Monthly Archives: September 2022

Financing, Pivoting and Looking at Luxury Developments in the US

Podcast guest, Jacob Perez, has been investing in the Hamilton, Ontario real estate market since he was 23 years old initially with single-family and duplexes and moving more into multi-family properties. He has also previously used the short-term rental strategy but now is more positive about the mid-term rental market. 

As a mortgage agent, Jacob stays up to date with the latest news in financing and shares what he is seeing and expecting when it comes to interest rate increases, how private money has not moved up as quickly, and what to look for if financing in the US.

Being always ready to pivot is one of Jacob’s rules and after having enjoyed the opportunity to buy a vacation condo in Florida he spent more time recently looking at the US market. He is now working on luxury development projects in Florida as well as continuing to invest in multi-family opportunities in Ontario looking to leverage some of the CMHC financing options. 

In this episode you will learn about:

  • From real estate investing to mortgage brokerage
  • Nuances of investing in the US and US financing options
  • Be ready to pivot as markets change
  • Midterm rentals versus short-term rentals
  • Impact rising rates are having
  • What’s happening in the private money market
  • What are trigger rates and how are they affected
  • Extending mortgage amortization 

Jacob Perez has been investing in the Hamilton, Ontario real estate market since he was 23 years old. Leveraging his early success, he began partnering with families and professionals in the Greater Toronto Area (GTA) to complete joint venture real estate transactions.

He is now working on luxury development projects in Florida and continues to keep an eye on local markets as things change. Jacob works as a Mortgage Agent with Synergy Mortgage Group, a role that allows him to assist investors and first-time homebuyers leverage real estate.

Get in touch with Jacob Perez:
Instagram: @jacobperez10

This episode has been brought to you in part by
Paul Copcutt –
Mid-Term Rentals –
BM Select –

Lessons From Becoming a Full-Time Real Estate Investor

When they get started in real estate investing, the dream for many is to quit their 9-5 and become full-time investors and customize their lives. But how can you do that confidently and successfully? 

This week’s podcast guest, Jared Henderson was able to flip a property in January this year which gave him the cushion to take that step after 10 years of building his portfolio to 23 doors.

In this episode Jared shares his journey, his focus on student rentals and how he has switched his approach with the recent market downturns and rising interest rates. He also shares the importance of not only being able to analyze a property for one strategy but ensuring you have a plan B with such a volatile environment that is likely to be around for a while. 

In this episode you will learn about:

  • Getting started in real estate investing and growing to 23 properties
  • The changing student rental market 
  • How to address non-cash flowing properties
  • Going full-time into real estate investing
  • How to analyze a flip in today’s market
  • Delegating non-business building tasks
  • The balance of education and taking action
  • Networking and investing remotely

Get in touch with Jared Henderson

This episode has been brought to you in part by
Black Jack Contracting Inc –
Paul Copcutt –
BM Select –

What the Latest Interest Rate Changes Mean for Investors

On September 7th the Bank of Canada again raised interest rates, perhaps higher than many people expected. They also indicated that they were not finished when it comes to raising rates further.

What does this all mean for real estate investors?

In this special recording from a recent webinar, Daniel Patton of Butler Mortgage outlines the impact this most recent rate increase will have and perhaps what additional rate rises may mean. 

In this episode you will learn about:

  • Stress tests and qualifying rate changes
  • Commercial rate considerations
  • Fixed versus variable rates – which one to choose?
  • Why fixed rates may be cheaper than variable
  • 3% and above means a high risk for the banks 
  • What is a trigger rate and how to calculate it
  • What does an investor do right now?

Daniel Patton is the co-owner of BM Select and has been helping Investors scale their Real Estate Portfolio for over 15 years. BM Select is the # 1 Mortgage Brokerage for volume for the last 5 years, and in 2021 they funded over $600M in mortgage transactions. BM Select continues to be the industry leader for Investors when it comes to buying and selling real estate. 

Daniel was born and raised in Mississauga Ontario Canada and grew up playing competitive sports and music while spending some time at school as well. Daniel suffered from ADHD as a child but often says that it has helped shape his career, and in many ways taught him how to be successful in business and as an investor. He has been involved in mortgages since 2003 and his team routinely ranks among the Top 20 Mortgage Agents across the country.

Get in touch with Daniel Patton:
905.569.8326  ext 112

This episode has been brought to you in part by
Black Jack Contracting Inc –
Private $ 4 Mortgages –
BM Select –

Discipline and Mindset Equals Success in Real Estate Investing

By her own admission, Victoria Cluney made slow progress initially in real estate. But a combination of forcing functions and making the right connections her portfolio has not only grown but the size of projects she is investing in has increased.

In this episode, Victoria shares the lessons and opportunities that arose from losing a deal that had her in tears and how that set her on a path to a deal now that involves a greater level of complication and learning, setting her up for the next level.

In this episode you will learn about:

  • Expertise versus confidence
  • Flipping the switch to ‘What if you can?”
  • Getting into real estate investing accidentally at age 22
  • Taking on bigger and scarier projects
  • Facing discomfort and moving forward
  • Jumping into social media
  • Lessons learned from failure
  • Bigger returns than money

Follow and get in touch with Victoria Cluney:


Victoria Cluney has been investing in real estate for over 17 years. She currently lives in Ottawa, ON; however, specializes in the Nova Scotia market where she has built a dependable team spanning across the province. 

With over 20 years of service in the Canadian Armed Forces, a soon-to-be Masters of Psychology and a high-level athletic background, Victoria blends lessons that she has learned within the military, schooling and sports to promote discipline, health, fitness, and mindset in both business and in life. 

Passionate about networking and connecting with others she is also a co-leader for the real estate investHER monthly meetups in Ottawa. 

This episode has been brought to you in part by
Legal Second Suites –
Paul Copcutt –
BM Select –

Working with an Educational Contracting Company

Renovations can make or break a real estate investment property and there are a number of factors that will contribute to that. The overarching factor though is to work with a contractor who has the experience AND the honesty to quote a project that not only works with your budget but also ensures you come out with a profitable conclusion.

Our podcast guest this week, Jon Tenbrinke of Black Jack Contracting, was the youngest ever Master Electrician in Ontario and this drive and desire to be the best at what he does has transformed his company to be one of the most trusted renovation contractors for real estate investors in the GTA.

In this episode, Jon shares a number of insights and advice that you need to pay attention to and also gives us some of the downsides of not heeding that advice. This straight-talking approach is why Jon stands by his quote guarantees and why his company has been able to complete over 230 basement conversions over the last 5 years and his consulting and coaching services are in such high demand.

In this episode you will learn about:

  • State of the contracting business as we come out of the pandemic.
  • What an Educational Contracting Company is.
  • Lessons learned from converting over 230 basement suites.
  • Why communicating with both investor and JV partner is critical.
  • 3 top things to do to maximize refi value.
  • 3 biggest mistakes investors make when wanting renovations.

Get in touch with Jon Tenbrinke

This episode has been brought to you in part by
Private Money 4 Mortgages –
BM Select –