On to this week’s guest!

Again, Hart is a friend, I refer him clients all the time for tenant location services.  This may sound like a paid endorsement and full disclosure, Hart Pays me nothing. We receive zero compensation for me having Hart on this show and sending him referrals.  It’s too bad we’re selling the rest of our Ontario portfolio in the near future so I could have asked him for favours but no. Nothing LOL. Which I don’t mind so my judgement is not clouded.

We get a long because we’re both on a mission to help Canadians get a head in life without taking away too much time from their lives and families by streamlining their investments. Let them sleep at night and we both volunteer for non-profits that support landlords.

Hart’s company Rent Panda is an expert on rentals providing both property management and tenant location services while also using the same tools we recommend like SingleKey and Front Lobby.  Any Ontario landlord not using them is exposing themselves to unnecessary risk. Risks that honestly don’t exist in landlord friendly USA but I digress.

You can find Rent Panda along with a bunch of free online resources every Ontario landlord needs at www.rentpanda.ca

Cory is a 20 year investor who's been through rough times back in the financial crisis, from Toronto he was investing on the wrong side of the tracks in London, Ontario, sleeping inside the renovation project as he didn’t have funds for trades and to cut down on his commute from Toronto.

Fast forward to today, Cory’s been a full time investor for 2.5 years specializing in BRRRR investments, suiting basements, garden suites and an office to residential conversion that’s gone anything but smoothly. Cory funds his projects with silent, passive joint venture partners, and when there’s no cash flow… I’ll let Cory explain what he does.

Cory’s story is quite a journey of survival in terrible and good and difficult times.  Anyone new or old to real estate investing will have lessons to learn.  If you’re one of the good guys in real estate, you’ll appreciate how a good guy like Cory can thrive in an industry swimming with Sharks.

Website: www.coryfroc.com

Instagram: @coryfrocinvestments and @coryfroc on Facebook

Please enjoy the show!

Please welcome co-founder of Addy Stephen Jagger, I’m excited to have him, if you haven’t heard of Addy before, it’ll blow your mind.  If you have, the advancements in deal offerings, technology will surprise you along with one of their investment vendors who went belly up.

Oh yeah, this is the truth about real estate investing show so when deals go sideways, I’m going to ask about them, Stephen, kudos to him does not avoid my questions and better yet they’d already publicly addressed them.

https://addyinvest.ca/2024/07/19/strengthening-our-due-diligence-lessons-learned-and-steps-forward/

Or as the saying goes, a ounce of prevention is worth a pound of the cure.  If they’d asked me for a reference check, they could have probably saved a bunch of headaches.

To connect with Stephen:

Twitter: @sjagger

Email: [email protected]

Website: www.addyinvest.com

Please enjoy the show!

In this episode, we sit down with Christine Traynor, from Victoria, BC, a seasoned real estate professional who has navigated the industry from multiple angles.  She started as a paralegal in mortgage enforcement/foreclosures, became an appraiser in 2002, worked in for a high end real estate developer then buying a real estate appraisal firm, buying two more with creative financing and in 2024, sold those businesses for a seven figure exit.

What’s now keeping Christine busy is her current ventures as an Edmonton, Alberta real estate developer, multifamily investor, Christine shares a wealth of knowledge and insights that are sure to inspire.

For those looking to raise capital, specifically registered funds like RRSP’s and TFSA’s, Christine is involved with a Mutual Fund Trust as part of a 94 unit build so you’ll want to hear about that.

Christine shares how and why she chose not to invest in local, tenant friendly, unaffordable Victoria, BC for landlord friendly Edmonton which is something pretty much every BC, Ontario, Quebec investor from a tenant friendly jurisdiction is considering.

Christine is an advocate for empowering women around investing and finances, and is the host of She Builds Wealth, a (free) online community where she leads women in conversation around real estate investing, business, money and mindset.  She is also the creator of She Builds Wealth: A Foundational Course for Women on Building Wealth in Real Estate.

To follow Christine:

Instagram: @Christine.traynor.reinvesting

Website: www.christinetraynor.com

Please enjoy the show

Now for those of you with deeper pockets and want to be developers closer to home, we have my old friend Pierre Paul Turgeon returning to the show.  A former industry insider as an underwriter at the CMHC, active investor, and real estate expert in the apartment building space, who has analyzed 100s of large, lucrative multifamily investment deals all over Canada.

As a good Canadian, Pierre Paul wants to help build more housing and believes it is developers in Canada who have the greatest potential for success and he’s here to share about the latest Federal programs for developers no one is talking about. I’d never heard about these programs so if you’re a developer, builder or plan to be, you’ll have to give this episode a listen.  Developers are who the federal government wants to support because they build housing we so desperately need. Landlords? Not so much. 

To connect with Pierre Paul, email him at  [email protected]

Or his website www.multifamilyinvestingcanada.com where he offers free resources and a paid, in depth detailed courses on apartment building investing.

Please enjoy the show!

This week we have an everyday, blue collar Canadian, 33 year old Shayne from Montreal who just bought his first investment property and he has executed a BRRRR in suburban Memphis, Tennessee. The ARV is substantially higher than projected, rent came in almost 10% higher.

Shayne is the youngest client of mine by far for years and years so I’m of course excited to have been part of Shayne’s journey to become a successful investor and mentor him in scaling up to not just have a large portfolio but for financial peace of mind.

This is his story, if you enjoy the show, please share this episode with your fellow Canadians who want to invest in real estate, especially those who can’t afford to get into the Canadian market or want diversification.  Please enjoy the show.

Today’s guest is Dr. Wing Lim, a true renaissance man - a dedicated medical professional and serial entrepreneur who has built an impressive portfolio of healthcare facilities and senior living communities. For over 30 years, he has balanced a thriving family medicine practice with innovative real estate ventures.

Dr. Lim's impact extends far beyond the medical field. He has spearheaded the creation of the state-of-the-art Synergy Wellness Center and the award-winning Esther Gardens senior residence, providing invaluable resources and care to thousands. Beyond his professional accomplishments, he is committed to empowering the next generation through his Physician Empowerment podcast. Link: https://www.physempowerment.ca/ 

Join us as we dive into Dr. Lim's remarkable journey - from the challenges of running a medical practice to the triumphs of building a real estate and senior living empire. His story is a testament to the power of vision, perseverance, and a relentless drive to create positive change. Canada needs more investors like Dr Wing Lim and I hope this show inspires one of my 17 listeners.

Today’s guest is my good friend and past client, Adam Johnson, CPA, CA, CBV, CFA—who, at the time, was my youngest client and didn’t have as many letters behind his name. Adam’s not your average CPA. He’s also a Chartered Business Valuator CBV and Chartered Financial Analyst CFA, making him one of less than 100 people in Canada with all three designations. He even ranked #1 in the country on his CBV exam. But what really sets him apart is his hands-on experience with one of Canada’s biggest investment banks, where he analyzed stocks and worked directly with equity traders which prepared him nicely for a long-time career in business valuations.

Now, Adam’s expanded his investing to the U.S. after Ontario deals no longer made sense, and he’s the founder of Synthesis Valuations, providing top-tier valuation reports for everything from mergers to shareholder disputes. 

Note we recorded this episode before the most recent hurricanes Helen and Milton devastated Florida the deadliest since Katrina in 2005, each with a combined $100 billion is losses, $50 billion each. For context, that major storm Toronto had in the summer caused $1 billion in damage, these hurricanes were 100 times worse. My thoughts and well wishes are with Florida. Link to source: https://www.cbsnews.com/news/helene-milton-losses-50-billion-each-hurricanes-rare/

For your business valuation needs, Adam’s company website: https://synthesisvaluations.com/

What’s someone with so much stock and business valuation skill and experience doing overweighted as a real estate investor? Let’s ask him!

We have the co-founder of Trust Your Talent, Tim Tsai returning to the show after a two year hiatus from the show. Tim’s members include 150 who have achieved some level of financial freedom, including the first level which is to have one’s monthly expenses covered by the cash flow from their investments.

That’s a lot of people Tim and co-founder Rey have directly coached and mentored but he’s not alone as past guests of this show Vince Lee and Brooke Shang are past members and now coaches of Tim and Rey’s group.

Tim is back this week to share what has worked for his own portfolio including what has not worked, when he saw red flags and was able to avoid damage unlike the many who have lost hundreds of thousands of dollars in private lending in small towns, high leveraged, too much, too fast, too complicated investments.  However Tim’s members have survived and thrived over these same times and I can’t wait to meet the dozens of award members at Tim’s InvestED gala.

About Tim: After retiring himself at the age of 30, Tim began to pursue another goal and passion of his – helping those who are committed to achieving financial freedom do the same. To this day, Tim continues to be an active investor as he believes investing is a “lead by example” venture.

With the investment he made in his own financial education, Tim became financially free in 2 years (25 months to be exact) after his first training. In the past few years, Tim has built cash-flowing portfolios in Canada, US and the UK, using a variety of strategies – income properties, lease options (residential and commercial), creative financing, flipping, wholesale, infill development, mobile home parks, etc.

Conference details: https://trustyourtalent.ca/invested-annual-conference-2/

Website: https://trustyourtalent.ca

Instagram: https://www.instagram.com/thetimtsai/

On to this week’s show, a topic I’m a big fan of, avoiding long-term rentals in tenant friendly provinces like Ontario hence we have Spencer and Ashley Giles back for round 2. If you didn’t already know, vacation rentals are a business, 24-7 for some like Airbnb managers like Spencer and Ashley Giles who are back to share more, dig deeper into the strategy including operating and owning in the USA. 

Their management portfolio is 50 properties at time of recording spread across much of Ontario and Up State New York so they have a lot of diverse experience to share.

To follow Spencer and Ashley Giles, their website is https://spencerandashley.com/ and https://www.instagram.com/spencerandashley/ on Instagram.

Please enjoy the show!