Well Off Podcast: Recent Episodes
Georges El Masri
Well Off Podcast, the podcast for Canadian real estate investors and entrepreneurs. A podcast about growing your portfolio, wealth, business and relationships. Inspirational and positive content to help you on your journey to becoming "well off". Presented by Georges El Masri, an Ontario real estate investor and realtor.
Andy Tran founded Suite Additions to address the growing need for housing solutions while helping investors achieve financial security through housing densification strategies. As a registered House and Small Buildings Designer, real estate investor, and small infill developer, Andy combines his expertise with a passion for creating smarter, more efficient communities.
In this episode, we discuss:
- The step-by-step process of adding additional units to your property - How investors are leveraging new zoning rules to increase density - The financial and community benefits of adding extra units
You can reach out to Andy Tran by visiting https://www.suiteadditions.com/
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“Your network is your net worth.” Brooke embodies this philosophy by generously sharing her knowledge, fostering connections, and empowering new investors. Alongside her trusted team and partners, Brooke has built and continues to grow an impressive portfolio in both Canada and the US. She leverages diverse strategies, including Lease Options, Income Properties, Wholesaling, and Private Lending, to achieve success in real estate.
On this episode we discuss: - Leaving Ontario to invest in other markets - Transitioning from Rent-to-Own and Private Lending to multifamily properties and flips - Setting up your investments to ensure that the legacy you leave lasts
You can reach out to Brooke Shang by visiting https://trustyourtalent.ca/topics/brooke-shang-2/
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Spencer and Ashley are Niagara- based real estate investors with a shared love of travel, fitness, and hospitality. They started investing in 2018 and have since expanded their portfolio to 11 units with a mix of short- term and long-term rentals. Spencer and Ashley co-founded Travelluxe Inc. in 2019, a short-term rental management company, which currently manages over 45 units across Canada. Their love for travel has brought them all around the world where they are able to mix work and pleasure by creating systems that allow them to be location independent.
On this episode we discuss: - How to increase your rate per night in short term rentals - Expanding from the Ontario market into New York - How and what to look for in properties when investing
You can reach out to Spencer and Ashley by visiting http://www.spencerandashley.com/
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Cliff Ford with Skyview Realty specializes in the sale of apartment buildings throughout Ontario. He has been involved in the sale of over 250 residential buildings throughout his real estate career. Cliff also plays a key role in leading the acquisition process for Skyview's own growing portfolio. His extensive experience offers valuable insights into the apartment investment landscape.
On this episode we discuss: - The challenges investors are facing in the 30-40+ units apartment building space today - Proven strategies for stabilizing portfolios during uncertain times - Creative ways to convert under-utilized “dead” spaces into income-generating assets - The latest trends in Vendor Take Backs and how they’re shaping deals
You can reach out to Cliff Ford by visiting http://www.skyviewrealty.com/
Download a free report: “Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”
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Kasey Wong is a seasoned real estate investor with a focus on apartment buildings. With over 3,000 units under his management, Kasey brings a wealth of knowledge and experience to the table. His journey is filled with fascinating stories and insights that highlight his expertise in navigating the complexities of real estate investing.
On this episode we discuss: - The recent challenges Kasey has faced over the past few years - The biggest business mistake he’s made and what he learned from it - A market update, including insights on immigration trends - An inside look at Kasey’s latest projects and ventures
You can reach out to Kasey Wong by visiting: www.cacoeli.com
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With a background in structural engineering and construction, Ara Poladian has found his way in real estate investing by doing larger scale renovations projects within multi-family real estate in the Cambridge/Kitchener area. Also a licensed Realtor, Ara is passionate about helping other investors get into great investment properties.
On this episode, we discuss:
- Ara’s New Project: Aqusiiton of Two Sixplexes
- Progess Update on his 12-Unit Building in the Kitchener/Waterloo area
- Adding Two Units to a Fourplex
- Running into Structural Issues in Investment Properties
- What the Costs and Process Could Look Like for Remediating Structural Issues
You can reach out to Ara Poladian by visiting https://poladianconstruction.ca
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After a successful 10-year career in corporate finance, Stefanie Beharry decided to merge two of her greatest passions: finance and real estate. Seeing that financial management was a common challenge for many investors, she developed a comprehensive solution and and founded what is now known as REI Finance.
On This Episode, We Discuss: - What Stefanie's REI Finance is all about - Services available for investors that are looking for financial management support - Her journey into real estate investing and what it has evolved into today
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Cherry Chan, CPA, CA, is not only an experienced real estate tax professional but also a seasoned real estate investor, author, blogger and a sought-after public speaker with a passion for helping individuals and businesses navigate the complex world of real estate taxation. With a wealth of knowledge and expertise, Cherry specializes in providing tailored tax strategies to maximize savings and minimize liabilities for clients in the real estate industry.
On this episode, we discuss:
- Closing on her investment property in Texas
- Investing in properties in the United States
- Pros & cons, background work, and corporate structure she used to purchase that foreign investment
You can reach out to Cherry Chan by visiting https://realestatetaxtips.ca/
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Josh Findlay is a seasoned mortgage broker based in Ontario with over half a decade of experience in the financial services industry. He is renowned for his expertise in helping clients achieve their investment goals, particularly in the multifamily real estate sector.
On this episode, we discuss: - Strategies to Purchase Property with Reduced Upfront Funds Needed - Refinancing and Exit Strategies - CMHC Financing and Bridge Loans - Ways to Make Your Investment as Effective and Efficient as Possible
You can reach out to Josh Finlay by visiting https://bldfinancial.ca/contact-us/
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Nick Karadza began investing in real estate at the age of 21, and by his mid-twenties, he had left the corporate world to fully commit to his passion. Today, as a co-owner of Rockstar Real Estate, an investment brokerage based in Oakville, he dedicates his time to helping others achieve success in real estate investing.
On This Episode, We Discuss: - Latest Events in Real Estate News - Inflation and Unemployment rates - Digital Currency - Predictions on Market Direction as Rates Continue to Drop
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Fern got a taste for real estate investing in 2003 with the purchase of his first fourplex in Kingston Ontario. In 2018, he decided to turn his hobby into a business and founded Property Sense where he focuses on creating win-win Joint Venture partnerships in real estate. Three years after founding Property Sense he quit his J.O.B. to pursue real estate investing full time and hasn't looked back.
On This Episode, we discuss:
- 10 duplex conversions out of his 12 properties
- Fern's experience with burnout and how he was able to turn that around
- Working a full time job and becoming a full time investor
You can reach out to Fern Gauthier by visiting https://propertysense.ca/
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Adriana Ostapenko, owner of Ace Properties, began her real estate investment journey in Hamilton, Ontario, where she successfully converted single-family homes into duplexes and triplexes. Today, she's setting her sights even higher with a 50-unit project in New Brunswick.
On This Episode, we discuss:
- The story behind her first investment property in Hamilton, ON
- Strategies she used to raise capital for her projects
- Her decision to transition into larger multifamily properties
- An in-depth look at her 50-unit project, including turnover strategies and plans for refinancing within two years
- The crucial role of partnerships and the importance of building transparent relationships with investors
You can reach out to Adriana Ostapenko by visiting https://www.ace-properties.com/
Download a free report: “Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”
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Toronto native Jas Takhar is an innovative entrepreneur who recognized from an early age that he would thrive in the sales and service industry. Over the years, Jas has gained valuable experience in car sales, banking, and real estate. Today, he leads a remarkable real estate team, showcasing his dedication and expertise.
In This Episode, We Discuss:
- Investing In Pre-Construction Developments
- Maneuvering Around Challenges to Close on Deals
- Mindset for Investing in Pre-Construction
- Possible Options for Exiting Pre-Construction Purchases
You can reach out to Jas Tahkar by visiting meetjastakhar.ca
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Oliver Manalese is a life style business coach who helps entrepreneurs navigate spiritual bankruptcies and create peaceful prosperity in their lives. Before he started coaching, Oliver was in the real estate industry focusing on rent-to-own and acquisitions of properties to grow his portfolio.
On this episode we discussed:
- Experiencing burnout and feelings of being overwhelmed
- Investor's attachment to their real estate portfolio
- Feeling of losing one's financial freedom and time freedom
You can reach out to Oliver Manalese by visiting https://olivermanalese.com/
Download a free report: “Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”
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Dalia Barsoum is a seasoned mortgage broker with over 20 years of experience in wealth management strategy and real estate. She is the founder of Streetwise Mortgages and author of Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want.
On this Episode, We Discuss:
- Obtaining financing in the United States and what is required
- Obtaining financing for Western and Eastern Canada investments
- Private commercial loans and their relationship with CMHC
- Tips and pointers on entering the housing market as a new investor
You can reach out to Dalia Barsoum by visiting https://streetwisemortgages.com/
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Mark Gonneau ventured into real estate investing at 24 years old and now currently owns 264 units in his portfolio of 42 properties. He explores the avenue of boutique hotels and embraces the use technology to reduce expenses and increase income.
On this episode, we discuss:
- Leaving his previous career to go into real estate investing full time
- What to look for in a business partner
- Mark's boutique hotel business and private REIT
- Use of technology to improve the net operating income of the hotels
You can reach out to Mark by visiting https://thearmchairinvestor.ca/
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Nick Van Dyk is a real estate investor based out of Brantford, Ontario. He attended school in Hamilton, Ontario for civil engineering and later on started investing in local real estate. As of a few year ago, Nick cross-borders and began looking into the US market for investment opportunities.
On this episode, we discuss:
- Starting off investing in single family homes, duplexes, and triplexes
- Exploring commercial real estate in Texas
- Experience with short term rentals in Florida
- Investing in the US market as a Canadian
You can reach out to Nick by visiting https://www.nickvandyk.ca/
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Erwin Szeto is the founder of the iWIN Real Estate, a team of veteran real estate investors, who coach investors from the Greater Toronto area how to to achieve wealth. He built his portfolio by focusing on bungalow to duplex conversions and now is exploring investment opportunities in the US Market.
On this Episode, we Discuss:
- Investing Opportunities in the US market
- Major manufacturing companies and their influence on real estate
- Erwin's plans for his current Ontario properties
- Risks and factors that will impact the success of entering the US market
You can reach out to Erwin Szeto by visiting: https://www.truthaboutrealestateinvesting.ca/
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Cindy Wennerstrom, an experienced real estate investor and property consultant, offers renovation and cashflow strategies to her clients through ORO Properties. Beginning at a young age, Cindy successfully grew her cashflow and expanded her portfolio over the years. Leveraging her expertise in renovations, she crafted a stunning custom home in Mississauga, ON.
On this Episode, we Discuss:
- What investing in real estate has been able to do for her lifestyle - The challenges of building her custom home - How she negotiated cash for keys when selling her property - How she built her cashflow from a young age
You can reach out to Cindy Wennerstrom by visiting https://oroproperties.ca/
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Prior to becoming a REALTOR®, Serena ran her own brand experience agency for around 18 years. She grew the agency to ten full-time and over 2,200 part-time staff across the country. She currently focuses on working as a REALTOR® and active real estate investor. She also hosts a podcast called “Inspired To Invest”.
On this episode, we discuss: - Selling her business to focus on other ventures - How networking and real estate events altered her life - Private lending - pitfalls to avoid and mistakes she’s made - Secured loans vs promissory notes and the risks associated
You can reach out to Serena Holmes by email at: info@serenaholmesrealtor.com
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Cory Matthews has been in Real estate for the past ten years. He and his wife started investing in real estate in 2015. They had a very small budget when it came to renovating their first rental property and they’ve built their portfolio to 12 units to this point.
On this episode, we discuss: - Learning about renovations through DIYs and hiring the right contractors - His real estate journey and how he started with very little and was able to apply the BRRR strategy - How he was able to borrow funds from family to grow his portfolio - Slow and steady growth - avoiding too much risk and debt
You can reach out to Cory Matthews by visiting his Instagram: @corymatthewsrealtor
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Daniel Foch is a real estate broker, working in the real estate industry for over 15 years. Daniel and his team have transacted over $250M in real estate across a variety of asset classes. Daniel was an active instructor, contributor and researcher in the University of Guelph’s Real Estate Faculty. He hosts The Canadian Real Estate Investor Podcast. On this episode, we discuss:
The latest real estate news headlines like:
Inflation in the US and its impact on the Canadian economy
Recent OSFI (Office of the Superintendent of Financial Institutions) regulation changes
Upcoming opportunities in the Canadian real estate market
NAR (National Association of Realtors) lawsuit
Recent TRESA changes and open bidding
You can reach out to Daniel by visiting www.danielfoch.com
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Austin Yeh is a mortgage agent at Vine Group and a seasoned real estate investor. He started with $40,000 in savings in late 2018 and expanded his real estate portfolio to over 25 properties within 5 years. He also founded RISE Network and co-hosts the RISE Real Estate Investing Podcast.
On this episode, we discuss:
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How he was able to grow his portfolio quickly
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How being featured in a Toronto Life articles changed his life
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Why he got into the wholesaling business
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Being over leveraged on a 6plex, the complications and stress it caused
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Credit card points hacking
You can reach out to Austin Yeh by visiting https://www.instagram.com/austinyeh6/reels/
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Luc Boiron is a leading Canadian real estate investor who has been investing since 2007. Luc is a former lawyer who also holds an MBA, but left that world in 2016 to start Bliss Realty Inc. with the goal of flipping houses. Since then, he has built one of the largest residential property acquisition companies in Canada and has bought and sold over 850 houses across the country. With an in-house team of over 30 employees, Luc has also grown his residential rental portfolio with a mix of single-family and apartment buildings, short term rentals and coach house builds.
On this episode, we discuss: - His recent hoarder house purchase - Why the wholesaling business has slowed down - Flipping 30-50 properties in a year - Costly mistakes to avoid when flipping - His flipping success rate in the last year - A new motel project he’s working on
CTA: I’m willing to help one person buy their first 10 unit apartment building. If you’re interested in discussing this opportunity, make sure to message me on instagram: @welloffx
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Jose Jafferji is responsible for acquisitions, business strategy & growth, risk management and investor relations. Jose’s key focus is enhancing financial and operational performance to meet investment return targets using various strategies like short term rentals and multifamily apartment buildings. On this episode, we discuss:
Buying his first Hamilton apartment building in 2019
Buying another similar building within 6 months
Refinancing 2 buildings through CMHC
Attending US investing conferences to learn about the syndication model
Buying first apartment complex as a syndication at the end of 2021
Investing in Atlanta, North Carolina and Florida
Buying large apartment buildings and smaller properties for short term rentals
You can reach out to Jose by visiting www.savvyrealestate.ca
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Michael Lombardi shares how his experience in other fields helped him get into real estate investments. His journey in real estate investment began in Toronto in 2016 with a triplex house hack, progressing through a series of moves including an accidental BRRR in Brantford and multiple conversion projects in Welland. Adding value through intentional renovations has been central to his strategy. The influence of his family, particularly his mother, a career property manager, has been invaluable. Michael’s real estate endeavours have been punctuated by both learning curves and small wins, with a portfolio now including 7 properties and 16 units.
In this Episode, you’ll be able to
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Understand the process and benefits of house hacking a Toronto triplex
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Understand how to leverage using HELOCs
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Learn about acquiring property outside of the Greater Toronto Area and outsourcing property management companies
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Learn about the benefits of adding a basement suite to a bungalow
You can reach out to Michael by visiting certaincapital.ca
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Many yearn to have a successful real estate portfolio, but only some truly understand the mechanisms behind it. Today, we focus on an inspiring story of creative financing and strategic investing with Myuren Chanthirakumar, a commercial appraiser and steadfast real estate investor, who shares his journey to owning an impressive portfolio of 14 properties and over 40 doors. In this episode, you'll be able to: * Understand the value of building and financing * Understand lender requirements and strategies for building cash reserves * Rapid growth in property acquisition * Leveraging properties for further investments * Utilize trust agreements for property acquisition * Overcoming challenges and building a team
Myuren embarked on his real estate journey in 2019. Outside of investing, he works as a commercial appraiser for a global occupier services team, where he consults commercial real estate practices. Throughout his career, he constantly emphasized the need to think creatively, and so began his journey into real estate investing. His real estate adventure started with an aborted pre-construction condo purchase. After fully understanding the financial implications, he calculated he'd be outmatched and backed out within the 10-day cooling period. Determined not to be defeated, he opened a map of Ontario. His research pointed him to Windsor, a city on an impressive growth trajectory. In Windsor, he bought his first property, a single-family home, for $257,000. Thanks to creative financing, the down payment came from a mix of his savings, a loan from his parents quickly repaid via a line of credit. He was now cash flow positive, but his tenants stopped paying rent due to COVID-19. It was a hard setback but a lesson in due diligence and clear communication. You can contact Myuren by visiting https://www.linkedin.com/in/myurenc/. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Despite your best efforts to navigate the complexities of the landlord-tenant relationship in Ontario, you may find yourself stuck in a cycle of ineffective communication and costly legal battles. Your attempts to enforce lease agreements and resolve conflicts may be met with resistance, leading to a breakdown in trust and an unsustainable rental business. Advocacy has always been my passion, and now I advocate for landlords to ensure fair and equitable landlord-tenant relationships. - Glenn Gosling Joining us on this week's episode is Glenn Gosling, a paralegal at Caveat LLP with a wealth of knowledge and experience in landlord-tenant law in Ontario. With a background in healthcare advocacy and a passion for fighting for the rights of both landlords and tenants, Glenn brings a unique perspective to the table. Having grown up in Ottawa and spent several years in the UK, Glenn's diverse background and international experience have shaped his understanding of the complexities of the landlord-tenant relationship. Whether you're a landlord looking to navigate the legal landscape or a tenant seeking to understand your rights, his expertise will provide you with valuable insights and practical advice. Please tune in to this episode as we dive into non-payment of rent, late payments, and other common issues landlords face in Ontario. Get ready to gain a better understanding of the landlord-tenant relationship and learn how to manage your rental property effectively. In this episode, you will be able to: * Understand the rights and responsibilities of landlords and tenants in Ontario for a smoother landlord-tenant relationship. * Discover an online portal that simplifies the process of filing applications, saving you time and hassle. * Learn how to navigate rent increases and lease renewals effectively, ensuring fairness for both parties. * Navigate eviction notices and legal processes confidently, following the proper procedures. * Gain insight into typical inconsistencies in the Landlord and Tenant Board and how to address them, ensuring fairness and justice for all parties involved.
You can contact Glenn by visiting https://caveatlegalservices.cliogrow.com/book or find him in social media.
FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Do you desire to expand your real estate portfolio and thrive in today's market? Are you searching for a solution that will enable you to achieve this desired outcome? Look no further! Our guest today will share valuable insights that will empower you to grow your existing real estate portfolio and conquer the challenges of the current market landscape. With his solution, you can attain the outcome you've yearned for in your real estate investments. Building for the next generation is what it all comes down to. It's about creating a portfolio that can support the life you want to live and pass on to your family. - Abdellah Majd Meet Abdellah Majd, a seasoned real estate investor and sales professional with a wealth of experience in the industry. Over the past eight years, he has honed his skills in selling real estate while simultaneously growing his own investment portfolio for the past decade. As the owner of a boutique brokerage in Hamilton, he has established himself as a trusted expert. His journey in real estate began in 2013 when he joined forces with his family to purchase three duplexes within two years. Since then, he has expanded his investments to include commercial multifamily properties and ventured into the Florida real estate market. With his extensive knowledge and active involvement in the investment community, he is a valuable resource for real estate investors seeking to expand their portfolios and navigate the ever-changing landscape of the industry. In this episode, you will be able to: * Discover effective strategies to grow your existing real estate portfolio and increase investment returns. * Explore the opportunities and benefits of cross-border property investments for expanding your real estate portfolio. * Learn about the potential for expansion and profitability in the commercial sector and how it can enhance your real estate portfolio. * Navigate market transitions and uncover affordable properties that can help you expand your real estate portfolio and boost your overall returns. * Gain valuable insights and practical tips for growing your existing real estate portfolio, regardless of the current market conditions.
You can contact Abdellah by visiting https://www.majdrealty.com/ or find him in social media. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
When you look at a piece of land, do you see potential? It's all about buying properties, splitting the land, and constructing new units for rental purposes. Quite often, the size of the lot matters less than the potential it represents. Unearth that creativity, dust off your strategic brain, tackle the process with open eyes, and who knows? You could turn something ordinary into extraordinary. If you can essentially wipe out your land cost from a new build, you're already put yourself a fair bit ahead when it comes to equity and making the numbers work. - Dan Illes Dan Illes is a real estate investor and property developer who has made a name for himself in the industry. With a background in civil engineering, he brings a unique perspective to his projects. Originally from a small town near Stratford, he started investing in real estate on the side while working as an engineer. However, it was only a short time before he realized that his true passion lay in real estate investing and development. Since then, he has focused on infill development and building new homes from the ground up. His creativity in engineering and urban planning expertise have allowed him to successfully complete various projects, including severing land to create new lots and constructing new houses. In this episode, he shares his journey, insights, and strategies for success in real estate development. In this episode, you'll be able to: * Discover strategic real estate investing and development techniques that can lead to increased success and profits. * Learn the ins and outs of infill development and severing land to take advantage of valuable opportunities in the market. * Explore the benefits and cost-saving potential of water submetering for multi-unit properties and how it can increase your bottom line. * Uncover the secrets to increasing your Net Operating Income (NOI) through the implementation of water submetering. * Stay ahead of the competition by staying informed about current land and development market opportunities that can lead to lucrative investments.
You can contact Dan by visiting https://waterbillsolutions.com/ FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
If you're feeling frustrated and overwhelmed with your real estate investments constantly struggling to achieve the results you desire, then you are not alone! Instead of experiencing successful real estate ventures, you may face missed opportunities, costly mistakes, and a lack of expertise in critical areas. Instead, take responsibility, don't try to do everything yourself, and pay attention to the power of a strong investment team. Jessica Narula is an accomplished real estate investor, mortgage agent, and professional dancer. With a start in real estate investment in 2020, she has already completed four successful flips and currently manages a portfolio of ten doors. Originally from India, she moved to Canada as a teenager, giving her a unique perspective and a drive for success. Her journey as an investor began with a keen interest in the real estate market and a desire to create wealth and financial freedom. She found her business partner through networking and attending investor meetups, and together, they have successfully executed profitable property flips. With her diverse background and experience, she offers valuable insights into team-building and navigating the complexities of the real estate industry. Please tune in to this episode to learn from her journey and gain practical tips for building a strong investment team to achieve more success in your real estate ventures. In this episode, you will be able to: * Unlock the key to a successful real estate investing journey and elevate your portfolio. * Discover the untapped potential of gender diversity in real estate and harness the power of inclusivity for greater success. * Prioritize mental health in real estate ventures and optimize overall well-being for improved decision-making and outcomes. * Gain insight into investing in different locations and unlock the door to diverse and lucrative investment opportunities. * Learn the secrets to building a strong investment team and watch your real estate ventures soar to new heights of profitability.
You can contact Jessica by visiting https://www.instagram.com/jessn.invest/. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Cory Froc is a seasoned real estate investor and entrepreneur who's been making waves in the industry since 2006. With a focus on residential conversions, he has recently branched out into larger developmental projects. From buying low-cost properties in unattractive neighbourhoods to managing duplex and triplex conversions in the highly sought-after Niagara area, Cory has navigated both the ups and downs of investing with resiliency. Today, in the second significant real estate cycle of his career, this former sales executive for top-companies like H.J. Heinz and Kraft stands even more resolute, expanding his portfolio while concurrently serving as real estate investment coach. In this episode, we discuss the following: * A detailed exploration of the strategic itinerary in real estate investment. * Insightful life lessons from real-life transformational property conversion challenges. * How to optimize profits leveraging government programs and effective energy use. * Critical role of careful budgeting and cost-efficiency when crafting real estate deals. * Indispensable value professional coaching and guidance in navigating the real estate market maze.
You can contact Cory by visiting https://coryfroc.com/ or find him in social media. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Jack Bernstein is a serial entrepreneur and established real estate investor with an impressive journey rich with experiences to share. As a child growing up in Mississauga, he was surrounded the better things in life, sparking curiosity about a life beyond his own. After a short career as a professional snowboarder, he launched a startup at the age of 18. For five years, he navigated the stormy seas of business, learning and growing with each hurdle. However, it wasn't until a stint in tech sales that Jack discovered the allure of real estate. He noticed his coworkers, despite earning hefty paychecks, lived humble lives, with the bulk of their money flowing into real estate investments. This revelation was a turning point for Jack, leading him to purchase his first duplex in Oakville in 2017. Today, he has built a substantial portfolio with properties worth over $12 million. His innovative approach to real estate can be a useful learning curve for all aspiring investors. In this episode, we discuss the following: * Understanding the vital role of mentorship and guidance in a journey to success. * Effective real estate investing strategies from the lessons Jack learned. * Scaling from residential to commercial real estate through strategic partnerships with experts. * Impact of interest rates and market conditions in real estate and how to act prudently. * Evolving future of homeownership and transition trends in the rental market.
You can contact Jack at https://www.linkedin.com/in/jackdanielbernstein/. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Leading a balanced life can sometimes seem like an impossible task, especially in today's fast-paced world. However, establishing harmony among different facets of life (personal, professional, physical, and emotional) can have profound benefits. It elevates overall well-being, enhances resilience in dealing with stress, and fosters healthier relationships with oneself and others. Bridging the gaps between stress, health, and well-being is the nutritionist tag team, Kirsten Colella and Eileen Fauster. Kirsten, a holistic nutritionist with a unique background in property management, embodies determination. Following a career shift eight years ago, she navigated the demanding period of final exams while heavily pregnant with her second child and has been transforming lives ever since. Eileen, her devoted partner in this journey, lends an invaluable dimension to understanding stress, its effects, and how to combat it effectively. Together, their shared wisdom promises to unlock new perspectives on managing stress. In this episode, we discuss the following: * Profound impacts of stress management on the human body. * Telltale signals of stress and burnout before it’s too late. * Pivotal role of cortisol in stress management and weight fluctuations. * Dynamic approaches to balance stress and optimize cortisol production through diet and lifestyle tweaks. * Integration of relaxation techniques – from meditation to acupuncture and massages – focused on stress reduction and holistic wellness.
You can contact Kirsten and Eileen by visiting https://essentialbalance.ca/. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Being a landlord in Ontario comes with its own unique set of challenges. From slow eviction processes to dealing with damages left by tenants, these problems can often result in significant financial losses. Kayla Andrade, my guest for this week's episode, sheds light on these issues. Kayla's journey into understanding landlord-tenant relationships started close to home in her childhood community in Newfoundland. Her early experiences living in government housing offered her a unique insight into the complexities of property management. When the property market in Ontario became volatile, Kayla sought opportunities elsewhere, even if it meant stepping out of her comfort zone. She noticed that different provinces like Newfoundland were less bureaucratically complicated and more landlord-friendly. In 2010, Kayla founded Ontario Landlords Watch, a platform aimed at helping landlords, property managers, realtors, and paralegals navigate the intricate web of regulations that govern property ownership and tenancy. Her organization works as both an educational resource and a lobbying force, pushing for reform in housing legislation for the betterment of the private real estate sector. In this episode, we discuss the following: * The complexities inherent in Ontario's landlord landscape and better navigating them. * Understanding of the slow eviction process operational in Ontario and the reasons behind its sluggish nature. * Bill 97's influence on rent payment strategies and its financial implications. * Significance of scrupulous tenant screening and the role of credit history in securing reliable occupants. * Essential advocacy programs and supportive measures available to landlords in Ontario.
You can contact Kayla at https://ontariolandlordswatch.com/ or find her on social media. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram Check out the upcoming conference that Kayla is organizing at the end of October Ontario Landlords Watch 5th Annual Private Housing Sector Conference https://www.eventbrite.ca/e/ontario-landlords-watch-5th-annual-private-housing-sector-conference-tickets-681955085017 This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Seif El-Sahly is a self-made entrepreneur who has breathed new life into over 150 units in three years. Born in Abu Dhabi from a family of engineers, he sailed into the Canadian construction industry in 2006, and in just a decade, he went from being an employee to running his own construction company. His hands-on approach is rooted in an eye-opening experience in 2016 when he took over an abandoned renovation job and turned it into a showcase of his organic learning. Seif's massive leap from a solo operation to leading a team of professionals in under four years shows his prowess in the field. In this episode, we discuss the following: * Transitioning from employment to construction entrepreneurship. * The crucial role financial stability and credit status play in the entrepreneurship journey. * Secrets to forging long-lasting relationships with subcontractors in the construction industry. * Unfolding the myriad options and pivotal considerations before venturing into building garden suites. * The code on the timeline, permits, and financial strategies needed for successful garden suite projects.
You can contact Seif via his website at www.newfore.com Or on LinkedIn https://www.linkedin.com/in/seifelsahly/ FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
To solve the housing issues faced in Canada will require innovation. Our guest this week, Ben Julius, approaches the challenges of land use and best building use with a creativity that sees a 91 lot land development turn into 132 lots and unit space for 1200 square foot apartments turn into two apartments leveraging technology. As an active real estate developer and founder of Lionheart Development, a thriving land development company based in Southern Ontario, Ben is the go-to guy for liaising between planners, construction companies, and municipalities looking for more affordable housing options. His journey into real estate began in 2017 when he successfully joined multiple parcels of land and managed to rezone a property from housing 91 units to a whopping 132 units. His distinct approach has seen him oversee projects with impressive assets under management of $200 million. In this episode, we discuss the following: * From Ben's professional basketball coaching experience, discipline and adaptability play a crucial role in entrepreneurship. * Ben's unconventional solution to the construction industry's labour shortage—leveraging the potential of incarcerated individuals. * Revolutionary ways of maximizing equity accessibility and innovative designs in real estate based on Ben's viewpoints on mortgage products. * How to navigate obstacles and alter strategies in real estate development, inspired by Ben's experience with project redesign and exit strategies.
You can contact Ben at https://lionheartdevelopment.co/ or find him on social media. FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple. Tel: 647-961-3281 Email: don@gopineapple.com Follow on Instagram and Facebook @themortgagedon
Darren Voros is a seasoned real estate investor and developer with an innate grasp of the intricate dynamics inherent to property investing. His trajectory is as remarkable as it is unique, transitioning from a globetrotting musical theatre luminary to an adept and hands-on real estate magnate.
From his formative years gracing stages worldwide to orchestrating the management of a robust real estate portfolio valued at $30 million, his narrative resounds with echoes of passion and unwavering perseverance. As a self-made entrepreneur who has meticulously cultivated over two decades of investment acumen, he exemplifies resilience and unyielding entrepreneurial zeal.
In this episode, we discuss the following: * Secrets to prosperous real estate development. * Strategies to increase your revenue and minimize loss in real estate investments. * Benefits of adding garden suites and laneway suites to your property. * Potential impact of legislative changes on the multi-unit properties. * Strategic property additions and commercial financing to enhance your property's worth.
You can contact Darren at https://www.darrenvoros.com/ or find him on social media.
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Cameron Griffith is a real estate maverick who unexpectedly stumbled upon the secrets of profitable investing. Hailing from a large family in Ontario's heart, his journey commenced when he channelled his competitive spirit during a recession by purchasing a wartime home. Little did he know that this would begin his remarkable venture into real estate.
Balancing his successful elevator business alongside property investments, his unyielding determination paved the way for new opportunities. As the pandemic emerged, he fearlessly embraced rental arbitrage and the Airbnb model, skillfully transforming challenges into promising prospects. Witnessing the potential in this approach, he strategically leveraged it into a thriving enterprise.
Now, with his eyes set beyond the borders of Canada, he is determined to establish his stronghold in the American property rental space, showcasing both his tenacity and the power of intuitive real estate investing.
In this episode, we discuss the following: * Intricate paths of successful real estate investing experiences.
* The decisive advantages of rental arbitrage and the innovative Airbnb approach.
* The intriguing elements of Toronto's rental market and its potential opportunities.
* The art of securing favourable rental contracts to fortify your investment strategy.
* Creating a prosperous Airbnb business and enhancing its profitability.
You can contact Cameron through 24-hour call line: 289-635-1622 or visit the following: Website:www.midlothiansuites.com Instagram: @camerongriffith88 @midlothiansuites
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Zack Brittain is a real estate enthusiast who entered the industry in his mid-20s, inspired by a book from his mother. Despite initially having no interest in real estate investment, he embraced the field and shaped his career and wealth. Starting as a realtor, he learned valuable lessons about setting realistic goals and the importance of patient investing.
His success story emphasizes taking calculated risks and seizing opportunities at the right time. He became a successful real estate investor before turning 30, all thanks to the knowledge gained from "The Wealthy Barber" book and his first-hand experiences in the dynamic real estate market. Zack's journey from a rookie with high expectations to a shrewd investor and business owner offers valuable advice to new and seasoned real estate investors. In this episode, we discuss the following: * Prolific strategies and hard-earned lessons from top real estate investors. * Setting achievable milestones and developing a balanced outlook on real estate opportunities. * Robust knowledge uptake concerning finances and investment. * Impact of aligning with synergistic partnerships and linking with like-minded real estate peers. * Embracing uncertainties, calibrating your risk tolerance to seize latent opportunities in the property market.
You can contact Zack by visiting: https://phippsbrittainrealestate.com/ or find him on social media.
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Mohit Kanyan, a young student from India, travelled to Canada to pursue his master's studies and ended up running a successful student franchise business for College Pro Painting. Through his interactions with investor clients, he developed a fascination for real estate investing, which led him to take a detour from his initial path.
His ability to navigate international education and immigration systems, along with his business acumen, played a crucial role in his success. Starting with student housing rentals, he ventured into the world of real estate investing and now possesses a profitable portfolio of properties.
In this episode, we discuss the following: * Intelligent real estate investment practices. * Gas station businesses, exploring associated challenges, benefits, and opportunities. * The power of connections and networking to pinpoint lucrative investment ventures. * Income maximization and profitability in gas station businesses through a brand new lens. * The path to expand your real estate portfolio and design ambitious future investment plans.
You can contact Mohit by visiting https://www.linkedin.com/in/mohit-kanyan/
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Ana Marin is an extraordinary businesswoman and entrepreneur renowned for her unwavering commitment to growth and ability to seize opportunities. Hailing from Mexico, Ana and her family decided to migrate to Canada when she was just six years old. This dramatic change injected her with an enduring belief in the limitless potential of fresh starts.
With a natural inclination towards learning and entrepreneurship, she found her calling in the real estate industry. Ana has cultivated thriving businesses throughout her career and honed her hiring and team management expertise. Her remarkable journey is a poignant testament to the power of resilience, courage, and unwavering faith in one's dreams as indispensable elements for attaining prosperity.
In this episode, we discuss the following: * Transformative world of immigration and its potential to carve new opportunities. * The art of crafting successful businesses within the challenging terrain of real estate. * The profound impact of mentors in bolstering personal and professional development. * How to cultivate a prosperous environment that drives growth and wealth generation. * Needs for a robust hiring mechanism and the relevance of personality assessments.
You can contact Ana by visiting https://www.kwlegacies.com/ or find her on social media.
Ana's Recommended Book List:
The Ideal Team Player - Patrick M. Lencioni Essentialism - Greg McKeown Emotion by Design- Greg Hoffman The Alter Ego Effect- Todd Herman Fierce Conversations- Susan Scott FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” __
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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
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Darcy White is a visionary real estate entrepreneur who possesses the remarkable ability to turn ordinary properties into thriving community assets. With an impressive track record of revitalizing neglected buildings, he has earned a reputation for delivering valuable and affordable housing solutions while making a positive impact on the communities he serves.
Equipped with an unwavering "no problem is insurmountable" mindset, he fearlessly navigates the challenges of property investment, establishing himself as an influential voice in the industry.
When he's not immersed in transforming the future of properties, you'll find Darcy passionately cheering for his favourite ice hockey teams, indulging in his off-duty role as an enthusiastic sports fan.
In this episode, we discuss the following: * Nuances of successful real estate investment and the fundamentals of property management. * Crucial role played by local teams in broadening your property management scope. * Effective strategies for managing difficult tenant situations and ensuring regular rent collection. * Financial measures to absorb unexpected renovation costs for aged properties. * The impact of governmental regulations on affordable housing and its ramifications on property investors.
You can contact Darcy by visiting www.darcywhite.ca or find him on social media.
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Glen Sutherland is an experienced Canadian real estate investor focusing on the US market. He grew up in a small town in Ontario and showed an entrepreneurial spirit from an early age. He started a landscaping business and later ran a screen printing company.
His interest in real estate investment was sparked when he recognized the potential of a townhouse purchase that resulted in a significant profit. Since then, he has steadily grown his portfolio through strategic investments, emphasizing the importance of education, networking, and maintaining a positive mindset. With his experience managing properties on both sides of the border, Glen provides valuable insights and lessons for aspiring real estate investors.
In this episode, we discuss the following: * Exciting venture into Canada and US real estate, unlocking hidden investment opportunities. * The vital role of ROE and loan-to-value ratios in making informed investment choices. * Secrets to a thriving real estate business through strategic delegation and team-building. * Rewards of maintaining a diverse real estate portfolio in mitigating risk and boosting profitability. * The power of continuous learning, meaningful connections, and a can-do attitude in successful real estate ventures.
You can contact Glen by visiting https://www.glensutherland.com/ or find him on social media.
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Dalia Barsoum is a highly experienced real estate expert and the founder of Streetwise Wealth and Streetwise Mortgages. She has a remarkable history of successfully funding over $1 billion in mortgage volume and overseeing over 2700 transactions, establishing her as a trusted and respected figure in commercial multifamily property investing.
Her expertise lies in utilizing innovative strategies and employing a data-driven approach to help investors navigate the ever-changing landscape and intricacies of the real estate industry. You can confidently pursue long-term goals in this dynamic field by relying on her knowledge and guidance.
In this episode, we discuss the following: * Profitable real estate investing methods for commercial multifamily properties. * Develop the expertise to design reliable exit strategies for your commercial multifamily investments. * Impact of interest rate variations on cash flow and decision-making for property investors. * Diverse financing alternatives for commercial multifamily real estate, including the advantages of CMHC loans. * The necessity of performing comprehensive due diligence when evaluating potential real estate market opportunities.
You can contact Dalia by visiting https://streetwisemortgages.com/ or find her on social media.
FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation.”
This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
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Ryan Carr is a successful real estate investor known for his ability to identify untapped opportunities in the market. With a background as a mechanic, he approaches property development from a unique angle.
Over a decade in the industry, Ryan has honed his land planning and property portfolio management skills. He encourages fellow investors to prioritize work-life balance and avoid burnout for long-term success. His innovative strategies and out-of-the-box solutions have earned him a reputation as an expert in maximizing property values.
In this episode, we discuss the following: * Actionable investment approaches designed for real estate success. * In-depth understanding of neighbourhood knowledge to pinpoint lucrative investment opportunities. * Innovative zoning techniques to uncover real estate potential. * Know-how to avoid burnout and skillfully oversee multiple properties. * How to strengthen your networking capabilities to foster beneficial real estate joint ventures.
You can contact Ryan by visiting https://www.thehighestandbestuse.com or find him on social media.
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Dylan Suitor is a realtor, real estate agent, investor, and entrepreneur renowned for his exceptional personal growth and development skills. Leveraging his innate ability to spot profitable investment prospects, he has successfully built an impressive real estate portfolio and guided numerous individuals toward similar achievements.
With an unwavering commitment to ongoing learning and self-improvement, he consistently ranks among the most highly-rated real estate agents in Oakville and Burlington. Beyond his flourishing real estate enterprise, Dylan finds fulfillment in mentoring aspiring entrepreneurs and investors, imparting invaluable knowledge on attaining financial prosperity through prioritizing personal development.
In this episode, we discuss the following: * Valuable knowledge of personal growth and development to drive financial success. * Process of smoothly transitioning from owning smaller properties to lucrative commercial multifamily investments. * Various financing alternatives for commercial multifamily properties. * Challenges and opportunities in the world of Canadian real estate. * Significance of uncovering off-market opportunities for a thriving investment portfolio.
You can reach out to Dylan by visiting http://www.elevationrealty.ca/ or find him on social media or email leads@elevationrealty.ca
The Business Results 2023 Event - Podcast code: "POD!1" for 20% OFF To purchase tickets: businessresults2023.ca FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation.”
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Mike Beer is a highly accomplished real estate investor who has triumphed over numerous obstacles in his relentless pursuit of financial independence. Originally from Poland, Mike Beer and his family immigrated to Canada, which eventually led him to uncover his unwavering passion for real estate investment.
With a focus on apartment buildings in Ontario, Mike wholeheartedly dedicates himself to empowering his investors to secure a prosperous financial future for their loved ones—an opportunity they genuinely deserve.
During our conversation, he generously shares his invaluable insights on striking a delicate balance between freedom and responsibility when entrusted with managing investors' funds, while also recounting his own personal journey towards attaining financial freedom.
In this episode 155 of the Well Off podcast, we discuss the following: * The powerful impact of comprehensive due diligence in real estate investment. * Harmonizing liberties and responsibilities in managing investors' capital. * Deal syndication and passive investing opportunities. * Recognizing the shifting landscape of the real estate sector amidst the COVID-19 crisis. * Acquiring knowledge on creating lasting wealth for generations with prudent real estate ventures.
You can reach out to Mike by visiting https://www.mikebeer.ca/
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Mark Yataco is a seasoned general contractor and real estate investor based in Toronto who specializes in cost-effective renovations for multi-family properties. With a keen eye for detail and a focus on durability and low-maintenance living spaces, Mark has successfully helped numerous investors achieve their financial goals. Through tailored solutions and strategic product selection, Mark guides investors in making smart decisions that yield maximum returns on their investments.
Combining a focus on long-term value and minimizing maintenance costs, Mark's expertise in sales and client service has made him a trusted partner for investors looking to scale their multi-family portfolios.
In this episode, we discuss the following: * Strategies to emphasize wallet-friendly renovations for multi-family properties. * Value-adding practices that increase your property investment's profitability. * How to acquire the skill to find credible contractors and craft detailed refurbishment financial plans. * The value of communication and adaptability in conquering the real estate investing realm. * How to discern the red flags that protect you from engaging with unsuitable contractor partnerships.
You can reach out to Mark by visiting https://www.markyataco.com/ or find him on social media.
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Kasey Wong started investing in real estate in 2003 with single-family homes and triplexes. Over the years, he transitioned to mid-sized apartment buildings in secondary markets like the Kitchener, Waterloo, Cambridge Triangle and St. Catharine's. With a background in banking and property management, Kasey has worked for major players like CIBC, TD Asset Management, Brookfield, and Cap REIT. Now, Kasey specializes in creating investment opportunities and raising capital for his real estate ventures. Casey's approachable, friendly demeanour makes him an excellent resource for sharing strategies. In this episode, we discuss the following: * The immense value of a long-term outlook in securing prosperity in real estate investing. * His methods to obtain funding and spark interest in investment opportunities. * Importance of maintaining steady cash flow while sidestepping the perils of acquisition expenses. * How to bolster your relationships with investors through trust-building techniques and reliable safeguards. * The need to investigate the merits of zeroing in on multifamily assets and shunning diversification.
You can reach out to Kasey by visiting https://cacoeli.com/ FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation” __ Did you like this episode? Please take a moment to subscribe and leave a review today! Youtube Spotify Apple Podcasts Instagram
Sam McDadi is a Canadian entrepreneur, real estate broker, and philanthropist. He has a unique and innovative approach to the real estate business. He continues to be one of the top ranking realtors in Canada and has been for many years. He has supported various charitable organizations and initiatives over the years. He’s an avid sports fan and can often be seen court side at Raptors games. On this episode, we discuss:
Does Sam’s wealth come from selling real estate or owning it?
How Sam started building a real estate investment portfolio
Does Sam still work with clients directly or delegate to his team?
Growing his businesses with partners vs on his own
Why he’s passionate about giving back to the community
Sam’s projections on the real estate market in 2023
What separates Sam from other people
His marketing strategies
Should you pay down your investment properties or leverage them
You can reach out to Sam by visiting https://mcdadi.com/
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Andrea and her husband John Paul began investing in real estate in 2009. Over the last decade they have grown their portfolio to consist of a variety of investment properties, including straight rentals, rent-to-owns, duplexes, commercial units and more recently pre-construction condos, cottage properties and joint ventures. In addition to these investments they both share a love for home renovations and have taken on extensive projects of their personal homes. Andrea manages their portfolio and is always very hands-on with renovations. On this episode, we discuss:
Working as a bartender in Toronto and Niagara Falls
Buying her first rental property in 2009 and doing a rent-to-own
How she dealt with the tenant from hell in a Hamilton duplex
Breaking down her current portfolio, including a 4000SF commercial unit, 2 cottages and more
Her experience with a pre-construction project in Niagara
You can reach out to Andrea on Instagram @andreamcdonald_homes
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Michael Ponte is the founder and President of Prosperity Real Estate Investments Ltd. He’s a real estate investor and entrepreneur who specialize in the acquisition, renovation and appreciation of numerous properties in Alberta.
Since 2001 Michael has built the Prosperity brand into a diversified investment and management company. Prosperity Real Estate Investments currently own over $10 million in cash-flowing real-estate assets primarily in residential and multi-family properties.
On this episode, we discuss:
Exiting his recent New Brunswick deal due to rent control
His recent commercial multi-family acquisitions in Calgary
The coaching and consulting he offers
Breaking down what he does every day
His thoughts on US investing and interest rates going into 2024
You can reach out to Michael by visiting prosperityinvestments.ca
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Mark began his real estate investing career in 2015 focusing on single family rehab projects. He then shifted to commercial multifamily in 2018, growing a portfolio of over $40 million in assets under management to date. Mark is the Co-Founder of Peak Multifamily Investments, a real estate fund management firm dedicated to helping Canadians grow their wealth through apartment building investing. In early 2023, Mark and his business partner completed the establishment of a private REIT (Real Estate Investment Trust) to enable eligible Canadians to grow their wealth. On this episode, we discuss:
Hiring a consultant to launch their REIT
A brief explanation of the fees they collect
Breaking down a recent 18 unit acquisition
Why they avoid smaller markets
You can reach out to Mark by visiting www.peakmultifamily.ca
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Monika Jazyk is a Real Estate Investment Specialist and Wealth Builder and Founder of RPI Education. She’s a driven entrepreneur who is passionate about helping people build wealth, through real Estate. On this episode, we discuss:
Why RESPs are unproductive
Why Monika sold most of her portfolio in 2020
How she has shifted her investment criteria
Why she’s exploring mid term executive rentals
Her Florida development project
You can reach out to Monika by visiting www.rpieducation.com
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Francesco Porretta was licensed as a Real Estate agent in 2008. He actively invests in Real Estate, Stocks and has renovated apartments, completed property conversions and many other renovations for over a decade to increase rental returns. He has recently started investing in Florida with a short term rental strategy. On this episode we discuss:
The beginning of his investment journey in Toronto, ON
Why he started exploring opportunities in Hamilton, ON
Converting his bungalow into a 2-storey by ripping the roof off
How he got into the Florida short term rental market
How he built his real estate sales team
You can reach out to Francesco by visiting porrettagroup.com
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Martin and Lyne are real estate investors specialising in self storage and assisted living facility developments in the United States. Early on in their real estate journey, they became the top producer of off-market multifamily opportunities in New Brunswick, focusing on wholesaling, BRRRRs with OPM, flipping and STR. On this episode we discuss:
Acquiring an investor VISA and how they could help others do the same
Why they moved to Las Vegas (from New Brunswick)
Why they moved away from buy and hold and went into self storage
Breaking down the assisted living investment model
The importance of thinking big
You can reach out to Martin and Lyne by visiting meilypropertysolutions.ca
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Victoria has over 18 years of experience in real estate investing, and now business acquisitions with her newest venture “a waterfront motel in Nova Scotia”. She’S an experienced leader, having served in the Canadian Armed Forces for over 21 years. She’S also very active in the real estate community. On this episode, we discuss:
Growing up in a military family
The start of her real estate portfolio and why she had to rent her house
Why she invests in Nova Scotia
Her exciting new motel project
You can reach out to Victoria by visiting www.cluneyco.com
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Evan Ungar is a performance-driven entrepreneur. He’s currently a partner at Choice Renovations Canada, Tuk Developments, and Tuk Capital. Evan broke two Guinness World Records for the highest standing jump. He owns multi-million-dollar holdings in the Greater Toronto Area (GTA). Jordan King has set up several successful companies since 2011 and is a partnered with Evan on the companies mentioned above. On this episode, we discuss:
How the real estate and entertainment industries intersect
How music is an asset class
Where Evan and Jordan are investing today (where the opportunities are)
Their real estate investment criteria
What their roles are within the companies
You can reach out to Evan and Jordan by visiting tukcapital.com
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Hussein Kudrati is a well travelled lawyer and entrepreneur. Hussein grew up in Kenya and eventually relocated to Canada. He’s currently a real estate lawyer based out of Burlington, ON and specializes in working with real estate investors. Hussein is also a passionate golfer and fisherman.
On this episode, we discuss:
Using bear trusts
3 tier corp structure for real estate
Estate planning and how to save significant amount on taxes
Why Title Insurance is important
You can reach out to Hussein by visiting hsklawfirm.ca
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Shannon Sullivan graduated from Sheridan College with an advanced diploma in Interior Design, and shortly after became a certified Home Staging Expert. Her passion for design led her to the housing and real estate market. Shannon, along with her partner Tobias and their three Bulldogs are based out of Burlington, Ontario.
Tobias’ path into the real estate industry was a bit unconventional. Following college, Tobias entered the construction field, but shortly after realized his passion was in sales. Shannon and Tobias are both full time realtors and investors. They primarily focus on the Hamilton and Burlington markets. On this episode we discuss:
Tobias house hacking in Hamilton, ON in 2008 without any experience
Growing the portfolio using a private loan
How Shannon got interested in real estate investing
Why they shifted their strategy from buying cheap buildings to nice ones in Burlington, ON
How they analyze their deals
Why it’s important to have cushions in their bank accounts
You can reach out to Shannon and Tobias @shannonforhomes and @trsmulders on Instagram
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Cory is a successful real estate entrepreneur and investment coach in Kelowna, British Columbia. He’s been investing in Canadian Real Estate for 22 years and is an expert on multifamily investing. Cory focuses heavily on acquiring projects with significant upside potential. He has purchased 10 apartment buildings in the last decade with a value exceeding $25 Million. On this episode, we discuss:
Why Cory lives in BC but invests in Edmonton
Recent apartment building project case studies
Refinancing multifamily buildings and why you need to be cautious
Having substantial reserve funds
Managing partner expectations
The 6 Pillars of Multi Family Investing Course
You can reach out to Cory by visiting https://altynequities.com/
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Elizabeth Kelly is a long time investor, she bought her first investment property in 2005. In 2008, Elizabeth took Rich Dad Poor Dad real estate courses and realized they now owned some properties that were no longer cash flowing. They shifted to RTOs until they slowly sold them off. She has successfully flipped, wholesaled, duplexed, renovated, and re-financed dozens of properties. Elizabeth started guest speaking for Rich Dad Canada in 2010 and became company trainers in 2012. On this episode, we discuss:
What Elizabeth did to turn her negative cash flow properties around in 2008
Common challenges her investor clients are facing
Why many investors “hoard” properties and how that can hurt them
How she has repositioned her portfolio
The importance of health and the freedom you get from running your own business
You can reach out to Elizabeth by visiting http://www.ekconsulting.ca/
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Dan McMullen is a High School Teacher in Markham Ontario. He currently hold 3 rental properties and is the Host of The Cashflow Crew Mastermind Group. On this episode, we discuss:
Flipping a switch at 40 years old - deciding not to just work for a pension
Being intentional with time - why it’s important to have partners, setting time aside for family
Why he’s investing and his short term goals
What he’d like his gets to get from his journey
You can reach out to Dan by visiting https://cashflowcrew.ca/
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Jesse Fragale is a realtor with Avison Young commercial. He’s also a real estate investor and has been investing in real estate for over 10 years with a focus on multiresidential properties. Jesse’s also the host of the “working capital” real estate podcast and provides real estate content on his YouTube channel. He holds and MBA and Master of Laws from the University of Toronto. On this episode, we discuss:
Market analysis - commercial perspective
How Jesse is sourcing deals today
Foreign buyers ban
Exploring the Orlando market
You can reach out to Jesse by visiting https://www.youtube.com/@JesseFragale
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Dan & Nick are real estate investors and professionals that aim to educate and build a national community of the next generation of Canadian real estate investors. Their podcast is data driven and aims to provide valuable truths about investing that is enjoyed by a monthly audience of 50,000 and growing. On this episode, we discuss:
How they were approached by the Canadian investor podcast network
Why they choose to podcast
We discuss Ontario data, including GDP and immigration
Why immigrants may avoid Ontario
You can reach out to Nick and Dan on instagram @mybuddynick and @danielfoch
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Alla Ladygina and Sharon Caetano are Ontario real estate investors that recently formed the Canadian Real Estate Women’s Association - a non profit association registered at a federal level. On this episode, we discuss:
Sharon and Alla’s backgrounds and real estate investment journeys
How Sharon got involved in real estate sales
Balancing being moms, career women and investors
Being the only woman at an investment club
How the Canadian Real Estate Women’s Association benefits women
You can reach out to Alla and Sharon by visiting crewa.ca
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Michael Zanzini is the Lead Mortgage Agent at BM Select and has been working primarily with investors for over 8 years. He manages portfolio structuring and strategic sessions for investors. On this episode, we discuss:
The recent rate announcement and the impact he’s seeing
40 year amortization - will it be available soon?
Strategies to lower monthly mortgage payments
Special mortgage programs (net worth and self employed programs)
Benefits of working with TD and recent changes with Scotiabank
Financing properties owned in HoldCOs
You can reach out to Michael by visiting https://www.bmselect.ca/
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Alfonso Salemi is the co-founder of JAAG Properties. They specialize in Rent to Own and have had over 240 successful projects. JAAG works with mortgage brokers, realtors and tenants to conduct a successful rent-to-own. On this episode, we discuss:
Growing the company to 8 full time employees
Today’s market impact on RTOs including higher rates
What happens if appraisals come in below the pre-determined purchase price
The 3 components of a successful RTO
How realtors can work with JAAG
You can reach out to Alfonso by visiting https://jaagproperties.com/
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Over several decades, Darcy has owned over 240 doors and dealt with hundreds of tenants. In the last few years, he realized he wasn’t happy managing such a large portfolio, so he decided to sell off his rentals. Since then, he’s been able to travel and spend more time with family. This has led to an improvement in his lifestyle and to overall happiness. On this episode, we discuss:
The funny reason behind why his kids aren’t interested in real estate investing
Why you should focus on one of three aspects of new construction (zoning, land development and construction)
The five areas of focus in his life
Advice he would give to his 25 year old self
Why having a large real estate portfolio won’t make you happy
You can reach out to Darcy by visiting https://www.hrrealestatementors.com/
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Thomas Pobojewski is a former Chartered Accountant turned Realtor and Investor. He followed in his father’s footsteps, got his real estate license and eventually found his passion in real estate investing. His primary real estate strategies focus on fix n'' flips and long term buy & holds. On this episode, we discuss:
How he’s been able to successfully flip properties in Mississauga, Brampton, Etobicoke etc.
How he manages to do 8-10 flips per year while selling real estate
Breaking down a new Brampton condo purchase and flip
How Tom finds off market deals
Using private capital to get ahead
You can reach out to Tom by visiting www.pobojewski.ca
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Liza Rogers is a real estate investor, property developer, and founder of the Women’s Real Estate Network, a British Columbia based group focused on creating community and collaboration. She has 25 years experience in global tourism and events, including management of international vacation properties. On this episode, we discuss:
How she became an accidental real estate investor
Breaking down a recent purchase of an 8 unit building in Victoria, BC
The unique structure and creative financing behind the acquisition
The importance of having a team around you
You can reach out to Liza by visiting www.wren.club
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Pierre-Paul is an apartment building investor in Edmonton, Alberta. He’s a former CMHC multi-family underwriter and a full time multi-family investor with a portfolio of 160 doors valued in excess of $22M. He has analyzed hundreds of apartment deals in three provinces and three territories. He’s also a speaker speaker and trainer on the subject of multi-family investing. On this episode, we discuss:
Why he’s increasing rents for the first time in 6 years
How inflation has impacted oil and gas and the Alberta real estate market
Cap rates, price per door for apartment buildings in Edmonton and Calgary
4 key risk factors during an acquisition
Why evictions are easier in Alberta
Potential risk of rent control based on the election
You can find out about Pierre-Paul’s workshop by visiting: https://www.multifamilyinvestingcanada.com/mfib-live-workshop-and-online-EB
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Jesse Bobrowski is the Vice-President at Calvert Home Mortgage Investment Corp. (also known as a MIC). Calvert is a private fund where investors buy shares and earn money through the interest and fees that Calvert obtains through its mortgages. On this episode, we discuss:
Expected annual returns for people that invest in their fund
What types of properties Calvert loans against
Jesse breaks down who can invest into their fund, their “redemption” model and their payouts
How Calvert determines the share price investors will be buying into
Why Calvert borrows money from banks in addition to investors’ funds
The rates they charge investors and their $20,000 downpayment program
You can reach out to Jesse by emailing him at Jesse@chmic.ca
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Robin Valadares is a Physiotherapist with over 10 years experience. He has become a financial literacy educator with the hopes of empowering health professionals to stop trading their time for money. Along the way, Robin has acquired real estate, stocks, fine art and wine! On this episode, we discuss:
How his working years in his industry are limited and his inspiration to reach financial freedom
The impact of our increased life expectancy on our finances
What he plans to do after he can no longer work as a physiotherapist
His investment journey, BRRR strategy and cities he invests in
How he’s helping other health professionals today
You can reach out to Robin by visiting financiallyfulfilledphysio.com
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Kwame Afrani is the owner and operator of Afrani Properties - a real estate investment company with investments primarily in Windsor ON and the daunter of GH Building Designers - an Ontario based Engineering and Architectural Firm with a specialization in home additions (duplex conversions, Garden Suites etc.) across Ontario. On this episode, we discuss:
His first real estate investment - a breakdown
The financing roadblocks he faced and how he got around them
The importance of reaching out for help and mentors
Using private financing to grow his portfolio
Purchasing 2 properties at once in early 2020
You can reach out to Kwame by visiting ghpminc.ca
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August Biniaz is a Real Estate Developer, Fund Manager, General Partner and the Co-founder of CPI Capital. The latter is a real estate private equity firm helping investors acquire in Multifamily assets. August was involved in the closing of over $208 million of multifamily assets. On this episode, we discuss:
Real estate private equity firms vs REITEs
Where CPI Capital is currently investing and why
The advantages of a syndication model
Compliance around a private equity firm in Canada vs USA
The benefit of working with an exempt market dealer
The structure of his limited partnerships
You can reach out to August by visiting cpicapital.ca
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Lorraine Jordan got into real estate when she was 18 years old. By the time she was 24, she had flipped two properties, did a rent to own, assigned a deal for 10k profit, severed land and owned 9 doors including a Commercial multi use building. She’s an agent with Keller Williams Co-Elevation Realty and Midland, ON and an active real estate investor. On this episode, we discuss:
Her journey as a real estate investor
Who should be buying a property outright
House hacking in today’s market
Buying 56 properties in 9 months
Time spent on personal development
The difference between average people and achievers
You can reach out to Lorraine by visiting teamjordan.ca
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Ribhu Rampersad is a full time real estate investor and cofounder of Olympus Properties Group. He focuses on "value add" acquisitions in Belleville, ON and the Quinte region. His recent acquisitions include several duplex conversion projects, a mixed-use commercial/residential property and several flips. On this episode, we discuss:
How he got started in real estate investing
Why and how he quit his full time job at Procter & Gamble
Why invest in Belleville and Trenton? The economic factors and other desirable traits
His recent mixed-use acquisition, the challenges he faced with financing and his development plans
You can reach out to Ribhu by visiting olympuspropertiesgroup.ca
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Christian Szpilfogel is an experienced real-estate investor and entrepreneur. He’s the Chief Investment Officer of The Aliferous Group with holdings in multi-unit residential and commercial properties. He believes in giving back to the community by spreading his knowledge and helping others develop their own personal wealth-strategy to success. On this episode, we discuss:
Why he transitioned to full time real estate investing in 2017
Breaking down his recent acquisition of a 3 property portfolio
CMHC underwriting and why it’s beneficial to get commercial financing
His strategy on successfully qualifying for CMHC underwritten mortgages
You can reach out to Christian by visiting www.aliferous.ca
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Neal and Chandler are 2 top real estate agents in Nova Scotia, Canada. Neal has a background as a mechanical engineer. They’re also multi unit investors with several properties in Halifax and Dartmouth. On this episode, we discusss:
Why they invest in Halifax and Dartmouth
Why are people moving to those areas?
Breaking down the multi unit market - cap rates, price per door, ARVs and rents
You can reach out to Neal and Chandler on Instagram @masterkeyspodcast
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Cody Yeh is a first-generation immigrant from Taiwan who came to Canada at the age of 18, went to university as an engineer, got a white-collar job and is currently a Stock & Options Coach, YouTube influencer and a real estate investor. On this episode, we discuss:
Stock option basics
Getting 1-4% returns per month
Investing in the S&P 500 and ETFs
Stock splitting and how you can benefit
Real estate fund and investments
Investing in Florida
Cost to build and ARV
Bowmanville Duplex conversion and Additional Dwelling Unit (ADU)
Cost to build and expected rents
You can reach out to Cody by visiting www.codyyeh.com
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Casey Grey is a custom home builder based out of Ottawa, ON. He specializes in creating energy efficient homes. He’s also a husband and father. On this episode, we discuss:
The benefits of using solar panels
Energy efficient heating - air source heat pump systems
R70 insulation and a technical breakdown
High performance homes, Net zero homes and passive homes
You can reach out to Casey by visiting www.theconsciousbuilder.com
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Patrick Francey: Owner/CEO of the Real Estate Investment Network/(REIN Canada) Since 2012, Real Estate Investor, Business Owner, Educator, and Coach Since 1984 Patrick Francey has been an entrepreneur and owner of multiple businesses. Patrick and his wife Steffany continue to expand their real estate portfolio while building and growing their businesses. On this episode, we discuss:
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The state of the economy
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Opportunities for investors
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Mistakes to avoid
You can reach out to Patrick by visiting www.reincanada.com
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Luca and Sal started investing in real estate when they were in university each purchasing a condo in Toronto. They are now building their real estate business full time with a focus on acquiring distressed properties throughout Southern Ontario to wholesale, flip or add to their rental portfolio. On this episode, we discuss:
Starting their wholesale business in 2019
Growing their business through google ads and direct marketing
Starting a construction business to compliment their wholesaling
Why they’re getting more calls from sellers as of late
Company breakdown - their roles within SLG and their employees
Number of deals completed and projections for this year
You can reach out to Sal and Luca by visiting www.slgpropertydeals.ca
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Paul Punnoose is a coach, student rental, multi-unit, wholesale and flip investor. His latest acquisition includes a 20 unit building which he purchased with a VTB (vendor take back mortgage). On this episode, we discuss:
How he got started in real estate investing
His wholesaling strategy - dealing with sellers in today’s market
Setting seller expectations during a decline
Not taking on overpriced properties
Breaking down the numbers on his 20 unit building acquisition
You can reach out to Paul on instagram @paul.punnoose
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Matt and Laura have been investors for almost 20 years and got their start in a short term rental cottage and later moved to student rentals and more recently, multi family. They’ve taken on large construction projects and provide higher end rental products to their tenants. On this episode, we discuss:
Managing a construction business and rental portfolio with 3 young kids
Costs associated with separating gas meters on a recent triplex project
Why they’re shifting their focus to multi unit investing vs student rentals
What they would do differently in 2004 (start of their investment journey)
You can reach out to Matt and Laura @Sidney_Investments on Instagram
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Brian Gordon is a Real Estate Investor, educator and mentor. Currently, his investment properties include duplexes and vacation rentals. Brian has over 22 years of education and experience in real estate investments, appraisals and property restorations. On this episode, we discuss:.
Starting out with duplexes and shifting to vacation rentals
Why having clear goals is very important at the beginning of your investment journey
How he’s able to invest while working full time
Numbers breakdown of a short term rental property in the Blue Mountain area (purchase price, rent, current value)
Recent triplex purchase and his plans to turn units around
Expanding into the Florida short term rental market
You can reach out to Brian on instagram @acquiring_wisdom
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Guy is the founder and president of Penguin Basement. Penguin builds, all types of spaces including a "Finish it Yourself" (FIY), personal use basement and Accessory Dwelling Units/Basement Apartments. Growing to serve all markets from London to Ottawa. On this episode, we discuss:
Basement conversions
Productive building - systems to renovate quickly
Creating a walkout separate entrance
Permits - all-in-one vs individual
E-gress windows - criteria and procedure
Finish it yourself solution for basements
How his business has changed in the last few years
Garden suites - general costs
You can reach out to Guy by visiting basementscanada.com
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Eileen Fauster is a registered Acupuncturist, Holistic Nutritionist and founder of Essential Balance Holistic Health, located in Woodbridge. She helps clients with a variety of health concerns: fertility and hormonal imbalances, digestive issues, food sensitivities, anxiety/depression, joint pain, migraines and chronic health issues. This is part two of two and on this episode, we discuss:
Dairy and milk - why it’s so hard for the body to digest
Cortisol - what spikes it and its relation to stress
Impact of coffee and caffein, including its affect on pregnancy
Marijuana - impact on the body
You can reach out to Eileen by visiting www.essentialbalance.ca
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Eileen Fauster is a registered Acupuncturist, Holistic Nutritionist and founder of Essential Balance Holistic Health, located in Woodbridge. She helps clients with a variety of health concerns: fertility and hormonal imbalances, digestive issues, food sensitivities, anxiety/depression, joint pain, migraines and chronic health issues. This is part one of two and on this episode, we discuss:
Fatty liver (alcohol, processed foods, fast food)
The relationship between the gull bladder and the liver
Animal fats vs fish
Alcohol - which type is the easiest for your body to process?
Carbonated drinks (Perrier, Sodastream, Bubly)
Sweetners (aspartame, stevia)
Nitrates (preservatives - cold cuts, fast food etc)
You can reach out to Eileen by visiting www.essentialbalance.ca
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Ian Poulin is a young investor, construction company owner and realtor. He does it all while working a full time job at Volkswagen. On this episode, we discuss:
How he juggles having a FT job and running 2 additional businesses
How he grew his construction business as a side hustle
Important things to note when hiring trades
Setting standards and making sure his construction sites stay clean
Creating systems to make sure trades work in an efficient sequence
Some of the tools he uses to manage his time and businesses
You can reach out to Ian by visiting ianpoulin.com
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Tammy DiTomaso was a self-employed Aesthetician for 17 years and at age 40 made a career change into real estate and investing. Tammy specializes in duplex conversions on the Hamilton Mountain, in Welland and in Brantford. She’s a wife and mother of 2. On this episode, we discuss:
How dinner with a friend lead to a career in real estate
The key to finding duplex conversion opportunities
Why the Hamilton Mountain is ideal for conversions
What’s on her “conversion checklist”
Her list of conversion deal breakers
The typical purchase price, reno costs, ARV and rents
You can reach out to Tammy on Instagram @tammyditomaso
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Jon Tenbrinke is the owner of Black Jack Contracting Inc. - a full service contracting company. They focus on working with investors to help meet there goal and make the process easy. Their primary market is Legal Second Suite construction and investment real estate construction Jon is also an electrician by trade and offers full service electrical contracting. On this episode, we discuss:
Completing 230+ duplex conversions since 2017
When you should vs shouldn’t get permits for construction
The process of fire separation between units
Splitting utilities
Gas or electrical appliances?
Underpinning vs bench footing
The recent increase in cost of materials
What to look for in construction contracts
Rough estimate on renovation costs per unit
You can reach out to Jon by visiting https://blackjackcontractinginc.ca/
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Ara is a structural engineer now real estate investor who started his own construction company and focuses on duplex conversions, multi-family properties and soon to be garden-suites in the Cambridge & Kitchener area. Ara also is an advocate and loves doing stock options trading. With being married and having 3 young children, Ara has juggled a lot in the past couple years but is seeing the rewards from all his hard work.
Getting fired a few days after transferring companies
Getting the investment bug and becoming obsessed
Studying and completing duplex conversions in Cambridge and Kitchener-Waterloo
Juggling family and work
Learning to delegate to free up family time
You can reach out to Ara on instagram @poladianconstruction
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With 31 years of real estate investing, Mathew has experience in residential, commercial, development, USA, & Belize property. His repertoire includes, flips, lease options, commercial buildings, new development projects & self-storage. On this episode, we discuss:
Buying 16 homes with his brother
Self storage pros, cons and cash flow
Why he likes strip malls and commercial real estate
RIP system (recession proof, internet proof and pandemic proof)
Mixed use and multi unit properties
Investing in Belize
You can reach out to Mathew by visiting rccsol.com
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Mike and Mark from Peak Property Investments have developed a proven system based on sound, strategic real estate investing principles. They are multi-unit (apartment building) investors in Southern Ontario. Many of their buildings are in Hamilton, Ontario. On this episode, we discuss:
Why Mike is still working after many years of investing
Buying value add properties with negative cash flow
Setting expectations around turning units over
Types of renovations in their units to maximize rents
Separating meters - does it make sense?
Staying up to date on commercial financing options
You can reach out to Mike and Mark by visiting http://www.peakpropertyinvestments.ca/
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Alex Pal is a returning guest and a real estate investor in the greater Hamilton region specializing in conversions and flips! He and his team specialize redeveloping single or multi-family properties throughout Southern Ontario. On this episode, we discuss:
Finding deals in today’s market
Current market
Buying for cashflow vs appreciation
Converting a single family townhouse into a legal triplex
Breaking down the process of underpinning
You can reach out to Alex by visiting https://palpropertysolutions.com/
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Andrew Choubeta from Choubeta Legal services is a licensed paralegal from Hamilton, Ontario. He specializes in landlord and tenant law and has a unique strategy when it comes to negotiating with tenants. On this episode, we discuss:
Focusing on landlord and tenant board matters
Andrew’s unique negotiation style that benefit landlords
Why it’s important to provide a renumeration to tenants during negotiations
How making a mistake on your eviction forms can cost you thousands
Why it’s beneficial to have a third party involved during an eviction
You can reach out to Andrew by visiting choubetalegalservices.com
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Nadeem Ahmed went from owning several retail stores in Mississauga and neighbouring cities, to selling it all and starting a new career in real estate. After completing a few rent-to-owns, he decided he wanted to build up his cash flow through student rentals. On this episode, we discuss:
Breaking down student rentals - what prices their paying, rents their getting per room
How to screen student tenants
What areas work well for student rentals
Why he likes Thorold and St Catharines
You can reach out to Nadeem at nadeem@rockstarbrokerage.com
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Nick Karadza went from the software industry to starting a brokerage with his brother Tom (who was interviewed on this podcast in the past). They were one of the first to bring the concept of rent-to-own to Canada. Unlike other brokerages, their only focus was on working with investors to help them live “their lives in their terms”. On this episode, we discuss:
Making $4,000 on his first flip in Mississauga
When start noticing an impact of your investing on your lifestyle
Balancing family and business
Creating an investment community
Why fiscal policies have driven home prices
How the government and lenders can tackle home affordability
Importance of staying fit and stress management
You can reach out to Nick by visiting www.rockstarinnercircle.com
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Gretchen Casey has 18 years of experience in the mortgage industry. She works specifically with real estate investors to determine their best financing options. On this episode, we discuss:
Breaking down monoline lenders
Working with alternative lenders to grow your portfolio
Programs based on net worth and liquid assets
Why you shouldn’t just go after the cheapest mortgage rate
Constructions loans and private lending
You can reach out to Gretchen by visiting https://gopineapple.ca/gretchencasey
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Andrew Eldebs is a land developer in Southern Ontario. He has traded and worked on multiple parcels of land. He has worked closely with municipalities to get variances, severances and more. On this episode, we discuss:
A recent land development project in Dunnville, ON
Bottlenecks in developing land
How he finds lands and evaluates opportunities
Completing due diligence during the conditional period
Option to buy agreements
Fill maps - brokering soil
You can reach out to Andrew by visiting https://landscoutinvestments.com
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Gary Hibbert is a full-time Real Estate Investor, Real Estate Agent, Author and Educator. In 2008, he made a decision that would be life-changing by purchasing his first investment property. Through hard work and dedication, Gary left the corporate world to become a full-time entrepreneur in 2014. On this episode, we discuss:
Private lending and passive investing
Funding the life you want vs having a number of doors
Market projections and fundamental investing
Why new Walmart stores can indicate a good place to invest
Tips on finding opportunities in this market
Why he doesn’t try to convince others to invest in real estate
Setting 100 goals
You can reach out to Gary by visiting www.smarthomechoice.ca
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Martin Kuev has been investing in real estate for over 10 years. He specializes in single & multi family residential properties and the BRRR strategy. He has previously worked for companies like Coca-Cola, Kraft Foods, Nestle and Philips. He’s also the broker of record of Keller Williams Legacies Realty in Vaughan. On this episode, we discuss:
Getting pushed out of the GTA
How 1 rental property can change your life
The importance of knowing your numbers and cash flow
Recent experience buying a 14 unit building in Hamilton
Getting squatters out after purchasing a partially abandoned building
Setting money aside for surprises
Tips on overcoming fear
You can reach out to Martin by visiting https://www.mkproperties.ca/
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Sandy Mackay is making another appearance on the Well Off Podcast. For those that don’t know, he’s a multiple business owner, including a property management company - Executive Properties Inc., a real estate brokerage - Keller Williams Legacies, a real estate investment company - Executive Properties Capital and more! On this episode, we discuss
Why they started buying larger buildings
How are they finding apartment deals
Exploring limited and general partnerships
How Sandy manages multiple businesses
How he picks his partners and why they’ve worked well for him
Seeking vs attracting people
Staying in shape and running marathons
You can reach out to Sandy by visiting https://mackayrealtynetwork.com/
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Jesse is the VP of Business Development at Calvert Home Mortgage - short-term mortgage lender in Alberta and Ontario. He focuses on creating solutions for Real Estate Investors through Calvert’s flexible mortgage options. Their goal is to provide options that will keep you coming back! On this episode, we discuss:
Getting financing on a property with only $10,000 down (all in)
Using Calvert mortgages to complete flips or BRRRs
How Calvert can help you purchase wholesale deals and close quickly
Case study with a $10,000 downpayment
How to succeed in a flip
What to avoid as a new flipper
You can reach out to Jesse by visiting https://chmic.ca/loans/
***Download Calvert’s flip analyzer by visiting www.welloff.ca/e96
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Erwin Szeto is a talented man to say the least. He founded a successful real estate team focused on investment properties, he manages a large real estate investment portfolio, he has one of the top business podcasts in Canada and runs the “Stock Hacker Academy”. He’s also a major contributor to the “Hamilton Basket Brigade”. On this episode, we discuss:
Why he started investing in real estate
Why he doesn’t JV
Advice for new realtors on developing a niche
Marketing systems
Running 3 successful businesses
Stock hacker academy
Erwin’s charity
You can reach out to Erwin by visiting www.stockhackeracademy.ca
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Jayson Lowe is the founder and CEO of Ascendant Financial. His team helps people “become their own banker”, a system developed by the late R. Nelson Nash. This strategy revolves around life insurance. On this episode, we discuss:
Advice Jayson received from his father that has always stuck with him
An overview of the “Becoming your own banker” strategy
How to use whole life to get ahead financially
How the banks use your money
Tax benefits while using a whole life policy
You can reach out to Jayson by visiting www.ascendantfinancial.ca
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Randall is an investor and realtor. He started off in the restaurant industry, even becoming the manager at The Drake Hotel. Things changed for him when he realized he could change his life by investing intelligently. He currently owns dozens of units in just a short few years. Randall holds properties in Peterborough, Oshawa, London and Toronto. On this episode, we discuss:
Getting started as an investor
Why he chose Peterborough
Growing through joint ventures
Randall’s due diligence process
Why he likes 10+ unit buildings
The things coaching have led to
You can reach out to Randall by visiting https://ontarioassets.com/
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Mary-Anne is the CEO of Red Apple Coaching and Consulting, she’s been on stage with Grant Cardone and many more! A woman of many talents, she also completed several Ironman competitions. Mary-Anne has gone from being homeless to being a CEO. On this episode, we discuss:
Where her passion for coaching comes from and seeing potential in others
The power of accountability
Having the courage and ability to fire her clients
The most important quality for growth
What Mary-Anne spends on coaching each year
You can reach out to Mary-Anne by visiting www.redapplecoaching.ca
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Mike is a full time truck driver and real estate investor! He started investing in Cambridge and later tackled the Hamilton market. He has successfully BRRR’d a bungalow on the Hamilton mountain by putting in a legal basement apartment. Mike has also been able to raise capital to fund his projects. On this episode, we discuss:
Running the numbers on a recent Duplex conversion and recent flip
Pros and cons of separating water meters
Importance of having multiple streams of income
How Mike has been working full time as a truck driver while flipping and BRRRing!
Why saving money won’t get you ahead
Benefits of documenting your journey on social media
You can reach out to Mike by visiting https://www.investedwithmike.com/
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Kasey has managed over 3,000 units including condo buildings, townhomes and plazas. In the past, he managed properties for companies like Brookfield Residential Services and CAPREIT. On this episode, we discuss:
Developing land, apartment buildings
Converting apartment buildings to condo units
Analyzing a $200M portfolio
Dealing with tenant problems
Running numbers on geothermal heating installation
Avoiding over renovating
You can reach out to Kasey by visiting www.cacoeliliving.com
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Michael Dominguez is the founder of Doors to Wealth Real Estate Group - a team of realtors focused on educating and assisting people in residential real estate. He bought his first investment property in 2008 after getting his license and continued to add to his portfolio for 10 consecutive years. He is also the author of Armchair Real Estate Millionaire. On this episode, we discuss:
Michael’s mentors and what he learned from them
Advice for newer investors
Why you shouldn’t buy the cheapest property
The importance of focus and building relationships with tradespeople
How to treat investing like a business
You can reach out to Michael by visiting armchairrealestatemillionaire.com
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Mandy is an advocate of strategic partnerships within the Real Estate Industry. She has used Joint Ventures to quickly grow her portfolio in the last 10 years. Mandy's goal is to make a difference in the lives of her partners Financial trajectory's for generations to come. On this episode, we discuss:
Buying properties across multiple cities in Ontario
The power of delegation and what that has allowed Mandy to accomplish
Her “Easy 10 Steps for JV Deal” - breaking down how to do complete your first joint venture
Why JV when you can borrow private funds?
You can reach out to Mandy by visiting https://mandybranham.com/
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Susan is a mom of 3, a prominent real estate investor, coach and speaker. She strongly believes in working on your mindset to achieve great things like creating generational wealth. As an investor, one of her accomplishments was purchasing 13 properties in 20 months! On this episode we discuss:
The importance of mindset
Hiring and delegating when tasks become less enjoyable
Dealing with tenants the right way to create a solid relationship
You can reach out to Susan by visiting millionairemom.ca
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Jack Bosch is the co-founder of the Land Profit Generator Method and the Land Profit Coaching Program with his wife Michelle. They’ve completed over 4,000 land flips, and over time also converted the flipping income into generational wealth through other real estate investments. On this episode, we discuss:
How to wholesale land in Phoenix for 5-45% of market value
3 types of land Jack looks for
How he finds off market land opportunities
Who he wholesales land to
How to begin investing from abroad (Germany, Canada etc)
Setting up systems to automate finding land
You can reach out to Jack by visiting https://www.landprofitgenerator.com
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Cherry is an accountant, entrepreneur, author and so much more! Her accounting practice specializes in helping Real Estate Investors reach their investment goals. On this episode, we discuss:
What is a joint venture statement and when would it be used
What should joint venture partners be aware of from a tax perspective
Can you write off a car under a hold co (real estate ownership)
Buying/selling stock options under a corp
Options trading - income vs capital gains
You can reach out to Cherry by visiting https://realestatetaxtips.ca/
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Andy is the founder of Suite Additions and focuses on adding secondary units or garden suites to existing properties. He’s a registered house and small buildings designer, investor and developer and holds a degree in Architectural Science. On this episode, we discuss:
Coming to Canada as a refugee
How being a home inspector helped Andy realize there was a need for information on legal secondary suites
Case study, converting a single family home into a triplex or fourplex
Zoning amendments vs minor variances
Discussing Bill 108 and garden suites
Laneway housing vs garden suites
Benefits of having a garden suite
You can reach out to Andy by visiting www.suiteadditions.com
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Shawn is an active investor who started at 25 years old! At the time, he was living paycheque to paycheque and wanted to find a way to get out of the rat race (like several investors I’ve interviewed!). He acquired several rental properties in the Niagara region and has recently started investing in Belize. On this episode, we discuss:
His financial struggles while growing up
Identifying that he had to work on himself to change his life
Why he spends time and started investing in Belize
Benefits to investing in Belize as a Canadian Citizen
Continuing to invest in Ontario and the benefits of the Niagara Region
You can reach out to Shawn at www.instagram.com/shawnrea
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Rene Masse is a successful Investor, Realtor & Coach. He’s been investing since 2009 and grew up with a father who owned rental properties! On this episode, we discuss:
Quitting his teaching job
Choosing between ‘security’ and ‘freedom’
Tips for people looking for JV partners and benefits for passive investors
How Rene finds great deals
Rene’s competitive advantage as a real estate investor
Why Rene likes the Kingston market
Tips for finding good tenants
You can reach out to Rene by visiting www.renemasse.ca
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Omar Khan is the Co-Founder of Theta Trading. Their goal is to help people achieve financial freedom by teaching them the foundations of trading stock options. After dabbling with stocks and owning several million dollars worth of real estate, he decided to create a program to help people learn about options trading. On this episode, we discuss:
How his family’s financial struggles led to his desire to become financially free
Buying 30 properties after joining REIN in 2008
Learning how to trade options
Identifying the most efficient investing opportunities
Real estate vs options, which works best for Omar
Amount of capital needed to start trading
You can reach out to Omar by visiting thetatradingco.com
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Ryan is an intern architect at Lanescape. He and Craig work with investor clients and homeowners to develop laneway suites in Toronto, Ontario. On this episode, we discuss:
Cost of building a laneway suite in Toronto
Expected monthly rental income from these suites once completed
Concerns for property owners and what challenges can come about
General property and zoning requirements
You can reach out to Ryan and Craig by visiting https://lanescape.ca/
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Patrick Francey is an educator, speaker, podcast host and the CEO of The Real Estate Investment Network (REIN). On this episode, we discuss:
How Patrick began investing in real estate
Purchasing REIN from Don R Campbell
The purpose and benefits of REIN
REIN’s vision for the future
What separates REIN from other investment groups
You can reach out to Patrick by visiting reincanada.com
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Aaron Moore is a multi-award-winning real estate investor and he is best known for having one of the most established house buying companies in Canada. Using a mix of wholesaling, fix & flips and long term holds, Aaron has built a successful real estate business. On this episode, we discuss:
Step-by-step breakdown of how to buy from a wholesaler
What fees to expect
Can you buy through an A Lender or do you have to use private financing?
Costs to generate leads for Aaron
What has been more effective to find off market deals, flyers or online ads?
What services separates Aaron from other wholesalers
You can reach out to Aaron by visiting https://www.gtahousebuyers.ca/
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James Burton is the co-founder of Percy Ellis which specializes in developing purpose built rentals in several pockets in Toronto. The cool thing about these rentals - they are substantially more affordable than market rents. On this episode, we discuss:
Creating affordability by design
Getting creative with layouts, bathrooms and utilities
How James oversees his projects and managing so many at once
Summarizing their GP/LP structure
The benefits of Geothermal heating and cooling - eliminating gas altogether
You can reach out to James by visiting www.percyellis.com
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Natasha Cultraro is a real estate investor and owner of Investor's Choice Property Management, Inc, based in Ontario, Canada. She and her family have recently moved to Costa Rica where she continues to invest while living the “Pura Vida”. On this episode, we discuss:
The worst problem she ever encountered and how she solved it
What happens if a tenant was living alone and passes away
What do you do if a tenant is being difficult when a property is listed for sale
How she qualifies tenants to ensure the best fit
You can reach out to Natasha by visiting www.icpmpros.com
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Jacob Perez is a Mortgage Expert with Synergy Mortgage Group who has many Canadians scale from 1-10 properties without needing a huge income. He’s been investing in real estate since he was 23 years old, and has built a 10M+ portfolio of multi-unit properties. On this episode, we discuss:
The importance of developing relationships with appraisers, lawyers and underwriters as a mortgage agent
Getting to know these contacts on a personal level
Summarizing blanket mortgages and who it can benefit
The benefits and details of extending your amortization
Financing 5-6 unit buildings
Tips of releasing equity from your rental properties
You can reach out to Josh by visiting synergymortgagegroup.com
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Josh Doyle is a 30 year old entrepreneur and real estate investor. While working for Mattamy homes, he decided he wants to escape the rat race. This led to him purchasing his first property (from the builder) in 2014. This purchase forced him to repair his credit and led to him identifying ways to create wealth through real estate. Today, Josh has 10 properties and 30 rental units, he has achieved financial freedom! On this episode, we discuss:
Working for Mattamy homes as a general labourer
Repairing his credit and purchasing a home without having financing in place
Break down of his recent Hamilton Triplex - removing 2 of the tenants, renovating and generating over $5,500 in monthly rent
Josh’s current projects - triplex and duplex conversion
You can reach out to Josh on instagram @joshdoyleinvests
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Martin Ouellet is a real estate investor and realtor. A former military man, Martin has an incredible history. He strongly believes in visualization and goal setting, and on this episode, we discuss:
Joining the military in his early twenties
Buying his first home in 2002, renovating and refinancing later
The importance of picking the right realtor - he interviewed 10 before selecting the right one
How he turned his first investment property into a brand new vehicle
Pros and cons of the Kingston market
Cap rates and price per door for multis in Kingston
You can reach out to Martin by visiting www.continuumservices.ca
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I’m sure you’ve seen his name somewhere over the past few months. Mark Loeffler has been a real estate investor since 2004, he’s a Youtuber, stocks investor and so much more. His real estate experience includes rent to owns, triplexes, large apartment buildings and everything in between. He also invests in restaurants and other businesses. On this episode, we cover 3 major points:
-
Options trading - how to creating $10,000 of income per month through it
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Bit coin, gold and other precious metals - Mark’s thoughts on these
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Real estate - why Mark sold 7 of his buildings earlier in 2021 and why he’s investing in Alberta
You can reach out to Mark through his Youtube channel https://www.youtube.com/channel/UCe4G-ZeNOU66mLcaO0Ewb0w
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Jared has been investing in real estate since 2012. He focuses on acquiring discounted properties outside of the GTA and transforms them into cash flow positive money makers. He recently joined the building stack team - a property management software company headquartered in Montreal, Quebec. On this episode, we discuss:
How his investment journey started and why he chose Niagara Falls while living in Montreal, Quebec
What Jared looks for and the 1% rule
Why he BRRRs properties in Peterborough and buys multi-units in Hamilton
How he’s able to manage his portfolio while living in another province
How Building Stack can help landlords
The benefits of disconnecting your personal life from your tenants
You can reach out to Jared at jared@buildingstack.com
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Brooke went from being a stay-at-home mom to having a corporate job to becoming a financially free real estate investor. She continues to work as a management consultant while expanding her real estate portfolio. She was able to replace her consulting income in 3 years and be financially free in 4! On this episode, we discuss:
Being a stay-at-home mom for 10 years then going into corporate
How and why she got into rent-to-owns
Breaking down the benefits of RTOs for tenants and investors
Duplex conversions vs RTOs
Breaking down different types of private lending including equity sharing
Why Brooke prefers NOT working with a mortgage broker for private lending
Brief description of promissory notes
Brooke’s new book: https://www.amazon.ca/FINANCIAL-FREEDOM-ROYAL-WAY-Commandments/dp/1772773891
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Chris has had several careers, including a contracting business, an IT business and a full time real estate investment business. He’s been doing the latter since 1992. He’s a specialist in the BRRR strategy (buy, renovate, rent and refinance) with a focus on maximizing property values through legal conversions and now, garden suites. On this episode, we discuss:
His journey from being a licensed contractor, IT specialist to real estate investor
Why he sticks to low risk, boring renovation projects
Chris’s 3 buckets of real estate renovations
Adding 2nd suites
Diving into the costs and returns on garden suites
Top ups (adding 2nd storeys to bungalows)
You can reach out to Chris by visiting blueorchardpropertygroup.com
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Mélanie and Dave Dupuis own and manage over 200 units. They set big goals when they first got together and have far exceeded their expectations. On this episode, we discuss
Selling their smaller properties
Looking to invest outside of their local community, North Bay
Getting into larger residential properties (10+ units)
What parameters they look for in investment opportunities today
Allowing their kids to take over the portfolio or do something different altogether
What results have come from their social media success
Delegating and leveraging to grow
You can reach out to Mel and Dave by visiting www.dupuisproperties.com
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Darcy Marler has been investing in real estate since 2001. He’s dabbled in almost every real estate investment strategy, including land development, new construction, condo conversion, long term rentals, BRRRR, and fix & flips. He’s owned more than 90 properties and 240 units over his investing career. Darcy’s currently focused on land development and new construction in Dallas, Houston and parts of Florida.
Darcy’s advice to his younger self
Why he chooses to focus on new construction
Why he’s selling all of his buildings and properties
The benefits of building in Texas compared to Calgary
The types of properties he focuses on building today
His advice to investors that are constantly striving to grow
You can reach out to Darcy by visiting https://www.hrrealestatementors.com/
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Bradley is a Real Estate agent, investor and proud podcast host! He’s also a father of two and works with his wife Sandra. On this episode we discuss:
Launching his podcast in February 2020
How to grow your podcast and YouTube audience
His sweet spot for episode releases per week
Seizing the opportunity when others are pulling back
The current real estate market and strategies for buyers and sellers
Tips to raise capital and build relationships with investors
You can reach out to Bradley by visiting https://pages.watsonestates.ca/
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http://welloff.ca/
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Mike Johnson is a full time real estate agent and entrepreneur representing Mackay Realty Network. After earning an MBA and working in the corporate world, he decided get his real estate license. He has since acquired 30+ doors, worth over 10 million dollars while selling dozens of properties each year. On this episode, we discuss:
Learning about wealth from his Lebanese neighbours in Halifax
Focusing on real estate sales and how that leads to investment opportunities
Showing prospective partners ongoing and completed projects
Why he went from investing in single family homes to multi units
Breaking down two of his current projects (purchase price, ARV, rents etc)
You can reach out to Mike at mike@mackayrealtynetwork.com
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Tim Blake is a Real Estate investor and Commercial REALTOR from Grande Prairie Alberta. He picks and chooses properties with substantial cashflow. Tim has also completed private financing, flips and land development. He’s been investing in Grande Prairie since 2002.
Tim’s NHL aspirations as a child
Why he chose to focus on commercial real estate
The benefits of investing in multi-unit commercial
Cap rates & garget ROIs in the Grande Prairie region
The impressive cash flow possibilities and replacing your income
How to protect your assets in case of a downturn
The advantages of commercial real estate (passing on expenses to tenants)
You can reach out to Tim at tim@conquestdevelopments.com
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Chad Guziewicz is the co-founder of Rentify, a tenant screening solution for landlords. He had a bad experience with a tenant at his rental property which led to him wondering how he can improve the tenant screening process. Rentify simplifies things by allowing you to find a great tenant right from the start. On this episode, we discuss:
Rentify’s relationship with the Fintec industry
The landlord’s access to 12 months of the prospective tenant’s bank statements
How Rentify saves the landlord and the tenant time
How it is a cheat-proof system
Why you should use it in combination with hiring a property manager to find tenants
Setting up an application as a landlord
You can reach out to Chad by visiting https://rentify.house/
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Jamie and Leslie Collard are Real Estate Investors that bought their first rental property in 2017 and now own more than 200 units! Their main focus is on multifamily apartment buildings. Their properties are located in Brantford, Hamilton, Woodstock and now, New Brunswick. On this episode, we discuss:
Growing up in Burford, ON
How they went from buying small multis to large apartment buildings
What do they look for in apartment buildings
Why and how they started investing in New Brunswick
How they leverage RRSPs and TFSAs for real estate investment purposes
How they approach tenants with a cash for keys proposition
You can reach out to Jamie and Leslie by visiting collardproperties.ca
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Alex is a realtor and real estate investor located in Hamilton, ON. His company, Pal Property Solutions, buys and renovates properties throughout Southern Ontario. On this episode, we discuss:
Alex’s recent 8 unit apartment purchase
Addressing structural issues and reconfiguring unit layouts
Putting a 2nd storey addition on his bungalow
Flipping the worst hoarder house in Hamilton
Changing the use of one property from commercial to residential
You can reach out to Alex by visiting http://www.palpropertysolutions.com/
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Cliff Ford with Skyview Realty specializes in the sale of apartment buildings throughout Ontario. He has been involved in the sale of over 200 residential buildings throughout his real estate career. On this episode, we discuss:
Challenges in multi-res during the pandemic
Contacting some tenants on a monthly basis to discuss payment plans
Seeing multiple offers on larger buildings
Apartment building environmental deficiencies, structural issues and work orders
VTB terms in this market
Why you should have coin-op laundry
Important things to consider during your due diligence period
You can reach out to Cliff by visiting skyviewrealty.com
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Lisa is a real estate investor, mom, wife and entrepreneur. She is also a talent management expert and executive coach. Her and her husband invested in real estate to help exit a 25-year career in corporate. On this episode, we covered 3 major points:
Overcoming overwhelm (lack of clarity, taking a step back, shift in behaviour)
Self Confidence (high frequency mode)
Moving through fear (comfort zone vs learning zone vs danger zone)
You can reach out to Lisa by visiting www.greenappleconsulting.ca
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Michael Ponte from Prosperity Real Estate Investments Ltd is an active residential & multi-family investor with over 20 years of experience. His portfolio includes over $30 Million dollars of real estate. Michael is investing across Canada in markets like Edmonton, Halifax, New Brunswick, Calgary and more. On this episode, we discuss:
Buying his first multi-unit in 2010
Michael’s strict criteria when searching for buildings in other markets
Always having an exit strategy prior to purchasing
How to manage properties in other markets
The importance of having a local team
Priorities and action steps when acquiring a building to increase NOI
You can reach out to Michael by visiting http://prosperityinvestments.ca/
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Elizabeth has been investing for over 15 years and has a passion for helping people achieve their financial dreams through the purchase of investment properties. Her portfolio includes Rent to Own and multi-unit residential properties. She also has a property management company - Sandstone Management. In addition, she’s a coach! On this episode, we discuss:
Why she decided to invest in multi-family rather than single family homes
Taking real estate courses for 1.5 years
Why her and her husband started investing in Kirkland Lake
Working with your spouse, getting on the same page & setting goals together
Tenant profile in Kirkland Lake
You can reach out to Elizabeth by emailing her at elizabeth@ekconsulting.ca
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James Knull has invested in real estate for 11+ years. He’s also an investor focused realtor. James has a personal portfolio of over 250 doors in the Edmonton Area. On this episode, we discuss:
Selling smaller properties to acquire multi-units
The 3 things James looks for in a multi-family investment property
Pros and cons of investing in Edmonton, Alberta
Why the Edmonton market was flat the last 5 years
What your money can buy in Edmonton
Rental rates for different property types
Typical tenant profiles
The advantages of landlord and tenant laws in Alberta
You can reach out to James by visiting https://www.MogulRG.com
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Eric Upchurch is an Army vet who has a passion for educating the military community on how to create long term wealth through real estate investing. He went from the army to educating himself on general partnerships and real estate investing in general. Through his knowledge, he’s been able to acquire hundreds of doors. On this episode, we discuss:
How to start a general partnership
Biggest obstacles in a GP/LP structure
Investing in 80+ unit buildings
Pros and cons of having a GP vs a Joint Venture
How he’s contributing to ending military veterans homelessness
You can reach out to Eric by visiting https://www.activedutypassiveincome.com/
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Kyle is an insurance broker with Acumen Insurance Group. He’s been at it for over 10 years now. He got a diploma in insurance from Mohawk College, so you know when it comes to insurance, he means business! On this episode, we discuss:
Why it’s important for your tenant’s to get liability insurance
Rental income replacement programs for non-paying tenants
Insurance coverage for drug operations (marijuana etc)
Knob and tube/Aluminum wiring coverage
Clay sewers & other plumbing
Home insurance for AirBnB
Student rental/rooming house insurance
You can reach out to Kyle by visiting http://rentalpropertyins.ca/
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http://welloff.ca/
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Robinson is the son of the inventor of the Smith Manoeuvre. He is also a financial strategist, speaker and the best-selling author of Master Your Mortgage for Financial Freedom - a book on the wealth creation strategy known as The Smith Manoeuvre. He educates Canadian homeowners on how to create wealth from their mortgage. On this episode, we discuss:
How to turn your primary residence into a tax deductible asset
Tips and tricks to reduce your tax liabilities
Leveraging the smith manoeuvre to pay down your mortgage, reduce the amortization and increase returns
A practical example
You can reach out to Rob by visiting http://smithman.net/
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Ryan Carr is a full-time real estate investor and specializes in finding a property’s highest and best use. He takes pride in finding hidden opportunities and creating deals rather than waiting for them. On this episode, we discuss:
Infill developments
Ryan’s new projects - low rise apartment buildings
What yield he looks for in every deal
Getting creative when there’s little inventory
Cash for keys - breaking down the process
How Ryan is able to analyze 100 deals per week
You can reach out to Ryan by visiting www.TheHighestAndBestUse.com
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Candice is a realtor, Certified Money Coach and real estate investor from Winnipeg, Manitoba. She specialize in helping people take control of their future through marketing, sales and wealth creation. On this episode, we discuss:
Starting young, her husband bought his first rental property at 17
Investing in rural areas, population of 1,500-15,000, approximately 45-60 minutes away from Winnipeg
The price point and advantages of investing in the Winnipeg area
How to get 100% loan to value using credit unions and private 2nds/VTBs/RRSPs
You can find out more about Candice by visiting http://www.investorsmarts.ca/
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Edna Keep is a former Financial Planner. She started investing in single family homes in 2007 and quickly shifted to multi units. Her and her husband currently own $65M in Real Estate assets using other people’s money. Edna has also been coaching real estate investors since 2014. On this episode, we discuss:
Selling mutual funds and hearing her clients talk about real estate investing
Setting a goal to acquire 50 doors in 18 months
The five-step investor attraction system
The mindset shift required to achieve bigger goals
How to create $5,000/mo in passive income
How to have your vendor take back offer accepted
Why you should get CMHC financing
Why you should share your deals with partners
You can reach out to Edna by visiting www.ednakeep.com
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Mat is a real estate agent and investor in the Kitchener-Waterloo region. He became a self made millionaire by 28 and multi millionaire by age 30 - all from real estate investing! In addition to his real estate success, he has over 18,000 subscribers on YouTube! On this episode, we discuss
Building a system around flips
Selling part of his portfolio to do private lending
Generating business from YouTube
Converting social media leads
Leveraging to grow his business
You can learn more about Mat by visiting https://www.youtube.com/channel/UCsUM_ZcpCv7WAL-hmhrkPqw
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Gino Was Working 7 Days A Week Running a Pizzeria in New York. His customer Jake decided to move to Tennessee and that led to the birth of their partnership. They bought their first 25 unit building and scaled up from there. On this episode, we discuss:
Growing up in New York, running a pizzeria
Purchasing a 25 unit building in Knoxville, TN
Learning how to outsource and delegate
Dealing with multi family operational inefficiencies
Tips of decreasing expenses
Improving tenant profiles
Owning 1,500 units and counting
You can reach out to Gino by visiting http://www.jakeandgino.com/
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Dave Dubeau is a Real Estate Entrepreneur, Author and Speaker based in British Columbia, Canada. He began his real estate investing career in 2003 doing 18 deals in 18 months. Nowadays he invests in multi-family properties. On this episode, we discussed:
Growing up in a small town in British Columbia
Breaking down Dave’s 5 Step Money Partner Formula
How not to raise capital
What email campaign managers to use
How to create a solid brand and trustworthiness with partners
You can find out more about Dave by visiting http://www.investorattractionbook.com/
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Quentin D’Souza is a long time Real Estate Investor in the Durham Region. He’s a former Teacher and holds two university degrees, which includes a Master’s in Education. His company, Appleridge Homes, uses the Buy, Fix, Refinance, and Rent strategy on long term rental properties in Ontario. He also invests in rental properties in Florida. On this episode, we discuss:
Dealing with non paying tenants during the eviction ban
Payment plans
Fire and unit inspections
How to protect yourself from inheriting non paying tenants
How to get rid of a bed bug problem in a building
Vendor Takeback Mortgages during a seller’s market
And so much more!
Quentin’s new book: http://www.actiontakerrealestateplanner.com/
$10 coupon code: Georges
You can reach out to Quentin by visiting http://educationrei.ca/
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Jules Mckenzie has been investing in Real Estate for over 18 years with the buy and hold strategy. He has acquired over 50 properties but is currently holding on to 14. He is also a police officer with the Rama Police Service, which polices Casino Rama and the Rama First Nation. On this episode, we discuss:
Growing up in Lake Kipawa, Quebec
Policing for 31 years
The early mistakes he made as an investor
His introduction to REIN
Breaking down some of the investment fundamentals taught in REIN
Purchasing 38 townhouse in Orillia
You can reach out to Jules on instagram @mckenzie.jules
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Gavin Cheung is Vice President of CentreCourt. He oversees major condo developments like “The Forest Hill Condominiums”, “55 Mercer”, “Transit City” and several other projects. CentreCourt is one of the top developers in the Greater Toronto Area. On this episode, we discuss:
His responsibilities as Vice President, including acquisitions and negotiations
Transit City (Vaughan) and their partnership with Smart Centres REIT
Development plans in Vaughan, ON
COVID construction and sales challenges for new condos
Current state of the economy and sales numbers for new condos
You can reach out to Gavin by visiting centrecourt.com
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Oliver Manalese runs a leadership consultancy. He helps successful entrepreneurs who feel spiritually bankrupt build a purpose-driven lifestyle business. The focus of Oliver’s work is getting clients from overwhelmed, burnt out, and disconnected, to building a life and business that is meaningful, satisfying, and makes an impact On this episode, we discuss:
Having a corporate job, making good money and deciding to leave that behind
Starting an RTO investment business at 23 years old
Becoming a coach
Helping entrepreneurs identify a sense of being
You can reach out to Oliver by visiting https://olivermanalese.com/
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Scott Dillingham has helped thousands of investors qualify for rental property financing. As the owner of LendCity Mortgages, he’s created an “unlimited investor property purchasing roadmap”, all with A lenders. On this episode, we discuss:
CMHC Flex Down program (downpayment rebate on property purchases)
Credit union financing vs traditional banks
How to get unlimited property financing with the best rates
Mortgage penalties and how to avoid surprises
You can reach out to Scott by visiting https://lendcity.ca/
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Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments – a nationwide provider of turnkey cash-flow investment property. His mission is to help 1 million people create wealth and passive income and put them on the path to financial freedom with real estate. He’s also the host of the top-rated podcast – Passive Real Estate Investing. We discussed:
Buying his first rental at 18 years old
Moving to California in 1998 during the dot com era
Investing out-of-state and what he looks for
Having a top down approach (identifying a market, a neighbourhood then the property)
5 key people to make out-of-state investments possible
You can reach out to Marco by visiting https://www.noradarealestate.com/
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Pierre-Paul is a multi-unit real estate investor that focuses on apartment buildings. He is a former CMHC multi-family underwriter and has a portfolio of 130 doors valued in excess of $20M. He has analyzed hundreds of apartment deals in three provinces and three territories. On this episode we discuss:
Growing up in a family of 12 children
Working with CMHC as an underwriter
Three ways to make money in multi-units
Advantages of large multis and the margin for error
The important of your reputation with multi-unit lenders
Expected financing/acquisition expenses
Pros and cons of conventional vs CMHC insured multi-unit loans
You can find out more about Pierre-Paul by visiting https://www.multifamilyinvestingcanada.com
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Kaush is a Chartered Professional Accountant (CPA). After the birth of his daughter, he realized that he didn’t have a solid plan for his family’s financial future, so he turned to real estate investing. He joined REIN and spent the next 5 years building a real estate portfolio of 11 properties! In 2019, at the age of 42, Kaush was able to replace his income and leave his job to become a full-time real estate investor. On this episode, we discuss
Working at a golf course at a young age, being around successful people all the time
Becoming a CPA
Joining REIN and realizing he can build wealth through real estate
Buying his first rental property in 2014
Purchasing 2-3 properties per year after his first
Retiring in 2019
His recent infill development project to build a purpose-built duplex using a modular building
You can reach out to Kaush by emailing him at: knanubhai@gmail.com
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Russell Westcott is a husband, father, real estate entrepreneur & author known as the #JVJedi. He built his first million-dollar real estate portfolio within his first year of real estate investing. Russell is also the co-author of 2 best-selling Canadian real estate books. On this episode, we discuss:
Growing up in a small town in Saskatchewan
Buying an investment property before a primary residence
The JV Jedi mindset
Giving without expectation
Always looking to create a win for your partners
Understanding the emotional side of your partner’s goals
Russell’s ABC model (attract, build, create)
You can learn more about Russell by visiting https://russellwestcott.com/
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Cherry Chan is an accountant that started her career in 2003.
She joined The Rock Star Real Estate family and specializes in working with real estate investors, developers, property managers, contractors, realtors and small business owners. On this episode, we discuss:
Her top cloud based accounting apps for real estate investors (Plooto, Wagepoint, Quickbooks Online, Hubdoc)
Corporations and joint ventures
Incorporation for realtors, who should do it?
Advantage of using corporations for buy and hold vs flipping
You can learn more about Cherry by visiting http://realestatetaxtips.ca/
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http://welloff.ca/
https://www.instagram.com/welloffx/
Tom Karadza is the co-founder of Rock Star Real Estate, a brokerage I worked for in the past. He and his brother have built a business around helping real estate investors find great opportunities. I had the pleasure of speaking with Tom about:
Inflation and the economy
The importance of buying assets
Why he quit his job
How Rock Star Real Estate came to be
The advantages of being Canadian
Qualifying for mortgages at this stage of his life
The Last Dance documentary
You can learn more about Tom and Rock Star Real Estate by visiting https://rockstarinnercircle.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Dana Kandalaft is the founder of the NFP organization Tight Knit Syria, which she started after a spontaneous trip into northern Syria. Dana's parents moved from Syria to Canada in 1990 where she was born and raised. Tight Knit Syria contributes to a solution to the refugee crisis in Syria while staying connected to her parents' homeland. Whether she is in the Middle East or in Canada, or anywhere in the world, her focus is to help build community, contribute to a sustainable future, and help create an economic bridge for women in refugee camps. We discuss:
Summer trips to Syria as a child
Bridging the gap between Canada and Syria
Providing income opportunities to 25 women that live in a Lebanese Refugee camp
Facilitating business opportunities, teaching computer literacy and transferrable life skills
The Lebanese explosion and the impact on the refugee camp
You can learn more about Dana and Tight Knit Syria by following her on instagram @TightKnitSyria
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Paul Walker is the owner of Paul’s Boot Camp (PBC) studios in Vaughan, Ontario. He has over 20 years of experience in the fitness industry and only works with women! He is an entrepreneur that has been awarded The Top Fitness Club In Vaughan since 2012. On this episode, we discuss:
Having a tough childhood, being depressed and weighing 185lbs at 12 years old
Opening a fitness club in Canada in 1997
Why he chooses to work with women only
How to hire and attract people with similar mindsets and values
Top things to delegate as a business owner
How they survived COVID as a gym
Finding your creativity during difficult times
Cutting expenses
You can learn more about Paul by following him on instagram @integrityfitness_worldclass
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Scott Zandbergen is a real estate investor, entrepreneur, husband father. He has worked for large technology companies since 1993 and was most recently the principle marketing manager at Intuit. He recently quit his job and has officially become financial free! His primary investment strategy is legal 2nd suite conversions. On this episode, we discuss:
His parents immigrating from Holland in the 1950s
Buying his first investment property in 2014
Why invest in Welland
Starting off as passive investor
Reno budgets and numbers
Importance of relationships with mortgage brokers
His Why
You can learn more about Scott by visiting https://scottzandbergen.com/ or by following him on instagram @scott_zandbergen
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Mario is a licensed plumber with 25 years of experience. We covered all sorts of issues to be aware of as a home owner and investor. On this episode, we discuss:
Galvanized piping, calcium build-up, dangers of drinking it and costs associated
Kitec plumbing
Cost effective pipe options
Dripping toilets and faucets
How to avoid costly repairs before purchasing
Clay drains and back water valves
You can learn more about Mario by following him @sassiplumbing on Instagram
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Mark founded Peak property investments in 2015, and co-founded Peak Multifamily Investments in 2019, with a focus on acquiring and managing apartment building investments. His 5 years of real estate investing experience have lead to his acquisition of 3 apartment buildings and a number of single family rentals. He has had over 20 successful flips over the last 4 years. We talked about:
Working in a corporate position since 2005 and transitioning out this year
How he structured and prepared for his corporate exit
Building your business around your life
Working with his business partner and their roles
Where and how to find apartment building deals
You can learn more about Mark by visiting http://www.peakpropertyinvestments.ca/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Kory has wholesaled, joint ventured, flipped, re-purposed land, developed buildings, and used the BRRRR method during his career as a real estate investor. He’s a real estate investment coach, speaker, author and obviously, investor. On this episode, we discuss:
The top 4 things to focus on to scale your business
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Branding
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Systems
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Skill Set
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Mindset
We also talked about his mentor, Stefan Aarnio, and the great impact he had. May he Rest In Peace.
You can learn more about Kory Mackinnon by visiting https://korymackinnon.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Lyn LeBeau is a cash flow investor focused on multi unit properties in Timmins, Ontario. She started off as a struggling teen mom who climbed out of rock bottom to become a successful investor and owner of 68 doors. She’s not only an investor, but an author and business consultant. On this episode, we talk about:
Her first investments being an 8plex and 6plex for $49,000 and $40,000 respectively
Hiring a coach and buying 18 properties in 12 months
Using HELOCS and Unsecured Lines of Credit to buy
The demographics and advantages of investing in Timmins
The massive cash flow opportunities
You can purchase Lyn’s book here: https://www.amazon.ca/Money-Problem-Million-Dollars-Estate-ebook/dp/B084BSQXZD
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Andrew Hines is a real estate investor and podcast host. He graduated from the Richard Ivey School of Business in 2008 and began his real estate investing career in 2011. Andrew has built a portfolio of student and family rental properties and is on a mission to create financial freedom through real estate investing. On this episode, we discuss:
Getting started in real estate investing and replacing income
Things you need to start a podcast (Media host, Podcasting equipment, recording software, scheduling tool, audio/video editing software)
Advertising (IG/FB ads) and promoting episodes
You can learn more about Andrew by visiting https://www.andrew-hines.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Matt McKeever is a CPA, Real Estate Investor and Youtuber. His Youtube channel currently has 57.6K subscribers and over 3.2M views. He implements the BRRRR strategy in London Ontario. On this episode, we discuss the following:
Growing up on a 200 acre farm in Grand Bend, ON
Buying his first student rental investment in 2010
Buying 32 units in 2016 (and how he did it)
Retiring at 31
Owning over 100 units today
Overcoming fear during these times
Tips for successful Youtube videos (length of video, consistency and thumbnails)
You can learn more about Matt by visiting his Youtube channel https://www.youtube.com/channel/UCdRtqnqBSq4GY7DGiYICu5g
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
I recently spoke with Kayla Andrade, the CEO of Ontario Landlords Watch, and Sarah Larbi (as you probably know her from previous podcast episodes). We know that it’s a difficult time for landlords at this moment. On this episode, we discuss the following:
What to do if your tenants aren’t paying rent at this time
Solutions for landlords
The importance of documenting all tenant issues
Risks of filling units now
Short term rentals during a crisis
You can contact Kayla directly by email kaylaandrade@ontariolandlordswatch.com and Sarah Larbi through https://sarahlarbi.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Dylan Suitor from Elevation Realty is a real estate investor (since 2008) and realtor (since 2016). He’s been able to acquire approximately 225 doors in 14 months. On this episode, we discuss the following:
Spending $72,000 on a “Flipping Formula” course in 2014
Meeting Daniel St Jean, co-founder of the REITE club at a REIN event. Becoming an active member of the club
The importance of developing relationships with mortgage brokers
Purchasing properties with 100% financing
Refinancing under a commercial mortgage after renovations
Coaching with Stefan Aarnio
You can learn more about Dylan by visiting http://www.elevationrealty.ca
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Kasey Wong, CEO of Cacoeli Asset Management, is a multi-unit real estate investor. We had a lot of fun discussing certain topics, including his $400,000 Hamilton apartment building mistake! On this episode, you’ll hear about:
Soft analysis techniques (i.e visiting the property on a Friday night and observing the tenant profile)
The first things to do to secure an apartment building immediately after purchase
How to reduce expenses on all-inclusive leases
How to effectively self-manage 250 doors
You can learn more about Kasey by visiting http://www.cacoeli.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Rachel Oliver is real estate investor and founder of Clover Properties. She retired in 2009 to spend more time with her family and invest in rent-to-own properties. Over the past 10 years, she has done nearly 350 deals across Ontario. On this episode, we discussed:
Immigrating from the Ukraine at 9 years old
Learning about rent-to-owns in 2009
How she made the RTO process more effective over the years
Creating a 90% purchasing success rate
How to generate $800-1,000 in cash flow
How to avoid mistakes as a tenant buyer
You can learn more about Rachel by visiting http://renting2own.ca/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Danielle Chiasson is a real estate investor and entrepreneur focused in Southern Ontario. Her projects have ranged from light clean-ups to full guts, flips and legal suite conversions. She works as a general contractor managing various trades & staff. She shares her experience and knowledge, we discuss:
How to manage 5 flip projects at once
How to efficiently finance a flip
The true duration of a flip and other timelines to be expected
How to screen contractors
Managing being a mom and a full time real estate investor
You can find out more about Danielle at perfectpropertyinc.com
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Mandy Branham is the CEO of Solutions Driven and has become a very successful real estate investor through Joint Ventures. Today we’ll break down joint ventures from beginning to end.
Active vs passive partner responsibilities
Step by step breakdown of how to create a JV, from establishing a relationship to drafting an agreement
Setting up a power team and learning to identify good deals
Identifying a potential JV’s “ready to buy scale”
Creating a 60 second pitch and pro forma
Why she doesn’t JV on flips, there’s a cheaper alternative
You can find out more about Mandy Branham at https://mandybranham.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Brady is one half of the Kristy and Brady McDonald team. They started BK Real Estate Investing in 2014 when they realized the wealth and freedom that real estate investing can bring. On this episode, Brady and I discuss:
Growing up in Owen Sound
Working his first job as a snow shoveler at 12 years of age
Working with Hydro One while having a 40-50k side hustle
Looking into acquiring assets after 12 years of work
Purchasing 96 properties since 2015
Their systems and procedures to scale
You can learn more about Brady and Kristi by visiting https://www.bkrealestateinvesting.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Gary Hibbert is a full-time Real Estate Investor, licensed and award-winning Real Estate Agent, Author, and Educator. In 2008, he made a decision that would be life-changing by purchasing his first investment property. Through hard work and dedication, Gary left the corporate world to become a full-time entrepreneur in 2014. Today, he has close to 15 investment properties. In this episode we discuss:
How Gary lived paycheque to paycheque as many others do
How an inflation chart made him realize he needs to make a change
The importance of the right mindset
You can learn more about Gary by visiting https://smarthomechoice.ca/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Born in Delhi, India, Sahil Jaggi started off his Canadian journey with student loans and was deeply in debt. He shares how he was able to build a large portfolio in Toronto as opposed to smaller cities on the extremities. We discuss:
Immigrating to Canada with the help of his father
Saving $80,000 from his banking job in New York
Purchasing his first bungalow near Yonge and Finch for $515,000 with the help of his uncle
How he grew his Toronto portfolio to 14 properties
How he chooses his properties and what to look for
Focusing on accelerated property growth as opposed to cash flow
How he attracted partners to grow quickly
You can learn more about Sahil by visiting https://minkrealty.ca/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Starting off as a property manager with 150 doors
Raising $3M to apply the BRRR strategy
Acquiring 32 doors in less than 1 year
Key to success in raising capital is consistency
Using the power of attraction to draw JV partners
Should you have a letter of intent before working with your partner?
Most effective marketing technique to find off market properties
Find out more about Sarah Eder https://www.saraheder.com/
Subscribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
The owner and founder of Elite Property Investments Inc., the focus is on real estate investment and personal development. Maria specializes in multi-unit commercial properties. In this episode, we discuss:
Pros and cons of investing in Hamilton vs. St Catharines
Breaking down St. Catharines by region
Future economic plans in the city of St. Catharines
Where to find opportunities
Required rental license in Thorold
Covering multi-unit properties in St. Catharines
Price per unit in apartment buildings
Price points in different neighbourhoods in St. Catharines
How to find off market opportunities
You can learn more about Maria by visiting https://www.elitepropertyinv.com/
Subsribe and review today!
https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
http://welloff.ca/
https://www.instagram.com/welloffx/
Sarah Larbi is a 30-something year old real estate investor and already owns 9 properties! She’s positioned herself for early retirement and we discuss the following:
“If I lost my job tomorrow, I wouldn’t look for another one”
Applying the BRRR strategy (listen to learn)
What type of properties she goes for
Targeting multi-family homes
The changes in her personal network of friends
Her thoughts on joint ventures
You can learn more about Sarah by visiting her website https://sarahlarbi.com/
Michel is a phenomenal human, he's had to endure more than most of us can fathom. In this interview, we discuss
Being born in the republic of Congo
Growing up in a corrupt society
Disobeying his father, playing soccer and being abducted
Forcefully being initiated into the army
Running for 3 days and 3 nights in the jungle to escape as a 5 year old
Healing from those experiences
His journey to Canada
Bullying in Canada and Africa
You can learn more about Michel by checking out https://www.speakers.ca/speakers/michel-chikwanine/ or purchase his book here: https://www.amazon.ca/Child-Soldier-When-Boys-Girls/dp/1771381264
Kyle Melko, commercial account executive with Acumen Insurance Group and I discuss important things to know about rental property insurance policies.
Starting off as a student rentals insurance specialist
Insuring apartment buildings,
Why you should work with an insurance broker that specializes on investment properties
Most common insurance claims
What to look out for when reviewing an insurance policy
The benefits of working with an insurance broker
You can learn more about Kyle’s services by checking out http://studentrentalinsurance.ca
Full time investor Gillian Irving describes how focusing on student rentals early on in her career has led to her success. We discuss several topics, including:
Accidentally buying a duplex as her first investment property in 2009
Moving to student rentals soon after
Benefits of student rentals
What she looks for to maximize value in her properties
How the business has changed since she was a student
Effective ways to collect rent from tenants
Mistakes to avoid with student rentals
Having master franchise rights for SkyZone in the GTA
Focusing on 1 investment strategy
You can learn more about Gillian by connecting with her on http://investinstudentrentals.com
Men’s stylist, Anja Potkonjak, the owner of Alpha Male Styling converses about the impact of clothes on your personal and business life. We discuss several topics, including
Coming from a war-torn Bosnia
Why she works with 21-65 year old, including students
Building a foundation in your wardrobe
Using what you have to create multiple outfits
The importance of fit
The biggest impact of changing your wardrobe
The benefits of working with a stylist
Tips on dressing well and sprucing up your clothes
You can learn more about Anja by connecting with her on Instagram @alphamale_styling
Top 10 Royal LePage realtor Matthew Regan discusses what it takes to build a successful business. We discuss the following: Managing a real estate team of 23 Mowing lawns as a child entrepreneur, cutting 75 lawns/week How Matthew’s parents taught him about money with a Nintendo Following in his father’s footsteps Business principles that Matthew follows Nurturing business relationships His philosophies on investing in real estate Highest and best use of his time as a leader You can learn more about Matthew at https://reganteam.ca/
Owner and founder of King Homes, Ken Bekendam shares his knowledge on 2nd suite conversions. There’s a lot to learn, here are some of the things we cover:
Owning a hobby farm, including alpacas, a horse, ponies, goats and peacocks
Growing up in Brantford, to a real estate family, father was an investor since his 20s
Memories of cleaning carpets and stripping wallpaper as a child
Legalizing your home allows the appraiser to count all the units’ incomes
What to qualifying factors to look for in a potential legal 2nd suite
Work and costs associated with replacing support beams
Deal breakers and what to stay away from
You can reach Ken by visiting legalsecondsuites.com
Mark Loeffler is a phenomenal human being. He has accomplished so much in so many different areas. Being in his presence alone is eye opening. Have a listen as we discuss the following:
Growing up in Leslieville
Parents never made more than $40,000/year
The impact of Rich Dad Poor Dad at 25 years old
Buying duplexes in Newmarket while working at Cannon
The corporate structure for apartment building joint ventures
The competition on apartment buildings and overpaying for them
Tips to decrease expenses in multi unit buildings
Type of building materials used in their properties
Why he prefers doing JVs over limited partnerships
Preparing for triathlons
The secret to his success
Derivatives training
To contact Mark, you can check him out on instagram @livin_the_dream_40
Award winning mortgage broker Dalia Barsoum shares her incredible story and discusses the following:
Growing up in the Middle East
Living through the Gulf War - not having electricity and water on certain days and black skies
Which areas Dalia invests in
Combining a vendor take back mortgage with a conventional mortgage
Which lenders you should work with to maximizes the number of properties you can purchase
What you should do when your mortgage is up for renewal
Setting up construction and private financing
For any mortgage questions, you can contact Dalia through her website https://streetwisemortgages.com/
Power couple Alex and Kaely share their story with us, we discuss:
Growing up a farm
Working at Aecon
Meeting each other while working on the same real estate team
Finding pleasure in helping people reach financial freedom
The benefits of using a general contractor
Converting a building’s use
How Alex and Kaely find off market deals
How investment properties can impact your life
Find out more about Alex and Kaely here palpropertysolutions.com/
Jose shares his story and tells us how he's been able to build an extremely successful real estate business:
Jose specializes in flipping Originally from Tanzania Father owned a shoe business Uncle was a major influence in his investing Overspent and lost money on his first flip How he finds off market deals The best way to leverage friends and family in business How to quickly calculate the required purchase price for a flip Structuring your team for flipping, wholesaling and property management Building city specific teams What life lessons came out of Jose’s previous employment
Alfonso and I had a chance to discuss his specialty, rent-to-own, the last time we got together. Here are some of the things we discussed:
Growing up in Hamilton
Being analytical and extremely cautious during his first investment
How an RTO works
How to create a win-win with this strategy
The expectations for the tenant buyer and the landlord/owner
The benefits of the RTO strategy
You can find out more about Alfonso at https://jaagproperties.com/
Lee Strauss and I had an opportunity to discuss what it's like to flip properties and invest in real estate while simultaneously being a fire fighter. Interesting combination! Here's what we discuss:
How his father influenced him - he owned a Mr Transmission and had a large portfolio of properties
Instilled a strong work ethic in him
Lee tagged along with his father as child when he dropped off small gifts to tenants
Lee bought his first rental property at 21 while he lived with his parents
Has 2 larger scale flips in progress today
Finding good contractors and avoiding costly mistakes
Treating and paying good contractors well
Making multiple firm offers to capture a great deal
Not being too selective with homes, taking action instead
Using income from flips to fund buy and hold properties
Targeting mid-century homes for the lots, the trees and the character
The top value-adds in a flip
What to do if a flip goes sideways
Being a firefighter while flipping
The benefits of owning a tangible asset
Lee is a realtor with Rock Star Real Estate Inc. you can reach him at 905-361-9098 or by checking out his website: http://www.straussinvestments.com
This was an action-packed conversation with Tyler Pearson. Here are some of the things we covered:
Growing up in South Western Ontario (Sarnia)
Attending Laurier, getting a business degree
Having a corporate background and leaving 3 years ago
Personally investing in real estate for 10-12 years
Starting with single family homes, and later focussing on multi-family
Getting into the Toronto market about 10 years ago
Living in Toronto for 10 years during his corporate career
Learning what to do when you run out of capital
Where Tyler found JV co-venturers
Finding his Bay Street business partner through his wife
Starting private equity funds
Raising over $22M over the last 2+ years
Growing at a comfortable pace
Having a General Partner/Limited Partner model
Discussing Malleum Partner's fee structure
Target gross returns
Purchasing properties in Hamilton, Brantford, St Catharines, Kitchener/Waterloo, Toronto
Why he likes Hamilton
Unexpected issues with buildings
His motivation to succeed
You can find out more about Tyler and Malleum Partners at https://malleumpartners.com/
In our time together, Luc and I discuss the following:
- Growing up in a real estate family with 5 siblings
- Getting into real estate full time in 2016
- Buying his first property at 18 years (rooming house at Jane and Finch)
- Getting an MBA and law degree in university, being called to the bar
- Creating a business around flipping homes
- Learning to renovate on his own
- Completing 2 flips during his articling
- Investing in real estate allowed him to pay off his student debt while in school
- Financing through private lenders and MICs
- Flipping, wholesaling and whole-tailing
- Luc's investment criteria
- The benefits of flipping through a corporation
- Mitigating risk during an assignment by finding a great deal
- Building a team: acquisitions manager and admin
- Outbound marketing: adwords, kijiji, mailings and print marketing
- Buying 1 house per 100 incoming calls
- Most effective marketing: long term SEO (organic results)
- His idea of financial freedom
- How to get lending on a flip because banks won't
Blake and I had a chance to discuss the following:
- Growing up in Vancouver
- Having a mother in interior design
- Architecture and design focus in his projects
- Moving to Toronto in 2011
- Starting Wyatt Development Group at 29 years of age
- Never allowing his young age to be a deterring factor in acquiring partners and clients
- Hiring people who compliment him and his business
- The benefits of keeping his company relatively small
- Differentiating his projects from other developers
- The importance of open concepts, livable space and “human design”
- Good design doesn’t have to cost more
- Simplicity and colour choices
- Continuing to experience sustainable growth
- Avoiding driving down cost to maximize profit, rather focusing on delivering quality for a reasonable price
- Marketing a new development through the ‘Toronto Star’, ‘Globe and Mail’ and other news outlets.
- The importance of relationships and connections in building a strong team
- Nurturing business relationships
- The highest and best use of Blake’s time
- Keeping a balance between business and personal goals, raising a child while growing the company
- Breaking down Blake’s work day
This time, Adrian Pannozzo and I discuss the following:
- Being a retired sergeant with the Peel Regional Police
- Beginning his real estate investment career 7 years ago
- Bought first rental property in New Market
- Heavily invested in the city of Hamilton
- Focus on Triplexes and Fourplexes while applying the buy, fix, refinance strategy
- Joint Ventures
- Working within the police department: patrol, homicide, bureau, bank robbery, drug squad etc.
- Spending 21 years in policing
- Finding investment partners within the police force
- Owning 33 properties
- Is it possible to live off the rental income?
- The value of networking
- Retiring early
On this episode, Ryan and I had a chance to speak about the following:
- Starting off as a licensed mechanic, building armoured cars and transitioning to real estate after getting bored
- Self-teaching how to renovate through Youtube, TV shows and reading books
- Switching his focus from short term to long term investing
- How is business is currently structured
- Real estate money is made in the purchase, specifically off market deals
- Financing properties after reaching a cap with traditional banks
- Borrowing private funds versus having a co-venturer (joint venture)
- The importance of relationships and your reputation
- Using bandit signs and other methods to generate off market deals (door knocking, mailers, posters)
- The impact of social media on his business
- Giving without any expectations
- The vertical split method
Ryan is always willing to share and help other, if you’d like to reach him, you may do so at info@rwcarrinvestment.com
On this episode, Cindy Wennerstrom and I discuss:
- How receiving a “package” from her employer lead to a full time investment career
- The advantages of joining local small groups and surrounding yourself with like-minded people
- Who inspired her to invest in real estate
- How owning real estate helped her through her post-secondary education
Cindy’s an awesome person to work with. She helps people find tenants, provides renovation advice and many other things. You can find out more at https://oroproperties.ca/
On this episode, Andrew Brennan and I discuss:
- How losing his job lead to a full time investment career
- Owning 100 doors (mostly with JV partners)
- Vendor Takeback Mortgages
- How to find a JV partner
- The importance of business relationships and building a team
- The power of referrals
- The role of continuing education
- Applying the buy fix refinance strategy
- How to attract JV partners
Andrew's a very successful real estate investor with a huge portfolio. You can find out more about him at http://www.bpirealestate.ca/
Sandy Mackay is a real estate agent, investor, Joint Venture partner, husband and several other things. Today, he owns dozens of properties, mostly around Hamilton, Ontario. He also leads a successful real estate team in that region.
Sandy discusses:
The things he learned while attending an all-boys boarding school
How he met his wife
How he almost quit on his very successful podcast
Wholesaling real estate
What inspires him
Why he’s willing to give and help others
Things don’t always appear as easy and they may seem. He’s had to overcome several challenges in his personal life and career to become a successful investor and real estate agent.
About Quentin:
Former Teacher
Two university degrees, including a Master’s in Education
Specializes in the Buy, Fix, Refinance strategy as well as joint venture partnerships
Quentin is the author of 3 books including "The Ultimate Wealth Strategy"
Also runs the Durham REI meetings and seminars
We discuss:
Leaving something behind for his kids
How he sacrificed a secure 6 figure teachers salary for his real estate investments
His ratio of real estate investments relative to stocks and other forms of investments