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Building Sustainable Wealth in Real Estate Investing with Cory Sperle
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Cory Sperle is a seasoned real estate investor based in British Columbia with a portfolio mainly in Alberta. Cory has been investing in real estate through different market cycles and he is on the Self Wealth Real Estate show to share the lessons he learned through the years and what real estate investors need to know if they want to build a sustainable business in today’s market.
Listen now for best practices, insights, and advice from an industry expert so you can kickstart your real estate investing journey the right way!
Key Talking Points of the Episode
00:00 Introduction
01:12 What is Cory’s background?
05:24 What is the rental market like in small towns in Canada?
06:50 How is today’s market different from the crash of ‘08?
11:18 How did Cory move forward from the tough market in ‘08?
16:33 What are the differences in evaluating multifamily and single-family properties?
18:51 What is Cory focused on today?
21:26 How is Cory’s limited partnership structured?
24:01 Why did Cory build their limited partnership the way they did?
26:17 What is Cory’s take on securities laws exemptions for raising capital?
30:28 Why is it important to carefully vet the people you invest with?
35:18 What is the Real Estate Resilience Summit?
39:36 What is Cory’s favorite deal like?
43:59 What was Cory’s worst deal in his entire career?
51:17 What has changed in Cory’s approach to real estate over the years?
53:12 What advice does Cory have for his younger self?
54:12 What is the most overlooked and overhyped investing strategy today?
56:15 How can you connect with Cory?
Quotables
“I thank myself for taking that step because I definitely wouldn’t be where I am today, but it definitely paved the way forward to more buildings.”
“The strong advantage that I’ve had and the way that I’ve always done my business is no one ever has a gun to my head to buy a building.”
“To me, it’s buy and hold. It’s not a get-rich-quick scheme, it’s a get-rich-for-sure scheme.”
Links
Website: Altyn Equities
Instagram: Cory Sperle
https://www.instagram.com/corysperle
Youtube: Multifamily Investing Naked Truth
30 episódios
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