Property Profits Real Estate Podcast

Axel Monsaingeon grew up in the Caribbean, emigrated to Montreal Canada to finish high school. After years in the corporate world and being disillusioned went full time in real estate and it has been one of the best decisions he made.
In this episode, Axel shares his real estate investing strategy that earns him the most revenue. He talks about what properties he buys, how he adds value to put it into the market that earns him a huge sum of profit. 
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode: 
Find out investing differences in the different parts of Canada so you know where you can leverage the most
Discover about the off-market type of property deals that give the most ROI
Find out market growth trends for multifamily properties and how to to value add to optimize earnings potential
Resources/Links: 
Website: https://www.realestateeffect.ca/
Topics Covered: 
01:10 - What kind of real estate investing strategy does Axel focus on
01:24 - The property size he is looking at
01:54 - Where he originally comes from and a little story about his family
04:49 - Major differences between investing in Quebec and other places of Canada
06:08 - Why there is a higher renter percentage in Montreal than in any other places
06:49 - Does he buy the dilapidated property with tenants or no tenants
07:50 - Shares a difficult experience of letting tenants leave the property
09:40 - What the numbers look like for his  properties from purchase, renovation to putting it on the market
11:24 - Axel explains market growth trends of his properties
12:27 - Turning old historical buildings into multifamily properties
15:15 - Mistakes people make when investing in real estate
Key Takeaways: 
“At the beginning, I have to admit, I didn't realize how important the people aspect was. We’re negotiating with tenants -- that’s so important because you have to understand them, their profile, what their objective is. And what is it that triggers them?” - Axel Monsaingeon 
“On the growth trends, I should be able to give you the NOI right off the bat. But, within a 14-month period, we went from 32,000 to 52,000. That's huge.” - Axel Monsaingeon 
“There's a lot more people from Ontario coming because they're like, ‘Oh, my God, Montreal is so cheap.’ But what I would say is, that’s trying to get into too many different things. You gotta just kind of pick one, educate yourself, learn the hard way, and then go a mile deep.” - Axel Monsaingeon 
We are negotiating constantly with everyone, for everything, whether you're doing an acquisition and you negotiate with an owner, whether it's with your tenants, with your contractors and suppliers when you're doing financing and stuff like that. -Axel Monsaingeon
“One of the mistakes I do see is, it's not just valid for people from outside of Quebec coming here. It's also valid for people that are here sometimes investors want to touch too many different segments. You've learned it as well, once you develop a formula, just stick with it, refine it and get better instead of trying to go eat in every pot.” -Axel Monsaingeon
Connect with Axel Monsaingeon:
Website: https://www.realestateeffect.ca/
Facebook: https://www.facebook.com/realestateeffect/
Instagram: https://www.instagram.com/veryrealestateeffect/
LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/?originalSubdomain=ca
Podcast: https://www.realestateeffect.ca/podcast
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/ 
Website: https://davedubeau.com/home 
Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 
Facebook: https://www.facebook.com/thedavedubeau 
LinkedIn: http://linkedin.com/in/davedubeau 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Francois Lanthier is a real estate investor, passive income advocate, and experienced marketing and communications expert. He invests in various Canadian provinces, the USA, and he's now exploring other countries, all with his beautiful wife and kids.
In this episode, Francois talks about his journey in real estate investing, from starting to owning properties outside of Canada in the US. He shares about his ways of financing deals and finding properties that greatly cash flows. 
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode: 
Find out investment properties that give a steady and massive cash flow
Find out capital-raising strategies that grow your portfolio and finance your deals
Learn how to manage and plan investment properties that are both in the US and Canada
Resources/Links: 
Website: https://flhomescorp.wixsite.com/flhomes
Topics Covered: 
01:01 - What made him pursue real estate investing
02:18 - Why he buys properties far from his place
03:41 - What made him invest remotely and buy properties from far away places
04:53 - The kind of properties he owns
05:33 - His capital-raising strategies use
06:27 - What for him is a joint venture
07:12 - How he financed his US deals
07:59 - The kind of properties he invests in the US
08:26 - Is the moneylender he got, American or Canadian
08:34 - How are his properties secured
10:28 - How he handles taxes in both the US and Canada
12:04 - What role does his JV partner play in the business structure
Key Takeaways: 
"Some of my American deals, I think, it's wild. What I did is I got a partner to finance the deal. I'm the partner, the working partner, my partner has no money either, but he's got a high income. Every month, every week, he gets a big paycheck. And so I found a private lender to lend us the money. And my JV partner pays the interest on that money and for a share in the deal." - Francois Lanthier
"There's so much going on for Monckton, and I bought several properties there and they have cash flow tremendously, and you can do some really great stuff." - Francois Lanthier
"We just learned about using OPM and how you get investors and how to raise capital. So that's one strategy we used. And it's been excellent. And it continues to this day with podcasts and social media, email marketing. I would like to do more in the future, and also joint ventures." - Francois Lanthier
"It's all proper strategy, and again, planning. So that's a big thing. If you plan on moving to the States, which I don't. But some people do, then the planning needs to be very different because of taxation. There are some advantages if you're American, or like on a visa of some kind, but you need to plan accordingly as well." - Francois Lanthier
"Just so before we forget here, I did retire at age 40. So that's another reason why I did all this, and my wife is joining me. She's going to be 40 when she retires as well." - Francois Lanthier
Connect with Francois Lanthier: 
Website: https://flhomescorp.wixsite.com/flhomes
Instagram: https://www.instagram.com/fl_homes_corp/
Facebook: https://www.facebook.com/FLHomesCorp
YouTube: https://www.youtube.com/channel/UCcPBtxhWjBkTVI2mhZkMWcQ
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/ 
Website: https://davedubeau.com/home 
Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 
Facebook: https://www.facebook.com/thedavedubeau 
LinkedIn: http://linkedin.com/in/davedubeau 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

David Sorel is a real estate investor. Together with his wife, they have been actively involved in British Columbia area real estate investing for many years. They have a mission to provide quality housing for quality tenants while at the same time providing an above-average return on investment (R.O.I) for their investor partners and themselves -- truly a win-win-win way of investing!
 
In this episode, David talks about the enormous benefits of investing in small-type apartment buildings and real estate, in general, versus any other types of investments. He mentions how promising investment opportunities in Western Canada are due to people's lifestyle choices in work and personal life.
 
What you'll learn from today's episode:
 
Find out the significant advantages of investing in small apartment type buildings over any other real estate investment types
Learn how real estate investing fares well during economic ups and downs versus any other kinds of investment deals
Discover markets that offer optimistic opportunities for investments considering the economic fundamentals they possess
 
Resources:
Website: https://dcsorel.com/
 
Topics Covered:
 
01:16 - When his interest in real estate started and why he moved to real estate after trying different kinds of investments
03:41 - Advantages of real estate against all other investment vehicles
07:37 - Why is he focusing on small-type multifamily properties over other real estate investment strategies
10:20 - The reason for a positive investment outlook in Western Canada
11:26 - Why a bright market in British Columbia
14:04 - David's biggest strength as a real estate investor
16:00 - Why active real estate investing is not for everyone
 
Key Takeaways:
 
"When times are good, everything is fine for all kinds of investments. But when you have bad times, what is fantastic about real estate is that you just get paid for waiting for your investment to increase in value. "- David Sorel
 
"The advantage of real estate is that it's a protection against inflation. Even if it goes down, at some point, it won't just fall; it will always go back up, and even increase in value." - David Sorel
 
"The reason for that [investing in small-type apartment buildings] is that I have more control with this kind of investment. I can also add multiple sources of income. We don't want to be at risk; we want something sustainable. And for the long term, we are not shooting for just a one-shot deal. We want to last in the business. And what is interesting is that there are a lot of benefits, like tax benefits. It's a good way to invest our money and keep it safe." - David Sorel
 
"The economic systems, the bank system is totally different in Canada from Europe. I come from France. Here you've got the opportunity to refinance your property. We are forcing equity, and then we will refinance the deal. And this will allow us to invest in our portfolio. You cannot do this in Europe." - David Sorel
 
"Real estate investing is not just about finding properties and buying properties. And it's really about a team. Our strength is in the fact that we built our network. We've got a team; a strong team of professionals who are reliable and who know about real estate." - David Sorel
 
Connect with David Sorel:
 
Website: https://dcsorel.com/
 
Connect with Dave Dubeau:
 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau

Chris Forsythe is the Vice President of Joplin Area REIA – a newly-revived REIA in Missouri, U.S. that came back this year after its initial group dissolved during the first few months of COVID. Chris is deeply passionate about creating relationships with people that last for a lifetime through real estate investing. For him, real estate is people’s common ground that connects everyone regardless of what one can bring to the table.
 
In this episode, Chris shares how Joplin Area REIA reached its downfall when COVID hit the world and eventually came to a point of existence again after more than a year.  Here, he reminds people that regardless of the industry you’re in, as long as you have the passion to connect with people, joining a REIA is indeed possible. Chris also talks about how being open allows members to be of more help to each other especially in this hard time.
 
What you’ll learn in just 16 minutes from today’s episode:
 
The importance of opening up and volunteering in terms of building relationships in real estate investing
Why real estate is a good place to create connections that can last for a lifetime
Why people who wants to join a REIA doesn’t necessarily need to be a real estate investor
 
 
Resources:
 
Website: https://www.joplinareareia.com/default.aspx
 
Topics Covered:
 
01:01 – The first group of investors, that group’s shut down, and how Joplin Area REIA came back early this year
 
02:09 – Demographics and current population of Joplin Area REIA in Facebook and the state
 
04:18 – What inspired him and the members to keep the REIA going
 
05:51 – Being connected to people of different expertise because of REIA and learning from people’s failures
 
07:25 – You don’t necessarily have to be an investor. You just need to have passion for connecting with people
 
09:44 – Getting the most out of your REIA experience
 
13:38 – Talking about the events/meetings they’ve been doing this pandemic
 
14:56 – Get to know more about Joplin Area REIA through this link and number
 
 
Key Takeaways:
 
“Cool thing about real estate is you can connect with people and put deals/relationships together that last for a lifetime.” – Chris Forsythe
 
“Sometimes, it’s not only what their successes have been. Sometimes, it’s really where they failed in. Not only are there a lot of successes, but there can be a lot of failures too. Sometimes, I learn from watching other people’s failures.” – Chris Forsythe
 
“You don’t necessarily have to be an investor to start a group. You can [just] have a passion for connecting with people. Real estate is kind of a common ground for people. It’s truly a great way to connect no matter what you bring to the table.” – Chris Forsythe
 
“There’s something to give no matter what you bring into the room. Bring value first.” – Chris Forsythe
 
“When you open up and start sharing, it’s gonna come back.” – Chris Forsythe
 
 
Connect with Chris Forsythe:
 
Email: chris@chrisforsythe.com 
Website: https://www.joplinareareia.com/default.aspx
Office No.: 620.231.6460
 
 
Connect with Dave Dubeau:
 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Kim Tucker is the Executive Director of Mid-America Association of Real Estate Investors (MAREI) – a trade association for Real Estate Professionals based in the Kansas City Metro Area.
MARIE started operating in 2004. Now, they have about 600 paid members, with about another 400 who think they are members, just are not current on dues.
 
In this episode, Kim shares how MAREI started and later on grew into a thousand-member group. Here, she talks about the difference between pre- and during pandemic scenarios that have undoubtedly brought huge growth to MAREI, as well as the importance of a good network in this field.
 
What you’ll learn in just 17 minutes from today’s episode:
 
Discover how good of a game changer a stager is in terms of growing your community in the real estate field;
Learn about the link ‘after the meeting’ communication brings in achieving closed deals and you discovering more things;
Things that used to be impossible back then but are now possible in a positive manner because of this pandemic
 
 
Resources:
 
Website: http://www.marei.org
 
Topics Covered:
 
01:13 – How Mid-America Association of Real Estate Investors (MAREI) came into existence and is now continuously growing through Kim Tucker and its members
 
05:29 – The no. 1 benefit of being part of a REIA is the other members
 
07:44 – Stepping up and taking a more active role’s benefit to one’s experience in a REIA; how things get better as you take opportunities and get involved
 
10:36 – Changes they needed to face as this pandemic happened
 
12:18 – Experiencing and adjusting to challenges that concern moderating both live and on-line meetings
 
15:15 – Join MAREI’s Facebook group to know more, especially if you’re interested on buying houses / properties in Kansas City
 
 
Key Takeaways:
 
“It’s not just about who you know; it’s who the people you know know.” – Kim Tucker
 
“It’s all about the people. When people show up, then that’s a great reward, but when nobody shows up, well then, I’ll probably stop doing it.” – Kim Tucker
 
“The no. 1 benefit of any REIA or any club you go to is the other members.” – Kim Tucker
 
 
Connect with Kim Tucker:
 
MAREI’s Website: http://www.marei.org
MAREI’s Facebook Group: http://www.marei.org/facebook
Email: kimatmarei@gmail.com
Email: kcmohomebuyer@gmail.com
Phone: +1 913-208-3544
 
Connect with Dave Dubeau:
 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 
 

Martin Perdomo, "The Elite Strategist", is a real estate Investor since 2007. He is also the Host of Latinos in Real Estate Investing Podcast and the RealEstate Investors meet-up in Northeastern PA. Martin Teaches that success in Real Estate is 80% Mindset 20% Skillset which equals 100% success; if you work on your mindset first, success will inevitably follow.
In this episode, Martin shares how you can achieve the 80/20 formula of 80% mindset and 20% skill set. His real-life experiences running his real estate business strongly depict that formula. He also talks about overcoming fear and negativity to get started and continue your real estate business journey amidst challenging times. 
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode: 
Find out the four things you need to be doing in your real estate business to make progress
Learn about the mindset strategies you can do for your real estate business to get you started and keep you going
Learn about tips on how you can build a strong mindset of a true real estate entrepreneur, so you overcome challenges as you go about your entrepreneurial journey
Resources/Links: 
Website: https://stroudsburgrei.com/
Topics Covered: 
01:26 - The two different strategies Martin is focused on in his real estate investing
02:11 - How Martin realized the 80/20 formula in running his real estate business
03:58 - What you need to have to 'kill it' in the real estate business
05:22 - The biggest challenge for most people in getting started at anything
06:08 - The four things in real estate you need to be doing
08:08 - Taking a look at the different mindsets between the poor and rich people
10:17 - How you can remove negativity in your system 
11:17 - What he highly recommends to overcome negativity
11:57 - How do you put yourself around higher thinking people?
13:30 - How he started building a mindset of a true entrepreneur
14:00 - What does mindset strategies have to do with real estate business
16:08 - What stories are you tellingng yourself?
16:17 - Lessons you can learn from Martin's real-life experience of his first flip property
 
Key Takeaways: 
"I believe in modeling excellence; I believe in modeling successful people. I needed something to model on because you can't scale doing it all yourself." - Martin Perdomo
"Here's the top of the funnel, which is what I call the top of the funnel, the bottom of the funnel, which is, what are your lead indicators and your lag indicators in your business? Once you understand that, you know where to put your time." - Martin Perdomo
"This is most people's biggest challenge in winning and succeeding is the fear of the unknown." - Martin Perdomo
"You need to be doing these four things. And those things are putting offers, closing on deals, executing on the deals that you close, executing on your business plan, and raising capital. If you're doing those four things, as an investor, you're going to make progress." - Martin Perdomo
"The first thing I tell people is, look at your circle. Who is in your circle? Who are you talking to? Who are you listening to? What are you watching? And who is around you? Who are you intentionally being around? Are you around people that want to talk about other people and gossip and all that stuff? Or are you on other people that want to talk about ideas and ways to improve yourself?" - Martin Perdomo 
Connect with Martin Perdomo: 
Website: https://stroudsburgrei.com/
Podcast: https://www.buzzsprout.com/1150451
Facebook: https://www.facebook.com/theelitestrategist
LinkedIn: https://www.linkedin.com/in/martinaperdomo/
Instagram: https://www.instagram.com/elitestrategist/
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/ 
Website: https://davedubeau.com/home 
Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 
Facebook: https://www.facebook.com/thedavedubeau 
LinkedIn: http://linkedin.com/in/davedubeau 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Alan Chantker is the President of Mid-Atlantic Real Estate Investors Association (MAREIA). He and his Co-President Beth Marsie-Hazen have been leading this club for 20 years. Their model mainly focuses on providing 3Es – Education, Encouragement, and Ethics. Alan and the team aim to help people create harmonious relationships you can’t develop by just sitting at home and going all online.
 
In this episode, Alan talks about MAREIA – the association he has co-founded with now MAREIA’s Vice President Beth. Here, he discusses how beneficial it is for people to go out and make connections in person, and debunks myths about REIAs creating more space for competition in relation to its members.
 
What you’ll learn in just 20 minutes from today’s episode:
 
Why it is more effective in terms of growth in real estate to go out there and meet people real time
The power proper guidance brings to a passionate entrepreneur
Understand why REIAs aren’t places of competition
 
 
Resources:
 
Website: https://www.mareia.com/default.aspx
 
Topics Covered:
 
01:09 – MAREIA celebrates its 20th year with its 300 members
 
02:45 – Diversified MAREIA: Talking about the good mix of its members
 
04:51 – Debunking the do-it-at-home-and-online myth: Getting out there to make real connections with the world
 
07:53 – Discussing cases of people thinking REIAs only create more competition and explaining why that’s untruthful
 
10:05 – Alan shares a story of someone who became successful after engaging in a rehab with Beth
 
12:36 – Adjusting to this pandemic’s circumstances
 
15:53 – Talking about the groups MAREIA has and their practices on meetings
 
18:11 – Connect with MAREIA to learn more
 
 
Key Takeaways:
 
“People think they can do it on their own.” – Alan Chantker
 
“A lot of people nowadays – unfortunately, I call them the youngsters – think that you can just sit at home because you can order anything online. They think you can do your wholesaling online. While I know that there are some people who do virtual wholesaling or virtual real estate, I really think that you can only do that if you’ve gotten your feet wet with being out in the real world, talking to real sellers and buyers and everybody else. As human beings, we’re called social animals. We do need to get out there.” – Alan Chantker
 
“Unless you’re surrounded by a lot of positive people telling you ‘go ahead and do the real estate’ which is really rare, it’s hard on a day-to-day basis to keep it up because it does take a while to get the business off the ground. Having that encouragement in meetings is very important to keep your spirits up.” – Alan Chantker
 
 
Connect with Alan Chantker:
 
Email: alanc@mareia.com
MAREIA’s Email: hello@mareia.com
Website: https://www.mareia.com/default.aspx
Office Number: 443-738-3600
 
Connect with Dave Dubeau:
 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Tyler Austin is a husband, father, former Air Force serviceman, 7-figure real estate investor, and the founder of REISift, a bootstrapped SaaS in Proptech helping real estate investors scale their sales and marketing. Within two years, he'd built a successful investing business that broke him out of debt, freed him from his W2, and allowed him to follow his entrepreneurial dreams. Now, Tyler spends most of his time creating software and systems that help real estate professionals optimize and execute high-ROI marketing campaigns.
In this episode, Tyler talks about how the software he built and developed helps him buy back time for his business and grow it into a seven-figure real estate business. He shares how any type of real estate investor can leverage the system to grow theirs as he did with his own.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you'll learn in just 17 minutes from today's episode: 
Learn how to build a streamlined process that saves you as many expenses and earns you more revenue
Find out how to create KPIs and start building predictability in your business in a very cost-effective way
Learn how to be a seven-figure real estate business even when operating even under a small market or population base
Resources/Links: 
Website: https://leadstomillions.com/
Topics Covered: 
01:02 - How does technology buy back time for his real estate business
02:26 - Talking about how the software he develops helps him increase his real estate revenue
05:47 - How you can generate leads and deals if you are a newbie real estate entrepreneur
08:03 - What is 'skip tracing'
11:35 - Explaining what sequential marketing is
13:32 - Creating a decent business even with a minimal population base
15:42 - Why he still believes in making the wide approach in marketing
16:42 - On being a huge proponent of direct mail
17:27 - What types of real estate investors can make use of the system he develops 
Key Takeaways: 
"First and foremost, one of the most important things about technology is time buyback. But besides buying back time, it's buying back money. But, one of the most dangerous things about technology is the ability to overspend on that buyback drastically." - Tyler Austin 
"It's most important to understand who you're not reaching, not who you are reaching so that we can choose a different marketing strategy to be able to reach out to them." - Tyler Austin
"Everybody needs a place to stay no matter what the population is; properties are always being bought and sold. And as long as you always focus on the most efficient way possible, you can make it really predictable, and you can make sure that you're not spending a ton of money to find that answer out."- Tyler Austin 
Connect with Tyler Austin: 
Website: https://www.reisift.io/
YouTube: https://www.youtube.com/c/REISift
Facebook: https://www.facebook.com/groups/reisift
Instagram: https://www.instagram.com/reisiftapp/
Connect with Dave Dubeau: 
Podcast: http://www.propertyprofitspodcast.com/ 
Website: https://davedubeau.com/home 
Investor Attraction Workshop: http://www.investorattractionworkshop.com/ 
Facebook: https://www.facebook.com/thedavedubeau 
LinkedIn: http://linkedin.com/in/davedubeau 
Enjoyed the Podcast? 
Please subscribe on iTunes for updates

Cory Beattie is an experienced Chief Financial Officer with a demonstrated history of working in the construction industry. He is skilled in Real Estate Financing, Commercial Real Estate, Corporate Finance, Managerial Finance, and Mergers & Acquisitions. Strong professional with a Bachelor's Degree focused on Business/Commerce, Major in Accounting With Distinction from the University of Alberta.
 
In this episode, Cory shares the most significant advantages of having multifamily over single-family properties and how it serves you well whether the economy is up or down. 
 
What you'll learn from today's episode:
Find out the many ways you can earn from real estate more than in any other asset investments
Find out what investment portfolio gives you a way to manage risk
Discover what massive benefits this investment class provides
 
Resources:
Website: https://corybeattie.com
Topics Covered:
 
00:40 - His primary investment strategies and the deal size 
01:09 - Number of years he's been in real estate and what led him to invest in real estate
02:18 - Different profit centers you can earn money from real estate 
03:19 - Why multifamily over single-family
03:43 - How is that risk spread all over other units in multifamily
04:54 - Other big advantages of multifamily
05:35 - Multifamily in terms of efficiency of scale and cost-effectiveness
07:23 - Increasing the value of a property and having that exponential growth exit
10:41 - The line item that banks love to see in multifamily properties
11:00 - Which market location do they find multifamily deals and why this location is looking positive and is an attractive one
12:42 - What makes it a recession-proof investment portfolio
13:42 - One thing that's making him unique and stand out in his real estate business
15:54 - The biggest lesson learned in all the years he's been in the real estate industry
 
Key Takeaways:
 
"The number one thing that attracts me to real estate from an investment point of view is the passive nature of it in the sense that compared to things like the stock market, which are a lot more volatile, real estate, to me has always been more manageable risk, more calculated risk. And that's something I'm a lot more comfortable with." - Cory Beattie
 
"The other thing that interests me about the industry itself is that there are so many different ways that you can get involved in so many different ways that you can actually make some money and make a living." - Cory Beattie
 
"Multifamily is a nice way to spread your risk, because if you compare that with single-family, all your eggs are in that one basket in that one house." - Cory Beattie
 
"Right now, there's actually a lot of really attractive financing for multifamily. Believe it or not, you can get sub-four and sub-five interest rates. I can't think of a better time to get involved with that type of investment. It's quite attractive compared to what I've seen in the last ten years." - Cory Beattie
 
"The number one thing for people to keep in mind is that, for me, the biggest lesson I've learned is you always have to have an exit strategy in mind." - Cory Beattie
 
"I think it's great for everyone to have some real estate in their portfolio simply because of the returns. But on the flip side of that, it's not necessarily for everyone in terms of being hands-on." - Cory Beattie
 
Connect with Cory Beattie:
 
Website: https://corybeattie.com
Email: cory@corybeattie.com
 
Connect with Dave Dubeau:
 
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau
 

Ed Matthews is the Director of Marketing & COO of CTREIA. CTREIA was founded in 2004 and is the largest real estate investors and apartment owners association in the Northeast. Together, CTREIA and its people provide motivation, networking, funding, insurance, and coaching for investors in Connecticut and throughout the US.
In this episode, Ed shares his experience with CTREIA – what inspired him to be part of it, what he loves about the work that they do, and the fast-growing community they have right now in the middle of this pandemic. He also talks about the quick transition they had from traditional meetings and now diving into the wonders of the digital world.
 
What you’ll learn in just 14 minutes from today’s episode:
Learn about the things CTREIA can help you with in order to have your first / next property;
Discover how you can grow your community in the middle of this pandemic;
Valuable insights you can apply in your real estate practice as we transition from traditional meetings to digital ones
 
Resources:
Website: https://www.ctreia.com
 
Topics Covered:
 
00:58 – CTREIA: The fifth largest REIA in the country with over a thousand members and about 12 thousand people coming in and out each month
01:45 – Starting as a networking organization then later on growing into a mentoring one to help numerous ‘dreamers’ across the country
03:08 – CTREIA’s current situation in relation to the pandemic: a blessing in a curse
04:15 – Doing more meetings and filling their calendar make it more interesting by the day
06:44 – Spending 10 years in CTREIA and how wonderful of an experience it is
08:09 – Ed being thankful for the things he can do now because he is part of CTREIA
10:50 – Seeing how CTREIA’s community grows throughout the years
12:05 – CTREIA’s plans for 2022
 
Key Takeaways:
 
“We’re all reading the same book; it’s just that some of us are a few chapters ahead.” – Ed Matthews
 
“As our CEO says, it’s very difficult to be in a meeting business when you can’t meet. So, we fully embraced the digital world, and fortunately, we’re able to not only keep our members’ appetite for information satiated, but we also grew our membership over that time as well which is really exciting.” – Ed Matthews
 
“We’re trying to fill our calendar and serve our membership so that when someone says their hand and says I’m ready, we got quite a bit of resources that they can access.” – Ed Matthews
 
Connect with Ed Matthews:
Email: ed@ctreia.com
CTREIA’s Website: https://www.ctreia.com
CTREIA’s office number: 860-265-4414
 
Connect with Dave Dubeau:
Podcast: http://www.propertyprofitspodcast.com/
Website: https://davedubeau.com/home
Investor Attraction Workshop: http://www.investorattractionworkshop.com/
Facebook: https://www.facebook.com/thedavedubeau
LinkedIn: http://linkedin.com/in/davedubeau