Episode 87 - Creative Investing Strategies & Understanding the Edmonton Market w/Wayne Hillier

<p>Gary chats with Edmonton-based Wayne Hillier, host of the Real Estate Investor Dad Podcast. He has been an investor with partner and wife Gabrielle since 2013. Gabrielle leads the investment team, while Wayne primarily focusses on the podcast and mentoring, while their 5 year old daughter plays a big part of this business! They have successfully integrated their business and their family life, to ensure that the work/life balance is in check. They started with Buy/Hold, then moved into Joint ventures, then adding secondary suites, then into Agreement for sales, etc, leading to a large toolbox of strategies implemented daily, that turned into a nice portfolio. For Wayne now, it’s all about Work/Life balance and helping other investors turbo charge their entry into the investing arena!</p> <p>What you'll learn:</p> <ul> <li>Gary provides a current market update - what does rolling back to a modified Stage 2 mean to investors, and the markets?</li> <li><strong>How YOU can get into investing with NO money down, and ZERO credit!</strong></li> <li>What’s happening in the Edmonton market</li> <li>They chatted about VTB’s - Vendor Take Back mortgages</li> <li>Agreements of sale and how Wayne uses them to his advantage</li> <li>Suited properties vs. Duplex</li> <li>Wayne provides insight on the benefits of mindset (a recurring theme on this show!)</li> <li>Why you should also listen to Wayne’s show, to just learn about trends and market performance in other markets</li> <li>Why your experiences in your local bubble might change your perception when learning of other market experiences</li> <li>Why a lot of new investors have the same or similar excuses and how they have overcome and persevered to SUCCEED! - What did they do differently to succeed, and what you can learn from it.</li> <li>The power of networking, hanging out with successful people and mirroring their successes, and learning from their failures</li> <li>Why Wayne feels the Edmonton market is not ‘sexy’ but predictable!</li> <li>Why Wayne focusses on cash