In today’s episode, Carmen and Jordan speak with Andrew Hines from AMH Fine Homes about how to acquire and hold ten properties and beyond. Andrew is a builder and very successful real estate investor who has a lot to teach everyone regarding the trade secrets involved in acquiring and holding multiple investment properties. He is an absolute wealth of information and today he shares his extremely lucrative real estate strategies with our hosts and you, the listener.

Episode Highlights:

The factors that led to Andrew’s passion for building and real estate investment The benefits of investing the way Andrew has Andrew’s current student rental example The importance of having a strategy in place Getting educated and taking action How to purchase a rental property Key success factors to buying and holding multiple properties Commercial financing opportunities

Quotes:

“I could literally replace my family’s entire income by owning these buildings and do nothing.”

“Your tenants are paying off your debt. Brilliant.”

“You put the work in up front, but down the road it pays off.”

“Big payouts and big paycheques are actually possible when you take initiative.”

“For real estate investing, credit is one of the number one things you need. Number one.”

“There’s always a creative way to get financing.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Carmen and Jordan speak with husband and wife power team Ginny Sahni and Jiten Sharma, Senior Mortgage Underwriters for Pro Funds Mortgages, about reasons to work with a broker as opposed to a bank. In addition to sharing their professional history, Ginny and Jiten explain the current mortgage rules for residential properties and the impact they have, as well as what alternative lenders and the Office of the Superintendent of Financial Institutions are. They also explore private mortgages and the many benefits of dealing with a broker. You are invited today to take this unique opportunity to learn from these two experts as they share their vast amount of knowledge, insight and experience in the mortgage and lending field.

Episode Highlights:

Ginny and Jiten’s professional history Current mortgage rules for residential properties and their impact Alternative lenders Office of the Superintendent of Financial Institutions (OSFI) The many benefits of dealing with a broker What a private mortgage is

Quotes:

“The rules keep changing and they’re making it more and more challenging for individuals to qualify for a residential mortgage.”

“We have even access to these lenders who are actually a great fit for those people who have been declined by the major banks.”

“The broker, we work for the client.”

“In one application they can have, you know, the ability to look at many different lenders with a broker, which I think is a huge benefit.”

“A seasoned broker has developed a relationship with these lenders over a period of time which, you know, actually provides them a lot of value.”

“Private money is becoming more and more popular as the guidelines are changing.”

“It’s like a one stop shop.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Investing in a REIT

Show Notes:

Robert Chaggares, Founder of Liahona Capital Inc., and Erik Kroman, VP Finance with Valour Capital, join Carmen and Jordan today to talk about what a Real Estate Investment Trust (REIT) is, how it works, and why it can be a great investment. Along the way they define some relevant investment terms, discuss the difference between public and private REITs, explore the background of District REIT, and highlight the costs, returns, benefits and level of risk associated with these investments. They even provide details on exactly how you can get involved today, so get ready to learn absolutely everything you need to know about how to invest in a REIT right now!

Episode Highlights:

Rob and Erik’s journeys to their current roles Definitions of exempt market dealer, and return of capital How a REIT works and how to get started today The difference between public and private REITs The background on District REIT The costs, returns, benefits, and level of risk associated with these investments

Quotes:

“A REIT, or Real Estate Investment Trust, is an organized way for people to pool their capital to buy commercial real estate.”

“I’ve been doing this for a long time and, really, I love it.”

“Power in numbers.”

“The rental income that the buildings produce, in this portfolio, is able to be passed down to the investors who invest in that.”

“The debt on the properties are low as well.”

“The investment holders of those units benefit from the pay down of the mortgage as well as the appreciation.”

“The REIT depends on the management.”

“There’s an incredible strategy in place to grow wealth for everyone.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

District REIT homepage: https://districtreit.ca/

In today’s episode, Carmen and Jordan welcome two of their long time Pro Funds clients, Maria and Frank Bruno, to discuss investing in mortgages with a conservative approach. Our guests begin by sharing how they became involved with Pro Funds and the importance of establishing trust and a solid relationship with them. With our hosts, they also run through the details of one of their first investments, explain why people would use this strategy to borrow money, and explore how it has benefited them. Along the way, Jordan and Carmen also explain some of the pertinent investment terms that may be unfamiliar to listeners, and they finish by reviewing what to look for to ensure you are protected in your investment. Frank and Maria’s story is one that many listeners will be able to relate to, and is certainly one from which all can benefit.

Episode Highlights:

How Maria and Frank became involved with Pro Funds The importance of establishing trust and a solid relationship Explanations of private lending, loan-to-value, lender fee/bonus, and a syndicated mortgage An example of one of their first investments Reasons why people would borrow money in this way How this strategy has benefited Maria and Frank The 5 main things to look for before starting to invest

Quotes:

“I think we started off very conservative because we wanted to, you know, build trust and build our relationship, feel comfortable, really learn what we’re doing.”

“You were both wonderful at putting us at ease.”

“At the end of the day, it’s all about the people.”

“That package that you prepare is really ‘soup to nuts’ – everything is in there.”

“They have been an incredible resource of passive income.”

“This is all paid by the borrower.”

“It’s really simple.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Builder, developer, and investor Andrew Hines, from AMH Fine Homes, joins Carmen and Jordan for today’s episode which is all about creating value in real estate. Together, they discuss both Andrew and Carmen’s journey through the world of real estate, examine a case study of one of Carmen’s favourite investments, and review the 5 main points that investors should be aware of when creating or finding value in real estate. Carmen also provides her definition of exactly what constitutes a ‘clean offer’, and Jordan describes how listeners can get started with using private money for investments. There is a great deal of information and advice in the episode today, and if you have the wisdom and courage to act upon it, there could be a great deal of success coming your way in the future.

Episode Highlights:

Andrew and Carmen’s journeys through the real estate world A case study of one of Carmen’s properties The 5 main points that investors should be aware of when creating or finding value in real estate Carmen’s definition of a ‘clean offer’ How to get started using private money

Quotes:

“I was able to recycle and reuse money and add more properties to my portfolio.”

“I may just exit now, at this point, and probably make around…three and a half million on this.”

“That’s the fear that cripples most people when they want to get involved in investment.”

“When you use private money, it shows a whole new level of understanding of the game, understanding of how this business works.”

“Don’t sweat the small stuff.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Today, Carmen and Jordan are very excited to welcome John Tamindzic to the podcast to discuss the legal aspects of mortgage lending. In this episode, John explains what mortgage investing is and how it works, answers the Five Most Frequently Asked Questions on Mortgage Security, and also shares his background and experience in this lucrative field.

Episode Highlights:

What is mortgage investing? How is a mortgage investment secured? The difference between and individual mortgage and a syndicated mortgage John’s background in this area of investing How does this whole process work, including the payout? What is a mortgage administrator? What happens if something goes wrong?

Quotes:

“At this level, we have private parties lending to other private parties instead of having a bank involved.”

“Every time we refer you a client, they absolutely love you…your personal service is just great.”

“More often than not, the issues that do come up, when they do come up, are issues that we can correct.”

“Being a lender – it doesn’t cost anything.”

“People can use registered funds.”

“In an absolute worst case scenario…the investor can take steps to actually sell the property.”

“It’s a great investment vehicle.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Darren Neziol and Gopi Pallai, Senior Analysts from Valour Capital Management Inc., join Carmen and Jordan to discuss the 5 essential factors you need to be aware of before getting started in a development or construction mortgage. These seasoned professionals also explain what due diligence is, the difference between the construction and developments aspects in these investments, and the role that Valour Capital Management plays in them.

Episode Highlights:

Darren and Gopi’s credentials Defining due diligence The 5 essential factors The difference between the construction and development aspects of these investments Valour Capital’s role in these investments

Quotes:

“There’s so many things that could potentially go wrong if you’re not guided by the right people.”

“When we do due diligence, we focus on the market.”

“The main thing is to know how long is this going to take to be built and sold. That’s how you’re going to get your money back at the end of the day.”

“Valuation is pretty critical.”

“Valour has your back, more or less…watching over everything, making sure that everything’s running smoothly with that mortgage investment.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

In today’s episode, Carmen and Jordan are joined by Ian Walterhouse, a Century 21 Leading Edge Sales Representative, who shares with listeners his strategy of making money by ‘being the bank’ and lending money as an investment in real estate.

Ian begins by reviewing his start in investing in mortgages and working with Pro Funds, and explains just how this strategy works with his many investments to date. He also reflects upon the numerous benefits this strategy has brought to him, most importantly, increased time with his wonderful family.

Episode Highlights:

How Ian got started investing in mortgages and working with Pro Funds Ian’s ‘being the bank’ strategy His investments to date Pro Funds’ role in this strategy The many ways this strategy has benefitted Ian

Quotes:

“Essentially what a bank does is borrow money to lend money.”

“It’s like potato chips - after I did my first one…I could not stop.”

“The actual return is infinite.”

“It’s enabled people to do so many things that they couldn’t believe they could do.”

“During the day when I’m actually awake I make decisions, and at night I make money.”

“We’ve been lending private money for over 20 years now, and we’ve been creating wealth for many investors.”

“The risk is not getting involved.”

“If you want to bring happiness to this world, go home and love your family.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

Welcome to the premiere of the ‘30 Minutes to Wealth’ podcast – the show that teaches you how to build wealth through real estate. In this introductory episode, Carmen and Jordan are joined by their good friend, Rav Toor of ‘Everyday Investor’ fame, to offer their vision and mission behind hosting the show, briefly explore the world of REITs, and share with listeners just why they love their work so much. They also explain the difference between active and passive investing and provide a glimpse into future episodes of the show which will introduce key strategies in both of these approaches.

As you will discover, wealth is a term which applies to far more aspects of life than simply our finances – become a regular ’30 Minutes to Wealth’ listener and let Carmen, Jordan and their many expert guests teach you how to enjoy abundance in all of them.

Episode Highlights:

The vision and mission behind ‘30 Minutes to Wealth’ How a REIT works Why Jordan and Carmen love what they do Active vs. passive investments

Quotes:

“A couple decades, a little bit more, you’ve been buying properties all over the world, and so it’s about time you start teaching people how to do that as well.”

“You’re not just acquiring properties in this REIT, you guys are also developing properties in this REIT.”

“We’re just creating value for everybody, so if they stick into the whole thing, and stay with it, they’re going to create so much wealth.”

“It’s not just about necessarily making more money, but allowing those people to have more time for the important things in their life.”

“No matter what your niche is you can…come in and learn from experts in that realm and try to bring it into your own life.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/

30 Minutes To Wealth is a Canada-wide talk show that educates viewers on how to acquire wealth through a variety of real estate-based strategies. Hosted by a powerful mother-daughter duo, Carmen and Jordan Campagnaro discuss all things real estate and offer a wealth of knowledge. Both working at Pro Funds Mortgages, a successful mortgage finance and real estate investment firm, they dedicate their professional careers to assisting their clients achieve success. Their desire to educate and empower people to pursue their real estate dreams is the ultimate inspiration behind 30 Minutes To Wealth.