Real Talk With Gary - Real Estate Investing

#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

BONUS: Gary Hibbert on the Wine & Real Estate podcasts - Creating Mini Retirements & Designing a Lifestyle of Your Choice   On this episode Gary is interviewed by the hosts on the podcast Wine & Real Estate, on how to create yearly mini retirements and designing a lifestyle of your choice. Gary and his wife Darlene started down the path years ago of transitioning from a 9-5 to a life where THEY had more control of work/life balance, which lead to being semi-retired for 2 months in the winter, and two months every summer! Are YOU interested in being semi retired twice a year and designing a life like this, where YOU are in control of your work/life balance? Don’t miss this chat where Gary shares information and tips to enable you to have this life as well…   WHAT YOU'LL LEARN: How and WHY you’d like to design and live a life by design How this lifestyle can lead to early retirement The tools that Gary uses to work, grow and change his mindset The power of goal setting The value and importance of c

#176: Dan Schofield - Understanding The Landlord & Tenant Law In Ontario On this episode Gary chats with friend and senior partner in SFG Paralegal, Dan Schofield, along with guest co host Quinton Cordick. If you are a landlord or THINKING of being one, this critical episode is for YOU. You WILL need legal representation at some point in your investing journey, and SFG is here to open your eyes about potential issues with tenants and the Landlord Tenant Board!   WHAT YOU'LL LEARN: What is a paralegal Difference between a paralegal and lawyer The N4 process Who can serve it Do all tenants in the dwelling need to be on the form How do you deal with tenants complaining about tenants How much notice is required to enter What if tenants invite you in when you’re there What if tenant installs something without a permit What if a tenant moves someone else in And MORE!   Bio Dan Schofield is a Senior Partner with SFG Paralegal Services LLP.  Dan’s main areas of focus are regulatory tribunals such as RECO and FS

ARCHIVE: Mandy Branham - The Mindset To Joint Venture Success On this archive episode from 2018, Gary chats with Mandy Branham, the JV Queen about everything JV - Joint Venture! Almost every real estate investor runs out of capital at some point, and if you want to continue investing, you’ll need to find $$$ for down payments sooner rather than later. JVs come with incredible opportunities as well as some risk, so if you are considering Joint Ventures, THIS is the episode for you!    WHAT YOU'LL LEARN: What is a Joint Venture How is it structured and the most common splits used What are some of the red flags to be aware of before partnering with someone How easy is it to attract a JV partner with money when YOU don’t have money Why your first JV deal may not work out exactly as planned What’s more important - selling yourself or selling the deal itself? And MORE!   Bio Mandy Branham CEO of Solutions Driven is a hard-working entrepreneur that realized back in 2007 that she was working hard to make others ric

On this episode Gary is interviewed by Aleks Sydorow & Aisha Govani on their podcast The Everyday Investor Podcast, on how to live a life by design. Gary and his wife Darlene started down the path years ago of transitioning from a 9-5 to a life where THEY had more control of work/life balance, which lead to being semi-retired for 2 months in the winter, and two months every summer! Are YOU interested in designing a life like this, where YOU are in control of your work/life balance? Don’t miss this chat where Gary shares information and tips to enable you to have this life as well…   WHAT YOU'LL LEARN: How and WHY you’d like to design and live a life by design How this lifestyle can lead to early retirement The tools that Gary uses to work, grow and change his mindset The power of goal setting The value and importance of communication Aligning your goals with your desired lifestyle And MORE!   Bio Gary Hibbert | Investment Realtor Ninja  Sales Rep @ Our Neighbourhood Realty Say hi at gary@smarthomechoice

#175: Brad Appleby & Andrea Stillman - Everything You Need To Know About Investing In Peterborough   On this episode Gary chats with good friends Brad Appleby & Andrea Stillman, both with the planning department in the City Of Peterborough. They’ve done SHC webinars before, but today go deep with everything Peterborough! Vacancy rates, 2 suite conversions, legal non-conforming, the new official plan, it’s ALL here. If you are an investor in Peterborough or THINKING of investing there, this critical episode is for you.   WHAT YOU'LL LEARN: What are the current economic drivers in Peterborough Who are some of the big employers in the city What are the current vacancy rates A a primer on secondary suite conversion and garden suite additions Can you convert suites in homes under 5 years old What is ‘legal non-conforming’  The new city official plan Doug Ford’s housing task force How to speed up the building of new homes And MORE!   Bios Brad Appleby is the Supervisor of Development Planning for the City

#174: Neil D’Souza - How To Retire Using Private Lending On this episode Gary chats with good friend, business partner, podcast host and mortgage agent specializing in private lending for real estate acquisition, Neil D’Souza. While private lending is not for everyone, it can be an extremely useful and sometimes necessary tool to be able to complete a real estate purchase, either for you or someone else. Not sure what private lending is or how it works, for both the buyer AND seller? Take notes, as this is another not to be missed show that can help YOU retire early!  WHAT YOU'LL LEARN: What is private lending and why would someone need it How does it work Who does it benefit and why  Private lending is a type of passive income How risky is it How it can help investors with few assets and little of their own money How long is the typical term for lending What funds can you use to loan out What’s going on with the economy And MORE! Bio Neil is a Licensed Mortgage Agent who specializes in Secured Lending &

#173: Don Lewis & Rick Lewis  - Can You Still Flip Properties In This Changing Market? On this episode Gary chats with friends and sibling investors, Don & Rick Lewis. This episode is all about flipping, but can flipping still work in THIS market?  After almost a decade investing, flipping, renovations and reselling homes, the Lewis Brothers Properties company is an acquisition company that buys properties privately. The other side of their business deals with their flips, projects, rental properties, financing and investing. If you've never done a flip and are curious, THIS is the podcast for you! WHAT YOU'LL LEARN: The secrets to finding off market deals Should you be flipping in a downward market? How they analyze deals to make sure it's the right deal? What is the 70% rule? What happens if the flip goes bad? How many exit strategies should you have and which one do they prefer?  What renos add the most value? What is the typical timeline for a flip? And MORE! Bio The Lewis Brothers are real esta

#172: Andre Dawkins - Using Faith & Mentors To Build A Business On this episode Gary chats with good friend and entrepreneur Andre Dawkins. This chat isn't focused on real estate investing, it's about starting and maintaining a successful business, and how Andre worked through the challenges of starting a business. As well, Covid impacted his business, and caused him to rethink how he did business. If you are thinking about starting your own business, this is a Business 101 lesson! WHAT YOU'LL LEARN: What are the general challenges to starting your own business What it's like waking up every day unemployed Surviving and thriving running your own business during a pandemic Who were Andre's early mentors The spiritual world and how faith impacts his life and work The role of mindset And MORE! Bio Andre prides himself on being a people person who loves the social aspect of his job just as much as he enjoys listening and learning from his clients. It's his unwavering pursuit to understand the growing needs

#171: Christopher Hummell & Quinton Cordick - Eliminating The Guesswork In Tenant Rentals On this episode Gary chats with friends and fellow Smart Home Choice real estate investment realtors and investors, Christopher Hummell and Quinton Cordick. They chat unscripted about EVERYTHING you need to make the tenant advertising and screening process EASIER! After screening 100's of tenants, Gary, Chris & Quinton have made mistakes and learned from them, and share their 7 Steps to Successfully Screen a Tenant. If you do your own tenant screening or are thinking about it, this podcast must NOT be missed. WHAT YOU'LL LEARN: After screening 100's of tenants, learn the mistakes to avoid and the steps to take Best ideas and best practices shared with you - How THEY screen tenants  If you want to DIY your tenant screening process, not to be missed The 7 steps are: The keys are in your hand for your new rental property Creating your ad created and getting responses Handling the appointments or open house The da

On this episode Gary chats with AirBNB expert, investor and coach James Svetec. He began successfully managing short term rental properties for others in downtown, Toronto before getting into Air BNB. He's coached hundreds of students from around the globe on Air BNB success, and co-authored the book "Air BNB for Dummies". Why are more and more investors moving towards Air BNB? Listen to find out WHY and how it can impact YOUR portfolio! WHAT YOU'LL LEARN: How James created his 10 steps for success in Air BNB rentals 1. Setting up the initial criteria  2. Reaching out to the realtor 3. The ROI spreadsheet 4. Making an offer 5. The renovations involved 6. Creating the listing 7. The Launch 8. Managing it Plus a few more   The common mistakes that you will avoid using his system What interested James in AirBNB And MORE! Bio James Svetec is an Airbnb expert, investor and coach. James got his start in the short-term rental space by managing some of the most successful short-term rental properties in downtown Tor

#169: Todd Miller - The "Podcast Expert" Becomes The Real Estate Expert - 7 Doors In 1 Year On this episode Gary chats with podcast producer and second time real estate investor, Todd Miller. Todd and his wife bought an investment property on their own in 2017, and having no experience or team to support them, decided it wasn't for them, although they made a profit they ended up selling it. Why did they choose to invest again? They met Gary, and using his and his teams strategies purchased 7 doors in 1 year on their own as well as acquiring JV partners! Proof that it's never too late to put your equity to work for you, and changing your mindset is fuel for growth! WHAT YOU'LL LEARN: How Todd transitioned from full time employment (getting fired) to full time entrepreneur How Todd and his wife bought one property on their own with little support, and why it went sideways causing them to quit investing Why they decided to jump back into investing after meeting Gary The value of a team approach How JV partners

#168: Rod Khleif - Goal Setting & Overcoming Fear On this episode Gary chats with philanthropist and multiple business owner Rod Khleif. Rod is super passionate about business, he’s a high performance coach, and a real estate investor having owned over 2000 properties!! He’s also lost $50 Million dollars and not only recovered, but is thriving! How did Rod do it? Tune in to find out HOW! WHAT YOU'LL LEARN: * How he lost $50 Million dollars and recovered to be where he is today * What’s happening in both media and politics * Why is there so much negativity these days * How to AVOID negativity * How to STAY positive * How to succeed at public speaking * Rod’s unique goal setting process * The importance of knowing your WHY * How to ‘get out of your own way’ and why you need to * When should you retire - what age or time * And MORE! Bio Rod Khleif is a multiple business owner and philanthropist who is passionate about business, high performance, real estate and giving back. As one of the country's top real e

#167: Michael Zanzini & Lorenzo Podda - Understanding Mortgages - Practical Money Skills with BM Select On this episode Gary chats with Michael Zanzini & Lorenzo Podda, both from BM Select who have a solid history of helping clients with their financing needs. This episode will help you understand the many aspects of mortgages: what you can afford and why; how to get OUT of a mortgage; types of lenders; private lending; do you a NEED a corporation to invest, and MORE. Don't miss this one!   WHAT YOU'LL LEARN: How they first got started in the mortgage industry The process to get approved for a mortgage when you're self-employed The difference between A & B Lenders The role of private lending How to structure joint ventures What's involved when you need to break a mortgage Buying in a corporation The process of renewing your mortgage How the stress tests affects what you qualify for  Where the market is going and where they think it's headed And MORE! Bio Michael Zanzini, Mortgage Agent: Michael

#166: Hart Togman - The Perfect Screening Tool For Both Landlords & Tenants On this episode Gary chats with Hart Togman, co-founder of Rent Panda. Hart and his brother started Rent Panda as they were having a hard time finding quality rentals, and on the flipside, found landlords were having trouble finding quality tenants. Rent Panda addresses both needs, and assists both renters and landlords, making it seamless to find/fill a property. Gary and Darlene have used Rent Panda and were very appreciative of the ease of use and the actual online platform. Also to be noted-  there’s a white glove / valet service for those landlords wishing to be hands off!  WHAT YOU'LL LEARN: How and why Rent Panda was started by Hart and his brother How and why Rent Panda helps both landlords and tenants  Why the process of renting a property is so stressful How Rent Panda allows landlords to post unlimited rentals for FREE They have access to tenant profiles, credit checks and background checks They can build and store lea

#165: Jacob Asparian - Bitcoin | Gold 2.0 On this episode Gary and Christopher Hummell chat with previous guest and Bitcoin investor Jacob Asparian. Jacob actually has his own exchange, and has deep knowledge about Bitcoin and blockchain tech that may be foreign to others. As we are moving into a digital world, this podcast is for anyone that needs a deeper understanding of digital currencies. What's hard to believe, as though this may seem like a newer topic, these currencies have been around for 10 years. WHAT YOU'LL LEARN: The current situation (as of recording) of Bitcoin Will Bitcoin and other currencies be regulated Will it replace the SWIFT payment systems What exactly is blockchain The difference between Crypto and Bitco What happens to 'lost' bitcoins or wallets with forgotten passwords Why you should understand digital currencies and even have 1% of your portfolio in them And MORE!   Bio Jacob is a real estate broker, investor and business owner. President of Bitcoin Capital Ventures, a Bitcoin co

#164: Chris Seepe - The Canadian Housing Crisis - What's Next On this episode Gary chats with good friend Chris Seepe. Chris is an author of 2 books on 'landlording', writer of many mainstream media articles on affordable housing, President of the Landlords Association of Durham Region, and a commercial real estate investor with a wealth of experience. Chris shares his experiences being a landlord, the rental market and being a real estate investor in general - the good, the bad and the ugly.  WHAT YOU'LL LEARN: Chris' thoughts and opinions on the current 'unaffordable' housing crisis How do you fix the unaffordable housing situation How can we fix the supply issue The history of rental supply, looking back at the 70's and 80's Above guideline rent increases The rental housing licensing program currently trying to be passed in Oshawa, and why Chris is against it The importance of understating NOI - Net Operating Income The CAP rate and what it really means And MORE!   Bio Chris Seepe is a published writer a

#163: Sean & Annasha - From The Corporate World To Entrepreneurs (How To Maximize Your Short Term Rentals) On this episode Gary chats with good friends Sean & Annasha Martin. Gary and Sean worked together at TD, and both invested independently. After Sean had an investing 'failure' he reconnected with Gary and Smart Home Choice to attend a Fast Start Class. Sean & Annasha have only been investing since 2018 after leaving the corporate world, but have achieved massive success since. If you DON'T like your 9-5 or feel like there's something else, this is the podcast for YOU to help you transition to the life of your dreams! WHAT YOU'LL LEARN: Why Sean's initial 'failure' in real estate investing didn't kill his dreams Why Annasha's job dismissal put things into overdrive  What it was like to go from regular 9-5 paycheque to entrepreneurs and full time investors Why they are no longer worried about retirement Why they are focused on quality of life and leaving a legacy Why being a creative thinker a

#162: Darcy Marler - Land Development, It's Easer Than You Think On this episode Gary chats with good friend, investor for over 20 years with over 240 doors, land developer and previous guest, Darcy Marler. To learn Darcy's story, punch up episode #101 for the back story. This episode focuses exclusively on land development, and why it can be a powerful strategy to add to your investing toolbox. Darcy shares some simple strategies you can consider, to get you out of the 'buy and hold' or 'flip, flip, flip' mindset! Not to be missed! WHAT YOU'LL LEARN: Why land development is much easier than you think What does the down payment look like for a land development deal Micro strategies to get you started What is "up zoning" and what does it accomplish How do you know if it's a good deal if you're severing a lot Who do you contact to start the process of severing a lot The importance of having a team to support you Mistakes Darcy made and how he learned from them Mistakes he sees beginning investors make when sta

On this episode Gary chats with good friend and business partner, Broker of Record at Our Neighbourhood Realty, Luiz Lameiras. Luiz shares his incomparable wealth of knowledge from his years in the business, and offers some tips and advice that have NEVER been shared on Real Talk With Gary before! WHAT YOU'LL LEARN: Current market conditions Protecting yourself as a buyer Protecting yourself as a seller Protecting yourself as a realtor Protecting yourself as a real estate investor Multiple representation, what it is, what it looks like and potential rule changes to affect it Open bids and potential rule changes that might affect that What happens when you firm up an offer, and DON’T drop off the deposit cheque Making amendments or changes to the agreement, clauses you can add to protect yourself as a buyer Can you back out of an agreement, yes - if it’s a mutual release What it’s like to be a new agent How you find success in your first year, especially if you join the right brokerage The power of mentoring