E096 Why Are Off-Market Deals Becoming the New Norm for Investors?

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form In E096, Andrew Hines and David Hulshof discuss the evolving real estate market, particularly in light of recent interest rate drops. They note how these changes are impacting both buyers and sellers, with sellers gaining confidence and buyers becoming more active. The conversation highlights the increasing significance of off-market deals, where trust and proof of funds play crucial roles. They also touch on the challenges of listing properties on MLS, the risks associated with small deposits, and the current opportunities for investors, especially with the possibility of further rate drops. The episode emphasizes the importance of staying informed and connected with knowledgeable agents to capitalize on market shifts. Andrew's linktree : https://linktr.ee/theandrewhines REI Hot Seat Instagram: https://www.instagram.com/reihotseat/ E096 Why Are Off-Market Deals Becoming the New Norm for Investors? 0:33 - Introduction & Market Sentiment 2:01 - Shift to Off-Market Deals 4:07 - Risks of Listing on MLS 12:24 - Current Market Conditions & Opportunities 14:14 - Future Market Outlook & Closing Thoughts Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. --- Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively. His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.