Category Archives: The REITE Club

Sustaining And Building Your Real Estate Investing Business During A Crisis



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



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


Understanding The Rent To Own Strategy



As a graduate of the University of Waterloo, in civil engineering, Adam Wissink realizes that a good foundation is key to success and he carries that into his work at JAAG. Building trust with both the Tenant Buyers and Investors through JAAG Properties’ personal approach to the Rent-To-Own process is at the heart of its success. It’s the little things that do this, as personally walking Tenant Buyers through their homes when they take possession or taking the time to discuss the program with Investors. It’s this level of commitment that reinforce JAAG’s commitment to each Tenant Buyer’s and Investor’s success.

Guest: Adam Wissink, Civil Engineer and Investor

As a graduate of the University of Waterloo, in civil engineering, Adam Wissink realizes that a good foundation is key to success and he carries that into his work at JAAG. Building trust with both the Tenant Buyers and Investors through JAAG Properties’ personal approach to the Rent-To-Own process is at the heart of its success. It’s the little things that do this, as personally walking Tenant Buyers through their homes when they take possession or taking the time to discuss the program with Investors. It’s this level of commitment that reinforce JAAG’s commitment to each Tenant Buyer’s and Investor’s success.

While working with Investors to ensure each of the Rent-To-Own programs is a successful investment, Adam ensures that the relationships that the company builds are beneficial and long-lasting. JAAG does everything from set up to completion. Investors appreciate that JAAG incorporates a hands-on approach to create passive investments for their Investors. One of Adam’s favorite events is the Annual Investor Appreciation Dinner as it reinforces the importance of building and maintaining those relationships.

Adam appreciates the positive energy of working with both the Tenant Buyers and Investors. He enjoys when Investors meet the Tenant Buyers they are assisting. He feels that a ‘do good to do well’ mindset is one of JAAG’s positive contributions to the community and always says tells both the Tenant Buyers and Investors that “Your Success in Our Business”!.

As a father of two, Adam has often taken his kids along when visiting Tenant Buyers for move-in day. His kids still talk about playing with the other children in different homes. He enjoys seeing the children interacting and knows that helping his Tenant Buyers and their families will impact those kids’ future. Some Tenant Buyers have been through bankruptcy or are self-employed. Either way as they are unable to obtain a mortgage today, JAAG makes homeownership a reality for the entire family.

Adam loves seeing pride that Tenant Buyers have in their homes. Tenant Buyers love and want to show off their homes and the upgrades they might have made. Their kids are excited to show off their bedrooms and their favorite spots to play hide-n-seek in the house. JAAG’s relationships with their clients are very different than the usual tenant/landlord relationship, with gratitude going both ways.
You will learn about:
– The foundation of JAAG Properties 

– How JAGG Properties is different from other RTO companies
– How rent to own works
– Tips on finding investors
– Tenant buyer criteria
– RTO Pros and Cons 

Get in touch with Adam:
Website: 
https://jaagproperties.com
Email: 
adam@JAAGproperties.com


The Factors for Success in Real Estate Investing



Jesse Fragale is a commercial real estate broker and investor. He started investing in student rental properties a little over ten years ago. Recognizing a good thing, he grew his student housing portfolio and although you might correctly think student housing equals keg parties and irresponsible tenants, it was a guaranteed way to increase market rents in a rent-controlled market.

Guest: Jesse Fragale, Real Estate Broker and Investor

Jesse Fragale is a commercial real estate broker and investor. He started investing in student rental properties a little over ten years ago. Recognizing a good thing, he grew his student housing portfolio and although you might correctly think student housing equals keg parties and irresponsible tenants, it was a guaranteed way to increase market rents in a rent-controlled market.

As his passion for investing grew, Jesse began investing in single-family homes and condos and did some wholesaling. Following this, he transitioned to investing in multi-family apartment buildings which is his primary focus today.

Jesse is a proud contributor to the Bigger Pockets YouTube channel and has also created his own channel to address particular topics in more detail. The idea is to provide viewers with simple and straightforward real estate advice and education no matter what investing experience they have. He shares his personal experiences and lessons (often learned the hard way) with his viewers.
 
When Jesse is not in front of the camera, you can find him in Toronto playing a few licks on guitar, enjoying the roar of a beautiful engine or spending time with friends and family.

 

You will learn about:
– Why 90% of Real Estate Agents don’t invest in Real Estate?

– Where to start as an investor
– Tips on acquiring properties
– Financing insights
– Property management 


Overcoming Obstacles and Realising What is Possible



Mark Smith has been a real estate entrepreneur since 2018 primarily in the London, Ontario market. He has acquired $2 Million worth of real estate including single-family homes, secondary suite conversions, student rentals, Airbnb re-rentals and joint venture partnerships. 

Guest: Mark Smith, Real Estate Investor

Mark Smith has been a real estate entrepreneur since 2018 primarily in the London, Ontario market. He has acquired $2 Million worth of real estate including single-family homes, secondary suite conversions, student rentals, Airbnb re-rentals and joint venture partnerships. 

Known as the 7-2 Real Estate investor, Mark discusses how he got started in real estate investing at the age of 42 years old. He was willing to listen, willing to ‘shut-up’ and willing to take action and his story will certainly be an inspiration to new real estate investors and experienced investors alike. Sometimes we need a reminder of what is possible when you hustle.

Mark enjoys spending time with his family and is a father to 3 boys and 1 girl. 

You will learn about:
– Acquiring properties and getting the tenants

– Overcoming personal hardships
– Airbnb re-rental strategy
– Type of guests to attract


Understanding the Importance of Financial Planning



Meghan Chomut is the financial consultant for families that have (or want to have) an income property as a part of their investment portfolio. She is a mom, wife, friend, a CFP (Certified Financial Planner) and Investment Property Advisor. She helps families and income property owners get their personal + investment property finances organized and make smart investment decisions by designing custom plans and tax strategies.

Guest: Meghan Chomut, Investment Property Advisor & Certified Financial Planner

Meghan Chomut is the financial consultant for families that have (or want to have) an income property as a part of their investment portfolio. She is a mom, wife, friend, a CFP (Certified Financial Planner) and Investment Property Advisor. She helps families and income property owners get their personal + investment property finances organized and make smart investment decisions by designing custom plans and tax strategies. 

For over a decade, Meghan has been working in the finance and investment industry helping people save for their big dreams (retirement, sending their kids to college, going on a beach vacation, etc). She also works with real estate investors to make their rental properties profitable and position their investments for maximum wealth building.

You will learn about:
– What a FEE ONLY Certified Financial Planner means

– Should you incorporate or not?
– Biggest mistakes investors make
– How often should you meet a financial planner to reach your goals
– Mortgage insurance
– Using your RRSPs for investing
– Tips to get organized for tax season

Get in touch with Meghan:
Website: 
https://www.meghanchomut.com

Instagram: http://instagram.com/meghancfp


How To Scale Your Business Using Repeatable Systems



Husband and wife team, Kristy and Brady McDonald started BK Real Estate Investing in 2014 when they realized the wealth and freedom that real estate investing can bring. They primarily focus in the Barrie/Orillia markets, creating wealth for themselves and JV partners using proven REI strategies.

Guest: Brady McDonald, Real Estate Investor & Educator

Husband and wife team, Kristy and Brady McDonald started BK Real Estate Investing in 2014 when they realized the wealth and freedom that real estate investing can bring. They primarily focus in the Barrie/Orillia markets, creating wealth for themselves and JV partners using proven REI strategies.

 
By mid-2018, they’d purchased and renovated over 75 properties. Throughout this journey, Kristy and Brady created and perfected strategies and systems to make renovations, co-venture partnerships and property management run smoothly. Today, they share these strategies and systems with clients who want to find their own financial freedom through real estate investing.
 
Brady began as a Utility Arborist Instructor for Hydro One, a job he has since retired from. Kristy began as and remains an AACI Accredited Real Estate Appraiser, except today she owns her own firm.
 
BK Real Estate Investing is honoured to have won the following awards:
  • 2015/2017/2018 REIN’s Top Players of the Year Award
  • 2017 Canadian Real Estate Wealth Joint Venture of the Year Award
  • 2017 REIN’s Co-Venture of the Year Award
You will learn about:
– Setting up your goals

– Tips to scaling up your business
– Systems and Processes
– The Dos and Don’ts of a JV partnership
– JV Agreements

Get in touch with Brady:
Website:
 https://www.bkrealestateinvesting.com
Phone: 705 795 1140
Email: brady@bkrei.ca


Secrets and Strategies for Scaling a Large Portfolio with Power Couple Mel and Dave Dupuis



Dave and Melanie Dupuis are the Power Investor Couple, experienced, successful, self-taught real estate investors. When they first met, their shared passion for real estate investing, a vision of financial freedom and an understanding of what it would take to get there got this duo set on the road to success.

Guest: Dave and Mel Dupuis, Real Estate Investors and Mentors

Dave and Melanie Dupuis are the Power Investor Couple, experienced, successful, self-taught real estate investors. When they first met, their shared passion for real estate investing, a vision of financial freedom and an understanding of what it would take to get there got this duo set on the road to success.

Together, they have founded Dupuis Properties and put their business plan into action. Their ultimate goal was to expand and to grow their real estate portfolio to a point where their investments became prosperous enough for Mel to leave her full-time job. They have already achieved this goal and she was able to do so before turning 40. Their best year to date was when they impressively acquired twelve properties in less than twelve months and now own just under 100 doors and have an additional 100+ doors under contract.

Last year their life changed forever. Dave and Mel were in a horrific, life-changing highway accident caused by a careless truck driver. They decided to capture and share all their secrets in the book titled “Real Estate Investing Secrets – A NO-BS Guide to Creating Wealth & Freedom”. Published earlier this year it has already become an Amazon #1 Best Seller numerous times. They have also been on several podcasts and radio shows including a 4-week series with CBC radio.

You will learn about:
  • Joint venture insights and the pros and cons
  • Avoiding analysis paralysis
  • The importance of goal setting
  • Mitigating the Risks


Designing Your Dream Life & Taking Mini-Retirements



Gary Hibbert is a full-time Real Estate investor, educator and licensed Real Estate agent, achieving various Realtor awards. He purchased his first investment property in 2008 and through hard work and dedication left the corporate world to become a full-time entrepreneur in 2014.

Guest: Gary Hibbert, Real Estate Investor, Realtor, and Podcast Host

Gary Hibbert is a full-time Real Estate investor, educator and licensed Real Estate agent, achieving various Realtor awards. He purchased his first investment property in 2008 and through hard work and dedication left the corporate world to become a full-time entrepreneur in 2014.

As a result of his passion for education, Gary started his own real estate investing club in the Durham region and recently started a private lending company called Deep Pockets and became a partner in a real estate brokerage called Our Neighborhood Realty. It is safe to say that Gary wears many hats in the real estate industry. 

Gary has helped hundreds of clients with creating a wealth strategy plan through public speaking, online webinars and even has his own podcast dedicated to inspire and educate anyone willing to change their mindset. He continues to play an active role in his community by attending corporate, private and school events to educate adults and especially children.

Gary’s inspiration and hard work come from his passion for helping others and wanting to make a difference in their lives. Being able to design a lifestyle of your choice is not an easy feat however, it’s attainable as long as you have a passion and know what your ‘why’ is.

 
You will learn about:
– Identifying your why
– Delegation
– The 4 D’s
– Mini Retirements

Get in touch with Gary:
Websites: 
https://smarthomechoice.ca

Email: gary@smarthomechoice.ca


Key Considerations for Successful Land Development Projects



With nearly 30 years of experience in real estate, there is not a strategy that Mathew Frederick has not executed; in fact, it is believed that he may be the only Canadian to have done so.

Guest: Mathew Frederick, Real Estate Investor and Mentor

With nearly 30 years of experience in real estate, there is not a strategy that Mathew Frederick has not executed; in fact, it is believed that he may be the only Canadian to have done so.
 

Everything from starting in residential income properties then expanded to buy-fix-sell, lease option, commercial buildings and new development. Mat has led on renovating properties over 28 years which includes partnering with a developer over the past 6 years to build houses and low-rise condo buildings.

He now focuses on managing the assets of commercial portfolios including plazas and multi-family buildings plus coaching investors in business and real estate acquisition. He will also be sharing his thoughts on what he sees as the next big investing opportunity, storage units.

His application of these strategies is more than just simple engagement, it’s about performing each strategy 4 or 5 times and wrangling out most kinks. The kind of kinks you only discover during application.
 
You will learn about:
– Developing property tips and concerns
– The criteria for developing properties
– Financing tips
– Wholesaling commercial properties
– Negotiating deals

Get in touch with Mat:
Websites:
 rccsol.com

Email: mathew.f@rccsol.com