Episode 83 - Over 200 Residential Units and Counting w/Mark Loeffler

Gary chats in this episode with Mark Loeffler, a real estate representative, author and award-winning investor! Gary and Mark sat down to discuss his almost two-decade journey as an investor, and Gary considers him one of his earliest mentors. Mark was a master at 'tenant first' vs. 'property first', which Gary explains in the intro. Not only is Mark an investor he's also a mentor, helping many grow their portfolios. He currently holds over 200 residential units and shows no sign of slowing down. He's purchased rent to owns; fix and flips; and many more real estate approaches. He's been in the game so long, he actually bought a duplex in Toronto for $280,000! What you'll learn: Mark's opinion on what will happen with the market once deferrals come due When will the fallout happen, or will it happen at all What were Mark's biggest mistakes How anyone can makes the same mistakes as Mark and yet be incredibly successful The funny story about Mark's very first investment property How DID he actually get his first property How Mark currently has OVER 200 RESIDENTIAL UNITS! Which family member inspired him to open his eyes to real estate investing What prompted him to leave his last corporate job and migrate to investing Why his 'tenant first' approach is better for the tenant and the neighbourhood A market update as to when the podcast was recorded Why the cottage market is so hot right now, both Muskoka and Kawarthas Why the population will grow in Toronto, and is there enough housing for them? Why a commodity like lumber is delaying housing starts How supply and demand are affecting housing and prices, both for sales and rentals What is "Google, guns and butter economics" Is there a possibility of negative interest rates here in Canada? When does Mark think rates will go back up? Where, geographically should we invest? Why Mark no longer uses his own money to buy properties! What property he should have bought that would have made him $400,000! And MORE! Mark's Bio Mark Loeffler is real estate sales representative and award-winning investor who has been
featured on multiple media outlets from radio and TV, to various podcasts across the US and
Canada.  He is the best-selling author of two books 'Investing in Rent to Own Property – A
Complete Canadian Guide', and 'Fix and Flip for Canadians', co- authored with Ian Szabo. In
addition to personally owning over 200 residential units, in 10+ years as a licensed real estate
salesperson he has helped thousands of people grow their real estate investment portfolios to
create lasting generational wealth.  Mark is happiest when teaching and educating on the
subject of wealth building.  Subscribe to his YouTube channel The Mark Loeffler Experience for
valuable insights on investing and wealth building. 
YouTube Channel - https://www.youtube.com/channel/UCe4G-ZeNOU66mLcaO0Ewb0w
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