The Andrew Hines Real Estate Investing Podcast · Andrew M. Hines

The U.S. Real Estate Playbook for Canadians Pt 3: The 7 U.S. Real Estate Myths

·23 min·1 clip

Andrew Hines defines risk as not knowing enough about the investment.

1. The Andrew Hines Real Estate Investing Podcast episode focuses on The U.S. Real Estate Playbook for Canadians Pt 3: The 7 U.S. Real Estate Myths. 2. Andrew Hines hosts the episode as the main voice, and Matt is the partner he mentions while describing the U.S. investing business they built together. 3. The episode asks what stops Canadians from pulling the trigger on U.S. real estate and then answers that question with seven myths and practical counterexamples. 4. Hines says a Canadian does not need U.S. credit to buy investment property and describes getting U.S. construction financing while still being treated like he was starting from scratch. 5. He says one lender gave him about 70% loan-to-value and that lenders cared more about cash and liquidity than about American credit history. 6. He explains that some lenders asked for Canadian credit while others did not, and he says Canadians can also build U.S. credit with a tax identifier number even without a Social Security number. 7. Hines addresses the E-2 visa question and says real estate itself does not count as the active business that visa is designed for. 8. He says he and Matt have not moved to the U.S., even though they have done more than 30 flips, new construction homes, and land subdivides there. 9. He names Texas, North Carolina, Georgia, Tennessee, Florida, Louisiana, and Ohio as states where the team has worked. 10. He says the investing can be done from Canada with local professionals, internet tools, and a project-management structure. 11. Hines defines risk as doing an investment without knowing enough about the area, the rules, or how to respond when something changes. 12. He says education mitigates risk and that even a property close to home can be riskier than one farther away if the investor knows less about it. 13. He describes using Zillow, local realtors, school-zone checks, and AI-driven research to gather more information before buying. 14. He says he moved from investing within a six-hour drive of his house to buying in Florida from the Greater Toronto Area, which forced him to build a stronger team. 15. Hines says the business became less complicated when he shifted from doing everything himself in London to delegating renovation and acquisition work. 16. He says buying at 60 cents, 70 cents, or even 40 cents on the dollar creates enough spread to pay good contractors and still make the deal work. 17. The tone is structured and explanatory, and he explicitly says he is following notes rather than speaking completely freeform. 18. The delivery mixes personal history, practical examples, and repeated reminders that each investor should evaluate their own circumstances. 19. Canadians considering U.S. property investing will get the most value from this episode. 20. Listeners wanting market-specific deal analysis or dense tax mechanics may skip it. 21. Hines says the myths are not reasons to stay sidelined and points listeners to an entity setup playbook for accountants and legal professionals. 22. He says there are people in the mentorship group doing novations, wholesaling, and side-gig deals from Canada while holding full-time jobs. 23. He argues that land is one of the simplest U.S. strategies because there are no sewer, water, electrical, or insurance issues on closing. 24. He also says that land can feel boring at first, but he came to see it as consistent and liquid when bought at the right discount. 25. Hines closes by saying Canadians can build a profitable U.S. portfolio without moving, without American credit, and without letting accounting fear or visa confusion block action.

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