Unosawa and I have a candid discussion about student rental investing and starting at a young age. As investors, Koukun and I share an appreciation for student rentals and the cash flow they can create. Koukun gives a case study in this episode of how he's been able to achieve over $2000/month positive cash flow on one of his student rentals and he has others just like it. Koukun discusses issues surrouding management, tenant turnover and how to optimize your student rental to make it more appealing to potential tenants. You won't want to miss this episode! iTunes and Android Listen Links: https://linktr.ee/theandrewhines Hamilton REI Meetup Link: http://tiny.cc/j1dk5y OREC Event Link (April 2019): http://tiny.cc/orec-tahreip Key Contacts Koukun Unosawa: on Instagram https://www.instagram.com/koukun.rei.coach or on youtube https://www.youtube.com/channel/UCYw3UfPsEqxvSI8_449oCYQ Andrew Hines: on Instagram: https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines Specific Topics Covered * Investing in student rentals* student rental management* finding join venture partners* furnishing your student rentals* how to optimize your student rentals in terms of common area and bedrooms* how to deal with tenant turnover and showings* creative strategies for increasing rents and creating tenant bidding wars Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E016, Mat Piche shares his unique story about being "The Fruitful Investor". What does that mean exactly? Well to start, he's a joint-venture loving investor in over $8 million of real estate assets and over 20 different properties. Mat's a self-proclaimed 'hippie', plant-based eater and world traveling realtor that's focused on 'home', which is Kitchener-Waterloo for him. Mat preaches "boring" over exciting because he knows that real estate investing is a 'get rich slow' model and he and his investors are all on-board with the approach and expectation. Tune in for a few creative strategies and many gold nuggets because this guy has got some fantastic systems! Key ContactsMat Piche on YouTube - https://www.youtube.com/channel/UCsUM_ZcpCv7WAL-hmhrkPqw on instagram - https://www.instagram.com/matpicheAndrew Hines on instagram: https://www.instagram.com/theandrewhines or on Facebook https://www.facebook.com/theandrewhines Specific Topics Covered in this Episode: * Finding joint venture partners* managing a personal brand and social media presence* finding off market real estate deals* managing trades, tenants, employees and property managers* renovation budgets and where to spend* kitchen and bathroom renovations* how to flip a property quickly Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E015 Gary Spencer-Smith shares his story and philosophy surrounding how to pick an ideal market to buy in, how to assess the viability to a long term hold, joint ventures and much much more! Key Contacts:Gary Spencer-Smith: on youtube at https://www.youtube.com/channel/UCJUsSNkjVLagJ6a65XVTIEw or on his website at http://www.rentalhouseprofits.com Andrew Hines on instagram: https://www.instagram.com/theandrewhines/ or on Facebook: https://www.facebook.com/theandrewhines/ Gary is of British descent and came to Canada approximately 15 years ago. He's been an active real estate investor for the past 10 years and has since developed a real estate coaching business, property management business and a contracting business. Tune in to gain countless gold nuggets from Gary's wisdom and experience. Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E014 Jon Schoeller reveals how he's been able to flip approximate 65 houses over the last two years. Jon is a self-professed implementor of 'systems' that have allowed he and his business partners to grow their house flipping business and profit aggressively. Jon is self-taught, never went to post secondary school and has truly made it happen for himself. Key Contacts:Jon Schoeller - https://www.instagram.com/aminvestmentswv or https://www.instagram.com/jonschoellerAndrew Hines - https://www.instagram.com/theandrewhines https://www.facebook.com/theandrewhines Specific Topics Covered in this post are as follows: * best practices for contractor management while flipping houses* how to find the best deals on and off the MLS* how to budget and price a home flip project affectively* understanding your target demographic* understanding how average income affects buying power in your area* the importance of having a system in your flipping business for absolutely everything from finding deals to managing employees (if you have them)* structuring contracts with contractors for success Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E013 Jeff Wybo discusses his personal strategy to branding a business that is specifically relevant to real estate investing. In addition to being a real estate investor, Jeff is a realtor that is well recognized as an authority on real estate investing. While he doesn't claim to be the best, Jeff claims to have taken the initiative to be the realtor that is known. In this episode he discusses how he created his brand with very simple steps that anyone can execute. Key Contacts:Jeff Wybo: https://www.instagram.com/jeffwyboAndrew Hines: https://www.instagram.com/theandrewhines Specific Content Covered in This Episode: * Branding for investors* event hosing and developing investor networks* how to advertise for free* airbnb arbitrage (one of Jeff's investments)* Executive rentals Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E012, Shawn Allen, an extremely high-volume real estate flipper discusses his approach to life, career and flipping houses. One thing that is abundantly clear is that Shawn is driven. Our conversation starts with learning about how Shawn got started with his first deal, flipping a house, and progressed into a discussion about the nuts and bolts of what to look for in a house to be renovated and how to negotiate a deal. Key contact Info:Shawn Allen on instagram @shawn__allen and on facebook at https://www.facebook.com/shawn.allen.98837Andrew Hines on instagram @theandrewhines or on facebook https://www.facebook.com/theandrewhines Specific Topics Covered on Today's Podcast: * The mindset for success in flipping houses* The 'forgiving nature' or real estate investing* Avoiding issues with problematic houses including sanitary drain connections getting clogged with tree roots and water problems caused by having large trees in your yard* building a 'contingency fund' into your numbers so that you always exceed your target profit* land development of a lot that already had three houses on it (severing)* a case study revealing how Shawn is about to make $400,000 in profit! Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E011 Mike Rosehart lays out his strategy for retiring early. Very early!! Mike tells the story of how he bought his first property at 19 years old and had 17 properties by the time he reached the ripe young age of 23. He then preceded to 'retire' at 24 by 'cashing out' on those properties and investing his principal into commercial paper (stocks etc). A key to Mike's success has been his extreme frugality and while that approach certainly seems less common, you definitely can't argue with the results. Key contacts:Mike Rosehart on instagram @mikerosehartAndrew Hines on instagram @theandrewhines Some specific topics tackled on this episode are as follows: * The Fire, Financial Independence, and Retire Early movements* Frugality* Investing for cash flow and investing for long term wealth* the one percent rule (rental income of 1% of price of home)* Finding private sellers and deals* telltale signs of distressed sellers that you can work out a deal with Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E010 Kellan discussed how he went from zero to approximately $10,000/month in positive cash flow by investing in multifamily properties following the "one percent rule". Kellan wasted no time getting started and managed to acquire 32 units in just 2.5 years and he managed to achieve financial independence in roughly one year. Yes, that's right, ONE YEAR! You read that correctly and that sure beats the 45 year retirement plan taught to us in school. Key Contacts:Kellan Paniccia on instagram @kellan.panAndrew Hines on instagram @theandrewhines or by email at andrew@andrew-hines.com Key Concepts Discussed in this episode are as follows: * multifamily investing* the BRRRR strategy as it applies to multifamily* tenant turnover and the "cash for keys" strategy* increasing the value of your building through rent increases* mindset and networking strategies that get results* Finding off-market deals* finding deals on the MLS* succeeding in any type of market This episode is pure gold for anyone who needs a good mental "kick" to get into the right headspace and excel regardless of market conditions. Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free