Category Archives: Education

How Goals Can Dictate Your Investing Strategy

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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Tim Tsai is a full-time investor currently living in Edmonton, AB. He began his real estate career as a Rich Dad/Legacy student in 2010 and has been the advanced trainer for Lease Options in Canada.

Guest: Tim Tsai, Real Estate Investor, Mentor & Coach

Tim Tsai is a full-time investor currently living in Edmonton, AB. He began his real estate career as a Rich Dad/Legacy student in 2010 and has been the advanced trainer for Lease Options in Canada.

With years working in the corporate environment and experiences in running other traditional businesses, Tim knew there had to be “smarter” ways to generate income and create long-term wealth.

After attending Rich Dad Education’s 3-day basic training, he decided to take his financial future into his own hands with the enrollment of their largest training package. After a few core courses, Tim received a boost from mentorship and said “that’s when life really got put on the fast track!” As a result, he was able to not only pay for his entire training tuition with his 1st deal but also successfully exited the rat race 2 years after his first training.

In the past few years of his real estate investing career, Tim has worked in various Canadian and US markets using a variety of strategies – income properties in single- and multi-family units, lease options (both residential and commercial), bridge financing, rehab, wholesale, infill development, and mobile home parks, etc.

In 2017, with the network he’s built, Tim also started investing in the UK.

In this episode learn about: 

– What are lease options
– Finding your why
– Finding deals
– Raising capital tips
– What is OPM?

Building Systems & Relationships for Successful BRRRRs

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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At 24 years of age, Austin has used his unique investment strategy to grow his real estate portfolio to over 7 properties. He began in September 2018 starting with an initial investment of $50,000, with holdings in Windsor and Toronto and now has over $2mil assets under management, generating over $125,000 in yearly revenue.

Guest: Austin Yeh, Real Estate Investor

At 24 years of age, Austin has used his unique investment strategy to grow his real estate portfolio to over 7 properties. He began in September 2018 starting with an initial investment of $50,000, with holdings in Windsor and Toronto and now has over $2mil assets under management, generating over $125,000 in yearly revenue. 

Austin started exploring the world of real estate investing after reading the classic book, “Rich Dad, Poor Dad” by Robert Kiyosaki. At the age of 23, he purchased his first property in Windsor, Ontario without having the right systems, teams, knowledge, or education in place. 

Putting his entire life savings in the investment, as well as borrowing money from his mother, father, and girlfriend, made Austin’s first real estate investment an extremely stressful experience.

Although the deal was still profitable, Austin learned from the mistakes he made in his first investment and decided to spend hundreds of hours and thousands of dollars building his real estate IQ with the help of some of the most respected Canadian real estate investors.

Fast forward and Austin has spoken in front of an audience of over 300 investors at one of the largest real estate conferences in Ontario and has founded the RISE Network which has grown to over 300 members and has attracted over 70+ attendees in the monthly events.

In this episode learn about: 
– Managing properties from out of town
– Organizing the renovation processes
– Hiring people and building a team
– 7 Degrees of Why
– Structuring Joint Venture Partnerships
 

Great Ways to Deal with Stress and Uncertainty

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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Dr. Colleen McQuarrie founded the Ottawa Integrative Health Centre in 2004 and continues her role as the Clinic Director while practicing as a full-time Naturopathic Doctor. Her primary focus is family health, fertility, prenatal care, menopause, pediatrics and functional neurology. In 2010, she was awarded the Ottawa Business Journals “Top Forty under 40” award.

Guest: Dr. Colleen McQuarrie, ND – Naturopathic Doctor

Dr. Colleen McQuarrie founded the Ottawa Integrative Health Centre in 2004 and continues her role as the Clinic Director while practicing as a full-time Naturopathic Doctor. Her primary focus is family health, fertility, prenatal care, menopause, pediatrics and functional neurology. In 2010, she was awarded the Ottawa Business Journals “Top Forty under 40” award.

With over 15 years as a practicing Naturopathic Doctor, Colleen is passionate about health and provides seminars, workshops and lectures to special interest groups, as well as, medical students and the private industry.

Colleen has been a member of both the provincial and national Naturopathic Associations (OAND and CAND) since her days as a student. She remains engaged in her profession by acting as the Chair for the Board of Governors at the Canadian College of Naturopathic Medicine (www.ccnm.edu).

In this episode learn about: 

  • Managing stress levels
  • Sleep hygiene and sleep strategies
  • Whole foods and their benefits
  • Establishing routines
  • Power of meditation

Understanding Property Management From an Expert

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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Georgio Kosmidis has been managing people and assets for over 21 years. He is a firm believer that people and assets go hand in hand, in fact the people you lead are your greatest assets. He is the President of Arthex Property Management, a third generation Property Management Firm serving the GTA since 1972. They manage various properties from single family homes, condos, multi residential and industrial properties in the Peel, Halton and Niagara regions.

Guest: Georgio Kosmidis, Real Estate Investor & Property Manager 

Georgio Kosmidis has been managing people and assets for over 21 years. He is a firm believer that people and assets go hand in hand, in fact the people you lead are your greatest assets. He is the President of Arthex Property Management, a third generation Property Management Firm serving the GTA since 1972. They manage various properties from single family homes, condos, multi residential and industrial properties in the Peel, Halton and Niagara regions. 

Arthex’s mission is to provide a “harmonious”, safe, and peaceful environment insuring a financially secure future for all of the corporations that they manage. Quality Service is not the main objective in the company, it is the “only” objective. They aspire to amaze their owners, members, clients and tenants with the highest level of management expertise. They place their highest value in the relationships they hold with each and every individual associated with their firm.

Arthex is proud to be an ACMO, CCI, and IHM corporate member and has successfully obtained the prestigious ACMO 2000 Certification which distinguishes professional property management firms. They are pleased to have an A+ Better Business Bureau Rating. Arthex Property Management has registered and is licensed by the C.M.R.A.O along with all its managers ensuring they are in compliance with the new and updated Condominium Act.

In this episode learn about:

– Property management
– Tenant communication
– What your property manager should be doing
– Managing your own property vs. managing with a property manager
– Screening clients

To get in touch with Georgio:
Website: https://www.arthex.ca
Phone: 905-340-0622
Toll Free: 1-866-573-3878
Email: info@arthex.ca

Crisis Updates for Real Estate Investors – April 21st

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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In this special episode of The Reite Club Podcast, Sarah Larbi & Alfonso Salemi share their uncensored thoughts and opinions on the current market and how to prepare for the future for real estate investors during the chaos of the COVID 19 pandemic.

Hosts: Sarah Larbi & Alfonso Salemi

In this special episode of The Reite Club Podcast, Sarah Larbi & Alfonso Salemi share their uncensored thoughts and opinions on the current market and how to prepare for the future for real estate investors during the chaos of the COVID 19 pandemic.

This episode dives into various topics and opinions including an update on Kayla Andrade’s Ontario Landlord United lobby group, the struggles small landlords are facing and the possible outcomes, how Airbnb is providing assistance to their landlords and the possibility of a rent subsidy bank.

Feel free to agree or disagree with the thoughts and opinions discussed in this episode. This is for the purposes of sharing information during these unprecedented times.

Reach out to us if you are interested in being interviewed for a 5-10 minute segment to share your experiences with your current portfolio to keep the conversation going.

In this episode learn about: 

– Ontario Landlord Watch/United update
– The struggles of small landlords
– Airbnb Grants
– Rent subsidy bank

Crisis Updates for Real Estate Investors

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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In this special episode of The Reite Club Podcast, Sarah Larbi & Alfonso Salemi share their uncensored thoughts and opinions on the current market for real estate investors during the chaos of the COVID 19 pandemic.

TRC Special Episode (1)

Hosts: Sarah Larbi & Alfonso Salemi

In this special episode of The Reite Club Podcast, Sarah Larbi & Alfonso Salemi share their uncensored thoughts and opinions on the current market for real estate investors during the chaos of the COVID 19 pandemic.

This episode dives into various topics and opinions including why interest rates are plummeting but mortgage rates are not, variable vs. fixed mortgages, why a savings buffer is important, why you should or should not defer your mortgage and the implications to your credit score.

Feel free to agree or disagree with the thoughts and opinions discussed in this episode. This is for the purposes of sharing information during these unprecedented times.

In this episode learn about: 

– Interest rates vs. Mortgage rates
– Mortgage deferrals
– Importance of savings
– Taking control of your credit
– Advanceable mortgages

The Secrets to Successful Flips from The Fruitful Investor

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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Mat Piche is a real estate investor and agent specializing in the Kitchener-Waterloo region and through his regular eating of a whole food plant-based diet has also become known as  “The Fruitful Investor” with which he has built his brand. Mat is also a skilled carpenter in residential renovations. 

Guest: Mat Piche, Real Estate Investor, Carpenter and Realtor
 
Mat Piche is a real estate investor and agent specializing in the Kitchener-Waterloo region and through his regular eating of a whole food plant-based diet has also become known as  “The Fruitful Investor” with which he has built his brand. Mat is also a skilled carpenter in residential renovations. 
Mat bought his first investment property on his 22nd birthday. This purchase marked a major turning point in his life, giving him the confidence he needed to quit his job and start his own renovation company strictly for other investors. Mat’s innovative renovation methods for saving client’s money set him apart from his competitors and earned him the respect of many local investors, allowing him to build strong relationships and connections with them. 

Going from broke carpenter at 20 years old to now owning 23 properties by the age of 30, his own portfolio did mostly comprise of single family homes but more recently he has been expanding into multiplex units, student housing and flips. Scaling his business accelerated by working with joint venture partners, all of whom he has attracted through his YouTube channel and social media activity.

Mat is now focused on helping more people also create freedom in their lives by owning quality investment properties by specializing, educating and helping them through his podcast, videos, coaching and The Fruitful Investing Academy. His real estate investing life has enabled him to have the freedom to follow his passion for travelling and eating fruit around the world. 

 
 You will learn about:
– Pros and cons to having a realtor license as an investor
– Basic principles and strategies when making deals
– Incentives for trades  
– More than Money Mondays
– Investing pitfalls

Pros and Cons of Different Investment Strategies

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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Dave DiMarcantonio can be described as a do-it-yourself investor in both real estate and paper assets. He has been investing in real estate since late 2006 and owns several small commercial office condos in Burlington.

Guest: Dave DiMarcantonio, Real Estate Investor

Dave DiMarcantonio can be described as a do-it-yourself investor in both real estate and paper assets. He has been investing in real estate since late 2006 and owns several small commercial office condos in Burlington.

Dave is a long term student of the financial markets. His work in understanding trading, investing and financial markets are on-going and evolving, having been initially introduced to trading around the year 2000, but more seriously since 2006/7.

One of Dave’s core philosophies is that “Consistent processes lead to consistent outcomes.”  These days he develops and codes computerized trading and investing models that can be back-tested, quantified and then executed in live markets as automated trading strategies that require minimal on-going daily thought or intervention.

Dave currently assists other Systematic DIY Traders and Investors to structure themselves for consistency while sharing trading strategies and processes within his growing community at Systematic Investors Group

In this episode learn about: 

– Explaining paper assets and its pros and cons
– Differences between the stock market and real estate
– Real Estate Investment Trust (REIT) Trading 
– Different stocks playing fields
– Technical analysis and Systematic trading

Sustaining And Building Your Real Estate Investing Business During A Crisis

Education, Investing, Podcast, Real Estate, Real Estate Investing, The REITE Club

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In this special episode of The Reite Club Podcast, Benjamin Tal answers some of your burning questions and puts some of the concerns to rest on being a real estate investor through this pandemic. The biggest takeaway is to stop, take a breath and consult with trusted sources in order to carefully make meaningful decisions and that this pandemic will pass in time.

Guest: Benjamin Tal, Deputy Chief Economist, CIBC

In this special episode of The Reite Club Podcast, Benjamin Tal answers some of your burning questions and puts some of the concerns to rest on being a real estate investor through this pandemic. The biggest takeaway is to stop, take a breath and consult with trusted sources in order to carefully make meaningful decisions and that this pandemic will pass in time.

In this episode learn about: 

– What real estate investors can expect from the Bank 
– Differences between the market vs. the economy 
– Globalization 
– Purpose built apartment buildings 
– Negative interest rates 
– Gross Domestic Product (GDP)
– Are we in a recession? 

Benjamin Tal is responsible for analyzing economic developments and their implications for North American fixed income, equity, foreign exchange and commodities markets. He also acts in an advisory capacity to bank officers on issues related to wealth management, household/corporate credit and risk.

Well-known for his ground-breaking published research on topics such as labour market dynamics, real estate, credit markets, international trade and business economic conditions, Benjamin not only contributes to the conversation but also frequently sets the agenda.

He has close to 20 years of experience in the private sector advising clients, industry leaders, corporate boards, trade associations and governments on economic and financial issues.

National and global media regularly seek him out for his insight and analysis on economic issues that impact financial markets, consumers, corporations and public policy. He is also a frequent lecturer in the economic programs of various Canadian universities.

Benjamin is a member of the Economic Committee of The Canadian Chamber of Commerce, The Economic Development Committee of the Toronto Board of Trade. He is also a member of board of Governors of Junior Achievement of Central Ontario, and a board member of the Toronto Financial Services Alliance

Don’t Sweat the Small Stuff and Don’t Sweat the Big Stuff Either

Education, Podcast, Real Estate, Real Estate Investing, The REITE Club

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Understanding and Managing Stress in Difficult Times

In this special Mind Estate episode of The Reite Club Podcast, Nancy Morris explains stress and how to manage it in these difficult and unprecedented times. She discusses the tricks and tools on how to keep us feeling safe such as laughter and guided meditation. She also discusses the psychology behind the bare toilet paper shelves in many grocery stores and how we will get through these tough times together at a distance.

Guest: Nancy Morris, Performance Psychology Consultant

In this special Mind Estate episode of The Reite Club Podcast, Nancy Morris explains stress and how to manage it in these difficult and unprecedented times. She discusses the tricks and tools on how to keep us feeling safe such as laughter and guided meditation. She also discusses the psychology behind the bare toilet paper shelves in many grocery stores and how we will get through these tough times together at a distance.

In this episode learn about: 

 – Controlling stress and high stress situations
– Levels of perception
– Social distancing
– Guided meditation
– The AFGO Analogy
– Things you can and can’t control
Nancy Morris is a Business & Performance Psychology Consultant, Speaker and Author. She has 19 years of academics under her belt and is about to pursue a Ph.D. Some of her clients refer to her as a “un-guru” – a no-nonsense specialist in translating the academic theories of business psychology and people development into actionable insight for the real world.

For almost 20 years, Nancy’s science-backed systems have helped thousands of solopreneurs and self-employed professionals (e.g./ lawyers, commercial and residential real estate agents) master the mental game of productivity, creating more consistent revenue and feeling more confident, focused and valuable at work.

To get in touch with Nancy:
Personal Website: http://nancymorris.com/
Email: nancy@nancymorris.com