Jan. 22, 2019

Daniel G. St-Jean: Find the People First, Real Estate Is A People Business

Daniel G. St-Jean: Find the People First, Real Estate Is A People Business

Learn how to use the 'other people’s money strategy' to get your capital, discover how to establish yourself as a knowledgeable, connected, trustworthy business person to your network, and know why real estate is considered as the people business.
 
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Property Profits Real Estate Podcast

Learn how to use the 'other people’s money strategy' to get your capital, discover how to establish yourself as a knowledgeable, connected, trustworthy business person to your network, and know why real estate is considered as the people business.

 

Resources/Links

 

Summary

Daniel St-Jean is a professional real estate investor a full-time investor based in the Niagara Falls region of Ontario. He has been in “sales & marketing” in one form all of his adult life. And in the last 25 years, he has bought, started, or sold ten different businesses. He has been a professional photographer, a publisher of educational material, networking member, speaker, trainer, and teacher.

In this conversation, Daniel shares his real estate journey, how he focuses primarily on rent to own deals, how he and his wife Laurel created the ideal real estate lifestyle for themselves. He also dived deep on exactly how he finds people who fund his real estate properties by creating a conversation and keeping the ball rolling to get them on board as investor partners. Enjoy this conversation and get a lot out of it as well.

 

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Topics Covered:

  • 04:03 – How Daniel’s wife Laurel love for wine directed them to the real estate business 
  • 07:16 – Daniel’s shares his real estate strategy 
  • 08:27 – Funding deal number 1 through ‘Other People’s Money strategy 
  • 11:20 – His real estate lifestyle goal 
  • 13:07 – Real estate as a people business, how was he able to raise capital without having a real estate track record 
  •  20:00 – Advice to novice real estate entrepreneur to stand out and close deals 
  • 27:54 – How to establish yourself as a knowledgeable, connected, trustworthy business person to your network 
  • 31:12 – The importance of doing your legwork and prep work to establish your business network 
  • 36:35 – Q: If he lost everything how will he raise funding from scratch if the only thing that is left to him is his knowledge? A: Network. 

 

Key Takeaways:

 

“If you are totally knowledgeable with your widgets but you suck at talking to people, you are not going to sell any widgets.” – Daniel St-Jean

“If I start with the idea that I am going to finance any deals with other people’s money, it immediately tells me that I have zero limits on how many deals I could make.” – Daniel St-Jean

“People invest in you and the deal is really just collateral.” – Dave Dubeau

 

Connect with Daniel St-Jean

 

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