Ian Tait is a proponent of part-time investing, or in his case, having a “proper” full-time job and using real estate investing to augment life, structure debt, and provide financial gains for retirement as well as providing for his kids’ future. Guest: Ian Tait, Real Estate Investor & Paramedic Ian Tait is a proponent of part-time investing, or in his case, having a “proper” full-time job and using real estate investing to augment life, structure debt, and provide financial gains for retirement as well as providing for his kids’ future. He has been investing in real estate since he was 20 years old, just outside of Vancouver, BC, in the Fraser Valley. He has owned properties including bare land, multi-family duplexes, apartments and condos, as well as acreage and recreational property. While Ian has structured most of his investments in an incorporated company, he also runs a small property maintenance and management company. Ian’s strategy has been to invest in one or two properties and then flip to create more money and then invest again. When his landlord offered his condo to him at $33k Ian realized the benefits of condo investing and his only regret was not taking the later offer of the remaining 10 units in one purchase. He now owns a handful of condos that are full of equity, great tenants and require minimal time spent on maintenance because the condo fees cover many of the typical costs. While real estate investing is a passion of his, it’s currently only a side project, as he works full time as an Advanced Care Paramedic in Chilliwack BC. His hobbies revolve around his two kids (11-year-old Cooper and 7-year-old Gavin), as well as planning and taking extended world travelling with his wife Megan. You will learn about:– Investing in condos as a strategy– Rental property financials and downsides of Airbnb– Interviewing and screening tenants Get in touch with Iain:Instagram: https://www.instagram.com/ferfuksake/ “Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis. “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”.
No transcript available.
POWERED BY BLUBRRY
