When it comes to taking the plunge on real estate investment, it’s easy to get bogged down in research, whether it’s listening to podcasts, reading business books, or going to seminars. Our guest today has seen this dilemma play out in his own life and subsequently decided to write an entire book to help other investors depart from the research phase and take action. Quentin D’Souza is the author of The Action Taker’s Real Estate Investing Planner which has helped countless individuals level up their investment game. He is the founder of Appleridge Homes and the founder and chief education officer at Durham Real Estate Investors Club. In our conversation with Quentin, we discuss his previous career as a teacher, how he integrated real estate coaching and investment into his life, and how he made the transition to full-time investing. We unpack some of the early challenges of getting started in real estate and how they can be overcome. Hear how you can benefit from partnerships, especially during the early stages of your career and why you don’t necessarily need a lot of capital to get started. Quentin shares why he is happy to spend on access to mentorships and suggests having an accountability partner as an uncostly method for growing as an investor. To learn more about how to take action, become a more efficient investor, and much more, tune in today!
Key Points From This Episode:
- Get to know today’s guest Quentin D’Souza and his previous career in teaching.
- How Quentin doubled his portfolio last year with a 20 million dollar acquisition.
- Quentin shares the details of his latest acquisition.
- How the Canadian market compares to the American real estate market.
- Quentin shares how he first became involved with real estate when he was working as a teacher.
- Why structuring your business correctly is crucial so that you don’t get taxed twice.
- Why partnerships can be so useful, especially when starting out in real estate.
- How you can get your start in real estate without a lot of capital.
- How Quentin learned the importance of making sure your partner shares your mindset and goals.
- Why Quentin uses three-year goals and quarterly planning.
- How Quentin transitioned from part-time coaching to full-time investing.
- Why it’s important that you like and respect your business partners.
- Why Quentin believes he should have quit his job sooner to pursue real estate full time.
- Quentin shares his biggest tip for investors: take action.
- Why having impact and happiness is Quentin’s definition of success.
Links Mentioned in Today’s Episode: