Have you ever wondered how to go from just looking at real estate deals to actually buying them?  Luck or strategy - which one leads to good real estate deals? 

 

Stefanie dishes on the differences in making offers for investment properties, while Terrie hammers home the importance of knowing the timelines.

 

But hold on, how do you make those numbers work in your favor?  Terrie digs deep into building a money-savvy plan for your real estate investments.

 

So, if you're ready to unlock the secrets of real estate investing and navigate the twists and turns of property deals, stay tuned!

 

What we learned from Stefanie and Terrie Schauer in this episode:

 

- Unlocking Insights with Holistic Analysis: See the Bigger Picture.

- Mastering Time: Navigating Timelines with Clarity and Precision.

- Embrace the Uncomfortable, Ignite Your Growth!

- Charting Success Amidst Uncertainty: The Art of Risk Management.

- Diversification: Your Shield Against Financial Storms.

- Vision Beyond Tomorrow: Charting Your Path for the Long Term.

- Stack the Deck in Your Favor: Don't Rely on Luck.

 

Notable Words From The Episode: 

 

The more you familiarize yourself with being in that situation, the less anxiety-provoking it becomes. -Terrie Schauer

 

A lot of people think you just have to get lucky to find a deal. -Stefanie

 

Timestamp:

 

[00:00] Podcast intro

[01:57] Stefanie described their transition from analyzing real estate deals from a distance to actively considering properties for purchase.

[04:04] Terrie discussed the two aspects of deal analysis in real estate: building-related factors and financial analysis

[05:56] Terrie is discussing the importance of building a comprehensive financial model for real estate investments

[07:52] Terrie and Stefanie talk about the challenges of estimating repair costs and the fear of making offers in real estate investing.

[10:49] Stefanie highlights the differences in making offers for investment properties.

[12:09] Terrie emphasizes the importance of familiarizing oneself with the anxiety-inducing process of making offers for investment properties.

[14:47] Terrie and Stefanie discuss the importance of understanding timelines when making an offer on an investment property.

[16:44] Terrie and Stefanie discuss the misconception of relying solely on luck to find a good real estate deal.

[19:00] Stefanie The speaker addresses concerns about rising interest rates in the real estate market.

[20:38] Outro

 

Connect with Us:

 

Facebook Page: https://www.facebook.com/restateinvestorsclub/ 

Email: reic@clubimmobilier.ca 

Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/ 

Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/ 

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