#105: 200 Properties, NO $ Down, NO JVs w/Mel & Dave Dupuis

<p class="p1">Gary chats this week with Mel and Dave Dupuis, who have become famous for buying 12 properties in 12 months, using other people’s money and creative financing! They think outside the box with marketing videos, and have embraced Tik Tok and Instagram and created some amazingly creative videos. The car crash they were involved in, in 2018 completely changed their lives. They knew about real estate investing and had a coupe of rental properties separately, but Dave was a full time firefighter and Mel was working at a college part time. Even thought they picked up odd jobs to get more money to invest, they realized they were trading time for money, and at best would be able to buy 1 property per year.</p> <p class="p1"><strong>WHAT YOU’LL LEARN:</strong></p> <ul class="ul1"> <li class="li1">How Rich Dad Poor Dad changed their lives and lead to them buying 12 properties in 12 months!</li> <li class="li1">This purchase was for 56 apartments</li> <li class="li1">They have NEVER done a JV (Joint Venture)</li> <li class="li1">They’ve mentored hundreds of people to get into real estate investing</li> <li class="li1">“The Rich don’t work for money” & “Debt makes you rich”</li> <li class="li1">Why 2020 was their best year, purchasing 119 apartments</li> <li class="li1">The more you do it, the easier it gets!</li> <li class="li1">Their use of creative financing - seller financing, RRSPs, promissory notes</li> <li class="li1">Why they studied people that had large portfolios and lost it all, and the lessons they learned</li> <li class="li1">Why Dave was confident, and why Mel was scared</li> <li class="li1">Their last deal was an 8 plex, 3 commercial units and 5 residential tenants on the second floor in North Bay</li> <li class="li1">What was their worst mistake in investing, and Mel owns up to it!</li> <li class="li1">The secrets they’ve learned to a successful marriage/work partnership</li> <li class="li1">Why they’ve ‘picked a lane’ for responsibilities within the partnership</li> <li class="li1">How success