Property Profits Real Estate Podcast
Business:Investing
Want to delve into a fascinating concept of creating once and generating a lifetime of benefit?
Daniel Hogenbirk owns a group of companies that work synergistically with one another in the Real Estate and Construction Industry. Daniel together with his partner acquired his first company in 2018, continuously seeking improvement and by adding seasoned professionals and experienced coaches to their team, has been able to consistently improve, pivot, and expand his business.
In this episode, Daniel shares how to create wealth that gives you financial freedom for a lifetime in the realm of real estate.
Checkout: Raising Capital Without Rejection Full-Day Workshop (Online): https://investorattractionworkshop.com/
What you will learn from this episode for 18 minutes:
Resources:
Topics Covered:
00:41 - Handling landscaping business and doing real estate on the side before going full time
05:38 - From duplex deals, BRRRR to land deals
07:08 - Plans in the pipeline to continue growing the business
10:01 - Ways of funding his deals
11:10 - The rate of returns for their investors
11:50 - What the ownership structure looks like for them and the partners
12:51 - Their unfair advantage when it comes to gaining partners
13:23 - More marketing ideas to get investors on board without chasing them
16:15 - Talking about numbers in their current joint venture projects
Key Takeaways:
"We want to build and hold because I like that idea of getting paid forever from the work that you do." - Daniel Hogenbirk
"From the money side, it started for a number of years with just our own money and money from the business as well. After about three years where we were fairly successful doing that, we had some friends and family invest in our business. As we've gone further, we've had a few professionals that have worked with us as well that have started giving us first and second mortgages in order to keep going. And we have a few people now that are interested in joint ventures with this as well." - Daniel Hogenbirk
“I think that's going to be one of our advantages when we start to look more actively for partners is, we do have a lot of it in-house and because of that as well, typically we can do things a little bit more economically than others.” - Daniel Hogenbirk
Connect with Daniel Hogenbirk:
Connect with Dave Dubeau:
From Vacation Homes to Wealth Growth with Jenn Pereira
Navigating Market Twists and Doubling Profits with Albert Belo
Revolutionizing Real Estate: Inflatable Buildings and Creative Development with Dan Lazar
Revolutionizing Real Estate Investment in Sherwood Park with Brian and Jessilyn Persson
Navigating US Real Estate for Canadians - Insights with Chad Carter
Powerhouse Partnerships in Property with Matthias and Tanja Gruenwald
Building Tomorrow's Multi-Family Homes Today with Mitch Hardington
60 Doors in 365 Days Out of Town Real Estate Investing with Tiago Camilo
Mastering the Mindset of Real Estate Success with Randall Hoeber
From Residential to Industrial with Josh Rosenberg
Mastering Hospitality Harmony with Patricia Berman and Dennis Cobos
Scaling from 2 Deals a Year to 8-10 Deals a Month with Jason Lee
Wholesaling Wonders: $2.1M Real Estate Revelation with Tyler Carlisle
Navigating the 2008 Real Estate Storm and Emerging Stronger with Dani Beit-Or
Turning Pensions into Pittsburgh Profits with Marc Oshiro
Tech to Properties: Navigating Real Estate Investment with Andrew Papp-Csatari
Small Town Commercial to Unconventional Starts as an Agent with Kyle King
Unleashing AI Magic on Real Estate Marketing with Andrew Bilak
From $20,000 Loss to 70+ Properties the Unconventional Real Estate Journey with Megan Ahern
Decoding Real Estate Mastery – Navigating Rent-to-Own Strategies with Winnie Winter
Create your
podcast in
minutes
It is Free
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast