Doug Meyers is a former mining engineer who used real estate investing to provide the income to leave his previous full-time employment. This gave him the opportunity to pursue other passions and business interests with his full attention. He has a portf...
Doug Meyers is a former mining engineer who used real estate investing to provide the income to leave his previous full-time employment. This gave him the opportunity to pursue other passions and business interests with his full attention. He has a portfolio of condos, duplexes, and triplexes across Western Canada, and is a partner in an active flipping business in Saskatchewan.
An award-winning investor and Keyspire Success Story, Doug is the host of RevNYou’s very own RevNYou with Real Estate Podcast where he interviews real estate investors in all walks of life. He is also the host of The Grow Give Expand Podcast, where he speaks with entrepreneurs and business owners, uncovering the personal practices and systems that help them live successful, meaningful lives.
In this episode, Doug shares how he left a good-paying job as a mining engineer to pursue a real estate business full time. And how he has never looked back since as he enjoys owning a portfolio of different properties and impacting other's lives, as well.
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What you'll learn in just 17 minutes from today's episode:
“And here are some things that you can do to purchase more property -- learning about joint ventures, learning about private lending and borrowing, learning how to create a deal as opposed to just going on the MLS and hoping to find something. That's what I did. We doubled the portfolio within a matter of a year. That was my goal. So, I went from three to six properties and did it in a variety of ways.” - Doug Meyers
“I'm not perfect at it by any means, but having good communication with your tenants where something's going wrong. You're very civil and how you communicate, you're very fair. And I think that alleviates a lot of the problems that are otherwise caused by being a manager from afar.” - Doug Meyers
“For me, it's been about finding people to help do the things that I can't do physically. So, it's finding tenants. Personally, I don't have a problem with the afar management of taking calls and all those kinds of things.” - Doug Meyers
“When it comes to doing a move-out inspection, or moving inspection and doing showings, that's where for me, it's about establishing a relationship with somebody who can do those activities paying them to do so, and then they come into my loop. And I think it highlights the importance of just having really good communication.” - Doug Meyers
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