Gary chats with Jared Henderson, a real estate investor from the Montreal area. Sometimes investors get nervous investing outside where they live, but Jared has had great success as an investor since 2012 in Hamilton, Niagara Falls, St. Catherines and numerous properties in the Peterborough since 2017. They talked about how an investor should not do this on their own, but surround themselves with a core team of talented professionals like tradespeople, that you need to help ensure you DON’T fail. He specializes in student rentals, and Gary and he took a deep dive into the future of student rental space.
What you'll learn:
- Why you need a core team of professionals like tradespeople, lawyers, etc to help ensure you DON’T FAIL
- Don’t be afraid of investing outside of where you live, and HERE’S WHY YOU SHOULDN’T BE AFRAID
- How “Rich Dad, Poor Dad” changed his life
- Why investing in real estate offers more possibilities and benefits than commodities
- How he initially considered real estate investing a part time gig
- Why his first investment property in 2012 was in Niagara Falls
- Why he chose Ontario to invest in
- How he educated himself about the markets he was investing in, to determine WHY his properties were appreciating
- The unique benefits and challenges of investing in student housing
- Why he considers real estate a ‘puzzle’, and when you puts the pieces together it turns into something beautiful
- MOST investors start with ONE property, and how they move to multiple properties!
- What systems he’s put in place to manage his properties from Montreal
- The PROS and CONS of managing properties from another location
- Why You NEED an Investment Focused Realtor!
- How tools like cash flow, proformas, neighbourhood information, vacancies, affordability, jobs, etc. help you determine if you should buy a property
- What is the “evergreen strategy”?
- What are the 3 things to consider with a basement unit?
- Why you need to be aware of the flood plane before you renovate the basement
- And MORE!
Jared’s Bio
Jared is a real estate investor from the Montreal area. Sometimes investors get nervous investing outside where they live, but Jared has had great success as an investor since 2012 in Hamilton, Niagara Falls, St. Catherines and numerous properties in the Peterborough since 2017. He has been focusing on housing for students, but has also gotten into joint ventures.
Website/contact info for guest
Web: www.HatleyFunds.com
Instagram: https://www.instagram.com/jaredh55
Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!
Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca