Where Should I Invest? Real Estate Investing in Canada

Guest: James Lloyd & Voytek Mardula

This week’s podcast guests are James and Voytek from USProperties.ca

Affluent young Americans are leaving large, overcrowded cities. They are spending much more on their houses as they have more disposable income and are working from home. They’re taking advantage of the low cost of living and increasing appreciation in key areas of Detroit and other cities. USProperties.ca has been working in the same areas for about 5 years and they’ve renovated hundreds of homes, creating a turnkey product for Canadian investors.

In this episode, you will learn about: 

• Canadian operators offering turnkey solutions in Detroit
• Market appreciation ranging from 25-27% since June 2020
• Focus on single-family homes
• New trends during the pandemic
• Work from home… moving away from larger US cities
• Pittsburgh, Cleveland, Detroit, and other smaller cities are thriving
• Nesting – home renovations is driving values up

Get in touch with James & Voytek:
Facebook:  https://www.facebook.com/uspropertiesca
Website: https://www.usproperties.ca/
This episode has been brought to you in part by;

Dalia Barsoum at Streetwise Mortgages

Dylan Suitor of Elevation Realty

Meghan Chomut CFP –www.meghanchomut.com/sarah

The post Should You Invest in Detroit? The Numbers Don’t Lie! first appeared on Sarah Larbi Developments.

Guest: Mathew Frederick, real estate investor, coach & mentor.

Mathew began his journey many years ago working with people that have money but no time or knowledge. He’s done many Joint Ventures and has a very creative way to find off-market deals. He does door knocking and leaves letters which many wholesalers do.

However, he also approaches the homeowners in a completely different way. Mathew offers the owners 5 or 6 different offers ranging from buying the property outright to partnering on a project to add a secondary suite to using VTBs to get price reductions and much more! Listen to the full episode for more amazing tips and tricks.

In this episode, you will learn about:

• Creating habits to find off-market properties
• Focusing on 12-18 unit properties
• Plazas, mixed-use properties
• Time management for success
• Spotting properties and approaching owners with multiple offers
• Causing people to become Joint Venture partners

Get in touch with Mathew:
Instagram: @rccsol.investor
Website: https://rccsol.com/

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages
Jon Tenbrinke of Black Jack Contracting Inc https://blackjackcontractinginc.ca/
Susan Corcoran & Sue Ore of Complete Properties Inc.

The post Driving For Dollars With A Twist first appeared on Sarah Larbi Developments.

Guest: Natalie Cloutier

This week’s podcast guest is Natalie Cloutier, real estate investor and builder. Natalie and her husband bought their first condo at ages 19 and 20. They hated living in tight quarters and were reminded by their parents that they could get a bank loan for auto-construction projects!

The young couple decided to switch gears and put in a ton of sweat equity and use their labour as the downpayment to build a house where they could live with an apartment that could help them pay their deals. They were hooked!

They’ve now built several small multi-family properties where they’ve used the BRRR model: Build Rent Refinance Repeat.

In this episode, you will learn about:

• Another type of BRRR Build Rent Refinance Repeat
• Use sweat equity as your downpayment
• Build in the cost of the lot within the appraised value of your property
• Buying land and building your own house with a secondary suite
• How to plan for new construction bank loan draws
• How to leverage properties and using HELOCs
• Buying lots for cash… 
• Money velocity

Get in touch with Natalie:
Instagram: @thenewbuildcouple
Website: https://www.thenewbuildcouple.com/

This episode has been brought to you in part by;
Dylan Suitor of Elevation Realty
Jon Tenbrinke of Blackjack Contracting Inc.
Meghan Chomut CFP – www.meghanchomut.com/sarah

The post Build Your Own Rental Property And Grow Wealth first appeared on Sarah Larbi Developments.

Guest: Natasha Cultraro

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Natasha Cultraro, Real Estate Investor & Property Manager.

Natasha and her husband began their REI journey in 2006. They purchased a duplex in Oshawa. At that time, finding a property close to home that they could easily manage sounded great. Eventually, they started refinancing properties and got into Rent-To-Own deals. As their portfolio grew, they started their own property management company in 2017. In October 2020, they moved to Costa Rica since they have such a solid team in place, allowing Natasha and her husband to work remotely. They’re still both working full-time and they’re saving a lot of money living abroad.

In this episode, you will learn about:

• Started by purchasing properties with basement suites for peace of mind
• How living abroad can save you a ton of money
• Leading a less stressful life, away from home
• How to start a property management company…
• Providing a service, find the niche that fits you
• Property management is a commodity… what’s your difference?
• Focus is on Durham and Clarington area

Listen to the full episode at https://bit.ly/WSIILatest

Get in touch with Natasha:
Instagram: @the_intuitive_entrepreneur
Website: https://www.icpmpros.com/

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages
Joel Wilson & Rob Lee of White Elm Design-Build
Susan Corcoran & Sue Ore of Complete Properties Inc.

The post Living Abroad While Doing Property Management Remotely first appeared on Sarah Larbi Developments.

Guests: Joe Ferrara and Harry James, real estate investors

Listen to the full episode at https://bit.ly/WSIILatest

Stick to what you’re good at and delegate or hire where you lack skills and knowledge. Having clear lanes and defined roles will help you grow much faster. In a partnership, it’s how you handle the downside that matters the most. Harry and Joe have been business partners for over 12 years and have learned so many great lessons. Finding a good business partner is essential to get to the next level in real estate investing. How do you pick a good partner? There’s a lot more than meets the eye. Good partnerships usually evolve far beyond the project at hand. If you’re only in it for the money, it usually won’t last.

In this episode, you will learn about:

• Over 40 years of experience each
• How partnerships can help you grow
• Getting to the next level and scaling
• Financing for success
• Growing pains! 
• Losing money for 6 years with restaurants
• True character comes through when splitting losses

Listen to the full episode at https://bit.ly/WSIILatest

Get in touch with Joe and Harry:
Instagram: @harryjameslivereal @napa_valley_developments
Website:https://harryjamesenterprises.com/
https://napavalleycontracting.com/

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages
Dylan Suitor of Elevation Realty
Meghan Chomut CFP –www.meghanchomut.com/sarah

The post How to Get to the Next Level in Your Real Estate Journey first appeared on Sarah Larbi Developments.

Guest: Amanda and Jon Eagle, Real Estate Investors

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Amanda and Jon Eagle, real estate investors located in the Kitchener-Waterloo area.

Jon & Amanda are high school sweethearts, they have two young kids and they officially began investing in 2017. They bought a couple of condos and thought this would suffice for their retirement. However, they eventually switched gears and wanted to have a more active role. They now teach their kids about having the right kind of debt and are now acquiring cash-flowing assets and building their portfolio. Jon looks after the business development side of things and financials while Amanda focuses on social media and other tasks.

In this episode, you will learn about:

• How to balance family life and real estate investing
• Community and Networking group influences
• Focus on the Kitchener market
• Started with condos
• Freedom afforded by REI
• Now doing the BRRRR and duplex conversions
• Creative financing

Listen to the full episode at https://bit.ly/WSIILatest

Get in touch with Amanda and Jon:
Instagram: @legacyhomeinvestments
Website: https://legacyhome.ca/about-us/

This episode has been brought to you in part by;
Dalia Barsoum at Streetwise Mortgages
Jon Tenbrinke of Blackjack Contracting Inc.
James Lloyd & Voytek Mardula of US Properties

The post A Busy Young Family & Real Estate Investing Can Go Together! first appeared on Sarah Larbi Developments.

Guest: Spencer and Ashley Giles, Real Estate Investors

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guests are Spencer and Ashley Giles, Real Estate Investors.

Spencer & Ashley specialize in AirBnB rentals in the Niagara region. When the low rental season kicks in, they switch their strategy to appeal to essential workers. In this episode, they discussed the various strategies they use to get top dollars from renters and how to remain sane. They also explained how they scaled their portfolio and are now even managing for others. This amazing couple also spoke about traveling frugally and how to build your credit.

In this episode, you will learn about:

• Ashley began in REI with house hacking
• Spencer joined 3 years ago starting with an Air BnB property
• BRRRR on their 1st property
• Used HELOCs to buy other properties
• They now own 15 doors
• Managing Air BnBs for others
• Supplies & management – how to make it happen
• Invest in decor and luxuries!

Get in touch with Spencer and Ashley:
Instagram: @spencerandashley
Website: www.travelluxepropertymanagement.com

Listen to the full episode at https://bit.ly/WSIILatest

This episode has been brought to you in part by;
Dylan Suitor of Elevation Realty
Jon Tenbrinke of Blackjack Contracting Inc.
Meghan Chomut CFP – www.meghanchomut.com/sarah

The post AirBnB Success: How to get top dollar for your rentals first appeared on Sarah Larbi Developments.

Guest: Christina Turner, Restaurateur

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Christina Turner.

Christina Turner, a restaurateur spoke with Sarah about the ups and downs of opening a restaurant during the pandemic. Fresh, locally-made modern Italian food is what Zucchini Cucina serves. Tune in to hear about this business owner’s experience during the pandemic. This interview highlights the importance of adaptability.

In this episode, you will learn about:

• 50% of restaurants never make it to year 2
• Reputation is everything
• Had to pivot during Easter and the new lockdown
• How to manage perishable supplies
• Staffing challenges

Listen to the full episode at https://bit.ly/WSIILatest

Get in touch with Christina:
Instagram: @zucchiniscucina
Website: https://zucchiniscucina.ca/

The post Owning A Restaurant During The Pandemic… first appeared on Sarah Larbi Developments.

Guest: Cody Yeh, Real Estate Investor + Stock & Options Investing Coach

Listen to the full episode at https://bit.ly/WSIILatest

This week’s podcast guest is Cody Yeh.

Cody came to Canada at age 18 from Taiwan. He came to study at one of Canada’s top universities and ended up buying multiple properties from 2016 to 2020. He then quit his 6-figure job as an engineer to focus on his stock trading business. Cody believes that true wealth in real estate lies in the equity the investors acquire and accessing it rather than the monthly cash flow. He gets his cash flow from buying stock and selling stock options. That’s how he sped up his buying process.

In this episode, you will learn about: 

• The importance of doing your due diligence
• How his wealth was built on real estate and stocks
• Diversification for more cash flow
• How to either quit your 9 to 5 or supplement your income
• Looking at market fundamentals – real estate and stock exchange
• Stefan Aarnio & Don Campbell’s influence
• US podcasts for a variety of perspectives

Listen to the full episode at https://bit.ly/WSIILatest

Get in touch with Cody:
Instagram: @cody__yeh
Website: https://www.codyyeh.com/free-webinars

This episode has been brought to you in part by;

Dalia Barsoum at Streetwise Mortgages

Joel Wilson & Rob Lee of White Elm Design-Build

Susan Corcoran & Sue Ore of Complete Properties Inc.

The post Retiring at 30: How to Raise Your Own Capital & Grow Wealth first appeared on Sarah Larbi Developments.

Guest: Jacqueline Marshall, Flipper & Real Estate Investor

This week’s podcast guest is Jacqueline Marshall, Flipper & Real Estate Investor.

Jacqueline started out buying her first house in her third year of university in Nova Scotia. Then she bought her personal home and after a while tried to sell it unsuccessfully. After finding out she could rent it out and cash flow, she bought another house, then another, and eventually began flipping. She realized she was onto something. She now does most of her flips herself.  She shared a great tip for live-in flips, start-off with a clean and renovated bedroom to be able to live in a clean and sealed place.

In this episode, you will learn about:

• 1st flip was very simple
• Focuses on Windsor, Fonthill-Niagara areas
• 9 flips so far
• Grew up in a family with a construction background
• Her father and family are part of her power team
• Learn as you go… 
• How to budget for a flip – looking for efficiencies
• DIY to save money and make the flip profitable

Get in touch with Jacqueline:
Instagram: @baywopdesign_

This episode has been brought to you in part by;

Dalia Barsoum at Streetwise Mortgages

James Lloyd & Voytek Mardula of US Properties

The post Live-In Flips & DIY To Increase Profitability first appeared on Sarah Larbi Developments.