Overcoming Diversity in a Tumultuous Market to Build a Real Estate Empire

Posted On Tuesday, 12 December 2023 15:02

Nancy and Dave started their real estate investing journey by attending a Keyspire Learn to Earn Bootcamp, and enrolled in Keyspire together in 2018. Nancy and Dave had already owned a few properties when they initially joined and decided to focus their efforts on expanding their real estate investing portfolio.

Within their first year, Dave and Nancy jumped in and attended the Keyspire Investor Summit, where they began with private lending and closed on two multiplex properties within two years. Dave was diagnosed with lymphoma cancer two days before closing on the second investment property, and the Covid epidemic struck, shutting down the entire province of Ontario. Nancy and Dave were struggling, but with Dave's ambition to succeed, they both agreed that Dave's diagnosis would not discourage them from accomplishing their goals. This decision fueled their determination to expand their REI portfolio. After the property was closed, the contractor who was working on it lost workers due to the COVID pandemic and fell behind schedule. During this time, Dave also began his chemo treatments.

“If we had not joined Keyspire when we did, I am not sure how our lives would have turned out, but I do know that Keyspire and this community gave us the tools, connections, and education we needed to keep pushing forward through a very low time in our lives.” 

In the end, Dave and Nancy hired their son full-time to help get their property back on track and Dave successfully completed six rounds of chemotherapy and set on a fast track to recovery. Throughout the course of their Keyspire membership, Dave and Nancy sold and held 8-10 properties and have doubled their net worth. Nancy and Dave dedicated 20-30 hours per week to immersing themselves in Keyspire’s education and investing in properties until their portfolio grew to where Nancy was able to quit her job.

“We have tons of knowledge to share now but we would not have had that if it wasn't for Keyspire and just being a sponge wherever we could. No two situations are ever the same and therefore having access to so many people in the community so willing to share their stories, you can find someone who is just ahead of you all the time to follow and learn from, even if they don't know it.” 

Dave and Nancy have involved their children in their Keyspire journey by bringing them along to the Invest Summit and teaching them the concept of real estate investing.

“My belief is that you should never give your kids money, you need to teach them how to make their own money so if something happens that you are no longer around, you know they will be fine.” 

Nancy and Dave are now full-time real estate investors and remain active members of the Keyspire community, networking and pursuing joint venture partnership opportunities. Nancy and Dave were able to establish legacy wealth for their families and set their children up for success with Keyspire education by teaching them how to achieve their Lifestyle Freedom Day through real estate investing.

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