Podcasts about real estate investment network

The salient point of today's discourse revolves around the assertion that there exists no unfavorable time to invest in real estate; rather, it is the strategy employed that dictates success amidst varying economic climates. In our conversation, I was privileged to host Patrick Francey, a distinguished figure in the real estate investment realm and the CEO of the Real Estate Investment Network. Patrick shared his extensive background, elucidating how he ventured into real estate as a means to secure his financial future, particularly emphasizing the importance of education and understanding economic fundamentals. We delved into the nuances of real estate cycles, the significance of regional analysis, and the myriad strategies that can be employed depending on prevailing market conditions. Furthermore, Patrick expounded on the necessity of informed decision-making and proper tenant screening to mitigate risks associated with property investment.The dialogue between Sarah St. John and Patrick Francey on the Frugalpreneur podcast presents a detailed exploration of the real estate investment landscape, enriched by Francey's extensive experience as a business owner and real estate investor. Francey recounts his entry into the real estate sector, motivated by the desire to secure his financial future beyond his successful retail ventures. He underscores the importance of learning from successful individuals and understanding the economic principles that govern real estate. The conversation emphasizes that real estate investment is not a monolithic endeavor; rather, it is subject to regional variations and economic cycles. Francey articulates that there exists no universally unfavorable time for investing in real estate; instead, strategic alignment with the current economic landscape is crucial. The episode further explores the intricacies of market analysis, highlighting how factors such as job growth, GDP, and demographic shifts impact real estate values and rental demand. Francey encourages potential investors to adopt a methodical approach to education, emphasizing the need for a thorough understanding of local markets and investment strategies. Additionally, he dispels the myth that substantial capital is an absolute requirement for entering the real estate market, outlining various financing options and strategies that can enable investors to leverage rental income. By integrating practical advice with theoretical insights, this episode serves as an invaluable guide for individuals seeking to navigate the complexities of real estate investing. In conclusion, the podcast not only elucidates the multifaceted nature of real estate investment but also empowers listeners to approach the market with confidence, armed with the knowledge necessary for informed decision-making.Takeaways: Investing in real estate is a strategy that can secure financial futures over time. It is essential to understand the economic fundamentals that drive real estate prices and rental rates. The real estate market is regional, and one must consider local economic conditions to strategize effectively in any investing scenario. Education is paramount for prospective real estate investors; understanding the market and proper strategies can lead to successful investments and wealth creation. Utilizing additional dwelling units can significantly enhance rental income potential, providing a means to offset mortgage payments and increase cash flow. First-time homebuyers can utilize strategies such as the self-funding house approach to enter the market with lower down payments and create income through rentals. The Real Estate Investment Network offers valuable insights and a supportive community for investors, emphasizing the importance of data-driven decision-making in real estate. Links referenced in this...

How does your mindset shape your journey to becoming a millionaire?  In this inspiring episode of Exit Strategies Radio Show, host Corwyn J. Melette welcomes Patrick Francey, a serial entrepreneur, podcast host of The Everyday Millionaire, and former leader of the Real Estate Investment Network. Listen to this first part episode as Patrick takes us on his journey, sharing how his entrepreneurial path began with what he calls an "entrepreneurial accident",  his transition from the oil industry to becoming a successful real estate investor and entrepreneur and how his mindset played a crucial role in building multiple businesses. He highlights the significance of mindset in identifying and seizing opportunities. He also discusses the importance of understanding economic fundamentals and treating real estate investment as a business to ensure prosperous ventures. The conversation touches on how Patrick grew his portfolio from single-family homes to diversified real estate assets while emphasizing the role of coaching and education through the Real Estate Investment Network.  The episode aims to empower listeners with insights on building financial freedom and a secure future through strategic real estate investments. Key Takeaways: 4:08: Mindset is Everything – Learn how Patrick's mindset has shaped his entrepreneurial journey and how it can fuel your own success. 10:0: Opportunities Are Everywhere – Patrick explains how to recognize and create opportunities, even when they seem hidden.  11:17: Supporting Others – Discover why Patrick believes in the power of helping others climb the mountain, and how that philosophy has impacted his own success.  13:11 Diving into Real Estate Investing 18:34 Teaching Real Estate Investment Strategies Connect with Patrick Francey: Website: https://reincanada.com/ Facebook: https://www.facebook.com/RealEstateInvestmentNetwork Email: ceo@reincanada.com Linkedin: https://www.linkedin.com/in/pfrancey Instagram: https://www.instagram.com/pfrancey/ Connect with Corwyn@: Contact Number: 843-619-3005 Email: corwyn@corwynmelette.com Instagram:⁠ https://www.instagram.com/exitstrategiesradioshow/⁠ FB Page:⁠ https://www.facebook.com/exitstrategiessc/⁠ Youtube:⁠ https://www.youtube.com/channel/UCxoSuynJd5c4qQ_eDXLJaZA⁠ Website:⁠ https://www.exitstrategiesradioshow.com⁠ Linkedin:⁠ https://www.linkedin.com/in/cmelette/⁠ Shoutout to our Sponsor: ROBYN COLLINS Do you want something more? More Meaningful Moments opportunities, deeper relationships and memorable experiences? Do you want to make a difference? If you say YES, a career and real estate could be the opportunity you're looking for guiding people to one of the most important decisions they ever made, the purchase or sale of their home can be both rewarding and lucrative.  Exit Realty has a revolutionary compensation model training and technology that provides you with the tools you need to start and build your successful real estate career. Call me today  ROBYN COLLINS with REDROBYN HOMES at 843-557-5003. Again that's 843-557-5003 or visit RedRobynhomes.com/join.exit and make your Exit today. --- Support this podcast: https://podcasters.spotify.com/pod/show/corwyn-j-melette/support

Ever wondered how an everyday individual can harness the power of real estate to become a millionaire? Patrick Franci, CEO of the Real Estate Investment Network and the voice behind "The Everyday Millionaire" podcast, joins me to reveal the transformative strategies that have turned ordinary people into extraordinary investors. We raise our virtual glasses to a conversation brimming with Patrick's remarkable insights, from his initial plunge into the property market to empowering investors with the knowledge to navigate the economic landscape of real estate.Our talk takes a deeper look into the heart of real estate investment, where Patrick outlines the journey from his first condo purchase to the sophisticated analysis of market trends that forecast industry shifts. As he narrates the story of acquiring and rejuvenating the Real Estate Investment Network, you'll find yourself equipped with actionable advice, whether you're aiming to make your first investment or scale your portfolio. Patrick's experience illuminates the path for newcomers and veterans alike, as he discusses the critical steps to prepare financially for the fast-paced world of real estate.As we wind down, the episode takes a personal turn, resonating with the soulful beats of '70s music and the dichotomy of our food philosophies. We share the importance of morning rituals, the warmth of mentorship, and how these elements intertwine to shape our lives and careers. It's an invitation to step into our worlds, to understand how the rhythms of everyday life contribute to who we are, and to continue the conversation on growth, guidance, and the pursuit of success. Join us for these stories of success, wisdom, and the everyday rhythms that define us. Thanks again for listening. Don't forget to subscribe, share, and leave a FIVE-STAR review.Head to Dwanderful right now to claim your free real estate investing kit. And follow:http://www.Dwanderful.comhttp://www.facebook.com/Dwanderfulhttp://www.Instagram.com/Dwanderful http://www.youtube.com/DwanderfulRealEstateInvestingChannelMake it a Dwanderful Day!

If you're thinking of creative ways to invest in real estate, this could be one of the perfect episodes for you! Today, Gary Spencer-Smith will discuss how he came across from single-family to the hospitality industry, the benefits of being creative when running a resort or hostel business, and some tips on structuring these types of investments.Hit the play button to learn new investing strategies that will set you apart from the competitive environment of real estate!Key Points & Relevant TopicsThe start of Gary's real estate career start as a single-family investorResort: What it is, how it generates revenue, and its operational expensesHow to get investors involved in a resort dealSeller-financing strategy in a resort investmentHow to make creative deals work successfully?Operation and improvements in a resort or hostel business to increase revenue and reduce expensesThe importance of having the right insurance for your investmentsOvercoming mental blocks or self-limiting mindsetCriteria to consider in a good investment marketResources & LinksRich Dad Poor Dad by Robert T. KiyosakiApartment Syndication Due Diligence Checklist for Passive InvestorAbout Gary Spencer-SmithGary was born in the UK and started investing in his native country during his time in the Royal Navy, He emigrated to Canada after 11 years of service, which saw him travel all over the world before settling on Vancouver Island. Investing on the island for over ten years now, Gary has won awards from Canadian Real Estate Wealth Magazine and The Real Estate Investment Network for his strategies and success, and been nominated for countless others. Gary enjoys the lifestyle investing in real estate affords him and has a passion for helping others change their financial futures by using real estate as the catalyst.Get in Touch with GaryWebsite: Rev N YouYouTube: Rev N You with Real EstateLinkedIn: Rev N You with Real EstateInstagram: @revnyoucanadaFacebook: Rev N You with Real EstateTo Connect With UsPlease visit our website www.bonavestcapital.com and click here to leave a rating and written review!

In this captivating episode of "Everyday Millionaire Mindset Matters," host Patrick is joined by his guest, Nick Banks, who not only shares a strong friendship with Patrick but also serves as the VP of Technology for the Real Estate Investment Network. Together, they follow a path into the heart and soul of successful organizational leadership. As their conversation unfolds, Patrick and Nick delve deep into the art of building a powerful foundation and context for creating the right environment in a business, emphasizing how it can set the stage for long-term success. The episode is introspective as they explore the pivotal aspects of a business's mission and values, sharing insights and principles that shape the identity of the business to resonate with both the team and their clients. Nick brings many years of experience to their discussion and sees the importance of creating an environment and culture that acts as a magnet for exceptional talent, those who aspire to be their best. A key theme emerges: the desire of business owners to manage the business itself, not the personalities within it. Listeners are in for a treat as Patrick and Nick engage in a thought-provoking dialogue on the strategies and tactics crucial to achieving small business success and sustainable growth. Tune in to this episode for an invaluable dose of wisdom, experience, and entrepreneurial insight, as these they explore the elements of fostering a thriving and forward-thinking organization.

Mark is the Co-Founder of Peak Multifamily Investments, a real estate fund management firm dedicated to helping Canadians grow their wealth through apartment building investing. With 20+ years of experience in business strategy and management consulting on the global stage, Mark brings a wealth of business management and operational expertise to real estate investing. Winner of the Real Estate Investment Network's Top Player Award in 2017 and the Multifamily Investor Award in 2020, Mark continues to build strong momentum in growing a real estate portfolio. Mark believes that everyone is capable of accessing the power of commercial multifamily to build generational wealth. He helps investors through one-on-one coaching, connecting buyers to property sellers, and providing eligible investors access to invest alongside him and other investors in Peak Multifamilys' own Apartment Fund. In this episode we discussed: His transition from management consulting to real estate investing The Decision to Pursue Commercial Property The multifaceted nature of navigating multifamily real estate investments. The significance of building relationships, accurate data, and strategic underwriting achieving success. Evolving financing strategies and due diligence processes in response to market dynamics. Understanding Churn Rate and Tenant Profiles Considerations for Property Acquisition Transition to Fund Model and a lot more!   Follow Mark's social media on:  Instagram: https://www.instagram.com/mark_baltazar/ LinkedIn: https://www.linkedin.com/in/mark-baltazar/ Facebook: https://www.facebook.com/1MarkBaltazar Follow Mayu on Instagram at: https://www.instagram.com/mayu.thava/ Follow Austin on Instagram at: https://www.instagram.com/austinyeh6/ Follow the RISE Network Facebook at: https://www.facebook.com/groups/risenetworkevent Follow the RISE Network Instagram at: https://www.instagram.com/risenetworkevent/ RISE Real Estate Wholesaling 101 Course: https://rise-network-course.teachable.com/p/real-estate-wholesaling-masterclass-101  RISE Network Real Estate Investing Essentials Bundle: https://rise-network-course.teachable.com/p/rise-network-real-estate-investing-essentials If you or anyone you know is looking to sell their house, visit: www.fastontariohomebuyer.ca

It's hard to deny that the market is shifting, maybe even changing. If you are hoping that you can just coast through it, you may need to start thinking about how you can take your existing skillset, and make it work for whatever comes next.Josh Perez is the Principal Broker of Synergy Mortgage Group and is an investor.Three Things You'll Learn in This EpisodeHow can you change with the market?What might be on the horizon of the market?What's next for the industry.ResourceCheck Out Synergy Mortgage GroupReal Estate Marketing DudeThe Listing Advocate (Earn more listings!)REMD on YouTubeREMD on InstagramTranscript:So how do you track new business? You constantly don't have to chase it. Hi, I'm Mike Cuevas to real estate marketing. And this podcast is all about building a strong personal brand people have come to know, like trust and most importantly, refer. But remember, it is not their job to remember what you do for a living. It's your job to remind them. Let's get startedWhat's up ladies and gentlemen, welcome another episode of the real estate marketing dude, podcast. Books were you turning on the news, what the hell's going on? What we're gonna be focusing on this week's episode is the next opportunity. If you tuned into our last show, we're talking about switching up which direction the market is headed, and we're chatting about, I believe it's gonna be a seller's, or I'm a real estate agent, I'm concentrating on seller seller seller sellers, because I believe that we're going to start to see some distressed I think that things are going to hit the fan. And I don't know how bad I don't know if I don't think it's gonna be repeated 2008. But I do know that there is going to be something that happens, how bad I don't know, but just you just have to turn on the news and see what the fuck is going on. Because it is insane. And a lot of things don't make sense. So what we're gonna be doing today is I want to bring on a mortgage broker, because I've been in the States, he's in Canada, but whatever happens in the US goes to Canada. So I wanted to bring someone on from an outside perspective, off of what they see in our US market, what they're doing. But he's not just a mortgage broker, he's also an investor, he does a lot of his investing in the state. So he's got a good eye for seeing where opportunity is. And, again, I'm bringing the freakin cowbells adapt, or you are going to get your ass kicked, you have to adapt right now there's no questions about it. Lead Generation marketing, you're gonna have to do two to 3x more than what you did in the past business is not going to be easy, you're gonna have to hustle. Welcome to the real world. 90% of the people in this business lenders and agents included have never seen a distressed market before because we haven't been in one in 10 plus years. No one knows what's gonna happen. That means the vast, vast majority of everyone in this industry has no fucking idea what to do when a shift occurs. That my friends is a big opportunity. All right, so we're gonna bring on introduce our guest, Mr. Josh Perez. He's with Synergy mortgage up in Canada. Josh, how you doing today? Once you go ahead and introduce yourself to the show. Tell everyone Hello, and a little bit about yourself.Hey, Mike, thanks for having me. Super excited to come and chat with you. And yeah, see, you know, the whole lot of crazy things going on in real estate and in the world. It's kind of been a steady theme over the past few years. Yeah. So you know, I'm a mortgage broker, a real estate investor, since 2010, was when I bought my first investment property. I was working in banking at the time. And then, you know, doing investment planning, retirements, mutual funds, as well as credit I just found after I bought my first investment property, I just wanted to soak everything up that had to do with real estate and building wealth through real estate. It's been, you know, it's been one of the most proven paths of building wealth over over time. And so, you know, I became very passionate about what you know, could do for me and my clients. And so, you know, after a few years of getting into real estate investing, I made the transition to mortgage brokering so I'm just only working in mortgages, with real estate, you know, we're helping, you know, for most people, and not just Canada, US North America, buying a home is a huge financial milestone. It's also you know, typically the biggest purchase, you're gonna make biggest debt you're going to take on, and also real estate being a huge opportunity to build wealth. Myself, my team, like we're super passionate about helping people with that and what it can do to help people achieve and accelerate reaching their financial goals worked with a lot of partners in the space, real estate agents and helping them kind of tap into, you know, the education side on how we can just help so many more people with their financial goals and to fight inflation, the cost of things being so expensive these days, we often think about, you know, how do we save and cut here but, you know, we also I think, think equally need to think of how do we help grow this column of our finances right, and that's, you know, acquiring assets income producing assets. So, that's a big part of what we do. You know, I'm, you know, haven't stopped investing in real estate since 2010. Started with, you know, duplex triplex got into apartment buildings. You know, 2020 Canada is kind of a tough place to to be like, like Mendoza, isn't it? Yeah, it's not motherfuckers crazyup there. Mr. Trudeau. Guy's a nutbag. And yeah, I don't know if anyone is sort of like Biden here. Nobody likes him.Yeah, so I found myself you know, moving to places that were a little bit more free. And yeah, I found myself in Florida had some close family ties there, you know, fortunate to be able to work remote in my line of work and so kind of planted there for two months in early 2021. And said, Listen, I gotta I gotta Spend more time here, I want to bring my family and people close to me down here. So I bought a place helped my parents buy a place. And then just what you know, people in real estate, do they start to kind of look around in places?Would you say that when you do your loans, you do it from an investor's mindset, versus a traditional residential mindset? Because most let's be honest, most most lenders, it's at least consumer friendly. They're gonna think a realtor lender, their commodity, and you just want to get a loan most lenders, right? But if you're coming from an investment mindset, that could be a value add, how do you play that in your business? Because I think that's where the markets going, I think everyone is going to be very investment conscious. People will slowly start buying on emotion, and they're going to start using the numbers again, like they did in the past. So what is your How do you approach that?Yeah, so no, really good question. I think, you know, going deeper with the purchase of a real estate purchase is super important. Yeah, I need a loan today to close on this property to buy it right. But what are your plans for that property? Do you plan to stay in it for the rest of your life? Most people that's not necessarily plan or how it's gonna play out, right? Do you plan to add value to renovate the place? Like, is there an opportunity to create some upside and equity in the place and potentially talk about, hey, listen, if you do this to the property, boom, that's like, that's a source of capital, you can eventually tap into, and when done correctly, help kind of build wealth or put it elsewhere, if you're investing it, potentially in real estate again, so investors, you know, kind of realize this, this concept of, you know, buying properties that might be a little bit distressed, or have upside in the sense of, you know, bringing a dated property to something that's more modern and improved increasing rents. And then usually the money you spend on renovating or improving a property when done correctly equates to a number that's higher than what you spent on it. Right. And so for a lot of people who don't have unlimited sources of capital to keep, you know, putting money down to buy property, they use one property to to leverage to purchase the next one, right? So that that first purchase so for a homeowner who maybe that's not their immediate plan, you we try to go deeper with you know, what are not just your your homeownership plans or purchase plans, but like, what else do you have going on in your world right now? How can use this opportunity to help you slowly build wealth and build a roadmap to accomplish some other things financially? So we just go deeper with kind of questioning and purposes of why why this home? Why this price point? Why this neighborhood and then just try to inform them and educate them with all you know, the opportunities that can come with real estate, to help them in their family moving forward.So how would a realtor though, what do you believe a realtor should be doing in this market? Because I think you're on I think agents need to be investor friendly. Most of them aren't. Most agents don't even have an investment property they own yet alone, working with an investor advising them how to cap rates, cash flow, and all of these other things. So how would you as a realtor adjust to this market is I don't know what's doing in Canada, but things have slowed down here a little bit. In most markets have slowed down. We've seen a depreciation, but it's still busy. It's so weird, because it's still there's lack of inventory. So things are still selling, although the prices have come down a little bit because of inflation rates all the above. So so so odd. It's such an odd time. It's such an odd market.Yeah, we've found here and I pay attention to a lot of markets in the US like there's, you know, with the with the run up over the last, I think, was listening to Barry Habib, who's a great resource. Yeah, last, I think it was like around 12 years, it's just been steady appreciation in real estate, you know, nationally in the US, and we've had like ultra low interest rates. And now in the last, you know, in the last, you know, 1218 months, we start to see a run up in rates, the cost of boring, has increased dramatically. And, you know, the price of real estate hasn't really come down to the point where like, that increase in borrowing costs is like matched the deal you can get on the house. So, you know, conversations, you know, 12 months ago, were largely about, you know, helping people who cost of goods and inflation is already running rampant. But now, cost of borrowing was kind of a lagging piece, that now is just only exasperate grading the problem of affordability right so it's just, you know, for realtors and other professionals in the space, you know, my biggest recommendation is like, don't you got to be there for your clients. There's there's not like they need to be heard. Sometimes there's opportunities where you can help them sometimes it's just providing them with context and perspective of what all their options are and there might not be any good ones, but making sure you're there for them to so that they know they've exhausted everything that's possible or Okay listen, this is an opportunity right now when rates are you know 5.99 But if rates come down to like 5.25% for your situation. This is where we can kind of take advantage of it, where we can free up, you know, a few $100 a month in cash flow, pay down some other debt that we're carrying, but not right now. And so we built kind of a roadmap of what all our options are, you know, I know, we didn't ever plan to sell this house, but you know, how has that conversation, you know, come up, and just having some hard conversations, you know, with clients who you know, might be suffering, just be there for them. So that was a big part of the year, and then you know, those people will always remember that you were available for them to help and share your expertise and educate when there wasn't a transaction there for you to, you know, potentially close, I found that, you know, most of our, you know, we're in the relationship business, most of my business is referral based and has been for the last, you know, 910 years. And it's, you know, not every conversation is going to be one that leads to immediate sale. But listen, you know, we're, again, I was being to it earlier, like buying a home or an investment property, it's like the biggest purchase, someone's going to make the largest debt they're going to take on, we want clients to take it seriously. And we should take it seriously too. And that might involve quite a few conversations before and after helping someone and being there for them. And they're going to remember that and tell their friends, their family, their co worker that hey, every single time, you know, there's a there's a rate announcement happening. Yeah, I know, Josh, and I had the same conversation last time. But you know, what my wife is, you know, has anxiety about this thing, or when the news pops up, or social media or friend talks about it. It just, we get concerned. And we just, you know, you're you're the kind of, you're the person, that's the kind of the voice of reason, or at least laying everything out for us once again, going back to the fundamentals of our plan. And so that that's been a big part of the last year and now is like rates have, you know, hopefully kind of stabilized a little bit and come down a bit, since what we hope that peak is, there's just no lack of demand for real estate, okay. And so even though transactions have been largely down in both Canada and the US like, majorly, it's not for a lack of wanting, like people's goals, for homeownership and building wealth, and real estate investment haven't changed. It's just, you know, the fear, the fear piece, right has scared people to put them on the sidelines. And also just the cost, the cost of boring doing business are increased, right, so margins are thinner, and opportunities need to be vetted a little bit more, and I've just found on our end of things, you know, I look at my kind of my conversion, you know, my conversion over the last, you know, six, seven years hasn't swayed from, you know, 30, to 38% of leads into closing, right, and what I've noticed in the last six months of conversion has gone downward to about 20%. Just because the sales processes a lot longer people's appetite. And just you know what, when rates were, you know, in Canada, they're a little bit lower than the bottom of the US, you know, one and 2%. I mean, it was tougher to find reasons not to borrow money to do something with it, then, to actually find the reasons of why it's justified to borrow, borrow money to invest, do that home renovation, throw a pool in the backyard, go invest buy two, three properties, because capital is so cheap, and the cash flow you're going to generate on that it's going to pay all the bills. But when things change, right, the math is a little bit different, people are spooked, they gotta look a little bit harder, they gotta try a bit harder. They gotta build, you know, their power teams got a little bit be a little bit stronger in terms of the resources. So right now, I think, you know, long answer to your question, is that, yeah, I think opportunities are coming. They're not crystal clear just yet. But you know, there are a lot of different macro economic things that we've seen happen over the past couple of years. So we're seeing, you know, wars, we're seeing bank collapses, you know, this money printing has just been unbelievable. In supply we're seeing now we're seeing some things happening to do with, you know, oil and currencies that, you know, I don't think we're just starting to see, we haven't really seen anything, actually, except for dialogue around some of the BRIC countries now coming up the dollar with, you know, trade and oil. And there's going to be some big implications of that, right. And while you know, supply and demand with, like, the demand side of real estate, is stronger than it's ever been. There's gonna be some macro economic factors that come into play that might shift the whole dynamic of supply and demand and pricing and costs of boring. So it's gonna lead to opportunities, right? One way or another is just you want to have the people around you to be the right resources to help you identify and present them to you, along with you, you know, investigating what might be there for you to invest in for you and your family to take advantage of for the next five to 10 years. In my books.If you listen to what we're talking about, we're talking about repositioning your business like the days of you going out there man, I can help you get in a car and go help you find the jungles of your dreams like those are fucking done. What we're talking about is repositioning and approaching your business like a financial planner, but for real estate, focus on the investment side, keep people out of trouble and talk them out of buying more houses and you talk them into it. And that positioning alone will help build your authority. If you look at his numbers right there, he's converting half is converting about 40% less than he was a year ago, and would be in the show. So what you have to do, you have to work twice as hard, you have to market twice as hard, you have to create twice as much content, because the transaction count is down. And every indication right here is, is going towards like, Hey, you have to analyze the investment aspect of it. Like, and it's you have to be investor friendly. You guys in these markets and investor friend doesn't mean only working with investments, it means stop selling people houses, or homes and start selling them wealth. There's a difference in how you position your business. And if you're just a typical realtor, you're just a typical lender that can get them the standard rate than anybody can, you're just a fucking commodity, you have to reposition and you have to own a niche, the niche I'm screaming from the rooftops right now is investing. The reason for this is that investors are not going to be emotional about a purchase, they're not going to sit on the sidelines, they're sitting on the sidelines right now waiting to pounce, and all of those investors are not going to buy one or two properties, they're gonna buy three, or four or five, and they're gonna keep fucking buying them. And then you're gonna get a listing on the other side for the ones that are turning them over quickly. So what I'm screaming here, and why we have Josh on this on this call is because everything he's talking about is telling you what skills you need to develop to obtain market share to obtain transactions. And the last in this community, the vast majority, a lot of people who go out of business, if this shift happened, it's already happening in the lending world out here, I could tell you guys we used to do about, we used to script and distribute videos for lots of lenders, we lost almost all of them. And that's because they're not transacting, right, they have to cut costs. Right. So when you know this is happening, there's a big opportunity here. And the opportunity is is that we know our current competition, whether you're a lender or agent, your peers are losing transactions, and many of them are going out of business. That's an opportunity for you. Right? But ultimately, what are people going to look for in this next market? Who is the agent that can actually go out there and analyze and say, Well, look, the other rate today is 5.25. But due to inflation, and we know that do that, that the recession is, is here that rates traditionally go down, according to Barry Habib, and you need to know this stuff, guys, because these are the conversations people are gonna have I could tell you in the last crash, no one talked about its highest and best. Everyone talked about, give me the fuck out of the situation. And you got to get that traditional mindset out of your head the highest and best, highest and best, get that out of your mindset. Because in a distressed market, no one cares about highest and best, they care about what's best for them. That's not always the highest price. Sometimes that's involving them selling more conveniently. Sometimes it's involving them doing a 1031 exchange. Because it's an investment. Sometimes they're going to be asking you to hey, is this a good investment, and that's going to be bringing its property to its highest and best use, which means you need to know the zoning laws, you need to know opportunity. You need to know cost. You need to know investment costs. You need to know rehab costs. Because anyone who's going to hire you, you are going to ask these questions. And if you can't answer them, I'm going to Redfin with a flux of difference.Yeah, the opportunity to to work and help families with investing in real estate is is so sky high, because you said it earlier is you know, once someone buys one, one rental property, and if it's cash flowing, working out for them, they're just gonna want to keep doing it. Right. So you rarely meet an investor who buys one property and stops there. And I think one thing that gets missed for people who aren't, you know, in tune or educated on real estate investing is just like, the two most important pieces with with real estate when done correctly leverage and control. So, you know, typically, if you have $100,000, okay, you can buy $100,000 worth of stock or mutual funds or bonds. But with real estate, you know, when you're looking at buying a rental property, most places the general rules candidate us are if you have $100,000, and you're buying investment property, you can buy a $500,000 asset 20% down. Yep. So $100,000 in the stock market gets you $100,000 worth of stock mutual funds in real estate, it's 505 times your investment, why that's important. Dollar rising the math, okay, so we're not here to kind of like speculate on you know, appreciate but but if you look at it this way, okay, if over a tenant like you take one year, okay. 5% appreciation on that on that $500,000 house. So if that house goes up 5% $25,000 $25,000 divided by your 100,000 investment. That's a 25% rate of return on your initial capital 5% and appreciation equals 25% on your capital. The stock market, if the stock market goes up 5% 5% On your capital, you need to actually get a 25% rate of return in the stock market to generate 25.So in that, and you said that perfectly but that's what that conversation is the conversations that are going to start happening in the kitchen tables across the countries, Canada do any United States and that's that's the conversations that need to be have. And it's too often that like, and I see it every day, because because most let's be honest, like the average Asia I don't know what is in Canada and the United States us six houses a year. Like that's it like a very comparable, it's, it's it's insane. It's like, first I don't know how you can only sell six houses a year, you have to be closet agent, like you literally have to hide for six for 12 months to only sell six houses a year, like you're gonna walk past 40 5060 100 people they're gonna be in the market, just over the course of three months, you got a loan go year, the only sound sticks out. So that's another show, right?Well, that's like, you know what I heard a quote, I have a lot of realtor partners and colleagues who are with Keller Williams, I know that they're one of the biggest brokerages I'm pretty sure in the US. And I go to a conference there every year. And I remember Gary Keller mentioned a quote that like for me, because I've invest in real estate, like I get it, but it just kind of opened my eyes even more and then I hope it did for I'm sure it did for a lot of people's, like, every great investment deal. Has through the hands of at least one real estate agent usually. Yeah. So like, they could have had the opportunity of buying it. But it passed with their hands, they looked at it or they didn't look at it. They weren't capable or didn't understand or realize it but like every great amazing deal typically is passed through someone's hands and it's just like, why does that have to be the case? You know, what, like, not everyone has unlimited capital, but it was just like, that's that's a funny concept right? If we know the return of something an opportunity that's there like why don't we try to take advantage of it or work toward being in a position to be able to take advantage of itright so we have a total perfect story so like we have a seller lead generation we set seller appointments and a different business for those are interested in that that's called owner advocate agent.com owner advocate agent.com And we give sellers multiple options to sell their property so we give them a fix and list program a bridge loan a cash offer a sale leaseback and we have an offering our offering is like the Expedia of real estate, you know, pick your five, six different ways to sell your house, you pick which one is right for you, they're all gonna have different knots, they're all gonna have different time links and processes. It's just based upon the goals you want. So we're selling through options. But yesterday we get a we get a we send out a lead and the lead that house is owned outright. It's worth 350 He only owes 87,000 on it. And the lead goes specifically says hey, I don't want to be he goes I don't want to relist with a realtor, I just want a cash offer. I'm gonna move down to Tennessee and I'm gonna fucking retire, guys is done. He's 87 years old, he eases over it, you know, this is a perfect investment opportunity for a investor, right? So in the lead up to the agent, agent goes, doesn't even like didn't follow up with the investor yet. I'm like, Dude, what are you doing this like goldmine. And he's just like, he wasn't approaching it. Like, why didn't I just buy this? He's approaching it as a listing agent. And he was about to not even call the person because they said, Hey, I don't want to talk to a realtor. Would you rather make a $7,500 commission on the $300,000 house? Or would you rather make about $75,000. And it's that mindset, and you're right every single year, and I don't come across them anymore, because I'm no longer really practicing in San Diego, but Chicago, like, gosh, you're you guys are just naturally going to come across a home run one to three times a year. Naturally, that's without even looking at just because you're in the business, right? Yeah. And the question is, do you have the skills to take that fucker down yourself? That's what it comes down to? And if you don't, why aren't you going out and finding them? And why aren't you going out and doing that? Why don't you learn this? Why don't you go and meet guys like Josh or partner with people or go and hire grant cardones coaching company or whatever, go there's millions of freakin education out there. You guys can learn this stuff. It's nothing you go to college for I promise you that you learned from other people that are doing it. And then guess what you have? Because here's what happens like Josh was me. And you were sitting there having a kitchen conversation. And you're telling me about how many doors you now need 90 doors and just the fact you said Yeah, I have 90 doors. I'm not even fucking interviewing anyone else. You're going to talk through experience based upon what you do. And then the positioning from that instantly you have my respect. So I own 90 doors and here's how I finance all of them. Because I'm all about cash flow. Are you interested in cash flow, Mr. Seller and Mr. Buyer? Well, yeah, well, here's what I did in my scenario, and then here's what I would recommend doing in yours. You have the track record to do that. And I could promise you that there's not too many mortgage brokers out there that Oh 90 doors that put positioning as you're selling a totally different product and service, you are no longer a commodity, you are an expert.And that's, you know, what, how we've positioned our business our team is being like, teaching by doing right. And and I think it's, I'm just passionate about it, because I can see how how real estate investing can build wealth. And the fortunate thing that, you know, mortgage brokers and realtors have in their business is like, you know, we're not selling like widgets, or pens, we're actually involved in something that is super, super meaningful to the large majority of the population, homeownership building wealth, you know, and a lot of times, it's just comes down to go in deeper with your clients and explaining, okay, people talk about building wealth or generational, but like, what does it teach person? Is it being able to retire at all, or retire? living life on your own terms, travel, pay for your kids education, pay down debt, pay off your mortgage faster? What is it to you helping a family member in need? Right? So there's just such an opportunity that it's okay, if you don't understand real estate investing right now. But don't put yourself in a box and say, I don't do that you have to do that, whether it's for clients, or for yourself and your family, you're right in front of you. It's so easy, and it's not complicated. That's the thing, right? Oh, 90 doors? Well, it's, you know, it's been very purposeful over the last 12 years, and also the real estate investment community, at least from Canada. And I've started getting involved in the US and we have one of our big educational groups that have just migrated to the US right now. You can hit me up for that as well. And I'm happy to make some connections in a few different states. But people in the real estate investment community are usually very open books and willing to share and very much of a pay it forward mentality. So we have so many opportunities to lean on those resources to to learn and educate if you're not there. And then you could pass that on to your clients. But even if you don't want to do that, do it use it for yourself. Because like I said, the leverage piece. The other thing that's often forgotten is, you know, every month that you know, like, so you have leverage, right. So so the appreciation factor is nice, okay? If you can achieve it long term, which you should. And next, you know, principle pay down. So this is another concept, every if you have a renter in a house or two renters, right, and the total rental income, that total rental income is at least breaking even with the expenses you have on the house. Keep in mind that every month your mortgage is getting paid down, getting paid down, so So the tenants are paying down the mortgage for you and every month that your mortgage goes down 500 or $1,000 a month, that's 500 to $1,000 a month more of equity you have in your house. So on a typical mortgage amortization schedule, every year like at rates. So when rates are in like the two to 3% range on that investment property, what that pay down equate equated to was about nine to 10% per year of equity game. Now, depending on where you're at with your rates, if you're in the four or five 6% range, that pay down factor is about three to like somewhere between three and 4%. So you do nothing every year. Okay. And if you just broke even, you're making today about 4% per year. Okay, that's not including appreciation. And then there's cashflow cashflow, you can determine before you pull the trigger and buy, you can ask you can see what the rents are, or you can estimate very closely what something can rent for. So if you know you're buying a house at 400 $500,000, and you're going to collect $1,200 A month times two units $2,400 We work and these are the things like these are the conversations we're a part of with our clients. well in advance. So client comes to us, hey, never invest in real estate before. What can I do? How can I do it? Where do I get money from it? Will I get cash flow? Can I payment, we're here to map it out and illustrate every version of what's possible for you. So that there's no kind of guessing after you get the keys and get your first month. So it's all pies the best, highest and best the other main thing so we talked about, you know, leverage so the concept of $100 Gets you $500 of real estate $100,000 downpayment gets you 500,000 in real estate. Now, there's principal pay down someone else paying down the mortgage for you, and there's monthly cash flow. So every month few $100 Maybe $1,000 a month, positive between your rental income, your expenses, those are three different ways that your rate of return. So over the long haul, like when you hear people sometimes Grant Cardone other people saying, Oh, I'm getting 25 to 40% annually on my investment that is a real number. That's real when you add in appreciation, cashflow and principal pay down. We talked about you know, a 5% appreciation equals actually a 25% rate of return Okay, if you're taking a five or 10 year period, I think that's a reasonable number to work off of, then you add in, you know, two to 5% in cash flow, and then you add in four to 10%. At different times and principal pay down, you're easily there. So that's, that's massive over a long period of time. This is this is why investors when they understand this concept, and it only takes you know, a couple of conversations, and we'd like to dollarized things, right, I don't like when we talk just all these percentages verbally and through these, I want to show you in dollars with dollars that you have access to the math and I find that when you illustrate these things, it can be a lot more powerful. One gets into one property. This is why we have clients that by four or five, you're educatingme like you're teaching me but you're also demonstrating your expertise. talk's cheap guys, you got to have the experience or the skill set to demonstrate. And that's ultimately comes down to there's a, I think just knowing your market highest and best, like, I'll give you an example in in California, crazy Governor Newsom passed a zoning ordinance because it was like a big housing crisis. And it basically removed all r1 zoning, which basically means that if you have a single family home, you could pop in like two or three Airbnb ease on it. So there's some people making killer cash right now. Now, I told you guys are gonna have to work harder in this market. So I'm gonna give you a fucking really easy one, I'm going out and I'm finding all the irregular lot sizes, okay, that Airbnbs can fit on multiple of them all residential properties. And then I'm going to cross check that data with distress, I'm gonna see which of those people have high credit card debt, which of those people have been in the house for long, and which of them have a shitload of equity, how old they are, and all of it, and then I'm going to fucking door knocking or cold call them with an offer. Because the same thing happened when that switch to cannabis in California and those right when I moved here, and I remember that that time, they just switched to zoning. So and there are so many people that didn't realize overnight, that their land value just because of the zoning change literally shot up to seven figures because you can now grow cannabis on it. And and the people who made a lot of money in that were the ones who knew the zoning laws, and they would go out and buy the property. And then they could turn around and flip it easily for probably a million dollar profit because the zoning what you could do with it in the future. So knowing highest and best use in your market, not just on the property in the cosmetics and adding a bedroom adding a bathroom, but the zoning to it, what can you do with it? This is what's gonna be required to survive in these markets, I firmly believe that every real estate team will eventually be a hybrid investor offering. I think that that's the future real estate. I don't think I think commissions are gonna get compressed, eventually. They already are in many areas. And with that, you're gonna have to think a little bit smarter. But what if you had to buy an arm into your team or your brokerage even as a mortgage broker? You're doing it right now? You're not starving Are you know, the rates dip right now and you have a slow six months? Do you? Are you really going to be affected? Because you have 90 doors? No, five?Yeah, absolutely. I mean, I'm talking about yeah, that's, it's just, you know, it's building for tomorrow, you don't know what's around the corner. You know, everyone has, you know, different values or obligations and family and stuff like that. But it's always just thinking about, you know, what's happening today, it's not going to be what things are, like, you know, tomorrow, next week, next year, so you got to plan for the unexpected, and a big thing for me that kind of wrap my head around, you know, constantly wanting to do more in my mortgage business or real estate investing was framed before and it was just like, listen, like if you have opportunities that are available to you as a result of you know, you working to educate or your resources and your circle, and you're not taking advantage of them. Like are you really responsible? Are you responsible to the people within your business? Like, are you are you putting off opportunities that could help you know, some members of my team because there's more revenue that can come into the company? If I told you know, my wife or kids five years from now, hey, yeah, you know, what I could have? I could have earned or grew our net worth by X amount. But you know, I justdidn't we could have had a vacation home in Florida kids, but I just decided not to, they'd be pretty pissed at you probably right now. No, he'sfine. Like, you know, sometimes people are like, oh, you know, I'm good. It's slow, but I'm okay. I'm happy. Like, what? Why should I want to do more uncomfortable a things can change. That's the number one thing, right? And number two is like you know, think about your family. Think about the other people maybe putting yourself in position and be able to help a family member in need. And maybe that will motivate you a little bit more if you're content with your current situation. Think about the other people around you that you care about. And it should be you should look at it as your duty right I think CARDONE says it to success is your duty. Well, if you look at it a little bit deeper as like, you know, not everyone has opportunities in front of them to pursue that can help build wealth. A lot of us do have that, especially working in real estate, the right in front of us everywhere. It's just a matter of building your team and resources and want wanting to learn and grow. That's the key part.Folks, if you're not going to events, like I I in oh seven, when I did it all the short sales it was most successful I've had in my career, I forced myself to learn that. And because I saw the opportunity, and I learned it for two to three years, I was going to every conference and it took a while to learn. But the result, the end result of that was like we made millions of dollars. Like, you have to want to learn and educate yourself. But we're telling you guys what to learn and educate on is the skill set, go deeper in real estate, don't just sell it, don't just sell loans, invest in loans and invest in do it yourself. But if you can't get there to do it yourself yet, you still need to know about these terms, cashflow, highest and best use. You need to know credit financing programs to leverage debt, you know, big things like there's a ton of investment friendly programs that are out there. Right now. I don't know if they have them up. And I think that loans are a little different Canada in the United States. But there's there's a lot of asset based loans that are meant for investors that you can leverage.Yeah. commercial, commercial, like the average. Yeah.And if not just me, there's a ton of private money. And you probably have all of the private money right on your Facebook feed. Like if you just reached out and just went to some of your friends, like, why can't you start syndicating deals? It's not hard to get the money, you just have to actually try it. But it all starts by educating yourself. Where would you suggest people where did where did you get learned about investing? And then we'll get the show wrapped up? If you want to give any people some final advice?Yeah, you know, in Canada, it was a group Real Estate Investment Network, I promise you you Google real estate investing or honestly, I'm always a big advocate of getting introductions from people I know. So anyone in your circle, if you're in real estate, you have to know someone whose real estate investing, go ask them first, you'll also you also build a deeper connection with that person as a result of expressing that you want to learn more, right? I guarantee you majority of those people, when you ask them will be happy to share plenty of resources with you, you'll get an immediate connection. So that's where you go online YouTube, there's you know, a few pretty good follows you know, Grant Cardone is a great, great follow, I'll share, maybe I'll send you some notes of some of my top people in real estate investing, but I mean, talk to the people,I'm gonna have to pay for that. What are you talking about, I'm gonna have to pay to buy a course, you can't pay, I can't pay $500 To buy a course, that's not a good investment of my time. Instead, I'm gonna go to college and rack up a $40,000 debt that I'll never pay back.Like, that'd be a great episode, the college comparison. Yeah, likebooks, investors, people selling info, Spy it, they're not selling info, if they don't know what the hell they're doing. Yeah, there's some fake fake people out there. But it's pretty easy to spot them out and just start learning that the reality is, is that like, you'll buy many courses, and you'll pick up a little golden nugget out of each one. My only goal with events and buying courses was like, if I could just get one thing out of this, I'm thrilled. And there's always one thing and every bit of information that you buy, otherwise, that information has beensold. Every, every single time you pull something from events, that's a big piece, but talk to your own circle, use Google, you'll have you know, my contact information, I'm willing to share my own, you know, resources, you know, a lot of them in Canada, a lot of them in the US to starting fresh in the US when I came down here a couple of years ago, got a great community that's growing with that have you know, we're aligned with our goals, a lot of great real estate agents, investors, community, the group that I'm part of wealth genius here is now when I think like nine different states and they're growing rapidly, I'm actually coming down to Ohio, in June for a boots on the ground events. So basically, they will walk through a bunch of sample investment properties that might you know, look attractive that are currently on the market, get to know the city in a few different areas. So looking forward, and they're doing that all over the country actually so interesting.Well appreciate it Josh. Why don't you tell everyone where they can find you give them your handle really quick or where they can connect with you and we'll get this rep. Yeah, best.Thanks for having Mike. It was a pleasure. Best place to reach me is on Instagram underscore Perez Josh. You can also reach out to me by email Josh at Synergy mortgage group.comI appreciate you dude. And we appreciate you guys listening to another episode the real estate marketing do podcast folks if you have any additional questions you need to get on video once you visit my site real estate marketing do.com was script edit and distribute your content for you. We'll put you on the map stop making you creepy and start making you a whole lot more marketable. So you start attracting business. And if you like what we talked about today, and you need to sharpen up your listing presentation or your offering and go visit owner advocate agent.com owner advocate agent.com Check it out and you'll see how you can sharpen your skills so that more people actually want to work with you because the old days of hey, this is the only way you sell your house those are gone start selling options and people will be a lot easier to convert more importantly build your trust and differentiate your brand. Appreciate guys listening. We'll see you guys next week on next week's show peace out thank you for watching another episode of the real estate marketing dude podcast. If you need help with video or finding out what your brand is, visit our website at WWW dot real estate marketing dude.com We make branding and video content creation simple and do everything for you. So if you have any additional questions, visit the site To download the training, and then scheduled time to speak with the dude and get you rolling in your local marketplace. Thanks for watching another episode of the podcast. We'll see you next time.Transcribed by https://otter.ai

Justin Chung is a father to two kids, a husband, and a real estate investor who turned a $48,000 loan into an 8-figure real estate portfolio. He has won multiple awards including Real Estate Investment Network's Top Player of the Year for two consecutive years and Joint Venture of the Year, as well as the recipient of Canadian Real Estate Wealth's Joint Venture of the Year. Through joint ventures, Justin helps others build long-term wealth through the acquisition and management of the positive cash-flowing residential real estate. He is also the producer and host of the MoneyDad Podcast, which is a new podcast that launched in April 2022, dedicated to helping parents raise money-smart kids. In this episode we discussed: His journey through real estate and into joint ventures How he qualifies Joint Venture partners How his business has evolved Challenges he experienced in property management and what he learnt from those challenges The Alberta real estate market Moneydadpodcast show. and much more!  Follow Justin Chung's social media on: Instagram: https://www.instagram.com/moneydadpodcast/ Website: https://www.moneydadpodcast.com Follow Mayu on Instagram at: https://www.instagram.com/mayu.thava/ Follow Austin on Instagram at: https://www.instagram.com/austinyeh6/ Follow the RISE Network Facebook at: https://www.facebook.com/groups/risenetworkevent

On to this week's show! We have old friend, best selling co-author of Joint Venture Secrets, former Vice President of the Real Estate Investment Network, real estate coach extraordinaire Russell Westcott! Russell is here today to share with us the 7 advantages Canada has over the rest of the world. Russell has owned over 100 investment properties through the years and sharing how he's pivoted to adding middle term rentals to his investment portfolio and shares the numbers and why he's buying new construction houses to suit his strategy. Anytime a best selling co-author is sharing how they're investing their own money, I'm listening so make sure to be taking notes! As always, it's an honour to welcome back my old friend Russell Westcott!   To Follow Russell: Web: www.Russellwestcott.com YouTube: https://www.youtube.com/c/RussellWestcott Podcast: https://russellwestcott.com/category/podcast/

  Gary was born in the UK and started investing in his native country during his time in the Royal Navy, He emigrated to Canada after 11 years of service, which saw him travel all over the world before settling on Vancouver Island. Investing on the island for over ten years now, Gary has won awards from Canadian Real Estate Wealth Magazine and The Real Estate Investment Network for his strategies and success and has been nominated for countless others. In this podcast, Gary discusses how to look at a property investment from a business perspective, how to think about time as an asset, and how to make sure your portfolio is ready for any unforeseen circumstances. Gary's advice is practical and could be beneficial for anyone interested in building passive wealth through real estate investing.   [00:01 - 06:36] Opening Segment Get to know Gary Spencer-Smith His real estate portfolio at $12 Million in properties. Used to be in the Royal Navy for 11 years until he got injured in service. Purchasing five acres of lakefront with cabins per restaurant His active business is renting Muscle Houseboats to clients. An engineer by trade.   [06:37 – 11:24] Learning the Concept of ROI and JV Moving south, he sold his house. Doing the math, Gary realizes he can rent it out and earn $200 more every month. He promised himself not to commit the same mistake again. Dealing with his cousin, he starts to rent out his property. is making a 333% return while still owning half of the property. Eager to duplicate what they just did, Gary educates himself Seminars Building Networks. Gary realizes that Joint Ventures was a way for them to move forward. Forming a property Management Company.   [11:25 - 18:05] Being a Property Manager and How it Works How his business continues while he had a bike accident. If you manage a house “pay yourself the 10 percent because if something happens to you, you're going to have to pay somebody 10% anyway” – Gary Spencer-Smith The importance of setting aside money to reward himself after working hard, and how it can help motivate him to continue working. Emphasizing the importance of having a long-term perspective and diversifying one's portfolio. Understand the real risk and rewards of real estate to help you live that life you love.   [18:06 - 25:06] Knowing Your Industry. Buying a commercial property, there are many complexities involved that require time and effort to learn. Gary's main advice is to be patient and to have a realistic estimate of what the property is worth. When buying a commercial property, it is important to have a good team of professionals; accountant, lawyer, and real estate agent. Gary currently refinancing their property and is looking for a good return on investment.   [18:06 - 25:06] Closing Segment. Quick break for our sponsors The first step to growing your wealth is tracking your wealth, income spending, and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor.  Learn more about Personal Capital at escapingwallstreet.com What is the best investment you've ever made other than your education? His first deal, Introduces him to ROI and JV's Dan's worst investment His one deal with no contract, What is the most important lesson that you've learned in business and investing? “Just take action, absolutely take steps..” – Gary Connect with Garry Spencer-Smith through LinkedIn Visit his website http://www.revnyou.com/   Invest passively in multiple commercial real estate assets such as apartments, self-storage, medical facilities, hotels, and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. Join our Passive Investor Club for access to passive commercial real estate investment opportunities. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                      Tweetable Quotes: “Just take action, absolutely take steps. Nothing is going to teach you lessons or not. Nothing's going to help you get results” – Gary Spencer-Smith "The math should work when you pay the 10%. The second one is if something happens to you, you're going to have to pay somebody 10% anyway. So you want to make sure the math still works at that point." – Gary Spencer-Smith  

Pushing beyond the comfort zone, being bold, and aiming high are sure ways to make someone grow and become the best version of themselves. Today's guest on the Savvy REI Show is living proof that this kind of positive, bold, and ambitious attitude can lead to amazing business success. The winner of the Real Estate Investment Network's Top Player Award in 2017 and the co-founder of Peak Multifamily Investments, Mark Baltazar has 18 years of experience in business strategy and corporate consulting. In this episode, Jose and Khadija will have an inspiring conversation with Mark about his business, his journey to success, his strategies, and the most important habits that a successful entrepreneur should have.   You'll learn what Mark is doing right now and what his portfolio looks like. You will learn what size Mark prefers in terms of the number of units, as well as what ROI metric he uses when underwriting deals. He will reveal how he structures his deals and how he gets investors involved. You will find out what to spend money on when you do renovations so that you can charge the highest rent possible.  Mark will also share how to work on your mindset to continue achieving that momentum in your business and much more. Join Jose, Khadija, and Mark for an exciting conversation filled with valuable insights from one of the most successful real estate investors.  Enjoy! What You'll Learn in this Show: What is a specific size that Mark likes in terms of the number of units The ROI metric that Mark is looking for when he's underwriting his deals The largest obstacle when it comes to raising money for multifamily deals How to work on your mindset to continue to achieve that momentum in your business And so much more... Resources: https://www.instagram.com/mark_baltazar/ (Mark's Instagram) https://www.facebook.com/Mark-Baltazar-709723302798371/ (Mark's Facebook) https://peakmultifamily.ca (Peak Multifamily Investments Website) Mark's email address: mark@peakmultifamily.ca  https://savvyrealestate.ca/ (The Savvy Real Estate Group)

It's tough to estimate future costs. However, as you approach retirement, you'll have a better idea of how much money you'll need to maintain your current standard of living, and real estate is an ideal opportunity to start investing. Real estate generates constant cash flow, appreciates in value in lockstep with inflation, generates a higher return owing to positive leverage, and allows for equity development through debt reduction.   In today's episode, we will be joined by Jules Mckenzie. Jules Mckenzie and his beautiful wife Ange have been investing in residential real estate for 19 years in Orillia, Ontario Canada. Jules and Ange manage their own properties. Jules is a police officer with Rama Police Service. He is also a member of the Real Estate Investment Network and receives ongoing training and support to continue investing.   Listen to this podcast and discover how to not rely on your pension!   Highlights:   [06:23] How did Jules McKenzie get his start in real estate? [14:05] Jules Mckenzies's First Experience in Renovation [15:55] The best $5000 Jules has ever borrowed [17:30] Why is Jules scared in Renovation Projects? [17:30] Jules experience with Elite 52 Coaching Program [21:23] What motivated Jules to pursue a career in real estate rather than rely on his pension? [21:23] How is Business Skills Transferable on a Full-time Job?  [28:10] What kind of properties was Jules concentrating on right now? [32:26] Jules' Advice for New Starters  Links:   Website: http://www.mckenzieproperties.online/ LinkedIn: https://www.linkedin.com/in/julesmckenzie/ Instagram: https://www.instagram.com/mckenzie.jules/?hl=en Facebook: https://www.facebook.com/jules.mckenzie.50 Twitter: https://twitter.com/mrjulesmckenzie?lang=en   People Mentioned: Don Campbell Patrick Francey

Jules Mckenzie has been investing in Real Estate for over 18 years. Jules uses a simple buy and hold and rent strategy. Jules and his wife Ange have acquired over 50 properties by developing relationships with people who became their investors. In more recent history they have sold and refinanced other properties to pay out investors and are holding on to 13 income producing properties. Jules is also a police officer with the Rama Police Service, which polices Casino Rama and the Rama First Nation. Jules gets his support for Real Estate Investing from the Real Estate Investment Network which is a group that he had been a member of for over 18 years. Jules and Ange Mckenzie are married and live and Invest in Orillia, Ontario, Canada. Get in touch with Jules: http://www.mckenzieproperties.online/ Instagram: Mckenzie.Jules Twitter: @MrJulesMckenzie Facebook: Jules Mckenzie Linkedin: Jules Mckenzie https://reincanada.com/ https://www.ramapolice.ca/  _____________________________________________ #RealEstatePodcast | #RealEstateAdvice Wanna know more about Barri Griffiths and the WWRE Podcast: https://linktr.ee/wrestlingwithrealestatepodcast The WWRE Podcast is available on all platforms

Scaling any business is about figuring out the ‘how’ part.  On this episode, Jake and Gino talk with Rich Danby. Rich is a full-time real estate investor, and the founder of Rich Ottawa Investments. He is the winner of the “Joint Venture Partner of the Year” award in 2015 by the Real Estate Investment Network and “Top Player Award” in 2014 and 2015 by the Real Estate Investment Network. The key takeaways include the following: Failure is the best teacher. In order to get into any industry, including real estate, first think about the problems you can solve. Focus on solutions. Don’t chase money, chase opportunities. Don’t look at mentorship as an expense. Look at it as an investment. It can help avoid costly mistakes, learn faster and shape up a better life. Learn more about Rich Danby: https://www.richottawainvestments.com/ Learn more about Jake & Gino: www.jakeandgino.com Apply for limited time, complimentary multifamily investing training: https://jakeandgino.mykajabi.com/freetraining Apply for Mentorship: https://jakeandgino.com/apply/

Here's What You'll Learn in our Interview with Mike & Mark: Can't qualify for a residential mortgage? Invest in apartment buildings Economies of scale and efficiencies in management Analyzing an apartment building purchase The pros/cons of separating hydro, gas, and water And much, much more! With over 15 years of combined real estate investing experience, Mark and Mike have transacted over $50 million in real estate, with holdings of nearly $20 million. Mike and Mark have developed a network of top professionals in the apartment building investing and operations space to ensure its partners and students achieve their goals. Mike is not only a Realtor but a full time investor who has been in the real estate business for over 10 years. His hard work, charisma, and true passion for the business has helped shape Michael's reputation as a qualified Realtor and  investor. Michael specializes in investment real estate mainly multi family income properties. He personally holds a portfolio of multi-family apartment buildings in Hamilton and surrounding areas. His knowledge of the city's geography can assist with all real estate endeavours. His business is built on: dedication, communication, determination and trust while embodying the ability to cater and adapt to all his clients real estate needs. With 18 years of experience in business strategy and corporate consulting on the global stage, Mark brings a wealth of business management and operational expertise to real estate investing. Winner of the Real Estate Investment Network's Top Player Award in 2017, Mark continues to build strong momentum in growing his real estate portfolio. His strong analytical background enables him to bring a strategic rigour to portfolio expansion and the assessment of investment opportunities. With 5 years of real estate investing experience across various strategies, Mark oversees Peak's capital raising, client acquisition, partner relations, educational content development while ensuring the company delivers on its promise of helping others build generational wealth through apartment building investing. Get In Touch With Mike & Mark: Website Podcast Instagram Facebook 

In this episode of the F.I.R.E podcast, we have Patrick Francey, a Canadian-based real estate investor, educator and business owner. He is the CEO of the Real Estate Investment Network, Canada's leading Real Estate Education program. Patrick is with us for a very insightful conversation on real estate investing, especially for women who think that real estate is a man's world.  Patrick will share how he started in the business by following the path of successful people in the industry, broke the barriers, and jumped into real estate investing himself. There are many things that you can learn from our conversation with Patrick and these nuggets will help you whether you intend to invest in a single family or venture forward to being money partners. So listen up, this episode may just be the icebreaker you need!   Enjoy!    What You Will Discover In This Episode: Important advice to women who would like to set forth into real estate business How to structure the business of real estate  Systems or processes a real estate business must have even if it only on a small scale Why is the insurance industry becoming a significant issue in the real estate industry Challenges on the Up-Down Unit strategy Challenges real estate investors face and how to overcome the "terror barrier”   Links: https://ca.linkedin.com/in/pfrancey https://info.reincanada.com/rein-research-reports-2 - links to the Millenial Report and the University Effect Report   Resources: F.I.R.E F.I.R.E. Facebook Group

Jules Mckenzie and his beautiful wife Ange have been investing in residential real estate for 19 years in Orillia, Ontario Canada. Jules and Ange manage their own properties. Jules is a police officer with Rama Police Service. He is also a member of the Real Estate Investment Network and receives ongoing training and support to continue investing.For this episode, we talk all about real estate investing and scaling in Canada, and he will share how he initially attracted investors to raise the money to buy income properties and allow these investors to enjoy the benefits of ownership in a passive way.[00:01 – 03:03] Opening SegmentI talk briefly about great values that await you in this episodeI welcome our guest, Jules MckenzieJules talks about his background [03:04 – 17:51] Real Estate Investing in CanadaJules shares the challenges he faced investing in CanadaStrict rules and guidelines they must follow and adhere to in terms of evictionDealing with Rent bumps in their marketDiscounts on wholesaling in the Canadian RE marketImpact of oil trade on the Real Estate market in CanadaCovid’s impact on the RE market in CanadaJules’ approach to addressing the concerns and issues on rent during the pandemicProviding customer service [17:52 – 21:56] Scaling Real Estate in Canada Jules shares his experience in scaling his real estate portfolio in CanadaAdhering to the different regulations and laws in their respective markets [21:57 – 30:38] Closing SegmentQuick break for our sponsorsWhat is the best investment you've ever made other than your education?38-unit townhouse deal in Orillia back in 2005What is the worst investment you ever made?Renovating a rundown property I bought in 2003What is the most important lesson that you've learned in business and investing?Screen and select qualified tenants to rent your properties toHave a strategy before you buy a propertyConnect with Jules. See the links below. Tweetable Quotes:“When you run out of money, what you bring to the marketplace is your experience.” - Jules Mckenzie“Ninety percent of this business is screening and selecting qualified tenants to rent your properties to.” -  Jules Mckenzie“Make sure you have a strategy for a property, before you buy the property.” -  Jules Mckenzie Resources Mentioned:Rama PoliceReal Estate Investing Network Connect with Jules on LinkedIn, Facebook, Instagram, and Twitter.LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes.

With 18 years of experience in business strategy and corporate consulting on the global stage, Mark brings a wealth of business management and operational expertise to the commercial real estate investing space. Winner of the Real Estate Investment Network's Top Player Award, Mark is a professional real estate investor and Co-Founder of Peak Multifamily Investments, a firm dedicated to helping Canadians grow generational wealth through apartment building investing. Mark talks about investing in multifamily properties, and how taking big risks can lead to bigger rewards. Check out Mark's podcast: http://apple.co/35KBGIp Find Mark on - Facebook: www.facebook.com/1MarkBaltazar Instagram: https://www.instagram.com/mark_baltazar/ LinkedIn: https://www.linkedin.com/in/mark-baltazar/ His website: https://peakmultifamily.ca

Guest: Mark Baltazar, Real Estate Investor 30 months does not seem like a long time in investing but when you have perseverance and focus you can do extraordinary things. For example in that time, this week's podcast guest Mark Baltazar, Real Estate Investor, has been able to grow his portfolio to $7.6 million in apartment buildings, has hosted a course, started a podcast and retired from his full-time job.  Mark provides insights and advice on apartment building investing and goes through the criteria of what a good deal looks like. He also shares his story of leaving his full-time job and how his schedule has changed. Finally, he shares insights on financing options and the various options to improve tenant cash flow and vacancy rates.  The main message is that anyone can invest in apartment buildings, as long as you educate yourself and surround yourself with the right people. It may seem harder at first but absolutely anyone can do it.   In this episode you will learn about:  Mark's story of leaving the full-time job world How tasks are divided with business partner Finding deals and financing options Tenant turnover optionsWhat is the exit strategy  With 18 years of experience in business strategy and corporate consulting on the global stage, Mark brings a wealth of business management and operational expertise to real estate investing. Winner of the Real Estate Investment Network's Top Player Award in 2017, Mark continues to build strong momentum in growing his real estate portfolio. His strong analytical background enables him to bring a strategic rigour to portfolio expansion and the assessment of investment opportunities. With 5 years of real estate investing experience across various strategies, Mark oversees Peak's capital raising, client acquisition, partner relations, educational content development while ensuring the company delivers on its promise of helping others build generational wealth through apartment building investing. Get in touch with Mark: Website:https://peakmultifamily.ca/Email:mark@peakmultifamily.ca This episode has been brought to you in part by Black Jack Contracting Inc - https://blackjackcontractinginc.ca/ Private Buyers - https://privatebuyers.ca/ Butler Mortgage - https://www.butlermortgage.ca/

We had the pleasure of speaking with Susan White Livermore. Susan White Livermore knew she didn't want to work in corporate anymore, and when the option of her first real investment property buy presented itself, she jumped in. In just over a year, she had 13 properties, had earned the “Newcomer of the Year” award from Canadian Real Estate Wealth Magazine (2011) and the “Top Player” title from the Real Estate Investment Network (2012). With properties in Ontario and Alberta, she continues to steadily build her unique investment business focusing on legalized suites.  Susan talks about key things she watches for with any BRRRR strategy, as well as tips to winning on duplex conversions.

Gary chats in this episode with Susan White Livermore, also known as the Millionaire Mom. Gary and Susan sat down in person to talk about investing, Susan’s role as a coach, and how the pandemic has changed the way we do business. They also touched on Susan’s childhood and the fundamentals she picked up from her parents; her coaching programming from beginning to end; and her transition from the corporate world to self employment. What you'll learn: How her parents involved her and opened financial dialog at a young age What prompted Susan’s move from the corporate world into real estate How her brother’s challenging financial situation changed her outlook How he bought his first house while in debt, with no credit and NO job Why he was fearless and how it changed Susan’s course of action Why she bought her first house with her dad She wasn’t aware of any bylaws around renovations at the time She started with renting her house out to students Why it’s better to have a mix of male and female tenants in the same property Why she suggested that tenants bring their own co-tenants Why she decided to try investing before trying to find another job after maternity leave She started spending money on learning creative financing, wholesaling, etc She convinced her brothers and dad to join her in her process Don’t try and hit a home run with an investment - positive cashflow, good area, good pool of tenants, good vacancy rate, transit, etc Why you want a big pool of potential tenants so that you don’t have to recycle them Is your property close to employment for your tenants Why age of the area is somewhat important to your tenant pool Her big mistake was moving to Calgary, and her properties were impacted by the oil and gas industry - make sure your market isn’t one industry specific How there are various sources of data that can help you determine if your market will grow and by how much Why investment properties, especially cottages are in demand due to lack of travel Why she focuses on what she controls and lets the rest go Why investing is a never ending process and be proud of your mistakes, as long as you learn from them! How much of success does Susan attribute to mindset Why your ‘network’ is your ‘net worth’ And MORE! Susan’s Bio Susan White Livermore knew she didn’t want to work in corporate anymore, and when the option of her first real investment property buy presented itself, she jumped in. However haphazardly she entered the investment property world, in just over a year she had 13 properties, had earned the “Newcomer of the Year” award from Canadian Real Estate Wealth Magazine (2011) and the “Top Player” title from the Real Estate Investment Network (2012). With properties in Ontario and Alberta, she continues to steadily build her unique investment business focusing on legalized suites. Susan began coaching and teaching from the stage as more and more curious investors sought her out to learn her strategies. Now known as Millionaire Mom, Susan’s approachable coaching platform is suitable for everyone from first time buyers to seasoned investors. “The Millionaire Mom way is about showing people, in a really honest and fun way what I haphazardly stumbled across–a simple idea that proved undeniably fruitful and dependable for me. I’m happy to offer other people the funny stories of the sometimes messy events that have naturally occurred in the process of building a portfolio one property at a time. That’s what Millionaire Mom is all about!” Contact Susan Insta: Millionaire.mom.enterprises        Web: Millionairemom.ca Events: https://millionairemom.learnworlds.com/ Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from! Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Meet Amy: Amy is a top real estate advisor with her partner Ally Ballam at Engel & Volkers Vancouver and active real estate investor. She is known for her ability to uncover amazing opportunities in the real estate market for valued clientele. Amy's eye for numbers and smart investing is a necessity for Buyers and Sellers looking to build substantial wealth. She has won Elite Realtor status with one of Canada's most reputable builders, Concord Pacific and was nominated for the Real Estate Investment Network of Canada's (REIN) Top Agent of the Year 2019. Engel & Volkers America’s awarded Amy and Ally Presidents Club status in 2018 and 2019 and they have earned Top 25 advisors out of 8000 in Canada, U.S. and Mexico. Early in Amy's career, she sold numerous condo and townhome developments which has proven to be a secret marketing weapon today. As a very active listing specialist, homeowners, investors, developers, and builders continue to seek out Amy's creative marketing background to assist in selling their prized properties. In up and down markets, her consistent energy, think outside the box strategy, and unparalleled knowledge has proven to be highly rewarding for those she works for. Amy and Ally have sold over 250 homes since January 2018 together. is a perfectionist with her real estate craft and it shines through in every property she sells. Amy Leong 778-871-1000 Instagram: @amyamzz Twitter: 808investments

Join me and my guest, Sue Livermore, as we talk about finding success as a millionaire mom. Sue is a real estate investor and coaches people to find success the same way she did. They get into investing in yourself, focusing on the things that matter, and having the right way of seeing things. Stay tuned, and enjoy the podcast! In this episode, you'll learn: Having a mindset that it's okay to lose some money in business. The value of outsourcing and focusing on the things that you do best. Educating yourself to be more empowered to make decisions and find opportunities. Your safest bet with how the market is currently going. Controlling what goes into your brain and conditioning your mindset. And more! ~ About Sue Livermore: Susan White Livermore knew she didn't want to work in corporate anymore, and when the option of her first real investment property buy presented itself, she jumped in. However haphazardly she entered the investment property world, in just over a year she had 13 properties, had earned the “Newcomer of the Year” award from Canadian Real Estate Wealth Magazine (2011) and the “Top Player” title from the Real Estate Investment Network (2012). With properties in Ontario and Alberta, she continues to steadily build her unique investment business focusing on legalized suites. Susan began coaching and teaching from the stage as more and more curious investors sought her out to learn her strategies. Now known as Millionaire Mom, Susan's approachable coaching platform is suitable for everyone from first time buyers to seasoned investors. The Millionaire Mom way is about showing people, in a really honest and fun way what I haphazardly stumbled across–a simple idea that proved undeniably fruitful and dependable for me. I'm happy to offer other people the funny stories of the sometimes messy events that have naturally occurred in the process of building a portfolio one property at a time. That's what Millionaire Mom is all about! ~ You can find Sue Livermore on… Website: https://www.millionairemom.co/ Email: susan@millionairemom.co Instagram: https://www.instagram.com/millionaire_mom_enterprises/ Facebook: https://www.facebook.com/millionairemomenterprises/ ---

We interviewed the CEO of the Real Estate Investment Network and Host of “The Everyday Millionaire” Podcast about his organization's view of the current local real estate market. REIN members have purchased over 40,000 properties worth over $5 Billion in real estate. We are thrilled to have had the opportunity to speak with them on the future of our market. We chat about upcoming trends, opportunities to succeed during COVID and the specific markets across the GTA that REIN is watching closely. If you have invested, or plan to invest in local real estate you do not want to miss this conversation. As an investor, where are you putting your investment dollars these days?

Don R. Campbell is a Canadian-based real estate investor, researcher, author, educator and Senior Analyst of the Real Estate Investment Network™, and Cutting Edge Research Inc. He and his experienced research team are leaders in providing Canada’s most current real estate investment education programs and economic research materials. Links: LinkedIn Twitter Facebook Maple Lane Farms & Ag Innovation Centre

Welcome to the first interview episode of The RevNYou With Real Estate Podcast! Thank you for tuning in! In the show's inaugural episode, Doug catches up with fellow RevNYou team member and award winning investor Gary Spencer-Smith. Gary was born in the UK and started investing in his native country during his time in the Royal Navy, He emigrated to Canada after 11 years of service, which saw him travel all over the world before settling on Vancouver Island. Investing on the island for over ten years now, Gary has won awards from Canadian Real Estate Wealth Magazine and The Real Estate Investment Network for his strategies and success, and been nominated for countless others. Gary enjoys the lifestyle investing in real estate affords him and has a passion for helping others change their financial futures by using real estate as the catalyst. "When I see people finally realize they can totally change their lives, it's like a light goes on, then they know what is truly possible for their lifestyle and the future of themselves and those around them. That's why I teach!" After getting to know Gary and his background story, the conversation shifts towards providing listeners with a primer on joint-venture investing before getting into the tips, techniques, strategies, and ways of being that have made Gary such a successful joint-venture working partner in his many years as a real estate investor. Gary shares his knowledge and experience on: - How to screen your joint-venture partners to work with the right type of people, creating win-win relationships - Identifying opportunities to match with the right joint-venture partners - Communicating with various personalities and different communication styles from your own - Developing, managing, and strengthening relationships with your joint-venture partners for long-lasting success As the conversation winds down Gary also shares some great resources for investors looking to get started or for those looking to take their investing journey to the next level! Resources mentioned in the show: Julie Broad - More Than Cashflow: Understanding The Real Risks & Rewards of Profitable Real Estate Robert Kiyosaki - Rich Dad Poor Dad Don R. Campbell - Secrets of The Canadian Real Estate Cycle CashFlow Game - https://www.richdad.com/products/cashflow-classic Did you enjoy the podcast? If so, please let us know by clicking the subscribe button on the podcast platform of your liking. Want to become a part of the RevNYou Community? We'd love for you to join our following on YouTube, Facebook, and Instagram for real estate investing resources, and to stay up-to-date on what's happening in the RevNYou With Real Estate World. Web: https://revnyou.com/ YouTube: Rev N You With Real Estate - https://www.youtube.com/RevNYou Facebook: Rev N You With Real Estate - https://www.facebook.com/revnyou/ Instagram: @revnyoucanada - https://www.instagram.com/revnyoucanada/

Discover what mistakes in real estate that you need to avoid and why it is important to avoid them, learn the things you need to know about the buy and hold strategy in real estate, and find out what made Patrick venture being into capital partnership deals.   Resources/Links www.rreincanada.com/  learning.reincanada.com/reiic  Summary Patrick Francey is the CEO at Real Estate Investment Network, a multiple business owner, real estate investor, host of The Everyday Millionaire Podcast, speaker, coach, husband, father, and grandfather. In this episode, Patrick shared his main strategy of buy and hold, how to go about it and what not to do about it so you can take the most advantage out of it. Topics Covered:  01:14 – What is the Real Estate Investment Network  02:41 – Looking back at his journey into the real estate  06:10 – From a trenches partner to a capital partner  07:59 – Mistakes commonly committed by newbie investors  11:21 – What is REIN’s goal  12:43 – What could he have done differently when he just started  Key Takeaways:  “If there were a common theme and mistake is that people aren’t putting themselves in the right environment surrounding themselves with the right culture and in the right community. You need to be surrounded by likeminded individuals.” – Patrick Francey   “Don’t try and do it on your own. Get the education, get all of that. But I still would say, don’t try to do it on your own, have some experience around you, have some advisors, some guidance, some people who are in it and then get the hell out of your own way.” – Patrick Francey  “Did I make a lot of big mistakes? You bet. I was to do it again, I would’ve bought newer. Because my strategies were bought and hold. And if you’re doing buy and hold and you buy an older property and you hold it, then you have to then realize that in five, seven, 10 years, whatever it is, there’s going to be a renovation. You’re gonna have to put costs into it. And those properties just keep getting older.” – Patrick Francey  Connect with Patrick Francey:  reincanada.com  Facebook  Connect with Dave Dubeau:    Property Profits Podcast    www.davedubeau.com    www.investorattractiondemo.com    Facebook    LinkedIn    Enjoyed the Podcast?  Please subscribe on iTunes for updates 

Patrick Francey is the CEO of the Real Estate Investment Network, Canada's leading Real Estate thought and education leader and is a Canadian-based real estate investor, educator and business owner. Patrick has been investing in the BC and Alberta real estate markets since 2001. He and his partners now own and manage an extensive portfolio of real estate including single and multi-family, and commercial. In this interview, Patrick explain why joining as a REIN member is an important step to your progress in Real Estate investments. We have been REIN members since 2007 and I am a strong believer that you should be a member of REIN as well. One of the main reason Patrick describes for any one who might want to join REIN is that REIN doesn't sell Real Estate. But you will get to know the economic fundamentals the where and when to invest in Real Estate. Further, you will have a chance to meet like minded people where everyone is there to share their knowledge and experience or expertise. So if you're not a REIN member yet, I strongly urge you to become one. And, to listen to the interview with Patrick Francey, Click here. Be sure to tune into Patrick's show as well- Everyday Millionaire. To find out more about Patrick Francey, Click here. PLUS- Whenever you're ready here are few ways I can help you reach your 2020 goals. Join my Elite Mastermind Mentorship program on Visualization where you will get to meet me every Monday evening at 7 pm CST and share your goals and challenges and I will help you on how to overcome any obstacles to achieve your goal. To scale your Real Estate portfolio, join my program 90 Days to $5K. Book a One on One call with me to help you get clarity on my programs and how to join them. Edna  

Russell Westcott is a national speaker and real estate investing trainer with over 18 years of real estate experience, and has appeared on television and authored two books. He is the former Vice President of the Real Estate Investment Network and founder of the Raising Capital Academy, which earned him the nickname, the JV Jedi. He has built an impressive real estate investment portfolio in Canada, and in this interview, shares how to find joint venture partners, raise capital, invest in different real estate markets, the right mindset for real estate investors, and how to build your real estate investing portfolio. __________

❓ Want to talk to Seth about real estate investing? Go to http://www.CallSeth.com to book a 20 minute call. ❓ Erwin Szeto is a multiple Real Estate Investment Network award winner; he’s been named a Top 20 Influencer in Canadian Real Estate and put on the Top 40 Under 40 list. He’s a real estate investor, the leader of a successful real estate sales team, and president of the Hamilton Basket Brigade charity. He’s also the host of the Truth About Real Estate Investing podcast. Erwin and his company iWin are hosting Grant Cardone's first ever appearance in Toronto in November 2019 at the Wealth Hacker Conference.

Jean-Guy started his career as an entrepreneur by building and selling businesses. His largest, grew to 170 employees in 14 countries. But he quickly realized that if he wanted any sustainable wealth, he had to include real estate. He now owns and manages Visture Property Group alongside his father which they started in 2013. They specialize in building duplexes and triplexes as well as re-developing distressed properties. JG is also the Chief Growth Officer of the Real Estate Investment Network. In this interview we discussed his beginnings, how he got started in real estate, his role in the Real Estate Investment Network and the importance of marketing and social media for your business. We also talked about the upcoming ACRE Summits in Edmonton and Vancouver and the impact they’ve made on so many real estate investors lives.   References/Shoutouts:   Bob Proctor Tony Robbins Gerry Robert Patrick Francey Steffany Hanlen T. Harv Eker John Assaraf

Mark Baltazar started in real estate investing around 5 years ago after spending a couple of years researching and procrastinating and is the founder of Peak Property Investments, a company designed to help real estate investors building wealth through passive real estate investing in multi-family commercial assets and single-family properties through partnerships and coaching. Guest: Mark Baltazar, Real Estate Investor  Mark Baltazar started in real estate investing around 5 years ago after spending a couple of years researching and procrastinating and is the founder of Peak Property Investments, a company designed to help real estate investors building wealth through passive real estate investing in multi-family commercial assets and single-family properties through partnerships and coaching.Winner of the Real Estate Investment Network's Top Player Award in 2017, Mark continues to build strong momentum in growing his real estate portfolio.  Investing in the GTA and surrounding areas, Mark has developed a proven system to identify strong investment opportunities and take the necessary actions to acquire and grow the value of these assets for his investor partners' portfolio and his own.   With 22 doors in his buy & hold portfolio and over 20 flips successfully completed over the last 4 years in key Ontario growth markets, Mark currently leads a team of professionals in the acquisition of multi-family commercial properties to fuel long-term wealth, while continuing to operate a buy-fix-sell (flip) division that generates active income.  In each asset class, Mark works with time-starved investors to help them take action and get past the hurdles that many faces along the path to financial freedom.   Mark`s business interests also include ownership of a Toronto-based marketing research firm that services some of North America's leading consumer brands.  In addition to helping others build their real estate portfolio, Mark's family life fuels his ‘why' – he is a husband and father of 3 very active, hockey-playing young boys. In this episode learn about:– Multi-family and understanding cap rate– Exponential growth using cap rate– Financing your project– Joint Venture insights-What is NOI (net operating income) how it works and going to the analytics gym To get in touch with Mark: Email: Mark@PeakPropertyInvestments.caWebsite: PeakPropertyInvestments.ca

Here's What You'll Learn in our Interview with Susan White Livermore:  What types of properties she invests in  Her secret to getting off-market deals What her struggles have been in buying real estate  How she got through the tough times  Her top 5 pieces of advice for investing  And much, much more! Susan knew she didn't want to work in corporate anymore, and when the option of her first real investment property buy presented itself, she jumped in. However haphazardly she entered the investment property world, in just over a year she had 13 properties, had earned the “Newcomer of the Year” award from Canadian Real Estate Wealth Magazine (2011) and the "Top Player" title from the Real Estate Investment Network (2012). With properties in Ontario and Alberta, she continues to steadily build her unique investment business focusing on legalized suites. Susan began coaching and teaching from the stage as more and more curious investors sought her out to learn her strategies. Now known as Millionaire Mom, Susan's approachable coaching platform is suitable for everyone from first-time buyers to seasoned investors. “The Millionaire Mom way is about showing people, in a really honest and fun way what I haphazardly stumbled across--a simple idea that proved undeniably fruitful and dependable for me. I'm happy to offer other people the funny stories of the sometimes messy events that have naturally occurred in the process of building a portfolio one property at a time. That's what Millionaire Mom is all about!” Get in touch with Susan: Website: millionairemom.co Email: susan@millionairemom.co FB: @millionaire_mom_enterprises Linkedin: Millionaire Mom

Patrick Francey is CEO and Managing Partner of The Real Estate Investment Network. He can be reached at reincanada.com.

What are the major barriers holding back young investors? How do you find cash flowing properties? Are you concerned about tenants destroying your homes? In this interview, we answer all of these questions and more with 10+ year real estate investor, Kyle Guthro. Kyle is a global partner with Real Estate Investment Network and Legacy. His real estate journey began 11 years ago after graduating from university when he purchased his first investment property. Since then he has accumulated multiple properties in Hamilton, Stoney Creek, Paris, Brantford, Toronto and most recently a lake front cottage in Muskoka. During that time Kyle also become a real estate agent where he has taken his knowledge and expertise to help clients find their dream home or investment property. With a portfolio in the millions of dollars he has leveraged his experience and knowledge to mentor and coach other investors how to buy and hold investment properties. To Kyle, real estate investing is a business and he wants to encourage us to treat it that way, too.

“If your mind's not growing, then you will not grow. If you don't grow, your wealth won't grow. And I mean wealth in the wholesome perspective, not just financial but your life and those around you.” – Donal Ward-McCarthy Donal Ward-McCarthy is a long-time REIN Member who grew up in Cork City, Ireland. From a very young age, Donal's mother, a special needs teacher, always emphasized the importance of a good education in anything one does. Soon after graduation, Donal's mother, who had battled terminal illness for many years passed away and Donal was left with a very modest real estate portfolio at the age of 22. After much consideration, Donal decided to keep the property for investment income. He marks this period of his life a crucial turning point.   Within months, Donal realized that if he was to continue owning real estate he had to become educated in the entire business of property rental and management. From the very first rental check deposited into Donal's bank account, it was like a massive light bulb had switched on in his mind. He began to question: how many of these properties with mortgages paid off did a family really require to sustain retirement?   Donal's journey led him to him to Toronto, Ontario, Canada in 2003 where he continued to pursue education in real estate investing. He sought out many educational facilities and in 2004 he attended a Real Estate Investment Network seminar in Ontario. REIN's in-depth level of research and economic fundamentals proved to be a perfect it for his own analytical style. With these solid fundamentals to build on, along with the support of a like-minded community, Donal felt the confidence to take action and he began to build his now substantial real estate portfolio. Donal is happily married and a proud father to his son Gleeson. Together they live in a fantastic neighborhood of Toronto where he works as a real estate agent with Right At Home Realty Inc.    Show Notes [02:06] Patrick introduces his next REIN Member guest: Donal Ward-McCarthy. [03:22] Donal and Patrick kick off their conversation. [03:53] Donal fills us in on what he's up to and what his passions are in the fine city of Toronto! [05:39] Donal shares his Irish heritage and describes the many valuable gifts he received from his late mother. [09:04] Patrick provides context around why he feels it's important to delve into the background of his guests. We all come from different backgrounds, but it doesn't necessarily define our journey. [11:04] One of the great gifts bequeathed by Donal's Mom was a debt-free home. His decision to keep it as an income property proved to be an exceptional choice that roused his passion for real estate. [12:50] The Rich Dad, Poor Dad series is a catalyst for so many real estate investors and it did not skip over Donal and Patrick! [14:03] As Donal watched his property income augment his employment income, he was fired up to pursue more education and developed a passion for the power of real estate. [15:08] Donal recounts the story of how he first came to Canada and experienced its diverse culture. [17:42] Although it took time to establish the “how”, Donal was certain the next steps on his path led to Canada. The systems he learned at his first REIN event (A.C.R.E.) set the foundation he needed to launch. [19:49] While Donal forged his path to Canada under his own steam, he found his tribe with REIN and embraced the culture. [21:36] Donal describes the unfolding of his fork in the road moment which brought him to Canada. [22:54] Donal takes us back to how the landscape looked when he first got started with real estate and the impact of longevity. [25:18] The economic fundamentals and research that set REIN apart were the very things that gave Donal the confidence to act on the investment opportunities he saw in Ontario. [26:54] Donal explains his current view of Toronto and further describes the strategy and long-term outlook for his own real estate investments.

Mission Mayor Pam Alexis, Don Campbell of Real Estate Investment Network, and Kelowna-area realtor Clayton Diebert join host Stuart McNish to discuss trends in the Fraser Vally real estate market.

In today's episode, Tahani sat down with Melanie Reuter, real estate investor, analyst, and writer. You are in for a treat as she shared how to build wealth and earn passive income through real estate. The show started with Melanie relating her story. She began as a former Director of Research with the Real Estate Investment Network for 11 years. She felt a big void and realized, it was time to bring her talents to a broader audience and move into the world of the entrepreneurship. Melanie will share valuable strategies on how you can succeed in the world of real estate. She continued sharing more inspirational stories that will encourage women to create financial independence, confidence, and motivation. Are you a woman wanting to take charge of creating your path to financial freedom? Or someone wanting to network, have fun and to provide some education and guidance to others who are thinking of getting into real estate investing? Melanie organize a meet up offering a safe, fun and relaxed environment for like-minded women who wants to be part of the real estate world. If this fits you, this episode is for you! Be sure not to miss this one. Resources: F.I.R.E F.I.R.E. Facebook Group   Connect with Melanie Website Email: reuterholdings@gmail.com Meetup: https://www.meetup.com/Women-Investors-in-Real-Estate/

On to this week’s guest, Tom Sullivan, he is a Cancer survivor and when he learned of his Cancer, it served as a reminder how short and precious life is and went on a tear to acquire over 10 investment properties and earn him the Real Estate Investment Network’s award for Rookie of the Year in 2015. Tom is a smart guy holding his Masters in Business and Chartered Professional Accountant designation, investing in the Durham Regions and places east of Toronto.  He’s also one of the nicest, most sharing people you’ll ever meet which is why it’s awful how another investor did not live up to their contractual, joint venture obligations when the partner profited so massively above projections from the deal. As always, this is the Truth About Real Estate Investing show so we bring you real stories including those of headaches and financial losses so you may learn how to avoid similar mistakes. As the saying goes, a fool learns from their own mistakes, a smart person learns from someone else’s mistakes. Do have your note taking implements handy as Tom is full of great tips and thanks to him, I just loaded up with tons of extended warranties.  Without further ado, I give you Tom Sullivan. To follow up with Tom: On LinkedIn: https://www.linkedin.com/in/tom-sullivan-mba-cma-cpa-471604/

“There's a lot of ways to develop commercial value but one of the ways is to understand that commerce follows culture.” – Antoine Palmer Antoine Palmer was born and raised in Fort McMurray, Alberta with a curious and questioning nature. At the age of 17, Antoine left Fort McMurray on a 12-year journey to find purpose and meaning that led him to become a Hindu monk and travel around the globe. For over 5 years, Antoine engaged in strict monastic practice and served at temples in Vancouver, Seattle, France, and Germany. After graduating from the monastic order, he founded a small monastery in Vienna that accommodated 20-25 monks in training. Antoine also launched several business ventures to support the economic needs of the community, including a vegetarian restaurant, an export business distributing Indian imports throughout Europe, a European branch of a US-based coach training institute, and a foray into real estate with the conversion of a 200-year old heritage building into modern condominium suites. After a year sabbatical to study, Antoine returned to Canada in 2007 and founded Konscious Corp., a consulting firm that lead dozens of projects from restructuring large-scale real estate developments challenged by the 2008 economic downturn, to affordable housing and renewable energy projects, to serving as a public spokesperson for Edmonton's Social Enterprise Fund. In 2011 Antoine co-founded Sustainival, the world's first green carnival – a full-scale carnival midway that operates entirely on renewable energy. Antoine is also the co-founder of Sustainitech, a technology commercialization company that builds high-density commercial lettuce farms in shipping containers. Given the inherent risks of these social enterprise startups, Antoine launched a third company in 2012 called ‘Boring Investments'. This company was built to purchase commercial properties and establish a cashflow foundation as a hedge against the potential startup risks. After stabilizing these ventures with executive teams in place, Antoine returned his focus to commercial real estate in early 2016. Boring Investments was rebranded as Sparrow Capital with the purpose of demonstrating how commercial real estate assets can be curated strategically to enhance the cultural fabric of neighbourhoods and the economic resilience of municipal regions. Antoine holds a diploma in mediation and conflict resolution from the Vienna ARGE academy and a diploma in Indian philosophy from the University of Wales. Antoine is a Platinum member of the Real Estate Investment Network, a board member of IDEA – Infill Development in Edmonton Association, the Planning Director for the Riverdale Community League, and Chairman of the PowPow Brotherhood. He lives in Edmonton with his wife and 4 children and is an avid mountain biking and backcountry snowboard enthusiast. 

“Love extravagantly, work usefully, live joyfully.” – Mark Warkentin Mark Warkentin grew up deeply connected to his family and his faith. With his father a pastor, the family moved around as the need arose, bringing them to California and many different cities and towns in western Canada. Mark considered a degree in engineering but eventually felt called to law and attended school at the University of British Columbia. Mark is a founding partner at Linley Welwood LLP, the current president of the Abbotsford Chamber of Commerce, a member of the Abbotsford Police Board, a real estate investor and a long-term member of the Real Estate Investment Network. His legal practice covers a wide spectrum of expertise including the many areas and nuances of real estate, business transactions, financing, corporate, and commercial law. His work in public service feeds his desire to contribute, give back and be an active part of his community. First and foremost, Mark is a committed husband of 23 years to Brenda and a father to two children all of whom do their own extraordinary work. He maintains the deep roots set down by his early life experiences as a part of the faith community in Abbotsford. Mark has always had a natural curiosity which has prompted him to become an intentional and thoughtful person who takes deliberate action. Mark is quick to share his experiences, knowledge and insights with investors, clients and podcast audiences alike and finds joy in the contribution he can be to the people in his life.  Show Notes [02:12] Patrick introduces his next REIN Member guest in person at the poolside studio: Mark Warkentin [03:40] Patrick and Mark dive in to their conversation! [04:05] Mark's elevator pitch – who is he, and what does he do? [05:50] A brief run-down of where Mark hails from and went to school. [06:49] The dinner-table “lawyer's club” was the first spark that fuelled Mark to pursue law school. [07:54] With his Dad's work as a pastor, and his Mom's involvement in the church, Mark's family of five was connected to their faith community from BC to California then back to Alberta and Saskatchewan. [09:11] Did the moral compass of growing up as a pastor's son direct Mark towards or away from his faith as he became an adult and started considering his own path? [10:53] Once Mark chose the legal track he jumped in cold and learned as he rolled (a tactic he's not quick to recommend to his current students). [12:53] Mark explains a bit about the qualities of a good litigator. [14:43] Merging two law firms to start his first practice proved to be a whole new training ground for Mark with some tricky infrastructure to navigate through. [17:19] Mark shares key points from building his business: know, like, and trust who you're going into business with; trusting and mindfully acting on your instincts with hiring and firing; investing in young talent; work on your business, not just in your business. [20:13] Patrick and Mark riff on partnerships, whether they are co-ventures with partners or joint ventures in real estate; the partnership is not just about the transaction, it's about who you're in it with. [21:21] ATTENTION REAL ESTATE INVESTORS! Big joint venture learning moment ahead...Mark runs through a joint venture checklist for the real estate investor listeners. The overarching learnings – keep it simple and keep your ego in check. [27:20] The importance of knowing where your joint venture capital is coming from to protect all parties. [29:29] Before entering the deal, ensure your “money partner” is looked after, ensure you understand their risk tolerance and that all parties know where they stand if the market does not perform well and the asset decreases in value. [31:55] Getting back to Mark, he delves into his relationship with his wife Brenda, how they met and the significant role she plays in his business. [34:52] The deliberate way Mark and Brenda show up for each other a...

Hello investor! I hope you all had as great a weekend as I did!!! My Friday and Saturday were spent with my wife Cherry and friend James Maggs at the Archangel Summit: a business and self development conference and it was excellent!! I’m fired up to do more, be more, help more!!  I will summarize my notes and present them to you all at a later time. Happy birthday to my mom, the lovely woman who gave me life. A blessed life that I lead where I can take my mom to lunch on a Monday afternoon in a near empty restaurant as if it were a private, chefs table, just mom and I.   We had a great meal but more importantly I had time to reconnect with mom about what it was like coming to Canada.   My dad’s brother was the first to immigrate who then brought my dad to Saskatoon. Thank the powers that be he soon decided to move to Toronto as he found Saskatoon to be too cold.  My mom followed on a student visa a few months later at the age of 19. For my fellow Canadians, imagine uprooting your life from a tropical climate to the frozen tundra that is Canada :P From a language barrier standpoint, we Canadians learn French much like students from Hong Kong learn English.  It’s a start but if you’ve been to Quebec, you know how challenging it is to communicate. Anyways, thank goodness for real estate.  My grandpa was able to provide my parents a downpayment on our first house in Scarborough, Ontario.  The house was only $61,000 but my parents still had three mortgages. I don’t even know anyone personally who’s had a third mortgage.  Seconds on primary residence are quite uncommon. At the time, my dad was still in University, I know because I was in the family pictures at dad’s graduation.  They were quite broke. Out of necessity to pay the bills, my mom was the first real estate investor in the family.  She AirBnb’d rooms in our home (before AirBnb even existed) for $50 per month plus $50 for food. Mom was cooking and cleaning for up to four house guests at a time. My mom has sacrificed and hustled a lot resulting the blessed lives my family and my kids now lead. Mom is now retired and can enjoy to the fruits of her labour and I get to now share my successes with her. What greater definition of success is there than giving back to your family?  This November we’re bringing mom on a Caribbean cruise with us on a brand new ship in a room with a balcony.  Paid for by our real estate. Not bad for a child of immigrants. How to Invest in Toronto and Actually Cash Flow with Cindy Wennerstrom-Wroblewski Yes it’s actually possible and Cindy is doing it. Cindy is a full time Real Estate Investor, Owner of Oro Properties and Consultant specializing in Toronto's South East End. With 17+ years experience in the rental and investment properties arena under her belt. Cindy is an old friend from REIN, the Real Estate Investment Network, she’s most famous for targeting high end tenants and renovating her properties accordingly to charge precedent setting, above market rents. We talk about how it all started, sweat equity, the Toronto market, mistakes, the earlier than expected transition from corporate to full time investor and lessons learned plus how and where she would invest today if she were to start all over. So without further ado, I give you Cindy Wennerstrom.  

First Day of School Today I’m a bag of mixed emotions. My daughter is off to her first day of school, as in no more daycare (saving $500/month in daycare fees is a big win! Like gaining cash flowing property!! HAHA) , she’s going to a real school, junior kindergarten to be specific. I was choked up watching her get on the school bus for the 2.1 km commute. Cherry, my wife told me I’m silly and I am. Here is how just one example of how nuts I am. I’m reading Wonder Woman comic to my daughter (I’ve purchased many childrens’ books showcasing strong female characters where a female is the main protagonist) and we come to the last page of her book and here it is below. I read the page quickly as I’m getting choked up.  Too often I’m looking for lessons in meaning in all aspects of life.  This time I’m reading the story from a parents’ perspective, instead of “I would use all my training with the Amazons to make the world a better place.” As it is written, I rephrased the words and turned it around to my perspective, “I will use all my training to teach Robin to make the world a better place.” Yeah, I’m nuts but she’s been out of the house a whole two hours and I can’t stop thinking about how her first day is going. And people think real estate investing is hard. Parenting is infinitely harder…. Speaking of real estate investing, check out the new boat belonging to Mike and Evelyn!! Life is good when investing starts at age 26 and 10 properties later and being well on their way to Freedom 45.   From Renting a Basement to Over 100 Properties. Joint Venture Jedi Russell Westcott. Our show guest is none other than best selling author Russell Westcott who co-authored the book “Real Estate Joint Ventures” with Don R Campbell. I met Russell back in 2008 as a green investor at the Real Estate Investment Network’s weekend workshop called ACRE and he’s always been one of my favourite real estate educators. He’s on the show to share how he got started, this mistakes and lessons from building a portfolio at its peak size of 60 properties.  Russell was buying a property once per month even while having a full time job as the Vice President of the Real Estate Investment Network. I even put Russell on the spot to pitch me his latest project he’s raising capital for and it’s just as awesome as you’d expect.   Without further ado, I give you Russell Westcott, the Joint Venture Jedi.

Emmett Kelly interviewed by Jarek Bucholc Emmett Kelly was born in Hamilton, Ontario and received his undergraduate degree in Chemical and Environmental Engineering from McGill University (Montreal, QC) in 2000. Emmett received much of his additional investment training from organizations such as Rich Dad and the Real Estate Investment Network. He resides in the town of New market with his wife Elizabeth. He was an officer in the Canadian Forces for 11 years (1999 to 2010) as a Navigator in the Navy and a Combat Engineer in the Army. He also held the roles of Finance Officer and Recruiting Officer. Emmett is a member of the Order of Engineers of Quebec, Professional Engineers of Ontario, Canadian Risk Management Society and the National Fire Prevention Agency. Mr. Kelly began his real estate investing career in 2005 when he and his business partner bought their first condominium in New market, Ontario. He and his wife are the founding members of Sandstone Management Inc., a leading property management and rent to own company. He has extensive real estate investing experience in negotiations, creative financing, rent-to-own, property management and using RRSPs to invest in real estate. Along with his wife Elizabeth, Mr. Kelly became an advanced trainer for the Rich Dad Education program in 2012. Mr. Kelly has also been an active member of the community, giving his time to various charities and organizations such as the United Way of York Region, Global Day of Giving, Habitat for Humanity to name a few. Mr. Kelly is an avid woodworker, loves team sports and has been playing the violin for over 30 years. Mr. Kelly is bilingual and speaks both English and French.More https://www.streetsmartrei.com

Emmett Kelly interviewed by Jarek Bucholc Emmett received much of his additional investment training from organizations such as Rich Dad and the Real Estate Investment Network. Mr. Kelly began his real estate investing career in 2005 when he and his business partner bought their first condominium in New market, Ontario. He and his wife are the founding members of Sandstone Management Inc., a leading property management and rent to own company. He has extensive real estate investing experience in negotiations, creative financing, rent-to-own, property management and using RRSPs to invest in real estate. Along with his wife Elizabeth, Mr. Kelly became an advanced trainer for the Rich Dad Education program in 2012. More https://www.streetsmartrei.com

This is Part 1 of a mini-series on Real Estate Investing. Be sure to listen to Part 2 - #192  Our guest this week is no other than the CEO and managing director of REIN which stands for the "Real Estate Investment Network" He is an accomplished speaker, facilitator, and over the last two decades, Patrick Francey has taught and presented to thousands of real estate investor entrepreneurs across Canada, both live and online. Patrick is best known for providing his audiences with foundational lessons and context for understanding how to “treat your real estate investing like a business.” He is also the host of the highly acclaimed podcast: The EveryDay Millionaire. http://www.reincanada.com/ http://theeverydaymillionaire.ca/    Join the Legacy Driven Entrepreneurs Community (it's FREE):  http://www.theinnerchangemaker.com/tribe Are you enjoying the podcast? Listen to the episode here and leave us a review:  Apple: http://apple.co/1JUHcG9 Android: http://bit.ly/2nuoGpl  TuneIn: http://bit.ly/2BjY0gU Breaker: http://bit.ly/2BRwOCb iHeartRadio: http://bit.ly/2BhMr9L Spotify: http://spoti.fi/2BbuWEg Want to grab my NEW audio training? Grab a FREE copy of "How To Be The Leader You Truly Are": http://www.theinnerchangemaker.com/leadership Launching a podcast? Grab my Podcast Creation Roadmap:  http://www.theinnerchangemaker.com/roadmap

Process Hacker News for April 17, 2018 Trust in social media, San Francisco memories, a good night’s sleep, and more! For all the links, check out the show notes at: http://www.hacktheprocess.com/process-hacker-news-for-april-17-2018/ Welcome to the Process Hacker News, your weekly roundup of useful news and updates from Process Hackers who have been guests on Hack the Process with M. David Green. This week we’ve got trust in social media, San Francisco memories, a good night’s sleep, and more. Enjoy! Events Get your tickets for the first Pennsylvania Coworking Conference on April 26, where Indy Hall Founder, Alex Hillman is taking part as a keynote speaker. Media In a recent interview on the Careers by Jen podcast, Jon De Waal explains how career transitions produce the best life transformation. Daily Crypto features Coin Mastery host Carter Thomas to discuss cryptocurrency investing, trading, and psychology. Jay Wong published a special episode where he reveals how he discovered his gift and hopes his tips will help you find yours. He also just interviewed Real Estate Investment Network’s CEO, Patrick Francey, on real estate investments. On the Business Owner’s Freedom Formula Podcast, Gavin Zuchlinski explains how to save time and automate your calendar with his product, Acuity. As a guest on the Create Your Own Life Podcast, Nicole Holland shares about her career and overcoming fear to become a business rockstar. In Nicole’s own podcast, she has a chat with Steve Sims, the founder of Bluefish, the company that makes impossible events happen. Writing Facebook is getting a lot of heat because of their recent confidentiality breach, and Ricky Yean writes about what it will take to trust Facebook again. Andi Galpern’s tenth year in San Francisco promoted her to write a blog post thinking back to the time she first decided to live in SF. Find out why a good night’s sleep is key to a high-performance team from an article in Entrepreneur written by Julian Hayes II. Rich Mironov stresses the value of talking directly to real customers in his recent Medium post. Recommended Resources Win ten business and personal development books being given away by Smart Passive Income’s Pat Flynn, who was a huge influence on some Hack the Process guests including Nicaila Matthews, Omar Zenhom, and Paula Jenkins. How do you know how much time you should spend in product discovery? Find out in this blog post by Teresa Torres, recommended by Rich Mironov. Tesla CEO Elon Musk, a resource mentioned by Tom Morkes, Omar Zenhom, Ricky Yean, and Loic Le Meur, expresses optimism about Tesla Model 3 Sedan production in an interview on CBS News. Thanks for checking out this Process Hacker News update from Hack the Process. If you liked what you saw, please leave a comment to let us know what processes you’re hacking.

“You do well yourself by helping others. It's my nature to do it, and I discovered that people who preach and coach success have their various takes on it, but all the takes are ‘help others and you'll be fine'. That just solidified the notion of who I was going to be as a lawyer and a person, and that's how my life goes and that's who I am” Barry McGuire Barry McGuire is a long-term Member of the Real Estate Investment Network, a veteran real estate investor, and is senior counsel at RMLO Law LLP in Edmonton, Alberta. He is also a guide and a leader in thinking about Alberta real estate from the perspective of both an investor and a lawyer. With over 40 years of experience as a real estate attorney, handling literally thousands of real estate transactions, Barry and his team focus on buying and selling all styles of real estate from houses to condos, apartments, commercial buildings, acreages, and more. Barry is co-author of the national bestselling book 97 Tips for Canadian Real Estate Investors and is a sought-after speaker regarding investment, real estate, and law groups. When he's not practicing law or coaching investors, Barry is an avid gardener, hockey player, family man, and bon vivant. He lives in Edmonton with his wife Donna, who partners with him by leveraging her strengths in many aspects of their businesses. Barry loves spending time with his niece Adrianna, the daughter he never had. His son Colin is a PhD researcher in ethnomusicology and plays a role as backstage support for Barry and Donna. At the core of it all, Barry's innate desire to help people fuels his passion for the life he lives. Selected Links and People Mentioned from this episode: Connect with Barry McGuire: LinkedIn Facebook Twitter Barry's Law Blog Barry McGuire's Focus Series on Facebook 97 Tips for Canadian Real Estate Investors Focus Workshops – Rapid Cash Program Real Estate Investment Network Raymond Aaron The 7 Habits of Highly Effective People by Stephen Covey Show Notes [02:06] Patrick shares a brief bio about his next REIN Member/Expert Guest and friend: Barry McGuire [04:00] Patrick and Barry get their conversation underway! [04:20] Barry shares his elevator pitch and why he remains passionate about it 40 years later. [06:25] As the world of real estate evolves and changes, Barry continues to learn despite the thousands (25,000!) of real estate transactions he has supported. [08:56] The interesting client ratio of Barry's legal practice. [09:58] In addition to legal counsel, Barry is an avid educator both for real estate investors and home buyers alike. [11:41] Barry describes his university journey from first year pre-med, to a dissatisfying arts degree, and finally landing in law school where he discovered a natural aptitude. [14:41] Barry gives us some insight into his parents, and his early morning ritual with his Dad in law school days. [17:10] Barry shares more about his three brothers. [19:47] During his time articling Barry quickly realizes the adversarial side of law is not for him and moves on to corporate work including real estate law. [21:25] Ethics and integrity are non-negotiable as a lawyer and Barry illustrates how important this is for the real estate investors and the clients he coaches. Stay out of the gray area! [26:15] Barry explains what CMHC is, who it's for and where people can cross the line with their intention. [29:05] Barry's first experience buying a house with his brother proves to be a fruitful one with the help of five friends, some blankets and a student loan. [34:30] Barry shares a coaching moment for first time real estate investors who may be a little unsure about buying their first property and more importantly taking a real look at who they're going to be and their “why” of getting into the game of real estate investing. [38:19] From 3 – 5 doors to the world of multi-family,

“You do well yourself by helping others. It's my nature to do it, and I discovered that people who preach and coach success have their various takes on it, but all the takes are ‘help others and you'll be fine'. That just solidified the notion of who I was going to be as a lawyer and a person, and that's how my life goes and that's who I am” Barry McGuire Barry McGuire is a long-term Member of the Real Estate Investment Network, a veteran real estate investor, and is senior counsel at RMLO Law LLP in Edmonton, Alberta.

On Today's BIV podcast, reporters Tyler Orton and Patrick Blennerhassett sit down with senior real estate analyst at the Real Estate Investment Network, Don Campbell to discuss why housing affordability measures taken by various levels of government will struggle to make a dent in the current market. See more of Tyler's and Patrick's reporting at www.biv.com/

“I see my kids growing up so fast and I want to spend as much time as I can making memories with them. That has been a big part of our life, creating experiences together, and real estate has done that for me and for us. ”– Dave Lowrey Dave Lowery is a long-time member of the Real Estate Investment Network and credits much of his action, clarity and inspiration to REIN's educators and community. Working together with his wife Rebecca and their joint venture partners, Dave has created a fruitful real estate portfolio based in Edmonton, Alberta. Early life experience offered Dave a variety of influences including an opportunity to attend a small, close-knit private school, to participate in competitive sports and to receive exposure to corporate business. His combined experiences helped ignite an entrepreneurial spirit in Dave which carved a path toward creating his own success in business. Dave finds professional fulfillment in his leadership position with Vancity Credit Union along with his real estate investing business. His true passion lies in coaching his kids' sports, developing leadership skills in young people and creating memories with his family. With the power and reinforcement of real estate, Dave, Rebecca and their kids are creating a memorable journey together, which for them means a life of success. Selected Links and People Mentioned from this episode: Connect with Dave Lowreye: LinkedIn Facebook Vancity The Real Estate Investment Network Real Estate Investing in Canada - By Don R. Campbell Authentic Canadian Real Estate Program (ACRE) Rich Dad, Poor Dad – Robert Kiyosaki Whatever Happened to Penny Candy? – Richard J. Maybury Show Notes [02:23] An introduction to our latest guest from the REIN Member Guest Series: Dave Lowrey [04:10] Dave and Patrick get underway! [04:30] What is Dave up to both in the real estate world and in his role with Vancity? [06:04] Dave shares his story of how he came to real estate investing and the Real Estate Investment Network (REIN). [09:00] Patrick reels it back a bit to find out what first compelled Dave to pursue real estate investing and the Real Estate Investing in Canada (REIIC) book. [10:53] Dave describes where he and his wife Rebecca were professionally during this time, working hard in their careers. [11:57] Dave shares his insights into why the systems taught in the REIIC book and within REIN stand out as so impactful for him: the methodology, common sense approach, and treating real estate investing as a business. [14:08] How did real estate investing land for Dave's wife Rebecca? And what was the effect of Rebecca being the one to attend the Authentic Canadian Real Estate Program (ACRE) at the beginning? [16:30] The unexpected and fortunate results of having potential joint venture partners attend ACRE! [18:16] Dave dives into the story of their first real estate deals and how REIN served as a confidence builder as he learned. [19:50] The REIN community shows up at its best to support Dave and Rebecca in making key decisions for their real estate investing business. [21:00] Dave explains where his entrepreneurial mindset stems from and the opportunities he was given in his youth to experience business first hand. [23:41] Turning his daily commute into a rolling university, Dave talks about how he keeps current and educated by listening to all of the recorded REIN meeting audio, Monday Morning Motivator coaching calls and Audible books. [24:40] Let's hear a bit about Dave's portfolio and where he is investing. [25:55] What guidance would Dave give others about getting started and taking action in real estate investing? [27:25] Dave talks about his biggest failure which turned out to be a blessing in disguise. [29:55] How does Dave define success? [32:22] Dave takes us back to his early experiences. He discusses the dynamic of his parents' mindset vs.

“I see my kids growing up so fast and I want to spend as much time as I can making memories with them. That has been a big part of our life, creating experiences together, and real estate has done that for me and for us. ”– Dave Lowrey Dave Lowery is a long-time member of the Real Estate Investment Network and credits much of his action, clarity and inspiration to REIN's educators and community. Working together with his wife Rebecca and their joint venture partners, Dave has created a fruitful real estate portfolio based in Edmonton, Alberta.

Hello real estate investors!!   Welcome to another episode of the truth about real estate investing show.   Happy New Years to you all! We have many terrific guests lined up for 2018 so make sure to subscribe so you may learn their lessons to ensure you achieve your new years resolutions and I'm sure they include increased financial security and freedom!!   In case anyone is interested, the Real Estate Investment Network is hosting it's annual weekend workshop call the Authentic Canadian Real Estate Systems (or ACRE for short) on March 2nd - 4th near Toronto Pearson Airport at the Pearson Convention Centre.  For my friends and listeners to the show, REIN has provided me a discount code and I tested it just now to save you $300 per guest.  If you've been to other events that are out there, the full retail price of $687 which has never gone up to my recollection, I'm a REIN member so my admission is included in my monthly fee…. but anyways, the full retail price is a fantastic deal already and my discount code of ERWINSGUEST will save you $300. Link: http://info.reincanada.com/toronto-acre-2018   If you want the full ACRE experience, I recommend you plan to attend the informal evening festivities to network with the other attendees.  To me, it's a great time to reconnect with my out of town real estate friends who don't make it to all the events but they make the time for ACRE because it's such a great event.   Anyways, on to my 2017 Year in Review   The Real Estate Market: From January to May, the market rocketed up. It was near impossible to purchase a property in Hamilton as it was a regular occurrence to compete with double digit offers on the same property with limited supply and demand through the roof from Toronto folks and locals.  St. Catharines grew in popularity for us as investors as competition was still fierce but nothing like Hamilton and we were renting at rates close to Hamilton's.  KWC was crazy hot as well and continues to be hot as multiple offers there are a regular occurrence.  After May, and after the Foreign buyer tax becoming effective, the market slowed considerably for Hamilton and St. Catharines, exactly what us investors wanted though we noted less interest from investors in Summer and Fall.  Oddly enough, that is when I purchased two properties, in the summer and fall, both as discounts from the Spring market.  Right now the market feels more balance but prices remain up around 7-8% in our target markets compared to this time last year.   The Rental Market: As a real estate investor we have two real estate markets to monitor: real estate prices as that determines the value of our portfolio and acquisition costs.  Then there is the rental market and 2017 was very good to investors.  From January to May, our investors were obtaining the highest rents we've ever seen in the markets we operate: mainly Kitchener Waterloo Cambridge, Hamilton, Brantford, Hamilton, St. Catharines, Niagara Region.  In the Spring we were consistently seen rents of 1650 plus utilities for renovated three bedroom apartments and 1300+ for basement two bedrooms.  Keep in mind about five-six years ago, we rented entire three bedroom houses for 1300+.  The summer saw reduced demand as kijiji ad views and showings were way down and returned to a moderate level in the Fall.  Myself, I like to review my rental ads and prices every two weeks.  If I need to make an adjustment I will, most often to price or tweaking of the headline or ad copy.  For the property we purchased in the summer, I needed to reduce the rent 3-4 times by $25-50 increments till we found a great tenant.  For the property we closed on December 1st, knowing we were approaching the holidays and winter, the slowest market, I was ultra aggressive by advertising our rent $50 below market value.  Evaluating a $50/month discount vs. being vacant for three months, an opportunity cost of $4,800, I chose the $50 discount and we rented to a customer who attended the first showing.   On the business side, we've grown considerably helping investors transact on over 100 properties in 2017.  We've undergone many changes moving away from the Mr. Hamilton brand to the Halton Real Estate Investment Group as a necessity as we expanded our geographic coverage of top towns for investment in pursuit of cash flow.  Our team has grown considerably as well in order to support the number of clients we support, apparently good news travels fast and when you do a great job helping to coach clients to financial success, they compliment you with referrals of friends and family for which we are forever grateful.  Erika Spencer joined our team in late 2016 and has been a force to reckon with even with the birth of baby Owen in October and was back to work in November.  Koukun Unosawa, Han Wang, Tammy Ditomaso all joined us in 2017 plus Paisley Mackenzie is coming onboard in early 2018 all as Junior Coaches.  To ensure our newest team members received the same or better training I had given, James Tiberius Maggs was promoted to Vice President of Coaching Services with all of our coaches reporting directly to him.   On the Personal side of 2017, improving my health and energy levels took main stage.  After years of pushing myself mentally and physically for years, I was burnt out.  My body was giving up yet I continued to get by on excessive caffeine (coffee) and sheer will power.  I took a couple tests while seeing a new doctor, Dr Callum Cowan, a high performance health specialist who works with pro athletes like NHL'ers, UFC fighters, high level executives, to repair the damage I've inflicted on myself to get to where I am today.  I did a very restrictive cleanse in February and March avoiding my food sensitivities and to take care of a parasitic bacteria I picked up somewhere all the while competing in the Crossfit Open.  I also started going to bed earlier.  As you parents and entrepreneurs know, we can only control what we can control and I've found my mood and energy level is simply better with more sleep.  My kids and family, my clients, my business deserve the best me so I started tracking my sleep with my wearable technology called a Whoop and app to ensure my peak performance.  With all these changes, the quality of my work has improved as my mind is rested and more clear. I'm able to train more often which I love without having to take as many afternoon naps.  The best part is I'm less cranky with my wife and kids so everyone wins with more sleep.   Dr Cowan is one of our guest speakers for the January Halton REI Group meeting on January 13th. His talk is titled "Feel Better, Function Better, Become a Phenom” and if you've seen him present before, don't worry, the doctor has promised updates as the science of health is ever evolving!!   We will also be hosting a guest panel of investors on the subject of raising successful kids featuring Carol Dias, Margaret Plut, Rob Watson, Charles Wah and Mary Clements.  All are successful in their careers and as investors, and they are happy to share the lessons so we can all achieve one of our ultimate goals, parents to successful children.   To Listen: On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294 Google Play: http://goo.gl/CAM5Mn On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr   Till next time, Just do it, I believe in you. Erwin Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor   This podcast is brought to you by the Halton Real Estate Investors Group. The goal of the Halton REI is to entice would-be real estate entrepreneurs to get off the couch, make things happen, and replicate the success of our multi-millionaire clients such as podcast guests Charles Wah, Andy Tran, Evelyn, Kaush, Cherry Chan, Michal Wywrot and Tim Collins.  Our track record of coaching highly successful investors is extensive and we share our secrets, tips and tricks at Halton REI meetings.  So if you are interested in travelling the path of least resistance to real estate wealth without ever swinging a hammer than this is the place for you. Go to HaltonREI.ca/signup to register and do so quickly to avoid disappointment as we have waitlisted folks many times and seats are limited.  One of the secrets of success is to surround oneself with successful people and in my ten plus years of attending workshops and networking events, this is one of the best places to be and I hope to see you soon.

Is the housing market turning around in Calgary? The Real Estate Investment Networks has released a list of the top 10 cities in Alberta to invest in. Don Campbell, author and senior analyst of Real Estate Investment Network, weighs in on this topic.

VAULT TO REAL ESTATE SUCCESS W/ RICK HARRIS Matthew Podcast Real Estate August 28, 2017, 0 Comments At Bee Influenced; http://www.beeinfluenced.com we like to feature different people from multiple industries. In today’s podcast, we feature Rick Harris who works in Real Estate Investment. RICK HARRIS Rick is a real estate investor and acts as a consultant. He is also a writer for Real Estate Investment Network and is currently working with clients to help purchase property in the Canmore and Edmonton Alberta regions. Rick Harris is now working with an editor to bring his book to market called “Vault To Investment Real Estate Success.” Finally, by December 1, 2017, Rick will be launching a podcast dealing with real estate investment. Rick Harris 4 DOOR STRATEGY In Canada, only 4% of Canadians own investment real estate. According to Rick out of that 4%, less than half own more than three doors. Rick’s strategy is simple. Rick believes if you can hold four doors, and have them paid off. The income that those four doors generate can become substantial and assist you in ways you never thought possible later on in life. The great thing is with the properties paid off and generating revenue; you can decide to sell the properties or refinance and use the equity to leverage purchasing the next deal. HOW TO DETERMINE WHICH REAL ESTATE DEAL IS RIGHT FOR YOU? Whenever you are assessing deals, always do a financial analysis examining, what kind of revenue will the deal generate, what the cost of acquisition is, what will all the expenses be, and finally placing a contingency in the finances in case the property is vacant. Rick says to “not fudge the numbers” because numbers don’t lie. When Rick’s website goes live, he will have a tool that allows you to make an income statement for assessing deals. When examining the revenue the property might earn, a useful tool is Pad Mapper. Pad Mapper allows you to review what the rents prices are in particular areas. Another favorite tool to use is RentFaster’s map feature. Rentfaster will enable you to create a precise targetted search based on property type, amount of bedrooms & bathrooms, etc. For more information regarding how to assess deals listen to the full podcast. PODCAST & BOOK Rick’s book and podcast is his way of paying it forward helping teach others how real estate investing has been kind to him and his family. Rick explains how investment real estate can build a strong financial foundation, unlock sustainable wealth, and create a living...

“The cash flow from our real estate pays for that cabin. When we made that decision, we know we love our life out there, so when a hot water tank goes, or a tenant moves out that we didn't want to move out…it's fine. Because I know my hard work around real estate is paying for those 75 days a year I get be at the cabin, with my kids, breathing mountain air. And there's nothing that makes us happier.” - Renée Huse After moving to Calgary in the late 90's to play basketball for the University of Calgary, Renée Huse spent ten years trading commodities through one of the wildest oil and gas runs that Alberta has seen. Through that experience Renée landed in the real estate world, got super clear on her strategy, became a Member of the Real Estate Investment Network and hasn't looked back. Her real estate portfolio consists of single family homes in Calgary and suited properties in Edmonton. She's a big voice for positive tenant/landlord relationships and manages her own properties impeccably. Renée is an avid skier, happier biking than walking, a bookworm, an international travel junkie, a landlord to 26 dynamic families, the wife of the most amazing man she knows, supermom to 3 fantastic kids and most recently a mentor and mortgage advisor to new home purchasers. In Renée's words: “My real estate portfolio funds my life. To me, financial freedom means choice. Choices about where I live, what I do, what I eat, what I learn, who I spend time with and most importantly, who I AM. Really, it allows me to do the things that set me on fire, with the people I love. I am passionate about helping others manage their financial futures, so that they can make choices from abundance, and do more of what sets them on fire, with the people they love.” Selected Links and People Mentioned from this episode: Connect with Renée Huse: Facebook Twitter LinkedIn Instagram Renée Huse Mortgage Broker Real Estate Investment Network Brené Brown Show Notes [03:15] Background and bio for today's REIN Member Series Guest: Renée Huse from Calgary, Alberta [05:25] Hey Renée, what's your elevator pitch? [06:10] Patrick and Renée get rolling on her University of Calgary and basketball years. [08:15] Post-university, Renée finds exceptional career opportunities in a booming city and a booming industry. Having killer spreadsheet skills did not hurt! [09:40] Two traders in oil and gas, Renée meets her husband and together they create a healthy mattress fund. [10:30] What was the philosophy and mindset Renée learned around money growing up? [11:30] Renée explains the strategy she was using as a trader and the shift when she realized she could do the same thing in real estate investing. [13:20] Dissatisfied with her current reality, Renée takes flight. Literally. [15:50] The complementary relationship between Renée and her husband Mike that makes their real estate investing business work. One steady player, one crazy player! [16:45] The where and how of Renée's real estate investing business strategy. [18:00] The dynamics and alignment that make for a successful connection between Renée and Mike and getting really clear on their “why”. [19:50] In the context of her experience as a Real Estate Investment Advisor (REIA) Renée talks about the misalignment that can keep some couples stuck in non-action. [21:45] Conscious conversations: Renée and her family make clear decisions around using their real estate business to feed the lifestyle that completely lights them up. [23:35] Why personal and professional development has been so important for Renée as a real estate investor. Getting curious about behaviour and laser focused on goals. [25:15] Insights from a trader's world: how those experiences have influenced the way Renée operates in her investing world. [26:40] How does focusing on the what's occurring in the present and staying with “what is” keep things grounded for Renée?

After moving to Calgary in the late 90's to play basketball for the University of Calgary, Renée Huse spent ten years trading commodities through one of the wildest oil and gas runs that Alberta has seen. Through that experience Renée landed in the real estate world, got super clear on her strategy, became a Member of the Real Estate Investment Network and hasn't looked back. Her real estate portfolio consists of single family homes in Calgary and suited properties in Edmonton. She's a big voice for positive tenant/landlord relationships and manages her own properties impeccably.

“Are you willing to be misunderstood in the context of your life?” This week, Dr. Ken Keis interviews good friend and renowned business leader, Patrick Francey. Despite humble beginnings, he is now the CEO of Real Estate Investment Network, founder of The Everyday Millionaire podcast, and has an extensive history of business success throughout his working life. From oil, to retail, to real estate, Patrick knows what it takes to succeed financially and shares with us a wealth of advice on how to excel in our lives. In this episode we learn about why trying to achieve “balance” is not a worthy pursuit. Life and career shouldn’t have to be two separate categories. Instead, we should view all facets of our life as an integrated whole. We also learn some of Patrick’s everyday habits that keep him on top emotionally, physically, spiritually and financially. Our friends act as living mirrors. Who they are is often a reflection of who we ourselves are. Ken and Patrick discuss why we need to take a brutally honest inventory of the company we keep, and sometimes make uncomfortable adjustments. No matter where we find ourselves in life, we are always one decision away from changing course. In this podcast, Patrick insists that we take ownership of our whole life; to be responsible for everything, and a victim of nothing.

“Are you willing to be misunderstood in the context of your life?” This week, Dr. Ken Keis interviews good friend and renowned business leader, Patrick Francey. Despite humble beginnings, he is now the CEO of Real Estate Investment Network, founder of The Everyday Millionaire podcast, and has an extensive history of business success throughout his working life. From oil, to retail, to real estate, Patrick knows what it takes to succeed financially and shares with us a wealth of advice on how to excel in our lives. In this episode we learn about why trying to achieve “balance” is not a worthy pursuit. Life and career shouldn’t have to be two separate categories. Instead, we should view all facets of our life as an integrated whole. We also learn some of Patrick’s everyday habits that keep him on top emotionally, physically, spiritually and financially. Our friends act as living mirrors. Who they are is often a reflection of who we ourselves are. Ken and Patrick discuss why we need to take a brutally honest inventory of the company we keep, and sometimes make uncomfortable adjustments. No matter where we find ourselves in life, we are always one decision away from changing course. In this podcast, Patrick insists that we take ownership of our whole life; to be responsible for everything, and a victim of nothing.

Welcome ladies and gentlemen investors across the greatest country in the world, this is the Truth About Real Estate Investing show for Canadians where it is my job to bring you experts in the world of investing so we may learn from their experience, so we too can duplicate their success, and inspire YOU to take action for a better financial future for yourself and those closest to you. This week we welcome one of the greatest teachers of apartment building investing, returning to the show is former lawyer, former CMHC analyst for default management and underwriter for multi-family properties Pierre Paul Turgeon.  Pierre Paul is one of the foremost experts in this area as an author, high in demand speaker at the Real Estate Investment Network and this past month at Rock Star's Your Life, Your Terms event.   He's back to give you an update on oil, Edmonton, Alberta, why apartment building investment makes sense for any portfolio and if you feel you need more preparation before purchasing a building, Pierre Paul just so happens to be launching both an online course and a live, in person, hands on training class coming up later this year and he'll be making the announcement on the show. Links and details are in the show notes. So without further ado, I am pleased to announce Pierre Paul Turgeon. http://www.multifamilyinvestingcanada.com/mrhamilton Live Workshops Canada's ONLY Live Experiential Multifamily Investing Training Program. Experience every step of a Multifamily deal from research to financing, with worked examples and a team of experts to walk you through it. 2 and a half days workshop Hands on experience Learn from Multifamily experts Work through REAL MF deals Next Workshops: Edmonton, AB – May 26th-28th 2017 Hamilton, ON – Sept. 15th-17th 2017 This episode is brought to you by Rock Star Real Estate's Free 90-Minute Training Class where you can Learn The #1 Real Estate Investing Strategy That Has Created Millions In Cash Flow For Canadian Investors Without Touching A Hammer. What will you learn at the upcoming free class? I've been part of Rock Star since 2010 and you will be learning the #1 strategy we have implemented in Hamilton, St Catharines & Niagara Region to transact on hundreds of investment properties, producing several millionaire clients.  The strategy works so well, our clients' success has been noticed, resulting in our real estate team being award real estate agent of the year in 2015, 2016, and 2017, by multiple publications. So don't delay, please to go www.rockstarinnercircle.com/erwin, there are only a few seats left and there is always a waiting list. This episode is brought to you by Mr Hamilton's Inner Circle Meeting.  Years ago, when I was a dewy eyed, novice investor, I sought out meet ups and “Mastermind” meetings for networking opportunities. At the time I was already a REIN member and had our first three properties, which made me the expert of the group. I felt like no expert, the meetings were unstructured and most folks were just tire kickers. It was a massive waste of time. I wanted to surround myself with action-takers. Fast forward to today, we host monthly Mr Hamilton Inner Circle Meetings meant for the serious investor who is serious about taking action in securing a better financial future for themselves and the people they care about. Our focus is on education, on everything an investor needs to be successful and everything I've come across to be an award winning real estate agent and investor. Each and every meeting has a wait list so don't delay and register today for Mr Hamilton's Inner Circle Meeting. Immediately following each meeting is an optional,highly recommended Mr Hamilton Street Smart Tour where you are guided by one of Mr Hamilton's highly successful investor coaches lead a tour of properties in a select top town for investments. Nothing replaces boots on the ground experience, and sometimes we get lucky and uncover a gem of a property. There is no pressure to buy anything EVER!! But we will recommend to you what we would buy for ourselves.  

Today’s Best Ever guest shares how to buy good cash flowing properties and shares with you what NOT to do when buying an investment property.   Shannon Murree’s real estate background: –        Real Estate Investor Agent who is based in Ontario, Canada –        Over 10 years in the industry and her expertise is in working with investors buying and selling single family and multifamily properties –        Won the Top Investor Agent award in 2013 by the Canadian Real Estate Magazine and the Real Estate Investment Network –        Say hi to her at

Hello ladies and gentlemen investors from across Canada, this week we have a special guest in an old friend Oliver Manalese. I've known Oliver for many years dating back to my first year at REIN in 2008 and he no longer invests in real estate. Just to confirm, you are indeed listening to the Truth About Real Estate Investing show and one of the truths of the investment business is it's not for everyone. In Oliver's case, he built a successful business, made a bunch of money doing so, and later decided to change directions.   Since 2012, Oliver Manalese is a Breakthrough Coach. He coaches, consults and trains creative leaders in a process of Aligned Reinvention. Through breakthrough insights, intuitive guidance, and transformational tools, his clients create lives and businesses that reflect their deepest purpose on this planet.   His work is based in Ontology. Simply put, he looks at the different ways we are being and how it determines our reality of what is possible and not possible. In today's culture of hustle, overwork, and never enough, being is the key component that's missing. Returning to being is what translates into a greater sense of presence, flow, and trust in the unfolding of our unique process.   In this episode we talk about a variety of topics: how rent-to-own works, how Oliver raised capital as a 22 year old with limited start up capital, how real estate taught him about entrepreneurship, the importance of personal development and growth. He was so good at the business, other investors sought out Oliver to hire him to be their investing coach.  This led to  Oliver's aha moment of wanting to help people in a more fulfilling way as the full time break through coach that he is today.  Apparently it's working as for both personal or professional projects, Oliver's clients report having a greater sense of inner peace, satisfaction, confidence, joy, and abundance.   So without further ado, I introduce to you, Oliver Manalese   Oliver is also host of The Oliver Manalese Show, a podcast that dives into the breakdowns and breakthroughs of influential people. Guests include accomplished entrepreneurs, coaches, and authors who vulnerably share their genuine challenges and the insights that empowered them to breakthrough.   For more information visit: http://www.olivermanalese.com/   Connect with Oliver on Facebook: http://www.facebook.com/OliverManalese   Oliver's podcast: http://www.olivermanalese.com/show   Complimentary sessions available at http://www.olivermanalese.com/   Real Estate Investment Network: reincanada.com   Think and Grow Rich by Napoleon Hill: https://www.amazon.ca/Think-Grow-Rich-Million-Dollars/dp/0449214923/ref=sr_1_1?s=books&ie=UTF8&qid=1492093250&sr=1-1&keywords=think+and+grow+rich   Psycho-Cybernetics by Maxwell Maltz: https://www.amazon.ca/Psycho-Cybernetics-Updated-Expanded-Maxwell-Maltz-ebook/dp/B00SI02BW4/ref=sr_1_1?s=books&ie=UTF8&qid=1492093294&sr=1-1&keywords=maxwell+maltz   Last Word on Power by Tracy Gross https://www.amazon.ca/Last-Word-Power-Tracy-Goss/dp/038547492X/ref=sr_1_1?s=books&ie=UTF8&qid=1492093380&sr=1-1&keywords=Last+word+on+power   War of Art by Steven Pressfield https://www.amazon.ca/War-Art-Through-Creative-Battles/dp/1936891026/ref=sr_1_1?s=books&ie=UTF8&qid=1492093420&sr=1-1&keywords=war+of+art+by+steven+pressfield   The Way of the Superior Man by David Deida https://www.amazon.ca/Way-Superior-Man-Spiritual-Challenges/dp/1591792576/ref=sr_1_1?s=books&ie=UTF8&qid=1492093507&sr=1-1&keywords=the+way+of+the+superior+man   Sponsor and ACRE Discount Code This episode is brought to you by the Real Estate Investment Network, or REIN for short. I've personally been a REIN member since 2008 and in Toronto on April 21st-23rd is the well renowned ACRE program. ACRE stands for Authentic, Canadian, Real Estate and it's the best weekend of real estate training I've attended. Additionally, it's not thousands of dollars like other, similar events. I like ACRE weekend so much this will be my tenth time in attendance. The education is that good and the networking is even better! As a special gift to our listeners, founding partner of REIN, Don Campbell, has provided you all a discount code to save $300 off the public's price at $687 – which is already fantastic value! You listeners only pay $387 by entering discount code ERWINSGUEST when you purchase ticket from reincanada.com. Again, that's April 21st-23rd for the best weekend in real estate investment training for $387. Link: http://info.reincanada.com/toronto-acre-2017#pricing Thanks for reading (and listening!) and hope to see you at ACRE!

Hello ladies and gentlemen listeners from across Canada! Welcome to another episode of the Truth About Real Estate Investing where it is my job to bring you lessons from the streets, provide you education on all things real estate investing, inspiration, and maybe some entertainment. This week we have a very special guest, a multiple time best selling author, the best selling Canadian real estate author in history but he doesn't just write, he knows what he's talking about. Don is a veteran investor, a teacher, a Philanthropist, market analyst and in his free time, Don pursues his passion which is organic farming and not just plants but livestock as in cows and such. Don has spoken to tens of thousands of people on stages all over North America, Australia, Ireland sharing his analysis, his strategies and his life philosophies. When the national media: CBC, BNN, CTV, Global News, Financial Post, Globe and Mail, Sun Media, etc… wants an unbiased comment on the real estate market, they go to Don in his role as Senior Analyst of the Real Estate Investment Network a company that has provided detailed forecasts and analysis of housing markets across Canada for over 24 years. Today, my goal is to build upon the interview we did, episode 2, 12 months ago, I suggest you listen to it if you haven't already. Today we dig more into economics, more specifically about the craziness going on in our major markets, what's causing it, that one book we all need to read (and no, it wasn't written by Don), what it was like investing in the 80's when interest rates were in the double digits and climbing.  We also get deeper into Don's story, to drag out some tips and strategies you may not have heard before.  You'll find this a fast-paced discussion, so I suggest you get your note paper ready.  Without further ado, let me welcome Don Campbell to the podcast. This episode is brought to you by the Real Estate Investment network or REIN for short. I've personally been a REIN member since 2008 and in Toronto on April 21st-23rd is the well renowned ACRE program. ACRE stands for Authentic, Canadian, Real Estate and it's the best weekend of real estate training I've attended and it's not thousands of dollars like other similar events. I like ACRE weekend so much this will be my tenth time in attendance, the education is that good and the networking is even better.  As a special gift to our listeners, founding partner of REIN, Don Campbell has provided you all a discount code to save $300 off the public's price at $687 which is already fantastic value so you listeners only pay $387 by entering discount code ERWINSGUEST when you purchase ticket from reincanada.com. Again that's April 21st-23rd for the best weekend in real estate investment training for $387. Link: http://info.reincanada.com/toronto-acre-2017#pricing

Charles Wah was born and raised in Hamilton where he invests in many forms of real estate, from rent to own, long term hold, a commercial building and for the topic of today's discussion, land development where they have two proposed developments for a total of 150 townhouses.  Charles is a full time entrepreneur and co-founder of the Gateway Group, his real estate and development company. Charles was a finalist for Canadian Real Estate Wealth Magazine's newcomer of the year, he is a proud member of the Real Estate Investment Network, a Rock Star VIP member, Hamilton-Halton Builders' Association, and Hamilton Chamber of Commerce.  Charles is always looking to connect with like-minded entrepreneurs to network and raise each other up. In his personal life, Charles is a sports fanatic, especially soccer, we're actually attending Major League Soccer's Eastern Conference Final tonight cheer on the Toronto Football Club and depending on when you're listening to this, hopefully we won J.  So without further ado, I give you Land Developer Charles Wah In this episode we discuss: The family real estate business Why Canada over Malaysia, I heard the beaches there are lovely The decision to go full time real estate entrepreneur Feedback on the different networks he belongs to: REIN, Rock Star, etc… Why focus on land development? Financing land acquisition What's a vendor take back mortgage? Starting out Target return on investment Stage of land development What to look for in a parcel of land Location (transit, infrastructure, schools, shopping, other amenities, is the surrounding area mature or being developed?, etc) Is the surrounding area mature or being developed? Are there subdivisions in the area? If so, are they single family houses, townhouses, etc? Sources of noise (commercial, industrial, road, highway, etc Access to a highway Lot size and layout (square, rectangle, pie shape, irregular, etc) Lot grading (flat, sloped, etc) including any topographical constraints (e.g. steep slopes) Zoning Designation under the municipality's Official Plan (may differ from zoning) What density is allowed in the current zoning and designation? What is the existing density in the surrounding area? Does your proposal fit the character of the neighbourhood? Are there any environmentally sensitive features such as woodland, watercourses, etc? If so, are they regulated by any local conservation authorities? What setbacks will be required from these features and how much of the property can be developed? Are there municipal services (sanitary and water) available at the street? Are there any existing buildings? If so, can they be rented out to mitigate costs in the short term? Are the buildings on septic or sewers, well water or municipal water? Are there any heritage designations? Is the property on a major road or side road? History of the site Any possibilities of contamination in the soil? Costs for development Land Acquisition Development Soft Costs and Professional Fees Legal Planner Architectural Landscape Architect Traffic Environmental Geotechnical/Soil Tests Noise/Vibration Stormwater Management Archaeological Marketing Financial Consultants Engineering Surveying Servicing Costs (i.e. Hard Costs) Demolition Tree Removal Silt Fencing Signage Earthworks Miscellaneous Site Works Stripping/Grading Fill Requirement Hydro Street Lighting Road Works Sanitary Water Stormwater Lots/Street Trees Landscaping Entry Features Retaining Walls Fencing Parks Municipal Costs Application Fees Engineering Fees Utility Fees City Development Charges Regional Development Charges Park Levies Special Area Levies Credits/Recoveries Local Improvement Charges Finance Costs Skills a developer needs Tools and resources Google Earth Pro Hamilton Maps (http://map.hamilton.ca/) City Of Hamilton's online interactive mapping tool which contains lots of useful information. For example, not only can you see zoning but you can also view infrastructure on the map such as sanitary and water to see if the land is serviced. MPAC (https://www.aboutmyproperty.ca/) Advise for novices How to reach Charles: Charles@gatewaygroup.ca

What are the new Canada Mortgage rules? And how will they affect real estate in Calgary? Author and Senior Analyst of Real Estate Investment Network, Don Campbell, joins Calgary Today's Angela Kokott to share the details, and they aren't pretty. 

We were super excited when Don accepted our invitation to the show and we are even more excited after the interview!! I (Erwin) tried to be a good host and stay present but I couldn't help but take tons of notes as Don was handing out gold (figuratively)!!  I'll share them later in the show notes on our mrhamilton.ca website but we couldn't wait any longer to release this episode because: ACRE / SOS is coming April 15-17th to Toronto, link: http://info.reincanada.com/real-estate-sos-toronto-2016 As a favour to me, Don and the Real Estate Investment Network (R.E.I.N.), the hosts of ACRE / SOS are providing my guests a very special price of $287 plus tax!! Discount code: MRHAMILTON (no spaces) to be entered upon check out.  Thank you Don and REIN! If you don't know Don, he is the best-selling Canadian real estate author in history. But that is just the surface. He is also a veteran investor, a teacher, a Philanthropist & market analyst (and, if you're friends with Don on Facebook https://www.facebook.com/theREINman, you know he's an organic farmer). Don has spoken to tens of thousands of people on stages all over North America, Australia, Ireland sharing his analysis, his strategies and his life philosophies . When the national media: CBC, BNN, CTV, Global News, Financial Post, Globe and Mail, Sun Media, etc… wants an unbiased comment on the real estate market, they go to Don in his role as Senior Analyst of the Real Estate Investment Network, a company that has provided detailed forecasts and analysis of housing markets across Canada for over 23 years. My goal with the interview is to get deeper into his story, to drag out some tips and strategies you may not have heard before.  You'll find this a fast paced discussion, so I suggest you get your note paper ready and share it with your friends who are interesting in investing in real estate. You can stay in touch with Don Campbell via: Twitter: @DonRCampbell Facebook:  https://www.facebook.com/thereinman Blog: www.DonRCampbell.com ... and we both hope to see you at ACRE / SOS 

Do you know where we are headed? Whether you do or don't, the market will require millennials and their families...prepare for it! Our guest is always on the lookout for job growth, gentrification, and opportunities. You have to hear this show!Best Ever Tweet: Fundamentals not emotions. Don R Campbell real estate background: Canadian-based real estate investor, researcher, author and educator Founding partner and Senior Analyst of Real Estate Investment Network and Cutting Edge Research both of which have entered their 22nd year of providing unbiased research and analysis on the Canadian real estate markets Based in Vancouver, British Columbia Donated over $1.2M to Habitat for Humanity Say hi to him at Get the docs he mentioned during the interview here: https://goo.gl/UkwtYe His Best Ever books: by Richard Restak and by Mike Hernacki  in iTunes.  Listen to all episodes and get a FREE crash course on real estate investing at: Are you committed to transforming your life through Real Estate this year? If so, then go to  and claim your FREE Coaching Session.  Trevor is my personal real estate coach and I’ve been working with him for years. Spots are limited, so be sure to do it now before all the spots are gone. Subscribe to Joe’s YouTube Channel here to learn multifamily and raising money tips: Subscribe in   and    so you don’t miss an episode!

Today’s Best Ever guest shares how to buy good cash flowing properties and shares with you what NOT to do when buying an investment property.   Best Ever Tweet:   We can create and re-create ourselves over whenever we want.   Shannon Murree’s real estate background: -        Real Estate Investor Agent who is based in Ontario, Canada -        Over 10 years in the industry and her expertise is in working with investors buying and selling single family and multifamily properties -        Won the Top Investor Agent award in 2013 by the Canadian Real Estate Magazine and the Real Estate Investment Network -        Say hi to her at     Subscribe in    and    so you don't miss an episode!   Sponsored by Patch of Land - Could you do more deals if you had more money? Let the crowdfunding platform, Patch of Land, find investors for you and fund your next deal…and your next deal…and your next deal…and…well, just go find out more at    

Andrew la Fleur discusses how to invest wisely in real estate with one of Canada’s foremost experts on the subject, Don R. Campbell. Don is a best-selling author of many books about real estate, and he is the founder of REIN (Real Estate Investment Network). Don and Andrew share a passion for creating hype-free educational resources about real estate investing.Click here for show notes.Andrew la Fleur / Sales Representative416-371-2333 / andrew@truecondos.comhttp://www.truecondos.comhttp://twitter.com/andrewlafleurhttp://facebook.com/truecondos

In this episode of Millionaire Mentors Today: Don Campbell from Real Estate Investment Network discusses the underlying fundamentals that drive every real estate market in the world and what you need to do as an investor to build the relationships and systems to set you free from 9-5. REIN has also recently celebrated it’s 20 year anniversary and I want to give a huge shout out to all the REIN Members and congratulate them on over $4 Billion in real estate investments. http://www.millionairementorstoday.com/real-estate-fundamentals-with-don-campbell-the-smart-way-to-invest-in-real-estate/