The Canadian Real Estate Investor

WHO you need to more add units to your properties - we’ve already covered the WHAT - that could be a current investment property, or one you’re planning to buy, and they WHY is because you are, or are trying to become an investor.  A planning team, a municipal planner, but this could also include consultants for studies like environmental, forestry (trees), site plan control, landscape architecture For drawings - you need an engineer or comparably qualified person to stamp the drawings. You can submit “homeowner drawings”, but you likely need professionals like architects, BCIN, and engineers  Building - you need a general contractor  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Meetups - next one Kitchener Waterloo - July 17th realestatemeetups.ca  Merch - realestatemerch.ca  Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch Get a Pre Approval G & H Mortgage Group Analyze a Deal in Seconds & Track your Portfolio: https://www.lendlord.io/crei See omnystudio.com/listener for privacy information.

The Bank of Canada’s quarterly Indicators of financial vulnerabilities page - indicators we use to track the evolution of two vulnerabilities in the Canadian economy: the elevated level of household indebtedness and high house prices. we’re also going to be talking about the Bank of Canada’s evil arch-nemesis… inflation!  Inflation is at its lowest since 2021 based on CPI But… Mortgage costs rising at almost 30% annually  Without mortgages, CPI would have been 2.5%  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Meetups - next one Kitchener Waterloo - July 17th realestatemeetups.ca  Merch - realestatemerch.ca  Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch Get a Pre Approval G & H Mortgage Group Analyze a Deal in Seconds & Track your Portfolio: https://www.lendlord.io/crei See omnystudio.com/listener for privacy information.

Lots of news happening, and it seems like the media has taken a more bearish tone;  Canadian banks facing pressure to increase the amount of cash they hold CIBC being under remediation for letting people take on too much mortgage debt Toronto’s condo market being in a “moment of reckoning”  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Meetups - next one Kitchener Waterloo - July 17th realestatemeetups.ca  Merch - realestatemerch.ca  Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch Get a Pre Approval G & H Mortgage Group Analyze a Deal in Seconds & Track your Portfolio: https://www.lendlord.io/crei See omnystudio.com/listener for privacy information.

In our 100th episode we look at Canadas population hitting 40 million, and how it stacks up to other countries & GDP's  How Passive is real estate investing? How much money do you need to be a Real Estate Investor? Do you need to be good at math and accounting to be a good investor?  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Sign up for our Course  Course Sign up for the  Newsletter Meetups  meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We are talking about interest rates, the history of interest rates, the literal highs & lows, we also chatting on real, negative and neutral rates.  A $1M mortgage over 30-year amortization at 5.5% pays $1.03 million in interest On that mortgage you’d pay $262,000 in interest over a 5-year term … and just $76,000 in principal  We look at rate fluctuation since the 1930's and analyze cycles Decade by decade changes and the correlating economy and home prices  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com TCI Meetup Event  Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch Get a Pre Approval G & H Mortgage Group Analyze a Deal in Seconds & Track your Portfolio: https://www.lendlord.io/crei See omnystudio.com/listener for privacy information.

We are looking at Private Mortgages, a deep dive, into who uses these loans, and for what,  The terms, rates and ratios of private mortgages How to calculate the payments on private mortgages terms  Based on data from the CMHC, non-bank lenders originated $183.61 billion worth of mortgage loans in 2021 If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Sign up for our Course  Course Sign up for the  Newsletter Meetups  meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We’re talking about the most important metric to your real estate investment, DSCR, Debt Service Coverage Ratio.  The list of cities that were most searched in Canada in Q1 of this year. 1st was Calgary then Toronto and Ottawa  Both real estate investors and lenders use the debt service coverage ratio when analyzing rental property performance What is a DSCR, whats a good and bad one and how to calculate If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Sign up for our Course  Course Sign up for the  Newsletter Meetups  meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

In todays show we talk about the Bank of Canada and its Rate Decision, We also look at the IMF and a recent study they released. We also look at CMHC, thats Canadian Mortgage & Housing Corporation and why they say the Canadian economy can’t afford any more rate hikes, so buckle up, this a good one.  How the rate hike will affect your variable mortgage  IMF Reports high levels of household debt & large share of borrowing issued at floating rates are more exposed to higher mortgage payments resulting in a higher risk of defaults in Canada  46% of respondents in a CMHC said they must adjust their household budget. If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Sign up for our Course  Course Sign up for the  Newsletter Meetups  meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We dive into a new report on Condo Investors losing money.  What is a Debt Service Coverage Ratio and why its so important  Condo deposit insurance & Tarion warranty  Condo completion's per person in every major city  Cash flowing investments vs. not cash flowing investments  If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com Sign up for our Course  Course Sign up for the  Newsletter Meetups  meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

One simple tool to compare multiple properties, Cap Rates. We've talked about them on the show a lot, but haven't done a deep dive, until now.  Determine the Net Operating Income (NOI) How to calculate a cap rate with examples What is a good Cap Rate? Cap Rate Compression If you have any questions for the show or want to work with Nick and Dan please reach out to them on social media or send an email to tcreipodcast@gmail.com   Sign up for our Course  Course Sign up for the  Newsletter Meetups  meetups Merch  merch Get a Pre Approval G & H Mortgage Group Work with Landbank LandBank Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.