Category Archives: Podcast

Understanding The Conversion Process For Larger Projects



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.

This episode has been brought to you in part by:
Private $ 4 Mortgages – http://privatemoney4mortgages.com/Elevation Realty – http://www.elevationrealty.ca/

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


An Introduction To Private Money & Creative Financing



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.

Get in touch with Susan:
Website: 
http://privatemoney4mortgages.com/
Email: susan@privatemoney4mortgages.com
Phone Number: 519 803 1642This episode has been brought to you in part by:
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/Private Buyers – https://privatebuyers.ca/

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


Secrets On Being A Great Landlord During A Crisis



Guest: Kayla Andrade, Real Estate Investor & Landlord Advocate 

 
Covid 19 has been around for more than 6 months and there have been many changes and updates to the landlord-tenant relationship. There are constant changes to bills and government programs that all landlords need to be aware about. This week’s guest, Kayla Andrade, Real Estate Investor & Landlord Advocate, is the expert on being a landlord and started the Ontario Landlord Watch group with the focus of all landlords in Ontario joining forces to make their voices heard against the injustice of Government actions.
 

Kayla provides insights and advice on being a landlord during these times and updates on the new bills and government programs available to tenants. Her main message is to network with as many landlords as possible, get to know them, where they are from, what they like to invest in and work together as a team for the protection of your rental properties.

In this episode you will learn about:

  • What does a payment plan look like?
  • New bills and updates on government programs
  • Next steps/call to action for landlords
  • Getting into property management
  • Market insights and updates
  • Steps to take when getting a new portfolio
Kayla Andrade has 17 years of real estate investing experience and is the President of the Ontario Landlords Watch which provides a comprehensive service to members through education, policy development and advocacy.

Ontario Landlords Watch serves residential landlords and property managers, providing members with a vast network of resources from landlords, property managers, realtors elected officials, businesses, legal services, and consulting.

In their Facebook and private chat groups, they discuss topics that affect investors/landlords’ livelihoods, with the purpose of creating a dialogue for positive change. Subjects include, but aren’t limited to:

  • The Residential Tenancy Act
  • Landlord and Tenant Board
  • Municipal by-laws that affect rental properties
  • Case studies involving experiences with troublesome tenants.

Bottom line – OLW provides landlords with the opportunity to have their voices heard, in order to create solutions for the betterment of the rental housing industry in Ontario.

Get in touch with Kayla:
Instagram:
 https://www.instagram.com/ontlandlordswatch/
Facebook: https://www.facebook.com/OntarioLandlordsWatch/
LinkedIn: https://www.linkedin.com/in/kayla-andrade-b4855648/

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

Private Buyers – https://privatebuyers.ca/

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


Lessons Learned In Scaling Up To Over 200 Doors



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,
Get in touch with Sandy:

Websitehttps://mackayrealtynetwork.com/
Instagram:
 https://www.instagram.com/mackayrealtynetwork/

Telephone #:
 416-567-3866
Email: sandy@mackayrealtynetwork.com

This episode has been brought to you in part by:

Canadian Real Estate Association – https://www.crea.ca/

Elevation Realty – http://www.elevationrealty.ca/
Butler Mortgage – https://www.butlermortgage.ca/

Understanding JV Agreements From A Legal Perspective



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.

Get in touch with Ryan:
Website
https://www.carsonlaw.ca

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

Private Buyers – https://privatebuyers.ca/

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


Helping You Reach Your Goals & Finding Solutions



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/

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

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


Understanding The Intricacies of Secondary Suite Conversions



Guest: Ronald De Coteau, Real Estate Investor

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/

Private Buyers – https://privatebuyers.ca/

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


How Live-In Flips Led To A Successful Portfolio



Guest: Francois Lanthier, Real Estate Investor
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).

Get in touch with Francois:
Facebook: https://www.facebook.com/profile.php?id=100005340579857
Instagram: https://www.instagram.com/fl_homes_corp/
LinkedIn: https://www.linkedin.com/in/francoislanthier/

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/


Losing It All as a Teenage Actor To Building a Real Estate Empire



Guest: Robby Clark, Real Estate Investor & Entrepreneur
What would you do if you were a teenage actor and lost all of your money? Would you feel sorry for yourself and give up, or would you try to get back on your feet? Well, this week’s guest Robby Clark, Real Estate Investor and Entrepreneur, decided not to give up. He ended up making all his money back again by waiting tables and then getting introduced to real estate investing.

Robby provides insights and advice on how to build your portfolio from nothing and how to decide which markets to invest in. His story is very motivational and highlights perseverance to the core. Robby’s main message is to get started, set high goals, and don’t ever quit.

In this episode you will learn about:
– How did you go from a teenage actor to building a real estate business?
– Importance of building a great team
– Advice on coping with naysayers
– Insights on the ups and downs of the economy
– The determining factors for investing in a market

Robby Clark grew up in the entertainment business and was a teen actor growing up. He ended up losing all of his money so he paid his dues and waited tables. Then he discovered the power of real estate investing in his early twenties and never looked back. He now has 250+ doors and focuses on finding undervalued homes, renovating them and recouping the value at the end.

As the owner of Sid Developments, Robby leads a network of companies & JV partnerships dedicated to redeveloping & improving small emerging cities across Ontario. They focus on finding undervalued assets, legalizing inefficiencies, and performing medium and major restorations.

Canada’s need for housing and support outside of its large cities is one of the most significant investment opportunities in the modern era. With philanthropic aid to raise cities from a depressed state, Sid Developments provides stability and support to citizens, property owners, renters, business owners, and municipalities. In short, they purchase and encourage others to buy in areas where the project cost is less expensive than the build cost.

Get in touch with Robby:
Instagramhttps://www.instagram.com/robbywclark/

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/


Creative Approach to Marketing, Content Creation & Podcasting



Guest: Bruce Outridge, Author, Speaker, Podcaster, and Television Host
Great branding and marketing strategies are the most important aspects of starting a business. In addition, your “why” is the most important aspect of your business. In fact, it can actually make or break your business. This week’s guest, Bruce Outridge, Author, Speaker, Podcaster, and Television Host, provides insights and advice on marketing strategies, content creation and podcasting.

His main message is that thinking outside of the box will help separate your business from other similar businesses and keeping it real and genuine is very important because people see right through that and you won’t get very far.

In this episode you will learn about:
– Where do the ideas come from?
– Different types of marketing
– Tips on thinking outside of the box
– Branding insights and advice
– The different ways to make money on podcasts
– Podcast editing tips and tricks

Bruce Outridge’s services include: helping people be more creative, content marketing, art entertainment for events, and inspiration for people to help them create the lives they want. He does this through his podcasts, books, articles, television show, and as a motivational speaker.

When your inspiration is drawing, writing, and speaking it can only lead to a person being creative and possibly even a motivational speaker. Bruce started drawing at the age of 10 years old and had to learn it on his own as he found art classes at school didn’t include drawing instruction. In fact, he used to get detentions in school for what he now charges hundreds of dollars for an hour in his art business.

At 16, Bruce’s passion for drawing turned to driving and he fell in love with the process. He spent 25 years driving transport trucks across North America which taught him more about dealing with people than school ever did. Bruce still works very closely with the trucking industry speaking on business and careers for the industry. In fact, he has his own podcast for truck drivers called The Lead Pedal Podcast for Truck Drivers.
At the age of 40, Bruce went back to school and that kicked off his entrepreneurial career. He learned creative writing, marketing, business, and he uses all of those skills in his business today. Since starting his art business back in 2003 on a part-time basis, Bruce took it full time in 2006 and stopped driving trucks. Since that time he has created comic books, built an art business, expanded into a consulting business, and now as a professional speaker.

Get in touch with Bruce:
Websitehttps://bruceoutridge.com/ 

This episode has been brought to you in part by:
Elevation Realty
 – http://www.elevationrealty.ca/

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