Episode 88: The Mind Set Required To Grow A Real Estate Portfolio with Kory MacKinnon
Here’s What You’ll Learn in our Interview with Kory MacKinnon: Where did you get your work ethic from Why did you choose the path of an entrepreneur How important mindset is in REI How has your investing evolved over time Your biggest piece of advice for investors And much, much more! It's not what you may think that's holding you back from succeeding at the Next Level in Real Estate Investing! Get ready to learn the mindset of success from someone who has travelled the world learning from the best in the business. A former Corporate Trainer, and National Level athlete from small-town Sarnia, Ontario, Kory was able to able to use decades of Business and Competition work-ethic, habits and mindset to escape the Rat Race in his 30's with Real Estate. What started off as a profitable side hustle has now turned into a Money Making Machine and a $10M+ Real Estate Portfolio. With investing experience across multiple markets, Kory has wholesaled, joint ventured, flipped for profit, re-purposed buildings, bought raw land, implemented creative financing and used the BRRRR method on route to owning dozens of income-producing properties with over 60 doors on the short term and long term rental markets. Outside of a busy family life (fabulous wife Lori with 3, soon to be 4 kids), Kory spends his time now as a Leader in Wealth Education - Coaching other investors to grow and maximize their real estate holdings so they too can retire early! It's been an interesting past couple of years for Kory as an investor. He has been fortunate enough to: Have built a profitable Property Management Business in South Western Ontario Bought properties that aren't just a 10 cap, but 15 and 20 cap properties in great areas of town. Turned a triplex fire into a turn around project with a $300,000 dollar upside Closed on a 12,000 ft church for $12/sq ft., Picked up a multifamily building for $5000 (in Canada, not Detroit!) Bought a 10-acre parcel of land in a prime area for development for $26k / acre Has done ZERO money down real estate, Large Credits on Closing, Vendor Take Back Mortgages, and to boot has represented Canada Internationally as an athlete going as far as the Olympic Trials for Weightlifting. What has helped him get through all these life experiences? An unwavering mindset along with the habits and outlook to make it all come together by design. Find out what Kory and his investing students implement on a daily and weekly basis to succeed in life and in real estate! Kory has a niche coaching arm where he works with committed investors who want next level results with their portfolios - people can learn more at www.korymackinnon.com. Kory MacKinnon Author of the Book "Inside The Mind of A Millionaire REI" www.korymackinnon.com [email protected] 519-808-5679
Breakthrough Real Estate Investing Podcast
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Show Notes
Here’s What You’ll Learn in our Interview with Kory MacKinnon:
- Where did you get your work ethic from
- Why did you choose the path of an entrepreneur
- How important mindset is in REI
- How has your investing evolved over time
- Your biggest piece of advice for investors
- And much, much more!
- Have built a profitable Property Management Business in South Western Ontario
- Bought properties that aren't just a 10 cap, but 15 and 20 cap properties in great areas of town.
- Turned a triplex fire into a turn around project with a $300,000 dollar upside
- Closed on a 12,000 ft church for $12/sq ft.,
- Picked up a multifamily building for $5000 (in Canada, not Detroit!)
- Bought a 10-acre parcel of land in a prime area for development for $26k / acre
- Has done ZERO money down real estate, Large Credits on Closing, Vendor Take Back Mortgages, and to boot has represented Canada Internationally as an athlete going as far as the Olympic Trials for Weightlifting.