Control and Compound with Darren Mitchell8 Aug 2024

The BEST Time to Invest in Real Estate in Canada | Why Aren't You Investing in Calgary Yet? | with Patrick Francey

On today's episode, Darren is pleased to be joined by guest Patrick Francey, CEO of REIN Canada and Host/Creator of The Everyday Millionaire Podcast. The two chat about how Patrick got started in entrepreneurship, why it's important to treat real estate investing like a business, the importance of strong company culture, as well as commentary on certain government policies aimed to alleviate the current housing shortage facing Canadians among other things. Tune in now!

Show notes:

00:00 - Introduction

1:10 - How Patrick got started on his entrepreneurial journey

3:45 - Patrick's take on mindset

10:10 - Treating your real estate investing like a business

13:10 - The importance of good culture in business

25:05 - Using data to make important real estate investing decisions

30:05 - How effective are government policies that aim to make housing more affordable for everyone?

33:15 - What people should look for in a tenant screening

38:00 - Determining rental demand before investing in a property

45:10 - Advice for a new real estate investor

FIND PATRICK ON:

INSTAGRAM: https://www.instagram.com/pfrancey/?hl=en

LINKEDIN: https://www.linkedin.com/in/pfrancey/?originalSubdomain=ca

WEBSITE: https://theeverydaymillionaire.ca/

X: https://x.com/pfrancey?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor

FIND US ON:

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JOIN OUR FACEBOOK COMMUNITY: https://www.facebook.com/groups/controlandcompound

BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us

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