Category Archives: community

Tax and Accounting Changes & Insights for Real Estate Investors



George Dube is a partner at BDO and a veteran tax accountant and investor whose practice focuses on providing the knowledge and tools clients need to increase and preserve the value of their businesses. Around 20 years ago he started to get more involved in working with real estate investors after getting involved in investing himself.  This gives him a synergy with many of his clients and an obvious incentive to stay on top of the latest developments in tax and accounting. 

Guest: George Dube, Real Estate Investor and Accountant

George Dube is a partner at BDO and a veteran tax accountant and investor whose practice focuses on providing the knowledge and tools clients need to increase and preserve the value of their businesses. Around 20 years ago he started to get more involved in working with real estate investors after getting involved in investing himself.  This gives him a synergy with many of his clients and an obvious incentive to stay on top of the latest developments in tax and accounting. 

He is a frequent guest speaker at a variety of meetings, events and workshops in which he addresses a range of tax and accounting topics with implications for real estate investors, with a particular focus on tax strategies. He talks about ways investors can improve communication with their accountants and better organize their financial affairs. George also updates listeners about how their businesses are impacted by rule changes in the accounting and tax industries.

George is a graduate of the University of Waterloo’s Master of Accounting Program, where he completed a double specialization in Taxation and Public Accounting. He also completed the Canadian Institute of Chartered Accountants’ two-year In-Depth Taxation Course.

Also, an author, George has written and contributed to articles in various national and regional publications. He has co-authored two books: 81 Financial and Tax Tips for the Canadian Real Estate Investor: Expert Money-Saving Advice on Accounting and Tax Planning (Campbell, Murji and Dube: Wiley 2010) and Legal, Tax & Accounting Strategies for the Canadian Real Estate Investor (Cohen and Dube: Wiley 2010). He also developed the accountant in-a-box™ program, a cloud-based accounting and bookkeeping solution.

George has a long-time commitment to family, church, community and professional service.

In this episode learn about:– Why is it important to look for real estate specialist accountant 
– The mistakes investors frequently make and what to do about it
– Insights into tax, accounting and the spin-off from there
– Changes investors should be staying on top of. 
– Different strategies for buying properties
– The cost of setting up a trust

To get in touch with George: 
Email:
georgeedube@georgeedube.com
Website:
https://www.bdo.ca/en-ca/our-people/george-dube-1/


Working with Your Spouse to Build a Successful Real Estate Investing Business with Alex and Kaely Pal



Alex & Kaely are real estate investors, realtors, entrepreneurs, husband and wife duo and the founders Pal Property Solutions. Through their investing journey, they have seen and gone through many of the challenges that both new and seasoned investors face on a day-to-day basis.

Guests: Real Estate Investors, Alex & Kaely Pal

Primary Investment Strategy: BRRR Strategy

Portfolio:  12 owned properties

In this episode learn about: 
– Quick tips and tricks to use on your contractor to work
– Advantages of spending you reno-budget
– Putting your goals together with your JV/business partner

To get it touch with Alex and Kaely you can email them at apal@palpropertysolutions.com for Alex and kpal@palpropertysolutions.com for Kaely or visit their website at www.palpropertysolutions.com

More about Alex and Kaely:
Alex & Kaely have a strong belief in creating and maintaining relationships and they work together to help individuals work towards financial freedom. Being investors themselves, they know of the joys and pains of watching a project come to fruition.

Whether it’s finding the right deal, obtaining the proper permits from city hall, or coordinating construction and trades we’ve learned some tricks of the trade. Their goal is to help others achieve their own goals through real estate investing and show you a behind-the-scenes look at what it really takes to get you there.


Maximizing Cashflow by Maximizing Mindset with Ryan DeLaurentis



Ryan DeLaurentis is a commercial & multi-family real estate investor in Ontario. His company, DCI properties, focuses primarily on cash flow first investing. He purchases most of his properties with JV partners looking to supplement their income, prepare for retirement, or who just want a hands-off real estate investment with above-average returns.


Guest:
 Real Estate Investor, Ryan DeLaurentis

Primary Investment Strategy: Joint Venture Multi-family Investing

Portfolio:  20 properties, plus flips and wholesale deals

In this episode learn about: 
– Ways to maximize cashflow on MFPs
– Building your network
– Benefits of joining networking events
– Tips on finding deals

Get in touch with Ryan by email at ryan@dciproperties.ca

More about Ryan:
Ryan and his wife have been investing in the London area for the past couple of years.  They are also very involved in their community and try to give back to local charities and dog shelters whenever they can.


Mastering the Game of Money Through Real Estate with Limor Markman



Limor Markman is a real estate investor & money expert with properties across Canada leveraging multiple investing strategies. After a decade in the banking industry, she now travels across the country teaching the basics of real estate investing.

Her goal is to show young women everywhere that each and every one of us can achieve financial independence.

Guest: Real Estate Investor – Money Expert, Limor Markman

Primary Investment Strategy: Private Lending

In this episode learn about: 
– How banking Industry works
– Private Lending/Private Mortgages
– pros and cons of doing Private Lending/Private Mortgages

Get in touch with Limor: 
Website:
http://limor.money

Twitter 
@limor_markman

Youtube
https://www.youtube.com/channel/UCO8E0vvhLYj2490SU2ov9fQ

More about Limor:
Limor began educating herself in real estate and always kept a keen eye on growing money faster and generating passive income. Two and a half years into her real estate venture, Limor was able to leave her six figure corporate job with real estate funding her life.


Finding Your Why as a Real Estate Investor – Laurel Simmons REITE Club Co-Founder



Laurel Simmons bought her first investment rental property in the early 80s when she really didn’t know what she was doing. Fast-forward to today, and along with her husband, Daniel St-Jean, Laurel is a partner in Safe and Sound Real Estate Investment Group which specializes in rent-to-own properties. She’s also the Grounding member of The REITE Club team – she holds the Founder’s toes to the fire and helps make sure the club’s events are the best they can possibly be.

Guest: The REITE Club Co-Founder, Laurel Simmons

Primary Investment Strategy: Joint Venture, Rent to Own

Portfolio: Owned 60+ properties, 35 LTO deals

In this episode learn about: 
– How to find your “WHY” as an Investor
– Biggest investors mistake on defining their strategy 
– Importance of taking down notes

To get in touch with Laurel: Visit her website www.sasreig.com or email Laurel directly at laurelrsimmons@gmail.com.

More about Laurel:
Laurel has spent over three decades working in the consulting world both with hi-tech and government organizations. She’s travelled the world as a consultant, speaker and trainer and finally, she’s travelling to where she wants to go WHEN she wants to go and for as LONG she wants to go without in any way having to worry about her clients.


How to Invest In Rent-to-Own Using Other People’s Assets and None of Your Own Money – Daniel St-Jean REITE Club Co-Founder



Daniel St Jean has been in “sales & marketing” in one form all of his adult life. And in the last 25 years, he has bought, started, or sold ten different businesses. He has been a professional photographer, a publisher of educational material, calendars and greeting cards, the owner of a framing shop & art gallery, a professional tour guide, an independent distributor of health products, a speaker, a trainer, and a teacher. He has also written two published books; his first one became a Canadian bestseller in 1992.

Guest: The REITE Club Co-Founder, Daniel St Jean

Primary Investment Strategy: Joint Venture, Rent to Own

Portfolio: Owned 60+ properties, 35 LTO deals

In this episode learn about: 
– What is OPA (Other People’s Assets)
– How to tap into other peoples assests
– Learn about ROI and using OPA to grow your wealth
– The importance of networking to expand your business (Join, Attend, Network)

To get in touch with Daniel: Visit his website www.sasreig.com or email him at daniel@thereiteclub.com

More about Daniel:
Together with his wife Laurel Simmons, they have generated millions of dollars of business for their clients, customers, affiliates, and themselves. They’re very enthusiastic about achieving that level of success with the people who know them. THey love to help others, which is one of the main reasons why they LOVE their Tenant-First Lease-to-Own program. This has to be the best win-win-win situation they’ve ever created.


Rent-to-Own Specialist Going From 0 to 100 Properties in Less Than 5 Years – Meet Your Host: Alfonso Salemi



Alfonso Salemi is in the business of helping people who are struggling to get on the property ladder. With his business partner Adam Wissink, their company, JAAG Properties, specializes in rent-to-own programs that have allowed 100 families to move into a house they can call their own. Alfonso also serves on the board of CAROP the rent to own professionals association in Canada.

Guest: The REITE Club Podcast Co-Host, Alfonso
Salemi

Primary Investment
Strategy:
Rent to Own

Portfolio: 100 properties, 26 Completed

In this
episode learn about:

  • What is rent-to-own
    investing
  • Who rent-to-own can help
  • Developing professional
    partnerships

To get in touch with Alfonso: Visit his website www.jaagproperties.com or follow him on Facebook https://www.facebook.com/alfonso.salemi.12

More
about Alfonso:

After seeing and learning about the
opportunities in real estate investing Alfonso started his first Rent-To-Own in
2014 and incorporated JAAG Properties the same year.  Alfonso has been an
essential partner in expanding JAAG Properties through many conferences and
meet-up groups and their highly popular professional partners program.

A graduate of Mohawk’s Marketing program, Alfonso’s
sales experience and public speaking skills have become an asset for JAAG
Properties and also for his other real estate investing involvement as
Co-Founder of The REITE Club and on the board of CAROP where he also conducts
video interviews of its members. 


Scaling Up Your Portfolio Using the BRRR Strategy – Meet Your Host: Sarah Larbi



Subscribe on iTunes by clicking this link or the subscribe button in the player and we would really appreciate if you can take a moment to give it 5 stars and leave a review.

By her mid-30’s, Sarah Larbi has successfully gone from zero to a 10-property portfolio in only 5 years. She has developed a real estate investing process that will give her the option to retire in under 15 years.

Guest: The REITE Club Podcast Co-Host, Sarah
Larbi

Primary Investment
Strategy:
BRRR Strategy

Portfolio: 9 BRRR properties and 1 Vacation Rental

In this
episode learn about:

  • Where to get started in
    real estate investing
  • Mistakes to avoid when
    going from single to multiple properties
  • The importance of
    diligent tenant screening
  • Why the key to real
    estate investing success is about focus, planning and learning.

To get
in touch with Sarah:
Visit her website www.sarahlarbi.com or follow her on Instagram
@investorsarahlarbi

More
about Sarah:

Sarah’s goal is to inspire Canadians to realize
their own property owning dreams by sharing her simple 7-step investment
process that can result in going from first property, whilst fully employed, to
planning retirement in around 15 years.

Her results-oriented approach has been featured
in The Toronto Star, 1010 News Talk Radio, and Canadian Real Estate Wealth
Magazine and she has been an invited speaker at the Canadian Real Estate Wealth
Investor Forum and several real estate investing meetings. She is also a
co-founder of The REITE Club.


Introduction to The REITE Club Podcast



Hey everyone!

Welcome to the very first episode of The REITE Club Podcast!

This episode is simply an introduction to The REITE Club Podcast. It outlines what this podcast is about, why we are launching it, and what to expect.

Thank you for choosing to Come Grow With Us!

Subscribe on iTunes by clicking this link or the subscribe button in the player and we would really appreciate if you can take a moment to give it 5 stars and leave a review.

Coming soon to Spotify, Google Podcasts, and Stitcher

If you enjoyed this episode, and we hope you did, please share it by clicking on the blue share button in the player and using the social media buttons.

If you have any comments or questions, feel free to post them in the Comments section below or email us grow (at) theREITEclub.com

Thanks again for listening and now go and grow your real estate investing business!

—————

Why we are doing this podcast and an overview

So why are we doing a podcast for The REITE Club?

We are consistently energized and inspired at our monthly REITE Club live events by people who are doing great things in real estate investing. That’s the speakers and many members of the audience.

Sadly not everyone is able to attend every meeting, or you are just too far away to make it to a live event. We wanted to bring that energy and knowledge right to where ever you are, hence the podcast!

We are going to interview people who have shown success in real estate investing and learn what they do to succeed, lessons learned and what they are doing now to keep things moving.

After you launch something, you need to feed it and grow it. There’s no such thing as “if you build it, they will come.”

That is why we’ll dig into the strategies and tactics our guests executed to make their initiatives grow, and the results they achieved. The idea is to learn actionable marketing and growth concepts from our guests, then take those concepts and be able to immediately apply them to grow our real estate investing businesses.

In summary, this podcast is going to be about being inspired by and learning from people who are growing and succeeding.

Podcast format

Now let’s talk a little about the format of this podcast.

Episodes will range from about 30 minutes to an hour. Each conversation is going to be a little bit different based on the guest’s background, but we will to stick to a consistent format so you know exactly what to expect in each episode.

But we won’t apologize if a conversation goes in a certain unexpected direction because we feel you will benefit from the guests insights and experience. First I’ll introduce our guest so you’ll know who they are, what company they work for or business they own, and what their role is.

We’ll talk about their background. We’ll dig into the decisions they made, their inspirations along the way, and how they got to where they are today.

We’ll also talk about the actionable strategies, tactics, and tips that they recommend you should consider if you want to take it further.

This will be a weekly podcast, and we will release an episode every Friday so you can download and take some time over the weekend to listen nad then maybe even take some of the lessons learned into your next week.

Our backgrounds

The founders of The REITE Club have come together and built something really quite special in the real estate investing event space and now we plan to do the same with the podcast.

You can read about our club and the founders here.

Remember;

Subscribe on iTunes by clicking this link and we would really appreciate if you can take a moment to give it 5 stars and leave a review.

Coming soon to Spotify, Google Podcasts, and Stitcher

If you enjoyed this episode, and we hope you did, please share it by clicking on the blue share button in the player and using the social media buttons.

If you have any comments or questions, feel free to post them in the Comments section below or email us grow (at) theREITEclub.com

Thanks again for listening and now go and grow your real estate investing business!

Finally, we want to thank you so much for choosing to Come Grow With Us

Sarah & Alfonso