In this week’s episode, Carmen and Jordan meet with Kim Kopyl, VP of Sales and Marketing at Elite Developments to discuss investing in pre-construction. Elite Developments has built its foundation with 50 years of combined building experience., and they have attained a reputation for delivering premier residential and commercial properties throughout Ontario. Elite acquires locations for communities which improves the quality of life, focusing on providing homes with thoughtful amenities, spacious layouts, health & wellness, and leading innovative features throughout.   Today, Kim talks about some of the current real estate trends we are seeing in today’s market, along with the many benefits to investing in pre-construction real estate from a primary residence standpoint or as a rental property. Kim also discusses one of Elite Development's newest projects, the Ambrose Condos in Brantford, Ontario. Listen in to learn more about innovative concepts when it comes to creating, developing and purchasing pre-construction!

Episode Highlights:  

• Kim’s background and her role at Elite
• Current housing trends and how Elite caters to them
• Balancing costs and benefits of amenities
• The Ambrose Condos in Brantford
• The benefits of buying pre-construction
• Kim’s words of advice

Quotes:    “Elite strategically selects incredible locations where you’re going to get a higher quality of life at a fraction of the cost.”   “The home is so much more than a home right now.”   “Everything that you need is at your fingertips at home.”   “We build everything as if we live in it ourselves.”   “There’s so much competition in the marketplace.”   “The lower the price per square foot you buy, the more acquired wealth is in your pocket.”   “We have had, as of late, people request dual masters.”   “The rest component has become important.”   “Over the time of construction, before the property closes, you are attaining wealth in your pocket.”   “Now we’re seeing a new trend of stretched out deposit structures.”   “You have so much choice, which is great.”   “It’s a simple investment.”   “Buy at the best price possible.”     Links:   Elite Developments:   Website: https://elitemdgroup.com/ Instagram: @elitemdgroup Facebook: https://www.facebook.com/elitemdgroup Ambrose Condos Website: https://theambrosecondos.com/   For more information on real estate investing & 30 Minutes to Wealth:   Website: www.30minutestowealth.com Instagram: @30MinutestoWealth Facebook: www.facebook.com/30MinutesToWealth

This week, Greg Witz from Witz Education joins Carmen and Jordan to discuss the importance of communication and relationships when it comes to success in business.Greg is an entrepreneur, leader, podcaster, coach, mentor, father and CEO of Witz Education Inc., a training company committed to the ongoing development and training of today’s leaders. Greg’s sole mission in life is to challenge all of us to be better.

In this episode, Greg teaches us some valuable strategies and tools when it comes to improving working relationships with others, managing a team, dealing with toxic relationships, along with how to become effective negotiators (especially when it comes to negotiating an offer)! We also dig into the power of mindset, and the key habits successful people tend to have in common. Be sure to check out the full episode for practical knowledge you can implement in your life and real estate dealings today!

Episode Highlights:   ·   Greg’s background ·   The importance of relationships in investing and business ·   Self-awareness and personality ·   The two brains ·   Evaluating and attending to personality styles ·   Navigating toxic relationships ·   PRAT ·   The three keys to emotional intelligence ·   Important traits for investors in negotiations ·   Self-sabotage ·   Common themes in achieving success ·   The power of positivity and the law of attraction   Quotes:    “If we want to be successful in business…it comes down to the community and the relationships that we built.”   “Show up with the effort to help someone else move forward.”   “People respond as treated.”   “It’s all about controlling your emotions.”   “It’s only what you tell them is how they’re going to deliver.”   “Truly listen.”   “Let’s be very conscious in not making negotiations adversarial or oppositional.”   “The unknown is scary.”   “Make them feel like they won.”   “There is nothing that will replace hard work.”   “I don’t know anyone that’s achieved success that hasn’t gone through the pain and the frustration.”   “Persistence requires patience.”     Links:   30 Minutes to Wealth homepage: https://www.30minutestowealth.com/     Witz Education / Greg Witz:

Website -  www.witzeducation.com Instagram -  @gmwitz

In today’s episode, Carmen and Jordan meet with real estate investor Robby Clark. From starting out as a childhood actor to going bankrupt at a young age, Robby shares an inspiring story about perseverance and motivation. He has built an impressive real estate business (among others), that has closed on 60 properties in a one year time span, and that has completed more than 150 projects within 5 years.

Robby talks about his unique approach to real estate investing which involves targeting cities and neighbourhoods in Ontario that are undervalued. He and his team will go into these cities and force appreciation by purchasing and improving multiple properties within a close proximity to one another. Robby also talks to us about the importance of mindset and how that has helped him accomplish his goals. Be sure to check out the episode to learn more about his impressive strategy and high volume approach to real estate investing!

Episode Highlights:   ·   Robby’s background ·   Robert Kiyosaki’s Rich Dad Poor Dad ·   Robby’s method ·   BRRR ·   Raising the value of surrounding properties ·   How he selects his investment locations ·   His ‘pick of the day’ ·   Robby’s perspective on problem solving and goal setting   Quotes:    “Anything that anybody could do is possible.”   “The one thing I will do is I’ll jump into things quickly. I’ll make more mistakes than anybody, which is why I’m able to grow faster.”   “Your method is all about high volume.”   “What we did right there was unlock $50M of capital.”   “My focus is always high cap rate, low vacancy cities.”   “You go in and you create the value.”   “We’re always pushing that boundary.”   “I learn by making all my mistakes.”   “Don’t let anybody tell you that you can’t do anything…there’s always a way.”   “You have to work with people who are experienced if you are not.”   “Start easy.”   Links:   30 Minutes to Wealth homepage: https://www.30minutestowealth.com/   To connect with Robby on Instagram: @robbywclark

This week, Carmen and Jordan meet with Shannon Lee Simmons, Certified Financial Planner, Chartered Investment Manager, and founder of The New School of Finance. Shannon is widely recognized as a trailblazer in the Canadian financial planning industry and has published two bestselling books, Worry-Free Money and Living Debt-Free.⁣

In this episode, ⁣Shannon shares her fun and fresh perspective when it comes to budgeting for your first home or investment property. She also talks listeners through some of the top debt mistakes Canadians are making and how to overcome these obstacles, along with how to fast-track for retirement using real estate investing strategies. ⁣⁣What’s more, this is an extended version of our episode, so check out the full episode to hear why Carmen and Jordan are so passionate about financial literacy and planning for your future!

Episode Highlights:   ·   Shannon’s background ·   Strategies and tips for buying a first property ·   First time home buyers and RRSPs ·   Affordability criteria ·   Debt myths, mistakes, and recommendations ·   Investment strategies for retirement ·   The importance of financial planning   Quotes:    “You pay for my brain, nothing else.”   “I like to use the term ‘cash flow plan’.”   “It’s definitely something you want to make sure you’re getting customized advice for.”   “Those fixed expenses are really important to keep at 55% or lower.”   “I think patience is the real lesson here.”   “I feel like you need a team…it’s like a trifecta of awesome.”   “It’s so much easier to stay at zero when you’re at zero.”   “You can’t live in a stock.”   “We’ve helped people change their lives so many times.”   “That income that is coming from that rental property is mimicking a pension for you.”   “Have a plan!”   “A lot of times people are scared that they’re not going to be able to reach where their goals are, so it’s easier to ignore it.”   “I actually think financial planning is a form of self-care because at 3 a.m. you don’t have to worry.”   “I’m basically just nosy – that’s why I got into this business…I’m fun at parties.”     Links:   30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

In today’s episode, Carmen and Jordan meet with Alex Mascott and Aaron Lattimer from Linwood Homes to discuss a turnkey approach when it comes to development. Linwood Homes is a custom home builder specializing in cottages and recreational properties, and they offer prefabricated materials, over 400 designs to choose from, and will help you develop, customize and build your dream home, hassle free!

Learn how working with Linwood may be a favorable option for investors to consider as a more efficient, time saving, and cost effective strategy. They also dig into the exciting Bluffs Bay project on the gorgeous Georgian Bay, and look at where investment opportunities may present themselves based on current market trends.

Episode Highlights:   ·   Alex and Aaron’s background and roles with Linwood ·   What Linwood does ·   Their biggest project to date ·   Trends they are seeing lately ·   The current status of the recreational market ·   Customization available with their homes ·   The process involved and how it’s different from a regular builder ·   Budget ranges ·   The Bluffs Bay project ·   Some words of wisdom   Quotes:    “We exist to simplify construction.”   “I’ve really been involved with it since birth.”   “Ontario’s actually our biggest market.”   “We’re a fully integrated solution in Ontario.”   “The total cost of actually building is now less and less compared to the market values, particularly in Ontario.”   “The houses are gorgeous.”    “It’s legit turnkey.”   “We act as the architect.”   “You’re actually the main builder for the Princess Margaret Lottery which is super exciting.”   “Even for real estate investors it’s brilliant.”   “It’s everything in one.”   “I think the key thing is to design the home around making a profit.”     Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/      Linwood Homes:

Website: www.linwoodhomes.com Instagram: @linwoodcustomhomes Facebook: www.facebook.com/linwood.homes

Bluffs Bay Website: www.bluffsbay.ca

This week, Carmen and Jordan welcome investor, Carina Guzman, to the podcast to discuss her niche investment strategy when it comes to land development. Carina focuses on investing near Light Rail Transit (LRT) routes and in areas with significant levels of planned transit service (known as Mobility Hubs). Listen to the full episode to learn the many benefits of investing near mobility hubs, along with the process on how to begin your journey into land development.   Episode Highlights:

·   Carina’s background and her entry into real estate ·   Her obsession with zoning and urban planning ·   Carina’s strategy ·   Her profit margins ·   A step-by-step walkthrough of her process ·   A case study of one of her properties ·   Carina’s advice to others who want to follow in her footsteps   Quotes:    “I just learned everything I could.”   “We enter and exit a project in a quicker time frame.”   “Construction does carry its own set of risks to it.”   “We figure out the highest and best use of that property.”   “My favourite ones are the ones that have a house or a duplex or some kind of property on it…I can buy the property and I can tenant it.”   “All of our properties are carrying themselves.”   “The due diligence process is a very, very long process.”   “I love the creativity of it.”   “Just buy a piece of land that is closest to the LRT or the transit station.”   “Start small.”    Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/

In this extremely important episode, Carmen and Jordan meet with the Deputy Chief Economist of CIBC World Markets, Benjamin Tal. Well known for his groundbreaking published research on topics such as labour market dynamics, real estate, credit markets, international trade, and business economic conditions, today Benjamin shares with listeners the current economic outlook of Canada in these highly unprecedented times. He also shares his valued take on the real estate market in 2021 and beyond, and sheds light on where some real estate investment opportunities may present themselves in the current climate. Benjamin Tal is truly an expert in his field with a wealth of information and advice to share – this is one episode you cannot afford to miss.

Episode Highlights:

·   Benjamin’s perspective on the economy in 2021 ·   The impact of the crisis on the real estate market ·   His thoughts on the short and long term for the economy and real estate ·   The 2 different real estate markets ·   The impact on builders and developers ·   Bringing the equilibrium back to normal ·   The most advantageous real estate investments now ·   The office building market ·   His thoughts on inflation in the future ·   His advice for listeners   Quotes:    “We are going through the ‘mother of all recessions’.”   “This was the most real estate friendly recession ever.”   “All the jobs that were lost during this crisis were lost among low wage occupations – most of them are renters.”   “There is 1/3 of the economy still stuck in this ‘L-shape’ recovery.”   “You will see the Bank of Canada not touching interest rates until 2023.”   “There is more activity in the more expensive, larger segment of the market.”   “Every crisis is a trend accelerator.”   “This means that the condo space will start softening very, very soon…I’m seeing clearly a market that is going to adjust.”   “I think that we will see a very strong recovery in the economy in the second half of 2021 into 2022.”   “We tend to exaggerate things when we are in a situation, and we are in a situation now.”   “The rental market has been on fire until the crisis started, so it’s going down to normal levels.”   “The concept of rush hour seems so primitive now.”   “I’m not losing sleep over inflation any time soon.”   “Let’s view the situation from a long term perspective and see what makes sense and what doesn’t.”   Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/

For the first episode of Season 4, Carmen and Jordan welcome guest, Ryan Carr, to the show to discuss how to determine the highest and best use of a property. This strategy helps investors determine the most reasonably probable and legal use of a property which results in the highest value of that property. Ryan shares some of the key factors he uses to evaluate highest and best use that considers the land itself, the structure of the real estate asset, and unique investor skill sets. Listen in today and learn how to maximize your return on your investment!

Episode Highlights:

·   Ryan’s real estate investing career and how it started ·   Qualifying for loans ·   His definition of ‘highest and best use’, its 3 metrics, and how Ryan learned about it ·   Wholesaling ·   How Ryan’s strategies can help listeners find opportunities ·   A case study of one of Ryan’s properties ·   The vertical split ·   The Napkin Formula ·   Ryan’s recommendations for current and potential investors ·   The Highest and Best Use Playbook   Quotes:    “What can I do with a number of these different avenues…and how can we get the best result from that?”   “I always recommend to work with pro’s, but this I learned by way of osmosis, just generally taking an interest in what I was doing.”   “Every deal I look at has these 3 elements.”   “If I understand these metrics and I understand where to find the opportunity, you can cherry pick the stuff that you want.”   “It’s really determining what the best potential of a property is so that investors can yield the best return on their investments.”   “I might as well make it unique.”   “There’s more deals that aren’t deals than deals.”   “It’s fun!”   “Keep your job until it costs you to do otherwise.”   “Start with the end in mind.”   Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/   'The Highest and Best Use Playbook' Homepage: https://www.thehighestandbestuse.com/waitlist 

For the Season 3 Finale, Carmen and Jordan welcome guest host Andrew Hines, real estate investor, builder, and podcast host, to turn the tables and interview them about their recent restoration of a heritage building. Their conversation details how real estate investors can generate demand for their investment properties by creating a unique and desirable product that stands out from the competition. Carmen and Jordan also talk about the importance of marketing and branding rental properties, and how this translates into increased rental income and higher property valuations, all while exploring the case study of their magnificent “Oscar on Bold”. You don’t want to miss out on this property, or this episode!

Episode Highlights:

·   Finding the property ·   The requirements involved in working with a heritage property ·   How to recognize a deal ·   The funding for the project ·   The work done on the building ·   Details about the building and the individual units ·   Getting top market rents ·   Creating buzz and demand ·   Private financing

Quotes:    “It’s one of the oldest buildings in Hamilton.”   “It was very intimidating to other people.”   “There is definitely a buzz coming to that location.”   “The hallways are absolutely outstanding.”   “The shell is basically from 1900.”   “The ideal location, absolutely.”   “When we talk about getting higher rents, it’s the whole image and feel of the entire building.”   “I picked everything in this building…it’s a feeling you create.”   “It’s going to be the talk of the town.”   “This is one we’re going to hold onto.”   “It really has that Art Deco feel.”   “Making it like a home.”   Links:   30 Minutes to Wealth homepage: https://www.30minutestowealth.com/   To Learn more about The Oscar on Bold: https://theoscaronbold.com/   Andrew Hines: Instagram: @TheAndrewHines The Andrew Hines Real Estate Investing Podcast: https://www.youtube.com/channel/UCYGI…

Carmen and Jordan are so excited to be joined by the legendary GT Singh and learn about her 40+ years of experience investing in real estate. In this episode, GT shares her wisdom and knowledge from active investing, purchasing and holding rental properties, to passive investing in mortgage investments. She also explains how she has utilized the earnings from her investments to create her own charitable foundation which provides scholarships for young women to attend college in India. GT is a true inspiration to our hosts, and will undoubtedly be for you as well as you listen in today!

Episode Highlights:

·   GT’s story ·   Her first property ·   Interest rates ·   Her perspective on investment properties ·   Equity Builders ·   Passive investments ·   A case study of one of GT’s investments ·   Using equity ·   The charity that GT has created ·   Her advice to potential real estate investors   Quotes:    “I think we’re just on this trajectory where we’re going to continue to see that growth.”   “Your life has basically been your career in real estate.”   “I’m not lucky – you have to take the first step.”   “This is cheap money!”   “The tenant is making you rich.”   “Your theory was 100% accurate.”   “This is the way to go.”   “You can actually earn interest while you’re sleeping.”   “Until the philosophy changes, you don’t change.”   “Every cent that comes into the charity is only for these girls.”   “I love giving back.”   “Call these lovely ladies, and get involved, and figure out how they are going to make you money to go enjoy better things in life.”   Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/   Learn more about GT’s charity: http://www.beantagya.com/