#98 - From Subsidized Housing to Multi-Millionaire w/Edna Keep

Gary starts off the show by answering the question if NOW is a good time to invest; how to invest; and why 'cash is trash' and hard assets are the safest place to be RIGHT.NOW. Gary chats this week with Edna Keep, a real estate investor for 13 years with an incredible story. Currently, Edna has 600 doors, and will be adding 84 more soon. She became a single mom at 16, living in subsidized housing, and daughter was in subsidized daycare. Fast forward to today, she is a now multi-millionaire investor, coach and inspires others with her story. Her main strategy is long time, buy/hold apartment buildings. Her claim to fame is a $65 million dollar portfolio with OPM - other people's money. She invests primarily in Canada, but has properties in the US as well. And you can too… WHAT YOU'LL LEARN: Why Edna determined that she would be a success through MINDSET Why 'IMPERFECT action is way better than perfect' Why it's not 'live within your means', or 'you need to budget' Why she wanted to be wealthy How as a financial planner she would see how well her clients were doing with RE investing How Robert Kiyosaki's training helped her Why some financial planners 'don't know everything' She initially started with her husband, but moved on to JV/partnerships How vendor take back mortgages quickly allowed her to buy more properties Why upkeep expenses (roofs, heating, plumbing) initially made her focus on condos What is the biggest mistake Edna has seen in the multi family market by investors Your first investment will be your hardest, but it gets easier Why she's purchased 'turn key' and fixer uppers Who is Edna getting financing from How she has helped her students set up REITs The role of DUE DILIGENCE on the purchase process WHERE Edna finds co-investors Her best advice on how to scale to multi family investment properties Why you have to 'think differently' when you are using other people's money and doing multi family Why continuing education/learning is VITAL for success Edna believes 'If you're going through hell, keep going!" Why she tells her students you 'can study (investing) until the cows come home, but there's nothing like a real, live deal!' TAKE ACTION Why Edna offers free Real Estate Coaching Fridays, and Mindset Mondays to her members! And MORE! Edna's Bio Edna Keep's journey from single mom at age 16 – living in subsidized housing with a daughter in subsidized daycare - to multi-millionaire Real Estate Entrepreneur and Coach inspires others. Her major operations are longterm buy-and-hold rentals apartment buildings. Her claim to fame is a $65 Million real estate portfolio built with "Other People's Money." A proponent of education and inspiration, Edna offers live training with her Free Real Estate Coaching Fridays and Mindset Monday live events on Facebook each week. Website/contact info for guest Web: https://ednakeep.com  or https://ednakeep.com/90daysto5k Facebook: https://www.facebook.com/coachednakeep  Please a leave a review, as it helps Gary understand if he's bringing on the right guests that you want to hear from! Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca  To learn more about Gary's mentorship program, visit https://garyhibbert.ca  hashtags for this episode #realestateinvesting, #poverty, #success, #mindset, #mentoring, #coaching, #millionaire, #multifamilyhomes, #RobertKiyosaki