“There’s the field, and there’s the office, and they complement each other.”
Danielle Chiasson is a serial entrepreneur known for her work in the field of real estate investing in residential redevelopment and rental housing. Focused in Ontario, her many projects have ranged in scope from light clean-ups to full renovations, as well as legal duplex, triplex conversions, and multi-unit flips.
She works as a general contractor managing various trades & staff, while managing her businesses. She fills her days operating multiple businesses, underwriting properties, balancing finances, managing rental properties, and endlessly educating herself. She is also a licensed Real Estate Broker in Ontario and a member and contributor of several real estate education organizations.
Danielle is passionate about business and real estate, and shares her experience and knowledge with other investors through speaking engagements and various online platforms, and is very excited about re-launching her coaching program in the fall of 2021.
In our conversation centered around two main topics, the business of real estate investing and understanding the money game, Danielle shares:
Her real estate investing origins. Why she started with flipping real estate but shifted to buy-and-hold acquisitions once COVID started. How to work your way through the real estate investing fog (figuring out what investing strategies work best for you). How to adapt a business model based on changing conditions Approaching your real estate investing like a business . . . because it is! The elements of setting up a real estate investing business The office supports the field and they must grow together if you want to scale. Why you should get an assistant and examples of what you can have them do. Tips for scaling a portfolio sustainably Understanding the Money Game of real estate investing. How to create a network of private lenders to help you grow your business by educating others. How debt and credit will help you grow (if used correctly) Why collecting rent puts dollars in your piggy bank. Understanding good debt, bad debt, and leverage
Thank you to Danielle for joining us on the show!
If you enjoyed what you heard and are interested in speaking with Danielle directly, she has set up a link specific for this show where you can sign-up for a one-on-one call with her. Check it out below:
Thank you for listening and we look forward to welcoming you to the RevNYou with Real Estate community!