Sandy Mackay is the Founder/CEO of MacKay Realty Network. Sandy is an Experienced Realtor and Investor. Sandy has Worked on Hundreds of Real Estate Transactions since 2011. Sandy is also One of the Hosts of Breakthrough Real Estate Investing Podcast.
In this episode we talked about:
Sandy’s Bio & Background
Legality of Wholesaling
Pivoting from Real Estate Wholesaling to Building a Buyer`s List
The Importance of Taking Actions
A comparative framework for commercial and residential markets
Real Estate Changes in Terms of Technology Companies Entering the Space
Dealing with Real Estate Broker
Real Estate Market Outlook
Mentorship, Resources and Lessons Learned
Speaker 0 (0s): Welcome to the working capital real estate podcast. My name is Jesper galley. And on this show, we discuss all things real estate with investors and experts in a variety of industries that impact real estate. Whether you're looking at your first investment or raising your first fund, join me and let's build that portfolio one square foot at a time. Hello, welcome to working capital the real estate podcast. I'm your host, Jennifer galley. And today we have a special guest. His name is Sandy Mackay. Sandy is the founder and CEO of McKay Realty network.
He is a, an experienced realtor and investor. Who's worked on hundreds of transactions since 2011. He's also host of the breakthrough real estate investing podcasts. Really awesome podcasts. Check that out if you haven't heard it already, Sandy, how's it going?
Speaker 1 (49s): Awesome, man. Happy to be here. Excited to share some great content.
Speaker 0 (54s): Absolutely. Well, we're excited to get into it. I thought would, would be a bit of a treat for listeners is to talk a little bit about what we normally talk about, which is real estate and maybe zero in a little bit on the focus of what you do in brokerage in the companies that you've built. And I take it today. You're joining us from Hamilton, Ontario, Canada. Is that correct? Yeah.
Speaker 1 (1m 16s): Nailed it in Hamilton, Ontario.
Speaker 0 (1m 18s): Perfect. For those that don't know, that'd be a, I guess a pretty solid one hour west of Toronto, great area to invest. Well, Sandy, you've worn a number of different hats over the last few years. You've done some pretty impressive things on the real estate investing side, as well as brokerage. You were actually introduced to me by, by my partner that I work with in commercial real estate. And what we do with most of our guests is take a step back and talk a little bit about how you initially got into real estate. So how did it all start for you?
Speaker 1 (1m 49s): Yeah, I mean, I got, I got, you know, got when way down the path further than I ever thought in the real estate world starting out. I mean, we kind of reached out for that as a book in my life and my, my, my whole outlook on life and my path, my, my wife now girlfriend at the time we kind of were working together actually. Yeah. Give or take 10 years ago. And, and, and somehow got came across that book. It went to a weekend seminar thing with the rich dad, poor dad programs, never didn't buy into the whole big, expensive ticket item there, but like just got a lot out of it actually changed my whole outlook on things.
And then being more of a, you know, that business owner sort of mentality, and then working for self versus, you know, how we're trained in life to kind of just work for the, the big companies I guess, out there. And then that was my upbringing too. It was just like being trained to, you know, go work for a big corporation. So that book changed my life. And my past got a little interested in real estate side. We started to look for ways to make money in real estate without having any money cause we had none. And so how do we get creative to buy or invest?
And we started doing wholesaling. So we