Building a Market Resilient Real Estate Portfolio
Listen now
Description
Many real estate investors are caught in a cycle of impulsive actions, such as hastily buying properties without conducting thorough due diligence or succumbing to the allure of quick profits without considering long-term stability. As a result, instead of achieving the desired stability and balance in their investments, they face significant financial losses and a constant sense of unease. Kellan James is here to share insights on breaking free from this detrimental cycle and adopting effective strategies to mitigate risk and achieve the stability and balance you crave in the current market. In this episode, you will learn about:  * Transformative real estate investment paths designed to change your financial outlook. * The trick of identifying undervalued treasures and striking gold with lucrative deals. * Insights of unconventional financing opportunities and symbiotic credit union alliances. * New investment heights using credit union adaptability as a launching pad. * The art of safeguarding your investments in any market scenario, establishing a robust balance and stability. With a dynamic approach and a penchant for outwitting volatile market trends, Kellan James is a real estate investing expert who began cultivating his portfolio in 2016. His first investment was a duplex, which funded the genesis of his impressive portfolio that would grow to hold 84 units, all using his own capital without any Joint Venture partnerships. He employs the BRRR strategy and continually hones his craft by locating hidden gem deals. His immersion in the rental property market has given him a keen understanding of utilizing credit unions for financial dealings and flexibility. Adept at spotting unique investment opportunities and mitigating market risks, Kellan’s knowledge bank runs deep. His journey is infused with a healthy balance of calculated risks and stability, making him an inspiration for fellow investors. Key Moments in this Episode: 00:00:00 – Introduction, 00:00:18 – Kellan’s Real Estate Investing Journey, 00:01:44 – Scaling to 84 Units Without Joint Venture Partners, 00:04:26 – Working with Credit Unions, 00:09:54 – Finding and Choosing a Credit Union, 00:12:32 – Qualifying for Financing without a T4 Job, 00:13:31 – House Hacking and Airbnb, 00:15:14 – Building a Flexible Structure, 00:17:34 – Mitigating Risk in a Changing Market, 00:20:52 – Planning for the Future, 00:25:31 – The Impact of Selling on Rental Stock, 00:26:17 – Holding Power and Cash Flow, 00:27:42 – Strategies for Real Estate Investors, 00:32:26 – Long-Term Buy and Hold Strategy, 00:34:54 – Favorite Real Estate Investing Books, 00:37:59 – Introduction and Contact Information, 00:38:06 – Website Information, 00:38:27 – Technical Difficulties, 00:38:40 – Closing Remarks, 00:38:51 – Conclusion, This episode has been brought to you in part by: * Dalia Barsoum, Streetwise Mortgages – https://streetwisemortgages.com  * Mid Term Rentals – https://midtermrentalproperties.com  * Wyse Construction – https://www.wyseconstruction.ca  * US Properties – https://www.usproperties.ca  * Andrew Choubeta – a href="https://caveatlegalservices.cliogrow.
More Episodes
Discover the unexpected secret to entrepreneurial success from a sales expert on the Where Should I Invest Podcast. Prepare for the surprising mindset shift that has pushed businesses to new heights, and learn how to apply it to your journey. Are you ready to embrace failure as a...
Published 05/31/24
Are you curious about the opportunities with additional dwelling units (ADUs) and how to fund your renovations? Join us as Matt Pickering discusses the ins and outs of utilizing National Bank for your real estate investment projects. From financing options to qualification criteria, this episode...
Published 05/18/24