The Canadian real estate market has long been recognized as a lucrative investment avenue, attracting diverse investors seeking to capitalize on its potential. However, navigating the complexities of real estate investment can be challenging, especially when securing the necessary financing for property acquisition and development.

In this week’s episode, we will delve into the insights shared by Matt Pickering, a renowned mortgage and real estate investment expert, on how National Bank’s financing solutions can benefit Canadian real estate investors.

In this episode, you will learn about:

Matt is an accomplished economics graduate from the University of Guelph and a Mortgage Specialist at National Bank. Boasting a solid background in the banking industry, particularly in mortgages, his experience has demonstrated his exceptional capabilities. Before joining National Bank, he honed his skills and acquired essential knowledge during his ten-year banking sector tenure

His extensive involvement in the field equips him with a deep understanding of diverse income levels and applications, rendering him an invaluable asset to investors seeking stability in an unpredictable market. Additionally, his involvement as a real estate investor enables him to connect with his clients and give them a comprehensive perspective.

Key Moments in this Episode:

00:00:00 – Introduction,
00:00:28 – Matt’s Background and Role,
00:01:58 – Real Estate Investors vs Regular Homeowners,
00:05:18 – Working with the Bank Directly vs Mortgage Broker,
00:08:09 – National Bank’s Financing Options for Real Estate Investors,
00:11:30 – Exploring Multiple Property Ownership,
00:12:07 – Self-Employed Individuals and Mortgage Qualification,
00:13:05 – Planning Ahead for Mortgage Qualification,
00:15:19 – Benefits of Working with National Bank,
00:19:59 – Renovation Programs and the BRRR Strategy,
00:23:02 – Financing Renovations,
00:24:09 – Financing Unlivable Properties,
00:25:43 – Favorable Financing Terms,
00:26:02 – Qualifying for the Program,
00:30:52 – Budgeting for Renovations,
00:34:21 – Market Rent Appraisal for Rental Properties,
00:35:52 – Treatment of Recreational Properties,
00:37:36 – Potential for Tiny Homes as Additional Dwelling Units,
00:38:47 – Limitations on Number of Units for Financing,
00:46:07 – Importance of Building Flexibility into Mortgages,
00:47:31 – Strategies for Paying Off Mortgages,
00:48:55 – Considerations for Cash Flow and Rates,
00:49:57 – Impact of Primary Mortgage on Rental Applications,
00:53:19 – Starting Over After Losing Everything,

This episode has been brought to you in part by:

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

Join Sarah’s coaching and mentoring program, The REI Academy https://sarahlarbi.com/reiacademy/

Many real estate investors are caught in a cycle of impulsive actions, such as hastily buying properties without conducting thorough due diligence or succumbing to the allure of quick profits without considering long-term stability.

As a result, instead of achieving the desired stability and balance in their investments, they face significant financial losses and a constant sense of unease. Kellan James is here to share insights on breaking free from this detrimental cycle and adopting effective strategies to mitigate risk and achieve the stability and balance you crave in the current market.

In this episode, you will learn about: 

With a dynamic approach and a penchant for outwitting volatile market trends, Kellan James is a real estate investing expert who began cultivating his portfolio in 2016. His first investment was a duplex, which funded the genesis of his impressive portfolio that would grow to hold 84 units, all using his own capital without any Joint Venture partnerships.

He employs the BRRR strategy and continually hones his craft by locating hidden gem deals. His immersion in the rental property market has given him a keen understanding of utilizing credit unions for financial dealings and flexibility.

Adept at spotting unique investment opportunities and mitigating market risks, Kellan’s knowledge bank runs deep. His journey is infused with a healthy balance of calculated risks and stability, making him an inspiration for fellow investors.

Key Moments in this Episode:

00:00:00 – Introduction,
00:00:18 – Kellan’s Real Estate Investing Journey,
00:01:44 – Scaling to 84 Units Without Joint Venture Partners,
00:04:26 – Working with Credit Unions,
00:09:54 – Finding and Choosing a Credit Union,
00:12:32 – Qualifying for Financing without a T4 Job,
00:13:31 – House Hacking and Airbnb,
00:15:14 – Building a Flexible Structure,
00:17:34 – Mitigating Risk in a Changing Market,
00:20:52 – Planning for the Future,
00:25:31 – The Impact of Selling on Rental Stock,
00:26:17 – Holding Power and Cash Flow,
00:27:42 – Strategies for Real Estate Investors,
00:32:26 – Long-Term Buy and Hold Strategy,
00:34:54 – Favorite Real Estate Investing Books,
00:37:59 – Introduction and Contact Information,
00:38:06 – Website Information,
00:38:27 – Technical Difficulties,
00:38:40 – Closing Remarks,
00:38:51 – Conclusion,

This episode has been brought to you in part by:

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

Diversifying a real estate portfolio is a prudent strategy to maintain purchasing power, reduce risk, and capitalize on different market conditions. By spreading investments across various types of properties, locations, and asset classes, investors can minimize their exposure to any single market downturn or specific property-related risks.

Real estate investor Cam McCarroll reveals the benefits of investing in various asset classes to maintain purchasing power and protect against inflation.

In this episode, you will learn about: 

Cam McCarroll is a highly accomplished real estate investor who has solidified his position in the Hamilton property market since 2009. His insatiable curiosity and drive for continuous learning led him to explore new horizons, leading him to the fascinating world of cryptocurrencies and the immense potential of Bitcoin. Recognizing the power of embracing innovative technologies, he diversified his portfolio, ensuring the preservation of his purchasing power in a rapidly evolving economic landscape

With an adventurous spirit and an unwavering determination to explore untapped markets, he has shifted his focus towards uncovering valuable investment opportunities in Costa Rica. Leveraging his extensive knowledge across diverse asset classes, he has assisted numerous investors in diversifying their portfolios and safeguarding their purchasing power against market fluctuations.

Through his expertise and guidance, he has enabled others to navigate the ever-changing investment landscape and maximize their returns.

Key Moments in this Episode:

00:00:00 – Introduction,
00:01:21 – Exploring International Investments,
00:07:19 – Fighting Inflation with Assets,
00:08:10 – Shifting Trends in Real Estate,
00:11:31 – Diluting the Value of the Dollar,
00:13:35 – The Case for Bitcoin,
00:14:36 – The Deflationary Nature of Bitcoin,
00:17:05 – Bitcoin as a Decentralized Asset,
00:19:44 – Bitcoin as a Store of Value,
00:24:52 – Bitcoin as a Paradigm Shift,
00:27:52 – The Adoption of Bitcoin,
00:29:00 – Bitcoin’s Use Cases,
00:31:49 – Bitcoin vs. Gold and Silver,
00:34:29 – Starting Over with Gratitude,

This episode has been brought to you in part by:

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

The real estate property market is inherently unpredictable, with fluctuations in supply and demand, interest rates, and government policies. To navigate this dynamic industry successfully, one must possess a crucial set of skills: flexibility and adaptability. These qualities enable real estate investors to adjust their strategies, embrace emerging trends, and capitalize on new opportunities.

Mark Loeffler is a notable figure in the real estate industry who has consistently exemplified the importance of flexibility and adaptability throughout his career.

In this episode, you will learn about: 

Mark’s real estate investing journey began with a simple desire for flexibility and adaptability. He started by purchasing duplexes and personally renovating them. However, his story took an unexpected turn as he went on to own numerous properties and write two books.

His determination to succeed drove him to expand his investments beyond residential properties. He ventured into commercial properties and even explored the Alberta market. Throughout his journey, Mark demonstrated unshakable determination and a willingness to adapt to ever-changing market conditions.

Former athlete turned real estate guru Mark shows beginner investors the importance of adaptability and education as he navigates the complex world of real estate, all while advocating for a market that can function naturally.

Key Moments in this Episode:
00:00:00 – Introduction,
00:01:34 – Getting Started in Real Estate,
00:04:09 – Scaling with Joint Ventures,
00:08:32 – Real Estate Market Insights,
00:10:48 – How Mark Buys Properties,
00:13:04 – The Benefits of a Market Economy,
00:14:35 – The Ease of Financing in Alberta,
00:17:47 – Property Types That Work in Ontario,
00:20:22 – The Benefits of Buying Condemned Properties,
00:26:23 – Real Estate Market Intervention,
00:27:55 – Real Estate as a Long-term Play,
00:29:05 – Lightning Round,
00:30:14 – Joint Venturing Apartment Buildings,

This episode has been brought to you in part by:

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

In recent years, the short-term rental industry has experienced explosive growth, fueled by the advent of online platforms such as Airbnb and VRBO. As a result, many property owners have capitalized on this trend, seeking to maximize their earnings by transforming their residential or investment properties into lucrative short-term rentals.

With heightened competition and shifting market dynamics, it is now crucial for property owners to implement cutting-edge ways to diversify their short-term rental portfolios.

Braydon Ross, an experienced short-term rental investor, shares his secrets to maximizing profits in the industry.

In this episode, you will learn about:

In 2017, Braydon, a Canadian entrepreneur, embarked on a life-changing journey in the short-term rental industry that began with a modest one-bedroom unit and ultimately led to rental arbitrage mastery. Embracing a trial-and-error approach, he quickly grasped the inner workings of the market, honing his skills and adapting his strategies along the way.

Today, he focuses on establishing fruitful alliances with hotels and implementing guest allocation strategies that maximize profitability for his clients and himself. Armed with firsthand experience, a profound understanding of market dynamics, and a remarkable ability to adapt to industry trends, Braydon imparts invaluable advice to those seeking to thrive in the competitive short-term rental landscape.

Key Moments in this Episode:

00:00:00 – Introduction,
00:03:30 – Connecting Hotels and Airbnb,
00:06:31 – Impact of Bylaws on Short-Term Rentals,
00:09:50 – Future of Short-Term Rental Regulations,
00:11:22 – Boosting Your Airbnb Listing,
00:14:20 – Braydon’s Future Goals in Real Estate,
00:17:12 – Implementing AI in Hospitality,
00:19:32 – The Importance of Good People and Tech,
00:21:49 – Working Hard as an Entrepreneur,
00:23:09 – Braydon’s Journey in Real Estate,
00:24:31 – Building a Resort on Airbnb,
00:26:14 – Challenges of All-Inclusive Resorts on Airbnb,
00:28:10 – Braydon’s Fun Activities,
00:29:30 – Braydon’s Favorite Podcast,
00:35:23 – Protecting Your Airbnb Investment,
00:35:32 – Instagram Contact,
00:35:45 – Importance of Hush-Hush Projects,
00:36:01 – Wrapping Up,

This episode has been brought to you in part by:

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

Join Sarah’s coaching and mentoring program, The REI Academy https://sarahlarbi.com/reiacademy/

Despite their best efforts, many real estate investors need help to adapt to current conditions. They may be spending countless hours researching, analyzing, and networking, only to find that the deals they thought were solid fall apart or fail to generate the anticipated returns.

Instead of feeling discouraged, it’s time to reframe your approach and explore new strategies to help you overcome these challenges and find opportunities in today’s market.

An experienced real estate investor Mathew Frederick offers valuable insights and proven strategies for successfully navigating market cycles and capitalizing on challenges.

In this episode, you will learn about:

Mathew’s remarkable real estate journey began with great enthusiasm when he purchased his first duplex at incredibly favourable interest rates that seemed almost too good to pass up.

However, just like the ever-changing real estate market, it had its share of ups and downs. He encountered multiple market downturns, which compelled him to swiftly adapt his strategies with a keen focus on cost reduction and timely property sales.

Through perseverance and astute decision-making, Mathew built a vast portfolio across Canada and the U.S., venturing into diverse asset classes such as multifamily buildings, self-storage facilities, and commercial warehousing.

Drawing from his experiences, he advises fellow investors grappling with similar market hurdles. His insights provide actionable guidance and empower investors to navigate uncertain times and seize opportunities amidst the ever-evolving real estate landscape.

Key Moments in this Episode:
00:00:00 – Introduction,
00:02:07 – Economic Downtrends,
00:05:26 – Strategies During Downturns,
00:09:07 – Rents During Downturns,
00:11:02 – Pivot During Uncertain Times,
00:13:05 – Investing in Real Estate,
00:15:01 – Bringing Cash Flow Back,
00:18:31 – Cash Flow and Amortization,
00:21:35 – Short and Midterm Rentals,
00:23:15 – Real Estate Investing Strategies,
00:26:11 – New Strategies and Opportunities in Real Estate,
00:27:55 – Lightning Round: Tips for Investing in Real Estate,
00:28:02 – Midterm Rentals: A Convenient Solution for Temporary Housing,
00:29:20 – Mathew’s Why for Real Estate,
00:33:04 – Reading Ourselves: The Importance of Self-Reflection,

This episode has been brought to you in part by:

Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

Tammy DiTomaso is an exceptional and passionate real estate agent and investor in Hamilton. With a specialization in guiding clients through their investment journey, Tammy is highly skilled and dedicated to helping investors achieve their goals. Through her tailored coaching services, she has empowered numerous clients by leveraging her experience as a successful property investor.

In this episode, you will learn about: 

Tammy DiTomaso’s remarkable journey is a testament to the power of embracing unexpected opportunities. Initially starting with a personal training studio alongside her husband, she eventually discovered her true calling in the real estate world. With a combination of her extensive local market knowledge and genuine desire to assist others, Tammy found success in coaching investor clients. However, it was her passion for networking that truly set her apart.

Through her networking efforts, Tammy uncovered the untapped potential of garden suites and multi-unit properties, presenting her clients with exciting new possibilities. This unexpected twist in her journey opened doors and expanded horizons for those she worked with. Tammy’s story is a powerful reminder to embrace the unexpected, which can lead to unforeseen opportunities and growth.

Now, she is known as a highly skilled and passionate real estate agent based in Hamilton, specializing in guiding clients through their investment journey and offering tailored coaching services based on her own experience as a successful property investor. With her dedication to her work and multiple properties in Hamilton and surrounding areas, she is an ideal guest to provide insights on building strong teams and networking for success in the real estate industry.

Key Moments in this Episode:

00:00:00 – Introduction,
00:03:43 – Investor Mindset,
00:07:13 – Hamilton market and the viability of duplex conversions.
00:09:29 – Shifting Strategies in response to the current market conditions, including focusing on three or four-unit properties or garden suites to add value.
00:11:26 – Garage Conversions and Garden Suites,
00:13:13 – Opportunities of Garden Suites for First-time Homebuyers
00:16:18 – Advantages of Garden Suites,
00:18:36 – Short-Term Rentals and Garden Suites,
00:20:12 – Appraisals and Garden Suites,
00:22:59 – Inspire Beach Resorts Sponsorship,
00:24:09 – Ideal Real Estate Deals and Strategies,
00:25:31 – Student Rentals as a Great Application for Single Families,
00:27:26 – Pivoting in Real Estate Investing,
00:32:51 – Lightning Round, Tammy shares her favourite real estate investing book, “Seller Be Sold”
00:35:52 – Starting a Real Estate Business,
00:36:21 – Investing with $50,000,
00:37:09 – Finding Opportunity,
00:37:31 – Contacting Tammy DiTomaso,

This episode has been brought to you in part by:

🏠 Do you need help or ideas for your real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

📚 Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

As real estate investors, the pursuit of lucrative opportunities is a constant endeavour. In this quest, it is important to explore various asset classes that might hold great potential. While traditional residential and commercial properties often dominate the market, there are other asset classes worth considering. Let’s delve into a few alternative options that could offer exciting prospects for real estate investors.

In this episode, you will learn about:

My guest for this week is Myuren Chanthirakumar, a savvy commercial appraiser and real estate investor. He has appraised diverse commercial properties, including resorts and multifamily buildings, and has a wealth of knowledge about analyzing cap rates and market trends. With his background in appraisal and real estate investment, Myuren has a deep understanding of the factors that drive value in commercial and industrial properties.

Myuren emphasizes the importance of focusing on the official plan and working with knowledgeable appraisers who offer consulting services. He advises investors to consider cap rates and discusses feasibility analyses and how projected rates can change. Cap rates play a vital role in valuing commercial properties, with lower rates indicating higher value.

Identifying hot asset classes, such as industrial properties and multifamily real estate, can give investors a competitive advantage by understanding market trends and high-demand sectors. Myuren highlights the growth of industrial properties and the constant demand for housing in multifamily real estate. Staying informed and assessing commercial real estate trends can help investors identify lucrative opportunities.

Key Moments in this Episode:

00:00:00 – Introduction,
00:04:35 – Appraising Commercial Properties,
00:08:58 – Land Value,
00:11:15 – Use of Cap Rates to Value Commercial Properties,
00:13:06 – Recap and Conclusion,
00:13:40 – Introduction to Commercial Real Estate Investing,
00:14:13 – Understanding Cap Rates in Commercial Real Estate Investing,
00:15:08 – Tenant Quality and Location,
00:16:33 – Appraisal Process in Commercial Real Estate,
00:21:37 – Industrial Real Estate Investing,
00:26:49 – How Industrial Companies Acquire Storage Units,
00:28:18 – The Importance of the Official Plan in Commercial Real Estate,
00:30:07 – Hot Asset Classes in Commercial Real Estate,
00:34:10 – How to Negotiate a Vendor Take Back,
00:39:38 – Midterm Rental Strategy,
00:40:13 – Favorite Podcast,
00:40:30 – Fun Activities,
00:41:41 – Starting Over,
00:42:47 – Investing with $50,000,

This episode has been brought to you in part by:

🏠 Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

📚 Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

Danielle Unsworth is the podcast guest for this week.

With her own investment portfolio exceeding 100 properties in just three years, she is a true expert in the field.

Danielle’s journey began by accident, but her dedication and a keen eye for opportunity have led her to become an expert in the field. Always eager to share her knowledge, Danielle has become a sought-after mentor and coach for others, particularly single mothers looking for financial security through property investment.

With a friendly and approachable style, Danielle is ready to help you navigate the world of real estate and secure your financial future.

Key Moments in this Episode:

00:05:30 – Investing Strategy in the Beginning,
00:08:01 – Inspiration to Learn More about Real Estate Investing,
00:09:36 – Balancing Work and Real Estate Investing,
00:13:08 – Delegating and Systemizing Real Estate Investing,
00:14:34 – Delegating Effectively,
00:19:17 – Scaling with Joint Ventures and Partnerships,
00:23:47 – Different Partnership Structures,
00:26:21 – Women Investors Network Canada (Wink),
00:28:22 – Real Estate Investors’ Giving Nature,
00:29:11 – Importance of supporting single moms in real estate investing,
00:31:04 – Where to find Women Investors Network,
00:32:20 – Danielle’s favorite podcast and hobbies,
00:33:35 – How to spend $50,000 in real estate investing,
00:35:08 – Where to connect with Danielle,

This episode has been brought to you in part by:

🏠 Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

📚 Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/

Chelsea Middleton is the podcast guest for this week.

She is a seasoned real estate investor who has successfully transitioned from flipping houses to running a thriving short-term rental business.

With over 12 years of experience under her belt, Chelsea has honed her skills in property renovation and interior design to create unique, instagrammable spaces for her guests.

Alongside her husband, Kyle Ford, they have recently purchased and renovated a 15-unit motel property, showcasing their expertise in the hospitality industry.

Known for her eye for design and ability to navigate the challenges of renovating during a pandemic, Chelsea is a valuable resource for hospitality entrepreneurs seeking to explore different financing strategies for their businesses.

00:00:00 – Introduction,
00:04:22 – Purchasing a Motel
00:14:55 – Pandemic Impact,
00:15:59 – Rental Business During Pandemic,
00:19:17 – Marketing Strategies,
00:23:22 – Centralized Booking System,
00:27:58 – Content Creators,
00:30:21 – Real Estate Event,
00:32:39 – Challenges of Running a Motel,
00:33:50 – Hiring Seasonal Staff,

Get in Touch with Chelsea:

Grand Bent REI Social Networking Weekend: https://www.eventbrite.com/e/grand-bend-rei-social-networking-weekend-tickets-568359076297

This episode has been brought to you in part by:

 

🏠 Do you need help or ideas for your own real estate investing business? Reach out and let us support your journey www.sarahlarbi.com or email sarah@sarahlarbi.com

📚 Join Sarah’s coaching and mentoring program The REI Academy https://sarahlarbi.com/reiacademy/