Episode 13: An insight into Real estate investing in Canada

The Real Path to BYOB(Be your own Boss)

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Candice Bakx-Friesen- has a large portfolio of rental properties with her husband and is an agent, coach, and entrepreneur

Manasa 00:02

Welcome back to the real path to BYOB the show that aims to inspire you to achieve financial freedom and be your own boss, I'm your host Manasa Chepuri. Today we have an amazing guest with us. Her name is Candace backs Friesian. She has a large portfolio of rental properties with her husband and is also a real estate agent, coach, and entrepreneur. Welcome to the show Candice.

candice 00:24

Thank you so much for having me.

Manasa 00:26

It's great to have you here. And I can't wait to learn about your journey into real estate and to being your own boss.

candice 00:32

Yes.

Manasa 00:34

So could you share with me and my listeners hear a little bit about your background, your childhood, and how you got started with real estate?

candice 00:43

Sure. So I was raised by entrepreneurs, my grandparents, and my parents, on both sides for all entrepreneurs. So it was just something I think that naturally, you grow up with when you're surrounded with that from being a child already. And so I remember when I was about 12, thinking, maybe I should start reading some financial books because I don't know what I'm going to do or how I'm going to manage money. And everyone else around me seems to have this figured out. So I was one of those nerdy kids who was reading financial books at like, age 12 already. Oh, wow. Yeah. But I had my aunt who was one of the few people in our family at that point who had gone to university, and they really looked up to her a lot. And I thought she was an accountant. And I thought, yeah, I'm going to be an accountant, too. So the plan was always to go to university. And I was very driven and just wanted to get through high school because I got to start life already. And anyway, then I met my now-husband, and we met when I was 17. And he was 21. And he had rental properties already. And he had purchased his first rental when he was 17. So when we were we were just dating and chatting. And so I asked him about that because my family was gone into rental properties. And so he Yeah, he talked about it. And I was like, yeah, it seems to make sense. So we got married when I was almost 20. And I was 19. And yeah, almost 20. And so he already had two rental homes. And then I just said, Okay, well, this makes sense for one house, why don't we keep going. So you found a five Plex. And then we just kind of kept going from there. And that's that's how it's accumulated. So,

Manasa 02:37

okay. Okay, that's how it got started. And now after that, you have become a real estate agent, and what other stuff do you do in real estate?

candice 02:48

Yeah, so the accountant, I did finish my Bachelor of Commerce here, University of Manitoba, and I'm in Canada. And then I sort of switched gears and got into real estate instead of pursuing becoming, becoming an accountant. And so I've been doing that now for about 14 years. But things have really kind of gone full circle, where now I'm just really looking at Legacy and trying to give back to people. And so I've kind of come full circle, where now I do financial coaching, as well as being a realtor, whether that's people who want to invest in real estate, or they're just struggling to figure out their finances. And I really believe that you can change families, you can change, you know, the future for kids, and communities if you can help people get their finances in order and help them succeed.

Manasa 03:42

Wow, very, very well. So that is so true. Great. Awesome. So how do you do that, like

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