#10 - Real Approved Mortgage with Janine Veenendaal
In this episode, Steve Hamoen and Janine Veenendaal dive into the mortgage industry, discussing multi-generational home purchases, residential zoning, and COVID-19's impact on long-term care homes. They share first-time home buying strategies, the importance of mentorship, and understanding money value in real estate. They also tackle market timing, house flipping, investing in real estate, and compare it to relationships. The episode concludes with an overview of the Canadian real estate market.
Key Points
- Understanding the long-term value of real estate as an asset can shift the perspective from seeing a mortgage as a debt to viewing it as an investment in wealth storage and growth.
- Multi-generational home buying is a strategy that can benefit families financially and relationally, offering a way to combine resources and address the high costs of living and care.
- Entering the real estate market, even if it's not in your ideal location, can be a smart financial move, as owning property in any market can lead to wealth accumulation and provide opportunities for future investment.
Chapters
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6:21 | |
13:07 | |
16:34 | |
20:52 | |
24:18 | |
27:02 | |
30:45 | |
32:56 | |
35:13 |
Transcript
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