Monthly Archives: July 2021

How to get to 3 Properties Before Turning 30



Guest: Skyleigh McCallum, Realtor/ Financial educator.

Skyleigh accumulated a little bit of debt when first starting out in real estate. She eventually learned that she could refinance her property to pay off debt and help to save for the 2nd property.

She learned the BRRRR strategy!

Adding basement suites, using secured lines of credit and other creative financing strategies have helped her scale to 3 properties in a short period of time. Appreciation and especially forced appreciation have been the key to Skyleigh’s growth strategy. Skyleigh also helps her clients get into financial education through life insurance and various saving strategies.

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

In this episode you will learn about:

  • If you don’t know what career to choose, interview someone!
  • Having a power team to help you continue to grow and evolve
  • Investing in eastern Canada and in the USA for cash flow
  • Appreciation is great but not the end all be all
  • Combining real estate and financial education
  • Life insurance and the possibilities they offer
  • Helping people accumulate and protect assets

Get in touch with Skyleigh:
Website: https://skyleighmccallum.com/
Email:
skyleigh.mccallum@gmail.com

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

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

Private Buyers – https://privatebuyers.ca/

BM Select – https://bmselect.ca/


Buying a Condo Right Out of High School & Getting Started in REI



Guest: Amanda Renzella, Real Estate Investor

Amanda’s parents were instrumental in getting her started in the world of real estate investing. They pushed her to buy a condo that eventually led Amanda to buy a pre-construction townhouse. She used the equity in the condo to purchase the townhouse. And now, she’s able to use the equity in both properties to get to her next acquisition.

Amanda has been enjoying our podcasts and applying the content for the past few months and is quickly building her team and learning how to leverage her properties. Tune in to find out how you can get started!

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

In this episode you will learn about:

  • Starting right out of high school
  • Parent’s influence
  • Paid rent to parents after high school to save for a downpayment
  • Bought 1st place in downtown Mississauga
  • Looking for your next property
  • How to do it again?
  • Floods, insurance claims, and other challenges
  • Appreciation and refinancing for success

Get in touch with Amanda:
Instagram: @amarenz_
Facebook: Amanda Renzella
Email:
renzellaa@gmail.com

Listen to the full episode at https://www.thereiteclub.com/podcast
This episode has been brought to you in part by
Legal Second Suites – https://legalsecondsuites.com/

Elevation Realty – http://www.elevationrealty.ca/
BM Select – https://bmselect.ca/


How to Grow Wealth with the Right Priorities



Guest: Cody Yeh, Real Estate Investor & Stock Hacker

Cody came to Canada on a student visa. He quickly learned about stock options and real estate investing. His goal is to buy two apartment buildings this year. He partnered with his mom on his very first real estate deal. He then saved up the down payment through overtime hours to purchase his first property on his own.

In this interview, Cody discusses the fact that as you go up the corporate ladder, so does your stress level! More pressure and more pay… he wanted to get out and found creative ways to do so. He’s even looking at firing himself from his own company to focus on what matters the most to him: his family and friends. Tune in to learn how to prioritize for success.

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

In this episode you will learn about:

  • Motivation is everything
  • The importance of critical thinking
  • Working in a very competitive environment will forge your character
  • Using overtime pay to finance REI deals
  • Leaving a 6 figure income to become financially free
  • Building a power team 
  • The power of stock options

Get in touch with Cody:
Website:  https://www.codyyeh.com/free-webinars
Email:
cody@codyyeh.com

Sign up for Cody Yeh’s upcoming free webinar: https://www.codyyeh.com/free-webinars
Join Cody Yeh’s Stock & Options Fb Group: https://www.facebook.com/groups/StockInvestingCanadaUs
Subscribe to Cody Yeh’s Youtube Channel: https://www.youtube.com/CodyYeh/
Follow Cody Yeh on Instagram: https://www.instagram.com/cody__yeh/
More Cody Yeh’s interviews: https://www.codyyeh.com/interviews

This episode has been brought to you in part by
Building Stack – https://www.buildingstack.com/

Private Buyers – https://privatebuyers.ca/

BM Select – https://bmselect.ca/


How to Diversify Your Portfolio During A Crisis



Guest: Andrew Hines, Real Estate Investor

Andrew is an experienced real estate investor. He owns many student rental properties in Southwestern Ontario. With the current events, he’s been slowly divesting some of his properties to focus on new projects in Florida.

Tune in to find out some great tips and insights on how to manage a real estate portfolio during a crisis. Andrew is now looking at new development and buying empty lots. He shares how to choose the right lot and how to identify the right properties for BRRRRs. As Florida is seeing massive growth, there is also an enormous opportunity to invest.

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

In this episode you will learn about:

  • Hedging your portfolio against market fluctuations
  • What’s happening with student rentals?
  • Being ahead of the curve
  • How to offer a more unique rental property for higher cash flow
  • Now focusing on new constructions and BRRRRs in Florida
  • Acquiring opportunities during massive population growth in FL
  • How to switch out materials to keep costs down
  • Identifying the right land to buy

Get in touch with Andrew:
Website: https://www.andrew-hines.com/
Best Place to Contact: 
https://www.instagram.com/theandrewhines

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/


Lessons Learned Along the Way… How to Grow Your Portfolio and Build Generational Wealth



Guest: François & Jennifer Lanthier, Real Estate Investors

Jennifer and François started out dabbling in real estate. There was no plan… they were saving for down payments, using their own credit, and eventually hit a financing wall. They were focusing on secondary markets for higher cash flow and they didn’t pay attention to appreciation.

Eventually, they chose to enroll in a mentoring program to grow and start using OPM. At that point, they saw an opportunity in distant markets and they’re now investing in eastern Canada, northern USA and now looking abroad.

Another big lesson they learned is that bad property management can be VERY detrimental. It’s a very open conversation, tune in to find out more.

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

In this episode you will learn about:

  • Long-distance investing
  • How to get the whole family involved
  • Slow flips and other beginner strategies
  • How to apply lessons learned from a poor economy
  • Using a mortgage penalty as part of a down payment 
  • Joint Ventures for success
  • Mortgages – look at terms rather than just the interest rate

Get in touch with François & Jennifer:
Facebook:  https://www.facebook.com/FLHomesCorp
YouTube:https://www.youtube.com/channel/UCcPBtxhWjBkTVI2mhZkMWcQ
Email:flhomescorp@gmail.com

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

This episode has been brought to you in part by
Private Money 4 Mortgages – http://privatemoney4mortgages.com/Private Buyers – https://privatebuyers.ca/
BM Select – https://bmselect.ca/