The REITE Club - Real Estate Investing for Canadians

The REITE Club - Real Estate Investing for Canadians

By Daniel St. Jean, Laurel Simmons, Sarah Larbi and Alfonso SalemiBusinessEntrepreneurshipInvesting
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The REITE Club - Real Estate Investing for Canadians episodes

  • Early Mistakes Can Lead To Great Success In The Future

    Guest: Austin Yeh, Real Estate Investor

    Austin was very candid about his rapid growth and early mistakes. What matters here is that he learned a great deal from taking on too much and not having the right systems in place. Austin discussed how having a power team and the right systems can make a world of difference in your real estate investing. He shared some great tips on how to acquire off-market properties, look for money partners, how to do JVs the right way and so much more!

    Listen to the full episode at https://www.thereiteclub.com/podcast

    In this episode you will learn about:

    • Early mistakes during the rapid growth phase
    • Quit his 9 to 5 
    • Started with only 40k in Windsor, Ontario
    • The importance of ARVs
    • JVs for success
    • Private money – private lenders
    • Toronto Life article that changed his life
    • Not over-leveraging!
    • Get in touch with Austin:
      Website:  https://linktr.ee/austinyeh6
      Email: 
      [email protected]

      This episode has been brought to you in part by
      Building Stack – https://www.buildingstack.com/
      Elevation Realty – http://www.elevationrealty.ca/
      BM Select – https://bmselect.ca/

      50 min
    • Real Estate Investing Can Sometimes Be Like IKEA Furniture…

      Guest: Cam Rowland, Real Estate Investor & Coach

      Cam was held back by fear. He feared what others would think, what if he lost money? Taking action turned everything around. He found some investor partners, hired a coach and the rest is history. Cam is passionate about helping people acquire a home through his rent-to-own contracts. He’s also very involved in CAROP. In this interview, he also explores the fact that you need a solid power team to grow your real estate portfolio. He also mentions that this model can work in pretty much any setting.

      Listen to the full episode at https://www.thereiteclub.com/podcast

      In this episode you will learn about:

      • Started in 2006 after reading Rich Dad, Poor Dad
      • Waited 6 years to take action
      • Has done flips, BRRRRs, land development
      • Now a coach
      • Focusing on rent to own 
      • The BRRRRito – BRRRR + Rent-to-own
      • Sandwich leases
      • Get in touch with Cam:
        Website:https://www.creativeinvestor.ca/
        Email:
        [email protected]

        This episode has been brought to you in part by
        Black Jack Contracting – https://blackjackcontractinginc.ca/
        Elevation Realty – http://www.elevationrealty.ca/
        BM Select – https://bmselect.ca/

        42 min
      • It’s Never Over If You Don’t Give Up – Investment Strategies For Hard Times

        Guest: Natasha Phipps, Realtor & Real Estate Investor

        Calgary’s economy is diversifying after years of ups and downs. And, it’s now a seller’s market in some areas. Natasha has been a realtor for over 12 years and her focus is now on out-of-province investors that are looking for turn-key, cash-flowing properties. She recommends investors keep a close eye on market variations as they can greatly impact their bottom line. The best opportunities in Calgary right now are “Buy and hold” suited homes in the suburbs. Condos and downtown apartments are not doing so well due to an oversupply. Natasha loves her job as she believes in long-term relationships that have a tangible impact on people’s lives. She also shared some amazing tips and tricks of the trade.

        Listen to the full episode at https://www.thereiteclub.com/podcast

        In this episode you will learn about:

        • The Calgary, AB market
        • Turmoil can be an opportunity
        • How to build your power team
        • Be part of the solution when there is a problem
        • Find a community of investors as there are many naysayers out there… 
        • Out-of-province investors are now about 75% of Natasha’s clients
        • New home construction warranties vary by province
        • Get in touch with Natasha:
          Website: https://phippsgroup.ca/
          Email:
          [email protected]

          Listen to the full episode at https://www.thereiteclub.com/podcast

          This episode has been brought to you in part by
          Private Buyers – https://privatebuyers.ca/
          REI Branded www.reibranded.com
          BM Select – https://bmselect.ca/

          48 min
        • C.A.R.E. & Maximizing Income From One Property

          Guest: Michael Arthur, Realtor & Real Estate Investor

          Michael is a realtor from Ottawa, Ontario. He shared his story on how he wanted to build multiple streams of income. His suggestions for investors are: Invest where the jobs are and where transit is located. Have a monthly cash flow goal when analyzing properties. Get a mentor, a coach, join a club or group. His focus is on Buy & Hold and a few BRRRR’s. He strongly believes in creating multiple income sources from one property: technology packages, parking fees, storage fees, etc.

          Listen to the full episode at https://www.thereiteclub.com/podcast

          In this episode you will learn about:

          • C.A.R.E – Customer service, analysis, relationships & education
          • His 1st house – added a basement suite
          • Know your zoning and bylaws
          • Budgeting and contingency for success
          • Rich Dad, Poor Dad’s influence
          • The Ottawa market & opportunities
          • Listen to the full episode at https://www.thereiteclub.com/podcast

            Get in touch with Michael:
            Website: https://www.miketheagent.ca/
            Email:
            [email protected]

            This episode has been brought to you in part by
            Black Jack Contracting – https://blackjackcontractinginc.ca/
            Elevation Realty – http://www.elevationrealty.ca/
            BM Select – https://bmselect.ca/

            44 min
          • Freedom Through Passive Income: Start With The End In Mind

            Guest: James Burchill, Bestselling Author & Coursepreneur.

            People want the solution, the magic pill… How can you distill from pain points to a solution? How about teaching to adults? James shares his many years of experience creating his “Coursepreneur” approach. Find a problem that someone wants to solve and record your solution to create a source of passive income. James loves to choose and the freedom afforded by passive income. Tune in to find out how YOU can start earning some passive $$.

            Listen to the full episode at https://www.thereiteclub.com/podcast

            In this episode you will learn about:

            • Getting paid royalties
            • Started out creating software at age 12
            • Became a writer
            • Was working on the revolutionary concept of online learning, many years ago
            • Make space in your life to become creative
            • Created a program called “How to Survive & Thrive Without a Job”
            • Teaching to adults is very different
            • Online teaching with no feedback is very different, how to do it?
            • Get in touch with James:
              Website: http://jamesburchill.com/
              Email:
              [email protected]
              This episode has been brought to you in part by
              Private Money 4 Mortgages – http://privatemoney4mortgages.com/

              Private Buyers – https://privatebuyers.ca/

              BM Select – https://bmselect.ca/

              50 min
            • How To Raise Millions In Capital & Grow Your Portfolio

              Guest: Marcin Drozdz, Real Estate Investor & Coach

              SPECIAL REITE CLUB OFFER: Marcin is extending a special invitation to REITE Club members and listeners to attend a full day of training with him and fellow experts that have raised millions of dollars to create solid deals.

              How to Raise Capital for Real Estate – 1 Day Event – Don’t miss out! Join us on May 15th for an incredible day…Link in bio or copy and paste https://www.marcindrozdz.com/1-day-how-to-raise-capital-event
              Use REITECLUB as your $50 off coupon code to reserve your spot at only $47 USD.

              Sarah and François interviewed Marcin to find out how he was able to raise over 250 million dollars to help fund his massive deals! Marcin shared some pro tips on how to present deals and approaching investors. He shared his story starting in his early 20s with a small deal and then quickly moving to plazas, retirement homes, and large multi-family properties.   

              Listen to the full episode at https://www.thereiteclub.com/podcast

              In this episode you will learn about:

              • How to raise millions of dollars is very similar to getting that first 5k loan
              • Cash flow is king, even on large deals
              • You CAN BRRRR large multi-family properties
              • The opportunities vary greatly depending on the market
              • How to overcome shyness and become wildly successful
              • The importance of relationships in REI
              • Get in touch with Marcin:
                Website:  www.marcindrozdz.com
                Phone: 403.614.9644
                Email:[email protected]

                40 min
              • Incorporation 101: When & How to Incorporate

                Guest: Ryan Carson, Lawyer & Founder of Carson Law

                Real estate investors always ask, when should I incorporate? What needs to be included in a corporation? How can I get the advice I need to set myself up for success? In this episode, you will learn the ins and outs of incorporating for a successful real estate business. Ryan also discusses family trusts and other company setups. Make sure you treat your real estate investing as a business and plan accordingly.

                Listen to the full episode at https://www.thereiteclub.com/podcast

                In this episode you will learn about:

                • The importance of having a power team when incorporating
                • 10+ units vs. single-family, may need a new power team
                • Tax planning for efficiency
                • The major advantages of corporations
                • How to set up your corporation
                • Family trusts
                • Shareholders vs. Officers vs. Directors
                • Get in touch with Ryan:
                  Website: https://www.carsonlaw.ca/
                  Phone: 905-336-8940
                  Email:[email protected]

                  This episode has been brought to you in part by
                  Black Jack Contracting – https://blackjackcontractinginc.ca/

                  Elevation Realty – http://www.elevationrealty.ca/

                  BM Select – https://bmselect.ca/

                  50 min
                • Having the Right Team Saved the Deal

                  Guest: Erik Doyle, Realtor & Real Estate Investor

                  Erik started with a flip he bought from a wholesaler. Unfortunately, he found out it was flea-infested and that it would take 3-4 months to clean-up the property. He learned how carrying costs and hard money is expensive. However, thanks to his network and his power team he found that hard money can help you scale and if well managed can help you grow quickly.  His biggest tip is “consistent effort is required for sustained growth.” Sales skills are also essential to become a realtor or real estate investor.

                  Listen to the full episode at https://www.thereiteclub.com/podcast

                  In this episode you will learn about:

                  • Used to work at a full-time job dreaming of F.I.R.E.
                  • Now an investor-focused Realtor
                  • Stefan Aarnio’s influence
                  • Started 2 years ago and is now very successful
                  • The pitfalls of buying for a flip
                  • The importance of your network
                  • Hard money for flips
                  • Get in touch with Erik:
                    Website: www.elevationrealty.ca
                    Email:[email protected]

                    This episode has been brought to you in part by
                    REI Branded – https://reibranded.com/podcast/

                    Private Buyers – https://privatebuyers.ca/

                    BM Select – https://www.bmselect.ca/

                    33 min
                  • Delayed Gratification For Success

                    Guest: Robby Clark, Entrepreneur & Real Estate Builder

                    Resilience is of utmost importance to Robby’s success. He’s had major success and then lost everything but that’s when he grew the most. He invests in Northern Ontario and other flat markets where you can force appreciation & drive value. Robby also explained the importance of delegating to the right team. Don’t do everything yourself! Manage people and find where you add the most value.

                    Listen to the full episode at https://www.thereiteclub.com/podcast

                    In this episode you will learn about:

                    • Robby owns several companies
                    • The importance of having systems
                    • 4-6 hours of reading per day
                    • Adapting for success
                    • Start small & grow smart
                    • Best work comes from challenging situations
                    • Accountability to stay motivated
                    • Cost per square foot to analyze deals
                    • Get in touch with Robby:
                      Website:www.siddevelopments.ca
                      Email:
                      [email protected]

                      This episode has been brought to you in part by
                      Black Jack Contracting – https://blackjackcontractinginc.ca/

                      JAAG Properties – https://jaagproperties.com/

                      BM Select – https://bmselect.ca/

                      51 min
                    • Macroeconomic Outlook & Regional Analysis for Real Estate Investors- Part 2 Q&A

                      Guest: Robert Hogue, Senior Economist RBC

                      Listen to the full episode at https://www.thereiteclub.com/podcast

                      In this episode, Laurel was able to ask questions gathered from the REITE Club community about what the economy could look like in the next few months and years. As benchmark prices have risen for housing, the fear of missing out has grown even more causing an overheated market. Policies could be put in place by the government in the coming months to calm things down. RBC isn’t predicting a market crash but rather a possibly soft or harder landing with prices stabilizing. Canada had been sustaining a 30% growth in population and supply was way too low to meet demand.

                      Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 2 of 2 – the 1st part of this interview was an overview of the current market macroeconomic situation.

                      Listen to both episodes at https://www.thereiteclub.com/podcast

                      In the Part 2 episode you will learn about:

                      • RBC is concerned about the market
                      • The fear of missing out is fueling the madness
                      • 40% downpayment for investment properties could be considered
                      • Canada could crackdown on investors to cool the market
                      • Savings went to housing & the stock market
                      • The roaring 20s – 2021’s version could lead to massive inflation
                      • Find out more about Robert’s work:
                        Resources:  http://www.rbc.com/economics/
                        https://thoughtleadership.rbc.com/

                        Listen to the full episode at https://www.thereiteclub.com/podcastThis episode has been brought to you in part by
                        White Elm Design Build – https://www.whiteelmdesignbuild.com/

                        29 min

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