Welcome to Property Profits Real Estate Podcast with your host, Dave Dubeau!
Episode Title: Making Moves South of the Border with Amanda Spence
In this exciting episode, Dave welcomes a very special guest, Amanda Spence of Spence Real Estate Investment Partners. Amanda, an adept and dynamic real estate investor, shares her journey from dabbling in small multifamily properties in the Maritimes and Ontario to making significant investment strides in the vibrant market of Cleveland, Ohio.
What You'll Learn:
- Amanda’s Start: Hear about Amanda's early fascination with real estate, which began in her teenage years, and how an infomercial led her to dive into real estate education and investment.
- Shift in Focus: Discover the reasons behind Amanda's strategic pivot from Canadian real estate to the U.S. market, particularly her current focus on the buy and hold strategy using the BRRRR method (Buy, Renovate, Rent, Refinance, Repeat).
- Investment Insights: Amanda provides valuable insights into the advantages of investing in U.S. properties, discussing financial strategies like avoiding capital gains tax and leveraging different types of mortgages that make scaling easier.
- Educational Journey and Strategy: Learn about Amanda's commitment to education and how it shapes her investment strategy. She emphasizes the importance of taking action despite fear, a common barrier for many investors.
- Future Aspirations: Gain a glimpse into what the future holds for Amanda as she continues to expand her portfolio with both solo projects and joint ventures.
Connect with Amanda:
- Website: AmandaSpence.ca
- Feel free to reach out via phone, email, or schedule a face-to-face meeting through her website if you’re keen on real estate investing or seek a mentorship.
Whether you're a seasoned investor or just starting out, Amanda's story will inspire you and provide practical tips to maneuver through the real estate investment landscape.
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