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Mike Beer is a full-time real estate investor and former IT executive who immigrated to Canada from communist Poland. He is currently investing in multifamily properties in Kitchener, Hamilton, London, and Toronto.

Mike grew up in communist Poland and his parents had to bribe officials with coffee to get passports to escape. At a young age, he had to take a leap of faith and jump into the deep end of the pool to get a swimming card, despite barely knowing how to swim.

This experience combined with his parents’ struggle and the scarcity mindset he grew up with ignited a drive in him to make money and he found that in real estate investing. Through his mentor and his team, he overcame his scarcity mindset and grew his real estate portfolio, eventually realizing he didn’t need a salary to survive.

His biggest lesson learned was to always find a property manager that specialized in the market you’re investing in to avoid costly mistakes.

In this week’s podcast episode, you will learn the following:
1. How Mike used his parents’ desire to escape from communist Poland to move to Canada as motivation to build a successful real estate career.
2. How Mike overcame a scarcity mentality and leveraged his team to buy multifamily buildings.
3. How to manage a portfolio of student properties in Hamilton to maximize returns.

Connect with Mike:
Website: https://www.mikebeer.ca/
Facebook: https://www.facebook.com/profile.php?id=100064234980838
YouTube: https://www.youtube.com/channel/UCc2dZAOcUgn7drtR2yy7MFA
Instagram: https://www.instagram.com/mikebeer_inv/

This episode has been brought to you in part by
Private $ 4 Mortgages – https://privatemoney4mortgages.com
BM Select/Butler Mortgage – https://bmselect.ca/

Follow The REITE Club:
Instagram: https://www.instagram.com/thereiteclub/
Facebook: https://www.facebook.com/groups/thereiteclub
YouTube: https://www.youtube.com/channel/UCKPoaUTDRdCx9-Db-aI0ehg
Website: https://thereiteclub.com/

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The podcast this week discusses the reasons why people are looking to pivot to midterm rentals, citing reasons such as the control over the guest population that midterm rentals offer. It also discusses how the economy affects the short-term rental market, and how this can be an advantage for midterm rentals.

It is becoming harder to run short-term rentals, as municipalities are banning them or putting restrictions on them. Mid-term rentals are a good option for those looking to still make money in the rental market, as they are less likely to face rules and regulations. Location is important when considering a mid-term rental, as it should be in an area that is attractive to potential guests.

Guests Sarah Larbi and Aisha Govani explain that it is important to target guests and make connections with them in order to increase occupancy levels at a property. They also advise that property owners ensure that the finishes and renovations at their property are of high quality in order to attract and retain guests.

Sarah Larbi and Aisha Govani are the co-founders of Mid Term Rental Properties Inc. an executive and corporate property rental company. They offer a variety of services, including housekeeping, lawn care, and chef services. They are currently working on expanding their services to include preferred vendor discounts and meal delivery.

Get in touch with Sarah and Aisha at Mid Term Rentals
E-mail: infoAmidtermrentalproperties.com
Website: https://midtermrentalproperties.com/
Instagram: https://www.instagram.com/midtermrentalproperties/
LinkedIn: https://www.linkedin.com/company/midterm-rental-properties/about/

This episode has been brought to you in part by
The REITE Club podcast – for sponsor slots contact Katherine at grow@thereiteclub.com
BM Select – https://bmselect.ca/

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Andrea Hodson is an incredible woman who has accomplished a lot in her life. She is humble and down to earth, and she credits her success to her ability to network and build relationships with people. Andrea’s most significant piece of advice for networking is to focus on quality over quantity – it’s more important to develop good relationships with a few people than to try to talk to everyone in the room. 

Andrea started investing in real estate when she was 25 years old and living at her parents’ house. She bought a few properties that were student rentals and then took a few years off to renovate them. 

In 2009-2010, Andrea started investing in real estate and continued until 2017 when she picked up her first commercial property. In 2019, she had her daughter and decided to continue the real estate journey. She started looking for properties outside of her area and comfort zone in 2020-2021 and picked up 59 units in New Brunswick. She is now trying to grow her business by partnering with others.

The conversation also covers time management tips and tricks. Andrea recommends time blocking and habit stacking as two effective methods for staying on top of tasks and goals. She stresses the importance of having a growth mindset and getting out of your comfort zone in order to learn about something new.

Get in touch with Andrea:
Instagram: @hodsonhomes
Email: andrea@hodsonhomes.ca

This episode has been brought to you in part by;
Legal Second Suites – https://legalsecondsuites.com
Paul Copcutt – https://paulcopcutt.com/personallybrandtastic/
BM Select – https://bmselect.ca/

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This week’s podcast guest is Sandro Ferreira, a Brazilian Canadian entrepreneur, real estate investor, certified coach, and professional public speaker. Sandro talks about his journey from working a nine-to-five job to becoming a full-time real estate investor and shares some tips on how to be successful in the industry.

Sandro immigrated to Canada in 2010 with the intention of buying a property. He found a condo that he liked but didn’t have the money for the down payment. He decided to use the money he had set aside for taxes to make the down payment, and ended up financing the purchase through the Canadian Revenue Agency (CRA)!

He then bought a second condo in the same building for investment purposes. In 2017, he started renting rooms in the investment condo to students, and the business was doing well until the pandemic hit in 2020. At that point, he realized he needed to get more education in order to continue growing his business. In 2019 he met a mentor, and by 2021 he had graduated from the program and owned 114 properties.

Sandro discusses the importance of having a positive mindset when pursuing goals. Sandro talks about how he was turned down many times when trying to get into the real estate investing business, but he never gave up. He says that he always pushes himself to prove people wrong and that he has never wanted to be the smartest person in the room. He feels that it is important to choose one thing and stick with it in order to be successful.

Sandro talks about his passion for real estate and how it has helped him to transform lives. He also discusses how he uses coaching to help him cope with bad days. When asked about a major lesson learned in his journey, he talks about the importance of following your dreams.

The major lesson is that we should never doubt our own abilities. If we believe that we can do something, we are more likely to be successful. This is especially important when starting out in business, as we may be limited by our own beliefs. To be successful, we should surround ourselves with people who have already achieved what we want to achieve, so that they can provide guidance and support. Finally, we should invest in our education so that we can change our lives and the lives of those around us.

Follow Sandro Ferreira
Email: info@sandrocanada.com
Website: https://sandrocanada.com/
Twitter: https://twitter.com/sandrocanada
Instagram: https://instagram.com/sandrocanada
Facebook: https://facebook.com/sandrocanada
Linkedin: https://www.linkedin.com/in/sandrocanada/
Pinterest: https://pinterest.com/sandrocanada
Tik Tok: https://www.tiktok.com/@sandrocanada?lang=sw

This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
BM Select/Butler Mortgage – https://bmselect.ca/
Sarah Larbi with Mid-Term Rentals- https://midtermrentalproperties.com/