Where Should I Invest? Real Estate Investing in Canada

Can you imagine retiring from your job 30 years before ‘everyone’ says you are meant to? That is what Sarah Larbi has managed to do and in this episode, she discusses with one of her key power team members what is needed to make it happen and how you can make it happen for you. Guest: Dalia Barsoum, Real Estate Investor & Mortgage Broker  Can you imagine retiring from your job 30 years before ‘everyone’ says you are meant to? That is what Sarah Larbi has managed to do and in this episode, she discusses with one of her key power team members what is needed to make it happen and how you can make it happen for you.  Financing is very important in order to scale up your portfolio and having the right mortgage broker on your team who can guide you in the right direction. This week’s guest, Dalia Barsoum, Real Estate Investor & Mortgage Broker, provides insights and advice on financing in order to scale up. The biggest takeaway is that your mortgage broker will help you understand your financial goals and build a financing plan to get you to where you want to go. Dalia Barsoum is an award-winning Mortgage Broker, Real Estate investor and financial advisor with over 20 years of experience in the banking sector, spanning: Wealth Management, Lending, Strategy and Real Estate. She holds an MBA in Finance from Dalhousie University and is a Fellow of the Institute of Canadian Bankers Association. She heads up the Real Estate Investment Financing & Wealth Advisory practice within Streetwise Mortgages. Dalia has helped many Real Estate investors kick start their investment plans as well as take their portfolios to the next level. Her clients range from rookie investors to sophisticated investors with multi-million-dollar portfolios. She is a public speaker, a regular columnist for Canadian Real Estate Wealth Magazine and contributes to various media outlets on the topics of Real Estate investing and financing including Rogers TV, Toronto Money Show, the Toronto Investor Forum, Canadian Mortgage Professionals (CMP) as well as various GTA-based investment groups.Dalia 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”. She has been nominated/won multiple industry awards including: Top 75 Brokers, 2017 ( Canadian Mortgage Professionals )Top Mortgage Broker Award, 2017 and 2015 ( Canadian Real Estate Wealth Magazine)Women of Influence, 2017 ( Canadian Mortgage Professionals)Top 100 women driving and reshaping the Canadian Real Estate Industry, 2016 ( Real Estate Professional Magazine)> #1 Mortgage Broker by units volume, 2016 ( Centum Financial Group)> Top Mortgage Broker Award Finalist, 2016 ( Canadian Real Estate Wealth Magazine)> Top Mortgage production award, 2013, 2014, 2015 and 2016 (Centum Financial Group) In this episode you will learn about: – Understanding your goals & how to break it down to get what you want– What is the “growth phase”?– How to burn down mortgages – Understanding advanceable mortgages– Defining a “nest egg” & accelerator portfolios – How does a mortgage broker help narrow down the best strategy to use?– How does somebody go from 1-2 to 14 doors? Get in touch with Dalia:Email: info@streetwisemortgages.comContact Form: streetwisemortgages.com  Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more details Complete Properties – click here for more detailsThe post I’ve Just Retired – 30 Years Early! first appeared on Sarah Larbi Developments.

Investing in land development can have its pros and cons and it is very much a team sport. People may even have limiting beliefs that you have to start small in real estate all the time. However, this week’s guest, Jaime Sanchez, Real Estate Investor, provides insights and advice on how to scale from the duplexes to 60-unit apartment buildings. The biggest takeaway is that knowledge and relationships are key for successful land development deals. Guest: Jaime Sanchez, Real Estate Investor Jaime Sanchez is a real estate entrepreneur. He has done over $1 Billion in real estate development throughout Los Angeles, California over the last 10 years. He also has extensive real estate finance experience having worked both in corporate real estate finance and in real estate private equity. Most recently, Jaime is an equity member on the Angels Landing Development project, a $1.28 Billion mixed-use, high-rise in Downtown LA. Jaime led the development team’s efforts in the submission of the RFQ phases with the City of Los Angeles and is now leading the environmental impact report (EIR) phase of the project.  Jaime has built several successful real estate ventures including a real estate development company focused on mixed-use projects in the Log Angeles region and a real estate acquisitions company focused on purchasing multifamily assets in Texas.  Jaime earned his MBA from the UCLA Anderson School of Management and holds a BS in Civil Engineering and Construction Management from Cal Poly – San Luis Obispo. In this episode you will learn about:– How the shares are split between the partnerships– Key tips to get into real estate development – Size of the projects– What are the exit strategies and is there cash flow– What to look for in land or a property– Defining “Mixed Use” and what the ideal mix is Get in touch with Jaime:Instagram: https://www.instagram.com/thejaimeosanchez/LinkedIn: https://www.linkedin.com/in/jaimeosanchez/ “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more details Complete Properties – click here for more detailsThe post How To Be Successful In Land Development first appeared on Sarah Larbi Developments.

Jon Schoeller is a serial entrepreneur and is currently living in Charleston, West Virginia. He is the sole owner of Jon Schoeller Consulting, where his mission is to help both businesses and individuals with strategy and money management. He is also a partner at an investment firm where they have flipped 110 properties in the last 3 years.  Guest: Jon Schoeller, Real Estate Investor Jon Schoeller is a serial entrepreneur and is currently living in Charleston, West Virginia. He is the sole owner of Jon Schoeller Consulting, where his mission is to help both businesses and individuals with strategy and money management. He is also a partner at an investment firm where they have flipped 110 properties in the last 3 years.  Known as The Frugal Investor, Jon has been in business for himself since the tender age of 20 years old and over the last 12 years, he has developed his business and financial skills through both success and failure. He became financially free in his late 20s and has been debt-free for over 10 years. Jon’s passion is to teach others how to do the same.  Jon also owns a Crossfit Gym in Charleston where he lives with his wife and a foster daughter, a Jack Russell named Beamer. There are always a few foster animals running around as well.  In this episode you will learn about:– West Virginia market fundamentals- Vacancy rates, Taxes and general differences– Tenant management– Cash for Keys– Risks for new and experienced investors Get in touch with Jon:Instagram:https://www.instagram.com/thefrugalinvestor/ &  https://www.instagram.com/shotsbyschoeller/Youtube: https://www.youtube.com/results?search_query=Jon+Schoeller “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more details Complete Properties – click here for more detailsThe post The Darker Side of Flipping From The Frugal Investor first appeared on Sarah Larbi Developments.

Inspired to become a real estate investor by his grandpa who had bought 3 properties in the Bay area in California, Ryan Chaw saw that his grandpa’s rental income covered all his expenses and allowed him to retire early. He was even able to use that rental income to help cover his grandchildren’s’ college tuition. Guest: Ryan Chaw, Real Estate Investor & Pharmacist Inspired to become a real estate investor by his grandpa who had bought 3 properties in the Bay area in California, Ryan Chaw saw that his grandpa’s rental income covered all his expenses and allowed him to retire early. He was even able to use that rental income to help cover his grandchildren’s’ college tuition. A graduate of Doctor of Pharmacy in 2015 at age 23. Ryan loves his job but knew he wanted to do something more in life, not wanting to become just “that pharmacist” who worked at his job until he retired at 65. Ryan bought his first property in 2016 a single-family home close to a college in Stockton. He rented out the home per bedroom to college students and renovated to add extra bedrooms to increase rental profit. He repeated the same process, buying a new property each year.  He then created a system for getting consistent high-quality tenants, self-managing the property and decreasing expenses through preventative maintenance. Knowing he had his pharmacy income Ryan has approached his investing focus on 15-year mortgages versus 30 and he now makes $10,755 per month in rental income and could retire by the age of 31. Ryan is now teaching others his system on how to find a college town to invest in, analyzing a deal, generating tenant leads through strong marketing tactics and how to self-manage college tenants so everything is hands-off and automated. You will learn about:– Benefits of investing in college towns– Best types of student tenants to look for and tenant empowerment– Maximizing the rooms in a property for rental– Establishing systems and hands-off management.– Lessons from mistakes made as a new investor– Tips and why is it important to have a preventative maintenance Get in touch with Ryan:Email: rchaw@newbierealestateinvesting.comWebsite: www.newbierealestateinvesting.com Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more detailsThe post Strategies for Successfully Investing in College Towns first appeared on Sarah Larbi Developments.

DJ Hume is an expert Real Estate Investor out of Cincinnati, Ohio and the expert part took him a while to acquire. He has been investing in Real Estate for just over 4 years and owns $5 million worth of assets at the tender age of 27. And he was able to acquire about $3.5 million worth of his portfolio in the last 12 months. Guest: DJ Hume, Real Estate Investor DJ Hume is an expert Real Estate Investor out of Cincinnati, Ohio and the expert part took him a while to acquire. He has been investing in Real Estate for just over 4 years and owns $5 million worth of assets at the tender age of 27. And he was able to acquire about $3.5 million worth of his portfolio in the last 12 months. He has been featured in the Top 100 People in Real Estate and has set a challenging goal of wanting to acquire $100 million worth of assets by 2023.  DJ embarked on this journey for the freedom more than anything, and now he wants to share his knowledge with others by starting the Real Estate University and offering courses on real estate investing.  In this episode you will learn about:– Real Estate pandemic concerns & opportunities – Different market insights– Why invest in multifamily vs. single-family homes – Tips finding Investors  Get in touch with DJ:Website: https://www.djhumeofficial.comInstagram: https://www.instagram.com/djhumeofficial/ Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more detailsThe post Building An Empire Of $100 Million In Assets By 2023 first appeared on Sarah Larbi Developments.

Monica Liscano is a self taught DIY renovator. She purchased her first house 5 years ago and rented out the rooms to cover the mortgage and renovated the house over 2.5 years. Monica then sold that property to purchase the next house which was converted to a duplex. She then refinanced the duplex to purchase a single home, fixed up the home and rented it out. Guest: Monica Liscano, Real Estate Investor  Monica Liscano is a self taught DIY renovator. She purchased her first house 5 years ago and rented out the rooms to cover the mortgage and renovated the house over 2.5 years. Monica then sold that property to purchase the next house which was converted to a duplex. She then refinanced the duplex to purchase a single home, fixed up the home and rented it out. In this episode, various topics are discussed including the advantages and disadvantages of doing renovations yourself vs. contracting the work out, going through various project financials, the legalities of managing AirBnb’s in Ottawa, is it better to have short term tenants vs. long term tenants and thoughts on the current real estate market.   Monica shares the progress on her renovation projects on Instagram to her large fan base.  You will learn about:– DIY projects– Project financials– Managing Airbnbs in Ottawa– Current real estate market insights Get in touch with Monica:Instagram: @momos_home_LinkedIn: https://ca.linkedin.com/in/monica-liscano-7ba63867/ Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more detailsThe post Achieving Success Through DIY, Creativity & Determination first appeared on Sarah Larbi Developments.

On this special edition of the Where Should I Invest? Podcast, Matt McKeever and Sarah Larbi have an unscripted, sharing of opinions chat on the strategies for social media branding if you really want to scale your business and the continued impact of COVID-19 on the real estate market and the economy.  Guest: Matt McKeever, Real Estate Investor and CPA On this special edition of the Where Should I Invest? Podcast, Matt McKeever and Sarah Larbi have an unscripted, sharing of opinions chat on the strategies for social media branding if you really want to scale your business and the continued impact of COVID-19 on the real estate market and the economy.  Various topics and opinions are discussed including tips for becoming successful on You Tube and Matt shares his own story of utilizing You Tube successfully, the social media branding strategies and the importance of picking one or two platforms to really dominate on, the ways to have multiple streams of income for your business, how to attract investors using social media, insights on the future for commercial real estate  specially office real estate and economic insights and updates.   Feel free to agree or disagree with the thoughts and opinions discussed in this episode. This is for the purposes of sharing information during these unusual times.   In this episode you will learn about:– Tips for You Tube Success– Social media branding strategies– Ways to monetize your business – How to attract investors with social media – Insights on the future for commercial real estate – Economic insights and updates  Get in touch with Matt:You Tube:https://www.YouTube.com/MattMcKeever,Instagram:https://www.instagram.com/mattmckeever85Facebook:https://www.facebook.com/Mattamatics Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more detailsThe post Market Updates & The Importance of Social Media Branding first appeared on Sarah Larbi Developments.

On this special edition of the Where Should I Invest? Podcast, Sarah Eder, Justin Michel and Sarah Larbi have an unscripted, sharing of opinions chat on the continued impact of COVID-19 on the real estate market and how relationships have been impacted. Sarah provides insights into the real estate market side and as a therapist, Justin provides advice on how to maintain healthy relationships during these times.  Guest: Sarah Eder, Real Estate Investor & Justin Michel, Registered Psychotherapist On this special edition of the Where Should I Invest? Podcast, Sarah Eder, Justin Michel and Sarah Larbi have an unscripted, sharing of opinions chat on the continued impact of COVID-19 on the real estate market and how relationships have been impacted. Sarah provides insights into the real estate market side and as a therapist, Justin provides advice on how to maintain healthy relationships during these times.  Various topics and opinions are discussed including strategies on talking to your spouse about your passions and particularly the ones they are not on board with, recommendations for splitting things such as bank accounts, how couples are coping during these times, tips on a better way of fighting and still be able to get along, how JV partners have been coping and things you can do to calm them down, how to get more comfortable with networking and tips for communicating with tenants.   Feel free to agree or disagree with the thoughts and opinions discussed in this episode. This is for the purposes of sharing information during these unusual times.   In this episode you will learn about:– Strategies for talking to your spouse about your passions – Recommendations for splitting things – How couples are coping – Healthier ways of fighting – How JV partners have been coping– Networking tips  – Tips for communicating with tenants  Get in touch with Sarah & Justin:Sarah’s Website: https://www.saraheder.com/Sarah’s Instagram:https://www.instagram.com/sarahederinvest/Sarah’s Facebook:https://www.facebook.com/sarah.eder.5070Sarah’s You Tube:https://www.youtube.com/channel/UCLrKCdPezd_aaqQs0Z9ijPwJustin’s Website: https://www.justinthetherapist.com/Justin’s Instagram: https://www.instagram.com/justinthetherapist/Justin’s Facebook:https://www.facebook.com/JustinTheRPJustin’s LinkedIn:https://www.linkedin.com/in/justinthetherapist/ Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more detailsThe post Real Estate Market Updates plus Relationship Advice first appeared on Sarah Larbi Developments.

Complete Properties is a Real Estate Investment Services Company that specializes in property management, leasing and property maintenance led by Susan Corcoran and Sue Ore. Using industry leading technology, comprehensive tenant screening and creating exceptional experiences for owners and tenants, Complete Properties focus is to provide valuable services to like minded people who are committed to their real estate investment.  Guest: Susan Corcoran, CEO & Sue Ore, COO Complete Properties Complete Properties is a Real Estate Investment Services Company that specializes in property management, leasing and property maintenance led by Susan Corcoran and Sue Ore. Using industry leading technology, comprehensive tenant screening and creating exceptional experiences for owners and tenants, Complete Properties focus is to provide valuable services to like minded people who are committed to their real estate investment.  Susan Corcoran is a leading John Maxwell certified business coach, mentor, and transformational leader to entrepreneurs and business owners across Canada. Her proven and highly acclaimed methods have helped small and medium business owners accomplish extraordinary growth in their business. Along with her husband and business partner Susan’s real estate portfolio consists of 4 residential properties and 2 commercial properties. She is also the co-founder of Keller Williams Complete Realty in Hamilton and Keller Williams Complete Niagara Realty in St. Catharines. Sue Ore has been investing in residential real estate since 2008 with a portfolio consisting solely of multi-unit properties in the Hamilton area. She is responsible for the operations of Complete Properties. Sue specializes in building thorough systems and consulting real estate investment clients to ensure maximum profitability. With professional experience in leasing, property maintenance, sales and operations she has been a key player in growing businesses from the ground up.  You will learn about:– Self managing vs. hiring a property management company– Common mistakes investors make– Who are the key team members– 3 key points for self managing– Tenant screening process– What happens when a tenant doesn’t pay Get in touch with Susan & Sue:Website:https://www.completepropertiesinc.com/Facebook: https://www.facebook.com/completepropertiesInstagram:https://www.instagram.com/completepropertiesinc/Susan’s Email: susan@completePMinc.comSue’s Email:sue@completePMinc.com Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more details White Elm Design Build Inc – click here for more detailsThe post The Ins & Outs of Property Management first appeared on Sarah Larbi Developments.

On this special edition of the Where Should I Invest? Podcast, Tony Miller and Sarah Larbi have an unscripted, sharing of opinions chat on the continued impact of COVID-19 on the real estate market. Also, Tony conducted a survey of small landlords in Ontario to determine the impact of this crisis and shares the results.  Guest: Tony Miller, Real Estate Investor & Realtor On this special edition of the Where Should I Invest? Podcast, Tony Miller and Sarah Larbi have an unscripted, sharing of opinions chat on the continued impact of COVID-19 on the real estate market. Also, Tony conducted a survey of small landlords in Ontario to determine the impact of this crisis and shares the results.  Various topics and opinions are discussed including private money lending and the terms that are available, Tony goes through the Ontario small landlord survey questions and results, the importance of proper information and messaging, how vacancies are being handled and advice for investors on how to handle the next 6-12 months.  Feel free to agree or disagree with the thoughts and opinions discussed in this episode. This is for the purposes of sharing information during these unusual times.  In this episode you will learn about:– Private money lending & the terms– Ontario small landlord survey results – Importance of proper information & messaging– How vacancies are being handled – Advice for investors on how to handle the next 6-12 months– Implications on short term rentals  Tony Miller started in investing in real estate in 2008 and by 2014 he was able to leave his federal government job of 24 years. Today, he primarily invests passively in private money lending. Tony is a Investor Focused Realtor and some people also call him “Mister Ottawa.” He helps people build wealth, by sharing proven strategies and tools to invest in residential and commercial properties in and around the Ottawa area. Tony will use your why/goals, financial situation, and intestinal fortitude (aka risk tolerance) to determine the best investment strategies that will help you reach your goals. He will be honest and explain why the investment property you want to buy is a lousy investment. He will take the time that is necessary to explain that using economic fundamentals and understanding the real estate cycle are the foundations to sound real estate investing. Tony only works with a limited number of clients at a time and will tell you if he is too busy for new clients. He will introduce you to the best Investor Focused Realtors in other markets if you choose to park your money elsewhere. Tony has been interviewed by local and national media including MoneySense Magazine, Canadian Real Estate Wealth Magazine, and Rogers TV. Get in touch with Tony:Facebook: https://www.facebook.com/tony.miller.16906Facebook:https://www.facebook.com/peacetowerproperties/ Thank You to Our Sponsors “Where Should I Invest” is brought to you in part through the sponsorship and support of the following; Dalia Barsoum of Streetwise Mortgages – click here for more details Jon TenBrinke of Black Jack Contracting Inc – click here for more details Dylan Suitor of Elevation Realty – click here for more detailsThe post Results From Ontario’s Small Landlord Survey first appeared on Sarah Larbi Developments.