Monthly Archives: February 2022

Flipping Over 16 Properties in One Year



In this episode you will learn about:

  • Started investing in 2014 as a new Canadian
  • How to keep pulling equity and the power of cash flow
  • Losing a job and becoming a full-time REI
  • Financial freedom and freedom of location
  • Flipping in Ontario to create wealth
  • Buying properties that no one else will touch

Guest: Chris Herlin, Real Estate Investor & Entrepreneur

Chris started BRRRRing properties and when he got to 4 properties, he started getting limited by lenders. Eventually, he got into flips and partnered with private lenders to finance his project and build his cash reserve to keep going. All his flips and BRRRRs are in smaller towns in southwestern Ontario: St. Thomas, Strathroy, Stratford, etc. When looking at property, Chris focuses on wholesale deals. High equity from the very beginning, highly distressed homes that need a lot of work. Chris had a 90-day plan to quit his job which ended up happening at a time when he didn’t need his salary as much. He then transitioned into full-time investing and worked very hard at building his business.

Get in touch with Chris:
Website: http://www.domally.com/
Facebook: https://www.facebook.com/cherlin1984

This episode has been brought to you in part by
Private Buyers – https://privatebuyers.ca/

Sarah Larbi – https://sarahlarbi.com/

BM Select – https://bmselect.ca/

The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/


An Investor’s Journey: The Evolution Over 15 Years



In this episode you will learn about:

  • Special assessments in condos
  • Duplexing single-family homes
  • Rent-to-own strategy
  • How investing was back in 2005
  • Transitioning to multi-family
  • Self-managing your portfolio

Guest: Elizabeth Kelly, Real Estate Investor & Coach

Elizabeth has over 15 years of real estate investing experience, Elizabeth Kelly has a passion for helping people achieve their financial dreams through the purchase of investment properties. She specializes in the acquisition and management of Rent to Own and multi-unit residential properties.

Elizabeth shared how she started out buying single-family homes in the early 2000s. She now focuses on larger multi-family properties, does private lending of her registered funds. She’s also invested out of province and in northern Ontario. Her favourite investment technique is rent-to-own due to the fact that it helps a person. As for seeing results, flips are very exciting and make investing fun. Elizabeth’s strategy has always been to focus on cash flow. She even went as far as moving to northern Ontario where she owns quite a few properties. Property management was very difficult to find so she moved there to build her own team. Elizabeth is passionate about coaching investors and a percentage goes to property management and other items. 

Get in touch with Elizabeth:
Website: http://ekconsulting.ca/
Facebook: https://www.facebook.com/EKConsulting.ca

This episode has been brought to you in part by
Elevation Realty – http://www.elevationrealty.ca/

Black Jack Contracting – https://blackjackcontractinginc.ca/

BM Select – https://bmselect.ca/

The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/


From Police Officer to Real Estate Developer



In this episode you will learn about:

  • Investing in real estate vs. just spending your money
  • Buying a house for others while still being a tenant yourself
  • Simple solutions to investing
  • Good old business sense
  • The BRRRR strategy to build a real estate empire
  • What to look for when considering development

Guest: Jason Boccinfuso, Real Estate Investor & Developer

Jason is a serial entrepreneur and seasoned investor. It all began when he was a very young police officer. He was introduced by another police officer to the world of real estate investing. Jason started out buying single-family homes, over 150 of them in only 3 years. He then started selling them off to buy multifamily buildings to increase efficiencies. Eventually, he saw opportunities in the field of development. Instead of looking for deals, he started creating his own deals. Having the right people on your team has been instrumental to Jason’s success. Surround yourself with the experts and don’t let go of them. Find the people that are already doing what you want to do and do the same. Only take advice from experts doing what it is you’re setting out to do. 

Get in touch with Jason:
Website: https://www.viewallgtahomes.com/

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/

The show notes are brought to you in part by Building Stack, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/


How Financial Literacy and Stock Options Led to Real Estate Investing



In this episode you will learn about:

  • Focusing on transit-oriented
  • How to mitigate risk in land development
  • It’s all about relationships
  • What does the city support?
  • Go with the flow to scale up
  • The importance of the city’s official plan – it’s a treasure map!
  • Look for areas meant for intensification

Listen to the full episode now https://thereiteclub.com/en/knowledge-cache/listen/podcast

Guest

Omar Khan, Theta Trading

In this episode
Omar shared how he scaled to 37 properties in a very short period of time. He started out in 2010 and just bought locally. He started with pre-construction properties. The cash flow was terrible and then he learned about cash flow and its importance. Omar started out strong and eventually, he shifted to smaller multi-family and eventually commercial. He focused on the BRRRR strategy. As prices were rising, it became harder and harder. The ability to identify the opportunity is the key to successful investing. Omar shared how he analyses stock options. He focuses on companies he enjoys that have a good impact on the world. Having an open mind regarding investing is essential to your success.

Omar’s career spans more than 15 years in financial services. Starting out in the brokerage arm of a Big Five Canadian bank, he quickly rose through the ranks of the industry to AVP in a widely known mutual fund company. He then shifted his focus, becoming a full-time real estate investor and a derivatives trader. Omar holds a BA in Economics from the University of Toronto. He currently spends his professional life trading derivatives, building his real estate portfolio, and promoting the core values of Theta Trading. Omar Khan and his business partner and best friend, Matthew Todman, founded Theta Trading 2019.

Get in touch with Omar:
Website: https://thetatradingco.com/
Email:
info@thetatradingco.com

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, our official digital signatures provider. Building Stack is a flexible property management platform built in Canada. Sign documents and leases faster with their new digital signature add-on! Special REITE Club discount to get started today! https://www.buildingstack.com/