Flips with Learning Experiences with Jordan Silvester
In this episode, I welcome Jordan Silvester, a seasoned broker and investor from southern Ontario, to share his journey and insights into the real estate market. Jordan discusses how he transitioned from a realtor to an investor, the lessons learned through the ups and downs of the market, and the importance of starting small in the investing world. He emphasizes the value of experience and perspective, offering advice to both newcomers and seasoned professionals in the field.
The conversation also explores the challenges and benefits of holding a real estate license as an investor, including the flexibility it offers and the potential distractions it may cause. Jordan shares his approach to real estate transactions, highlighting the significance of understanding the market and building relationships with clients and other professionals. Whether you're thinking about buying your first rental property or looking to expand your portfolio, this episode is packed with practical tips and real-world experiences to help you navigate the complexities of real estate investing.
What you will learn if you listen to the episode:
- Transition from realtor to investor
- Jordan Silvester's journey- Starting small in real estate investing
- Holding a real estate license as an investor - pros and cons
- Understanding the real estate market and building professional relationships
- Practical tips for newcomers and seasoned investors in real estate
Timestamps:
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?? Navigating the journey from realtor to investor in southern Ontario (00:57)
?? The pivotal role of mentorship in transitioning to real estate investment (01:34)?? The impact of market dynamics on real estate investment strategies (02:21)
?? The benefits and challenges of holding a real estate license as an investor (03:07)
?? Insights into transactional real estate and its alternatives (06:09)
?? The first property purchase and the lessons learned (06:41)
?? Evolving investment strategies amidst changing market conditions (09:14)
?? Reflections on the 2022 market shift and its learning outcomes (14:57)
?? Emphasizing continuous learning and adaptation in real estate investing (24:07)