Real Talk With Gary - Real Estate Investing

#194: Wesley Cowan - Post-Pandemic Debt - A Trustee’s Perspective   On this episode, Gary chats with Wes Cowan, Senior VP, President of MNP, a firm specializing in consumer proposals and bankruptcy proceedings. Wes has over 20 years of insolvency experience as a license insolvency expert, helping people get back on their feet, but his services are very helpful for investors who want to get back into the investing game as soon as possible. They discuss what the difference is between a consumer proposal and a bankruptcy, and which applies to certain situations. If YOU are struggling with debt, don’t abandon hope, listen to this podcast to see if MNP can help you with your situation before it gets worse!   Gary also shares his goal planning ritual that he and Darlene use each year to make them crystal clear and achievable!   Don't forget, Smart Home Choice is gearing up for growth mindset in 2023 and their in-person events are ramping up! Check out SmartHomeChoice.ca for a list of upcoming events.      WHAT YOU'

#193: Brian Gordon - How Property Assessments Work & The Economy   On this episode, Gary chats with real estate investor Brian Gordon. Brian actually went to school to study real estate assessment with a side order of macroeconomics, and became an expert on the value of properties. Gary and Brian take a look at macroeconomics, inflation and the potential recession!   Don't forget, Smart Home Choice is gearing up for growth mindset in 2023 and their in-person events are ramping up! Check out SmartHomeChoice.ca for a list of upcoming events.    WHAT YOU'LL LEARN: How are properties being assessed right now in Canada  How often they are assessed in Canada Because properties have increased so much lately, should investors expect property tax increases If you use Property Line, can you use that as gospel or do you need to contact the municipality to determine the legal status of your multifamily home Macroeconomics and how it impacts the world Fixed vs. Variable And MORE!   Bio   Brian Gordon, Real Estate In

#192: Michelle & Marten Wind - Everything You Need To Know About Student Rentals On this episode, Gary chats with the owners of Peterborough based Diligent PM, Michelle & Marten Wind. They are the true masters of student rentals, as Diligent specializes in tenant placement and management of student rentals, as well as multi family homes. Not only do they own the company, but they themselves have owned student rentals, learned many lessons and are here to share their learned experience with you. If you haven’t given any thought to student rentals and you are curious about them, DON’T MISS this episode! WHAT YOU'LL LEARN: How they got involved with student rentals How Diligent PM helps investors navigate the jungle of requirements for student rentals are locks even permitted on student rentals how many rooms do they typically look for what type of permits do you typically need for student rentals It is recommended or required for parents to co-sign rental agreements do you get late rent payments when d

BONUS - Gary Hibbert guests on the More To Life Real Estate Investing Podcast   On this episode, Gary was a guest on the More To Life Real Estate Investing Podcast, hosted by Adrian Pannozzo. This conversation is full of actionable advice, elite knowledge about the investing game and super informative for those new to investing or looking to do more! Gary’s story continues to inspire other would-be investors, and his coaching and mentoring help people scale their portfolios and create systems for success. Oh, and Gary’s made a few mistakes and he willingly shares many of his ‘finer’ moments!   Don’t miss Gary’s tip for this episode about how *everything* is an investment, so you should invest your time wisely!   WHAT YOU'LL LEARN:   Strategies over the years that Gary and Darlene have used What to look for in an investment property Goal setting Design your dream life Some of the hard and soft costs How to build a great team to focus on what you’re good at Achieving geographical freedom And MORE!   Bio   Gar

#BONUS: Gary Hibbert guests on the Level Up Podcast   On this episode, Gary was a guest on the Level UP podcast. This conversation is full of actionable advice, elite knowledge about the investing game and super informative for those new to investing or looking to do more! We touch on how the current real estate market has changed investing and the strategies to take, what to look for in an investment property, and some of the hard and soft numbers to consider when looking at an investment. We also have some great talks on goal setting and focus to create a life by design! Learn more about Gary Hibbert and all the work he does here: https://garyhibbert.ca/   WHAT YOU'LL LEARN:   The market conditions as of September 2022, when this podcast was recorded Strategies over the years What to look for in an investment property Some of the hard and soft costs Goal setting Design your dream life And MORE!   Bio   Gary Hibbert | Investment Realtor Ninja  Sales Rep @ Our Neighbourhood Realty   Say hi at gary@smarthome

#191: Jennifer Hunt - Lifestyle Real Estate Investing | Real Estate as Self Care   On this episode, Gary chats with good friend and previous guest Jennifer Hunt, CEO of Real Estate Wealth Lab, in an unscripted conversation about real estate can help you create your desired lifestyle.  Jennifer is a real estate investing expert, having invested in student rentals, short term rentals, apartment and multi-family, and now luxury vacation rentals, for investors to also make use of. Rent out your property for most of the year, but reserve some prime time for you and your family! Own properties around the globe, and visit all of them! Not to be missed episode if you are curious about short term or vacation rentals!     WHAT YOU'LL LEARN: What is lifestyle investing all about Vacation rentals are a great way to diversify  What’s happening with the economy Mortgages in the US vs Canada Is now a good time to invest How Jennifer is repositioning her business Money printing, what her concerns are Where the economy is go

#190: Alfonso Cuadra - How Leaders Are Born On this episode, Gary chats with previous guest Alfonso Cuadra in an unscripted conversation about how leaders are born.  Like Alfonso says, he doesn’t just drop nuggets of info on Real Talk, he’s dropping BOMBS! They focus on Alfonso’s interpretation of the current market, as well as mindset. If you’ve never heard an episode with Alfonso, be prepared for the BIG energy he brings, banish your fears, find creative solutions to negative cash flow, as well as dropping those truth bombs! Not to be missed. And don’t forget, Gary and Darlene’s VIP mentoring program starts up again in February, so go to GaryHibbert.ca to make sure you take advantage of one on one coaching, and how to reverse engineer the life of your dreams. How to run your proformas, joint ventures, outsource, tax accounting, bookkeeping, and many more things in depth to supercharge your portfolio.   WHAT YOU'LL LEARN: Why Alfonso doesn’t watch the news, but watches the markets, including the bond market

#189: Ryan Carr - HGTV Hoarder House Flipper   On this episode, Gary and Quinton Cordick chat with real estate investor, one of the featured hosts of HGTV's 'Hoarder House Flippers', and podcast host Ryan Carr. This is the 4th appearance for Ryan on Gary's show, and again drops some incredible information about our current market conditions, as well as what it takes to be a successful flipper. If you're not aware of flipping as a strategy or never tried, here's a no-risk/all-benefit way to up your knowledge and see if flipping can help you!   Listen out for Gary’s tip from a quote, that's crucial to success and happiness!   WHAT YOU'LL LEARN: How Ryan and his wife Kiki got started on HGTV's 'Hoarder House Flippers' How can you see what's happening when you're considering a house to flip How you should have a vision for what can be done, past the clutter and minor details A discussion of he current market What Ryan's doing to prepare for the market shift How he's buying properties What he's doing with his cur

#187: Daniel Foch & Nick Hill - A Bird’s Eye View Of The Economy On this episode, Gary chats with real estate agent Daniel Foch and mortgage agent Nick Hill, hosts of the Canadian Real Estate Investor podcast. They data driven podcast analyses the market and explains what’s happening in layman’s terms. They chat with Gary about whether we are in a better market today than earlier this year, the various markets and where you should invest, and HOW to buy in each of the markets. If you’re unsure if now is a good time to invest and WHERE to invest, this is the podcast for you. And Gary has a tip for preparing for a rainy day!   WHAT YOU'LL LEARN: How their podcast helps investors clarifying their investments strategies Are we in a better market now than earlier this year, or during covid Ontario, outskirts or other provinces How to buy in each of these markets Where are the current opportunities, what markets and where should you invest A discussion about fixed and variable rates The looming food and energy

#187: Gail Sauer - Waking Up To Your Life On week 4 of Women In Business, Gary chats with naturopathic doctor Gail Sauer. Gary's mantra of 'Health, Wealth and Everything in Between' is on full display in this episode. You CAN'T build a strong business without having a strong foundation of good health. Gail teaches everyone how to reduce stress and enhance focus with her CBT (cognitive behavioural therapy) course, allowing you more clarity, better quality of life, and building your mindset for success! Her focus is truly how to help you find YOU! Gary opens up and shares some dark moments in his life that he's never talked about that lead to breakthroughs. Tune in to find out how Dr. Sauer can help you discover what's truly important and give you the mindest tools to get you there!  WHAT YOU'LL LEARN: Her profession as a naturopathic doctor and why she chose it What her focus is as an ND What is meditation and does it help with anxiety and depression What is the Ego and is it separate from us Who we are beyon

#186: Adriana Ostapenko - Building Businesses & Designing Dreams On week 3 of Women In Business, Gary chats with multi-family investor Adriana Ostapenko, an exceptionally successful investor. She shares her most costly mistakes, how she learned she doesn’t enjoy everything about real estate so delegates, and what she’s EXCITED for the current market - REALLY?? Yes… Tune in to find out WHY! Gary’s quote for this week: “At this very moment you don’t need anything else to make you happy, it’s simply a choice.” If you are unhappy with life or your progress, let Adriana put you on the path to success!   WHAT YOU'LL LEARN: Why multi-family investing became the cornerstone of her portfolio How did she scale her business for massive success Why she delegates things she doesn’t like doing, and why that works Some mistakes with JV partners on early deals in her career Why she’s excited about the CURRENT market! How she adopted the mindset to create her ideal life and design her dreams What scares her Why having cl

#185: Aleksandra Sydorow & Aisha Govani - Awakening The Inner Power of Women On this episode Gary chats with good friends, investors and business builders Aleksandra Sydorow & Aisha Govani. This powerhouse duo own several businesses each and together, and they are busy investors. They put a priority on work/life balance, and real estate investing offers just that! They play to their strengths and delegate the rest. If you're looking for inspiration on the next challenge for your career, THIS is a must listen! As Gary says, "inspiration doesn't wear you out, physical activity can. So if you're not inspired day to day by what you're doing, change it, now!"   WHAT YOU'LL LEARN: How they got their start in real estate investing Why they love their 'inspired' beach resort and is it for you Why they are podcasting with 'Insights To Investing' Their multi family investor show and how it can help you Why they own their own social media business Why they have a property management business as well What is the

#184: Sarah Eder - Building A Business During Challenging Times On this episode Gary chats with full time investor Sarah Eder of Sarah Eder Investments. October is dedicated to women in business, so all podcasts in November will be about women in business! A former professional athlete, she ‘retired’ from athletics and decided to move into real estate after seeing many other investors owning multiple properties and knew she could too! She made many mistakes and is here to share them with everyone, and also how to NOT repeat them! Plus, THREE amazing tips from Gary on getting your financial house in order.   WHAT YOU'LL LEARN: How she first started with real estate investing How she worked for a property management company and loved showing rentals The good, bad and UGLY of joint ventures (JVs) and what to be aware of How she built her business and the mistakes she made Why she hired a business consultant to evaluate and pick her business apart Her favourite book that helped grow her business Her recent cotta

#183: Daniel Patton & Lorenz Podda - How To Survive This Real Estate Market On this episode Gary chats with Daniel Patton & Lorenzo Podda from BM Select. No backstory, this podcast is to help you survive this market that changes almost daily. If you are an investor, POTENTIAL investor or are concerned/ worried about your portfolio, or if THIS is still a good time to buy, you can't miss this one!   WHAT YOU'LL LEARN: What is the Prime rate What is the Bank Of Canada rate What is the overnight rate What is a trigger rate The difference between fixed and variable rates What is an adjustable rate mortgage What's happening and what you should pay attention to in the bond market, and how it impacts rates How much higher they think the rates will go Is now the right time to turn your HELOC into a mortgage What they see other investors doing now to structure, de-leveraging or selling Are Vendor Take Backs (VTBs) a good option right now The mindset you need to put yourself at ease right now in this market Wha

#182: Tyson George - How I Purchased My First Property at 15 Years Old On this episode Gary chats with 19 year old full-time real estate entrepreneur and realtor Tyson George. Tyson got his first investment property in London Ontario at 15…FIFTEEN! How does that happen? He couldn’t show income, he couldn’t get a mortgage, he couldn’t even sign the contract, so how did he do it? And how did he scale to multi-unit short term rental buildings in Curaçao in the last FOUR years? If you are an investor or POTENTIAL investor of ANY age, DO NOT MISS this podcast! WHAT YOU'LL LEARN: How DOES a 15 year old buy a property? How he shared his story onstage and on TV at the age of 16 How he was able to save up his down payment He was doing JV's before he knew they were called JV's Why he bought within a corporation Some very creative financing strategies How and why he bought a house within 2 hours from a seller then rented it back to them What is his 3 month BRRRR strategy How to use private funds The importance of being

#181: Brady McDonald - 75 Hard, How To Scale Your Lifestyle & Portfolio On this episode Gary chats with past guest, and real estate entrepreneur Brady McDonald. No back story here, listen to his prior appearance for his start, as THIS podcast is about how his portfolio has EXPLODED in the last few years. Flips, self-storage and more, in OTHER states while he’s living in Florida. If you’re curious to learn how this investor scaled his portfolio with multiple strategies in a short period of time, THIS podcast is for you!   WHAT YOU'LL LEARN: Why systems (and what they are) are the KEY to his scaling his portfolio Why you should take action, make mistakes and learn from them Why taking action is WAY more important than being perfect How that plays into creating systems to duplicate your success How he and his team work across borders How he creates effective teams The power of mindset The power of your network and inner circle and how they help your portfolio grow Mentorship and how he used it How he’s buyi

#180: Jack Drinkwalter - 23 Years Old & 23 Doors On this episode Gary chats with relatively new investor Jack Drinkwalter. Jack has been investing only 4 years in North Bay, but has achieved massive success by showing no fear and knowing his numbers. He didn’t want to work a 9-5 anymore, so bought his first JV at 19 and hasn’t looked back, by refi-ing and buying multi-unit. No matter your age, if YOU are wanting more time and money freedom than a 9-5 job offer you, THIS podcast is for you!   WHAT YOU'LL LEARN: How his first property ignited his property acquisitions Who was his first JV partner Does his still believe in JVs Why he only owns ONE single family home - his own Why multi family Why he believes investors, and ordinary people should show no fear and pursue their dreams Is he stopping at 23 doors How he moved from a car salesman in the pandemic to a full time investor Why he now owns a property management company serving other investors Tenants And MORE!   Bio Hi, I’m Jack Drinkwalter, I’m a yo

#179: Randy Cleveland - Escaping The Rat Race On this episode Gary and guest cohost Christopher Hummell chat with serial entrepreneur, 10 year Smart Home Choice member and great friend Randy Cleveland. He’s done the corporate 9-5, but started investing in real estate before leaving his full time job to venture out into franchising. He’s almost done it all, so if YOU are stuck in a 9-5 job and are looking at achieving a higher potential, THIS podcast is for you!   WHAT YOU'LL LEARN: Why he hasn’t received a paycheque from anyone else in over 20 YEARS! How he started down the entrepreneurial path The first franchise he bought into How to structure your JV deals Get past the fear of JVs How to overcome roadblocks How to cut through the noise of the market and economic news How he and his family took a year off to tour the world What’s his why And MORE!   Bio Randy is an Entrepreneur, Small Business Owner, and Real Estate Investor.  Escaping the rat race is Randy’s biggest accomplishment and although he still w

#178: Antoinette & Dwayne Lawrence - What's Required When Scaling Your Real Estate Portfolio? On this episode Gary chats with Antoinette & Dwayne Lawrence, Smart Home Choice members for the last 4 years. On this podcast they share their real story of how they joined a Fast Start Class for Beginning Investors and purchased 1 property right away! They didn't do anything for a couple of years and then purchased a few more!  Do YOU have 1 or 2 properties and are not sure HOW to continue to grow and scale your real estate business? Don't miss this chat where Dwayne and Antoinette share their experiences on how to scale!   WHAT YOU'LL LEARN: How the Fast Start class got them investing quickly Why they didn't invest again for a few years How they got 3 properties in 1 year! Importance of having a team around you Don't need to know everything, but you need to know where to go to get answers First JV - what to do and what not to do The importance of mindset What books they're reading Lessons they've learned f

#177: Josh Findlay & Ehren Laycock - Mortgages & The Current State Of The Economy On this episode Gary chats with Josh & Ehren from the Findlay Mortgage Team, recurring guests on the Real Estate Channel on YouTube. They discuss the current market, what their clients are doing with debt, the importance of running and knowing your numbers, what caused this inflation and SO much more!  Are YOU concerned about the current economy and where it’s heading? Don’t miss this chat where the team shares information and strategies to help you ride out this dip!   WHAT YOU'LL LEARN: Everything about mortgages Where the market is today and where they think it might go The importance of running and knowing your numbers What are trigger rates? What the Findlay team is seeing with their clients and restructuring debts What are their clients asking of them now What are promissory notes, and why you need to be careful with them Rate increases from the Bank Of Canada What caused this current inflation Are we in a rec