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Explore every episode of the podcast The REITE Club - Real Estate Investing for Canadians

Dive into the complete episode list for The REITE Club - Real Estate Investing for Canadians. Each episode is cataloged with detailed descriptions, making it easy to find and explore specific topics. Keep track of all episodes from your favorite podcast and never miss a moment of insightful content.

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The Widget Cost Secret: Building Real Estate Wealth08 Nov 202400:16:48
Want to improve your ability to identify profitable investment opportunities? Discover the secret to building real estate wealth with Mike Mannino as he shares the Widget Cost Secret, helping you scale your business and achieve financial success. Mike shares his journey in real estate investing, detailing how he successfully flips houses unseen and manages over 100 projects. Mike Mannino, the founder of Real Estate Wealth Builders, boasts an impressive nine years of experience in the real estate industry, specializing in flipping houses. His expertise lies in the development of a standardized pricing sheet, meticulously crafted over thousands of hours and substantial financial investment. This tool has proven to provide a 90% accuracy rate in predicting renovation costs, significantly reducing financial risks and maximizing profitability. With over 100 successful house flips to his name, Mike's insights and strategies are invaluable for real estate investors aiming to scale their business and effectively identify profitable investment opportunities. Mike Mannino's real estate journey is a testament to the resilience and adaptability required in the industry. From early days spent tirelessly working on house renovations, Mike's determination to streamline the process led to the creation of a game-changing standardized pricing sheet. This innovation not only made renovations predictable but also scalable, propelling his business to new heights. Venturing beyond Michigan, Mike expanded into multiple states, delving into the world of apartment buildings with the same unwavering commitment to quality. His hands-on approach to every aspect of the business, from finding contractors to overseeing renovations, reflects his dedication to excellence. Mike's ability to navigate challenges and turn them into opportunities has been a driving force behind his success. His story serves as an inspiration for real estate investors looking to scale their businesses, showcasing the transformative power of perseverance and forward-thinking strategies in the competitive world of real estate. In this episode, you will be able to: Master successful real estate investing strategies to maximize your profits and grow your business. Explore the art of flipping houses without seeing them, unlocking a whole new realm of investment opportunities. Learn the secrets to building a rockstar real estate investment team that drives your success to new heights. Implement standardized pricing in real estate to streamline your processes and boost your bottom line. Discover the art of finding discounted real estate properties, giving you a competitive edge in the market. Timestamped summary of this episode: 00:00:04 - Introduction and Guest Introduction Laurel Simmons and Katherine Nelson-Riley introduce the podcast and guest, Mike Mannino, of Real Estate Wealth Builders. 00:03:36 - Evolution of Flipping Business Mike shares his journey from hands-on flipping to building a team and standardized pricing sheet over nine years, leading to scalable and predictable renovations. 00:08:36 - Expanding into New Markets Mike discusses implementing his flipping system in new markets, including out-of-state projects, and the challenges and process of finding and working with contractors. 00:11:12 - Biggest Project and Profitability Mike shares details about the largest single-family house project, including a fire-damaged property, and how his system enables accurate cost predictions to mitigate risks and maximize profits. 00:12:31 - Managing Large Projects Mike explains the team structure for managing single-family and apartment projects, including his role, his business partner's responsibilities, and the streamlined operations for handling renovations and property management. 00:13:26 - Starting Small, Thinking Big Mike Mannino discusses his journey of buying apartments,
Smooth Sailing: From Love of the Sea to Multi Family Apartment Investing01 Nov 202400:23:54
Discover how a yacht captain turned real estate investor is navigating the high seas of property and investment. From steering luxury yachts to managing a portfolio of 75-80 units, Scott Kidd's story is a testament to the unexpected parallels between these two worlds. But there's more to his story than just smooth sailing and lucrative deals. Uncover the powerful similarities and strategies that have fueled Scott's success in both the yacht and real estate industries. His unwavering passion and determination inspire anyone ready to take charge of their own story. Don’t miss the chance to gain wisdom from a true master of balance—this is a story that demands your attention! I've always had things I've done on the side to supplement my income and real estate it just kind of made great sense because there are a lot of ways you can manage when I'm away on the boat. - Scott Kidd In this episode, you will be able to: Discover the Surprising Similarities Between Yachting and Real Estate Investing - Unlock new insights into how these two seemingly different worlds intersect and learn how this can benefit your investment strategy. Master the Art of Transitioning from Yachting to Real Estate - Uncover the secrets to leveraging your yachting experience to excel in the world of real estate investing. Uncover the Untold Benefits of Multifamily Real Estate Investing - Learn about the potential rewards and advantages that come with investing in multifamily properties, and how this can diversify your portfolio. Build a Reliable Real Estate Team with Proven Strategies - Gain valuable insights on finding and assembling a trustworthy team to support your real estate investment ventures. Navigate Economic Changes for Real Estate Investing Success - Understand the impact of economic shifts and learn effective strategies to thrive in changing market conditions. Scott Kidd, an experienced yachting professional with over 24 years of Florida residency, has successfully transitioned into real estate investing. Managing an extensive portfolio of 75-80 units, including passive investments in apartment syndications, Scott's expertise in multifamily real estate is evident. His knowledge of team-building strategies and the impact of economic changes on investing offer valuable knowledge for both seasoned investors and those looking to diversify their portfolios. With a background in managing 50-meter-plus yachts and overseeing extensive refits, Scott's experience in project management and negotiation translates seamlessly into the real estate business. Tune in to this episode of The REITE Club podcast to gain an enhanced understanding of team building and market trends from Scott's unique perspective. Get in touch with Scott Kidd here:  Email: scott@yachtierei.com Website: https://www.investwithscottkidd.com and https://www.yachtierei.co  LinkedIn: www.linkedin.com/in/scottkidd Youtube: https://www.youtube.com/@scottkidd1969 Facebook: https://www.facebook.com/YachtieRealEstateinvestors Instagram: https://www.instagram.com/yachtierealestateinvestors/
Diversify Your Portfolio and Your Lifestyle: International Real Estate Strategies30 Aug 202400:15:16
Ready to change the way you think about international real estate investing? Tune in now to discover the unexpected benefit of investing in real estate outside North America. Find out how one couple acquired properties outside of Canada using creative financing, without using their own money or joint ventures, and retained 100% ownership and equity. Also understand the advantages and benefits of investing in Costa Rica. In this episode, you will be able to: Discover the potential of real estate investing outside Canada and unlock global opportunities for your portfolio. Explore creative financing strategies to expand your reach in international real estate and maximize your investment potential. Unveil the benefits of diversifying your real estate portfolio internationally and learn how it can boost your income sources. Unlock the exciting real estate opportunities in Costa Rica and find out how this vibrant market can elevate your investment game. Embrace the expat lifestyle while delving into the world of real estate investing in Costa Rica, and uncover a new way to grow your wealth. On this week's episode of The REITE Club, we're thrilled to feature past episodes with Mel and Dave Dupuis, award-winning mentors and creative real estate investors with over 220 properties acquired independently. T Additionally, we'll be joined by Tammy Lovell, a licensed real estate agent in Costa Rica, who can provide a sneak peek into the beautiful country, covering diverse landscapes, vibrant culture, healthcare, local cuisine, and real estate opportunities, making her an essential guest for those interested in investing and living in Costa Rica. Tune into the episode and let's unravel the secrets to successful international real estate investing here: https://thereiteclub.com/en/podcasts Get in touch with Mel and Dave Dupuis here:  Website: https://investormeldave.com/ Youtube: https://www.youtube.com/c/InvestorMelDaveDupuis/ Instagram: https://www.instagram.com/investormeldave/ Facebook: https://www.facebook.com/InvestorMelDave TikTok: https://www.tiktok.com/@investormeldave X: https://x.com/InvestorMelDave LinkedIn: https://www.linkedin.com/in/investormeldave/ Threads: https://www.threads.net/@investormeldave Get in touch with Tammy Lovell here:  Website: https://tammysellscostarica.com/ LinkedIn: https://www.linkedin.com/in/tammylovell/ Facebook: https://www.facebook.com/tammysellscostarica Instagram: https://www.instagram.com/tammycostarica/
Working With a Real Estate Investor Focused Mortgage Broker25 Nov 2022
In this podcast episode, Brian Hogben from Mission 35 Mortgages discusses the current state of the real estate market and some things that potential investors should keep in mind. He stresses the importance of understanding the supply conversation and notes that there is currently a shortage of supply. He also encourages people to take action and build their power teams in order to invest in real estate. Brian Hogben is the founder of Mission 35 Mortgages, a company dedicated to helping people pay off their homes in less time than the traditional Freedom 55 plan. He shares his story of becoming a mortgage broker and how his company has helped so many people in their communities. In the interview, Brian Hogben talks about his experience as a real estate investor and how it has informed his work at Mission 35 Mortgages. He also discusses his personal portfolio, which includes a variety of properties across Southern Ontario. He discusses his passion for vacation rental properties. He explains that he enjoys the short-term nature of the investment and the opportunity to learn about new markets. The mortgage process in Florida is different than in Canada, and Royal Bank is now requiring a tax identification number in order to file an income tax return in the state.The landlord-tenant board in Florida is different than in Canada, and it is possible to raise the rent by a significant amount with only 60 days' notice. Brian discusses opportunities for investment in the US, specifically mentioning the potential for increased taxes and down payments for small landlords in Canada. They also talk about the current market conditions and the types of deals that are coming through their brokerage, noting that more investors are interested in flips and buy-to-rent properties. In the current market, mortgage rates are still reasonable, and there is still an opportunity to cash flow. However, many people are waiting to see what happens with interest rates, which are expected to rise in the next few months. There is a big opportunity right now for investors to sell non-performing properties and move the capital into vacant or transition rental properties. This is a good time to buy because rents are climbing quickly and mortgage rates are reasonable. The average person with a $500,000 mortgage has seen their payments increase by $2,600 since interest rates went up in March. This is not a large amount, but it could cause some hardship for people who are already struggling. Salemi is hopeful that rates will eventually come down again, but it is unlikely to happen in the next year. Investors are often advised to buy when there is little interest in the market, as this is when prices are low. However, this logic does not always apply in today's market, where high-interest rates and high debts are present. Brian Hogben suggests that instead of waiting for a crash, investors should buy now while prices are still low. 1. Social media is playing a big role in the real estate market now. 2. There is a shortage of supply now, due to the global pandemic. 3. Record numbers of immigration are expected in the next 12 months. There is a risk right now, but if you're buying and holding for the long term, you can't go wrong. If you wait to try to hit the bottom, you might miss out on a good opportunity. Taking out equity from your house to buy an investment property is a good idea in this market. Brian is saying that it is important for mortgage agents to help their clients budget properly because payments are going to go up for some people and they need to be prepared. They also say that it is important to start the conversation with payment, not with rate, in order to avoid payment shock. He discusses the importance of budgeting and financial planning, especially in light of recent economic concerns. They emphasize that most people are actually doing okay, but that a lot of fear and anxiety could be alleviate...
Great Investing Opportunities Across Calgary18 Nov 2022
Do you want to achieve: 1. Increased affordability2. Increased flexibility3. Increased opportunity? Our podcast guest this week, Natasha Phipps, Realtor and Real Estate Investor, is sharing the solution. In this episode, you will learn: 1. How COVID has changed people's perspectives on where they want to live, and the potential for moving to a more affordable location2. The real estate market in Calgary, and how it is different from other markets in Canada3. The opportunities for investors in multifamily properties in Calgary "COVID taught, I think, us a lot of different things. And people are, well, first of all, realizing they can potentially work from anywhere. So that immediately gets people's kind of like thoughts going, right?  Natasha Phipps is a realtor and investor based in Calgary, Alberta. She has over 10 years of experience in the real estate industry and specializes in helping investors find turnkey properties that offer a good return on investment. Reach out to Natasha:Website: https://phippsgroup.ca/Email: nphipps@cirrealty.caFacebook: https://www.facebook.com/calgarybuyandsellrealestate/Instagram: https://www.instagram.com/natashaphippsrealtor/https://www.instagram.com/phippsrealestategroup/ Resources:Please check out all our podcast episodes https://thereiteclub.com/podcast/Loved this episode? Please leave us a review and rating. This episode has been brought to you in part by:Black Jack Contracting Inc - https://blackjackcontractinginc.ca/ BM Select/Butler Mortgage - https://bmselect.ca/ The REITE Club podcast - for sponsor slots contact Katherine at grow@thereiteclub.com Chapter Summaries:[00:00:00] - This week's, host shares some tips on how to customize your life for Calgary. People tend to be looking mostly for buy and hold opportunities. Many of the investors they work with are not here locally. [00:02:54] - Natasha is back on the show. Last time Natasha was on, it was around a year ago. Natasha has been attending live conferences. In Calgary, where there's a lot of newcomers and new industry and businesses popping up here. Natasha talks to people from Ontario almost every day. [00:04:28] - In the last year. A lot of people were interested in moving. People are seeking affordability and a different lifestyle. In Calgary, the benchmark price had only come down a few thousand dollars. The number of sales is down over last year. But the prices are holding steady. By Christmas, the market will be more balanced. [00:07:58] - In Calgary, investors are looking for buy-and-hold opportunities. The downtown and inner city sector is starting to recover. The city is pushing for more density in suburban markets. In the last year, the downtown condominium market has started to appreciate. In Calgary, preconstruction condos are not recommended. [00:12:58] - Natasha bought a 21-unit apartment building in Mission, a trendy, vibrant, inner city community. She also bought a two-year-old two-story multifamily building in Talgreen that was under foreclosure this spring. [00:14:41] - In Alberta, landlords can raise their rents once per year as much as the market will bear. In Ontario they need to give 90 days notice of rental increase. Unless you're rent controlled, anything after November 15, 2018 is not subject to control. Alberta is more landlord friendly. [00:18:11] - In multifamily and commercial, your property valuation is based off of how the business performs in a residential home. When you go to refinance or get an appraisal done, they're just going to look at the comps in the area. In multifamily, you have the ability to change or even your loan to value. [00:21:53] - There are a lot of costs and fees associated with investing in multifamily in Alberta and in Calgary. Investors should be aware of all the fees and be ready to go kind of upfront in terms of Calgary, in particular in the multi-family space and what you need to watch out for in terms of loc...
Deep Dive Education Helps You Learn and Scale11 Nov 2022
 In this episode, you will learn the importance of:1. Not skipping steps when getting into real estate investing, in order to avoid dangerous mistakes.2. Continuing to educate oneself in real estate investing, in order to stay ahead of the game.3. Knowing how to exit an investment property, in order to maximize one's return. "The best investment you can make is the investment in yourself." Dylan Suitor is a Realtor, real estate investor, entrepreneur, and coach. He is the founder of Elevation Realty and Suitor Enterprises and is passionate about helping others achieve their real estate investing goals. This is Dylan Suitor's story... When I was 18, I bought my first investment property - a student rental near the University of Waterloo. I had no idea what I was doing, but my mom thought it would be a good way to teach me responsibility. I went on to buy a few more properties, including a condo and a house that I flipped. In 2017, I missed the market peak by a month or two and ended up renting the house out on Airbnb instead. I started educating myself on real estate investing and quickly realized that the best investment is in yourself. I joined forces with my business partner, Robbie Clark, and we started buying properties, renovating them, and flipping them for a profit. We've now built a portfolio of over 1000 units, including our largest apartment building of 88 units. Connect with Dylan Suitor:Website: www.elevationrealty.caEmail: info@elevationrealty.ca or dylan@elevationrealty.caTel: 905-592-4220Instagram: @dylan_suitorLinkedIn: https://www.linkedin.com/in/dylan-suitor-realtor/ Please check out all our podcast episodes https://thereiteclub.com/podcast/ - Loved this episode? Please leave us a review and rating. This episode has been brought to you in part byLegal Second Suites - https://legalsecondsuites.comBM Select - https://bmselect.ca/The REITE Club podcast - for sponsor slots contact Katherine at grow@thereiteclub.com Connect with The Reite Club:Instagram: https://www.instagram.com/reiteclub/Facebook: https://www.facebook.com/groups/thereiteclubYouTube: https://www.youtube.com/channel/UCKPoaUTDRdCx9-Db-aI0ehgTwitter: https://twitter.com/thereiteclubLinkedIn: https://www.linkedin.com/company/the-reite-club/Website: https://thereiteclub.com/ Chapter Summaries:[00:03:58] - Dylan Suitor has been investing in real estate since 2000. He bought his first investment property when he was 18. He closed his first property in the corporation with his business partner Robbie Clark four years ago on, October 3 and they have added 1000 units to the portfolio in the last four years. His largest apartment building is 88 units. [00:09:36] - When he first started investing in apartment buildings, he couldn't use 100% financing. Now he has a team of professionals working in real estate, property management, construction and asset management. He has launched three new businesses to go along with the real estate acquisition side. [00:15:54] - Dylan Suitor gives advice to someone new to real estate investing and someone who wants to get into it full-time. He's always goes deep on figuring out the strategy, getting all the details and understanding it inside and out.  [00:17:14] - If someone has a lot of time and money, he advises them to focus on education, mentoring, and building a strong team. If they don't have the time, he suggests working as a joint venture partner or working with asset management. [00:20:40] - Dylan Suitor made some mistakes in his real estate business. A 32-unit purchase he didn't go through the proper due diligence. He didn't have an environmental. He did not talk about capex Improvements, the roof, the main stack, the HVAC, the plumbing and the electrical updates. Dylan Suitor's team of seven full-time agents is in the office every morning at 8:45, they have a meeting at 9:15. They do a half an hour of what are their clients looking for?
From Pizza Door Delivery to a 47 Door Portfolio04 Nov 2022
Start your real estate investing journey with house hacking. "Go for the ugliest home. And you do those improvements and go for the cheapest possible price so that you can put less money of yours into the deal." Our podcast guest this week, Aditya Soma, is a real estate investor and entrepreneur based in Canada. He started his real estate journey in 2016 and has since built a portfolio of 47 rental units. He is also the owner and operator of a successful real estate sales business. He came from a lower-middle-class family in India, his Father had to borrow money from friends and relatives to enable Aditya to come to Canada for his education. He worked various odd jobs to make ends meet and eventually found his way into the real estate industry. He now owns 47 units and has quit his software job to focus on his real estate business full-time. In this episode, you will learn the following: How Aditya Soma went from being a poor student with debt to becoming a successful real estate investor with 47 rental unitsThe importance of building credit and having a good credit scoreHow house hacking can be a great starting point for new real estate investors Other episodes you'll enjoy: Reflections on Last 2 Years and Where Are We Heading (Ep. 200) https://thereiteclub.com/en/podcast/reflections-last-2-years-and-where-are-we-heading-ep-200 Scaling your Portfolio – Success is in the Details (Ep. 177) https://thereiteclub.com/en/podcast/scaling-your-portfolio-success-details-ep-177 Investing in Real Estate as a Couple and as a Team (Ep. 170) https://thereiteclub.com/en/podcast/investing-real-estate-couple-and-team-ep-170 This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/ The REITE Club podcast - for sponsor slots contact Katherine at grow@thereiteclub.com Loved this episode? Please leave us a review and rating. Please check out all our podcast episodes https://thereiteclub.com/podcast/ From being an immigrant with over $100K in debt to becoming financially independent at 30, Aditya Soma is a software engineer turned real estate agent in Canada making over a million dollars in commissions. He has not just built a dream life for his family but is also helping people create FREEDOM. It all started with one YouTube video; today he has 20,000+ Subscribers, with over 1 million views, and in 2021 he and his company (WincityReal Estate Team) sold $75million of real estate.Aditya comes from a humble background in India and has had a tough childhood. He has seen his father hustle into odd jobs to get the food on the table. And now, finally, he helped retired his father, paid away all his debt, and is living the Canadian dream with his family.Aditya has been rated as #1 real estate agent in Windsor, ON, and is among the top 40 Real Estate Agents in Canada. In his personal portfolio, he has accumulated 47 doors and counting Aditya Kumar Soma's contact info: Email: aditya@wincityre.com Website: https://adityasoma.com/Instagram: @adityakumarsomaFacebook: https://www.facebook.com/adityaksomaYoutube: https://www.youtube.com/c/AdityaKumarSomaLinkedin: https://www.linkedin.com/in/aditya-kumar-soma-755679109/ Connect with The REITE Club:Instagram: https://www.instagram.com/reiteclub/Facebook: https://www.facebook.com/groups/thereiteclubYouTube: https://www.youtube.com/channel/UCKPoaUTDRdCx9-Db-aI0ehgTwitter: https://twitter.com/thereiteclubLinkedIn: https://www.linkedin.com/company/the-reite-club/Website: https://thereiteclub.com/
Understanding Landlord and Tenant Issues – A Paralegals Perspective28 Oct 202200:48:07
The last two years have seen a continued decline in the functional running of the Landlord Tenant Board and landlords and real estate investors are having to be much more accurate in the application process and creative in their approaches to tenant issues.  This is increasingly requiring the need to have an experienced legal representative on your case, otherwise, you run the risk of waiting 8-12 months for a hearing, failing, and having to start all over again.  One such expert is Andrew Choubeta, a paralegal and fellow real estate investor. Andrew can often be found sharing almost unbelievable stories about his work in this area. However, in today's episode, he delves deeply into the various processes to be aware of right now, proposed future changes, and potential rent freezes and bylaw updates.  This is a must-listen episode for any real estate investor because it's not a case of if you face a tenant issue but when.  In this episode you will learn about: Changes to the interpretations of N13's and the impact on landlordsHow the Ontario rental landscape might change Using Advanced Resolution Requests to speed things upThe rental market freeze - if and when it might happenShort-term rental bylaws and changesHow landlords can protect their investments and portfoliosWhen a post-Nov 2018 rental increase may not apply.Trying to find the mystery prosecutor The express lane for N7'sIs there a solution to LTB dysfunction? Andrew Choubeta is a paralegal that cares about landlords and their investments. Servicing all of Ontario, Andrew and his colleagues at Caveat LLP have a combined decade of experience dealing with investor-focused Landlord and Tenant issues. As an investor himself, Andrew has a results-driven approach to legal practice. Get in touch with Andrew Choubeta:Website: www.caveatllp.comFacebook: https://www.facebook.com/Caveatllp/Email: info@caveatlegalservices.comPhone: 289-339-1311 This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/ The REITE Club podcast - for sponsor slots contact Katherine at grow@thereiteclub.com
How to Have Real Estate Fund Your Life21 Oct 202200:30:04
People get involved in real estate and real estate for a variety of reasons. One of the most popular is to step away from the 9-5 and have it fund an enjoyable lifestyle. Our podcast guest this week, Michael Dominguez, started investing when he and his wife were both working well-paid corporate jobs. But as he became more involved Michael decided to go into real estate full time, the choice he had to make was either as a realtor or a real estate investor because he found he couldn't focus on both and have as much success. In this episode, Michael shares what direction he took, how that has helped him build his portfolio, and now how he is helping others achieve similar results through his book. He also outlines a defining moment more recently when 3 clients passed away and how that pushed him to design the best life he is now leading and where that takes him. In this episode you will learn about: Following the buy a property a year strategyChoosing between becoming a realtor or a real estate investor full timeStructuring joint venture deals Identifying quality properties in quality neighborhoodsFinding ideal tenants who will leave in 2-5 yearsPlanning and preparing for market turmoilLiving the best life after having three clients pass awayOffering tenants the option to move outNot being focused on building net worth Get in touch with Michael Dominguez:Website: www.armchairrealestatemillionaire.com  Michael Dominguez is an award-winning sales representative, a member of the RE/MAX Hall of Fame, and the founder of Doors to Wealth Real Estate Group, a team of realtors focused on educating and assisting people in residential real estate.  After becoming a realtor in 2008, Michael realized the opportunities in real estate investing and bought his first investment property, proceeding to add to his portfolio for 10 consecutive years. Throughout his realtor career, he has completed over 300 investment property transactions.  When he entered real estate in 2008, Michael was drawn to people who saw real estate ownership as a vehicle for building wealth and reaching their goals. Many of his current and former clients were able to quit their full-time job, do more of what they wanted to do, and seek their passions. As an investor realtor, Michael discovered a real passion for helping others build their wealth so they can experience the choices and financial freedom they desire.  Michael has been named Investor Realtor of the Year by the Real Estate Investment Network (REIN) twice, as well as Canadian Real Estate Magazine Investor Realtor of the Year. He was also awarded a RE/MAX Jazz Mentorship Award.  In his downtime, Michael is a die-hard Los Angeles Dodgers fan and an avid traveler who desires to have as many once-in-a-lifetime experiences as possible in his life. Currently, he and his wife own 11 two-unit dwellings in Ontario, Canada.  This episode has been brought to you in part byLegal Second Suites - https://legalsecondsuites.comBM Select - https://bmselect.ca/The REITE Club podcast - for sponsor slots contact Katherine at grow@thereiteclub.com
Reflections on Last 2 Years and Where Are We Heading14 Oct 202200:35:20
When The REITE Club podcast reached 100 episodes who could have predicted what was going to happen to real estate and the world in general during the next 100? But here we are, 2 years later, celebrating 200 episodes of the podcast. Join The REITE Club Co-Founders, Laurel Simons, Daniel St. Jean, Sarah Larbi, and Alfonso Salemi as they share what they have been up to over the last two years, where they think things are heading for real estate in the short term and what you need to be doing to prepare for that. They also share what their plans are for the next two years and where they hope to be by the time episode 300 rolls around as they Customize Their Lives.  In this episode you will hear about: Customizing your life through real estate Laurel's adventures in wine and travelDaniel's pivot to out-of-country investingSarah's development projects and strategy shiftAlfonso's team expansion personally and professionallyCo-founder's thoughts on the immediate future of real estateTheir future plans during the next 100 episodes We're Sarah Larbi, Alfonso Salemi, Laurel Simmons, and Daniel St-Jean. We've all been real estate investors for many years now, and we all have different experiences and specialties, especially when it comes to real estate investing! We look forward to connecting with you as our REITE Club community grows. Website: https://thereiteclub.com/Email: grow@thereiteclub.com This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/Mid-Term Rentals- https://sarahlarbi.com/mid-term-rentals/BM Select - https://bmselect.ca/
Being a Mindful Landlord and Investing in Montreal06 Oct 202200:39:29
Being a Mindful Landlord and Investing in Montreal After being dropped into property management while at University as a student house manager, Terrie Schauer took a harder look at the industry and a wider consideration of real estate investing as a career and business. After first being a full-time Property Manager for a company in France she now manages a growing portfolio for herself and still manages properties for a number of select clients in Quebec. Her Ph.D. and Masters have given her a passion for research and she spends time understanding the background of hot topics like affordable housing and rent control and then takes mindful decisions around her real estate investing direction and strategies. In this wide-ranging discussion, Terrie shares her thoughts on the Montreal market, property management, discipline and preparation from being a word champion in Jiu Jitsu and her passion for applying mindfulness principles to Real Estate investing having written the #1 bestselling book on the topic, The Mindful Landlord.    In this episode you will learn about: Mindfulness and real estate investing  Property management lessons early in lifeHow property management can be a gateway to other REI business Montreal market rentals and challengesHow to successfully hire a good property managerCMHC and affordable housing Researching rent control and does it make sense  Get in touch with Terrie Schauer:Website: https://terrieschauer.com/Mindful Landlord book - https://terrieschauer.com/order-mindful-landlord-book/LinkedIn: https://www.linkedin.com/in/terrieschauer/ With 20+ years of experience as a Real Estate investor and property manager, Terrie is CEO & founder of MyRoom Gestion, a property management and Real Estate consulting group based in Montreal, Canada. She is the leading authority on applying mindfulness principles to Real Estate investing and has written the #1 bestselling book on the topic, Mindful Landlord. Co-host of two wealth and real estate podcasts (The Mindful Wealth Podcast & The Real Estate Investor's Club Podcast), her clients include business owners, executives and professionals who want to hedge the rat race and gain financial freedom through Real Estate. Her passion is to help fellow investors act for both profit and peace of mind. Her key areas of expertise are Real Estate with a focus on holistic wealth, financial freedom, and female excellence in investing and beyond. She has given keynote addresses at Canadian Real Estate conferences on these topics. Terrie holds a Ph.D. (SFU) and Masters degree from Oxford University. She is a two-time world champion in Brazilian Jiu Jitsu. Her best-selling book, Mindful Landlord, is currently available on Amazon. This episode has been brought to you in part byPrivate $ 4 Mortgages https://privatemoney4mortgages.com/Inspire Beach Resort https://inspirebeachresort.com/BM Select - https://bmselect.ca/
Financing, Pivoting and Looking at Luxury Developments in the US29 Sep 202200:37:12
Podcast guest, Jacob Perez, has been investing in the Hamilton, Ontario real estate market since he was 23 years old initially with single-family and duplexes and moving more into multi-family properties. He has also previously used the short-term rental strategy but now is more positive about the mid-term rental market. As a mortgage agent, Jacob stays up to date with the latest news in financing and shares what he is seeing and expecting when it comes to interest rate increases, how private money has not moved up as quickly, and what to look for if financing in the US. Being always ready to pivot is one of Jacob's rules and after having enjoyed the opportunity to buy a vacation condo in Florida he spent more time recently looking at the US market. He is now working on luxury development projects in Florida as well as continuing to invest in multi-family opportunities in Ontario looking to leverage some of the CMHC financing options.  In this episode you will learn about: From real estate investing to mortgage brokerageNuances of investing in the US and US financing optionsBe ready to pivot as markets changeMidterm rentals versus short-term rentalsImpact rising rates are havingWhat's happening in the private money marketWhat are trigger rates and how are they affectedExtending mortgage amortization  Jacob Perez has been investing in the Hamilton, Ontario real estate market since he was 23 years old. Leveraging his early success, he began partnering with families and professionals in the Greater Toronto Area (GTA) to complete joint venture real estate transactions. He is now working on luxury development projects in Florida and continues to keep an eye on local markets as things change. Jacob works as a Mortgage Agent with Synergy Mortgage Group, a role that allows him to assist investors and first-time homebuyers leverage real estate. Get in touch with Jacob Perez:Instagram: @jacobperez10Website: https://synergymortgagegroup.com/ This episode has been brought to you in part byPaul Copcutt - https://paulcopcutt.com/Mid-Term Rentals - https://sarahlarbi.com/mid-term-rentals/BM Select - https://bmselect.ca/
Lessons From Becoming a Full-Time Real Estate Investor23 Sep 202200:35:35
When they get started in real estate investing, the dream for many is to quit their 9-5 and become full-time investors and customize their lives. But how can you do that confidently and successfully?  This week's podcast guest, Jared Henderson was able to flip a property in January this year which gave him the cushion to take that step after 10 years of building his portfolio to 23 doors. In this episode Jared shares his journey, his focus on student rentals and how he has switched his approach with the recent market downturns and rising interest rates. He also shares the importance of not only being able to analyze a property for one strategy but ensuring you have a plan B with such a volatile environment that is likely to be around for a while.  In this episode you will learn about: Getting started in real estate investing and growing to 23 propertiesThe changing student rental market How to address non-cash flowing propertiesGoing full-time into real estate investingHow to analyze a flip in today's marketDelegating non-business building tasksThe balance of education and taking actionNetworking and investing remotely Get in touch with Jared HendersonInstagram: @jaredh55 This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/Paul Copcutt - https://paulcopcutt.com/BM Select - https://bmselect.ca/
Upgrade Rentals for Higher Returns: Tips to Maximize Property Cash Flow23 Aug 202400:08:25
Did you know that adding amenities like maid service, high-speed internet, and higher-end appliances can significantly increase rental cash flow? But that's just the tip of the iceberg. In this episode, you'll discover unexpected strategies for upgrading student rental properties and transforming historic buildings into luxury living spaces. Get ready to be surprised by the innovative renovation ideas that can skyrocket the value of your rental properties.Stay tuned to discover the secrets that could change your real estate investment game and take your properties to the next level. In this episode, you will be able to: Maximize rental property space to attract higher-paying tenants and increase cash flow. Improve rental property amenities to attract top-tier renters and maximize rental income. Discover renovation ideas that can significantly increase the value and appeal of your investment properties. Learn how to upgrade student rental properties to attract students and increase rental demand. Explore the potential of transforming historic buildings into luxury living spaces to unlock higher rental returns. Jamil Rahemtula, a real estate investor and realtor based in Hamilton, Ontario, brings a wealth of expertise in student rental properties. With a focus on maximizing rental cash flow and property value, Jamil emphasizes the importance of furnishing properties with high-end amenities, offering maid services, reliable internet, and maintaining a clean and safe living environment. Ken Bekendam, an accomplished real estate investor and architectural design consultant, shares his extensive knowledge in transforming historic buildings into luxury living spaces and renovating two to five unit properties. With a focus on maximizing the potential of properties, Ken's expertise in construction, building code, and selling bylaws makes him a valuable asset for investors seeking to optimize urban spaces and fuel housing growth. Tune into the episode: https://thereiteclub.com/en/podcasts Get in touch with Ken Bekendam here:  LinkedIn: https://www.linkedin.com/in/kenbekendam/ Facebook: https://www.facebook.com/kenbekendam Instagram: https://www.instagram.com/kenbekendam/ Youtube: https://www.youtube.com/@kenbekendam Website: https://legalsecondsuites.com/ Get in touch with Jamil Rahemtula here: Facebook: https://www.facebook.com/JREALTYNETWORK/ Instagram: https://www.instagram.com/jamilrealty/ Website: https://jamilrahemtula.com/ 
What the Latest Interest Rate Changes Mean for Investors16 Sep 202200:27:34
On September 7th the Bank of Canada again raised interest rates, perhaps higher than many people expected. They also indicated that they were not finished when it comes to raising rates further. What does this all mean for real estate investors? In this special recording from a recent webinar, Daniel Patton of Butler Mortgage outlines the impact this most recent rate increase will have and perhaps what additional rate rises may mean.  In this episode you will learn about: Stress tests and qualifying rate changesCommercial rate considerationsFixed versus variable rates - which one to choose?Why fixed rates may be cheaper than variable3% and above means a high risk for the banks What is a trigger rate and how to calculate itWhat does an investor do right now? Daniel Patton is the co-owner of BM Select and has been helping Investors scale their Real Estate Portfolio for over 15 years. BM Select is the # 1 Mortgage Brokerage for volume for the last 5 years, and in 2021 they funded over $600M in mortgage transactions. BM Select continues to be the industry leader for Investors when it comes to buying and selling real estate.  Daniel was born and raised in Mississauga Ontario Canada and grew up playing competitive sports and music while spending some time at school as well. Daniel suffered from ADHD as a child but often says that it has helped shape his career, and in many ways taught him how to be successful in business and as an investor. He has been involved in mortgages since 2003 and his team routinely ranks among the Top 20 Mortgage Agents across the country. Get in touch with Daniel Patton:Website: https://www.butlermortgage.ca/Email: daniel@bmselect.ca905.569.8326  ext 112  This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/Private $ 4 Mortgages - http://privatemoney4mortgages.com/BM Select - https://bmselect.ca/
Discipline and Mindset Equals Success in Real Estate Investing09 Sep 202200:43:44
By her own admission, Victoria Cluney made slow progress initially in real estate. But a combination of forcing functions and making the right connections her portfolio has not only grown but the size of projects she is investing in has increased. In this episode, Victoria shares the lessons and opportunities that arose from losing a deal that had her in tears and how that set her on a path to a deal now that involves a greater level of complication and learning, setting her up for the next level. In this episode you will learn about: Expertise versus confidenceFlipping the switch to 'What if you can?"Getting into real estate investing accidentally at age 22Taking on bigger and scarier projectsFacing discomfort and moving forwardJumping into social mediaLessons learned from failureBigger returns than money Follow and get in touch with Victoria Cluney:https://www.instagram.com/investrealfit/https://www.tiktok.com/@investrealfithttps://www.facebook.com/cluneyco/https://www.facebook.com/groups/cluneyco Email: cluney.co@gmail.com Victoria Cluney has been investing in real estate for over 17 years. She currently lives in Ottawa, ON; however, specializes in the Nova Scotia market where she has built a dependable team spanning across the province.  With over 20 years of service in the Canadian Armed Forces, a soon-to-be Masters of Psychology and a high-level athletic background, Victoria blends lessons that she has learned within the military, schooling and sports to promote discipline, health, fitness, and mindset in both business and in life.  Passionate about networking and connecting with others she is also a co-leader for the real estate investHER monthly meetups in Ottawa.  This episode has been brought to you in part byLegal Second Suites - https://legalsecondsuites.comPaul Copcutt - https://paulcopcutt.com/BM Select - https://bmselect.ca/
Working with an Educational Contracting Company02 Sep 202200:34:06
Renovations can make or break a real estate investment property and there are a number of factors that will contribute to that. The overarching factor though is to work with a contractor who has the experience AND the honesty to quote a project that not only works with your budget but also ensures you come out with a profitable conclusion. Our podcast guest this week, Jon Tenbrinke of Black Jack Contracting, was the youngest ever Master Electrician in Ontario and this drive and desire to be the best at what he does has transformed his company to be one of the most trusted renovation contractors for real estate investors in the GTA. In this episode, Jon shares a number of insights and advice that you need to pay attention to and also gives us some of the downsides of not heeding that advice. This straight-talking approach is why Jon stands by his quote guarantees and why his company has been able to complete over 230 basement conversions over the last 5 years and his consulting and coaching services are in such high demand. In this episode you will learn about: State of the contracting business as we come out of the pandemic.What an Educational Contracting Company is.Lessons learned from converting over 230 basement suites.Why communicating with both investor and JV partner is critical.3 top things to do to maximize refi value.3 biggest mistakes investors make when wanting renovations. Get in touch with Jon TenbrinkeWebsite: https://blackjackcontractinginc.ca/Email: info@blackjackcontractinginc.ca This episode has been brought to you in part byPrivate Money 4 Mortgages - https://privatemoney4mortgages.comBM Select - https://bmselect.ca/
 How to invest in Detroit as a Canadian 26 Aug 202200:35:14
The next real estate investment markets for Canadians may well NOT be in Canada. As the markets in Canada continue to offer less investing upside either because of expensive inventory, higher interest rates or lower cash flow, many real estate investors are starting to look South of the border. Is the market that much different in the US? If you look at the more popular areas like California or New York then there is little difference between them and Toronto or Vancouver. But take a look at cities with a more recent downside and there are plenty of opportunities. Detroit is one such market. Our podcast guests those week, Voytek Mardula and James Lloyd of US Properties.ca have been focused on Detriot for the last 5+ years and have local knowledge and expertise and a full turnkey operation that makes it so much more seamless for Canadians to consider investing in the US. In this episode you will learn about: Why Detroit is not seeing the drop off of other markets.Growth opportunities for investors in Detroit.What to consider when investing in the US as a Canadian.Local financing options versus Canadian money sources.The best Detroit neighbourhoods for cash flow and appreciation Voytek Mardula, a lifelong entrepreneur, has owned and operated businesses in various industries over the last 25 years, including hospitality, brand name apparel and telecommunications. In the last 12 years, he has also gained extensive experience in investing in and managing rental properties, both in the US and Canada. Voytek’s current focus is on US real estate, primarily in Detroit. In addition to buying and selling turnkey investment properties in the US, the property management company which he owns, operates and manages over 300 doors in the greater Detroit area.  James Lloyd is the Canadian Sales Manager for USProperties.ca.  With over 17 years of definitive experience in hospitality and sales management experience, he has a passion for customer service and client relations.  On a daily basis, he is responsible for overseeing the company’s client development and helping Canadian investors every step of the way with a turnkey solution for purchasing cash flow positive real estate in the Detroit area.  Outside of work James enjoys living a healthy, active lifestyle and spending time with his young son. Get in touch with James Lloyd & Voytek Mardula:Website: https://www.usproperties.ca/Email: jameslloyd@usproperties.ca This episode has been brought to you in part byLegal Second Suites https://legalsecondsuites.comBM Select - https://bmselect.ca/
Importance of working with investor-focused realtors19 Aug 202200:31:57
Whether you are a novice real estate investor or someone with more experience having the right people on your team can make or break your success. An important member of that team is a real estate investing-focused realtor. In this week's podcast, you get two for the price of one with the power duo of Enza Manduca and Meaghan Lazenby of eXp Realty. Enza and Meaghan share their passion and love of real estate which made them both leave their corporate jobs behind and seek to make a difference for others. In our conversation, they both share some great insights on what you should be asking a realtor, what to expect in working with one and how their process accelerates the investing process for their clients. Also, understand how the real estate market in the west GTA has changed over the last 6 months and where the opportunities are now. In this episode you will learn about: How the real estate market has changed in the last 6 months The shift from pre-construction to resale investment properties Moving from corporate life to real estate Working with real estate investors The process of helping novice investors Best business advice received Top 3 questions to ask a real estate agent Guests:Meaghan Lazenby and Enza Manduca are both investor focused realtors and investors. Working in the Golden Horseshoe and Niagara Region areas, they help their clients build generational wealth through purchasing cash-flowing properties.  They help their clients play the real-life game of Monopoly and win! Based out of eXp Realty and are also building an international team and specialize in coaching both novice and experienced investors in single family, multi-family, student rentals, pre-construction, flipping and BRRR projects. When they are not working with clients, you can find Meaghan spending time with her family around their pool or on the ice playing ice hockey and you can find Enza Latin dancing or at the spa! Get in touch:Meghan Phone: 289-772-8488Enza Phone: 905-808-5158Emailmeaghanlazenby@gmail.comenza@manduca.caFollow on Instagram@meaghanlazenby2020@enzamanduca This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/
First investment property at 14 – now at over 3500 deals12 Aug 202200:40:07
When Scott Ulmer first got started in real estate investing at only 14 years old he probably had no idea that a little over 25 years later he would be closing on his 3500th deal. But his combination of tenacity, having great mentors and always focused on never being out of the market stood the test of time and was the foundation of his success.    But there is more to the story than that. Scott is the Founder of Little Pink Houses which offers middle Americans who struggle to qualify for traditional loans an opportunity to achieve the American Dream of homeownership through unique, individually tailored financing and purchase programs. The company partners with real estate investors from across North America and the result are win-win-win outcomes for the homeowner, the investor and Pink. The joy of making and seeing that happen multiple times a week is what drives Scott and his team. As Daniel St Jean says in the podcast, when you have the opportunity to hear from someone who has completed 3500 deals you are going to want to pay attention.Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: How to do over 3500 deals the right wayWhat it's like partnering with a REITE Club memberAdvice for the seasoned investor in today's marketWhat newbie investors need to do differently in today's marketThe reasons to invest in Florida and Jacksonville in particular Scott Ulmer is a nationally recognized real estate speaker and trainer with over 25 years of experience as a real estate investor. He loves teaching people how to change their lives by understanding how to make money in real estate without cash or credit, and has helped over 3,000 people buy or sell their homes. Scott’s diverse experience in real estate allows him to share the good, the bad, and the ugly. He strives to make every day better than the last, and positively impact as many lives as possible. Scott is the founder of Little Pink Houses of America™, one of the fastest growing real estate investing companies in North America.  Get in touch with Scott Ulmer:Website: https://www.pinkaffiliates.com/LinkedIn: https://www.linkedin.com/in/scott-ulmer/ This episode has been brought to you in part byPrivate Money 4 Mortgages - https://privatemoney4mortgages.comElevation Realty - http://www.elevationrealty.ca/BM Select - https://bmselect.ca/
From Welfare to Digital Nomad Lawyer05 Aug 202200:30:11
Even as a child, Milena Cardinal was a passionate puzzle solver. Today she gets excited about finding creative ways of resolving complex legal issues that her clients bring to her law firm.  At age 21 she was a young mother on welfare, last year, during the pandemic, she was able to operate her highly successful, growing legal practice entirely remotely while living in Columbia, Mexico and the USA. In this episode, Milena shares how to prepare for a digital nomad adventure and what it takes to manage a business, real estate portfolio and find time for family.  As a private real estate investor herself, Milena is well versed in real estate, from its legal to its business aspects. She has combined these joint interests to venture into the intricate world of private lending. She is also on a mission to bring the wonders of investing in Quebec to more Canadians and simplifying the legal process as much as possible in a Province that historically creates way more paperwork! In this episode you will learn about: Lessons from parent's choices and expectations Preparing to live life as a digital nomad The joy of unravelling complex legal puzzles Frustrations of working with notaries in Quebec Find work-life harmony and do what you love Milena is known for the care she provides to her clients and her focus on surpassing their expectations. She and her team strive to approach the law differently. Paperless, efficient, available, approachable, tech-savvy, creative, and human, this firm prides itself on shaking up the legal world and its traditions.Milena was called to the Bar in Ontario in 2011.  She is a member of the Law Society of Upper Canada and the Stormont Dundas & Glengarry Law Association and currently sits on the Board of Directors for the Cornwall Chamber of Commerce.   Milena obtained her common law degree, a Doctor of Laws (J.D.), from the Queen’s University Faculty of Law in Kingston, Ontario. Prior to that, she earned her civil law degree (L.LL.) from the University of Sherbrooke in Quebec.   When she finds a spare moment to herself, Milena loves to spend time with her children, host dinner parties and play board games.  Get in touch with Milena Cardinal:Website: https://cardinallaw.ca/Email: info@cardinallaw.caFacebook: https://www.facebook.com/Cardinallaw/https://www.facebook.com/milena.cardinal.1 This episode has been brought to you in part byBlack Jack Contracting Inc - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/
Busting the Work-Life Balance Myth with Automation29 Jul 202200:32:00
Growing a successful real estate investing business takes a lot more than a 4-hour work week. In fact our guest this week, Lena Guirguis shared "When you come to terms with there is no work-life balance, it becomes a lot easier to create a balance that works for you." This philosophy, along with an anything is possible attitude and determination has helped Lena and her husband build several multi-million dollar businesses in real estate. Growing up as older children of immigrants they saw the inequitable way their parents were treated and were determined to not have that happen to them. They started by taking control of their situation by buying properties that others found difficult to manage and made themselves accessible landlords to their tenants. This approach created a word of mouth that enabled them to scale fast and with great systems in place, they were able to replicate this for other landlords and investors.  With an eye for opportunity and a giving approach, they now run a successful networking and education group for women in several cities, own a construction company and have a 10-year plan to build an intergenerational, affordable sub-division that will fill the gaps they believe exist in many communities.    In this episode you will learn about: Automation and why it will accelerate your businessHow immigrating to Canada formed her approach to real estateHow being available as landlords attracts better tenants Lessons from working in real estate as a couple Tips for taking care of yourself with time blockingBusting the myth of work-life balance Lena Guirguis is a Real Estate Advisor, Wealth Coach, and Public Speaker. A self-made millionaire. She has co-founded 6 successful companies including; NV Property Management and Stilettos & Hammers operating in both Canada and the United States. She began her real estate journey in early 2003 at the age of 21 with the purchase of a mismanaged triplex in Eastern Ontario to buy, fix and hold. With over 15 years of active investing in North America, Lena has experienced firsthand, the ups and downs of the Real Estate market.  Despite its cyclic nature, she was able to create scalable systems that allow for continuous growth. Lena lives by the philosophy: “It doesn’t matter where you come from; it’s where you decide you want to go.” She understands what it is like to work hard for what you have, and in 2016 she embarked on her greatest journey yet, becoming a mom to a rambunctious little girl she proudly calls her “CEO in training”  Get in touch with Lena Guirguis:Websites: https://lenaguirguis.com/https://stilettosandhammers.com/https://nvpropertymanagement.ca/Instagram: https://www.instagram.com/lenaguirguis/Facebook: https://www.facebook.com/lenaguirguis1Text: 6475573401  but you must say where you heard Lena otherwise she will ignore you!  This episode has been brought to you in part byPrivate Money 4 Mortgages - https://privatemoney4mortgages.comBM Select - https://bmselect.ca/
The Inside Scoop – what you need to know about moving to Costa Rica22 Jul 202200:36:51
Guest:  Tammy LovellSo you're thinking about moving to Costa Rica.  How do you decide if this is the right move for you? Tammy Lovell shares the tips and tricks she learned along the way and the help she received to navigate this new life and lifestyle. Just for a moment,  forget about the complexity of the world and discover something new. Take a slow deep breath and allow Tammy to introduce you to the land of PURA VIDA. In this episode you will learn about: Tammy's journey between Costa Rica and Newfoundlandexploring and traveling within Costa Ricawhat you need to know about the medical system and servicesshopping - from groceries to clothescommunication tips while in Costa Ricawhere the opportunities are to purchase a propertyand finding the right fit for you Get in touch with Tammy LovellWebsite: https://www.tammysellscostarica.com/Email: tammysellscostarica@gmail.comWhat's App: +11 506 8339 5807Facebook: https://www.facebook.com/tammysellscostaricaTammy Lovell is a Canadian - a Newfoundlander to be exact - who traded the long cold winters for a warm tropical life in Costa Rica. Living and working in the land of eternal summers has been quite a dream come true and one they feel quite blessed to have.  An established realtor in Newfoundland, Tammy is also one of less than one hundred licensed real estate agents in Costa Rica and can help you decide if Costa Rica is right for you.   This episode has been brought to you in part byElevation Realty - http://www.elevationrealty.ca/Private $ 4 Mortgages - http://privatemoney4mortgages.com/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Attending the REI School of Hard Knocks15 Jul 202200:36:08
From getting knocked down at 27 to making a comeback to successful Real Estate Investor, Coach and Mentor to other Real Estate Investors, Tim Tsai shares his philosophy, insights and strategies he's used to grow a successful global real estate portfolio through fluctuating markets. Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: The strategy Tim is actively using the most right now Which markets Tim is investing in in 2022 - and why Rising interest rates and what this means for Real Estate InvestorsWhat investors should do with the speculated recessionHow to streamline your investing businessThe biggest mistake investors make - and how to correct it Get in touch with Tim Tsai:Website: www.TrustYourTalent.ca Email: tim@trustyourtalent.ca International Real Estate Investor, Award Winning Mentor, Business Coach. Tim became financially free in 25 months from his first Real Estate Investing training - retiring himself from his J.O.B. at the age of 30. Tim continues to be an active investor and is passionately paying it forward, helping others increase their financial education through real estate investing. This episode has been brought to you in part by Inspire Beach Resort - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/Black Jack Contracting Inc - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Financial Freedom Through Real Estate: Tips from Experts on Developing an Investor Mindset16 Aug 202400:12:17
Join us as we unveil the powerful lessons learned from shifting from a consumer mindset to an investor mindset, and the unconventional sacrifices made to achieve success. This raw and authentic account will challenge your beliefs about financial freedom and leave you with a burning curiosity to discover the mindset shifts that could transform your own life. Stay tuned for an exploration into the world of real estate investing and the unconventional paths to wealth creation. In this episode, you will be able to: Embrace the mindset shift from consumer to investor and unlock the keys to financial growth. Conquer financial challenges and pave the way for real estate investment success with proven strategies. Discover the endless benefits of real estate investing and how it can elevate your financial future. Unveil powerful strategies for achieving financial freedom through real estate investment. Gain invaluable tips from experienced real estate investors and accelerate your learning curve in the investment world. Tim Tsai, the experienced real estate investor and founder of Trust Your Talent Academy, brings a wealth of knowledge and teaching experience to the table. With a 14-year track record of personal learning and a dynamic presentation style, Tim is known for his expertise in real estate investing. Alfonso Cuadra, an accomplished real estate investor, has a remarkable story that underscores the significance of mindset transformation in achieving financial success. Overcoming homelessness, Alfonso's experiences have shaped his entrepreneurial spirit, emphasizing the essential shift from a consumer to an investor mindset. Tune into the episode: https://thereiteclub.com/en/podcasts Get in touch with Tim Tsai: LinkedIn: https://www.linkedin.com/in/timtsai/ Facebook: https://www.facebook.com/thetimtsai/ Email: Tim@TrustYourTalent.ca Youtube: https://www.youtube.com/c/TrustYourTalent20 Website: https://trustyourtalent.ca/ TikTok: https://www.tiktok.com/@trustyourtalent Instagram: https://www.instagram.com/trusturtalent/ Get In touch with Alfonso Cuadra:  Youtube: https://www.youtube.com/user/alfonso2k8 Website: https://alfonsocuadra.com/ Facebook: https://www.facebook.com/alfonso.cuadra.58/ X: https://x.com/#!/alfonso13 Instagram: https://www.instagram.com/alfonsocuadra/ TikTok: https://www.tiktok.com/@alfonsocuadra LinkedIn: https://www.linkedin.com/in/alfonso-cuadra-75463615
Your Map for Maneuvering through the Mortgage Maze08 Jul 202200:49:20
Having walked the walk, taking a few left turns, to becoming a successful real estate investor and award-winning mortgage broker, our guest this week, Brian Hogben shares his insight to help you maneuver to success. In this episode you will learn about: Forecast planning for 'best' and 'worst-case scenarios Your Credit Score. Tips to keep it as clean as possibleSecrets to successful financingBuilding the foundation for a strong team Why now, right now, is a great time to investNavigating a changing marketplace to meet, and exceed, your goals  Get in touch with Brian Hogben:Website: https://mission35mortgages.com/Email: brian@brianhogben.comWith over 500 five-star reviews behind Mission 35 Mortgages, Brian has built a team of experts that help their clients navigate the mortgage process with ease and expertise. Canadian Mortgage Professional has ranked this multi-award winner, author and sought-after speaker, among the top 75 mortgage brokers. This episode has been brought to you in part byLegal Second Suites - https://legalsecondsuites.comREI Branded - https://reibranded.com/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Tricks from the Trade for Successful Renovations30 Jun 202200:37:11
Guest: Van Sturgeon - Real Estate Investor and Mentor In this episode you will learn about: Overcome your fear of house renovationsThe six-steps to a successful renovation projectAvoiding the pitfallsWhy hiring a mentor is your best investmentTricks of the trade Systems and processes for success An experienced real estate investor and contractor for over 30 years, Van walks you through the renovation process from identifying a great deal, to funding options, setting goals and how to find  - and work with - the right contractor.  Get in touch with Van Sturgeon:Website: https://vansturgeon.comEmail: van@vansturgeon.comVan is a real estate investor, home builder, renovator, general contractor and a high performance coach with over 30 years of experience in the real estate industry dedicated to helping new real estate investors overcome their fears of house renovations.  This episode has been brought to you in part by Black Jack Contracting Inc - https://blackjackcontractinginc.caElevation Realty - http://www.elevationrealty.caBM Select - https://bmselect.ca The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Jumping in at 21. Invest. Adapt. Evolve.24 Jun 202200:35:27
In this episode you will learn about: How to navigate the learning curveWhat formal education and real life education taught her about REIWhy starting young was a true advantageThe most valuable things she's learned along the wayBuilding your portfolio in different marketsHow Rebecca structures her corporationsGetting started in REI - What to do when the bank says no Guest: Rebecca Young Rebecca Young reflects back on the lessons learned from purchasing her first property at age 21 with single-family dwellings and duplex BRRRRs to knowing when to step back to assess, reflect and restructure - allowing her to scale and build a portfolio with 41 units over 8 properties. Get in touch with Rebecca:Website: https://5to9.ca/Email: rebecca@5to9.ca This episode has been brought to you in part byElevation Realty - http://www.elevationrealty.ca/Black Jack Contracting Inc - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Taking the Stress out of ‘Stress Tests’17 Jun 202200:38:43
In this episode you will learn about: What makes a good realtor for investorsA realtor's tips for real estate investorsInvestor-specific clauses to add to your agreementsPlacing tenants - how to make sure they're a good fitMaximizing the market rentsClimbing the real estate investment financial ladder Our guest this week, Derek McEwen walks you through the ins and outs of growing your portfolio from setting up your business, financing, choosing which strategy is right for you, finding partners and placing tenants - with tips to take the stress out of the process. Get in touch with Derek McEwen:Website:   https://www.stormrealty.caEmail:   derek.mcewen@bell.netWith negotiating a core part of his career for over 30 years, this real estate investor and real estate investor-focused realtor is definitely the one you want negotiating for you.   This episode has been brought to you in part byInspire Beach Resort - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreatElevation Realty - http://www.elevationrealty.caBM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Going International – When, Where and How to Diversify your Portfolio10 Jun 202200:37:44
Guests: Mel and Dave Dupuis Mel and Dave are taking their innovative real estate investing financing formula outside of Canada. Listen in as they take you through their proven processes and strategies in choosing where, when and how to invest internationally. In this episode you will learn about: Why it makes sense to diversify your portfolio internationallyHotspots they're investing in - and whyWhat to look for when choosing an international country to invest inAlternative financing options when investing outside of CanadaCoaches need coaches too - and why you do tooBest piece of advice they've ever received Get in touch with Mel & Dave Dupuis:Website: https://investormeldave.com/Email: action@investormeldave.comInvestor Mel and Dave are innovative real estate investors and award-winning mentors who have SOLELY acquired over 220 apartments in only a few short years. Even during the pandemic in 2020, they purchased 119 units. Their strategy gives them the ability to purchase properties without using any of their own money or relying on joint ventures - which allows them to own 100% of the property - keeping 100% of the equity, cashflow, and appreciation. This episode has been brought to you in part by Black Jack Contracting Inc - https://blackjackcontractinginc.ca/Inspire Beach Resort - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/Butler Mortgage - https://www.butlermortgage.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
How they did it! Canadians investing in Costa Rica03 Jun 202200:41:34
Guest: Francois & Jennifer Lanthier Francois and Jennifer walk you through the steps for Canadians investing in Costa Rica and the lessons they learned along the way. In this episode you will learn about: the attraction for Canadians to invest in Costa Ricawhat Canadians need to know about: owning property in Costa Ricabanking and financingdiversity of currencyproperty managementtaxes, accounting, and legalitieswhether to incorporate or not to incorporatehow to choose and build your team Get in touch with Francois & Jennifer Lanthier:Website: https://flhomescorp.wixsite.comEmail:  flhomescorp@gmail.com With a plan, bringing together the right mentors, team and community by putting in the blood, sweat and equity - Francois and Jennifer have built a multi-national investment portfolio, including mentor and coaching programs to help others also become successful investors, hosts of their own popular and fun 'Wine and Real Estate' Podcast, becoming Creative Financing Masters as they scaled from 5 to (currently) 42 properties. This episode has been brought to you in part byLegal Second Suites - https://legalsecondsuites.comPrivate $ 4 Mortgages - http://privatemoney4mortgages.comBM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Interpreting the Federal Budget for those wanting to Rent to Own 31 May 202200:19:34
Guest: Alfonso Salemi The Federal Budget for the first time has recognized the need to regulate the Rent-to-Own industry, a viable option for renters to move from renting to becoming homeowners.  Alfonso Salemi, President of the Canadian Association of Rent to Own Professionals (CAROP) weighs in on how this proposed budget is going to affect those who choose the Rent-to-Own Strategy and explains why he gives a thumbs up, or thumbs down, to the highlights.  In this episode you will learn about: What is Rent-to-Own and how will this help renters move from renting into homeownershipWhat the Federal Government is promising to make it easier for renters to get on the path to homeownershipThe three principles of the program are designed for both landlords and rentersProper safeguards to protect future homeowners. What does this mean? How much money is the Government committing to, and how it will be allocatedThe Key to successful Rent-to-Own home ownership Get in touch with Alfonso Salemi:Website:  https://www.carop.ca/https://www.jaagproperties.comEmail:  alfonso@jaagproperties.com Alfonso is one of the REITE Club Co-founders. He is a co-founder of JAAG Properties specializing in Rent-to-Home and President of The Canadian Association of Rent to Own Professionals (CAROP), the collective voice of Rent-to-Own Professionals across Canada.  This episode has been brought to you in part byInspire Beach Resort - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/
Playing Outside the Sandbox to Scale your Portfolio27 May 202200:42:29
Guest: Sarah LarbiHow do they do it? Most of what you see is the tip of the iceberg in someones real estate investing journey.  Sarah takes you below the surface and shares how in just a few years, she has gone from not knowing anything about Real Estate Investing to becoming one of the most inspirational success stories. With focus, grit, and determination she's gone from her first project, to numerous BRRRR (Buy, Renovate, Rent, Refinance, Repeat) for single and duplex income properties, short and medium-term rentals, building townhomes (that sold out in six minutes), and now building an exclusive upscale lakeside resort. Through her Real Estate Investing, Sarah was able to retire from her 9-5 career after seven years. Here, she shares her story and the fundamentals that have allowed her to scale as quickly as she has. In this episode you will learn about: Insights and fundamentals of how to expand and scale your portfolioThe importance of, and what to look for, when building the right teamDue diligence in choosing a property and pitfalls to avoidDifferent options are available for financing a larger projectGrassroots of ZoningThe steps needed to take you from vision to welcoming your first guests - and beyondInspire Beach Resort - a unique resort experience Get in touch with Sarah Larbi:Website:  https://sarahlarbi.com/Email:  sarah@sarahlarbi.com Sarah, one of The REITE Club co-founders, is a speaker, coach, and mentor as well as host of two top-ranking Canadian Real Estate Investing podcasts (Where Should I Invest? And our very own The REITE Club Podcast). Sarah’s results-oriented approach has been featured in The Globe & Mail, Toronto Star, Canadian Real Estate Wealth magazine, and 1010 News Talk Radio and is a co-host on the weekly television show, Everyday Investor.  This episode has been brought to you in part byInspire Resort Retreat  - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/Elevation Realty - http://www.elevationrealty.ca/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
2022 Federal Budget Insights for Real Estate Investors from a Realtor’s Perspective24 May 202200:24:25
Guest: Christopher HummellWith the 2022 real estate market flexuations, and a Federal Budget looming - is now a good time to invest in real estate? Christopher a seasoned realtor and real estate investor unpacks the budget and gives you the 'quick and dirty' on where he sees the market heading, where he's investing, and what he's recommending to both his seasoned and new investors.  In this episode you will learn about: Interest rates and how they can work in your favourWhat real estate investing strategies he's personally usingAvailable support for first-time home buyersHomebuyers Bill of Rights - and what that meansSpeculation Tax - what is it and why it will have an effect on the marketHow the Cap Rate can affect your numbers Get in touch with Christopher Hummell:Website:  https://smarthomechoice.caE-mail: christopher@smarthomechoice.ca Christopher is a full time investor AND a full time real estate agent - working with some of the best in the industry - winning several real estate awards and being profiled in several RE Investment magazines and articles. This episode has been brought to you in part by Inspire Beach Resort Retreat - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Scaling your Portfolio – Success is in the Details20 May 202200:49:42
Full-time Real Estate Investor Axel Monsaingeon provides insight into the intricacies of real estate investing in Montreal and how he not only found his real estate investing niche but has been scaling rapidly in a challenging market.  Taking you behind the scenes, Axel shares his mindset, habits, methods, and lessons on how he’s built his portfolio - and one of the secrets to building a successful team. Guest: Axel Monsaingeon In this episode you will learn about: Finding opportunities and deals in today's competitive marketYou've 'found a deal' - but is it really?  What factors make a real estate investment successfulAdjusting your structure when scaling your portfolioThe nuances of developing your team to support your operations and for long-term successThe process of buying in Montreal - how does it differ from other provincesThe importance of your Mindset in terms of daily tasks Get in touch with Axel Monsaingeon:Website:  https://www.realestateeffect.caEmail:  axel@realestateeffect.ca Axel is the host of the "The Very Real Estate Effect" Podcast focused on real estate investing in Quebec. Along the way to real estate investing, this strong operations professional wove his corporate career through various industries ranging from consumer products to manufacturing honing his negotiation and analytical skills. These skills, along with operations management, have proven invaluable to his real estate investing success.   This episode has been brought to you in part byPrivate Money 4 Mortgages - https://privatemoney4mortgages.comBlack Jack Contracting - https://blackjackcontractinginc.caBM Select - https://bmselect.ca The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Couples Designing Their Roadmap to Freedom Through Real Estate Investing09 Aug 202400:20:56
Struggling to achieve financial freedom as a couple? Tired of following the same old advice that just doesn't seem to work? The frustration of not making progress can be overwhelming. But what if there's a better way to design your roadmap to financial freedom? Join us as we unveil the real estate investing strategies that have helped two couples take control of their financial future. Get ready to customize your life and achieve your goals in real estate investing. We were our own challenge at one point. We got in our own way at one point where we should have been a little bit more aggressive. - Brandon & Carolina Jimenez Surrounding ourselves with people who are doing exactly what we wanted to do... gave us the confidence that we could do the same and we just followed the path. - Sarah & Lénard Sémajuste Put yourself out there and tell people what you're doing and it'll come back around. - Carolina Jimenez In this episode, you will be able to: Mastering real estate investing as a couple: How to build wealth and strengthen your relationship through strategic property investments. Land development strategies in real estate: Unveiling the secrets to unlocking the potential of land investments for maximum profits. Overcoming challenges in real estate investing: Strategies to navigate obstacles and turn setbacks into opportunities for financial growth. Building a real estate investing team: Discover how to assemble the perfect team to support your investment goals and achieve success in real estate. Off-market real estate acquisition strategies: Uncovering powerful tactics for finding and securing lucrative off-market properties for your investment portfolio. Sarah and Lénard Sémajuste, as well as Brandon and Carolina Jimenez, are two dynamic couples who have ventured into the realm of real estate investing together. Sarah and Lénard's focus on land development strategies reflects their innovative approach to creating value and achieving growth in their real estate portfolio. Their adventure is a testament to the power of mentorship, a proactive mindset, and embracing challenges as opportunities for learning and growth. Meanwhile, Brandon and Carolina have triumphed over the hurdles of scaling their real estate ventures, recognizing the significance of collaboration and seeking guidance through coaching programs. Their experiences offer valuable wisdom into overcoming obstacles and building a successful real estate investing team. Tune into the episode: https://thereiteclub.com/en/podcasts Get in touch with Sarah and Lénard Sémajuste here:  Instagram: https://www.instagram.com/samepage.with.sarahandlenard/ Youtube: https://www.youtube.com/@samepage5790 Facebook: https://www.facebook.com/profile.php?id=100063940548609 Get in touch with Brandon and Carolina Jimenez here:  Website: https://medaloproperties.com/ Instagram: https://medaloproperties.com/
2022 Federal Budget Insights – Mortgages & Financing17 May 202200:21:16
The Federal budget highlighted a number of initiatives and proposed changes that will have direct and indirect impacts on the real estate market. One significant area will be interest rates that we are already seeing rise with more increases predicted by the economists and indicated by the Bank of Canada. How will all this affect mortgages and financing and real estate investing generally?  This podcast episode is from a recent National Event session with guest Brian Hogben, Mortgage Broker and Real Estate Investor. Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: What the Federal Budget has in store for Real Estate Investors What's behind the Federal Budget strategy in 'managing' inflation. What's better -  Variable or Fixed Rate Mortgages?How to run your numbers to invest now and the best strategies.Stress tests for REI vs. new home buyers - what you need to know. What the leading indicators are of a competitive marketWhen should you refinance in this market?  Get in touch with Brian Hogben:Website:  https://mission35mortgages.com/Email:  brian@brianhogben.com After building a massive real estate portfolio, Brian opened Mission 35 Mortgages and quickly becoming one of the industries top mortgage brokerages.  Brian is also the Author of ‘How to Get Mortgage Free Really F*$%ING FAST’ to show other people that becoming mortgage free faster is not just a pipe dream, it is a reality. This episode has been brought to you in part byInspire Beach Resort Retreat - https://liverealfactory.com/event/have-your-cake-and-eat-it-too-retreat/The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
The Power of Other People’s Money13 May 202200:36:19
Guests: Karan & Kunal Malhotra, Real Estate Investors  In this episode you will learn about: OPM - Other People's MoneyBenefits of connecting with other peoplePrivate InvestorsBuilding trust with InvestorsThe Numbers Game - Secured vs. Unsecured FundsVarious Investment Strategies Get in touch with Karan & Kunal:Email:ksrk.holdings@gmail.com Karan and Kunal immigrated from India. Karan came to Canada in 2012 as a student. Their real estate investing career started with the idea of the Canadian dream of buying a house. In only a year they managed to accumulate 10-doors in their portfolio, and all deals are 100% OPM with no JVs. This pair shared their journey through real estate investing, including how they acquired their properties by using Other-People's-Money. They also shared the benefit of growing your connections, building trust with your investors, and how they managed their finances while scaling up. Tune in to Karan & Kunal's inspiring real estate investing career in Canada! This episode has been brought to you in part by:Elevation Realty          - http://www.elevationrealty.ca/Legal Second Suites   - https://legalsecondsuites.com/BM Select                    - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/
Federal Budget Insights – Tax & Accounting with Travis Redding10 May 202200:20:03
Guest: Travis Redding Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: Proposed tax implications for Canadian Real Estate InvestorsWhat this means:            - for Foreign Investors wanting to invest in Canada          - changes in tax credits          - what HST will apply to          - for Flipping, Assignments, New Builds, Secondary Suites, Multi-generational homes          - for Canadians investing in, and holding corporations, outside of Canada Programs the Government is putting into place to increase housing availability Get in touch with Travis Redding:Website:  www.djb.comEmail:  tredding@djb.comLinkedIn: https://www.linkedin.com/in/travis-redding-cpa-ca-40a36122/ This episode has been brought to you in part by REI Branded - https://reibranded.com/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Reflections on 5 Years of The REITE Club06 May 202200:18:00
Guests:  REITE Club Co-Founders:              Daniel St-Jean, Sarah Larbi, Laurel Simmons and Alfonso Salemi Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: How The REITE Club has grown from an idea to a large and growing community The REITE Club's top tip to grow your Business How to find the resources you need to be successfulThe inspiring stories behind each of our co-founders REI journey, what they've accomplished over the past five years - and how they're customizing their lives through REIThe most important skill you can develop  Get in touch with The REITE Club Co-Founders:Website: www.theREITEclub.comEmail: Grow@theREITEclub.com This episode has been brought to you in part by: BlackJack Contracting Inc. - https://blackjackcontractinginc.ca/ BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
What Borrowers Need to Know29 Apr 202200:52:41
Guest: Konstantin Kuligin, Mortgage Broker & Real Estate Investor Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: The true cost of borrowing money4 stages of Real estate investing4 types of LendersBuilding connection with BanksCriteria in Lending5 Simple ways to do Real-Estate Investing Get in touch with  Konstantin KuliginEmail: kk@konstantinkuligin.com Konstantin is a real estate investor located in western Canada. Originally from Russia, he moved to Canada to start his real estate career. Konstantin started out with nothing and quickly acquired 4 properties, which soon became 12. He got his mortgage license and started lending money right away. In this podcast episode, Konstantin discussed what it costs to borrow money, the four types of lenders, and the criteria for lending. He also discussed the various stages that real estate investors go through and simple ways to start real estate investing. Moreover, he shared the advantages of using 'cheap' money from banks and earning their trust to get a mortgage approved. He also shared how to become a private lender and grow from there. Tune in to learn from a very accomplished young investor. This episode has been brought to you in part byElevation Realty - http://www.elevationrealty.ca/ BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
The Advantages of Growing your Network22 Apr 202200:39:06
In this episode: How to acquire multifamily propertiesOPM - Other people's moneyCash flow opportunitiesProperty managementGrowing your connections through Social MediaChallenges in real estate investing Guests: Jennifer & Stephane Brouillette, Real Estate Investors In 2011 Jennifer & Stephane decided to explore and get into real estate investing. Jennifer worked with a realtor who is also an investor and got interested in real estate investing from then on. That same year they refinanced their home and purchased two more properties.  This amazing power couple discussed their humble beginnings in real estate investing and how they faced various challenges. One of their best properties is a flip that didn't go well. They pivoted and kept the property and are still enjoying it. They also shared the benefits of growing your network, maximizing OPM, and having good property management. Listen to the full episode to find out how you could do the same Get in touch with Jennifer & Stephane:Email:jennifer@lakecityrealty.ca This episode has been brought to you in part by Private Money 4 Mortgages     - https://privatemoney4mortgages.com/Black Jack Contracting              - https://blackjackcontractinginc.ca/BM Select                                  - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
Investing in Real Estate as a Couple and as a Team14 Apr 202200:44:09
In this episode, you will learn about On-market and Off-market StrategiesResult of Consistency and Compound effect on BusinessIdentifying your Roles, Goals, and TimelinesPower TeamsHiring a Property ManagerChallenges in the Scaling ProcessResources for REI & Investing in Coaching Programs Guest: Brandon and Carolina, Real Estate Investors Brandon & Carolina Jimenez started investing about two years ago. They flipped the house they were living in and moved onto investment properties. For Brandon & Carolina to generate income, they jumped into a coaching program and saw themselves take off from it. They Focus on the BRRRR strategy and also do flips. They're expecting their portfolio to yield about  $600,000 in rental revenues by the end of the year. In this episode,  Brandon and Carolina discussed how they make the most out of on-market and off-market strategies. they also shared the result of consistency and the compounded effects on their business. This power couple also shared their challenges in the scaling process, how they surpassed these challenges, and what actions they had to do to overcome these challenges. Tune in to learn about the resources they use to increase their knowledge in Real estate investing.Get in touch with Brandon & Carolina:Email: info@medaloproperties.comThis episode has been brought to you in part byElevation Realty - http://www.elevationrealty.ca/REI Branded       - https://reibranded.com/BM Select           - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
When Real Estate Investors Need To Make Tough Decisions08 Apr 202200:43:01
In this episode, you will learn about Benefits of due diligenceRe-deploying capitalWhere to spend money wisely for 3rd party verificationThe right power teamBOF -business owner firstWhen is the right time to let go of your service providerImportance of tracking your costs Guest: Claire Drage, Mortgage BrokerClaire Drage is a mortgage broker and the CEO of The Windrose Group, which specializes in working with real estate investors. She loves the idea of smart capital, which is one of the key factors to her success. The Windrose Group can help investors with everything ranging from 100% financing for BRRRRs, flips, and much more. Her team can also help investors looking for passive income through the power of private lending. In this podcast interview, Claire, Alfonso, and Sarah had a thorough discussion on some of the tough decisions that real estate investors have to make. Along with this discussion, Claire also focused on the utmost importance of thorough due diligence. What it can do to your business, and how it can help. Another information nugget was focused on how to spend money wisely for your 3rd party verification. And, how to pick the right power team as well as when is the right time to let go of your current service provider.Get in touch with Claire Drage:Email: hr@thewindrosegroup.caThis episode has been brought to you in part byBlack Jack Contracting  - https://blackjackcontractinginc.ca/BM Select  - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! www.buildingstack.com
How To Get Into The World of Private Lending01 Apr 202200:48:10
In this episode, you will learn about Interest rates for private mortgagesTerms for mortgagesHow to get private money for beginnersWhat investors should consider before availing of private moneyWhen is private money not a good ideaWhat lenders are looking forExit Strategy for Investors Guest: Susan Flanagan, Real Estate Investor Susan Flanagan is a seasoned investor. Along the way, she started to lend her own money to different people for mortgages which was a success. Susan got her broker's license and set up her brokerage. She used her private money for mortgages to specialize in private lending. In this podcast interview, Susan, Alfonso, and Sarah had an in-depth analysis of private lending/private money. Susan discussed the terms and interest rates for mortgages. She also tackled what investors should consider before pursuing private lenders for their investments, which gives insight to investors looking forward to investing in properties. Susan shared insights for beginners looking to borrow privately.  She also spoke about what lenders are looking for when reviewing applications, and the importance of exit strategies for investors. Tune in for tips from an industry leader in the world of private financing. Get in touch with Susan Flanagan:Email: office@privatemoney4mortgages.com This episode has been brought to you in part byPrivate Money 4 Mortgages      -  https://privatemoney4mortgages.com/Legal Second Suites                  -   https://legalsecondsuites.com/BM Select                                  -   https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/
Cash Flowing Opportunities in Calgary25 Mar 202200:39:30
In this episode, you will learn about ⠀ Cashflow in Calgary vs OntarioTenant laws in AlbertaRent Increases Basepoint rent pricesTips for out of province investorsInvesting strategies  Guest: Kim Goerz-Pasieka, Realtor and Real Estate Investor Kim is an investor-focused realtor at Phipps Real Estate Group in Calgary, and the majority of her clients are Investors. She started as a real estate investor when she was 20 years old without realizing she was doing it. In this Podcast interview, François, Sarah, and Kim discussed the cash flow opportunities, tenant laws, and possible rent Increases in Calgary. Kim also shared the investments strategies that she applied as an investor. She also gave great tips for out-of-province investors. Kim also shared her insights in buying single-family homes rather than multiplexes and the advantages of single-family-suited properties vs. multiplexes. In this episode, we also tackled the ideal basepoint rent prices for your rental properties in Calgary. Get in touch with Kim Goerz-Pasieka:Email: kimgprealestate@gmail.com This episode has been brought to you in part byPrivate Buyers      -   https://privatebuyers.ca/Elevation Realty   -   http://www.elevationrealty.ca/BM Select            -   https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/
Rental Riches: Smart Ways Canadians Can Cashflow in the US02 Aug 202400:09:36
Want to find out how Canadian real estate investors thriving in the US market? Discover how they're tapping into lucrative short-term rental opportunities and using creative solutions to maximize cash flow. Want to know more about these unexpected tactics that are reshaping the real estate game? Stay tuned for the insider scoop on how Canadian investors are making waves in the US market. In this episode, you will be able to: Master the US real estate market for Canadian investors will open up new opportunities and potential for growth in your investment portfolio. Adapt real estate investment strategies in the US will give you a competitive edge and maximize your returns in a dynamic market. Exploring short term vs. midterm rental opportunities can uncover lucrative income streams and diversify your real estate investment options. Implementing creative real estate investment solutions in 2023 can lead to innovative approaches and fresh perspectives for success in the ever-evolving market. Understanding the impact of interest rate increases on real estate investing is crucial for making informed decisions and safeguarding your investment ventures. Jacob Perez, a mortgage agent who has transitioned into real estate investing in the US, shares practical wisdom on adapting investment strategies to succeed in the US real estate market. His discussions cover topics ranging from prospering markets and short-term rental opportunities to creative solutions, offering a pragmatic approach for Canadian investors seeking to broaden their investment portfolio across the border. Michal Liviatan, representative of Lendai, a real estate lending platform, offers invaluable wisdom into the changing landscape of the real estate market post-Covid. With a keen focus on customer service and an understanding of the evolving market dynamics, Michal provides a comprehensive overview of the most popular markets among Canadian investors in the US.Her expertise sheds light on the shifting investment trends, highlighting the allure of specific regions such as Florida, Michigan, and Arizona for Canadian investors. Tune into the episode! You won't want to miss this eye-opening revelation: https://thereiteclub.com/en/podcasts Get in touch with Jacob Perez:  LinkedIn: https://www.linkedin.com/in/jacobperez10/ Website: http://www.synergymortgagegroup.com/ Get in touch with Michal Liviatan:  LinkedIn: https://www.linkedin.com/in/michalliviatan/ Website: https://www.lendai.us/
From 0 to 300 doors: How to get there18 Mar 202200:47:34
In this episode, you will learn about : Perks of multifamily buildingsHow to acquire multiple apartment buildingsSingle family vs multifamilyCritical steps you need to know in multifamilyHow to create successful joint venture partnershipsAdvantages of a good partnership Guest: James KnullJames is a realtor, leader at the Mogul Realty Group team, and one of Western Canada’s top producing agents. He has grown and expanded into multiple cities. James acquired almost 300 rental units in his portfolio and has architected several large joint ventures bringing partners together to acquire exceptional properties. During Junior High High School, he did not have aspirations in Real Estate. When James was graduating from college, His Dad Talked to him and discussed his next steps in life that led to James' buying a house and renting it to his friends. After he got his first success from it, he thought of duplicating it and purchasing another property on the block, which was another success, and that is where his love for Real Estate started.    Get in touch with James Knull:Email: james@mogulrg.com           cc: Jennifer Neilson This episode has been brought to you in part byLegal Second Suites     - https://legalsecondsuites.com/Black Jack Contracting - https://blackjackcontractinginc.ca/BM Select                     - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/
Infinite Banking – Becoming Your Own Banker11 Mar 202200:45:39
In this episode, you will learn about: What is the importance of Infinite BankingInsurance CompaniesAdvantages of Life InsuranceWhat are Policies/contracts and how it works4 characters in the Financial playHow much do you need to invest in policies Guest: Jayson LoweJayson Lowe is an active real estate investor from Timmins, Ontario. He moved to western Canada and had the opportunity to complete some international work assignments in the US. In April 2008, he came back to Canada from the US, and in July the same year, he was introduced to the process of becoming your own banker, the infinite banking concept. 14-years later and it led to the creation of Ascendant Financial. He also has a quarterly profit-sharing program that aims to help organizations in need where he works and lives. The Organization helped feed families through local food banks, took care of domestic violence care shelters, and helped out other Organizations such as the Mustard Seed Organization which provides food, clothing, Spiritual care to people who need it. Get in touch with Jayson:Email:  jayson.lowe@ascendantfinancial.caThis episode has been brought to you in part byElevation Realty -  http://www.elevationrealty.ca/Private Money 4 Mortgages - https://privatemoney4mortgages.com/BM Select -  https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/
Intellectual Currency – The Investor’s Secret04 Mar 202200:41:23
In this episode you will learn about: ⠀ How to acquire intellectual currencyWhom you should surround yourself with, in a multifamilyTips on MultifamilyCriteria to determine a DealExperiences in the vetting processAttributes needed for Success Guest: Alfonso Cuadra, Real Estate Investor & Mentor Alfonso came from a humble beginning. Being a refugee who rose from nothing to become a 20-year real estate investing veteran, he has proved that his accomplishments are the result of his hard work and determination. Alfonso has been passionate about teaching the youth and built his foundation called Cuadra Youth Foundation, where his daughter helps him run it. His daughter, as a result, created a real estate program for young people that aims to teach financial literacy to young people. He is the President/CEO of The Cuadra Group of Companies and has an extensive background in business and Real Estate Management, Investing, and Development. Alfonso is dedicated to showing others how to overcome their obstacles and become high performers. He has shared his story with thousands of audiences around the world. He is a dynamic leader that is passionate about sharing his story and inspiring others to create the life they want and to never give up on their dreams Get in touch with Alfonso :Website: www.AlfonsoCuadra.ComEmail: cuadra.a@gmail.com This episode has been brought to you in part byPrivate Buyers - https://privatebuyers.ca/Black Jack Contracting - https://blackjackcontractinginc.ca/BM Select - https://bmselect.ca/ The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/
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Podcast The REITE Club - Real Estate Investing for Canadians by Daniel St. Jean, Laurel Simmons, Sarah Larbi and Alfonso Salemi Episodes | My Podcast Data