Stuart McFadden is partial to fourplexes.
A fourplex in Quesnel was his first real estate investment 14 years ago at the age of 23.
Since then he's made many more real estate investments, been a car salesman and stockbroker and is now a realtor, shared-office space co-owner and is bringing the Pizza Studio franchise to Kelowna.
"I still own that fourplex in Quesnel," said McFadden, 37.
"And I also own fourplexes in Kitimat, Williams Lake and 100 Mile House. Those towns are much more affordable than Kelowna and have the industries that pay good wages so workers can pay rent. Plus, there are four units in a fourplex, so if you have two of them rented out you're covering the mortgage. If you have three of them rented out you're making good money and if you have all four of them rented, you're laughing all the way to the bank."
As a realtor with ReMax Kelowna, McFadden always uses another realtor to buy investment properties and discloses he is a realtor.
"Real estate is always a sound investment," said McFadden.
"I know that as an investor and I always let my clients know that too."
In fact, McFadden is such a good realtor he's made his way on the Chairman's Club list two years in a row.
It an honour that less than two per cent of ReMax realtors worldwide attain.
"I set the Chairman's Club as a goal in my five-year plan and achieved it," he said.
After graduating from what was then known as Okanagan University College in 2004, McFadden first moved to Quesnel to work at his wife's family's car dealership as a saleman.
It formed the base of his sales experience and the locale allowed him to make the aforementioned first real estate investment.
When McFadden and his wife, Jennifer, moved back to Kelowna after two years in Quesnel, McFadden was a stockbroker at Canaccord for a couple of years.
He liked helping people make good investments, but made the switch to realtor when he realized he wanted to make more real estate investments himself and help other do the same and find great homes.
One of McFadden's latest real estate investments the former Fur Town building on Pandosy Street downtown, which has been converted into a co-work space with six offices, boardroom and lounge.
McFadden's office is upstairs, which used to be home to a dance studio, as is the office of his partner in the project, Dustin Serviss of Serviss Wealth Management.
The co-work cluster is called The Nest, in tribute to McFadden's company logo being a Canada goose and Serviss' an owl.
McFadden has also partnered with a former client and friend, Nicholas Popoff, to open next month a Pizza Studio franchise in one of the new commercial spaces in the Library Parkade expansion.
"It's will be a take out and delivery pizza place, but it's also going to be an affordable sit-down pizzeria where the whole family can enjoy pizzas and salads and mom and dad can also enjoy Quails' Gate wine on tap or Peroni beer on tap," said McFadden.
McFadden and Popoff, who also owns Onyx restaurant in South Surrey, are also on the lookout for locations for Pizza Studio in West Kelowna and Vernon.
All this means McFadden works long and hard.
"I've never had a salaried position, so I've never sat behind a desk from 9 a.m. to 5 p.m.," he said.
"But making my living from commissions and being entrepreneurial means I'm constantly available from basically 7:30 in the morning to 10:30 at night."
Most of McFadden's volunteering is being an auctioneer at charity events, including Kelowna General Hospital, Mary Irwin Theatre, Cops for Kids and Vancouver Symphony Orchestra.
He grew up around the auction business.
His grandfather, John Ritchie, was one of the founders of Ritchie Brothers Auctioneers, and his dad, Frank McFadden, worked for Ritchie Brothers, which has become a massive company with 110 locations in 25 countries.
McFadden and his wife have four children, 10-year-old twin boys, Cohen and Hudson, and two daughters, Brielle, 7, and Everleigh, 5.
They like to ski Big White as a family.