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Many real estate investors are caught in a cycle of impulsive actions, such as hastily buying properties without conducting thorough due diligence or succumbing to the allure of quick profits without considering long-term stability.
As a result, instead of achieving the desired stability and balance in their investments, they face significant financial losses and a constant sense of unease. Kellan James is here to share insights on breaking free from this detrimental cycle and adopting effective strategies to mitigate risk and achieve the stability and balance you crave in the current market.
In this episode, you will learn about:
- Transformative real estate investment paths designed to change your financial outlook.
- The trick of identifying undervalued treasures and striking gold with lucrative deals.
- Insights of unconventional financing opportunities and symbiotic credit union alliances.
- New investment heights using credit union adaptability as a launching pad.
- The art of safeguarding your investments in any market scenario, establishing a robust balance and stability.
He employs the BRRR strategy and continually hones his craft by locating hidden gem deals. His immersion in the rental property market has given him a keen understanding of utilizing credit unions for financial dealings and flexibility.
Adept at spotting unique investment opportunities and mitigating market risks, Kellan’s knowledge bank runs deep. His journey is infused with a healthy balance of calculated risks and stability, making him an inspiration for fellow investors.
Key Moments in this Episode:
00:00:00 – Introduction,
00:00:18 – Kellan’s Real Estate Investing Journey,
00:01:44 – Scaling to 84 Units Without Joint Venture Partners,
00:04:26 – Working with Credit Unions,
00:09:54 – Finding and Choosing a Credit Union,
00:12:32 – Qualifying for Financing without a T4 Job,
00:13:31 – House Hacking and Airbnb,
00:15:14 – Building a Flexible Structure,
00:17:34 – Mitigating Risk in a Changing Market,
00:20:52 – Planning for the Future,
00:25:31 – The Impact of Selling on Rental Stock,
00:26:17 – Holding Power and Cash Flow,
00:27:42 – Strategies for Real Estate Investors,
00:32:26 – Long-Term Buy and Hold Strategy,
00:34:54 – Favorite Real Estate Investing Books,
00:37:59 – Introduction and Contact Information,
00:38:06 – Website Information,
00:38:27 – Technical Difficulties,
00:38:40 – Closing Remarks,
00:38:51 – Conclusion,
This episode has been brought to you in part by:
- Dalia Barsoum, Streetwise Mortgages – https://streetwisemortgages.com
- Mid Term Rentals – https://midtermrentalproperties.com
- Wyse Construction – https://www.wyseconstruction.ca
- US Properties – https://www.usproperties.ca
- Andrew Choubeta – https://caveatlegalservices.cliogrow.com/book
- Inspire Beach Resort – https://inspirebeachresort.com
- Jamil Rahemtula – https://jamilrahemtula.com
Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com
Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/