39 I Andrew Hines I Building in Southwest Florida & Creative STRs in Ontario
Manage episode 346442149 series 3316032
Like many investors, Andrew got into the world of real estate by purchasing a few single family homes, and then dabbled into student rentals as well due to the higher cash flow they produced . He has a diversified background where he also got into BRRRR-ing, general contracting, building entire subdivisions including townhouses. Now, he has further diversified south of the border where he is building homes in the Cape Coral area of Florida, and he's also got an exciting "glamping" campground here in Ontario that he's recently acquired.
THIS podcast is for you if you have run out of your own money for investing, and are looking for other strategies to grow your portfolio!
WHAT YOU'LL LEARN:
- How his first few properties and running out of money fuelled his desire for something different
- Why lack of personal cash for investing is not the end of your investing journey
- How much needed student rentals can potentially add to your portfolio and different types of student rentals
- What’s currently happening in the Ontario and Florida markets
- Why he doesn’t believe in forcing numbers to work
- Why investors shouldn’t just invest when the numbers don’t work
- “Invest in what you know, as then you can sell it”
- Why Andrew chose to invest in Florida and more specifically Cape Coral and how the pandemic changed his focus
- Why he still goes to real estate meetups
- Why new builds in Florida had better margins than resales
- And MUCH more!
Bio
Andrew is a business and economics-educated real estate investor and entrepreneur as well as host of the Andrew Hines Real Estate Investing Podcast. Andrew is an advocate of the BRRRR model of investing, owns his own construction company and has built dozens of new construction units and houses. Andrew regularly speaks on topics of economics, development, student rental investing, private lending/borrowing and financing strategies.
Contact/Follow Andrew:
on Instagram: @theandrewhines
To reach out to Jose & Khadija, head over to:
website: www.savvyrealestate.ca
on Instagram @khadijajafferji & @josejafferji
Tags: #raisecapital, #multifamilyhomes, #coaching, #mentoring, #success, #buildingwealth, #buildingequity, #howtobecomerich, #realestateinvesting, #portfolio, #florida, #howtogetrich, #brrrr, #refi, #renovate, #glamping, #economics
64 episodes