Mortgage Market Update From Canada's Top Broker - Dave Butler

Canada’s #1 rated mortgage broker from 2017 - 2021, frequent radio guest Dave Butler from Better Mortgage Select joins me in studio. Dave’s companies have handled over 26,000 mortgage loans and $9.6 Billion involved, so he’s qualified to talk about the many new changes coming to mortgage rule changes; the new mortgage changes in January 2025, and a recent market update, including rates and amortization periods, and MUCH more! This is part 1 of a 2 part hour-long conversation with Dave. 

Contact:

Web: http://DaveButler.ca 

This episode proudly sponsored by Mayfair Law Group.

Are you a landlord or tenant in need of legal assistance? Mayfair Law Group has got you covered! Our experienced team specializes in Landlord and Tenant Board services, providing expert guidance and representation for all your Landlord or Tenant legal needs. Contact us today at 416-546-1581 and let us help you navigate the complexities of landlord and tenant law.

Other Links:

WATCH the podcast! https://www.youtube.com/@gary.hibbert

Bank on Yourself: How Infinite Banking Is Changing Wealth In Canada - Darren Mitchell

Darren Mitchell, entrepreneur, real estate investor, financial educator and founder of Control & Compound Financial joins me in studio to discuss his 20 years of experience helping investors and business owners explore the possibilities and potential of Infinite Banking. Traditional financial advice sometimes favours the institutions so Darren switched his focus on wealth building that actually works, both from a capital standpoint as well as tax advantages. Through his book, podcast and seminars Darren teaches the secrets that the wealthy use to reach their goals so much faster, and MUCH more!

Contact:

Web: http://controlandcompound.com 

Other Links:

WATCH the podcast! https://www.youtube.com/@gary.hibbert

Advocating For a Fair Rental Market For Small Landlords w/Kevin Costain EP 274

Kevin Costain from SOLO (Small Ownership Landlords of Ontario) joins me on today’s podcast to discuss all the challenges small landlords face with rent control, LTB issues and MORE. Kevin has a background in technology, is a small landlord, a small business owner for 20 years and currently sits on the board of SOLO but will be chairman in 2025. SOLO educates and assists small landlords navigate all the unique challenges that being an investor bring, and also helps new Canadian investors with webinars, a busy Facebook presence and in person events. He dishes on his personal experience as a landlord; what is the current wait time at the LTB; are big changes coming to the LTB process; are in person hearings coming back; and a review of headlines that have affected small landlords, and MUCH more!

Contact:

Web: http://solo.ca 

Other Links:

Real Estate Investment Club visit https://www.smarthomechoice.ca 

Scaling A Portfolio Through Strategic Renovation & Refinance w/Cory Matthews EP 273

Cory Matthews joins me today in studio. He’s a realtor and investor in the Niagara region, and he focuses on finding deals, fixing them up using a very conservative strategy; why he started his real estate journey; the DIY strategy vs. Subbing out the work; working with his partner, and how he divides the work up; what type of interest rate he goes with exclusively; what LTV he prefers not to go higher than; a market update; and MUCH more!

Contact:

Insta: corymatthewsrealtor

This episode proudly sponsored by Mayfair Law Group.

Are you a landlord or tenant in need of legal assistance? Mayfair Law Group has got you covered! Our experienced team specializes in Landlord and Tenant Board services, providing expert guidance and representation for all your Landlord or Tenant legal needs. Contact us today at 416-546-1581 and let us help you navigate the complexities of landlord and tenant law.

Other Links:

WATCH the podcast! https://www.youtube.com/@gary.hibbert

The Real Truth About The Impact Of High Interest Rates w/Leo & Jacqueline Francis EP 272

Leo & Jacqueline Francis are the owners of Francis Five Properties. Jacqueline is a certified self image coach, helping others escape limiting beliefs, and Leo has a dump truck company. They started these before becoming investors, and we chat about transitioning to their real estate journey from 9-5; the stress of holding properties as the interest rates climbed; how they leveraged private money for deals; the unique challenge of working with your spouse; how they are repositioning their businesses for the future; and details on an upcoming Kawarthas couples dream retreat, sharing information about how to work with your spouse and many other topics; and MUCH more!

Contact:

Insta: francisfiveproperties

Insta: iecjacqueline

FB: LGFrancis

This episode proudly sponsored by McMurter & Associates. 

They are a real estate and estate law firm who can be your partner for every major legal event in your life. If you're planning an estate, selling or buying real estate, they can help with over 30 years of experience. Their objective is to prevent you from worrying about the legal aspect of your transactions. From the first meeting, McMurter will provide you with straightforward legal advice, and no surprises, including a legal bill you didn't expect. 

Find them at: https://www.mcmurter.com

Other Links:

WATCH the podcast! https://www.youtube.com/@gary.hibbert

Financial Management For Real Estate Investors w/Stefanie Beharry EP 271

Stefanie Beharry, a seasoned RE investor who also has a strong background in corporate finance joins Quinton Cordick and I in studio to talk all things finance, self employment, and managing your own finances. Having kids made her want self employment for the scalability, the time freedom and never retiring from a ‘job’ she loved. How did she make the transition; What is a fractional CFO; How to manage your finances as a RE investor; The continuous mistakes she sees investors making in today’s market; The main pain point for investors managing their own finances - Should you sell, how she can help you run the numbers to potentially increase cash flow and potentially lower expenses, and MUCH more!

Contact: https://reifinance.ca  

This episode proudly sponsored by Rent Panda. 

Rent Panda helps landlords go from listing to lease without wasted time or headaches along the way. Rent Panda provides the do it yourself landlord an online platform where you can list your property absolutely free. If you want to you can post your ad on multiple platforms, see tenant profiles, message tenants, schedule showings, get credit checks and build leases quickly and easily.

Rent Panda also caters to the more passive landlord who needs to find a tenant. doing all of the leasing work, so all you have to do is sit back, relax, and get the best tenants presented to you.

Find them at: https://www.rentpanda.ca 

Other Links:

Real Estate Investment Club visit https://www.smarthomechoice.ca 

Are Tax Changes Crushing Small Business & RE Investors w/Fabio Campanella #270

Fabio Campanella from the Campanella Group, my personal accountant since Day 1 of my investment journey is back on the show to talk about tax changes made by the Liberal government, that have had a significant effect on not only for small businesses, but the middle class; we dive deep into the capital gains tax, and what exactly is being taxed - small businesses, real estate, stocks, etc; the difference between personal and corporate taxation; the difference between your primary residence and your secondary residence such as a cottage; the UHT - Underused Housing Tax; why estate planning and life insurance are more important than ever; and MORE!

And I share a tip to improve your own earning power!

Contact:

Web: https://campanellagroup.com/about/

Insta: https://www.instagram.com/fab.campanella/

his episode proudly sponsored by Deep Pockets - https://deep-pockets.ca 

If you're looking to borrow or invest funds, Deep Pockets should be at the top of your list.  It is a preferred choice for secure lending, and as a borrower you have the option of flexible terms and repayment plans, as Deep Pockets has flexible credit criteria and income approvals.

As an investor, YOU GET TO BE THE BANK, using your cash, your RRSPs, LIRAs or even TFSAs. Earn maximum returns with NO out of pocket expenses.

To find out more, visit the website or email [email protected]

Other Links:

Gary's mentorship program visit https://garyhibbert.ca  

The Microcosm of the Mind w/Gail Sauer #269

Gail Sauer, naturopathic doctor, founder and director of Silver Spruce Naturopathic and lifelong learner joins me to probe the mind - the effects of the pandemic; what social media is doing temporarily and permanently to our minds, with infinite scrolling and comparing ourselves to others; anxiety, depression - their differences and some of the causes, and some of the solutions by changing your mindset to be able to successfully process information without comparing ourselves to others; and MORE!

Contact: https://silverspruce.ca

This episode proudly sponsored by Better Mortgage Select - https://bmselect.ca 

Better Mortgages Select

Are you looking to create generational wealth and get one step closer to financial freedom? If the answer is YES, then Better Mortgage Select is the brokerage for you.  Better Mortgage Select has helped more real estate investors achieve financial freedom than any other mortgage brokerage in Canada.  They are expert financial planning consultants that allow investors to grow their portfolio and have a unique way of helping clients navigate through the different banks and lending options available. Contact them today for a free consultation and get started on what could be a life-changing journey. Don't just get a mortgage, get a BETTER MORTGAGE!"

email: [email protected]

Other Links:

Gary's mentorship program visit https://garyhibbert.ca  

Transforming A Single Family Home Into 4 units w/Victoria Suen & Michelle Miranda #268

Victoria is the founder of Build X Design, an architect studio specializing in densification, based in Toronto, and she purchased her first investment property at age 19; and Michelle who was looking to create generational wealth along with her husband, began investing during the pandemic, picking up 2 off-market properties, one in Peterborough and one in Toronto, which has almost been turned into a 4 unit home. We chat why Michelle decided to move into the Toronto market; what was it like working with the city; some of the mistakes they made as well as the timeline to complete this reno; and some of the final numbers, costs for the renovation as well as rents they are getting for the units; and MORE!

Contact:

Victoria: https://www.instagram.com/buildxlab or http://buildxdesign.ca 

Michelle: https://www.instagram.com/mydesigndiaries/

This episode proudly sponsored by Mayfair Law Group.

Are you a landlord or tenant in need of legal assistance? Mayfair Law Group has got you covered! Our experienced team specializes in Landlord and Tenant Board services, providing expert guidance and representation for all your Landlord or Tenant legal needs. Contact us today at 416-546-1581 and let us help you navigate the complexities of landlord and tenant law.

Other Links:

Gary's mentorship program visit https://garyhibbert.ca  

Tax Implications of Pre-Construction Assignment Sales w/Fabio Campanella #267

Fabio Campanella from the Campanella Group, Gary’s personal accountant since Day 1 of his investment journey is back on the show to talk about taxation on pre-construction condos. Is taxation different if you move in vs rent out your condo? What rebates are currently available; what is the anti-flipping law and why you should be aware of it; what is an assignment sale and do all condos allow this; why some investors interested in condos purchased multiple units but not planning to move in and flip a few are now stuck with below-market condos after the prices dropped, and how can you get out of that; and MORE!

Contact:

Web: https://campanellagroup.com/about/

Insta: https://www.instagram.com/fab.campanella/

This episode proudly sponsored by McMurter & Associates. 

They are a real estate and estate law firm who can be your partner for every major legal event in your life. If you're planning an estate, selling or buying real estate, they can help with over 30 years of experience. Their objective is to prevent you from worrying about the legal aspect of your transactions. From the first meeting, McMurter will provide you with straightforward legal advice, and no surprises, including a legal bill you didn't expect. 

Find them at: https://www.mcmurter.com

Other Links:

Real Estate Investment Club visit https://www.smarthomechoice.ca  

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