Monthly Archives: April 2021

Incorporation 101: When & How to Incorporate

April 29, 2021Podcastpodcastthereiteclub

Guest: Ryan Carson, Lawyer & Founder of Carson Law

Real estate investors always ask, when should I incorporate? What needs to be included in a corporation? How can I get the advice I need to set myself up for success? In this episode, you will learn the ins and outs of incorporating for a successful real estate business. Ryan also discusses family trusts and other company setups. Make sure you treat your real estate investing as a business and plan accordingly.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about:

The importance of having a power team when incorporating
10+ units vs. single-family, may need a new power team
Tax planning for efficiency
The major advantages of corporations
How to set up your corporation
Family trusts
Shareholders vs. Officers vs. Directors

Get in touch with Ryan:
Website: https://www.carsonlaw.ca/
Phone: 905-336-8940
Email:info@carsonlaw.ca

This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/

Elevation Realty – http://www.elevationrealty.ca/

BM Select – https://bmselect.ca/

Having the Right Team Saved the Deal

April 22, 2021Podcastpodcastthereiteclub

Podcast: Play in new window | Download

Guest: Erik Doyle, Realtor & Real Estate Investor

Erik started with a flip he bought from a wholesaler. Unfortunately, he found out it was flea-infested and that it would take 3-4 months to clean-up the property. He learned how carrying costs and hard money is expensive. However, thanks to his network and his power team he found that hard money can help you scale and if well managed can help you grow quickly. His biggest tip is “consistent effort is required for sustained growth.” Sales skills are also essential to become a realtor or real estate investor.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about:

Used to work at a full-time job dreaming of F.I.R.E.
Now an investor-focused Realtor
Stefan Aarnio’s influence
Started 2 years ago and is now very successful
The pitfalls of buying for a flip
The importance of your network
Hard money for flips

Get in touch with Erik:
Website: www.elevationrealty.ca
Email:erik@elevationrealty.ca

This episode has been brought to you in part by
REI Branded – https://reibranded.com/podcast/

Private Buyers – https://privatebuyers.ca/

BM Select – https://www.bmselect.ca/

Delayed Gratification For Success

April 15, 2021Podcastpodcastthereiteclub

Podcast: Play in new window | Download

Guest: Robby Clark, Entrepreneur & Real Estate Builder

Resilience is of utmost importance to Robby’s success. He’s had major success and then lost everything but that’s when he grew the most. He invests in Northern Ontario and other flat markets where you can force appreciation & drive value. Robby also explained the importance of delegating to the right team. Don’t do everything yourself! Manage people and find where you add the most value.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about:

Robby owns several companies
The importance of having systems
4-6 hours of reading per day
Adapting for success
Start small & grow smart
Best work comes from challenging situations
Accountability to stay motivated
Cost per square foot to analyze deals

Get in touch with Robby:
Website:www.siddevelopments.ca
Email:robbywclark@gmail.com

This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/

JAAG Properties – https://jaagproperties.com/

BM Select – https://bmselect.ca/

Macroeconomic Outlook & Regional Analysis for Real Estate Investors- Part 2 Q&A

April 8, 2021Podcast, Real Estate, Real Estate Investingpodcast, real estate, real estate investingthereiteclub

Podcast: Play in new window | Download

Guest: Robert Hogue, Senior Economist RBC

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode, Laurel was able to ask questions gathered from the REITE Club community about what the economy could look like in the next few months and years. As benchmark prices have risen for housing, the fear of missing out has grown even more causing an overheated market. Policies could be put in place by the government in the coming months to calm things down. RBC isn’t predicting a market crash but rather a possibly soft or harder landing with prices stabilizing. Canada had been sustaining a 30% growth in population and supply was way too low to meet demand.

Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 2 of 2 – the 1st part of this interview was an overview of the current market macroeconomic situation.

Listen to both episodes at https://www.thereiteclub.com/podcast

In the Part 2 episode you will learn about:

RBC is concerned about the market
The fear of missing out is fueling the madness
40% downpayment for investment properties could be considered
Canada could crackdown on investors to cool the market
Savings went to housing & the stock market
The roaring 20s – 2021’s version could lead to massive inflation

Find out more about Robert’s work:
Resources: http://www.rbc.com/economics/
https://thoughtleadership.rbc.com/

Listen to the full episode at https://www.thereiteclub.com/podcastThis episode has been brought to you in part by
White Elm Design Build – https://www.whiteelmdesignbuild.com/

Macroeconomic Outlook & Regional Analysis for Real Estate Investors

April 1, 2021Podcast, Real Estate, Real Estate Investingpodcastthereiteclub

Podcast: Play in new window | Download

Guest: Robert Hogue, Senior Economist RBC

The ownership market and rental markets have changed tremendously during the pandemic. Canadians have been saving more than ever and those on the higher end of the economic scale are faring much better than before while those on the lower end are suffering much more. Affordability and pricing increases are happening all over the country. It used to be only in large markets but now it is happening in small towns and a major shift is taking place.

Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 1 of 2 – the 2nd part of this interview will be a Q&A with questions from The REITE Community.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about: