Guide 2 the Grind

One of the biggest challenges I’ve seen real estate investors face over the years is being by themselves, and not knowing where to turn when challenges arise in their business. 

From marketing, buying, selling, negotiation, each part of the business has its own nuances, and requires experience to truly “sharpen the axe”, so to speak. 

Today on the “Investment Property Income” podcast, our guest, Mark Stubler, talks about his Joe Homebuyer Franchise system. A system that he and his team have created to give real estate entrepreneurs a turn key, systematized approach to real estate investing. 

Mark and the Joe Homebuyer team help real estate investors overcome their challenges with constant coaching, consulting, and a step by step plan that not only tells you how to deal with those challenges, but gives you a heads up before they even happen. It’s like having a crystal ball into the future of your real estate business. You’re not going to want to miss this episode. 

Check it out here. 

www.guidetothegrind.com

Well, it’s that time of year again… the “Bubble List” came out, and Toronto made the number two spot. Is it time to ring the alarm bells?

Not likely.  

Toronto has made this list a whole bunch of times. For well over a decade now the “bubble” has been set to burst. And yet, somehow, it never does.  

But why?  

Today on the “Investment Property Income” podcast, we’re talking about ALL of the factors that have kept the Toronto market propped up, and more importantly, what’s going to keep it there for a long time to come yet.  

www.guidetothegrind.com

I remember the first time I heard the term “residual Income”. Not only did I have no idea what it meant, I also didn’t think it was possible unless, by some miracle, I recorded a hit song, or wrote the next great novel.  

Boy was I wrong.  

Imagine knowing that all of your bills are taken care of every month, whether you go to work or not. Never having to stress if you have enough money. How much of your time do you spend thinking about that stuff right now?  

Better yet, what would you spend your time thinking about if you never had to worry about your income again?  

Today we welcome back Brent Bowers on the “Investment Property Income” podcast. Brent isn’t just talking about residual income, but walks us step by step through the process he used to create a truly passive income in real estate.  

What I love most about this conversation with Brent is the way he looked at his income as he was building his real estate empire. It’s not pie in the sky. It’s a systematic approach… one bill at a time.  

You’re definitely going to want to learn how Brent engineered his lifestyle.  

www.guidetothegrind.com

Whenever we have a guest on the show, I love to ask them about how they got started. Inevitably the subject of fear comes up.

Today’s guest has a whole different take on fear. 

Brent Bowers served in the Armed Forces as a first Lieutenant and fought on the front lines overseas.  

First of all, I have the utmost respect for the folks that serve in the military. 

Second, when Geoff asked Brent which was scarier, being shot at by an enemy, or changing his career and starting a business, I was shocked by his answer. 

It was starting a business. 

You see, when he was in combat, he had his team with him. They were looking out for each other, and they could rely on one another. But in business, he was out there all alone. No one was there to keep him safe. 

It was freakin scary. 

On today’s episode of the “Investment Property Income” podcast, Raw Land investor, Brent Bowers shares his experiences transitioning from the military into real estate investing. Brent talks about his fears, how he overcame them, and most importantly… why he was driven to do so. This may be our best interview yet. 

www.guidetothegrind.com

Investors and homeowners got a new choice in the market this week. 

Well… sorta.

TD announced this week that they’ll be offering their “HELOC” product through the broker channel. 

I know, I know, exciting right? (insert eye roll here)

But this is actually a big step for consumer choice. Not only is it another product available through mortgage brokers, but it signals a shift in the way the banks are looking at mortgage brokers. 

For years it felt like borrowers had to walk, hat in hand, into the bank and ask  on bended knee, to be deem worthy of a mortgage loan. 

But those days are far behind us. 

Of the nearly $400 billion of mortgage loans originated in Canada yearly, mortgage brokers account for nearly half of that. 

So why does this matter?

Simple, more choice for consumers. 

But more choice isn’t always a good thing. 

There were studies done a few years ago that too much choice causes people to freeze in “analysis paralysis”. In other words, confused people do nothing. Instead of trying to figure out the multitude of choices themselves, consumers are increasingly choosing to go through brokers who understand which products fit their lives the best. 

Imagine trying to figure out every product, from every lender, before you even apply for a mortgage, or do a credit check. I’d be willing to bet some people would never buy a home. 

But you, the people have spoken. Much like seeing your family doctor before visiting a specialist, mortgage brokers understand your situation and send you to the right place to get your challenge solved.

...and the banks are starting to listen. 

Today on the “Investment Property Income” podcast, we’re talking about TD’s new product roll out, and the shift that’s taking place in the market. As always, we started out talking about one thing, and Geoff took us way off in interesting and unexpected territories with his questions. 

www.guidetothegrind.com

If you’ve ever renoed, or built a home from the ground up, you know that one of the biggest variables is getting permits and approvals. 

Though the government bureaucracy can take the personal feel out of the process, at the end of the day, you’re still dealing with people. And in most cases, it’s people who want what’s best for the community they’re working in. 

Adam Gilbert understands this better than most. By making sure that his projects are not only an aesthetically pleasing addition to the community, but also built with the community in mind. This helps with the neighbours, as well as the approval process. Because the people in the community were top of mind right from the beginning of the project, there’s less, or no resistance. 

Understanding the people the factor is paramount when approaching any project that needs council, and more importantly, public approval.

Today on the “Investment Property Income” podcast, Adam is sharing his secrets for value-add strategies, and how he ensures that the projects get the approvals needed. His was of thinking just makes so much sense. 

www.guidetothegrind.com

You know, I’ve met a lot of very successful people over the years, and the number one thing that they all attribute their success to is mindset. 

Specifically… seeing things the right way.

This isn’t so simple as “the glass half full” kind of thinking. It’s far more powerful than that. It’s the ability to see the glass and the water as separate resources. Being creative enough to find different uses for both resources. And most importantly, not letting your emotions cloud your judgement. 

I’ll give you an example. One of my mentors used to own a radio station back in the 80’s. The radio station was called “The Rock”, because with a name like that, they obviously played rock music. But they also named it that for another reason. 

The station was in a regular residential style house, except for one thing, there was a giant boulder in the front yard. 

They were trying to figure out how to get rid of it. It was too big to lift by crane, and they couldn’t blast it in the middle of the neighbourhood. They needed another solution. My mentor came up with a brilliant idea. 

They ran a charity campaign over the radio, to “Own a Piece of The Rock”. 

Their listeners could come down to the station, pay whatever donation they could afford, and they would get a hammer, chisel, safety glasses, and a certificate of authenticity. 

Two weeks later, the boulder was gone, and they had raised several thousand dollars for charity. 

Mindset isn’t about negative and positive, it’s about seeing things differently. At first it’s an art to be able to see things this way. But the more you do it, the more it becomes a honed skill. 

Today’s guest is the very embodiment of this ethos. Adam Gilbert began his career as an attorney in the Indio Valley of California. He soon realized the potential that vacation rentals possessed, and pivoted into real estate. Now he’s primarily commercial real estate, and runs his team at the Firm Commercial. 

We had a great time chatting with Adam on the “Investment Property Income” podcast, and we know you’re going to get a lot out of the way he sees the world. 

www.guidetothegrind.com

Wow, we’ve certainly had a lot happen in the last week or so!

Of course, the federal election was the major news topic, but there was so much more that didn’t make the headlines. So called “disruptor banks” are starting to make their mark on the Canadian lending scene. New tax proposals, lower interest rates, the Bank of Canada clawing back its bond buying, the price of lumber dropping, and the lack of housing supply has a lot of folk's heads spinning. 

But what does it all mean?

In short, think long.

No matter what’s happening in the market, if you're thinking long term, the ups and downs of the market, the supply and the demand, doesn’t really affect you. 

Here’s why…

The long term trend in real estate, since the dawn of time (or at least since folks began tracking the numbers), has always been up. If your time horizon is long enough, you’ll experience a gain in equity, higher rents, and mortgage pay down, regardless of what's happening short term.

That’s why real estate has always been such a great investment, and created so many millionaires. No matter what, it’s still backed by a physical asset (real property).

Today on the “Investment Property Income” podcast, we take a look at everything that’s going on in the market, and offer some strategies to make sure your investments are secure.... long term.

www.guidetothegrind.com

Have you ever had a moment in your life that you had to take a leap of faith?  

You know, one of those moments that if you don’t take it, you’ll always wonder what could have been?  

I do my best to live my life by the credo, “It’s better to regret something you’ve done, than something you haven’t”. Today’s guest is the very embodiment of that.  

On this episode of the “Investment Property Income” podcast, we welcome back Edna Keep. We had such a great time learning about Edna’s journey from being a single mom at 16, living in subsidized housing, to owning more than $75,000,000 worth of real estate.  

Edna used the exact same strategy that the Investment Property Income system is based on. Using what you already have to create the life you truly desire.

Learn how she made the initial leap of faith, and hasn’t looked back since.

You don’t want to miss this episode.  

www.guidetothegrind.com

I’m sure you’ve heard the old adage of the glass being half full vs. half empty. What’s the real meaning of that cliche though?

In a word… Mindset.

In business, and life, the major determining factor in success is mindset. That’s why two people can look at the same situation, and one sees it as a loss, while the other sees it as opportunity. 

I know there have been a million moments in my career that looking at events through the right lens created an outcome that could have been disastrous if I’d looked at it the wrong way. 

Don’t get me wrong, I’m not saying that life is all rainbows and unicorns, I’m not naive. Bad things happen all the time to good people. But folks that possess the right mindset before that stuff happens, tend to recover faster, get better outcomes, and are generally happier. 

Today’s guest is no exception. Edna Keep went from being a single mom at 16, living in subsidized housing, to owning a real estate portfolio worth more than $75 million dollars. It wasn’t an easy road, but a journey she is eternally grateful for.

Listen to how mindset shaped her experience throughout her journey, and more importantly kept her on track, even in the tough times, on today’s episode of the “Investment Property Income” podcast. 

We had a great time talking with Edna, and know you’ll love her too. 

www.guidetothegrind.com