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47 I Lyne & Martin I From Wholesaling Homes in New Brunswick to Self Storage in the U.S.A.
Manage episode 354016345 series 3316032
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Martin and Lyne left their lives behind in Montreal to invest in New Brunswick full-time in March 2021 after witnessing the significant cash flow potential there. Lyne was applying for school there, and Martin had been investing in real estate in Montreal, but New Brunswick and Moncton specifically was the perfect place to invest, with less competition, more affordability, an a good work force looking for places to live. Many times there’s better cash flow outside your geographical investment area, even if you have to eventually hire a property manager, or if you are BRRRR-ing. They are now mainly focused on self-storage facilities in the US, due to favourable laws and not having to deal with tenants!
WHAT YOU'LL LEARN:
- How Martin made a huge mistake with his Montreal duplex, but it still lit the fire for real estate
- Why Lyne was focused on Moncton
- Why they initial chose New Brunswick for investing
- Why big business now has its eye on Moncton
- How do they raise capital for investments
- Where do they find JV partners
- What are some of the strategies they use
- Why did they change their focus to the United States
- Why you need to do your research on state laws to find the best places to invest
- What book propelled their success
- What attracted them to self-storage as an investment
- And MUCH more!
Bio
Martin and Lyne left their lives behind in Montreal to invest in New Brunswick full-time in March 2021 after witnessing the significant cash flow potential there. With an integrated marketing strategy to source leads, in just over a year, they have done over 50 off-market property acquisitions, focusing on wholesaling, BRRRRs and JVs. Now expanded to a team of 16, and having become one of the top producers of off-market opportunities in the east coast, they are working on building a 7-figure wholesale business. They are also working on leveling up their 35+ door portfolio to commercial assets, specifically self-storage and assisted living facilities.
Follow their journey on social media:
Martin instagram @ItsMartinMei
Lyne instagram @LyneSaighi
Meily Property Solutions instagram @MeilyPropertySolutions
Email address: martin@meilyproperties.ca
lyne@meilyproperties.ca
Martin Mei - C: (514) 929-5188 | W: (506) 704-5026 ext:700
martin@meilyproperties.ca | meilypropertysolutions.ca
To reach out to Jose & Khadija, head over to:
website: www.savvyrealestate.ca
Insta: khadijajafferji & josejafferji
Tags: #commercialinvestments, #realestateinvesting, #selfstorage
#mentoring, #success, #buildingwealth, #buildingequity, #howtobecomerich, #portfolio, #howtogetrich, #financialindependence, #refi, #renovate, #coaching, #cashflow, #investor, #interestrates, #househacking, #jointventures, #refinancing, #raisingcapital, #assetmanagement, #strategy, #BRRRR
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