#105: 200 Properties, NO $ Down, NO JVs w/Mel & Dave Dupuis

Gary chats this week with Mel and Dave Dupuis, who have become famous for buying 12 properties in 12 months, using other people’s money and creative financing! They think outside the box with marketing videos, and have embraced Tik Tok and Instagram and created some amazingly creative videos. The car crash they were involved in, in 2018 completely changed their lives. They knew about real estate investing and had a coupe of rental properties separately, but Dave was a full time firefighter and Mel was working at a college part time. Even thought they picked up odd jobs to get more money to invest, they realized they were trading time for money, and at best would be able to buy 1 property per year.

WHAT YOU’LL LEARN:

How Rich Dad Poor Dad changed their lives and lead to them buying 12 properties in 12 months!

This purchase was for 56 apartments

They have NEVER done a JV (Joint Venture)

They’ve mentored hundreds of people to get into real estate investing

“The Rich don’t work for money” & “Debt makes you rich”

Why 2020 was their best year, purchasing 119 apartments

The more you do it, the easier it gets!

Their use of creative financing - seller financing, RRSPs, promissory notes

Why they studied people that had large portfolios and lost it all, and the lessons they learned

Why Dave was confident, and why Mel was scared

Their last deal was an 8 plex, 3 commercial units and 5 residential tenants on the second floor in North Bay

What was their worst mistake in investing, and Mel owns up to it!

The secrets they’ve learned to a successful marriage/work partnership

Why they’ve ‘picked a lane’ for responsibilities within the partnership

How success changed personal relationships including friends

Why they still hustle, even on weekends

Why work/life balance is important

Why “The Secret” really impacted Mel’s life as a single mom

How their horrific accident was life changing, they wrote a book and started mentoring others

Why the best advice comes from those that have been an investor

And MORE!

Mel and Dave’s Bio

Melanie and Dave Dupuis, also known as Investor Mel & Dave, are innovative real estate investors who have SOLELY acquired over 200 apartments in just a few short years. Using creative and successful strategies, they have been able to increase their portfolio significantly without using any of their own money. They impressively have 100% ownership of these properties, which means they keep 100% of the equity, appreciation, and cashflow.

Investor Mel & Dave are proof that as long as you don't let anything stop you, success can be yours. Following a horrific life-changing highway crash in 2018, they wrote a Real Estate Investing book "Real Estate Investing Secrets - A NO-B.S. Guide to Creating Wealth & Freedom" that achieved Amazon #1 Best Seller status very early into their launch. Mel is also co-author of "The Only Woman in the Room - Knowledge and Inspiration from 20 Women Real Estate Investors that was recently launched and also achieved Best Seller status.

With over 20 years of combined experience in real estate investing, property ownership and management, this self-made couple understands the ins and outs of building a business and of acquiring wealth through real estate. In 2019, they won the "Small Business of the Year" Award, in North Bay, have won the 2020 Canadian Business Award as Leading Experts in Real Estate Investing and have also won the 2021 Canadian Business Award as Top Real Estate Mentors. They are dedicated to helping others create their own time, location and financial freedoms.

They are both speakers and mentors throughout North America and have mentored hundreds of people on how to use creative financing and other people's money (OPM) to change their lives. Their online presence is impressive, with over 175,000 followers. You can find them on Instagram, Facebook, TikTok and YouTube under their user name Investor Mel & Dave and on their website at www.investormeldave.com. 

Free Creative Financing Masterclass: (How We Bought 12 Properties in Less Than 12 Months using OPM) www.bought12in12.com

Resources:

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!- Robert T. Kiyosaki

The Secret - Rhonda Byrne

Website/contact info for guest

Web: https://www.bought12in12.com/ or www.investormeldave.com

Facebook: https://www.facebook.com/InvestorMelDave  or www.facebook.com/DupuisPropertiesWelcomeHome Email: [e-mail]

Instagram: https://www.instagram.com/singlemommillionaireofficial/

YouTube: https://bit.ly/SubscribeToMelDave

This episode proudly sponsored by Property Pathways - https://www.propertypathways.ca/

Property Pathways is an investor-focused architectural design service provider that specializes in secondary suite conversions throughout Ontario. We'll assist in developing a strategic design and renovation plan that will get the most out of your investment property.

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Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

To learn more about Gary’s mentorship program, visit https://garyhibbert.ca

Tags: #investing, #mindset, #powercouple, #mentoring, #mentor, #DIY, #investorlife, #learning, #lifestyle, #passiveincome, #richdadpoordad, #singlemom