Building Wealth Beyond Your 9-5 & The Power of Simplification with Kory MacKinnon

Selfwealth Real Estate with Luc Boiron

Kory MacKinnon is a seasoned real estate investor, entrepreneur, and coach with years of experience investing in different asset classes with different strategies. Today, Kory is focused on coaching real estate investors to help them learn the best ways to grow their portfolios so they can break away from their 9-5.

Listen now to learn more about Kory’s journey in real estate investing and how he’s helping real estate investors become successful!

Key Talking Points of the Episode

00:00 Introduction

00:55 What is Kory’s background?

05:05 How much has the need for housing changed through the years?

09:36 What kind of events does Kory host for real estate investors?

11:43 What is the importance of networking with people in-person?

12:16 How did Kory get into real estate investing?

17:31 When would it make sense to focus on construction when investing in real estate?

20:01 What should your approach be to contractors you’re working with?

22:01 How can you delegate tasks better to members of your team?

24:40 What is the importance of simplifying your business?

28:21 How much coachin is Kory doing today?

31:18 Why is it important to pick the right mentor for yourself?

34:49 How did Kory grow his real estate portfolio?

37:45 What does Kory’s real estate portfolio look like today?

41:22 What is Kory’s favorite deal like?

44:51 What lessons did Kory learn from his favorite deal?

46:44 What is Kory’s least favorite deal like?

49:46 What lessons did Kory learn from his least favorite deal?

53:34 What has changed in Kory’s approach to real estate investing?

55:49 What is Kory’s advice for his younger self?

56:42 What is the most overlooked or overhyped real estate strategy today?

59:05 How can you connect with Kory?

Quotables

“It’s one thing to follow someone on social media and don’t get me wrong, that’s also another way to expand your network, but until you actually meet them in person and shake hands and meet face-to-face with them, find out what their story is and help each other grow – it’s so important.”

“There are so many people in this industry who are definitely action-takers and that can be a double-edged sword. You took a lot of action, but then the management, the leadership, or the verification and all that stuff falls out the window.”

“Sometimes, the best things are simple. We don’t need to have 100 pages of SOPs for people to follow.”

Links

Website: Kory MacKinnon

https://korymackinnon.com/

Website: Strategic Success Consulting

https://www.strategicsuccessconsulting.com/