Category Archives: canada

Property Management Horror Stories, Lessons and Tips



Eric Blenkarn is a Property Manager and Real Estate Investor. A serial entrepreneur from his early teens, after an initial career in construction, it was following his own frustration with a property management company who was looking after one of his properties, that he knew how he wanted to run his own management company.
Guest: Eric Blenkarn, Real Estate Investor Eric Blenkarn is a Property Manager and Real Estate Investor. A serial entrepreneur from his early teens, after an initial career in construction, it was following his own frustration with a property management company who was looking after one of his properties, that he knew how he wanted to run his own management company. Although he recalls many horror stories (including finding a cat in a freezer!) and refers to property management as a ‘thankless and tough job’ he has positioned his own company Eco Property Management as a stand out provider in the space. He is still able to take time for vacations and follow other business interests by leveraging technology to run his business from anywhere. His clients and tenants can request service via an app all connected to his service teams and providers. He also recruited a former social worker contact to come work for him as a property manager who keeps a presence on the ground when he is travelling. His first property was a house he bought for his impending marriage but had some time to rent it out for a while, planning to move in once married. However, he ended up living in a different city and kept it as an investment property. His own portfolio now consists of around 14 properties which tend to be in constant flux, usually selling to make more investments, e.g. sell one buy two, focused in Hamilton and Brantford. Most are buy and hold or BRRR properties. Although unusually he does have a women’s shelter as one property where he works with not-for-profits as his clients who look to place short-term tenants and they also maintain the property. You will learn about: – Property Management horror stories – How to deal with property and tenant issues – Property manager insider tips on screening tenants – What to look for when hiring property managers Get in touch with Eric: Mat’s Website:https://www.ecopropertymanagement.ca E-Mail:info@ecoproperties.ca Book Featured: More Than Cashflow: The Real Risks & Rewards of Profitable Real Estate Investingby Julie Broad
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“Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis. DALIA BARSOUM, MBA Finance  President and Principal Broker, Streetwise Mortgages Best selling Author: Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want  Winner of the Outstanding Customer Service Award: CMP Top 75 Brokers in Canada ( 2017 and 2018): Canadian Mortgage Professionals Magazine ( CMP) Mortgage Broker of the year (2017, 2015): Canadian Real Estate Wealth Magazine Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ] Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900.

Take Action and Specialize to Get the Life You Want



Mat Piche is a real estate investor specializing in the Kitchener-Waterloo region and through his regular eating of a whole food plant-based diet has also become known as  “The Fruitful Investor” with which he has built his brand.
Guest: Mat Piche, Real Estate Investor and Realtor Mat Piche is a real estate investor specializing in the Kitchener-Waterloo region and through his regular eating of a whole food plant-based diet has also become known as  “The Fruitful Investor” with which he has built his brand. Coming from a long line of carpenters, Mat has always had an interest in building and renovations- you could even say it is in his ‘blood.’ Combine this with his passion for real estate investing and his desire to achieve financial freedom for both himself and his clients and together you have one motivated real estate agent! As a child, Mat’s family struggled financially like many others and early on, he knew that there was more to life than just ‘living to get by.’ After graduating from high school, he began his carpentry apprenticeship with a small renovations company, working alongside two senior employees who soon became his mentors. With help from his mentors, Mat soon became a skilled carpenter in residential renovations. Nearing the end of his apprenticeship, Mat began to question his future as a company-employed carpenter. While he loved the work, he found himself caught up in the never-ending ‘rat-race’ they call life-. As a 20-year-old, this is something he had never envisioned for himself and he delved into a journey of self-reflection and analysis. While for some this type of self-reflection comes later in life, for Mat this type-A mentality was nothing new. Mat took control of his life for the first time and bought his first investment property on his 22nd birthday. This purchase marked a major turning point in his life, giving him the confidence he needed to quit his job and start his own renovation company strictly for other investors. Mat’s innovative renovation methods for saving client’s money set him apart from his competitors and earned him the respect of many local investors, allowing him to build strong relationships and connections with them. Going from broke carpenter at 20 years old to now owning 23 properties by the age of 30, his own portfolio did mostly comprise of single family homes but more recently he has been expanding into multiplex units, student housing and flips. Scaling his business accelerated by working with joint venture partners, all of whom he has attracted through his YouTube channel and social media activity. Mat is now focused on helping more people also create freedom in their lives by owning quality investment properties by specializing and educates and helps them through his podcast, videos, coaching and The Fruitful Investing Academy. His real estate investing life has enabled him to have the freedom to follow his passion for travelling and eating fruit around the world. You will learn about: – Real Estate Strategy and financing tips – Working with a Joint Venture partner – Benefits of focusing and specialization Get in touch with Mat: Mat’s Website: http://www.kwpropertypro.com/ E-Mail:homes@kwpropertypro.com The Fruitful Investing Academy: https://fruitful-investing-academy.teachable.com/ The Fruitful Investing Podcast – https://podcasts.apple.com/ca/podcast/the-fruitful-investing-podcast/id1451460493 YouTube:https://www.youtube.com/TheFruitfulInvestor Instagram:https://www.instagram.com/matpiche/ Book Featured: Real Estate Investing in Canada: Creating Wealth with the ACRE Systemby Don R. Campbell
“Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis. DALIA BARSOUM, MBA Finance  President and Principal Broker, Streetwise Mortgages Best selling Author: Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want  Winner of the Outstanding Customer Service Award: CMP Top 75 Brokers in Canada ( 2017 and 2018): Canadian Mortgage Professionals Magazine ( CMP) Mortgage Broker of the year (2017, 2015): Canadian Real Estate Wealth Magazine Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ] Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900.

Understanding Private Lending and Investing with Registered Funds



Susan Flanagan started real estate investing by accident when she was an Emergency Nurse but soon got her hungry for more and ended up with a second investment property in little over a year and has now been investing in Real Estate for over 25 years.
Guest: Susan Flanagan, Real Estate Investor and Mortgage Agent Susan Flanagan started real estate investing by accident when she was an Emergency Nurse but soon got her hungry for more and ended up with a second investment property in little over a year and has now been investing in Real Estate for over 25 years. Her Real Estate journey started with a condo purchase in the early 1980s, then continued on with purchasing duplexes, student rentals, rent-to-own projects and also homes to fix and flip even while working in nursing in California. While still buying properties Susan also started lending money from her RRSP funds for mortgages. Initially, it was hard to find people to lend money to but once it started taking off she soon ran out of her own money and started helping investors make a connection with others who had private money to lend. Susan was effectively brokering deals so she realized she needed to obtain a mortgage licence so that she could assist borrowers and lenders on a regular basis. Now as a Mortgage Agent, specializing in Private Lending through her company PrivateMoney4Mortgages.com powered by Streetwise Mortgages (License # 12900). Now, most of her real estate investing is done with private lending for mortgages through registered funds (RRSP, RESP, RRIF, TFSA, LIRA) as well as using cash. You will learn about: – Great Private Lending tips and its risks – Different investing options – Understanding registered fund investing – Financing insights and tips Get in touch with Susan: Website: privatemoney4mortgages.com Phone Number: 519 803 1642 Facebook: https://www.facebook.com/PrivateMoney4Mortgages/ LinkedIn: https://www.linkedin.com/in/susan-flanagan-08998a2a/ Twitter:https://twitter.com/AMPmortgage Book Featured: The RRSP Secret: Defend and Build Your Wealth with This Powerful Investment Strategy by Greg Habstritt
“Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis. DALIA BARSOUM, MBA Finance  President and Principal Broker, Streetwise Mortgages Best selling Author: Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want  Winner of the Outstanding Customer Service Award: CMP Top 75 Brokers in Canada ( 2017 and 2018): Canadian Mortgage Professionals Magazine ( CMP) Mortgage Broker of the year (2017, 2015): Canadian Real Estate Wealth Magazine Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ] Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900.

Millennial Mindset and Approach to Investing and Business



As a millennial Tyler Vanderwoude was never planning to follow the traditional job for life path and from early on in his career he was educating himself about how his money was going to make money.
Guest: Tyler Vanderwoude, Real Estate Investor and Entrepreneur As a millennial Tyler Vanderwoude was never planning to follow the traditional job for life path and from early on in his career he was educating himself about how his money was going to make money. With a BComm degree from McMaster, he had a good overall understanding of business and has always felt to have an entrepreneurial mindset. This enabled him and his wife to get into real estate early and by 25 they had two properties and had helped his wife launch her own salon business. On the podcast, Tyler indicated his desire to also have his own business and earlier in 2019 he started Tykel Commercial Door Supply Inc. You will learn about: – Insights on refinancing your mortgage – Tips on buying properties as a millennial – What are Purview and GeoWarehouse reports and the insights they give – Setting up your goals and the right mindset Get in touch with Tyler: Email: tylervanderwoude@hotmail.com Website: https://www.tykel.ca/ Instagram: @tylervanderwoude LinkedIn: https://www.linkedin.com/in/tyler-vanderwoude-47204946/

Working With a Contractor and Project Manager as Part of Your Team



Brandon Williams is a Real Estate Investor and Contractor with 5 years of experience, executing construction and renovation projects for small to large firms in the Healthcare and Residential sectors. He has also built his real estate investing business with flipping.
Guest: Brandon Williams, Real Estate Investor / Contractor Brandon Williams is a Real Estate Investor and Contractor with 5 years of experience, executing construction and renovation projects for small to large firms in the Healthcare and Residential sectors. He has also built his real estate investing business with flipping. He was born in Jamaica and in a competitive culture, he soon understood the importance of excelling. He now lives in Brampton, Ontario and has degrees and qualifications in Architecture and Architectural Technology and initially started working on Construction and Renovation of fire damaged houses which involved intense projects and long days that soon had him looking for alternative longer-term opportunities and came across real estate investing as a market to work in. He generated over $90,000 in renovation project sales in a 6 month time period while successfully maintaining a 30% profit margin on all projects managed. He has managed the full life cycle of projects with over $1.2 Million in capital costs, including responsibility for multidisciplinary teams from 5-25 people. You will learn about: – Tips on overcoming your fear of quitting your job, getting out and started in real estate – Why educating yourself is important – Lessons learned from the ups and downs of his first flip project including finding $290,000 at the last minute. Get in touch with Brandon: Email: brandon@stewardv.com Linkedin: https://www.linkedin.com/in/brandon-williams-b8643026/ Twitter: https://twitter.com/joshgusscott Instagram: https://www.instagram.com/joshgusscott/ “Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis – be sure to mention the podcast! Read more about Dalia by clicking here.
DALIA BARSOUM , MBA Finance  President and Principal Broker , Streetwise Mortgages Best selling Author : Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want  Winner of the Outstanding Customer Service Award : CMP Top 75 Brokers in Canada ( 2017 and 2018)  : Canadian Mortgage Professionals Magazine ( CMP) Mortgage Broker of the year ( 2017 , 2015 ) : Canadian Real Estate Wealth Magazine [Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ] Mail:  53 Berry Trail, Woodbridge, ON , L4H 2T4 | License # 12900

Innovative Approaches to Finding Money Partners and Deals



After training as an international professional athlete for 15 years Sarah Eder took the first steps in real estate by helping a highly successful property management investor manage over 150 doors. This investor was also a master at joint ventures so when Sarah was not in a position to get her own mortgages she still had the confidence and knowledge to be able to raise over 7-figures in real estate investments in a little over 3 years.

Guest: Real Estate Investor, Sarah Eder

After training as an international professional athlete for 15 years Sarah Eder took the first steps in real estate by helping a highly successful property management investor manage over 150 doors. This investor was also a master at joint ventures so when Sarah was not in a position to get her own mortgages she still had the confidence and knowledge to be able to raise over 7-figures in real estate investments in a little over 3 years.

Now as the owner of Sarah Eder Investments, she is using a more complicated joint venture approach to not only focus on more traditional 50/50 flips, but also multi-family properties and larger-scale developments and commercial conversions that require more than one JV partner.

With the mind of a savvy, socially connected millennial she uses an innovative approach in looking at the real estate investing world differently than most and is able to find 50% of her JV deals through social media, where she is very active. Now a full-time investor, coach, and mentor, when not developing innovative ways to raise capital, she is mentoring others on how to successfully use joint ventures. She has been on multiple stages speaking about these topics and her success has been recently featured in Canadian Real Estate Wealth magazine.

You will learn about: – Tips on structuring deals – What is VTB (Vendor Take Back) Mortgage – Raising capital tips and strategies – How to find money partners and deals and what you need to know

Get in touch with Sarah: Website: www.saraheder.com Email: sarah@saraheder.com Social media tags: @sarahederinvest

“Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis – be sure to mention the podcast!  Read more about Dalia by clicking here.

DALIA BARSOUM , MBA Finance 
President and Principal Broker , Streetwise Mortgages
Best selling Author : 
Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want 

Winner of the Outstanding Customer Service Award : CMP

Top 75 Brokers in Canada ( 2017 and 2018)  :  
Canadian Mortgage Professionals Magazine ( CMP) 

Mortgage Broker of the year ( 2017 , 2015 ) :
Canadian Real Estate Wealth Magazine

[Direct: 416-985-4698 | www.streetwisemortgages.com | 
Toll Free & Fax: 1-800-208-6255 ]
Mail:  53 Berry Trail, Woodbridge, ON , L4H 2T4 | License # 12900


Successful Tenant Screening in 5 Easy Steps – Step #3 – Phone Screening



In this solo episode, Sarah shares the third step, Meeting with potential applicants, of her, tried and tested 5-step process to finding the best tenants. Don’t rely on guesswork or your gut. Use these 5 steps to ensure you find the best tenants for your rental properties.
What you’ll learn:
  • How to plan property viewings
  • The right questions to ask
  • What to listen and watch for – the red flags
  • How to reject tenants the right way
In this solo episode, Sarah shares the third step, Meeting potential applicants, of her, tried and tested 5-step process to finding the best tenants. Don’t rely on guesswork or your gut. Use these 5 steps to ensure you find the best tenants for your rental properties. To understand Step 1 listen to episode 43 here To understand Step 2 listen to episode 46 here To really go deep on this subject buy Sarah’s comprehensive online program covering this subject. https://udemy.com/successful-tenant-screening-in-5-easy-steps/ FOR A LIMITED TIME: Grab your copy of the ‘Market Fundamentals’ worksheet that Sarah mentions in this episode. Only available for a short while https://sarahlarbi.com/free/

How to Increase BRRRR Cash Flow By Expanding Single Homes to Multi-Family Units



Elizabeth Milder is the co-owner of Expansion Properties, a real estate investment firm based in Victoria, BC. Expansion Properties currently has 11 units under management and are in the process of building 2 new single-family homes that will be ready to sell around June 2019, a first for the company.

Guest: Real Estate Investor, Elizabeth Milder

Elizabeth Milder is the co-owner of Expansion Properties, a real estate investment firm based in Victoria, BC. Expansion Properties currently has 11 units under management and are in the process of building 2 new single-family homes that will be ready to sell around June 2019, a first for the company.

Elizabeth and her partner in life and business Cole have become experts in the application of the BRRRR method (Buy, Renovate, Rent, ReFinance, Repeat) and identifying properties with the potential for adding additional square footage, By converting single-family homes to multi-unit rentals (2,3 and 4 units) they can significantly add to the property value and cash-flow.

With her passion for entrepreneurialism and a desire to encourage other women to realize the power of real estate investing, Elizabeth has recently started a VLOG called Queens of Expansion. Through Queens, Elizabeth leverages her relationships in the real estate industry, interviewing other successful women investors/developers, to offer insight and encouragement to would-be investors

You will learn about: – Insights on property conversions – The process of converting properties – Key people to have on your team – Insights for doing joint venture projects – Tips on financing your projects

Get in Touch with Elizabeth: Website:https://www.expansionproperties.com E-mail:elizabeth@expansionproperties.com Facebook:facebook.com/queensofexpansion/ Other social media @queensofexpansion

“Where Should I Invest” is brought to you in part through the sponsorship and support of Dalia Barsoum of Streetwise Mortgages. contact her to book a FREE Goals Analysis – be sure to mention the podcast!  Read more about Dalia by clicking here.

DALIA BARSOUM, MBA Finance  President and Principal Broker, Streetwise Mortgages Bestselling Author : Canadian Real Estate Investor Financing: 7 Secrets to Getting All The Money You Want 

Winner of the Outstanding Customer Service Award: CMP Top 75 Brokers in Canada ( 2017 and 2018)  : Canadian Mortgage Professionals Magazine ( CMP) Mortgage Broker of the year (2017, 2015 ) : Canadian Real Estate Wealth Magazine

[Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ] Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900


Successful Tenant Screening in 5 Easy Steps – Step #2 – Phone Screening



In this solo episode, Sarah shares the second step, Phone screening potential applicants, of her, tried and tested 5-step process to finding the best tenants. Don’t rely on guesswork or your gut. Use these 5 steps to ensure you find the best tenants for your rental properties.
What you’ll learn:
  • What to do once you have suitable potential tenants
  • Why it’s important to have a phone conversation
  • The right questions to ask
  • What to listen and watch for – the red flags
  • How to set up the next stage of screening
In this solo episode, Sarah shares the second step, Phone screening potential applicants, of her, tried and tested 5-step process to finding the best tenants. Don’t rely on guesswork or your gut. Use these 5 steps to ensure you find the best tenants for your rental properties. To understand Step 1 listen to episode 44 here To really go deep on this subject buy Sarah’s comprehensive online program covering this subject. https://va2site.udemy.com/successful-tenant-screening-in-5-easy-steps/ FOR A LIMITED TIME: Grab your copy of the ‘Market Fundamentals’ worksheet that Sarah mentions in this episode. Only available for a short while https://sarahlarbi.com/free/

Getting Through the Pitfalls and Analysis Paralysis to Multi-Family Investing Success



Britta Hild started in the world of real estate investing in 2011 purchasing a 5 unit building in Toronto. Having only previously bought a primary single unit residence she was unprepared for the added work to close the deal and handling the day to day life of a landlord. She quickly learned about property management, renovations and tenant relations through doing these tasks on her own.
Guest: Real Estate Investor and Landlord, Britta Hild Britta started in the world of real estate investing in 2011 purchasing a 5 unit building in Toronto. Having only previously bought a primary single unit residence she was unprepared for the added work to close the deal and handling the day to day life of a landlord. She quickly learned about property management, renovations and tenant relations through doing these tasks on her own. These early real estate investing challenges did not deter her, rather they served as great lessons for Britta when she pursued a subsequent joint venture in Hamilton with another multi-unit property because of the benefits of having more doors in one building. The current market in the GTA is changing rapidly and it is essential to have a plan in place to make sure that your real estate investments are working for you and not the other way around. This was brought home in a very stark way for Britta when her mother fell seriously ill and she was able to look after her full-time knowing her properties were cash flowing. Never one to tire of talking about real estate investing, Britta understands the concerns, worries and benefits of being a real estate investor and landlord, from financing to renovations to tenants. You will learn about: – Benefits of having multiple tenants – Tips on how to overcome your real estate investing struggles – Tips on building a solid team – What new investors should be aware of – Tips on finding and screening tenants Get in Touch with Britta: E-mail: britta.hild@gmail.com