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Real Talk With Gary - Real Estate Investing

Gary Hibbert is a Full Time Real Estate Investor, Licenced Real Estate Agent, achieving various Realtor awards and an Educator. In 2008, he purchased his first investment property and through hard work and dedication, left the regiment of the corporate world to become a Full Time Entrepreneur in 2014. Gary has helped hundreds of clients with creating a wealth strategy plan through public speaking, online webinars and even has his own podcast channel dedicated to inspire and educate anyone willing to change their mindset. He continues to play an active role in his community by attending corporate, private and school events to educate adults and especially children. Gary’s inspiration and hard work comes from his passion in helping others and wanting to make a difference in their lives. “Being able to design a lifestyle of your choice is not an easy feat, however, it’s attainable as long as you have passion and know what your ‘why’ is. “ - Gary Hibbert
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Now displaying: 2020
Jun 17, 2020

Gary chatted with his good friend Aslan Mirkalami, an author and The Result Doctor! They talked about a wide range of topics…

What you'll learn:

  • Why every belief we have is a lie
  • How you become like the people you are in close proximity to
  • Why people that become wealthy all share a certain set of beliefs - e.g. they don’t believe money is evil, or you don’t have to be an evil person to be wealthy
  • They don’t have beliefs like “I’m not worthy of money…”, “Money doesn’t grow on trees”, “Money is the root of all evil”, etc.
  • A belief is statement of idea without any physical proof
  • Aslan can show you how to dismantle limiting beliefs and replace them with empowering ones
  • The amount of hours you conscious mind is awake or aware
  • What a cashless society might look like, and what a new currency could be to replace it
  • Currencies such as cash and cheques convey confidence, and involve trust
  • Why the banks are your friend when you need services, but when times are tough they get tough
  • Aslan’s opinion on mental illness, our current situation, the lockdown, mainstream media and more.
  • People are using alcohol now
  • Suicides are skyrocketing as well
  • Why happiness is our natural state
  • You were born to be happy, and you learn to be unhappy
  • Aslan believes that every child is a millionaire, and can do anything
  • Why happiness enhances your performance
  • Personal forgiveness is important
  • Why your children thrive or struggle based on the beliefs you instil in them
  • What does more money bring? More experiences…and more memories, then this leads to great happiness
  • And MORE!

Aslan’s Bio

Aslan Mirkalami is the founder of Result Doctor.com as an Executive result coach. All I am going to say people who work with him Become wealthy and rich and make a lot of money, so pay good attention, I will let him introduce himself.

He has authored the books, “Believing Is Seeing”, “Secrets of the Healthy Mind” and “Unfuck Your Life”, all available on his website below.

Website: www.resultdoctor.com

Phone: 416-258-0038

Email: aslan.mirkalami@gmail.com

Facebook: Aslan Mirkalami

Instagram: Aslan Mirkalami

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

Jun 10, 2020

Gary chatted with investor Glen Sutherland, a Canadian investing in the USA. He started with buy/hold investments early on in Canada

What you'll learn:

  • How Glen migrated from buying one investment property for his retirement to multiple units
  • How the ‘Bank Of Grandma’ played in to his early success - family members can be a great source of cash for your investment journey
  • Proactive strategies for dealing with tenants and rent, if they are struggling or lost their job, especially during a pandemic
  • Should we be investing in real estate now, or see how things play out over the coming months?
  • Why it still may be a good time to invest, based on past cycles
  • What happens if there is a shortage in properties for sale, or if there are too many properties for sales?
  • The differences between investing in the States and Canada
  • How you must do research to see where you will invest in the US
  • Why prices are more favourable in certain areas, and make it easier to get into the market vs. Ontario
  • Why renovation costs in the US will gain you more, as everything is more expensive in Canada - Dual flush toilets were purchased for $60
  • How it’s important to assemble a strong team to help you, or a good property manager
  • Why you should be afraid of purchasing properties that need more love - Glen is no longer afraid of buying cheap properties that will appraise at a higher value
  • Mortgages can be had, because there are so many banks across the United States, and some that are only in different states
  • What is a ‘non-recourse loan’ in the US?
  • Why you should use a corporation for investing, and nothing should be in your name
  • What are the loan to value ratios in the US?
  • What are the criteria for getting a mortgage in the US as a Canadian?
  • Most mortgages are low risk in the US
  • And MORE!

Glen’s Bio

Glen Sutherland is a real estate investor from Cambridge, ON where he lives with his wife and two terrific children. He started his investing journey purchasing 'buy and hold' rental real estate locally. After a lot of research, he learned of more favourable laws, lower property taxes, and lower cost of entry south of the border. These factors make for greater ease of wealth creation. These days, Glen is investing in the US by buying, renovating, refinancing to grow his rental real estate portfolio. He also hosts the Podcast and Youtube channel entitled,  "A Canadian Investing in the US", where he provides information and advice to investors interested in investing in both Canada and the US. He enjoys the privilege of sharing his knowledge with others.

Website: https://www.glensutherland.com/

Phone: 519-502-9340

Email: glen@glensutherland.com

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Jun 3, 2020

Proactive Mental Health Strategies

Gary chatted with Jen Couto, a trainer who has a passion for movement! She also helps women discover their best selves, and also worked in the mental health space. This journey also helped Jen deal with her own depression, self esteem issues

What you'll learn:

  • How she migrated from an in person trainer to online training, and why she feels that yields better results
  • How she has created and fosters an online community for her clients
  • In person training is very focused
  • She guarantees results
  • Jen has both free and paid communities
  • People seem to be binge eating or not getting enough good nutrition
  • Why she asks clients what their ratio of good food to junk food that was eaten in the past week
  • She helps people increase activity and eat well when their bodies are under incredible stress during the pandemic
  • How sugar plays into stiffness
  • How Gary did 1 run this week and it made all the difference in the world
  • We may be able to be positive, but people are struggling
  • How to motivate yourself, especially now as people are stressed in our current situation
  • How and why she creates a safe space for clients to share and talk about what’s happening to them now
  • How Jen works on her mindset now, and how it’s changed over the years
  • Why both Jen and Gary *still* use coaches
  • Why passion is not sustainable - and why sometimes it needs to be manufactured
  • Why you shouldn’t feel bad if your passion is not felt 24/7
  • Why you should focus on things you must do to focus your passion and help with mental health
  • Why you can damage a property and move to another, but your body is the only one you’ve got…you can’t just repair it at will - treat your body like a temple
  • And MORE!

Jen’s Bio

Jen is an Online Trainer currently living in Toronto who has a passion for life through movement. She has spent 5 years in the industry building a determination to help  women in their quest to their best selves.

She’s a mother of three who has gone through bouts of depression and challenges with self esteem and body image. Jen believes in the power of healthy living to heal and develop the tools necessary to live a happy and fulfilling life.

Her online training programs include daily accountability, a community of support, mindset coaching, and customized nutrition and fitness programming.

Contact Jen

Phone: 416.953.3449

Facebook: https://www.facebook.com/jennifer.couto.505 
Insta: @Hylif.str

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

May 27, 2020

Gary answers some questions that have been sent to him on Instagram first, then welcomed Matt McKeever, a young investor who quit his job at age 31, effectively retiring and living life as an investor full time. He started with rentals for students, and moved up to multi unit rental spaces. He and Gary had a robust chat on many topics, especially balancing the need for cash in an investment property vs. the time you devote to your investments!

What you'll learn:

* EXPECT to make mistakes when you begin as a Real Estate investor

* Don’t let it stop you from taking action

* Surround yourself with a strong team

* You won’t hit a home run on your first property

* How Matt has repositioned due to the market realities of our current situation

* Techniques to attract people to view properties virtually

* How commercial lenders are changing their rules almost weekly

* Why Matt started his YouTube channel for Canadian investors

* Is real estate investing still a worthwhile pursuit during a pandemic?

* Matt discusses how to determine what income level can afford certain property rents

* Will vacancy rates change due to our current situation

* Are the million dollar flips in jeopardy

* Is commercial real estate experiencing pain

* will companies abandon expensive office space

* Will restaurants change/disappear due to commercial spaces

* Why cashflow is king

* Is the old world / old way of doing things gone forever?

* How more transactions will move online

* Innovation is playing a part how business operates during the pandemic

* Will there be a massive shift to online learning, with cost savings to universities

* Be clear on why you want to be an investor - what do you need vs. what you want

* The difference between information, knowledge, wisdom and experience

* What is the return on your time invested AS an investor

* Money is unlimited, time is a scarce resource

* You HAVE to make offers if you are an investor!

* And MORE!

Matt’s Bio

Matt McKeever is a Real Estate Investor, Youtuber with close to 60k followers with 5-10k views per day, a registered CPA and co-founder of Cashflow Tribe to help educate real estate investors.

At the age of 31, Matt retired to become a Real Estate Entrepreneur. He began investing in London, Ontario in 2010. In 2015, Matt quickly built up his real estate portfolio implementing the BRRRR strategy. At any given time he has over 100 units.

Matt also founded and hosted events such as the Ontario Real Estate Conference (OREC), the Vegas Entrepreneur Experience (#vee2018). Lastly he is the co-host of the ON FIRE podcast discussing financial independence with various folks around the world who are passionate about their financial freedom.

Contact Matt

https://www.youtube.com/mattmckeever  
https://cashflowtribecanada.com/  

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

May 20, 2020

Gary welcomed Aziz Velji, teacher of human potential and author of “CALM BRAIN, POWERFUL MIND: Abolish Stress to Unleash Your True Potential”. CALM BRAIN, POWERFUL MIND is a comprehensive and seminal self-help book about how a person can eliminate stress from their lives in order to access the inherent power of their mind, and live a happy, healthy, and creative life. Gary and Aziz had a great chat about beliefs, thoughts, actions, mindfulness, meditation and the ability for change!

What you'll learn:

  • We have two ways or mindsets to respond to events - fear, unhappiness, stress, OR happy, calm, alert, resilient mind.
  • Why the first 7 years program our beliefs for the rest of our lives, by people who want the best for us, but are teaching us what they know
  • 70-75 of programming delivered to us is counterintuitive to our needs and is subconscious
  • a child doesn’t know cause and effect, and this results in “I don’t deserve it mentality”
  • After age 7 the conscious mind starts to evaluate our beliefs and our thoughts.
  • Our beliefs become thoughts, which become our words, which become our actions, which become our habits, which become our values
  • Do we have the ability to change our beliefs
  • You face a crisis and you use the subconscious mind to solve the problem
  • How do you approach changing your beliefs
  • What is a Mental Diet?
  • What is ‘mind chatter’?
  • The brain has a negative bias and how that plays out for us
  • Our mind is like velcro for negative thoughts, and teflon for positive ones
  • What is observing your thoughts?
  • Why you want to split yourself into two - watching and doing
  • When we are present, there are no thoughts, we are fully enjoying an activity - some have trouble maintaining it, so we switch back to the subconscious
  • Most people spend 95% of their day in ‘mind chatter’ / subconscious
  • Why meditation is SO powerful!
  • And MORE!

Aziz’s Bio

As a student, teacher and author, my background encompasses specialized areas of study and expertise in philosophy, psychology, meditation practices, quantum physics, brain enhancement, neuroscience, and lucid dreaming (or what is called Dream Yoga). My formal education includes postgraduate degrees in engineering and business management. I have applied these areas of study and formal training to better understand the nature of reality, the relationship between the brain and the mind, and to further advance society, humanity, and most importantly, our potential as human beings.

My book, “CALM BRAIN, POWERFUL MIND: Abolish Stress to Unleash Your True Potential” is coming out in a few weeks.

CALM BRAIN, POWERFUL MIND is a comprehensive and seminal self-help book about how a person can eliminate stress from their lives in order to access the inherent power of their mind, and live a happy, healthy, and creative life. There are many books that discuss ways of controlling stress, but this book seeks to help the reader understand the true causes of stress, and how the various parts of the brain are critical in its development... and ultimately, in its removal. As well, the book explains and provides the tools (like meditation) that can be used to eliminate stress from a person’s brain, mind and their thinking.

I also teach my “Conversations with Friends” series of seminars and workshops which are based on the book.

Contact Aziz

Phone: 416 669 9539

Email - aziz@calmbrainpowerfulmind.com

e-Book - https://www.amazon.com/author/azizvelji

website - www.azizvelji.com

 

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

May 13, 2020

Gary welcomed Howard Tavroges, a paralegal who has represented both tenants and landlords at the Ontario Tenant Review board, but now exclusively represents landlords.

Tenants are not paying rent, banding together for support. Since these are difficult times, Gary picked Howard’s brain about the legality of this current situation, and how landlords should proceed. Landlords aren’t powerless, however there must be a process followed to ensure a happy and legal outcome.

What you'll learn

  • Why tenants are banding together to defer rent
  • Has the tenant been proactive to propose a rent solution
  • Is the tenant using the pandemic as a ploy, or having genuine trouble paying?
  • Should landlords issue an N4
  • Should landlords then file an L1
  • What suggestions Howard has for landlords during this time with COVID 19
  • What about vacant possession - What if a seller has sold their home with a tenant and the buyer is going to occupy the home
  • Howard’s suggestions about collecting rent
  • Can you use the last month’s rent to fill in the gaps
  • Is it wise to accept credit cards or Square payments
  • There is an incredible backlog at the LTB, what is happening about scheduling these hearings.
  • The LTB website have posted about possibly having telephone hearings, what does Howard think
  • Howard’s suggestions to expedite the eviction process
  • How long he thinks it will take for a landlord to be able to get a hearing
  • What is the landlord’s obligations as far as maintenance during this time
  • Prior to COVID 19, did you see any changes/improvements with the LTB process?
  • And MORE!

Bio

Howard’s Bio

I only represent Landlords.  That’s all I do. Nothing else. Having been on the other side, I am in a very advantageous and unique position in being able to assist landlords with any problems they might be experiencing with their tenants.

My philosophy is to provide all of my clients with superior, high quality and cost-effective legal representation. I have an exemplary reputation for diligence, preparedness and a comprehensive knowledge of The Residential Tenancies Act.

Contact Howard

Phone: 705-722-1971

Email: info@tavrogeslegal.com

Credit card payments: www.getdigs.io

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

May 6, 2020

Gary welcomed Kathryn "RaRa" Asaro Mayers & Colleen Lindberg, founders of WYSIWYG into the studio for a really fun and engaging chat about WYSIWYG.

WYSIWYG "What You See Is What You Get" is the easiest explanation we could come up with for the name of our PROJECT. The results KOLBE A Index and KOLBE F (Financial MO) Index provide are clear & concise. You will know exactly how you do things according to your connate abilities.

Kolbe A index measures your instinctive way of doing things and the result is called your MO (method of operation). It is the only validated assessment that measures a person’s conative strengths. Gain greater understanding of your own human nature and begin the process of maximizing your potential.

What you'll learn

  • Why Kolbe tests can help anyone interested in how they operate
  • The 4 quadrants of a Kolbe test and what they show
  • They can be used for interpersonal relationships, both personal and work-related
  • Build businesses that match our strengths
  • Assess how potential business partners work, to avoid future conflict
  • Assess others’ skill set, to better plan who does what
  • Understand our children better
  • How you handle money
  • How you handle information
  • Do you need challenges, or prefer stability
  • Stop fighting your needs and embrace your true strengths
  • The difference between Kolbe tests and DISC
  • How these tests map out the three dimensions to the mind
  • And MORE!

Bios

Colleen Lindberg Bio

Colleen Lindberg, is a passionate speaker, trainer, facilitator, consultant, author and mentor.

With her entrepreneurial spirit she started her first self-employed business at 17 years old. This zest for entrepreneurship extended into a consulting firm 11 years later, which she has been successfully running for the last 10 years.

The Kolbe culture and way of life has been an off shoot to the consulting Colleen delivers in corporations. From individual understanding to team/joint venture dynamics, Colleen has been using

the Kolbe index to enhance lifestyle and cultures within people and teams.

She is the author of the book “Change the Light Bulb: Habits and Choices to Create Success In All Aspects of Your Life”. Colleen loves life and enjoys spending down time taking walks, playing with her animals and laughing. You can always find her nose in a great book.

She truly believes that the more you know about yourself the better ammunition you have to create lasting success in all the areas of your life.

Kathryn “RaRa” Asaro Mayers Bio

RaRa is a New Yorker who loves everything about the Big City.

For over 3 decades RaRa has been living in Canada raising her family, then devoting her time to her businesses.

The Entrepreneur in Kathryn emerged at a very early age, it was all she could think about. She went on to develop her market in Real Estate while living in New York as a Broker of Record. Then Psychology, Fitness, Nutrition, Lifestyle & Business Coaching while living in Montreal and New Business Development with THE BRIDGE, her Personal Growth Company.

Speaking, Presenting, Coaching, Team Building, Business Etiquette & Relationship Marketing are some of the roles RaRa is passionate about.

Some of the Businesses that have Kathryn’s personal participation and partnership from inception are Owner & Concept Coordinator-Brooklyn Heights, Founder & CEO-THE BRIDGE, Co-Founder-Gratitude Girls, Co-Founder, Co-CVO-B.U. Network and Executive-Send Out Cards-Team Gratitude.

Rotarian at heart since August of 2014 RaRa currently serves her community in Toronto as a member with her heart in “Service Above Self”.

Kathryn is a former member of Toastmasters International and BNI: Business Network International.

Contact Kathryn

WYSIWYG -What You See Is What You Get

Co-Founder of WYSIWYG - https://www.facebook.com/groups/526470551524896/

Founder & CEO of THE BRIDGE, https://www.thebridgeempowers.com/

Co-Founder of GratitudeGirls, http://gratitudegirls.com/

Co-Founder & Co-CVO of  B-U Network, https://b-u.network/

Executive Affiliate, Send Out Cards https://www.sendoutcards.com/u/82520

Contact Colleen

Facebook - https://www.facebook.com/clindbergbusiness

Instagram - https://www.instagram.com/thecolleenlindberg/

Website - http://colleen.biz/

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Apr 29, 2020

In this episode, Gary speaks with his personal MD, Dr. Carlos Yu. Dr. Yu specializes in getting people OFF their medications, responsibly, by replacing the effects of the meds through meditation classes, nutrition, etc. Their discussion delves into social contagions, and what they do to the lungs, social media hygiene, exercise, etc. and they do a LIVE 2 minute meditation!

What you'll learn

  • Is the fear spreading faster than the virus itself
  • The benefits of social media hygiene
  • How to balance alone time with sheltering in place with your family
  • Why walking outdoors is very valuable during this epidemic
  • Can healthy nutrition help battle viruses, and the role of flavonoids 
  • There are at least 5 viruses
  • Why younger people with existing health challenges can get the virus
  • Microbiomes, gut health and more
  • Are people dying that are essentially healthy
  • Why Italy was the hotspot for the longest time
  • The numerous benefits of meditation
  • Myths about meditation
  • Why over sanitizing is note necessarily the best course of action
  • Addictions in the current world
  • And a LIVE meditation!!
  • And MORE!

Bio

Dr. Carlos Yu, BMath, MD, CCFP(EM), CTH, FCFP

Dr. Carlos Yu is a Psychotherapy, Addiction Medicine, Integrative Family medicine, Emergency medicine, and Travel Medicine Physician at Ajax Harwood Clinic.  Carlos graduated from the University of Western Ontario and completed his residency training at North York General Hospital.  His interests also include promoting population wellness through giving talks or running wellness groups at schools and other institutions.

He runs weekly Accu-stress Reduction and Mindfulness -based Intervention groups open to everyone from his clinic in Ajax.

He received group facilitation training through Mindfulness Without Borders, a non-profit organization that delivers mindfulness training to help individuals manage stress and emotional difficulties.   

Website/contact info for Dr. Carlos Yu

Phone number

9056830690

Facebook

https://www.facebook.com/carlos.yu.940

Instagram

https://www.instagram.com/c.yu765/

Website

https://ajaxharwoodclinicblog.wordpress.com

https://www.whatisharewithpatients.com/p/home-page.html?m=1

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Apr 23, 2020

In this episode, Gary was a guest on Sarah Larbi’s podcast, a real estate investor, speaker, podcaster and mentor with many years of experience. They had a wide-ranging discussion on many topics, such as investing, currency, and how business will need to innovate and change to survive this pandemic for the future.

What you'll learn

  • Gary’s opinions on money, and the historical significance of investing
  • The significance of WW1 and investing
  • the significance of gold on currencies
  • Why countries aligned their currencies to the US dollar in 1944 and became FIAT currency
  • Why wars caused these countries to print money, and the ramifications
  • 1971 Nixon unpegged the currency and the dollar became paper!
  • How COVID-19 interrupted economies, and why countries will have to print TRILLIONS of dollars to keep the economies going * What will be the plan to deal with all this excess currency, is it inflation?
  • Will governments be able to bail out or rescue every business affected?
  • What is the silver lining in this crisis - innovation, and what it means!
  • How jobs will change, move or be made redundant * How the workforce may change due to COVID changes, and how will the culture change - ‘water cooler’, traffic, etc.
  • How local manufacturing, vs foreign may dominate the future
  • How we’re repositioning our business to prepare for the future
  • Why some investors are worried about being over leveraged
  • Why good landlords are having more success, both now and during non-pandemic times
  • How landlords can innovate to accept alternate forms of payment if needed
  • House price predictions for the future
  • And MORE!

Bio

Sarah Larbi had the drive and focus to embark, build and 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 and 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 and is also co-founder of The REITE Club and co-hosts their own successful podcast.

Website: https://sarahlarbi.com/podcast-home/

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca 

Apr 15, 2020

In this episode, Gary speaks with Stefan Aarnio, a real estate investor with many years of experience.  Stefan has flipped thousands of properties, but also has experience with currency investing, and is a historical and current currency expert.

What you'll learn

  • History lesson, what the past can teach investors about future economic patterns
  • The history of money - what former currencies still exist, and do they have relative value
  • Should people be looking at gold and silver as an alternative or continue to focus on Real Estate?
  • Should people take the mortgage deferral? 
  • What should people be doing during these times? How do they protect themselves?
  • How long is this recovery going to take? 
  • Are we going into a recession or a depression?
  • Canada and the US are firing up the printing presses - can they print us out of this? 
  • Hard times create strong men - what cycle are we in - talk more on your book and what people can expect
  • What’s the future look like
  • What can people expect where that will tie in your newest book
  • And MORE!

Bio

Stefan Aarnio is an Award-Winning real estate Investor, Entrepreneur, Author and winner of the 2014 Rich Dad International Hall of Fame award. Starting with only $1200, Stefan has built a Multi-Million Dollar portfolio for himself and his partners and has been recognized on The Self-Made List.

Stefan runs a Podcast called “Respect The Grind” which is a series of interviews with elite people in various industries. The interviews are all about how it takes 10 years and 10 000 hours to achieve mastery in any practice and industry, and you must respect the grind!

Website/contact info for guest

Website - https://stefanaarnio.com/
 
The Book - http://strongmenbook.com/

Amazon - https://bit.ly/2V95soa 

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Apr 8, 2020

One of the things I’ve learned over the years is to surround yourself with the best in the industry and Daniel Patton is just that! A partner of Smart Home Choice, Daniel has been a mortgage agent for over 18+ years with a personal ranking of 17th across Canada for 2019 with Butler Mortgages (who recently ranked #1)... now that’s impressive!

On this Podcast we discuss the current market conditions, the major changes the Bank of Canada has introduced and is now the right time to refinance? and so much more. Learn from the best to be the best! 

What you'll learn

  • Why variable rate mortgages are lower than fixed right now
  • What happened on Friday March 13th!
  • Why prime rate dropped 1% in one week
  • Why prime - X% discounts are being removed for most new mortgages
  • Why Prime +40 might cheaper than Prime -40!
  • Why fixed rate mortgages are more expensive right now due to risk
  • Why the Bank of Canada rate is dropping yet some mortgages are going UP due to the bond market
  • Rates are only one factor in a mortgage - features, options and more are important too
  • As debt grows governments will have to prop up the system to avoid a collapse
  • Why B lenders are financing 75% not 80% at the moment
  • Why A & B lenders have different qualification rules regarding income
  • Why brokers can ‘get creative’ with income
  • How is Genworth, a mortgage insurance company handling layoffs
  • How temporary and potentially permanent layoffs are affecting approvals
  • Why you do your homework and prepare questions before contacting a mortgage agent
  • Why you shouldn’t Google interest rates, as they are many factors that influence rates
  • Why investors sacrifice rate for options by choosing a lender
  • Is now a good time to refinance your mortgage? It depends on mortgage type, renewal date & penalty
  • Will Lines of Credit be more restricted?
  • Should you take advantage of the mortgage deferral?
  • How is the deferral structured and will it affect your credit?
  • Documentation is key to assist your broker or lender - bank balances, investment statements, RRSPs, etc
  • Why you should provide your lender with an overall plan to assist with lending
  • And MORE!

Bio

Daniel Patton has worked in the mortgage business for over 18 years and has established himself as one of the top mortgage agents in Canada.  Along with his business partner Dave Butler of Butler Mortgages, Daniel has helped grow Butler Mortgage into the number 1 brokerage for investors by working closely with his clients on a day to day basis. 

Whether it be a self-employed investor, first time investor or seasoned veteran looking for ways to acquire more properties, Daniel and his team have years of experience planning and strategically helping investors from all areas both inside and outside of Ontario.

"Investors, much like houses come in all different shapes and sizes, we must adapt to their situation and find ways to get approvals.  Not every situation is alike and some require more time and patience, we strive on putting together a plan and working closely with our investors and love helping them achieve their financial goals and freedom."

Daniel was Ranked as the #17 mortgage broker in Canada in 2019 by CMP Magazine and along with his team of investor savvy mortgage experts, they look to build on what is already been an amazing journey. 

Website/contact info for guest

Email: daniel.patton@butlermortgages.com

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Mar 25, 2020

In this episode, Gary speaks with Natasha Cultraro, a real estate investor and property manager with over 10 years of experience. 

She has experience with duplex conversion, single family buy and hold, and rent to own strategies. She shares her personal journey from transitioning from a full time 9-5 job to full time entrepreneurship, while starting two businesses!

What you'll learn in this episode:

* Mistakes investors make when selecting a pm company, and it’s not price for value!

* How a property manager can help set rent amount upstairs vs downstairs

* How long typically a property stays vacant

* how often ICPM update investors on cash flow

* how a bbq gifted to Natasha changed her future

* Why Natasha Insisted she get a duplex for her first investment property, and why the rent from the basement calmed her fears

* Why taking equity from your first property will allow you to renovate it as well as purchase properties

* How she transitioned from a 9-5 to full time investor and property manager

* How her connections enables her to get a fast start in property management

* Why parking spots play into the rent amount and number of apartments

* What ICPM charges their clients to service the properties

* How Natasha avoids burnout as an entrepreneur

* Should investors manager their own properties or hire a property manager

* And MORE!

Bio

Natasha Cultraro is a real estate investor and property manager with over 10 years of experience.  She has experience with duplex conversion, single family buy and hold, and rent to own strategies.

She funds her purchases through creative financing techniques and executes flexible joint venture partnerships. 

Natasha is the owner of Investor's Choice Property Management, Inc, a residential property management company serving Durham and Clarington regions.

Most recently, Natasha has launched "The Intuitive Entrepreneur", a company that teaches business-minded individuals how to strengthen and sharpen their intuition in order to make better deals and become more powerful negotiators. 

Website/contact info

ICPM Website - www.ICPMpros.com

Phone - 888-641-8889 x3

Facebook - (ICPM) https://www.facebook.com/natasha.cultraro.3 Intuitive Entrepreneur - https://www.facebook.com/theintuitiveentrepreneur/

Instagram - @the_intuitive_entrepreneur

LinkedIn - www.linkedin.com/in/natasha-cultraro

Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca

Mar 11, 2020

Norada Real Estate Investments helps take the guesswork out of real estate investing.  By researching top real estate growth markets and providing fully renovated turnkey investment properties, we help you succeed by minimizing risk and maximizing returns.  A turnkey real estate investment means investing in a rental property that will give you continuous profit with little hassle.

Bio

Marco Santarelli is an investor, author, Inc. 5000 entrepreneur, and the founder of Norada Real Estate Investments – a nationwide provider of turnkey cash-flow investment property.  His mission is to help 1 million people create wealth and passive income and put them on the path to financial freedom with real estate.  He’s also the host of the top-rated podcast – Passive Real Estate Investing.

Find Mario here ==>

https://www.passiverealestateinvesting.com/

https://www.noradarealestate.com/

What you will learn in this episode:

  • When Marco started at 18 bought first his property, a townhome, needed some work so fixed it, managed it, leased it himself!
  • He had started a few different businesses with a friend;
  • He made a few mistakes with that first property but did well as his first rental;
  • Learn the BIGGEST MISTAKE a real estate investor or potential investor could make with investment properties;
  • Marco was 8 years old when he knew he wanted to be wealthy and create wealth, and what he did after that to achieve his goal, learning about finance, real estate, wealth generation;
  • What your outcome COULD be if you don’t continue learning as you invest;
  • Maybe people WISH for their lives to improve by investing or building a business, but very few take actions by setting goals;
  • Marco feels it’s easier than most people think to kick the fear to the curb and TAKE ACTION to invest or build a business and that it’s a HUGE mistake to not get started;
  • How he translated his investment strategies to the California real estate market;
  • How he transitioned his investing strategies from a frenetic ‘buy anything’ focus to a hyper focus on single family homes;
  • How he weathered the financial collapse in the US, and what strategies he used;
  • What factors you should consider when you buy to mitigate 90% OF THE RISKS when investing in real estate;
  • The differences between mortgages in Canada vs. The United States;
  • Marco’s recommendations for resources and books to help investors LEARN and grow; AND MORE!
Mar 4, 2020

FROM THE ARCHIVES – PREVIOUSLY RECORDED 2017

There are more and more people interested in wholesaling BUT… does it really work?

Is it possible to get started with very little money or none at all?

On this call you will learn from one of the best in the industry, Allison Corey and how she took wholesaling to the next level.

What you will learn on this call:
• Can you get into Wholesaling without having much cash?
• The best way to find investors and having the conversation
• Can you effectively wholesale without using bandit signs?
• Who do you need on your power team to get started?
• What contracts to use and how do you assign the agreement?
• How do you know if you have a great deal in front of you?
• What is the single most important thing when wholesaling?
• Who do you need on your power team to be successful?

Bio
Born and raised in Canada, I lived primarily in Southern Ontario. I have 2 daughters currently in college, and I worked part time in the beauty industry and 30 years in the hairstyling industry. My gift has been to manage and organize businesses.

In 2006 I purchased a floundering hair salon and created systems to make it profitable, reselling it after 8yrs. That same year I also purchased a golf photography business and in turn helped head office restructure their website, technology and streamline their products and services offered.

I got Involved with real estate in 2013. Primarily I have been purchasing multi units and lease options for wholesale, now moving into fix and flips. I participate in speaking engagements for real estate investment companies and write blogs for 2 different companies for online subscriptions.

Contact Allison Corey
Email: casainvesting@gmail.com

Feb 26, 2020

Ronald De Coteau, the owner of Property Pathways Inc. joins Gary Hibbert in the studio, along with co-host Quinton Cordick for an UNSCRIPTED podcast about real estate investing.

What you’ll learn on this Podcast:

  1. How Ronald got his start attending real estate clubs learning about buy & hold, fix & flip, and BRRR
  2. He bought his first home and rented part of it out, which is a great way to get started, as it likely won’t be your forever home
  3. Leveraging the equity in that first property allowed Ronald and his wife to purchase multiple investment properties
  4. Ronald uses several methods to invest – pre-construction; BRRRR – Buy, Renovate, Rent, Refinance, Repeat
  5. How Property Pathways can assist BEFORE purchasing a property to ensure it is “Suite-Able”, and finding out after that the property can’t be converted
  6. How Property Pathways assists investors by providing assistance and advice to navigate the municipal bylaws and building code requirements
  7. How to build a successful portfolio as a real estate investor
  8. How Property Pathways helps investors buy a single family home and “BRRRR” it – adding a second unit to single family homes
  9. How Property Pathways assists with a renovation strategy, building permits, and the entire process
  10. How parking is becoming an important consideration for investment properties
  11. What are some of the BIGGEST mistakes an investor can make, and HOW to avoid these
  12. And MORE!

Bio  

Ronald is the founder and president of Property Pathways and delivers on his promise to pioneer an enriched design and construction experience for real estate investors.

He started investing in real estate in 2016 and was surprisingly challenged to find a design or contractor that could explain the legal process of a secondary suite renovation. He set out to become the subject matter expert and the valuable resource to real estate investors throughout Ontario.

By leveraging his education and experience gained in the commercial construction sector, he created a hybrid service specific to real estate investors who focus on the creation of long term wealth by buying and holding or BRRR real estate.

He works with real estate investors and their real estate agents to identify Suite-Able properties and has the battle scars and relationship in municipalities throughout Ontario to prove it. Navigating the bylaw and building code requirements for a legal secondary suite bridges the gap and creates a Pathway between the problems associating with converting property and the profit that awaits the investors.

Our service is predicated on the belief that the building permitting process for real estate investors should be uniquely tailored and we achieve this through our four-phase design process that produces the detailed and easy to interpret permit drawings for a worry free construction process. Sit back, relax and enjoy today’s show. 

Website: Property Pathways - www.propertypathways.ca

Instagram: Property Pathways

Phone: 647 870 1701

This podcast has been made possible by the support of: 

ICPM – Investors Choice Property Management - http://www.icpmpros.com/

ICPM offers affordable residential property management in Durham region.

Feb 13, 2020

Our new podcast studio is opened for business and what better way to usher in 2020 then to have the founders of Our Neighbourhood Realty, Bob and Rhonda Best to open the show.

With over 30+ years of experience Bob and Rhonda have built a unique and fast-growing Brokerage that offers weekly training for Realtors to help them grow. Training them on scripting, investing in Real Estate, the importance of mindset and so much more. This dynamic duo has lofty dreams to take their Brokerage nationwide and change the face of Real Estate.

Sit back, relax and enjoy today’s show.

What you’ll learn on this Podcast;

  1. How Bob and Rhonda met and why they decided to start their own Brokerage?
  2. Why being a Realtor is a lifestyle and not a career or job?
  3. How to build a successful Real Estate business as a Realtor
  4. How important is mindset when becoming a Realtor?
  5. How Bob and Rhonda came up with the name for their Brokerage
  6. What to look for before selecting a Brokerage
  7. When you set your goals, how BIG should you make it?
  8. The commission fees they offer and why it’s different from most Brokerages
  9. What Our Neighbourhood has to offer compared to other Brokerages
  10. The importance of surrounding yourself with the right people

 

Bio  

With over 30+ years of combined real estate experience in the Greater Toronto Area, Bob and Rhonda have been the leaders of a successful real estate team and have held positions of leadership roles in various brokerages. It only made sense for them to take the next step and create something they were passionate about which allowed them to empower others on a larger platform with Our Neighbourhood Realty. Bob and Rhonda are devoted to their family and their community and have served on many community boards and sponsored many teams over the years.

They not only live in “Our Neighbourhood”, but they serve “Our Neighbourhood.” Their attitude is to always come from abundance and gratitude. This Journey of Blue is an exciting road ahead for them as they partner with lifelong friends, Luiz & Paula, and change the face of real estate.

 

Website: Our Neighbourhood Realty Inc - https://www.onri.ca/

Instagram: ourneighbourhoodrealtyinc

Phone: 905-723-5353

 

ICPM – Investors Choice Property Management - http://www.icpmpros.com/

ICPM offers affordable residential property management in Durham region.

 

Jan 25, 2020

FROM THE ARCHIVES – PREVIOUSLY RECORDED IN 2016

On this call I had the privilege to interview Tim JP Collins and discuss something very close to his heart. Helping people overcome their ANXIETIES. We had an open discussion about anxiety and believe it or not, anxiety is a normal, common reaction that many people experience.

 

What you’ll learn from this call;

- What is anxiety?

- Why do so many people experience this?

- What causes anxiety and what you should never do?

- Is there a difference between anxiety fear and stress?

- What steps can you take to overcome anxiety?

- Why it’s important to face your anxiety?

- Should you take medication to get rid of anxiety?

- Does social media tie into anxiety?

- Does exercising and diet contribute to your anxiety?

- Can you ever fully get rid of anxiety and do you want to?

 

Tim JP Collins Bio:

Tim JP Collins is The Breakthrough Anxiety Coach and supports people suffering with Anxiety, stress and panic attacks. Tim's approach isn't just about coping, it's about moving past Anxiety and fear to live the life you were destined for. Tim worked in the corporate world as a Vice President of Sales for 15 years, so is well versed in the business space. He ultimately decided that wasn’t for him and was drawn towards supporting others, to live anxiety and stress free while going big in their lives. Tim has also spent time in Entrepreneurial and Real Estate fields, starting a business with his wife in 2007, in their spare time, which went on to be brand name in the infant market and was acquired in 2015. Tim is the creator & host of "The Anxiety Podcast" Each week Tim interviews people that have stories that you will be able to relate to. The interviews are raw, real and vulnerable and people share what's really going on for them. Tim believes that the more out of alignment we are in our lives, the more Anxiety & Stress will show up. He really looks at the bigger picture when working with clients.

 

Tim JP Collins - The Breakthrough Anxiety Coach Host of The Anxiety Podcast ~ Less Anxiety. More Life!

 

Web: http://www.timjpcollins.com

Email: tim@timjpcollins.com

Podcast: http://www.theanxietypodcast.com

Facebook: http://www.facebook.com/timjpcollins

Instagram: anxietycoach

Twitter: http://www.twitter.com/timjpcollins

YouTube: http://www.youtube.com/timjpcollins

 

Jan 15, 2020

This month I had the chance to sit down with Brady and Kristy McDonald. They started investing back in 2015 and in that short period of time they've been able to accumulate close to 100 homes!

They built their own mini empire with the help of an awesome team of 15 people. The cool thing with this dynamic duo is throughout 2018 and 2019 they were able to operate their business from the Bahamas and the Florida Keys for 6 months.

On this call you’ll learn their favourite strategies, if you should put yourself into debt, the best way to remove fear and the age-old question, should you work with family members or not.

Sit back, relax and enjoy today’s show.

What you’ll learn on this call;

  1. What motivated Brady and Kristy to look into Real Estate investing?
  2. Why joining a Real Estate investing club can alter your life and mindset?
  3. The BRRRR strategy and how it allows you to scale quickly
  4. The evolution to Joint Ventures and using other people’s money?
  5. The systems and process required to scale your Joint Venture partnerships
  6. The best way to remove fear for beginning investors and your JV partner?
  7. Should you work with family members when investing in Real Estate?
  8. The biggest mistake Brady and Kristy made and what you should do now?
  9. Should you put yourself in debt to buy an investment property and how?
  10. Their thoughts on mindset and should you write your goals down?

Bio

Brady and Kristy McDonald started investing in real estate in 2015 when they realized the wealth and freedom it could create for their family.  Since, they have both retired from their day jobs, purchased close to 100 properties, built an awesome team of 15, operate a Joint Venture Real Estate company, a property management company and a renovation company. Although still very busy while away, they were able to operate their businesses from the Bahamas and Florida Keys for 6 months throughout 2018 and 2019.  

Website: https://www.bkrealestateinvesting.com/

Facebook: Brady.mcdonald.73

Instagram: BK.Brady

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