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.
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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.