Multifamily Insights

Starting a Bed and Breakfast with Jules McKenzie, Ep. 425


Listen Later

Jules and Ange Mckenzie have been investing in residential real estate in the Orillia and Barrie areas of Canada for over 20 years. His strategy has been buying and holding. He's currently holding 13 investment properties. His portfolio is a mix of small multifamily buildings. He has raised the money to buy properties from Joint Venture investors. Jules and Ange manage their own properties. Jules has also been a Police Officer for 31 years. 11 of which were with the Ontario Provincial Police and he is currently with the Rama Police Service. We talked to Jules about his knowledge and experience from investing in Orillia, and how they have overcome some obstacles and challenges with his partner.

Announcement: Download Our Sample Deal and Join Our Mailing List

[00:01 – 02:41] Opening Segment

  • Jules talks about his background.
  • He talks about how he started investing;

[02:41 – 18:01] An Investing Tale from Canada

  • How partnering with other people helped;
  • The reasons why people decided to invest with Jules;
  • How he got interested in real estate in the first place;
  • He talks about the skills he had that were transferable to real estate investing;
  • He talks about a deal with huge profits and breaks down its details;

[18:01 – 26:33] Orillia and Barrie Markets

  • He talks about his bed and breakfast deal;
  • The parameters he uses to have guests in where he lives;
  • How holding a property can pay off;
  • He talks about the Orillia and Barrie Markets;

[26:33 – 31:53] Round of Insights

Apparent Failure:

Financial challenges early in his career.

Digital Resource:

Facebook Market

Most Recommended Book:

Can't Hurt Me

Daily Habit:

His morning routine

#1 Insight for Investing:

Cashflow is everything.

Best Place to Grab a Bite in Charleston:

The Keg Steakhouse

Contact Jules:

To learn more go to www.mckenzieproperties.online or you can connect with Jules directly on Instagram or Twitter.

Tweetable Quotes:

"When was the best time to invest in real estate? Maybe 20 years ago. When is the next best time to invest in real estate? Right now!" - Jake Wiley

Thank you for joining us for another great episode! If you're enjoying the show, please LEAVE A RATING OR REVIEW, and be sure to hit that subscribe button so you do not miss an episode.

...more
View all episodesView all episodes
Download on the App Store

Multifamily InsightsBy John Casmon

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

276 ratings


More shows like Multifamily Insights

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,774 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

991 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

829 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,910 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

972 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,406 Listeners

Real Wealth Show: Real Estate Investing Podcast by Kathy Fettke / RealWealth

Real Wealth Show: Real Estate Investing Podcast

414 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

422 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

720 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,842 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

129 Listeners

On The Market by BiggerPockets

On The Market

902 Listeners

The Rich Somers Report by Rich Somers

The Rich Somers Report

981 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

832 Listeners

The David Greene Show by David Greene

The David Greene Show

699 Listeners