EP162 What Would You Tell Someone Who Is Looking To Invest In Real Estate

In this episode of The Real Estate Roundtable, hosted by Glen Sutherland, Aurelien Bonin, and Darcy White, they discuss various aspects of real estate investment, touching on their personal experiences and advice for both seasoned and novice investors. Key points include: Aurelien Bonin's Update: Aurelien shares his recent endeavors, including purchasing a mobile home park and hosting an event focusing on business acquisition and entrepreneurship, particularly in light of opportunities created by retiring baby boomers. Patience in Real Estate: Darcy White emphasizes the importance of patience when entering real estate, sharing stories of acquaintances who rushed into deals and ended up leaving the industry due to exhaustion. He advocates for taking time to understand the market and waiting for the right deal. Avoiding Analysis Paralysis: Glen Sutherland counters Darcy's point by warning against "analysis paralysis," where some investors hesitate too long despite having the knowledge and tools to make a decision. He encourages taking calculated action when the numbers add up. Actionable Steps for New Investors: The hosts recommend self-education, understanding different asset classes, and learning to analyze deals. They stress the importance of using an Excel sheet to assess key metrics like cash flow, cap rates, and cash on cash returns to make informed investment decisions. The episode encourages a balanced approach between patience and taking action, along with building a strong foundation through education and deal analysis. Join Our Facebook Group & Submit Your Questions https://www.facebook.com/groups/roundtablere