#103: Let's Cut Through The Bullsh*t Real Estate Talk w/Jared Hope

Gary chats this week with Jared Hope of JK Coaching, an investor with over 16 years in the trenches, and he’s developed a no-BS approach to real estate investing! Jared has owns over 150 properties and has performed over 500+ transactions all across Canada. Jared and his wife Krista are a power team, and have learned the right and wrong way to invest, making many mistakes! Jared is also a coach and podcast host, and this chat with Gary details his struggles AND successes as an investor, and will appeal to both new and seasoned investors!

WHAT YOU’LL LEARN:

• What made his wife Krista suggest they get into real estate investing
• What Jared’s and Krista’s parents approach to life and work impacted them
• What Jared thought of his first real estate investing seminar with Don Campbell of REIN
• Why he skipped the last day but his wife stuck around, and how that changed everything
• Why an investment club CRUSHED their investment goals
• Why his ‘judgement’ of others at these clubs CHANGED everything
• Rich Dad, Poor Dad is the key
• His first house was a disaster, SO many mistakes
• He bought 3 houses his first year, 11 in the second year, and 64 in the third year!
• Why it’s important to vet your mentors - many are coaches or mentors and have NO properties of their own
• Why his dad turned him down for a Joint Venture, and why Jared did it anyway!
• Why trust is everything, and why he failed as a salesperson initially until he started BUILDING relationships, NOT selling
• Why coaches and mentors help to REDUCE fear in new investors
• Why his first coaching client was sold on his services and offered $750,000 for investment cash for 10 or 11 JV properties
• Why this JV experienced issues, and how Jared and Krista bought out the investors
• Why the recession of 2008-2009 caused him to lose $18,000 a month!
• You MUST be clear on WHY you’re getting into investing
• ROI vs. ROT = Return on Investment morphed into Return on Time, build a quality life
• Why Jared challenged his ‘Upper Limit Thinking’
• What lead Jared to be driving a $110,000 Porsche 911 but have a $140 grocery bill declined on THREE cards!
• How Jared and Krista AVOIDED bankruptcy, tore down and rebuilt their portfolio for properties they wanted, not what were told to buy
• What is Jared’s BIGGEST FEAR!
• And MORE!

Jared’s Bio

With over sixteen years of in-the-trenches experience, Jared has developed a no bullsh*t approach to real estate investing that makes it simple for anyone to own money-making income properties. His serious wealth of expertise comes from extensive ownership of over 100 properties and 400+ real estate transactions across Canada. Together with Krista, he has learned all about the right and wrong properties to invest in by making every mistake in the book. 

For his clients, Jared gives practical, relevant and action-focused advice that they actually understand and can use when making investment decisions. Jared throws the cookie-cutter textbook approach out the window by personally digging into each client’s portfolio and investment hang ups.

Resources:

The Big Leap: Conquer Your Hidden Fear and Take Your Life to the Next Life - Gay Hendricks

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!- Robert T. Kiyosaki

Website/contact info for guest

Web: https://jkcoaching.ca/

Facebook: https://www.facebook.com/jaredandkrista

Instagram: https://www.instagram.com/1bitcoin.ca/

This episode proudly sponsored by Property Pathways - https://www.propertypathways.ca/

Property Pathways is an investor-focused architectural design service provider that specializes in secondary suite conversions throughout Ontario. We'll assist in developing a strategic design and renovation plan that will get the most out of your investment property.

 

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Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

To learn more about Gary’s mentorship program, visit https://garyhibbert.ca

Tags: #investing, #mindset, #bitcoin, #mentoring, #investmentclub, #mentor, #DIY, #investorlife, #learning, #lifestyle, #passiveincome, #richdadpoordad, #bankruptcy