Monthly Archives: April 2022

What Borrowers Need to Know

April 29, 2022Podcastpodcastthereiteclub

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Guest: Konstantin Kuligin, Mortgage Broker & Real Estate Investor

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

In this episode you will learn about:

The true cost of borrowing money
4 stages of Real estate investing
4 types of Lenders
Building connection with Banks
Criteria in Lending
5 Simple ways to do Real-Estate Investing

Get in touch with Konstantin Kuligin
Email: kk@konstantinkuligin.com

Konstantin is a real estate investor located in western Canada. Originally from Russia, he moved to Canada to start his real estate career. Konstantin started out with nothing and quickly acquired 4 properties, which soon became 12. He got his mortgage license and started lending money right away.

In this podcast episode, Konstantin discussed what it costs to borrow money, the four types of lenders, and the criteria for lending. He also discussed the various stages that real estate investors go through and simple ways to start real estate investing. Moreover, he shared the advantages of using ‘cheap’ money from banks and earning their trust to get a mortgage approved. He also shared how to become a private lender and grow from there. Tune in to learn from a very accomplished young investor.

This episode has been brought to you in part by
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! www.buildingstack.com

The Advantages of Growing your Network

April 22, 2022Podcastpodcastthereiteclub

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In this episode:

How to acquire multifamily properties
OPM – Other people’s money
Cash flow opportunities
Property management
Growing your connections through Social Media
Challenges in real estate investing

Guests: Jennifer & Stephane Brouillette, Real Estate Investors

In 2011 Jennifer & Stephane decided to explore and get into real estate investing. Jennifer worked with a realtor who is also an investor and got interested in real estate investing from then on. That same year they refinanced their home and purchased two more properties. This amazing power couple discussed their humble beginnings in real estate investing and how they faced various challenges. One of their best properties is a flip that didn’t go well. They pivoted and kept the property and are still enjoying it. They also shared the benefits of growing your network, maximizing OPM, and having good property management. Listen to the full episode to find out how you could do the same

Get in touch with Jennifer & Stephane:
Email:jennifer@lakecityrealty.ca

This episode has been brought to you in part by

Private Money 4 Mortgages – https://privatemoney4mortgages.com/
Black Jack Contracting – https://blackjackcontractinginc.ca/
BM Select – https://bmselect.ca/

Investing in Real Estate as a Couple and as a Team

April 14, 2022Podcastpodcastthereiteclub

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In this episode, you will learn about

On-market and Off-market Strategies
Result of Consistency and Compound effect on Business
Identifying your Roles, Goals, and Timelines
Power Teams
Hiring a Property Manager
Challenges in the Scaling Process
Resources for REI & Investing in Coaching Programs

Guest: Brandon and Carolina, Real Estate Investors

Brandon & Carolina Jimenez started investing about two years ago. They flipped the house they were living in and moved onto investment properties. For Brandon & Carolina to generate income, they jumped into a coaching program and saw themselves take off from it. They Focus on the BRRRR strategy and also do flips. They’re expecting their portfolio to yield about $600,000 in rental revenues by the end of the year.

In this episode, Brandon and Carolina discussed how they make the most out of on-market and off-market strategies. they also shared the result of consistency and the compounded effects on their business. This power couple also shared their challenges in the scaling process, how they surpassed these challenges, and what actions they had to do to overcome these challenges. Tune in to learn about the resources they use to increase their knowledge in Real estate investing.

Get in touch with Brandon & Carolina:
Email: info@medaloproperties.com
This episode has been brought to you in part by
Elevation Realty – http://www.elevationrealty.ca/REI Branded – https://reibranded.com/
BM Select – https://bmselect.ca/

When Real Estate Investors Need To Make Tough Decisions

April 8, 2022Podcastpodcastthereiteclub

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In this episode, you will learn about

Benefits of due diligence
Re-deploying capital
Where to spend money wisely for 3rd party verification
The right power team
BOF -business owner first
When is the right time to let go of your service provider
Importance of tracking your costs

Guest: Claire Drage, Mortgage Broker
Claire Drage is a mortgage broker and the CEO of The Windrose Group, which specializes in working with real estate investors. She loves the idea of smart capital, which is one of the key factors to her success. The Windrose Group can help investors with everything ranging from 100% financing for BRRRRs, flips, and much more. Her team can also help investors looking for passive income through the power of private lending.

In this podcast interview, Claire, Alfonso, and Sarah had a thorough discussion on some of the tough decisions that real estate investors have to make. Along with this discussion, Claire also focused on the utmost importance of thorough due diligence. What it can do to your business, and how it can help. Another information nugget was focused on how to spend money wisely for your 3rd party verification. And, how to pick the right power team as well as when is the right time to let go of your current service provider.

Get in touch with Claire Drage:
Email: hr@thewindrosegroup.ca
This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/
BM Select – https://bmselect.ca/

How To Get Into The World of Private Lending

April 1, 2022Podcastpodcastthereiteclub

Podcast: Play in new window | Download

In this episode, you will learn about

Interest rates for private mortgages
Terms for mortgages
How to get private money for beginners
What investors should consider before availing of private money
When is private money not a good idea
What lenders are looking for
Exit Strategy for Investors

Guest: Susan Flanagan, Real Estate Investor

Susan Flanagan is a seasoned investor. Along the way, she started to lend her own money to different people for mortgages which was a success. Susan got her broker’s license and set up her brokerage. She used her private money for mortgages to specialize in private lending.

In this podcast interview, Susan, Alfonso, and Sarah had an in-depth analysis of private lending/private money. Susan discussed the terms and interest rates for mortgages. She also tackled what investors should consider before pursuing private lenders for their investments, which gives insight to investors looking forward to investing in properties. Susan shared insights for beginners looking to borrow privately. She also spoke about what lenders are looking for when reviewing applications, and the importance of exit strategies for investors. Tune in for tips from an industry leader in the world of private financing.

Get in touch with Susan Flanagan:
Email: office@privatemoney4mortgages.com

This episode has been brought to you in part by
Private Money 4 Mortgages – https://privatemoney4mortgages.com/
Legal Second Suites – https://legalsecondsuites.com/
BM Select – https://bmselect.ca/

The REITE Club - Real Estate Investing Training and Education

Insights and education from leading real estate and money experts from across Canada.

Monthly Archives: April 2022

What Borrowers Need to Know

The Advantages of Growing your Network

Investing in Real Estate as a Couple and as a Team

When Real Estate Investors Need To Make Tough Decisions

How To Get Into The World of Private Lending