All posts by thereiteclub

Macroeconomic Outlook & Regional Analysis for Real Estate Investors- Part 2 Q&A



Guest: Robert Hogue, Senior Economist RBC

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

In this episode, Laurel was able to ask questions gathered from the REITE Club community about what the economy could look like in the next few months and years. As benchmark prices have risen for housing, the fear of missing out has grown even more causing an overheated market. Policies could be put in place by the government in the coming months to calm things down. RBC isn’t predicting a market crash but rather a possibly soft or harder landing with prices stabilizing. Canada had been sustaining a 30% growth in population and supply was way too low to meet demand.

Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 2 of 2 – the 1st part of this interview was an overview of the current market macroeconomic situation.

Listen to both episodes at https://www.thereiteclub.com/podcast

In the Part 2 episode you will learn about:

  • RBC is concerned about the market
  • The fear of missing out is fueling the madness
  • 40% downpayment for investment properties could be considered
  • Canada could crackdown on investors to cool the market
  • Savings went to housing & the stock market
  • The roaring 20s – 2021’s version could lead to massive inflation

Find out more about Robert’s work:
Resources:  http://www.rbc.com/economics/
https://thoughtleadership.rbc.com/

Listen to the full episode at https://www.thereiteclub.com/podcastThis episode has been brought to you in part by
White Elm Design Build – https://www.whiteelmdesignbuild.com/


Macroeconomic Outlook & Regional Analysis for Real Estate Investors



Guest: Robert Hogue, Senior Economist RBC

The ownership market and rental markets have changed tremendously during the pandemic. Canadians have been saving more than ever and those on the higher end of the economic scale are faring much better than before while those on the lower end are suffering much more. Affordability and pricing increases are happening all over the country. It used to be only in large markets but now it is happening in small towns and a major shift is taking place.

Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 1 of 2 – the 2nd part of this interview will be a Q&A with questions from The REITE Community.

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

In this episode you will learn about:

  • Will the government be stepping in to cool off the market?
  • Economic outlook: 2020 vs. today
  • Strong demand and low inventory…
  • Sellers are in the driver’s seat even in markets that used to be struggling
  • Pressure is more intense in already hot markets
  • Prices didn’t skip a beat overall
Find out more about Robert’s work:
Resources:   http://www.rbc.com/economics/
https://thoughtleadership.rbc.com/

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

This episode has been brought to you in part by
Private Money 4 Mortgages – http://privatemoney4mortgages.com/

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

BM Select – https://bmselect.ca/


Take Advantage of Record Cheap Money & Prepare for Refis & BRRRRs



Guest: Brian Hogben, Mortgage Broker and Owner at Mission 35 Mortgages

Investor-focused mortgage agents should be living and applying what they preach. Mission 35 was founded after Brian paid off his mortgage before the age of 35. He now applies his wealth of knowledge to his own portfolio as well as his clients’. Brian also discusses the advantages of working with smaller credit unions and investing in the USA. Finally, he also discussed how important it is to get into a market so that you can eventually upgrade and find the long-term property you actually want.

In this episode you will learn about:

  • Leveraging for success
  • Diversifying to grow your wealth
  • BRRRRing large multi-family properties
  • The importance of having the right people on your team
  • CMHC advantages and delays…
  • Using bridge financing while waiting for CMHC
  • Strategies to close in hot markets
  • Get your retirement home now!
Get in touch with Brian:
Website:   https://mission35mortgages.com/
Email: mortgages@brianhogben.com
 
 
This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/

Private Buyers – https://privatebuyers.ca/

Butler Mortgage – https://www.butlermortgage.ca/


Leveraging The Landlord-Tenant Relations For Success



Guest: Jonathan Margel, Real Estate Investor and Co-Founder/CEO at Building Stack

Jonathan grew up in a family of real estate investors – his family-owned multi-family, commercial, industrial and mixed-use properties. Through this experience came the idea of developing Building Stack. He saw firsthand all the pain points and after managing over 2,000 doors at once he got together with a partner and had this platform designed.

In this episode you will learn about:
  • From property management to software developer
  • Hiring people to build your software
  • The importance of tenant portals
  • Tenant relation management
  • Manage trades from your phone!
  • Payment collection and perks for your tenants
  • How you can benefit as a small or medium landlord

Get in touch with Jonathan:
Website:  https://www.buildingstack.com/
Phone: 1 833-855-1668

This episode has been brought to you in part by
White Elm Design Build – https://www.whiteelmdesignbuild.com/

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

Butler Mortgage – https://www.butlermortgage.ca/


VTBs & OPM For Success!



Guest: Mel & Dave Dupuis, Real Estate Investors & Mentors

Mel & Dave were small-time investors until they read ‘Rich Dad Poor Dad’! Then, they got into creative financing which led them to buy 12 properties in 12 months with no partners and none of their own money. There are so many tax benefits for the sellers when doing seller financing. They go on for months not buying because the deal isn’t right. They now mentor people all across North America and have an abundance mindset.

In this episode you will learn about:

  • Create Win-Win scenarios to increase your success rate
  • They started out with only a few properties
  • Were buying one at a time, very slow
  • Now using other people’s money (OPM) for success
  • How seller financing changed their strategy
  • Show your exit strategy to the seller, be transparent
Get in touch with Mel & Dave:
Website:  https://investormeldave.com/
Phone: 705-492-2058

This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/

Private Buyers – https://privatebuyers.ca/

Butler Mortgage – https://www.butlermortgage.ca/


Learning Tenant Management The Hard Way…



Guest: Jared Henderson, Real Estate Investor

Jared shares how he overcame his initial fear of having empty units. He actually began investing and inherited tenants which lead to many issues. He’s now learned how to be successful in multiple markets and building power teams. His main strategy is to look for cash flow first and then increase the potential. Jared also explored how his mindset has shifted in a positive way.


In this episode you will learn about:
  • Started out in Niagara Falls while living in Montréal
  • Grew to invest in multiple markets
  • How to find a good property manager
  • So many ways to make money in real estate
  • The importance of buying at the right price
  • What to look for when doing conversions
  • How to find off-market deals
  • Market analysis
  • Networking for success!

Get in touch with Jared:

Website: www.halteyfunds.com
Email: jared@hatleyfunds.com

Instagram: @jaredh55

This episode has been brought to you in part by:

Private Money 4 Mortgages – http://privatemoney4mortgages.com/

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

Butler Mortgage – https://www.butlermortgage.ca/


JV’ing for Success – How To Add Multiple Doors Quickly!



Guest: Alex & Kaely Pal, Realtors & Real Estate Investors

“Doing what you love will help you get through the challenges.” This amazing power couple shares how they’ve used exit strategies to improve their cashflow. How working together as a couple is amazing for their lifestyle. They discuss the fact they’ve added 16 properties to their portfolio in 2020. They also cover how you can get very creative and JV with the building owner and find amazing partners.

In this episode you will learn about:

  • Why you should buy your 1st few projects on your own
  • How to manage multiple projects at once
  • The power of relationships with vendors and trades
  • Dealing with issues with the right systems
  • Making calls to find properties
  • Tenant relations – tips and tricks
Get in touch with Alex & Kaely:
This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/
Private Buyers – https://privatebuyers.ca/
Butler Mortgage – https://www.butlermortgage.ca/


From Stand-Up Comedian to International Sales & Investment Trainer



Guest: Pip Stehlik, MBA & International Sales and Investment Trainer

Naysayers are your biggest barrier to your success and this can include yourself! Pip explains how he went from earning 35k per year to being an international sales trainer and a very successful real estate investor. He goes on to explain how investing in yourself is crucial and will help you grow. Pip also briefly discussed investment opportunities in the USA where taxation is most advantageous such as in Florida, Texas and Nevada.

In this episode you will learn about:

  • Pip was one of Alfonso’s first mentors
  • He’s taught a lot in Canada even though he’s American
  • How Rich Dad Poor Dad has changed his life
  • Zig Ziglar’s influence on his investment career
  • Investing in mentors is essential
  • So many ways to invest! Flips, wholesaling, lease options and more!


Get in touch with Pip:
Website:  https://www.burbankcompanies.com/index
Email:pip@burbankcompanies.com
This episode has been brought to you in part by
White Elm Design Build – https://www.whiteelmdesignbuild.com/

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

Butler Mortgage – https://www.butlermortgage.ca/


Just Enough Creativity to Open Doors



Guest: Daniel Patton, Mortgage Agent & Investor Specialist

How to scale quickly! The pros and cons of buying under a corporate name or your personal name. How to build a team that will help you grow to achieve your investment goals. Private lending versus the big banks, what you need to consider and how to borrow in a smart way. Focus on relationships more than deals.

In this episode you will learn about:

  • Scaling to multiple units
  • More people to lend money vs. borrowing money
  • Working with coaches
  • How to build your power team
  • Structuring portfolios for success
  • Sourcing deals and private lending
  • Evaluating a deal – what are the risks?
  • Off-market deals, what to look out for

Get in touch with Daniel:
Website:  https://www.butlermortgage.ca/
Email:daniel.patton@butlermortgages.com

This episode has been brought to you in part by
Black Jack Contracting – https://blackjackcontractinginc.ca/

Private Buyers – https://privatebuyers.ca/

Butler Mortgage – https://www.butlermortgage.ca/


Income Creation & The Path To Financial Freedom



Guest: Scott Royal Smith, Esquire (Lawyer) & REI

Scott gave us some great tips for Canadians investing in the USA. How about going for a walk or bike ride in the neighbourhood where you’d like to invest? There are so many things to consider, partnering with a local entrepreneur or choosing a turn-key project is the best way to achieve your financial freedom objectives. Liability and asset protection were also on the top of his list.

In this episode you will learn about:

  • US investing – LPs vs. LLCs
  • How Scott achieved financial freedom in only 4 years
  • Marketing to find deals
  • What Canadians need to consider before investing in the US
  • US financing differences
  • What market fundamentals to consider

Get in touch with Scott:
Website:  https://royallegalsolutions.com/mediaPhone: (512) 871-0843
This episode has been brought to you in part by
Private Money 4 Mortgages – http://privatemoney4mortgages.com/

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

Butler Mortgage – https://www.butlermortgage.ca/