When it comes to joint ventures and private mortgages it’s much easier to get in a JV compared to getting out of one. The Exit must be planned before anything is done.
You need to be asking;
How is the information being shared?
Are some of the JV partners silent partners?
How is the money tracked?
There are so many important factors to consider when entering a JV and our guest, Diane Ulman shares many of the points in this archive edition.
But there is a lot more to real estate law than that.
💥 In this episode, you will learn about ⠀
✅ The importance of title insurance
✅ What does a real estate lawyer actually do?
✅ How to deal with tenanted properties
✅ Asking for final walk-throughs
✅ How to use small claims court when facing issues
✅ JVs… Exit strategies!
Diane Ulman was recently asked by a 4-year-old what she does as a real estate lawyer. Here are her main duties:
1. Confirming the right people are signing and involved.
2. Confirming information about the property
and
3. Confirming the money!
Diane started practicing law about 10 years ago. She now deals with ‘happy’ law which means real estate whether buying or selling. Thanks to COVID, 99% of closings are now virtual.
As for private mortgages, the possibilities are endless! Make sure to speak with a lawyer experienced in the private lending world to ensure a smooth process.
Ever met a designer-turned-realtor with a twist? This week we take a dive in the archives to talk with Lindsay Gowan.
Imagine someone who doesn’t just help investors—she’s one herself, driven by a passion for uncovering hidden gems in real estate. She’s obsessed with finding the perfect deals, and she’s ready to reveal her secrets.
You don’t have to have it all figured out. Just get that first step in front of you. Don’t look at the big goal in general. Just look at the steps to take you there. – Lindsay GowanIn this episode, you will be able to:
Maximize Property Value: Learn how strategic interior design choices can significantly enhance the value of your real estate investments.
Transform Duplexes for Profit: Discover the effective strategies for converting duplex properties to maximize their potential and increase your investment returns.
Unlock Off-Market Deals: Discover the secrets to finding exclusive off-market real estate opportunities that can offer substantial value and potential for high returns.
Realtor Benefits for Investors: Explore the advantages and opportunities of becoming a realtor to gain a competitive edge and increase success in real estate investing.
Real Estate Investing Success: Hear inspiring success stories from seasoned investors and gain valuable knowledge to fuel your own real estate investment venture.
Lindsay Gowan is a real estate investor, realtor, and interior designer, making her a triple threat in the real estate world.
With a passion for adding value through strategic design choices, Lindsay has successfully transitioned from selling her condo to purchasing multifamily properties. Her expertise lies in the art of interior design for real estate investors, and she has a keen eye for identifying opportunities to enhance property value.
Lindsay’s hands-on experience in converting properties into duplexes, coupled with her knowledge of designing spaces for maximum appeal, makes her a valuable resource for any real estate investor looking to elevate their properties.
Get ready to hear how an unlikely encounter with a Manhattan real estate guru forever changed the trajectory of one investor’s life. It’s a story of mentorship, resilience, and the power of reaching back to help others move forward.
Learn from people who’ve done it before you. Getting around mentors is everything. – Justin Konikow
In this archive episode from The REITE Club podcast, Justin Konikow provides practical wisdom into adaptable and non-emotional investment approaches, emphasizing the importance of liquidity in real estate investing.He shares the significance of leveraging current market numbers, utilizing social media and networking, and effectively identifying investment opportunities.In this episode, you will be able to:
Master real estate investing strategies and stay ahead of the market trends.
Explore the impact of social media on real estate and harness its potential for investment success.
Unlock the value of mentorship in real estate investing and how it can accelerate your success.
Learn effective strategies for navigating market fluctuations in real estate and turning challenges into opportunities.
Justin Konikow, an established figure in the real estate industry as an owner of a prominent real estate brokerage in London, Ontario, offers a wealth of experience and expertise. With a background in sales and marketing, Justin’s path into real estate was influenced by early exposure to the industry and hands-on experiences with property investments.
Justin’s expertise and strategic perspectives serve as a valuable resource for real estate investors aiming to navigate the dynamic and evolving real estate market.
Discover how an IT manager, Vinod Krishnan successfully ventured into remote flipping and Airbnb arbitrage, all while working full time and diversifying his real estate investments across multiple provinces and achieved success in just over a year. From traditional buy and hold properties to scaling up with remote flips and acreage flips, his story will leave you inspired and eager to learn more.
But that’s not all! Tracey Fines shares her experience managing multimillion-dollar flips and navigating the upscale real estate market, proving that with the right partnerships and persistence, anything is possible.
Get ready to be amazed by these incredible real estate investing strategies and wisdom.
In this episode, you will be able to:
Discover multi-million dollar house flipping tips to elevate your real estate investment game.
Master successful real estate investing strategies to boost your portfolio.
Learn the ins and outs of remote flipping in real estate for lucrative investment opportunities.
Discover how to effectively manage real estate investments full-time for sustained success.
Gain valuable wisdom into Airbnb arbitrage investment for a competitive edge in the market.
Vinod Krishnan, an IT manager turned real estate investor, shares his adventure into remote flipping and diversified investments across multiple provinces, including Alberta and New Brunswick. With a focus on traditional buy-and-hold properties, Vinod swiftly transitioned to remote flipping due to financial constraints, completing six flips in just over a year. His ventures have encompassed Airbnb arbitrage, acreage flips, and more, all while still working full-time. Vinod’s expertise in managing remote investments and scaling while employed offers valuable wisdom for those looking to venture into diverse real estate strategies.
Tracey Fines, a corporate interior designer turned successful real estate investor, ventured into house flipping in 1996 while maintaining her nine-to-five job. Over the years, her path led her to manage multiple multimillion-dollar flip deals, including new builds and extensive renovations, with a laser focus on high-end properties. With experience in handling large-scale projects involving intricate designs, multiple bathrooms, and kitchens, Tracey offers valuable knowledge in managing upscale real estate investments and navigating the complexities of high-end property flipping. Her expertise and story in the real estate market provide a unique perspective for investors seeking to jump into multi-million dollar house flipping and upscale property management.
Stay tuned for the surprising twists and valuable tips that will change your approach to real estate investment here:Â https://thereiteclub.com/en/podcasts
