Monthly Archives: May 2020

How Goals Can Dictate Your Investing Strategy

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

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Tim Tsai is a full-time investor currently living in Edmonton, AB. He began his real estate career as a Rich Dad/Legacy student in 2010 and has been the advanced trainer for Lease Options in Canada.

Guest: Tim Tsai, Real Estate Investor, Mentor & Coach

Tim Tsai is a full-time investor currently living in Edmonton, AB. He began his real estate career as a Rich Dad/Legacy student in 2010 and has been the advanced trainer for Lease Options in Canada.

With years working in the corporate environment and experiences in running other traditional businesses, Tim knew there had to be “smarter” ways to generate income and create long-term wealth.

After attending Rich Dad Education’s 3-day basic training, he decided to take his financial future into his own hands with the enrollment of their largest training package. After a few core courses, Tim received a boost from mentorship and said “that’s when life really got put on the fast track!” As a result, he was able to not only pay for his entire training tuition with his 1st deal but also successfully exited the rat race 2 years after his first training.

In the past few years of his real estate investing career, Tim has worked in various Canadian and US markets using a variety of strategies – income properties in single- and multi-family units, lease options (both residential and commercial), bridge financing, rehab, wholesale, infill development, and mobile home parks, etc.

In 2017, with the network he’s built, Tim also started investing in the UK.

In this episode learn about: 

– What are lease options
– Finding your why
– Finding deals
– Raising capital tips
– What is OPM?

Building Systems & Relationships for Successful BRRRRs

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

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At 24 years of age, Austin has used his unique investment strategy to grow his real estate portfolio to over 7 properties. He began in September 2018 starting with an initial investment of $50,000, with holdings in Windsor and Toronto and now has over $2mil assets under management, generating over $125,000 in yearly revenue.

Guest: Austin Yeh, Real Estate Investor

At 24 years of age, Austin has used his unique investment strategy to grow his real estate portfolio to over 7 properties. He began in September 2018 starting with an initial investment of $50,000, with holdings in Windsor and Toronto and now has over $2mil assets under management, generating over $125,000 in yearly revenue. 

Austin started exploring the world of real estate investing after reading the classic book, “Rich Dad, Poor Dad” by Robert Kiyosaki. At the age of 23, he purchased his first property in Windsor, Ontario without having the right systems, teams, knowledge, or education in place. 

Putting his entire life savings in the investment, as well as borrowing money from his mother, father, and girlfriend, made Austin’s first real estate investment an extremely stressful experience.

Although the deal was still profitable, Austin learned from the mistakes he made in his first investment and decided to spend hundreds of hours and thousands of dollars building his real estate IQ with the help of some of the most respected Canadian real estate investors.

Fast forward and Austin has spoken in front of an audience of over 300 investors at one of the largest real estate conferences in Ontario and has founded the RISE Network which has grown to over 300 members and has attracted over 70+ attendees in the monthly events.

In this episode learn about: 
– Managing properties from out of town
– Organizing the renovation processes
– Hiring people and building a team
– 7 Degrees of Why
– Structuring Joint Venture Partnerships
 

Great Ways to Deal with Stress and Uncertainty

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

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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 the private industry.

Colleen has been 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: 

  • Managing stress levels
  • Sleep hygiene and sleep strategies
  • Whole foods and their benefits
  • Establishing routines
  • Power of meditation

Understanding Property Management From an Expert

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

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Georgio Kosmidis has been managing people and assets for over 21 years. He is a firm believer that people and assets go hand in hand, in fact the people you lead are your greatest assets. He is the President of Arthex Property Management, a third generation Property Management Firm serving the GTA since 1972. They manage various properties from single family homes, condos, multi residential and industrial properties in the Peel, Halton and Niagara regions.

Guest: Georgio Kosmidis, Real Estate Investor & Property Manager 

Georgio Kosmidis has been managing people and assets for over 21 years. He is a firm believer that people and assets go hand in hand, in fact the people you lead are your greatest assets. He is the President of Arthex Property Management, a third generation Property Management Firm serving the GTA since 1972. They manage various properties from single family homes, condos, multi residential and industrial properties in the Peel, Halton and Niagara regions. 

Arthex’s mission is to provide a “harmonious”, safe, and peaceful environment insuring a financially secure future for all of the corporations that they manage. Quality Service is not the main objective in the company, it is the “only” objective. They aspire to amaze their owners, members, clients and tenants with the highest level of management expertise. They place their highest value in the relationships they hold with each and every individual associated with their firm.

Arthex is proud to be an ACMO, CCI, and IHM corporate member and has successfully obtained the prestigious ACMO 2000 Certification which distinguishes professional property management firms. They are pleased to have an A+ Better Business Bureau Rating. Arthex Property Management has registered and is licensed by the C.M.R.A.O along with all its managers ensuring they are in compliance with the new and updated Condominium Act.

In this episode learn about:

– Property management
– Tenant communication
– What your property manager should be doing
– Managing your own property vs. managing with a property manager
– Screening clients

To get in touch with Georgio:
Website: https://www.arthex.ca
Phone: 905-340-0622
Toll Free: 1-866-573-3878
Email: info@arthex.ca