In this insightful episode of the addy Podcast, co-founder Steve Jagger chats with John Brook—a seasoned real estate investor, Keyspire coach, and former home inspector. With decades of experience in real estate, John shares his journey from hands-on work in manufacturing to building a life of financial freedom through strategic property investments and coaching. Here’s a recap of the episode’s key highlights:
John’s Journey Into Real Estate
John began his real estate journey in 1987 by investing in his first income property, a family-run basement suite. Over the years, he acquired extensive experience in managing properties, conducting home inspections, and eventually transitioning to passive real estate investing.
John joined Keyspire in 2014, a decision that transformed his approach to real estate and helped him guide others toward achieving financial freedom through smart investments.
Key Insights from the Podcast
The Benefits of Passive Income
John explains how his investments have given him the freedom to travel extensively and enjoy life. He highlights the importance of creating passive income streams, particularly through private lending and equity investing, which now fund his lifestyle and family vacations.
Investing Strategies That Work
John delves into his preference for diversification:
- Private Lending: Acting as a bank by lending money secured by assets. This provides consistent returns ranging from 8% to 14%.
- Equity Investing: Participating in development projects that offer high cash-on-cash returns, with investments often doubling in value over time.
Real Estate Pays for Life
John shares how real estate investments allow him to fund everything from everyday expenses to significant life events. For example, a land development investment doubled in value, enabling him to take his family on a memorable trip to Italy and renew his wedding vows—completely funded by his real estate income.
Notable Takes for Aspiring Investors
John emphasizes:
- Building a Strong Team: Surround yourself with professionals who understand real estate investing, such as specialized realtors, mortgage brokers, and lawyers.
- Conducting Due Diligence: Whether lending money or investing in developments, it’s crucial to assess the borrower’s or developer’s track record, market demand, and project feasibility.
- Starting Small: Even small investments can grow into significant returns over time with platforms like Addy, where young investors and seasoned professionals alike can diversify their portfolios.
John’s Current Focus
Now semi-retired, John dedicates his time to coaching other investors through Keyspire. He works with a diverse range of clients, from retirees seeking passive income to new investors looking to make their first real estate investment.
John’s advice to anyone looking to start their real estate journey? Take the leap, do your homework, and diversify your investments.
Watch the full episode:
or listen on Spotify and Apple Podcasts.
