On today’s episode, the Canadian Wealth Secrets Team discusses how knowing your strengths and weaknesses as an investor can be a tool to avoid allowing greed to hold you back from opportunities to structure deals that promote strong partnerships where everybody wins. In particular, they dive into a mixed use multi-unit building held by Kyle and Matt in their North Shore Properties portfolio and how they have been sharing it with a handful of potential buyers who are strong in areas where they are weak to find a winning opportunity for everyone.
What You’ll Learn
- How can we use “Genius Hour” or “20% time” to build weaknesses into strengths?
- Why you should consider a Vendor-Take-Back Mortgage to grow your portfolio;
- How to get creative on a 10-plex property so that everyone wins;
- How to use the 90-10 rule to strengthen your investment portfolio;
- How to use: “Just because you could doesn’t mean you should” to think about your potential investment deals;
Resources
- The Canadian Wealth Secrets Wealth Building Booklist
- The Infinite Banking Concept page on the Canadian Wealth Secrets website
- Download our Wealth Building Blueprint
Interested in Partnership Opportunities?
For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.
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