Category Archives: Real Estate Investing

Macroeconomic Outlook & Regional Analysis for Real Estate Investors- Part 2 Q&A

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Guest: Robert Hogue, Senior Economist RBC

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode, Laurel was able to ask questions gathered from the REITE Club community about what the economy could look like in the next few months and years. As benchmark prices have risen for housing, the fear of missing out has grown even more causing an overheated market. Policies could be put in place by the government in the coming months to calm things down. RBC isn’t predicting a market crash but rather a possibly soft or harder landing with prices stabilizing. Canada had been sustaining a 30% growth in population and supply was way too low to meet demand.

Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 2 of 2 – the 1st part of this interview was an overview of the current market macroeconomic situation.

Listen to both episodes at https://www.thereiteclub.com/podcast

In the Part 2 episode you will learn about:

  • RBC is concerned about the market
  • The fear of missing out is fueling the madness
  • 40% downpayment for investment properties could be considered
  • Canada could crackdown on investors to cool the market
  • Savings went to housing & the stock market
  • The roaring 20s – 2021’s version could lead to massive inflation

Find out more about Robert’s work:
Resources:  http://www.rbc.com/economics/
https://thoughtleadership.rbc.com/

Listen to the full episode at https://www.thereiteclub.com/podcastThis episode has been brought to you in part by
White Elm Design Build – https://www.whiteelmdesignbuild.com/

Macroeconomic Outlook & Regional Analysis for Real Estate Investors

Podcast, Real Estate, Real Estate Investing

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Guest: Robert Hogue, Senior Economist RBC

The ownership market and rental markets have changed tremendously during the pandemic. Canadians have been saving more than ever and those on the higher end of the economic scale are faring much better than before while those on the lower end are suffering much more. Affordability and pricing increases are happening all over the country. It used to be only in large markets but now it is happening in small towns and a major shift is taking place.

Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 1 of 2 – the 2nd part of this interview will be a Q&A with questions from The REITE Community.

Listen to the full episode at https://www.thereiteclub.com/podcast

In this episode you will learn about:

  • Will the government be stepping in to cool off the market?
  • Economic outlook: 2020 vs. today
  • Strong demand and low inventory…
  • Sellers are in the driver’s seat even in markets that used to be struggling
  • Pressure is more intense in already hot markets
  • Prices didn’t skip a beat overall
Find out more about Robert’s work:
Resources:   http://www.rbc.com/economics/
https://thoughtleadership.rbc.com/

Listen to the full episode at https://www.thereiteclub.com/podcast

This episode has been brought to you in part by
Private Money 4 Mortgages – http://privatemoney4mortgages.com/

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

BM Select – https://bmselect.ca/

Exploring Alternative Investing Options

Podcast, Real Estate, Real Estate Investing, Real Estate Investor

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Guest: Steve Blasiak, Private Market Specialist

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/

Private $ 4 Mortgages – http://privatemoney4mortgages.com/

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

Lessons Learned In Scaling Up To Over 200 Doors

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

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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:

Website: https://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

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

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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

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

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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

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

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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

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

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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/

Actions Toward Living Healthier & More Fulfilled Lifestyles

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

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Wendy Dodds was a formerly overweight, tired and uninspired mom, who was going through the typical everyday motions with outward smiles and inward screams. She decided this was not how her story was going to end. So, she ditched the excuses, surrounded herself with the right people, filled her body with the best nutrition, and finally got her life together in every way imagined.

Guest: Wendy Dodds, Success Coach & Freedom Finder

Wendy Dodds was a formerly overweight, tired and uninspired mom, who was going through the typical everyday motions with outward smiles and inward screams. She decided this was not how her story was going to end. So, she ditched the excuses, surrounded herself with the right people, filled her body with the best nutrition, and finally got her life together in every way imagined.

Now a passionate Fitness Coach & Instructor, Global Networker, Online Business Owner and Motivational Influencer, Wendy is a former HR professional, spending 17 years on the corporate side, and five years ago overcame her own personal struggles physically and mentally. She spends her time helping people across the globe transform their lives physically and financially, to live a life of unbridled awesomeness. 

Living in Ottawa, Canada with her husband and two teen girls, Wendy has helped hundreds of women unleash their infinite potential, while helping them get fantastically healthy and live a life of true abundance and freedom.

 
In this episode learn about: 

– Top 3 things people struggle with today
– Things to do everyday to feel passionate and excited
– Intermittent fasting and why it is important
– Morning ritual tips
– Tips to figure out your why

To get in touch with Wendy:
Instagram: https://www.instagram.com/thedoddsylife/
Facebook: https://www.facebook.com/thedoddsylife
LinkedIn: https://www.linkedin.com/in/wendydodds/
Email:  wendy@thedoddsylife
Website: www.thedoddsylife.com

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?