#200: Isaiah Henry - How To Be A Long Distance Landlord

#200: Isaiah Henry - How To Be A Long Distance Landlord   On this episode, Gary chats with young entrepreneur Isaiah Henry. Isaiah started out like a lot of investors, working and finding real estate investing. He wanted to be a cop, and was for awhile, but saw the toll it took on his coworkers, and Isaiah REALLY wanted time freedom. He's has only been involved in real estate for 5 years, yet he's managed to acquire many single family homes, start a property management company to support himself and other investors, a learning company, a social media company, and he's NOT done! And where has he had this amazing success? TIMMINS! His plan is to move into small multi-family homes, and complete multiple JV's. If YOU are curious about owning properties outside of your geographic area, but are worried about not being able to keep an eye on your properties or even manage them successfully, or wonder why Isaiah is sticking with single family homes over duplexes and triplexes for now, THIS is a must LISTEN! Gary also shares his tip on goal setting with a whiteboard... Gary and Darlene have a waitlist open for their one-on-one mentorship program to supercharge your investment game! Receive scheduled calls and classes to help define your passion, goal setting, whiteboarding and of course scaling your investment portfolio!  Check out https://garyhibbert.ca/vipmentorship/for more info.  WHAT YOU'LL LEARN: Why he switched from policing to real estate How he got his first deal Why his first property lost money What he learned and applied to his second and future properties Why Timmins? The unique challenges and benefits of investing in Timmins How DOES he remotely manage his properties How often does he need to check his properties out The absolutely crucial part played in his grown by building a great team, and TRUSTING THEM Why he focusses on what he does well, and delegates the rest Why he believes you DON'T need to quit your job and focus on real estate The myth of why you can't always live on cash flow Having a side hustle or hustles - the power and freedom from multiple streams of income And MORE! Bio My name is Isaiah Henry and I am 28 years old. Born and raised in Pickering ON. Fell in love with athletics at a young age and was able to take my talents to Wilfrid Laurier University where I received an athletic scholarship and was fortunate to become a dual athlete while playing Rugby and Football. Upon graduating I pursued a career in long enforcement where I gained positions at Metrolinx as Special Constable and then the Toronto Police Service as a Police Officer. In terms of my investing career I started in 2017 after seeing an ad in the local paper about a new pre con project in Toronto. After the condo I was pretty uninvolved in real estate until 2019 where I picked up a condo townhouse in oshawa ON. I began learning more about REinvesting and started taking on long distance projects in Windsor, Sudbury and Timmins. Currently I am focusing on Timmins ON where the majority of my portfolio is located. I manage all my areas remotely and have created a property management company to help serve other investors in the area. Some may even call me the Mayor of T-Town . Going forward I would like to keep working with more JV partners and continue to scale into small multi family properties in Timmins ON. I would also like to continue to grow my property management company as well as some of the other active businesses I have on the go. First Position Real Estate Contact: Website: https://investwithisaiah.comFREE E-Book: https://investwithisaiah.comYouTube: @FirstPositionRealEstate  Email: [email protected] IG - @itsmrhenry FB - @FirstPositionRealEstate Tik Tok - @FirstPositionRE   This episode proudly sponsored by Deep Pockets - https://deep-pockets.ca  If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals. As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses. To find out more, visit the website or email [email protected]    Other Links: Private Investing, visit https://deep-pockets.ca Real Estate Investment Club visit https://www.smarthomechoice.ca  Gary's mentorship program visit https://garyhibbert.ca  Start your own Podcast visit https://www.podcastexperts.ca