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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/

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

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