In E277 of the Andrew Hines Real Estate Investing Podcast, I had the pleasure of welcoming Patrick Banc onto my podcast for the first time, and it was a fantastic conversation. Patrick’s journey from a secure government job to the adventurous world of real estate investing is truly inspiring. He shared how his parents, who fled communist Poland, laid the foundation for his interest in real estate by purchasing and renovating pre-construction homes. Patrick himself got into the game at a young age, buying his first house at 22 and quickly learning the ropes of property management and renovation.
We delved into his transition from being a truck mechanic to a full-time real estate investor, highlighting his strategic move to live with his parents to save money for his first down payment. Patrick’s story is a testament to the power of discipline, hard work, and seizing opportunities. Despite facing challenges, like dealing with difficult tenants and managing multiple renovations, he has built a successful path.
His current ventures include flipping properties and expanding his business into the United States. Patrick emphasized the importance of surrounding oneself with supportive and like-minded individuals, continuous learning, and maintaining a disciplined lifestyle. His success is also attributed to leveraging social media for networking and raising funds, which has significantly contributed to his achievements in real estate.
Overall, Patrick’s story is a compelling example of how determination and strategic planning can lead to success in real estate investing. His insights and experiences provide valuable lessons.
Sponsors:
Build Your Portfolio Of Hassle-Free U.S. Real Estate (SHARE Partnership): http://bit.ly/sharesfr
Connect with Patrick Banc:
Personal Instagram: https://www.instagram.com/investorpatrickbanc/
Contracting: https://www.instagram.com/thelimitlesscontracting/
Wellness Clinic: https://www.instagram.com/sagewellnessclinic/
LISTEN TO THE PODCAST
Listen on Apple Podcasts: https://itunes.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753
Listen on Spotify: https://open.spotify.com/show/2ND7vIkJhmIEEk73aCwKhE
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