Description

Please check out our other episodes here: https://letsgetrealestatepodcast.com/

If you're a corporate employee wanting to move out of the rat race, then this episode is perfect for you. Scott Zandbergen was a corporate employee before he went into the real estate investing route. Listen in and learn from Scott's journey and struggles in becoming a real estate investor and how building relationships is very crucial in moving your way up to this industry.

In this episode, we cover:

• Scott’s back story on how he got into real estate investing from being a full-time corporate employee for 25 years. He got obsessed with thinking about his exit plan. And when he thought he hit his cash flow goal, he got off from his job. But then, COVID hit.
• How Scott managed to get investors without a T4 income.  Scott says that a good way to keep scaling is to opt for joint ventures. He also networked with brokers and looked at B lenders. 
• A good choice to keep growing when you’re self-employed is to qualify under commercial where they look at the assets and the income they generate.
• Never estimate the value of relationships. If you can build a relationship and some trust with smaller and newer banks, they can take that a long way. They can sell your story to the right people.
• Duplexes versus Multifamily properties. Scott has perfected his strategy in acquiring duplexes that it becomes too easy and boring for him.
• Scott’s present mindset in his real estate investing business. He is focused on growing now but at some point soon, he hopes to be in the sustained mode.
• Scott talks about his winning strategy which is converting single-family bungalows into two units.

Resources and links mentioned

MLS: https://www.realtor.ca/mls

Landlord and Tenant Board (LTB): https://tribunalsontario.ca/ltb/

Equiton: https://equiton.com/

About Scott Zandbergen

Scott Zandbergen is based out in Napanee, ON, Canada. He was an accounting technology industry leader in the corporate world for 25 years before he dove deep into real estate investing. He left his 9-5 job during the pandemic focused on acquiring properties. His winning strategy is converting single-family bungalows into duplexes. He now owns and manages many properties and all of which are generating very healthy returns.

Connect with Scott Zandbergen

Instagram: https://www.instagram.com/scott_zandbergen/?hl=en

Email: scott@tesoroproperties.ca

Phone: +1 647 624 6410

Connect with Danielle Chiasson:

Website: https://engineeredreturnsinc.com/index.html

LinkedIn: https://www.linkedin.com/in/daniellechiasson/

Instagram: https://www.instagram.com/danielle.chiasson/

Facebook: https://www.facebook.com/DaniChiasson

Book in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chat

Listen in and subscribe for more.

Interested in becoming a guest on the show? Email podcastletsgetreal@gmail.com with the Subject: I want to be a guest! OR simply fill out this form: https://perfectpropertyinc.activehosted.com/f/34