Tag Archives: The Reite Club

What the Latest Interest Rate Changes Mean for Investors

On September 7th the Bank of Canada again raised interest rates, perhaps higher than many people expected. They also indicated that they were not finished when it comes to raising rates further.

What does this all mean for real estate investors?

In this special recording from a recent webinar, Daniel Patton of Butler Mortgage outlines the impact this most recent rate increase will have and perhaps what additional rate rises may mean. 

In this episode you will learn about:

  • Stress tests and qualifying rate changes
  • Commercial rate considerations
  • Fixed versus variable rates – which one to choose?
  • Why fixed rates may be cheaper than variable
  • 3% and above means a high risk for the banks 
  • What is a trigger rate and how to calculate it
  • What does an investor do right now?

Daniel Patton is the co-owner of BM Select and has been helping Investors scale their Real Estate Portfolio for over 15 years. BM Select is the # 1 Mortgage Brokerage for volume for the last 5 years, and in 2021 they funded over $600M in mortgage transactions. BM Select continues to be the industry leader for Investors when it comes to buying and selling real estate. 

Daniel was born and raised in Mississauga Ontario Canada and grew up playing competitive sports and music while spending some time at school as well. Daniel suffered from ADHD as a child but often says that it has helped shape his career, and in many ways taught him how to be successful in business and as an investor. He has been involved in mortgages since 2003 and his team routinely ranks among the Top 20 Mortgage Agents across the country.

Get in touch with Daniel Patton:
Website: https://www.butlermortgage.ca/
905.569.8326  ext 112

This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
Private $ 4 Mortgages – http://privatemoney4mortgages.com/
BM Select – https://bmselect.ca/

Understanding The Importance of Succession and Estate Planning

Guest: Ryan Carson, Real Estate Investor and Lawyer

Let’s face it, succession planning and estate planning are the last things on investors’ minds as they scale their portfolios. Though one thing is for certain, no one lives forever so it is very important that you protect the assets that you worked so hard to acquire to secure your family’s financial future. Otherwise, the government and taxes could step in and take a huge chunk of that future.

This week’s guest, Ryan Carson, Real Estate Investor and Lawyer, provides insights and advice on how to plan your portfolio and succession plan at the same time. Also, Ryan discusses how change is the only constant in life and in order to stay in control and up-to-date, you need to have a proper lawyer and accountant on your power team so they can help you minimize any impacts on your family down the road.

In this episode you will learn about:
– Defining succession planning
– Personal vs. Corporate wills and their benefits
– Where to start if you are in the growth phase
– What happens if there is a conflict between a personal will vs. a corporate will
– The steps of estate administration
– How often should you review wills?

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:

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/

Value Investing Secrets From Bamboo and Streetlight Analogies

Guest: Harry James, Real Estate Investor, and Entrepreneur
How do you handle the ups and downs and cyclical nature of real estate? Listen to the advice from someone who has been investing in real estate and in other businesses for well over 40 years. This week’s guest, Harry James, Real Estate Investor, and Entrepreneur, provides insights and advice on what he term’s value investing. He has invested in everything from commercial to single-family homes and everything in between. The biggest takeaways are to buy the building you are running your business in and to build wealth in real estate over time. Also, don’t be so focused on your goals, that you miss out on the present.
In this episode you will learn about:
  • How to manoeuvre the ups and downs of market shifts
  • Tips on breaking through fear and how to talk yourself through the tough times
  • Streetlight analogy
  • What is something tangible an investor can do today
  • Chinese bamboo plant analogy
  • How to keep yourself motivated to push forward
Harry James has been dispensing advice for real-life since 1984 and is a serial entrepreneur. He is also a businessman, a strategic consultant and a motivator. Harry has built one of Canada’s premier independent financial planning boutiques and sold it for an unprecedented price.
Along with his primary business, an extensive net worth building practice with a robust employee benefits division, Harry’s portfolio includes three restaurants, a natural stone quarry, and over the past 20 years, has orchestrated in excess of $100 million worth of real estate deals.
Harry has earned his black belt in successes and failures and that experience resonates with people. Many entrepreneurs that he has spoken to across Canada have adopted his “Vital Signs” philosophy of “building a business and a life” which is more than a personal philosophy, it’s what he lives every day.

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/

Survey Trends For Small Landlords

Guest: Tony Miller, Real Estate Investor & Realtor
COVID-19 has had numerous impacts on the real estate market and for tenants and landlords. This special episode is a conversation with Tony Miller, Real Estate Investor & Realtor where he provides insights and advice on the real estate market and shares his survey results for small landlords. The biggest takeaway is we all need to do a better job of stepping up, getting involved and create a stronger community as professional landlords. Take Tony’s survey so that there will be more data for analysis and information will be posted in the forum at thereiteclub.com.

In this episode you will learn about:
– Updates on the cottage rental market
– LTB updates
– What is Bill 184 and what does it mean for investors?
– Tenant screening steps
– Small landlord survey results and insights
– Should you sell in this market?

Tony Miller is an Investor Focused Realtor and is also known as “Mister Ottawa.” He helps people build wealth, by sharing proven strategies and tools to invest in residential and commercial properties in and around the Ottawa area.

Tony will use your why/goals, financial situation, and intestinal fortitude (aka risk tolerance) to determine the best investment strategies that will help you reach your goals. He will be honest and when needed explain why the investment property you want to buy is a lousy investment.

He will take the time that is necessary to explain that using economic fundamentals and understanding the real estate cycle are the foundations to sound real estate investing. Tony only works with a limited number of clients at a time and will tell you if he is too busy for new clients. He will introduce you to the best Investor Focused Realtors in other markets if you choose to park your money elsewhere.

Tony has been interviewed by local and national media including MoneySense Magazine, Canadian Real Estate Wealth Magazine, and Rogers TV.
Get in touch with Tony:

Instagram: https://www.instagram.com/tony_miller_real_estate/

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/

A Day In The Life of a Real Estate Investor & Realtor

Guest: Michael Domenichetti, Real Estate Investor & Realtor
Investing in real estate can have its ups and downs and take it from someone who has invested in real estate for well over 30 years. People may even wonder if they should become a realtor, as well as, a real estate investor. So, this week’s guest, Michael Domenichetti, Real Estate Investor & Realtor, provides insights and advice on investing in real estate and what a day in the life of a realtor really looks like. The biggest takeaway is to keep things simple and not over complicate them because you will just end up getting overwhelmed.
In this episode you will learn about:

– Key fundamentals on good vs. bad deals
– When are the lowest vs. the highest average price points for homes during the year
– Key benefits and challenges for new investors
– Main items in a home that will get you the greatest returns
– The importance of having a target purchaser
– Advantages & disadvantages of being a realtor
– Key stats to look for on a first purchase or a long term purchase

Michael Domenichetti was exposed to real estate investing at the young age of 10 years old. His Grandfather ran a bordering house when he first came to Canada and his Father flipped houses. Later on, his Father bought rental properties and they ended up with a total of 14 doors to take care of so it was very much a family affair. In fact, Michael’s first date with his now wife was tiling the bathroom at one of his flip projects.

Becoming a Real Estate Sales Representative seemed a natural choice for Michael as houses have been such a big part of his life in one way or another. His father also has been a Realtor for over 12 years now and he has been able to work with him learning the trade, as well as working together on transactions.

Michael’s experience with sales and the knowledge of home renovation and construction has been a valuable asset in assisting clients in their real estate transactions. He has a wife and 2 young girls.

Get in touch with Michael:

Investing Advice On Commercial Deals From The Arm Chair Investor

Guest: Mark Gonneau, Real Estate Investor

Investing in multi-family properties can have added advantages and benefits versus other real estate investing options.  With over 100 properties, this week’s guest, Mark Gonneau, Real Estate Investor, provides unique insights and advice on investing in commercial deals.

In this episode learn about:
– Why multi-family vs. other strategies
– Defining DCR and how to calculate it
– Tips on terms and lenders for commercial deals
– The pros and cons of CMHC, and how you can theoretically forecast their appraisals
– What criteria lenders are looking for to lend on commercial deals for first-time investors
– Advice for vetting property managers
– Common mistakes

Mark Gonneau started investing in real estate at the young age of 18 years old. His primary focus is on the Multi-Family Value-Add strategy or, in other words, the BRRRR at the next level. Fast forward to today, he currently owns over 100+ properties.

Also known as The Arm Chair Investor, Mark enjoys helping others by mentoring and coaching on how to create Inter-Generational Wealth Through Real Estate and Passive Real Estate Investing For Active Professionals – all from the comfort of your chair.

To get in touch with Mark:
Email: mark@thearmchairinvestor.ca

The Advanced Edition of the Legalities on Private Equity

Guest: Ryan Carson, Investor & Lawyer & Adam Batstone, CIM, Private Equity Investor & Finance Executive

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 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.

Adam Batstone is the founder and CEO of a private investment boutique focused on wealth creation through private direct investment called Two Sevens Capital. Their goal Is to create $1 Billion in wealth for their clients and partners by 2030. Adam’s principal focus is in finance and he brings nearly 20 years of progressive professional experience in the areas of Wealth Creation & Investment Management.

Private Equity, Private Equity Real Estate, and Alternative Investments are the specific areas of Adam’s expertise and to date, he has been professionally involved with nearly 5,000 Canadian families over his career. He also holds the professional designation of Chartered Investment Manager (CIM).
In this episode learn about:
– The basic functionality of private equity
– Security measures to look for to protect yourself
– GPLP vs REIT’s and their pros & cons
– How reporting works for investors
– How investors make an investment and how they can get out of deals
– Term durations

To get in touch with Ryan & Adam:
Ryan’s Website: 
Ryan’s Instagram: 
Adam’s Website:
Adam’s Instagram: https://www.instagram.com/adambatstone/

The Queens Inside View into the World of JV

Guest: Mandy Branham, Real Estate Investor and Entrepreneur

Mandy Branham CEO of Solutions Driven is a hard-working entrepreneur that realized back in 2007 that she was working hard to make others rich and she was just simply getting by.

Now known as the Queen of JV’s, Mandy attracts passive JV investors, offering them mentorship and high ROI so they too can live out their dreams with passive income through real estate.

Earning her mettle with 88 transactions in six years and establishing herself as a mentor for those entering into the business of Joint Ventures, Mandy has been an expert Real Estate Investing panellist at the Investor Forum – Toronto Ontario, a popular guest on numerous Podcasts as well as The Everyday Investor show hosted by Rav Toor, sharing her expertise to help others expand their portfolios.
A self-taught Housing Developer, Mandy walks the talk with the importance of keeping things in-house with her own construction company and property management company.Mandy is a wife to Larry, mother to Megan and Jacob, daughter and sister. She is a great listener, straight shooter, no BS kinda girl. From the outside, she is confident and strong.  From the inside she is, like many others, still finding the inner self-confidence and self-love. Mandy is a dedicated community supporter, providing many services and giving of her time on boards and committees to better the future of her town.

In this episode learn about:
– Fears of growing so fast – including cash factor fear and financial psychology
– Joint Ventures – the most important tips you need to know
– Where to invest? Stay? Pivot? Long term? Short Term? How to find properties … –
– Determining what strategies to use … including JV Exit strategies
– Building a power team – and why she recommends having your own ‘in house’ team
– Are the numbers and percentages working for you? Mandy gets down and dirty with the facts behind the percentages and talks about the 1%.

To get in touch with Mandy:
Email: info@mandybranham.com

Understanding Different Wealth Solutions Through Insurance

Guest: Ara Movsessian, Wealth Solution Advisor, MBA

Ara Movsessian is a High Net Worth Advisor, specializing in advice pertaining to insurance, estate planning, and financial structuring to real estate investors/developers, business owners, and high-income professionals. He draws on deep experience in private & commercial banking, and a particular strength in dealing with complex scenarios and HNW Insurance cases, reaching top status nation-wide in the industry and becoming a strategic partner for some of Canada’s wealthiest families and most prominent advisors.

Able to build trust and credibility quickly with wealthy clients and professional partners serving them Ara is able to understand a client’s goals, aspirations, and needs and help them along this path. He does this with a consultative and solutions-based approach that is well thought out, shows due care for their unique circumstances and needs, and is explained in a way that makes sense.
Ara holds an MBA from the Richard Ivey School of Business at Western University, B.A., Economics from Simon Fraser University, and a Certificate in Adult Training & Development from the University of Toronto. He maintains an active lifestyle including enjoying competitive volleyball and soccer, martial arts, and general fitness. He is a proponent of financial literacy amongst the youth and has been a teacher with Junior Achievement Canada for several years. He lives in Thornhill with his wife and two children.

In this episode learn about:
– Why it is important to make a plan for your real estate assets and net worth
– How to plan for capital gains liquidity needs
– How the general masses vs. the high net worth leverage credit
– Tips using your HELOC
– Where else to invest besides real estate

To get in touch with Ara:
Email: ara@safebridgefinancial.com
LinkedIn: https://www.linkedin.com/in/aramovsessian/

Property Management Fundamentals While Investing in New Brunswick

Guest:  Jeff Murray, Real Estate Investor & Property Manager

Jeff Murray, born and raised in St John, New Brunswick got started in real estate nearly 10 years ago buying an investment property from a friend and mentor. The rental market at the time was soft because many people were leaving the city to get work out west.

However, Jeff was always successful in maintaining high occupancy rates in his properties, understanding the significance of maintaining the investments, so when an opportunity came along to buy the name and concept of Canada Homes for Rent, his entrepreneurial DNA kicked in and he was suddenly a property management business owner.

Focused initially on single-family homes, Jeff and his wife built the management portfolio to 70-80 homes when they realized they needed more help. 7 years later, Canada Homes for Rent has a team of around 30 managing 1,000 properties for 180+ owners/investors. Jeff proudly still manages the very first property that he started with.

Canada Homes for Rent is a property management and residential leasing company, started its operations in Saint John and soon expanded to Moncton, Fredericton and other places throughout New Brunswick. Seamlessly managing a variety of houses, apartments, condos and commercial spaces, offering 24/7 service and maintaining an average of 95% occupancy on its rental units.

Gaining much of its business by referral, the company offers a wide range of services, which include; in-depth tenant screening, extensive advertising, tenancy agreement, move-in/move-out inspections, leasing, client co-ordination, mail forwarding, property viewing, repairs and renovations, in-house cleaning, lawn care and snow removal and overall property management.

You will learn about:
– Landlord & Tenant laws
– Airbnb management advice
– Insights on today’s market financials
– Is there a rent increase cap?


Get in touch with Jeff: