From Police to Profits in Multifamily

In this episode, our guest, Jules McKenzie, shares his insights and experiences on the dynamic world of real estate investment. Jules discusses the importance of economically viable investment deals and the invaluable lessons he learned from his early career investments. One area that particularly caught Jules' attention is Orillia in Ontario, Canada, which he considers a top-notch location for real estate investment. He dives into the rental rates for residential and commercial properties in Orillia and offers his predictions on how interest rate changes can impact rents and property values. Sharing his funding strategy, Jules emphasizes the power of investor partnerships and highlights the requirements for conventional mortgage rules in Canada.

As a master of cold calling and a successful commercial real estate agent, Jules shares valuable tips on prospecting and network marketing. From navigating difficulties to bouncing back, Jules shares his personal journey, including his experience with a loan and a highly profitable townhouse investment project sold in 2020. Join us in this engaging episode as Jules McKenzie's expertise and candid stories inspire listeners to explore the world of real estate investment and unearth new opportunities for success.

💥💥 Remember, this is your MBA. Have a notepad handy, and get ready to take some 📝 notes!

Key Points from This Episode
✅ The importance of making economically viable investment deals
✅ Lessons learned from early career investments
✅ Orillia as a top area for real estate investment
✅ Rental rates for residential and commercial properties in Orillia
✅ Predictions about the impact of interest rate changes on rents and property values
✅ Funding strategy through investor partnerships
✅ Requirements for conventional mortgage rules in Canada
✅ Repayment structure for investors in property deals
✅ Mastery of cold calling and success as a commercial real estate agent
✅ Establishment of a private equity fund and educational podcast for investors
✅ Lessons learned about prospects and network marketing
✅ Jules’ experience with the real estate investment network and the possibility of accreditation
✅ Jules’ desire for increased efficiency in real estate investing and predictions about interest rate hikes
✅ Comparison of interest rates for residential and commercial mortgages
✅ Jules’ perspective on valuations in the real estate market and the need for alignment with fundamentals
✅ How Jules bounced back from difficulties
✅ Experience with a loan and successful townhouse investment project
✅ Profit made from the sale of the townhouses in 2020

Links Mentioned in the Episode
🔗 Jules McKenzie’s website - http://www.mckenzieproperties.online/

🔗 Jules McKenzie on LinkedIn -   / julesmckenzie  

🔗 Jules McKenzie on Twitter -   / mrjulesmckenzie  

🔗 51 Success Stories from Canadian Real Estate Investors by Don R. Campbell - https://www.amazon.com/Success-Storie...

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