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Canadian Private Lenders’ Podcast
The #1 Podcast on Private Mortgage Lending in Canada. Ryan MacNeil and Neal Andreino of Keystone Capital Group outline their private mortgage lending experience and help you grow your mortgage business, while focusing on the importance of the growing Canadian Mortgage Broker channel.
Canadian Private Lenders’ Podcast
Ep. 88 | Inside Our Real Estate Portfolios: Wins, Lessons & Why We Still Invest
In this episode, Neal and Ryan pivot from private lending to something even more personal: their real estate investing journeys. They each share how they got started, the challenges they faced, the lessons they learned, and the deals that changed everything.
Together, they cover the realities of scaling, the role of private capital, partnership dynamics, reserve fund strategies, and what they would do differently.
Whether you are just starting or looking to grow your portfolio, this episode offers honest insights from two seasoned professionals who have lived through it all.
Show Notes:
03:01 - Real estate is adjacent to the lending space
03:42 - How Neal’s desire for fast cars turned into a path to real estate
06:13 - Dealing with nightmare tenants and learning on the fly
08:44 - Real estate or engineering? The career crossroads that shaped his future
13:57 - Being taken advantage of by people in contracts and deals
18:42 - Focusing on getting home runs gives more leeway to be a little loose with it
19:05 - Neal's goal in real estate investing
21:28 - His favorite real estate investing deal
23:20 - Ryan shares how his family started their portfolio in New Brunswick
27:48 - Why duplexes and neighboring properties offer long-term upside
29:59 - The obsessive path of wealth creation
31:23 - His big wins
32:14 - Why real estate isn’t passive and what sacrifice looks like
34:38 - Lessons on partnerships: Why should every favor be written out?
36:27 - Importance of having reserve funds and realistic timelines
38:10 - How leveraging private funds can help you scale
Resources:
- Keystone Capital Group
- CPLP Instagram: @cplpodcast
- Keystone Instagram: @keycapgroup
Find Neal On:
Instagram: @neal.andreino
LinkedIn
Find Ryan on:
LinkedIn
E-mail: ryan@keycap.ca