Our programs are tailored around your personal needs as a real estate investor, whether you’re a total beginner or the most seasoned investor on the block. Nothing about Jared + Krista coaching is cookie-cutter or textbook. We’re all about taking a deeper dive with you into your financial goals, personal development and living richly with yourself, your spouse and your family and friends. Check out our program offerings below or give us a call to take that first step!
Is This You?
You took some risks on property investments and the truth is they are NOT paying off.
J + K Property Investment Programs are all about you! We create a personal journey to keep you accountable and engaged through a minimum nine month program. We go deep into your finances, your property portfolio, your lifestyle and your relationships throughout the program so you always get the most relevant instruction and value.
This an 8 month program for people under the age of 30.
The program is focused on results. It’s tailored to your goals and needs and ensures you have the resources, team and support you need to live richly through real estate.
This is by far our most popular program. Whether you have an extensive portfolio that is performing poorly, have a handful of properties and are looking to scale to the next level, or are just starting out, this program can help. We consider this our “doing it with you” program. We work with you and your individual situation to move you forward. This is a 9-month 28-hour program. The 28 hours is used for 2 deep dive sessions with the remaining hours dedicated to one on one coaching split between Jared and Krista.
The Elite Program
This is an extensive program intended to “do it for you”. Due to the nature of the program only a limited number of clients are accepted. Qualification is required.
All of our programs include:
Why do you mainly invest in Edmonton?
It starts with Alberta and the favourable tenancy act which includes fast evictions, no rental raise restrictions and you aren’t mandated to rent to pets. No land transfer tax and no pst on property services is also huge. Edmonton specifically (despite what the news tells you) has a favourable rental market with in-migration and steady or growing GDP. Also, TILT, our property management company is located in Edmonton. All property management companies are not equal. This became VERY apparent during the pandemic. While most property management companies were seeing upwards of 30 – 40% delinquencies in rent payments, TILT saw only 2 people out of 500 not pay rent. Management matters.
How Do I Start Investing in Real Estate?
- Write Out Your 10 Year Vision. Where are you and who is with you? Most people will write all the big dreams they want but let’s go one step further. Let’s attach a monthly or yearly income to the lifestyle. Is this something you can attain and aspire to achieve? Write it down!
- Read Rich Dad Poor Dad. This was one of the most inspirational books my wife and I read at the beginning of our investment journey. This is the book that made us realize there was an opportunity with real estate that we wanted to learn more about.
- Get Learning. It’s too early in the process to decide on a complete strategy as you don’t know what you don’t know right now. You just outlined the dream life and attached an income to it. So now it’s time to learn all you can. Go to a few investment workshops and/or weekend events to gather knowledge and resources but be careful to not get caught in the sales trap they are offering at these events. You’re there to learn, not to overcommit yourself.
- Make Some Decisions. Decide if you want to do this journey on your own or with some guidance. All the real estate groups are teaching textbook theory. No offence to these groups, but it isn’t always hands-on enough to be personal to you and your individual needs. The other option is to hire a coach. Be careful, as you want to use someone who is still currently in the investment realm. An investor who bought 100 properties 15 years ago may not work for you as their strategies may be outdated.
- Evaluate Your Finances. It’s time to analyze your opportunities. If you have a coach, they should be taking you through this process. If you’re doing it alone, then take the time to evaluate your financial position. How much cash do you have? Do you have access to lines of credit? What’s your credit rating? How much will the bank lend you? Do you have equity in your house you can use? Take stock of all your resources.
- Meet with a Mortgage Broker. The truth is if you only have $25,000 you cannot go and buy a $500,000 property that cash flows $1000/m. You need to know the product you can buy. If you want to flip houses and only have access to $50,000 then you need to know what type of property you can afford. A mortgage broker will help with this.
- Research the Market. If your budget is $500,000 then spend the time looking at areas where that’s the average price of a house. Get to know the area, its shops, parks and features. The goal here is not to find the house yet but to understand the end user. Understanding the potential tenant you’re seeking comes before buying the house!
- Get in Touch with an Agent. A real estate agent’s job is to sell you something as they need to pay their bills. Even an investment realtor needs to sell a product, so you should never fully trust their opinion. Nothing against agents, but they all have bills to pay. In the end, if the house isn’t good they will not buy it back from you. So do your homework and work with someone you trust.
- Start Thinking Long Term. While connecting with your agent, it’s a good time to get reading the tenancy act in your province. Get thinking about managing your investment property. Do you want to manage the property yourself or do you want to hire a manager? Both have their pros and cons and you should consider exactly how you will manage your property before diving in.
How are you “living richly” through real estate right now?
For us it’s all about family, physically being there and spending meaningful time together. It’s not just about the big things like vacations– it’s about the day to day stuff like being at the kid’s hockey practices. Right now, we are in the process of selling our house and moving to a lakefront property. We love the water and the opportunity it provides to spend time as a family – swimming, boating and paddle boarding. We have a deep connection with each other and our kids – this did not happen by accident and we continue to make decisions that allows us to build into these relationships. Professionally, we’re taking a lesser role in our property management business and focusing on what really lights us up which is our coaching program. Again, focusing on areas that we are passionate about gives us the room emotionally to really be in the moment with our family.
Why is personal development so important to you and your coaching program?
This is such a no brainer. Without personal development success is limited. Success to us is wholistic – it’s not just money, freedom, relationships with yourself and others – it’s the whole package. We know from personal experience that you can achieve superficial goals without being successful. It wasn’t until we started doing some serious personal development that we went from being rich to living richly. We also believe in continual growth – it’s not like you reach a point and that’s it. That’s ridiculous. Lastly, personal development and professional / financial growth are mutually reenforcing. They aren’t siloed ventures.