Podcast appearances and mentions of simeon papailias

Brian interviews Simeon Papailias. Simeon is co-founder and CEO of REC Canada, and expert on the current real estate market, interest rates, refinancing, pre construction condos and the business of real estate investment, sales and brokerage. Simeon Papailias talks tonight about GTA real estate market and our housing crisis.

If you're concerned about Canada's real estate crisis, watch this video to learn about the ultimate solution. From immigration to building, we'll uncover key strategies to fix the housing crisis in Canada. We are joined with Simeon Papailias the Co-Founder of Rec Canada and Founder of Brokers Playbook.  @brokersplaybook  Find Simeon on Instagram: Spapailias or brokersplaybook #canadianrealestate #canadianeconomy #realestateagents 1. Book A Call With Us Here (It's absolutely free)

Embark on a thrilling real estate journey with host Jas Takhar, joined by Chris Slightham, Broker of Record at Royal LePage, and Simeon Papailias, co-founder of the REC Canada Group, in episode #230 of The Jas Takhar Podcast. Dive deep into the highs and lows of the 2023 real estate market, as Simeon reflects on what he deems the "worst performing year" in his career, contrasted by Chris's insightful perspective on historical volatility. This episode is a treasure trove of wisdom, laughter, and actionable insights, offering a unique blend of experience and expertise. Whether you're a seasoned investor or just starting in real estate, this conversation provides valuable nuggets to navigate and succeed in the current market. Tune in for a lively discussion on #RealEstate2023, #MarketTrends, and #SuccessStrategies.

Brian speaks with Simeon Papailias. Simeon is a 15-year commercial and investment broker, with a strong and established presence in the GTA. He is the co-founder of REC Canada, an award-winning Real Estate firm whose fabric is made of over 45 multi-disciplined brokers, and covers residential, commercial, and investment asset classes. He leads his team with education, world-class training, and is a mentor to his salespeople. We focus on the real estate market and talk about the current market, interest rates, refinancing, pre-construction condos, etc.

This week on THATFINELIFE,  indulge yourself in the expertise and wisdom from the one and only Simeon Papailias! Simeon has a 15 year Commercial and Investment background, with a strong and established presence in the GTA and is the Co-Founder of REC Canada, an award winning Real Estate Firm! On top of that, Simeon is also the host of The Broker's Playbook podcast which features thought leaders from the Real Estate and Mortgage Industry bi-weekly. Listen in to the Broker's Playbook here: https://www.youtube.com/@brokersplaybook/featuredCatch That Fine Life Pod YouTube, Spotify & Apple Podcasts:YouTube: https://studio.youtube.com/playlist/PLClanOVws5AEkd3cQnU1gCFBkJgrS5xpG/videosSpotify - https://open.spotify.com/show/6ylRFQuECDoh8oUzFWEZDCApple: https://podcasts.apple.com/ca/podcast/that-fine-life-podcast/id1654994050Instagram - instagram.com/theandrewperrieFacebook - facebook.com/thefineestatesteam

Jas leads one of the Top Real Estate Teams in Canada. Based out of Toronto, ON Jas is managing partner with Simeon Papailias of the Real Estate Center (REC) team. They are experts in Residential, Commercial and Investment Real Estate.The Real Estate Centre (REC) is a full-service real estate sales and consulting brokerage, operating under the banner of Royal LePage Signature. Their Toronto based company is comprised of experienced realtors with proven track records across all property asset classes.Since our inception, we have been steadfast on our journey to become the top team in the nation by always delivering a “World Class Service Experience” to our clients. Jas and members of the REC team came down to London for a special live podcast event to discuss the state of the union in Real Estate.In this live episode, Justin and Jas discuss Investment Real Estate, the current situation in the London and Toronto markets, how to deal with rental properties and much more.**This is a wayback playback! Enjoy!FOLLOW JAS AND REC BELOW!WEBSITE: https://reccanada.com/IG: https://www.instagram.com/jastakhar13/YOUTUBE:    / recexperience  BLOG: https://medium.com/@jastakhar13TWITTER: https://twitter.com/JasTakharFACEBOOK: https://www.facebook.com/takharjasLINKEDIN: https://www.linkedin.com/in/jastakhar/============================================HAVE A VIDEO IDEA? TELL ME!

About Simeon Papailias: Simeon Papailias is a proud co-founder of REC Canada. He's not only a highly respected serial entrepreneur but one of the nation's top real estate thought-leaders and influencers. Fifteen years ago, he committed to having an unmatched work ethic and unwavering integrity in the field, which resulted in Simeon Leading his team to the Chairman Award at Royal LePage for a decade while expanding his network to include the country's most reputable builders and investors. He loves empowering the community by sharing his knowledge and insights with other industry professionals whenever possible. Connect with Simeon Papailias: Instagram: https://www.instagram.com/spapailias/ Linkedin  https://www.linkedin.com/in/simeonpapailias Twitter: https://twitter.com/spapailias  You can purchase Lauren's book “Finding Your Silver Lining in the Business Immigration Process: An Insightful Guide to Immigrant & Non-Immigrant Business Visas” here- http://bit.ly/silverliningimm Connect with Lauren Cohen:Website: https://ecouncilinc.com/goglobal/Facebook: www.facebook.com/ecouncilincYouTube: http://bit.ly/YT-LaurenesqLinkedIn: www.linkedin.com/in/ecouncilincInstagram: https://www.instagram.com/lauren_cohen_esq/Email: founder@ecouncilglobal.com

In E214, Simeon Papailias, a high-performance real estate agent and businessman discusses how he builds businesses from scratch and what he's doing in real estate. In this episode we specifically covered the current market conditions, predictions and what investing in pre construction condominium units looks like in todays market. Disclaimer: This episode, as with every episode of this podcast, should NOT be considered as advise. Investment advise is NEVER given on this show. Always consult a competent investment advisor before making an investment decision. Sponsors: Control and Compound Financial https://www.controlandcompound.com/andrewhines Events and Other: GTA West REI Meetup: https://www.facebook.com/groups/gtawestrei REI Hot Seat: https://www.youtube.com/channel/UC_PNT8rykU0hJIBirAXAUHQ Listen on Apple Podcast, Spotify, Google, Stitcher and more @ https://linktr.ee/theandrewhines Connect with Simeon Papailias at instagram : https://www.instagram.com/simeonpapilias YouTube: https://www.youtube.com/@brokersplaybook Connect with Andrew Hines on instagram: https://www.instagram.com/theandrewhines facebook: https://www.facebook.com/theandrewhines Andrew Hines Audio · E214 Pre-Construction Condos and Business Building with Simeon Papailias

Priced To Sell Merchandise is FINALLY HERE, and what better lead gen then representing PTS!!! We have baseball and dad hats, hoodie and T-Shirts LIVE on the site NOW! Go get some while you can!https://www.pricedtosellpodcast.com/On todays episode, Matt chats to Simeon Papailias about how to plan for the next 90 deals, discussing how to set achievable 2023 objectives and raise your standards to meet them. The 3 FUNDAMENTALS that every agent should know to stand out in the industry AND valuable insights from the broker's playbook plus MUCH MUCH MORE!!!Welcome to Season 3 of the Priced To Sell Podcast, Toronto's #1 Real Estate Podcast!#RealEstate #Toronto  #InvestingTimestamps00:00 - 4:49 Intro4:50 - 7:25 Next 90 deals7:26 - 10:44 2023 Objectives10:45 - 19:29 Set the Standard19:30 - 25:30 Fundamentals as an Agent25:31 - 33:09 Standing Out33:10 - 35:46 Brokers Playbook35:47 - 39:25 Rapidfire RoundListen On:Spotify: https://open.spotify.com/show/2ABqywDQ01dpreOpnvRAOa?si=Io-hiIqDRiaFnoFVpMxTsgiTunes: https://podcasts.apple.com/au/podcast/priced-to-sell-podcast/id1571152353SUBSCRIBE TO THE PODCAST: https://www.youtube.com/channel/UCDbk5JEEqtkaBBr9KB2MDIgFOLLOW MATT ON INSTAGRAM: https://www.instagram.com/mattcampoli/?hl=enPTS Instagram: https://www.instagram.com/pricedtosellpodcast/?hl=enFOLLOW GUEST: https://www.instagram.com/spapailias/?hl=enInvesting in Toronto real estate can be a wise financial decision. The city has a strong economy, with a diverse range of industries driving growth. It also has a high demand for housing, making it a competitive market for investors.One of the biggest advantages of investing in Toronto real estate is the potential for capital appreciation. Property values in the city have been steadily increasing, and experts predict this trend will continue in the coming years. This means that your investment has the potential to increase in value over time, potentially yielding a lucrative return on your initial investment.In addition to potential capital appreciation, investing in Toronto real estate can also provide a reliable source of passive income through rental properties. With a steady demand for rental housing in the city, you can generate a consistent stream of income by leasing out your property.Overall, investing in Toronto real estate is a smart choice for those looking to grow their wealth and secure their financial future.Investing in real estate is a proven way to build wealth and create passive income. Owning rental properties can provide a steady stream of income, as well as the potential for appreciation over time. Additionally, real estate can offer tax benefits, such as the ability to write off expenses like mortgage interest and property repairs.One of the key benefits of real estate investing is the potential for leverage. By using a mortgage to finance the purchase of a property, investors can control a much larger asset for a small amount of their own capital. This allows for the potential to earn higher returns on investment compared to other assets.Another advantage of real estate is its tangible nature. Unlike stocks or bonds, real estate is a physical asset that can provide a sense of security and stability. It is also less susceptible to market fluctuations, making it a more stable and reliable investment.Overall, real estate can be a powerful tool for building wealth and creating a strong financial future. While it does require some upfront capital and ongoing maintenance, the potential rewards make it a worthwhile consideration for any investor.

I'm happy to bring you all this very special episode of the Jas Takhar Podcast! Wrapping up the year 2022, I've brought on two of my business partners, Simeon Papailias, and Laura Stewart, to talk about some of the lessons we've learned throughout the year. When it comes to running a business, trial and error is always going to play a role in how your business evolves, but only if you take the time to learn from the mistakes made. We share these with you in hopes that you'll be able to learn from our mistakes, placing you a few steps closer to success. To watch the full episode, Kindly download  my app https://jastakhar.ca/app Follow me on Social: IG – https://www.instagram.com/jastakhar13/                                    Facebook– https://www.facebook.com/jastakhar13 Website - https://jastakhar.ca/ Book a Coffee with Jas: https://www.CoffeeWithJas.com

As a highly respected, heavily connected industry leader and influencer, he is one of the nation's top professionals relied on for market knowledge, expertise, and straight-forward advice. Whether it's with valued clients, his growing team, or lifelong friends in the business, his authentic approach connects people across cultures, demographics and regions.  While attending Ryerson University's Accounting and FinancialManagement program, his fascination with numbers and analytics led him to thecommercial and investment real estate world. Fifteen years ago, he committed tohaving an unmatched work ethic and unwavering integrity in the field, whichresulted in him Leading his team to the Chairman Award at Royal LePage for adecade while expanding his network to include the country's most reputablebuilders and investors. These days, his name is synonymous with Toronto RealEstate investing as he is a frequent guest across all major mass  mediachannels who seek his unique perspective and exceptional guidance. He is also the co-founder and managing partner of REC Canada,the Largest Investment Focused Real Estate Firm in the country. REC Canada isthe recipient of multiple awards in the real estate community and has animpeccable pedigree. REC is home to over 50 Senior Brokers that deal with over$500M in Canadian and US Real Estate each year. More than a remarkable realestate mind, he is a dedicated philanthropist who loves giving back to thecommunity.   Joining me on this episode of The MindShare PodCast is – Serial Entrepreneur, Finance & Real Estate Authority, PodCast Host, Co-Founder & Managing Partner at REC Canada – Simeon PapailiasThis Episode is sponsored by The Buzz Conference and KiTS Keep-in-Touch Systems.Please subscribe, rate the show, and leave a review. You can also get more #MindShare on Facebook @MindShare101 and Instagram @davidgreenspan101. Check out YouTube #MindShare101, and https://mindshare101.com/

Brian speaks to Simeon Papailias. Simeon is a 15-year commercial and investment broker, with a strong and established presence in the GTA. He is the co-founder of REC Canada, an award-winning Real Estate firm whose fabric is made of over 45 multi-disciplined brokers, and covers residential, commercial, and investment asset classes. He leads his team with education, world-class training, and is a mentor to his salespeople. Tonight we continue our focus on the real estate market and talk about “Investing to Win During a Recession”, a seminar Simeon runs.

Our guest today is Simeon Papailias. Simeon is the co-founder and managing partner of REC Canada, the #1 Investment Focused Real Estate Firm in the country. REC Canada is the recipient of multiple awards in the real estate community and has an impeccable pedigree. REC is home to over 40 Senior Brokers that deal with over $200M in Canadian Real Estate each year. More than a remarkable real estate mind, Simeon is a dedicated philanthropist who loves giving back to the community. He can be spotted volunteering around the city without fanfare and taking up the fight for those being treated unfairly in various local communities. Simeon also hosts a podcast! Simeon’s intellect and genuine communication style make the Broker’s Playbook Podcast a platform for thought-leaders in the real estate industry. The podcast asks the tough questions, gets the experts who matter and raises the issues real estate investors need to stay ahead of the pack. Listen to this episode to learn more about the following... - How to remove friction and create value in the real estate world - What are the key pieces of a power team, and how to build one - The significance of nurturing relationships and making the phone ring - Finding interior and exterior motivations for a real estate career and many more!

Carmen and Jordan Campagnaro meet with Simeon Papailias and Jacob Campagnaro from REC Canada. Founded in 2000, REC Canada is a multiple award winning leader in real estate sales and consultation, spanning across all classes of real estate and investing. Simeon and Jacob are both seasoned realtors and investors and we welcome them back as a show sponsor to share knowledgeable insight when it comes to investing in the current market. In this episode, we discuss some of the key strategies used to recession-proof real estate investment portfolios using multi-residential income properties. We talk about some of the hot spots to invest in right now as well as investing in retirement related real estate, a strategy that is quickly on the rise. This is an incredible information packed episode you won't want to miss! For more information on real estate investing & 30 Minutes to Wealth: Website: www.30minutestowealth.com Instagram: @30MinutestoWealth Facebook: www.facebook.com/30MinutesToWealth Disclaimer: The views and opinions expressed on the show are those of the individual guests and do not necessarily reflect the official policy or position of 30 Minutes to Wealth. Some episodes are for mature audiences and include language not suitable for young listeners.

If you're considering becoming a real estate agent, there are some things you should know. In this video, we interview a top tier broker and educator,Simeon Papailias, who shares the most important reasons why you might not want to become an agent.Guest:President and Co-Founder of REC Canada, Host of Broker's Playbook and Investor's Playbook - Coach and Mentor for Canadian Real Estate. Finance Expert.0:00 - Introduction0:52 - Don't Become A Real Estate Agent If….2:15 - Collaboration7:02 - Investing in Relationships10:38 - What People Have to Offer14:20 - Business 15 Years Ago Vs Now16:41 - Financial Literacy19:12 - Resources for Education23:49 - Relationship Building27:30 - Know Your Actions29:29 - Give the Best Version Of Yourself30:25 - It's Not An Annual Salary36:30 - Be A Good Money Manager38:40 - Elements of Being Successful42:30 - Different Results by Advice45:00 - Greatest Lesson Learned46:05 - What Simeon is Learning Right Now46:39 - How Failure Shaped His Life47:13 - How Can We Add Value49:40 - Conclusion

On today's episode, Darren sits down with Simeon Papailias, co-founder of the REC Canada team which is a full service real estate sales and consulting brokerage. The two chat about how Simeon made his way into the world of real estate investment from a background of running restaurants with his family, some of the projects he's been working on lately, as well as the lessons he has learned from experience in the real estate investment world. Show notes: Simeon's background from restaurant running to real estate investment mogul REC Canada and what they do Pre-construction 101 How to buy a property as an investor Why Simeon believes education is so important when it comes to real estate investing How REC Canada reaches its target audience TAKE CONTROL OF YOUR MONEY NOW: https://www.controlandcompound.com/ FIND US ON: INSTAGRAM: https://www.instagram.com/controlandcompound/ TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en FACEBOOK: https://www.facebook.com/controlandcompound

Simeon Papailias, sales representative with Royal LePage Signature Realty in Toronto talks about nearly 1 in 4 homeowners would have to sell home if interest rates rise more. See omnystudio.com/listener for privacy information.

GUEST HOST - Rubina Ahmed Haq talks to Simeon Papailias, sales representative with Royal LePage Signature Realty in Toronto about GTA home prices, rate hikes and real estate investors. See omnystudio.com/listener for privacy information.

GUEST HOST: Rubina Ahmed Haq talks to Simeon Papailias, sales representative with Royal LePage Signature Realty in Toronto about GTA home prices drop, variable-rate mortgage borrowers enduring fastest rate hikes since 1990s and how real estate investors and speculators helped trigger the onslaught of soaring interest rates  See omnystudio.com/listener for privacy information.

With inflation soaring all over the globe, how do you find opportunities and continue to scale? REC Canada is the country's biggest investment-focused realtor group with three-quarters of a billion in sales and 800 transactions a year, and in this episode, we sit down with their President and Co-Founder Simeon Papailias.   Simeon brings his expertise to the show and dives deep into investing in a high-value market, correlating the US and Canadian markets, and building a massive portfolio with his power team.   [00:01 - 04:24] The Empire That Food Built Simeon talks about being in the hospitality industry and what made him interested in real estate Relationships are the recipes for success Growing roughly $750 million dollars in sales How are they doing it?   [04:25 - 17:48] Expert Advice You Should Know The growth is not going to slow down Pay close attention to micro-markets There are no asset classes to avoid Here's an opportunity US investors should look at Change is constant in finance Surround yourself with trusted professionals How Simeon and his team provide world-class service   [17:49 - 18:53] Closing Segment Reach out to Simeon! Links Below Final Words Tweetable Quotes   “You're going say real estate didn't work for me. You didn't work for you. Finance will never change. Finance will go up, finance will go down. It's tied to the economy, it's tied to the market. It is up to you to determine your investment strategy.” - Simeon Papailias “You can't just read a book and succeed. You can't just, you know, throw a dart at the wall and hit the bullseye. It just doesn't work. You got to practice, you got to dig, and you have to engage in building a power team of trusted professionals in your market.” - Simeon Papailias -----------------------------------------------------------------------------   Connect with Simeon on Instagram and Twitter. Listen to their podcast The Broker's Playbook for real estate and mortgage tips straight from industry leaders! Connect with me:   I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.     Facebook   LinkedIn   Like, subscribe, and leave us a review on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on.  Thank you for tuning in!   Email me → sam@brickeninvestmentgroup.com Want to read the full show notes of the episode? Check it out below: Simeon Papailias  00:00 If you can ensure that over the years with the ups and downs of any business, you never, ever change anything other than use the real fundamentals and the real numbers, you become exactly what we are today which is a trusted real estate resource for not just investors but we interview all target the market, because we have built a reputation of using conservative numbers is the bottom line.    Intro  00:24 Welcome to the How to Scale Commercial Real Estate Show. Whether you are an active or passive investor, we'll teach you how to scale your real estate investing business into something big.    Sam Wilson  00:35 Simeon Papailias is a commercial broker, and he's the founder of The Broker's Playbook. Simeon, welcome to the show.   Simeon Papailias  00:42 My pleasure to be here, my friend.   Sam Wilson  00:44 Hey, man, glad to have you on. Three questions I ask every guest who comes on the show: in 90 seconds or less, where did you start? Where are you now? How did you get there?   Simeon Papailias  00:52 It's a big time limit. I started about 17 years ago in real estate. And I started by selling businesses, I started selling restaurants. So the actual business of the restaurant not the building, born and raised in the hospitality business. So it's an arena I knew well, and I was able to very easily resonate and connect with restaurant owners looking to potentially retire or get into a different type of business. So I was able to attract that business and flip those businesses quickly.   Sam Wilson  01:19 Right. So that's where you started, where are you now?   Simeon Papailias  01:22 Over the last 16 years, we've grown to be Canada's biggest investment focus realtor group, we produce almost three-quarters of a billion a year in sales, with 800 transactions a year. And we've been doing that now for the last five, six years, kind of at the pinnacle of the organization. I love selling real estate, I love helping people and educating people. And we're gonna do this thing till the wheels fall off, man.   Sam Wilson  01:44 I love it. Okay, so you know, third part of that is how did you get there?   Simeon Papailias  01:48 That's an intricate story that could be an hour on its own. The bottom line, my friend is I've leveraged networking and relationships. I'm a very social person by nature, but I call our firm, it's the empire that food built. And what I mean by that is, there's never a single chance on this planet that somebody's going to buy me lunch, I buy people lunch, and I create reciprocity, I create happiness, food creates happiness. When you're eating with someone, it's very difficult not to like them, meaning if you don't like somebody, you're not going for lunch with them. Because food is an intimate action no matter how high level or low level, you look at it every single time, you're speaking to somebody on the phone while having lunch to their your wife, kid, your friend, or you're dining with somebody with intent. I have a partner and as the partner who is in charge of business development, I built a one relationship at a time, never burnt a single soul on this earth, not for a single transaction. We built our reputation and our network that way.   Sam Wilson  02:45 I love it. roughly $750 million in deals a year. And you said it was over approximately 800 transactions with take the roughly a million bucks a deal, on average, obviously have some probably bigger or smaller than that. What is your target client? What are you selling a million bucks at a time on average, people are buying?   Simeon Papailias  03:06 Yeah, so, first and foremost, we're very blessed to be in a highly valuated market. I operate out of Central Toronto, which is the Greater Toronto Area, the GTA, as it's known, and it's literally the highest valuated market in North America today. And I'm not referring to comparison to Manhattan, what I'm referring to is we have the most cranes in the sky, we have the highest price jumps in appreciation and rental rates year over year for the last six years. So we have a number of people coming into the country. Obviously, we all see what's happening on the globe, today, Canada has been and continues to have an image and enjoy an image of peace and prosperity, where things are a bit slower than America specifically, where they're now enjoying that consistent stream of qualified immigration into the country. Those things are boosting this market. I mean, it is nearly at bubble level. I mean, at this point, you got to start seeing, like with inflation rising there is going to be in my opinion followed all across North America, based on what's happening by getting to a million on average per transaction, the average transaction in the GTA is a million. It's specifically who the client is to attract that tag. We're transacting regular real estate in a highly valuated market.   Sam Wilson  04:26 What are you advising your clients to buy right now that makes sense?   Simeon Papailias  04:31 Yeah. So I don't think that growth is going to slow down at all, not at all. Across spectrum on the other side of that pendulum, I do believe it's actually going to go higher, and it's not going to go higher by 22% a year like we've been seeing like nonsense things that are not both, not viable, not safe and not good enough for agents, not for anyone to have massive swings in a commodity that's supposed to be the safest on the planet is probably the worst thing you want to see. But seeing stable growth at that four to six percent per annum is where you want to see things. You're hedging against inflation, you have affordability at some kind of a decent rate, where right now the Toronto market is not affordable, right? So any first-time homebuyer cannot look at that and say not anyone, but 90% of first-time, homebuyers cannot look at the City of Toronto, for their housing needs. A condo is literally trading downtown Toronto at 1700 bucks a foot, it's not viable, you're not making enough money to support yourself into rent, the rents are also we're talking about a one-bedroom at 24, 2500 bucks. So it has become that little Manhattan, it has become that little downtown LA, it has become a little downtown San Fran, where the circumstances of the economy have allowed a real little monster to emerge. And there's many reasons for it. But as a basic premise, my advice to consumers, investors today is to pay very close attention to the micro-market, they're investing in saying buying anything in Toronto and I'll make money is dumb. It's a rash of generalized decision that leads to hurt. And what I advise is strong due diligence, market fundamentals, what is our demand? What is the transit plans? What is the employment prospects in the said neighborhood? Is there tech companies coming, is warehousing companies coming? What's your plan of life, matching with your lifestyle or your target audience your tenants lifestyle and invest in those micro-markets? So deep due diligence more than ever?   Sam Wilson  06:29 Absolutely. Tell me Is there an asset class that you guys are actively avoiding?   Simeon Papailias  06:35 There is not. I mean, the single-family homes have become the rage, because of the supply and demand Ontario, specifically, the state, that we're the province that we're in equivalent to your state, Ontario has some of the most archaic, backwards development bylaws in North America. And that red tape allows this market to happen. So there's a million things that the government could do to alleviate some of the stress on housing, they just cannot get out of their own way between politicians, between planners, between policymakers, all of the things have just created this perfect storm with the immigration numbers that we have to have this. So there's nothing really I would tell a client not to get into. But there are assets better than others, right now, condominiums, new construction condominiums, where you're going to put a proportionate share, because actually, pre-sales of condominiums worked differently in the United States. And this is maybe an opportunity for US investors, maybe something for them to look at. Basically, here, we have to put down staggered deposits. And it's an actual deal in the US, you don't have to commit to that deal. For example, I was just doing deals in Florida, with one of my working partners down there, we sold 35 condos down in Orlando. And there, the client is not committed to the deal until closing, they can walk away were here in Canada, they can not walk away. It's more of a reservation system in Florida. And I don't know if it's across all the United States, or that's just proprietary to Florida. But here you can hear you're locked in. So the developer cannot change the terms of the deal. So if you're buying today, and it's going to be delivered in three or four years, you're buying at today's price, so let's call it a two-bedroom condominium for 700,000 just for fun. The appreciation is going to be whatever it's going to be it has been obscene, but let's call it even a 5% a year. So 35 grand a year, right? Your deposit structures here, that is where the opportunity is created, you're going to put 5% down now, 5% next year 5%, the year after, 5%on closing. Your required 20% investment into the condominium is done staggered over time, which now starts to kick in the IRR. So your ROI literally jumps massive. And with 35k a year at 5% up and your deposits 5% You're literally making 100% a year on paper, right? Should you keep it, you can refinance that thing on closing, and literally take all your money out and still have 80% equity into the project. Right. So that specific strategy is what I deployed for myself and my partner over the last decade and we build a massive current portfolio. Literally using the market winds, winds were in our sails, we took advantage, we literally don't have a dime of our own cash or risk for that matter in that portfolio with hundreds of 1000s or, in this point, millions in equity across the portfolio.   Sam Wilson  09:29 That's really fascinating. I love small things like that, that make a big difference in how you execute. You guys are an investor-focused broker firm. And so you're not just an active investor here as well. But you're also an investor-focused broker firm and I think we talked off air you have 57 agents that are working for you guys right now. What does that mean? And how do you feel like you guys differentiate yourself maybe even from other commercial real estate brokerage firms?   Simeon Papailias  09:54 Yeah, for us, it's 100% what we like to call world-class service. My partners specifically, we have two very unique positions that we've created. So my partner literally works mine in his internal database. And our database is about 10,000, strong. Those are people who have come in to speak to Sydney and to speak to Jas Takhar, who was my partner, and I think he would make a great guest on your show as well, just to be honest with you. He's a podcast superhero. But he works our database, he also writes the systems alongside our VP of Sales and Marketing, Laura Stewart, on the customer journey. So how they're marketed to how they're not sold, how they are sold. So what opportunities do we present? I, on the other hand, source the inventory, when you have 10,000, investors, the appetite on a market that's jumping 15 and 20%, a year is massive. So what we have done is I go out, I have the relationship with the developers, the builders and our strategic partners, I bring the inventory in after we qualify it and negotiate incentives for any set project. And then it goes straight into a launch scenario where the interested investors put up their hand, our team reaches out, takes them through the due diligence that's already been done, the initiatives that are already been negotiated. And the incentives, closing costs, everything is put on a one-pager showing exactly what the projected expectation should be. And if you can ensure that over the years with the ups and downs of any business, you never, ever change anything other than use the real fundamentals and the real numbers, you become exactly what we are today, which is a trusted real estate resource for not just investors, but we interview all the target for the market, because we have built a reputation of using conservative numbers is the bottom line.   Sam Wilson  11:42 No, I think that's great. So tell me this, when it comes to the financing side of things, it's a question. I'm asking people a lot right now because in times past, when we've had downturns, recessions, corrections, people have gotten caught on the wrong side of financing. What are you guys advising your clients to do right now as it pertains to the properties or financing?    Simeon Papailias  12:04 Yeah, I mean, you got to watch it like a hawk right now. So the fed on your side of the border in the fed on our side of the border, every time the US makes an announcement, within two days, Canada makes its own announcement, because our economies are that interrelated. So right now, we're going to be seeing double ticks up meaning not a quarter-point basis, but rather, they're gonna be going up by half a point, I was hoping I actually put it on the record out there in January that we're going to see two to four increases this year. But it looks like I was wrong. And we're going to see four to seven increases this year, or the equivalent to so if that's the case, where they're going to try to reverse the quantitative easing, they did during the pandemic, there is going to be follow up, there's going to be some massive Delta's with some bleeding properties out there. And what do I mean by that, to make myself ultra clear, you bought a million bucks, your financing was approved at 1.6%, because of record lows, and you thought your rent of 3000 a month or whatever the case may be, it was a great investment, because your cash flowing five bucks a month? Well, again, the difference between doing due diligence properly, including a three or five-year plan, knowing what the where rates are going, that's the difference between brokers and advice, I would never advise a client to do anything. If this was a cash flowing play, they would have to be able to cover it at the posted rate, not at what they got approved that because the posted rate is always 2, 3, 4 points higher than what's the actual rate, if your property doesn't stand against the posted rate, you can't make it work because the risk is too high. Because if you're a schoolteacher making 80 grand a year in the property is X whatever the case may be, where's the money going to come from? You're going to end up putting it up for power of sale, through whatever process your state has. And then you're going say real estate didn't work for me. You didn't work for you, finance will never change, finance will go up, finance will go down, it's tied to the economy, it's tied to the market, it is up to you to determine your investment strategy. If you're going after capital appreciation, you better be able to bear the storm of negative cash flow. So if you're investing in Toronto, you're not investing for cash flow, you're buying a two and a half cap. You know, you're going to be red, right? But you also know you're going off 50 grand a year, almost guaranteed, right? So it depends who you are, what your pocket can handle.   Sam Wilson  14:17 That's really interesting, especially on the financing side, how many, especially for you, you know, if you're buying for appreciation, so a lot of what you guys, if I'm hearing you correctly, you're buying things out of the gate that aren't going to make sense as a cash flow play?    Simeon Papailias  14:30 That is absolutely correct.    Sam Wilson  14:31 Wow. Yeah. It's a very different strategy.   Simeon Papailias  14:34 Well, it's a speculative strategy, right. It's based on real market fundamentals. So although you know as a fact that the numbers are going to be skewed the wrong way as to what you know, should be right. There is enough data to support the growth projection, right to ignore it would also be foolish. I'm not saying put the farm on it, because you should never do that ever. But if you know as a fact that there's a shortage of almost 40,000 units a year across any market. And the policy, the time, the supply chain constraints are not going to allow it to be fixed for at least another five years. If you have the money, you'd be a fool not to invest, right? But for you to put yourself at risk or in danger, just to maybe partake in it. That's wrong. So you have to be able to know look at yourself in the mirror and know who you are, what kind of stress you can take, and govern accordingly, right?   Sam Wilson  15:26 Are you helping your clients do that underwriting side of things? Or I guess maybe you putting that together? When you say, Hey, this is the deal. This is the financing might make sense if you can line it up.   Simeon Papailias  15:37 100% we do that is exactly what we do. And that's what, again, what sets us apart. We offer full suite analytics, supported by real data. And it's always as part of a schedule to whatever email with any suggestion that goes out. So you're not going to get this is what I think or loosey-goosey. You're gonna get fully supported research improved as to what we're recommending.   Sam Wilson  16:01 Yeah. And I think was packaging that up, because a lot of stuff you'll get I think on the commercial real estate side is, you know, they'll show you the deal underwritten was like you said loosey-goosey a couple hey, if it was you know, you got it this percentage, this is what it could look like versus here's the one we absolutely recommend for your project.    Simeon Papailias  16:16 I mean, did you look at the capital expenditures, the remaining life of the equipment inside the mechanical room, the roof, the asphalt, the walls, the moisture? Like there's, again, people think, Oh, let me look at the rent or that's in the back of a napkin? That's great. No, bro. Not great. Because you're gonna be in a couple 100,000 The first year, which is gonna turn everything upside down, right?   Sam Wilson  16:37 Absolutely. What's one mistake you feel that you have either made or maybe you see some of your clients making that you could help others avoid.   Simeon Papailias  16:46 It's the same one I made when I was younger. And the same one I see all the time as clients not doing enough digging, it's every single pot of gold is hidden under some dirt. It's never out in the open, or else somebody would have already had it. So in order for anybody to win in real estate, just like anything else on the planet, you can't just read a book and succeed, you can't just, you know, throw a dart at the wall and hit the bullseye. It just doesn't work. You got to practice, you got to dig, and you have to engage in building a power team of trusted professionals in your market. And that is the number one piece of advice that I would give to any investor. If you're in Toronto, by all means hit us up. If you're in Vancouver, if you're in Seattle, if you're in San Francisco, there's a million meetups. There's a million resources where you can google it local real estate meetups speak to other investors who did you work with? What was it like? What did they do for you? Did you have to pay them don't look for free look for the right professional that wants to hit exactly what you do straight on at all times.   Sam Wilson  17:49 I love it. Simeon thank you for your time today. We've covered a lot of fun topics everything from financing to where you guys are finding opportunity down to you know building an investor-focused brokerage firm it's been a blast certainly enjoyed it. If our listeners want to get in touch with you what is the best way to do that   Simeon Papailias  18:03 My handle across all social media profiles is S Papailias, S-P-A-P-A-I-L-I-A-S  as well as if you just Google Broker's Playbook. You're going to find our industry-facing podcast, which is The Real Estate and Mortgage Professionals, Investors' Playbook for the Investor, which is launching on April 15.    Sam Wilson  18:23 Congratulations, Simeon. Thank you again.   Simeon Papailias  18:25 My pleasure, Sam. It was awesome to be here. Thank you.   Sam Wilson  18:27 Hey, thanks for listening to the How to Scale Commercial Real Estate Podcast. If you can do me a favor and subscribe and leave us a review on Apple Podcasts, Spotify, Google Podcasts, whatever platform it is you use to listen, if you can do that for us, that would be a fantastic help to the show. It helps us both attract new listeners as well as rank higher on those directories so appreciate you listening. Thanks so much and hope to catch you on the next episode.

“Change can only be made by oneself, for oneself. You can never pretend, you can't fake it, you're only fooling yourself. Change for the right reasons, or don't change at all.“ – Simeon Papailias    Connect with Simeon Papailias: LinkedIn Twitter Instagram Broker's Playbook Podcast YouTube Selected links and people mentioned in this episode: REC Canada Your Next Five Moves by Patrick Bet-David Principles by Ray Dalio Good to Great by Jim Collins Prince's Trust Canada Victor Hugo Connect with REIN Canada REIN Canada CEO@reincanada.com REIN Channel Facebook Instagram Twitter SHOW NOTES [02:08] Patrick introduces his next TEDM guest and fellow research aficionado: Simeon Papailias. [03:32] Simeon and Patrick get rolling with their conversation and mutual podcast respect! [06:16] Simeon touches on his brokerage, the values-driven journey he and his partners are committed to, and the incredible team they attract as a result. This commitment is essential and foundational. [08:32] Attracting the people who align with their values may be a result, but Simeon extends his perspective that with the clear and resolute culture they have created, it does not even allow the wrong people to show up. [12:34] Simeon shares his background from Canada to Greece and back to Alberta. “Born in a pizza bowl and raised in a kitchen”, Simeon spent his early years entrenched in the restaurant industry which included his own ventures and a firmly rooted entrepreneurial spirit. [14:39] From a lineage of self-employed people who relied on themselves for income, Simeon's father was busy working on the business, while his mother nurtured values, and taught him about relationships and emotional intelligence. Both styles of leadership have served him well in life. [16:52] Leadership in action. Simeon's mentor in real estate Simon Giannini, opened his world and mind to personal and professional development that greatly elevated his experience. He describes the impact of an enlightened perspective and recommends some life changing books. [22:24] Intensity tempered with humility. In his early years, Simeon describes his intensity, and the corporate success it brought him, as arrogant and judgemental. Life experience and people in whom he believed began to introduce humility, gratitude, and synchronicity. It is a change and evolution he is proud of. [28:21] Culture and nature can provide great values and tradition. AND it's important to remember how we occur and show up is always a choice, we are not exclusively bound by that culture or nature. Beyond those boundaries most people are wired to know the difference between wrong and right. [33:17] Patrick shares a quick personal story which illustrates values and the awareness we can cultivate through training. [35:44] Simeon expands his thoughts on growth and development and his reasons to keep working at it. Not to be in judgement of others but to further himself; to show up for his family and his business team to be a positive example, and to act in alignment with his integrity and values. [40:55] In the space of goals and passions, Simeon explains that for him money is no longer driving them. His passions revolve around growth and business development which may result in money opportunity and impact, but dollars are not the measure. [44:12] Significance and contribution. Simeon and Patrick discuss “success”, contribution, control, and efficiencies. In particular, they each dive into a view of balance vs. guilt, where they're at with it currently, and a consideration to look at life and business as one. And darn why not fold fun into every aspect of our lives! [56:02] With sports analogies acknowledged, Simeon talks about his approach to leadership, coaching and mentorship, who he is working with currently, plus the depth to which his mentors positively impact his life. Encourage somebody to move but keep them accountable.

Episode 121- Simeon Papailias – Intense & Wholehearted in Growth by Patrick Francey

Carmen and Jordan welcome guests, Simeon Papailias and Jacob Campagnaro, realtors at REC Canada (The Real Estate Centre), to the podcast today. Simeon and Jacob discuss how investors can graduate from owning residential properties to commercial, the many benefits of this asset class, and how to get approved on a commercial mortgage. Jacob also generously offers a free gift for listeners. These two are truly experts in this field, so be ready to take notes on the valuable information and advice that they have to share here today.  Episode Highlights: ·   The status of the market in the GTA ·   Cap rates ·   Getting started in commercial investment ·   Optimal locations and properties ·   What investors need to know when buying commercial properties ·   A case study ·   Getting approved on a commercial mortgage ·   Jacob's gift for listeners   Quotes:    “We lead with education.”   “Real estate is the best investment vehicle in the world.”   “You're actually purchasing for future value.”   “You're mitigating risk…it's an economy of scale.”   “Not only is it tax free, you're going to create an ROI that is through the roof.”   “It is a niche field.”   “What you want to create is a trusting team that's going to represent your interests for the long term.”   “That's the power of creative financing.”   “It's the property that has to identify with the rules that the bank sets.”   Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/   The Real Estate Centre: www.reccanada.com To receive a complimentary cash flow analyzer please email: commercial@reccanada.com

On today's episode, Carmen and Jordan welcome experienced realtors, Simeon Papailias and Jacob Campagnaro from the Real Estate Centre, to talk about the current trends in the Ontario real estate market, along with the benefits of investing in commercial real estate. They also review the importance of doing research when looking into investing, discuss how to screen a potential tenant, and offer a free gift to all listeners. Filled with knowledge and advice - not to mention the free gift - this is an episode you don't want to miss!   Episode Highlights:   Simeon and Jacob's background Current trends in Ontario real estate The importance of doing your homework when looking to invest Commercial real estate investing, how it works and the benefits it provides Screening a tenant Simeon and Jacob's gift for listeners Quotes:    “Buying and selling real estate and relocating is part of my life's fabric.”   “With the appropriate support and the appropriate understanding, commercial is actually a lot simpler than people think.”   “The market from a residential, multi-residential perspective – very hot.”   “It seems a bit daunting.”   “The banks look at the building's ability to service the debt, it's not you personally.”   “We look for holes and cracks in the marketplace that we can, obviously, leverage to our advantage.”   “We could talk about this all day.”   Links:   30 Minutes to Wealth homepage:  https://www.30minutestowealth.com/   Download the Real Estate Intelligence Book Here

Jas is one of those people who is going to inspire anyone he crosses paths with. His energy and enthusiasm for life, entrepreneurship, real estate and people is completely infectious. On this episode of The Your Life! Your Terms! Show we sit down with Jas Takhar, managing partner of www.RECCanada.com, and Laura Stewart, VP of Sales and Marketing. Jas outlines his journey from car sales to leading, together with his partner Simeon Papailias, one of the most active real estate teams in Canada. Buckle up for this one and enjoy the show!

In this episode, Jas is joined by Simeon Papailias, REC Managing Partner, and Chris Slightham, the President of Royal LePage Signature Realty. Originally aired as Brunch With REC the previous weekend, the guys delve into the ups and downs of the market during the lock down, drops some wisdom and offers his Top Tip. Bobby Puim, REC Dir. of Operations, drops in with viewer questions and Laura is back for another great Intro, decked out in her best Dutch orange dress. Laura and Jas talk a little bit about sports - they bring up the the UEFA Euros, a tournament that should have been happening now but was cancelled because of the pandemic. They give a shout out to Clem's team Portugal, defending Euro champs, as well as the one year anniversary of the Toronto Raptors winning the NBA Finals. They also talk about the gradual return to normal life as the lock down begins to ease up.  Enjoy the show! #JasTakhar #RECExperience #ChrisSlightham  #LauraStewart  #RECCanada #RealEstatePodcast #realestate #realestatelife #realestateinvestor #realestateinvesting #toronto #ontario #money  #SimeonPapailias Please don’t forget to subscribe, like, share, and comment. We love to read your comments! Check out some of our Luxury Property Tours: Check out some of our Luxury Property Tours: Selling Toronto - 12.2 Million Dollar Listing in Yorkville https://youtu.be/qH4UhH9sIfs The $14 Million New York Penthouse at 15 Hudson Yards https://youtu.be/xmsLCCDLc6U Welcome to The REC EXPERIENCE Video Channel: www.youtube.com/recexperience Listen to The REC EXPERIENCE Podcast: Itunes – www.recitunes.com Spotify – www.recspotify.com Visit the REC Canada Website: www.reccanada.com Read our Blogs: reccanada.com/blog Contact us: Tel: 1-833-JOIN-REC | Email: info@reccanada.com Book a Coffee with Jas: www.CoffeeWithJas.com Join us for Brunch With REC: www.brunchwithrec.com Fill out the form and you will instantly receive access to our exclusive webinar brunches via email. Visit Jas' website: www.jastakhar.ca Follow us on Instagram: REC Canada – @rec.canada Host Jas Takhar – @jastakhar13 Dir. Sales & Marketing Laura Stewart - @laurastewartto Follow us on Facebook:REC Canada – @recrealestate Jas Takhar – https://www.facebook.com/takharjas Laura Stewart - https://www.facebook.com/laurastewartto REC MEDIA SQUAD: Clemente Alves - Multi-Media Specialist & Executive Producer Stephen Rochester - Digital Marketing & Content Creator Keegan Knight - Jr. Videographer & Editor Danielle Meuret - Comic Artist & Illustrator

What a great episode of the “This is us” podcast we have for you! Carmen chats with Simeon Papailias and Jas Takhar from REC Canada about the best city to invest right now, the reasons why that is so, and the “extras” that come with it. Want to know what tenants and landlords are entitled to? The answers are here. Follow Jas Takhar on Instagram @jastakhar13 Follow Simeon Papailias @spapailias Check out REC Canada on: Instagram @rec.canada www.youtube.com/recexperience Listen to the podcast on iTunes: https://apple.co/2P0ej8u FOLLOW The Costa Group HERE: Instagram: http://bit.ly/2HTfMI3 Twitter: http://bit.ly/2CMTd4f Facebook: http://bit.ly/2Fb9DIN Website: www.thecostagroupmortgages.com

PRIME-REC EXPERIENCE LIVE PODCAST | PRIME PEOPLE | JAS TAKHARJas leads one of the Top Real Estate Teams in Canada. Based out of Toronto, ON Jas is managing partner with Simeon Papailias of the Real Estate Center (REC) team. They are experts in Residential, Commercial and Investment Real Estate.The Real Estate Centre (REC) is a full-service real estate sales and consulting brokerage, operating under the banner of Royal LePage Signature. Their Toronto based company is comprised of experienced realtors with proven track records across all property asset classes. Since our inception, we have been steadfast on our journey to become the top team in the nation by always delivering a “World Class Service Experience” to our clients. Jas and members of the REC team came down to London for a special live podcast event to discuss the state of the union in Real Estate. In this live episode, Justin and Jas discuss Investment Real Estate, the current situation in the London and Toronto markets, how to deal with rental properties and much more.FOLLOW JAS AND RECWEBSITE: https://reccanada.com/IG: https://www.instagram.com/jastakhar13/YOUTUBE: https://www.youtube.com/recexperienceBLOG: https://medium.com/@jastakhar13TWITTER: https://twitter.com/JasTakharFACEBOOK: https://www.facebook.com/takharjasLINKEDIN: https://www.linkedin.com/in/jastakhar/FOLLOW PRIMETWITTER: https://twitter.com/PrimeBrokerage1INSTAGRAM: https://www.instagram.com/primerealestatebrokerage/FACEBOOK: https://www.facebook.com/PrimeRealEstateBrokerage/LINKEDIN: http://bit.ly/2AoQ0IZWEBSITE: https://primebrokerage.ca/

Episode 127.1 - Simeon Papailias and Jas Takhar on the differences between commercial and residential real estate investing

Episode 108.2 - "A smart buy on an investment property and good management can provide cash flow for other uses or investments", Simeon Papailias and Jas Takhar explain.

Episode 108.1 - Simeon Papailias and Jas Takhar on the differences between commercial and residential real estate investing