• Building Systems, Packing Up, Moving from BC To Ohio with Meghan Hubner
    Sep 19 2024

    Our guest Meghan Hubner is a real estate business consultant who helps investors run their portfolios like a business. After a 12-year career in medical and pharmaceutical sales, Meghan transitioned to entrepreneurship, using her degree in entrepreneurship to work with various businesses. About 4 years ago, she started focusing on real estate investors, helping them with accounting, finance, operations, and building systems to stabilize and grow their businesses. Meghan is also an experienced real estate investor herself, having built a portfolio in British Columbia, and a cohost of the Real Estate Reliance Summit along with fellow dynamic investors: Elizabeth Kelly and Victoria Cluney.

    For information and to register go to https://realestateresilience.ca/ but don’t delay, the all virtual conference is Saturday and Sunday Sept 28th and 29th. Cherry and I are proud speakers and SHARE and I are proud to be sponsoring quality educational content providers at affordable prices by Elizabeth, Victoria and this week’s guest Meghan Hubner.

    Please enjoy the show!

    Meaghan on:

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

    Facebook: https://www.facebook.com/meghanhubner?mibextid=LQQJ4d

    Web: www.meghanhubner.com

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    1 hr and 2 mins
  • Building Resilience: From 100+ Unit Investment Portfolio to Active Business with Elizabeth Kelly
    Sep 10 2024

    On to this week’s guest!

    Award-Winning Real Estate Investor, Coach, Speaker, Educator & Proud Entrepreneur, my old friend Elizabeth Kelly who tells it like it is. Elizabeth shares about her wins and losses in real estate. She’s been an active leader in the community for nearly 20 years and is here to tell us about how we Canadian real estate investors can be resilient, what she sees for our collective futures in real estate and she’s hosting the 3rd annual Real Estate Resilience Business Edition of the summit on September 28-29th.

    Myself and SHARE are proud sponsors of the summit. I will be joining an expert panel on USA investing with friend of the show Glen Sutherland. My wife, the lovely Cherry Chan will be a speaker as well and I’m super excited for the other speakers as well.

    On today’s show Elizabeth shares her personal journey from mega real estate investor to entrepreneurship adjacent to real estate, the challenges of affordability for investing in local markets even after learning the hard way when back in 2010, she bought 100+ units and struggled with systems and operations.

    Any and all investors should give this episode a listen to learn how to both win in real estate and to avoid losing which IMHO is another way of winning.

    For more information on the Real Estate Resilience summit go to: https://realestateresilience.ca/

    Please enjoy the show.

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    1 hr and 25 mins
  • 12 Apt Buildings, Selling ONT, Buying AB&USA With Mike Beer
    Aug 23 2024

    Mike Beer is is an owner of a real state investment company Mike Beer Investments. They have developed an investing system that has been working for well over a decade and invest in apartment buildings in Canada. His mission is to enable each of his investors to provide their families with the financial future they truly deserve. In the past he was a professional ski instructor and scuba divemaster. Now he focuses on coaching for charity, ice water plunges, health, and loves personal self development.


    Website to contact: https://www.mikebeer.ca/

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    1 hr and 25 mins
  • College Instructor Invests in Real Estate: Duplexes, ABNB, 11 Plex
    Aug 15 2024

    We have a college instructor on this week’s show! Brian Gordon is an old friend of mine from years ago, he works full time for the largest appraisal company in Canada, if not North America in Management. Prior to that he worked as a Senior Property Tax Analyst for one of Canada’s largest REITs, if not the biggest.

    Linkedin: https://www.linkedin.com/in/brigor/

    Brian has been methodically growing his own real estate portfolio over 7 years consisting of duplexes, a AirBnb in Blue Mountain, more recently an 11 plex development where he’s adding two additional units.

    As mentioned Brian is the course creator and instructor of “Real Estate Investment Strategies” at George Brown College, a comprehensive, yet affordable course which is one of the big reasons why I wanted him on the show. Real estate investing is largely about return on investment and that includes one’s education. This course is only $392.24 for 20 hours including private 1 on 1 consultation time with Brian. What an absolute steal.

    Link: https://coned.georgebrown.ca/courses-and-programs/real-estate-investment-strategies-online

    Needless to say, I thoroughly enjoyed recording this episode for you all to learn Brian’s tips and tricks so we may all improve our own businesses and you’ll want to hear about where Brian’s next investments will be and his views on Canadian opportunities.

    Please enjoy the show!

    Follow Brian on Instagram: https://www.instagram.com/acquiring_wisdom/

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    1 hr and 15 mins
  • 20 Years of Investing: Duplexes, to Apartment Buildings, Now A REIT with Amanda & Marty Gordon
    Aug 6 2024

    We have my friends returning to the show, Marty and Amanda who’ve been renovating and investing for nearly 20 years, Amanda Bouck has managed properties for nearly 20 years, Marty her husband is a carpenter by trade and personally much of their 15+ duplex conversions in Guelph. They are a power couple: they get numbers, execution, cash flow and hate vacancy. They drank the same Kool Aid I did. They’re reward is a country acreage and building the custom home of their dreams they’re too humble to talk about with all the gurus out there flaunting Rolex watches, Lamborghinis, private jets and yachts.

    Amanda & Marty scaled up as well in small multis likes six plexes, small apartment buildings to their current project, both a REIT: real estate investment trust called Legend Real Estate Trust and a 60 unit building in Waterloo.

    Amanda and Marty are here today to share their experience including coaching, retiring from coaching for possibly the biggest real estate education company in Canada. As always, we share both the negative and positive of real estate investing including all the losses going on in the community, over leverage with expensive hard money loans and their own investment philosophies where none of their investors have lost any money.

    The honest truth about real estate investing is, speculative investments can work until they don’t and also I don’t endorse any product or offering of Marty and Amanda nor do I receive any compensation from Marty and Amanda nor from their businesses. This episode is for educational and entertainment purposes only.

    Please do your own due diligence. If you read the article about Robby Clark, you see how some of the property used to secure financing had fires and were torn down by the city. If any lender, broker, investor had simply driven by the property, they would have known the deal was no good.

    For my house in San Antonio, Texas I have a termite inspection, home inspection including pictures and video walkthrough, a quote from the property manager for renovations and maintenance. My cousin is in San Antonio next week for work and doing a drive by.

    Diligence people, trust but VERIFY. That goes for all guests of this show. I do my best hence Epic Alliance and Robby Clark never made it on this show or any of my platforms. I learnt my lesson from Paramount Equity.

    Back to this week’s guests, Amanda and Marty, just to note, they have been censored on other platforms and Facebook groups for trying to warn people about gurus losing other people's money. They going to offend some so be warned.

    Links:

    www.LegendRealEstateTrust.ca

    Amanda@Legendinvestments.ca

    Marty@Legendinvestments.ca

    Please enjoy the show!

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    1 hr and 12 mins
  • Insights on Portfolio Health, AI Integration, and U.S. Investment Opportunities
    Jul 26 2024
    Greetings my fellow investors and truth seekers, this is the Truth About Real Estate Investing Show for Canadians and if you’re addicted to social media like I am, there’s not a lot of good news within our community. It’s not all bad, we just had Kelly Caldwell, Victoria Cluney, and Milena Simsic. Spencer and Ashley with their AirBnbs, Zac Killem whose company Front Lobby will thrive. In general those with healthier portfolios as in not over leveraged, focus on cash flow and operational execution are doing just fine like many past guests of this show. I was just speaking to one investor/Realtor while preparing this episode who did just that, he’s buying more multifamily buildings and completed two flips in the USA. Off the top of my head, I can think of two past guests in significant financial trouble, one has already declared bankruptcy, the others owe a lot of people a lot of money to individual investors, not just banks. Individual investors post to social media and tell others to warn them. I know because I have friends everywhere in the community and the messages arrive in my DM’s. Both were newer to real estate as they made the switch to full time within the last five years or so. I’ve left the episodes up because as far as I’ve know, there was no criminal intent nor are they being accused of any. I run a real estate investment business called iWIN Real Estate where we are always looking to learn, evolve, and adopt best practices to help our clients optimize their investments and time, the only non-renewable resource. We started investing in single family, then multifamily, then student rentals, basement suite conversions, to garden/garage suites and it’s gotten unaffordable. We use Ai all through out our businesses. I used Chatgpt to research case law when sellers accepted a higher competing offer when we had already accepted their counter offer. I’ve used Chatgpt to proof read my clauses for counter offers which saves everyone time: my clients, my lawyer, my broker. I’m working on creating a digital duplicate of myself as I’m really busy booking calls to discuss USA investing. 80-90% of the questions are the same: what is the legal structure to own US properties, how do you get a mortgage, what are the fees like, etc… all repetitive I could have an Ai twin version of myself do. If you think I’m crazy, check out the found of LinkedIn, Reid Hoffman’s two way interview of his own Ai twin: https://www.youtube.com/watch?v=rgD2gmwCS10 For anyone in sales or customer service, if you’re not afraid for your job, I don’t know what will. This is one reason I diversify my business, use Ai tools, own cash flowing real estate. The owner of Property Guys was on BNN talking about how 25% of Realtors in the USA will leave the industry after those historic lawsuit settlements. This August, listings will no longer display co-operating commission for buyer agents hence buyer agents must negotiate commission from the buyer. Property Guy mentioned there are two lawsuits in the works in Canada which confirms the rumours I’ve heard. The implication is the public will be more aware that Realtor commissions are negotiable, they always have been and it my experience, sellers who want top dollar when selling will continue to offer co-operating commission. Most of the professional investors do it. I do it, I actually offer above market co-operating commission and use it as a marketing tool and negotiation piece. I mean it’s worked for me, the last four houses I sold, I did so, on average in 22 days on market. Point is, I’m a Realtor, I’ve worried for my job since 2010 and never been more worried with Ai, class action lawsuits and competition among other Realtors at their highest levels ever. If only we had as many doctors and Realtors. Imagine how good our health care would be. For complete business and investment sense, I of course partnered with SHARE, a tech enabled asset manager that allows Canadians to be US landlords without all the heavy lifting. My 17 listeners know I’ve conducted well over 300, hour long interviews with successful and some no longer successful real estate investors work, invest, blood, sweat and tears. In terms of cash flow and overall returns to effort, I haven’t seen anything before that beats SHARE’s offering. In short, I’ve seen how the top investors implement their real estate investment business and can separate the hype from results. Those with results did not overleverage, were in control the whole time, delivered operationally to renovate and rent as fast as they could. Those who didn’t are the ones making all the headlines in the news for declaring bankruptcy protection or bankruptcy or have their names dragged through Facebook groups for owing money. I had a call with a newer investor who’s got a great investment property in BC, she AirBnb’s the triplex in the ...
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    20 mins
  • Converting a Dozen+ Houses Into Triplexes with Kelly Caldwell
    Jul 22 2024

    This week’s guest is the lovely Kelly Caldwell, who has converted over a dozen single family houses for basement suites AND garden suites. Together with husband Jeff Caldwell, they’ve become leaders in their community, Collingwood, ON filling in the missing middle working closely with local government as such they were invited to be a part of a new HGTV inspired series called Home Suite Home where viewers can follow along as Kelly and Jeff navigate the world of accessory suite financing, design and construction. You can catch them on Rogers Cable TV this fall as well as Youtube: https://www.youtube.com/@itshomesuitehome.

    Kelly’s journey is a wild one. She was barely an adult when she was orphaned as Cancer took her father, her only parent away leaving her as the eldest sibling of two teenage brothers.

    Kelly shares about her remote investing way up north, how she managed the renovations, Kelly shares the numbers around a typical basement conversion and garden suite. For the first time a guest talks about the benefits of polished concrete floors for both heating and finish. Fascinating stuff for real estate nerds such as myself.

    If you can’t tell, Kelly is no stranger to hard work so please enjoy the show!



    Instagram: https://www.instagram.com/itshomesuitehome/, https://www.instagram.com/the_dash_investher/

    Realtor website: https://caldwellrealestategroup.com/

    The dash poem: https://noahwatry.medium.com/the-dash-poem-by-linda-ellis-33fe4d54a1b4

    ADUSearch: https://adusearch.ca/index.html

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    1 hr and 4 mins
  • Pitching & Building Tiny Homes on Dragon’s Den With Victoria Cluney
    Jul 10 2024

    Real estate development for it’s lack of long term tenants makes more sense which is a great segway for this week’s guest Victoria Cluney fresh off recording a show on Dragon’s Den to pitch her Tiny Home community and manufacturing of tiny houses!! Victoria is under a hush agreement about what happens on her episode but will share her experience auditioning, getting called back and pitching to the real life Dragons for the show.

    Victoria is a returning guest of this show who’s on a great journey from small landlord of long-term rentals to short-term cottage “bunkies” to AirBnb’ing a motel to building a tiny home community, manufacturing tiny homes and being a part of the solution to solving this affordability crisis we’re having in Canada.

    Victoria is also co-hosting the RE Resilience Summit (https://realestateresilience.ca/) Saturday and Sunday September 28 & 29. Her co-hosts include Meghan Hubner and Elizabeth Kelly. Elizabeth Kelly as you know is a regular and friend of the show, she’s one of the few good ones in our industry so if you’re new or old to real estate investing, you know the RE Resilience Summit will have something for everyone.

    To follow Victoria:

    Instagram: https://www.instagram.com/victoriacluney/?hl=en

    WE BILD Meetup: https://www.meetup.com/webild/?_xtd=gqFyqTMzNzkwNjIyMaFwpmlwaG9uZQ%253D%253D&from=ref

    Tiny Home building & community: https://www.tayridge.ca/

    Please enjoy the show!!

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    1 hr and 8 mins