On today's episode of Investing To Win, Garret Wong talks with Marc Ting, a real estate entrepreneur with seven years of experience as an owner, operator, and syndicator of joint venture real estate projects. Marc specializes in buying and holding rental properties and flipping single-family homes in Manitoba. He's a firm believer that your network is your net worth. For this reason, he has joined private masterminds and real estate investor groups across the country.
In his spare time, Marc enjoys riding motorcycles, traveling to new places, and being involved with his community in any way he can. His favorite motto in life is "You miss 100% of the shots you do not take". - Wayne Gretzky
When he was 15 years old, Marc's parents divorced, leading to many limiting beliefs. You will learn how he overcame these and eventually accomplished significant personal growth. He will share what he looks for in a good entrepreneur and how he defines success.
You will discover why he relocated from Toronto to Winnipeg, how he got into real estate sales, and what his day-to-day business is like. He will also break down selling real estate into its simplest components and reveal some of his biggest mistakes while flipping homes. This should help you appreciate why it's so important to find a good realtor who is active on social media and what strategies are best for staging and selling a home.
You'll learn the three comparables he uses to determine the after-repair value (ARV) of homes he flips. From his first flip to his most recent one, Marc will share some of the most important lessons he has learned along the way. He will offer advice for first-time flippers and reveal some of the most consequential decisions he has made.
Join Garret and Marc for this inspiring conversation!
Enjoy!
What You'll Learn in this Show:
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