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How to Scale Your Portfolio When You’re Starting with little Capital

by | Nov 7, 2022 | , ,

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This week’s podcast guest is Mike Beer

Mike is an accomplished real estate investor who has a remarkable and inspiring story! He recently received his second award for multifamily real estate investing in Canada. He’s passionate about helping other investors gain the financial future they deserve and before that he worked in international business as well as a professional ski instructor and scuba divemaster.

Today, he focuses on coaching for charity, ice water dips, and LOVES personal self-development.

In this episode, you will learn about:
  • How do you scale your portfolio
  • The work that goes behind using investor money
  • How he got the worst tenant he’s EVER seen
  • What is the biggest piece of advice he would tell himself 15 year ago
  • The one thing he would do differently if he went back in time
Get in Touch with Mike:
Instagram: @mikebeer_inv
Youtube: Mike Beer Investments
Website: www.mikebeer.ca
Facebook: Mike Beer

This episode has been brought to you in part by;

Sell, Rent, Stay – www.sellrentstay.com
Wyse Construction – www.wyseconstruction.ca
Mid-Term Rentals – www.sarahlarbi.com/mid-term-rentals

How to Get Started in Real Estate Development

by | Oct 28, 2022 | , ,

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Ever wanted to get started in development but not sure where to start? then this episode is for you!This week’s podcast guest is Ali Nazarian, Founder of EcoLux Developments shares his story of how he went from an engineer with a fascination with construction and home building all the way to becoming a Real Estate Developer. You can expect insights into what strategy he first used to get started, the timeline uncertainty you will face, and how to budget initially before jumping in.

Ali began his journey in 2016, when he purchased his first property in Richmond Hill, Ontario. Within the first year, he embarked on his first development project which is when his company EcoLux Developments was founded in 2017.

In this episode, you will learn about:
  • A strategy you can implement to gain your first development project
  • Steps to take once you have acquired your piece of land
  • Costs to consider for real estate development
  • The type of diligence that needs to be done
  • How to budget efficiently for a project

Get in touch with Ali Nazarian:
Facebook: https://www.facebook.com/EcoLuxDevelopments/
Instagram: www.instagram/ecoluxdevelopements
Website: https://ecoluxdevelopments.com/
Email: info@ecoluxdevelpments.com

 

This episode has been brought to you in part by;
Andrew Choubeta of  Caveat LLP
Wyse Construction Wyse Construction
Mid Term Rentals Property Management midtermrentalproperties
Dalia Barsoum of Streetwise Mortgages

What to do when your building is on fire!

by | Oct 21, 2022 | , ,

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When something unexpected happens to your property how do you do damage control? This week’s podcast guest Axel Monsaingeon, Founder of Real Estate Effect shares his story about how his building caught fire and how he handled this crisis led to his starting and transitioning into being a full-time real estate investor. He discusses the strategies that work for him in terms of finding deals as well as building strong relationships with potential investors!

Born in the French Caribbean, Axel was convinced he wanted to be a banker. He studied Economics and Supply Chain Management. A couple of years into the corporate world, he decided he wanted more, and jumped into consulting before taking the leap to full-time real estate investor. When has grown from the BRRRR strategy to long-term hold, construction development, and redevelopment.


In this episode, you will learn about:
✅ How to find deals in this current market
✅ Road map to scaling and adding larger projects to your portfolio
✅ What he would you do differently if he started over today
✅ How to handle unexpected crises as a developer

Get in touch with Axel:
Instagram: @monaxel
Website:https://www.realestateeffect.ca/
Facebook: https://www.facebook.com/realestateeffect

This episode has been brought to you in part by:
US Properties www.usproperties.ca
Dalia Barsoum- www.streetwisemortgages.com
Wyse Construction – www.wyseconstruction.ca
Mid-Term Rentals – www.sarahlarbi.com/mid-term-rentals

How to Survive this Current Market !

by | Oct 14, 2022 | , ,

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With the current state of today’s market, it’s important to explore creative strategies especially when it comes to financing that you can use to help navigate your way whether you are entering the market or managing an existing portfolio. This episode covers some investment strategies and creative ways to finance your portfolio

This week’s podcast guest is Dalia Barsoum an award-winning mortgage broker and financial advisor with over 20 years of experience in the banking sector, spanning lending, wealth management strategy, and real estate. In 2011, she launched Streetwise Mortgages, a boutique brokerage specializing in servicing real estate investors and self-employed clients across Ontario.

She is the author of Amazon’s Best Seller: Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want, a public speaker, a regular columnist for the Canadian Real Estate Wealth Magazine and contributes to various media outlets on the topics of Real Estate investing and financing.


In this episode, you will learn about:
  • Strategies to bring your rental to positive cash flow.
  • Best way to manage your portfolio in a variable rate environment
  • How to handle the next mortgage increase
  • What to do if you are waiting for the “right” time to enter the market
  • Real estate strategies to avoid
For an explainer video on the strategy discussed go to https://youtu.be/83CfCl9xP8A

Get in touch with Dalia Barsoum:

Website: https://streetwisemortgages.com/

This episode has been brought to you in part by;

Jamil Rahemtula- jamilrahemtula
Dalia Barsoum of Streetwise Mortgages
Wyse Construction – Wyse Construction

How to scale by using an investor focused realtor

by | Oct 11, 2022 | , ,

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The first member of your power team should be an investor-focused realtor. Someone who knows exactly what to help you look for when searching for properties. Jamil Rahemtula is a seasoned investor and real estate agent. He has been investing in real estate since 2008, starting with student rental properties and then expanding into flips and multi-residential homes.

In addition to his love of real estate, he spent more than ten years as a project manager for major utilities. Jamil also holds a certification in construction technology which has helped him better comprehend the theoretical and practical aspects of residential construction.

As someone who has experienced the ups and downs of investing, Jamil’s personal approach and industry knowledge gives his clients the support they need to scale their portfolio.


In this episode, you will learn about:

  • Benefit of working with an investor-focused realtor
  • The strategies he used to scale his portfolio
  • How to find  joint venture partners
  • How to scale your real estate investment business with a good property management team
Get in touch with Jamila Rahemtula:
Facebook: jrealtynetwork
Instagram: @jamilrahemtula
Website: www.jamilrahemtula.com
Email:jrahemtula@gmail.com or mail@jamilrahemtula.com

This episode has been brought to you in part by;
Andrew Choubeta – www.caveatlegalservices.com
Wyse Construction – www.wyseconstruction.ca

Helping Canadians Invest in the US!

by | Sep 30, 2022 | , ,

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The US is a great market for real estate investing, but there are some things to be aware of if you are from Canada. Alain Forget shares his experience with how Canadians can buy in the USA and in Florida as well as different strategies that work well. He also talks about loan-to-value and interest rates in the US as well as the difference between ownership structures in the US and Canada.

Alain is the Director and Head of Sales and U.S. Business Development and has been working for Royal Bank Financial Group for over 42 years, holding various business and sales leadership roles in Canada, the Caribbean, and the U.S. He is passionate about helping Canadians purchase U.S. homes and works closely with consumers, real estate professionals and other strategic partners to provide education and opportunity to Canadian buyers in the U.S. Alain is a licensed real estate agent in Florida and has his NAR CIPS designation (Certified International Property Specialist) He holds a degree in Finance / Management/Investment.

In this episode, you will learn about:

  • Investing in the US: Orlando, Arizona and California
  • Things To Be Aware of When Investing in The US
  • Loan to Value and Interest Rate in the US
  • Ownership Structure in the US and Canada
  • Using the BRRR Strategy in Flordia

Extra Resources:

Home Plus Advantage hub (HPA) brings a lot of resources, insights, tools, solutions and advice for any Canadian looking to invest in the U.S. real estate market @ www.rbcbank.com/hpa.  This tool was built over the last few years with a strong desire to make U.S. homeownership easier and to educate more investors across the border…from “Dream to Doorstep”!

U.S. mortgage preapproval letter: www.rbcbank.com/preapproval

This episode has been brought to you in part by;
Wyse Construction – Wyse Construction
Sell Rent Stay – Sell Rent Stay
Mid-Term Rentals- https://sarahlarbi.com/mid-term-rentals/

What’s Working in Today’s Market?

by | Sep 23, 2022 | , ,

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Do you want to learn more about pre-construction? You are in luck because in this week’s podcast episode of Where Should I Invest, Niru Sharma, Real Estate Investor and Realtor, shares some of her favourite tips for finding incredible preconstruction houses. She also reviews the market from a Realtor’s point of view and what the market looks like for preconstruction. Niru dives into the risks of investing in preconstruction, what it means to move with the market and having a backup strategy so you can pull the trigger when the time is right.

Niru is an investor, and real estate agent with expertise in preconstruction and focuses on Oakville, Burlington, Milton, and Mississauga resale.

In this episode, you will learn about:

  •  Reviewing the market from a realtor’s point of view
  • What the market looks like for preconstruction
  • The risks of Investing in preconstruction
  • Learning to move With the market and having a backup strategy

Get in touch with Niru Sharma:
Instagram: www.instagram.com/niru.sharma.realty
Phone Number: 905-483-1844

This episode has been brought to you in part by:
Andrew Choubeta –https://www.caveatlegalservices.com/
Wyse Construction – https://wyseconstruction.ca/
Mid-Term Rentals- https://sarahlarbi.com/mid-term-rentals/

Creating wealth by growing your Farm-folio

by | Sep 16, 2022 | , ,

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Farms are not just for farmers anymore! An average investor can own a share of a farm to help our agricultural community grow. In today’s podcast, we’re talking about some of the most important things to look for when you’re starting to think about purchasing a farm.

Guest, Peter Badger shares with us how crops can be your ultimate guide and where your best ROI will be when choosing the farmland to purchase. Aside from where you want to make a profit, you need to make sure that there is a strong management company in place. And finally, it goes without saying that you want to make sure that your investment is safe and smart.

 In this episode, you will learn about:

  • How crops can be your ultimate guide to choosing where to invest
  • Where your best ROI will be when choosing the farmland to purchase
  • Important things to look for when choosing a farm
  • Learning to Evaluate Your Investment  and Have a Strong Management Company
  • Risks when creating a Farm-folio
Peter Badger, a successful real estate and agriculture investor, is Farmfolio’s chief strategy officer. He brings a multitude of skills to the company after spending 18 years on Wall Street and a decade in Silicon Valley. He is data and process driven and drives strategy, sales, and distribution for Farmfolio’s LOTs products.

Get in touch with Peter:
Website: https://farmfolio.net/

Facebook: https://www.facebook.com/farmfolio/

This episode has been brought to you in part by:
Andrew Choubeta – https://choubetalegalservices.com/
Wyse Construction – https://wyseconstruction.ca/
Mid-Term Rentals- https://sarahlarbi.com/mid-term-rentals/

Losing a Million Dollars “Overnight”

by | Sep 9, 2022 | , ,

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How do you lose a million dollars overnight and recover? In this week’s episode, we learn how this happened to our guest Tim Tsai, Real Estate Investor, Mentor & Coach, and how he recovered.

Tim talks about how the BRRR strategy (buy-rehab-refinance-rent) is one of the best ways to invest and the importance of the process. We also get his take on Private lending vs Borrowing.

In this episode, you will learn about:

  • How He Lost A Million Dollars Overnight
  • The Importance of the BRRR Process
  • Market Strategies
  • Private Lending and Borrowing

After retiring at the age of 30, Tim began to pursue another goal and passion of his, helping others who are committed to achieving financial freedom do the same. With the help of Rich Dad Education in Canada, Tim successfully became financially free 2 years after his first training.

In the past few years, Tim has built cash-flowing portfolios in Canada, the US and the UK, using a variety of strategies – income properties, lease options (both residential and commercial), creative financing, flip, wholesale, infill development, mobile home parks, etc.

Tim has learned the power of connecting people firsthand and helping others reach their goals.  This has been the core concept of his business model.  Today, he is passionate about paying it forward and helping others reach their financial goals and increase their financial education through real estate investing.

Get in touch with Tim:

Facebook Personal Profile: www.facebook.com/theonlytimtsai
Facebook Personal Page: www.facebook.com/thetimtsai
Instagram: @thetimtsai
LinkedIn: timtsai
Email:  tim@trustyourtalent.ca

This episode has been brought to you in part by;
Wyse Construction wyseconstruction.ca
US Properties US Properties
Midterm Rentals https://sarahlarbi.com/mid-term-rentals/

Managing Properties in Sault Saint Marie

by | Sep 1, 2022 | , ,

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Ever wondered how to diversify your portfolio with cash-flowing properties? In this week’s episode, our guests Katie and Jake share how they got started in the real estate investing business, their first experience purchasing a property and how they were able to make money on the deal.

They also discuss how they use their own property management company to manage all of their rentals. Their overall strategy is to have a diverse portfolio of properties that are cash flowing and well managed.

As the founders of White Pine Properties Inc., they are devoted to creating new housing opportunities in markets with rental deficits and will continue to purchase residential and commercial multi-family buildings throughout Central and Northern Ontario.

In this episode, you will learn about:

  • Their First “Big” Property
  • Inhouse Renovations and Designs
  • Expanding Their Portfolio
  • Property Management in Sault Saint Marie
  • Cash flow and White Pine Properties

Partners Jacob Woodward and Katie Golec have been investing in real estate using the BRRRR strategy for long-term rental properties since 2015, doubled their exclusively owned portfolio, and now work full-time with the company. Their most recent project is a short-term vacation property on the beautiful French River that will be completely renovated into a luxury four-season rental.

Get in touch with Katie and Jake 

Instagram: @whitepineproperties
Facebook: @whitepineproperties
Website: www.whitepineproperties.ca
Email: hello@whitepineproperties.ca

This episode has been brought to you in part by;
Jamil Rahemtula – https://jamilrahemtula.com/
Wyse Construction – https://wyseconstruction.ca/

Managing Tenants 101, Legally

by | Aug 19, 2022 | , ,

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Being well-prepared when becoming a landlord can help make the process easier, particularly when dealing with challenging situations with tenants. This week’s guest is Andrew Choubeta, a paralegal that cares about landlords and their investments.

Andrew shares his take on what relationships between tenants and landlords are looking like post-pandemic. He shares about issuing an N4 notice. There are many new ways that landlords can take action when they have difficult tenants and hold them accountable.

It’s still a very difficult system but a lot of progress has been made. Quick tip! If you have a short-term or midterm rental you can have a lease agreement but it must be attached to the Airbnb listing. Andrew explained what an N-11 is and how it is to be used. A lot more work is now required when filing for various issues with tenant matters.  Tune in to hear more from Andrew!

Servicing all of Ontario, Andrew and his colleagues at Caveat LLP have a combined decade of experience dealing with investor-focused Landlords and Tenant issues. As an investor himself, Andrew has a results-driven approach to legal practice.

In this episode, you will learn about:

  •  Updates at the Ontario Landlord Tenant Board
  • Tips for Landlords and N-11 Agreement
  • Short-Term /Midterm rental strategies
  • Properly Screening tenants
  • What is a Bailiff and how to obtain one
Get in touch with Andrew:
Website: https://choubetalegalservices.com/
Facebook: https://www.facebook.com/Caveatllp/
Email:: andrew@caveatllp.com

This episode has been brought to you in part by:
Sell Rent Stay – http://www.sellrentstay.com/
Wyse Construction – https://wyseconstruction.ca/
Mid-Term Rentals- https://sarahlarbi.com/mid-term-rentals/

Taking a look at investing in Industrial Properties

by | Aug 12, 2022 | , ,

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Industrial Real Estate can provide investors with the opportunity to achieve a good return on their investment and allows them to think outside of the box to expand their portfolio.

This week’s podcast guest is Chad Griffith, an industrial real estate broker and this week we discuss triple net leases and what they are. Chad talks about the pros and cons when leasing commercial units and why investors should consider industrial real estate when growing their portfolios.

We also discuss the effect of e-commerce on the commercial real estate landscape and how the pandemic had a positive effect.

In this episode, you will learn about:

  • Triple net leases
  • Investing in industrial properties.
  • The pros and con’s when leasing commercial units
  • The effect of E-Commerce on the commercial real estate landscape
  • Why investors should add industrial Real Estate to your portfolio

Chad has been an industrial real estate broker since 2005. In addition to earning SIOR and CCIM designations, he’s earned a diploma in urban land economics from UBC and an MBA from Thompson Rivers University. He has articles published in Forbes, Western Investor, and Real Estate Magazine

Get in touch with: Chad Griffiths
Instagram:@chadgriffiths
Email: griffithscre@gmail.com

This episode has been brought to you in part by:
Wyse Construction wyseconstruction.ca
US Properties US Properties
Dalia Barsoum of Streetwise Mortgages