Double BRRRR Strategy: How Natasha Feghali Refinanced the Same Properties Twice

Natasha E. Feghali (00:00)

If you think you’re gonna get into real estate and that’s just boxes on land, you are highly mistaken. Real estate is a people business.

Its not just

Parcels of land, and okay, let’s build a ADU and let’s house this person in my backyard that I don’t know, and I did barely any research on. No, and it’s amazing to me the rhetoric that is floating around out there, and then you go on the landlord Facebook pages, and it is thousands upon thousands of horror stories.

Quentin Edmonds (01:14)

Welcome to the Real Estate Pros Podcast. I am your host, Q Edmonds. I am indeed excited to be here today because this is my second time with this young lady, and I already know the nuggets she dropped before. I’m so interested to hear how things have changed, where she is now, part of take us through some of the changes of our journey in where she is now. So I’m so excited to introduce you all some again, Miss Natasha

Feghali. How did I do with that last name, Miss Natasha?

Natasha E. Feghali (01:46)

Yeah, you did great. Thank you so much. You did great. Yeah,

Quentin Edmonds (01:50)

Yeah.

Natasha E. Feghali (01:50)

yeah. I’ve heard many variations, but you did a great one.

Quentin Edmonds (01:54)

I appreciate that. How you doing today? How you feeling?

Natasha E. Feghali (01:57)

Yeah, I’m feeling fine. Thank you. I’m doing very well. Thank you for having me again and it’s my pleasure.

Quentin Edmonds (02:03)

No, absolutely. So glad to hear to have you here. I value your time. I think time is our most precious commodity. So please know I value you giving me some of your time today. I really, really appreciate that. And so I like I said before, I really am the type that like to dive right in. So I would love to know what is your main focus these days? What have you been up to? Give us a little, origin story, kind of how you got into the spaces that you’re in. And then also tell where you are in the world as well. So Miss Natasha, you have the floor, ma’am.

Natasha E. Feghali (02:32)

Yeah, thank you so much. So of course, this is our second time together and it’s been about six months or so. my backstory is that I was quite born into real estate. My grandparents had rental properties, my parents, my dad, and then I came into it on my own in my very, very early 30s, and I’ve been doing it ever since. I actually just did

a double burr. So on two different properties, the burr method. And it’s wonderful. it’s fabulous. If anybody knows that method, I would tell them to do it over and over again. And when I say double burr, it’s because I did two properties that I have already done twice before. Same property and I’ve burrred both properties two times.

Quentin Edmonds (03:23)

Yeah. Yeah.

Natasha E. Feghali (03:24)

As well as I’ve been running for city council for the last five months, I came in third. So I was not successful to be a city council, but I was very successful in everything else that has come out of that. And I am so deeply grateful. But one big message this time while running for city council that I think we see globally is that need for housing. There is a huge gap between people.

Having housing, wanting to get into housing, mortgage rates, mortgage approvals, and that missing middle that a lot of people don’t want to be in anymore. Everybody wants to be in the mini mansions. They don’t want to go to a starter home and work their way up. But I think that our generation and the generations under us, they need to understand.

that much like our grandparents did, you’re gonna start in that one bedroom starter home and work your way up.

Quentin Edmonds (04:25)

I love that. I love that. No, you are absolutely right. I appreciate you. I think that’s a great lens that you give on just the housing market. And I’m glad that’s part of your passion and wanting to change that because you’re absolutely right. That’s all across the board, the need for housing. I’m talking to a lot of people and that passion is right now is to provide affordable housing because people need it. And so I thank you. I thank you that’s part of your passion. So clear glad to hear that you ran the city council.

I know it maybe fell short of the exact goal that you wanted, but I’m so glad that you ran because I talked to you and I know that you’re a passionate person. So I actually this the last time and I’m gonna love actually you this time. Always say destiny has no wasted moments. We learn from each part of the journey. So Miss Natasha, in this leg of your journey, what has this journey, this part of your journey taught you about yourself? What is this part of this journey revealed to you about you?

Natasha E. Feghali (05:19)

It’s so interesting that you asked me that question. There was a lot of things that I thought I knew that I didn’t know in regards to municipal politics and how interesting it was to speak with private citizens about their thoughts. And I think that we don’t appreciate enough how much private citizens are very.

disappointed with their government at every single level and they feel misled, they feel unheard, and they don’t mind much like ourselves to pay taxes if they’re going to see the fruits of their labor. However, what I heard at the door is that they’re not seeing that and people feel very disheartened as well as they are very disturbed.

People are very disturbed with the current state of affairs in regards to people experiencing homelessness and why all levels of government are not housing them, whether it be in, supportive housing until they get into permanent housing or in facilities to help them become rehabilitated and integrated into society.

Quentin Edmonds (06:37)

Now again, thank you for sharing and you’re right on the front lines and I love how you said listening to what people, go through. And I was so delighted when I heard that you was running for city council and I’m delighted just to hear your viewpoint just being, kind of what they say, how they say boots on the ground, right? Like really listening and talking to people about what they’re going through. And so I’m interested to know because I always talk about systems and operations.

Right. So I’m interested to know has this changed the way you do business? Has this caused you to put different operations or systems in place? So talk to me a little bit how this maybe have changed you systematically.

Natasha E. Feghali (07:56)

Well, I personally, because we operate out of three provinces in Canada. And so very, very unfortunately right now, Canada is really this is my own opinion, but I believe we are in a difficult position financially and that is going to affect investors and it will affect people wanting to invest as well as the just

Basic growth of our economy. And housing is a large umbrella that everybody loves to talk about, but no one has any stake in the game. And until you’re like myself or yourself going to a property with a high-risk tenant that you’ve inherited or that you have worked with the city to rehouse.

And it’s going completely wrong. And they’ve now said, Well, we can’t do anything. This is the landlord and tenant board’s problem. And your problem. You have no idea what you are talking about. And so I realize that very early on. As well as the way that we do business, we follow, Canadian law and policies and protocols and

Of course, as anybody in real estate, you have lawyers and paralegals who are going to help you because we don’t know it all. But what I realized is that there’s a lot of people sitting in spaces where they have absolutely no idea what’s going on. But they’re talking to issues as though they do and giving solutions that will never happen. No small landlord is going to take on a high risk.

Tenant, unless the city is going on the lease as my renter, because it only takes one time for you to be put in a very dangerous situation and in a financial precarity that could destroy your business for you to say, I will never do this again. And I’ve spoken with thousands, hundreds of landlords and tenants all across the spectrum. And I value my tenants. They

Have been with me from the start, some of them. And I even ask them to vet people who are gonna live there. Cause you’re gonna live with them, not me. And we are all on the same page that there’s a lot of people in spaces that they don’t know what they’re talking about. They’re not in housing, they don’t invest in housing, they’re never going to be a landlord. They’ve never dealt with the LTB, but they’re giving advices

It’s completely impossible. It will not happen. It will never happen, actually.

Quentin Edmonds (10:36)

Yeah, so well said. whenever I’m talking to somebody, somebody’s asking me my opinion, I’m always giving them opinion based on my experience. I’m not trying to pull from any other thing other than my experience. And so I hear what you’re saying is a lot of people who are saying a lot of stuff but they don’t have no experience with what’s really going on. And so how can you really connect to people if you don’t experience what they’re going through? Have no experience with what they’re going through.

And so I think that was so, so well said. and I think I’m glad we got this on recording because I think that’s a nugget for every anybody that really wants to help people, they need to experience what they’re going through. And if you can’t experience going through it yourself, listen to the person that’s going through it. I might have said this to you before, and I quote this scripture on here quite often. It’s Proverbs 1125. It says, When you refresh others, you in return will be refreshed.

And so that’s why I said the foundation of any good business is serving to you. If you’re looking to serve people, refresh people, I promise you your business is going to succeed. I really believe that. ’cause I just think there is a law. Then you put that law into place, it has to work. It’s a system that has to work. And so I love it. Yeah. I appreciate you sharing. So what’s next for you?

Natasha E. Feghali (11:50)

I agree with you a hundred percent. we talked about this last time, and I agree with you one hundred percent. If you think you’re gonna get into real estate and that’s just boxes on land, you are highly mistaken. Real estate is a people business.

Its not just

Parcels of land, and okay, let’s build a ADU and let’s house this person in my backyard that I don’t know, and I did barely any research on. No, and it’s amazing to me the rhetoric that is floating around out there, and then you go on the landlord Facebook pages, and it is thousands upon thousands of horror stories.

And people just wonder why things look the way they do. And it’s so blatantly obvious because you’re getting advice that is putting you in a marginalized position where you are going to be directly impacted by the outcomes of this advice it’s very romantic. It

Quentin Edmonds (12:56)

That’s good.

Natasha E. Feghali (12:57)

doesn’t work in practice.

Quentin Edmonds (12:58)

Yeah. Yeah. I love that. Yeah. it’s good in form, but not in function. It’s good in window dressing, but not in actuality. So yeah, no, I hear you. That’s there. I hear you. Yeah. Miss Natasha, what’s next for you? What’s the next real goal? What are you looking to solve at scale next, man?

Natasha E. Feghali (13:14)

Yeah. So it’s a great question. because I have a business partner on some of my properties, and we were in court for most of last year with a tenant. So, when that happens, take a huge hit. so as I said, we did the burst strategy again to help us leverage that extremely difficult time. Yeah. And

Now we are navigating, what’s coming our way. I’m Canadian, you’re American, we’re in a difficult trade deal right now. it’s a difficult time for both our nations. And we’re navigating that and looking forward to what possibly 2028 could bring. From all of the reading I’ve done and lectures I’ve attended and seminars I’ve been

Able to watch or view, after the recordings or after the sessions, I feel that maybe for the next year we might still have some hurdles. And so I’m looking forward to see to what maybe 2028 could bring and keep doing my research on new and emerging markets. Of course, always looking abroad, but abroad right now as well isn’t looking so hot either. So it’s

Basically right now just keeping my finger on the pulse and staying afloat is one way to look at it. And then looking at where we could go with the business, in about a year from now.

Quentin Edmonds (14:39)

I’m gonna love asking you this question.

Because you got a new experience under your belt, right? And so the word and I asked you this the last time. The word relationship. When you hear the word relationship now, how do you synthesize that word? How do you synthesize relationship within business and relationship now within your journey after running for city council? How do you express the word relationship?

Natasha E. Feghali (15:40)

Our business as real estate investors is all about relationships. Relationships with your team, relationships with your lawyers, relationships with your mortgage brokers, relationships with your real estate advisors, relationships with your tenants. So real estate is about relationships. It’s all you do all day long. Them, harvest them, nurture them, and work with each other.

Running for city council also taught me that it’s about the relationships that you build in your community as well. And the trust that people put in you, and the trust that you have to put in others as well in order to run for municipal, provincial, federal politics, and how you’re navigating those relationships based on the role that you’re in.

And where those relationships can take you and it’s up to you to make sure that you are sticking to your word and that what you’ve said you’ll do, that you’ll do. So relationships equal account of being accountable to others and having integrity.

Quentin Edmonds (16:55)

Yeah. So well said. I’m glad I got this different, unique perspective on relationship from after going through obviously the tents that you deal with, but boots on the ground listening to people and the different things that they go on and how they’ve been affected when it comes to the housing crisis.

Ms. Natasha again, I’m appreciative to you, appreciative of your time. Before I tell people how to get in contact with you, is there any other message that you feel like the people may need to know about you? any other message of motivation, education? Maybe you came in with something in your notes or in your head that you may want to say, I want to make sure people know this. if it’s a message like that, I just want you to get a chance to land that message.

Natasha E. Feghali (17:34)

I believe that everybody has great intentions. I don’t believe that people are operating from a point of being devious or misguiding people. I feel that people may be misinform and are not in the field. So they’re coming at

Things from their own perception and their own perspective. Whereas for those of us in the housing industry, we do this every single day. And sometimes what we have to say is challenging and is hard to hear and hard to digest for those who are working in different areas and may feel very differently about.

Our point of view. And for new investors, I would always counsel them to do their homework before they make any move and that they inform themselves and that they speak with seasoned investors because we have the lived experience on the ground. We are doing this business every single day.

Quentin Edmonds (18:45)

Yeah. Yeah. Again, so well said, ma’am, so well said. Miss Natasha, if someone wanted to reach out to you, connect with you, collaborate with you, learn more about what you’re doing, how can they get in contact with you, ma’am?

Natasha E. Feghali (18:58)

Yeah, they can get in touch with me through my social media, which will lead them to my email. And that is all of my social media is at N-E Feghali. So at N E F E G H A L I. And through my social media, they can get in touch with me. And then our business is at Feghali Group

Inc.

And they can get in touch with us through that as well or in touch with myself. And I look forward to speaking with people for any questions or comments they might have.

Quentin Edmonds (19:33)

Love it. Love it. Well, again, this was good for me. I’m glad we got to do it again for a second time. I wanna say three things to you sincerely. One, I’m gonna say again, thank you for your time. I value the fact that you gave us some of your time. Secondly, thank you for your authenticity. Thank you for the gift of your integrity, the gift of showing up as yourself. I believe when we show up as ourselves, we cast seed out there. We don’t necessarily plant it. I think that’s for the people that here it

to plant it, but we cast seed that way somebody can take what was said and plant it into their life and we can harvest from it. And so I believe you casted some real seed today. So thank you for that. And lastly, thank you for your mindset, Natasha. Thank you for the way you think and bringing that mindset to this platform. I really appreciate you coming on today.

Natasha E. Feghali (20:22)

No, thank you so much. I appreciate it. Thank you for having me.

Quentin Edmonds (20:26)

Absolutely, absolutely. Well y’all heard Miss Natasha. Her information is in the show notes. Please get in contact with her. Learn more about what it is that she’s doing. Learn how you can support. But definitely make sure you’re subscribed here because I promise you we’re going to continue to bring up amazing people, just like Miss Natasha. So ma’am, I say thank you again. And everyone else, listen, y’all have a fantastic day.