Guest:Tim Tsai – Real Estate Investor, Mentor & Coach
Anyone can turn around a bad situation. Tim has survived 3 heart attacks at a very young age and chose to change his lifestyle completely. He reinvented himself and is now helping others do the same through his coaching. By helping enough people, you end up helping yourself! As an investor, focus less on the vehicle and more on the end goal.
In this episode you will learn about:
Tim’s history of heart issues – multiple heart attacks at a very young age
How to transition from a poor mindset to becoming a successful real estate investor
Changing your priorities as a high performer
Empowering others to trust their talent
It’s not about the doors, it’s about focusing on what matters
30 months does not seem like a long time in investing but when you have perseverance and focus you can do extraordinary things. For example in that time, this week’s podcast guest Mark Baltazar, Real Estate Investor, has been able to grow his portfolio to $7.6 million in apartment buildings, has hosted a course, started a podcast and retired from his full-time job.
Mark provides insights and advice on apartment building investing and goes through the criteria of what a good deal looks like. He also shares his story of leaving his full-time job and how his schedule has changed. Finally, he shares insights on financing options and the various options to improve tenant cash flow and vacancy rates.
The main message is that anyone can invest in apartment buildings, as long as you educate yourself and surround yourself with the right people. It may seem harder at first but absolutely anyone can do it.
In this episode you will learn about:
Mark’s story of leaving the full-time job world
How tasks are divided with business partner
Finding deals and financing options
Tenant turnover options
What is the exit strategy
With 18 years of experience in business strategy and corporate consulting on the global stage, Mark brings a wealth of business management and operational expertise to real estate investing. Winner of the Real Estate Investment Network’s Top Player Award in 2017, Mark continues to build strong momentum in growing his real estate portfolio.
His strong analytical background enables him to bring a strategic rigour to portfolio expansion and the assessment of investment opportunities.
With 5 years of real estate investing experience across various strategies, Mark oversees Peak’s capital raising, client acquisition, partner relations, educational content development while ensuring the company delivers on its promise of helping others build generational wealth through apartment building investing.
Guest: Dylan Suitor, Real Estate Investor & Realtor
This week’s podcast guest Dylan Suitor, Real Estate Investor & Realtor, has always been exposed to real estate through his mother who was a mortgage broker. However, since becoming a serious real estate investor in 2018, Dylan has been able to scale to over 350 doors. He has done everything from flips, student rentals, Airbnbs, duplex conversions, triplex conversions and a 32 unit apartment building.
Dylan provides insights and advice on how to scale up your portfolio in a short amount of time by surrounding yourself with the right people and having the right mindset. He also provides advice on personal development and that growth can be chaotic but rewarding if you invest the time in yourself. Finally, he shares why he has invested in brokerages so that he can pass along the learning to other real estate agents in the business.
Dylan’s main message is that COVID is probably the greatest opportunity in our lifetime. In fact, opportunity shows up as obstacles and the time is now to go out there to find and execute on deals.
In this episode you will learn about:
The power of surrounding yourself with people who can help you grow
Dylan’s typical schedule & what keeps him up at night
Breaking down a 32 unit apartment building deal
Insights on how not to panic or lose sleep in real estate
Expanding and investing in brokerages
2021 goals and next steps
Dylan Suitor is dedicated to offering his “Industry Best” expertise in residential real estate for clients in the Niagara, Oakville, Burlington and Hamilton area. He believes in assisting clients in every endeavour whether buying a new dream home or selling the latest strategic residential business investment.
By upholding a 0% contract cancellation rate, Dylan strives to guarantee client satisfaction by utilizing an extensive knowledge of property renovation and a vast network of industry contacts. He will facilitate a customer’s every desire while smoothening the real estate transaction when marketing properties far and wide.
Dylan’s team of qualified and committed real estate agents will get the job done right! By honing his team of agent’s real estate matching skills through continuous education and professional development, he maintains a competitive edge for the individuals and families they work with. He can ensure that his customers receive the best price for their home; prices they deserve. More importantly, Dylan listens to all his client’s wishes to only deliver those properties that match their needs.
With more than a decade of continuously improving performance and results in successfully helping clients, Dylan offers the ultimate customer service strategies, has met all key goals and deadlines for clients, and negotiated real winning results. His team of agents are all committed to doing the same.
Would you ever leave a six-figure job with a nice pension and benefits? Well this week’s podcast guest Adrian Panozzo, Real Estate Investor, was able to replace his income and left his job as a police officer earlier than expected. Initially, the plan was to make some passive income through real estate investing to subsidize his pension.
What was supposed to be 2 doors ended up exploding to over 200 doors in only 10 years using the Buy, Renovate, Rent, Refinance, Repeat (BRRRR) strategy in the Hamilton area. Adrian provides insights and advice on how to get started in real estate using your home equity and surrounding yourself with the right professionals. He also provides advice on utilizing joint venture partnerships and how to go about attracting them. His main message is to take action and just get started in real estate.
In this episode you will learn about:
Advice on getting started
Mistakes learned along the way
Insights on joint venture partnerships
Tips on how to approach potential joint venture partners
Common exit strategies used
Adrian Pannozzo AKA “Mr. Cash Flow” has a passion for helping others like him achieve generational wealth through his “buy, renovate, and refinance” strategy. He is changing the way people invest in multifamily real estate and looks to partner with people to help build generational wealth.
He was able to retire early after only 21 years as a Police Sergeant with the Peel Regional Police because of his investment successes. Nine years later, he has successfully partnered with a multitude of different investors. Adrian’s professional portfolio, built in less than a decade, is undeniable proof of his expertise, consisting of 50 investment properties or the equivalent of 200+ doors.
Adrian is the founder and co-owner of Executive Properties Inc., a full-service property management company, the founder of Executive Properties Capital Inc., an investment company, co-founder of Mackay Realty Network and a sales representative with Keller Williams Complete (independently owned and operated).
Guests: Sarah Larbi, Alfonso Salemi, Laurel Simmons & Daniel St-Jean
What are the most memorable moments? Past guests? Remember those live events?
Reite Club Co-Founders, Sarah Larbi, Alfonso Salemi, Daniel St-Jean & Laurel Simmons reflect on the past 4 years sharing their most memorable moments and guests that have been on the podcast and at live events. They also discuss some positive takeaways from 2020 and how things have changed with the pandemic and having to be extra creative during these uncertain times.
New this year is the Reite Club Online Community (ROC). It is a place where you can go to find real estate investing and business answers and network with like-minded people. There are interactive forums, all of the podcast episodes and hours of videos with a wide range of real estate investing training and education. It is free to join so take advantage of this opportunity to Come Grow With Us at www.thereiteclub.com.
Real estate investors and entrepreneurs are naturally out of the box thinkers and are constantly looking for ways to diversify their portfolios. Without even realizing it, they may even already have alternative strategies such as second mortgages and alternative lending. This week’s podcast guest Steve Blasiak, Private Market Specialist, provides even more alternative investment options and the biggest difference is that these investments are regulated.
Steve provides insights and advice on alternative investment options. He also walks us through examples of different short-term, medium-term and long-term investment options. His main message is that there are many alternative investment opportunities and it is a great way to balance your portfolio.
In this episode you will learn about:
Alternative investing options and opportunities
Why have people not heard of alternative investing before?
Understanding the risks of these investments
Examples of short term, medium-term and long-term investment options
Explaining the pension style portfolio
Stemming from a background immersed in the residential and commercial construction industry, Steve Blasiak brings over 30 years of accumulated experience to his current passion and post in wealth management consulting.
Beginning with coating sales, Steve’s subsequent success in recycled paints garnered national attention and new and ever-evolving conversations as a Green LEED (Leadership in Energy and Environmental Design) consultant with all interested parties; from contractors to architects, property managers to land developers, all contributed to Steve’s diverse understanding and innate ability to assess value for money as it pertains to property development.
Steve focuses on commercial industrial and retail service and sales solutions; applying communication and behaviour strategies that exemplify persuasion and influencing excellence. His expertise with key account management and relationship development has been a direct reflection of his unwavering positive energy. Beyond business, presentation, motivation and training success, he incorporates a personal coaching style and skill that offers individuals the opportunity of achieving the balance they seek between their business and personal life.
Comfortably transitioning from on-the-scene to behind-the-scene, Steve now enjoys the role of creating investor and investment matches, both as a licensed Mortgage Agent and Private Market Specialist. Recognizing a sound investment opportunity includes all aspects; from concept and strategy to the communication and execution and everyone involved. Steve aims as his mission to maximize all potential gains for both investor and investment success.
Get in touch with Steve:
Website: https://pinnaclewealth.ca/
Phone: 416-464-3085
This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
Guest: Chris Prefontaine, Real Estate Investor & Author
There are many real estate investing strategies out there and some of them come from having to be creative. This week’s podcast guest Chris Prefontaine, Real Estate Investor & Author, did just that and came up with a new niche strategy after the 2008 market crash that has made him very successful.
Chris provides insights and advice on buying and selling on terms. He also walks us through his own creative rent to own strategy that combines with vendor take backs that have proven to be very successful. His main message is that during these crazy times, you can do it, the only thing stopping you is you.
In this episode you will learn about:
Things Canadians need to learn in order to invest in the U.S
Defining terms investing
Advantages of owner financing
Markets to invest in and why
What does an average deal look like
The VTB process and tips for approaching sellers
Chris Prefontaine is a three-time best-selling author of Real Estate On Your Terms, The New Rules of Real Estate Investing and Moneeka Sawyer’s Real Estate Investing for Women. He’s also the founder and CEO of SmartRealEstateCoach.com and host of the Smart Real Estate Coach podcast.
Chris has been in real estate for almost 30 years. His experience ranges from constructing new homes in the 90s and owning a Realty Executive Franchise to running his own investments (commercial & residential) and coaching clients throughout North America.
Today, Chris runs his own buying and selling businesses with his family team, which purchases 2-5 properties monthly, so they’re in the trenches every single week. They also help their associates and students do the exact same thing all across North America, working together on another 10-15 properties every month.
Having been through several real estate cycles, Chris understands the challenges of this business and helps students navigate the constantly changing real estate waters.
Get in touch with Chris:
Website: https://smartrealestatecoach.com/ Get a copy of Chris’ Free Book: freesrecbook.com\reiteclub Free webinar: www.smartrealestatecoach.com/webinar
Guest: Mathew Frederick, Real Estate Investor and Mentor
The headlines are telling us commercial real estate is under pressure because of the pandemic. But is that really the case?
This week’s podcast guest Mathew Frederick shares some of the strategies that he is using to uncover opportunities in commercial real estate for him and his students.
In this episode learn;
What is commercial real estate and what are the investing benefits
How the market changed with COVID and finding off-market deals
How culture, talent and leadership affect success
How to apply systems and strategies to uncover opportunities
Thinking differently about commercial property space to maximize return
With almost 30 years of experience in real estate investing, there is not a strategy that Mathew has not executed. His vast portfolio spans across residential, commercial, new development, fundraising, USA, off-shore & coaching.
Mathew Frederick began his career as a soldier in the Canadian Armed Forces Reserve, where he developed his stellar leadership and strategic thinking skills. After studying Computer Systems Technology, he joined a major bank as a Computer Systems Analyst.
While teaching Computer Business Systems at the post-secondary level, he began investing in residential real estate and learning how to find, analyze, negotiate, finance, upgrade, tenant and manage rental income property.
Mathew started in residential income property before expanding to buy-fix-sell, lease option, commercial buildings, new development projects, self-storage & modular homes. He now focuses on managing the assets of commercial portfolios, including plazas and multi-family buildings.
Today, Mathew designs and teaches real estate & business courses. While he is exceptionally accomplished, he has made his share of mistakes. Through his experiences of both success and adversity, Mathew has learned the value of resilience, persistence & partnership and mentors and coaches investors in real estate & business acquisition.
Get in touch with Mathew:
Websites: rccsol.com
Email: mathew.f@rccsol.com
This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
Guest: Ken Bekendam, Real Estate Investor and Conversion Specialist
The conversion process can be very daunting for any investor, especially for larger projects however if you have someone like Ken Bekendam, Real Estate Investor and Conversion Specialist on your side you will be all right. Ken is the expert when it comes to conversions whether it is a duplex or 18 units. In fact, he has assisted and educated over 100 investors with their conversion projects.
Ken provides insights and advice on conversion projects, specifically converting mixed-use and commercial buildings into residential units. His main message is the trends right now are to have more units under one roof, look for bigger buildings that you can add more dwelling units since duplex conversions are going the way of single-family homes where they are not as profitable.
In this episode you will learn about:
Challenges in converting storefronts & mixed-use buildings into fully residential units
How do investors figure out if a conversion is an option?
Explaining the conversion process
Defining variance
Working with the city, building codes and zoning insights
After getting started investing personally in 2010 Ken and his partners own and manage 50 rental units, spread across 22 properties consisting of student rentals, second suites, duplexes, triplexes, 4 plexes and a larger 12 unit building. His family also owns a self-storage facility and a shipping container storage business called The Moving Box.
Ken, now a full-time investor, manages the real estate portfolio and is responsible for new purchases and renovations. He helps many other investors with their portfolios through rental property renovations and legal second suite conversions. Ken does permit drawings and also renovations for others as well through his construction company King Homes Inc. Ken is in the trenches daily working on and managing all types of conversion projects and has gained a number of cuts and bruises that he wishes to share with you so that we can all learn. They are working on a number of legal second suite conversion projects in Brantford, Hamilton and St.Catharines.
With his son Kingston, Ken lives on a 10-acre hobby farm just outside of Ancaster and has 11 Alpacas, 1 quarter Horse, 2 mini ponies, 7 goats, 7 potbelly pigs, 1 sheep, 2 peacocks and 3 dogs (one schnauzer poodle and 2 Bernedoodles). 34 Animals in total.
Guest: Susan Flanagan, Real Estate Investor and Mortgage Broker
Private money and creative financing is something that all investors will have to learn about and utilize if they want to scale up their portfolios. This week’s guest, Susan Flanagan, Real Estate Investor and Mortgage Broker, is the matchmaker between borrowers and lenders when it comes to private money.
Susan provides insights and advice on private money and the reasons why investors would want to use private money. It can be the wild west out there when it comes to private money however if you have someone like Susan who can educate you on your side you will be all right. Her main message is to hang in there with COVID-19, we are all going to survive this and we are going to grow whether it’s good or bad news in the economy.
In this episode you will learn about:
– Definition of private money
– Common reasons for investors to use private money
– Top things to consider before you lend and before you borrow
– How can a 2nd mortgage be helpful for those coming up on a refinance?
– Things to have ready to go to lenders & borrowers
Susan Flanagan started real estate investing by accident when she was an Emergency Nurse but soon became hungry for more and ended up with a second investment property in little over a year and has now been investing in Real Estate for over 25 years.Her Real Estate journey started with a condo purchase in the early 1980’s, then continued with purchasing duplexes, student rentals, rent-to-own projects and also homes to fix and flip even when working in nursing in California.While still buying properties Susan also started lending money from her RRSP funds for mortgages. Initially, it was hard to find people to lend money to but once it started taking off she soon ran out of her own money and started helping investors make a connection with others who had private money to lend.
Susan was effectively brokering deals so she realized she needed to obtain a mortgage licence so that she could assist borrowers and lenders on a regular basis. Now as the Principal Broker/Owner of “Private Money 4 Mortgages – Lic #13251” , Susan’s mortgage brokerage specializes in private mortgages.
Now, most of her real estate investing is done with private lending for mortgages through registered funds (RRSP, RESP, RRIF, TFSA, LIRA) as well as using cash.
