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The Diversify Show with Eric Lindsey
Looking for inspiration to elevate your business journey and personal development? Join us on the Diversify Show, where we spotlight high achievers who have successfully built businesses, investment portfolios, real estate businesses, and achieved massive success within various industries ranging from sports to academia. We place a strong concentration on the "how-to" side of things and personal development so that we can share in their success within our own lives as well. Tune in for expert interviews, practical tips, and the motivation you need to thrive as a high achiever.
The Diversify Show with Eric Lindsey
đď¸ How To Juggle Multiple Real Estate Businesses While Living In Canada with Adrian Hazzi đ¨đŚđ
At 19, AJ couldnât get financing, so he teamed up with a friend who had credit, bought a house, and houseâhacked with roommatesâliving free while values climbed. That first win pulled him into the industry; he started selling and investing the same year and became a broker/owner by 25. Today, as introduced on the show, heâs facilitated billions in deals, manages 1,000+ properties, and raises capital for multifamily projectsâall while splitting time between Kelowna, BC and Scottsdale, AZ. He hasnât âretiredâ; he simply built teams and systems around a clear vision. đ
đ Things Discussed
Joint Venture Basics: Cash, credit on the mortgage, management, and expertise each have valueâsplit the 100% âpieâ accordingly. A classic 50/50 fit: one partner has money, the other has time and knowâhow. đ¤
Two Active Funds:
Cash Offer Canada â Instant offers, buying at a 15â20% discount, renovate, then either sell or hold via rentâtoâown. Rentâtoâown boosts cash flow, shifts repairs to the tenant, removes the need for property management, and includes a nonârefundable deposit. Homes typically sell in 2â3 years at a premium. đľđ§
PurposeâBuilt Rentals â Large multifamily projects using CMHCâs 95% LTV loans, 50âyear amortizations, and local 10âyear tax holidays. With 20:1 leverage, ~$200M in builds can be done with ~$10M equity. đ˘
Returns & Structure: 8% hurdle, then a 50/50 LPâGP split. Past fiveâyear IRR averages ~18%. Multifamily deals target ~2.5x equity in three years and start at ~12% cashâonâcash. đ
Flipping in Arizona: Not high volumeâjust âhome runs.â Aim for ~30% annualized returns in six months. Earlier buys included $50K condos in Arcadia (now ~$350K). Current range: $1Mâ$1.5M midâluxury flips. đĄ
Foreign Capital: Canadaâs foreign buyer ban limits U.S. investors, though trust structures might work. No foreign money taken yet; an offering memorandum/public route is being explored. đ
đ How to Scale Your Business While Working FullâTime
Make yourself redundantâhire great people for what youâre not best at.
Use VAs and AI to buy back time.
Protect a âpower hourâ: 5â10 contacts daily. AJâs exampleâ200 calls a month â roughly four transactionsâshows why tracking inputs matters. âď¸
âď¸ How AJ Balances Life, Family & Real Estate
Sprint, then Rest: He takes real breaks (weekends to monthâlong trips). Like a boxer, you need that minute between rounds. đĽ
Vision First: He writes a vivid 10âyear picture. Reading his 2013 plan today, heâs hit ~80% of it. đŻ
đ AJâs Current Business Focus: Strategic Growth in This Market
Scale Cash Offer Canada & the purposeâbuilt rental pipeline under todayâs incentives.
Execute highâmargin flips in Phoenix with trusted local teams.
Keep refining systems so he can lead from anywhere. đ
â Key Takeaways & Advice for Busy Professionals đ°
Master Joint Venturesâknow your value and find the complementary partner.
Sequence: Expertise â Money â Timeâlearn first, then earn, then buy back your hours. đđľâł
Know Your Numbersâtrack calls â appointments â clients, run a real P&L, and follow âProfit Firstâ principles so the business lives on 70% of revenue. đ
Recharge to Performâyour best ideas come when you create space to think. đ´
Connect with AJ: Instagram â Vantage West Do Academy đ˛
Click On This Link For Our Free E-Book "An Introduction Into Apartment Syndication: https://moonlightcre.com/ebook_download/
Website: ericlindseydiversify.com
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey