Why You NEED To Know The Law As A Real Estate Investor and Entrepreneur
Discover how a chance encounter can radically change your career path as we talk with Milena Cardinal, a former lawyer turned real estate maven.
Welcome back to episode 74 of the “Inspired To Invest Podcast”. To watch rather than listen, click here.
This week, Milena Cardinal is here to open up about her journey from practicing youth criminal justice, where the emotional weight took its toll, to becoming a key player in the real estate sector.
You’ll hear how a fateful meeting with a mortgage broker redirected her professional path and led to the creation of a thriving investment portfolio alongside her husband, turning her legal expertise into a unique advantage in real estate transactions and community leadership.
We unravel the complexities of real estate investing, focusing on the strategic and legal elements of wholesaling and land banking.
Milena shares invaluable insights from her successful land banking venture in Rockland and emphasizes the importance of strategic planning and patience in real estate.
As market dynamics shift, we’ll explore how to maintain investor trust through transparency and solid management practices, even when challenges arise. This episode is filled with practical advice on navigating the evolving landscape of real estate investment with resilience and adaptability.
Finally, the conversation highlights the critical role of estate planning and financial literacy for both active and passive investors. Milena discusses the necessity of involving family members in the real estate business, ensuring continuity and trust.
We delve into the subtleties of real estate vehicles like Mutual Fund Trusts, stressing the need for thorough due diligence and legal oversight. With a focus on building wealth and achieving financial freedom, this episode offers a wealth of knowledge for anyone looking to fortify their investment strategies.
Thank you to Milena Cardinal from Cardinal Law for supporting this month’s episodes. To find out more about how her legal services can help you build your business and protect your assets, go to https://cardinallaw.ca.
“Inspired to Invest” is proud to support the Beyond Success Program, a not-for-profit financial literacy program for students, launched by More To Give & MAK Investments. Find out more at @more2give.ca.
Join us again on Nov. 20 to learn how to build a business and protect your assets with real estate law and structures!
Thank you for tuning into “Inspired To Invest”, hosted by @serenaholmesrealtor & remember, “when you invest in yourself, the sky’s the limit!”
And, for everything related to real estate and real estate investing, please make sure you’ve subscribed to @serenaholmesrealtor on YouTube & other platforms. We also have a page dedicated to this podcast on Instagram and Facebook @inspiredtoinvestpodcast where we preview guests each week, highlight their episodes, top takeaways, tips, quotes and more.