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In E101, of REI Hot Seat, Andrew Hines welcomes Zac Willms, David Hulshof, and Jacob Campagnaro to discuss an 8-unit apartment building investment deal in London, Ontario. The group reviews the details of the property, which is undergoing renovations, including the addition of two basement units and a total refresh of the existing units. The building already has major upgrades, such as a new roof and separate utilities.

David Hulshof runs the numbers and highlights that the project is expected to cost approximately $400,000 in renovations, bringing the total investment to around $1.4 million. With current cap rates and projected rent figures, the deal presents a potential full BRRRR (Buy, Rehab, Rent, Refinance, Repeat) opportunity, with the possibility of pulling out all invested capital plus an additional profit. The team also discusses factors like CMHC financing, loan-to-value ratios, and market conditions, with the likelihood of interest rates decreasing, making the deal even more attractive.

The property is in a transitioning B/C+ neighborhood in London, with growing investor interest. It offers vacant possession, eliminating the challenges of tenant management during renovations. The episode concludes with Andrew encouraging listeners to join the Insiders List for access to off-market deals and exclusive opportunities like this one.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E101 What’s Causing So Many Investors to Take Notice of This Deal?

1:01 - Discussing an 8-Plex Deal in London, Ontario

2:10 - Property Details: Retrofit, Roof, and Renovations

3:05 - Tenant Situation and Eviction Process

4:54 - Numbers Breakdown: Purchase, Renovation, and Financing

7:01 - Cap Rate and Expected Valuation

9:12 - Basement Unit Renovations Overview

10:21 - Loan Details: 85% Loan to Value

14:38 - Financing Rates and Market Trends

17:00 - Cash Flow and Building Vacancies

19:04 - MLI Select Program: Pros and Cons

20:55 - Area Overview: London Neighborhood Details

23:25 - Conclusion and Final Thoughts

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E100, In this solo episode, Andrew Hines shares updates on his real estate ventures, focusing on his land-flipping business in Florida.

He explains that land deals often involve less hassle than properties with tenants, as there's no need for evictions or junk removal. Andrew discusses a recent profitable deal where he and his partner, Mat Piche, bought a 5-acre piece of land for $26,000 and sold it for $53,000, netting around $20,000 in profit.

He highlights their strategy of acquiring land at 50 cents on the dollar and ensuring properties are well-researched, particularly regarding flood zones and wetlands. Andrew also shares a cautionary tale about a deal that fell through due to a land dispute with a neighboring attorney. He concludes by reflecting on the advantages of land investments and mentions his ongoing efforts to engage more with his audience through Instagram and future projects.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E100 Can You Really Flip Land Without Ever Seeing It in Person?

1:15 - Recent Florida Land Deal

6:00 - Research and Strategy for Land Deals

12:00 - Lessons from a Failed Deal

15:00 - Future Projects and Audience Engagement

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

In E091, Andrew Hines is joined by Jacob Campagnaro and Zac Willms to discuss recent real estate deals and strategies. Andrew highlights a land deal in Florida for 35 cents on the dollar, located near an interchange on Highway 75. He further explains use of cold callers and a structured lead management process, emphasizing the benefits of buying land over houses due to quicker resale. Andrew shares insights on acquisitions management and the continuous need to fill the sales funnel.

The discussion covers the advantages of the US real estate market, including easy access to property data, and mentions creative financing strategies like sub2 deals. Andrew stresses the importance of a scalable business model with systems for outsourcing and lead management. Investing in tools and resources to generate a high volume of leads is crucial for profitable deals.

Overall, the episode offers insights into real estate investment, highlighting systems, outsourcing, and creative financing for building a scalable business.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E091 How to Optimize Real Estate Profits with Systems?

1:11 Discussing Recent Deals

4:02 Lead Generation Strategy

6:58 Approval Process for Deals

7:05 Dealing with Complex Deals

9:35 Focus on Land Investments

10:09 Faster Turnaround with Land Deals

11:38 Cold Calling Metrics

13:03 Making Offers and Closing Deals

15:39 Using Public Records for Leads

17:28 Follow-Up Strategies

19:00 Role of Acquisitions Managers

20:04 Transition to Scalable Business Model

23:38 Creative Financing and Sub2 Deals

27:29 Final Thoughts and Upcoming Episodes

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

Check out Andrew's Podcast: https://www.youtube.com/channel/UCYGIvt3fC0OK378EIEHccpA Connect with Andrew: https://linktr.ee/theandrewhines In the very first episode of REI Hot Seat we sit down with Real Estate Investor and Commercial Realtor, Jacob Campagnaro. Jake has a keen eye for multifamily properties and in this episode we discussed an off-market building and it's earning potential. This particular building is located in south-western ontario and has 3 commercial main floor units, 22 residential apartments and an elevator for residents. The focus of this episode was on increasing cash flow and balancing opportunities available in CMHC's MLI Select program. Be sure to subscribe for future episodes!!!

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E090 of REI Hot Seat, Andrew Hines and Zac Willms dive deep into a lucrative 11-unit building deal in Kitchener, analyzing its financial viability, potential improvements, and investment strategies. They scrutinize the initial numbers, focusing on the cap rate, price per unit, and the value-add potential, determining whether the property is a turnkey investment. Discovering a 4.5 cap rate, they explore financing options like CMHC loans to enhance investment efficiency.

Zac highlights various expenses and discrepancies, such as high utility costs, and suggests optimization strategies. They delve into understanding insurance costs, management fees, and other critical expenses to accurately evaluate the deal's viability. The conversation covers essential improvements and value-adding strategies, including implementing low-flush toilets, tenant expense recoveries, and other efficiencies to boost NOI (Net Operating Income).

Emphasizing the significance of immediate cash flow and long-term appreciation, Andrew and Zac agree that, despite initial concerns, the building offers a solid investment opportunity with significant room for value enhancement and increased cash flow. They conclude by stressing the importance of thorough due diligence and a comprehensive understanding of current market conditions and the property's financials before making an investment decision. Don't miss this insightful analysis that could shape your next profitable real estate venture!

Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E090 Why Long-Term Investment in Kitchener So Promising?

0:43 - Intro

1:35 - Today's Deal Overview

2:39 - Cap Rate and Initial Numbers

3:39 - Financing Options and Expense Breakdown

7:17 - Value-Adding Strategies

10:25 - Rent Roll Analysis

10:52 - Kitchener Market Appeal

11:36 - CMHC Expectations

12:01 - Other Income Opportunities

12:42 - Improvement and Value Add Ideas

13:24 - Cash Flow Projections

14:06 - Long-Term Appreciation Potential

15:10 - Final Thoughts and Due Diligence

22:37 - Closing Remarks

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form⁠

In E089, Andrew welcomes back Zac Willms, we’re discussing a topic we've been eager to share – an equity offering for our campground glamping site. This has been a year in the making, and we’re finally ready to bring in partners. We need to be clear and precise because this involves a Canadian Securities offering, so it's crucial to mention that this is for accredited investors only and isn’t a solicitation for the sale of securities but for informational purposes. We're working with an exempt market dealer who will handle the securities and provide necessary documents like the term sheet. We'll discuss projections and market expectations, but please remember that projections and statements made in this episode do not represent a guarantee. Please see disclaimer for more details: https://atlasone.ca/disclaimer

Our glamping site, located in the lush, green Tobermory area, specifically Miller Lake, Ontario, is about 20 minutes from Tobermory. It's a unique camping experience with trailers and picturesque views, making it ideal for those looking for a memorable stay. We’re excited about the potential here and believe in the project deeply. For those unfamiliar, glamping combines the beauty of camping with the luxury of modern amenities – think glamorous camping with luxury mattresses, pillows, and no hassle of setting up tents.

This investment opportunity offers a chance to be part of an innovative and growing market. We’re looking to expand significantly from our current 26 sites to the 70 permitted by bylaw. The funds raised will help us add new units and amenities like geodesic domes, pools, and more, enhancing the overall experience and extending stays.

Our team has worked hard to build a reputation for quality and customer satisfaction, evident from our positive reviews on Airbnb and Google. The site has transformed from a party site to a serene getaway, attracting repeat visitors and strong word-of-mouth promotion. We’re committed to maintaining this standard and continually improving the site.

For more details, visit our Instagram or website, grottogetaway.com, and if interested, reach out to us for a deeper conversation. We appreciate your interest and support in making this vision a reality.

Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form⁠

In E088 of the REI Hot Seat, Andrew welcomes back David Hulshof to discuss how integrating technology and AI into real estate properties can significantly enhance value and increase profits. They explore innovative approaches to value addition beyond traditional methods like kitchen and bathroom upgrades.

David Hulshof, shares insights on an off-market deal where the property owner equipped each unit with advanced technology. This includes features like facial recognition for entry systems, which have become a major talking point among potential buyers. Despite not being overly expensive, this technology adds a perceived high-end quality to the property and can potentially increase rental income by $50 to $75 per month per unit.

The discussion extends to other AI applications, such as systems that monitor appliance performance and tenant behavior to optimize property management and maintenance. For example, some technologies can alert landlords about issues like a malfunctioning heat pump or a tenant frequently opening windows when it's too hot, allowing proactive management.

Andrew and David emphasize the financial benefits, including improved ROI and enhanced tenant satisfaction, of adopting such technologies. They also touch on broader trends in real estate, highlighting the potential for AI and tech to create efficiencies and increase property value in a competitive market. The conversation underscores how small technological investments can lead to substantial financial gains and operational improvements in real estate.

Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s

Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E088 Can AI-Powered Tech Really Boost Your Property's Value?

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form⁠

In this episode of the REI Hot Seat, Andrew Hines is joined by Jacob Campagnaro, David Hulshof, and Mark Luciano to discuss an intriguing real estate deal offering a 7% cash-on-cash return.

Mark Luciano, a newcomer to the show, provides an in-depth analysis of the deal, which is located in the Niagara region. The property, with an asking price of $1.7 million and a potential offer price of $1.6 million, features a mixed-use building primarily used for residential purposes with a small commercial component, making it eligible for CMHC financing.

The team delves into the specifics, highlighting the high-quality area, potential commercial tenants, and current leasing status. They emphasize the attractiveness of the deal due to its 6% cap rate on acquisition and potential for cash flow improvement through minor rent adjustments.

The discussion also covers the implications of mixed-use properties, the importance of detailed lease agreements, and strategies for managing and optimizing such investments. Overall, the episode provides valuable insights into evaluating and capitalizing on mixed-use real estate opportunities, including understanding cap rates, cash flow, CMHC financing, lease agreements, and property management. This episode is a must-watch for investors interested in high-yield real estate deals and the nuances of mixed-use property investment.

Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s

Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form⁠

In E086, Andrew and Jacob discuss recent changes in the real estate market, including new rules for the MLI Select program and a recent interest rate drop by the Bank of Canada, the first in four years. The conversation highlights how these changes impact investor sentiment and market activity, noting that while the quarter-point rate drop hasn't significantly increased buying activity, it has sparked more discussions among potential buyers. The episode delves into the nuances of the MLI Select program, emphasizing the need for a blend of efficiency and affordability in multifamily investments. They discuss how the new rules require a combination of energy efficiency, accessibility, and affordability to maximize benefits from the program. This insightful episode provides strategic advice for real estate investors navigating these updates and encourages listeners to stay engaged with ongoing content and events. With a focus on the key interest rate drop by the Bank of Canada, the discussion explores its indirect effects on bond rates, market trends, and the overall investment landscape in Canada, particularly in the multifamily housing sector. Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram:   reihotseat   E086 Why Did the Bank of Canada Finally Cut Rates After 4 Years? 0:48 - Introduction and Professional Developments 2:03 - New Rules and Rate Drops 5:57 - Impact on Residential and Commercial Markets 12:57 - Challenges and Opportunities with MLI Select 21:21 - Strategies and Predictions 24:10 - Conclusion and Audience Engagement Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In E085, I'm joined by Zac Willms and David Hulshof to review a six-unit turnkey apartment building in Ontario. Zach is the listing agent for this fully renovated property, which features new electrical, plumbing, flooring, and kitchens. The building is designed for CMHC's MLI Select program, focusing on energy efficiency, but recent rule changes mean the current owner can't refinance, offering a great opportunity for a new buyer. The 1950s or 1960s brick building has a flat roof and separate hydrometers. Heat is managed through unit heat pumps with backup baseboard heating. Located in Thorold, it's close to Brock University and new developments, making it attractive for renters. Financially, the property brings in $10,200 monthly from rent, with potential for increases. Additional income could come from laundry facilities. Taxes are estimated at $7,700 annually post-renovation. Due diligence, including environmental assessments, appraisals, and building condition analyses, is crucial. While initial cash flow isn't huge, the property offers a stable investment with significant upside due to quality renovations and a strategic location. This episode highlights the importance of a thorough, methodical approach to multifamily investing, focusing on stable, lower-risk opportunities with steady returns and future growth. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In E084, I'm joined by Jacob Campagnaro and David Hulshof, and we're diving into the fascinating world of creative deal structures. We've previously covered various aspects of VTBs and similar strategies, but today's focus is on some unique and innovative approaches to structuring deals. Creative financing is what keeps this job exciting and allows us to turn challenging situations into opportunities. For example, we discussed a property in downtown Toronto with ten units, some of which are vacant and ripe for conversion from large two-bedrooms to more marketable one-bedroom units. This kind of strategic conversion can significantly enhance property value and improve cash flow potential. Another aspect we explored is understanding a seller's goals and finding ways to meet them creatively, such as JV partnerships where one party provides capital for development in exchange for a share of the profits. In one case, a Florida property owner who ran out of funds was severing lots but lacked the resources to pave the road. The solution? A JV where the investor funds the necessary work, creating a win-win scenario. This is what makes creative deal structuring so compelling – it's about finding mutually beneficial solutions that align with everyone's goals. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E084 Unlocking Profits with Unique Deal Structuring 0:32 - Introduction to Creative Deal Structuring 1:29 - Importance of Understanding Seller Goals 1:55 - Florida Deal Structure Example 2:08 - Downtown Toronto Real Estate Challenges 2:35 - Converting Two-Bedroom Units to One-Bedroom Units 3:01 - Discussion on Market Data and Refinancing 5:49 - Creative Financing Options and JV Opportunities 8:44 - Excess Land and Future Development Potential 11:18 - Garden Suites: Challenges and Opportunities 16:04 - Legal and Zoning Issues in Real Estate 20:18 - Specialization in Real Estate Transactions 25:25 - Educational Value for Investors Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In E083, Jacob Campagnaro and David Hulshof join us for a discussion on the current capital gains situation. Many think it's a done deal, but we're not so sure. David mentioned an article indicating that these changes haven't been finalized yet. As of April, it still needs to pass through both the House and Senate. If anyone has more information, please share in the comments. There's confusion around Trudeau's budget proposal and circulating videos. Despite the uncertainty, people are making significant decisions based on the assumption that the changes are imminent. Some are even willing to take losses to sell quickly, fearing increased taxes. It's crucial to stay informed and avoid acting impulsively. Consult with your accountants and legal advisors before making any hasty decisions. While there's always a risk with investments, base your actions on solid information and strategy. In summary, while the capital gains situation is still uncertain, it's causing significant market activity. Stay informed, consult experts, and make strategic decisions based on accurate information. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E083 Is Trudeau's Capital Gains Plan a Done Deal? 0:42 - Capital Gains Situation Overview 2:14 - Market Reactions and Investor Moves 3:14 - Uncertainty and Legal Loopholes 10:16 - Potential Long-term Strategies 11:43 - Effects on the Market 12:10 - What Should Sellers and Investors Consider Doing? 12:50 - Investor Mindset and Decision Making 18:19 - Conclusion Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In E082 of the REI Hot Seat podcast, Andrew Hines discusses a near miss on a subject-to deal involving a condo in Miami. Competing against an all-cash offer, Andrew proposed seller financing terms that included various amortization periods to accommodate the seller's credit card debt. Despite the seller's initial interest, she opted for the immediate relief of the cash offer. Hines reflects on the negotiation process, emphasizing the importance of understanding seller objections, maintaining flexibility in financing terms, and the value of training his team to pitch creative financing solutions effectively. He also shares insights on dealing with distressed sellers and highlights the potential for securing favourable deals through persistent efforts and strategic offers​​​​​​. Grotto Getaway Glamping Instagram: https://www.instagram.com/thegrottogetawayglamp/ Grotto Getaway Glamping: https://www.grottogetaway.com/ Neptunes Hideaway: https://neptuneshideaway.ca/ Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E082 What Went Wrong in This Almost-Deal? 1:22 - Seller's Background and Initial Financing Options 2:52 - Uncovering the True Objections 3:10 - Deal Economics: Cash Flow and Return 4:00 - Challenges in Closing the Deal 6:00 - Creating Win-Win Solutions for Sellers 7:00 - Training the Team on Creative Financing 8:15 - Doubling Investment: Example of a Successful Deal 9:37 - Pitching Seller Financing Solutions 10:32 - Modified Cash Flow Sheet for Analysis 12:05 - Closing Remarks and Future Episodes Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E099, Andrew Hines and David Hulshof discuss a purpose-built six-unit property in London, Ontario. The previous owner made significant energy efficiency upgrades, preparing it for the MLI program, though it won't qualify for the full 50-year term. Buyers can expect up to 45 years with a higher premium. The fully vacant building has been renovated with new windows, doors, heat pumps, and upgraded interiors. Rent estimates for the two-bedroom units, including below-grade ones at $1,700, are conservatively set to attract tenants.

Despite being in a C/C+ area, the building's purpose-built design and high-quality renovations make it a strong investment. David explains that rental rates are based on local comparables, offering real-world data to support their pricing. The seller is flexible, willing to tenant the building or leave that responsibility to the buyer, depending on their preference.

David also discusses broader market trends, noting that many deals are now being done off-market, providing sellers more control and buyers exclusive opportunities. With recent interest rate drops, there are strong deals available, particularly for energy-efficient, renovated properties like this one, which promise long-term value and rental income potential.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E099 The Secret to Finding Undervalued Properties with High Potential?

0:49 – Overview of the six-unit building in London and decision to sell

2:03 – Discussion on conservative rental pricing and unit layouts

4:19 – Why the building is an attractive investment opportunity

6:10 – Overview of financing options and potential cash flow

7:20 – Advantages of a 10-year mortgage term

9:24 – Details on expected cash flow and return on investment

11:01 – Market trends and the benefits of off-market deals

14:26 – Transition in the real estate market with rate adjustments

17:00 – Non-purpose-built buildings: opportunities and challenges

19:20 – Cash flow comparison between purpose-built and non-purpose-built properties

21:00 – Wrap-up

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat E080, Andrew reconnects with Jacob to discuss a promising real estate opportunity in downtown Burlington. Jacob, familiar with the area due to recent purchases, shares his interest in potentially acquiring the building, which is well-maintained and ideally located for high demand. Jacob outlines that the property, while listed by another realtor, is close to his properties and offers a unique investment opportunity due to its prime location. The conversation then dives into specifics, analyzing the potential rent rates compared to current listings, with Jacob suggesting that the downtown Burlington location could command higher rents than those listed. Andrew and Jacob discuss various strategies for managing the property, considering whether high-end renovations would attract a better tenant base or if a more moderate approach would suffice. They also contemplate the impact of nearby condo developments on rental rates and discuss the optimal target demographic for the property. The duo also explores the financial aspects, such as insurance costs and potential revenue, offering a detailed breakdown of expenses and income. The conversation ends with a strategy session on how to proceed with acquiring and managing the property, emphasizing careful financial planning and a clear understanding of the local real estate market. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E081 The Anatomy of a Perfect Investment 0:36 - Introduction to the Episode 0:49 - Personal Updates and Small Talk 1:30 - Discussion on Burlington Property 2:59 - Rental Strategy and Pricing 7:08 - Property Management and Maintenance 12:07 - Financial Analysis and Value Estimation 14:35 - Market Analysis and Investment Strategy 18:24 - Closing Thoughts and Future Plans Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat E080, I'm diving into a land deal in Florida that has unique potential despite some challenges. We're under contract for a 20-acre parcel which, despite having high-voltage power lines and limited access issues, offers considerable upside due to its size and versatility—you can hunt, ATV, or dirt bike on it. The complexities of this deal stem from it being near a floodplain and wetlands, and having only ATV trails for access. We've negotiated hard, dropping our initial per-acre cost from $13,000 down to $5,000, aiming for a flip that could net us around $100,000 in profit. It's an intricate deal but showcases the lucrative opportunities in land investments here in the U.S. compared to the Canadian market. Even though the path forward is not fully clear and relies heavily on local realtor insights, the strategy remains robust: buy significantly under market value, and navigate the legal and environmental complexities to turn a substantial profit. This is a classic example of how understanding local conditions and having boots on the ground can transform a potentially problematic property into a profitable project. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E080 How to Buy Land in Florida for Half the Value 0:32 - Welcome Back to REI Hot Seat 0:35 - Introduction by Andrew Hines 0:49 - Overview of the Florida Land Deal 1:49 - Detailed Discussion on Property and Deal Breakers 2:52 - Analyzing Land Features and Challenges 4:58 - Financial Strategy and Negotiation Details 7:27 - Final Thoughts and Next Steps Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat E079, Andrew Hines speaks from his home office about a real estate deal he's exploring in Cape Coral, involving an off-market property that's a good candidate for a "subject to" purchase. This method allows him to take over the property payments while leaving the existing mortgage in place, which is useful in cases where the seller is under financial distress and can't easily sell the property otherwise. Andrew discusses a specific property—a three-bedroom, two-bath house with a pool—and explains how he's analyzed its financial viability through a detailed spreadsheet. He estimates the mortgage and potential rental income, especially from Airbnb, and outlines his proposed terms to the seller. These include taking over the existing mortgage and providing the seller with a combination of upfront cash and payments over time. He emphasizes the importance of pitching this deal simply and effectively to the seller, focusing on immediate financial benefits without overwhelming them with complex financial details. Andrew's strategy aims to create a win-win scenario, offering the seller a way out of their financial predicament while securing a property with good cash flow and return on investment for himself. The episode concludes with an invitation for feedback on the subject-to strategy and a mention of the next podcast episode. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E079 Ultimate U.S. Market Entry Strategy for Canadians 0:32 - Introduction and Overview 0:57 - Explanation of 'Subject To' Purchase 1:44 - Details of the Cape Coral Property Deal 2:06 - Financial Analysis and Strategy 4:46 - Pitching the Deal to the Seller 6:40 - Potential Returns and Investment Strategy 10:09 - Negotiation Strategy and Conclusion Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat E078, Andrew Hines engages with Jacob Campagnaro and David Hulshof to dissect the evolving commercial real estate landscape. Their conversation reveals a significant trend towards more conservative investments, emphasizing "boring" yet stable properties that promise long-term value enhancement rather than short-lived profits. The trio tackles the pressing challenges of today's market, including hesitant buyers and the repercussions of legislative measures like the Emergencies Act on real estate operations. They delve into effective strategies such as the BRRRR method and highlight the pivotal role of innovative deal structuring in navigating a highly competitive market environment. The insights shared by the guests underscore a shift away from the pursuit of swift financial gains towards a more calculated and thoughtful investment strategy, fostering a climate where strategic thinkers thrive. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E078 Why the Smartest Investors are Now Choosing Boring Real Estate 00:55 Introduction and Episode Theme 01:39 Challenges in Commercial Real Estate 02:48 Buyer Hesitation and Investment Strategies 06:00 Effective Strategies and Market Predictions 10:01 BRRRR Method and Holistic Investing 13:01 Investing Philosophy and Future Outlook 18:42 Conclusion and Calls to Action Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat E077, we dove into Simcoe's potential for mixed-use property investments with Jacob Camagnaro. Discussing the untapped opportunities, we highlighted the lack of CMHC inflation impacts, making these investments increasingly viable. Simcoe stands out with its sizable renter base and strong blue-collar community, presenting a prime environment for rental ventures. Despite the current market hesitations, this segment holds promise, particularly given Simcoe's appeal for central property investments due to the absence of public transport. Jacob's insight on an off-market property in the tobacco belt, eyeing our buyer network, underscores the strategic value in smaller town investments. With its potential for solid renter demand and appreciation, alongside the appeal of VTB financing to ease buyer entry, the conversation was a deep dive into leveraging market nuances for substantial returns. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E077 Blue-Collar Towns: Where Smart Money Goes Next! 0:49 Introduction 1:04 Overview of Mixed-Use Property 2:05 The Appeal of Simco 3:14 Investment Opportunity Analysis 4:23 Financial Insights and Growth 6:28 Rental Strategy 9:01 Financing and Returns 11:03 Investment Opportunity Discussion 13:30 Challenges and Solutions 15:20 Future Developments and Opportunities Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat episode 076, Andrew and Jacob delve into the game-changing strategies reshaping real estate investments. They underscore the profound impact of creative deal structuring and seller partnerships on optimizing investments. By leveraging innovative approaches like deferring taxes through reinvestments and establishing secure, win-win partnerships, they highlight how investors can significantly enhance their financial outcomes. The conversation also navigates through the complexities of the current market, emphasizing the necessity of creativity and adaptability in transactions. This episode not only sheds light on unconventional investment techniques but also reinforces the value of strategic partnerships and thoughtful negotiation in real estate. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E076 Can You Really Get More By Investing Less in Real Estate? 0:46 - The Power of Creative Deal Structuring 1:49 - Mechanics of Seller Partnerships 3:35 - Advantages of Structured Seller Investment 4:20 - Exploring GP and LP Roles 5:49 - Creative Solutions to Real Estate Challenges 7:31 - Maximizing Tax Benefits and Investment Returns 8:42 - The Need for Creativity in Canadian Real Estate 17:04 - Conclusion

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat episode 075, Andrew and Jacob are back together in our new Burlington studio, diving into the realm of real estate and investment trends for the upcoming years. They explore a 13-unit off-market building in Welland, initially dismissed by Jacob due to its negative cash flow projections. However, they delve into strategies to make such properties profitable, highlighting the current Ontario market's challenge with underpriced units and the long-term approach needed to make these investments viable. They discuss the concept of "boring real estate" as their new mantra, emphasizing the need for patience and a steady approach in today's market. Unlike the rapid turnover strategies popular in the past, they advocate for a CMHC acquisition route for stable, albeit modest, cash flow from the outset, and a gradual increase in value through natural tenant turnover and strategic renovations. This episode showcases a shift towards more prudent, long-term real estate investments, moving away from the aggressive, high-risk strategies of recent years. It's about building solid, reliable portfolios that may not be flashy but promise steady growth and sustainability in an ever-changing market landscape. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E075 Is Boring Real Estate the Future of Investing? 0:32 - Introduction to the New Studio 0:53 - Diving into the Off-Market Building in Welland 1:21 - The Appeal of Boring Real Estate 2:30 - Breaking Down the Numbers 4:02 - The Strategy for Success: CMHC Acquisition 7:01 - Potential for Increased Value Through Renovations 9:01 - The Importance of Boring Real Estate in Today's Market 11:01 - Engaging with the Audience and Building Relationships

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's solo episode of the REI Hot Seat with Andrew Hines, I am diving deep into the pulse of Canada's economy, zeroing in on the real estate sector. We're taking a closer look at price movements across key markets in Ontario—Toronto, London, and Welland—to understand the current dynamics at play. A significant part of our discussion centers around immigration's substantial impact on Canada's economic fabric, alongside the pivotal role interest rates are playing. We're also exploring the effects of both local and international investments on the housing markets, providing a comprehensive overview of how these investments are reshaping the landscape. Moreover, we'll delve into broader economic challenges, including inflation and the carbon tax, and speculate on the possibilities of future interest rate adjustments. This episode aims to unpack the complex interrelations of these elements and their collective influence on Canada's real estate scene, offering valuable insights for investors navigating these waters. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E074 Is Immigration the Lifeline of Canada's Economy? 0:36 - Intro 0:41 - Canadian Economy and Real Estate Market Update 0:59 - Exploring Real Estate in Ontario 5:43 - The Role of Immigration in Canada's Economy 9:38 - Interest Rates and Their Impact 13:19 - Adapting to the New Normal 13:35 - Opportunities and Strategies 13:53 - Conclusion

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat episode 073, we cut straight into the nitty-gritty of flipping a 25-unit multifamily beast. Jacob shares the ins and outs of assessing complex deals, especially those quirky listings that don't fit the usual mold. We dive deep into location analysis, sizing up renovations, and the art of negotiation, underlining the need to get your hands dirty with thorough financial breakdowns. We spotlight a specific project, breaking down its potential to boost value through smart upgrades. The key takeaway? Solid due diligence and sharp financial forecasting are your best allies in this game. Jacob's on-the-go business style underscores a crucial point: in real estate, adaptability and insight can turn even the most daunting projects into gold mines. It's all about rolling up your sleeves, understanding your asset inside and out, and playing the long game with a clear strategy in mind. Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E073 Creating Cash Flow with 25 Multifamily Units

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In today's REI Hot Seat spotlight, I'm breaking down the playbook for Canadians eyeing the U.S. real estate scene, with a laser focus on Cape Coral, Florida. Leveraging Zillow and other digital tools, I've mapped out how to uncover and analyze prime investment spots. Cape Coral's overflowing inventory? That's our gold mine, packed with deals waiting to be clinched by those ready to act. Financing might seem like a hurdle, but it's nothing a few clever strategies can't handle. We're talking about properties that have lingered on the market, smart pricing analysis, and making "subject to" mortgage deals work in our favor. It's about being savvy with public records, skip tracing to reach owners directly, and customizing offers to fit the seller's needs. So, if you're set on marking your territory in the U.S. market, let's dive into the tactics that turn challenges into opportunities, all from a Canadian lens. E072 - The Canadian Investor’s Tools for U.S. Real Estate Success 0:51 - Introduction to Investing in the U.S. as a Canadian 1:10 - The Allure of U.S. Real Estate for Canadians 1:38 - Case Study: Cape Coral, Florida 2:31 - Using Zillow for Market Research 3:21 - The 'Subject To' Investing Strategy 4:19 - Leveraging Public Records for Due Diligence 5:26 - Skip Tracing and Contacting Property Owners 6:18 - Tailoring Offers Based on Seller's Situation 7:28 - Opportunities and Challenges of Market Transparency 8:15 - Strategies for Finding Motivated Sellers and Making Offers 10:30 - Wrap-Up and Call to Action Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E098, Andrew Hines and Jacob Campagnaro delve into the details of a real estate investment opportunity in Toronto's desirable Beaches neighborhood, focusing on a sixplex property. They discuss the advantages of quick closing in securing better deals, noting that understanding the seller's motivations—such as the need for speed—can lead to more favorable pricing. The property, a six-unit walk-up that has been meticulously maintained by the owner for over 12 years, presents significant value-add potential, particularly through rent increases and creative financing strategies.

Jacob highlights that while the current rents are below market, there is a substantial opportunity to increase revenue as units turn over. The owner-occupied unit will be vacant at possession, offering immediate rental potential or the option for the buyer to negotiate terms, such as the owner staying on temporarily or providing rental guarantees.

They also discuss various financing options, including the possibility of using a Vendor Take-Back (VTB) mortgage to mitigate tax liabilities and reduce the buyer's upfront costs. Jacob explains that the property has not been refinanced in over a decade, leaving room for creative financing solutions like a VTB, which could be structured in multiple ways depending on the buyer's needs.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E098 Can This CMHC Financing Flexibility Secure Your Next Deal?

1:08 - Overview of the Toronto Beaches Sixplex Property

3:19 - Rent Potential and Market Spread

5:00 - Financing Options and CMHC Underwriting

6:02 - Negotiation Strategies: Understanding Seller Motivation

7:14 - Creative Financing: Vendor Take-Back (VTB) Mortgage

8:23 - Market Conditions and Opportunities in Toronto

9:45 - Potential for Airbnb and Investment Strategies

11:18 - Tenant Relations and Cash for Keys

12:05 - Creative Deal-Making and Structuring Offers

14:01 - Final Thoughts on Investment Potential

16:00 - Closing Remarks and REI Hot Seat Insiders Invitation

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form Today we dissect an exciting real estate investment opportunity that's come our way—a vacant sixplex in St. Catherine's, Ontario. Jacob brought to light a unique situation where the seller, through agreements with the tenants, has vacated the property, presenting a golden opportunity for investors. This setup is particularly appealing for those looking to leverage the BRRRR strategy, sidestepping the common hurdle of tenant displacement. We delved into the nuts and bolts of the property, discussing its current state, the ballpark figures for renovation costs, and the potential rental income post-renovation. The financing aspect of this deal also sparked an intriguing conversation, where we explored various options, including conventional mortgages, CMHC-insured loans, and bridge financing. The rarity of stumbling upon a vacant multifamily property like this, combined with the strategic renovation and tenant placement, spells a high ROI potential. E071 The Sixplex Strategy for Maximum Profit with Jacob Campagnaro Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form Today, we're slicing through the intricacies of real estate with Brandon Disher, an authority on economics and property investing. Brandon casts a spotlight on the Canadian market, forecasting a promising future for multifamily properties, even as he navigates the choppy waters of interest rates and demographic changes. He paints a realistic picture of the market's forces, from immigration to supply-demand dynamics, and issues a word of caution about the residential sector's bubble-like conditions. E070 Forecasting Housing Trends in Canada Utilizing Economic Indicators with Brandon Disher Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode with Jacob Campagnaro, we discuss a real estate deal involving a sixplex property in London. We examine various aspects of the property, including its location, unit breakdown, renovations, potential for cash flow, financing options, and return on investment (ROI). We delve into details such as rent rates, expenses, financing terms, and potential strategies for maximizing returns. Despite some conservative estimates, we find the deal promising, especially given the potential for rental increases over time and the property's location in a regentrifying area. E069 Transforming a Sixplex into a Cash Flow Machine with Jacob Campagnaro Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode with Dmitri Bourchtein, we zoom in on the U.S. real estate market, unpacking the power of real-time data for managing properties and the strategic edge of investing in the right locations. We dive into crucial tips for Canadians looking to invest in the U.S., covering tax strategies, financing options, and the importance of diversification. Plus, we shed light on debt service coverage loans for single-family rentals, highlighting their role in achieving solid returns. E068 Financial Freedom Through Passive Real Estate Investing with Dmitri Bourchtein Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ Chapters list: 00:35 - Introduction to Real Estate Investing Trends 05:22 - The Impact of Corporate Relocations 10:18 - Analyzing Economic and Job Growth Data 15:27 - The Rise of Secondary and Tertiary Markets 20:20 - Real Estate Investment Strategies for 2024 25:12 - Navigating Property Taxes and Financing in the USA 30:15 - The Importance of Real-Time Data in Property Management 35:10 - Predictive Analytics and Market Forecasting 40:01 - Diversification and Portfolio Management

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, we dove into the topic of forward sales within the real estate investment sector. This approach involves locking in sales agreements for properties ahead of completing enhancements or developments. They shed light on its significant advantages, such as adding value, facilitating financing, and delivering ready-to-go options for both parties involved. From large-scale portfolio sales in New Brunswick to more modest investment ventures, this strategy proves invaluable for overcoming financing hurdles and elevating property worth, showcasing its adaptability across various market scenarios. E067 Unlocking the Secrets of Forward Sales with Andrew Hines and Jacob Campagnaro Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ Chapters list: 1:00 - Understanding the Concept of Forward Sales 3:50 - Benefits for Sellers and Buyers 5:17 - Application in Student Rentals 6:04 - Market Dynamics and Forward Sales 7:23 - Forward Sales in Development Projects 8:59 - Optimizing Value for Sellers 9:25 - Future Episodes and Content Preview 10:09 - Closing Remarks

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, we explored the real estate market's current landscape, focusing on how changing interest rates influence buyer and seller behaviors. Our conversation covered the impact of these fluctuations on real estate transactions, emphasizing the importance of strategic approaches like vendor take-back mortgages and the role of CMHC rates. We also discussed the varying perspectives of buyers and sellers, offering a comprehensive view of today's real estate dynamics. E066 Unlocking the Secrets of Buyer and Seller Strategies in Today's Market with Jacob Campagnaro Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ Chapters list: 03:40 Market Trends and Investments 10:25 Vendor Take-Back Mortgages 14:00 Real Estate Transaction Strategies 17:35 Teamwork in Real Estate 19:10 Buyers vs Sellers Perspectives

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, we're diving deep into the world of real estate investment, focusing on the key element of setting crystal-clear goals as we step into the new year. Jacob and I will be sharing some personal insights on investment strategies and the refinancing game. For those new to the scene, we emphasize the importance of seeing real estate through the lens of a business, with risk management taking center stage. E065 Real Estate Investment Strategies for 2024 with Andrew Hines and Jacob Campagnaro Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ Chapters list: 03:25 - Effects of Infrastructure on Real Estate Values 07:16 - Market Dynamics and Investor Sentiment 10:37 - Strategies in Real Estate Investment 15:03 - Aligning Investment with Personal Goals 19:49 - Conclusion and Planning for the Future

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew analyzes the economic outlook for 2024, anticipating a potential decrease in interest rates and discussing signs of a looming recession. He stresses the importance of recession-proof investment strategies, suggesting a focus on affordable housing and exploring opportunities in diverse markets, including the United States. Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E064 - 2024 Investor Insights: Adapting to Economic Uncertainties with Andrew Hines Chapters list: 03:56 - Economic Forecast for 2024 06:57 - Interest Rates and Recession 08:00 - Investing in Affordable Housing 09:12 - Diversifying into the US Market

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew explores leveraging AI, specifically ChatGPT, as a powerful tool for real estate investors in 2024. He demonstrates how to create personalized bots for tasks like business planning and insights. Andrew envisions using these bots to streamline processes, from deal analysis to market selection, emphasizing their potential to enhance efficiency in real estate investing. E063 Transforming Real Estate Investing Strategies with Andrew Hines Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ Chapters list: 0:44 - Welcome to the REI Hot Seat 1:15 - AI Tools Unleashed 1:36 - Building Personalized Bots 3:13 - Success Coach with ChatGPT 5:07 - Analyzing Deals with AI

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew and Jacob discuss an upcoming real estate deal near London, Ontario. They explore the property's current condition, potential for improvements, and various challenges associated with different investment strategies. The conversation emphasizes the significance of strategic acquisition, considering factors like cap rates, value-add opportunities, and market dynamics. The primary focus lies on enhancing property value through tactics such as rental increases and renovations. E062 Strategic Acquisitions for Sustainable Cash Flow with Jacob Campagnaro Jacob Campagnaro's email: jacob@investmentsgroup.ca Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E097, Andrew Hines is joined by Brad McCrae and David Hulshof to discuss a unique real estate deal involving the conversion of a commercial townhouse complex into residential units.

Brad, a first-time guest on the show, explains that this deal is particularly attractive because it offers a straightforward path to stabilizing the asset, refinancing, and potentially pulling out most or all of the invested capital within 12 to 18 months.

The property, currently home to a few commercial tenants with no leases, is set to be converted to residential use, with preliminary approval from the city.

The guys delve into the details of the conversion process, discussing zoning changes, environmental assessments, and the potential financial benefits of the project. They also touch on the importance of due diligence and risk management in real estate investing, highlighting how the deal could be highly profitable for the right buyer.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E097 How Can You Turn Commercial to Residential and Score Big with CMHC?

0:39 - Introduction & Deal Overview

1:06 - Why This Deal is Significant

2:17 - Deal Details: Commercial to Residential Conversion

17:50 - CMHC Scoring Strategy

19:30 - Analyzing the Financials

25:50 - Final Thoughts & Due Diligence Tips

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, David Atwell discusses his unique hospitality business strategy, leveraging technology for an efficient guest experience. The conversation delves into AI, automation, and the broader impact of technology on hospitality. Addressing the potential impact of a recession, David highlights their middle-market approach, emphasizing value and amenities to thrive in any market conditions. The overarching theme underscores the significance of meeting guest needs for sustained success. E060 Exploring the Tech-Infused Landscape of Hospitality with David Atwell Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew and Jacob discuss a property deal they covered eight months ago, highlighting significant changes. They emphasize the presence of a motivated seller and delve into the details of a 16-unit building in Orillia. The property, located about 45 minutes north of Barrie, offers various investment opportunities, particularly with its potential for increased rents and a mix of furnished units. Andrew and Jacob analyze the financial aspects, including required funds for closing, a potential 4% cash-on-cash return, and the impact of changing interest rates on the market. This episode delves into the property's suitability for different types of buyers, emphasizing the importance of strategic planning and optimizing various aspects for increased value. E060 Analyzing Changes in a Dynamic Real Estate Deal with Jacob Campagnaro E060 Chapter List: 01:55 Exploring the Motivation Behind the Sale 04:23 Reintroduction to the 16-Unit Property 06:02 Financial Breakdown and Market Projections 10:01 Strategies and Buyer Profiles 13:36 Crunching the numbers for potential buyers 15:09 Assessing the market sentiment and potential for a soft landing Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew and Jacob explore the current state of Airbnb, touching on market trends, legislation, and potential challenges. The conversation emphasizes the importance of adapting strategies to overcome obstacles, such as changing customer preferences and government regulations. The hosts suggest alternative approaches like boutique hotels, campground investments, and creative property use to enhance the Airbnb experience and maximize profitability. E059 Navigating the Airbnb Investment Landscape with Jacob Campagnaro E059 Chapter List: 1:00 - Introduction to Airbnb Investing Trends 5:12 - Legislative Changes and Tax Implications 9:45 - Market Challenges and Downward Trend 12:18 - Strategies for Adapting to Negative Perception 16:40 - Location-Based Considerations for Investors 21:20 - Future Outlook and Opportunities Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew and Jacob delve into alternative investments, spotlighting mixed-use properties and commercial real estate amid challenges in the multifamily market. Andrew suggests exploring opportunities in smaller towns, emphasizing the advantages of strategic positioning and long-term leases. The conversation underscores the importance of realistic pricing, considering zoning regulations, and identifying potential for future development in diverse real estate ventures. E058 Resilient Real Estate Investing Strategies with Jacob Campagnaro Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E058 Chapter List: 0:35 Introduction to Alternative Investments 1:10 Exploring Mixed-Use Investing 4:20 CMHC's Impact on Multifamily Market 8:09 Commercial Ownership and Financing 12:00 Opportunities in Small Municipalities 15:02 Storage Facilities and Land Development 16:52 Adding Value through Unconventional Approaches

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-formIn this episode, Jacob and Andrew delve into the intricacies of mortgage buydowns, centering on the advantages of leveraging this strategy in commercial real estate. A hypothetical scenario is used to illustrate potential benefits, highlighting the flexibility and financial opportunities associated with buying down interest rates. The discussion also recognizes that the feasibility of this approach may vary based on individual circumstances and the policies of different lending institutions.E057 Leveraging Mortgage Buydowns in Real Estate Investing with Jacob CampagnaroAndrew's linktree : https://linktr.ee/theandrewhinesREI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew and Jacob discuss real estate investment opportunities in Ontario, highlighting the current buyer's market and distress sales. They compare Ontario's advantages to the US market, emphasize the importance of timing for investors, and discuss a vendor take-back mortgag in relation to the Kitchener property deal covered. Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E056 Chapters List: 00:31 - Market Overview and Conditions 05:30 - Ontario vs. US Market 10:15 - Timing and Opportunities 15:40 - Vendor Take-Back Mortgage (VTB) and Professionalism 21:00 - Invitation for Further Discussion

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this episode, Andrew delves into Ontario's real estate investment potential and its alignment with recent tax exemptions aimed at new rental construction projects introduced by Ontario Finance Minister Peter Bethlenfalvy on November 1, 2023, specifically targeting new rental construction projects. We'll discuss land acquisition, cash flow from rentals, and the impact of changing economic conditions. The removal of HST on purpose-built units is a notable benefit. I'm excited to talk about potential of investing in Ontario. Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

E055 Chapters List: 0:28 - Introduction 1:51 - Ontario's Real Estate Potential 4:25 - Land Acquisition for Development 6:30 - Testing Assumptions 8:15 - Interest Rate Predictions 9:40 - HST Tax Exemptions 10:53 - Prospects to Invest

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this REI Hot Seat episode, Andrew and Jacob discuss a Toronto real estate investment opportunity, emphasizing the importance of structuring the deal correctly. The discussion touches on the layout of the property and how it can be optimized to add more units. They discuss potential challenges, such as electrical and plumbing modifications, that might be required to accommodate additional units. FREE LIVE webinar: https://www.andrew-hines.com/webinar/ Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

E054 Chapter List: 00:42 - Introduction to Toronto Sixplex Investment 03:12 - Benefits of Six Unit Multi-Family Homes 06:57 - Analyzing Property Values and Investment Potential 11:27 - Deal Structuring and Maximizing Income 17:02 - Unique Ways to Increase Income from a Sixplex If you're looking to invest in real estate, then you need to check out this 6-unit multi-family home in Toronto! In this video, we'll show you how to unlock the potential of this property and make sure you're getting the most out of your investment. We'll give you tips on how to find similar properties, negotiate effectively, and deal with any potential issues that may arise. Ready to jump into the world of real estate investing? This video is perfect for you! With tips like these, you'll be well on your way to becoming a successful real estate investor.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this REI Hot Seat episode, Andrew discusses the current state of the real estate market in Ontario. He delves into the macroeconomic factors affecting the market, such as inflation rates and interest rates, and how they impact investors and consumers. In the current economic climate, it's crucial to adapt to changing market conditions and choose investment strategies that can thrive. The real estate market is not static, and successful investors are those who can pivot and adjust their approaches. FREE LIVE webinar: https://www.andrew-hines.com/webinar/ Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this REI Hot Seat episode, Andrew and Jacob discuss investment strategies and emphasize the importance of focusing on long-term, sustainable gains rather than quick, overnight success. They stress the value of hard work, education, and networking within the real estate market. The conversation also touches on the significance of being willing to work and learn from experienced investors over time to build a strong foundation for future success. Andrew's linktree : https://linktr.ee/theandrewhines FREE LIVE webinar: https://www.andrew-hines.com/webinar/ REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E096, Andrew Hines and David Hulshof discuss the evolving real estate market, particularly in light of recent interest rate drops. They note how these changes are impacting both buyers and sellers, with sellers gaining confidence and buyers becoming more active. The conversation highlights the increasing significance of off-market deals, where trust and proof of funds play crucial roles. They also touch on the challenges of listing properties on MLS, the risks associated with small deposits, and the current opportunities for investors, especially with the possibility of further rate drops. The episode emphasizes the importance of staying informed and connected with knowledgeable agents to capitalize on market shifts.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E096 Why Are Off-Market Deals Becoming the New Norm for Investors?

0:33 - Introduction & Market Sentiment

2:01 - Shift to Off-Market Deals

4:07 - Risks of Listing on MLS

12:24 - Current Market Conditions & Opportunities

14:14 - Future Market Outlook & Closing Thoughts

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form Andrew's linktree : https://linktr.ee/theandrewhines FREE LIVE webinar: https://www.andrew-hines.com/webinar/ REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ In this REI Hot Seat episode, Andrew and Jacob delve into the intricate process of evaluating, pricing and acquiring multi-family homes. They highlight how various acquisition strategies and funding sources can impact purchase prices. The discussion touches upon the duration of the due diligence period and the importance of customizing strategies for different deal structures.

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

---

Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In this REI Hot Seat episode, Andrew and Jacob offer valuable tips for quickly assessing real estate investing deals. They introduce the '0.65 Rule' for a quick evaluation and emphasize understanding expense ratios and dollar per door values. Cap rates are stressed as essential, with advice to find the right cap rate that aligns with your goals. Creativity in deal assessment is highlighted, along with using resources like cap rate reports and sales data. FREE LIVE webinar: https://www.andrew-hines.com/webinar/ Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form Gain access to investor-focused deals by contacting Jacob Campagnaro with this link: https://tr.ee/_B4pmnY97s FREE LIVE webinar: https://www.andrew-hines.com/webinar/ Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ In this podcast episode, Andrew Hines discusses potential for real estate investment opportunities across Ontario. Episode covers detailed breakdown of the financial aspect of an investment, including considerations such as property value, down payment, mortgage terms, and potential rental income. In addition to the various strategies to make the deal cash flow, including the possibility of negotiating a better mortgage rate and renovating the property to increase its value.

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.

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Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.