Tag Archives: cash flow

Making it Happen FAST – 32 Properties in 32 Months



Erika Spencer and husband Jay, now both realtors and investors, discovered an interest in real estate investing and made their first moves in 2015, with rent to own properties and then family rentals. They scaled fast, leveraging joint ventures and completing 32 property investments in 32 months!

Guest: Erika Spencer, Real Estate Investor / Realtor

Erika Spencer and husband Jay, now both realtors and investors, discovered an interest in real estate investing and made their first moves in 2015, with rent to own properties and then family rentals. They scaled fast, leveraging joint ventures and completing 32 property investments in 32 months!

Their portfolio now consists of 26 properties with 90% of them being brick bungalows with basement apartments or the capacity to develop them and rather than rapid growth they tend to advocate their coaching clients to build more steadily.

Their investing journey started in St. Catharines and as the Niagara Region has boomed they have tried to stay ahead of the growth curve by looking beyond, investing in Welland, Port Colbourne and also Hamilton.

Erika was nominated as Rising Star of the Year by the Canadian Real Estate Wealth Magazine in 2017.  Her focus is now currently building a 4-plex on a severed lot which was possible after buying a bakery.  She is looking to get involved more in small and then larger multi-family investments and likely seeing herself getting involved in private lending.

With so many lessons learned in her real estate career to date, Erika has found her experience, knowledge and just do it motto has attracted newer real estate investors who she now coaches and helps find their own journey to success. You will learn about: – Scaling your business fast and the downsides – Lessons learned and mistakes made along the way – Structuring your JV deals and finding a good JV partner – Setting up corporations, pros and cons – From Bakery to a 4-Plex!

Get in touch with Erika: Email: erika@rockstarbrokerage.com Niagara REI MeetUp https://www.meetup.com/St-Catharines-Real-Estate-Investment-Club/

“Where Should I Invest” is brought to you in part through the sponsorship and support of the following;

Dalia Barsoum of Streetwise Mortgages.

Contact her to book a FREE Goals Analysis – be sure to mention the podcast when you call.

DALIA BARSOUM, MBA Finance President and Principal Broker, Streetwise Mortgages

Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255

Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900

An award-winning Mortgage Broker, Real Estate investor and financial advisor with over 20 years experience in the banking sector, spanning: Wealth Management, Lending, Strategy and Real Estate.

Dalia holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of Canadian Bankers Association.

She is the author of Canada’s best selling Real Estate Financing Book and an Amazon Best Seller: “Canadian Real Estate Investor Financing: 7 Secrets to Getting All the Money You Want”.

Dalia’s lending practice encompasses:

> Strategies: Buy / Hold, Renovations, Construction Financing, Rent to own, and Student Rentals, Flipping, Land development and private lending > Structures: Corporations, Joint Ventures and Personal Holdings > Asset Classes: Residential, multi-residential, Commercial, Mixed-use and Land

Direct: 416-985-4698 | www.streetwisemortgages.com | Toll Free & Fax: 1-800-208-6255 ]

Mail:  53 Berry Trail, Woodbridge, ON, L4H 2T4 | License # 12900

Dylan Suitor of Elevation Realty

Helping a personal record number of families so far this year, I am totally dedicated to offering my “Industry Best” expertise in residential real estate for clients in the Niagara, Oakville, Burlington and Hamilton area. I believe in assisting my clients in every endeavour whether buying a new dream home or selling your latest strategic residential business investment.

By upholding a 0% contract cancellation rate I strive to guarantee your satisfaction by utilizing an extensive knowledge of property renovation and vast network of industry contacts. I will facilitate my customer’s every desire while smoothening the real estate transaction when marketing your properties far and wide.

My team of qualified and totally committed real estate agents will get the job done right! By honing my team of agent’s real estate matching skills through continuous education and professional development, I maintain a competitive edge for the individuals and families we work with.  I can safely say that I can ensure that my customers receive the best price for their home; prices they deserve.  More importantly, I listen to all my client’s wishes to only deliver those properties that match their needs.

With more than a decade of continuously improving performance and results in successfully helping clients, I have offered the ultimate customer service strategies, met all key goals and deadlines for clients, and negotiated for my clients real winning results.  My team of agents have all committed to doing the same.

So here is my promise to you:

“ I guarantee an awesome experience while locating and negotiating the best real estate deal for you, and then I can confidently coordinate your whole moving experience to ensure a stress-free real estate transition. I do this by truly listening to my client’s needs and dreams to help those dreams come true.  This is my promise to you!”

Call me today at (905) 592-4220 for a free strategy session to discuss your heartfelt real estate needs.”

Elevation Realty Network

Direct: 905-407-4289

Office: 905-844-7788


Achieving Goals & Success by Living Below Your Means



After graduating as an Occupational Therapist, Evelyn Lamarsh began researching all the different ways to make money and settled on real estate. 2 years later, at age 26, she bought her first two rental properties and then bought a house for herself.

Guest: Evelyn Lamarsh, Real Estate Investor

After graduating as an Occupational Therapist, Evelyn Lamarsh began researching all the different ways to make money and settled on real estate. 2 years later, at age 26, she bought her first two rental properties and then bought a house for herself.

She didn’t get to live there very long though, because her neighbour, Mike, fell in love with the Girl Next Door and they were married in no time!  She made the big move next door and her house became another rental.

Fast forward a few years with a steady focus of adding one property at a time in their market of Hamilton they now have 10 properties, all buy and holds. 5 are student rentals and 5 are single-family homes, one of which they have recently switched to an Air BnB.

Eveyln’s love of her vocation means she will return to her community mental health support role in the fall from maternity leave, not from a need for the paycheque but because she loves helping others. However, their success has meant Mike has been able to retire, at the age of 30, from the tough, dirty life as an auto mechanic and switch those trade skills repairing or upgrading almost everything that their properties need.

Evelyn and Mike are at the moment taking a break from collecting homes and make more time for cycling, canoeing and chilling in their boat as well as parents to two very young children. You will learn about: – How remaining focused help you hit your goals – Why taking an investing break is possible and can make sense – Making the right money choices – Using property cash flow to treat yourself, like getting a 32-foot boat! – Tips for starter investors in their mid-20’s

Get in touch with Evelyn: Email: EvelynLaMarsh@gmail.com


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



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

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.

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

The Up’s, Downs, Success and Lessons From Building a Real Estate Empire.



Jared Hope is a Canadian ex-NHL player, avid income property investor and Founder/CEO of Tilt Property Group. Jared lives in Edmonton, Alberta and owns over 280 properties with plans on increasing that number exponentially by 2020.

Guest: CEO & Founder of Tilt Property Group, JARED HOPE

Jared Hope is a Canadian ex-NHL player, avid income property investor and Founder/CEO of Tilt Property Group. Jared lives in Edmonton, Alberta and owns over 280 properties with plans on increasing that number exponentially by 2020.

Jared founded Tilt Property Group in 2003, with his wife, Krista Hope.
Tilt is Edmonton’s most comprehensive property management and real estate investment company that makes it easy for any Canadian to own income property.

Jared’s purpose is to teach people to create wealth through income property while avoiding the expensive mistakes he made when he started out on his own. He takes a strict NO-BS stance at his speaking engagements and shares candidly what it takes to win at the game of property investment.

Jared also runs the Mastermind Program, a mentorship and education community of like-minded, action-oriented investors who want to use income property to secure a stable financial future.

You will learn about:

– How to scale up from 5-6 to 100+ properties
– Crucial mistakes to avoid when working with a JV partner
– What you should do when working on your first JV
– Alternative JV exit tips and strategies
– Why longer term JV partnerships make more sense to your REI business
– Building your REI business in slow motion for less stress and worry.

Get in Touch with Jared:

Website:www.tiltgroup.ca
LinkedIn:https://www.linkedin.com/in/jared-hope-a5494a117/
Twitter:https://twitter.com/thejaredhope
Facebook:hhttps://www.facebook.com/tiltgroup/

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

Episode 29 – Vertical Splits and Mortgage Plus Improvement with Scott Zandbergen



In this episode of Where Should I Invest the Podcast, We interview Scott Zandbergen and talk about Real Estate Investing.  Scott is a Real Estate Investor, Speaker and a father to two girls. He took almost 20 years to finally decide to invest in Real Estate. In 2014, he bought 3 single family homes within the span of 3 months that started his real estate investing journey.

In this Episode you’ll learn. . .

– What is vertical split

– Learn about mortgage plus improvement

– Difference between doing mortgage plus improvement and BRRR

– Joint Ventures

And more about Scott’s portfolio and approach to real estate investing.

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/

Get more about Scott Zandbergen at:

Website: https://scottzandbergen.com/

Email him at: szandbergen@gmail.com

Twitter: https://twitter.com/szandbergen

LinkedIn https://www.linkedin.com/in/szandbergen

“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 25 – Financing & Pitfalls of Student Rentals & Lessons on Flips



In this episode of Where Should I Invest the Podcast, We interview Dan Warren & Shawn Allen and talk about Real Estate Investing.  Dan Warren is a student rental investor in London, Ontario. He started investing in 2012, 3 years later he quit his job and focused on real estate full time.

Shawn Allen is a full-time Real Estate flipper, Shawn focuses on buying, renovating and selling. He also does rentals and currently is also doing property management and land development.

In this Episode we’ll talk about. . .

  • Property Financing (joint ventures, private money, etc.)
  • Pitfalls, cost, tips and insights on flipping Properties
  • Student Rental Properties and the risk of doing it
  • And more about Dan and Shawn’s portfolio.

Find out more about Sarah

Sarah’s Main Website www.sarahlarbi.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/

On Instagram https://www.instagram.com/sarahlarbi84/

Find out more about Dan Warren and Shawn Allen

Real Estate Investing Club http://onreia.com

Youtube:
https://www.youtube.com/channel/UCnKTMwcGzTfSLP9Y7lDr_2Q

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

https://www.instagram.com/shawnallen_flippingontario/

Facebook:
https://www.facebook.com/dan.warren.946

https://www.facebook.com/shawn.allen.98837

Don’t forget:
Please Rate and Subscribe to this podcast 
For more content, or visit my website: www.sarahlarbi.com

“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 24 – Identify Your Goals & Up Your Negotiating Skills



In this episode of Where Should I Invest the Podcast, We interview Lee Strauss and talk about Real Estate Investing.  Lee is an Investor, Speaker, Coach and at the same time works as a firefighter.  He started with Real Estate at the age of 21, a straight rental property.  Lee has an innate desire to drive forward and keep developing his knowledge, skills and success.

He’s currently continuing to build his real-estate portfolio through utilizing new strategies and looking for more opportunities.

In this Episode, Lee and Sarah will talk about. . .

– Buy, Fix and Hold

– Flipping Properties

– Negotiating Tips and Strategies

– Tips on analyzing properties

– Identifying your Real Estate goals

And more about Lee’s portfolio.

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/

Get more about Lee Strauss at:

www.straussinvestments.com

Email him at:

lee@rockstarbrokerage.com

Instagram:

https://www.instagram.com/strauss_investments/

Don’t forget:
Please Rate and Subscribe to this podcast 
For more content, or visit my website: www.sarahlarbi.com

“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 23- What to Look for & What to Avoid With Basement Conversions



In this episode of Where Should I Invest the Podcast, we interview Ken Bekendam from my favourite investment city of Brantford Ontario. Ken Bekendam is a full-time Real Estate Investor and expert in basement conversions.
Listen and learn about. . .
– How to successfully complete a basement conversion
– What to look for and pitfalls to avoid
– What the numbers look like
– How to get permits and approvals
– Hear about how Ken was able to grow his portfolio
And so much more. . .

To get a hold of Ken, reach out to him directly on Facebook by searching Ken Bekendam or meet him in person at the next REITE Club meeting as he is a regular attendee.

Don’t forget:
Please Rate and Subscribe to this podcast 
For more content, or visit my website: www.sarahlarbi.com
I also now have Social Media!!! Who knew this day would happen 🙂
My Instagram and Facebook is @sarahlarbi84

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!
Share and Subscribe for more content, visit our Youtube channel at
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