Calvin Poon and his fiancée, Lichee, had some initial hard lessons after buying at the height of the market but ended up successfully renting out their first property and then completing a flip.
Guest: Real Estate Investor, Calvin Poon
In this episode learn about:
Insights on developing land and infill developments
Risks and the pros and cons of land development, including financing and costs
Various stages of land development, timelines and processes
The value of mentorship coaching
Calvin and his fiancée, Lichee, had some initial hard lessons after buying at the height of the market but ended up successfully renting out their first property and then completing a flip.
Now they are doing an infill land development project in St. Catharines, Ontario and documenting their journey on their website to help other real estate investors see what it takes to do what they term “Flat (land) to Doormat”.
Not coming from a construction background, Calvin emphasizes that land development and construction is more about your mindset, he has discovered it is 80% mental and only 20% actual construction.
Alex Kouramanis is a real estate investor from Toronto, specializing in Wholesale and Flipping strategies throughout Ontario and is easily recognized at investor meetings for wearing his name badge upside down! Double B. A. majors in Cognitive Science & Philosophy and graduating on the Dean’s Honour roll could have meant a very different career path than real estate.
Guest: Real Estate Investor, Alex Kouramanis
In this episode learn about:
Leveraging the internet for sharing knowledge through online courses
Having a different mindset and not caring about real estate
Cashflow strategy tips and tips on planning and financing your deals
Why is it important to have a solid broker
The reason he wears his name badge upside down
Alex Kouramanis is a real estate investor from Toronto, specializing in Wholesale and Flipping strategies throughout Ontario and is easily recognized at investor meetings for wearing his name badge upside down! Double B.A. majors in Cognitive Science & Philosophy and graduating on the Dean’s Honour roll could have meant a very different career path than real estate.
However, after leaving school he invested almost all his savings on a real estate investment program in 2013. With no prior construction experience, Alex borrowed everything to buy his first bungalow in the overheated Toronto market and then worked 7 days a week as a bartender to help cover renovation costs and support himself.
Alex has still been able to use his degrees and knowledge for practical application by putting together three online courses on the Udemy and Skillshare platforms, with over 11,000 students, covering investment, finance, relationships, personal development, psychology and philosophy.
After a handful of successes in real estate, in 2017, Alex quit his job as a bartender so he could take real estate investment on as a full-time career. As of 2019, he has done over a dozen deals in Ontario, using flips and assignments to create investment capital that he can funnel into rental properties to hold for long term wealth. Alex’s greatest achievement to date is his assignment of a prime Toronto property he bought with a $1 deposit and using under 24 hours of his time, for a whopping $130,000 fee.
When he stops thinking about real estate Alex loves spending his time with his wife and dog, as well as skateboarding, playing videogames, board games, reading, thinking, writing, travel, watching documentaries, enjoying great beer & food, and just about all other things fun. His ultimate goals are to be a professional bum living off of passive income from multifamily properties, to help other investors succeed and to raise a family and grow old with his wife.
Book Mentioned: Personality Plusby Florence Littauer The 5 Love Languages by Gary Chapman
With over 20 years of investing experience in Ontario, Dean Curtis has chosen over the last 6 years to specialize in the growing investment area of short term vacation rentals.
Guest: Real Estate Investor, Dean Curtis
In this episode learn about: – Looking at the numbers and financials and what else to consider when considering potential investments. – Key amenities to look for that command higher rentals. – Challenges you can encounter and how to avoid them. – Advertising platforms and alternative ways to advertise. – The differences in using a property manager for vacation rentals. – How technology is going to change the market in the future.
With over 20 years of investing experience in Ontario, Dean Curtis has chosen over the last 6 years to specialize in the growing investment area of short term vacation rentals.
Through his management company Serenity Vacation Rentals he has grown his own personal investment portfolio and also manages an inventory of cottage vacation rental properties.
A sought after media source, Dean has been featured in Canadian Real Estate Wealth magazine, and on AM 570 news “Your Money Matters” and the “Vacation Rental Success” podcast.
Dean also coaches investors from start to finish with purchasing the perfect cottage vacation rental, maximizing income potential, furnishing the property appropriately and providing customer service that ensures repeat rentals.
Get it touch with Dean: Dean can be reached through his website at www.serenityvacationrentals.ca
Steve Blasiak paints a very different picture now from an early career in the paint industry. Stemming from a background immersed in the residential and commercial construction industry, he brings over 30 years of accumulated experience to his current passion and position in wealth management consulting.
Guest: Real Estate Investor & Wealth Management Consultant, Steve Blasiak
In this episode learn about: – Insights on different investing markets – Private equity investing and why we don’t hear more about this – The private equity investing risks – Steps to take for the first-time investor
Steve Blasiak paints a very different picture now from an early career in the paint industry. Stemming from a background immersed in the residential and commercial construction industry, he brings over 30 years of accumulated experience to his current passion and position in wealth management consulting.
Comfortably transitioning from on-site to behind-the-scenes, Steve now enjoys the role of finding a match between investor and investment as a Private Market Specialist and Mortgage Agent with Pinnacle Wealth Brokers who have been recognized as one of the top growth companies in Canada in 2013 and 2018 by Profit Magazine.
Recognizing a sound investment opportunity includes all aspects; from concept and strategy to the communication and execution for everyone involved. Steve’s mission is to maximize all potential gains for both investor and investment success.
