In this episode
- Long-distance investing
- How to get the whole family involved
- Slow flips and other beginner strategies
- How to apply lessons learned from a poor economy
- Using a mortgage penalty as part of a down payment
- Joint Ventures for success
- Mortgages – look at terms rather than just the interest rate
Guest
Jennifer and François started out dabbling in real estate. There was no plan… they were saving for down payments, using their own credit, and eventually hit a financing wall. They were focusing on secondary markets for higher cash flow and they didn’t pay attention to appreciation.
Eventually, they chose to enroll in a mentoring program to grow and start using OPM. At that point, they saw an opportunity in distant markets and they’re now investing in eastern Canada, northern USA and now looking abroad.
Another big lesson they learned is that bad property management can be VERY detrimental. It’s a very open conversation, tune in to find out more.
Get in touch with François & Jennifer:
Facebook: https://www.facebook.com/FLHomesCorp
YouTube: https://www.youtube.com/channel/UCcPBtxhWjBkTVI2mhZkMWcQ
Email: flhomescorp@gmail.com
Brought to you by
Private Money 4 Mortgages – http://privatemoney4mortgages.com/
Private Buyers – https://privatebuyers.ca/
BM Select – https://bmselect.ca/