On this episode, we cover the three timeless ways to build massive wealth in real estate! Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected]

Cell phone number

Kurtis - 226-406-3429

Matt 519-998-1148

Here’s an overview of the recent changes. CMHC (Canada Mortgage and Housing Corporation) announced that effective July 1, 2020, new applications for homeowner transactional and portfolio mortgage insurance would be subject to the following changes:

* limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to 35% and 42%, respectively;

* a minimum credit score of 680 for at least one borrower; and

* non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes.

Any questions on this let us know! Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected]

Cell phone number

Kurtis - 226-406-3429

Matt 519-998-1148

Jeff Reitzel shares his thoughts on the recent mortgage changes!

Heres an overview of the changes. CMHC (Canada Mortgage and Housing Corporation) announced that effective July 1, 2020, new applications for homeowner transactional and portfolio mortgage insurance would be subject to the following changes:

* limiting the Gross/Total Debt Servicing (GDS/TDS) ratios to 35% and 42%, respectively;

* a minimum credit score of 680 for at least one borrower; and

* non-traditional sources of down payment that increase indebtedness will no longer be treated as equity for insurance purposes.

Any questions on this let us know! Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected]

Cell phone number

Kurtis - 226-406-3429

Matt 519-998-1148

Enjoy this amazing interview with Lisa and Dale McCuaig. They have specialized in converting single family homes into duplexes in the Kitchener Waterloo area.

We drill down on all the important questions!

How do you find good opportunities?

How do you know when a home has good potential for converting into a duplex?

How do you know what price to offer?

How do you determine renovation costs?

How long do the renos typically take?

How do you determine after repair value?

How do you determine rents?

How do you find tenants?

How to deal with the city for permits?

How to manage your emotions and expectations during the process?

How does refinancing work?

Amongst many other!

Recorded before the lockdowns of Covid 19 hit us all. Speaking of that.. we hope you’re doing well and staying safe.

Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected]

Cell phone number

Kurtis - 226-406-3429

Matt 519-998-1148

Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected] Cell phone number

Kurtis - 226-406-3429

Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected] Cell phone number

Kurtis - 226-406-3429

Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected] Cell phone number

Kurtis - 226-406-3429

Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

[email protected] Cell phone number

Kurtis - 226-406-3429

Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]

(this was recorded back in the fall of 2019, before COVID-19)

We caught up with Investor Kyle Ford at his 10 unit townhouse complex in Cambridge, Ontario Enjoy!

About Kurtis and Matt:

Kurtis and Matt are both Real Estate Investors and active Realtors servicing the Tri-City Region in Ontario, Canada. They have a passion for working closely with investors to build and preserve massive wealth in real estate.

Co-Founders of the Tri-City Real Estate Investor Club

Find us on our Facebook Investor Group and Meetup.com:

https://www.facebook.com/groups/2756352651059293/?ref=share

https://www.meetup.com/Tri-City-Real-Estate-Investor-Club/

YOUTUBE channel here: The Reitzel Brothers *GO SUBSCRIBE!* :)

https://www.youtube.com/channel/UCLL7rUND51bBJtMwwjCKbxQ

Instagram

https://www.instagram.com/matt.reitzel/

https://www.instagram.com/kurtisreitzel/

Email

[email protected]