Business
Todays guest is a Saskatoon real estate investment guru. I was pleased to interview Dr. Micheal Bugg. Mike is probably one of the smartest real estate investors that i know personally and someone who enjoys giving back to the community with tonnes of free value and knowledge. You can find him on facebook and instagram here. https://www.facebook.com/YXERealEstateGroup/https://www.instagram.com/drmichaelbugg/On the sixth episode of Open House - Saskatoon business podcast our guest Mike Bugg walks us through the 4 most common way to invest in real estate; The house hack, the BRRRR strategy, turn key investing and flipping.Here are a few videos that explain each way to invest. https://youtu.be/4rQntYPTZVwhttps://youtu.be/pts3aE7YzIchttps://youtu.be/Dr3IzOMa_AIhttps://youtu.be/8KNCujCeUwwMike explains why investing in real estate is a powerful tool for retirement and we discuss the difference between rental property and mutual funds.Lastly Mike walks us through the 4 wealth builders for rental properties and real estate investing. Mortgage pay down, cash flow, natural and force appreciationThe second half of the interview we dive deeper into what Mike thinks makes a good business leader. We discuss some of the things he's done well over his real estate investing career and some lessons he's learned.We discuss what Mike thinks is the definition of a successful business and gives some great insight from Napoleon Hill.He addresses his own weaknesses as a business leader and shares that it was moving too slow to implement systems.Mike outlines his strengths as an investor and it revolves around relationships.Finally Mike delivers a truly phenomenal piece of advice in the final word. Focus on your actions not your results. Keep moving forward and the results will come.As a real estate investor myself it was a privilege to interview. Mike. Saskatoon, Saskatchewan is an amazing city with an epic business culture and i'm glad you are here. Please Leave us a 5 star rating and consider subscribing for more great business insights and all the great things happening in and around Saskatoon.Please head over to our website https://onlineopenhouse.ca/podcast.html and visit the podcast page.If you want to see any of the Saskatoon business podcast guests in person please head over to the Youtube channel and navigate to the podcast playlist. https://www.youtube.com/scottzieglersaskatoonrealestateOur host Scott Ziegler with Remax Saskatoon has nearly 15 years of experience as a Saskatoon Real Estate agent. He's successfully ran his real estate business while also being a successful real estate investor investing in cash flowing rental properties. If you have any questions about the Saskatoon real estate market, business mentorship or real estate investing please contact Scott as he's always happy to help!