Listen

Description

Episode Title

41 - Crazy Real Estate Stories

Summary

In this episode of the Life by Design podcast, Jessilyn and Brian Persson share their personal stories and insights from their journey in real estate investing. They discuss the importance of networking, trusting your partner's instincts, navigating challenges in property management, and the unreasonableness often required in real estate. They also explore the concept of reframing debt as an asset and share key takeaways for aspiring investors.

Chapters

00:00 Introduction to Real Estate Investing Stories

01:04 The Power of Networking in Real Estate

05:46 Trusting Your Partner's Instincts

08:23 Navigating Challenges in Property Management

12:18 The Unreasonableness of Real Estate Investing

18:10 Reframing Debt as an Asset

23:01 Key Takeaways from Real Estate Investing

Contact Jessilyn and Brian Persson | Weekend Wealth Investments: 

Transcript

Jessilyn Persson (00:05)

Welcome to the Life by Design podcast where Jessilyn and Brian Persson, are you struggling to align your financial goals or confidently invest in real estate as a couple?

Brian Persson (00:14)

That's why we created this podcast and the Riches Relationships and Real Estate Program to help you build wealth and strengthen your relationship. Visit weekendwealth.ca to take your quiz and discover your real estate investor type. Let's create the life you deserve together.

Jessilyn Persson (00:32)

Today, we're gonna share some crazy real estate stories. So in this episode, we're sharing a collection of personal stories from our journey in real estate investing. Real estate requires a certain grit and sometimes a bit of what we call unreasonableness. So we thought it'd be fun and maybe insightful to talk about some of the wild unexpected things we found ourselves doing along the way.

Brian Persson (00:57)

Mm-hmm. So what's the first story you would like to tell? I think I believe we decided it was your story first.

Jessilyn Persson (01:04)

Yes, I think we've shared some parts of this, but not all of it at some point in our journey. But back in 2017, you came home from work one day and you said, that's it. I maxed out, no more real estate for us. And my inner dialogue was like, mm-mm, nope, we still have room. And so you went to Saskatoon that weekend because you were going to check in on one of our properties there.

and I did some mad Googling skills and I felt the real estate investment network group local to our community and I signed you up. And when you came home, you were not happy with me when I shared that what I did, because I did not get your permission. I just did it. But we'd already paid. So you begrudgingly went to the event. And what happened when you came home?

Brian Persson (01:59)

Yeah. And, and just so the audience knows, this is, this was the premier Canadian real estate networking group. ⁓ it was not a cheap signup. No, I think, I, I can't remember what the membership fee was, but there was a monthly three or $400. Yes. And in that three or $400, you, more or less get one meeting, like one, one very, very informative and, and like, you know, action packed meeting per month, but.

You're paying three or $400 for that. you better, you be