If you’re thinking of creative ways to invest in real estate, this could be one of the perfect episodes for you! Today, Gary Spencer-Smith will discuss how he came across from single-family to the hospitality industry, the benefits of being creative when running a resort or hostel business, and some tips on structuring these types of investments.

Hit the play button to learn new investing strategies that will set you apart from the competitive environment of real estate!

Key Points & Relevant Topics

• The start of Gary’s real estate career start as a single-family investor
• Resort: What it is, how it generates revenue, and its operational expenses
• How to get investors involved in a resort deal
• Seller-financing strategy in a resort investment
• How to make creative deals work successfully?
• Operation and improvements in a resort or hostel business to increase revenue and reduce expenses
• The importance of having the right insurance for your investments
• Overcoming mental blocks or self-limiting mindset
• Criteria to consider in a good investment market

Resources & Links

• Rich Dad Poor Dad by Robert T. Kiyosaki
• Apartment Syndication Due Diligence Checklist for Passive Investor

About Gary Spencer-Smith

Gary was born in the UK and started investing in his native country during his time in the Royal Navy, He emigrated to Canada after 11 years of service, which saw him travel all over the world before settling on Vancouver Island. Investing on the island for over ten years now, Gary has won awards from Canadian Real Estate Wealth Magazine and The Real Estate Investment Network for his strategies and success, and been nominated for countless others. 

Gary enjoys the lifestyle investing in real estate affords him and has a passion for helping others change their financial futures by using real estate as the catalyst.

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