Gary is chatting in this archive episode with Erik Mitchell, about his start in real estate investing. Erik isn't your typical RE investor, as he has a background in business, became a licensed mortgage agent, taught himself about the challenges in investing, and also now educates others on the possibilities with investing! He and his brother now have a portfolio of over 64 units, so this is a podcast you DON'T want to miss!
What you will learn on this Podcast:
Erik's Bio:
Erik is a graduate from the Richard Ivey School of Business. After working for only one year he decided that wasn't the life for him. So instead, Erik and his brother Kevin both quit their day jobs almost a decade ago to start a real estate investment company and have been working as full time real estate investors ever since.
Over this time they have built a portfolio of 64 units across Ontario. Not only that but they have also built a comprehensive educational system for real estate investing that has absolutely everything you need as an investor...all the information, access to all of the resources they have ever built, an industry leading property analyzer, and even a section dedicated to Student Rentals.
Erik also became a licensed mortgage agent in order to provide clients and investors a passive way to help invest their registered money (RSP, TFSA, LIRA, LIF, RIF etc.) into real estate...earning an 8% Fixed Annual Rate of Return in some of the most exciting development projects in Canada. He is a wealth of knowledge and has a ton of experience, some of which he will be sharing with you during this podcast.
Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!
Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca
Gary chatted with Bradley Watson, host of #1 podcast on iTunes, Spotify and Google Podcasts for Toronto Real Estate! They had a wide ranging convo on various topics such as can you buy cash flow properties in Toronto; the effect of immigration has impacted the market; the stimulus packages provided by the CDN government, and what happens when they stop, much more!
What you'll learn:
• Can you buy cash flow properties in Toronto;
• The effect of immigration has impacted the market
• The stimulus packages provided by the CDN government, and what happens when they stop
• Why real estate careers offer more flexibility and perks than a 9-5 jobs
• Why cash flow is a deciding factor for first time investors
• What is a primary residence exemption, and why it matters
• What are the tax implications of your investments?
• Should you incorporate to buy properties or do it personally, and you CAN do both
• The number of properties you want to hold determines if you incorporate
• Do you want a portfolio of properties, or just one or two?
• Why buy and hold strategies lead to multi-generational wealth
• Why you need a team of professionals to help you get started
• Why living in part of your first investment allows you to quickly make money and perhaps buy other properties
• You don’t need to spend a lot of money to learn how to invest, many courses online, but there is a time investment
• You put in the money or you put in the time, money buys you time
• Should you pool money in joint-venture investments, or go it alone
• You DON’T need dozens of properties to get ahead, if you have 2 you can outpace the market
• It’s not just the money you want to make, but the lifestyle you want
• People have made more money than Bradley through condos than multi units
Smaller condos have been hit harder during the pandemic * And MORE!
Bradley's Bio
Bradley Watson is a Real Estate Broker, Investor and Social Media Influencer. Investing locally he hit the ground running and within 4 years turned a $40k down payment into $1.87 million in local real estate assets. Today, he lives in his dream house with his highschool sweetheart and their two daughters.
Bradley is the host of the #1 podcast on iTunes, Spotify and Google Podcasts for Toronto Real Estate. The channel is growing by over 100 listeners per month and gets over 10k downloads per month.
You can join their family of investors by tuning into “Toronto’s #1 Real Estate Podcast” every morning.
Follow Bradley
Ph. 647-206-9554
Web: www.WatsonEstates.ca
Facebook: https://www.facebook.com/mywatsonestates/
Instagram: https://www.instagram.com/WatsonEstates/
YouTube: https://www.youtube.com/channel/UCnOA4PbXLfGUectVL3S-iXQ
Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from! Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca
Gary guests on Real Conversation with Kelly Skar! This bonus episode features Gary on the other side of the mic, and they chatted about mindset, motivation, an overview of real estate fundamentals, and how you can innovate during a time of crisis!
What you'll learn:
Kelly’s Bio
My family is my everything, as you can see we are a bunch of dorks that love to have fun.
My philosophy on helping my clients buy and sell real estate is that things don't have to be serious all the time, the journey can be fun and we have to remember the destination.....your new home.
No matter if you are buying or selling a home, I have you covered on every aspect of the transaction from inspectors to lawyers to mortgage brokers to stagers and handypeople (I am pretty sure I just made that word up).
I have been selling real estate for 13 years, I am a HUGE Green Bay Packers fan, I love to play golf (poorly), camp, hike and spend time on vacation in either Hawaii or Fairmont, BC.
Follow Kelly
Cell 403-827-7527
Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!
Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca
The Real Estate Empresses are Sarah Larbi, Gabrielle Campbell, Jenn Richter, Jessica-Ann Buchta. This podcast was recorded in May, & while they were speculating about what might happen in the market due to the current situation, a lot of it has come true.
They discussed how they have shifted their investments since the pandemic began; also about whether a second wave would happen & its effects; censorship; the narrative that the mainstream media is telling; how to pandemic proof your life!
What you'll learn:
Bios
Sarah Larbi had the drive & focus to embark, build & grow a seven-figure, 10 property investment portfolio by her early 30’s, all whilst full-time employed. Known as the BRRRR Expert, her results-oriented approach has been featured in numerous Canadian media, on the stage at events like Canadian Real Estate Wealth Investor Forum & as a guest on many North American finance-focused podcasts.
Sarah hosts her own podcast “Where Should I Invest?”, which reached the Top 50 of All Time for Canadian Investing on Apple podcasts & is also co-founder of The REITE Club & co-hosts their own successful podcast.
Gabrielle Campbell is the owner of Regalway Homes with her husband. Starting her investing journey purchasing new builds with a sustainable footprint in the Milton area followed by the first complete reno, their portfolio now consists of over 10 doors with a shifted focus to acquiring multifamily homes in both Canada & the US.
Jenn Richter of Double E Properties has grown an 11 property portfolio with her husband while
still raising two young girls.
Featured in Canadian Real Estate Wealth magazine, Jenn is an active member of her community locally & in the real estate investing space where she is often found MC-ing couples games at investor meetings or speaking at local teal estate events about her journey.
Jessica-Ann Buchta completed $50Million+ in real estate deals by age 30 while working full-time as a lawyer in the energy sector. Known as the Air BnB Queen, Jess specialized in luxury cottage rentals & high-end long-term rental properties across Ontario & now focuses on purchasing off-market multifamily properties.
She began her real estate investing journey with fix & flips before moving on to run Canada’s largest wholesaling business, purchasing off-market, under-value properties with her husband.
Follow The Empresses venture & adventures on Instagram - https://www.instagram.com/therealestateempresses/ or connect with them at www.therealestateempresses.com
Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!
Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca