The Andrew Hines Real Estate Investing Podcast

In E025 of the Andrew Hines Real Estate Investing Podcast, Ken Bekendam talks shop about how to convert single family homes into duplexes. Drawing on his background in creating building design blueprints and also general contracting projects, Ken has used his experience to both grow his own real estate portfolio and also to help other real estate investors grow their own portfolios through design consulting and helping with the minor variance application process.

Ken specifically stated in this interview that he feels he has an unfair advantage as an investor because he understand the ins and outs of how municipalities work. He's a wealth of knowledge and will help you understand the basics of what you need to know when it comes to legally adding dwelling units to an existing building.

iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines

Connect with Ken Bekendam onFacebook: https://www.facebook.com/kenbekendamWebsite: http://legalsecondsuites.com

Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines

Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i

Specific Topics of Discussion:

* obtaining building permits and minor variance approvals* how to select building designers and understand the implications of the designer you choose* why you should focus on LEGALLY converting rather than just going ahead without permits* how banks and lenders look at duplexes and the difference between legal and illegal* sound proofing do's and don'ts* the risks associated with seeking planning approvals and risk mitigation tactics

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E024, Dylan Suitor discusses his approach and philosophy to real estate investing and growing his portfolio at an incredible pace. Dylan and his partner made a commitment to themselves to grow their portfolio by $100 million over a 12 month period. For most, this type of growth would seem near impossible by Dylan and his partner have exercised the BRRRR method to perfection and have grown utilitzed key private lenders to get the funds needed to do this. On the refinance end, given the sheer volume of their efforts, they are working with commercial lenders that are assisting them in the "refinance" portion of the BRRRR. Dylan has an incredible attitude toward life, team-build, investing, and helping others.

iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines

Connect with Andrew on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines

Connect with Dylan Suitor on instagram: https://www.instagram.com/dylansuitorelevate Facebook: https://www.facebook.com/dylansuitor Email: [email protected]

Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i

In this episode we specifically cover:

* Dylan's join venture partnership with his old friend Robbie* Dylan's approach to real estate investing and acting as a realtor for investors* the BRRRR model on a large scale* private lending at 100% loan to value (yes, only something that can be done with relationship building IMO)* working with realtors as an investor and what to look for* what makes for an effective partnership* A case study on how Dylan bought a property, renovated it and is planning on refinancing approximately $90K back into his pocket on top of his initial investing (getting PAID to KEEP)

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E023, Matt McKeever discusses his journey to 58 units and financial independence. Matt retired from his job at the age of 31 years old with approximately 15 rental units and then continued to build his portfolio through seeking mentorship and networking with fellow investors. Matt has a passion for learning and consuming content and has also spent a massive amount of this time giving back to his peers both in person, at major events such as OREC (the Ontario Real Estate Conference) and through his youtube channel where he profiles many different investors and teaches specific strategies.

iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines

Connect with Andrew on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines

Connect with Matt McKeever on instagram: https://www.instagram.com/mattmckeever85 YouTube: https://www.youtube.com/mattmckeever

Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i

Specific Items Covered in this Episode:

* Buying multifamily units and the financing process differences* joint venture partnerships* how to negotiate a joint venture partnership by using your social media presence* building a social media presence* How to improve mismanagement multifamily buildings to approve appraised value and recycle the money (a form of BRRRR)* scaling your portfolio without your own money* the FIRE movement (Financial Independence / Retire Early) and lean FIRE

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E022, Dylan McLauchlan discusses his student and multifamily property investing, frugality, personal growth, wholesaling and finding off-market real estate deals. Dylan is only 26, but he no longer needs to work, and now just lives life on his own terms with an $8000/month cash flow to cover his expenses and help him to further grow his portfolio and also sustain his living expenses.

Listen on iTunes, Google, Spotify and more at https://linktr.ee/theandrewhines

Key Contacts:

Dylan McLauchlan oninstagram: https://www.instagram.com/dylanmclauchlanfacebook: https://www.facebook.com/dylanmclauchlan

Andrew Hines oninstagram: https://www.instagram.com/theandrewhinesfacebook: https://www.facebook.com/theandrewhines

Key Topics Covered in this Episode

* how to find private, off-market real estate deals by using flyer mailouts* how to profit from buying real estate without actually closing the deal (wholesaling)* mindset, frugality and personal development* building your network and structuring your life for success* key areas to focus on in your real estate education

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E021, Adam J.D. Martin discusses his journey in real estate so far at the ripe young age of 25. Adam started investing at 24 years old with a large student loan and almost no income after having quit his job. Adam trusted the process, and his mentor, Matt McKeever, and decided to go all in on his strategy. In this episode Adam discusses how he started 'wholesaling' properties by papering neighbourhoods with 'yellow letters'. Adam would find willing sellers, assign the contracts and make money by charging the end buyer a fee. He was able to do all of this because of a strong sphere of influence with his community and with his mentor. I really love Adam's story because its a testament to the fact that none of us really have an excuse to not take action.

Contact A

Listen on iTunes, Google, Spotify and more at https://linktr.ee/theandrewhines

Connect with Andrew on

instagram: https://www.instagram.com/theandrewhines

facebook: https://www.facebook.com/theandrewhines

Connect with Adam Martin on instagram: https://www.instagram.com/adamjdmartin

Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i

Specific Discussion Points in this episode:

* how to creatively negotiate deals with willing sellers by thinking out of the box* how to arrange a vendor take-back mortgage (VTB) AKA seller financing* why sellers are willing to sell privately* how to create a house hacking positive cash flow investment* the cash flow of Adam's first buy and how he was able to improve it further* mindset of an investor and how to minimize your cost of living* Adam's multifamily purchase with his joint venture partner

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E020, Shawn discusses how he got started 6 years ago with a new build for his family home. After living there for a couple of years and realizing how tight his income and expenses had become, he made the decision that he needed to make a chance and started to house-hack. Fast-forward to two years ago, Shawn decided to go "all-in" as a real estate investor.While Shawn like his job as an IT professional, he's interested in creating generational wealth as a real estate investor. It's safe to say that he 'has the bug' when it come to investing.

iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines

Shawn Rae contact: https://www.instagram.com/shawnreaor https://www.facebook.com/shawn.rea

Andrew Hines contact: https://www.instagram.com/theandrewhines or https://www.facebook.com/theandrewhines

Some key topics covered in this episode:

* investor mindset needed to succeed* how to grow a portfolio quickly with the buy renovate, rent, refinance, repeat model* how to buy deals both on and off the market for instant equity grain* how to get educated, network, find mentors and use the information to take action* house hacking, managing tenants, and profiting from tenant turn-over

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E019, Jas Takhar shares his approach to buying pre construction condos in a world-class city. Jas is based out of Toronto, where he invests, and is also a top-performing realtor and co-manages a team of realtors that are among the top performers in the country. When it comes to real estate, Jas knows his stuff and this was a very interesting discussion.

iTunes, Google, Spotify Listen Links: https://linktr.ee/theandrewhines

Jas Takhar

https://reccanada.com/

https://www.youtube.com/recexperience

Andrew Hineson Instagram: https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines

Specific discussion points from this episode are as follows:

* how to find a pre construction deal that has the best chances of being profitable* what areas to buy in and what to look for to know if your area is good (ie. is there major transit such as subways, street cars, and major highways?)* what kind of instant equity is has been common in Toronto pre construction deals in recent history* how to get first access to pre construction condos before they hit major advertisements* how to find a competent realtor to work with to find the best deals* risks and concerns associated with this type of value speculation and how to approach this type of investment for success* how this type of investment fits into an investors portfolio

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E018, Brock Rogerson discusses his cash-flow-centric approach

to real estate investing in markets that show weak growth, high vacancy and

many other potential “alarm bells” that would scare off the average real estate

investor. Brock has been investing in real estate since 2008 and has maintained

a torrid pace of adding units to his portfolio. No matter how you slice it,

Brock knows his stuff. He’s diligent, systematic and determined and he’s

absolutely crushing it when it comes to buying single family and multifamily

properties in Saint John, New Bruswick, Winnipeg Manitoba, and several other Canadian

and American locations.

Key Contacts:

Andrew Hines: on Instagram:

https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines

Some Specific Topics Covered on this podcast are as follows:

* Why Saint John New Brunswick for buying real

estate and what type of cash flow can be expected* What are the signs of a good market to invest in

when it comes to optimizing cash flow* How to manage an extremely large real estate

portfolio from a distance (Brock currently lives on the opposite side of the

continent from the majority of his properties)* What’s a good vacancy rate with potential for improvement* Why a low vacancy rate can actually be a bad

thing* Why it might be a good idea to avoid putting

value on future potential in your investment markets (the numbers should make

sense ‘as-is’.* How to BRRRR in these low purchase price, high

cash flow markets

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E017, Koukun Unosawa and I have a candid discussion about student rental investing and starting at a young age. As investors, Koukun and I share an appreciation for student rentals and the cash flow they can create. Koukun gives a case study in this episode of how he's been able to achieve over $2000/month positive cash flow on one of his student rentals and he has others just like it. Koukun discusses issues surrouding management, tenant turnover and how to optimize your student rental to make it more appealing to potential tenants. You won't want to miss this episode!

iTunes and Android Listen Links:

https://linktr.ee/theandrewhines

Hamilton REI Meetup Link: http://tiny.cc/j1dk5y

OREC Event Link (April 2019): http://tiny.cc/orec-tahreip

Key Contacts

Koukun Unosawa: on Instagram https://www.instagram.com/koukun.rei.coach

or on youtube https://www.youtube.com/channel/UCYw3UfPsEqxvSI8_449oCYQ

Andrew Hines: on Instagram: https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines

Specific Topics Covered

* Investing in student rentals* student rental management* finding join venture partners* furnishing your student rentals* how to optimize your student rentals in terms of common area and bedrooms* how to deal with tenant turnover and showings* creative strategies for increasing rents and creating tenant bidding wars

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E016, Mat Piche shares his unique story about being "The Fruitful Investor". What does that mean exactly? Well to start, he's a joint-venture loving investor in over $8 million of real estate assets and over 20 different properties. Mat's a self-proclaimed 'hippie', plant-based eater and world traveling realtor that's focused on 'home', which is Kitchener-Waterloo for him.

Mat preaches "boring" over exciting because he knows that real estate investing is a 'get rich slow' model and he and his investors are all on-board with the approach and expectation. Tune in for a few creative strategies and many gold nuggets because this guy has got some fantastic systems!

Key ContactsMat Piche on YouTube - https://www.youtube.com/channel/UCsUM_ZcpCv7WAL-hmhrkPqw on instagram - https://www.instagram.com/matpicheAndrew Hines on instagram: https://www.instagram.com/theandrewhines or on Facebook https://www.facebook.com/theandrewhines

Specific Topics Covered in this Episode:

* Finding joint venture partners* managing a personal brand and social media presence* finding off market real estate deals* managing trades, tenants, employees and property managers* renovation budgets and where to spend* kitchen and bathroom renovations* how to flip a property quickly

Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free