Category Archives: Property Management

Juggling Properties and Roles as a Busy Investor

October 18, 2019BRRR, canada, duplex, flip, flipping, Life Lessons, Mindset, Multifamily Investing, off market property, Property Management, Real Estate, Real Estate InvestingBrian Fitzgerald, podcast, Real Estate, Real Estate Investingwhereshouldiinvest

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Brian Fitzgerald is a firefighter, real estate agent as well as a real estate investor for the last 6 years in the Hamilton & Niagara area.

Guest: Brian Fitzgerald, Real Estate Investor & Realtor

Brian Fitzgerald is a firefighter, real estate agent as well as a real estate investor for the last 6 years in the Hamilton & Niagara area. Brians start in investing began when he decided to tackle a couple of flips on the Hamilton Mountain. Having only been a handyman, Brian jumped in headfirst and learned many valuable lessons along the way and came out with vast experiences in the renovation and contracting world – he also came out with much less hair after the experiences. Since then Brian has focused his strategy to more Buy & Hold investments, with current plans to jump back into the renovations and getting his hands dirty with the BRRRR strategy. His experience with home buying, renovations, dealing with contractors, and being a landlord himself are also a large benefit to the investor clients he serves as a Realtor. His easy-going approach with clients and his knowledge of renovation practices and expenses make him an absolute asset to any investor that he works with.

When it comes to the management side of his properties, Brian’s biggest asset is his ability to find the best tenants and put them into his A+ properties. His property management company, Fitzgerald PM, also serves many of his investor clients that choose to be hands-off with their real estate investments. His portfolio currently consists of duplexes, single-family rentals as well as a recreational property on the water which makes Brian a really experienced and well-rounded investor as well as Realtor. You will learn about: – The pros and cons of making deals – How to find off-market deals – Managing time when having more than one job role – Managing your portfolio

Books Mentioned: The Millionaire Real Estate Agent: It’s Not About the Money…It’s About Being the Best You Can Be! by Book by Dave Jenks, Gary W. Keller, and Jay Papasan

How to Win Friends and Influence People Paperback by Dale Carnegie

Get in touch with Brian: Website: www.brianfitzgerald.ca / www.fitzgeraldpm.ca E-mail: brian@brianfitzgerald.ca Facebook: https://www.facebook.com/thehomethatfitz/ Instagram: @thehomethatfitz The ‘Real Estate Investors Lounge’ Podcast: @reilpodcast

Managing 1,000 Properties & Investing in Eastern Canada

August 23, 2019BRRR, canada, Finance, Property Management, Real Estate, Real Estate Investing, tenantJeff Murray, New Brunswick, property management, renantwhereshouldiinvest

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Guest: Jeff Murray, Real Estate Investor

Jeff Murray, born and raised in St John, New Brunswick got started in real estate nearly 10 years ago buying an investment property from a friend and mentor. The rental market at the time was soft because many people were leaving the city to get work out west.

However, Jeff was always successful in maintaining high occupancy rates in his properties, understanding the significance of maintaining the investments, so when an opportunity came along to buy the name and concept of Canada Homes for Rent, his entrepreneurial DNA kicked in and he was suddenly a property management business owner.

Focused initially on single-family homes, Jeff and his wife built the management portfolio to 70-80 homes when they realized they needed more help. 7 years later, Canada Homes for Rent has a team of around 30 managing 1,000 properties for 180+ owners/investors. Proudly Jeff still manages the very first property that he started with. Canada Homes for Rent is a property management and residential leasing company, started its operations in Saint John and soon expanded to Moncton, Fredericton and other places throughout New Brunswick. Seamlessly managing a variety of houses, apartments, condos and commercial spaces, offering 24/7 service and maintaining an average of 95% occupancy on its rental units.

Gaining much of its business by referral, the company offers a wide range of services, which include; in-depth tenant screening, extensive advertising, tenancy agreement, move-in/move-out inspections, leasing, client co-ordination, mail forwarding, property viewing, repairs and renovations, in-house cleaning, lawn care and snow removal and overall property management. It also advises investors on how to find new opportunities. You will learn about: – How to succeed in running a property management company – Controlling property maintenance and costs – The New Brunswick real estate market insights and taxation challenges

Get in touch with Jeff: Website: https://www.chfr.ca Phone: (506) 216-3113 Email: jeff@canadahomesforrent.ca Facebook:https://www.facebook.com/CanadaHomesForRent

How to Cash Flow Properties in Expensive Markets

August 9, 2019BRRR, canada, duplex, Joint Venutre, Multifamily Investing, Property Management, Real Estate, Real Estate Investing, Renovations, tenant, wealthwhereshouldiinvest

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Nam Phung arrived in Canada from a refugee camp in 1987, starting high school in Canada speaking very little English and worked part-time to support himself through high school and university. His formal education includes a degree from York University in Business Administration Studies with a Major in Accounting and his career was spent as a Senior Accountant and Financial Analyst before becoming a full-time investor.

Guest: Nam Phung, Real Estate Investor Nam Phung arrived in Canada from a refugee camp in 1987, starting high school in Canada speaking very little English and worked part-time to support himself through high school and university. His formal education includes a degree from York University in Business Administration Studies with a Major in Accounting and his career was spent as a Senior Accountant and Financial Analyst before becoming a full-time investor. He started investing in real estate 13 years ago and focuses on multi-unit properties ideally with 4 up to 12 units in higher-end sub-markets in Toronto, with a current portfolio of a dozen properties valued at over $15 million. His two more recent investments have been an 11 unit property and also a cottage which he has on Air BnB and enjoys himself. Nam has found his key to successful investing in expensive markets is closely managing the construction, ongoing property management and maintenance and be sure to maintain good relationships with suppliers, the trades as well as his tenants. Nam has helped a number of his fellow accountants get into real estate investing and also holds a real estate license with Keller Williams in Mississauga. You will learn about: – Toronto market insights – Cap rate, financing and cash flow insights – Tips on finding and financing a property – Some common investor mistakes Get in touch with Nam: Email: namphung@sympatico.ca

“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.

Property Management Horror Stories, Lessons and Tips

July 19, 2019BRRR, canada, flip, Life Lessons, Property Management, Real Estate, Real Estate Investingwhereshouldiinvest

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

May 31, 2019BRRR, canada, Property Management, tenantwhereshouldiinvest

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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/

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

May 17, 2019BRRR, canada, Property Management, Real Estate, Real Estate Investing, tenantSarah Larbi, tenant screeningwhereshouldiinvest

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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

May 10, 2019canada, Life Lessons, Multifamily Investing, Property Management, Real Estate, Real Estate Investing, tenantwhereshouldiinvest

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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

Getting Involved in the Fastest Growing, Most Underserved Real Estate Investing Niche in North America with Mitch Parker

April 19, 2019canada, Multifamily Investing, Property Management, raising capital, Real Estate, Real Estate InvestingCanada, Canada Investing, cash flow, Real Estate, Real Estate Investing, senior housing, Student Rentalswhereshouldiinvest

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Mitch Parker has become a go-to media expert who has been featured by Canada AM, CTV, Sirius XM, Toronto Sun, Huffington Post, and more. As the energetic and passionate real estate expert behind Mitch Parker Group his focus is on wealth accumulation and sustainability through real estate.

Guest: Real Estate Wealth Expert, Mitch Parker

After graduating in Business with a specialization in Finance, he started buying student rental housing with his first joint venture partner, his Dad. Since then he has been involved in millions of dollars of transactions ranging from private mortgages to equity placements to rent-to-own homes and developments.

He’s currently acting as Director of Marketing and Sales for The Founders Residences which develops seniors specific housing which provides a unique opportunity for investors to purchase fully managed residential condominiums and earn exceptional returns while participating in the fastest growing and most underserved market niche in North America. You will learn about: – Benefits of starting with student rentals – Insights about seniors housing and what to look at. – Pros and Cons with Senior Housing – The similarities and differences between senior and student housing.

Book Recommended: Driving Miss Norma by Tim Bauerschmidt & Ramie Liddle This is a story of Miss Norma who was diagnosed with uterine cancer, she was advised to undergo surgery, radiation, and chemotherapy. But instead of confining herself to a hospital bed for what could be her last stay, Miss Norma—newly widowed after nearly even decades of marriage—rose to her full height of five feet and told her doctor, “I’m ninety years old. I’m hitting the road.”

Get in Touch with Mitch:

Website: http://www.mitchparkergroup.com Facebook:https://www.facebook.com/MitchParkerRE/

Get a copy of Sarah’s brand new “Market Fundamentals Worksheet” that she mentions in the podcast click here to grab your copy.

“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

Should You Self-Manage or Hire a Property Management Company? With Jason Hull

March 3, 2019canada, Property Management, Real Estate, Real Estate Investing, wealthJason Hull, podcast, portfolio, property management, Real Estate Investing, Sarah Larbiwhereshouldiinvest

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Jason Hull got his entrepreneurial start after working for a few tech companies and then going through a divorce. That drove his need to have more time with his kids.

Like many entrepreneurs, he gave up safety & certainty of a job to allow him greater freedom and he did it for his family, to be able to spend time with his two daughters. Once the entrepreneurial fire was lit, he couldn’t put it out.

Jason’s mission in life is to inspire others to love true principles. This means he loves uncovering & learning what works and sharing it with others.

You will learn about:

Pros and cons to self-managing or hiring a property manager
Tips on finding a property manager
How to scale up your portfolio
What to ask a property manager to ensure you have the best one working for you

More about Jason:

Jason has enjoyed being able to help grow businesses from wherever he called home & operating in the background. He has been the secret weapon of savvy property management entrepreneurs for a decade.

With a little pushing and prodding from both coaches & clients, Jason realized he would have to be the one to create the change that he wanted to see happen in the property management industry. He launched DoorGrow with the mission to “Transform Property Management Businesses & Their Owners” with the intention of transforming the entire industry through his followers & clients.

Jason is challenging the status quo and disrupting the accepted group-think existing in the industry that assumes that you need to do costly marketing (advertising) in order to grow. He also is shifting his clients’ focus from fighting over the small amount of existing market share to creating new market share instead.

Get in Touch with Jason:

Facebook: https://www.facebook.com/DoorGrow/

Twitter: https://twitter.com/doorgrow

Instagram: https://www.instagram.com/doorgrow/

YouTube: https://www.youtube.com/doorgrow

LinkedIn: https://www.linkedin.com/company/doorgrow/

Websites: https://doorgrowlive.com/ & https://doorgrow.com

Share and Subscribe for more content, visit our Youtube channel at https://www.youtube.com/channel/UC9DbFl4XFDGpMl4mUQvpi5Q

On Facebook at https://www.facebook.com/SarahLarbi84/

“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 32 – Long Distance Real Estate Investing and Property Management

December 23, 2018Canadians investing in the USA, Finance, flip, flipping, Investing in the USA, Property Management, Real Estate, Real Estate InvestingFlipping properties, property management, Real Estate, Real Estate Investing, USA, wholesalingwhereshouldiinvest

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In this episode of the Where Should I Invest? podcast, Sarah interviews Thomas Lorini and talks about how he got started in real estate investing.

Thomas is a successful real estate investor with over a decade of experience. He started with a townhouse back in 2004 and today manages 20+ rental units, from Southern California. Additionally, he has completed several flips and wholesaled properties from over 4,000 kms away!

He will share how he transitioned from Ontario Canada to Southern California, how he self-manages his properties by implementing a solid system in his local markets and has been rapidly expanding his portfolio in the last year.

In this Episode you’ll learn. . .

– Tips on Long Distance Real Estate Management

– More Investing information on Windsor, Ontario

– Tips on finding and buying properties

– Financing differences between US and Canada

And more about Thomas.

Get more about Thomas Lorini at:

Facebook – https://www.facebook.com/thomaslorini77

E-Mail – tlorini@kw.com

Phone – 949-701-8272

Share and Subscribe for more content, visit our Youtube channel at https://www.youtube.com/channel/UC9DbFl4XFDGpMl4mUQvpi5Q

On Facebook at https://www.facebook.com/SarahLarbi84/

“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.