In this episode, we cover:

• The biggest investment is investing in ourselves while the biggest mistake is assuming to know everything. Real estate is constantly changing and you are always learning. 
• Elizabeth’s advice for a new investor in multi-family space. Educate yourself and don’t be afraid of missing out. People are always finding ways to make money.
• Mistakes, challenges, and lessons learned. Always make sure that the market matches your strategy. Be prepared to take action and don’t be afraid to make mistakes.
• How Elizabeth efficiently manages a large number of units. Outsourcing frees up time and brain power so you can focus on what you really want to do and find the next opportunity.
• Financing is one constant challenge for investors whenever you are trying to grow. Having one or two people like a great mortgage broker can be helpful.
• When you’re struggling to find a deal. 
• Wholesalers invest money rather than buy properties from a seller who is in desperate need to liquidate their property. Realtors serve a market with no timelines.

Resources and links mentioned: 

Rich Dad Education

Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by  Dan Sullivan and Benjamin Hardy

MLS

Connect with Elizabeth:

Website: http://www.Ekconsulting.ca/

Facebook: https://www.facebook.com/EKConsulting.ca/

Facebook Groups: https://www.facebook.com/groups/ElizabethKellyREGroup/

https://www.facebook.com/groups/2287667041508554/

About Elizabeth Kelly

With over 15 years of investing in the industry, Elizabeth Kelly is a very experienced real estate investor. She is based in Kirkland Lake, Ontario Canada. She specializes in the acquisition and management of rent-to-own and multi-family residential properties. She and her husband run a full-service property management company. They're now the largest rental housing provider in Kirkland Lake, ON. She also recently started EK Consulting and Coaching to assist both new and experienced investors plan, structure, and creatively finance their real estate portfolio so they can enjoy early retirement and leave a legacy for their families.

Elizabeth is a people person. She has a passion for helping people achieve their financial dreams through the purchase of investment properties.

Connect with Adam Stelmach:

Website: https://adamstelmach.com/

Email: [email protected]