Monthly Archives: November 2019

What it Takes to Convert a Church and Other Multi-Unit Lessons

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | Android | Email | TuneIn | RSS | More

Kory found his passion for real estate investing in his late teens after reading David Chilton’s book The Wealthy Barber. However, lack of knowledge, systems and trusted mentors kept him from pulling the trigger on his first property until he was 30 years of age, even though Kory actually grew up in a duplex where the tenant rented out the attic for $35 per month. 

Guest: Kory MacKinnon, Real Estate Investor, Speaker, Author & Coach

Kory found his passion for real estate investing in his late teens after reading David Chilton’s book The Wealthy Barber. However, lack of knowledge, systems and trusted mentors kept him from pulling the trigger on his first property until he was 30 years of age, even though Kory actually grew up in a duplex where the tenant rented out the attic for $35 per month. 

As the saying goes, the seed was planted and from that day forward, Kory used two decades of business experience to turn his lucrative real estate side hustle into early retirement.

Kory started with a 6-plex property back in 2005 and is now managing 20+ properties with 60+ rental units today. He shares his experience on how he was mentored by his landlord and will walk us through how he transitioned himself from having a corporate trainer job to doing real estate full time.

Today, Kory is a multifamily and rental expert with experience in most real estate strategies. With his sights now set on larger projects, such as building conversions, land development and apartment acquisitions. He also works with select, motivated individuals or businesses who are looking to grow in terms of not just Real Estate Investing, but Successful Entrepreneurship, Sales, Improved Customer Experience, Presentation Delivery, Negotiation, Recruiting and Team Building, Systems Creation, Planning and Accountability. 

In this episode learn about: 
  • Financing and insurance tips
  • The 1% rule
  • Converting a church and its obstacles
  • Applying for zoning changes
  • Success and hurdles for new students 
To get in touch with Kory:
Facebook:
Instagram:

Invest in Your Health and Invest in Your Body

colleen mcquarrie, Education, health, healthy living, Laurel Simmons, mindestate, mindset, naturopath, naturopathic medicine, passive investing, Podcast, Real Estate, Real Estate Investing, real estate investing education, Real Estate Investor, sarah larbi, thereiteclub

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | Android | Email | TuneIn | RSS | More

Dr. Colleen McQuarrie founded the Ottawa Integrative Health Centre in 2004, and continues her role as the Clinic Director, while practicing as a full time Naturopathic Doctor. Her primary focus is family health, fertility, prenatal care, menopause, pediatrics and functional neurology. In 2010, she was awarded the Ottawa Business Journals “Top Forty under 40” award.

Guest: Dr. Colleen McQuarrie, ND – Naturopathic Doctor

Dr. Colleen McQuarrie founded the Ottawa Integrative Health Centre in 2004, and continues her role as the Clinic Director, while practicing as a full time Naturopathic Doctor. Her primary focus is family health, fertility, prenatal care, menopause, pediatrics and functional neurology. In 2010, she was awarded the Ottawa Business Journals “Top Forty under 40” award.

With over 15 years as a practicing Naturopathic Doctor, Colleen is passionate about health, and provides seminars, workshops and lectures to special interest groups, as well as, medical students and private industry.

Colleen is a member of both the provincial and national Naturopathic Associations (OAND and CAND) since her days as a student. She remains engaged in her profession by acting as the Chair for the Board of Governors at the Canadian College of Naturopathic Medicine (www.ccnm.edu).

In this episode learn about: 

  • What is a Naturopathic Doctor
  • Common health concerns for entrepreneurs 
  • Stress hormones
  • Tips to improve our mood at home
  • Fasting benefits
  • Prebiotics vs. Probiotics
Book Mentioned:

Attracting Perfect Customers: The Power of Strategic Synchronicity
by Stacey Hall

To get in touch with Colleen:
Facebook: https://www.facebook.com/Ottawa-Integrative-Health-Centre-102885039802919/
Website: https://oihc.ca/

Using Strategic Financial Decision Making to Build Your Wealth

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | Android | Email | TuneIn | RSS | More

Brian Hogben’s focus is to help people realize the benefits of using real estate as a wealth-building strategy. Clients speak highly to others about his dedication and have them proud to tell friends and family, “call Bri, my mortgage guy!”  Please be advised that this episode does contain some explicit content.

Guest: Brian Hogben, Real Estate Investor

Brian Hogben began as a financial advisor and mortgage development manager for Scotiabank and as a Canadian Mortgage Professional has ranked among the top 75 mortgage brokers, and in 2015, was awarded the Best Newcomer.

With his over 15 years of experience, he navigates the mortgage process with ease and expertise. Brian started Mission 35 Mortgages in honour of his Dad who taught him a lot about money and also recognizing his own personal goal of paying off his mortgage by age 35 which he was able to do. The company’s focus is to help people realize the benefits of using real estate as a wealth-building strategy. 

Brian prides himself on doing business not through conventional marketing and advertising, but through referrals. This has been a trademark of his for many years and he is proud to have his clients speak highly to others about his dedication and have them proud to tell friends and family, “call Bri, my mortgage guy!”

In this episode learn about: 

– Appreciating financial security
– Importance of strategic property selling
– How to get started in real estate investing
– Credit and financial tips to get a great credit score

To get in touch with Brian:
EMail: info@mi35.ca
Telephone: 905-574-5255
Website: mission35mortgages.com
Facebook: https://www.facebook.com/Mission35Mortgages/
Instagram: https://www.instagram.com/mission35mortgages/
Twitter: https://twitter.com/Mission35M
YouTube: https://www.youtube.com/channel/UC2dgtMpuTsl3V6ylucgPZug
LinkedIn: https://www.linkedin.com/company/mission35/about/

Using Business Synergies to Build a Real Estate Portfolio

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | Android | Email | TuneIn | RSS | More

Andrew Cigna is a business owner and real estate investor with three single-family properties that he co-owns and runs with family and partners that they are looking to convert into multi-family units.  This is a little easier for Andrew than most investors as he runs a construction company and this helps when he comes across unexpected challenges with projects.

Guest:  Andrew Cigna, Real Estate Investor and Business Owner

Andrew Cigna is a business owner and real estate investor with three single-family properties that he co-owns and runs with family and partners that they are looking to convert into multi-family units.  This is a little easier for Andrew than most investors as he runs a construction company and this helps when he comes across unexpected challenges with projects.

Originally from Toronto Andrew now lives, works and invests in Hamilton. As the co-owner of a construction business going forward he is looking to get Tarion certified so he can start to build new homes utilizing the eco-friendly and sustainable products and approach that he is passionate about.

In addition to the two construction focused businesses, Andrew also runs a property management company with his brother which suits his people-loving personality.

– Challenges and benefits of converting  single homes to multi-family units
– Planning and managing a property conversion project
– Construction tips and insights
– What to look for in property management
– Getting comfortable with networking

To get in touch with Andrew:
Instagram:  www.instagram.com/andrewj.cigna/
Twitter: twitter.com/andrewcigna

https://www.nfpaproperties.com/
https://www.nfpagroup.com/
https://www.corkco.ca/company

Success through Creative Solutions, Optimization and Perseverance

Adam Martin, Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

Podcast: Play in new window | Download

Subscribe: Apple Podcasts | Spotify | Android | Email | TuneIn | RSS | More

In 25 short years, Adam Martin has had the opportunity to see over 17 countries and driven the entire West Coast from Whistler all the way through California and Death Valley. He holds an honours degree in International Business Management (BBA), has been a partner in three start-up small businesses, and travelled professionally through Alberta, Saskatchewan, and Manitoba as a door-to-door salesperson. Currently, Adam is the Vice President of Sales for Control Your Property, a cloud-based property management software tailored specifically for Ontario landlords. 

Guest:  Adam Martin, Real Estate Investor

In 25 short years, Adam has had the opportunity to see over 17 countries and driven the entire West Coast from Whistler all the way through California and Death Valley. He holds an honours degree in International Business Management (BBA), has been a partner in three start-up small businesses, and travelled professionally through Alberta, Saskatchewan, and Manitoba as a door-to-door salesperson. Currently, Adam is the Vice President of Sales for Control Your Property, a cloud-based property management software tailored specifically for Ontario landlords. 

 
At 24, Adam quit his job to become a full-time real estate investor working with Matt McKeever and Jeff Wybo. With very little capital and little borrowing power, Adam was forced to get very creative in how he sourced and funded his first deals. 
 
Adam’s first deal was executed with a 96% VTB (vendor take back) at 3% for 13 years; the remaining 4% he borrowed as a second mortgage. This deal became a student rental and recently switched it to an Airbnb that he and his girlfriend house hack, allowing him to live for free while still producing cash flow from the building. 
 
Having no money tied up in his first property and no borrowing power used from the banks’ perspective, Adam was then able to raise $80,000 and joint venture on a 4 plex in London with partners who had been following him on Instagram over a 6 month period, silently observing. Thanks to strategic renovations and a great purchase price resulting from a private deal, this project represents a perfect BRRRR situation; the money invested will be refinanced leaving $0 in the deal. 
 
Adam has spoken on various stages over the last 12 months about real estate investing and financial independence and is using that approach to achieve this himself through a combination of multiple compounding strategies.
 
Strategies and tactics Adam has used include, Wholesaling, Vendor Take-Back Mortgages, Cashback on Closing, Airbnb, Student Rentals, BRRRR, Private Lending, Private Mortgages. 
In this episode learn about: 
– The VTB (vendor take back) process
– How mentors and networking can help you succeed
– Tips on house hacking
– Using the power of social media
– Effective time management using optimization

To get in touch with Adam:
Website: linktr.ee/adamjdmartin
Instagram: @adamjdmartin
Facebook: https://www.facebook.com/adam.jeffrey.3958