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Guest:David Pitschner, Market Director & Real Estate Investor

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is David Pitschner – Real Estate Investor

Dave started investing passively as a money partner in various properties. Eventually, he started being a more active investor. He started buying in Brantford for cash flow and the various profit centers that being an owner offers. His wife wanted to buy places they would live in but eventually, as a couple, they came to terms with the fact that REI is a business. You have to buy properties that will achieve what the investor wants. David saw massive appreciation in a market that most had overlooked at the time. What is the ROI is David’s first question and what is the percentage return. His golden rule is cash flow and does it make business sense? David also shared how to get infinite returns. Tune in for an exciting interview!

In this episode, you will learn about:

• How to buy multiple properties
• Having the right mindset when acquiring properties
• The importance of systems
• Buying for cash flow, not just appreciation
• Surviving down cycles
• There’s never a bad time to buy, just bad deals

Get in touch with David:
Linked: https://www.linkedin.com/in/david-pitschner-6630a88/
Email: dpitschner@hotmail.com

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Dylan Suitor of https://www.elevationrealty.ca/

Susan Corcoran & Sue Ore of https://www.completepropertiesinc.com/

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Guest: Joe Costanza, Real Estate Investor

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Joe Costanza – Real Estate Investor

Joe started investing almost 3 years ago. His focus was on the Hamilton area doing BRRRR projects. He’s more recently shifted to Sudbury. Most of his investment happened during the pandemic and he’s seen amazing appreciation. It really helped him scale and grow but as we discussed, we always have to plan for the worst if a downturn was to happen. Joe is hedging his investments by focusing on high cash flow. He’s self-managing to increase cash flow to protect his properties. There are still opportunities in hot markets such as Hamilton. Joe now has partners to help him invest and grow into the multifamily properties. Joe works with family members and he’s been quite successful at doing so. 

In this episode, you will learn about: 

• How to not over-leverage
• Rising interest rates
• The importance of cashflow
• DCR ratios (Debt coverage ratios)
• Rent vs. purchase price and its importance
• The power of multifamily investments
• How to manage expectations with JV partners

Get in touch with Joe:
Instagram: https://www.instagram.com/josephcostanza/

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Jon Tenbrinke of https://blackjackcontractinginc.ca/

Meghan Chomut CFP – www.meghanchomut.com/sarah

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Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is David Giustizia – Mortgage Broker & Real Estate Investor

David is an entrepreneur at heart! He used to have a bookkeeping business, did financial planning and he’s now a mortgage broker. He started investing in real estate in 2013 in Oakville by buying a small condo. His strategy has now grown to include larger multi-family properties for cash flow. He’s more and more the active partner working with investors that bring in the funds and or credit. David shared how investors can use blanket mortgages to keep scaling their portfolios. Financing is a major pain point for most investors and this strategy can greatly help investors get out of the traditional residential financing.

In this episode, you will learn about: 

• The importance of bookkeeping for REI
• Growing a mortgage team
• Commercial loans
• The wholistic context
• Planning and taxation
• Borrowing capacity
• Blanket mortgages or portfolio mortgages

Get in touch with David:
Website: https://www.mortgagealliance.com/en/DavidGiustizia
Facebook: https://www.facebook.com/TheDanychukTeam/
Email: david@thedanychukteam.com

This episode has been brought to you in part by;
Dylan Suitor of Elevation Realty
Jon Tenbrinke of Blackjack Contracting Inc.
Susan Corcoran & Sue Ore of Complete Properties Inc.

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Guest:Sahil Jaggi @minkrealestate, Real Estate Investor

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Sahil Jaggi – Real Estate Investor & Realtor

Sahil Jaggi started investing in 2010. He’s the founder and principal broker of Mink Real Estate an investment-focused real estate firm. His real estate investment career started with a bungalow and house hacking. Sahil was living in the basement. He had 80k to invest which was barely enough. He now owns 17 properties worth over 23 million dollars.  Sahil walks us through his numbers on how to create cash-flowing properties in Toronto. He detailed what’s the minimum investment required to turn a bungalow into an amazing investment property. His main goal is to build equity with some cash flow. When buying such properties, he always looks for the upside. Tune in to learn how Toronto and the GTA as well as any hot market can still work for investors if done properly. 

In this episode, you will learn about: 

• House hacking to get started
• Separate entrances and large lots
• Adding secondary suites
• 80% financing
• Joint Ventures
• How to identify gentrifying areas
• Purchasing detached homes in a hot market

Get in touch with Sahil:
Website: https://minkrealestate.ca/ 
Instagram: https://www.instagram.com/minkrealestate/
Email:minkrealty@gmail.com

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Joel Wilson & Rob Lee of https://www.whiteelmdesignbuild.com/

Meghan Chomut CFP – www.meghanchomut.com/sarah

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Guest: Doug Meyers, Real Estate Investor

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Doug Meyers – Real Estate Investor

In this episode, you’ll learn how Doug who is a former mining engineer used real estate investing to provide the income needed to leave his full-time employment. This gave him the opportunity to pursue other passions and business interests with his full attention. He has a portfolio of condos, duplexes, and triplexes across Western Canada, and is a partner in an active flipping business in Saskatchewan.

Doug is an award-winning investor and is also the host of RevNYou’s very own RevNYou with Real Estate Podcast where he interviews real estate investors from all walks of life. He is also the host of The Grow Give Expand Podcast, where he speaks with entrepreneurs and business owners, uncovering the personal practices and systems that help them live successful, meaningful lives. We discussed how to create the life you want with a mix of long-term wealth growth and quick cash.

In this episode, you will learn about:

• The importance of good role models
• Using registered funds to create win-win opportunities
• Over 9 years of experience as an investor
• Long-distance investing
• Creative financing
• BRRRR techniques
• Flips for quick cash

Get in touch with Doug:
Website: https://www.revnyou.com/
Instagram: https://www.instagram.com/revnyoucanada/
Facebook: https://www.facebook.com/dougmeyersREI/
Email:doug@gbeventures.ca

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Susan Corcoran & Sue Ore of https://www.completepropertiesinc.com/

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Guest:Jacqueline Bang, Real Estate Investor

Listen to the full episode at https://bit.ly/WSIILatest

Jacqueline Bang began investing in late winter 2021. This was at the height of the pandemic which means that she needed some solid exit strategies. Student rentals were highly affected during the pandemic due to online learning and other factors. Many people delayed their closing, she didn’t!

Jacqueline focuses on student housing in Windsor, Ontario. She saw an opportunity to get into a different asset class by offering high-end student rentals that few others were offering in the area. She offered shorter-term stays and was accomodating with her tenants during a very uncertain time.

Jacqueline jumped into every available resource and did a ton of networking and attended webinars, binge listened to podcasts, and surrounded herself with other like-minded people.

In this episode, you will learn about:

• Luxury student rentals
• How to succeed during the pandemic
• Scaling quickly thanks to having more capital
• Time is your greatest asset in REI
• How to overcome a lack of experience
• Applying various investment models to the same property

Get in touch with Jacqueline:
Instagram: @bangbangtravels

This episode has been brought to you in part by;
Jon Tenbrinke of Black Jack Contracting Inc.

Meghan Chomut CFP – www.meghanchomut.com/sarah

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Guest:Georges El Masri @welloffx, Realtor & Real Estate Investor

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Georges El Masri – Realtor & Real Estate Investor

Georges started in 2017 after going to university, getting a job, and then getting fired. He then got his license as a realtor with the intention of becoming a real estate investor. His wife also owned a condo that she rented out and eventually sold to acquire a fourplex. He’s scaled from 1 to 17 properties in just under 4 years. His biggest leap happened when he got a coach to help him scale. Georges is now spending a lot more time managing his portfolio while selling less real estate. His net worth has grown substantially and he will eventually reap the rewards of all his sacrifices. It’s not an overnight process. Stabilizing the portfolio and smart growth are essentials for the future. Georges shared some challenges such as bedbugs and how to deal with lies. Make sure to save a final walkthrough!

In this episode, you will learn about: In this episode, you will learn about: 

• The importance of hiring a coach to grow
• The BRRRR strategy is how it all began
• When is the time to sell rental properties
• How to redeploy your capital for growth
• Refinancing tips and tricks
• How the DCR (Debt coverage ratios) work

Get in touch with Georges:
Website:https://www.welloff.ca/
Instagram: https://www.instagram.com/welloffx/
Facebook: https://www.facebook.com/georges.elmasri
Email:info@welloff.ca 

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Joel Wilson & Rob Lee of White Elm Design Build – https://www.whiteelmdesignbuild.com/

Susan Corcoran & Sue Ore of Complete Properties Inc.

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Guest: Paula MacFarlane & Jake Tayler @tartandevelopments, Real Estate Investors & Developers

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guests are Paula MacFarlane & Jake Tayler – Real Estate Investors & Developers.

Paula and Jake were both paramedics and they wanted out! Paula quit her full-time job in 2019 and Jake more recently in 2021. They were able to replace their incomes with the active income earned by flips, land severance, and new build projects. They focus on the London, Strathroy, and Stratford, Ontario markets. They’ve often found that simply severing a lot is sometimes better than building a new house. Their biggest tips are to hire a planner, a project manager and choose the best of trades! Also, if you’re hoping to invest in land and flips, you will need relationship-based financing to acquire development projects. You need private funds and plan accordingly. Lending institutions do not lend on this type of project at the beginning. Raising capital and creative financing is a must! There are huge opportunities to create your own deal rather than getting into bidding wars and doing the same as everyone else. Their new focus is on doing fewer projects that are more profitable. They’re focusing on the best ROI for their time!

In this episode, you will learn about: 

• Land severance basics
• Fees and timeline for land severance
• Development strategies
• How to plan to quit your job
• Having the right team in place
• Active vs. passive income
• How to finance land and development deals

Get in touch with Paula & Jake:
Website:https://www.tartandevelopments.com/
Instagram:https://www.instagram.com/tartan_developments/
Facebook:https://www.facebook.com/tartandevelopments/
Email:info@tartandevelopments.com

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/

Susan Corcoran & Sue Ore of Complete Properties Inc.

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Guest: This week’s podcast guest is Jude Kamal – Interior Designer & Real Estate Investor.

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Jude Kamal – Interior Designer & Real Estate Investor.

Jude has been working on heritage homes for a few years. She discusses the pros and cons of buying an older home with unique features and owning a piece of local history. Jude shared some resources you can use to evaluate the potential of a heritage home as a principal residence or a flip. Determining heritage designation or upcoming designation is very important before buying an older property. Things such as windows, staircases, flooring and so much more could become part of the designation. The most common is the roof, The interior elements are rarely covered but could be. You can restore the heritage elements but they need to look the same. The best use for investors is a high-end flip as there is a very big premium price tag that goes with renovated heritage homes.

In this episode, you will learn about: 

• Working with heritage designated properties
• How preconstruction got Jude started in REI
• Ups and downs of older homes – pre 1920s
• Typical issues of heritage properties
• Investment opportunities, grants & rebates
• The renovation process
• The various approval permits

Get in touch with Jude Kamal:
Website:https://www.sansainteriors.com/
Instagram:https://www.instagram.com/judekamal

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/

Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/

Meghan Chomut CFP – www.meghanchomut.com/sarah

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Guest: This week’s podcast guest is James Svetec – Real Estate Investor & Airbnb expert.

Listen to the full episode at https://bit.ly/WSIILatest

James’ career began by managing other people’s Airbnb. He eventually set up his own short-term rentals by working with investor partners. The trend twoards more local travel has greatly influence how he now sets up his suites. The properties need to be near outdoor attractions and staycations. International guests have shown a preference towards medium term rentals. Airbnb is all about huge cashflow & control over your properties. You don’t need to deal with bad tenants and you’ve got tons of eyes on your property. The cleaners and all other outsourced service providers are constantly checking on the premises. The BNB Mastery program that James has designed will help you set up the systems and strategies to ensure long-term success. The key to a good Airbnb experience is to make everything as smooth as possible for the user.

In this episode, you will learn about: 

• Author of Airbnb for Dummies
• Started by managing for others
• How to work with investors
• Using long-term rental rates as your baseline price
• BNB Mastery Program
• The importance of systems and procedures
• Amazon home decor accessories

Get in touch with James:https://bnbmastery.com/our-story/
Instagram: @jamessvetec
Facebook: https://www.facebook.com/james.svetec

This episode has been brought to you in part by;
Joel Wilson & Rob Lee of White Elm Design Build – https://www.whiteelmdesignbuild.com/

Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/

Susan Corcoran & Sue Ore of Complete Properties Inc.