In this episode, Tahani interviews Shanna McFarlane, Partner/Sales Rep at Shanna McFarlane Real Estate Group at Re/Max Hallmark. Shanna reveals some expert tips which will help you finance and profitably manage your real estate properties.

This show starts off Shanna revealing her background information. From being homeless to a top real estate investor, Shanna’s story is all about grit, ingenuity and entrepreneurship. How did Shanna scrape together the down payment for her first property? And, how did Shanna rationalize her expenses once she transitioned to real estate investing?

You will discover the importance of giving prominence to logic over emotion in real estate investing. How do you evaluate a real estate property? And, are the current market conditions favourable for buyers? Other topics discussed include property management, CMA, property negotiations and much, much more.

Whether you are new to real estate investing or an established player, this show is guaranteed to give you the competitive edge.

What You Will Discover In This Episode:

  •      How to start a real estate investing business with little to no resources
  •      Lucrative investing niches for real estate investors
  •      How to AVOID a common mistake that many first time investors make
  •      How to evaluate a real estate investment property

Quotes

“For me, I never want to go back to that life of struggle. I was homeless. They look at life now and say, no way. But homeless at one point…the lowest point, begging people for money”.

“It is very doable but it takes a lot of out of box thinking. As women, automatically the fear is there. You are thinking why this won’t work. But I am thinking, “How can I make this work realistically?”

“A lot of people want to go into real estate. They invest in a lot of books and seminars and conference. But they never really take action”.

Resources:

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money that the Poor and Middle Class Do Not!

Links:

Connect with Shanna

Instagram

Twitter
Website

Facebook

Want to know my secret weapon when it comes to mortgages?

https://streetwisemortgages.com/

Go here for all show notes:

https://www.tahani.ca/fire-podcast/

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