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After graduating as an Occupational Therapist, Evelyn Lamarsh began researching all the different ways to make money and settled on real estate. 2 years later, at age 26, she bought her first two rental properties and then bought a house for herself.
Guest: Evelyn Lamarsh, Real Estate Investor
After graduating as an Occupational Therapist, Evelyn Lamarsh began researching all the different ways to make money and settled on real estate. 2 years later, at age 26, she bought her first two rental properties and then bought a house for herself.
She didn’t get to live there very long though, because her neighbour, Mike, fell in love with the Girl Next Door and they were married in no time! She made the big move next door and her house became another rental.
Fast forward a few years with a steady focus of adding one property at a time in their market of Hamilton they now have 10 properties, all buy and holds. 5 are student rentals and 5 are single-family homes, one of which they have recently switched to an Air BnB.
Eveyln’s love of her vocation means she will return to her community mental health support role in the fall from maternity leave, not from a need for the paycheque but because she loves helping others. However, their success has meant Mike has been able to retire, at the age of 30, from the tough, dirty life as an auto mechanic and switch those trade skills repairing or upgrading almost everything that their properties need.
Evelyn and Mike are at the moment taking a break from collecting homes and make more time for cycling, canoeing and chilling in their boat as well as parents to two very young children. You will learn about: – How remaining focused help you hit your goals – Why taking an investing break is possible and can make sense – Making the right money choices – Using property cash flow to treat yourself, like getting a 32-foot boat! – Tips for starter investors in their mid-20’s
Get in touch with Evelyn: Email: EvelynLaMarsh@gmail.com