Category Archives: off market property

From Auto Mechanic to Becoming The Vertical Split Genius



Ryan Carr is a full-time real estate investor from the Durham Region who specializes in helping homeowners get out of tough situations. His company, R.W. Carr Investments, has completed dozens of transactions with people across the GTA where debt, timing, maintenance, and repairs, or family nuances are a critical component to the deal.

Guest: Ryan Carr, Real Estate Investor, Speaker & Mentor

Ryan Carr is a full-time real estate investor from the Durham Region who specializes in helping homeowners get out of tough situations. His company, R.W. Carr Investments, has completed dozens of transactions with people across the GTA where debt, timing, maintenance, and repairs, or family nuances are a critical component to the deal.

Prior, Ryan was an auto mechanic and custom metal fabricator and his involvement with real estate began in 2012 with a rural bank-sale property, quickly followed by a series of deals including buy and holds, fix and flips, multi-family and new construction. The progression from these initial properties and subsequent resale led to fantastic experiences that propelled the concept of “vertical split” homes into the marketplace. The most interesting deal was a coach house that got national exposure on the news.

With a primary focus on the vertical split technique (A clever method of adding 2nd units to existing homes) Ryan has found as home values began to rise in the Durham Region, the cash flow crunch became the mainstream, which transformed the housing industry in two ways. The first being a solution to covering monthly expenses on properties, and the second being outside investor interest. His business focuses on purchasing properties from homeowners in sticky situations quickly and quietly.

Ryan is also involved in partnership opportunities, mentorship programs, and speaking engagements. He continues to innovate the industry with residential real estate purchases, coaching, new construction techniques, JV Partnerships, flipping, and small scale development. The purchasing of residential real estate has become his true passion and not just a business endeavour. You will learn about: – The importance of teamwork – Strategies to scale up your business – Taking deals and financing – Mistakes to avoid – Tips on buying properties

Books Mentioned: Winner Takes All: How Casino Mogul Steve Wynn Won and Lost the High Stakes Gamble to Own Las Vegas by Christina Binkley

Running Scared: The Life and Treacherous Times of Las Vegas Casino King Steve Wynn Paperback by John L. Smith

Get in touch with Ryan: Website: https://rwcarrinvestment.com Email: info@rwcarrinvestment.com


Building a Real Estate Investing Business with 3 Separate Paydays Per Property



Chris has been in real estate for over 25 years and his team, based out of Rhode Island and students across the US, acquires 5-10 properties each and every month without using any of their own money, through owner financing or lease-purchase (rent to own), the latter of which creates 3 separate paydays totalling around $75,000.

Guest:  Chris Prefontaine, Real Estate Investor and Author

Chris has been in real estate for over 25 years and his team, based out of Rhode Island and students across the US, acquires 5-10 properties each and every month without using any of their own money, through owner financing or lease-purchase (rent to own), the latter of which creates 3 separate paydays totalling around $75,000.

He and his family team have done over $80 million in real estate transactions. They mentor, coach, consult, and actually partner with students around the country (by application only) to do exactly what they do.

Chris’ past experience includes the construction, mostly during the 1990s, of over 100 single-family and duplex homes. He owned a Realty Executives Franchise (Massachusetts 1994-2000) as broker/owner which maintained high per-agent standards and eventually sold to Coldwell Banker in 2000.

During the 2000s his focus included coaching $½ million and higher REALTORs® in order to scale and automate their business throughout the US and Canada. He also participated (and still does selectively) in doing condo conversions (multi-family homes to condos) and “raise the roof” projects, converting single-family ranches to colonials in growth neighborhoods.

Chris is a big advocate of continuing education and participates regularly in high-end mastermind groups, as well as consults with private mentors. His goal is to continue to have his adult children involved in the business to grow to 50+ properties and 125 working students around North America.

You will learn about:
– Lease purchases (rent to own) strategies
– Investing processes in the US
– Purchase agreements
– Joint venture screening tips
– Tips on finding deals

Get in touch with Chris:
Contact Page: 
www.smartrealestatecoach.com/contact/
Website: www.smartrealestatecoach.com
Podcast: https://smartrealestatecoachpodcast.com/
Phone: 855-667-7336 x825
Email: support@smartrealestatecoach.com

Books Mentioned:

#1. The New Rules of Real Estate Investing: 24 Leading Experts Reveal Their Real Estate Secrets by Chris Prefontaine

#2. Real Estate On Your Terms: Create Continuous Cash Flow Now, Without Using Your Cash Or Credit by Chris Prefontaine


Episode 33 – Completing Every Type of Real Estate Investing Transaction



One of the challenges as your real estate investing career develops is being able to make the switch from one form of investing to another successfully.

With nearly 30 years of experience in real estate, there is not a strategy that Mat Frederick has not executed; in fact, it is believed he may be the only Canadian to have done so!  

Everything from starting in residential income property then expanded to buy-fix-sell, lease option, commercial buildings and new development.  Mathew has led on renovating properties over 28 years which includes partnering with a developer over the past 6 years to build houses and low-rise condo buildings.

He now focuses on managing the assets of commercial portfolios including plazas and multi-family buildings plus coaching investors in business and real estate acquisition. He will also be sharing his thoughts on what he sees as the next big investing opportunity, storage units.

His application of these strategies is more than just simple engagement – it’s about performing each strategy 4 or 5 times and wrangling out most kinks… the kind of kinks you only discover during application.

In this episode you’ll learn:

– Tips on getting a great Joint Venture Partner

– Tips and strategies on Real Estate Development

– Great Real Estate philosophies

– Pro’s and Con’s on storage properties

– Great Real Estate insights and analysis

And more about Mat’s portfolio.

Get more about Mat Frederick at:

Website: http://nidushub.com

Phone Number: 647-243-3600

Email:  info@NidusHub.com

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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

Episode 22- How to Find Off-Market Deals



In this episode of Where Should I Invest, Sarah featured Kory MacKinnon and his journey in Real Estate Investing. Kory MacKinnon is a successful Real Estate Investor with over decade of experience. He started with a 6-plex property back in
2005 and today managing 20+ properties / 60+ rental units. In this episode, he will share his experience on how he was mentored by his landlord and walk us through how he transitioned himself from having a corporate job to doing Real Estate full time. Also he bought a house for only $5k, WHAT!? Hear about it here and more….
Listen to learn about. . .
– Finding off market deals
-Different real estate investing methods
– The BRRR method
– Multifamily properties
– and so much more!
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https://www.youtube.com/channel/UC9DbFl4XFDGpMl4mUQvpi5Q

 


Episode 21- What You Need to Know About the BRRR Method & Why it Works



Matt and Kellan live and invest in London Ontario.

Matt McKeever is a full time Real Estate Entrepreneur who quit the rat race at 31 and Kellan Paniccia is a real estate investor who achieved financial independence through real estate.  Both are successful millennials that are giving back to the community by hosting monthly real estate clubs and sharing their knowledge through many avenues such as on social media and a youtube show.

Episode Highlights:

  • Learn about the BRRR Strategy (Sarah’s Favorite)
  • Hear about the 1% rule for Cashflow in Real Estate Investing
  • Finding Off-Market Houses
  • Tips on where to get leads and deals.
  • Listing Properties; Kijiji Vs Multi Listing Service

Contact Information:

For more information;

  • Matt McKeever: YouTube, www.YouTube.com/MattMcKeever, www.instagram.com/mattmckeever85
  • Kellan: Instagram, www.instagram.com/kellan.pan