Student Rental vs Shared Mature Adults Rental. Which has more cash flow? Which has less headaches? Which removed all the drywall for the landlord with baseball bats? w/ Anna Moore
On Wednesday we hosted š 150 investors at our first Infinity Wealth Investment Network meeting. The biggest and best event Iāve yet to host with even bigger and better events to come. šThanks to everyone for sharing their kind words and all those who signed up for the iWIN membership. You are getting in on the ground floor of something special and we take your trust in us very seriously. We are the change we want to see in the šworld, we are here to help and deliver value and experiences never seen before.
Thank you to Charles Wah, Andy Tran, and Steve Ford for sharing their how toās on small real estate developments, the ideal development investment for beginners. Thank you to Mike Iuliano for sharing his view of the stock markets, how heās taking that information and applying to his portfolio. And, finally, thanks to my lovely wife and real estate Accountant, Cherry Chan, who is my partner in building Infinity Wealth. Thank you for sharing the taxation challenges of AirBnbās and short-term rentals. If you have a short term rental, make sure you understand the taxation requirements both in operating and when selling the property.
If you missed it, thatās OK, the recordings are available for members. If you want to know more about the Infinity Wealth Investment Network, come check us out! You can register for the event at infinitywealth.ca. Our keynote speaker is none other than best selling author, master of raising capital (and has done so to acquire over 100+ properties), Russell Westcott, aka the JV Jedi.
Susan White Livermore, multi-millionaire mom, will also be in the house to share how she continues to get mortgages, event with her portfolio of 35+ properties. Itās not pretty, but the bank makes the rules and they lend us hundreds of thousands, so itās worth it.
The networking of course will be excellent, we had many folks stay over 1 hour after the event to chat. The restaurant for the post-meeting meeting had to give the rest of us the boot, and I took away massive value from the after-meeting meeting.
I have been asked many times what is that one thing that is responsible for my success. There honestly is no one thing. I believe the path to success is inch by inch and not by miles. But if youāre always willing to learn, seek out mentors, like the guests on my podcast and the attendees of my events (as they are sharing golden nuggets all the time), then itās up to you to apply them.
š»Cheers to all the new iWIN member action takers. Together, we rewrite our histories as it takes a village to raise a š successful real estate business owner and investor. I am proof of how a network of goal oriented, sharing individuals can be successful and so can you!
Student Rental vs Shared Mature Adults Rental with Anna Moore
I first met Anna after seeing a piece by CTV Barrie on how an area student landlord was switching gears and renting to seniors instead (link below). Anna has been in the student rental business for 25 years. After the straw that broke the camelās back, another abused rental property by the student tenants and thousands of repairs and clean up bills, she switched gears in renting to seniors.
As a student rental investor myself, I immediately reached out to AMR Property Management to speak to owner Anna Moore and here is our recorded discussion.
Anna is a veteran business owner with a successful printing company, she currently manages 200 doors (many are her own investments), and she vacations much of the winter in the Bahamas and Europe in the summer.
Yet another lifestyle success story for you listeners, as itās not about the investment, itās about what our investments afford us in lifestyles, and Anna is living the dream. Plus her business is ever improving as she goes from 5 senior rentals to offering as many as 50 this spring.
Without further ado, I give you Anna Moore of AMR Property Management
To Listen:
Link to CTV coverage of Anna: Company turning student homes into shared housing for seniors
Website: www.amrpropertymanagement.com
If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. Itās FREE to Download!!
Iāve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.
To download the report go to www.truthaboutrealestateinvesting.ca/book
Sponsored by:
TitanInvestmentRealEstate.com ā would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Donāt delay, the top markets we focus in are trending upward in price, so you can pay todayās price or tomorrowās price.
Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor
W: erwinzeto.com
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