What would you do to get started in real estate? Would you take action or end up with analysis paralysis and not start at all? This week’s guest Francois Lanthier, Real Estate Investor decided to take action by living in his own flip projects. He did this on 3 different occasions over 6 years and then decided to make a change to the long term wealth creation strategy of multi-family.Francois provides insights and advice on how to scale your portfolio. He also shares how he has involved his family with real estate investing and that his kids are excited to get started when they are able. His main message is that you need to have a strong why to help you through the hard times and taking action by starting with one house and going from there.
In this episode you will learn about:
– Mortgage options and strategies for flips
– Financing tips for multi-family properties
– Strategies for approaching buyers with VTBs
– Tips for involving the family
– Self manage vs. property management
– Strategies for finding and dealing with tenants
– The 1% Rule
François Lanthier has been investing in real estate for the past 15 years but with a much heavier focus in the past 2 years after discovering the REITE Club. His portfolio is mostly centred around secondary markets where he’s found the ROI to be exceptional. He now has several multi-unit properties and in different provinces.He is an experienced Marketing and Communications professional with a demonstrated history of working in various industries such as real estate, interior design, consumer goods, professional services, healthcare and much more. He is skilled in Search Engine Optimization (SEO), Sales, Management, Business Development, and Social Media, SEM and email marketing through automated campaigns on Pardot and MailChimp.
Together with his wife and children, he’s building generational wealth with his company FL Homes Corp (Famille Lanthier Corporation).
Guest: Robby Clark, Real Estate Investor & Entrepreneur
What would you do if you were a teenage actor and lost all of your money? Would you feel sorry for yourself and give up, or would you try to get back on your feet? Well, this week’s guest Robby Clark, Real Estate Investor and Entrepreneur, decided not to give up. He ended up making all his money back again by waiting tables and then getting introduced to real estate investing.
Robby provides insights and advice on how to build your portfolio from nothing and how to decide which markets to invest in. His story is very motivational and highlights perseverance to the core. Robby’s main message is to get started, set high goals, and don’t ever quit.
In this episode you will learn about:
– How did you go from a teenage actor to building a real estate business?
– Importance of building a great team
– Advice on coping with naysayers
– Insights on the ups and downs of the economy
– The determining factors for investing in a market
Robby Clark grew up in the entertainment business and was a teen actor growing up. He ended up losing all of his money so he paid his dues and waited tables. Then he discovered the power of real estate investing in his early twenties and never looked back. He now has 250+ doors and focuses on finding undervalued homes, renovating them and recouping the value at the end.
As the owner of Sid Developments, Robby leads a network of companies & JV partnerships dedicated to redeveloping & improving small emerging cities across Ontario. They focus on finding undervalued assets, legalizing inefficiencies, and performing medium and major restorations.
Canada’s need for housing and support outside of its large cities is one of the most significant investment opportunities in the modern era. With philanthropic aid to raise cities from a depressed state, Sid Developments provides stability and support to citizens, property owners, renters, business owners, and municipalities. In short, they purchase and encourage others to buy in areas where the project cost is less expensive than the build cost.
Guest: Bruce Outridge, Author, Speaker, Podcaster, and Television Host
Great branding and marketing strategies are the most important aspects of starting a business. In addition, your “why” is the most important aspect of your business. In fact, it can actually make or break your business. This week’s guest, Bruce Outridge, Author, Speaker, Podcaster, and Television Host, provides insights and advice on marketing strategies, content creation and podcasting.
His main message is that thinking outside of the box will help separate your business from other similar businesses and keeping it real and genuine is very important because people see right through that and you won’t get very far.
In this episode you will learn about:
– Where do the ideas come from?
– Different types of marketing
– Tips on thinking outside of the box
– Branding insights and advice
– The different ways to make money on podcasts
– Podcast editing tips and tricks
Bruce Outridge’s services include: helping people be more creative, content marketing, art entertainment for events, and inspiration for people to help them create the lives they want. He does this through his podcasts, books, articles, television show, and as a motivational speaker.
When your inspiration is drawing, writing, and speaking it can only lead to a person being creative and possibly even a motivational speaker. Bruce started drawing at the age of 10 years old and had to learn it on his own as he found art classes at school didn’t include drawing instruction. In fact, he used to get detentions in school for what he now charges hundreds of dollars for an hour in his art business.
At 16, Bruce’s passion for drawing turned to driving and he fell in love with the process. He spent 25 years driving transport trucks across North America which taught him more about dealing with people than school ever did. Bruce still works very closely with the trucking industry speaking on business and careers for the industry. In fact, he has his own podcast for truck drivers called The Lead Pedal Podcast for Truck Drivers.
At the age of 40, Bruce went back to school and that kicked off his entrepreneurial career. He learned creative writing, marketing, business, and he uses all of those skills in his business today. Since starting his art business back in 2003 on a part-time basis, Bruce took it full time in 2006 and stopped driving trucks. Since that time he has created comic books, built an art business, expanded into a consulting business, and now as a professional speaker.
Guest: Ryan Carson, Real Estate Investor and Lawyer
Let’s face it, succession planning and estate planning are the last things on investors’ minds as they scale their portfolios. Though one thing is for certain, no one lives forever so it is very important that you protect the assets that you worked so hard to acquire to secure your family’s financial future. Otherwise, the government and taxes could step in and take a huge chunk of that future.
This week’s guest, Ryan Carson, Real Estate Investor and Lawyer, provides insights and advice on how to plan your portfolio and succession plan at the same time. Also, Ryan discusses how change is the only constant in life and in order to stay in control and up-to-date, you need to have a proper lawyer and accountant on your power team so they can help you minimize any impacts on your family down the road.
In this episode you will learn about:
– Defining succession planning
– Personal vs. Corporate wills and their benefits
– Where to start if you are in the growth phase
– What happens if there is a conflict between a personal will vs. a corporate will
– The steps of estate administration
– How often should you review wills?
Ryan Carson is the fearless leader of the Carson Law team, establishing the firm in 2013 after working for someone else for 6 years. An undergraduate of Acadia University, Ryan majored in Kinesiology with intentions of going into the sports business or becoming a pro sports agent. The only athlete he ever represented never made it very far and Ryan found his true calling was working intimately with people, families, and businesses. His main focus is in corporate law, wills & estates and real estate law.
One of Ryan’s greatest accomplishments is the fact that he has grown from being a one lawyer shop with only a single administrator to where he now oversees the daily operations at two law firms that employ over 20 people combined. However, Ryan is most proud of the beautiful family that he has built, consisting of his wife and two children.
Ryan can be considered the office philosopher as he often talks about finding the perfect work-life balance, which he pursues by filling his time away from the office with golf, hockey, baseball, time with family and on whatever beach he can find.