A biography for Scott McGillivrayhasn’t been written yet.
“In a way, I've made a career out of sweat equity, and I've enjoyed sharing what I've learned in the process. It's a great feeling to educate people on how to get into their first or fifth home in the most economical way possible.”
“If it is a rental property, we'll typically keep it fairly neutral. If it's a vacation property, we have a lot more fun and do things a little more edgy and exciting. When we're flipping, we obviously want to make smart decisions and do things that produce great returns.”
“One thing that has saved my bacon many times is talking to the neighbor about the property. Neighbors are so transparent and honest, they will give you the entire down-low on the property.”
“I think that every homeowner has a fascination with real estate. You can't deny that it's such a huge player in our finances. It's probably the most expensive thing you'll ever purchase, so you're forced to pay attention.”
“In my first home that I actually purchased, I built this nice little basement apartment, I moved into it, and I rented out the whole house upstairs. That allowed me to live there for free - because that's all I could afford.”
“I didn't come from a real estate background originally. I was going to school for business and was struggling to find a place to live because there weren't enough rental properties available to students.”
“Student rental is definitely a very profitable form; it is also a very time intensive type of investment. There's a lot of working involved with student rentals.”
“No means maybe in real estate.”
“People automatically associate the caliber of the space based on the appliances.”
“The door hardware in kitchens is super simple to update. It's essentially a few screws, standard spacing. It's a few bucks a piece and it can make a huge impact.”
“Before purchasing a fixer-upper property, make sure to look at the numbers. It is easy to become emotionally attached to a house, and buyers can lose sight of the true costs of the renovation work.”
“It isn't always easy to stay within budget when committing to a renovation, but one place you can cut costs is on the demolition.”
“I was one of those late bloomers when it comes to motorcycles. I didn't get my motorcycle license until I was 25.”
“Whatever you put in your listing, make sure that it's a true representation of the property and it's not dishonest.”
“I fell in love with real estate, renovations, and became a licensed contractor when I was 26.”