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Scaling with creative financing

by | Aug 5, 2022 | , ,

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Creative financing is the key for investors in expanding their Real Estate portfolios. There is also an opportunity for passive investors to lend their money and make a great return on their investment.

In this week’s podcast, we chat with guest Meghan Chomcut and explore creative financing options to find opportunities to expand your portfolio. We talk about private lending, lender opportunities, tips on retiring and important tips for new investors. Tune in for some great insight.

Meghan Chomut started her career in finance by packing her bags and moving to Scotland. One of her favourite things was learning about the tradition of painting the door of your home red once you’ve paid it off. It’s like checking off a box on your to-do list that also involves celebration, announcing to the world and having your community a part of the accomplishment.

She founded Porte Rouge, a fee-only advanced financial consulting company, that is rooted in the foundation that finance is a group sport. She and her team offer solutions that bridge the gap for real estate investors in the financial services industry.

In this episode, you will learn about:

  • Benefits of private lending
  • Investment opportunities for lenders
  • Things to consider for starting investors
  • Retiring with real estate, what to know
  • Avoiding shiny object syndrome
  • Being Financially Efficient
Get in touch with Meghan:
Instagram:  https://www.instagram.com/porterougeco/
Website: http://www.porterouge.co
Email meghan@porterouge.coThis episode has been brought to you in part by;
Rob Lee of  White Elm Design Build Inc
Dalia Barsoum of Streetwise Mortgages
Meghan Chomut CFP – Meghan Chomut

Investing like a Contractor

by | Aug 1, 2022 | , ,

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Learn how to get the biggest return on your investment from Lee Pollock, who is a contractor and avid investor with decades of experience. Lee owns Wyse Construction which focuses on investor clients and knows better than anyone that renovations can make or break your return on investment.

In this episode, we learn the process contractors use when providing a quote. Lee also touches upon some foundation issues to keep an eye out for, asbestos and problems that can be found in your basement. Tune in for some real golden nuggets!

Lee is the Co-founder and CEO of Wyse Construction Group, which employs 20 full-time skilled construction staff, and 4 full-time admin staff and specializes in working with investors and converting properties into income-generating properties.

Lee is also a highly successful real estate investor with over 20 residential investment properties and 4 commercial properties in JV partnerships which translates to over 80 doors. In his downtime, Lee loves spending time with his wife, two children and his Harleys!

In this episode, you will learn about:

  • The Importance of Working In-house
  • Steps for Providing Quotes to Clients
  • Tips on Adressessing Problems found on Properties
  • Foundations Issues, Asbestos, Basement Renovations
  • Why Lee Started Investing In Real Estate Before Construction
Get in touch with Lee:

To connect with Lee from Wyse Construction (Text or phone) 416-525-5951

This episode has been brought to you in part by;
Dylan Suitor of Elevation Realty
Dalia Barsoum of Streetwise Mortgages

Why mentoring can be key to growing your portfolio

by | Jul 22, 2022 | , ,

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This week’s podcast guest is Vinny Singh, Real Estate Investor.

In this week’s episode, we learn about investing in mix-use properties, and how their return is greater than other strategies. The importance of hiring a mentor before you invest, and how it saves your money and time. How Vinny is using his networking skills to grow his portfolio, and how joint venture partnerships can be beneficial. We also dive into why Vinny focuses on purchasing value add properties and many other great insights!

In 2020 when the pandemic hit, Vinny realized his lack of financial freedom with his current job. He then dove into educating himself on financial freedom and Real Estate. He purchased his first single-family home in Mississauga and 5 months later purchased his second property in Brampton. The hurdle Vinny faced was they did not cash flow. He then started to listen to the REITE Club podcast and started to understand real estate investment and cash flow.

Vinny then decided to invest in himself and seek out a mentor, to help him on the path to financial freedom. While working with Sarah Larbi as his mentor Vinny was able to find his first BRRRR property in Welland, Ontario. Sarah helped him find the contractor and gave the advice to rent out the garage, that was instant cash coming in while the construction was going on, and helped with his holding cost.

His portfolio was maxed out in terms of financing until, after working with Sarah, he was able to secure a lender that would work with him to continue growing his portfolio. Vinny is currently working on ways to scale his portfolio, network, and grow as an investor.

In this episode, you will learn about:

  • Investing in mix-use properties
  • Importance of hiring a mentor before investing
  • Why networking can be vital to your portfolio growth
  • Joint venture and financing insights
  • Mixed-use properties
  • Investing in value add properties
Get in touch with Vinny
Email: vinnys523@hotmail.com
Instagram: vinnysinvestor
Website: https://vssinvestment.ca/

This episode has been brought to you in part by;

Dalia Barsoum of Streetwise Mortgages
Inspire Resort Inspire Beach Resort
Jon TenBrinke of Black Jack Contracting Inc
Meghan Chomcut CFP Meghan Chomut CFP

Real Estate Investing in Halifax

by | Jul 15, 2022 | , ,

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This week’s podcast guests are Neal Andreino and Chandler Haliburton, Podcast Hosts, Real Estate Agents and Real Estate Investors.

In this week’s episode, we learn how Neal and Chandler got started in real estate investing and scaled their portfolio and provide their insights on the real estate market in Halifax and why they feel it’s a great place to grow your portfolio. They share with us their thoughts on increasing rates, vacancy rates and rental demands. Tune in for more insight!

Neal and Chandler are the hosts of the Master Keys Podcast which covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors
Neal owns and operates roughly 100 units, has land developments underway and has managed to reach the Top 5 realtors in his brokerage. His restoration franchise consistently does 7-figure yearly revenues. For 2021, Neal transacted over 25 million dollars in real estate, completed multiple re-assignment deals, acquired 40 units (18 personally, 22 through JV partnership), made 5-figure investments in Crypto and began the podcast.Chandler first began purchasing for himself, later switching careers into professional sales in order to likewise help clients invest. He is now a repeat award winner for Atlantic Canada, the top producing agent in the most productive brokerage in the city, and transacted over $50m in real estate in 2022. Chandler’s real estate investment company owns and operates over 60 units, with a current focus on new development. He has over 100 units currently approved for development and starting this year, with another 200+ in the pipeline at other sitesIn this episode, you will learn about:
  • What the best opportunities in Halifax are
  • What the future of Investing in Halifax looks like
  • Why Halifax is such an attractive market for current real estate investing
  • Key insights for new investors
  • Their thoughts on increasing rates in upcoming years
  • What did they feel about vacancy rates and rental demands in the last five years
Get in touch with Neil and Chandler

Instagram: https://www.instagram.com/masterkeyspodcast/
This episode has been brought to you in part by;

Dalia Barsoum of Streetwise Mortgages
Jesse Bobrowski of Calvert Mortgages
Inspire Resort Inspire Beach Resort
Sue Ore & Susan Corcoran Complete Properties Inc

Managing your expectations and budget when renovating

by | Jul 8, 2022 | , ,

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This week’s podcast guest Babar Moghal talks about his choice of Port Colborne as an investment location and which strategy he finds most effective there. Babar also talks about the importance of a power team, particularly those who understand the area you are investing in and are an investor themselves. Barbar and Sarah discuss budgeting for your renovation and why it’s important to manage your expectations and buffer your budget.

Babar began his real estate investment journey in Calgary, Alberta and moved to the GTA in 2020 with his wife and son. As a professional engineer with over 17 years in the corporate world as a business development expert, Barbar realized that even with his success in the corporate world, there were limitations but real estate took away that glass ceiling.

His portfolio consists of two flips and a very successful BRRRR project. He recently started a wholesaling and flipping business to grow his portfolio and help other investors get off-market deals. Babar is also actively JVing as a money partner for various flip projects. His philosophy in life is Success = Mindset + Action.

In this episode, you will learn about:

  • Port Colborne market insights
  • The process when purchasing a property
  • Working with mortgage brokers and investing in experienced contractors
  • Budgeting for a renovation and managing your expectations.
  • The importance of having a Realtor who understands investing
  • Understanding the refinance process
Get in touch with Babar:
Facebook: Babar Moghal Rei
Instagram: bmoghal
Website: www.canadianhomeownersolutions.ca
Email: bmoghal@gmail.com
This episode has been brought to you in part by;
Dylan Suitor of Elevation Realty
Jon TenBrinke of Black Jack Contracting Inc
Dalia Barsoum of Streetwise Mortgages
Meghan Chomut CFP – Meghan Chomut

Investing with the Rent-to-Own Program

by | Jul 1, 2022 | , ,

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This week’s podcast guest is Alfonso Salemi, Entrepreneur and Real Estate Investor. 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.

In this episode, Alfonso shares with us his experience with the Rent-to-Own Business for investors. He reviews how the pandemic affected his Rent-to-Own business and what changes he made to adapt to the market. Alfonso talks about the Client First Strategy and what other strategies he is focusing on when investing.

In this episode, you will learn about:

  • How the pandemic affected the Rent to Own Strategy
  • What is the Rent to Own program?
  • How investors and homeowners can get involved in the Rent to Own Program
  • Client first strategy
  • Rent to own market Insights
Get in touch with Alfonso:
Website: https://www.jaagproperties.com
Instagram: alfonso.salemi
Email:  alfonso@jaagproperties.com

This episode has been brought to you in part by;

Voytek Mardula of US Properties
Dalia Barsoum of Streetwise Mortgages
Sue Ore and Susan Corcoran of Complete Properties Inc

Building a business by leveraging real estate as the vehicle

by | Jun 24, 2022 | , ,

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This week’s podcast guest is Tim Tsai, Real Estate Investor, Mentor & Coach. In this episode, Tim shares with us tips on how to manage properties remotely, and how to leverage your portfolio. We learn about  Delaware Statuary, Trust ( DST) along with investing in Waikiki Hawaii as a Canadian. Tune in for more insights with Tim!

After retiring himself 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 (25 months to be exact) 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, and 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.
In this episode, you will learn about:
  • Managing properties remotely
  • How to leverage your real estate
  • Delaware Statuary Trust
  • Investing in Waikiki Hawaii as a Canadian
  • Insights on mindset and health

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;
Jesse Bobrowski of Calvert Mortgages
White Elm Design White Elm Design
Dalia Barsoum of Streetwise Mortgages
Meghan Chomut CFP – Meghan Chomut

CMHC financing and multifamily investing

by | Jun 17, 2022 | , ,

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This week’s podcast guest is Casey Grey

In this episode, you will learn about:

  • CMHC financing and multifamily investment insights
  • What is an environmental assessment?
  • Refinancing and knowing your exit strategy
  • What is NOI or Net Operating Income?
  • Construction risks and challenges in 2022
  • The importance of communication and doing your due diligence on a property.

 

In this episode, we will learn about Canada Mortgage and Housing Corporation and multi-family investing. Casey talks about the importance of environmental assessments and the importance of doing your due diligence when purchasing a property.
We learn about certain risks and challenges for construction in 2022 and much more, tune in for a great conversation with lots of valuable insights!Casey is the founder of the award-winning sustainable building company, The Conscious Builder, the host of The Conscious Builder Podcast and The Conscious Builder Show on YouTube and the founder of The Conscious Builder Academy, an online course hub for future-focused builders who want to create better businesses. He has written almost 400 blog posts on topics such as marketing, branding, entrepreneurship, personal development, sustainability and more.Casey brings almost two decades of experience to the construction industry and over a decade of experience in running, owning and growing multiple businesses while also staying committed to his wife and son. Casey is on a mission to help people build homes, businesses and lives in a more conscious manner.Get in touch with Casey:
Instagram:@the_conscious_builder
Website: www.caseygrey.com
Email: casey@cgreyconstruction.com

This episode has been brought to you in part by;
Dylan Suitor of Elevation Realty
Jon TenBrinke Black Jack Contracting
Dalia Barsoum of Streetwise Mortgages
Sue Ore and Susan Corcoran from Complete Properties Inc

Mortgage Investment Corporations- The who, what, where and why!

by | Jun 10, 2022 | , ,

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This week’s podcast guest is Jesse Bobrowski, Vice-President at Calvert Home Mortgage Investment Corp. Jesse dissects Mortgage Investment Corporations (MIC) for us and gives us the play-by-play of exactly how they work. Jesse talks about What a MIC is, why you would want to invest in it and the potential of returns in MIC investing. Jesse also shares with us insights and advice when purchasing property in Alberta and his top tips when investing in that province. Tune in for some excellent insight and conversation.


Jesse began his REI adventure about 14 years ago after graduating from university and moving to Alberta from Ontario. He met a husband and wife team of private lenders and ended up working with them just as the sub-prime crisis happened. He then learned the ropes and what not to do. Now at Calvert, he focuses on creating solutions for flippers with amazing programs in Ontario and Alberta. Calvert is in essence a private fund where investors buy shares and earn money through the interest and fees that Calvert obtains through its mortgages.

In this episode, you will learn about:

  • Buying Property Insights in Alberta
  • What is a Mortgage Investment Corporation (MIC)
  • Why invest in a MIC?
  • How long is the investing capital tied up in MIC?
  • Average type of potential returns in MIC investing
  • Understanding the risks investing in MIC and what to look at

Get in touch with Jesse:
Instagram: https://www.instagram.com/calverthomemortgage_/
Website: chmic.ca
Email: jesse@chmic.caThis episode has been brought to you in part by;

Dylan Suitor of Elevation Realty
Voytek Mardula of US Properties
Dalia Barsoum of Streetwise Mortgages
Meghan Chomut CFP – Meghan Chomut

Investing in Michigan and Florida

by | Jun 3, 2022 | , ,

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Guest: James Lloyd and Voytek Mardula, Real Estate Investors

Have you ever wondered what it was like to invest in the U.S? Do you listen to podcasts that are geared towards investing in the U.S? Well, investing in the U.S. is a whole different ballgame and it would be a whole lot simpler if you hired an expert to help you get started.

In this episode you will learn about:

  • Rental insights in Michigan and Florida
  • Landlord and Tenant Laws in Michigan
  • What Real Estate Investing strategies work well in Michigan
  • What Real Estate prices look like currently in Michigan
  • What to know about taxes when investing in real estate
  • Insights on refinancing properties in the US

In this episode, James and Voytek teach us about investing in the US, particularly in Michigan and Florida. They go over landlord and tenant laws and rental insights in those states. We will also hear about their preferred investment strategies and what those look like in the current real estate market. They share information on what to consider for taxes when investing in the United States as well as what refinancing looks like.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.  A graduate of the New York Restaurant School, James began his early career in restaurant management in New York City at several award-winning Manhattan restaurants.

Upon returning to Canada, James transitioned into retail and then corporate sales management before finding his home at US Properties. 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.

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 and operates and manages over 300 doors in the greater Detroit area.

Get in touch with James & Voytek:
Website: https://www.usproperties.ca/

Real Estate Investing over the last 20 years

by | May 27, 2022 | , ,

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In this episode, you will learn about:

  • What the short term strategy looked like 20 years ago
  • How they scaled their student rental portfolio
  • Challenges in today’s real estate market
  • The challenges in finding a deal in today’s market
  • How real estate changed their lifestyle
  • How Laura and Matt invested in real estate based on their lifestyle
In this episode we will hear from Matt and Laura Hawkins who have been investing for 20 years. They talk about the early days of AirBNBing their parents cottage 20 years ago and what that looked like compared to the short term rental strategy now. They share with us how they have scaled their portfolio and use their real estate investing success to improve their lifestyle. They talk about all the strategies that have allowed them to achieve this success and the lessons learned that come along side!
Laura and Matt Hawkins – Matt started in real estate in 2003 when he was just 19 with a short term cottage rental where he partnered with his parents. Shortly after, Matt and Laura moved on to buying and renovating student rentals in Guelph. Using a very slow version of BRRRR and leveraging their principal residence HELOC they continued to grow their portfolio while finishing post secondary, starting and growing their careers, getting married and having 3 beautiful kids. Recently they transitioned from student rentals to multi family and completed their first duplex conversion in Lindsay Ontario and are currently working on a major renovation to a huge century home Triplex in Peterborough. Matt and Laura are serial entrepreneurs and own a civil landscape construction company in Stouffville and a small HR consulting business. They currently self manage their portfolio and have plans to get into larger multifamily and development deals in the near future.Get in touch with Laura and Matt Hawkins
Instagram: https://www.instagram.com/sidney_investments/
Email:laura_hawkins@outlook.com

This episode has been brought to you in part by:
Dylan Suitor Elevation Realty
Jesse Brobrowski at Calvert Mortgages
Meghan Chomut meghanchomut CFP
Dalia Barsoum Streetwise Mortgages

Helping Women Invest in Real Estate

by | May 20, 2022 | , ,

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In this episode, you will learn about:

  • Joint venture strategy insights
  • Making the shift from real estate investing to property development
  • The Risks and benefits of developing property
  • How women invest differently in Real Estate
  • The mindset shift to becoming a Passive Investor

In this podcast, we learn about how to succeed as a woman in real estate. Liza discusses why she loves joint venture opportunities and why it may work for you. She shares her experience in becoming a land developer and what that shift looks like. We dive deeper into the mindset and invest passively in real estate. Tune in for more great insight.

Guest: Liza Rogers, Real Estate Investor, Developer, and Founder of Women’s Real Estate Network

Liza Rogers is a real estate investor, property developer, and founder of the Women’s Real Estate Network, a BC-based social enterprise focused on creating community and collaboration.

She has 25 years of experience in global tourism and events, including management of international vacation properties.

Liza is a visionary who excels at attracting financial partners! Currently, she’s working on projects that respect wild spaces and biodiversity, preserve multi-family character homes, and advocate for and invest in cohousing/coliving initiatives.

Her approach to real estate investing emphasizes the importance of teams and partnerships
in enhancing social, cultural, and environmental values in our communities. Her passion is bringing a holistic lens to her work and being an example that wealth isn’t just about money.

Get in touch with Liza
Instagram: https://www.instagram.com/Liza_Rogers1 / https://www.instagram.com/wrenclub/
Facebook: https://www.facebook.com/wren4us/
Email: info@wren.club
Website: https://wren.club

This episode has been brought to you in part by:

Dylan Suitor Elevation Realty
Jon TenBrinke BlackJack Contracting Inc
Dalia Barsoum Streetwise Mortgages
Sue Ore and Susan Corcoran Complete Properties Inc