Episode 96 - Transforming Real Estate Investing Into A Business w/Elizabeth Kelly

Published: Jan. 20, 2021, 10:11 p.m.

Gary chats with Elizabeth Kelly, a Kirkland Lake-based investor and property manager company owner Gary met back in 2012 at the Investor Forum, and this chat was a catchup to see how her life has evolved since then. Elizabeth wears many hats, as she also is a coach, consultant, a mortgage agent and is also an owner of a rent-to-own company. She is a former trainer at Rich Dad, Poor Dad, so has a vast knowledge of many investment models as well has having a strong investment and money mindset.

WHAT YOU’LL LEARN:

  • What’s happening in the market now according to Elizabeth, and where she sees things going
  • She has OVER 400 doors in Kirkland Lake, and how she got there
  • Why ‘there’s no room for failure’
  • What’s going on in the Kirkland Lake market
  • The mistakes she made before getting proper education on investing
  • Why she struggled in 2013/2014 and how she recovered
  • Why mindset books changed her view, and her life!
  • Your success is ‘the decisions you make with the mindset you have’
  • What she found that made her passionate and made her happy
  • Why ‘doing something for someone other than myself’ was the key to PURPOSE
  • She may be an entrepreneur but she helps people which gives her life satisfaction
  • She started with Rent to Own, and helped many families buy their first homes
  • Why Kirkland Lake is a very stable market
  • Why printing money to support the economy helps real estate
  • Are condos still a good thing to invest in?
  • What other options are out there besides JV (joint venture)?
  • While they are property managers, and they could attempt repairs themselves, they hire professional contractors
  • Why you need the RIGHT strategy for the right market
  • Why you need the RIGHT strategy for YOU and your lifestyle
  • Why you need the RIGHT team member for your chosen market - don’t shop for properties in Vancouver with a Toronto specialist
  • Why Gary is a fan of “Do it, Defer it, Delegate it, Delete it…”
  • Why real estate success more than $$$ earned, but should be measured by lives you’ve changed and how you feel doing it
  • Elizabeth’s final piece of advice that is CRITICAL
  • And MORE!

Elizabeth’s Bio

An experienced real estate investor for more than 15 years, Elizabeth Kelly has a passion for helping people achieve their financial dreams through the purchase of investment properties. Elizabeth specializes in the acquisition and management of Rent to Own and multi-unit residential properties. In 2010, she and her husband opened Sandstone Management, a full-service property management company. They are now the largest rental housing provider in Kirkland Lake, Ontario. Elizabeth recently opened EK Consulting and Coaching to assist both new and experienced investors plan, structure and creatively finance their real estate portfolio so they can enjoy early retirement and leave a legacy for their families. 



Website/contact info for guest

Web: www.EKConsulting.ca

Facebook: https://www.facebook.com/EKConsulting.ca/

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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