E067 Unlocking the Secrets of Forward Sales
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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.