Success with Buy and Hold Real Estate Investing

Edmonton Alberta Fireworks with 100!!!

Podcast Episode 100:

“A Tale of Real Estate Investing Success.”

I’ve been doing Tales from the Trenches for 15 years. These are amazing stories from real estate investors, mostly from Alberta, Canada because that’s where I practice law. Tales began as a segment during meetings of the Real Estate Investment Network (REIN), which I continue to do. And then about 4 years ago, it became a podcast, too.

Lots of those stories are about mistakes made and lessons learned. Feedback tells me you find Tales not only interesting, but also very useful in organizing your own real estate rules and how you invest. I love doing Tales and you love hearing them.

We post Tales on my blog website, where we are at 99 podcasts and counting. The 100th podcast is a big deal, at least in my mind. But, what should I talk about? Fond reminiscing about doing 99 podcasts, how I love the feedback, how many folks we have helped, why that feels good… what to do?

Today the lightning bolt struck. I know what I’m going to say!

Of course, it’s a story. But, instead of a typical Tale about mistakes made and how to avoid those mistakes, this Tale is all about success. It’s all about an approach to real estate investing that has a high percentage chance of creating success. You can up your chances of trouble-free real estate investing by listening to this great story, a very positive Tale from the Trenches.

 

Download the audio file HERE.
Download the handout HERE.
(control click or right click + save as)

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Real Estate Investing in Small Towns

Podcast Episode 70:
Small Town Advantage.”

Smaller municipalities can be an ideal place to invest in real estate. This is particularly true if you focus on an area where there might be many opportunities and little competition. Prices are often lower in small towns, and even medium-sized cities can provide an advantage over big metropolises if you specialize in one neighbourhood or region. The key is that you need to become a local expert. Leverage your small town advantage to become a big asset for you as a real estate investor!

Download the audio file HERE and the text/handout HERE.
(control click or right click + save as)

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Should I Become a Developer?

Podcast Episode 64:
Development Is a Senior Strategy.”

Buying and holding single-family homes is a great strategy for anyone starting out in real estate investment. Many people eventually get into multifamily properties, which builds on the experience of basic buy-and-hold. Becoming a developer is a very different type of strategy and is much more difficult. The rewards can be worth it for a senior investor, but there is also a lot of risk involved, and so development should be approached cautiously—if at all.

Download the audio file HERE and the text/handout HERE.
(control click or right click + save as)

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Happy Tale

Podcast Episode 13: “Happy Tale.”

Things to consider when moving from a buy and hold strategy to a fix and flip strategy. Consider private financing if your bank doesn’t like your plan to fix and flip. Your ability to perform will produce private lending opportunities impossible to get in the public marketplace.

Download the audio file (Mac control + click + “save as” / PC right click + “save as”) HERE.

The full-text version of this Tale from the Trenches can be found HERE.

Contact Barry McGuire now. Alberta real estate needs an Alberta lawyer.

Happy Tale (Handout)

Text Notes for Podcast Episode 13:
“Happy Tale.

Things to consider when moving from a buy and hold strategy to a fix and flip strategy. Consider private financing if your bank doesn’t like your plan to fix and flip. Your ability to perform will produce private lending opportunities impossible to get in the public marketplace.

Download the handout (Mac control + click + “save as” / PC right click + “save as”) HERE. Continue reading