#98 - From Subsidized Housing to Multi-Millionaire w/Edna Keep

<p>Gary starts off the show by answering the question if NOW is a good time to invest; how to invest; and why ‘cash is trash’ and hard assets are the safest place to be RIGHT.NOW.</p> <p>Gary chats this week with Edna Keep, a real estate investor for 13 years with an incredible story. Currently, Edna has 600 doors, and will be adding 84 more soon. She became a single mom at 16, living in subsidized housing, and daughter was in subsidized daycare. Fast forward to today, she is a now multi-millionaire investor, coach and inspires others with her story. Her main strategy is long time, buy/hold apartment buildings. Her claim to fame is a $65 million dollar portfolio with OPM - other people’s money. She invests primarily in Canada, but has properties in the US as well. And you can too…</p> <p><strong>WHAT YOU’LL LEARN:</strong></p> <ul> <li>Why Edna determined that she would be a success through MINDSET</li> <li>Why ‘IMPERFECT action is way better than perfect’</li> <li>Why it’s not ‘live within your means’, or ‘you need to budget’</li> <li>Why she wanted to be wealthy</li> <li>How as a financial planner she would see how well her clients were doing with RE investing</li> <li>How Robert Kiyosaki’s training helped her</li> <li>Why some financial planners ‘don’t know everything’</li> <li>She initially started with her husband, but moved on to JV/partnerships</li> <li>How vendor take back mortgages quickly allowed her to buy more properties</li> <li>Why upkeep expenses (roofs, heating, plumbing) initially made her focus on condos</li> <li>What is the biggest mistake Edna has seen in the multi family market by investors</li> <li>Your first investment will be your hardest, but it gets easier</li> <li>Why she’s purchased ‘turn key’ and fixer uppers</li> <li>Who is Edna getting financing from</li> <li>How she has helped her students set up REITs</li> <li>The role of DUE DILIGENCE on the purchase process</li> <li>WHERE Edna finds co-investors</li> <li>Her best advice on how to scale to multi family investment properties</li>