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Implementing The Value-Add Multi-Family Strategy

by | Oct 2, 2020 | , , ,

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Getting to the next level in real estate investing can be tough, however, getting the right advice and partnering with the right people can get you there. Take it from this week’s guest, Mark Gonneau, Real Estate Investor, this approach has gotten him to where he is today.

Guest: Mark Gonneau, Real Estate Investor

Getting to the next level in real estate investing can be tough, however, getting the right advice and partnering with the right people can get you there. Take it from this week’s guest, Mark Gonneau, Real Estate Investor, this approach has gotten him to where he is today.

Primarily focusing on 10-20 unit apartment buildings and having over 100 properties, Mark provides unique insights and advice on the value-add multi-family strategy. His main message is that mindset is the key to success and partnering with someone who has done it before.

Mark Gonneau started investing in real estate at the early age of 18 years old. His primary focus is on the Multi-Family Value-Add strategy or, in other words, the BRRRR at the next level. Fast forward to today, he currently owns over 100+ properties.
Also known as The Arm Chair Investor, Mark enjoys helping others by mentoring and coaching on how to create Inter-Generational Wealth Through Real Estate and Passive Real Estate Investing For Active Professionals – all from the comfort of your chair.

In this episode you will learn about:
– Insights on market rents
– How are you getting deals financed?
– Getting tenants to choose to leave
– Tips on finding deals and choosing the right building
– Examples of deals to avoid
– Tips on finding a good property manager

Mark Gonneau started investing in real estate at the early age of 18 years old. His primary focus is on the Multi-Family Value-Add strategy or, in other words, the BRRRR at the next level. Fast forward to today, he currently owns over 100+ properties.

Also known as The Arm Chair Investor, Mark enjoys helping others by mentoring and coaching on how to create Inter-Generational Wealth Through Real Estate and Passive Real Estate Investing For Active Professionals – all from the comfort of your chair.

Get in touch with Mark: 
Instagram: https://www.instagram.com/thearmchairinvestor/
Email: mark.gonneau@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 White Elm Design-Build – 
https://www.whiteelmdesignbuild.com/

Susan Corcoran & Sue Ore of Complete Properties Inc – 
https://www.completepropertiesinc.com/

Family Secrets To Designing The Perfect Life

by | Sep 25, 2020 | , , ,

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Getting into real estate investing can be tough as the real estate cycle is cyclical and there are all sorts of strategies to choose from. As a result, it can be hard to pinpoint where to start. Especially if you include the added pressures of having a young family.

Guest: Alex & Kaely Pal, Real Estate Investors 

Getting into real estate investing can be tough as the real estate cycle is cyclical and there are all sorts of strategies to choose from. As a result, it can be hard to pinpoint where to start. Especially if you include the added pressures of having a young family.

This week’s guests, Alex & Kaely Pal, Real Estate Investors have proven that it is possible to be successful when you narrow down your focus, have the right mindset while still having a young child to worry about.     

Alex & Kaely point out that things happen and the beauty of real estate is that mistakes will often correct themselves eventually. They will also go through some renovation tips and tricks and how they managed to find some home run deals. Their main message is that doing the hard work now will set your family up for massive success later down the road and have fun while you are doing it.

Alex & Kaely Pal are the owners of Pal Property Solutions, a real estate solutions company located in Hamilton, Ontario. They specialize in solving complex real estate matters for home buyers, sellers, and investors.

In addition, their company buys and redevelops single or multi-family properties throughout Southern Ontario with a goal of rejuvenating neighbourhoods, providing safe, reliable housing, and encouraging homeownership.

Their goal of business is to fund the perfect life, and that life is one by design, not by default. Alex and Kaely primarily focus on the BRRRR model and flip projects. Currently, they have acquired an 8 plex in Hamilton and a mixed-use property where they will be severing their first lot. 

From business partners to Husband and Wife team, Alex and Kaely have got all of the bases covered. Both being Hamilton locals, they have a deep-rooted love and admiration for being part of their generation’s renaissance and contributing towards the growth of towns all across Southern Ontario. They both have a sincere passion for real estate investing and an even greater desire to help other people feel what financial freedom can do for them.

In this episode you will learn about: 
– The process for severing a lot
– Getting starting in real estate investing and advice for new investors
– Structuring deals 
– Tips for finding home run deals 
– Thoughts on mindset and perception 
– Renovation tips and tricks 

Get in touch with Alex & Kaely:
Website: https://palpropertysolutions.com/
Instagram: https://www.instagram.com/pal_property_solutions/
Facebook:https://www.facebook.com/PalPropertySolutions

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

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

Choosing The Property Guys Way

by | Sep 18, 2020 | , , ,

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There are a lot of decisions that need to be made when deciding to sell your home whether it is an investment property or not. The typical route would be to go through a real estate agent. But what if there was an alternative?

Guest: Walter Melanson, Director of Partnerships, PropertyGuys.com

There are a lot of decisions that need to be made when deciding to sell your home whether it is an investment property or not. The typical route would be to go through a real estate agent. But what if there was an alternative?

This week’s guest, Walter Melanson, Director of Partnerships, PropertyGuys.com wanted to level the playing field and came up with a unique way for people to sell their homes without having to use a real estate agent. His message is to try to be unique and come up with something that others haven’t.   

As the Lead Market Analyst and Director of Partnerships with PropertyGuys.com, Walter Melanson uses his disruptive voice to challenge old ideas. He is excited by consumer-driven change and believes that real estate is ripe for absolute transformation. 

Walter’s commentary style often reflects his groups’ thesis that the industry as a whole is headed towards a real inflection point thanks to advances in technology and a changing consumer attitude towards industries that no longer effectively serve their modern wants and needs. With this customer-centric lens, Walter champions the needs of buyers and sellers which are at the heart of everything at PropertyGuys.com.  With a background in franchising, internet marketing, finance and real estate, he brings a fresh perspective to his role that aligns perfectly with PropertyGuys.com’s mission of becoming “everything real estate.”

In this episode you will learn about: 
– Background on PropertyGuys.Com
– Supports available for the seller 
– Places where the properties are listed
– Pricing strategy and time limits 
– Different options/packages available
– How is the sale happening?

Get in touch with Walter:
Website: https://propertyguys.com/
Instagram: https://www.instagram.com/propertyguys.com_official/
Facebook:https://www.facebook.com/propertyguys
Twitter:https://twitter.com/propertyguys

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

Jon Tenbrinke of Black Jack Contracting – https://blackjackcontractinginc.ca/

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

Sarah’s Insights On The Cottage Rental Market

by | Sep 11, 2020 | , , ,

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The cottage rental market is very lucrative and will remain so in most market cycles. Many investors are looking for properties to rent out short term for greater cashflow and to avoid the landlord and tenant rules around long term rentals. These properties are great for the BRRRR strategy, Buy and Hold or flipping dependent on market cycles.

Guest Interviewer: Michelle Spencer, Real Estate Investor

The cottage rental market is very lucrative and will remain so in most market cycles. Many investors are looking for properties to rent out short term for greater cashflow and to avoid the landlord and tenant rules around long term rentals. These properties are great for the BRRRR strategy, Buy and Hold or flipping dependent on market cycles.

Sarah’s favourite property is her cottage in Lakefield that she BRRRR’d. That property is a 4 season waterfront property that rents for about $550 a night high season. Sarah also spends and enjoys it for herself and her family in between the renters. She has been able to enjoy her lakefront cottage while allowing renters to cover all costs.

On this special episode, Sarah gets interviewed by Michelle Spencer, Real Estate Investor who after this recording went out and bought a  beautiful cottage of her own.

Sarah will be sharing her story on how she got into the cottage rental market in the Kawarthas. She will also be providing insights and advice for others on what to look for when buying a cottage and how Airbnb works.

In this episode you will learn about:
– How to find realtors for recreational and cottage rentals
– Cottage financing and tax insights 
– Pros & Cons of using Airbnb vs any other short term rental website  
– Tips on making your property more desirable
– How to become a Superhost on Airbnb 

About the interviewer: Michelle Spencer bought her first investment property in 2012 and fast forward to today owns 8 properties plus her newly acquired cottage.

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/

Investing Insights and Advice For Women Landlords

by | Sep 4, 2020 | , , ,

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Investing in real estate can have its ups and downs and be even more challenging as a woman investor. In fact, there are so few women investors that this week’s guest, Natasha Feghali noticed that there was a niche market and decided to start a women’s landlord group in Windsor, Ontario. Her message is that more women need to stand on their own two feet, invest in real estate to earn their own money on their terms and passive income is everything, it is a game-changer.

Guest: Natasha Feghali, Real Estate Investor

Investing in real estate can have its ups and downs and be even more challenging as a woman investor. In fact, there are so few women investors that this week’s guest, Natasha Feghali noticed that there was a niche market and decided to start a women’s landlord group in Windsor, Ontario. Her message is that more women need to stand on their own two feet, invest in real estate to earn their own money on their terms and passive income is everything, it is a game-changer.

Natasha E. Feghali is one of the recipients of the 40 Under 40 United Way/ Leadership Windsor-Essex Award 2018 as well as numerous awards and recognitions; most notably the Sovereign Canadian Medal in 2015 for her dedication to education and the future of entrepreneurship and youth. Most recently she has received the Odyssey Award from the University of Windsor and has been published in a book on Women and Leadership in Ontario by the Elementary Teachers Federation. 

As the owner of Feghali Group Inc (FGI), an independently owned and operated rental homes, rental storage units and holding group, Natasha has helped build a strong portfolio of homes in the Windsor-Essex County Region and works with local and international investors as well. FGI pride themselves on giving the best quality care and expertise when it comes to rental homes as well as the community at large and delivering great service for clients and tenants. They currently have 10 suites and 3 storage spaces and are moving into commercial deals and the US market during 2020.

FGI is also committed to donating a portion of revenue to charity and has in the past donated to Build A Dream for the 2018 and 2019 Dreamer Day. FGI is also working with partners at RBC Bank, CIBC Bank and NK Real Estate Team as well as investors in order to continue to scale their growth in the real estate investment field and in the community. 

In this episode you will learn about: 
– How to lower your renovation costs
– Benefits to having detached garages 
– Why more women should invest in real estate 
– Windsor market fundamentals  

Get in touch with Natasha:
Website: https://www.natashaefeghali.com/
Instagram: https://www.instagram.com/nefeghali/

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

Jon Tenbrinke of Black Jack Contracting – https://blackjackcontractinginc.ca/

Importance of Understanding Private Equity and Raising Capital

by | Aug 28, 2020 | , , ,

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Private equity, raising capital and smart home integration are all terms that investors need to understand and learn if they want to scale up. This week’s guest, Marcin Drozdz, Real Estate Investor & Entrepreneur, provides insights into this and why smart-home integration is necessary for landlords to protect their assets and their families.  He will also share how he has been able to raise over $100MM in capital and why knowledge, experience, your network and integrity are crucial for success.

Guest: Marcin Drozdz, Real Estate Investor & Entrepreneur 

Private equity, raising capital and smart home integration are all terms that investors need to understand and learn if they want to scale up. This week’s guest, Marcin Drozdz, Real Estate Investor & Entrepreneur, provides insights into this and why smart-home integration is necessary for landlords to protect their assets and their families.  He will also share how he has been able to raise over $100MM in capital and why knowledge, experience, your network and integrity are crucial for success.

Marcin Drozdz is a serial entrepreneur and got started in real estate investing in 2006/2007 by buying duplexes in London, Thorold and Welland. He has since moved on and has spoken to thousands of entrepreneurs, business owners, investors and those just starting to explore living life on their own terms.

He has helped secure over $100MM combined in growth capital for growing companies and has been instrumental in building real estate investment partnerships, a consulting practice and a smart home security business serving customers nationwide.

Marcin has written two books: Capitalize: The Million Dollar Blueprint To Start & Scale Your Business and Recurring Monthly Revenue: Create Monthly Flow In The Subscription Economy.

In this episode you will learn about: 
– What is private equity?
– Raising capital tips and advice and rules for Canadians
– Why smart-home integration is great for landlords
– Defining a term sheet

Get in touch with Marcin:
Website: www.marcindrozdz.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/

Thinking Outside Of The Box In Multi-Family Investing

by | Aug 21, 2020 | , , ,

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Investing in the multifamily strategy can have its ups and downs and it is very much a relationship-driven strategy. You need to have locals on your side such as a real estate agent, a property manager and even an inspector who can point you in the right direction to off-market deals. This week’s guest, Zeshan Choudhry, Real Estate Investor, provides tips and advice on how to wisely invest in multi-family units. He will also share how he scaled from single-family units to multi-family units with a total of 40 units in only a few short years. The biggest takeaway is to think outside of the box in order to increase rents.

Guest: Zeshan Choudhry, Real Estate Investor

Investing in the multifamily strategy can have its ups and downs and it is very much a relationship-driven strategy. You need to have locals on your side such as a real estate agent, a property manager and even an inspector who can point you in the right direction to off-market deals. This week’s guest, Zeshan Choudhry, Real Estate Investor, provides tips and advice on how to wisely invest in multi-family units. He will also share how he scaled from single-family units to multi-family units with a total of 40 units in only a few short years. The biggest takeaway is to think outside of the box in order to increase rents.

Zeshan Choudhry is originally from Toronto, Ontario and has been actively investing in Windsor, Ontario since 2016. He moved to Windsor to be closer to his properties and he went from single-family rentals to gradually transition to investing in multi-family properties of 6-12 units +. Fast forward to today, he now has a total of 40 units in just a few short years. Zeshan self-manages his units and also manages some other portfolios as well. 

The main reason that Zeshan decided to turn to the multi-family strategy is that the properties are valued as a business rather than on comps. Also, occupancy is a big advantage where the more units you have, the better. 

Zeshan has experience in the US with fix/flips and buy and holds. He is also an investor in an apartment syndication in Houston, TX. 

In this episode you will learn about: 
– Biggest differences in the multi-family strategy 
– Tips on how to find and get properties under contract
– Advice on processes and procedures to have in place
– How long does it take to fill a vacancy in Windsor?
– Why invest in Windsor?
– Things to look for in tenant screening 
– Other tips and advice for multi-family investing

Get in touch with Zeshan:
Instagram:  https://www.instagram.com/zeshanchoudhry/

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

Jon Tenbrinke of Black Jack Contracting – https://blackjackcontractinginc.ca/

Susan Corcoran & Sue Ore of Complete Properties Inc – https://www.completepropertiesinc.com/

I’ve Just Retired – 30 Years Early!

by | Aug 14, 2020 | , , ,

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Can you imagine retiring from your job 30 years before ‘everyone’ says you are meant to?

That is what Sarah Larbi has managed to do and in this episode, she discusses with one of her key power team members what is needed to make it happen and how you can make it happen for you.

Guest: Dalia Barsoum, Real Estate Investor & Mortgage Broker 

Can you imagine retiring from your job 30 years before ‘everyone’ says you are meant to?

That is what Sarah Larbi has managed to do and in this episode, she discusses with one of her key power team members what is needed to make it happen and how you can make it happen for you. 

Financing is very important in order to scale up your portfolio and having the right mortgage broker on your team who can guide you in the right direction. This week’s guest, Dalia Barsoum, Real Estate Investor & Mortgage Broker, provides insights and advice on financing in order to scale up. The biggest takeaway is that your mortgage broker will help you understand your financial goals and build a financing plan to get you to where you want to go.

Dalia Barsoum is an award-winning Mortgage Broker, Real Estate investor and financial advisor with over 20 years of experience in the banking sector, spanning: Wealth Management, Lending, Strategy and Real Estate. She holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of Canadian Bankers Association.

She heads up the Real Estate Investment Financing & Wealth Advisory practice within Streetwise Mortgages. Dalia has helped many Real Estate investors kick start their investment plans as well as take their portfolios to the next level. Her clients range from rookie investors to sophisticated investors with multi-million-dollar portfolios.

She is a public speaker, a regular columnist for Canadian Real Estate Wealth Magazine and contributes to various media outlets on the topics of Real Estate investing and financing including Rogers TV, Toronto Money Show, the Toronto Investor Forum, Canadian Mortgage Professionals (CMP) as well as various GTA-based investment groups.
Dalia is the author of Canada’s best selling Real Estate Financing Book and an Amazon Best Seller: “Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want”. She has been nominated/won multiple industry awards including:

  • Top 75 Brokers, 2017 ( Canadian Mortgage Professionals )
  • Top Mortgage Broker Award, 2017 and 2015 ( Canadian Real Estate Wealth Magazine)
  • Women of Influence, 2017 ( Canadian Mortgage Professionals)
  • Top 100 women driving and reshaping the Canadian Real Estate Industry, 2016 ( Real Estate Professional Magazine)
    > #1 Mortgage Broker by units volume, 2016 ( Centum Financial Group)
    > Top Mortgage Broker Award Finalist, 2016 ( Canadian Real Estate Wealth Magazine)
    > Top Mortgage production award, 2013, 2014, 2015 and 2016 (Centum Financial Group)

In this episode you will learn about: 
– Understanding your goals & how to break it down to get what you want
– What is the “growth phase”?
– How to burn down mortgages 
– Understanding advanceable mortgages
– Defining a “nest egg” & accelerator portfolios 
– How does a mortgage broker help narrow down the best strategy to use?
– How does somebody go from 1-2 to 14 doors?

Get in touch with Dalia:
Email: info@streetwisemortgages.com
Contact Form: streetwisemortgages.com 

Thank You to Our Sponsors

“Where Should I Invest” is brought to you in part through the sponsorship and support of the following;

Dalia Barsoum of Streetwise Mortgages – click here for more details

Jon TenBrinke of Black Jack Contracting Inc – click here for more details

Dylan Suitor of Elevation Realty – click here for more details

White Elm Design Build Inc – click here for more details

Complete Properties – click here for more details

How To Be Successful In Land Development

by | Aug 7, 2020 | , , ,

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Investing in land development can have its pros and cons and it is very much a team sport. People may even have limiting beliefs that you have to start small in real estate all the time. However, this week’s guest, Jaime Sanchez, Real Estate Investor, provides insights and advice on how to scale from the duplexes to 60-unit apartment buildings. The biggest takeaway is that knowledge and relationships are key for successful land development deals.

Guest: Jaime Sanchez, Real Estate Investor

Jaime Sanchez is a real estate entrepreneur. He has done over $1 Billion in real estate development throughout Los Angeles, California over the last 10 years. He also has extensive real estate finance experience having worked both in corporate real estate finance and in real estate private equity.

Most recently, Jaime is an equity member on the Angels Landing Development project, a $1.28 Billion mixed-use, high-rise in Downtown LA. Jaime led the development team’s efforts in the submission of the RFQ phases with the City of Los Angeles and is now leading the environmental impact report (EIR) phase of the project. 

Jaime has built several successful real estate ventures including a real estate development company focused on mixed-use projects in the Log Angeles region and a real estate acquisitions company focused on purchasing multifamily assets in Texas. 

Jaime earned his MBA from the UCLA Anderson School of Management and holds a BS in Civil Engineering and Construction Management from Cal Poly – San Luis Obispo.

In this episode you will learn about:
– How the shares are split between the partnerships
– Key tips to get into real estate development 
– Size of the projects
– What are the exit strategies and is there cash flow
– What to look for in land or a property
– Defining “Mixed Use” and what the ideal mix is

Get in touch with Jaime:
Instagram: https://www.instagram.com/thejaimeosanchez/
LinkedIn: https://www.linkedin.com/in/jaimeosanchez/

“Where Should I Invest” is brought to you in part through the sponsorship and support of the following;

Dalia Barsoum of Streetwise Mortgages – click here for more details

Jon TenBrinke of Black Jack Contracting Inc – click here for more details

Dylan Suitor of Elevation Realty – click here for more details

White Elm Design Build Inc – click here for more details

Complete Properties – click here for more details

Hans Struzyna with Sarah Larbi

by | Aug 2, 2020 | , ,

Recently I was a guest on the Another Way to Play podcast with Hans Struzyna

Here is what Hans says about the show  – I believe that if you trade hours for dollars, you’ll never achieve true freedom in your life. That’s a nice thought but how is someone supposed to do anything with it? Well, that’s exactly what I talk to my guests about. Through their journeys, we offer practical advice and inspiration to you about how to make critical decisions, build relationships and learn the skills that will set you on your path towards freedom.

Listen to the full episode here https://hansstruzyna.com/sarah-larbi/

The Darker Side of Flipping From The Frugal Investor

by | Jul 31, 2020 | , , ,

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Jon Schoeller is a serial entrepreneur and is currently living in Charleston, West Virginia. He is the sole owner of Jon Schoeller Consulting, where his mission is to help both businesses and individuals with strategy and money management. He is also a partner at an investment firm where they have flipped 110 properties in the last 3 years. 

Guest: Jon Schoeller, Real Estate Investor

Jon Schoeller is a serial entrepreneur and is currently living in Charleston, West Virginia. He is the sole owner of Jon Schoeller Consulting, where his mission is to help both businesses and individuals with strategy and money management. He is also a partner at an investment firm where they have flipped 110 properties in the last 3 years. 

Known as The Frugal Investor, Jon has been in business for himself since the tender age of 20 years old and over the last 12 years, he has developed his business and financial skills through both success and failure. He became financially free in his late 20s and has been debt-free for over 10 years. Jon’s passion is to teach others how to do the same. 

Jon also owns a Crossfit Gym in Charleston where he lives with his wife and a foster daughter, a Jack Russell named Beamer. There are always a few foster animals running around as well. 

In this episode you will learn about:
– West Virginia market fundamentals- Vacancy rates, Taxes and general differences
– Tenant management
– Cash for Keys
– Risks for new and experienced investors

Get in touch with Jon:
Instagram:https://www.instagram.com/thefrugalinvestor/ &  https://www.instagram.com/shotsbyschoeller/
Youtube: https://www.youtube.com/results?search_query=Jon+Schoeller

“Where Should I Invest” is brought to you in part through the sponsorship and support of the following;

Dalia Barsoum of Streetwise Mortgages – click here for more details

Jon TenBrinke of Black Jack Contracting Inc – click here for more details

Dylan Suitor of Elevation Realty – click here for more details

White Elm Design Build Inc – click here for more details

Complete Properties – click here for more details