Episode 71 - Investing in Real Estate During a Pandemic w/ The Real Estate Empresses

<p>The Real Estate Empresses are <strong>Sarah Larbi, Gabrielle Campbell</strong>, <strong>Jenn Richter</strong>, <strong>Jessica-Ann Buchta</strong>. This podcast was recorded in May, & while they were speculating about what might happen in the market due to the current situation, a lot of it has come true.</p> <p>They discussed how they have shifted their investments since the pandemic began; also about whether a second wave would happen & its effects; censorship; the narrative that the mainstream media is telling; how to pandemic proof your life!</p> <p>What you'll learn:</p> <ul> <li>Sophisticated buyers are still buying, house flippers & professional landlords</li> <li>Great deals are out there, fewer offers, fewer buyers less competition</li> <li>Some properties ARE receiving multiple offers</li> <li>This is still a great time to buy your first investment property</li> <li>Lower supply issues</li> <li>Prices are fairly stable, what about year to year</li> <li>Why new or first time buyers are hesitant</li> <li>Wholesale deals are still happening, makes it easier for sellers</li> <li>Why today is STILL better than buying tomorrow</li> <li>Now may be the best time to get into multi-family projects - older landlords may want to offload properties, good cashflow</li> <li>Spend 90% of your time on ‘your main thing’ & 10% on what’s next</li> <li>No perfect time to buy</li> <li>Don’t try & hit a home run, just get to first base</li> <li>What happens when CERB runs out, & mortgage deferrals stop</li> <li>Other programs from both provincial & the federal government</li> <li>Ripple effect during the second wave</li> <li>What about rental market</li> <li>Immigration fuels the economy, but the border is closed</li> <li>Why you should have multiple sources of income</li> <li>Pandemics are happening with greater frequency, each one is different</li> <li>Why the Empresses are ensuring their business is recession, internet & pandemic-proof</li> <li>& MORE!</li> </ul> <p>Bios</p> <p><strong>Sarah Larbi</strong> had the drive