Michelle is a black woman in Canada, who has built wealth in Real Estate. She tells us about her history with Real Estate and learning about building wealth from her parents in England. This honest conversation shows what drove her to invest in real estate. She shares her recent purchase and about the good, the bad, and difficult parts of the process during the Covid19 pandemic. Her insights are inspiring and will give you strategies on, not only building wealth for yourself, but also for generations to come.

You have to be willing to try new things when faced with a challenge. Not every attempt will be successful but with a pivot or moving to plan B or C, you might discover your next big idea. We share our journey of creating a short term rental that we were able to use to avoid multiple months of vacancies. We started to allow shorter-term tenancies to and that allowed flexibility during uncertain times.

There is almost no one who has been unaffected by the COVID19 Pandemic, whether you've become extremely busy and overwhelmed or the reverse we are all changed by this experience, not to mention if you or your family and friends have contracted or lost someone who contracted the disease. Therefore, why would you think, as a property owner you can keep things as status quo with your rental property. Especially when a current tenant or business model is not working.  Here we discuss some strategies to attract tenants and reduce vacancies in a challenging environment.

The topic of this podcast is providing tips to owners or landlords and we provide its if you are trying to find a tenant yourself as well as tips for tenants to secure the place they're interested in. Many owners may contract this service out if they are unable to rent their own properties especially if their property is out of town or not close to where they live. Covid has given us the opportunity to do more and differently such virtual and video tours

We speaking with Yandi Martelly, Real Estate Investor, and Owner of Training Program Solutions a company developing training programs to support medium to large businesses to upskill their teams, meet compliance requirements, and overall keep their employees and management relevant in our ever-changing and disrupted environments. Yandi shares how she began in real estate, as well as the lessons her parents shared to help, guide her to start early. With experience in renting properties, find out how Yandi manages her property from a distance and how she treats her tenants to ensure they value her property as much as she does.

It is a huge challenge to have our children at home even for those with experience teaching children. Whether your business is down and out or you're busier than before, we're all struggling with adapting to being at home. In this episode, we're sharing strategies to help you and your kids stay sane at home and continue the educational activities to keep them engaged and on track for success. We know these tips and resources will help you and hope you can share some of your own ideas to keep your kids on track as the COVID19 quarantine extends to the next school year.

We are speaking with Leeanne Bayley-Hay who is a women entrepreneur, business owner and mom who will share with us her perspective on the coronavirus and its effects on her business, herself and family as well as what she's doing to cope and sharing strategies to help your business adapt.

Leeanne does not sell to the public, however, if someone has invented a baby product or has an eco-friendly product they would like to get into a store, she offers consultancy for a fee. The fee varies depending on how viable the product is and if she sees potential, and how much work is required to get it to a store level.  No product we see on the market just appeared on the first try. It is hard work and not for the faint of heart. There are also many regulations with Health Canada and the TSSA for safety. But Leeanne is always there to help guide you and she knows people and distributors in the industry who might also be interested. It is amazing though to see a product start from an idea, then turn into a design prototype, go through testing and then production, get packaging and make it onto a store shelf.  

Tips from Leeanne

• Staying connected with current clients both directly and via Social Media
• Keep looking for new clients even during the crisis at this time, if a business is slow, focus on connecting with new and existing clients.
• Branch out and consider the skills you have and how they can be transferable to other product lines and services
• • Leeanne specifically does natural products and buy local or responsible
• COVID Situation - When you’re a salesperson and your job is to sell but during COVID dial back selling to be empathetic to people and their situation.
• Contact our guest: Leeanne Bayley-Hay of Pickney Gear - https://pickneygear.com/about/
• Canadian Resources Available to help Businesses https://www.canada.ca/en/department-finance/economic-response-plan.html#businesses

How we Became Real estate Investors (Andrea and Kemba)

Welcome to the first episode of our podcast. We are real estate investors who have built wealth using real estate, and we want to show you how to create a wealth of your own by turning your passion into a successful business.

In today’s episode, we would love to share our journeys to becoming real estate investors. We want you to be empowered as women and as moms so that you can live the life of abundance and wealth you truly deserve.

If you’re ready to take the plunge, and if you want to build another source of income, you’re in the right place. Listen in.

Key Talking Points of the Episode:

• Kemba’s background
• Kemba’s first property purchase
• How Kemba and her husband joined hands to buy property
• How Kemba’s experience has shaped her real estate business
• Lessons that Kemba learned from her journey
• Andrea’s background
• How Andrea developed a passion for homeownership
• Andrea’s first property
• How Andrea and her husband bought a home jointly
• Andrea joining hands with family and friends to invest in real estate
• Andrea learning how to write an agreement without involving a lawyer
• What materials did Andrea read in pursuit of knowledge?
• Connect with us

Key Milestones of the Episode:

[02:49] Kemba’s family story

[03:36] How Kemba got into real estate

[04:20] Kemba’s first property with her cousin

[11:26] Kemba’s journey to wealth creation

[12:22] Lessons that Kemba learned from her journey

[14:52] Andrea’s background story

[15:17] Andrea’s passion for real estate

[15:30] Andrea’s first property

[21:33] Andrea’s journey to wealth creation

[24:19] Lessons that Andrea learned from her journey

[26:03] What reading materials helped Andrea get where she is today?

[29:30] Connect with us - Instagram @keanonyou or www.keangroup.ca