Making it Happen FAST – 32 Properties in 32 Months

Erika Spencer and husband Jay, now both realtors and investors, discovered an interest in real estate investing and made their first moves in 2015, with rent to own properties and then family rentals. They scaled fast, leveraging joint ventures and completing 32 property investments in 32 months!   Guest: Erika Spencer, Real Estate Investor / Realtor Erika Spencer and husband Jay, now both realtors and investors, discovered an interest in real estate investing and made their first moves in 2015, with rent to own properties and then family rentals. They scaled fast, leveraging joint ventures and completing 32 property investments in 32 months!   Their portfolio now consists of 26 properties with 90% of them being brick bungalows with basement apartments or the capacity to develop them and rather than rapid growth they tend to advocate their coaching clients to build more steadily.  Their investing journey started in St. Catharines and as the Niagara Region has boomed they have tried to stay ahead of the growth curve by looking beyond, investing in Welland, Port Colbourne and also Hamilton.  Erika was nominated as Rising Star of the Year by the Canadian Real Estate Wealth Magazine in 2017.  Her focus is now currently building a 4-plex on a severed lot which was possible after buying a bakery.  She is looking to get involved more in small and then larger multi-family investments and likely seeing herself getting involved in private lending.  With so many lessons learned in her real estate career to date, Erika has found her experience, knowledge and just do it motto has attracted newer real estate investors who she now coaches and helps find their own journey to success. You will learn about:– Scaling your business fast and the downsides– Lessons learned and mistakes made along the way– Structuring your JV deals and finding a good JV partner– Setting up corporations, pros and cons– From Bakery to a 4-Plex! Get in touch with Erika:Email: erika@rockstarbrokerage.comNiagara REI MeetUp https://www.meetup.com/St-Catharines-Real-Estate-Investment-Club/ “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages. Contact her to book a FREE Goals Analysis – be sure to mention the podcast when you call. DALIA BARSOUM, MBA FinancePresident and Principal Broker, Streetwise Mortgages Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900 An award-winning Mortgage Broker, Real Estate investor and financial advisor with over 20 years experience in the banking sector, spanning: Wealth Management, Lending, Strategy and Real Estate. Dalia holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of Canadian Bankers Association. She is the author of Canada’s best selling Real Estate Financing Book and an Amazon Best Seller: “Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want”. Dalia’s lending practice encompasses: > Strategies: Buy / Hold, Renovations,