Taking Calculated Risks & Winning in Real Estate with Steve Manicom

In E273, Andrew Hines chats with Dan Illis, who returns to the show after two years to discuss his latest endeavors in infill real estate investing in Woodstock and Kitchener. Dan shares his experiences with complex projects, including a new build and a tiny home development, emphasizing the significant learning curve and practical challenges he faced, especially in managing constructions and navigating municipal approvals for property development. Dan also explores his consultancy role, assisting other investors in securing necessary approvals, leveraging his civil engineering background. He highlights the shifts in the market, particularly how land sales have been impacted by economic downturns, stressing the importance of strategic acquisitions and development to maximize potential gains. Throughout the conversation, practical advice on handling variances, zoning laws, and remote site management is discussed, providing valuable insights for listeners interested in enhancing their real estate development strategies. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Connect with Dan Illes: Instagram: https://www.instagram.com/illes_invest/ Website: https://waterbillsolutions.com/ Andrew Hines Audio · E273 How to Identify the Best Properties for Infill Projects? with Dan Illes LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

In Episode E272B, I delve into valuable insights from previous episodes while detailing future business and real estate ventures. I spotlight Charles Crompton's successful strategy for expanding to 50 rental units, providing a comprehensive blueprint for business growth. The focus then shifts to my active real estate development projects in Florida, where collaborations, particularly with Matt Piche, are driving remarkable growth through strategic partnerships and expertise sharing. This episode further investigates the challenges and sophisticated strategies essential for securing successful real estate transactions, highlighting the need for persistence and streamlined systems for off-market deals, alongside enhancing our business model with premium amenities to boost guest satisfaction and revenue. Moreover, we are transforming a new campground into an all-season resort, enriching it with unique cottages and amenities for an exceptional retreat experience. Today’s core discussion emphasizes the crucial role of strategic partnerships and system integration in scaling operations and innovating within the conventional real estate investment sector. Engage with our podcast by submitting your questions or joining our forthcoming live streams. Such interactions deepen our community connections and promote shared growth. Let's keep the conversation going. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew Hines Audio · E272B Partnerships in Property Investment? with Andrew Hines LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

In E272, we dive deep with Charles Crompton, who transitioned from his finance job at Edward Jones to mastering Airbnb arbitrage. Alongside his wife, Charles left the corporate grind, inspired by one of our very own episodes! He delves into the dynamic world of Airbnb arbitrage, breaking down how he and his wife developed their thriving business. Charles's story is not just about risk but about strategic growth and the lucrative possibilities Airbnb arbitrage offers for those ready to step away from a conventional 9-to-5. His journey underscores Airbnb arbitrage as a formidable strategy for rapid financial growth and wealth accumulation. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Apply to work with Charles: https://cearbitrage.com/applyhere Youtube: https://www.youtube.com/channel/UCL53qvk5qCmoIwkqN8fUBtw Instagram: https://www.instagram.com/crompton.charles/ Andrew Hines Audio · E272 Maximize Profit in Airbnb Arbitrage with Charles Crompton LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

In E271B, I'm joined by Dan Illes, a dedicated listener and my upcoming weekend guest. We dive deep into my latest real estate projects in Florida, where we're actively snapping up properties via cold calls and managing an ever-expanding list of off-market leads. We're also thrilled about a new addition to our team who's already locking down deals, showcasing the fierce and fast-paced Florida real estate scene. In this episode, we explore our strategic expansion efforts, the critical role of solid systems, and tweaking our scripts to stay ahead in a competitive market. We tackle the nuances of dealing with pre-foreclosures and the complexities of assessing land values across various Florida counties. From due diligence to mastering zoning laws, Dan and I unpack the practical sides of real estate investing, offering up key insights and strategies that you won't want to miss. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Connect with Dan Illes: Instagram: https://www.instagram.com/illes_invest/ Website: https://waterbillsolutions.com/ Andrew Hines Audio · E271B Truth Behind Flipping Foreclosures with Andrew Hines and Dan Illes LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

In E271, we dive deep with David Hulshof into the complex world of multifamily real estate investments. David walks us through his intriguing shift from the insurance sector to the bustling real estate industry, with a sharp focus on properties boasting more than six units. He employs a rigorous, data-driven approach to real estate, an essential strategy in today's market. The discussion highlights a key trend: the preference for turnkey properties over those requiring significant added value, a decision influenced by the current market conditions and the skills investors bring to the table. David breaks down various strategic maneuvers, including leveraging CMHC programs, mastering direct assumptions, and adeptly handling the evolving market dynamics. Further enriching the conversation, David underscores the value of partnering with experienced agents and the perks of snagging off-market deals. He stresses the critical role of comprehensive financial modeling and the necessity of educating clients thoroughly. From innovative financing options and savvy negotiations with sellers to fostering solid relationships with tenants, this episode is packed with invaluable insights for anyone keen on mastering the multifamily investment game. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Connect with David Hulshof: LinkedIn: https://ca.linkedin.com/in/david-hulshof-clu-cfp-a759aa42/ Instagram: https://www.instagram.com/davehulshof.realestate/ Email: [email protected] Andrew Hines Audio · E271 Top Strategies for Multifamily Investment Success with David Hulshof LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

Real Estate, Investing, Podcast, Midweek, Episodes, Glamping, Florida, Cold Callers, Acquisitions, Realtors, Book, Adversity, Challenges, Deals, Team, Offers, KPIs, Control, Perseverance, Success, Learning, Conversion, Valuation, Determination, Entrepreneurship

In E270, meet Jude Gomes, an inspiring 22-year-old entrepreneur who's rapidly climbing the ranks in the real estate and business world. Starting young, Jude now boasts ownership of multiple residential units, including a 10-unit complex, a sixplex, and a fourplex, on top of his success in wholesaling properties. Jude's real estate strategy is all about smart buys and making the most of seller financing to seal the deal. He shared a standout story where he flipped a vacant sixplex bought for $450,000 into a property valued at $1.43 million after a $250,000 facelift, ultimately refinancing to boost his cash flow significantly. He also shed light on his knack for forging strong relationships with sellers and mastering the art of negotiation, underlining the significance of persistence and creative problem-solving in securing deals. Jude's journey exemplifies the sheer impact of strategic foresight and grabbing the right opportunities in real estate. Beyond property, Jude runs Task Tuesday, a virtual assistant service that caters to the real estate sector, showcasing his entrepreneurial flair and his ability to scale businesses by focusing on efficiency and delegation. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Connect with Jude Gomes: LinkedIn: https://ca.linkedin.com/in/jude-gomes Fergo Estates Instagram: https://www.instagram.com/fergoestates/ Task Tuesday: https://www.tasktuesday.com/ Andrew Hines Audio · E270 What Does It Take to Scale a Property Portfolio Quickly? LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

In E269, we had the privilege of hosting Jordan McGregor, a dynamic real estate investor and Realtor whose journey in the realm of real estate began remarkably at the tender age of 17. Jordan, with his wealth of experience and strategic acumen, delved deep into his early forays into the industry, influenced by the foundational support and insights from his parents. He eloquently unpacked his initial strategy of house hacking—living in one unit of a multi-unit property while renting out the others, which paved his way toward more ambitious endeavors in multi-unit properties and the intricate world of land development. Jordan stressed the pivotal role that continuous education, personalized coaching, and proactive participation in real estate seminars played in honing his investment strategies and catalyzing his growth in the industry. Interestingly, Jordan's unique perspective is further enriched by his experiences as a police officer, which have imbued him with a distinct approach to real estate, emphasizing discipline, diligence, and community awareness. Throughout our conversation, Jordan shed light on the criticality of performing exhaustive evaluations on potential investments and shared his strategic pivot towards the lucrative but challenging arena of land development. His insights into strategies that can empower young investors to leap into real estate with confidence were particularly inspiring. Moreover, Jordan's innovative endeavor to develop a real estate evaluation software marks a significant leap towards simplifying the complex process of investment analysis, potentially revolutionizing the way investors approach decision-making in real estate. Jordan McGregor's journey from a precocious teenager with a budding interest in real estate to a seasoned investor and a visionary entrepreneur underscores the transformative power of education, strategic foresight, and relentless pursuit of growth in the ever-evolving landscape of real estate investment. Unlock the potential of your real estate investments with https://www.brrrrbot.ai/ Try this revolutionary analysis tool for FREE with code 'HINES2024' — no credit card needed. Discover how to make smarter investment decisions effortlessly. After your 30-day trial, continue for just $20/month or save 20% with an annual plan. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Connect with Jordan McGregor: Instagram: https://www.instagram.com/officialjordanmcgregor/ LinkedIn: https://ca.linkedin.com/in/jordan-mcgregor-70735b19 Facebook: https://www.facebook.com/mcgregor45/ Andrew Hines Audio · E269 House Hacking to Land Development and Beyond with Jordan Mcgregor LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

E268B is a blend of my personal journey, the strategies that have shaped my investment approach, and a sneak peek into upcoming projects, notably a book collaboration with John Schwenker. This book aims to highlight the stories of some of the most influential guests on my podcast and to distill the investment philosophies that I believe will be crucial for 2024 and beyond. I take a closer look at Justin Trudeau's newly announced Renters Bill of Rights and its potential implications for investors and landlords across Canada. It's vital, now more than ever, to stay informed about the political and societal changes that could impact our investment strategies. This episode is deeply focused on the importance of adopting a proactive and solution-oriented mindset to tackle both investment challenges and life's obstacles. I firmly believe in the value of engaging work, building a strong community, and taking personal responsibility as the foundation for success and fulfillment. Moreover, I delve into how media and cultural narratives shape our society and political perspectives. This episode isn't just a reflection of my investment philosophy; it's also a call to action for my listeners to develop awareness, adaptability, and critical thinking in their investment endeavors and beyond. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew Hines Audio · E268B How to Leverage Community, Policy, and Market Insights for Success with Andrew Hines LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines

In E268, Saad Dar’s foray into real estate wasn’t plotted on a traditional roadmap. What began as an unexpected tenure as a landlord evolved into co-founding a flourishing real estate investment venture, deeply entrenched in the BRRRR strategy, set against the dynamic backdrop of Philadelphia. This journey underscores not just the unpredictability of real estate investment but also its potential for those willing to dive into the market's intricacies. Navigating the tempestuous currents of today’s real estate market—marked by escalating interest rates and soaring property values—Saad highlights the irreplaceable value of engaging directly with the market. Understanding the local market dynamics and meticulously planning for scalability are pivotal. In the realm of real estate investment, a nuanced grasp of your operational environment and a strategic approach to growth are indispensable. In an innovative leap, Saad introduces BaseLane, a platform meticulously designed to address the multifaceted needs of real estate investors. BaseLane isn’t just a tool; it’s a comprehensive solution offering streamlined banking, bookkeeping, and property management functionalities. It distinguishes itself with features aimed at enhancing financial organization and operational efficiency—high APY on deposits, virtual cards, and sub-accounts are just the tip of the iceberg. BaseLane encapsulates the essence of modern real estate investment—a blend of savvy investment strategies and cutting-edge technology. Saad Dar’s narrative isn’t just a testament to the opportunities within real estate investment; it’s a blueprint for innovation, strategic growth, and the continuous evolution required to thrive in the ever-changing real estate landscape. Sponsors: Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Connect with Saad Dar: Website: https://www.baselane.com/ LinkedIn: https://www.linkedin.com/in/saad-dar-b422301 Andrew Hines Audio · E268 From Accidental Landlord to Tech-Driven Real Estate with Saad Dar LISTEN TO THE PODCAST Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE FOLLOW ON SOCIALS Instagram: https://www.instagram.com/theandrewhines Facebook: https://www.facebook.com/theandrewhines Twitter: https://twitter.com/theandrewhines LinkedIn: http://www.linkedin.com/in/theandrewhines TikTok: https://www.tiktok.com/@therealandrewhines