Lessons Learned Along the Way… How to Grow Your Portfolio and Build Generational Wealth

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Manage episode 296470646 series 2739894
By Sarah Larbi and Alfonso Salemi, Sarah Larbi, and Alfonso Salemi. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Guest: François & Jennifer Lanthier, Real Estate Investors

Jennifer and François started out dabbling in real estate. There was no plan… they were saving for down payments, using their own credit, and eventually hit a financing wall. They were focusing on secondary markets for higher cash flow and they didn’t pay attention to appreciation.

Eventually, they chose to enroll in a mentoring program to grow and start using OPM. At that point, they saw an opportunity in distant markets and they’re now investing in eastern Canada, northern USA and now looking abroad.

Another big lesson they learned is that bad property management can be VERY detrimental. It’s a very open conversation, tune in to find out more.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about:

  • Long-distance investing
  • How to get the whole family involved
  • Slow flips and other beginner strategies
  • How to apply lessons learned from a poor economy
  • Using a mortgage penalty as part of a down payment
  • Joint Ventures for success
  • Mortgages – look at terms rather than just the interest rate

Get in touch with François & Jennifer:
Facebook: https://www.facebook.com/FLHomesCorp
YouTube:https://www.youtube.com/channel/UCcPBtxhWjBkTVI2mhZkMWcQ
Email:flhomescorp@gmail.com

Listen to the full episode at https://www.thereiteclub.com/podcast

This episode has been brought to you in part by
Private Money 4 Mortgages – http://privatemoney4mortgages.com/Private Buyers – https://privatebuyers.ca/
BM Select – https://bmselect.ca/

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