The Ultimate Expert Tips for Young Real Estate Investors with Jack Bernstein

July 7, 2024

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In E283, Andrew catches up with Jack Bernstein after a couple of years. Jack’s been busy transitioning from his corporate job in software sales to becoming a full-time multifamily realtor and real estate coach. He’s also been expanding his portfolio, focusing on acquiring and stabilizing assets.

Jack shares how he got started with a startup that manufactured cell phone charging stations, which he eventually sold to fund his real estate ventures. Despite the market’s ups and downs, Jack’s strategy revolves around buying properties off-market at great deals and flipping them. He highlights the importance of mentorship, risk-taking, and smart investments, emphasizing the need for a strong foundation and active income streams in real estate.

The conversation also touches on the challenges of short-term rentals, particularly in Blue Mountain, and the evolving market conditions with rent softening in some areas. They discuss the benefits of diversifying investments, both geographically and in different asset classes, with Jack eyeing potential opportunities in the U.S. and other markets.

Andrew and Jack agree on the value of sales skills, the importance of working with reliable partners, and the significance of long-term appreciation in real estate. Jack concludes by sharing his plans for steady growth and his focus on both active and passive income streams.

Order your copy of my new book – Real Estate Titans : Tools, Tactics & Wisdom for Canadian Real Estate Wealth today.

Connect with Jack Bernstein:

Instagram: https://www.instagram.com/bernstonecapital/
Website: https://www.bernstonecapital.com