The Fine Details of Flipping & Kaely Pal's Property Management Playbook with Kaely Pal
Selfwealth Real Estate with Luc Boiron
Release Date: 12/08/2023
Selfwealth Real Estate with Luc Boiron
Bill Allen is a retired navy pilot, seasoned real estate entrepreneur with hundreds of units in his portfolio, and the CEO and founder of 7 Figure Flipping, a high-level real estate mastermind. He is with us in this episode to talk about what trends he is seeing in the US real estate market, what makes a successful real estate investor, and more. Listen now for expert insights from Bill, his advice for investors struggling to keep up with market shifts, and what you can do today to change the trajectory of your business towards the end of the year! Key Talking Points of the...
info_outlineSelfwealth Real Estate with Luc Boiron
In this episode of the Selfwealth Real Estate Podcast, we sit down with Erin Donnelly and Heather Loduca, the dynamic duo behind Pink Wall Designs. Specializing in designing Airbnbs and boutique hotels, Erin and Heather share their journey from real estate investing to creating unique and captivating hospitality spaces. They provide valuable insights into why design is crucial for increasing bookings and overnight rates and offer practical tips for transforming properties into memorable experiences. Whether you're a real estate investor or a hospitality enthusiast, this episode is packed with...
info_outlineSelfwealth Real Estate with Luc Boiron
Allan Orasuk is a construction manager in Ottawa that we have worked with on multiple projects. He has extensive experience as a general contractor managing projects and subcontractors, and he is on the Self Wealth Real Estate podcast today to help us better understand the construction side of real estate investing. Listen now to learn more about what goes on in the construction side of real estate investing and what you can do to build better working relationships with your contractors! Key Talking Points of the Episode 00:00 Introduction 01:15 What is Allan’s...
info_outlineSelfwealth Real Estate with Luc Boiron
Jonathan Wallace is a realtor and real estate investor in Ontario with years of experience investing in his own portfolio and listing properties for us alongside other investors in the area. We have invited him on the Self Wealth Real Estate podcast to talk about his experience as a realtor and investor, the opportunities he is seeing in the market, and so much more. Listen now to hear market insights from a seasoned real estate professional so you know what opportunities to look for and how to navigate markets like we have today! Key Talking Points of the Episode...
info_outlineSelfwealth Real Estate with Luc Boiron
Darren Smith is a commercial real estate investor based in the US with years of experience in flipping, wholesaling, and industrial properties, among many other things. He is on the Self Wealth Real Estate podcast today to talk about the commercial space in the US and how building relationships helped him get to where he is today. Listen now to learn more about Darren’s real estate operations in the US, the commercial real estate space, and how you can find success in it like he has! Key Talking Points of the Episode 00:00 Introduction 01:33 What is Darren’s...
info_outlineSelfwealth Real Estate with Luc Boiron
Ken Bekendam is the President and CEO of LegalSecondSuites.com, a company focused on helping real estate investors make the most out of their properties by converting them into multi-unit properties. He is a well-known investor, developer, and land use expert, and he is on the Selfwealth Real Estate podcast today to help us learn more about development and conversions so we can take our real estate businesses to the next level. Listen now to learn more about opportunities in developments and conversions, and some tips, tricks, and best practices from a real estate expert! ...
info_outlineSelfwealth Real Estate with Luc Boiron
Ryan DeLaurentis is a serial entrepreneur with experience in building multiple successful businesses including a wholesaling business and a real estate brokerage. He has successfully pivoted through the different challenges that came with the recent market cycles using different strategies and he is on the Self Wealth Real Estate podcast today to tell us how he did that. Listen now to learn about Ryan’s journey into real estate investing and how he successfully pivots through different market conditions! Key Talking Points of the Episode 00:00 Introduction...
info_outlineSelfwealth Real Estate with Luc Boiron
Sean McRae is a music producer, real estate investor, and realtor who runs a team at eXp Realty in Ottawa. Through the years, Sean has invested in multiple projects ranging from duplex conversions to subdivisions and he is with us on the Self Wealth Real Estate podcast today to share his experience and the lessons he has learned as he went full time into real estate. Listen now to learn more about Sean’s investing journey, how he manages his team of realtors and his investments, and what it really takes to achieve real estate success in today’s market! Key Talking...
info_outlineSelfwealth Real Estate with Luc Boiron
Nicholas Brown is a mortgage agent who specializes in commercial and multifamily real estate. He is on the Self Wealth Real Estate podcast today to give us a glimpse into the mortgage world and to understand how much impact financing has on your real estate deals. Listen now to learn more about commercial and multifamily funding, financing your conversion projects, and what situations look like from a mortgage lender’s side! Key Talking Points of the Episode 00:00 Introduction 01:28 What is Nicholas’ background? 05:02 What did Nicholas realize when he became a mortgage...
info_outlineSelfwealth Real Estate with Luc Boiron
Darren Moore is an experienced real estate investor from Ontario and a home buying specialist in Vancouver and British Columbia. He is with us on the Self Wealth Real Estate podcast to share his expert tips on home buying, from evaluating properties to closing the actual deals. Listen now to learn more about buying properties in Vancouver and British Columbia, the different factors to consider when evaluating properties, and the best ways to approach remote home buying in today’s market! Key Talking Points of the Episode 00:00 Introduction 01:47 What is Darren’s...
info_outlineKaely Pal of Pal Property Solutions is a realtor and real estate investor with a strong background in property management. She and her husband Alex work together in their real estate business and we’ve invited her on the Self Wealth Real Estate podcast today to talk about her role in flipping and managing properties in their business.
Listen now to learn more about flipping and managing properties, and how you can set your properties apart from their competition, whether you’re selling or renting it out!
Key Talking Points of the Episode
00:00 Introduction
03:24 What is Kaely’s background?
05:30 How did Kaely start investing in real estate?
07:46 What is Kaely’s experience with property management?
11:35 What does it take to be successful at property management?
13:30 How can leveraging other people’s strengths help you scale your business?
15:07 What should you be looking for when hiring property managers?
18:34 What is Kaely focused on in business today?
21:35 Why do the little details in renovations matter so much?
26:26 What does a picture-frame trim look like?
28:10 What difference do the right light fixtures make in a flip?
30:04 What is the importance of staging a property?
35:17 How can you design rentals effectively?
37:56 How have interest rates affected the real estate market in Canada?
39:19 How can you make your Airbnb more appealing to families?
41:35 What is Kaely doing with her realtor business?
44:10 What was Kaely’s most favorite real estate deal like?
49:53 How did Kaely’s worst deal go?
52:47 What should be your goal in real estate investing?
54:50 What has changed in Kaely’s approach to real estate investing?
57:03 What advice would Kaely give her younger self?
58:53 What is the most overhyped real estate investing strategy today?
01:02:30 How can you connect with Kaely?
Quotables
“I think one of the best and most valuable lessons you can learn, and unfortunately, typically you have to learn it the hard way, is even a loss in the short-term equates to a much greater gain in the long-term.”
“I think everything should be about balance and when you get out of balance, you’ll know too. You’ll see it in your business too and the decisions you make.”
“There’s some intelligence and maturity that comes with knowing that it’s not giving up if you’re simply just shifting.”
Links
Website: Pal Property Solutions
https://www.palpropertysolutions.com/