On today’s show, Anderson shares about his humble beginnings, immigrating to Canada (no one told him how much it snows here when he was recruited), how he underemployed as a Chef thanks to the pandemic but pivoted starting new businesses, the side hustle that earns him $25,000/year after expenses to fund his investing, how Anderson explains Stock Hacking to his friends and how he spends his profits on his passions.
Oh yeah, and Anderson cash flows 4% per month on average.
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When we first met Joe, he was 24 years old and had saved $80,000 from holding down multiple jobs at the same time since he was 16. A month later, Joe had his first investment property and one day Joe was complaining to me how expensive properties are these days. It was then I asked him to review for me what his net worth is today vs. what it was when we first met. From $80,000 to over $1,000,000 in just two years.
The results are astounding. If you don’t believe me, ask an entrepreneur with a start up business. Or ask around 30 somethings if their net worth is over $1,000,000.
Add to that parents who while supportive in giving young Joseph food and roof over his head but were not fans of Joe investing in real estate, having tenants and taking on debt.
This is Architect Joe’s story on how he went from $80,000 to $1,000,000.
We have a special treat in my old friend Mike Desormeaux who I met back in 2010 when I joined Rock Star Real Estate. Mike is modest but from my recollection, he’s been the top agent and coach at Rock Star in terms of unit volume and his clients love him.
Mike wasn’t always successful though, he comes from some serious humble beginnings, from living across from the train junction yard to living out of his car but he discovered investing in real estate and life from there changed forever.
Fast forward to today, Mike is a successful investor and author of Wealth Won’t Wait, a book about creating income during uncertain times. Funny enough Mike always wanted to write this book and did during the uncertain times of the early pandemic.
Mike is an awesome guy and he’s got a bunch of crazy real estate stories to share. Stuff you can’t make up and for those who think Realtors have it easy, here’s a behind the scenes on the hustle and risk some take on to do the right thing.
Mike’s book is on Amazon, physical, kindle versions and audible.
On to this week’s show!
Today we have my old friend Rachel Oliver who has achieved massive success via an investment strategy called rent to own having executed 500+ deals on said strategy.
As always with this show, we look to bring you the leading subject matter experts and without a doubt we have one today in Rachel Oliver of Clover Properties.
On this show Rachel pulls back the curtain on how she runs such a successful business in real estate from how she generates leads for tenant buyers including 800 applicants in a month, how she chooses markets for properties to invest, how she’s able to help 90% of her tenants buy the house at the end of the term.
I think Rachel and husband Neil are great in how they run a win-win-win business. A win for themselves, their investor and most importantly the tenant.
Rachel also shares how she became an author, co-host of a television show, and about her extended vacation in Costa Rica.
Book: Rent to Own Essential Guide for Homebuyers: The Key to a Fresh Start and Richer Future: https://www.amazon.ca/gp/product/0992159202/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1