The Andrew Hines Real Estate Investing Podcast

In E017, Koukun Unosawa and I have a candid discussion about student rental investing and starting at a young age. As investors, Koukun and I share an appreciation for student rentals and the cash flow they can create. Koukun gives a case study in this episode of how he's been able to achieve over $2000/month positive cash flow on one of his student rentals and he has others just like it. Koukun discusses issues surrouding management, tenant turnover and how to optimize your student rental to make it more appealing to potential tenants. You won't want to miss this episode! iTunes and Android Listen Links: https://linktr.ee/theandrewhines Hamilton REI Meetup Link: http://tiny.cc/j1dk5y OREC Event Link (April 2019): http://tiny.cc/orec-tahreip Key Contacts Koukun Unosawa: on Instagram https://www.instagram.com/koukun.rei.coach or on youtube https://www.youtube.com/channel/UCYw3UfPsEqxvSI8_449oCYQ Andrew Hines: on Instagram: https://www.instagram.com/theandrewhines or Facebook: https://www.facebook.com/theandrewhines Specific Topics Covered * Investing in student rentals* student rental management* finding join venture partners* furnishing your student rentals* how to optimize your student rentals in terms of common area and bedrooms* how to deal with tenant turnover and showings* creative strategies for increasing rents and creating tenant bidding wars Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E016, Mat Piche shares his unique story about being "The Fruitful Investor". What does that mean exactly? Well to start, he's a joint-venture loving investor in over $8 million of real estate assets and over 20 different properties. Mat's a self-proclaimed 'hippie', plant-based eater and world traveling realtor that's focused on 'home', which is Kitchener-Waterloo for him. Mat preaches "boring" over exciting because he knows that real estate investing is a 'get rich slow' model and he and his investors are all on-board with the approach and expectation. Tune in for a few creative strategies and many gold nuggets because this guy has got some fantastic systems! Key ContactsMat Piche on YouTube - https://www.youtube.com/channel/UCsUM_ZcpCv7WAL-hmhrkPqw on instagram - https://www.instagram.com/matpicheAndrew Hines on instagram: https://www.instagram.com/theandrewhines or on Facebook https://www.facebook.com/theandrewhines Specific Topics Covered in this Episode: * Finding joint venture partners* managing a personal brand and social media presence* finding off market real estate deals* managing trades, tenants, employees and property managers* renovation budgets and where to spend* kitchen and bathroom renovations* how to flip a property quickly Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E015 Gary Spencer-Smith shares his story and philosophy surrounding how to pick an ideal market to buy in, how to assess the viability to a long term hold, joint ventures and much much more! Key Contacts:Gary Spencer-Smith: on youtube at https://www.youtube.com/channel/UCJUsSNkjVLagJ6a65XVTIEw or on his website at http://www.rentalhouseprofits.com Andrew Hines on instagram: https://www.instagram.com/theandrewhines/ or on Facebook: https://www.facebook.com/theandrewhines/ Gary is of British descent and came to Canada approximately 15 years ago. He's been an active real estate investor for the past 10 years and has since developed a real estate coaching business, property management business and a contracting business. Tune in to gain countless gold nuggets from Gary's wisdom and experience. Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E014 Jon Schoeller reveals how he's been able to flip approximate 65 houses over the last two years. Jon is a self-professed implementor of 'systems' that have allowed he and his business partners to grow their house flipping business and profit aggressively. Jon is self-taught, never went to post secondary school and has truly made it happen for himself. Key Contacts:Jon Schoeller - https://www.instagram.com/aminvestmentswv or https://www.instagram.com/jonschoellerAndrew Hines - https://www.instagram.com/theandrewhines https://www.facebook.com/theandrewhines Specific Topics Covered in this post are as follows: * best practices for contractor management while flipping houses* how to find the best deals on and off the MLS* how to budget and price a home flip project affectively* understanding your target demographic* understanding how average income affects buying power in your area* the importance of having a system in your flipping business for absolutely everything from finding deals to managing employees (if you have them)* structuring contracts with contractors for success Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E013 Jeff Wybo discusses his personal strategy to branding a business that is specifically relevant to real estate investing. In addition to being a real estate investor, Jeff is a realtor that is well recognized as an authority on real estate investing. While he doesn't claim to be the best, Jeff claims to have taken the initiative to be the realtor that is known. In this episode he discusses how he created his brand with very simple steps that anyone can execute. Key Contacts:Jeff Wybo: https://www.instagram.com/jeffwyboAndrew Hines: https://www.instagram.com/theandrewhines Specific Content Covered in This Episode: * Branding for investors* event hosing and developing investor networks* how to advertise for free* airbnb arbitrage (one of Jeff's investments)* Executive rentals Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E012, Shawn Allen, an extremely high-volume real estate flipper discusses his approach to life, career and flipping houses. One thing that is abundantly clear is that Shawn is driven. Our conversation starts with learning about how Shawn got started with his first deal, flipping a house, and progressed into a discussion about the nuts and bolts of what to look for in a house to be renovated and how to negotiate a deal. Key contact Info:Shawn Allen on instagram @shawn__allen and on facebook at https://www.facebook.com/shawn.allen.98837Andrew Hines on instagram @theandrewhines or on facebook https://www.facebook.com/theandrewhines Specific Topics Covered on Today's Podcast: * The mindset for success in flipping houses* The 'forgiving nature' or real estate investing* Avoiding issues with problematic houses including sanitary drain connections getting clogged with tree roots and water problems caused by having large trees in your yard* building a 'contingency fund' into your numbers so that you always exceed your target profit* land development of a lot that already had three houses on it (severing)* a case study revealing how Shawn is about to make $400,000 in profit! Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E011 Mike Rosehart lays out his strategy for retiring early. Very early!! Mike tells the story of how he bought his first property at 19 years old and had 17 properties by the time he reached the ripe young age of 23. He then preceded to 'retire' at 24 by 'cashing out' on those properties and investing his principal into commercial paper (stocks etc). A key to Mike's success has been his extreme frugality and while that approach certainly seems less common, you definitely can't argue with the results. Key contacts:Mike Rosehart on instagram @mikerosehartAndrew Hines on instagram @theandrewhines Some specific topics tackled on this episode are as follows: * The Fire, Financial Independence, and Retire Early movements* Frugality* Investing for cash flow and investing for long term wealth* the one percent rule (rental income of 1% of price of home)* Finding private sellers and deals* telltale signs of distressed sellers that you can work out a deal with Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E010 Kellan discussed how he went from zero to approximately $10,000/month in positive cash flow by investing in multifamily properties following the "one percent rule". Kellan wasted no time getting started and managed to acquire 32 units in just 2.5 years and he managed to achieve financial independence in roughly one year. Yes, that's right, ONE YEAR! You read that correctly and that sure beats the 45 year retirement plan taught to us in school. Key Contacts:Kellan Paniccia on instagram @kellan.panAndrew Hines on instagram @theandrewhines or by email at andrew@andrew-hines.com Key Concepts Discussed in this episode are as follows: * multifamily investing* the BRRRR strategy as it applies to multifamily* tenant turnover and the "cash for keys" strategy* increasing the value of your building through rent increases* mindset and networking strategies that get results* Finding off-market deals* finding deals on the MLS* succeeding in any type of market This episode is pure gold for anyone who needs a good mental "kick" to get into the right headspace and excel regardless of market conditions. Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E009 I interviewed Sami Khan. He is a really interesting real estate investor who somehow stumbled onto the concept of "Airbnb arbitrage". Airbnb arbitrage is when you rent a property from a landlord and then re rent the unit out onto AirBnB. Since many landlords don't have the time or desire to rent properties onto AirBnB, Sami has an incredible niche and has achieved over $10,000+ per month net profit from this "side-hustle". Key Contacts:Sami Khan - on instagram https://www.instagram.com/its.samikAndrew Hines - on instagram https://www.instagram.com/theandrewhinesor on Facebook at: https://www.facebook.com/theandrewhines Some of the specific discussions in this podcast are as follows: * Testing Airbnb demand and market validations* Understanding key demand factors such as industry, vacation, tourism and education (student rentals)* Key markets in demand at the moment* Ideal type of unit for an airbnb unit* Operating an airbnb and breaking down the numbers* Where and how to buy furniture, dishes etc.* The formula to surpass $10,000 per month net profit, quickly* How to hustle and make it happen despite the obstacles* How to life-hack, automate and streamline Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free

In E007, tune in to hear Jacob's stories of how he's been able to amass a real estate portfolio of 17 units and counting by using other peoples money and just doing the leg work. Jacob is the working partner of his joint venture partnership and has created incredible returns in the process. Jacob can be reached at jacob@jpmortgage.ca or on instagram at @jacobperez10 Andrew can be reached on instagram at @theandrewhines (best method of contact) or at andrew@andrew-hines.com Some specific items covered in this episode are as follows: * How to invest in real estate with none of your own money* how to manage trades during renovations* how to manage tenants and creative ways to get underpaying tenants to vacate a unit* a case study featuring $1500/month net cash flow and a whopping 2900% Return on Investment (we almost couldn't calculate one since only $2000 was invested!) This was one of the most interesting episodes yet and you won't want to miss it! Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free More on Jacob: Jacob has been a real estate investor since the age of 23 and just somehow knew he was going to start investing in real estate from his days in high school. He heard the concept of what a rental property was and decided that he was keen on the idea of someone else paying off his mortgage. His story is very much a story of learning by doing and is extremely valuable for those looking to get started or just looking to take their game to the next level.