30 Minutes to Wealth: Recent Episodes

Carmen Campagnaro and Jordan Campagnaro

30 Minutes To Wealth is a Canada-wide talk show that educates viewers on how to acquire wealth through a variety of real estate-based strategies. Hosted by a powerful mother-daughter duo, Carmen and Jordan Campagnaro discuss all things real estate and offer a wealth of knowledge. Both working at Pro Funds Mortgages, a successful mortgage finance and real estate investment firm, they dedicate their professional careers to assisting their clients achieve success. Their desire to educate and empower people to pursue their real estate dreams is the ultimate inspiration behind 30 Minutes To Wealth.

Carmen and Jordan Campagnaro meet with Nicholas Reichenbach, Founder and Executive Chairman of Flow Water.

In 2015, Nicholas Reichenbach saw a mountain of discarded plastic water bottles as he left the Burning Man festival in Nevada. Instead of just shaking his head at the problem, he resolved to find a solution. That's how Flow was born. Since starting with a single family-owned artesian spring in Canada, Flow has grown rapidly.

As a Certified B Corporation, Flow meets the highest social and environmental standards. In this episode, Nicholas shares the inspiring story of Flow. He explains how he turned the artesian spring on his family property in Ontario into an international brand.

This is a great episode for those wanting to learn how to leverage land with natural resources into a thriving business.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan meet with Candice Kaye, founder and creative director of Candice Kaye Design, an international textile design studio specializing in bespoke design services working with wallpaper, rugs and embroidered linen.

Candice shares her entrepreneurial journey and outlines ways investors, business owners and homeowners can transform their real estate with creative strategies using textile design!

Any real estate investor can greatly benefit from Candice’s extensive experience designing prints for restaurants, hotels, cafes and private residences within New York, Toronto, Miami, Dallas, Los Angeles and Australia.

This is a fascinating episode for those looking to create a one-of–kind product that stands out amongst the competition. Candice is a true artist and inspiration and we absolutely loved having her on the show!

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan meet with Anthony Halsch, founder and CEO of Roxbox Containers, a Denver based manufacturing company that designs, engineers, and builds custom structures out of shipping containers.

In this episode, Anthony shares the story of how Roxbox was created and how the company has grown to service clients all over the world in commercial, industrial, residential, office and food & beverage industries.

Anthony talks us through why an investor may gravitate towards the custom shipping container route compared to a traditional build, time efficiencies, the innovative design and build process, financing structure and more.

This is a fascinating episode for those looking to get creative in their real estate and business endeavors.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan meet with Blake De Luca, Chartered Professional Accountant at RLB Canada, to discuss tax implications with rental properties.

In this episode, Blake shares all the tax information any investor will need to know when it comes to owning and operating short term and long term rental properties. Blake provides key information on the two investment strategies as well as what’s involved when it comes to converting an owner occupied property into a rental and completing renovations.

This is a value packed episode that offers exceptional insight into effective tax strategies for the Canadian real estate investor.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan meet with Heather Blankenship, real estate investor and entrepreneur.

Heather’s investment strategy primarily focuses on RV Parks, Mobile Home Parks and section 8 Multifamily properties. With nearly 11 years of experience as an investor and niche broker covering RV Parks and Mobile Home Parks, Heather has supported nearly $300M of transactions in the industry.

In this episode, we talk to Heather about her incredible success story, how she got started in real estate on a whim, where she chooses to invest, how she evaluates her properties, and her secret to success. She is an educator in the RV park industry and a big advocate for women in real estate.

This is a must watch episode for anyone looking for inspiration. We highlight how there is incredible opportunity in real estate asset niches, and how hard work truly pays off.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan meet with Tyler Whale, entrepreneur and subject-matter expert in the agricultural industry. Tyler holds a Ph.D. in Immunology, he is a business development lead at Saskatoon Colostrum Company, the Industry Liaison at the University of Guelph, and the President of Ontario Agri-food Technologies (OAFT).

Tyler has worked closely with dozens of ag-innovation companies from all over Ontario and we were so excited to talk to him about the future of urban agriculture, and more specifically, vertical farming. Vertical farming is the practice of growing crops in environmentally controlled vertically stacked layers. Tyler talks us through how investors can partner with industry professionals to convert existing industrial properties into vertical farms. He also details what is required to build Canadian capacity in vertical agricultural infrastructure, the investment required, and how this method can change food production as we know it locally and globally!

For anyone interested in this hot topic, vertical farming presents a tremendous opportunity in the Canadian landscape for investors. We encourage you to watch the full episode to learn what is on the horizon in this space.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Peter Bahouth, owner of a magnificent vacation rental treehouse in Atlanta Georgia.

In this episode, Carmen and Jordan talk to Peter about how he created the world’s most wished for property on Airbnb. Peter shares his success story, how he mindfully built the treehouses, how he sets himself apart from competition, and his secrets to creating the superior ratings on Airbnb.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Maria Durdan and Bilal Mirza, Partners at Simpson Wigle Law, to discuss condo development.

In this episode, Maria and Bilal breakdown the process for those looking to either convert an existing multi-residential property into a condominium, or those looking to develop a condominium from the ground up. This is a very informative episode as Bilal and Maria share their knowledge and expertise on the legal “must knows” an investor should be aware of to excel in this type of investment strategy.

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Rudy Renelique, Managing Director of Aurum & Sharpe, a commercial mortgage brokerage based out of Brooklyn, New York.

In this episode, Rudy talks to us about how he specializes in real estate investor financing across the United States. Financing is often a hurdle many Canadians face when looking to purchase in the US. Rudy shares what lenders look for, property types he can finance, and typical terms and structure.

This is an extremely informative episode for investors looking to invest in the US market. Be sure to check out this episode for all Rudy’s Do’s + Don’ts when it comes to borrowing!

For more information visit Profunds.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Emma and Jessica, owners and operators of Purple Hill Lavender Farm, located in the beautiful rolling hills of Creemore, Ontario.

In this episode, Emma and Jessica talk to us about how they converted a 45 acre family property of over 30 years into a thriving family-run-lavender farm. We talk about the process of growing crops and creating a business in the ever-expanding agro-tourism industry, the investment required, the importance of marketing and branding, managing seasonality, profitability, and more! We had such a wonderful time chatting with this sister duo, both of which left their corporate jobs in PR to pursue their dreams among nature. They have created an incredible destination location for visitors offering tours through their lavender fields, a vast product line, and a number of fun experiences for visitors, demonstrating the lucrative potential in agro-tourism as a real estate investment and business strategy.

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with mother daughter duo, Terri and Jessica from Terri Hastings Real Estate Group. Terri has built a reputation for herself as an elite Realtor in the Bruce Peninsula, Ontario and is heavily involved in the community. Her daughter, Jessica is a real estate investor herself and also the VP of Marketing at the firm. Together these wonderful women joined us to talk about getting out of your comfort zone when it comes to jumping into real estate investing.

In this episode, we discuss how first time home buyers and investors can begin their investing journey in secondary and tertiary markets with better affordability, and creative financing strategies using private money.

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Deputy Chief Economist of CIBC World Markets, Benjamin Tal. This is the second time Benjamin has joined us on the show to talk about very valuable updates in the Canadian market.

In this episode, Benjamin answers our burning questions about rising interest rates, inflation, oil prices, a potential recession on the horizon, and the best real estate asset classes investors should look towards in this climate. As always, Benjamin is full of great insight and you’ll want to watch this full episode in order to understand current and projected market impacts of the Canadian economy.

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Anne Marie Cummings to discuss her journey in real estate. After retiring from a 30-year career in technology sales at the age of 55, Anne Marie went on a journey to reinvent herself and determine how to live a meaningful life in retirement. While researching her book, Anne Marie discovered the concept of co-housing and the benefits this environment can provide to its residents. She started restoring heritage homes in her town for the purpose of creating co-housing environments from heritage mansions. In addition to creating these projects, among others, she is also restoring some of the most beautiful historic homes in Canada. Anne Marie was a long time follower of our show, and we were so excited to welcome her to share her own story.

In this episode, Anne Marie talks to us about how she got started investing in real estate (it’s never too late!), what she looks for in a property, and how she has created incredible wealth for herself with renovating and flipping heritage homes, a true niche and passion project!

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Paige Fraites from District REIT and Laun Ha, Exempt Market Dealer at Fundscraper Capital Inc., to discuss real estate investment trusts (REITs).

In this episode, we talk about what a REIT is, how the structure and returns work, private vs public REITS, qualification criteria, risk, and how to get started with only a minimum investment of $10,000. This is an information packed episode that showcases an investment strategy where investors can share in the ownership of large scale real estate assets without the hassles of day to day management.

To learn more about District REIT: www.districtreit.ca For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Simeon Papailias and Jacob Campagnaro from REC Canada. Founded in 2000, REC Canada is a multiple award winning leader in real estate sales and consultation, spanning across all classes of real estate and investing. Simeon and Jacob are both seasoned realtors and investors and we welcome them back as a show sponsor to share knowledgeable insight when it comes to investing in the current market.

In this episode, we discuss some of the key strategies used to recession-proof real estate investment portfolios using multi-residential income properties. We talk about some of the hot spots to invest in right now as well as investing in retirement related real estate, a strategy that is quickly on the rise. This is an incredible information packed episode you won’t want to miss!

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

Carmen and Jordan Campagnaro meet with Kristina Smallhorn, a Youtube content creator and realtor in the USA, to discuss investing in the United States. Kristina shares valuable insight on current market trends as well as real estate hot spots among different states. With a specialty in affordable housing alternatives, Kristina also discusses some profitable income producing investment strategies in the tiny home and mobile home space.

If you're interested in investing in the US real estate market, be sure to check out this episode!

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

In our Season 4 Finale episode, Carmen and Jordan Campagnaro meet with Robert Kiyosaki, investor, entrepreneur, educator and author of the #1 best selling personal finance books of all time, Rich Dad Poor Dad. Kiyosaki has challenged and changed the way tens of millions of people around the world think about money and is arguably one of the most influential authors worldwide when it comes to investing and pursuing financial independence.

Robert Kiyosaki has been a long time inspiration and mentor for Carmen. We were very excited to have him join us to talk about his perspective when it comes to the market, investing, real estate, and constantly getting smarter. He shares that there is no risk-free investment, and constantly educating oneself is the best remedy to decreasing risk when investing. This episode offers an informative and fresh take on achieving success for novice and experienced investors alike.

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

In this episode, Carmen and Jordan Campagnaro meet with Agricultural Consultant, John Cameron, to discuss the very exciting topic of investing in farmland. John has an extensive background in the farming and agriculture sector, from growing up on and running a farm, to becoming a farm financing specialist and consultant.

As an experienced professional in this sector, John discusses how demand for farming in Canada has increased significantly in the past years along with recent trends that can create opportunity for investors. We dig into the details about how to evaluate farmland, current incentives and financing programs available, and last but not least, the return on investment investors can expect.

This is a very interesting episode about a perhaps overlooked real estate investment strategy that can yield substantial benefits for land owners, investors, and communities alike!

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this episode, Carmen and Jordan meet with Jason Gibbons, Partner of RLB Professional Chartered Accounts, to discuss important tax strategies when it comes to real estate investing.

As an experienced tax professional who caters to investors, Jason talks us through various structures of real estate ownership along with corresponding tax implications. He also shares some fantastic strategies that investors can utilize to accelerate their investment growth and offset taxation where applicable. This is an extremely informative episode that will guide you to evaluate your current investment structures in order to achieve optimal success in real estate.

RLB Chartered Professional Accountants
Website: www.rlb.ca
Email: jgibbons@rlb.ca

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this episode, Carmen and Jordan Campagnaro meet with husband and wife investor team, Kaely and Alex Pal. Together, Kaely and Alex own and operate Pal Property Solutions which specializes in solving complex real estate matters for home buyers, sellers, and investors. Their core business activities consist of buying and redeveloping single or multi-family properties throughout Southern Ontario with a goal of rejuvenating neighbourhoods, providing safe, reliable housing, and encouraging homeownership.

Kaely and Alex talk us through how they got started in real estate investing and when they decided to transition their business into a full time operation. They share what criteria they look for before investing in a property, along with some of their recent case studies, success stories and setbacks. This episode sheds light on the many challenges that real estate investors can encounter and how to overcome these obstacles to ultimately become more successful, knowledgeable and empowered in business!

  **Pal Property Solutions**  **Website:** www.palpropertysolutions.com For more information on real estate investing & 30 Minutes to Wealth: **Website:** www.30minutestowealth.com

Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this episode, Carmen and Jordan Campagnaro meet with real estate investor, Glen Sutherland. Glen is a Canadian who invests and manages a large portfolio of properties completely from abroad. He started his investing journey by purchasing ‘buy and hold’ rental real estate in local Canadian markets. After a lot of research, he learned of considerable benefits to investing in the United States such as more favourable laws, lower property taxes and a lower cost of entry south of the border.

Be sure to watch this episode to learn about Glen's strategies when it comes to how he picks his markets, what he looks for in a property and how he manages risk from abroad. Glen talks to us about arguably one of the most essential aspects of owing property internationally- how he finds a trustworthy team to look out for his best interests when he's not a local investor.

This is an information packed episode that offers great insight and knowledge on how to successfully own and manage properties from abroad.

Glen Sutherland
Website: www.glensutherland.com

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this episode, Carmen and Jordan Campagnaro meet with Editor of Cottage Life Magazine, Michelle Kelly to talk about recreational real estate investing and recent trends impacting home owners and investors in cottage country markets.

Michelle talks us through how recent shifts have accelerated certain market trends such as millennials and first time home buyers electing to purchase in secondary markets and rural areas where affordability is improved. We also dig into some success strategies when it comes to investing in and operating vacation rentals in cottage markets, along with unique tactics to consider when it comes to entering into the cottage market.

Be sure to watch this episode to learn how to create demand for your product amongst ever increasing competition, what you must be careful of, and how you can create positive and longstanding community relationships to ultimately increase your ROI.

Cottage Life Magazine
www.cottagelife.com

Once Upon A Stay
Website: www.onceuponastay.com
Instagram: once.upon.a.stay

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this episode, Carmen and Jordan Campagnaro welcome guest, Ashley Wilson co-founder of Bar Down Investments. Ashley joins us virtually from Pennsylvania and shares her inspiring story of how she and her husband left professional careers to become full time real estate investors. Previously Ashley was in clinical research and development in the pharmaceutical industry and her husband Kyle Wilson, a former NHL hockey player.

Together, they have built great success which Ashley attributes in part, to having a trusted team of professionals and property managers behind the realm. With a focus on investing in and improving apartment buildings, (now totaling 600 units and counting) within different US states, a strong team enables their investments to operate efficiently and lucratively.

Ashley shares some of her advice on how to manage properties from afar, how to find the right team, as well as how she picks her markets and has scaled her business. She is a strong advocate for women in real estate, a published author and a true powerhouse. Watch the full episode to absorb all the knowledge this inspirational investor has to share!

Bar Down Investments
Website: https://www.bardowninvestments.com/

For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this episode, Carmen and Jordan Campagnaro meet with special guests, Maria Durdan and Bilal Mirza of Simpson Wigle Law.

As experienced real estate lawyers, Maria and Bilal share with us the “must knows” when it comes to development. Development can be a complex but very rewarding investing strategy. Ensuring you have the proper team in place to look out for your best interests is critical to your success. Maria and Bilal walk us through the step by step process when it comes to finding and evaluating the development potential of a new property, all the way to closing on a purchase and managing the construction process.

Simpson Wigle Law LLP
Website: www.simpsonwigle.com
Email: info@simpsonwigle.com

For more information on real estate investing & 30 Minutes to Wealth:
Website: www.30minutestowealth.com
Instagram: @30MinutestoWealth
Facebook: www.facebook.com/30MinutesToWealth

In this week’s episode, Carmen and Jordan meet with Kim Kopyl, VP of Sales and Marketing at Elite Developments to discuss investing in pre-construction. Elite Developments has built its foundation with 50 years of combined building experience., and they have attained a reputation for delivering premier residential and commercial properties throughout Ontario. Elite acquires locations for communities which improves the quality of life, focusing on providing homes with thoughtful amenities, spacious layouts, health & wellness, and leading innovative features throughout.

Today, Kim talks about some of the current real estate trends we are seeing in today’s market, along with the many benefits to investing in pre-construction real estate from a primary residence standpoint or as a rental property. Kim also discusses one of Elite Development's newest projects, the Ambrose Condos in Brantford, Ontario. Listen in to learn more about innovative concepts when it comes to creating, developing and purchasing pre-construction!

Episode Highlights:

Kim’s background and her role at Elite
Current housing trends and how Elite caters to them
Balancing costs and benefits of amenities
The Ambrose Condos in Brantford
The benefits of buying pre-construction
Kim’s words of advice

Quotes:

“Elite strategically selects incredible locations where you’re going to get a higher quality of life at a fraction of the cost.”

“The home is so much more than a home right now.”

“Everything that you need is at your fingertips at home.”

“We build everything as if we live in it ourselves.”

“There’s so much competition in the marketplace.”

“The lower the price per square foot you buy, the more acquired wealth is in your pocket.”

“We have had, as of late, people request dual masters.”

“The rest component has become important.”

“Over the time of construction, before the property closes, you are attaining wealth in your pocket.”

“Now we’re seeing a new trend of stretched out deposit structures.”

“You have so much choice, which is great.”

“It’s a simple investment.”

“Buy at the best price possible.”

Links:

Elite Developments:

Website: https://elitemdgroup.com/ Instagram: @elitemdgroup Facebook: https://www.facebook.com/elitemdgroup Ambrose Condos Website: https://theambrosecondos.com/

For more information on real estate investing & 30 Minutes to Wealth:

Website: www.30minutestowealth.com Instagram: @30MinutestoWealth Facebook: www.facebook.com/30MinutesToWealth

This week, Greg Witz from Witz Education joins Carmen and Jordan to discuss the importance of communication and relationships when it comes to success in business.Greg is an entrepreneur, leader, podcaster, coach, mentor, father and CEO of Witz Education Inc., a training company committed to the ongoing development and training of today’s leaders. Greg’s sole mission in life is to challenge all of us to be better.

In this episode, Greg teaches us some valuable strategies and tools when it comes to improving working relationships with others, managing a team, dealing with toxic relationships, along with how to become effective negotiators (especially when it comes to negotiating an offer)! We also dig into the power of mindset, and the key habits successful people tend to have in common. Be sure to check out the full episode for practical knowledge you can implement in your life and real estate dealings today!

Episode Highlights:

· Greg’s background · The importance of relationships in investing and business · Self-awareness and personality · The two brains · Evaluating and attending to personality styles · Navigating toxic relationships · PRAT · The three keys to emotional intelligence · Important traits for investors in negotiations · Self-sabotage · Common themes in achieving success · The power of positivity and the law of attraction

Quotes:

“If we want to be successful in business…it comes down to the community and the relationships that we built.”

“Show up with the effort to help someone else move forward.”

“People respond as treated.”

“It’s all about controlling your emotions.”

“It’s only what you tell them is how they’re going to deliver.”

“Truly listen.”

“Let’s be very conscious in not making negotiations adversarial or oppositional.”

“The unknown is scary.”

“Make them feel like they won.”

“There is nothing that will replace hard work.”

“I don’t know anyone that’s achieved success that hasn’t gone through the pain and the frustration.”

“Persistence requires patience.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Witz Education / Greg Witz:

Website - www.witzeducation.com Instagram - @gmwitz

In today’s episode, Carmen and Jordan meet with real estate investor Robby Clark. From starting out as a childhood actor to going bankrupt at a young age, Robby shares an inspiring story about perseverance and motivation. He has built an impressive real estate business (among others), that has closed on 60 properties in a one year time span, and that has completed more than 150 projects within 5 years.

Robby talks about his unique approach to real estate investing which involves targeting cities and neighbourhoods in Ontario that are undervalued. He and his team will go into these cities and force appreciation by purchasing and improving multiple properties within a close proximity to one another. Robby also talks to us about the importance of mindset and how that has helped him accomplish his goals. Be sure to check out the episode to learn more about his impressive strategy and high volume approach to real estate investing!

Episode Highlights:

· Robby’s background · Robert Kiyosaki’s Rich Dad Poor Dad · Robby’s method · BRRR · Raising the value of surrounding properties · How he selects his investment locations · His ‘pick of the day’ · Robby’s perspective on problem solving and goal setting

Quotes:

“Anything that anybody could do is possible.”

“The one thing I will do is I’ll jump into things quickly. I’ll make more mistakes than anybody, which is why I’m able to grow faster.”

“Your method is all about high volume.”

“What we did right there was unlock $50M of capital.”

“My focus is always high cap rate, low vacancy cities.”

“You go in and you create the value.”

“We’re always pushing that boundary.”

“I learn by making all my mistakes.”

“Don’t let anybody tell you that you can’t do anything…there’s always a way.”

“You have to work with people who are experienced if you are not.”

“Start easy.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

To connect with Robby on Instagram: @robbywclark

This week, Carmen and Jordan meet with Shannon Lee Simmons, Certified Financial Planner, Chartered Investment Manager, and founder of The New School of Finance. Shannon is widely recognized as a trailblazer in the Canadian financial planning industry and has published two bestselling books, Worry-Free Money and Living Debt-Free.⁣

In this episode, ⁣Shannon shares her fun and fresh perspective when it comes to budgeting for your first home or investment property. She also talks listeners through some of the top debt mistakes Canadians are making and how to overcome these obstacles, along with how to fast-track for retirement using real estate investing strategies. ⁣⁣What’s more, this is an extended version of our episode, so check out the full episode to hear why Carmen and Jordan are so passionate about financial literacy and planning for your future!

Episode Highlights:

· Shannon’s background · Strategies and tips for buying a first property · First time home buyers and RRSPs · Affordability criteria · Debt myths, mistakes, and recommendations · Investment strategies for retirement · The importance of financial planning

Quotes:

“You pay for my brain, nothing else.”

“I like to use the term ‘cash flow plan’.”

“It’s definitely something you want to make sure you’re getting customized advice for.”

“Those fixed expenses are really important to keep at 55% or lower.”

“I think patience is the real lesson here.”

“I feel like you need a team…it’s like a trifecta of awesome.”

“It’s so much easier to stay at zero when you’re at zero.”

“You can’t live in a stock.”

“We’ve helped people change their lives so many times.”

“That income that is coming from that rental property is mimicking a pension for you.”

“Have a plan!”

“A lot of times people are scared that they’re not going to be able to reach where their goals are, so it’s easier to ignore it.”

“I actually think financial planning is a form of self-care because at 3 a.m. you don’t have to worry.”

“I’m basically just nosy – that’s why I got into this business…I’m fun at parties.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

In today’s episode, Carmen and Jordan meet with Alex Mascott and Aaron Lattimer from Linwood Homes to discuss a turnkey approach when it comes to development. Linwood Homes is a custom home builder specializing in cottages and recreational properties, and they offer prefabricated materials, over 400 designs to choose from, and will help you develop, customize and build your dream home, hassle free!

Learn how working with Linwood may be a favorable option for investors to consider as a more efficient, time saving, and cost effective strategy. They also dig into the exciting Bluffs Bay project on the gorgeous Georgian Bay, and look at where investment opportunities may present themselves based on current market trends.

Episode Highlights:

· Alex and Aaron’s background and roles with Linwood · What Linwood does · Their biggest project to date · Trends they are seeing lately · The current status of the recreational market · Customization available with their homes · The process involved and how it’s different from a regular builder · Budget ranges · The Bluffs Bay project · Some words of wisdom

Quotes:

“We exist to simplify construction.”

“I’ve really been involved with it since birth.”

“Ontario’s actually our biggest market.”

“We’re a fully integrated solution in Ontario.”

“The total cost of actually building is now less and less compared to the market values, particularly in Ontario.”

“The houses are gorgeous.”

“It’s legit turnkey.”

“We act as the architect.”

“You’re actually the main builder for the Princess Margaret Lottery which is super exciting.”

“Even for real estate investors it’s brilliant.”

“It’s everything in one.”

“I think the key thing is to design the home around making a profit.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Linwood Homes:

Website: www.linwoodhomes.com Instagram: @linwoodcustomhomes Facebook: www.facebook.com/linwood.homes

Bluffs Bay Website: www.bluffsbay.ca

This week, Carmen and Jordan welcome investor, Carina Guzman, to the podcast to discuss her niche investment strategy when it comes to land development. Carina focuses on investing near Light Rail Transit (LRT) routes and in areas with significant levels of planned transit service (known as Mobility Hubs). Listen to the full episode to learn the many benefits of investing near mobility hubs, along with the process on how to begin your journey into land development.

Episode Highlights:

· Carina’s background and her entry into real estate · Her obsession with zoning and urban planning · Carina’s strategy · Her profit margins · A step-by-step walkthrough of her process · A case study of one of her properties · Carina’s advice to others who want to follow in her footsteps

Quotes:

“I just learned everything I could.”

“We enter and exit a project in a quicker time frame.”

“Construction does carry its own set of risks to it.”

“We figure out the highest and best use of that property.”

“My favourite ones are the ones that have a house or a duplex or some kind of property on it…I can buy the property and I can tenant it.”

“All of our properties are carrying themselves.”

“The due diligence process is a very, very long process.”

“I love the creativity of it.”

“Just buy a piece of land that is closest to the LRT or the transit station.”

“Start small.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

In this extremely important episode, Carmen and Jordan meet with the Deputy Chief Economist of CIBC World Markets, Benjamin Tal. Well known for his groundbreaking published research on topics such as labour market dynamics, real estate, credit markets, international trade, and business economic conditions, today Benjamin shares with listeners the current economic outlook of Canada in these highly unprecedented times. He also shares his valued take on the real estate market in 2021 and beyond, and sheds light on where some real estate investment opportunities may present themselves in the current climate. Benjamin Tal is truly an expert in his field with a wealth of information and advice to share – this is one episode you cannot afford to miss.

Episode Highlights:

· Benjamin’s perspective on the economy in 2021 · The impact of the crisis on the real estate market · His thoughts on the short and long term for the economy and real estate · The 2 different real estate markets · The impact on builders and developers · Bringing the equilibrium back to normal · The most advantageous real estate investments now · The office building market · His thoughts on inflation in the future · His advice for listeners

Quotes:

“We are going through the ‘mother of all recessions’.”

“This was the most real estate friendly recession ever.”

“All the jobs that were lost during this crisis were lost among low wage occupations – most of them are renters.”

“There is 1/3 of the economy still stuck in this ‘L-shape’ recovery.”

“You will see the Bank of Canada not touching interest rates until 2023.”

“There is more activity in the more expensive, larger segment of the market.”

“Every crisis is a trend accelerator.”

“This means that the condo space will start softening very, very soon…I’m seeing clearly a market that is going to adjust.”

“I think that we will see a very strong recovery in the economy in the second half of 2021 into 2022.”

“We tend to exaggerate things when we are in a situation, and we are in a situation now.”

“The rental market has been on fire until the crisis started, so it’s going down to normal levels.”

“The concept of rush hour seems so primitive now.”

“I’m not losing sleep over inflation any time soon.”

“Let’s view the situation from a long term perspective and see what makes sense and what doesn’t.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

For the first episode of Season 4, Carmen and Jordan welcome guest, Ryan Carr, to the show to discuss how to determine the highest and best use of a property. This strategy helps investors determine the most reasonably probable and legal use of a property which results in the highest value of that property. Ryan shares some of the key factors he uses to evaluate highest and best use that considers the land itself, the structure of the real estate asset, and unique investor skill sets. Listen in today and learn how to maximize your return on your investment!

Episode Highlights:

· Ryan’s real estate investing career and how it started · Qualifying for loans · His definition of ‘highest and best use’, its 3 metrics, and how Ryan learned about it · Wholesaling · How Ryan’s strategies can help listeners find opportunities · A case study of one of Ryan’s properties · The vertical split · The Napkin Formula · Ryan’s recommendations for current and potential investors · The Highest and Best Use Playbook

Quotes:

“What can I do with a number of these different avenues…and how can we get the best result from that?”

“I always recommend to work with pro’s, but this I learned by way of osmosis, just generally taking an interest in what I was doing.”

“Every deal I look at has these 3 elements.”

“If I understand these metrics and I understand where to find the opportunity, you can cherry pick the stuff that you want.”

“It’s really determining what the best potential of a property is so that investors can yield the best return on their investments.”

“I might as well make it unique.”

“There’s more deals that aren’t deals than deals.”

“It’s fun!”

“Keep your job until it costs you to do otherwise.”

“Start with the end in mind.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

'The Highest and Best Use Playbook' Homepage: https://www.thehighestandbestuse.com/waitlist

For the Season 3 Finale, Carmen and Jordan welcome guest host Andrew Hines, real estate investor, builder, and podcast host, to turn the tables and interview them about their recent restoration of a heritage building. Their conversation details how real estate investors can generate demand for their investment properties by creating a unique and desirable product that stands out from the competition. Carmen and Jordan also talk about the importance of marketing and branding rental properties, and how this translates into increased rental income and higher property valuations, all while exploring the case study of their magnificent “Oscar on Bold”. You don’t want to miss out on this property, or this episode!

Episode Highlights:

· Finding the property · The requirements involved in working with a heritage property · How to recognize a deal · The funding for the project · The work done on the building · Details about the building and the individual units · Getting top market rents · Creating buzz and demand · Private financing

Quotes:

“It’s one of the oldest buildings in Hamilton.”

“It was very intimidating to other people.”

“There is definitely a buzz coming to that location.”

“The hallways are absolutely outstanding.”

“The shell is basically from 1900.”

“The ideal location, absolutely.”

“When we talk about getting higher rents, it’s the whole image and feel of the entire building.”

“I picked everything in this building…it’s a feeling you create.”

“It’s going to be the talk of the town.”

“This is one we’re going to hold onto.”

“It really has that Art Deco feel.”

“Making it like a home.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

To Learn more about The Oscar on Bold: https://theoscaronbold.com/

Andrew Hines: Instagram: @TheAndrewHines The Andrew Hines Real Estate Investing Podcast: https://www.youtube.com/channel/UCYGI…

Carmen and Jordan are so excited to be joined by the legendary GT Singh and learn about her 40+ years of experience investing in real estate. In this episode, GT shares her wisdom and knowledge from active investing, purchasing and holding rental properties, to passive investing in mortgage investments. She also explains how she has utilized the earnings from her investments to create her own charitable foundation which provides scholarships for young women to attend college in India. GT is a true inspiration to our hosts, and will undoubtedly be for you as well as you listen in today!

Episode Highlights:

· GT’s story · Her first property · Interest rates · Her perspective on investment properties · Equity Builders · Passive investments · A case study of one of GT’s investments · Using equity · The charity that GT has created · Her advice to potential real estate investors

Quotes:

“I think we’re just on this trajectory where we’re going to continue to see that growth.”

“Your life has basically been your career in real estate.”

“I’m not lucky – you have to take the first step.”

“This is cheap money!”

“The tenant is making you rich.”

“Your theory was 100% accurate.”

“This is the way to go.”

“You can actually earn interest while you’re sleeping.”

“Until the philosophy changes, you don’t change.”

“Every cent that comes into the charity is only for these girls.”

“I love giving back.”

“Call these lovely ladies, and get involved, and figure out how they are going to make you money to go enjoy better things in life.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Learn more about GT’s charity: http://www.beantagya.com/

Carmen and Jordan welcome guests, Simeon Papailias and Jacob Campagnaro, realtors at REC Canada (The Real Estate Centre), to the podcast today. Simeon and Jacob discuss how investors can graduate from owning residential properties to commercial, the many benefits of this asset class, and how to get approved on a commercial mortgage. Jacob also generously offers a free gift for listeners. These two are truly experts in this field, so be ready to take notes on the valuable information and advice that they have to share here today.

Episode Highlights: · The status of the market in the GTA · Cap rates · Getting started in commercial investment · Optimal locations and properties · What investors need to know when buying commercial properties · A case study · Getting approved on a commercial mortgage · Jacob’s gift for listeners

Quotes:

“We lead with education.”

“Real estate is the best investment vehicle in the world.”

“You’re actually purchasing for future value.”

“You’re mitigating risk…it’s an economy of scale.”

“Not only is it tax free, you’re going to create an ROI that is through the roof.”

“It is a niche field.”

“What you want to create is a trusting team that’s going to represent your interests for the long term.”

“That’s the power of creative financing.”

“It’s the property that has to identify with the rules that the bank sets.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

The Real Estate Centre: www.reccanada.com

To receive a complimentary cash flow analyzer please email: commercial@reccanada.com

Sahil Jaggi joins Carmen and Jordan on the podcast today to discuss his precise strategy when it comes to buying an investment property, in which he targets properties in the Greater Toronto Area that are poised for accelerated growth. Along the way, he shares his story of getting into real estate investment, his perspective on joint ventures and finding deals, and his plans for the future. Be sure to listen to the full episode to hear a case study of one of his properties and learn his trade secrets when it comes to selecting a region in which to invest! Episode Highlights: · How Sahil got started in real estate · His first property · The metrics that Sahil uses when selecting a property/area · His overall strategy and goal · Joint ventures and finding deals · A case study of one of Sahil’s properties · His advice for those looking to get started · Sahil’s plans for the future

Quotes:

“I need to…not waste money on rent, and I need to buy something for myself.”

“I feel like land is always king when it comes to real estate.”

“As much as I like to hold properties, at some given point you have to pull the equity out to grow.”

“You have to look for areas that are growing and not saturated.”

“It’s always about how you can beat the market.”

“I have never purchased a property that has more than 30 minutes commute to downtown.”

“I’m going to be risk-averse when the market shifts.”

“I’ve bought 4 or 5 properties in my portfolio just from door knocking myself.”

“One of the things that I always do before I refinance is I make sure that the tenant has been turned over.”

“You have to work with the right experts.”

“If I can do it, a lot of youngsters can do it.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Sahil Jaggi Instagram: @minkrealestate

Carmen and Jordan welcome their special guests, Maria Durdan and Bilal Mirza from Simpson Wigle Law, to discuss what every investor should know prior to purchasing a pre-construction condo. Both real estate lawyers, Maria and Bilal share what clauses to look out for and how to set yourself up properly so that you can ensure your best interests are covered. Brimming with knowledge and advice, Maria and Bilal offer an insightful glimpse into both the complexities and the vast potential benefits of these investments here today.

Episode Highlights:

· How Maria and Bilal got into their current roles · The process involved in purchasing a pre-construction condo · Standard and key contract items and conditions to be aware of · The importance of diarizing important dates and reviewing adjustments · Recommendations for purchasers · Assignment clauses and fees · Key aspects to look at if considering to use these for short term rentals · Warning clauses · The importance of having a lawyer review your documents

Quotes:

“It’s so important to understand the community you’re buying into.”

“You have to use reasonable efforts.”

“At the very least you want to cap them.”

“It’s very important for people to be prepared and understand this whole thing.”

“Your condo is developed for a certain amount of occupants. If you start doubling that, the wear and tear is there, replacement is a lot faster than you budgeted for.”

“Our investors or buyers, homeowners, really need to have a lawyer review their condo docs before they waste the day away, and then, the next thing you know, they’re stuck in a contract and have no way of exiting.”

“Short term pain for long term gain.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

To contact Simpson Wigle Law: Web: www.simpsonwigle.com Email: info@simpsonwigle.com Tel: 1-800-434-4414 (toll free)

Brittany Arnason, aka Investor Girl Britt, joins Carmen and Jordan on the podcast this week to discuss her unique, DIY approach to renos and rehabs. Brittany does all of the manual labour and design on her properties herself, giving her a competitive edge in keeping costs low in order to maximize profitability. From Brittany’s early start in real estate to the strategies she employs in achieving her remarkable level of success, this episode shows the formidable power of determination from this one-woman show!

Episode Highlights:

· Brittany’s start in real estate · The story of her first property · How she selects the areas to invest in · The renovations that Brittany does on her properties · Her portfolio and how she builds it · The BRRRR Strategy · Her typical turnaround time · A case study of one of Brittany’s properties · The cash flow on her properties · Her advice for investors · Where Brittany gets her creative design ideas · Her vision for the next 5-10 years

Quotes:

“I was really lucky to have my mom as an inspiration for me.”

“It was a great first buy.”

“There’s not a lot of people that want to put in the work.”

“Taking a property that’s run down and really ugly and then making it beautiful and a place that someone wants to live.”

“I purchased the property…on a personal line of credit.”

“That’s why I love this strategy, because we are able to pay ourselves back.”

“Start very small and take on one little thing at a time.”

“I learned a lot through online - YouTube, Instagram.”

“You blow me away.”

“There’s so many opportunities out there.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Carl Gomez is Carmen and Jordan’s very special guest this week. With over twenty years of business experience, Carl is a well-known Canadian economist and respected investment professional specializing in real estate. He discusses what housing affordability looks like across Canada, demographic trends, where investment opportunities may present themselves, and what the future of Canadian real estate looks like. Filled with experience, knowledge, and wisdom, Carl has so much to share with all of us here today.

Episode Highlights: · Carl’s start in the industry · His thoughts on the Canadian real estate market and low interest rates · The rental market and its ‘missing middle’ · Comparing Canadian and international housing affordability · Housing affordability drivers and problems · Carl’s predictions regarding Canadian real estate and housing prices · The impact of immigration on the real estate market · His perspective on buying real estate in Ontario

Quotes:

“There’s supply and demand factors that are really driving the housing market right now.”

“All those people coming to Canada really want that Canadian dream of home ownership.”

“Interest rates have really come down over the last 30 years.”

“It is so tough to find income property today.”

“I think the reality is we’re going to continue to see these rates very low for a long period of time.”

“As people look at the housing market, and they’re priced out of the market, it pushes them into the rental market.”

“There’s a lot of older rental buildings out there that are not functional for a lot of people.”

“I think the real trick with it is to build the right product for the right people.”

“One of the things I am concerned about is growing imbalances or bubbles.”

“It’s much more stable than, you know, a lot of other investments.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Today’s episode is a very special one where Carmen and Jordan welcome international interior designer, Regina Sturrock of Regina Sturrock Design, back to the show for a home makeover episode. This time around, four lucky individuals have won the opportunity to receive a design consultation on how to improve a space in their home through a designer’s eye! The incredible transformations of a bathroom, kitchen, master bedroom and living space are all described in detail, as are Regina’s thoughts on the value of home design as an investment. Episode Highlights: · Regina’s background · The room transformation consultation contest · The four entries into the contest · The importance of addressing underlying issues · Framed art TVs · Why design is such a good investment · Designing homes for resale investors

Quotes:

“I absolutely love what I do.”

“We’ve been in business for over 23 years now!”

“The roots of design are really based on and hinged with beauty.”

“We did take a certain degree of artistic license.”

“I’m sure that they’re going to be able to, you know, transform their real spaces based on those visuals.”

“It’s screaming 70’s.”

“It’s really about maximizing the layout.”

“I call this room Modern Renaissance.”

“That brings happiness, it brings productivity, it brings positivity, and it brings success in our lives.”

“That is return on investment that is priceless.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Contact Regina Sturrock : Web: www.reginasturrockdesign.com Instagram: @ReginaSturrock

In this week’s episode, Carmen and Jordan meet with Jaimie Walker, Independent Self-Storage Consultant, to discuss the investing opportunity for self-storage facilities. Jaimie talks about how the industry has evolved in the past decade, why this makes for a fantastic investment, and she also provides key industry insight on how to purchase, convert, and build a storage facility of your own. Self-storage has increased considerably in popularity and innovation over the past decade or so, and Jamie is here today to tell us all how to get in on this highly lucrative investment.

Episode Highlights:

· Jamie’s start in the self-storage investing space · The services Jamie provides · What self-storage is exactly · Jamie’s consultations · The best areas in Canada right now for this investment · Typical storage rates · Cap rates and what they are currently for storage facilities in the GTA · Why this is such a good real estate investment · The factors involved in running a successful and profitable facility · The most comm0n ways to get started · Purchasing an existing facility · Key points for those with a piece of land available · Converting a current industrial space

Quotes:

“Self-storage has changed a lot from what we see in the movies and television.”

“Now they’re rivaling A-class office buildings with the highest technology that you could possibly imagine and they’re beautiful.”

“There’s still a lot of opportunity out there.”

“There’s kind of a little bit of something for everybody.”

“There are no restrictions in rental increases.”

“It’s a very lucrative business.”

“You’re going to buy that facility based on the income in place today.”

“Really do your research.”

“I want to get into self storage!”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Carmen and Jordan Campagnaro welcome their new partner in District REIT, Scott McGillivray, to the podcast today to discuss how average individuals can make money by investing in these real estate investment trusts (REITs). Focusing on their District REIT, a private, diversified REIT that invests in income producing real estate in South Western Ontario, Scott and our hosts reveal how such investors share in the collective ownership of a portfolio of real estate assets, generating cash flow and capital appreciation along the way. They also explore exactly what a REIT is, what the benefits and associated risks are, as well as how to get involved. This is an exciting time for these consistently lucrative investments, and today’s episode shows you how you get in on the ground floor.

Episode Highlights:

· Scott’s background in real estate investing · What a REIT is · Scott’s partnership with District REIT · How investors make money on REITs · The potential risks in REITs · Types of funds eligible for investing in REITs

Quotes:

“This isn’t something that was taught to us in school. Our financial literacy in this country is very low, unfortunately.”

“Over the last 15 years, they’ve so astronomically outperformed other average and conventional stocks and bonds.”

“I’m so happy now that we can share with our investors the wealth we create.”

“You will now be able to participate in something that is super scalable.”

“Basically, you’re owning a portion of a large scale portfolio of real estate assets.”

“It allows the average individual to kind of ride the coattails of…industry investors like ourselves.”

“District…it’s got flexibility.”

“Historically, District has been distributing 8%.”

“It won’t affect your tax rate because it’s considered return on capital.”

“You’re getting the cash flow and the capital appreciation.”

“It continues to diversify.”

“Overall, it’s always been a great gain for me.”

“Typically, when stocks go down, we’ve seen REITs either stay stable or even go up because they’ve become more valuable with those consistent returns.”

“The sky’s the limit!”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

This week, Carmen and Jordan sit down with their good friend, Rav Toor, to discuss the mindset required in being an entrepreneur and real estate investor. They look at when and when not to invest, when to use contracts, their approach to investing, and buying properties with a vision. They also introduce a new website they have launched, the importance of their brain health strategies, their overall mission, as well as ‘District REIT’ which they have started. The friendship and mutual respect between Rav and our hosts is palpable throughout this very special and thoroughly informative episode today, making it one you just can’t pass up.

Episode Highlights:

Knowing when to say ‘Yes’ or ‘No’ to an investment
Carmen’s perspective on having contracts
Carmen and Jordan’s approach to real estate investing
Their first deal together
Buying a property with a vision for it
onceuponastay.com
Maintaining brain health
Carmen and Jordan’s mission
District REIT

Quotes:

“I’m very challenged at saying ‘No’.”

“What are the sacrifices I’m making in order to acquire that?”

“It really is such a skill to be able to find these properties that others are overlooking…you definitely have that vision.”

“I had a breakdown 5 years ago because I couldn’t feel it in my brain.”

“When I get home - and my family knows it - we don’t talk business at all.”

“You could easily be consumed by it.”

“I do not work on the weekends.”

“We have to be more self-aware of what brings stress, and what, you know, we can handle.”

“Everybody should take that break.”

“This kind of stuff is not taught in schools.”

“We really want to be able to educate and empower others to be able to go out there and create wealth for themselves based on different approaches that we want to convey in our show. So, for us, it’s all about that education.”

“You can participate with us in this.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Once Upon a Stay homepage: https://onceuponastay.com/

Carmen and Jordan welcome their guest, Craig Harrison, to the show this week to talk about passive real estate investments. Craig utilized equity from the sale of his home to invest in mortgage investments, land development, and REITs (real estate investment trusts), enabling him to earn passive cash flow without active management. If you ever dreamed of retiring early and enjoying life while your money works for you, this is the show for you!

Episode Highlights:

Craig’s background
Getting involved in passive investments
The security in real estate investing
How mortgage investing works and Craig’s involvement in it
A case study of one of Craig’s investments
Utilizing RRSPs
Craig’s other investments
What’s next for Craig

Quotes:

“You basically earn while you’re sleeping, golfing, travelling, skiing. Like, how amazing is that?”

“I can control my own destiny. I have no more stocks.”

“From my perspective, I only invest in real estate…in real estate, you actually have tangible security.”

“Basically filling the shoes of the bank.”

“I don’t know too many other places that you can go and get those kinds of returns.”

“You need to be flexible with those funds if they’re in there.”

“I call your team to find out how I’m doing.”

“We’re very protective over our investors.”

“It is inspiring for others to see what you’ve done.”

“I think it’s a really, really great place to be in.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Carmen and Jordan meet with guest, Startup Advisor and Venture Acceleration Expert, Subhi Alsayed, to discuss the importance of sustainability in development. Subhi shares his vast amount of knowledge about using renewable energy resources in new construction, the newest technology being utilized in real estate called “Prop-Tech”, and how this can benefit developers, tenants and our planet. A true visionary, Subhi is gifted with an eye for future trends and a passion for sustainability that shine through brilliantly in today’s fascinating episode.

Episode Highlights:

Subhi’s professional history
Prop-Tech
Government subsidization
Geo-thermal energy and its cost effectiveness
A geo-thermal community
The advantages for builders/developers
‘Prosumers’
NetZED and its costs
Current and future trends
What’s next for Subhi

Quotes:

“My goal is to be part of this movement to make every building green.”

“What’s changing is the technology to extract the energy source and deliver it to the end user.”

“Usually, these things are done by builders who have the foresight and the innovative steam, let’s call it, to go the extra mile and explore what’s coming around the corner.”

“Progressive developers are exploring ways of bringing in new models.”

“It’s no longer about the needs, it’s about the want.”

“Commercial buildings and office buildings are usually relatively easier to adopt these standards.”

“We’ve made big strides.”

“The challenge with technology is that when you start talking about it, by the time we’re done, it’s already dated.”

“Prop-tech is becoming a major area of focus for investors.”

“I think that it’s the way that we need to be going.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Carmen and Jordan Campagnaro meet with real estate investor Sami Kahn to discuss how investors can maximize their income by investing in short term rentals. Sami shares the types of properties he looks for, what it means to be an Airbnb Superhost, his setup process, and a case study of one of his properties. He also offers some of his trade secrets and insights into his business as well as his advice for those thinking about following in his footsteps. As Carmen notes, Sami Kahn is destined for even greater success in this business, and in today’s episode, you have the valuable opportunity to learn precisely the steps he is taking to achieve this.

Episode Highlights:

Sami’s background and how he got into real estate
His unique method of investing
The types of properties he looks for
Private rooms
Airbnb Superhosts
Sami’s setup process
A case study of one of Sami’s properties
His trade secret for getting his rentals filled
Sami’s current portfolio
His potential annual returns
The new Airbnb rules and their impact
Sami’s advice for those looking to follow his example

Quotes:

“I was working close to 80-90 hours a week.”

“The best thing that has worked for me the most is the track record.”

“Studio units are what I’ve been going after…you’re not going to party in a studio.”

“It all depends on the demographic or market you’re trying to hit.”

“I don’t go into an Airbnb if I don’t make the setup in the first month.”

“I want it to be cash flowing right away.”

“Do your market validation, do your market research, make sure you have enough capital to go in…find a mentor.”

“I think he’s going to be a future hotelier. He’s going to be huge.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Carmen and Jordan Campagnaro welcome tax expert and Partner at BDO Canada, George Dube, to the show this week to discuss common Canadian real estate tax questions. George covers the benefits of different real estate ownership structures, how to approach renovations from a tax perspective, along with best tax structures for passive investments. He has been around for decades servicing real estate investors specifically and is an investor himself, so he has a unique understanding of all sides of the business, and he shares so much of it here today.

Episode Highlights:

How George got started in the real estate tax space
George’s bowties
The contrast between investing under personal or corporate entities
Tax advice for ‘flipping’ properties, handling ownership of corporations,
What family trusts are and how they work
The tax perspective on owner occupied residences vs. rental properties, renovating properties,
Passive vs. active investments

Quotes:

“The most common, if you will, is deciding between personal and corporate, although there is a host of other alternatives.”

“With a corporation properly created, I have a lot more flexibility.”

“There’s pros and cons in why I think it’s important to involve multiple people to the table – it’s not just a tax decision.”

“Instead of that ‘parent corporation’, we’re more frequently using a family trust now.”

“If I was personally owning all my assets, as an example, it’s possible I might be giving away roughly 25% of my estate to Revenue Canada – a family trust, potentially zero.”

“I involve my GST and HST Team here because they deal with this on a day in/day out basis.”

“By all means, I want to pay all I’m required to pay, I just don’t want to donate extra.”

“I don’t like the handcuffs.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

This week, Carmen and Jordan meet with Florida realtor, Alex King, to discuss why Canadians have been purchasing real estate in Florida, as well as how vacation rentals in Southwest Florida can make for an incredible investment vehicle. Our hosts have nothing but respect for this ‘King of real estate’, and today’s episode will make it crystal clear why!

Episode Highlights:

Alex’s background
The market in Fort Myers Beach and the Canadians interested it
What’s happening there
The types of properties Canadians are buying in Fort Myers Beach
What Fort Myers Beach is like
The story behind Carmen’s Florida properties
Sugar Beach Homes
The challenges and options for Canadians when purchasing properties there
Current and planned infrastructure improvements

Quotes:

“We love working with you.”

“I’m basically helping people understand how they can invest in Florida and rental property and live the dream, enjoy the lifestyle, and make money, too.”

“Buy the cheapest piece of real estate in the most expensive neighborhood.”

“Now’s the time to buy or you’re going to miss the boat on this one for sure.”

“The sand is different – it’s like sugar.”

“Fort Myers Beach has been voted the top place to vacation and buy a vacation home in 2020.”

“There’s a lot of Europeans that come in the summer months.”

“Family friendly and safe.”

“We have a real scarcity of high-end remodeled product.”

“We’re going to have a really beautiful portfolio there.”

“It is such an exciting and lucrative investment opportunity that investors should be aware of.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Sugar Beach Homes homepage: https://sugarbeachhomes.com/

This week Jennifer McCarthy from Teacup Tiny Homes, joins Carmen and Jordan to discuss investing in tiny homes, and how this can make for a very lucrative investment opportunity! This interesting industry has been growing in popularity in recent years, and today you’ll learn all you need to know from what they are to where they can be used to how to make money investing in them. Jennifer knows this business inside and out, and she shares it all with you here today.

Episode Highlights:

How Jennifer started Teacup Tiny Homes
What are tiny homes?
The demographic for them
Designing, customizing and building tiny homes
Where Teacup can ship them to
The many options available with tiny homes
Where you can put them
Using them as rental investments
The future of tiny homes
Tiny home communities

Quotes:

“What you do see often is tiny homes on wheels, and that’s what we’ve started with at Teacup.”

“They want the beautiful design that we specialize in.”

“It’s getting harder and harder for millennials to get into the housing market.”

“That’s where a lot of the millennials are wanting that more nomadic lifestyle, so they really like the trailers.”

“If they’re on wheels…you can put them really anywhere you can put an RV.”

“We think in square inches instead of square feet.”

“It’s like playing Tetris.”

“We’re designing the whole system to meet their needs.”

“The easiest way to do it is to be fully hooked up to the grid.”

“They don’t use a lot of power.”

“I think the fantastic option would be as an investor to buy one of these and rent it out on Airbnb.”

“There’s fantastic potential there for sure.”

“Municipalities, they really do want to work with you.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

This week, special guest host Scott McGillivray interviews Carmen and Jordan about ‘The Power of Leveraging Real Estate’. This episode goes through how you can acquire real estate, and manage fund renovation costs, closing costs and interest expenses, through private financing. In addition to all this, you’ll also receive some valuable advice from Jordan about getting started in these types of deals, rendering this a truly fascinating and inspiring episode.

Episode Highlights:

Breaking down Jordan and Carmen’s ‘home run’ deal
Working with family on this joint venture
Instant equity
Getting creative with private money, leveraging property and interest expenses
The renovations and how they funded them
What they are doing with the profits from this deal
Jordan’s advice to others

Quotes:

“You guys just hit a home run with this deal…a lot of money in a short period of time using none of your own money.”

“Jordan saw the vision.”

“We have a lot of private money behind us, so that’s the key…my negotiating tool.”

“This is the short term strategy.”

“Basically, you baked the interest expense into the loan itself.”

“This is not something they teach you in school.”

“It’s addictive.”

“This is where private financing is such a huge asset.”

“This is called sweat equity.”

“It is important to start.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

On today’s episode, Carmen and Jordan welcome experienced realtors, Simeon Papailias and Jacob Campagnaro from the Real Estate Centre, to talk about the current trends in the Ontario real estate market, along with the benefits of investing in commercial real estate. They also review the importance of doing research when looking into investing, discuss how to screen a potential tenant, and offer a free gift to all listeners. Filled with knowledge and advice - not to mention the free gift - this is an episode you don’t want to miss!

Episode Highlights:

Simeon and Jacob’s background
Current trends in Ontario real estate
The importance of doing your homework when looking to invest
Commercial real estate investing, how it works and the benefits it provides
Screening a tenant
Simeon and Jacob’s gift for listeners

Quotes:

“Buying and selling real estate and relocating is part of my life’s fabric.”

“With the appropriate support and the appropriate understanding, commercial is actually a lot simpler than people think.”

“The market from a residential, multi-residential perspective – very hot.”

“It seems a bit daunting.”

“The banks look at the building’s ability to service the debt, it’s not you personally.”

“We look for holes and cracks in the marketplace that we can, obviously, leverage to our advantage.”

“We could talk about this all day.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/ Download the Real Estate Intelligence Book Here

HGTV television personality, Paul Lafrance, joins Carmen and Jordan to talk about adding value to your backyard. In this episode, Paul dives into the significance of having a backyard retreat, and what you can do to create a special outdoor space that will stand out whether it’s for an investment property or your home. Paul is an expert with a unique approach who has so many great ideas and he shares so many of them with listeners here today.

Episode Highlights:

How Paul got started with HGTV
His new show, ‘Backyard Revolution’
Why he loves working with backyards
Paul’s tips for adding value to homes and properties
His suggestions for investors
Outdoor kitchens
Being away from the property

Quotes:

“I’ve been able to do what I love to do.”

“I’ve never really followed the path of the typical professional.”

“My greatest fear in life is being bored.”

“The need to have a place of rest has never been more paramount.”

“It’s either the computer or peace.”

“Sometimes you can have too much deck.”

“They want to be able to go into that backyard space without looking around thinking about all the maintenance they have to do.”

“A deck that is so boring that it makes my eyes bleed, a square box, will still get you 90% return on investment.”

“The most important part is that the minute you are in that home, you can see it from the most highly trafficked areas of the house…now you’re creating that emotional response.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

John Mehlenbacher, Founder and COO of The Condo Store Canada, joins Carmen and Jordan to talk about investing in pre-construction condominiums. This episode covers everything from how the process works to the risks and returns involved, as well as some interesting projects that John is looking into for the future. As Carmen notes, John possesses an absolute wealth of knowledge on today’s topic, and he shares so much of it here today along with the valuable advice which he has gained during his many years in the business.

Episode Highlights:

How John got started in real estate
The Condo Store and how it operates
Investing in pre-construction condos
The process and stages involved in these investments
Liberty Village and The Stockyards
A case study of an average investment
Typical returns on these investments
The potential risks involved
Assignments and how they work
Interesting projects on the horizon for John

Quotes:

“Our job is to find up and coming neighborhoods, up and coming projects, that will give you a better return on investment than the typical return.”

“We try to find the right condo investment for our clients.”

“I’ve seen so many people make so much money in this industry that way.”

“We cannot build housing fast enough for people to live in.”

“There’s no fear of losing your deposit.”

“Over time everything goes up.”

“There’s a tremendous amount of people that make all of their money on just assignments.”

“The best time to assign is usually after 3 years anyway.”

“Burlington feels like Toronto did 20 years ago.”

“Real estate has always been a strong investment and over time you will never go wrong.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Real estate investor and land developer, Charles Wah, joins Carmen and Jordan to discuss investing in infill land development, a strategy which is all about the process of developing vacant or under-used parcels within existing urban areas that are already largely developed. In addition to learning about Charles’ start in real estate investment, you will find out about the criteria he uses when looking for land, the due diligence in which he engages, the difference between bank financing and private money, and, of course, the many benefits of this investing strategy along with how lucrative the returns can be! This is an episode you do not want to miss!

Episode Highlights:

Charles’ start in real estate
His start in development
Infill land development
The main benefits of this strategy
The criteria used when looking for appropriate land
The due diligence involved
A case study of one of Charles’ investments
The reports involved
Bank financing vs private money
Charles’ advice for those starting out

Quotes:

“We got to see the opportunities that real estate can provide for families.”

“I love to be able to create and have impacts on communities.”

“That was a totally ‘meant to be’ project.”

“This is also a provincial mandate through their growth plan. They want intensification.”

“Land is very valuable.”

“It’s best to start small.”

“Limited risk to high potential reward.”

“As long as we know that what we’re proposing is really going to benefit the neighborhood, that’s what helps me to sleep at night.”

“It’s an amazing investment.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

In today’s episode, Carmen and Jordan are joined by retired Financial Planner, Jim Steele, who talks about his life experience investing in public investment products compared to his newly found avenue of real estate investing. Throughout their discussion, Jim and our hosts explore the definition of mortgage lending, Jim’s due diligence process, a case study of one of his investments, and both Jim’s ‘why’ for investing in real estate, and his advice for others who may be thinking of getting started in it as well. An experienced, thoughtful, and conservative investor, Jim has a uniquely insightful perspective on investing in real estate products, rendering this yet another ‘must listen’ episode.

Episode Highlights:

Jim’s background
His start in real estate investment related products
Jim’s current investments
Mortgage lending
His due diligence process
A case study of one of Jim’s investments, the Dover Coast project
Using home equity to invest
Jim’s ‘why’ for his investments
His advice for others

Quotes:

“The problem is that the clients were happy when they had some years when it was double digits, and some years when it was negative double digits. So, therein lies a problem.”

“Everything that my clients did, I did first.”

“There’s great upside with mortgage lending and it is secured on real estate.”

“We love it.”

“It was easy – we did it from home.”

“It’s fun making a lot of money.”

“You pick the best of the best before I even see them. I have the opportunity then to screen it as well.”

“God did not prosper us to raise our standard of living, but to raise our standard of giving.”

“You’re an inspiration.”

“Do some homework, ask questions…crunch your own numbers…and then do one.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/ Download Your Public Investment Chart Here!

On this week’s episode, Carmen and Jordan meet with Jamie Spreng, CEO of Quantus Investment Corp., who provides a comprehensive overview of investing in a Real Estate Investment Trust (REIT). As you will discover, a REIT is a passive real estate investment vehicle that allows participants to share in the ownership of large commercial and residential real estate without having to worry about management, and Jamie shares absolutely everything you need to know about them here today.

Episode Highlights:

Jamie’s background and his current role
The type of products Quantus deals with
What a REIT, a DRIP, and an Offering Memorandum are
What District REIT offers
The difference between a private and a public REIT and the pro’s and con’s of each
Types of real estate assets with District REIT
The type of returns on REITs, how they work, and how they’re taxed
The registered funds that are eligible for use in this investment
How to get started investing in a REIT
Who can invest in a REIT
The benefits of a REIT

Quotes:

“It allows the investors to come together, pool their money, and participate in investments.”

“They get to actually own pieces of each and every one of these properties…that’s an awesome concept.”

“The properties that are in District REIT are all income producing properties.”

“A private REIT…it’s based on the net asset value of the portfolio.”

“There’s an advantage to having the diversity.”

“When you get into multi residential properties…the value is all dictated by the income.”

“You don’t have to do the work.”

“In the case of District, over 90% of the profit that comes in gets paid out to the investors.”

“It’s based on what the actual properties are producing.”

“You are paying later, and you’re paying roughly half the tax.”

“It is RRSP eligible.”

“Everything about it from an income point of view and from a capital appreciation point of view is fantastic.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

For more information about the District REIT go to www.districtreit.ca

This week’s guest, Tyson George, joins Carmen and Jordan to talk about how he bought his first investment property at the age of 15 years old. As you listen in, you’ll hear some inspiring stories of how Tyson generated income from the age of 11 years old, through auctions and flipping furniture, to put a down payment on 2 properties, as well as strategies on how he leveraged equity in his 1st property to buy his 3rd. You’ll also discover how he was able to get a mortgage at his age, some details of his time management practices, and his goals to invest further and inspire others to follow in his footsteps. There is no doubt about it, Tyson is one incredible person who has a lot to teach us all, young and old, and he does just that in today’s fascinating episode.

Episode Highlights:

Tyson’s background
What sparked his interest in real estate
How his parents have helped
His auction purchases and furniture business
His time management practices
The stories of each of his properties
How he is able to get a mortgage
How he finds the right properties
The definition of a ‘bully offer’
Tyson’s goals
Teaching others about financial planning
His friends’ perspective on his investments

Quotes:

“You’re incredible!”

“At 11, I made it my goal to own an investment property as soon as I can.”

“Where my friends are sleeping on a Saturday morning between 6 a.m. and lunch, I’m out making money.”

“I’m very fortunate where, now, my property, after putting in the renovations, has grown a lot in value, so I’m able to pull equity out of it to buy my third one.”

“You actually saved $20,000 in 4 years.”

“So you want to get into the multi-unit buildings…it’s a great direction to go.”

“I had youth messaging me on Facebook and Instagram telling about their business ideas and asking how they can get into it.”

“I think you’re an amazing testament to show others that, you know, no matter how old you are…there’s always a way, no matter what, to get started in this.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Lawyers Hussein Hamdani and Paul Demarco, of Simpson Wigle Law, join Carmen and Jordan to talk about all of the most frequently asked questions investors have when it comes to private and syndicate mortgage investing. Their knowledge in the industry brings clarity to many common misconceptions, and, in this episode, they also describe their roles at Simpson Wigle, define a number of pertinent investment terms, and explain the closing process, the payout, as well as the risks involved and how they can be mitigated. The sheer amount of knowledge that they possess in what can be perceived as a complex process will both astound and inform you as you listen in today.

Episode Highlights:

Hussein and Paul’s responsibilities at Simpson Wigle Law
What a mortgage investment is
Definitions of terms such as General Security Agreements, Assignment of Rents, Loan-to-Value, and ID Attestation
Their role in these investments
How the closing process works and why it can take some time to complete
The payout and the possible delays involved
The risk involved and how to mitigate it

Quotes:

“It’s a registration against a piece of real estate.”

“Every mortgage investment will have a registered charge on title because that’s the best protection we have.”

“There’s a number of tools available to the lender…to help recoup their money if need be.”

“We will not release anybody’s money until we’re satisfied that that security is in place.”

“No one gets paid until it closes…we all have a vested interest in making sure it’s done correctly.”

“We need to make sure that that investor, in fact, signed those documents.”

“Lawyers are not investment planners or investment advisors. All we do is ensure that…the legal, technical security, is in place.”

“Investors really need to make their own decisions.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Simpson Wigle Law is a sponsor of 30 Minutes to Wealth http://www.simpsonwigle.com/

Outfits featured by Carmen and Jordan are courtesy of Ti Vesto Boutique, which is a family-owned clothing shop featuring unique and fashion forward Italian designers. http://www.tivestoboutique.com/

Carmen and Jordan interview guest Grant McDonald to discuss the concept of ‘House Hacking’, leveraging other people’s equity, utilizing private funding, engaging in joint ventures, and having an investor’s mindset. Listen in today, and learn how you can buy a multi-unit property and live for free while your tenants cover your mortgage payments and help you build equity in your real estate!

Episode Highlights:

Grant’s background and how he got started in real estate
His first couple properties
House hacking
A case study of one of his properties and its ROI
Leveraging other people’s equity
Joint ventures, making sure they work, and investor returns with them
Utilizing private funding and the benefits involved
Having an investor mindset as opposed to a consumer mindset
What Grant looks for in a property
His advice for those who would like to follow his example

Quotes:

“I bought my first income property at the age of 23, basically as soon as I could.”

“You’re an inspiration.”

“Basically, what this means is, you’re able to live in this property, pay the mortgage payments, and you’re actually getting paid to do so, nothing out of pocket. That is so cool.”

“This seems like such an amazing strategy that more people need to be taking advantage of.”

“I don’t believe in renting – I never did.”

“The tenants are paying down your mortgage.”

“They get to sit back and relax, and…see the cash flow come in every month.”

“The biggest tip would be educate yourself…but don’t try and reinvent the wheel.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Carmen and Jordan welcome Jaclyn Harper of Harper Designs to the show to discuss decor tactics that can increase your ROI on your home or investment property! Jaclyn shares her background in TV and interior design, as well as improvements to both the exterior and interior of your house that you should consider when looking to increase value. Along the way, she stresses the need to do your research, especially about your market, before making any renovations. In addition to all her valuable information during the episode, Jaclyn is also offering a free gift to listeners which you will find in the links section below. The ROI you can enjoy just by making a few improvements to your home is simply amazing. Listen in today, and let Jaclyn tell you how!

Episode Highlights:

Jaclyn’s background and start in interior design
Exterior improvements to your home
Doing your research, including looking at your market, before making renovations
Backyard tweaks
Interior improvements, especially in the kitchen, bathroom, and basement
Selling the lifestyle
Luxury vinyl
Design/staging consultation

Quotes:

“I actually was a DIY guru for a local morning show for about 3 years.”

“Evaluate how your home looks, because that’s how people see it.”

“You can get 7% more on your ROI just by investing in your landscaping.”

“Try not to make decisions for yourself but for the investment and for the people that will be living in that home.”

“Your backyard, it’s actually known to bring back 70% ROI, and people don’t know that.”

“That’s what pays – the emotional aspect of it.”

“I always like to use 3 different types of hardware in the same finish. This makes you kitchen look custom.”

“Hiring a cleaner – you do not want mold, grime, mildew, that is a deterrent, for sure.”

“That few hundred to a few thousand for staging or interior design will go a lot further.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Free Wealth Design Guide: http://profunds.ca/pdf/30Minutes-WealthDesignGuide.pdf

Guest Vipool Desai, President of ARA Compliance Support, joins Carmen and Jordan on the show today to discuss some of the myths about mortgage investing, as well as some of the new regulatory changes in the industry and what that means for you as an investor. Vipool also explains the role of the Securities Commission, the importance and benefits of registered companies, and the suitability obligation, which is garnering so much attention. Drawing upon his vast amount of experience and knowledge, he also offers his sage advice for those thinking of investing in real estate. This is a vitally informative episode that you won’t want to miss.

Episode Highlights:

Vipool, his business, and how he got into it
The Securities Commission
His advice for potential investors
The importance and benefits of companies being registered
Suitability and its two categories
The misunderstanding about suitability in the public markets
Making sure investors are safe
The focus on real estate
Vipool’s advice for those looking to invest in real estate

Quotes:

“We come in, we build a compliance structure for them, and we help them manage it on a go forward basis.”

“I think the most dangerous thing you can do is not invest…you need to grow a little bit, at least, just to stand still.”

“Time is the one asset that, when you lose it, you never get it back.”

“I think fear is based on lack of knowledge.”

“Registration is a minimum standard.”

“Suitability is a unique feature of the securities industry.”

“The registered firms are the babysitters and the clients are the kids.”

“What suitability does is it forces us to slow down.”

“You have to make sure that this trade is suitable unless we have a suitability exemption.”

“Real estate is one of the safest vehicles out there.”

“I think real estate…doesn’t fit very neatly into the securities concept.”

“There’s two things that you need to clear: the quality of the investment, and the quality of the people behind the investment.”

“The worst drivers on the road are reckless, but a close second are those that are too cautious…ask the smart questions…take action.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

This week, Carmen and Jordan welcome Ellie, one of their Pro Funds clients, to the podcast to discuss different avenues of real estate investing by looking at active buying vs. passive mortgage investing. They also explore how Ellie utilized her RRSPs to invest in products earning an average of 14% a year on her money, and provide useful definitions of some key real estate investment terms along the way. As Ellie notes, she has come to ‘love the passive investing’, and today’s episode will show you precisely how you can learn to love it as well.

Episode Highlights:

Ellie’s background and how she got started in real estate
Her experience in other investment vehicles
How she got into mortgage investments
Definitions of mortgage investment, syndicated mortgages, and loan to value
The different avenues Ellie utilized for her investments in mortgages
Using Registered Funds and the fees involved
Ellie’s criteria for properties
A case study of one of Ellie’s investments
Ellie’s future objectives in real estate

Quotes:

“I’m very debt-adverse, so having renters pay our mortgage was a really good strategy for us.”

“As soon as we learned about it, I was all in.”

“Basically, it’s becoming a private lender…essentially…taking the position of a bank.”

“I remember it being a really smooth process.”

“It’s a very common sense approach to investment.”

“Nobody can do anything unless they pay us back.”

“For the most conservative and faint of heart, these investments are perfect, and your returns are still there.”

“It was really easy – easier than you would think.”

“We’re here to look after the investors.”

“The interest rate is really your cash flow side of things.”

“You did really, really well on that deal.”

“I love the passive investing. It gives us a little more leeway with our day jobs just to relax a bit, take some stress off, and I don’t have to worry about it.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Shawn Allen joins Carmen and Jordan on today’s show to talk about flipping properties on a large scale. Shawn shares the story about how he got involved in this business, as well as details about his strategies, the criteria he uses, the biggest challenge he finds, and the profits and losses he has experienced. Together, he and our hosts run through a case study of one of his properties, and Shawn concludes the episode with some advice for those looking to follow his example. Given the vast amount of success he has enjoyed in his business, you will want to make sure you catch every moment of this informative and inspirational conversation.

Episode Highlights:

Shawn’s background and what he does for a living
How he got started in real estate and flipping houses
The story of his first property flip and how his strategy has since changed
Shawn’s criteria for selecting properties
The biggest challenge for Shawn now
How he finds property deals
His average profit on a flip
Losing money
A case study of one of Shawn’s properties
The mindset necessary for flipping houses
Shawn’s advice for those looking to get involved in flipping houses

Quotes:

“You did your first flip about 11 years ago, and now you’re up to doing about 30 flips a year.”

“I was…searching for something that would give me wealth, and would give me sort of generational wealth.”

“You can’t do this anymore without private money.”

“For me right now, it’s just all about the numbers.”

“It’s all about learning the industry…you learn by your mistakes.”

“We buy, usually, distressed properties…we’re usually solving someone’s problem.”

“A lot of times it’s sold before we even finish.”

“Stop the analysis paralysis and take an action step.”

“Don’t be afraid to use private money. Don’t be afraid to find alternative methods of financing your deals.”

“That’s exactly what we can help you with.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Carmen and Jordan welcome guest Andrew Hines, who is a real estate investor with a knack for renovations and new construction. The episode covers how to make a profit from renovations, including how to find the perfect flip, areas of concern, how to find and manage trades and contractors, along with areas of the home to focus on to maximize your return. As he shares his trade secrets today, you will quickly discover exactly why Andrew is considered by our hosts to be such an inspiring individual, providing the perfect example of how to achieve wealth through real estate.

Episode Highlights:

Andrew’s background
The importance of due diligence when purchasing a flip or renovation property
Finding a suitable property
What to look for in a physical building
Using and learning from a qualified home inspector
The types and areas of renovations that add value
Finding people in the trades you can trust
Tips for hiring a contractor
A case study of one of Andrew’s properties

Quotes:

“It’s not like I’ve had it figured out the whole way.”

“There’s big money to be had in real estate.”

“Make it the nicest house in the neighborhood.”

“You have to know what your product is worth when you’re done.”

“Find out what that area needs.”

“This is not a passive investment.”

“Real estate is probably, I think it’s the number one…single source of millionaires being created in the world.”

“I like to attract a nice tenant. I want a professional, somebody who’s proud of their home.”

“The less you know, the more you need to be on site.”

“No matter how I look at it, I’m happy for that one.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

For the series premiere of Season 2, Carmen and Jordan bring on television personality Rav Toor to guest host the episode! This episode digs into Carmen and Jordan’s background, why they invest in real estate, and why they created 30 Minutes to Wealth. They also discuss their current joint investment, the story of Pro Funds, private lending, District REIT, how listeners can get involved with them, and what’s next for them both. Today’s episode gives you a unique glimpse into the lives of these two successful investors and the level of experience and expertise that they bring to their business and their clients.

Episode Highlights:

How Carmen got started in real estate investing
Jordan’s start in the business
Their ‘why’ of real estate investing
30 Minutes to Wealth
Carmen and Jordan’s current joint investment
The story of Pro Funds
Private lending
District REIT
How listeners can get involved with Pro Funds
What’s next for Carmen and Jordan

Quotes:

“For you to be able to have, you know, your first dollar through real estate investing at 18, it’s no wonder now that, you know, you’re doing so well.”

“It’s fun seeing something transform into what you want to make it.”

“There’s been ups and downs in my life…any time that there is a tough time in life, you can always resort back to your real estate…it saved me many times in my career.”

“I love helping people.”

“If you have a vision for something…that’s where you make your money in the real estate.”

“It’s so great when you can do it with family.”

“It’s basically a one stop shop for everything real estate financing.”

“It is passive, but they benefit from our expertise in the industry.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Carmen and Jordan speak with Dan Warren about how he could quit his job through his investment in income property on today’s episode. Dan shares details about how he started saving his money at such a young age and how those savings allowed him to purchase his first property. He goes on to describe how he acquired his many other properties, especially his student rental properties, and review his strategies for purchasing them and how these were financed. Carmen explains how Pro Funds can help with financing such purchases, Jordan shares some valuable advice for those looking to follow Dan’s example, and together, they all explore a case study of one of his student rentals. Dan also shares just what his life is like, having retired at age 36. If you find the prospect of retiring early appealing as well, you will definitely want to listen in to this inspiring and informative episode today.

Episode Highlights:

What prompted Dan to start saving at such a young age
How he acquired his properties
His student rentals
The strategies he used to purchase his property purchases
Financing his purchases
The ways in which Pro Funds can help with financing
A case study of one of Dan’s student rentals
What Dan’s life is like in retirement
Jordan’s advice for those interested in following Dan’s example

Quotes:

“I didn’t actually care for working, to tell you the truth.”

“I always wanted to save my money. I didn’t know what I was saving it for, though.”

“I didn’t know anything about real estate - knew nothing.”

“This is a way to make money.”

“It’s interesting how unfortunate circumstances are sometimes an opportunity to acquire real estate.”

“You saw that opportunity there, right, that I think a lot of people were maybe too afraid to see.”

“Tenant selection is very important…I keep a good eye on my properties.”

“It would have been good if I’d have come here a month ago!”

“It’s amazing cash flow.”

“If the deals are there, I’m going to acquire more.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Independent Legal Advice

Show Notes:

Carmen and Jordan speak with Hussein Hamdani and Paul Demarco from Simpson Wigle Law, about the legal aspects of real estate transactions. Hussein and Paul specialize in corporate, commercial, and real estate law, and in today’s episode they share a little of their background, define private and syndicated mortgages, and describe the independent legal advice they provide and why it can result in delays. They also discuss the benefits of investing in a mortgage, the process that is followed, and the options available should a borrower fail to pay. As Carmen says, these two professionals ‘do a great job’, and you will undoubtedly agree as you listen to them today.

Episode Highlights:

Hussein and Paul’s backgrounds
What private and syndicated mortgages are
The independent legal advice that they provide and why it can result in a delay
The benefits of investing in a mortgage
The process that is followed
The options available if a borrower fails to pay

Quotes:

“Our job is to make sure we do our due diligence on that borrower…any dirt under the fingernails, we’ve got to be able to discover it.”

“We want to make sure that the mortgage that they’re investing in, that that property’s title is clean.”

“Before we will let our investors advance any money, we need to be satisfied that their mortgage is going on to a good property.”

“Real estate, thankfully, in Canada for the most part, has been going up in value.”

“It’s really nice from a cash flow standpoint.”

“It is a beautiful vehicle.”

“It’s not like a stock – if it plummets and it’s history. This way we have recourse.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

On today’s episode, Carmen and Jordan speak with Scott McGillivray, Canadian investor and TV personality, about how he achieved success in real estate. Scott truly is ‘Canada’s go to for all things real estate’ and today he discusses his career in real estate right from its beginning, his concerns about financial education in Canada and the impact of government regulation on real estate. He also shares information about his show ‘Buyers Bootcamp’ including how they select the locations for it, and offers his perspective on joint venture structures and the top things to evaluate when getting into a new market. He is a man with a great deal of knowledge and experience to share, and he does just that on this extremely informative episode today.

Episode Highlights:

Scott’s start in real estate and how it has progressed
Financial education concerns
The impact of government regulation
His show ‘Buyers Bootcamp’
Choosing locations for his show
Scott’s perspective on joint venture structures
Top things to evaluate when getting into a new market

Quotes:

“Any time somebody tells you how you can’t do something, find somebody who tells you how you can do something.”

“I could own a house and get paid to live there, or I could pay rent and I’ll have nothing to show for it.”

“We have not been prepared for the largest financial decision we will make in our lives.”

“It’s kind of like ‘Shark Tank’ meets ‘HGTV’ in a bit of a way.”

“Celebrate the fact that 90% of the time you’re crushing it.”

“Buffalo is underestimated.”

“If you want to invest in real estate, one of the biggest secrets to growing quickly is by partnering with somebody.”

”The thing that matters the most is how to purchase properties.”

“The best opportunities are right under your nose.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

This week, Carmen and Jordan speak with designer Regina Sturrock from Regina Sturrock Design about how to increase the value of your property with interior design. They begin by discussing the factors that sparked Regina’s interest in the design world, some information about her company, and the value of building on a classic grounding and space planning. Regina reviews the two most important rooms in a house, and reveals some trade secrets for minimizing costs, and her recommendations regarding de-cluttering and curb appeal. To finish up, Regina shares her vision for the condominium project which she completed in conjunction with Pro Funds and also some details about her exciting new projects. You will be struck both by Carmen’s sincere and extensive praise for Regina’s work and the range of knowledge and expertise which Regina demonstrates as you listen in to this fascinating episode today.

Episode Highlights:

What sparked Regina’s interest in the design world
Regina’s company
Building on a classic grounding
Space planning
The two most important rooms in a house
Ways to minimize costs
De-cluttering and curb appeal recommendations
Regina’s vision for the Pro Funds condominium site
Her new projects

Quotes:

“You really are amazing!”

“The approach is a holistic one.”

“Sometimes it’s a lot of tweaking…based on our discussions with our clients.”

“No room goes underutilized.”

“Bringing in good classic architectural bones.”

“Make sure your lighting has good scale.”

“It’s really created a momentum to these units.”

“We created that character, that person that would fall in love with the space.”

“There’s a ‘wow’ factor.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

This week, Carmen and Jordan speak with investor Jordan about the advantages of starting to invest at a young age, how his investments are doing, and his future real estate goals. They also explain what a private mortgage investment is as well as loan-to-value and syndicated mortgages. Both our hosts and our guest have some sage advice to offer about the value of starting to invest in real estate early on in life, and you will undoubtedly benefit from their extensive amount of knowledge and expertise by listening in today.

Episode Highlights:

What triggered Jordan’s motivation to begin investing in real estate
His active investment in his condo
His passive investments and the process involved
What a private mortgage investment is
A case study of a mortgage investment
Loan-to-Value
Why it’s important to get involved in real estate when you’re younger
Jordan’s future real estate goals
Syndicated mortgages

Quotes:

“Land is an inherently scarce resource. It’s the one thing they can’t make any more of.”

“Even if there are little drops here and there, real estate is something that, no matter what, over the years, has always proven to go back up.”

“I liked the appeal of the private mortgage funding because it’s secured on the collateral.”

“You’re making money while you’re sleeping.”

“If you can get started now, it just brings you closer to retirement.”

“You don’t have to start off with a ton of money to make it worthwhile.”

“As long as you’re doing your due diligence and you’re reading everything you’re given and you’re asking the right questions, then, you know, that goes a long way to ensuring that you’re in a comfortable place.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

This week, Carmen and Jordan welcome Sheldon D. Rosen from the SDR Group to the podcast. Sheldon is an architect who has been involved in both international and domestic development for the past 40 years, and today he discusses both his history in real estate development as well as an exciting new project in which he has joined forces with Valour and Pro Funds to convert a century old factory to waterfront condos.

Episode Highlights:

How Sheldon got started in the development business
The difference between development in the 1960’s and today
Some of the developments with which Sheldon has been involved
Port Dalhousie, the Lincoln Fabrics building, and The Harbour Club
How Valour and Pro Funds became involved in The Harbour Club development
The heritage aspect of this development
The community’s response to the project

Quotes:

“It’s a process today that requires a great deal of navigation skills in addition to the constructive skills that you bring to the table.”

“To me, it’s like the Saint-Tropez of Ontario.”

“We feel that we have to be the custodians of doing it correctly going forward.”

“It’s just one of these raw buildings that cries out to be converted to a loft.”

“It’s the location…itself that is just unreal, it is perfect.”

“Once in a while a ‘champagne project’ comes along and this one pops all its corks!”

“Truly iconic…it’s a living piece of history.”

“We love putting back.”

“This is starting to put the jewels back on the necklace.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Notes go here

Carmen and Jordan speak with bed and breakfast owner, Jason Clements, about his experiences of owning vacation properties, and the many advantages to investing in vacation rentals. During the discussion, Jason shares his motivation for getting involved in real estate and the vacation properties he and his wife run. He also describes the role of Airbnb and Vrbo in the process, the benefits of investing in vacation rentals, and then Carmen and Jordan share details of their experiences with short term rentals. They finish up by looking at the remarkable returns that Jason sees with his rentals, as well as the things to look out for when getting involved in this type of investment. As you will discover, vacation rentals can make you a lot of money, and Jason and our hosts are here today to show you how.

Episode Highlights:

Jason’s motivation for getting involved in real estate The bed and breakfast that Jason and his wife run Their cottage rental and how they market it and screen the guests The role that Airbnb and Vrbo play in the rental process The benefits of investing in a vacation rental Carmen and Jordan’s experience with short term rentals The returns from Jason’s rental Things to look out for when getting into vacation rental investing

Quotes:

“What I’ve found is 50% of my bookings come from Airbnb, and the other 50% come from Vrbo.”

“You can also leave reviews on guests.”

“There’s a lot of money to be made on vacation rentals.”

“I see it as a lot less headaches than the long term rentals that I’ve had in the past.”

“Canada-wide there are a lot of opportunities for us to get into this investment.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Renowned Toronto developer, Harry Stinson, joins Carmen and Jordan today to discuss how he has made a career out of turning unwanted properties into huge successes. During the discussion, Harry also relates his journey in real estate from the 1970’s to today, including stories of his major projects in Toronto, Hamilton, and Buffalo, and his secrets to finding such great projects. He also offers his thoughts on the real estate markets in both Toronto and Hamilton, explains how investing in his projects works, and shares his plans for the future. A true visionary with an adventurous spirit, Harry Stinson will inform, inspire, and entertain you during today’s dynamic interview.

Episode Highlights:

Harry’s journey to where he is today A couple of his major projects in Toronto, Hamilton, and Buffalo Harry’s thoughts regarding the real estate markets in Toronto and Buffalo His secret to finding great projects How investing in his projects works Harry’s plans for the future

Quotes:

“I decided to specialize in condominiums.”

“You were decades ahead of yourself.”

“The demand was there, the supply was not.”

“Find a need and fill it.”

“Stepping out of that comfort zone, stepping out of the box, is so important for investors today.”

“The real estate market has become a commodity market. You buy a condo, it goes up.”

“You’re always on the leading edge.”

“What I really look for is a building that nobody wants.”

“I’m just getting started!”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Carmen and Jordan welcome Wendy Forrest, a Broker with Real Estate Homeward and a long time client of Pro Funds, about how she used private money for both investing and borrowing. Wendy begins by sharing her professional history, and then Jordan explains just what exactly mortgage investing is. How this strategy works, its many benefits, how it has changed Wendy’s life and her experiences working through Pro Funds are also discussed. Listen in today to hear how this passive and lucrative opportunity could change your life as well.

Episode Highlights:

Wendy’s professional history What mortgage investing is

How this strategy works and its many benefits How it has changed Wendy’s life Wendy’s experience with lending and borrowing private money through Pro Funds

Quotes:

“I came upon Pro Funds at an investment seminar, and…it made a change in my life – I can’t even tell you.”

“I was getting to the point where I was starting to get burned out in real estate.”

“The returns are significant.”

“Knowing that you can work if you want, but you don’t have to.”

“It’s very passive.”

“People that borrow private money aren’t delinquent.”

“It’s a nice amicable arrangement for everybody.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Carmen and Jordan speak with Andrew Hines from AMH Fine Homes about how to acquire and hold ten properties and beyond. Andrew is a builder and very successful real estate investor who has a lot to teach everyone regarding the trade secrets involved in acquiring and holding multiple investment properties. He is an absolute wealth of information and today he shares his extremely lucrative real estate strategies with our hosts and you, the listener.

Episode Highlights:

The factors that led to Andrew’s passion for building and real estate investment The benefits of investing the way Andrew has Andrew’s current student rental example The importance of having a strategy in place Getting educated and taking action How to purchase a rental property Key success factors to buying and holding multiple properties Commercial financing opportunities

Quotes:

“I could literally replace my family’s entire income by owning these buildings and do nothing.”

“Your tenants are paying off your debt. Brilliant.”

“You put the work in up front, but down the road it pays off.”

“Big payouts and big paycheques are actually possible when you take initiative.”

“For real estate investing, credit is one of the number one things you need. Number one.”

“There’s always a creative way to get financing.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Carmen and Jordan speak with husband and wife power team Ginny Sahni and Jiten Sharma, Senior Mortgage Underwriters for Pro Funds Mortgages, about reasons to work with a broker as opposed to a bank. In addition to sharing their professional history, Ginny and Jiten explain the current mortgage rules for residential properties and the impact they have, as well as what alternative lenders and the Office of the Superintendent of Financial Institutions are. They also explore private mortgages and the many benefits of dealing with a broker. You are invited today to take this unique opportunity to learn from these two experts as they share their vast amount of knowledge, insight and experience in the mortgage and lending field.

Episode Highlights:

Ginny and Jiten’s professional history Current mortgage rules for residential properties and their impact Alternative lenders Office of the Superintendent of Financial Institutions (OSFI) The many benefits of dealing with a broker What a private mortgage is

Quotes:

“The rules keep changing and they’re making it more and more challenging for individuals to qualify for a residential mortgage.”

“We have even access to these lenders who are actually a great fit for those people who have been declined by the major banks.”

“The broker, we work for the client.”

“In one application they can have, you know, the ability to look at many different lenders with a broker, which I think is a huge benefit.”

“A seasoned broker has developed a relationship with these lenders over a period of time which, you know, actually provides them a lot of value.”

“Private money is becoming more and more popular as the guidelines are changing.”

“It’s like a one stop shop.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Investing in a REIT

Show Notes:

Robert Chaggares, Founder of Liahona Capital Inc., and Erik Kroman, VP Finance with Valour Capital, join Carmen and Jordan today to talk about what a Real Estate Investment Trust (REIT) is, how it works, and why it can be a great investment. Along the way they define some relevant investment terms, discuss the difference between public and private REITs, explore the background of District REIT, and highlight the costs, returns, benefits and level of risk associated with these investments. They even provide details on exactly how you can get involved today, so get ready to learn absolutely everything you need to know about how to invest in a REIT right now!

Episode Highlights:

Rob and Erik’s journeys to their current roles Definitions of exempt market dealer, and return of capital How a REIT works and how to get started today The difference between public and private REITs The background on District REIT The costs, returns, benefits, and level of risk associated with these investments

Quotes:

“A REIT, or Real Estate Investment Trust, is an organized way for people to pool their capital to buy commercial real estate.”

“I’ve been doing this for a long time and, really, I love it.”

“Power in numbers.”

“The rental income that the buildings produce, in this portfolio, is able to be passed down to the investors who invest in that.”

“The debt on the properties are low as well.”

“The investment holders of those units benefit from the pay down of the mortgage as well as the appreciation.”

“The REIT depends on the management.”

“There’s an incredible strategy in place to grow wealth for everyone.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

District REIT homepage: https://districtreit.ca/

In today’s episode, Carmen and Jordan welcome two of their long time Pro Funds clients, Maria and Frank Bruno, to discuss investing in mortgages with a conservative approach. Our guests begin by sharing how they became involved with Pro Funds and the importance of establishing trust and a solid relationship with them. With our hosts, they also run through the details of one of their first investments, explain why people would use this strategy to borrow money, and explore how it has benefited them. Along the way, Jordan and Carmen also explain some of the pertinent investment terms that may be unfamiliar to listeners, and they finish by reviewing what to look for to ensure you are protected in your investment. Frank and Maria’s story is one that many listeners will be able to relate to, and is certainly one from which all can benefit.

Episode Highlights:

How Maria and Frank became involved with Pro Funds The importance of establishing trust and a solid relationship Explanations of private lending, loan-to-value, lender fee/bonus, and a syndicated mortgage An example of one of their first investments Reasons why people would borrow money in this way How this strategy has benefited Maria and Frank The 5 main things to look for before starting to invest

Quotes:

“I think we started off very conservative because we wanted to, you know, build trust and build our relationship, feel comfortable, really learn what we’re doing.”

“You were both wonderful at putting us at ease.”

“At the end of the day, it’s all about the people.”

“That package that you prepare is really ‘soup to nuts’ – everything is in there.”

“They have been an incredible resource of passive income.”

“This is all paid by the borrower.”

“It’s really simple.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Builder, developer, and investor Andrew Hines, from AMH Fine Homes, joins Carmen and Jordan for today’s episode which is all about creating value in real estate. Together, they discuss both Andrew and Carmen’s journey through the world of real estate, examine a case study of one of Carmen’s favourite investments, and review the 5 main points that investors should be aware of when creating or finding value in real estate. Carmen also provides her definition of exactly what constitutes a ‘clean offer’, and Jordan describes how listeners can get started with using private money for investments. There is a great deal of information and advice in the episode today, and if you have the wisdom and courage to act upon it, there could be a great deal of success coming your way in the future.

Episode Highlights:

Andrew and Carmen’s journeys through the real estate world A case study of one of Carmen’s properties The 5 main points that investors should be aware of when creating or finding value in real estate Carmen’s definition of a ‘clean offer’ How to get started using private money

Quotes:

“I was able to recycle and reuse money and add more properties to my portfolio.”

“I may just exit now, at this point, and probably make around…three and a half million on this.”

“That’s the fear that cripples most people when they want to get involved in investment.”

“When you use private money, it shows a whole new level of understanding of the game, understanding of how this business works.”

“Don’t sweat the small stuff.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Today, Carmen and Jordan are very excited to welcome John Tamindzic to the podcast to discuss the legal aspects of mortgage lending. In this episode, John explains what mortgage investing is and how it works, answers the Five Most Frequently Asked Questions on Mortgage Security, and also shares his background and experience in this lucrative field.

Episode Highlights:

What is mortgage investing? How is a mortgage investment secured? The difference between and individual mortgage and a syndicated mortgage John’s background in this area of investing How does this whole process work, including the payout? What is a mortgage administrator? What happens if something goes wrong?

Quotes:

“At this level, we have private parties lending to other private parties instead of having a bank involved.”

“Every time we refer you a client, they absolutely love you…your personal service is just great.”

“More often than not, the issues that do come up, when they do come up, are issues that we can correct.”

“Being a lender – it doesn’t cost anything.”

“People can use registered funds.”

“In an absolute worst case scenario…the investor can take steps to actually sell the property.”

“It’s a great investment vehicle.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Darren Neziol and Gopi Pallai, Senior Analysts from Valour Capital Management Inc., join Carmen and Jordan to discuss the 5 essential factors you need to be aware of before getting started in a development or construction mortgage. These seasoned professionals also explain what due diligence is, the difference between the construction and developments aspects in these investments, and the role that Valour Capital Management plays in them.

Episode Highlights:

Darren and Gopi’s credentials Defining due diligence The 5 essential factors The difference between the construction and development aspects of these investments Valour Capital’s role in these investments

Quotes:

“There’s so many things that could potentially go wrong if you’re not guided by the right people.”

“When we do due diligence, we focus on the market.”

“The main thing is to know how long is this going to take to be built and sold. That’s how you’re going to get your money back at the end of the day.”

“Valuation is pretty critical.”

“Valour has your back, more or less…watching over everything, making sure that everything’s running smoothly with that mortgage investment.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Carmen and Jordan are joined by Ian Walterhouse, a Century 21 Leading Edge Sales Representative, who shares with listeners his strategy of making money by ‘being the bank’ and lending money as an investment in real estate.

Ian begins by reviewing his start in investing in mortgages and working with Pro Funds, and explains just how this strategy works with his many investments to date. He also reflects upon the numerous benefits this strategy has brought to him, most importantly, increased time with his wonderful family.

Episode Highlights:

How Ian got started investing in mortgages and working with Pro Funds Ian’s ‘being the bank’ strategy His investments to date Pro Funds’ role in this strategy The many ways this strategy has benefitted Ian

Quotes:

“Essentially what a bank does is borrow money to lend money.”

“It’s like potato chips - after I did my first one…I could not stop.”

“The actual return is infinite.”

“It’s enabled people to do so many things that they couldn’t believe they could do.”

“During the day when I’m actually awake I make decisions, and at night I make money.”

“We’ve been lending private money for over 20 years now, and we’ve been creating wealth for many investors.”

“The risk is not getting involved.”

“If you want to bring happiness to this world, go home and love your family.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Welcome to the premiere of the ‘30 Minutes to Wealth’ podcast – the show that teaches you how to build wealth through real estate. In this introductory episode, Carmen and Jordan are joined by their good friend, Rav Toor of ‘Everyday Investor’ fame, to offer their vision and mission behind hosting the show, briefly explore the world of REITs, and share with listeners just why they love their work so much. They also explain the difference between active and passive investing and provide a glimpse into future episodes of the show which will introduce key strategies in both of these approaches.

As you will discover, wealth is a term which applies to far more aspects of life than simply our finances – become a regular ’30 Minutes to Wealth’ listener and let Carmen, Jordan and their many expert guests teach you how to enjoy abundance in all of them.

Episode Highlights:

The vision and mission behind ‘30 Minutes to Wealth’ How a REIT works Why Jordan and Carmen love what they do Active vs. passive investments

Quotes:

“A couple decades, a little bit more, you’ve been buying properties all over the world, and so it’s about time you start teaching people how to do that as well.”

“You’re not just acquiring properties in this REIT, you guys are also developing properties in this REIT.”

“We’re just creating value for everybody, so if they stick into the whole thing, and stay with it, they’re going to create so much wealth.”

“It’s not just about necessarily making more money, but allowing those people to have more time for the important things in their life.”

“No matter what your niche is you can…come in and learn from experts in that realm and try to bring it into your own life.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

30 Minutes To Wealth is a Canada-wide talk show that educates viewers on how to acquire wealth through a variety of real estate-based strategies. Hosted by a powerful mother-daughter duo, Carmen and Jordan Campagnaro discuss all things real estate and offer a wealth of knowledge. Both working at Pro Funds Mortgages, a successful mortgage finance and real estate investment firm, they dedicate their professional careers to assisting their clients achieve success. Their desire to educate and empower people to pursue their real estate dreams is the ultimate inspiration behind 30 Minutes To Wealth.