In this episode, Gillian Irving shares her journey from accidental investor to student rental property expert, while discussing investment strategies and current market opportunities in both student housing and cottage rentals.
Key Timestamps:
[0:00] Investment Beginning
- Rich Dad Poor Dad influence
- First property purchase
- Portfolio development
[4:30] Student Housing Market
- Post-COVID changes
- Increased demand
- Rent increases
[8:45] Risk Management
- Parent guarantors
- Student tenant screening
- Property protection strategies
[12:30] Financing Options
- Current lending landscape
- Purchase vs refinancing
- Owner-occupied solutions
[16:45] Market Adaptation
- Lender program changes
- Financing strategies
- Future outlook
[21:15] Cottage Investment Strategy
- Four-season approach
- Recession-proof planning
- Market targeting
[25:30] Investment Growth
- Scaling strategies
- Commercial options
- Partnership opportunities
Key Strategy Points:
1. Student Housing
- Parent guarantor requirements
- Property management tips
- Market timing considerations
2. Financing Structure
- Strategic lender selection
- Commercial alternatives
- Portfolio growth planning
3. Market Opportunities
- Student housing demand
- Four-season rentals
- Cross-border marketing
Contact Information:
Email: gillian@lendcity.ca
Phone: 647-404-7271
Important Tips:
- Utilize parent guarantors for student rentals
- Consider four-season vacation properties
- Explore commercial lending options
- Structure financing for scalability
