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Erika Spencer and husband Jay, now both realtors and investors, discovered an interest in real estate investing and made their first moves in 2015, with rent to own properties and then family rentals. They scaled fast, leveraging joint ventures and completing 32 property investments in 32 months!
Guest: Erika Spencer, Real Estate Investor / Realtor
Erika Spencer and husband Jay, now both realtors and investors, discovered an interest in real estate investing and made their first moves in 2015, with rent to own properties and then family rentals. They scaled fast, leveraging joint ventures and completing 32 property investments in 32 months!
Their portfolio now consists of 26 properties with 90% of them being brick bungalows with basement apartments or the capacity to develop them and rather than rapid growth they tend to advocate their coaching clients to build more steadily.
Their investing journey started in St. Catharines and as the Niagara Region has boomed they have tried to stay ahead of the growth curve by looking beyond, investing in Welland, Port Colbourne and also Hamilton.
Erika was nominated as Rising Star of the Year by the Canadian Real Estate Wealth Magazine in 2017. Her focus is now currently building a 4-plex on a severed lot which was possible after buying a bakery. She is looking to get involved more in small and then larger multi-family investments and likely seeing herself getting involved in private lending.
With so many lessons learned in her real estate career to date, Erika has found her experience, knowledge and just do it motto has attracted newer real estate investors who she now coaches and helps find their own journey to success.
You will learn about:
– Scaling your business fast and the downsides
– Lessons learned and mistakes made along the way
– Structuring your JV deals and finding a good JV partner
– Setting up corporations, pros and cons
– From Bakery to a 4-Plex!
Get in touch with Erika:
Email: erika@rockstarbrokerage.com
Niagara REI MeetUp https://www.meetup.com/St-Catharines-Real-Estate-Investment-Club/
“Where Should I Invest” is brought to you in part through the sponsorship and support of the following;
Dalia Barsoum of Streetwise Mortgages.
Contact her to book a FREE Goals Analysis – be sure to mention the podcast when you call.
DALIA BARSOUM, MBA Finance
President and Principal Broker, Streetwise Mortgages
Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255
Mail: 53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900
An award-winning Mortgage Broker, Real Estate investor and financial advisor with over 20 years experience in the banking sector, spanning: Wealth Management, Lending, Strategy and Real Estate.
Dalia holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of Canadian Bankers Association.
She is the author of Canada’s best selling Real Estate Financing Book and an Amazon Best Seller: “Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want”.
Dalia’s lending practice encompasses:
> Strategies: Buy / Hold, Renovations, Construction Financing, Rent to own, and Student Rentals, Flipping, Land development and private lending
> Structures: Corporations, Joint Ventures and Personal Holdings
> Asset Classes: Residential, multi-residential, Commercial, Mixed-use and Land
Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ]
Mail: 53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900
Dylan Suitor of Elevation Realty
Helping a personal record number of families so far this year, I am totally dedicated to offering my “Industry Best” expertise in residential real estate for clients in the Niagara, Oakville, Burlington and Hamilton area. I believe in assisting my clients in every endeavour whether buying a new dream home or selling your latest strategic residential business investment.
By upholding a 0% contract cancellation rate I strive to guarantee your satisfaction by utilizing an extensive knowledge of property renovation and vast network of industry contacts. I will facilitate my customer’s every desire while smoothening the real estate transaction when marketing your properties far and wide.
My team of qualified and totally committed real estate agents will get the job done right! By honing my team of agent’s real estate matching skills through continuous education and professional development, I maintain a competitive edge for the individuals and families we work with. I can safely say that I can ensure that my customers receive the best price for their home; prices they deserve. More importantly, I listen to all my client’s wishes to only deliver those properties that match their needs.
With more than a decade of continuously improving performance and results in successfully helping clients, I have offered the ultimate customer service strategies, met all key goals and deadlines for clients, and negotiated for my clients real winning results. My team of agents have all committed to doing the same.
So here is my promise to you:
“ I guarantee an awesome experience while locating and negotiating the best real estate deal for you, and then I can confidently coordinate your whole moving experience to ensure a stress-free real estate transition. I do this by truly listening to my client’s needs and dreams to help those dreams come true. This is my promise to you!”
Call me today at (905) 592-4220 for a free strategy session to discuss your heartfelt real estate needs.”
Elevation Realty Network
Direct: 905-407-4289
Office: 905-844-7788
