E060 Analyzing Changes in a Dynamic Real Estate Deal
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In this episode, Andrew and Jacob discuss a property deal they covered eight months ago, highlighting significant changes. They emphasize the presence of a motivated seller and delve into the details of a 16-unit building in Orillia. The property, located about 45 minutes north of Barrie, offers various investment opportunities, particularly with its potential for increased rents and a mix of furnished units. Andrew and Jacob analyze the financial aspects, including required funds for closing, a potential 4% cash-on-cash return, and the impact of changing interest rates on the market. This episode delves into the property's suitability for different types of buyers, emphasizing the importance of strategic planning and optimizing various aspects for increased value.

E060 Analyzing Changes in a Dynamic Real Estate Deal with Jacob Campagnaro

E060 Chapter List: 01:55 Exploring the Motivation Behind the Sale 04:23 Reintroduction to the 16-Unit Property 06:02 Financial Breakdown and Market Projections 10:01 Strategies and Buyer Profiles 13:36 Crunching the numbers for potential buyers 15:09 Assessing the market sentiment and potential for a soft landing

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Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.