Where Should I Invest? Real Estate Investing in Canada

Guest: Kellan Paniccia, Real Estate Investor This week’s podcast guest is Kellan Paniccia. Kellan’s story is amazing! He started out with a duplex, living for free. He played his cards right and kept his debt service ratio in check. He mentioned that there is a myth surrounding the financing wall… if you have cash flow positive properties that can help you with approvals. That’s how he avoids equity partners and JV partners by respecting the 50% rule. Working with RBC and Desjardins has helped him acquire 6 plexes at a residential rate. The first 10 properties he owned personally and just recently incorporated for tax purposes. Kellan also explained how to keep acquiring with no-day jobs and 10+ properties. In this episode, you will learn about: Frugal livingHow to get startedLiving for freeAchieving financial independenceKeep the momentum goingStarted 5 years ago and now up to 52 unitsThe importance of debt service ratio Get in touch with Kellan:Instagram: @kellan.jamesWebsite: https://www.kellanjames.ca/This episode has been brought to you in part by;Dylan Suitor of Elevation Realty Meghan Chomut CFP – www.meghanchomut.com/sarahThe post Myths Regarding Financing Rules… Get Unlimited Properties With Banks first appeared on Sarah Larbi Developments.

Guest: Arun Thakur This week’s podcast guest is Arun Thakur, real estate investor. Arun and his wife came to Canada from the US in 2015. They wanted to invest in real estate but we’re unsure how to go about it. Started out with wholesale deals and hired a coach (Sarah) to get going. He started out with a 5 plex. Arun was looking for financial and time freedom and he chose real estate as the vehicle. It all began with a wholesale deal that ended up not working out. It was a challenge and a setback, however, it gave Arun the drive and persistence to keep going and become successful. In this episode, you will learn about:  The importance of hiring a coachHow to get startedMaking it work with a familyTaking action – don’t just dream about it!Getting your spouse on board with your projectsFinding deals and navigating the ups and downsREI is work, treat it like a business Get in touch with ArunWebsite: www.Shanayaproperties.comEmail: arun@shanayaproperties.comFacebook profile: https://www.facebook.com/arun.thakur.33671748 This episode has been brought to you in part by; Dalia Barsoum at Streetwise Mortgages Jon Tenbrinke of Blackjack Contracting Inc. Susan Corcoran & Sue Ore of Complete Properties Inc.The post Jump in, Take Some Calculated Risks first appeared on Sarah Larbi Developments.

Guest: James Lloyd & Voytek Mardula This week’s podcast guests are James and Voytek from USProperties.ca Affluent young Americans are leaving large, overcrowded cities. They are spending much more on their houses as they have more disposable income and are working from home. They’re taking advantage of the low cost of living and increasing appreciation in key areas of Detroit and other cities. USProperties.ca has been working in the same areas for about 5 years and they’ve renovated hundreds of homes, creating a turnkey product for Canadian investors. In this episode, you will learn about:  Canadian operators offering turnkey solutions in DetroitMarket appreciation ranging from 25-27% since June 2020Focus on single-family homesNew trends during the pandemicWork from home… moving away from larger US citiesPittsburgh, Cleveland, Detroit, and other smaller cities are thrivingNesting – home renovations is driving values up Get in touch with James & Voytek:Facebook:  https://www.facebook.com/uspropertiescaWebsite: https://www.usproperties.ca/This episode has been brought to you in part by;Dalia Barsoum at Streetwise Mortgages Dylan Suitor of Elevation Realty Meghan Chomut CFP –www.meghanchomut.com/sarahThe post Should You Invest in Detroit? The Numbers Don’t Lie! first appeared on Sarah Larbi Developments.

Guest: Mathew Frederick, real estate investor, coach & mentor. Mathew began his journey many years ago working with people that have money but no time or knowledge. He’s done many Joint Ventures and has a very creative way to find off-market deals. He does door knocking and leaves letters which many wholesalers do. However, he also approaches the homeowners in a completely different way. Mathew offers the owners 5 or 6 different offers ranging from buying the property outright to partnering on a project to add a secondary suite to using VTBs to get price reductions and much more! Listen to the full episode for more amazing tips and tricks. In this episode, you will learn about: Creating habits to find off-market propertiesFocusing on 12-18 unit propertiesPlazas, mixed-use propertiesTime management for successSpotting properties and approaching owners with multiple offersCausing people to become Joint Venture partners Get in touch with Mathew:Instagram: @rccsol.investorWebsite: https://rccsol.com/ This episode has been brought to you in part by;Dalia Barsoum at Streetwise MortgagesJon Tenbrinke of Black Jack Contracting Inc https://blackjackcontractinginc.ca/Susan Corcoran & Sue Ore of Complete Properties Inc.The post Driving For Dollars With A Twist first appeared on Sarah Larbi Developments.

Guest: Natalie Cloutier This week’s podcast guest is Natalie Cloutier, real estate investor and builder. Natalie and her husband bought their first condo at ages 19 and 20. They hated living in tight quarters and were reminded by their parents that they could get a bank loan for auto-construction projects! The young couple decided to switch gears and put in a ton of sweat equity and use their labour as the downpayment to build a house where they could live with an apartment that could help them pay their deals. They were hooked! They’ve now built several small multi-family properties where they’ve used the BRRR model: Build Rent Refinance Repeat. In this episode, you will learn about: Another type of BRRR Build Rent Refinance RepeatUse sweat equity as your downpaymentBuild in the cost of the lot within the appraised value of your propertyBuying land and building your own house with a secondary suiteHow to plan for new construction bank loan drawsHow to leverage properties and using HELOCsBuying lots for cash… Money velocity Get in touch with Natalie:Instagram: @thenewbuildcoupleWebsite: https://www.thenewbuildcouple.com/ This episode has been brought to you in part by;Dylan Suitor of Elevation RealtyJon Tenbrinke of Blackjack Contracting Inc.Meghan Chomut CFP – www.meghanchomut.com/sarahThe post Build Your Own Rental Property And Grow Wealth first appeared on Sarah Larbi Developments.

Guest: Natasha Cultraro Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Natasha Cultraro, Real Estate Investor & Property Manager. Natasha and her husband began their REI journey in 2006. They purchased a duplex in Oshawa. At that time, finding a property close to home that they could easily manage sounded great. Eventually, they started refinancing properties and got into Rent-To-Own deals. As their portfolio grew, they started their own property management company in 2017. In October 2020, they moved to Costa Rica since they have such a solid team in place, allowing Natasha and her husband to work remotely. They’re still both working full-time and they’re saving a lot of money living abroad. In this episode, you will learn about: Started by purchasing properties with basement suites for peace of mindHow living abroad can save you a ton of moneyLeading a less stressful life, away from homeHow to start a property management company…Providing a service, find the niche that fits youProperty management is a commodity… what’s your difference?Focus is on Durham and Clarington area Listen to the full episode at https://bit.ly/WSIILatest Get in touch with Natasha:Instagram: @the_intuitive_entrepreneurWebsite: https://www.icpmpros.com/ This episode has been brought to you in part by;Dalia Barsoum at Streetwise MortgagesJoel Wilson & Rob Lee of White Elm Design-BuildSusan Corcoran & Sue Ore of Complete Properties Inc.The post Living Abroad While Doing Property Management Remotely first appeared on Sarah Larbi Developments.

Guests: Joe Ferrara and Harry James, real estate investors Listen to the full episode at https://bit.ly/WSIILatest Stick to what you’re good at and delegate or hire where you lack skills and knowledge. Having clear lanes and defined roles will help you grow much faster. In a partnership, it’s how you handle the downside that matters the most. Harry and Joe have been business partners for over 12 years and have learned so many great lessons. Finding a good business partner is essential to get to the next level in real estate investing. How do you pick a good partner? There’s a lot more than meets the eye. Good partnerships usually evolve far beyond the project at hand. If you’re only in it for the money, it usually won’t last. In this episode, you will learn about: Over 40 years of experience eachHow partnerships can help you growGetting to the next level and scalingFinancing for successGrowing pains! Losing money for 6 years with restaurantsTrue character comes through when splitting losses Listen to the full episode at https://bit.ly/WSIILatest Get in touch with Joe and Harry:Instagram: @harryjameslivereal @napa_valley_developmentsWebsite:https://harryjamesenterprises.com/https://napavalleycontracting.com/ This episode has been brought to you in part by;Dalia Barsoum at Streetwise MortgagesDylan Suitor of Elevation RealtyMeghan Chomut CFP –www.meghanchomut.com/sarahThe post How to Get to the Next Level in Your Real Estate Journey first appeared on Sarah Larbi Developments.

Guest: Amanda and Jon Eagle, Real Estate Investors Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Amanda and Jon Eagle, real estate investors located in the Kitchener-Waterloo area. Jon & Amanda are high school sweethearts, they have two young kids and they officially began investing in 2017. They bought a couple of condos and thought this would suffice for their retirement. However, they eventually switched gears and wanted to have a more active role. They now teach their kids about having the right kind of debt and are now acquiring cash-flowing assets and building their portfolio. Jon looks after the business development side of things and financials while Amanda focuses on social media and other tasks. In this episode, you will learn about: How to balance family life and real estate investingCommunity and Networking group influencesFocus on the Kitchener marketStarted with condosFreedom afforded by REINow doing the BRRRR and duplex conversionsCreative financing Listen to the full episode at https://bit.ly/WSIILatest Get in touch with Amanda and Jon:Instagram: @legacyhomeinvestmentsWebsite: https://legacyhome.ca/about-us/ This episode has been brought to you in part by;Dalia Barsoum at Streetwise MortgagesJon Tenbrinke of Blackjack Contracting Inc.James Lloyd & Voytek Mardula of US PropertiesThe post A Busy Young Family & Real Estate Investing Can Go Together! first appeared on Sarah Larbi Developments.

Guest: Spencer and Ashley Giles, Real Estate Investors Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guests are Spencer and Ashley Giles, Real Estate Investors. Spencer & Ashley specialize in AirBnB rentals in the Niagara region. When the low rental season kicks in, they switch their strategy to appeal to essential workers. In this episode, they discussed the various strategies they use to get top dollars from renters and how to remain sane. They also explained how they scaled their portfolio and are now even managing for others. This amazing couple also spoke about traveling frugally and how to build your credit. In this episode, you will learn about: Ashley began in REI with house hackingSpencer joined 3 years ago starting with an Air BnB propertyBRRRR on their 1st propertyUsed HELOCs to buy other propertiesThey now own 15 doorsManaging Air BnBs for othersSupplies & management – how to make it happenInvest in decor and luxuries! Get in touch with Spencer and Ashley:Instagram: @spencerandashleyWebsite: www.travelluxepropertymanagement.com Listen to the full episode at https://bit.ly/WSIILatest This episode has been brought to you in part by;Dylan Suitor of Elevation RealtyJon Tenbrinke of Blackjack Contracting Inc.Meghan Chomut CFP – www.meghanchomut.com/sarahThe post AirBnB Success: How to get top dollar for your rentals first appeared on Sarah Larbi Developments.

Guest: Christina Turner, Restaurateur Listen to the full episode at https://bit.ly/WSIILatest This week’s podcast guest is Christina Turner. Christina Turner, a restaurateur spoke with Sarah about the ups and downs of opening a restaurant during the pandemic. Fresh, locally-made modern Italian food is what Zucchini Cucina serves. Tune in to hear about this business owner’s experience during the pandemic. This interview highlights the importance of adaptability. In this episode, you will learn about: 50% of restaurants never make it to year 2Reputation is everythingHad to pivot during Easter and the new lockdownHow to manage perishable suppliesStaffing challenges Listen to the full episode at https://bit.ly/WSIILatest Get in touch with Christina:Instagram: @zucchiniscucinaWebsite: https://zucchiniscucina.ca/The post Owning A Restaurant During The Pandemic… first appeared on Sarah Larbi Developments.