Where Should I Invest? Real Estate Investing in Canada

Guest: This week’s podcast guest is Jude Kamal – Interior Designer & Real Estate Investor. Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Jude Kamal – Interior Designer & Real Estate Investor. Jude has been working on heritage homes for a few years. She discusses the pros and cons of buying an older home with unique features and owning a piece of local history. Jude shared some resources you can use to evaluate the potential of a heritage home as a principal residence or a flip. Determining heritage designation or upcoming designation is very important before buying an older property. Things such as windows, staircases, flooring and so much more could become part of the designation. The most common is the roof, The interior elements are rarely covered but could be. You can restore the heritage elements but they need to look the same. The best use for investors is a high-end flip as there is a very big premium price tag that goes with renovated heritage homes. In this episode, you will learn about:  Working with heritage designated propertiesHow preconstruction got Jude started in REIUps and downs of older homes – pre 1920sTypical issues of heritage propertiesInvestment opportunities, grants & rebatesThe renovation processThe various approval permits Get in touch with Jude Kamal:Website:https://www.sansainteriors.com/Instagram:https://www.instagram.com/judekamalThis episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/ Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/Meghan Chomut CFP – www.meghanchomut.com/sarahThe post Heritage Homes: How To Flip Them! first appeared on Sarah Larbi Developments.

Guest: This week’s podcast guest is James Svetec – Real Estate Investor & Airbnb expert. Listen to the full episode at https://bit.ly/WSIILatest James’ career began by managing other people’s Airbnb. He eventually set up his own short-term rentals by working with investor partners. The trend twoards more local travel has greatly influence how he now sets up his suites. The properties need to be near outdoor attractions and staycations. International guests have shown a preference towards medium term rentals. Airbnb is all about huge cashflow & control over your properties. You don’t need to deal with bad tenants and you’ve got tons of eyes on your property. The cleaners and all other outsourced service providers are constantly checking on the premises. The BNB Mastery program that James has designed will help you set up the systems and strategies to ensure long-term success. The key to a good Airbnb experience is to make everything as smooth as possible for the user. In this episode, you will learn about:  Author of Airbnb for DummiesStarted by managing for othersHow to work with investorsUsing long-term rental rates as your baseline priceBNB Mastery ProgramThe importance of systems and proceduresAmazon home decor accessories Get in touch with James:https://bnbmastery.com/our-story/Instagram: @jamessvetecFacebook: https://www.facebook.com/james.svetecThis episode has been brought to you in part by;Joel Wilson & Rob Lee of White Elm Design Build – https://www.whiteelmdesignbuild.com/ Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/Susan Corcoran & Sue Ore of Complete Properties Inc.The post Airbnb for Dummies! How to Set-Up Cashflowing Short-Term Rentals first appeared on Sarah Larbi Developments.

Guest: Shawn Rea – Real Estate Investor Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Shawn Rea – Real Estate Investor Shawn’s life changed completely after he read Robert Kiyosaki’s books 7 years ago when he learned how to invest in real estate. He began buying cash-flowing assets. It was a tough beginning with no cash and living paycheque to paycheque. He hustled and took on up to 3 jobs at once to buy his first investment properties. While doing this, he became obsessed with real estate investing and absorbed all the content he could – podcasts, YouTube videos, mentors, etc. As a new real estate investor, his goals changed along the way as he quickly surpassed his 5-year plan. He’s now doing development in Belize and much more! His main tips are to take action by finding out what’s driving you? Accountability is also an important part of any successful investor. Listen to the full episode for some amazing insights! Shawn’s favourite book is the Millionaire Fastlane by MJ DeMarco. In this episode, you will learn about:  How to get started in REI7 BRRRRs in a rowScaling your portfolio & your mindsetRealize that you can do it!Networking is the fastest way to growWhat you do with the information is what mattersHow bad do you really want it? Get in touch with Shawn:Website:https://linktr.ee/shawnreaInstagram: @shawnrea This episode has been brought to you in part by:Jon Tenbrinke of Blackjack Contracting Inc. – https://blackjackcontractinginc.ca/Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com Meghan Chomut CFP – www.meghanchomut.com/sarahThe post How To Get Started In Real Estate Investing & Transform Your Life! first appeared on Sarah Larbi Developments.

Guest: Craig Race & Ryan Fernandes – Real Estate Investors & Laneway House Developers Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guests are Craig Race & Ryan Fernandes – Real Estate Investors & Laneway House Developers. Laneway houses are a recent phenomenon in Toronto and Vancouver. Craig & Ryan are designing homes ranging from 500 sf up to 1700 sf with 3 bedrooms and even a basement! Toronto has great policies that help investors build laneway houses to increase density in older parts of the city. Utilities are connected to the main house and are then submetered. Beautiful designs have been created and most are 2 stories above great. It’s a very flexible building model that can even eventually be combined with the main house. It’s a harder resale market as there are currently no comparables. On the rental side, it’s amazing! You can get very high rents and revenue data from other investors. Laneway houses are development-charge free which is a huge saving. Parking requirements are null which greatly increases building opportunities. Make sure the check out Craig & Ryan’s advocacy efforts, they are the leaders in the laneway housing sector. In this episode, you will learn about: What’s a laneway houseHow to prepare for such a projectMaximizing underutilized spaceDetermining if your property is suitable for a laneway houseVarious rental opportunities for laneway housesHow garden suites differ from laneway housesOpportunities in the city of Hamilton Get in touch with Craig Race & Ryan Fernandes:Website:www.lanescape.caInstagram:https://www.instagram.com/lanescape.ca/Facebook:https://www.facebook.com/lanescape.caTwitter:https://twitter.com/lanescapecaInstagram: @ryanfernandes94Instagram: @craigitectThis episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/ Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/Susan Corcoran & Sue Ore of Complete Properties Inc.The post Laneway Homes, Suite Opportunities! first appeared on Sarah Larbi Developments.

Guest: Josh Stevenson, Real Estate Investor Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Josh Stevenson, Real Estate Investor. Josh started out about 14 years ago and was slowly acquiring properties at the beginning. He eventually partnered with his friend Brent and they put their resources together and really grew their business in northern Ontario. They invested their capital, equity, and skillsets. They still self-manage even though they now own more than 90 doors. They are slowly adding to their team (Josh’s wife, etc.). They built it all without private lenders or JV partners. They did some no-money-down deals with credit unions, vendor takebacks, and more! Josh also shared some amazing tips on how to work with credit unions, using collateral mortgages, and getting creative with loans and lenders. This has helped him grow and scale by using liens and other ways to build trust with lenders. In this episode, you will learn about: The importance of staying ahead of the market “explosions”Structuring no money down dealsHow to find the right partnerSelf-managing a large portfolio remotelyCollaborating with tenants as “anchor persons”Using collateral wisely to scale upMore creative tips and tricks of the trade! Get in touch with Josh:Instagram: https://www.instagram.com/investnorth.ca/Website:https://www.investnorth.caThis episode has been brought to you in part by;Joel Wilson & Rob Lee of White Elm Design Build – https://www.whiteelmdesignbuild.com/ Susan Corcoran & Sue Ore of Complete Properties – https://www.completepropertiesinc.com/The post How Creative Lending Led a Teacher to Acquire Over 90 Doors! first appeared on Sarah Larbi Developments.

Guest: Ava Benesocky, Realtor & Real Estate Investor, Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Ava Benesocky, Realtor and Real Estate Investor. Ava started out as a realtor in a small city in Alberta. She eventually had a dream to move to Vancouver but wasn’t ready for big-city realtors! She hit some hurdles but decided to look for opportunities. She kept meeting investors that were hitting a wall due to the high price tag of local investments. That’s when she realized there must be a place where investors could deploy their capital! With CPI, she’s now matching investor capital with active operator investors in the states, pooling together capital to purchase much larger assets. CPI’s focus is on 30-50 million dollar assets with at least 100 doors. The company has been around for a while and now has a constant deal flow. It’s all about creating strong business relationships. CPI brings in the funds to make the deals happen and also sits on the GP to ensure a smooth process. Canadians are very conservative investors in general and still need to learn about how to deploy their capital internationally. CPI is focusing on education first and helping hundreds of Canadians become successful investors. In this episode, you will learn about: How to deploy funds in US assetsGreat way to diversify your portfolioForced appreciation and natural appreciationInvesting in the sunbelt (US states)How to address double taxation for Canadians investing in the USTurn-key solutions for Canadian investors Get in touch with Ava:Instagram: https://www.instagram.com/cpicapital/Website: https://www.cpicapital.ca/ This episode has been brought to you in part by;Dalia Barsoum at Streetwise MortgagesMeghan Chomut CFP – www.meghanchomut.com/sarah The post Hands-Off Investing in the USA! first appeared on Sarah Larbi Developments.

Guest: François & Jennifer Lanthier, Real Estate Investors Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guests are François & Jennifer Lanthier, real estate investors located in Ottawa. They are a very creative couple that invests in eastern Ontario, eastern Canada, and now in the US! They’ve done a lot of Joint Ventures which is great but they can be a lot of work. Jennifer is more involved with numbers and François is more of the social media and relationship manager. Their top tip is “no rush, no pressure”! Time is of the essence, it can take a few months or more to cultivate leads and partnerships. François works with a “sales” funnel to match up buildings and investors. Which one comes first; the building or the investors? You need both! Fill your funnel with potential buildings and potential partners to acquire the deal. This couple also focuses on secondary and tertiary markets to find deals. They recommend you build close relationships with realtors and wholesalers, let them know what you’re looking for. Tough conversations with JV partners and much more… tune in to find out all they’ve accomplished in only 19 months. In this episode, you will learn about: Networking for successHow to do JVsHow to pick your partners and lendersMeeting partners on Zoom! Finding money partnersOne-pager documents to attract investorsOffer, don’t ask! Turning on a dime and finding 100k within days Get in touch with François & Jennifer:Instagram: @fl_homes_corpWebsite: https://flhomescorp.wixsite.com/flhomesThis episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages Jon Tenbrinke of Blackjack Contracting Inc. – https://blackjackcontractinginc.ca/Meghan Chomut CFP – www.meghanchomut.com/sarahThe post JVs, Creatively Managing Remote Investments & Retiring at Age 40! first appeared on Sarah Larbi Developments.

Guest: Ross Nedaee Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Ross Nedaee. Ross has an interesting story… he began with very small payments of only $500 per month and a downpayment of $2,500 on a condo in Toronto. He got his first taste of appreciation with this property and was able to quickly build some equity that he then used to move on to more active projects. Buying discount multi-family properties has helped Ross acquire good properties with some vacant units. This is how he was able to get the best rent and analyzed the properties. He asked for a discount and asks a lot of questions, the worst you can get is a no! Everything can now be done remotely, take advantage of technology.  In this episode, you will learn about: How a preconstruction condo got Ross started!Using a HELOC for successNow doing the BRRRR to scale up and build a portfolioLooking for vacant units to be able to increase rent, etc. Building a team remotelyMultifamily properties to mitigate riskNetworking and Meetups to establish a presenceHouse hacking tricks and tips Get in touch with Ross:Instagram: @ross.nedaee Website: https://linktr.ee/rossnedaee This episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/ Dylan Suitor of Elevation Realty – https://www.elevationrealty.ca/Susan Corcoran & Sue Ore of Complete Properties Inc.The post How a Preconstruction Deal Led to a Great Portfolio! first appeared on Sarah Larbi Developments.

Guest: Marcin Drozdz, real estate investor & coach Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Marcin Drozdz. I have known Marcin for a little while and it’s been great to catch up and hear about what he’s doing. He recently pivoted to investing in large multi-family properties in the US. In this interview, Marcin explains why he chose to invest remotely and how he does it. He also explains how the scale of American cities greatly affects investors and creates some massive opportunities. His focus is on distressed properties… Buy deals, fix them, refinance them and do it again. He broke down the numbers for us and spoke about creative financing strategies and how to fund the renovations, find investors, and close the deal. We also discuss landlord and tenant laws in Tennessee. Marcin is providing clean, safe, and affordable housing. He’s focusing on working-class neighbourhoods and creating value for the community and investors. In this episode, you will learn about: What are tertiary and secondary markets in the USUsing a VTB to close on a large dealHow to make distressed properties bankableTaking advantage of local tax breaksWhy Memphis Tennesse?Market fundamentals to look for when looking at value-add propertiesCurb appeal and safety can help you rent a property Get in touch with Marcin:Instagram: @realmarcindrozdz Website: https://www.marcindrozdz.com/ This episode has been brought to you in part by;Dalia Barsoum at Streetwise MortgagesMeghan Chomut CFP – www.meghanchomut.com/sarah Jon Tenbrinke of Blackjack Contracting Inc. – https://blackjackcontractinginc.ca/The post Buying Apartments at 20k Per Door! How to Be a Value-Add Player first appeared on Sarah Larbi Developments.

Guest: Dr. Axel Meierhoefer Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Dr. Axel Meierhoefer from San Diego, California. Axel now owns 10 properties in the mid-south and mid-west (USA). It all began in 2011 when he wasn’t able to sell his own house and became a landlord. He then turned to turnkey projects in various areas such as Ohio and more recently Alabama. He buys properties that are renovated by a company and are all set up to cash flow from day one. He also mentors aspiring investors on how to work with turnkey providers and optimize their investment dollars. Mindset is a huge gamechanger and Dr. Meierhoefer has worked a lot on this to create the journey and time and freedom he desires. Listen to the full episode to learn a ton of great nuggets for passive investments.  In this episode, you will learn about:  How the financial crash of 2008 led him to REITurnkey providers in the US offer amazing hands-off investment propertiesThe 1% rule and how it helps him determine what to buyUse nationwide lenders in the USAFinding the ugly duckling in B and C+ neighbourhoodsUsing 70% LTV or more when investingThe 200% rule… How to make deals perform even better! Get in touch with Dr. Axel:Instagram: @idealwealthgrower Website: https://idealwealthgrower.com/ This episode has been brought to you in part by;Dylan Suitor of Elevation Realty Dalia Barsoum at Streetwise MortgagesSusan Corcoran & Sue Ore of Complete Properties Inc.The post Retire With Passive Income Through Turnkey Rental Properties first appeared on Sarah Larbi Developments.