The REITE Club - Real Estate Investing for Canadians

Ken provides insights and advice on conversion projects, specifically converting mixed-use and commercial buildings into residential units. His main message is the trends right now are to have more units under one roof, look for bigger buildings that you can add more dwelling units since duplex conversions are going the way of single-family homes where they are not as profitable.

After getting started investing personally in 2010 Ken and his partners own and manage 50 rental units, spread across 22 properties consisting of student rentals, second suites, duplexes, triplexes, 4 plexes and a larger 12 unit building. His family also owns a self-storage facility and a shipping container storage business called The Moving Box.

Ken, now a full-time investor, manages the real estate portfolio and is responsible for new purchases and renovations.  He helps many other investors with their portfolios through rental property renovations and legal second suite conversions. Ken does permit drawings and also renovations for others as well through his construction company King Homes Inc. Ken is in the trenches daily working on and managing all types of conversion projects and has gained a number of cuts and bruises that he wishes to share with you so that we can all learn. They are working on a number of legal second suite conversion projects in Brantford, Hamilton and St.Catharines.

With his son Kingston, Ken lives on a 10-acre hobby farm just outside of Ancaster and has 11 Alpacas, 1 quarter Horse, 2 mini ponies, 7 goats, 7 potbelly pigs, 1 sheep, 2 peacocks and 3 dogs (one schnauzer poodle and 2 Bernedoodles). 34 Animals in total.

Butler Mortgage – https://www.butlermortgage.ca/

In this episode you will learn about:

Susan was effectively brokering deals so she realized she needed to obtain a mortgage licence so that she could assist borrowers and lenders on a regular basis. Now as the Principal Broker/Owner of “Private Money 4 Mortgages – Lic #13251” , Susan’s mortgage brokerage specializes in private mortgages.

Now, most of her real estate investing is done with private lending for mortgages through registered funds (RRSP, RESP, RRIF, TFSA, LIRA) as well as using cash.

Guest: Kayla Andrade, Real Estate Investor & Landlord Advocate 

Kayla provides insights and advice on being a landlord during these times and updates on the new bills and government programs available to tenants. Her main message is to network with as many landlords as possible, get to know them, where they are from, what they like to invest in and work together as a team for the protection of your rental properties.

In this episode you will learn about:

Ontario Landlords Watch serves residential landlords and property managers, providing members with a vast network of resources from landlords, property managers, realtors elected officials, businesses, legal services, and consulting.

In their Facebook and private chat groups, they discuss topics that affect investors/landlords’ livelihoods, with the purpose of creating a dialogue for positive change. Subjects include, but aren’t limited to:

Bottom line – OLW provides landlords with the opportunity to have their voices heard, in order to create solutions for the betterment of the rental housing industry in Ontario.

This episode has been brought to you in part by:
White Elm Design Build – https://www.whiteelmdesignbuild.com/

Private Buyers – https://privatebuyers.ca/

Butler Mortgage – https://www.butlermortgage.ca/

Guest: Sandy MacKay, Real Estate Investor & Realtor

Did you know that 90% of all millionaires become so through owning real estate? But to achieve that status you need to take action. Well this week’s guest, Sandy MacKay, Real Estate Investor & Realtor, built up his portfolio to over 200 doors by taking action. He has done everything from creative wholesaling deals, fix & flips, JVs, buy and hold and multi-family. His company now helps clients build generational wealth through real estate.

In this episode you will learn about:

– Going from an investor to a realtor

Website: https://mackayrealtynetwork.com/

Canadian Real Estate Association – https://www.crea.ca/

This week’s guest, Ryan Carson, Lawyer and also a Real Estate Investor, provides legal insights and advice on JV agreements and how to put them together. His main message is to have conversations ahead of time before agreeing to a JV partnership and consult a lawyer throughout the process.

Ryan also discusses the advantages and disadvantages of incorporating for realtors as they are able to do so in Ontario as of October 1, 2020.

In this episode you will learn about:

One of Ryan’s greatest accomplishments is the fact that he has grown from being a one lawyer shop with only a single administrator to where he now oversees the daily operations at two law firms that employ over 20 people combined. However, Ryan is most proud of the beautiful family that he has built, consisting of his wife and two children.

Ryan can be considered the office philosopher as he often talks about finding the perfect work-life balance, which he pursues by filling his time away from the office with golf, hockey, baseball, time with family and on whatever beach he can find.

Private Buyers – https://privatebuyers.ca/

Guest: Mark Frentz, Real Estate Investor & Executive Coach

We want to have more time, more freedom, more money, better relationships, but in order to get what we want, we need to DO specific things in a specific way, and the only way to ensure we can accomplish this we first need to become.

This week’s guest Mark Frentz, Real Estate Investor & Executive Coach helps business people find their passion, tap into their confidence & make money doing what they love.

In this episode you will learn about:

At the age of 20, Mark sat in an audience where the speaker challenged “become sagacious in order to invest in others” This ignited a spark in him, a lifelong passion was born. To learn and grow in multiple areas and disciplines making it possible to invest, support and experience positive change in himself and those who reached out to him.

Over the past 17 years Mark has lived in Sweden, then in China, studied multiple languages, achieved a master’s degree in psychology, and thrown himself into fields that much of our society talks about with discomfort. His draw always to reach those who are in the deepest need. Supporting his greatest passion to journey with others no matter where they find themselves in order to grow, together, at a pace that fits the individual.

Home is Calgary working as a consultant with the Proctor Gallagher Institute focusing on how people can reach much more of their potential by understanding their deepest desires and then learning motivation and moving past procrastination toward success, inspiration, and fulfilment in life.

Get in touch with Mark:

This episode has been brought to you in part by:

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

Butler Mortgage – https://www.butlermortgage.ca/

Guest: Ronald De Coteau, Real Estate Investor

Secondary suite conversions are a very lucrative strategy and you can make a lot of money doing it however if they are not done properly, they can cost you just as much. This week’s guest, Ronald De Coteau, Real Estate Investor & President of Property Pathways Inc decided to take action by focusing on secondary suite conversions. He also leveraged his architecture and project management background and started a secondary suite conversion consulting business to help other investors navigate the world of secondary suite conversions.

Ronald has done 100-150 secondary suite designs for clients in the GTA area. He describes himself as the gatekeeper of this strategy and provides insights and advice on converting single-family dwellings into secondary suites. From understanding zoning, obtaining permits, and going through the renovation process his company will be with you every step of the way. His main message is that secondary suites are not a walk in the park, don’t be afraid to reach out to the experts.

In this episode you will learn about:

Ronald is the President of Property Pathways Inc. and delivers on his promise to pioneer an enriched design and construction management experience for real estate investors and their BRRR projects. He co-founded Property Pathways Inc. after seeking expert advice on the process of converting a single-family dwelling into a two-unit dwelling in Ontario and yielded unsatisfactory results.

By leveraging his years of experience and education in the commercial construction sector, he became a secondary suite zoning bylaws and building code subject matter expert and has since successfully assisted hundreds of real estate investors in Ontario on the legal secondary suite conversions process.

He has helped real estate investors identify Suite-Able properties, prepare building permit drawings, and develop unique renovation strategies. Property Pathways operations have little geographic sensitivity, as we support clients and a BRRR with legal conversion in major real estate investment centers in Ontario.

Navigating municipal zoning bylaws and building code in Ontario can be daunting when considering adding a cashflow property to your portfolio. So, we remove the problem and bridge the gap to creates a pathway to profits.

Get in touch with Ronald:

This episode has been brought to you in part by:

Private Buyers – https://privatebuyers.ca/

Butler Mortgage – https://www.butlermortgage.ca/

In this episode you will learn about:

Together with his wife and children, he’s building generational wealth with his company FL Homes Corp (Famille Lanthier Corporation).

Robby provides insights and advice on how to build your portfolio from nothing and how to decide which markets to invest in. His story is very motivational and highlights perseverance to the core. Robby’s main message is to get started, set high goals, and don’t ever quit.

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Canada’s need for housing and support outside of its large cities is one of the most significant investment opportunities in the modern era. With philanthropic aid to raise cities from a depressed state, Sid Developments provides stability and support to citizens, property owners, renters, business owners, and municipalities. In short, they purchase and encourage others to buy in areas where the project cost is less expensive than the build cost.

This episode has been brought to you in part by:

Private Buyers – https://privatebuyers.ca/

His main message is that thinking outside of the box will help separate your business from other similar businesses and keeping it real and genuine is very important because people see right through that and you won’t get very far.

In this episode you will learn about:

This episode has been brought to you in part by:

Butler Mortgage – https://www.butlermortgage.ca/