Episode 93 - The Art to Scaling a Real Estate Empire w_Jas Takhar

<p>Gary chats with master content creator Jas Takhar, who Gary calls the Canadian Gary Vee, and he’s built an incredible business called REC Canada. Founded in 2000, REC Canada is a multiple award winning leader in real estate sales and consultation. He has 39 real estate agents working for him, and 10 full time employees. Many new investors don’t take it seriously enough, and that they are building a business. Listen to Jas’ story of success.</p> <p>What you'll learn:<br /> * How as a full time investor you NEED to understand what to delegate!<br /> * Why you MUST take investing seriously as a business<br /> * How Jas gets his staff to buy into his vision<br /> * The role positive MINDSET plays in his success<br /> * Pre construction condos, and why he likes them<br /> * Why at his core he considers himself a ‘sales and service specialist’<br /> * The more you learn, the more you realize how little you know<br /> * Why Jas commits a lot of time daily for learning<br /> * He became an agent at 23 and bought his first investment property at 26<br /> * Why at age 28 he began to focus his business around investors<br /> * Why his parents renting their basement out helped him understand expense offset<br /> * Why his family cherry picked the best tenants<br /> * Why they treated their tenants like family<br /> * Why having tenants showed him how THEY pay the mortgage down, and THIS leads to value going up!<br /> * How one of his podcast guests has 750 doors!<br /> * Why ONE PROPERTY can change your life!<br /> * Why (the reasons) he LOVES pre-construction condos and is focussing on those, but still looks for JV, multi family, etc<br /> * Why immigration numbers will drive condo prices again in Toronto proper<br /> * 3.2 million people will come to the GTA in the next 10 years<br /> * Why inventories are high and resulted in a buyer’s market currently<br /> * You have to think of real estate investing as a business<br /> * Why you shouldn’t panic during downturns<br /> * Ways to pivot as an investor during COVID times