cover of episode E094 Is Investing in Small-Town Ontario the Secret to High Cash Flow?

E094 Is Investing in Small-Town Ontario the Secret to High Cash Flow?

2024/8/9
logo of podcast REI Hot Seat with Andrew Hines and The Investments Group

REI Hot Seat with Andrew Hines and The Investments Group

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In E094, today’s episode is a must-listen for anyone looking to invest in multifamily properties in Ontario. Joining me are David Hulshof and Jacob Campagnaro, and we’re thrilled to introduce Ayub Rahim, a recent client who successfully navigated his first multifamily investment with their guidance.

Ayub’s journey is the perfect example of how you can go from being a listener of this podcast to owning a lucrative investment property. Ayub reached out through the link we always mention, and from there, his real estate journey truly began. After meeting with Jake and Dave, Ayub set his sights on securing a property that would offer strong cash flow and long-term growth potential.

Today, we’re diving into the details of Ayub’s recent acquisition—a 20-unit townhouse complex in Paisley, Ontario. We’ll cover everything from why he chose multifamily investing as his strategy to how he evaluated and ultimately closed on this prime property. For those of you considering investing in Ontario’s real estate market, this episode is packed with insights on the opportunities and challenges of multifamily investments, and why they’re a smart choice in the current economic climate.

We’ll discuss the entire process—from initial property research to the closing table—and share key takeaways that can help you make informed decisions in your own investment journey. If you’re serious about building wealth through real estate, especially in the multifamily sector, this episode offers invaluable lessons on how to find, analyze, and secure properties that can elevate your portfolio.

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E094 Is Investing in Small-Town Ontario the Secret to High Cash Flow?

1:17 - Ayub's Real Estate Journey

2:22 - Why Multifamily Properties?

3:13 - Understanding Investment Metrics

6:43 - Analyzing the Deal

12:26 - Closing the Deal: Challenges and Solutions

20:49 - Post-Closing Plans and Property Management

29:19 - Future Investment Strategy

37:40 - Event Announcement and 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.