Generating Wealth in Short-Term Rentals with Ottawa's Genevieve Walton
Selfwealth Real Estate with Luc Boiron
Release Date: 01/19/2024
Finding Your Competitive Edge in a Saturated Market with Bill Allen
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...
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How Experts Design Airbnbs & Boutique Hotels with Erin Donnelly & Heather Loduca of Pink Wall Designs
Selfwealth 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...
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The Tools for Construction Management Success with Allan Orasuk
Selfwealth 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...
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Building Multifamily Investments in Today's Market with Jonathan Wallace
Selfwealth 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...
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Industrial Real Estate Investing & How to Structure Deals with Darren Smith
Selfwealth 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...
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The Process of Converting Investment Properties & Why You Should Consider It with Ken Bekendam
Selfwealth 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! ...
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The Art of a Profitable Joint Venture Real Estate Deal with Ryan DeLaurentis
Selfwealth 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...
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The Way Entrepreneurs Should Approach Delegation with Sean McRae
Selfwealth 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...
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The Process of Commercial Real Estate Conversion with Nicholas Brown
Selfwealth 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...
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How to Overcome the Most Common Objections with Motivated Sellers with Darren Moore
Selfwealth 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_outlineGenevieve Walton is an experienced real estate investor based in Ottawa with a property management company that serves short-term and long-term tenants. She is on the Self Wealth Real Estate podcast today to talk about her journey in real estate investing and the lessons she learned as she grew her real estate portfolio and built her property management businesses.
Listen now to learn more about Genevieve, how she grew in real estate investing, and what the markets look like for short-term and long-term rentals in Ottawa!
Key Talking Points of the Episode
00:00 Introduction
01:06 What is Genevieve’s background?
03:28 What was it like for Genevieve to transition into entrepreneurship?
05:29 How did Genevieve start her short-term rental business?
08:46 What factors determine the value of short-term rental property management services?
11:36 What is happening to the short-term rental space today?
16:02 When did Genevieve decide to build a long-term rental property management business?
20:15 What are the differences between managing short-term and long-term rental properties?
25:21 How did Genevieve build her rental portfolio?
32:05 What is the importance of setting your buying criteria as an investor?
34:29 How can location affect the value of your rental portfolio?
40:52 Why should new real estate investors consider starting with house-hacking?
44:35 How much can you make if you’re house-hacking today?
48:54 What was the best deal Genevieve ever did?
55:44 What is the worst deal Genevieve did?
01:01:54 What lessons did Genevieve learn from her worst deal?
01:05:23 What has changed with Genevieve’s approach to real estate?
01:07:01 What is Genevieve’s advice for her younger self?
01:09:05 What is the most overlooked or overhyped strategy today?
Quotables
“It’s not that people are mass-producing these Airbnbs. The only time you sort of start to see that happen is when you have corporations that have been burned by the landlord-tenant board over and over again, so they start to move into these markets.”
“The good part is because I buy short-term rentals and long-term rentals, whatever’s gonna make the numbers work at that point, I’ll stick in there to make that work.”
“Do the work, get dirty, do it yourself – whatever you can do to save those costs, especially at the beginning. That’s how I think you’d see generational wealth that’s really coming in.”
Links
Website: Flex Property Development
Website: Short and Suite BNB