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Britta Hild started in the world of real estate investing in 2011 purchasing a 5 unit building in Toronto. Having only previously bought a primary single unit residence she was unprepared for the added work to close the deal and handling the day to day life of a landlord. She quickly learned about property management, renovations and tenant relations through doing these tasks on her own.
Guest: Real Estate Investor and Landlord, Britta Hild
Britta started in the world of real estate investing in 2011 purchasing a 5 unit building in Toronto. Having only previously bought a primary single unit residence she was unprepared for the added work to close the deal and handling the day to day life of a landlord. She quickly learned about property management, renovations and tenant relations through doing these tasks on her own.
These early real estate investing challenges did not deter her, rather they served as great lessons for Britta when she pursued a subsequent joint venture in Hamilton with another multi-unit property because of the benefits of having more doors in one building.
The current market in the GTA is changing rapidly and it is essential to have a plan in place to make sure that your real estate investments are working for you and not the other way around. This was brought home in a very stark way for Britta when her mother fell seriously ill and she was able to look after her full-time knowing her properties were cash flowing.
Never one to tire of talking about real estate investing, Britta understands the concerns, worries and benefits of being a real estate investor and landlord, from financing to renovations to tenants.
You will learn about:
– Benefits of having multiple tenants
– Tips on how to overcome your real estate investing struggles
– Tips on building a solid team
– What new investors should be aware of
– Tips on finding and screening tenants
Get in Touch with Britta: E-mail: britta.hild@gmail.com
“Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis – be sure to mention the podcast! Read more about Dalia by clicking here.
DALIA BARSOUM , MBA Finance
President and Principal Broker , Streetwise Mortgages
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Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want
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