March 2, 2020

Building Multiple Income Streams in Real Estate with Sandy Mackay

Discover how the BRRR strategy has given Sandy his biggest advantages as an investor, find out how to create multiple revenue streams for your real estate investing business through ancillary revenue opportunities, and learn about real estate marketing s...

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Property Profits Real Estate Podcast

Discover how the BRRR strategy has given Sandy his biggest advantages as an investor, find out how to create multiple revenue streams for your real estate investing business through ancillary revenue opportunities, and learn about real estate marketing strategies to find motivated sellers and get them calling you, and much more.

 

Resources/Links

Summary

Sandy Mackay is an investor and business owner based in Hamilton, Ontario.  He has worked on hundreds of real estate transactions since 2011 both as a realtor and investor.  Sandy’s main focus is providing a world-class real estate experience of buying or selling property for his clients.    In this episode, Sandy shares his journey in real estate, the ins, and outs of the business, and the various real estate business strategies he has implemented to create multiple income streams. 

Topics Covered: 

  • 01:45 – How Sandy got involved with the real estate industry 
  • 06:05 – Marketing strategies he used to find motivated sellers 
  • 08:28 – Why wholesaling is disadvantageous in Canada 
  • 10:21 – Some more ancillary businesses he got and planning himself to get into 
  • 15:43 – How his podcast came about and what is it about 
  • 19:02 – What trainings do they offer 

Key Takeaways: 

“We did a lot of guerrilla marketing kinda grind type work. We would go out on a Friday and throw up some signs as we still see the bandit signs these days. That got us, that got the phone ringing.” – Sandy Mackay 

“My wife runs our property management team full time. It’s a tough business. Like, it’s a really tough one. Complaints coming from both sides of it, the tenants, you can only do so much because ultimately you’re just the middleman between the landlord and the tenants. But, it’s been good. She enjoys it. She’s built a great team there. And that’s really what comes down to, having great people around you. You can really make any business pretty fun. I think as long as there are great people. And you’re doing something you believe in.” – Sandy Mackay 

“Real estate podcast has been a great lead generation tool. It’s been a great platform to help others give value and help them succeed. And you know, obviously, by helping others get what they want, you’re going to help what you get.” – Sandy Mackay 

Connect with Sandy Mackay: 

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