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It took me a while to start investing myself. Investing for the sake of investing.
To date, I’ve advised well over a thousand people, a thousand investors, and I had a good flow of clients. So it took me almost two years to tell myself, even though I’d advised them on very good investments,
that I could actually do it myself.
I started by investing in small condos during the subprime mortgage era, which was easy: you buy, you renovate, you resell immediately.
Then, with time and growing confidence, I moved on to slightly more interesting products like townhouses. Townhouses are semi-detached houses, often in gated communities with a commun pool, which also offer quite a few advantages.
And then, quite quickly, I moved into what’s called multi-family housing. So it’s simply a matter of resources. Resources, in fact, of budget. You start small and then gradually increase your investment until you can move towards properties that are very interesting and allow you to generate higher returns.
I have a head start because what I advise clients is what I apply to myself in my personal investments.
So it’s easy and reassuring for the client, who can ask me all their questions since they’re questions I’ve already asked myself.
And so, naturally, things go smoothly in these cases. They feel reassured.
