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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.