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How do you lose a million dollars overnight and recover? In this week’s episode, we learn how this happened to our guest Tim Tsai, Real Estate Investor, Mentor & Coach, and how he recovered.
Tim talks about how the BRRR strategy (buy-rehab-refinance-rent) is one of the best ways to invest and the importance of the process. We also get his take on Private lending vs Borrowing.
In this episode, you will learn about:
- How He Lost A Million Dollars Overnight
- The Importance of the BRRR Process
- Market Strategies
- Private Lending and Borrowing
After retiring at the age of 30, Tim began to pursue another goal and passion of his, helping others who are committed to achieving financial freedom do the same. With the help of Rich Dad Education in Canada, Tim successfully became financially free 2 years after his first training.
In the past few years, Tim has built cash-flowing portfolios in Canada, the US and the UK, using a variety of strategies – income properties, lease options (both residential and commercial), creative financing, flip, wholesale, infill development, mobile home parks, etc.
Tim has learned the power of connecting people firsthand and helping others reach their goals. This has been the core concept of his business model. Today, he is passionate about paying it forward and helping others reach their financial goals and increase their financial education through real estate investing.
Get in touch with Tim:
Email: tim@trustyourtalent.ca
This episode has been brought to you in part by;
Wyse Construction wyseconstruction.ca
US Properties US Properties
Midterm Rentals https://sarahlarbi.com/mid-term-rentals/
