Tag Archives: podcast

Land Development Is Not for the Faint of Heart!



Guest: Carina Guzmán, Real Estate Investor & Land Developer

Carina started out with buy and hold properties and then quickly got into land development. She even planned her second pregnancy leave from work so that she could work on her real estate projects. Carina now looks for undervalued land that could be re-zoned and valued differently. She goes through soil testing, environmental studies, and much more! Due diligence is very long and expensive. She puts a property under contract right away and then focuses on what’s next? 95% of the work is due diligence: creating the concept, highest and best use, pre-consultation with the city, and much more. A lot of upfront capital investment is required for these types of projects so make sure to be well equipped before proceeding! The risks are big but the rewards are enormous. Tune in for tons of useful information.

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

In this episode you will learn about:

  • Focusing on transit-oriented
  • How to mitigate risk in land development
  • It’s all about relationships
  • What does the city support?
  • Go with the flow to scale up
  • The importance of the city’s official plan – it’s a treasure map!
  • Look for areas meant for intensification

Get in touch with Carina:
Website: https://daveandcarina.com/what-we-do/
Email: 
invest@daveandcarina.com

This episode has been brought to you in part by
Private Buyers – https://privatebuyers.ca/

Black Jack Contracting – https://blackjackcontractinginc.ca/

BM Select – https://bmselect.ca/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


Real Estate Investing is a High Risk & High Reward Game!



Guest: Angie Pettyjohn, Mortgage Broker & Victoria Pettyjohn Mortgage Agent

Angie & Victoria are an awesome mother-daughter team! Angie began doing some private lending using her HELOC and registered funds. She’s passionate about helping investors grow and build their portfolios. Victoria is her underwriter and as a team, they are helping hundreds of investors succeed in this extreme real estate environment. Both are now starting to get the bug and hoping to buy some properties soon! Being self-employed, they understand the struggles that full-time investors are facing. They can ensure that agents can keep growing and scaling up! Money is quite readily available, however, there are lots of risk mitigation measures that must be put in place. 

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

In this episode you will learn about:

  • Lots of emotional buying happening
  • Appraisals not matching with purchase prices
  • Values have gone up but don’t match purchase prices
  • BRRRs now sometimes require to leave some money in the deal
  • Investors now qualify with a lower ARV
  • How to become a private lender
  • Using RSP money as a private lender
  • Trust but verify!
  • How to vet lenders and borrowers

Get in touch with Angie & Victoria:
Website: https://www.mortgagealliance.com/en/angiepettyjohn
Email: 
angie@pjmortgages.com
victoria@pjmortgages.com

This episode has been brought to you in part by
Private Buyers – https://privatebuyers.ca/

Black Jack Contracting – https://blackjackcontractinginc.ca/

BM Select – https://bmselect.ca/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


Get Into Passive Income Faster!



Guest: Danielle Chiasson, Entrepreneur & Real Estate Investor

Danielle is such an inspirational woman! She started out with flips and has recently switched to acquire multifamily buildings to create generational wealth. Listen to the full episode to learn about some great tips on how to organize your life to spend time with your loved ones and focus on where you add the most value. Danielle is also a general contractor and oversees her renovation projects in various areas. She shared some insider tips on how to manage a business and a family! The biggest part is to train the kids and to manage expectations.

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

In this episode you will learn about:

  • Started in her late 20s
  • Went from flipping to acquisitions
  • Doing it all while being a mom of 3
  • The importance of having a support group
  • Being organized is the key to success
  • Managing multiple projects at once
  • Focus your energy on what matters the most to you

Get in touch with Danielle:
Website: www.perfectpropertyinc.com  
Email:
danielle@perfectpropertyinc.com

This episode has been brought to you in part by
Legal Second Suites: https://legalsecondsuites.com/

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

BM Select – https://bmselect.ca/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


Landlord & Tenant Challenges In Ontario in 2021 – a Paralegal Perspective



Guest: Anika Helen, Paralegal

Anika shared a lot of insider information about the current situation with landlords and tenants in Ontario. Laurel and François were able to ask some interesting questions like tenants not moving out of a house that has been purchased for private use, eviction bans, and much more. Applications at the Ontario Landlord & Tenant Board now take 18 to 20 months for a hearing. This is why you need an expert on your side! Illegal activity, fire hazards, and other safety issues can be addressed by the police. Otherwise, you need to call the LTB. Tune in to find what you can do when facing such issues in Ontario.

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

In this episode you will learn about:

  • What is a paralegal?
  • How can paralegals help you out?
  • Cost certainty
  • Landlord & tenant issues in Ontario
  • The importance of written agreements
  • The role of the sheriff 
  • Patience is key

Get in touch with Anika:
Website: www.carsonlaw.ca
Email: 
anika@carsonlaw.ca

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

Private Buyers – https://privatebuyers.ca/
BM Select – https://bmselect.ca/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


Investment Opportunities In Edmonton



Guest: Melissa Shymko, realtor and real estate investor

Melissa is a very astute investor and realtor! She shares with Laurel and François a lot of tips on where to invest and what to look for if buying in Edmonton. Something to consider is where to put the snow… The city of Edmonton is very investor-friendly. With no land transfer tax and lots of opportunities to add secondary suites, Melissa helps many long-distance investors find deals in the Edmonton area. Landlord and tenant laws are very landlord-friendly which is a big plus for investors!

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

In this episode you will learn about:

  • Being a mom, realtor, and investor
  • Good areas to invest in and around Edmonton
  • Self-managing for success
  • Market-specific strategies
  • In 10 years built and paid off her dream home
  • Freedom to enjoy time with the family
  • Best tips to get started investing in Edmonton and Alberta

Get in touch with Melissa:
Website: www.melissashymko.ca
Email:
melissa.shymko@outlook.com

This episode has been brought to you in part by
Building Stack – https://www.buildingstack.com/

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

BM Select – https://bmselect.ca/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


Moving to Costa Rica While Maintaining Their Canadian Businesses!



Guests: Rob Break and Natasha Cultraro, Real Estate Investors

This episode is very different! It’s a live podcast where our guests were able to share about their experience moving to Costa Rica with their families!

Rob decided to leave as the second lockdown was happening so that his children would be able to enjoy a more normal life. Natasha had been planning this move for years and the pandemic did help to speed things up.

They both spoke about tips and tricks to make it easier and what to look for when buying a property abroad. Rob has chosen to focus on slow flips and Natasha has purchased a turn-key, brand-new construction. She’s also planning to build a custom home in the near future.

Tune in to find out more and see if you also want to live the Pura Vida!

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

In this episode you will learn about:

  • What to look for when buying in Costa Rica
  • Pros and cons of various provinces
  • How to finance properties in Costa Rica
  • Where are the opportunities?
  • Why would you want to live there?
  • The lifestyle you can expect
  • Turn-key new build or fix and flip?

Get in touch with Rob Break:
Email:
Rob@mrbreakthrough.ca

Get in touch with Natasha Cultraro:
Email: natasha@icpmpros.com

Ready to find out more about investing in Costa Rica?  Be sure to register for our upcoming Lunch N Learn – Exclusive! – Costa Rica Multi-Development Opportunities! 

The REITE Club has been provided with special access to this investment opportunity that will only be shared on the LIVE call. 
There will be no recording or replay and we are expecting this offer to be acted on very fast so do not miss out. 
Register now to attend the live call on Thursday 19th August at 12 noon EST
https://us06web.zoom.us/webinar/register/WN_PhzlDs1FSKWcPVABIDk4XA


The Creative Lawyer – Bespoke Agreements and Service for Ontario Investors



Guest: Milena Cardinal, Lawyer & Real Estate Investor

Milena’s story is very inspirational! A lawyer, real estate investor, and mom, she leads a busy life and is building a substantial portfolio of over 25 doors. She’s been through many ups and downs over the years. Taking on flips and balancing family life was difficult. However, with proper systems in place and a solid power team, Milena and her husband are now much better positioned for growth.

Being a landlord can also be quite challenging and have been dealing with some tenant issues. Milena’s law practice is very modern with fully digital services. She works with investors across Ontario for private lending, Joint Ventures, bare trusts, trust agreements, closing deals, assignment contracts, wholesales, private sales, and of course, looks after wills and secondary wills! Listen to the full episode for some golden nuggets.

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

In this episode you will learn about:

  • Being a lawyer and a real estate investor
  • Challenges led to more REI
  • Creative ownership and financing
  • Started in 2014
  • Networking for success
  • Leaving work to focus on deals
  • Focuses on multifamily

Get in touch with Milena:
Website: www.cardinallaw.ca
Email:
mcardinal@cardinallaw.ca

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

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

Private Buyers – https://privatebuyers.ca/

BM Select – https://bmselect.ca/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


When Is the Right Time to Leave Your Job and Become a Full-Time Investor?



Guest: Michael Ponte, Real Estate Investor

With over 20 years of experience, Michael shared how he began and how he grew. He started out without any plan and slowly grew to realize that he now had two full-time jobs… He chose to quit his full-time job to become a real estate investor and to scale. After buying about 5 properties, the banks started saying no and that’s when he entered the world of JVs. You make the money on the buy! Cash flow is king… 

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

In this episode you will learn about:

  • The music does stop sometimes
  • Real estate is a cyclical business
  • Create a cushion for downturns
  • Avoid properties going underwater… 
  • Panic selling or buying is a very bad decision
  • Negative cashflow can destroy your business
  • Focus on increasing revenue no matter the market

Get in touch with Michael:
Website: www.prosperityinvestments.ca
Email: 
mponte@prosperityinvestments.ca

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/

The show notes are brought to you in part by:
Building Stack is The REITE Club’s official digital signatures provider. Building Stack is an extremely flexible property management platform built in Canada, for Canadians. With hundreds of features throughout the entire tenant and leasing lifecycles, regardless of the size of your portfolio, you can immediately benefit from enormous cost and time savings wherever needed the most. You can now sign documents and leases faster than ever with their new digital signature add-on! Take advantage of a very special Reite Club discount and get started today! www.buildingstack.com


How to get to 3 Properties Before Turning 30



Guest: Skyleigh McCallum, Realtor/ Financial educator.

Skyleigh accumulated a little bit of debt when first starting out in real estate. She eventually learned that she could refinance her property to pay off debt and help to save for the 2nd property.

She learned the BRRRR strategy!

Adding basement suites, using secured lines of credit and other creative financing strategies have helped her scale to 3 properties in a short period of time. Appreciation and especially forced appreciation have been the key to Skyleigh’s growth strategy. Skyleigh also helps her clients get into financial education through life insurance and various saving strategies.

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

In this episode you will learn about:

  • If you don’t know what career to choose, interview someone!
  • Having a power team to help you continue to grow and evolve
  • Investing in eastern Canada and in the USA for cash flow
  • Appreciation is great but not the end all be all
  • Combining real estate and financial education
  • Life insurance and the possibilities they offer
  • Helping people accumulate and protect assets

Get in touch with Skyleigh:
Website: https://skyleighmccallum.com/
Email:
skyleigh.mccallum@gmail.com

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

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

Private Buyers – https://privatebuyers.ca/

BM Select – https://bmselect.ca/


Buying a Condo Right Out of High School & Getting Started in REI



Guest: Amanda Renzella, Real Estate Investor

Amanda’s parents were instrumental in getting her started in the world of real estate investing. They pushed her to buy a condo that eventually led Amanda to buy a pre-construction townhouse. She used the equity in the condo to purchase the townhouse. And now, she’s able to use the equity in both properties to get to her next acquisition.

Amanda has been enjoying our podcasts and applying the content for the past few months and is quickly building her team and learning how to leverage her properties. Tune in to find out how you can get started!

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

In this episode you will learn about:

  • Starting right out of high school
  • Parent’s influence
  • Paid rent to parents after high school to save for a downpayment
  • Bought 1st place in downtown Mississauga
  • Looking for your next property
  • How to do it again?
  • Floods, insurance claims, and other challenges
  • Appreciation and refinancing for success

Get in touch with Amanda:
Instagram: @amarenz_
Facebook: Amanda Renzella
Email:
renzellaa@gmail.com

Listen to the full episode at https://www.thereiteclub.com/podcast
This episode has been brought to you in part by
Legal Second Suites – https://legalsecondsuites.com/

Elevation Realty – http://www.elevationrealty.ca/
BM Select – https://bmselect.ca/