Do you want to achieve personal growth and happiness that extends beyond financial success?
Tune in now to find out the solution to transforming your life through real estate with Brad Chandler and his life-changing story.
Every problem you have in your life is a thinking problem. Change your thinking and change your life. – Brad ChandlerIn this episode, you will be able to:
Uncover real estate investing success stories that inspire and motivate.
Explore how real estate can transform your life beyond financial success.
Learn the secrets to building wealth through real estate while prioritizing personal growth.
Discover the power of hypnosis for enhancing personal and professional growth in real estate.
Master the art of finding happiness and fulfillment on your entrepreneurial journey through real estate.
Brad Chandler, an accomplished real estate investor with a portfolio encompassing over 4,500 flips and wholesale rentals across the United States. With experience in the industry spanning 22 years, Brad brings a wealth of knowledge and wisdom to the transformative power of real estate.His story goes beyond financial success, as he shares his profound understanding of personal growth and happiness. Expect to gain valuable wisdom from Brad’s extensive experience in the complex world of real estate, making this episode an essential resource for investors seeking growth and fulfillment in their endeavours.
Want to improve your ability to identify profitable investment opportunities?
Discover the secret to building real estate wealth with Mike Mannino as he shares the Widget Cost Secret, helping you scale your business and achieve financial success.
Mike shares his journey in real estate investing, detailing how he successfully flips houses unseen and manages over 100 projects.
Mike Mannino, the founder of Real Estate Wealth Builders, boasts an impressive nine years of experience in the real estate industry, specializing in flipping houses.
His expertise lies in the development of a standardized pricing sheet, meticulously crafted over thousands of hours and substantial financial investment. This tool has proven to provide a 90% accuracy rate in predicting renovation costs, significantly reducing financial risks and maximizing profitability.
With over 100 successful house flips to his name, Mike’s insights and strategies are invaluable for real estate investors aiming to scale their business and effectively identify profitable investment opportunities.
Mike Mannino’s real estate journey is a testament to the resilience and adaptability required in the industry. From early days spent tirelessly working on house renovations, Mike’s determination to streamline the process led to the creation of a game-changing standardized pricing sheet. This innovation not only made renovations predictable but also scalable, propelling his business to new heights.
Venturing beyond Michigan, Mike expanded into multiple states, delving into the world of apartment buildings with the same unwavering commitment to quality. His hands-on approach to every aspect of the business, from finding contractors to overseeing renovations, reflects his dedication to excellence.
Mike’s ability to navigate challenges and turn them into opportunities has been a driving force behind his success. His story serves as an inspiration for real estate investors looking to scale their businesses, showcasing the transformative power of perseverance and forward-thinking strategies in the competitive world of real estate.
In this episode, you will be able to:
Master successful real estate investing strategies to maximize your profits and grow your business.
Explore the art of flipping houses without seeing them, unlocking a whole new realm of investment opportunities.
Learn the secrets to building a rockstar real estate investment team that drives your success to new heights.
Implement standardized pricing in real estate to streamline your processes and boost your bottom line.
Discover the art of finding discounted real estate properties, giving you a competitive edge in the market.
Timestamped summary of this episode:
00:00:04 – Introduction and Guest Introduction
Laurel Simmons and Katherine Nelson-Riley introduce the podcast and guest, Mike Mannino, of Real Estate Wealth Builders.
00:03:36 – Evolution of Flipping Business
Mike shares his journey from hands-on flipping to building a team and standardized pricing sheet over nine years, leading to scalable and predictable renovations.
00:08:36 – Expanding into New Markets
Mike discusses implementing his flipping system in new markets, including out-of-state projects, and the challenges and process of finding and working with contractors.
00:11:12 – Biggest Project and Profitability
Mike shares details about the largest single-family house project, including a fire-damaged property, and how his system enables accurate cost predictions to mitigate risks and maximize profits.
00:12:31 – Managing Large Projects
Mike explains the team structure for managing single-family and apartment projects, including his role, his business partner’s responsibilities, and the streamlined operations for handling renovations and property management.
00:13:26 – Starting Small, Thinking Big
Mike Mannino discusses his journey of buying apartments, starting with a small four-unit property and progressing to larger ones. He shares how his perspective on property size has evolved and the role he plays in managing renovations.
00:14:39 – Finding Buyers and Making Profit
Mike talks about the types of buyers for his properties, emphasizing the appeal of first-time homebuyer homes and how they insulate against market volatility. He also shares his experience during the 2020 shutdown and the strategies he used to mitigate risks.
00:18:50 – Challenges of Finding Discounted Real Estate
Mike discusses the difficulty of finding discounted real estate, especially in the apartment sector. He highlights the scarcity of opportunities for discounted apartment buildings compared to single-family homes, and the challenges of dealing with property owners who have different motivations for selling.
00:20:57 – Shortage of Supply and Property Finding
Mike delves into the shortage of supply in the real estate market, particularly for discounted properties. He explains the complexities of finding properties, the types of properties he avoids, and the limited number of suitable properties within his investment criteria.
00:22:51 – Helping Others and Publishing a Book
Mike discusses how he helps others become successful real estate investors through webinars, online resources, and one-on-one mentorship. He also introduces his recently published book, “The Infinite Money Glitch,” which provides insights into buying apartments and achieving infinite returns.
00:25:40 – Market Research and Demographics for Real Estate Investing
Mike discusses the importance of market research in real estate investing, highlighting the significance of analyzing demographic trends and growth patterns in new areas.
00:26:52 – Applicability of Tips to Different Industries
Mike emphasizes that the tips and strategies discussed are applicable not only to real estate but also to other industries, such as finance and investment. He stresses the relevance of the information provided in the podcast.
00:29:07 – Embracing Failure and Trying New Things
Mike shares his personal experience of trying different career paths and failing at some, emphasizing the importance of perseverance and self-discovery. He encourages individuals to embrace failure and explore various opportunities.
00:30:16 – Overcoming Learning Challenges
Mike reveals that he was in special education for reading and writing, highlighting his struggles in school. He emphasizes that despite challenges, determination and hard work can lead to success, as evidenced by his journey from special education to becoming an author and real estate investor.
00:31:11 – How to Connect and Access Resources
Mike provides details on how to connect with him and access resources, including his book “Infinite Money Glitch” and free resources on real estate investing available on his website. He also mentions the possibility of an audio version of the book in the future.
About Mike Mannino – Over the past 7 years, Mike has built a business that flipped over 80+ houses by the age of 30 and created multiple companies that generate over 1M per year in revenue, sold tens of thousands of copies of his book (making him an Amazon best selling author), he is the founder of Real Estate Wealth Builders which is an educational company that helps real estate investors quickly scale their real estate business.
Guest: Sandy MacKay, Real Estate Investor & Realtor
Did you know that 90% of all millionaires become so through owning real estate? But to achieve that status you need to take action. Well this week’s guest, Sandy MacKay, Real Estate Investor & Realtor, built up his portfolio to over 200 doors by taking action. He has done everything from creative wholesaling deals, fix & flips, JVs, buy and hold and multi-family. His company now helps clients build generational wealth through real estate.
Sandy provides insights and advice on being an investor-focused realtor and insights on how to scale up your portfolio. His main message is to take action and stop wasting time continuously reading and listening to things. Instead, go out and apply the learning and grow along the way.
In this episode you will learn about:
– Going from an investor to a realtor
– Pros and cons of getting a realtor’s license
– Finding deals and lessons in scaling up
– Who is the perfect JV partner?
– Getting the conversation started for a JV partnership
Sandy Mackay is an experienced realtor and investor with Keller Williams Complete Realty in Hamilton, Ontario. He has worked on hundreds of real estate transactions since 2011 when he got his start as a private sales consultant with PropertyGuys.com and also as a real estate wholesaler. He began his investment career in the Durham Region and now focuses on Hamilton where he currently resides.His main focus currently is to provide a world-class experience for his clients and acquiring great investment properties for himself and his partners. Sandy is also one of the hosts of the Breakthrough Real Estate Investing Podcast,
There are so many things to consider when negotiating a JV agreement such as what to include in a JV agreement, how do you protect yourself, and how do you terminate the agreement if things don’t work out? Also, what are some of the conversations that each party should have ahead of time?
This week’s guest, Ryan Carson, Lawyer and also a Real Estate Investor, provides legal insights and advice on JV agreements and how to put them together. His main message is to have conversations ahead of time before agreeing to a JV partnership and consult a lawyer throughout the process.
Ryan also discusses the advantages and disadvantages of incorporating for realtors as they are able to do so in Ontario as of October 1, 2020.
In this episode you will learn about:
– Types of JV agreements
– Important conversations and topics to cover
– Terminating JV contracts
– How letters of intent work
– Advantages & disadvantages of incorporating as a realtor
Ryan Carson is the fearless leader of the Carson Law team, establishing the firm in 2013 after working for someone else for 6 years. An undergraduate of Acadia University, Ryan majored in Kinesiology with intentions of going into the sports business or becoming a pro sports agent. The only athlete he ever represented never made it very far and Ryan found his true calling was working intimately with people, families, and businesses. His main focus is in corporate law, wills & estates and real estate law.
One of Ryan’s greatest accomplishments is the fact that he has grown from being a one lawyer shop with only a single administrator to where he now oversees the daily operations at two law firms that employ over 20 people combined. However, Ryan is most proud of the beautiful family that he has built, consisting of his wife and two children.
Ryan can be considered the office philosopher as he often talks about finding the perfect work-life balance, which he pursues by filling his time away from the office with golf, hockey, baseball, time with family and on whatever beach he can find.
Guest: Mark Frentz, Real Estate Investor & Executive Coach
We want to have more time, more freedom, more money, better relationships, but in order to get what we want, we need to DO specific things in a specific way, and the only way to ensure we can accomplish this we first need to become.
This week’s guest Mark Frentz, Real Estate Investor & Executive Coach helps business people find their passion, tap into their confidence & make money doing what they love.
His main message is that we need to trust ourselves enough to invest in ourselves. Also, smile more, seek to understand and listen to people because you learn when you are listening. If you put the time and patience into something this will all lead to your success.
In this episode you will learn about:
– Common things people can’t get past
– Solutions to the fear of sales
– Tips on networking virtually
– Strategies for attracting JV partners
– Tips for practicing patience
– Action items for planning
At the age of 20, Mark sat in an audience where the speaker challenged “become sagacious in order to invest in others” This ignited a spark in him, a lifelong passion was born. To learn and grow in multiple areas and disciplines making it possible to invest, support and experience positive change in himself and those who reached out to him.
Over the past 17 years Mark has lived in Sweden, then in China, studied multiple languages, achieved a master’s degree in psychology, and thrown himself into fields that much of our society talks about with discomfort. His draw always to reach those who are in the deepest need. Supporting his greatest passion to journey with others no matter where they find themselves in order to grow, together, at a pace that fits the individual.
Home is Calgary working as a consultant with the Proctor Gallagher Institute focusing on how people can reach much more of their potential by understanding their deepest desires and then learning motivation and moving past procrastination toward success, inspiration, and fulfilment in life.
Get in touch with Mark:
Website: https://markfrentz.com/
Instagram: https://www.instagram.com/markfrentzcoaching/
This episode has been brought to you in part by:
The Canadian Real Estate Association – https://www.crea.ca/
Secondary suite conversions are a very lucrative strategy and you can make a lot of money doing it however if they are not done properly, they can cost you just as much. This week’s guest, Ronald De Coteau, Real Estate Investor & President of Property Pathways Inc decided to take action by focusing on secondary suite conversions. He also leveraged his architecture and project management background and started a secondary suite conversion consulting business to help other investors navigate the world of secondary suite conversions.
Ronald has done 100-150 secondary suite designs for clients in the GTA area. He describes himself as the gatekeeper of this strategy and provides insights and advice on converting single-family dwellings into secondary suites. From understanding zoning, obtaining permits, and going through the renovation process his company will be with you every step of the way. His main message is that secondary suites are not a walk in the park, don’t be afraid to reach out to the experts.
In this episode you will learn about:
– The history of the secondary suite strategy
– Criteria for a secondary suite conversion
– Explaining zoning and flood plains
– Misconceptions when converting secondary suites
– Describing heritage buildings and designated areas
Ronald is the President of Property Pathways Inc. and delivers on his promise to pioneer an enriched design and construction management experience for real estate investors and their BRRR projects. He co-founded Property Pathways Inc. after seeking expert advice on the process of converting a single-family dwelling into a two-unit dwelling in Ontario and yielded unsatisfactory results.
By leveraging his years of experience and education in the commercial construction sector, he became a secondary suite zoning bylaws and building code subject matter expert and has since successfully assisted hundreds of real estate investors in Ontario on the legal secondary suite conversions process.
He has helped real estate investors identify Suite-Able properties, prepare building permit drawings, and develop unique renovation strategies. Property Pathways operations have little geographic sensitivity, as we support clients and a BRRR with legal conversion in major real estate investment centers in Ontario.
Navigating municipal zoning bylaws and building code in Ontario can be daunting when considering adding a cashflow property to your portfolio. So, we remove the problem and bridge the gap to creates a pathway to profits.
Get in touch with Ronald:
Website: https://www.propertypathways.ca/
Facebook: https://www.facebook.com/propertypathway
Instagram: https://www.instagram.com/propertypathways/
This episode has been brought to you in part by:
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
What would you do to get started in real estate? Would you take action or end up with analysis paralysis and not start at all? This week’s guest Francois Lanthier, Real Estate Investor decided to take action by living in his own flip projects. He did this on 3 different occasions over 6 years and then decided to make a change to the long term wealth creation strategy of multi-family.Francois provides insights and advice on how to scale your portfolio. He also shares how he has involved his family with real estate investing and that his kids are excited to get started when they are able. His main message is that you need to have a strong why to help you through the hard times and taking action by starting with one house and going from there.
In this episode you will learn about:
– Mortgage options and strategies for flips
– Financing tips for multi-family properties
– Strategies for approaching buyers with VTBs
– Tips for involving the family
– Self manage vs. property management
– Strategies for finding and dealing with tenants
– The 1% Rule
François Lanthier has been investing in real estate for the past 15 years but with a much heavier focus in the past 2 years after discovering the REITE Club. His portfolio is mostly centred around secondary markets where he’s found the ROI to be exceptional. He now has several multi-unit properties and in different provinces.He is an experienced Marketing and Communications professional with a demonstrated history of working in various industries such as real estate, interior design, consumer goods, professional services, healthcare and much more. He is skilled in Search Engine Optimization (SEO), Sales, Management, Business Development, and Social Media, SEM and email marketing through automated campaigns on Pardot and MailChimp.
Together with his wife and children, he’s building generational wealth with his company FL Homes Corp (Famille Lanthier Corporation).
Guest: Ryan Carson, Real Estate Investor and Lawyer
Let’s face it, succession planning and estate planning are the last things on investors’ minds as they scale their portfolios. Though one thing is for certain, no one lives forever so it is very important that you protect the assets that you worked so hard to acquire to secure your family’s financial future. Otherwise, the government and taxes could step in and take a huge chunk of that future.
This week’s guest, Ryan Carson, Real Estate Investor and Lawyer, provides insights and advice on how to plan your portfolio and succession plan at the same time. Also, Ryan discusses how change is the only constant in life and in order to stay in control and up-to-date, you need to have a proper lawyer and accountant on your power team so they can help you minimize any impacts on your family down the road.
In this episode you will learn about:
– Defining succession planning
– Personal vs. Corporate wills and their benefits
– Where to start if you are in the growth phase
– What happens if there is a conflict between a personal will vs. a corporate will
– The steps of estate administration
– How often should you review wills?
Ryan Carson is the fearless leader of the Carson Law team, establishing the firm in 2013 after working for someone else for 6 years. An undergraduate of Acadia University, Ryan majored in Kinesiology with intentions of going into the sports business or becoming a pro sports agent. The only athlete he ever represented never made it very far and Ryan found his true calling was working intimately with people, families, and businesses. His main focus is in corporate law, wills & estates and real estate law.
One of Ryan’s greatest accomplishments is the fact that he has grown from being a one lawyer shop with only a single administrator to where he now oversees the daily operations at two law firms that employ over 20 people combined. However, Ryan is most proud of the beautiful family that he has built, consisting of his wife and two children.
Ryan can be considered the office philosopher as he often talks about finding the perfect work-life balance, which he pursues by filling his time away from the office with golf, hockey, baseball, time with family and on whatever beach he can find.
Guest: Harry James, Real Estate Investor, and Entrepreneur
How do you handle the ups and downs and cyclical nature of real estate? Listen to the advice from someone who has been investing in real estate and in other businesses for well over 40 years. This week’s guest, Harry James, Real Estate Investor, and Entrepreneur, provides insights and advice on what he term’s value investing. He has invested in everything from commercial to single-family homes and everything in between. The biggest takeaways are to buy the building you are running your business in and to build wealth in real estate over time. Also, don’t be so focused on your goals, that you miss out on the present.
In this episode you will learn about:
How to manoeuvre the ups and downs of market shifts
Tips on breaking through fear and how to talk yourself through the tough times
Streetlight analogy
What is something tangible an investor can do today
Chinese bamboo plant analogy
How to keep yourself motivated to push forward
Harry James has been dispensing advice for real-life since 1984 and is a serial entrepreneur. He is also a businessman, a strategic consultant and a motivator. Harry has built one of Canada’s premier independent financial planning boutiques and sold it for an unprecedented price.
Along with his primary business, an extensive net worth building practice with a robust employee benefits division, Harry’s portfolio includes three restaurants, a natural stone quarry, and over the past 20 years, has orchestrated in excess of $100 million worth of real estate deals.
Harry has earned his black belt in successes and failures and that experience resonates with people. Many entrepreneurs that he has spoken to across Canada have adopted his “Vital Signs” philosophy of “building a business and a life” which is more than a personal philosophy, it’s what he lives every day.
Guest: Tony Miller, Real Estate Investor & Realtor
COVID-19 has had numerous impacts on the real estate market and for tenants and landlords. This special episode is a conversation with Tony Miller, Real Estate Investor & Realtor where he provides insights and advice on the real estate market and shares his survey results for small landlords. The biggest takeaway is we all need to do a better job of stepping up, getting involved and create a stronger community as professional landlords. Take Tony’s survey so that there will be more data for analysis and information will be posted in the forum at thereiteclub.com.
In this episode you will learn about:
– Updates on the cottage rental market
– LTB updates
– What is Bill 184 and what does it mean for investors?
– Tenant screening steps
– Small landlord survey results and insights
– Should you sell in this market?
Tony Miller is an Investor Focused Realtor and is also known as “Mister Ottawa.” He helps people build wealth, by sharing proven strategies and tools to invest in residential and commercial properties in and around the Ottawa area.
Tony will use your why/goals, financial situation, and intestinal fortitude (aka risk tolerance) to determine the best investment strategies that will help you reach your goals. He will be honest and when needed explain why the investment property you want to buy is a lousy investment.
He will take the time that is necessary to explain that using economic fundamentals and understanding the real estate cycle are the foundations to sound real estate investing. Tony only works with a limited number of clients at a time and will tell you if he is too busy for new clients. He will introduce you to the best Investor Focused Realtors in other markets if you choose to park your money elsewhere.
Tony has been interviewed by local and national media including MoneySense Magazine, Canadian Real Estate Wealth Magazine, and Rogers TV.
