Antoine Martel – the co-founder of Martel Turnkey, talks to Neil Henderson and Brittany Henderson, the hosts of The Road to Family Freedom podcast. Antoine is a 25-year-old real estate investor from Toronto, Canada. While still in college Antoine learned about real estate investing and knew it was his calling. From his dorm room, he completed his first BRRRR (Buy, Rehab, Rent, Refinance, Repeat) project out of state with his father's $40,000. Since then Antoine and his family have completed over 200 real estate projects and currently have a $14M real estate portfolio. They have also helped create $50,000/mo of cash flow for their clients of MartelTurnkey.com.

Post-Interview Analysis 

• Key Lessons Learned: In real estate, it’s important to focus on building long-term relationships and avoiding transactional relationships. You will get much better work out of a contractor who sees you as a source of consistent work, than a contractor who sees you as a one-time gig. Also, when building a team in a new market, start with property managers, not realtors. The property managers are going to know the better rental sub-markets and they will have better resources. They are also an example of someone who will be in a long-term relationship, as opposed to the more transactional real estate agent. 
• How did they acquire their knowledge or what knowledge did they need to acquire? He had to learn how to build a team in a new market.
• How much money did it take to get started? About $40,000 that he borrowed from his father.
• How much time does it take now? It’s a full-time job as he is heavily involved in selling their inventory of homes using their turnkey strategy.
• Could they do this strategy from anywhere in the world? Yes and no. For him, he’s running the business, and he probably needs to be present to keep his business working. For his clients, obviously yes, it’s completely passive.

Episode Highlights: 

• Schedule a video chat with Neil Henderson at roadtofamilyfreedom.com/selfstoragecall
• How Antoine borrowed $40,000 to buy his first rental property long-distance in Memphis, TN.
• What it was that initially attracted him to the Memphis, TN market.
• Who is the first team member you should seek out when investing in real estate long distance? It’s not a real estate agent.
• How they are finding buyers for their turnkey properties
• And much more…

Books and Resources Mentioned

• The Road to Family Freedom: roadtofamilyfreedom.com
• Instagram: @MartelAntoine
• Twitter: @MartelAntoine