Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E100, In this solo episode, Andrew Hines shares updates on his real estate ventures, focusing on his land-flipping business in Florida.

He explains that land deals often involve less hassle than properties with tenants, as there's no need for evictions or junk removal. Andrew discusses a recent profitable deal where he and his partner, Mat Piche, bought a 5-acre piece of land for $26,000 and sold it for $53,000, netting around $20,000 in profit.

He highlights their strategy of acquiring land at 50 cents on the dollar and ensuring properties are well-researched, particularly regarding flood zones and wetlands. Andrew also shares a cautionary tale about a deal that fell through due to a land dispute with a neighboring attorney. He concludes by reflecting on the advantages of land investments and mentions his ongoing efforts to engage more with his audience through Instagram and future projects.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E100 Can You Really Flip Land Without Ever Seeing It in Person?

1:15 - Recent Florida Land Deal

6:00 - Research and Strategy for Land Deals

12:00 - Lessons from a Failed Deal

15:00 - Future Projects and Audience Engagement

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.

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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.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E099, Andrew Hines and David Hulshof discuss a purpose-built six-unit property in London, Ontario. The previous owner made significant energy efficiency upgrades, preparing it for the MLI program, though it won't qualify for the full 50-year term. Buyers can expect up to 45 years with a higher premium. The fully vacant building has been renovated with new windows, doors, heat pumps, and upgraded interiors. Rent estimates for the two-bedroom units, including below-grade ones at $1,700, are conservatively set to attract tenants.

Despite being in a C/C+ area, the building's purpose-built design and high-quality renovations make it a strong investment. David explains that rental rates are based on local comparables, offering real-world data to support their pricing. The seller is flexible, willing to tenant the building or leave that responsibility to the buyer, depending on their preference.

David also discusses broader market trends, noting that many deals are now being done off-market, providing sellers more control and buyers exclusive opportunities. With recent interest rate drops, there are strong deals available, particularly for energy-efficient, renovated properties like this one, which promise long-term value and rental income potential.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E099 The Secret to Finding Undervalued Properties with High Potential?

0:49 – Overview of the six-unit building in London and decision to sell

2:03 – Discussion on conservative rental pricing and unit layouts

4:19 – Why the building is an attractive investment opportunity

6:10 – Overview of financing options and potential cash flow

7:20 – Advantages of a 10-year mortgage term

9:24 – Details on expected cash flow and return on investment

11:01 – Market trends and the benefits of off-market deals

14:26 – Transition in the real estate market with rate adjustments

17:00 – Non-purpose-built buildings: opportunities and challenges

19:20 – Cash flow comparison between purpose-built and non-purpose-built properties

21:00 – Wrap-up

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.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E098, Andrew Hines and Jacob Campagnaro delve into the details of a real estate investment opportunity in Toronto's desirable Beaches neighborhood, focusing on a sixplex property. They discuss the advantages of quick closing in securing better deals, noting that understanding the seller's motivations—such as the need for speed—can lead to more favorable pricing. The property, a six-unit walk-up that has been meticulously maintained by the owner for over 12 years, presents significant value-add potential, particularly through rent increases and creative financing strategies.

Jacob highlights that while the current rents are below market, there is a substantial opportunity to increase revenue as units turn over. The owner-occupied unit will be vacant at possession, offering immediate rental potential or the option for the buyer to negotiate terms, such as the owner staying on temporarily or providing rental guarantees.

They also discuss various financing options, including the possibility of using a Vendor Take-Back (VTB) mortgage to mitigate tax liabilities and reduce the buyer's upfront costs. Jacob explains that the property has not been refinanced in over a decade, leaving room for creative financing solutions like a VTB, which could be structured in multiple ways depending on the buyer's needs.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E098 Can This CMHC Financing Flexibility Secure Your Next Deal?

1:08 - Overview of the Toronto Beaches Sixplex Property

3:19 - Rent Potential and Market Spread

5:00 - Financing Options and CMHC Underwriting

6:02 - Negotiation Strategies: Understanding Seller Motivation

7:14 - Creative Financing: Vendor Take-Back (VTB) Mortgage

8:23 - Market Conditions and Opportunities in Toronto

9:45 - Potential for Airbnb and Investment Strategies

11:18 - Tenant Relations and Cash for Keys

12:05 - Creative Deal-Making and Structuring Offers

14:01 - Final Thoughts on Investment Potential

16:00 - Closing Remarks and REI Hot Seat Insiders Invitation

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.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E097, Andrew Hines is joined by Brad McCrae and David Hulshof to discuss a unique real estate deal involving the conversion of a commercial townhouse complex into residential units.

Brad, a first-time guest on the show, explains that this deal is particularly attractive because it offers a straightforward path to stabilizing the asset, refinancing, and potentially pulling out most or all of the invested capital within 12 to 18 months.

The property, currently home to a few commercial tenants with no leases, is set to be converted to residential use, with preliminary approval from the city.

The guys delve into the details of the conversion process, discussing zoning changes, environmental assessments, and the potential financial benefits of the project. They also touch on the importance of due diligence and risk management in real estate investing, highlighting how the deal could be highly profitable for the right buyer.

Don't forget to join the Insiders list for access to off-market deals and other unique opportunities.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E097 How Can You Turn Commercial to Residential and Score Big with CMHC?

0:39 - Introduction & Deal Overview

1:06 - Why This Deal is Significant

2:17 - Deal Details: Commercial to Residential Conversion

17:50 - CMHC Scoring Strategy

19:30 - Analyzing the Financials

25:50 - Final Thoughts & Due Diligence Tips

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.

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.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E095, Andrew Hines and Jacob Campagnaro dive into an exclusive off-market deal that stands out in the competitive multi-family real estate market. They discuss a newly constructed sixplex, a rare find given today’s development challenges. Jacob, who has personally toured the property, shares why this deal could be a prime opportunity for investors looking to add a high-performing asset to their portfolios.

The episode goes beyond the basics, highlighting the strategic benefits of this property. Andrew and Jacob explain how its new construction exempts it from rent control, allowing for flexible rental rates that enhance profitability. They also discuss the value of separate utility meters, which eliminate landlord utility costs, making the investment even more appealing. Located in a developing neighborhood, this sixplex offers both short-term cash flow and long-term appreciation potential.

More than just a property review, the episode equips listeners with knowledge to navigate multi-family investing. Andrew and Jacob break down the CMHC’s MLI Select program, showing how it can be used to secure favorable loan terms and boost investment returns. This episode is essential for serious real estate investors, offering insights into a lucrative deal and strategies to capitalize on similar opportunities before they hit the broader market.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E095 How Can You Leverage Rent Control Exemptions for Greater Profits?

0:44 - Introduction and Deal Overview

1:11 - Unique Features of the Sixplex

3:16 - Rental Market Analysis

6:01 - Property Layout and Neighborhood Development

8:25 - CMHC’s MLI Select Program Insights Full Breakdown

12:39 - Financial Projections and Rate Speculations

22:41 - 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.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E094, today’s episode is a must-listen for anyone looking to invest in multifamily properties in Ontario. Joining me are David Hulshof and Jacob Campagnaro, and we’re thrilled to introduce Ayub Rahim, a recent client who successfully navigated his first multifamily investment with their guidance.

Ayub’s journey is the perfect example of how you can go from being a listener of this podcast to owning a lucrative investment property. Ayub reached out through the link we always mention, and from there, his real estate journey truly began. After meeting with Jake and Dave, Ayub set his sights on securing a property that would offer strong cash flow and long-term growth potential.

Today, we’re diving into the details of Ayub’s recent acquisition—a 20-unit townhouse complex in Paisley, Ontario. We’ll cover everything from why he chose multifamily investing as his strategy to how he evaluated and ultimately closed on this prime property. For those of you considering investing in Ontario’s real estate market, this episode is packed with insights on the opportunities and challenges of multifamily investments, and why they’re a smart choice in the current economic climate.

We’ll discuss the entire process—from initial property research to the closing table—and share key takeaways that can help you make informed decisions in your own investment journey. If you’re serious about building wealth through real estate, especially in the multifamily sector, this episode offers invaluable lessons on how to find, analyze, and secure properties that can elevate your portfolio.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E094 Is Investing in Small-Town Ontario the Secret to High Cash Flow?

1:17 - Ayub's Real Estate Journey

2:22 - Why Multifamily Properties?

3:13 - Understanding Investment Metrics

6:43 - Analyzing the Deal

12:26 - Closing the Deal: Challenges and Solutions

20:49 - Post-Closing Plans and Property Management

29:19 - Future Investment Strategy

37:40 - Event Announcement and Wrap-Up

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.

Become an REI Hot Seat Insider: ⁠https://submit.jotform.com/info_Admin_info831/rei-hotseat-insider-sign-up-form

In E093, Andrew Hines sits down with Jacob Campagnaro and Mark Luciano to discuss an exciting new real estate investment opportunity. They explore the potential of a unique, fully vacant mixed-use building in Hamilton. This property, with its six residential units and two large commercial spaces, offers incredible potential for investors looking to dive into the Hamilton market.

The conversation highlights the significant advantages of investing in a fully vacant building, including the ability to start renovations immediately and avoid tenant-related issues. Mark shares insights into the financial aspects, including potential returns and the strategic benefits of CMHC financing. They also discuss the exciting possibility of converting part of the commercial space into additional residential units, leveraging Hamilton's pro-intensification policies.

Located near the General Hospital, this property is in a prime area with high demand from healthcare professionals. Andrew, Jacob, and Mark provide a high-level overview of why this deal is so attractive and discuss the financial projections, potential cash flow, and investment strategies.

This episode is packed with valuable insights for real estate investors, especially those interested in mixed-use buildings, high-return investments, and the Hamilton real estate market. Tune in to discover why this deal stands out and learn about the exclusive opportunities available through the REI Hot Seat Insider program. By joining, you'll get access to detailed due diligence, financial analyses, and exclusive off-market deals. Don’t miss this chance to gain expert knowledge and explore a lucrative investment opportunity.

Andrew's linktree : https://linktr.ee/theandrewhines

REI Hot Seat Instagram: https://www.instagram.com/reihotseat/

E093 Why Invest in a Mixed-Use Building?

0:36 - Introducing

1:08 - Key Features of the Property

2:00 - Potential for Conversion

3:07 - Rezoning and Intensification

5:23 - Financial Overview and CMHC Financing

7:58 - Refinancing Strategy

11:39 - Investment Returns and Cash Flow

14:12 - Time and Effort Considerations

16:20 - Property Management

21:03 - Conclusion

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.