The Hidden Upside: Recent Episodes
Chris Shebib
Ready for a different side of real estate investing?
You can find plenty of resources that will let you hear how someone scaled to hundreds of doors, built a real estate empire or filled their lives with fast cars and luxury living.
But the real value is understanding and learning what it was that made a difference when someone faced an obstacle or needed to pivot or change a behaviour.
Introducing The Hidden Upside podcast, a show with Honest talk about Real Estate, Life Lessons and Mindset.
Every two weeks join your host, Chris Shebib, an experienced award-winning real estate investor and realtor, a former contractor and a former silicon valley technologist, as he encourages his guests to share the hidden side of a lesson learned, a mistake made or the secret success sauce they possess.
Listen in as they share the lessons learned and the steps they took after that made all the difference and in turn help you know what it might take to accelerate your own real estate investing success as we uncover The Hidden Upside.
Are you curious about the latest trends in Durham's real estate market? I've got you covered with a comprehensive update that breaks down the key performance indicators and what they mean for buyers and sellers.
In this episode, we'll dive into the October stats and compare them to BMO's predictions for 2025. You'll get an insider's look at how the market is shifting and what it means for your real estate decisions.
What You'll Learn: * The current state of active listings and sales volume in Durham * How average sales prices are trending month-over-month * Why the absorption rate is a critical indicator of market balance * What BMO's economic predictions suggest for the coming quarters * Actionable insights for both buyers and sellers in today's market
Key Market Insights: * Active listings are down, while sales volume is up * We've returned to a balanced market with a 40% absorption rate * Average days on market are holding steady around 22-23 days * Pricing strategies are crucial in the current market conditions
What This Means for You: If you're a buyer, now might be an excellent time to enter the market. With high inventory, stable prices, and predicted rate drops, you could find yourself in a uniquely advantageous position.
For sellers, while the market isn't seeing dramatic price increases, the uptick in sales volume could present opportunities, especially if you're considering selling an investment property.
I'll break down the data by region, giving you a granular view of how different areas within Durham are performing. Plus, I'll share my theory on why we're seeing these trends and what they could mean for the future of our local real estate market.
Whether you're looking to buy, sell, or simply stay informed, this market update provides the insights you need to navigate Durham's real estate landscape with confidence.
Tune in to get all the current data and learn how to position yourself for success in this evolving market!
Connect with Chris
https://shebib.com/
https://www.facebook.com/shebib
https://www.linkedin.com/in/chrisshebib/
https://twitter.com/chrisshebib
https://www.youtube.com/c/chrisshebib
Do you know what a Fractional CFO is? In this episode, I sit down with Stefanie Beharry, a CPA and Fractional CFO, to explore how financial expertise can revolutionize your investment strategy.
As real estate investors, we often focus on property acquisition and management, but overlook the critical role of financial management. Stefanie sheds light on how a Fractional CFO can provide high-level financial expertise without the hefty price tag of a full-time executive.
Why Financial Clarity Matters in Real Estate Investing Stefanie emphasizes the importance of understanding your numbers, not just for tax purposes, but for making strategic decisions about your portfolio. She explains how proper financial management can:
- Reduce stress and uncertainty in your business
- Help you make informed decisions about acquiring or selling properties
- Identify cash flow issues before they become critical
- Position you to take advantage of market opportunities
Key Takeaways for Real Estate Investors Here's what you can expect to learn from this insightful conversation:
- The difference between a bookkeeper, accountant, and CFO - and when you need each
- How to determine if your real estate portfolio is ready for fractional CFO services
- Strategies for managing cash flow and building reserves in uncertain market conditions
- The importance of regular financial check-ins and how they can prevent costly mistakes
- How to leverage financial data to make strategic decisions about your real estate portfolio
Is It Time to Level Up Your Financial Strategy? Whether you're a seasoned investor or just starting out, this episode will challenge you to think differently about the financial side of your real estate business. Stefanie provides actionable advice on how to gain clarity on your numbers and use that information to grow your portfolio strategically.
Don't miss this opportunity to gain insights from a financial expert who understands the unique challenges of real estate investing. Tune in now to discover how you can use financial expertise to uncover hidden opportunities in your real estate business.
About Stefanie Beharry Stefanie Beharry is a CPA with extensive experience in corporate finance. She now runs her own accounting firm specializing in fractional CFO services for real estate investors across Canada and the United States. Her expertise lies in helping investors make strategic financial decisions to grow their portfolios and achieve their long-term goals.
Connect with Stefanie
Linked In https://www.linkedin.com/company/rei-finance
Instagram https://www.instagram.com/stefbeharry/
FB: https://www.facebook.com/profile.php?id=61550295974229
Connect with Chris
https://shebib.com/
https://www.facebook.com/shebib
https://www.linkedin.com/in/chrisshebib/
https://twitter.com/chrisshebib
https://www.youtube.com/c/chrisshebib
Are you considering buying or selling a home? If so, you're in for a treat. In this episode, I sit down with Brad Bojda from Twin Peaks Home Inspection to discuss the crucial role of home inspections in real estate transactions.
With the market shifting, home inspections are making a comeback as a viable option for buyers and sellers alike. Brad shares his insights on the inspection process, pricing, and some of the most unusual findings he's encountered during his career.
What You'll Learn * The importance of home inspections in today's real estate market * How pre-listing inspections can benefit sellers * Common issues found during home inspections * The role of thermal imaging in detecting hidden problems * Tips for choosing a qualified home inspector
Key Takeaways * Home inspections are becoming more common again as the market balances out * Pre-listing inspections can help sellers address issues before listing their property * Thermal imaging can detect hidden problems like water leaks and insulation gaps * New construction homes may benefit from third-party inspections * Choosing an experienced inspector with proper credentials is crucial
Interesting Insights Brad shares some fascinating stories from his inspections, including encounters with angry raccoons and discovering major plumbing issues caused by tree roots. These anecdotes highlight the unexpected challenges that can arise during a home inspection and the value of having a professional assess your property.
"Every house is like a puzzle. So you get to piece it together and help people make good real estate decisions."
Whether you're a first-time homebuyer, a seasoned investor, or a curious homeowner, this episode offers valuable information about the home inspection process and its importance in real estate transactions. Don't miss out on these expert insights that could save you time, money, and stress in your next property deal.
Connect with Brad here
https://twinpeaksinspections.ca/
https://www.facebook.com/twinpeaksinspections
https://www.instagram.com/twinpeaks.inspections/
https://www.linkedin.com/company/twin-peaks-property-inspections
https://www.tiktok.com/@twinpeaksinspections
Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/c/chrisshebib
Are you curious about what's on the horizon for the real estate market? In this episode, I'm sharing my insights and predictions for October 2024, along with some valuable data from BMO's economic forecast.
We'll dive into the latest market trends, including new listings, active listings, and average sale prices across Durham. I'll break down the data by area and compare it to previous years, giving you a comprehensive view of the current market conditions.
Key Points You'll Learn: * How the market is shifting towards buyers and what it means for both sellers and investors * The relationship between listing prices and sales prices * Average days on market and what it indicates about market activity * Price trends across different areas in Durham * The absorption rate and its impact on market dynamics
BMO's Economic Forecast I'll share BMO's predictions for the coming quarters, including:
- Expected increases in existing home sales
- Projected price changes
- How these forecasts might affect your real estate decisions
Actionable Insights for Buyers and Sellers Whether you're looking to buy or sell, I'll provide you with actionable insights based on the current data and future projections. You'll learn why this might be an opportune time for both buyers and sellers, and how to navigate the market effectively.
Remember, while we can't predict the future with certainty, understanding market trends and expert forecasts can help you make informed decisions.
Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Cashing In on ADUs: Financing Tips for Smart Property Investors Are you looking to maximize your property's potential and boost your real estate investment returns? The world of Additional Dwelling Units (ADUs) is opening up exciting opportunities for investors, and I'm here to guide you through the latest developments.
In this episode, I sit down with Matthew Pickering from National Bank to explore the evolving landscape of ADU financing. We dive into how lenders are adapting to this growing trend and what it means for your investment strategy.
Key Insights on ADU Financing Here's what you can expect to learn from our conversation:
- How National Bank is leading the charge in recognizing ADUs for lending purposes
- The impact of ADUs on property valuation and rental income potential
- Various financing options available for ADU projects, including refinancing, HELOCs, and construction loans
- Strategies for leveraging ADUs to enhance your investment portfolio
- The future of ADU financing and its potential to reshape the real estate market
Why This Matters for Investors The rise of ADUs presents a unique opportunity to increase property value and generate additional rental income. Understanding the financing landscape is crucial for making informed investment decisions.
Expert Insights and Practical Advice Matthew shares his expertise on:
- Navigating the approval process for ADU financing
- Maximizing your borrowing potential with ADU projects
- Timing your investments in a changing interest rate environment
- Building a team of professionals who understand ADU projects
Whether you're a seasoned investor or just starting out, this episode offers valuable insights into a rapidly evolving aspect of real estate investing. Don't miss out on this opportunity to stay ahead of the curve and optimize your investment strategy.
Matthew has over 12 years of experience in the financial industry, which includes 5 years at National Bank. Matthew is a highly knowledgeable mortgage expert who enjoys helping customers navigate through different markets and achieving their real estate goals of wealth creation. Customer service and providing mortgage expertise are top priorities!
Ready to explore how ADUs can transform your real estate portfolio? Tune in now and discover the hidden potential in your properties!
Connect with Matthew Pickering on IG @mattpickering.mortgages
Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
In this episode, I am sharing the current economic factors shaping the housing market and what it means for investors and home buyers alike.
I explore the delicate balancing act the Bank of Canada is attempting as they navigate between stimulating the economy and preventing another housing market frenzy. From aggressive rate drops to loosening mortgage requirements, there's a lot to unpack.
What You'll Learn: * The latest changes to CMHC regulations and how they impact first-time home buyers * OSFI's new stance on mortgage renewals and what it means for you * Key economic indicators like GDP, unemployment, and insolvencies - and why they matter * Predictions for interest rate drops and their potential impact on the market * The surprising population growth trends and their effect on housing supply and demand
Why This Matters: Whether you're an experienced investor or just starting out, understanding these economic shifts is crucial. We'll break down complex data into actionable insights, helping you make informed decisions in an ever-changing market.
"If somebody says they know what's going to happen, just exit that conversation because you're probably talking to the wrong person."
Instead of crystal ball predictions, we'll focus on data-driven analysis and historical context to help you navigate the current real estate climate. From Toronto's potential role as a market indicator to the nuances of fall market activity, we've got you covered.
Don't miss this opportunity to gain a deeper understanding of the forces at play in today's real estate market. Tune in now and equip yourself with the knowledge to make smart, informed decisions in your real estate journey.
Connect with Chris Shebib here:
- https://shebib.com/
- https://www.facebook.com/shebib
- https://www.linkedin.com/in/chrisshebib/
- https://twitter.com/chrisshebib
- https://www.youtube.com/c/chrisshebib
Want to know the surprising twist in real estate investing that led to achieving financial independence?
You'll be amazed by how Adriana Ostapenko transformed her life and built a real estate portfolio. Her path from immigrant struggles to successful multifamily investments in Ontario and New Brunswick is a captivating story of resilience and strategic prowess.
And the best part? She's now helping others raise capital and achieve their own real estate dreams.
Curious to discover the unexpected turn that led to her remarkable success? Stay tuned for the full story!
“I do foresee the markets in the next couple of years turning back around. And I'm excited for that to happen because I feel like we will be able to capitalize it in a way that's even more attractive and optimized than we were first time around.” - Adriana Ostapenko
In this episode, you will be able to:
- Master Real Estate Investment Strategies in Ontario: Discover the insider tips for maximizing returns in Ontario's dynamic real estate market.
- Transition Smoothly to Multifamily Investments: Discover the secrets to diversifying your real estate portfolio and maximizing cash flow with multifamily properties.
- Unlock the Benefits of Investing in New Brunswick Real Estate: Explore the untapped potential and lucrative opportunities in New Brunswick's real estate market.
- Implement Successful Real Estate Development Strategies: Learn how to navigate challenges and capitalize on opportunities for profitable real estate development projects.
- Elevate Your Capital Raising Game for Real Estate Investments: Discover proven techniques for securing the funds you need to take your real estate investments to the next level.
Adriana Ostapenko, an experienced real estate investor, brings a unique perspective to the table with her background as an immigrant from Brazil. Overcoming challenges and carving her path in Canada, she has built a successful real estate portfolio, transitioning from residential investments in Ontario to multifamily properties in New Brunswick. With a portfolio of over 100 units and a development project underway, Adriana's story reflects a dedication to strategic growth and wealth-building, making her knowledge invaluable to real estate investors seeking to expand their portfolios and navigate diverse markets.
Connect with Adriana Ostapenko here:
https://www.instagram.com/adriana.ostapenko/
https://www.ace-properties.com/
https://www.facebook.com/AdrianaOstapenko
https://www.youtube.com/@adrianaostapenko9429
https://www.linkedin.com/in/adriana-ostapenko-446a8a248
In this episode, Chris provides a comprehensive market update on the real estate landscape in Durham Region. He discusses the impact of economic factors such as interest rates, inflation, and changes in mortgage guidelines from the Canada Mortgage and Housing Corporation (CMHC). Key trends in new and active listings, average days on market, and price changes are analyzed. Chris emphasizes the importance of understanding these trends for both buyers and sellers, offering insights into current market conditions and potential future developments.
Subscribe to get Market and Economic Updates as they are published -- usually 2 each month.
Connect with Chris Shebib:
Instagram: https://www.instagram.com/chris.shebib/
Facebook: https://www.facebook.com/shebib
YouTube: https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
LinkedIn: https://www.linkedin.com/in/chrisshebib/
Website: https://shebib.com/
Imagine investing in a property with the potential to have not just one, not two, but up to four units. And what if I told you that this could become a reality sooner than you think? Stay tuned to find out more about the exciting trends and possibilities in the Peterborough real estate market with Andrea Stillman. There's a lot to discover, and you won't want to miss out on this insider knowledge. Every situation's a little different. But if you were making that attic space a third unit under the additional residential unit regulation, as long as you weren't touching those other two, then it would be fine. - Andrea Stillman In this episode, you will be able to understand: * Mastering Peterborough with real estate market to tips unveil lucrative investment opportunities. * Navigating zoning rules leads to maximizing residential property potential. * Discovering the advantages of duplex and triplex properties for real estate investment success. * Understanding licensing requirements ensures smooth sailing for rental property ventures. * Learning the potential of adding secondary suites and ADUs for increased property value.
Andrea Stillman, the zoning administrator in Peterborough, has been a pivotal figure since 2015, contributing extensively to the city's development. With over 15 years of experience in municipal work, Andrea has a unique understanding of the intricate regulations and dynamics of the Peterborough real estate market. Her expertise in reviewing large developments, and smaller permits, and updating bylaws for the building department provides invaluable wisdom for real estate investors aiming to navigate the zoning landscape and optimize their investments. Andrea's deep knowledge of the second and third-unit regulations, along with her understanding of the economic trends in Peterborough, makes her an essential resource for those seeking to make well-informed and lucrative real estate decisions in the area. Connect with Andrea Stillman here:https://www.linkedin.com/in/andrea-stillman-396284118/ https://www.facebook.com/andrea.stillman.9
Are you tired of the traditional real estate investment strategies that are not yielding the results you desire? Have you been told that the key to successful real estate investing is to simply buy and hold, only to find yourself facing unpredictable market changes and financial stress? It's time to break free from the traditional methods and discover a new approach that offers long-term stability and strategic success. Let's explore the benefits of rent-to-own real estate investing and how it can transform your investment venture with Anuja and David Pereira! In this episode, you will be able to: * Discover the potential benefits of Rent to Own Real Estate Investing and how it can work for you. * Learn effective strategies for Successful Tenant Screening to secure reliable and responsible tenants for your property. * Explore the opportunities and challenges of Transitioning from Traditional Employment to Real Estate for long-term financial stability. * Discover the secrets to Creating Passive Income through Property Investment and diversifying your earnings. * Gain knowledge into Navigating Real Estate Market Changes for Investors and staying ahead in the dynamic real estate landscape.
David Pereira, an entrepreneur and the founder of a marketing agency focused on tech companies, offers a unique perspective on transitioning from traditional employment to real estate. With a decade of experience in real estate investing, including running a rent to own operating business, David provides valuable knowledge into strategic and successful real estate investments with long-term stability. His adventure from a tech-focused career to excelling in the real estate industry showcases his adaptability and expertise in creating passive income through property investment, as well as effectively navigating real estate market changes for investors. Anuja Pereira, an experienced real estate agent at Re/Max Realty Enterprises in Mississauga, has a robust background in the real estate industry. With over a decade of experience in real estate investing, Anuja specializes in rent-to-own operations and possesses extensive knowledge in successful tenant screening, creating passive income through property investment, and effectively navigating market changes for investors. Her transition from a long-standing career in education to real estate showcases her adaptability and commitment to the industry, making her a valuable resource for individuals looking to make a similar transition. Connect with Anuja Pereira here:https://www.anujapereira.com/ https://www.facebook.com/anujapereirahomes/ https://lorneparkliving.buzzsprout.com/ https://www.linkedin.com/in/anuja-pereira-30207456/ Connect with David Pereira here: https://www.linkedin.com/in/davidpereiralift/ https://renttogrowhomes.com/ https://getlift.com/
Imagine learning the surprising truth about real estate investing from someone who started with a late-night infomercial and went on to buy and sell over $50 million worth of property. Get ready to be inspired and learn firsthand from Bradley Dorsey's path into the real estate industry. Stay tuned for the unexpected tips, especially with flips, that will change the way you think about real estate investing. Do something where you can make 15,000, 25,000, whatever it is, make a profit. You're going to be super excited about it. - Bradley Dorsey In this episode, you will be able to: * Discover the essential steps to kickstart your journey in real estate investing and lay a strong foundation for success. * Unveil effective strategies that can lead to successful real estate flipping, and learn how to make the most out of your investment. * Learn how to find reliable contractors and build successful working relationships with them for your real estate flipping projects. * Understand the significant benefits of having a mentor in real estate investment and how it can accelerate your learning and growth in the industry. * Master the art of managing renovation budgets effectively, ensuring that your real estate projects stay within financial constraints and yield profitable returns.
Meet Bradley Dorsey, an experienced real estate investor hailing from Los Angeles. With a background rooted in the construction industry, Bradley's path into real estate investing is a testament to the power of early exposure and entrepreneurial spirit. His story of navigating through life's challenges and leveraging opportunities presents a valuable perspective for individuals looking to venture into the world of real estate investment. Bradley's down-to-earth approach and practical wisdom make him an inspiring guide for those seeking to start their real estate investment venture. Connect with Bradley Dorsey here:https://www.flipmyfuture.com/ https://www.instagram.com/flipmyfuture https://www.facebook.com/flipmyfuture23 https://www.youtube.com/@FlipMyFuture Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Discover the surprising truth about achieving financial success and building long-term wealth. Join me as David Dippong, a veteran in the real estate industry, unveils the unexpected strategies that will change the way you approach your goals. Stay tuned to discover how a simple mindset shift can lead to extraordinary results. You need to have some assets that will not only grow but also reduce your cost of living when paid off because I doubt you want to be working when you're 70 and pulling in as much income as you do now. - David Dippong In this episode, you will be able to: * Discover the secrets of investing in real estate for long-term wealth and financial security. * Unlock the importance of personal coaching in achieving financial success and reaching your goals. * Cultivate self-awareness and accountability to accelerate personal development and financial growth. * Implement customized strategies to achieve your long-term financial goals and build wealth. * Harness the benefits of mentorship for career and personal growth, unlocking new pathways to success.
David Dippong is a professional in the real estate industry, bringing over 15 years of experience to the table. Based in Santa Monica, he has developed a strong foothold in the Los Angeles and coastal Orange County areas, catering to diverse client needs. Hailing from a blue-collar background, David's story reflects his dedication and work ethic, leading him to success as a proficient realtor, investor, and personal coach. His extensive knowledge in real estate, combined with a passion for guiding individuals toward their long-term financial objectives, underscores his commitment to delivering valuable wisdom. With a focus on empowering clients through informed decision-making, David's expertise offers a pragmatic approach to achieving enduring financial stability and prosperity. Connect with David Dippong here:https://www.linkedin.com/in/dippongrealestatela/ https://www.facebook.com/DippongRealEstateLA/ https://www.instagram.com/dippongrealestatela/ https://www.youtube.com/@dippongrealestateLA https://www.tiktok.com/@dippongrealestatela/ https://dippongrealestate.com/ david.dippong@compass.com Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Karim Kerachni's commitment to delivering value and nurturing genuine connections sets him apart as a forward-thinking and influential entrepreneur in the real estate market. In this episode, discover the secrets behind his success in various ventures and his influential role in expanding PropertyGuys into the United States. Get ready for valuable ideas and inspiring stories that will leave you eager to explore new horizons in entrepreneurship. In this episode, you will learn about the following: * Geographic Freedom: Karim Kerachni exemplifies the life of geographic freedom, running businesses while moving around multiple countries. * Franchising Opportunities: Karim discusses the process of franchising cleaning businesses and PropertyGuys, offering ideas and knowledge for expanding PropertyGuys into the United States. * Business Evolution: The conversation discusses how businesses fit within markets, how markets evolve over time, and the importance of adapting to change. * Advice for Tough Times: Karim shares valuable advice on weathering tough times, emphasizing the importance of systems, processes, and genuine conversations in business interactions.
Karim Kerachni is a dynamic entrepreneur with a rich sales, management, and business ownership background. He began his career in sales before transitioning into entrepreneurship, founding the successful cleaning company Steamates, which expanded to multiple branches in Halifax and Ottawa. His venture into franchising brought him to PropertyGuys, where he plays a crucial role in the brand's U.S. expansion. Karim's business philosophy centers on geographic freedom and the creation of efficient systems and processes, showcasing his adaptability and innovative spirit. His dedication to networking and fostering genuine conversations has been instrumental in guiding potential franchisees to success. Karim has distinguished himself as a leader who prioritizes authentic connections by emphasizing organic relationships and mutual value creation. Connect with Karim Kerachni here:https://www.linkedin.com/in/karim-kerachni/ https://info.propertyguys.com/mass/ https://propertyguysfranchise.com/ https://steamates.ca/ https://www.instagram.com/propertyguys_franchises_mass/ Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
What does it take to achieve financial freedom in 5 years? Today, we're delving into the dynamic world of real estate investing with Brian Grimes, an expert whose journey from financial planner to thriving real estate investor and coach is nothing short of inspiring. Join us as Brian unveils his strategies for scaling a real estate portfolio, emphasizing the critical role of cash flow amidst ever-changing market conditions and inflationary pressures. Drawing parallels from his background in sports, Brian shares invaluable insights on resilience, strategy, and seizing opportunities in the real estate landscape. Get ready for an immersive discussion brimming with actionable advice and captivating narratives that will ignite your passion for real estate investing. In this episode you'll be able to learn about: * The importance of investing for cash flow, especially in the current market environment. * Highlights the opportunity for Canadian investors to benefit from higher cap rates in the U.S. real estate market. * A journey of scaling a real estate portfolio and the importance of having a long-term perspective in investing. * The value of mentorship and learning from experienced individuals in the real estate industry.
Meet Brian Grimes, a highly experienced real estate investor and coach hailing from the bustling city of New York. Armed with a background in financial planning, Brian's journey from managing a modest portfolio of 300 properties to breaking free from the conventional nine-to-five grind in just five years is nothing short of extraordinary. Leveraging his experience as a former high-level athlete, Brian infuses his real estate endeavours with a competitive edge and a knack for team-building honed on the sports field. Passionate about empowering others to scale their real estate portfolios, Brian offers a comprehensive turnkey solution tailored to Canadian investors eyeing lucrative opportunities in the U.S. market. His approach prioritizes cash flow, long-term wealth accumulation, and operational efficiencies achieved through meticulous in-house management. Renowned for his unwavering commitment to extreme accountability and relentless pursuit of improvement, Brian stands as a beacon of leadership in real estate. Connect with Brian Grimes here: https://www.linkedin.com/in/brian-grimes-cfp%C2%AE-2b99b632/ https://workwithgrimes.com/podcast1667583103574 https://www.youtube.com/channel/UCTYE7wOTs5VMHGdHnfLcWyw Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Prepare to unearth the secrets behind Ahmed Seirafi's meteoric rise in the industry, from humble beginnings to spearheading multi-million dollar development ventures. Ahmed Seirafi embodies the essence of a real estate mogul, with experience spanning more than 25 years in the industry. From his humble beginnings, toiling away at his family's gas station, Ahmed's trajectory took a sharp turn towards commercial real estate brokerage, where he honed his skills in the niche of industrial properties. But Ahmed's ambitions didn't stop there. With a bold vision and unwavering determination, he delved into the realm of multifamily investments, leveraging his expertise to breathe new life into properties through strategic renovations and value-add initiatives. In this episode you'll be able to learn about the: * Importance of having a strong foundation in real estate before scaling up * Significance of having the right mindset and being willing to adapt in the real estate business * Importance of health and how it impacts one's ability to fulfill responsibilities in entrepreneurship * Raising capital for acquisitions, focusing on having a smaller group of investors with aligned goals
Driven by a relentless pursuit of operational excellence and a hands-on approach to management, Ahmed has masterfully expanded his empire, now boasting a portfolio that includes development projects valued at over $300 million. Yet, amidst the dizzying heights of success, Ahmed remains grounded, his commitment to health and discipline serving as pillars of his personal and professional growth. Prepare to be inspired by his insights and motivated by his unwavering dedication to building a better tomorrow through real estate. Connect with Ahmed Seirafihttps://www.ahmedseirafi.com/ https://www.linkedin.com/in/ahmedseirafi/ https://www.youtube.com/@ahmedbuildsbetter https://www.instagram.com/ahmedbuildsbetter/ https://www.facebook.com/ahmed.seirafi Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Get ready for a captivating conversation that will challenge your perceptions, ignite your curiosity, and perhaps even inspire you to explore California's ever-changing world of real estate. Our guest, Ed Parcaut, helps us understand California's dynamic market, delve into the intersection of politics and property, and unveil the keys to making informed investment decisions. Tune in now and join us on this enlightening expedition! In this episode, you'll be able to learn about: * The current state of San Francisco and the efforts to address issues like crime and homelessness. * The impact of immigration on governance, housing, and real estate in California. * Engaging with differing viewpoints and understanding history to make informed decisions is highlighted. * Opportunities in real estate investing, particularly in multifamily properties, are discussed, emphasizing the need to consider all factors before making decisions.
Ed Parcaut is a seasoned mortgage broker based in scenic Modesto, California. With a rich background in the real estate industry, Ed possesses an intimate understanding of the nuances of California's Central Valley and offers clients unparalleled insights into the region's housing market. With a keen eye for emerging trends and a pragmatic approach to decision-making, Ed provides invaluable guidance on California's real estate landscape. Whether addressing rent control laws, historical market patterns, or investment opportunities, Ed's insights empower clients to make informed decisions and achieve their long-term financial goals. Connect with Ed Parcaut: * https://www.edparcaut.com/ * https://www.facebook.com/edparcaut/ * https://www.linkedin.com/in/edparcaut/ * https://www.instagram.com/edparcaut/ * https://x.com/parcaut * https://www.youtube.com/@EdParcaut * https://www.tiktok.com/@edparcaut * https://www.pinterest.com/edparcaut/
Connect with Chris Shebib here: * https://shebib.com/ * https://www.facebook.com/shebib * https://www.linkedin.com/in/chrisshebib/ * https://twitter.com/chrisshebib * https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
If you're feeling the frustration of struggling to find cash-flowing properties and facing unrealistic timelines, then you are not alone! It's time to shift your focus to creating value and join a community of like-minded investors. Let's dive into how to achieve your real estate goals and sustainably build wealth. A healthy person has 1000 goals and a sick person has one. - Michael Saraccini In this episode, you will be able to: * Mastering Real Estate Investing in Southern Ontario: Unlock the secrets to thriving in the Southern Ontario real estate market. * Creating Cash Flow with Multifamily Properties: Learn the proven strategies for generating consistent cash flow from multifamily properties. * Financing Real Estate Investments Privately: Discover the insider techniques for securing private financing to fund your real estate ventures. * Building a Real Estate Investor Community: Discover the power of community and networking to amplify your real estate investment success. * Health and Performance for Entrepreneurs: Elevate your performance and well-being to drive sustainable success in your entrepreneurial journey.
Michael Saraccini, the CEO of Keyspire, is a seasoned real estate investor with over two decades of experience. His unconventional path, from pursuing dreams in a boy band to discovering the power of real estate investments, offers a unique and relatable perspective.
With a focus on empowering individuals to take control of their financial destinies, Michael's insights on mindset and real estate investing are both enlightening and practical. His journey exemplifies the transformative impact of embracing new opportunities and taking charge of one's financial future, making him a compelling guest for entrepreneurs looking to enhance their health and wealth.
Connect with Michael Saraccini here:
- https://www.facebook.com/michaelsarracini
- https://www.youtube.com/@michaelsarracini
- https://www.instagram.com/michaelsarracini/
- https://www.keyspire.com/
- https://www.michaelsarracini.com/home-page-welcome
Connect with Chris Shebib here:
- https://shebib.com/
- https://www.facebook.com/shebib
- https://www.linkedin.com/in/chrisshebib/
- https://twitter.com/chrisshebib
- https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
As a real investor, our guest this week, Danielle Chiasson, has seen many different situations. She shares her journey from landlord to aspiring developer of purpose-built multi-unit properties, how she chooses the right clients and properties, and her ambitious plans for new-build projects and strategic partnerships. Danielle has over a decade of experience and a knack for navigating diverse strategies – from house hacking to land development. As the visionary founder of Strategic Success, an online educational platform, Danielle aims to empower investors at every stage of their journey. With a rich background in flipping houses and managing multi-unit properties, Danielle champions the values of education, strategic decision-making, and humility. But Danielle's journey doesn't stop there. She's charting new territories, transitioning towards purpose-built multi-unit properties and new builds. Leveraging her expertise in capital raising and strategic partnerships with construction professionals, Danielle is poised to conquer larger projects and redefine success in the industry. In this episode, you'll learn about: * Building strategic success: An online educational platform for real estate investors offering a one-stop shop for all levels of investors. * Education's importance in real estate investing to mitigate risks and make informed decisions. * Stress test in the real estate market in recent years highlights the need for strategic and deliberate actions. * Entry point into real estate investing through house hacking and creative financing. * Transition from landlord to flipping houses to purpose-built multifamily properties.
Through a unique hybrid model approach and a steadfast focus on accountability and partnership, Danielle is not just making waves – she's transforming the real estate landscape one project at a time. Join us as we uncover the secrets to Danielle's success and embark on a journey of discovery and growth in the world of real estate investing. Get ready to be inspired, informed, and empowered!
Connect with Danielle Chiasson here:
- https://www.linkedin.com/in/daniellechiasson/
- https://www.strategicsuccessconsulting.com/
- https://www.instagram.com/danielle.chiasson/
- https://www.daniellechiasson.com/
Connect with Chris Shebib here:
- https://shebib.com/
- https://www.facebook.com/shebib
- https://www.linkedin.com/in/chrisshebib/
- https://twitter.com/chrisshebib
- https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
If you're feeling the pressure of trying to achieve work-life balance and personal fulfillment, but finding it difficult to juggle your business and personal life, then you are not alone! As an entrepreneur, you may be struggling to find the right approach to achieve both success in your business and personal happiness. You may be trying to do it all, but feeling overwhelmed and burnt out instead of finding the balance you desire. I want to create 100 millionaires through real estate. It's done a lot for me and I love helping others do that as well. - Wyatt Simon In this episode, you will be able to: * Master Real Estate Investing Success Strategies and unlock your potential for wealth creation. * Discover the power of Leveraging Low-Cost Loans for exponential growth in your investment portfolio. * Achieve Work-Life Balance and Personal Fulfillment while excelling in your entrepreneurial endeavours. * Embrace Purpose-Driven Entrepreneurship and Faith to drive meaningful impact and success. * Learn how to Scale Investments with Strategic Partnerships and maximize your returns.
Wyatt Simon, a former basketball player and current investor based in Omaha, Nebraska, has achieved notable success in the real estate industry, having transformed a 200k line of credit into a substantial $20 million real estate portfolio within a relatively short timeframe of six and a half years. His practical experience and insights into scaling a real estate portfolio, coupled with his transition from sports to business, provide a unique perspective on achieving work-life balance and personal fulfillment. As a guest on the podcast, Wyatt's expertise offers valuable lessons for entrepreneurs and investors seeking to navigate the intricate dynamics of balancing business and personal life. Connect with Wyatt Simon here: https://www.linkedin.com/in/wyatt-simon/ http://www.fcequitypartners.com/ https://www.instagram.com/wyattbuysbuildings/ https://www.wyattsimon.com/ https://www.facebook.com/wyatt.simon/ Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
In a recent chat with Georges El Masri, we dug deep into the ins and outs of real estate investing, particularly focusing on the factors that could impact investment strategies in the coming months. One valuable insight that emerged is the significance of considering the margin for error in today's real estate market. Unlike a few years ago, when a longer renovation or delay in property sales worked in favour of investors due to market appreciation, today's environment demands a more precise and strategic approach. This insight serves as a wake-up call for investors, emphasizing the importance of meticulous planning and thorough execution in every real estate project. It underscores the necessity for adaptability and foresight in navigating the market dynamics and making informed decisions. If you can reach your goals faster by investing somewhere else and it makes sense for you, then you should do that. - Georges El Masri In this episode, you will be able to: * Uncovering hidden real estate opportunities in challenges. * Mastering financing options for successful real estate investments. * Enhancing property value through strategic renovations. * Gaining insights into Ontario's real estate market predictions. * Discovering the art of finding hidden upsides in tough situations.
Georges El Masri is an established real estate investor, realtor, and podcast host. Graduating from university in 2012, he transitioned from a tech job to real estate, aiming to pursue investment opportunities. His property investment journey commenced in 2017 with the acquisition of his first rental property, sparking an ongoing accumulation of a diversified portfolio. With a focus on strategic property investment aligned with his financial goals, Georges has evolved his investment approach over time. Through his Well Off podcast and open discussions, he provides valuable insights into property investment strategies, property management, and the adaptive nature of real estate investment. Connect with Georges El Masri here: https://www.welloff.ca/about.html https://www.facebook.com/georgeelmasriWO/ https://www.linkedin.com/in/georgeelmasri/ Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
In a world of single-family properties, Michael Ponte found success. But as he dove into his real estate journey, he uncovered a surprising twist that changed everything. That led him to a new path filled with multifamily investments and endless potential. Patience is a virtue in this game. It really is. And I see it all the time. It's one of those things. But the longer I've been in the business, it just has showed to me over time. The more patient you are is where the opportunities really lie. - Michael Ponte In this episode, you'll be able to: * Master real estate investing strategies to achieve financial success. * Explore Alberta real estate market opportunities for profitable investments. * Learn how to maximize income potential in rental properties for long-term wealth. * Discover effective ways to scale and delegate in your real estate business for growth. * Embrace and adapt to technology in real estate to stay ahead in the industry.
Michael Ponte is a seasoned real estate investor with two decades of industry experience. His journey, which began with single-family properties, has evolved into a strategic focus on multifamily investments. Michael's approach emphasizes the importance of cash flow and security, offering valuable insights into maximizing rental income. His knack for identifying opportunities and predicting market trends makes him a key player in the real estate investment landscape. With a preference for simplicity and a keen eye for potential, his expertise provides a refreshing take on long-term investment success, making him a valuable resource for seasoned and budding real estate investors. Connect with Michael Ponte here:https://thesavvyinvestor.ca/ https://www.youtube.com/channel/UCaQp30lGnYUagTI77CmFKog http://www.prosperityinvestments.ca/ Connect with Chris Shebib here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Discover the secrets to successful real estate investing by focusing on tenant satisfaction. Join me and Jeff Lee as we share valuable insights on creating happy tenant experiences that lead to increased rental property profitability. Learn how to design functional spaces, improve ventilation, and foster positive relationships with contractors. Don't miss out on this episode packed with expert advice! Watch now!
In this episode, you will be able to:
- Maximize rental property profits by enhancing tenant satisfaction.
- Increase tenant happiness and retention with strategic property upgrades.
- Learn the importance of basement waterproofing for long-term property value.
- Improve rental property profitability by hiring professionals for construction projects.
- Discover the benefits of building a garden suite for additional rental income.
My special guest is Jeff Lee
Jeff Lee is a general contractor, Jeff's expertise lies in conducting duplex conversions, building garden suites, and carrying out various home renovations. As an experienced investor himself, Jeff understands the unique needs and challenges faced by fellow investors. His ability to walk a mile in their shoes allows him to bring a valuable perspective to the table, bridging the communication gap and ensuring a smooth collaboration between investors and contractors. Jeff's extensive knowledge of different markets, including the east side of Durham, Scarborough, Northumberland, and Peterborough, makes him well-equipped to provide insights and strategies tailored to specific locations. Whether it's navigating the fluctuating market conditions or optimizing rental property profitability, Jeff's expertise and passion for real estate investing make him a valuable resource for investors looking to improve tenant satisfaction and achieve financial success.
Connect with Jeff:
- https://www.facebook.com/jeff.lee.967422
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https://www.linkedin.com/in/jeff-lee-975068178/ Connect with me here:
-
https://shebib.com/
- https://www.facebook.com/shebib
- https://www.linkedin.com/in/chrisshebib/
- https://twitter.com/chrisshebib
- https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
In this episode of The Hidden Upside podcast, you'll hear from a real estate expert who shares valuable insights and strategies for success in the industry. With his extensive experience in various real estate strategies, he offers a unique perspective on the current state of the market and the challenges and opportunities it presents for investors and tenant buyers. As you listen to this episode, you'll gain enhanced knowledge and valuable tips that will empower you as a real estate entrepreneur. So grab your favourite beverage, sit back, and get ready to uncover the hidden upside of the real estate industry with Alfonso Salemi. In this episode, you will be able to: * Keep up with the latest market trends in the real estate game. * Unlock the potential of the rent-to-own model and reap its benefits. * Identify and target the right audience for rent-to-own agreements to maximize your profits. * Discover practical tips and strategies to succeed as a real estate entrepreneur. * Set clear and achievable goals to drive your real estate business toward success.
Alfonso Salemi is a seasoned real estate entrepreneur focusing on rent-to-own strategies in Ontario, specifically in the Southwestern region. With over ten years of experience in the industry, he holds the position of VP of Business Relations at JAG Properties. His primary objective is to facilitate homeownership for families and individuals who cannot qualify for conventional financing. By employing a tenant-first approach, he guides clients through selecting their desired home while matching them with real estate investors interested in achieving a good return on investment. With a track record of success and a commitment to client satisfaction, he brings expertise to the rent-to-own market. Real estate entrepreneurs seeking to navigate this specialized sector can benefit greatly from his knowledge and strategies for success. Connect with Alfonso: * https://www.linkedin.com/in/alfonso-salemi-55052949/ * https://www.instagram.com/alfonso.salemi/ * https://www.facebook.com/alfonso.salemi.12 * https://jaagproperties.com/
Connect with me here: * https://shebib.com/ * https://www.facebook.com/shebib * https://www.linkedin.com/in/chrisshebib/ * https://twitter.com/chrisshebib * https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Embark on a journey of discovery with me, Chris Shebib, on The Hidden Upside Podcast as we celebrate our one-year anniversary! I will share the five most downloaded episodes with you and dive into the essential topics of mindset, resilience and entrepreneurial thinking needed for investment success. Brace yourself for a rollercoaster of emotions as you witness how a simple desire to share valuable information transforms into a life-changing community of like-minded individuals striving for financial freedom. Get ready to be inspired and empowered, and learn more as we open the door to a different side of real estate investing that will forever alter your path to success. In this episode, you will be able to: * Unlock real estate investing insights and discover new strategies for success. * Tap into your creative side and learn how to create wealth through real estate investments. * Explore the importance of building strong contacts and how it can boost your investment opportunities. * Ensure long-term success in real estate investing by mastering the art of solid contracts. * Discover the benefits of credit unions in financing your real estate projects and maximizing your returns.
Connect with me here: * https://shebib.com/ * https://www.facebook.com/shebib * https://www.linkedin.com/in/chrisshebib/ * https://twitter.com/chrisshebib * https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Considering various factors before diving into an investment opportunity separates a successful investor from the rest. Legislation, historical trends in the market, cash flow analysis, and other variables all form critical components of the decision-making process. This week's episode is a recording of the Monthly Blue Orchard Economic Update, which serves as a beacon of knowledge for those seeking to navigate the dynamic real estate market. While the event typically encompasses a wide range of subjects, this episode will primarily focus on exploring local market trends and the impact of Bill 23, which informs investors' decisions on when and how to engage in real estate investing in Ontario. In this episode, you will be able to: * Learn the latest real estate investing strategies and market trends to stay ahead of the competition and maximize your investments. * Understand the impact of legislation on real estate investment and gain insights on navigating the changing legal landscape for optimal financial gains. * Discover the hybrid model of real estate investing that combines the best of both long-term investments and short-term flips, allowing you to diversify your portfolio and increase profitability. * Unlock the power of focus and mindset in achieving success in real estate investing, and learn practical techniques to stay motivated and overcome challenges. * Explore the role of interest rates in real estate investment decisions and gain expert tips on leveraging interest rate trends to make informed investment choices and maximize returns.
Connect with me here: * https://shebib.com/ * https://www.facebook.com/shebib * https://www.linkedin.com/in/chrisshebib/ * https://twitter.com/chrisshebib * https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
In any business venture, notably real estate investing, rejection is unavoidable. It is natural to face rejection when reaching out to potential clients or looking for new investment deals. The key lies in developing a thick skin and understanding that not everyone will agree with your vision or strategies. Brushing off rejections and bouncing back with renewed vigour is necessary for long-term success. My guest, Jas Takhar, has effectively adopted this mindset in his business and personal life. In this episode, you will be able to: * Unearth the keys to maximizing profits in real estate investing for a secure financial future. * Find out how to navigate the landscape of land development and preconstruction condominium investments. * Uncover the skill of finding the perfect harmony between fulfillment and wealth creation in real estate. * Seize the opportunity to gain indispensable knowledge about real estate investing for future financial sustainability. * Discover the From the Ground Up Academy's exclusive strategies that empower real estate agents.
Jas Takhar is a revered personality in the world of real estate in Toronto. With two successful decades as a realtor and his skills further honed with years of personal investment, he brings a wealth of knowledge to the table. He manages a formidable team of real estate agents under REC Canada, a part of the Royal LePage franchise. He has also rolled out a training company dedicated to realtors, seeking to enact change in their professional journey. His mindfulness in teaching the art of building wealth through real estate investments has made him a cherished mentor to many. Connect with Jas: * https://jastakhar.ca/ * https://www.instagram.com/jastakhar13/ * https://www.youtube.com/jastakhar * https://www.facebook.com/jastakhar13
Tenant satisfaction is not merely about providing a roof over one's head; it encompasses many factors contributing to a positive living experience. These factors include responsive maintenance, clear communication, secure and well-maintained properties, and a sense of community.
Adam Kitchener, a seasoned real estate investor, unveils the secrets to property management, fostering a harmonious landlord-tenant relationship and achieving sustainable success in the competitive real estate market.
In this episode, you will be able to: * Delve into the heart of real estate investing and appreciate the importance of providing value to tenants. * Establish the positive impact of a cooperative approach in the real estate market and the need to sidestep harmful practices. * Explore the labyrinth of property management to reveal hidden challenges and potential opportunities. * Comprehend the significance of flexibly adapting strategies as a real estate investor. * Garner insights into navigating fluctuations in market conditions and ensuring the sustainability of your real estate portfolio.
Meet Adam Kitchener, a dynamic and resourceful real estate investor. With an unwavering spirit of resilience and an innate flair for initiative, he embarked on his journey in the property market at a remarkably young age. He masterfully navigates both the macro and micro dimensions of property investment, seamlessly harmonizing the intricacies of business dynamics with the art of nurturing customer relationships.
Renowned for his unparalleled ability to foresee market fluctuations and engage in proactive trend analysis, he has meticulously crafted a strategy that marries diligent labour with keen business acumen. Accumulating years of invaluable experience, he stands as a resolute advocate for tenants' well-being, epitomizing the essence of value-driven real estate investing.
Connect with Adam:YouTube:https://www.youtube.com/@mradamkitchenerInstagram:https://www.instagram.com/mradamkitchener/
The journey to success is often filled with unexpected twists and turns as individuals navigate challenges and opportunities that shape their destinies. Sarah Eder's remarkable journey from being a passionate horseback rider to becoming a successful real estate investor exemplifies the power of determination, adaptability, and a relentless pursuit of one's dreams. Her story shows that the path to success is not always linear but a dynamic process that requires constant growth and evolution.
In this episode, you will be able to:
- Experience the riveting journey of Sarah Eder, dissecting her transition from athletics to real estate investing.
- Uncover how transferrable skills and values from athletics can catapult you to success in real estate investing.
- Realize the critical importance of adaptability and the usefulness of multiple investment strategies in today’s volatile market.
- Delve into the challenges and rewards the contemporary real estate investment market offers.
- Discover the art of establishing solid relationships and implementing practical systems to thrive in real estate investing.
Sarah's remarkable journey unfolds from her pursuit of Olympic dreams to the establishment of a thriving career in real estate. Her unwavering determination, cultivated during her days as an athlete, seamlessly translated into the challenges of property management and entrepreneurial endeavours.
Notably, lacking formal business training initially, her relentless drive, fueled by her innate competitive spirit and unwavering dedication, propelled her into real estate. Now, her distinctive upbringing and profound experiences interlace to create a narrative that serves as a wellspring of inspiration for individuals venturing into property investment.
Connect with Sarah:
Website: https://www.saraheder.com/
Linkedin: https://www.linkedin.com/in/sarahederinvest/
Instagram: https://www.instagram.com/sarahederinvest/
Facebook https://www.facebook.com/sarahederinvest
YouTube: https://www.youtube.com/channel/UCLrKCdPezd_aaqQs0Z9ijPw
In times of economic decline, when markets are plagued by uncertainty, and investors face mounting challenges, it takes a unique blend of determination, resilience, and strategic thinking to navigate the storm. Real estate investor Cory Sperle embodies these qualities as he confronts the hurdles of remote property management head-on.
This episode explores Cory's inspiring journey, highlighting how he seeks guidance, embraces resilience, and conquers the challenges presented by a market downturn.
In this episode, you will be able to: * Walk through Corey Sperle's compelling journey in real estate investing, a mixture of challenges faced and broken barriers. * Decode the necessary elements of handling property management from afar and the power of a reliable team. * Encounter firsthand knowledge of maneuvering an economic downturn in a smaller community and its impact on real estate. * Acknowledge the invaluable role of thorough local market knowledge in shaping informed and profitable investment decisions. * Distinguish between different real estate investment strategies, scrutinizing their risks and potential rewards.
Cory is an investor based in Kelowna, British Columbia. Originally from Saskatchewan, his investment journey began with a fortunate house hack, introducing him to real estate wealth creation. He gained valuable experience in mid-sized markets like Edmonton and Saskatoon, focusing on adding value to multi-family properties.
His time in Saskatoon was challenging and taught him important lessons. After a successful period in Edmonton, where he had a capable team managing his multi-family assets, returning to his hometown brought unexpected difficulties. The city's economy suffered from the collapse of multiple industries, resulting in a high % vacancy rate of 20% throughout the city.
He struggled for three years, dealing with declining rents and increasing vacancies. His attempt to take advantage of a potential market upswing became difficult. This experience in Saskatoon sharply contrasted with his previous success in Edmonton, serving as a bitter reminder of the market's unpredictability and the significance of having a solid team to navigate economic downturns.
Connect with Cory:
Website: https://altynequities.com/ Multifamily Investing Naked Truth Podcast: https://www.youtube.com/channel/UCUsMUwpvcFFUhhho2F5S1jA Facebook: https://www.facebook.com/altynequities IG: https://www.instagram.com/corysperle/?hl=en
Have you been told to acquire as many properties as possible to scale your real estate portfolio and found yourself struggling to cover living expenses despite owning multiple properties?
Expanding your real estate portfolio may be enticing, but it's important to consider the potential financial strain it can place on your living expenses.
In this episode, you will be able to: * Discover the impact of mental expansion and disciplined risk-taking on real estate investing success. * Uncover the role of cash flow in achieving scalability and supporting living expenses. * Learn creative financing strategies for real estate acquisitions. * Find out how crucial bookkeeping and accounting are for scaling a real estate business. * Gain insight into establishing real estate lending credibility through social media and mentorship.
One individual who has established himself as a prominent figure in real estate portfolio management is Christian Szpilfogel. He is a real estate investor \with a unique perspective on harnessing cash flow and working capital to fuel business growth and financial stability.
During our conversation, he emphasized the need for disciplined decision-making and strong relationships with real estate professionals to identify investment opportunities. Christian employs conventional and creative financing strategies, using conventional financing for stable properties and customized financing for acquisitions.
Scaling the business involves a balanced approach, considering long-term and short-term opportunities, maintaining profitability and stability, and leveraging diverse financing options. Building a network and relationships with industry stakeholders is crucial. Christian's success stems from his well-defined criteria, creative thinking, and ability to uncover overlooked deals within boundaries.
His journey from the tech industry to full-time real estate investing is a testament to his ability to assess and manage risks effectively. Christian's background in management and his innate talent for strategic decision-making have been instrumental in his success.
Connect with and follow Christian:
Personal https://www.facebook.com/szpilfogel https://www.linkedin.com/in/szpilfogel https://www.instagram.com/cszpilfogel
Corporate: https://www.facebook.com/AliferousGroup/ https://www.instagram.com/aliferousproperties https://www.linkedin.com/company/aliferous-group Connect with me here: https://shebib.com/ https://www.facebook.com/shebib https://www.linkedin.com/in/chrisshebib/ https://twitter.com/chrisshebib https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
The growing demand for affordable housing and the need for additional income streams has led many homeowners to explore alternative investment opportunities. One such option that has gained significant traction recently is Accessory Dwelling Units (ADUs).
These secondary residential units, built on an existing property, offer many benefits, ranging from increased property value to additional rental income. For this episode, we will delve into the potential of ADU investing, focusing on the expertise and insights of Clinton Edwards, a prominent figure in the field.
In this episode, you will be able to: * Unearth the benefits of ADU investments for property owners and tenants. * Learn about the obstacles involved in ADU construction and permit acquisition. * Recognize the value of proactivity and adaptability in the dynamic real estate market. * Examine key design factors in ADUs and approaches for effective densification. * Understand the need for comprehensive planning, zoning adjustments, and foresight for potential disputes.
Clinton Edwards is a successful entrepreneur and talented designer with over a decade of experience in the real estate investment industry. He initially pursued an English and Cultural Studies degree but discovered his passion for design while working at a building center. With hands-on experience and a natural talent for CAD, Clinton has become an expert in the Durham region, specializing in helping investors create profitable ADUs and navigate the ever-changing landscape of ADU investing.
His expertise extends beyond design, as he also has a strong background in contracting, project management, and working with various municipalities. This diverse skill set allows him to bring knowledge and creative thinking to every project he undertakes.
Today, Clinton is recognized as a go-to expert for real estate investors looking to explore ADUs. By leveraging his expertise, Clinton helps investors maximize their returns and create functional living spaces for property owners and renters. His trailblazing approach and commitment to innovation have made him a valuable resource in the ADU investment market, not only in the Durham region but also in Toronto and other areas. Contact Clinton:
Website - https://www.homdesign.ca/
Facebook - https://www.facebook.com/homdraftinganddesign/
Instagram - https://www.instagram.com/hom_drafting/
LinkedIn - https://www.linkedin.com/in/hom-drafting-and-design-inc-ab8aa3189/
Connect with Chris Shebib here:
https://shebib.com/
https://www.facebook.com/https://www.facebook.com/shebib
https://www.linkedin.com/https://www.linkedin.com/in/chrisshebib/
https://twitter.com/chrisshebib
https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
As housing shortages continue to pose challenges in many regions in Canada, ADUs have emerged as a viable solution, providing affordable and sustainable housing options. These compact yet functional dwellings offer a practical response to the growing demand for housing, especially in urban areas with limited space.
In this episode, you will be able to: * Comprehend the challenges and rewards of constructing ADUs as a Canadian homeowner. * Master the use of AduSearch.ca for hassle-free navigation of zoning bylaws about ADUs. * Absorb Sarah Cipkar's wisdom on optimizing space and lighting in ADU designs. * Discover the streamlined ADU design approach with AduSearch's Adu Build Platform. * Envision the future of AduSearch.ca while advocating policies promoting ADU development.
Meet Sarah Cipkar, the incredible force behind Adu Search CA, a game-changing platform that removes the headache of building accessory dwelling units (ADUs) for Canadian homeowners. Sarah's journey began when she took matters into her own hands and constructed her very own 430-square-foot detached ADU. Little did she know that this personal project would ignite a passion and a mission to revolutionize how people approach ADU construction.
Sarah quickly realized there was a dire need for better information and support for homeowners embarking on the ADU building journey. Armed with her background in policy, she dedicated herself to filling this gap and making the process more accessible and less daunting for everyone involved.
Municipalities in Canada often impose restrictive zoning bylaws on ADU construction, despite the government's mandate to allow them. Sarah Cipkar's organization advocates for more consistent and supportive ADU policies, offering ADU Search CA as a platform to empower homeowners in navigating complex zoning regulations. Additionally, she plans to transform Adusearch.ca into Adubuild, a platform that will support homeowners throughout the development process, from locating an ADU to finding contractors and accessing financing.
Get in touch with Sarah
https://adusearch.ca/
https://www.instagram.com/cipkardevelopment/ https://www.facebook.com/adusearch https://www.linkedin.com/company/adusearch-ca/
Connect with Chris Shebib: https://shebib.com/ https://www.facebook.com/https://www.facebook.com/shebib https://www.linkedin.com/https://www.linkedin.com/in/chrisshebib/ https://www.youtube.com/https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Have you been told to just stick it out with a traditional lender, only to be left frustrated and stuck? Or are you a first-time homebuyer seeking guidance for long-term financial success? If you're a first-time homebuyer feeling overwhelmed and confused by the mortgage process, you're not alone.
In the ever-changing landscape of real estate, securing a favourable mortgage can be a daunting task. Borrowers often face numerous challenges, from navigating complex financial jargon to understanding the intricacies of loan terms and interest rates. In this dynamic market, having access to insider knowledge and expert guidance can significantly enhance your chances of securing the best mortgage deal.
In this episode, you will be able to: * Explore the benefits that set mortgage brokers apart from traditional lenders. * Delve into the common difficulties first-time homebuyers in Canada face and how to tackle them. * Recognize the crucial role a crystal-clear vision plays in achieving long-term success. * Discern the importance of willpower in reaching your goals and maintaining your drive. * Master the art of demystifying complicated mortgage industry topics for the benefit of clients.
Introducing Dion Beg, a seasoned mortgage broker and real estate enthusiast with a wealth of experience in international business and real estate investing. Originally from Fiji and Australia, Dion is now based in Canada, where he shares his knowledge and expertise to help others achieve financial independence through smart real estate investments.
With a focus on long-term planning and a deep understanding of the mortgage landscape, Dion is well-equipped to guide individuals in growing their wealth and securing their financial future. His ability to simplify complex information makes him an invaluable resource for those looking to navigate the real estate market and achieve their financial goals. With over 20 years of experience in the field, he is a trusted expert ready to assist and educate clients on the untapped potential of real estate investments. Benefits of Working with a Mortgage Advisor/Broker Using a mortgage broker instead of approaching a lender directly can be a smart choice for first-time homebuyers. Brokers secure the best deals, offer personalized assistance, and have access to a wide range of options from different institutions. They focus solely on mortgages, unlike bank employees, who handle multiple tasks. Mortgage brokers provide more choices, help clients view lending options from an investor's perspective, and charge fees only for unique situations requiring extra attention. Financial Freedom and Location Independence Financial freedom and location independence have become prominent aspirations in recent times, reflecting the desire for individuals to live life on their own terms. Dion Beg emphasizes the significance of attaining financial stability, time flexibility, and the ability to choose where to live and work. Using his own experience of running a business from different locations, including Barbados, he demonstrates that with the right mindset and dedication, it is possible to achieve long-term success and fulfill personal aspirations. Strategic Planning and Qualifying for Mortgages Long-term strategic planning is essential for qualifying for mortgages and achieving financial goals. By creating well-thought-out plans and focusing on the future, individuals can increase their chances of success in the mortgage market. This type of planning also helps homebuyers effectively manage their finances and make intelligent property investments for future returns. Beg emphasized the importance of maintaining a long-term outlook, setting goals for 5, 10, 15, or 30 years ahead. Additionally, he acknowledged the need for perseverance and a future-oriented mindset to overcome challenges in the current economic climate when investing in real estate.
The resources mentioned in this episode are: * Consider working with a mortgage broker instead of going directly to a lender for more choice and better pricing. * Plan for the long term when investing in real estate, thinking 5-10 years ahead or more. * Be aware of the current economic climate and its impact on interest rates and inflation. * Consider buying real estate for your children's future instead of investing in RESPs. * Don't assume that mortgage brokers always charge fees, as many do not. * Work with a financial planner who specializes in real estate investing to create a strategic plan. * Be willing to commit to a plan for the long term, rather than just a few years. * Explore different lenders and their guidelines when looking for financing. * Consider the benefits of investing in real estate, such as time and geographic freedom and the ability to build wealth over
Get in touch with Dion:
Website https://www.mortgagesbydion.com/
Facebook https://www.facebook.com/DionBegMortgageAgent
Instagram https://www.instagram.com/thedionbeg/
LinkedIn https://www.linkedin.com/in/dion-beg/
Connect with Chris Shebib: https://shebib.com/ https://www.facebook.com/https://www.facebook.com/shebib https://www.linkedin.com/https://www.linkedin.com/in/chrisshebib/ https://www.youtube.com/https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
From drowning in debt to achieving financial freedom in just eight years, Ann Wilson's journey to success had an unexpected twist that forced her to confront her deepest fears. What did she discover? The answer will surprise you. Ann, a resilient and tenacious woman, overcame a lifetime of financial anxiety and debt to achieve financial freedom through real estate and stock market investing, only to realize that the true barrier to achieving her dreams was not time or money, but fear and self-worth. Are you tired of following generic advice on building wealth and still not seeing results? It's time for a mindset shift and strategic action. Join us in this episode as we reveal the secrets to achieving lasting wealth through innovative value-driven solutions, diverse investments, and self-accountability. Say goodbye to the pain of following ineffective strategies and hello to living a financially prosperous life. In this episode, you will be able to: * Uncover secrets to obtaining assets, achieving financial abundance, and expanding your knowledge in wealth creation. * Discover the foundations of long-lasting wealth, from consistent efforts to innovative value-driven solutions. * Learn the art of crafting a prosperous life through diversification, managing cash flow, and taking responsibility for your finances. * Explore the importance of shifting your mindset to encompass self-compassion, self-awareness, and a strong sense of personal accountability. * Delve into result-oriented wealth-building strategies such as identifying market gaps, dominating the real estate market, and maintaining a sharp focus.
Now Ann Wilson is an accomplished wealth creation mentor with a truly global perspective. Having lived and invested in five different continents, Ann's insights into money management are both vast and diverse. Her background in civil engineering and her own journey to financial freedom has shaped her approach to wealth creation. Through her platform, thewealthchef.com, Ann teaches individuals about the importance of investing in assets and the path to lasting wealth. Her relatable experiences and unique viewpoint make her a sought-after mentor in the world of personal finance. The Five C's of Wealth Building Ann Wilson focuses on five key principles for successful wealth building – consistency, creativity, control, clarity, and choosing supportive contacts. These principles lay the foundation for lasting wealth generation and provide a roadmap for those looking to achieve financial abundance. They also serve as a reminder that wealth creation is a multifaceted process that involves both mindset shifts and strategic action. In the podcast, Ann shared how these principles have played an essential role in her own financial journey. She emphasized the need for consistency and creativity when it comes to wealth-building strategies, and the importance of control when investing in assets like real estate, and stressed the value of clarity in setting measurable financial goals. She also spoke about the significance of surrounding oneself with supportive individuals and mentors, as they can provide valuable guidance and encouragement throughout the wealth creation process. By incorporating these five C's, individuals can develop a strong foundation for lasting wealth creation and build an abundant life. Ann Wilson, also known as The Wealth Chef, is a best-selling author, speaker, entrepreneur and financial empowerment activist. She began her career as a civil engineer managing billion-dollar projects all over the world. Despite being “well educated” and having a well-paid job, Ann found herself challenged by her own financial illiteracy and a mountain of debt. Realizing there is a big difference between earning income and creating wealth, Ann began a journey to learn about money and investing and create her own financial freedom. Ann now lives a financially free life - one where she can choose to work or not and live the lifestyle she desires. Her mission is to empower others to do the same. In 2012, she founded The Wealth Chef, a successful online learning business that delivers dynamic training programs teaching people all over the world - from Africa to Australia, America to Europe - how to create and live a wealthy life. One hundred percent of the royalties from her best-selling book, The Wealth Chef, are donated to The Small Enterprise Foundation - a foundation dedicated to eradicating poverty by empowering women through microloans combined with financial literacy. As a captivating and inspiring speaker, Ann regularly addresses organizations about personal money leadership and creating wealth. She has been featured in The Sunday Times, The Sunday Express, Psychologies, Glamour, Cosmopolitan, The Huffington Post, and CNBC, among others. Connect with Ann Wilson Website https://thewealthchef.com/ Facebook https://www.facebook.com/TheWealthChef/ Instagram https://www.instagram.com/thewealthchef/ YouTube https://www.youtube.com/TheWealthChef LinkedIn https://www.linkedin.com/in/thewealthchef/ Connect with Chris Shebib: Website: https://shebib.com/ YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg Instagram: https://www.instagram.com/chris.shebib/ Facebook: https://www.facebook.com/shebib LinkedIn: https://www.linkedin.com/in/chrisshebib/ Loved this episode? Please leave us a review and rating.
When Natalie Cloutier and her husband decided to buy their first basement unit condo, they had no idea that this seemingly ordinary purchase would lead them to embark on an unexpected journey into the world of real estate investing. Through their own hard work and determination, they'd become successful house hackers - but not without learning some invaluable lessons along the way. In this episode, you will be able to: * Uncover clever techniques for entering the real estate market with house-hacking strategies. * Discover the power of auto construction loans in financing your dream home. * Recognize the significance of soil quality and zoning during land selection. * Learn how consistent fixtures and finishes can revolutionize your construction process. * Master the art of juggling work-life demands while skillfully growing your real estate business.
My special guest is Natalie Cloutier a skilled real estate investor who, along with her husband, has developed a unique house-hacking strategy that has helped them build their real estate portfolio. Starting with their own home, Natalie and her husband discovered the power of designing and building properties with secondary suites to create additional income streams. With a background in construction and guidance from her parents, Natalie has applied her knowledge and experience to successfully navigate the ever-changing real estate market. She is passionate about sharing her insights and helping aspiring investors find success in real estate. The resources mentioned in this episode are: * Look into house hacking as a starting point for real estate investment, especially with affordability getting tighter. * Research the market to find the right balance between high value and high costs, ensuring a viable investment. * Ensure the land you're purchasing is already zoned for your intended construction to avoid complications with the bank. * Look for lots with the right services in place, such as gas, hydro, and water, to avoid the risks of starting a development from scratch. * Check the soil quality of the lot to ensure it won't significantly increase the cost of installing a septic system. * Always include conditions when making an offer to purchase a property, even during competitive markets, to reduce risk.
Connect with Natalie Cloutier Facebook https://www.facebook.com/natalie.lalonde.9 Instagram https://www.instagram.com/thenewbuildcouple Connect with Chris Shebib: Website: https://shebib.com/ YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg Instagram: https://www.instagram.com/chris.shebib/ Facebook: https://www.facebook.com/shebib LinkedIn: https://www.linkedin.com/in/chrisshebib/ Loved this episode? Please leave us a review and rating.
After quitting his tech job and even spending 3 months travelling around the US, Kellan James has still managed to scale his real estate portfolio to 83 doors in London, Ontario. What is even more amazing is that he has done all this with no partners and his own money in only 7 years. Kellan has been using the principles of BRRing, living frugally, and carefully managing debt to make his real estate investing dreams a reality. More recently though his strategy for managing and acquiring property is critically in question because of interest rate shifts. Tune in to the full episode to hear how he has tackled this challenge. In this episode, you will be able to: * Uncover the potential of achieving financial freedom by mastering the BRRRR real estate method. * Realize the significance of strategic planning, focus, and discipline in smart investing. * Discover the benefits of conventional financing models and credit unions in accelerating growth. * Learn the essentials of building strong relationships for thriving in the real estate industry. * Appreciate the value of mentorship and unbiased advice on your investment journey.
My special guest is Kellan James a successful real estate investor and entrepreneur, who has built an impressive portfolio of 83 units in London, Ontario, with no partners. Starting his journey in 2016, Kellan has achieved financial independence through strategic investing and a focus on long-term rentals. With a passion for financial freedom and a keen understanding of the importance of strong relationships, Kellan has become an expert in the buy, renovate, rent, and refinance (BRRR) strategy. His ability to adapt and maintain a frugal lifestyle has allowed him to scale his investments quickly while maintaining full control of his assets. The resources mentioned in this episode are: * Visit the BiggerPockets website and set an alert for your local city to connect with other real estate investors in your area. * Focus on the basics of real estate investing, such as the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. * Consider scaling your investment portfolio without partners to retain full control and maximize profits. * Be cautious of over-leveraging and borrowing too much for down payments to avoid financial risks. * Join or create meetup groups to network with other like-minded real estate investors. * Implement frugal living habits to save money towards down payments for investment properties. * Consider investing in larger multifamily properties to increase cash flow and grow your portfolio. * Keep an eye on interest rates and adjust your investment strategy accordingly to maintain a safe financial position. * Continuously educate yourself on real estate investing through podcasts, books, and online resources. * If interested in coaching, consider reaching out to Kellan James for guidance and advice on real estate investing strategies.
Connect with Kellan James Website: https://www.kellanjames.ca/ Facebook https://www.facebook.com/official.kellan.james Instagram https://www.instagram.com/kellan.james/ LinkedIn https://www.linkedin.com/in/kellanpaniccia/ YouTube https://www.youtube.com/@KellanJames/ Connect with Chris Shebib: Website: https://shebib.com/ YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg Instagram: https://www.instagram.com/chris.shebib/ Facebook: https://www.facebook.com/shebib LinkedIn: https://www.linkedin.com/in/chrisshebib/ Loved this episode? Please leave us a review and rating.
When it comes to handling tenants, there are a few different ways that you can go about it. You can try to do it yourself, or you can hire a professional to help you. There are pros and cons to both options, and it really depends on your individual situation as to which one is best for you. Ultimately, the decision of whether or not to hire a professional to help you with tenant issues is up to you but before you do listen to this conversation with Andrew Choubeta. He is a paralegal offering services across all of Ontario. We cover a lot of ground in this episode, and this is one of the most important areas of expertise and knowledge and learning curves to tackle for investors. Mistakes can cost thousands of dollars. Some of the topics we discuss; * what if your tenant stops paying rent? * some fringe cases and the critical paths to success. * how to set up the relationship, the lease, and your team, including property managers, paralegals, leases, and addendums * making sure that it's set up to be a win-win engagement. * what do you do if it becomes not a win-win anymore?
For beginner, intermediate, and advanced investors, everybody needs to have this area of their investing business understood and in the best shape, they possibly can. Connect with Andrew Choubeta - Free 30-minute consultation https://caveatlegalservices.cliogrow.com/book https://choubetalegalservices.com/ Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: Perfecting Systems and Better Branding = Maximum Cash Flow https://www.thehiddenupside.com/episode15 How Other People’s Money Builds Your Wealth https://www.thehiddenupside.com/episode14 Take Action: Shoot the Puck More Than Others https://www.thehiddenupside.com/episode13
Doug and Brianne Hamilton, are successful real estate investors. The couple discusses how they got started in real estate investing, how they have juggled full-time jobs and raising children while also growing their portfolio, and the different strategies they have used to finance their investments. They share advice for other investors who are looking to achieve similar success. The Hamiltons started their real estate business by buying a duplex and doing much of the work themselves. They then slowly added more properties and began focusing on vacation rentals and short-term rentals. They have found that they are good at running a property management business and have grown their business to include other people's properties. This company offers property management and tenant placement services. They have a great reputation and offer their services for a reasonable price. In addition, they also have a short-term rental business that is doing very well. They are constantly marketing and advertising their properties to make sure that they are getting the most exposure possible. The Hamiltons decided to branch out into the short-term rental market in order to increase their cash flow. They saw an opportunity to buy properties in good vacation rental areas at decent prices during the Covid pandemic. They are using their experience as travelers to provide a good experience for their guests. They also discuss how they have used private lending and other financing methods to fund their real estate investments. They talk about how they found opportunities to do this through networking and how they were able to structure a deal where they are cash flowing on the property. Connect with Doug and Brianne www.junctionhouseproperties.com www.junctionhousegetaways.com Instagram: https://www.instagram.com/junctionhouseproperties/ https://www.instagram.com/junctionhousegetaways/ Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: How Other People’s Money Builds Your Wealth https://www.thehiddenupside.com/episode14 Take Action: Shoot the Puck More Than Others https://www.thehiddenupside.com/episode13 Lessons from Doing it all Yourself. And Then Not. https://www.thehiddenupside.com/episode12/
Dave Dupuis shares their journey in real estate and the various strategies they use to be successful. He also talks about the importance of mindset and raising capital. Dave describes how he became interested in real estate and met his partner Mel, who was already further ahead in investing. Dave talks about their first investment property together and how they found their first tenant a man named George. Although George seemed like the perfect tenant, Dave was initially scared that something would go wrong. However, they ended up renting to him for several years and it turned out to be a great experience. They then went on to purchase three more properties. In 2016, they read the book "Rich Dad Poor Dad" which changed their perspective on money and led them to purchase three more properties. Then a car crash changed Mel and Dave’s perspective on wealth and life. The crash made them realize that they needed to think differently and bigger in order to achieve their goals. It made them realize that they needed to unshackle themselves from their scarcity mindset in order to truly succeed. They started out investing in 12 properties in 12 months, and then shifted their focus to larger apartment buildings. By 2018, they had 72 units and decided to set up a property management company to manage them. This allowed them to scale their business even further but it became less enjoyable. In business, there comes a point where the methods that used to work no longer do, and this can be a difficult realization. Hiring someone to help with the workload is a major milestone, but it is necessary in order to continue growing. This shift happens at all stages of business growth. Creative financing can be a fun and interesting way to fund a business venture. There are many different options available, and each deal will be different. The key is to put together the right pieces to make the deal work. In this episode featuring Dave Dupuis, we cover: 1. Why they still went to a conference right after the car crash. 2. How managing almost 400 doors was unenjoyable and unsustainable. 3. Building wealth through seller financing and other people’s money. Connect with Investor Mel and Dave Website: https://investormeldave.com/ YouTube: https://www.youtube.com/channel/UC-tZnYKP3Klse6plRKKBVOw Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: Take Action: Shoot the Puck More Than Others https://www.thehiddenupside.com/episode13 Lessons from Doing it all Yourself. And Then Not. https://www.thehiddenupside.com/episode12/ Pivoting for the Times and Getting Creative https://www.thehiddenupside.com/episode11/
When Russell Westcott, an aspiring athlete, is confronted with the stark reality of his future job prospects, he embarks on a journey to learn the skills of sales, marketing, and leadership in order to pivot his career and follow his passion. "Learn a skill set and the world will be your oyster to go whatever direction you want to go." Russell Westcott is an OG in real estate investing in Canada and a renowned author and mentor. He has decades of experience in investing, raising capital, teaching, and consulting, and he currently invests in Alberta with impressive returns on infill developments. Russell Westcott was an aspiring athlete of the year in high school, but his grades weren't high enough to get into college for commerce. He retook several classes through hard work and determination and graduated with a 95 average. His gym teacher challenged him to compare the student and teacher parking lots and this lesson changed Russell's life by inspiring him to pursue a career other than teaching. Russell decided to learn the skill set of sales, marketing, and communication. With the help of mentors and coaches, he worked his way up to becoming a successful businessman and author. His story is a testament to the power of mentorship, inspiring others to take action and reach for their goals. In this episode, you will learn the following: 1. How one conversation informed an early pivot in career direction for Russell Westcott. 2. The importance of learning a skill set such as sales, marketing, and communication to achieve success. 3. The five things that will stop most people from achieving their goals. Tune in here https://www.thehiddenupside.com/ or wherever you listen to podcasts. Connect with Russell Westcott https://russellwestcott.com/ Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: Lessons from Doing it all Yourself. And Then Not. https://www.thehiddenupside.com/episode12/ Pivoting for the Times and Getting Creative https://www.thehiddenupside.com/episode11/ Having the Courage to Leave It Behind https://www.thehiddenupside.com/10
In this episode of The Hidden Upside, Chris Shebib interviews Andrew Hines about his journey through real estate investing and entrepreneurship. Andrew talks about some of the forcing factors around scaling and shares information about his current focus on three main businesses: townhouse development, a glamping campground, and media and podcasting. Andrew talks about his journey from teaching entrepreneurship at Ivey Business School to becoming a mortgage broker and real estate investor. He shares how he got into renovating student rentals and how it was lucrative for him. He then talks about how he pivoted into running his own construction company and developing townhouses and single-family homes. In his first real estate investment endeavour, Andrew Hines learned the importance of not trusting people blindly and of having systems in place to prevent small mistakes from snowballing into larger problems. He also learned the value of keeping an eye on his investments, whether they be local or remote. In the interview, Andrew Hines discusses his experience working as a contractor. He talks about how most of his work was simply making calls to the next person on the list. He also talks about how, when someone didn't work out, he would just call the next person. He notes that he made some great contacts on his first project that have followed him through to today. He also talks about his current development projects in Sarnia, Florida, and his campground business. Andrew discusses the importance of outsourcing and hiring employees to help with the various businesses and how he has learned to delegate and create systems to take himself out of the equation, and how this has helped him to spend more time with his son. This episode discusses the idea that major life changes can be a catalyst for positive change. It also stresses the importance of taking responsibility for one's own decisions and being accountable for the outcomes. Tune in here https://www.thehiddenupside.com/ or wherever you listen to podcasts. In case you missed it; Pivoting for the Times and Getting Creative with Sarah Larbi - https://www.thehiddenupside.com/episode11/ Having the Courage to Leave it Behind with Natasha Cultrao - https://www.thehiddenupside.com/episode10 Down on the Farm: Rural Investing and Diversifying with Candice Bakx-Friesen https://www.thehiddenupside.com/episode09
Sarah Larbi shares her journey from a corporate employee to real estate investor, detailing how she became obsessed with the idea of financial freedom. She explains that she started investing in 2013 after doing extensive research online and that she focuses on work-life balance in her current development projects. Sarah Larbi started with a buy-and-hold rental property, which she found by looking for the cheapest house she could afford. They did some minor cosmetic renovations and then rented it out to her husband's sister. However, they quickly learned that this was not a good idea, as she was a very difficult tenant. Chris and Sarah discuss the importance of having a plan and a target when investing in property, and how to find good tenants. They also talk about how the market for rental properties has changed in recent years. Sarah reflects on their journey as an entrepreneur and how they have had to manage their time and commitments. They suggest that planning and prioritizing are key to maintaining a healthy work-life balance and that saying no to some opportunities is necessary in order to focus on what is important. She describes how she built up her rental property portfolio over seven years, eventually owning 15 properties, half of which were short-term or mid-term rentals. She credits the success of her investments to a mix of appreciation and cash flow from the short-term rentals. She talks about how her dedication to her job made it difficult to dedicate time to her business, but she eventually realized that she could make the jump and leave her job to grow her business full-time. A self-labeled serial entrepreneur, Sarah describes how she enjoys and is passionate about real estate, and how she loves creating something unique. She also talks about how, after hitting a point where she needed to rejuvenate and refocus, she identified new opportunities and let them evolve and grow. Get in touch with Sarah Larbi: Website: www.sarahlarbi.com Mid-Term Rentals: www.midtermrentalproperties.com Inspire Beach Resort: www.inspirebeachresort.com Email: sarah@sarahlarbi.com Instagram: @investorsarahlarbi Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: Having the Courage to Leave It Behind https://www.thehiddenupside.com/10 Down on the Farm: Rural Investing and Diversifying https://www.thehiddenupside.com/9 How to be the CEO of Your Real Estate Business https://www.thehiddenupside.com/8
Natasha Cultrao is a real estate investor and owner of a property management company. She and her husband recently moved to Costa Rica to do more investing and change their lives. Natasha shares some valuable insights into the connection between business and personal success, and how past challenges have helped her to approach current challenges in a more positive way. In 2006, Natasha and her husband bought a duplex in Vancouver for $184,000. They rented out the basement and used the income to help make the mortgage payments. In 2011, they decided to move again and Natasha got into property management. She discusses their experience of buying cheap properties and renovating them in order to make a profit. They also talk about how they started their own property management business in order to have more flexibility in their life. The conversation also touches on the trend of motivation through proximity to immigration, and how this can be a factor for entrepreneurs. It discusses a trend of intergenerational fuel and motivation to leverage opportunities and find different paths, as exemplified by the move to Costa Rica. They found that it was a lot harder than they thought it would be, but they eventually made it work. This story is about overcoming fear and making a big life change. Natasha says that in Costa Rica when they turn off their computer at work, they are able to completely relax and enjoy their free time, whereas in Canada they find themselves still thinking about work even when they're not at the office. Tune in for a fascinating conversation around investing, life, and having the courage to leave it all behind Get in touch with Natasha Cultraro: Website: www.icpmpros.com Email: natasha@icpmpros.com Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: Down on the Farm: Rural Investing and Diversifying https://www.thehiddenupside.com/8 How to be the CEO of Your Real Estate Business https://www.thehiddenupside.com/8 Stay the Course, But Being Prepared to Pivot https://www.thehiddenupside.com/7
In this podcast episode, Candice Bakx-Friesen shares her early influences, values, and principles that have helped her become the investor she is today. You'll learn the influences and decisions that shaped her life: * How Candice's grandparents' experiences as refugees after World War II shaped her values and principles * Her husband's early real estate investments started their journey. * Balancing family life with their business journey while raising four children.
Candice Bakx-Friesen, an investor from Winnipeg, has been successfully diversifying and investing in rural areas for over 20 years. With her experience and expertise, she shares her early influences, values, and principles that have helped her become the investor she is today. Candice provides insight into how to take risks, how to manage adversity, and how to build a legacy for future generations. By focusing on gratitude and encouraging her children to explore their passions, Candice has created an inspiring and hopeful story. Join us as we dive into Candice’s story and uncover the hidden upside of real estate investing Here are the steps you need to follow to also get financial success.: 1. Instill a strong work ethic and entrepreneurial attitude. 2. Listen to advice from previous generations. 3. Immerse yourself in adversity and struggle to build resilience. 4. Lower expectations to allow more room for gratitude and appreciation. 5. Dialogue with a partner about investing and take the first step. 6. Use private money to finance the investment. 7. Utilize help from family and friends.
Connect with Candice Bakx-Friesen: * Websites: https://www.candicebakxfriesen.com http://www.investorsmarts.ca
Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: How to be the CEO of Your Real Estate Business https://www.thehiddenupside.com/8 Stay the Course, But Being Prepared to Pivot https://www.thehiddenupside.com/7 Face Obstacles, Make Decisions. Move On. https://www.thehiddenupside.com/6
In this podcast episode, Brian Pulis reflects on his journey as a real estate investor and how he has navigated through challenging times to create a successful business. In this episode, you will learn: 1. How Brian Pulis took his real estate investing business from small beginnings to a large, successful enterprise 2. The importance of having a strong work ethic in order to be successful in business 3. How the exempt market dealer (EMD) framework can be used to raise capital for a real estate investing business Brian Pulis, a successful entrepreneur, and real estate investor has taken his business to the next level. A self-taught investor, Brian credits his success to his hard work ethic and determination. After recognizing the potential of private equity investments, Brian began his journey to establish his own fund structure and raise capital. With the support of his team, Brian was able to create a successful business that has since grown into an impressive office. Brian shares his advice on how to thrive in today's market and offers insight into running a business as a CEO. Listen in to uncover honest talk about real estate life lessons and mindset with Brian Pulis. Why is it important for real estate investors to maximize their success as a CEO? * Real estate investors must maximize their success as a CEO in order to maximize their profits. * Business owners must maximize their success as a CEO in order to maintain a competitive edge in the market. * Success as a CEO will also enable the business to secure more favourable terms with suppliers, which can help to reduce costs and increase profit margins.
Here are the steps you need to follow: 1. Building a strong work ethic is essential to achieving growth, success, and profitability. 2. Creating a marketing strategy and utilizing Exempt Market Dealers (EMDs) are valuable resources when raising capital. 3. It is important to understand and abide by the regulations, rules, and standards set by the securities commission when working with investors. To hear Part 1 of our conversation with Brian, There is No Perfect Business, Stop Looking for It, listen here https://www.thehiddenupside.com/episode01/ Connect with Brian Pulis: * Website: https://pulisinvestments.com/ * Email: brian@pulisinvestments.com
Connect with Chris Shebib: * Website: https://shebib.com/ * YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg * Instagram: https://www.instagram.com/chris.shebib/ * Facebook: https://www.facebook.com/shebib * LinkedIn: https://www.linkedin.com/in/chrisshebib/
Loved this episode? Please leave us a review and rating. Other episodes you'll enjoy: Stay the Course, But Being Prepared to Pivot https://www.thehiddenupside.com/7 Face Obstacles, Make Decisions. Move On. https://www.thehiddenupside.com/6 Stop Second Guessing and Use the Tracks Already There with Gillian Irving https://www.thehiddenupside.com/5
Are you a real estate investor looking for a way to achieve financial success? Have you been told to implement traditional strategies that just don't seem to be working? If you're tired of investing your time and energy into activities that don't yield the results you want, then this episode is for you. Brooke Shang is an immigrant to Canada who has built a successful real estate investing business. She draws inspiration from her parents' experiences escaping from China to Taiwan and has used real estate as a way to build wealth for her family. Brooke shares her story of transitioning from Taiwan to Canada and her unique journey in life, business and real estate. She explains how her parents escaped from China to Taiwan and the importance of education and real estate in their lives. Brooke experienced the opportunity to visit China in the late 80s and the extreme measures people took to show wealth. This inspired her to enter real estate investing. She shares her experience of transitioning from stay-at-home mom to going back to the corporate world and eventually RTOs and Duplexing. She is now gradually steering away from that and focusing mainly on private lending. "Life with that struggle is not a good thing. Right. Like, careful what you wish for."
In this episode, you will learn the following:
- How did Brooke Shang's family escape from China to Taiwan?
- What inspired Brooke to transition from being a stay-at-home mom to a real estate investor?
- How has private lending become the main focus of Brooke's real estate investing?
Resources:
Connect with Brooke Shang
Facebook: https://www.facebook.com/brooke.shang/
LinkedIn: https://www.linkedin.com/in/brooke-shang-90294b86/
Book - Financial Freedom, The Royal Way
https://www.amazon.ca/FINANCIAL-FREEDOM-ROYAL-WAY-Commandments/dp/1772773891
Connect with Chris Shebib:
Instagram: https://www.instagram.com/chris.shebib/
Facebook: https://www.facebook.com/shebib
YouTube: https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
LinkedIn: https://www.linkedin.com/in/chrisshebib/
Website: https://shebib.com/
Loved this episode? Please leave us a review and rating.
Other episodes you'll enjoy:
Face Obstacles, Make Decisions. Move On.
https://www.thehiddenupside.com/6
Stop Second Guessing and Use the Tracks Already There with Gillian Irving
https://www.thehiddenupside.com/5
How Adversity Helps You Navigate Life and Business Better with Julie Broad
https://www.thehiddenupside.com/4
Tim Collins shares 3 tips to help you overcome obstacles and make decisions. Tim is a former corporate executive and successful real estate investor. He knows what it takes to make tough decisions and overcome obstacles. Tim outlines how he did it in detail so you can too.
"The thing that makes you the most money won't necessarily help you have the most mental health and peace of mind."
In this conversation, you'll hear from Tim as he shares his journey from the corporate world to real estate investing, and how he found success by capitalizing on opportunities and dropping what didn't work. You'll also hear how his transition from the corporate world to real estate investing helped him find more balance in his life and improved his mental health.
In this episode, you will learn the following:
- Tim's journey from corporate executive to successful real estate investor, stock trader, and realtor.
- The underlying principles and foundational building blocks that have allowed Tim to navigate through different things, capitalize on success where he can find it, and drop those things that didn't work so well.
- Tim's advice for those feeling anxiety or depression, which is to change your life in order to fix the problem.
Why is it important to be motivated to face obstacles and make decisions?
Overcoming obstacles and making tough decisions are essential for anyone who wants to be successful in business. Whether you're a corporate executive, a real estate investor, or a stock trader, you have to be willing to take on some risk and make difficult decisions. But if you're motivated by the desire to achieve your goals, you can make the changes you need to make to be successful.
For corporate executives, the primary motivation for facing obstacles and making decisions is the desire to achieve success for their company. They want to see their business grow and thrive, and they are willing to do whatever it takes to make that happen. This includes making tough decisions, even when there may be some risk involved.
For real estate investors, the motivation for facing obstacles and making decisions is often financial. They want to make money from their investments, and they are willing to take on some risk in order to achieve that goal. They are also motivated by the challenge of finding and investing in good properties.
For stock traders, the primary motivation for facing obstacles and making decisions is typically to make money. They are willing to take on some risk in order to achieve their financial goals. They are also motivated by the challenge of finding and trading good stocks.
For realtors, the motivation for facing obstacles and making decisions is often to help their clients find the best possible property. They want to see their clients happy and satisfied, and they are willing to do whatever it takes to make that happen. This includes dealing with difficult situations and making tough decisions.
Here are the steps you need to follow:
- You can change your life if you don't like the way it is currently.
- You have to be willing to have difficult conversations with yourself and others.
- You can't always expect quick solutions to problems.
1. You can change your life if you don't like the way it is currently.
If you want to change your life, the first step is to recognize that you have the power to do so. This may seem like a simple or obvious step, but it is an important one nonetheless. Once you realize that you have the ability to change your life for the better, you can begin to take the necessary steps to make those changes. This may involve making some tough decisions, but it is important to remember that you are in control of your life and you have the power to make the changes you want to see.
If you're not happy with the way your life is, it's up to you to change it. You are the only one who has the power to make the necessary changes, so it's important to take control of your life and make the changes you want to see. This may require some tough choices, but remember that you're the one in charge of your life and you have the power to make the changes you desire. With that power comes great responsibility, but also the potential for a great and fulfilling life. So if you're ready to make some changes, don't be afraid to take that first step.
- You have to be willing to have difficult conversations with yourself and others.
In order to be successful in real estate investing, you have to be willing to have difficult conversations with yourself and others. This means being honest with yourself about your goals and what you're willing to sacrifice in order to achieve them. It also means being willing to have tough conversations with others, whether that's your partner, your boss, or your joint venture partners. This can be a difficult thing to do, but it's essential.
If you're not willing to have difficult conversations, you'll never be successful in real estate investing. You have to be honest with yourself about your goals and what you're willing to sacrifice in order to achieve them. This means being willing to have tough conversations with others, whether that's your partner, your boss, or your joint venture partners. This can be a difficult thing to do, but it's essential if you want to achieve your goals. You also have to be willing to listen to difficult feedback from others.
This feedback can be painful to hear, but it's often necessary in order to help you improve. If you're not willing to listen to feedback, you'll never be able to improve and reach your full potential. If you're not willing to have difficult conversations and listen to difficult feedback, you'll never be successful in real estate investing. But if you're willing to do both of these things, you'll be well on your way to achieving your goals.
- You can't always expect quick solutions to problems.
In order to make the transition from corporate to real estate investing, Tim had to make some tough decisions. He had to sell his house, move his family, and start over in a new place. He also had to have some tough conversations with himself about his spending and his lifestyle. But in the end, these tough decisions paid off. Tim is now a successful real estate investor, stock trader, and Realtor.
If you're facing a similar situation to Tim, don't expect a quick fix. Making the switch to real estate investing takes time, effort, and patience. But if you're willing to put in the work, it can be an extremely rewarding experience. Here are a few things to keep in mind if you're thinking of making the switch to real estate investing:
- Do your research. Tim's success story is proof that real estate investing can be profitable, but it's not a get-rich-quick scheme. Before you make any decisions, take the time to learn about the ins and outs of the industry.
- Have a plan. Once you've done your research, it's time to start planning your transition. Think about your goals, your budget, and your timeline. Having a clear plan will help you stay on track and make the most of your real estate investing journey.
- Be prepared for setbacks. Making a major life change like switching to real estate investing can be tough. There will be challenges along the way, so it's important to be prepared for setbacks. Don't get discouraged if things don't go according to plan. Just keep moving forward and remember why you made the switch in the first place.
I’d love to hear how you apply to get financial independence.. Leave me a comment on how it went for you or drop any questions you want me to answer!
Resources:
Connect with Tim Collins
Real Estate: https://linktr.ee/timcol
Facebook: https://www.facebook.com/timjpcollins
Instagram: https://www.instagram.com/timjpcollins/
YouTube: https://www.youtube.com/channel/UC3EG0c-CQQhxNc6mbJfXjzA/
Anxiety Podcast: https://linktr.ee/theanxietypodcast
Connect with Chris Shebib:
Instagram: https://www.instagram.com/chris.shebib/
Facebook: https://www.facebook.com/shebib
YouTube: https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
LinkedIn: https://www.linkedin.com/in/chrisshebib/
Website: https://shebib.com/
Loved this episode? Please leave us a review and rating.
Other episodes you'll enjoy:
Stop Second Guessing and Use the Tracks Already There with Gillian Irving
https://www.thehiddenupside.com/5
How Adversity Helps You Navigate Life and Business Better with Julie Broad
https://www.thehiddenupside.com/4
Never Ever EVER Give Up with Quentin D’Souza
https://www.thehiddenupside.com/3
If you're looking for success, efficiency, and scalability in your business and investing pursuits, then you need to check out this episode. Gillian Irving shares her recipe for diversifying and juggling multiple entrepreneurial activities successfully, including finding the right people and frameworks to follow,
In this episode you will learn:
- How Gillian Irving juggles as many entrepreneurial activities as she does
- The recipe for success that she follows
- A very personal aspect of her life that she attributes to her success
"For me, the willingness and the desire to invest in a franchise made great sense. I could leverage my skills in certain areas, and then leverage the things I didn't know were something that existed already."
Gillian Irving provides listeners with an inside look at the advantages of franchising and how it can be used to ease into a new business venture. She also touches on her personal experience with franchising, including why she chose to franchise Sky Zone and how it has helped her grow as an entrepreneur.
Gillian Irving is a real estate investor and entrepreneur who knows the value of diversification and being nimble in today's market. She shares her insights on how to juggle multiple businesses successfully, why student rentals are a great investment, and how to use others' paths to success.
Here are the steps you need to follow:
- Finding the right people and frameworks to follow
- Being willing to take risks
- Focusing on one's strengths
Gillian Irving, a mother of four, likes to say she was an “accidental investor” when buying a duplex in downtown Toronto in 2009 with little planning or preparation.
But she realized ‘luck’ was not going to be a long-term strategy so she
became a serious student of real estate investing and combined what she learned with her professional skills as a market research analyst to purchase 35 doors in Southern Ontario in 18 months.
Today, Gillian is a full-time investor, mortgage agent and entrepreneur, focused on student rental investing with joint venture partners, creating passive and long-term income to care for the future expenses of her son.
In the past, she co-owned a franchise and now also invests in stocks and cryptocurrency. In her spare time, Gillian is an avid runner and has an interest in health and life optimization.
Connect with Gillian Irving:
Website: https://investinstudentrentals.com/
LinkedIn: https://www.linkedin.com/in/gillian-irving/
Facebook: https://www.facebook.com/gillian.irving.79
Connect with Chris Shebib:
Instagram: https://www.instagram.com/chris.shebib/
Facebook: https://www.facebook.com/shebib
YouTube: https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
LinkedIn: https://www.linkedin.com/in/chrisshebib/
Website: https://shebib.com/
Other episodes you'll enjoy:
How Adversity Helps You Navigate Life and Business Better with Julie Broad
https://www.thehiddenupside.com/4
Never Ever EVER Give Up with Quentin D’Souza
https://www.thehiddenupside.com/3
Turning the Fear Into Fuel with Dalia Barsoum
https://www.thehiddenupside.com/2
Loved this episode? Please leave us a review and rating.
Chapter Summaries:
[00:00:00] - Gillian Irving is a friend, a fellow entrepreneur and real estate investor. She talks about real estate investing, franchise, entrepreneurship, philanthropic activities, stock and crypto investing and talks about a recipe to be able to diversify and juggle as many entrepreneurial activities as she does.
[00:02:29] - Real estate investor is dipping her toe into the short-term rental space. She's got a great rental in downtown Toronto and is looking at buying a four-season cottage rental this week. Her mortgage is up for renewal in March, so she's going to do an Airbnb.
[00:05:30] - There's a shortage of student rentals. So many investors sold their properties during the pandemic, and the trend in parenting styles might be factoring in to make renting a student a lot easier and easier over time. The only tricky part about student rentals remains the financing. They are stable investments despite their terrible reputation.
[00:09:55] - Now Gillian’s into a different business. It's business in a box where the hard, heavy-lifting thinking stuff is done for you. You don't have to think about everything. You can borrow lessons from successful people.
[00:17:46] - It took four years to find the right location and build it out. The soft opening was in July of maybe 2015. The building was an old toilet paper factory it was 28000 to 30000 square feet. It was sold just before the Pandemic.
[00:18:47] - Julie Broad helped Gillian to develop a business model for investing in student rentals. Gillian and her husband bought a house in 2009 without any real estate plan. She got real estate investing training in 2013 or 14. Gillian used the same system Julie used.
[00:20:44] - In 2000 she bought Bitcoin at $10000 and then he bought Ethereum at $300 us. In 2015 she co-ran Sky Zone.
[00:27:06] - Gillian Irving started a charity, and it's fed hundreds of families. It's evolved into a hot lunch program that helps kids all year round. There are more volunteers than there are spots needed.
[00:31:27] - Before the pandemic, she used to drink a lot. Now she's almost at a thousand days without alcohol. She did a couch to five-kilometre running program and a 75 km running program. She ran a marathon in the spring and a half marathon on Sunday. She listens to Andrew Huberman's podcast.
[00:35:08] - Gillian ran a 26-mile race. She didn't get the time she wanted. She trained in the winter and she ran Ottawa in super hot conditions. She is not naturally optimistic, and she has to fight against her natural inclinations to be negative.
[00:38:41] - Dylan was born with a congenital brain injury. He's legally blind and we were told he might not walk or talk. His mother read a book called ”what to do about your brain and your Child“ in the Sick Kids Library. Dylan started to get better and started walking and speaking.
[00:45:19] - He is now six feet three inches tall. He's at school and he's talking about all sorts of stuff.
[00:53:03] - There are inflection points in life when a person needs to make a change and finds a solution to a problem. The inflection point is something that is one of the biggest foundational pieces of how we operate today. It's the hard stuff that makes you look for the differences and find the answers.
[00:55:06] - Dylan is 18. He's at school. He plays hockey, and downhill skis with his dad and is funny, smart and has lots to say about a lot of different things. He's a wonderful boy. He's an incredible guy compared to what we thought was going to be the outcome.
[00:56:03] - Gillian works with real estate partners. She might have another business in the future. She follows Warren Buffett's successful recipe for success: Find a recipe that works and capitalize on it.
Julie Broad went from working in corporate to becoming a real estate investing mogul and self-publishing powerhouse.
In this episode, you will learn:
- How Julie's journey led her to become a self-published author and publisher, and how that transition has helped her business grow
- The importance of authenticity and being careful about what you build in your business
- How Julie's move to the United States has helped her business thrive
Julie Broad was working in corporate when she realized that she wanted more out of life than just a job. She read Rich Dad, Poor Dad and it sparked an interest in real estate investing. She started investing in properties and in 2008, she hit a moment where she realized she couldn't create the way she wanted to at her current company, so she quit and went full-time into real estate.
She launched an education company to teach others about real estate investing. This led her down the self-publishing path when her book was rejected by a publishing company. She made way more money self-publishing and her book did really well. This led her to the United States where she started a self-publishing company.
Julie Broad, the founder of self-publishing services firm Book Launchers and an Amazon Overall #1 Best Selling Author, knows what it takes to successfully self-publish a book. Her popular YouTube channel, BookLaunchers.TV, embodies the hashtag of #noboringbooks helping nonfiction authors write and market books people want to read.
Julie’s own book titles include More than Cashflow, which topped Amazon, The New Brand You, and her most recent book, Self-Publish & Succeed. A recognized real estate investor, successful entrepreneur, and notable speaker, Julie also received the Top 20 under 40 Award for her business and community contributions. She’s been speaking on stages across Canada and the US since 2009, sharing her strategies to write a book that builds your business and has more impact and influence with your brand.
An expert on writing a book with marketing in mind, Julie teaches the best approaches to get results, make an impact, and ultimately, make more money. Julie always leaves people inspired, excited, and with clear steps to take action immediately. Her advice for authors and investors has been featured in Forbes, Entrepreneur.com, Yahoo! Business, CTV, the Toronto Sun, Medium.com and many local and national TV shows.
Resources:
Connect with Julie Broad
Website: https://booklaunchers.com/
LinkedIn: https://www.linkedin.com/in/juliebroad/
Facebook: https://www.facebook.com/booklaunchers
Twitter: https://twitter.com/BookLaunchers
YouTube: https://www.youtube.com/channel/UCKx1lFOj7qGseYruGokKVjg
Connect with Chris Shebib:
Website: https://shebib.com/
YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
Instagram: https://www.instagram.com/chris.shebib/
Facebook: https://www.facebook.com/shebib
LinkedIn: https://www.linkedin.com/in/chrisshebib/
Real estate is said to be simple, but not easy. Wealth creation in this context encompasses all other investment vehicles, but it also comes with challenges that will test your character.
As you strive for greater success in this business, you need to step up your game and do things differently, personally and professionally.
How do you find the drive to do things consistently, always push yourself to succeed, and bring your real estate investing business to even greater heights?
In this episode, Quentin D’Souza shares how he built a real estate investing business that runs independently of him. Also, he offers that you need to learn more and take care of other vital aspects of your life, including health and fitness. Not only do you become financially free, but you also gain time, location flexibility, and thought freedom.
What you will learn from this episode:
Where Quentin originally came from, what life looked like back then, various jobs he got into, and the realization leading to real estate
The time he started learning and investing in real estate [mistakes and lessons learned]
Learning and growing the way Quentin does
The driving force behind his entrepreneurial spirit
Making the most of 'The Wheel of Life' for your health, fitness, and work-life balance
The need to employ systems and processes [making your business run without you]
What failures and taking risks teach you when dealing with real estate investing
The 'four freedoms' that you've got to work on in real estate investing
How setting goals in 10-year time, quarterly, and weekly helps accomplish objectives
Measuring results to achieve your goals
The people he had the hardest laugh with
Moments that stand out for him
Key Takeaways:
"Make sure you don't set up your business so that you are the only thing that makes your business run." - Quentin D'Souza
"Everybody has to find in them what it is that's going to drive them to help them to succeed." - Quentin D'Souza
"Real estate is simple but not easy." - Quentin D'Souza
"Whatever you're doing, whatever it is, you want to be persistent, and you have the never-give-up attitude." - Quentin D'Souza
"My health is important to me. Like, I don't want to be the richest guy in the graveyard." - Quentin D'Souza
"I do this little wheel of life activity, where I'll break down the different segments of my life once a quarter. I'll identify where I am financially, physically, and spiritually. And I break it down, and I rate myself, and you can see where you are on that wheel." - Quentin D'Souza
"It's having those systems and processes, those checklists, so that not only you can do it, but you can give that to somebody else." - Quentin D'Souza
"Don't be afraid to try and fail, especially when you're younger; this is the time to try and fail." - Quentin D'Souza
"I'm looking at time freedom, location freedom, thought freedom, and financial freedom. Those are the Four Freedoms that I like to focus on. And if I have all of those four things, then I'm a happy camper." - Quentin D'Souza
Quentin D'Souza is a multiple award-winning Real Estate Investor and a trusted authority on real estate investing. He holds two university degrees, which include a Master's in Education. Quentin has appeared on local and national television and radio, interviewed in national publications, and has been a keynote speaker to large audiences of real estate investors.
Quentin is a proud member of the Entrepreneurs' Organization. His company, Appleridge Homes, uses the Buy, Reposition, Refinance, and Rent strategy on long-term rental properties in Ontario, Canada, as well as with joint venture partnerships to create win/win relationships on Apartment Building purchases. Quentin owns a real estate portfolio in excess of $100 million dollars of assets under management across Canada and the US and transacted on 80+ properties since 2004.
Quentin has authored and co-authored six books on the topic of investing in real estate, available on Amazon and bookstores.
Connect with Quentin D' Souza:
- Website: https://quentindsouza.com/
- LinkedIn: https://www.linkedin.com/in/quentindsouza/
- Instagram: https://www.instagram.com/qmanrei/
Connect with Chris Shebib:
- Website: https://shebib.com/
- YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
- Instagram: https://www.instagram.com/chris.shebib/
- Facebook: https://www.facebook.com/shebib
- LinkedIn: https://www.linkedin.com/in/chrisshebib/
This episode has been brought to you in part by
Streetwise Mortgages - https://streetwisemortgages.com/
Contact them at info@streetwisemortgages.com
Making odds work in your favour in a foreign country is challenging, especially when you're just starting. You have to deal with issues of religion, gender, culture, and language differences.
Then, just when you think you've settled with that corporate job, the predictable income, and the security that comes with it, you are drawn to follow your intuition and passion that has been there for so long. Often, that means being uncertain of what lies ahead.
Although out of love, you also have to deal with family and loved ones who want to sometimes pull you back.
When everything seems to be going wrong, how do you maintain the optimism that everything will turn out well?
In this episode, Dalia Barsoum shares her experiences of moving to a foreign country and the struggles she had to face. Later on, feeling unfulfilled, she left a successful corporate job and found herself jumping into real estate and mortgages. Although it meant an uncertain future for her and her family, she did not let that deter her. Instead, she turned her fear into the excitement that fueled her desire to build her business across Canada.
What you'll learn from this episode:
- Dalia's growing up years, educational background, and the challenges behind transitioning into a new country and overcoming them
- Where she gets the drive to become a go-getter at anything
- Recognizing your fears and leaning into those fears turning them to fuel
- Cultivating an entrepreneurial spirit early on in her childhood and what it looked like for her
- Setting aside first your passion and eventually giving in to your intuition
- Overcoming the challenges of stepping out of the corporate world into the world of entrepreneurship
- Talking about working on personal growth as it relates to business success
- Valuable insights on optimism
- Adding value as a big driver for growth
- The hardest she's ever laughed about something
- Proudest moment in her personal life that relates to her business success
Key Takeaways:
"When I knew I was coming here [Canada], I know that the sky is going to be the limit in terms of what I can accomplish, and was looking forward to the diversity and the equality as well." - Dalia Barsoum
"Personal development has started to become a pillar in my growth and in everything that I do." - Dalia Barsoum
"By optimistic, I mean, it's about recognizing there is a challenge, recognizing sometimes there are issues, but focusing on the opportunities and the solutions, rather than on the problem." - Dalia Barsoum
"I find when you reach a point where it's like, should I keep going? That's a time to take a step back and reinvent yourself." - Dalia Barsoum
"Money will come if we intentionally add true value to everything we do." - Dalia Barsoum
Dalia Barsoum is the founder of Streetwise Wealth, a boutique real estate wealth advisory firm, and Streetwise Mortgages, a multi-award-winning brokerage specializing in income property financing. Streetwise Mortgages is known as Canada's #1 small markets broker (AKA rental markets) as ranked by Canadian Mortgage Professionals.
The team at Streetwise Mortgages has funded over 1 billion dollars of mortgage volume and over 2700 mortgage transactions ranging from residential, multi-family, mixed-use, and other construction projects.
Connect with Dalia Barsoum:
- Website: https://streetwisemortgages.com/
Connect with Chris Shebib:
- Website: https://shebib.com/
- YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
- Instagram: https://www.instagram.com/chris.shebib/
- Facebook: https://www.facebook.com/shebib
- LinkedIn: https://www.linkedin.com/in/chrisshebib/
This episode has been brought to you in part by
Streetwise Mortgages - https://streetwisemortgages.com/
Contact them at info@streetwisemortgages.com
What limiting beliefs keep you from taking control of your life? Is a lack of formal education one of them?
Often, we don't realize how much we've been missing in life because we see ourselves as no better than those with formal education.
As a result, we create self-fulfilling prophecies that drag us down, preventing us from taking action steps that move us toward our goals.
As we let go of those limiting beliefs, we can develop self-empowering behaviours that help solidify our path to wealth and success.
What can we do to fill our lives with the building blocks of success that we need for the real estate investing business?
In this episode, podcast guest, Brian Pulis shares how he uncovered the self-limiting beliefs that prevented him from reaching his full potential. He points to the moment he became aware of his weaknesses and how he found ways to turn them around. When he did, that's when he scaled his business to success as he turned his limiting beliefs into a winning mindset.
This is Part 1 of two interviews with Brian, Part 2 will be coming out at a later date.
What you'll learn from this episode:
- A backstory of his childhood years and how it has paved the way to his success now
- Life and business experiences that impacted his life and led him to real estate [wanting to be self-employed to take control of his life]
- Becoming aware and turning around his limiting beliefs on his lack of education [filling your life with building bricks of success]
- How limiting beliefs are showing up ugly heads in one's life and business
- What you can do to crush those limiting beliefs
- Action steps that led to his entry into real estate
- Transitioning into business coaching and turning real estate into a family affair
- Finding opportunities in the rise and fall of the market
- Taking people into the team who teaches you more than teaching them
- Raising capital with education
Key Takeaways:
"It doesn't matter what you do; just do everything at 150%." - Brian Pulis
"One of the secrets to success is the continual knowledge that you're putting into your brain to help you become a better person, a better businessman, a better family man. All the positive things come from that." - Brian Pulis
"In real estate investing, regardless of the times, there are opportunities, and it's a matter of educating yourself from a business perspective." - Brian Pulis
Brian Pulis ran several successful retail and service companies before turning his attention in 2002 to building a solid-performing portfolio of multi-family residential properties in strategic Ontario markets.
Delivering great value to tenants with a disciplined focus, Brian has seen his portfolio grow consistently.
He became a real estate investment coach and speaker who has received many awards, including the Michael Millenaar Memorial Leadership Award from REIN (Real Estate Investment Network).
Seeing an opportunity to bring the success of his investment model to others, Brian founded Pulis Investments with his son Kyle.
Connect with Brian Pulis:
- Website: https://pulisinvestments.com/
- Email: brian@pulisinvestments.com
Connect with Chris Shebib:
- Website: https://shebib.com/
- YouTube: https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
- Instagram: https://www.instagram.com/chris.shebib/
- Facebook: https://www.facebook.com/shebib
- LinkedIn: https://www.linkedin.com/in/chrisshebib/
This episode has been brought to you in part by
Streetwise Mortgages - https://streetwisemortgages.com/
Contact them at info@streetwisemortgages.com
Are you ready to hear a different side of real estate investing?
There already is a wealth of information and resources out there to show you how to get started in real estate investing, scale a portfolio and build an empire.
But I have found what is missing is that defining point in someone’s journey, what some might call a light bulb moment, that changed the direction or trajectory for that person.
It could have been an idea, a good or bad decision, someone who influenced them, a change in strategy or behaviour or a deal that went south and suddenly made all the difference.
Welcome to The Hidden Upside podcast, a show with Honest talk about Real Estate, Life Lessons and Mindset.
I am your host, Chris Shebib, and my goal with this podcast is to have our guests share those details, the lessons learned, the challenges faced, and the steps they took after that made all the difference.
In my 20+ years of life in real estate as a realtor, speaker, coach and award-winning real estate investor I’ve managed millions in renovations and contracting projects in Canada and the US, bought and sold homes, helped generate returns on investment properties, received a National Top Investor Award and been featured in numerous national and real estate media.
But the bottom line with all of that heavy lifting is if it wasn’t for trying, failing, learning, and developing I wouldn’t be where I am today.
This is what I mean by what I am looking to bring you on this podcast. Real value in learning from others, understanding and learning what it was that made a difference when someone faced an obstacle or needed to pivot or change a behaviour.
That hidden side of a lesson learned, a mistake made or the secret success sauce someone has will in turn help you know what it might take to accelerate your own real estate investing success.
Together we are going to uncover The Hidden Upside to help us all learn and grow.
Connect with Chris Shebib:
- Website: https://shebib.com/
- YouTube:https://www.youtube.com/channel/UCIP29W-Jnbi528FAGMhhSjg
- Instagram: https://www.instagram.com/chris.shebib/https://www.facebook.com/shebib
- LinkedIn: https://www.linkedin.com/in/chrisshebib/