#98 - From Subsidized Housing to Multi-Millionaire w/Edna Keep

Gary starts off the show by answering the question if NOW is a good time to invest; how to invest; and why ‘cash is trash’ and hard assets are the safest place to be RIGHT.NOW.

Gary chats this week with Edna Keep, a real estate investor for 13 years with an incredible story. Currently, Edna has 600 doors, and will be adding 84 more soon. She became a single mom at 16, living in subsidized housing, and daughter was in subsidized daycare. Fast forward to today, she is a now multi-millionaire investor, coach and inspires others with her story. Her main strategy is long time, buy/hold apartment buildings. Her claim to fame is a $65 million dollar portfolio with OPM - other people’s money. She invests primarily in Canada, but has properties in the US as well. And you can too…

WHAT YOU’LL LEARN:

• Why Edna determined that she would be a success through MINDSET
• Why ‘IMPERFECT action is way better than perfect’
• Why it’s not ‘live within your means’, or ‘you need to budget’
• Why she wanted to be wealthy
• How as a financial planner she would see how well her clients were doing with RE investing
• How Robert Kiyosaki’s training helped her
• Why some financial planners ‘don’t know everything’
• She initially started with her husband, but moved on to JV/partnerships
• How vendor take back mortgages quickly allowed her to buy more properties
• Why upkeep expenses (roofs, heating, plumbing) initially made her focus on condos
• What is the biggest mistake Edna has seen in the multi family market by investors
• Your first investment will be your hardest, but it gets easier
• Why she’s purchased ‘turn key’ and fixer uppers
• Who is Edna getting financing from
• How she has helped her students set up REITs
• The role of DUE DILIGENCE on the purchase process
• WHERE Edna finds co-investors
• Her best advice on how to scale to multi family investment properties
• Why you have to ‘think differently’ when you are using other people’s money and doing multi family
• Why continuing education/learning is VITAL for success
• Edna believes ‘If you’re going through hell, keep going!”
• Why she tells her students you ’can study (investing) until the cows come home, but there’s nothing like a real, live deal!’ TAKE ACTION
• Why Edna offers free Real Estate Coaching Fridays, and Mindset Mondays to her members!
• And MORE!

Edna’s Bio

Edna Keep’s journey from single mom at age 16 – living in subsidized housing with a daughter in subsidized daycare - to multi-millionaire Real Estate Entrepreneur and Coach inspires others. Her major operations are longterm buy-and-hold rentals apartment buildings.

Her claim to fame is a $65 Million real estate portfolio built with “Other People’s Money.”

A proponent of education and inspiration, Edna offers live training with her Free Real Estate Coaching Fridays and Mindset Monday live events on Facebook each week.

Website/contact info for guest

Web: https://ednakeep.com  or https://ednakeep.com/90daysto5k
Facebook: https://www.facebook.com/coachednakeep 

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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 

hashtags for this episode

#realestateinvesting, #poverty, #success, #mindset, #mentoring, #coaching, #millionaire, #multifamilyhomes, #RobertKiyosaki