Monthly Archives: August 2021

Landlord & Tenant Challenges In Ontario in 2021 – a Paralegal Perspective

August 26, 2021Podcastpodcastthereiteclub

Guest: Anika Helen, Paralegal

Anika shared a lot of insider information about the current situation with landlords and tenants in Ontario. Laurel and François were able to ask some interesting questions like tenants not moving out of a house that has been purchased for private use, eviction bans, and much more. Applications at the Ontario Landlord & Tenant Board now take 18 to 20 months for a hearing. This is why you need an expert on your side! Illegal activity, fire hazards, and other safety issues can be addressed by the police. Otherwise, you need to call the LTB. Tune in to find what you can do when facing such issues in Ontario.

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

In this episode you will learn about:

What is a paralegal?
How can paralegals help you out?
Cost certainty
Landlord & tenant issues in Ontario
The importance of written agreements
The role of the sheriff
Patience is key

Get in touch with Anika:
Website: www.carsonlaw.ca
Email: anika@carsonlaw.ca

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/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com

Investment Opportunities In Edmonton

August 19, 2021Podcastpodcastthereiteclub

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Guest: Melissa Shymko, realtor and real estate investor

Melissa is a very astute investor and realtor! She shares with Laurel and François a lot of tips on where to invest and what to look for if buying in Edmonton. Something to consider is where to put the snow… The city of Edmonton is very investor-friendly. With no land transfer tax and lots of opportunities to add secondary suites, Melissa helps many long-distance investors find deals in the Edmonton area. Landlord and tenant laws are very landlord-friendly which is a big plus for investors!

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

In this episode you will learn about:

Being a mom, realtor, and investor
Good areas to invest in and around Edmonton
Self-managing for success
Market-specific strategies
In 10 years built and paid off her dream home
Freedom to enjoy time with the family
Best tips to get started investing in Edmonton and Alberta

Get in touch with Melissa:
Website: www.melissashymko.ca
Email:melissa.shymko@outlook.com

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

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

BM Select – https://bmselect.ca/

Moving to Costa Rica While Maintaining Their Canadian Businesses!

August 16, 2021Podcastpodcastthereiteclub

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Guests: Rob Break and Natasha Cultraro, Real Estate Investors

This episode is very different! It’s a live podcast where our guests were able to share about their experience moving to Costa Rica with their families!

Rob decided to leave as the second lockdown was happening so that his children would be able to enjoy a more normal life. Natasha had been planning this move for years and the pandemic did help to speed things up.

They both spoke about tips and tricks to make it easier and what to look for when buying a property abroad. Rob has chosen to focus on slow flips and Natasha has purchased a turn-key, brand-new construction. She’s also planning to build a custom home in the near future.

Tune in to find out more and see if you also want to live the Pura Vida!

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

In this episode you will learn about:

What to look for when buying in Costa Rica
Pros and cons of various provinces
How to finance properties in Costa Rica
Where are the opportunities?
Why would you want to live there?
The lifestyle you can expect
Turn-key new build or fix and flip?

Get in touch with Rob Break:
Email:Rob@mrbreakthrough.ca

Get in touch with Natasha Cultraro:
Email: natasha@icpmpros.com

Ready to find out more about investing in Costa Rica? Be sure to register for our upcoming Lunch N Learn – Exclusive! – Costa Rica Multi-Development Opportunities!

The REITE Club has been provided with special access to this investment opportunity that will only be shared on the LIVE call.
There will be no recording or replay and we are expecting this offer to be acted on very fast so do not miss out.
Register now to attend the live call on Thursday 19th August at 12 noon EST
https://us06web.zoom.us/webinar/register/WN_PhzlDs1FSKWcPVABIDk4XA

The Creative Lawyer – Bespoke Agreements and Service for Ontario Investors

August 12, 2021Podcastpodcastthereiteclub

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Guest: Milena Cardinal, Lawyer & Real Estate Investor

Milena’s story is very inspirational! A lawyer, real estate investor, and mom, she leads a busy life and is building a substantial portfolio of over 25 doors. She’s been through many ups and downs over the years. Taking on flips and balancing family life was difficult. However, with proper systems in place and a solid power team, Milena and her husband are now much better positioned for growth.

Being a landlord can also be quite challenging and have been dealing with some tenant issues. Milena’s law practice is very modern with fully digital services. She works with investors across Ontario for private lending, Joint Ventures, bare trusts, trust agreements, closing deals, assignment contracts, wholesales, private sales, and of course, looks after wills and secondary wills! Listen to the full episode for some golden nuggets.

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

In this episode you will learn about:

Being a lawyer and a real estate investor
Challenges led to more REI
Creative ownership and financing
Started in 2014
Networking for success
Leaving work to focus on deals
Focuses on multifamily

Get in touch with Milena:
Website: www.cardinallaw.ca
Email:mcardinal@cardinallaw.ca

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/

When Is the Right Time to Leave Your Job and Become a Full-Time Investor?

August 5, 2021Podcastpodcastthereiteclub

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Guest: Michael Ponte, Real Estate Investor

With over 20 years of experience, Michael shared how he began and how he grew. He started out without any plan and slowly grew to realize that he now had two full-time jobs… He chose to quit his full-time job to become a real estate investor and to scale. After buying about 5 properties, the banks started saying no and that’s when he entered the world of JVs. You make the money on the buy! Cash flow is king…