In E037, Shawn Rea gave an update of what he’s been up to since he appeared in episode E020. In only about 4 months time Shawn has made multiple more moves and adjusted his strategy to include even more BRRRRs, including the kind where he pulls ALL of his money back out to be in for ZERO and still keep the property. His current strategy is now including an AirBnB component in which he is acquiring duplexes and renting out one side normally and the other side as short term rentals right off of the beach. I really do think this is a ‘best of both worlds’ strategy with excellent contingency options in case he’s not able to make as much moeny as he’d like with his first venture into airBnB.
Shawn’s got great energy, a great attitude and a clearly limitless potential as a real estate investor and teacher. As was the case before, he remains a person to watch!
iTunes and Google/Android Listen Links: https://linktr.ee/theandrewhines
Connect with Shawn Rea
https://www.instagram.com/shawnrea
https://www.facebook.com/shawn.rea
http://www.reaig.com
Connect with Andrew Hines on
instagram: https://www.instagram.com/theandrewhines
facebook: https://www.facebook.com/theandrewhines
Greater Hamilton REI Meetup Group: https://bit.ly/2VSSc9i
Specific Topics in today’s episode:
- AirBnB in the Niagara region
- Buying on market deals for the “perfect” buy renovate, rent, refinance, repeat project (BRRRR)
- Managing tradespeople and timelines
- dealing with challenging tenants and how to approach tenants with a ‘win-win’ proposal to solve challenges
- personal growth and vision
- processes and daily practices for success
Andrew’s Gear https://www.andrew-hines.com/andrewsgear
Music Info, Artist: JPB, Song: High, NCS Release: Feb 1 2015, No Copyright Copyright Free
