Dec 23, 2021
It's tough to estimate future costs. However, as you approach retirement, you'll have a better idea of how much money you'll need to maintain your current standard of living, and real estate is an ideal opportunity to start investing. Real estate generates constant cash flow, appreciates in value in lockstep with inflation, generates a higher return owing to positive leverage, and allows for equity development through debt reduction.
In today’s episode, we will be joined by Jules Mckenzie. Jules Mckenzie and his beautiful wife Ange have been investing in residential real estate for 19 years in Orillia, Ontario Canada. Jules and Ange manage their own properties. Jules is a police officer with Rama Police Service. He is also a member of the Real Estate Investment Network and receives ongoing training and support to continue investing.
Listen to this podcast and discover how to not rely on your pension!
[06:23] How did Jules McKenzie get his start in real estate?
[14:05] Jules Mckenzies's First Experience in Renovation
[15:55] The best $5000 Jules has ever borrowed
[17:30] Why is Jules scared in Renovation Projects?
[17:30] Jules experience with Elite 52 Coaching Program
[21:23] What motivated Jules to pursue a career in real estate rather than rely on his pension?
[21:23] How is Business Skills Transferable on a Full-time Job?
[28:10] What kind of properties was Jules concentrating on right now?
[32:26] Jules’ Advice for New Starters