The Wisdom, Lifestyle, Money, Show

Scott Dillingham discusses the lending options available for Canadians and foreign buyers interested in purchasing investment properties in the United States. He highlights the benefits of working with a one-stop shop lender that covers both residential and commercial lending in Canada and the US. Scott provides examples of different lending options and rates for commercial and residential properties. He also explains the process of obtaining financing in the US, including the importance of setting up an entity, opening a US bank account, and working with professionals. Scott concludes by mentioning new products available, such as fix and flips for foreign buyers and lines of credit for experienced flippers.(00:00) - Introduction and Overview (05:08) - Financing Options and Misconceptions (07:32) - Mortgage Terms and Options (13:53) - Considerations for Property Condition (19:53) - Setting Up an Entity and Opening a US Bank Account (24:08) - New Products and Options (26:51) - Conclusion and Next Steps If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysCanadians and foreign buyers can access lending options for investment properties in the US through a one-stop shop lender that covers both residential and commercial lending in Canada and the US.Working with a lender in both countries can lower fees and make it easier to access equity.Financing in the US is based on the income of the property and does not require a US visa or partner.The lending process involves setting up an entity, opening a US bank account, and working with professionals.New products available include fix and flips for foreign buyers and lines of credit for experienced flippers.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Alex Ciotoli, an investment-focused realtor from Windsor, shares his story and insights on the real estate industry in Windsor. He discusses the explosive growth in the market, driven by investments in industrial, commercial, and residential properties. He highlights the major infrastructure projects happening in Windsor, such as the battery plant, hospital, Amazon plant, and Gordie Howe bridge. Alex emphasizes the importance of due diligence when investing in Windsor and offers his expertise in commercial and multi-unit properties. He encourages investors to take advantage of the current market conditions and work with a knowledgeable realtor.(00:00) - Introduction and Background (03:05) - The Real Estate Industry in Windsor (11:25) - The Market Trends in Windsor (14:02) - Major Infrastructure Projects in Windsor (16:39) - Advice for Investors in Windsor If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.Takeaways:Windsor is experiencing explosive growth in the real estate market, with investments in industrial, commercial, and residential properties.Major infrastructure projects, such as the battery plant, hospital, Amazon plant, and Gordie Howe bridge, are driving the growth in Windsor.Due diligence is crucial when investing in Windsor, and working with a knowledgeable realtor is essential.Investors should consider their goals, such as cap rates and exit strategies, and work with a realtor who understands their needs.The current market conditions in Windsor present opportunities for investors to find their dream homes or investment properties at a lower cost.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this episode, host Scott Dillingham interviews Robert Tyrer, an expert investor in foreign currency trading. Robert shares his journey from working in the banking industry to becoming a successful trader. He explains his trading strategy, which focuses on long-term trends and patterns, and emphasizes the importance of risk management. Robert's company has achieved impressive returns for clients, with a net client return of about 10.8% per month compounded. He also discusses the flexibility of his investment approach, including the ability to use different currencies and access funds without lock-in periods. Robert emphasizes transparency and encourages potential investors to reach out to him for more information.(00:00) - Introduction and Background (03:21) - Discovering a New Approach to Trading (07:21) - Minimum Investments and Lock-in Periods (12:02) - Compounded Returns and Investing Registered Funds If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysRobert Tyrer is an expert investor in foreign currency trading, with a focus on long-term trends and patterns.His trading strategy involves taking trades based on the manipulations of institutional investors and emphasizes the importance of risk management.Robert's company has achieved impressive returns for clients, with a net client return of about 10.8% per month compounded.Investors have the flexibility to use different currencies and access funds without lock-in periods.Transparency is a key aspect of Robert's approach, and he encourages potential investors to reach out for more information.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Paul McAllister interviews Ryan Day from Calvert Mortgage. They discuss the unique products and services offered by Calvert Mortgage, specifically for real estate investors. Ryan highlights the benefits of their Flip product, which allows for low money down, no third-party appraisals, and quick closings. They also discuss the option to collateralize other properties for additional funding. Ryan emphasizes the importance of permits and the potential delays they can cause in a project. They also touch on the advantages of using a private lender, such as quick closings and flexibility in underwriting criteria. The conversation focused on the benefits of working with private lenders for real estate investment opportunities. The main themes discussed were quick closings, flexible financing options, reduced documentation, and product fit. Private lenders offer faster closing times and the ability to scale up investments with lower down payment options. They also provide a product that aligns with the needs of real estate investors, offering solutions rather than roadblocks. The conversation emphasized the importance of having a business plan, understanding lender requirements, and working with investor-focused professionals.(00:00) - Introduction and Background (05:42) - Using the Flip Analyzer Tool for Renovation Projects (23:15) - Building Relationships and Repeat Borrowers (27:09) - The Benefits of Private Lending (28:08) - The Benefits of Quick Closing (28:35) - Scaling Up with Lower Down Payments (29:02) - Reduced Documentation and Product Fit (30:27) - Private Lending vs. Traditional Lenders (34:36) - The Importance of a Business Plan (37:54) - Working with Investor-Focused Professionals (41:16) - Adding Value through Renovations (44:01) - Exploring Calvert Mortgage's Products (52:53) - The Importance of Education and Ongoing Support If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysCalvert Mortgage offers unique products and services for real estate investors, including their Flip product.The Flip product allows for low money down, no third-party appraisals, and quick closings.Calvert Mortgage can collateralize other properties to provide additional funding.Permits can be a potential delay in a project and should be carefully considered.Using a private lender, like Calvert Mortgage, can offer advantages such as quick closings and flexibility in underwriting criteria. Private lenders offer quick closings and flexible financing options, allowing investors to scale up their investments with lower down payment options.Reduced documentation and no appraisal requirements make the lending process faster and more efficient.Private lenders provide a product fit that aligns with the needs of real estate investors, offering solutions instead of roadblocks.Having a business plan and understanding lender requirements are crucial for success in real estate investing.Working with investor-focused professionals, such as mortgage brokers, can provide valuable insights and support for growing a real estate portfolio.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Paul McAllister and Dave Pereira discuss the concept of rent-to-own investments in real estate. They highlight the mission of Rent to Grow Homes, which is to help deserving families achieve homeownership while providing passive investors with a target annual return of 20%. They emphasize the satisfaction of seeing families succeed and the impact of rent-to-own investments on communities. Not only that, but they also discuss the importance of tenant buyers having an owner mentality and taking pride in their homes. The conversation touches on the geographic focus of rent-to-own investments in Eastern Ontario and the potential for cash flow and appreciation in smaller markets. They mention the challenges of finding lenders who are willing to finance rent-to-own deals and the importance of working with a mortgage broker to navigate the process. The profile of an investor in rent-to-own properties is someone who wants to be passive and not involved in hands-on management. They are looking for a low-maintenance investment with predictable returns. This type of investor is often a first-time investor who would like to get involved in real estate without the risks and responsibilities of traditional buy-and-hold properties. Rent-to-own investments offer a predictable and easy way to make money in real estate, with a promised 20% annual return. The key is to find a good property with no major issues and to have a reliable property management system in place.(00:00) - Introduction and Background (02:37) - Rent-to-Own: Helping Deserving Families Achieve Homeownership (07:23) - Tenant Buyers: An Owner Mentality (13:26) - Eastern Ontario: A Prime Market for Rent-to-Own Investments (20:29) - The Predictability of Rent-to-Own Investments (21:52) - The Importance of Home Inspections in Rent-to-Own (22:48) - Rent-to-Own Investing: A Strategic Mindset (27:16) - Building a Portfolio for Your Desired Lifestyle (29:14) - Expanding into Different Markets for Maximum Opportunities If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysRent-to-own investments can help deserving families achieve homeownership while providing passive investors with a target annual return of 20%.Rent-to-own investments have a positive impact on communities and allow investors to make a difference in people's lives.Tenant buyers in rent-to-own agreements have an owner mentality and take pride in their homes, leading to better maintenance and care.Eastern Ontario is a favourable market for rent-to-own investments due to reasonable home prices, potential for cash flow, and opportunities for appreciation.Finding lenders who are willing to finance rent-to-own deals can be challenging, but working with a mortgage broker can help navigate the process. Investors in rent-to-own properties are looking for a passive investment with predictable returns.This type of investment appeals to first-time investors who want to get involved in real estate without the risks and responsibilities of traditional buy-and-hold properties.Rent-to-own investments offer a promised 20% annual return, making it an attractive option for investors.Finding a good property with no major issues and having a reliable property management system in place are key to success in rent-to-own investments.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Gillian Irving interviews Evan Unger, a real estate entrepreneur and author of the book 'Make the Decision' on goal setting. They discuss Evan's Guinness World Records for the highest standing jumps, the importance of goal setting in achieving success, and the different areas of life to focus on when setting goals. They also talk about Tuck Capital, Evan's consulting and development company, and offer advice for real estate investors in Ontario. Evan shares tips on creating meaningful goals and breaking them down into actionable steps.(00:00) - Introduction and Background (04:16) - The Importance of Goal Setting (11:04) - Building a Strong Team for Real Estate Success (23:07) - The Power of Specific and Meaningful Goals (29:39) - Adapting Goals as Life and Priorities Change If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysGoal setting plays a massive role in achieving success in any area of life.When setting goals, it is important to be specific and have a deep-rooted why.Building a strong team is crucial for success in real estate investing.Regularly evaluating and adjusting goals is necessary as life circumstances change.Tuck Capital offers consulting and support for real estate investors at all levels.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Gillian Irving and Monica Jazyk discuss real estate investing and building wealth through alternative investments. They highlight the importance of investing in high-growth markets with strong economic fundamentals. Monica shares her experience of investing in different markets, including the challenges of investing in faraway, low-growth markets. They also discuss the shift in investor sentiment towards investing in the US and the importance of having a reliable team on the ground. Monica emphasizes the need for investors to visit the market and see the properties before investing. They mention specific markets where they have teams, such as Atlanta, Florida, and Texas. In this conversation, Gillian Irving and guest Monica Jazyk discuss different real estate investment opportunities in various locations, including Texas, Phoenix, and Los Angeles. They highlight the importance of considering factors like insurance rates and economic fundamentals when investing in different areas. They also discuss the process of investing in pre-construction projects and the potential returns. RPI Education offers coaching and education for investors at different stages, from single-family rentals to syndications.(00:00) - Introduction and Background (03:28) - Shifts in Real Estate Market and Strategies (06:12) - Challenges of Investing in Faraway, Low-Growth Markets (09:33) - Importance of Investing in High-Growth Markets (15:25) - Considerations for Investing in the US Market (24:01) - The Importance of Trusted Teams and Market Knowledge in Real Estate Investing (25:56) - Considering Insurance Costs and Economic Fundamentals in Investment Decisions (27:46) - RPI Education: Providing Education and Coaching for Different Investment Strategies If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysInvesting in high-growth markets with strong economic fundamentals is crucial for building wealth through real estate.Investing in faraway, low-growth markets can be challenging due to lack of demand, economic shifts, and unreliable property management.Investors should consider investing in the US market, but it is important to have a reliable team on the ground and visit the market before investing.Specific markets mentioned with established teams include Atlanta, Florida, and Texas. Different locations offer unique real estate investment opportunities, such as development opportunities in Houston and short-term rentals in vacation areas in Texas.Phoenix, Arizona, is a market with opportunities for student rentals and Airbnb rentals, as well as development and footprint expansion.Despite being a trophy market, Los Angeles has investment opportunities, and RPI Education has a specialist team there.Insurance rates can vary in different areas, and it's essential to consider this when investing in real estate.Investors should factor in potential scenarios and costs, such as rent vacancies or tax increases, when evaluating investment opportunities.Investing in pre-construction projects can offer high returns, but delays and market conditions can impact the timeline and returns.RPI Education offers coaching and education for investors at different stages, including single-family rentals, pre-construction projects, development, multifamily properties, and syndications.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Gillian Irving, a mortgage agent, and Michael Matthew, a professional accountant, discuss the importance of setting up the right corporate structure for investing in US real estate. They explain that the type of entity to set up depends on the investor's goals and whether they plan to use the property for personal use or as a money-making venture. Michael recommends a triple C structure, which involves setting up a Canadian corporation, a C corporation in the US, and an LLC to hold the property. They also discuss the importance of choosing the right state for incorporation, considering factors such as landlord-friendly laws and tax benefits. Michael emphasizes the need for proper documentation and compliance with US tax requirements, and suggests working with a bookkeeper to handle ongoing financial management.(00:00) - Introduction and Background (01:44) - Investing in US Real Estate (03:10) - Choosing the Right Entity (05:51) - The Triple C Structure (09:08) - Landlord-Friendly States (11:33) - Tax Planning and Compliance (17:45) - Protecting Investments with Multiple LLCs (22:31) - Setting Up Entities and Paperwork (26:20) - Avoiding Common Mistakes (32:09) - Tips for New Investors If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysThe type of entity to set up for investing in US real estate depends on the investor's goals and whether they plan to use the property for personal use or as a money-making venture.A triple C structure, involving a Canadian corporation, a C corporation in the US, and an LLC to hold the property, is recommended for investors looking to generate long-term cash flow from rental income.Choosing the right state for incorporation is important, considering factors such as landlord-friendly laws and tax benefits.Proper documentation and compliance with US tax requirements are crucial for investors, and working with a bookkeeper can help with ongoing financial management.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Darwin Zerflou, CEO of Pinnacle Lifestyles, discusses the company's focus on RV and cabin resort businesses in British Columbia. They buy campgrounds in world-class destinations, primarily in the Rocky Mountains, and offer a range of amenities and activities for outdoor enthusiasts. Investors can participate by investing in Pinnacle Lifestyles Fund 3, which has a targeted rate of return of 12-16% over an eight-year term. The company also offers opportunities for individuals to purchase RV and cabin sites and generate income through rentals. Darwin emphasizes the importance of diversifying investments and highlights the strong demand for camping and RV sites in British Columbia. He also discusses the impact of COVID-19 and climate change on the business.(00:00) - Introduction to Darwin Zerfluh and Pinnacle Lifestyles (02:38) - Focus on RV and Cabin Resort Business in British Columbia (09:11) - Investment Opportunities with Pinnacle Lifestyles (10:07) - Generating Cash Flow through RV and Cabin Site Rentals (19:33) - Impact of COVID-19 and Climate Change on the Business (26:50) - Managing Rentals and Ensuring Consistency (28:41) - Future Plans for Pinnacle Lifestyles If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysPinnacle Lifestyles focuses on RV and cabin resort businesses in British Columbia, with a focus on world-class destinations in the Rocky Mountains.Investors can participate by investing in Pinnacle Lifestyles Fund 3, which offers a targeted rate of return of 12-16% over an eight-year term.The company also offers opportunities for individuals to purchase RV and cabin sites and generate income through rentals.Diversifying investments into the camping and RV sector can be a good option for real estate investors.The demand for camping and RV sites in British Columbia is strong, with a higher ratio of RVs to full-service hookups compared to other provinces.COVID-19 had both positive and negative impacts on the business, with increased demand for outdoor activities but also temporary travel restrictions.Climate change can potentially impact the number of nights that can be booked due to extreme weather events.Pinnacle Lifestyles focuses on providing a consistent level of experience and manages bookings and rentals internally to maintain control over standards.Repeat business is important, and the company offers rebooking options for customers to secure their preferred sites for future visits.Pinnacle Lifestyles plans to continue developing their existing properties and may consider expanding to new destinations in the future.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Elizabeth Kelly, a real estate coach and investor, shares her journey from investor to coach and the importance of finding the right strategy for individual goals. She emphasizes the need for a power team of professionals, including realtors, lawyers, accountants, home inspectors, and appraisers, to support investors in making informed decisions. Elizabeth also discusses the rent-to-own strategy and the importance of integrity and knowledge in selecting team members. She highlights the significance of aligning strategy with goals and the value of connecting investors with others in similar situations for accountability and joint venture opportunities. Elizabeth shares her experience investing in various provinces and the importance of considering market preferences and personal goals when choosing investment locations. Elizabeth Kelly discusses the importance of finding the right real estate strategy for each market and the need to vet experts before recommending them to clients. She also emphasizes the value of creative financing options, such as rent-to-own, for first-time homebuyers. Elizabeth highlights the challenges faced by new investors, including overwhelm and the need to find the correct support system. She also shares her passion for assisting people in achieving their real estate goals and the importance of optimizing portfolios. The conversation concludes with a discussion on CMHC financing and the need for strategic planning in commercial mortgages.(00:00) - Introduction and Background (02:57) - Aligning Your Real Estate Strategy with Your Goals (08:39) - Building a Power Team for Real Estate Success (11:56) - Exploring the Rent-to-Own Strategy (15:26) - Finding Hot Real Estate Markets (22:44) - Finding the Right Fit: Real Estate Investment Strategies and Market Compatibility (24:59) - House Hacking: A Strategy for First-Time Homebuyers (27:49) - Navigating Overwhelm: The Importance of Expert Guidance for New Investors (31:04) - Integrity in the Real Estate Industry: Recommending Credible Strategies and Professionals (36:56) - CMHC Financing: Considerations for Cash Flow and Property Upgrades (40:46) - Transitioning from Private Financing to CMHC: Challenges for Investors with Large Portfolios If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysFinding the right strategy is crucial for real estate investors to align with their goals and personal circumstances.Building a power team of professionals, including realtors, lawyers, accountants, home inspectors, and appraisers, is essential for making informed decisions and ensuring success.Integrity and knowledge are key factors in selecting team members for a real estate investment journey.Investors should consider their market preferences and personal goals when choosing investment locations.Connecting with other investors in similar situations can provide accountability and joint venture opportunities. Not every real estate strategy works in every market, so it's important to find the right fit for each location.Vetting experts and trying out strategies yourself before recommending them to clients is crucial for maintaining credibility.Creative financing options like rent-to-own can be beneficial for first-time homebuyers who may struggle to qualify for traditional mortgages.New investors often face challenges such as overwhelm and the need to find the right information and support system.Optimizing portfolios and making strategic decisions, such as selling underperforming properties, can help investors achieve their long-term goals.CMHC financing requires careful planning and consideration of factors like property upgrades and loan-to-value ratios in order to qualify for favourable terms.Commercial mortgages present unique challenges and require expertise in navigating the business aspects of real estate investing.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Ben Julius, owner of Lionheart Developments, shares his journey from being a college basketball coach to a successful real estate investor and developer. He emphasizes the importance of discipline, accountability, and building a championship team. Ben recommends having a coach or mentor to guide you in your real estate journey, and stresses the value of experience when it comes to financing and expanding into new markets. He also highlights the potential of the Hamilton real estate market and the strategic location of his projects.(00:00) - Introduction and Background (01:14) - From Coaching to Real Estate (07:48) - Selecting Real Estate as a Career Path (09:44) - The Value of Having a Coach or Mentor (26:14) - The Importance of Knowing the Local Market (30:29) - Expanding into New Markets and Building a Team (34:12) - Conclusion and Contact Information If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysHaving a coach or mentor can provide guidance and accountability in your real estate journey.Discipline and accountability are crucial for success in real estate investing.Building a championship team is essential for achieving your goals.Knowing your market and having a team of experts is important when expanding into new markets.The Hamilton real estate market offers great potential for growth and investment opportunities.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Mike Peters interviews Martin Mei, a real estate investor specializing in self-storage facilities and manufactured mobile home parks. They discuss Martin's background in real estate investing, his experience with wholesaling, and his transition to focusing on self-storage and mobile home parks. They also touch on the importance of conducting feasibility studies for self-storage development and the potential for exit strategies in the industry. Martin highlights the affordability and quality of living in mobile home parks as a key factor in their attractiveness as an investment. Mobile home parks and self-storage facilities are attractive investment opportunities due to their potential to provide affordable housing and their recession-resistant nature. Mobile home parks offer affordable housing options for homeowners, and the cost of homes is expected to decrease. Self-storage facilities are in high demand during both good and bad economic times. The occupancy rate for self-storage facilities is typically around 85% to 92%. The market for self-storage is market-based and varies depending on consumer behaviour and population density. Mobile home parks are a scarce asset type, and cities are unlikely to approve new parks due to low property tax revenue. Mismanaged mobile home parks present opportunities for investors to acquire and upgrade properties. The self-storage industry is seeing a new trend with the emergence of pod storage, but it does not have the same economy of scale as traditional self-storage facilities. The self-storage industry is thriving during economic downturns as people seek to store their belongings. Martin Mei, an expert in mobile home parks and self-storage, is actively looking for investment opportunities and welcomes joint ventures and partnerships.(00:00) - Introduction and Background (03:01) - Wholesaling and Building a Buyer's List (08:14) - The Importance of Feasibility Studies for Self-Storage (12:07) - Investing in Mobile Home Parks (14:46) - Assisting with Self-Storage Development (20:57) - The Market for Mobile Home Parks (22:23) - Affordable Housing and Investment Opportunities (22:52) - Financing and Exit Strategies (24:20) - Advantages of Self-Storage Facilities (26:49) - Challenges in Developing New Mobile Home Parks (31:00) - Optimal Occupancy Rates for Self-Storage Facilities (35:48) - Market-Based Nature of the Self-Storage Industry If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysSelf-storage facilities and manufactured mobile home parks are emerging trends in real estate investing.Wholesaling is a strategy that allows investors to find off-market deals and connect sellers with buyers.Feasibility studies are crucial for determining the viability of self-storage development.Self-storage facilities offer an attractive exit strategy, as they can be sold to larger companies.Mobile home parks provide affordable housing options and offer a higher cap rate compared to multifamily properties. Mobile home parks provide affordable housing options and are expected to become even more attractive as the cost of homes decreases.Self-storage facilities are recession-resistant and in high demand during both good and bad economic times.The occupancy rate for self-storage facilities is typically around 85% to 92%.The market for self-storage is market-based and varies depending on consumer behaviour and population density.Mobile home parks are a scarce asset type, and cities are unlikely to approve new parks due to low property tax revenue.Mismanaged mobile home parks present opportunities for investors to acquire and upgrade properties.Pod storage is a new trend in the self-storage industry, but it does not have the same economy of scale as traditional self-storage facilities.The self-storage industry thrives during economic downturns as people seek to store their belongings.Martin Mei is actively looking for investment opportunities in mobile home parks and self-storage and welcomes joint ventures and partnerships.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Victoria Clooney, a seasoned real estate expert with nearly 20 years of investing experience, shares her journey and insights in risk investing. Her military background influenced her disciplined and strategic approach to real estate. She started investing at a young age and learned through experience, eventually realizing the importance of intentional investing. She has diversified her portfolio with various types of assets, including pre-construction, rentals, land development, and tiny home communities. Victoria emphasizes the importance of taking action and recommends identifying the type of asset that aligns with your lifestyle and financial goals. She also highlights the significance of understanding human behaviour and organizational dynamics in real estate investing.(00:00) - Introduction and Background (02:09) - Unintentional Start in Real Estate Investing (05:14) - Taking Intentional Action in Real Estate (08:04) - The Influence of Military Background (09:58) - Diverse Experiences and Investment Strategy (11:42) - The Importance of Taking Action (13:06) - Challenges and Lessons Learned (15:26) - Understanding Human Behavior in Real Estate (19:05) - Investing in Tiny Home Communities (22:22) - Investment Opportunities and Financing (23:42) - Advice for New Investors (26:03) - Conclusion and Closing Remarks If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysStart investing intentionally and identify the type of asset that fits your lifestyle and financial goals.Diversify your portfolio to mitigate risk and take advantage of different market conditions.Take action and implement what you learn through education and research.Understand human behaviour and organizational dynamics to build strong tenant relations and negotiate effectively.Consider land development opportunities, such as tiny home communities, for affordable and versatile investments.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Paul McAllister and Ken Beckendam discuss their experiences in real estate investing, specifically focusing on strategies such as basement conversions and land development. They highlight the importance of conducting due diligence and working with experts to ensure compliance with zoning bylaws and building codes. They also emphasize the value of legal suites and the benefits of having a legal apartment for mortgage qualification. Ken offers his services in architectural design, permitting, and consulting for investors looking to convert properties or undertake land development projects.(00:00) - Introduction and Background (02:26) - Basement Conversions and Cash Flow (05:44) - Shift to Larger Building Conversions (13:13) - Opportunities in Vacant Commercial Properties (28:55) - Navigating the Land Development Process If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysConduct thorough due diligence and consult experts when considering real estate investmentsLegal suites provide value and can impact mortgage qualificationZoning bylaws and building codes must be followed when converting propertiesLand development projects require a step-by-step process and a team of consultantsBook a free consultation with Ken Beckendam for guidance on real estate projectsIf you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Ryan Poole, owner of Real Trade and a realtor specializing in South Florida properties, shares his journey and expertise in the real estate market. He discusses the appeal of South Florida, including the climate, lifestyle, and investment opportunities. He highlights the strong rental market and potential for capital appreciation. Ryan also introduces Real Trade, a marketplace that connects buyers and sellers with real estate professionals and service providers. He presents a real-world example of a four-unit property in Lake Worth Beach, showcasing the potential returns and financial breakdown. In this conversation, Ryan and Scott discuss various properties available for purchase in South Florida. They highlight the benefits of investing in the area, including the potential for short-term rentals and the high demand from Canadian buyers. They also mention the RealTrade platform as a useful resource for finding properties and connecting with service providers. The conversation emphasizes the importance of taking the first step in real estate investing and the potential for growth and success in the South Florida market.(00:00) - Introduction and Background (09:06) - Real Trade: Connecting Buyers and Sellers (21:45) - Evaluating Investment Properties with the 1% Rule (22:42) - Exploring Investment Opportunities in South Florida (23:38) - The Potential of Short-Term Rental Properties in Downtown West Palm Beach (25:04) - Investing in the Northwood Area: Proximity and Potential Returns (27:52) - RealTrade: A Valuable Resource for South Florida Real Estate (42:18) - Taking the First Step: Growth and Success in the South Florida Market If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysSouth Florida offers a desirable climate, lifestyle, and investment opportunitiesThe rental market in South Florida is strong, with potential for high returnsReal Trade is a marketplace that connects buyers, sellers, and real estate professionalsA real-world example demonstrates the potential returns and financial breakdown of a four-unit property in Lake Worth Beach South Florida offers great opportunities for real estate investing, with high demand from Canadian buyers and the potential for short-term rentals.The RealTrade platform is a valuable resource for finding properties and connecting with service providers in South Florida.Taking the first step in real estate investing, even with a small property, can lead to significant growth and success.Consider tax implications and the benefits of setting up a corporation or limited partnership when purchasing properties in the United States.Building a network of professionals, such as property managers and contractors, is essential for successful real estate investing.New construction projects in South Florida offer additional investment opportunities.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Jeffrey Woods, a full-time real estate investor, shares his journey from starting out as a broke college student to building a successful real estate portfolio. He emphasizes the importance of education and learning from experienced investors. Jeffrey also discusses the benefits of joint venture partnerships and using other people's money to scale his investments. He highlights the challenges and lessons learned along the way, including the importance of vetting partners and effective communication. Jeffrey is now focused on investing in the United States, specifically targeting states like North Carolina and Georgia, due to better investment opportunities and favourable landlord laws.(00:00) - Introduction and Background (01:13) - Getting Started in Real Estate Investing (08:08) - The Benefits of Investing in Certain States in the US (10:52) - Choosing North Carolina and Georgia for Real Estate Investment (15:30) - Advantages of US Landlord-Friendly Regulations (20:08) - Investing in Residential Property with Commercial Mortgage Criteria (22:29) - The Dominican Republic: Lifestyle vs. Real Estate Investment (26:18) - Networking and Collaboration for Success If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysEducation and learning from experienced investors are crucial for success in real estate investing.Joint venture partnerships and using other people's money can help scale investments.Vetting partners and effective communication are key to successful joint venture partnerships.Investing in the United States, particularly in states like North Carolina and Georgia, offers better investment opportunities and favorable landlord laws.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this episode, Scott Dillingham discusses real estate renovations for investors with Nick Messina from Team Goran Remax and Kass from Kass Design Studios. They highlight the mistakes that investors often make when renovating, such as choosing unique and custom designs instead of going for more neutral and generic options. They also discuss the importance of kitchen and bathroom renovations in maximizing the value of a home. The experts emphasize the need to consult professionals and build a team when undertaking renovations. They also caution against making drastic and outlandish design choices that may deter potential buyers.(00:00) - Introduction and Background (01:19) - Avoiding Mistakes in Real Estate Renovations (04:35) - Cost-Cutting Strategies for Renovations (06:53) - Maximizing Value: Key Renovations for Homeowners (10:04) - Creating a Vision and Building a Team (11:58) - Avoiding Ugly Renovations (18:50) - Standing Out in a Competitive Market (20:42) - Final Tips and Conclusion If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysInvestors should avoid unique and custom designs and opt for more neutral and generic options when renovating properties.Kitchen renovations can provide a high return on investment, with an average of 75-100% ROI.Bathroom renovations, particularly updating one bathroom completely and making quick fixes in the other, can also yield a good return on investment.Consulting professionals and building a team is crucial when undertaking renovations to ensure the best results.Avoid making drastic and outlandish design choices that may deter potential buyers.Consider the target market and appeal to a wider audience when renovating for resale.Use visuals and mood boards to communicate your vision to contractors and ensure everyone is on the same page.Allocate both time and money wisely when renovating a property.Consider financing options that allow you to build renovation costs into your mortgage.Research and plan renovations carefully to maximize the value of your home.Don't underestimate the importance of layout and space allocation when renovating.Avoid mixing too many styles and keep the design cohesive.Consider the potential resale value of renovations and make choices that will appeal to future buyers.Building a team of professionals who understand your goals and vision is essential for successful renovations.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this conversation, Scott and Paul discuss strategies for maximizing income on Airbnb rentals. Paul shares his five key strategies, including using AirDNA for market research, utilizing MLS listing pictures before taking possession of a property, having a marketing plan for Airbnb rentals, setting up automated processes, and implementing a long-term rental strategy. They also discuss the importance of having high-quality photos, maintaining clean and well-kept linens, and leveraging events in the area to attract guests. They also touch on financing options for Airbnb properties and the importance of finding trustworthy cleaners and property managers.(00:00) - Introduction and Overview (00:43) - Finding the Right Properties and Tenants (04:58) - Creating Win-Wins and Maximizing Income (09:12) - Partnering with Furnished Rental Companies (20:34) - Financing Options for Airbnb Properties (24:47) - Developing a Marketing Plan (29:34) - Q&A and Conclusion If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysUse AirDNA for market research and to gather data on potential Airbnb propertiesUtilize MLS listing pictures before taking possession of a property to start building your Airbnb profileCreate a marketing plan and leverage social media platforms to attract guestsSet up automated processes and have a co-host to ensure a smooth guest experienceConsider a long-term rental strategy for maximizing income on Airbnb propertiesInvest in high-quality photos and maintain clean and well-kept linensTake advantage of local events to attract guestsExplore financing options for Airbnb properties, including commercial mortgagesFind trustworthy cleaners and property managers to help with remote managementIf you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

In this episode, the host discusses the pros and cons of buying rental properties in a corporation or personally. The major benefits of buying in a corporation include mortgages not showing up on personal credit bureaus and extra liability protection. However, there are also drawbacks, such as properties in a corporation having higher interest rates and limited lender options. The host also mentions the option of using a bare trust agreement to close personally, but have the property considered in the corporation for tax purposes. It is important to consult a lender and accountant to determine the best approach.(00:00) - Introduction and Show Overview (03:58) - Major Pros of Buying in a Corporation (05:51) - Impact of Buying in a Corporation on Interest Rates (06:45) - Considerations for Directors and Co-Owners (08:40) - Bare Trust Agreement and Lender Complications If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysBuying rental properties in a corporation can provide benefits such as mortgages not showing up on personal credit bureaus and extra liability protection.However, there are drawbacks to buying in a corporation, including higher interest rates and limited lender options.Using a bare trust agreement can allow for personal closing, but have the property considered in the corporation for tax purposes.Consulting with a lender and accountant is crucial to determine the best approach for buying rental properties.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Many investors with variable rate mortgages are facing negative cashflow due to high-interest rates. Three main solutions are offered: 1) Get an interest-only mortgage or line of credit to save on principal payments and increase cashflow. 2) Change lenders to re-extend the amortization period and lower monthly payments. 3) Add a second suite to the property through refinancing to increase rental income and improve cashflow. These strategies have helped investors save money on interest expenses.(00:00) - Introduction to the Wisdom Lifestyle Money Show (01:47) - Option 1: Interest-Only Mortgages and Lines of Credit (03:41) - Option 2: Changing Lenders to Re-Extend Amortization (05:08) - Option 3: Adding a Second Suite to Increase Rental Income (07:05) - Save on Interest Expenses and Improve Your Financial Situation If you're serious about real estate investing, join our free Investors Hub. Click this link to access now.TakeawaysInvestors with variable rate mortgages are experiencing negative cashflow due to high-interest rates.Three main solutions to correct negative cashflow are: interest-only mortgage or line of credit, changing lenders to re-extend amortization, and adding a second suite through refinancing.Interest-only mortgages or lines of credit can save on principal payments and increase cashflow.Changing lenders can lower monthly payments by extending the amortization period.Adding a second suite to the property through refinancing can increase rental income and improve cashflow.These strategies have helped investors save money on interest expenses.If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.