We have my friends returning to the show, Marty and Amanda who’ve been renovating and investing for nearly 20 years, Amanda Bouck has managed properties for nearly 20 years, Marty her husband is a carpenter by trade and personally much of their 15+ duplex conversions in Guelph. They are a power couple: they get numbers, execution, cash flow and hate vacancy. They drank the same Kool Aid I did. They’re reward is a country acreage and building the custom home of their dreams they’re too humble to talk about with all the gurus out there flaunting Rolex watches, Lamborghinis, private jets and yachts.
Amanda & Marty scaled up as well in small multis likes six plexes, small apartment buildings to their current project, both a REIT: real estate investment trust called Legend Real Estate Trust and a 60 unit building in Waterloo.
Amanda and Marty are here today to share their experience including coaching, retiring from coaching for possibly the biggest real estate education company in Canada. As always, we share both the negative and positive of real estate investing including all the losses going on in the community, over leverage with expensive hard money loans and their own investment philosophies where none of their investors have lost any money.
The honest truth about real estate investing is, speculative investments can work until they don’t and also I don’t endorse any product or offering of Marty and Amanda nor do I receive any compensation from Marty and Amanda nor from their businesses. This episode is for educational and entertainment purposes only.
Please do your own due diligence. If you read the article about Robby Clark, you see how some of the property used to secure financing had fires and were torn down by the city. If any lender, broker, investor had simply driven by the property, they would have known the deal was no good.
For my house in San Antonio, Texas I have a termite inspection, home inspection including pictures and video walkthrough, a quote from the property manager for renovations and maintenance. My cousin is in San Antonio next week for work and doing a drive by.
Diligence people, trust but VERIFY. That goes for all guests of this show. I do my best hence Epic Alliance and Robby Clark never made it on this show or any of my platforms. I learnt my lesson from Paramount Equity.
Back to this week’s guests, Amanda and Marty, just to note, they have been censored on other platforms and Facebook groups for trying to warn people about gurus losing other people's money. They going to offend some so be warned.
Links:
Please enjoy the show!
