In the past, investors have paid close attention to primary markets, whereas secondary markets were generally under-appreciated. However, due to the effects of the recent economic downturn, the pandemic, and inflation, investors are now taking a renewed interest in the secondary market.
How are you going to carve out a portion of the seemingly booming secondary market?
We got you covered! Join us in this episode as we have our guest Kevin Engel, Optometrist, Real Estate Investor, Co-author of the book, Bounce Back to Success, walks us through on how to invest in Central Alberta
Enjoy listening!
What we learned from Kevin Engel in this episode:
- How the book Rich Dad, Poor Dad inspires Kevin to become a real estate investor.
- How to make your first deal happen.
- Kevin’s business model in Alberta.
- How to effectively increase your borrowing power.
- Kevin’s book Bounce Back to Success: How to Steer Through and Overcome Adversity.
- Alberta’s current market situation. (... learn how a non-Albertan investor capitalize on Alberta’s market.)
- Strategies for managing your finances, even if you have multiple properties.
Success Quotes:
"We all go through times of challenge. At least in my life, I’ve had a few curve balls thrown at me, and usually during those defining moments is when you can make a change.” -Kevin Engel
Timestamp:
00:00 - Intro
00:57 - Kevin talks about a little bit about his journey through life that has led him to become a real estate investor.
04:11 - Kevin describes how his first deal happened.
06:36 - Kevin shares what his business model looks like in Alberta.
10:37 - Kevin reveals the proven strategies he has used to manage his finances, despite having multiple properties.
13:35 - What is Alberta's market looking like currently?
19:17 - How can a non-Albertan investor capitalize on Alberta’s market?
21:29 - Kevin talks about his book Bounce Back to Success.
26:33 - Kevin shares what motivates him, and how he plans to continue growing as an investor.
29:01 - Ways to connect with Kevin Engel.
Connect with Kevin Engel here:
LinkedIn: https://www.linkedin.com/in/kevin-engel-1a363437/
Website: https://www.familyrealestate.ca/
Connect with Us:
Facebook Page: https://www.facebook.com/restateinvestorsclub/
Email: reic@clubimmobilier.ca
Axel Monsaingeon’s LinkedIn: https://www.linkedin.com/in/axel-monsaingeon-42577b28/
Axel Monsaingeon’s Instagram: https://www.instagram.com/monsaxel/
Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/
Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/
Terrie Schauer’s “Mindful Landlord” book: https://mindfullandlord.com/
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Are you ready to meet other real estate enthusiasts, property owners/investors, “flippers”, managers, and real estate specialists who are open to sharing “tricks” of the trade with you?
Come join us at Courtyard by Marriott | Montreal Airport on November 16, 2022 for our monthly networking event.
Click on this link to learn more about this amazing treat:
