Earn Passive Income: A Guide To Real Estate Investing
Are you interested in generating steady passive income? If so, this podcast episode is an excellent beginner's guide to real estate investing.
Welcome back to the "Inspired To Invest" podcast. This week, Mike Moreau from Concord Capital Partners is with us.
To watch rather than listen, click here.
Tune in as Mike recounts his riveting transformation of living pay cheque to pay cheque to creating a financial dynasty.
Embarking on his journey with a workshop in Calgary and fueled by the arrival of his firstborn, Mike unveils how his initial foray into lease options and creative financing laid the groundwork for a stable and prosperous future.
His narrative, steeped in the wisdom of Robert Kiyosaki's book, "Rich Dad, Poor Dad," is a testament to the impact of a solid financial education and a steadfast 'why' in navigating the investment landscape.
Our dialogue takes a deeper look at the progression of Mike's investment tactics, from the quintessential fix-and-flip to mastering the BRRRR strategy, which has significantly shaped his financial portfolio. Amidst the shifting market tides, the episode also underscores the value of conservative number crunching and the protective power of mentorship.
For those with a vision to diversify and enrich their lifestyles through real estate, we shine a light on the virtues of duplex investments and the necessity of adaptable exit strategies. It's a candid sharing of the ebbs and flows of building wealth, where success is measured not just in dollars, but in the freedom to craft a purpose-driven life.
The takeaway? An insightful blend of industry knowledge and personal anecdotes that illuminate the significance of a solid team, the courage to leap before perfection, and the savvy use of financial instruments like home equity lines of credit.
This episode isn't just about stacking bricks—it's a blueprint for investing in yourself, expanding your financial acumen, and making informed leaps toward the life you envision. So, are you ready to take the next step on your journey to real estate mastery?
To connect with Mike, go to https://ccpycc.com online.
Thank you to Megan Betker from Vantage Point Financial for bringing us this month’s episodes of “Inspired To Invest”. To learn more about them, go to @meganbetker on social & vantagepointfinancial.com online.
“Inspired to Invest” is proud to support the Beyond Success Program, a not-for-profit financial literacy program for students, launched by More To Give & MAK Investments. Find out more at https://more2give.ca/beyond.
Tune back in on Wed., Mar. 20 to hear from an active GTA based real estate investor who, with her husband, has self-funded and grown a real estate portfolio worth more than $50 million across Canada and now into the U.S.
Thank you for tuning into “Inspired To Invest”, hosted by @serenaholmesrealtor & remember, “when you invest in yourself, the sky's the limit!"
To connect with our host, Serena Holmes, go to https://www.linktr.ee/serenaholmesrealtor.
To buy a copy of The Accidental Entrepreneur, go to https://www.linktr.ee/serenaholmesauthor.
And, for everything related to real estate and real estate investing, please make sure you've subscribed to @serenaholmesrealtor on YouTube & other platforms. We also have a page dedicated to this podcast on Instagram and Facebook @inspiredtoinvestpodcast where we preview guests each week, highlight their episodes, top takeaways, tips, quotes and more.
Are you a full-time real estate investor with an inspiring story to share? Apply now - https://docs.google.com/forms/d/1p6SfS8dePhLl6wMmSgdPpQ7xsJuEsBUbPDTJ0vgy9h8/
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Serena Holmes is a licensed REALTOR®, real estate investor, real estate investing coach, podcast host, published author and chief content officer of Executive Lens. She is also the former CEO of Tigris Events, a multi award winning brand experience agency.
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