Real Talk With Gary - Real Estate Investing

#139: Samuel Spencer - Reviewing The Perfect BRRRR On this week’s show Gary chats with investor, investment coach and former mentee Samuel Spencer. Only 1 year ago, Samuel spent some time with Gary in his office, learning the fundamentals of investing. A year later, Samuel has transitioned from condo pre-construction investing and the many mistakes he made, to the  BRRRR strategy. Gary and Samuel take a DEEP dive into the numbers to understand this purchase that became the perfect BRRRR, from beginning to refinancing. This podcast will help both new investors and seasoned ones who haven’t considered the BRRRR strategy. WHAT YOU’LL LEARN: Why and how Samuel learned from his mistakes in condo investing Why patience is needed when doing pre-construction investing Why it’s not for everyone How and what he renovated his recent purchase How long the actual renovation took How he worked with the city and got his permits How he managed the renovation during COVID, with work crews Why he’s not afraid to do some renov

#138: Alfonso Cuadra - Street Fighting His Way to The Top On this week’s show Gary chats with investor and President of hustle at the Cuadra group of companies, Alfonso Cuadra. Alfonso had a difficult upbringing in a 3rd world country, and how Canada is vastly different. They chatted real estate, but mainly how Alfonso has built his companies in Canada, how business has moved to online, and how mindset plays a huge role in his life. WHAT YOU’LL LEARN: Why his past didn’t define his future His childhood in El Salvador and his transition to Canada His opinion of the various safety nets Canada offers its citizens Building his business through hard work and hustle His children are his life, and how his business served his lifestyle Fulfilment in life Mindset and his daily routine Why the move to online business was inevitable Perseverance and how its served him How he hustled when a lot of people sat idle during the early days of the pandemic His fears about rents due to his company on April 1, 2020 And MORE! A

#137: Jim Kukral - Life Apocalypse: Legacy, Death, Lifestyle & Life Purpose On this week’s show Gary chats with Jim Kukral, a successful entrepreneur, multi-book author, in demand keynote speaker, cancer survivor which caused him to retire from a 25 year career in marketing. This cancer scare caused him to ask himself what he REALLY wanted to do, question his legacy, life purpose, and what kind of lifestyle he wanted. He asks, if you’re not living your purpose and doing what you want now, then WHEN? Not to be missed! WHAT YOU’LL LEARN: Why financial security is not always the best legacy What IS the best kind of legacy to leave How his cancer shifted his mindset on values and HIS legacy The ONE thing most people want MORE of on their deathbed Why yesterday was the best time to do something, but today is the 2ND best time How the pandemic created the biggest mindset shift in history Why the pandemic caused many to reevaluate their lifestyle Why no one, especially Gen Z DON’T want ‘jobs’ anymore Why YOU sh

#136: Thia Velinor - From The Projects To A 6 Figure Income using RE Investing On this week’s show Gary chats with Thia Velinor, a major player in the wholesaling market and owner of Velinor Properties Inc. A single mom, she’s faced some tremendous obstacles in her life, but always knew she wanted and could have more. She made more money in one month than her yearly salary, so made a decision to leave her full time job. Then she had trouble getting credit without a full time gig, but she found other ways to use other’s credit and money to build her portfolio. MUST LISTEN! WHAT YOU’LL LEARN: What is wholesaling and why it’s not easy How can it help people with no downpayment or credit to get into the game The importance of mindset Why ‘white boarding’ is so useful and powerful How Thia finds her deals How she replaced her yearly income in 1 month How she left her job after only a short while of doing wholesaling How she uses OPM (other people’s money) How she uses OPC (other people’s credit) And MORE! Thia’s

#135: Jennifer Hunt - Understanding The Macro & Micro Trends of RE Investing On this week’s show Gary chats with friend and investor Jennifer Hunt from Real Estate Wealth Lab. They discussed GDP, inflation, housing shortages, immigration policies, and getting down with the data to understand how real estate has trends, and how YOU can harness those trends to buy real estate, and then buy MORE! Her portfolio is worth $25 MILLION, so she knows what she's doing, so don't miss this one! WHAT YOU’LL LEARN: What is the GDP and how does it impact you The role of inflation, both on real estate prices and your portfolio The housing shortage The role of immigration and the need for more housing Why 2023-2024 will be VERY interesting Why Jennifer is a data geek and how it helps her help her clients Why the housing market from 60 years ago can predict the future What are real estate cycles Interest rate changes How can governments influence the markets And MORE! Jennifer’s Bio Ms. Hunt is a veteran of the real esta

#134: Natasha Cultraro - Living Life On Your Terms In Costa Rica On this week’s show Gary chats with good friend and entrepreneur Natasha Cultraro about leaving Canada and establishing new roots in Costa Rica. Natasha is the owner of Investor’s Choice Property Management service in Ontario, as well as an established real estate investor. They dove into living in various parts of the country, the cost of living, buying property there, the unique financing challenges as well as continuing to run an Ontario-based business from Costa Rica. WHAT YOU’LL LEARN: The challenges and opportunities of buying property in Costa Rica Why they are building their dream house with a BnB component The interesting financing options in CR VTB (Vendor Take Backs) How a slow government poses challenges for living The cost of living in CR How to be adaptable to a new country How to run an Ontario-based business from CR The political environment Lifestyle in CR And MORE! Natasha’s Bio Natasha Cultraro is a creative real estate inve

#133: Josh Stevenson - The Millionaire Schoolteacher, From The Classroom To RE Wealth On this week’s show Gary chats with former ESL and regular teacher Josh Stevenson from InvestNorth.ca. While he began as a teacher, both overseas and in Canada, his grandparents, not his parents were entrepreneurs, owning hotels and various properties. His parents were also teachers and loved the steady income, but Josh wanted more, so after going bankrupt, decided he needed to reinvent himself, and did he ever! He now owns over 80 doors worth $18 Million+ and is not stopping! Take notes, you’ll learn quite a few things in this action-packed podcast! WHAT YOU’LL LEARN: Why you should NOT be afraid of owning property at a distance How you can hack property management How he scaled his business with a partner How the cash flow from his properties allowed him quit teaching and ‘retire’, and allow he and his partner to live comfortably How he cashed in his pension to buy property (WHAAAAAT?!) Why he loves multi family units Why

#132: Trevor McGregor - The 5 Reasons People Fail to Scale in Real Estate On this week’s show Gary chats with seasoned investor and real estate coach Trevor McGregor in a JAM PACKED episode! Trevor was a master coach with Tony Robbins’ company, is a passive and active investor in real estate in single family homes up to multi unit apartment buildings; he also owns self storage units and a hemp farm! This is a podcast where you will NEED to take notes for all the fantastic ideas, or listen to it multiple times, it’s a home run out of the park! WHAT YOU’LL LEARN: The five reasons people fail to scale their real estate business The importance of having a coach The four S's of real estate The five freedoms of a real estate business How the five freedoms have changed his life Why failure teaches more than success Why you should not be afraid of failure! And MORE! Trevor’s Bio – 2021 Trevor is a High Performance - Master Coach with over 25,000 hours of coaching experience under his belt. He has worked with client

#131: Adelaide & Renate Carriere - Never Too Young, Never Too Late On this week’s show Gary chats with Adelaide Carriere and her grandmother Renate, who bought their first investment property together. This episode is for new investors, or those considering getting into it. If you’re 18 or 60, this show talks about the basics and fundamentals of investing, searching for a property, screening, property management and more! Adelaide started as the admin at Smart Home Choice, and became interested in becoming a real estate investor by asking a lot of questions, and deciding to invest at age 18! WHAT YOU’LL LEARN: How did Adelaide start out and become interested in real estate The books she read at age 12, and books her grandmother read as well Why they chose to invest together How they researched for a property Where they chose to invest The issues with the property and maintenance How they divide duties for joint ownership The tenant screening process Some of their favourite quotes And MORE! Adelaide’s Bi

#130: Austin Yeh - How To Retire From Your 9-5 in Under 3 Years On this week’s show Gary chats Austin Yeh, a young investor who has made great progress in under 3 years as an investor! He went from 1 property to 17 to 40 units in a short time, and has tried wholesaling, BRRRR, flips and many other strategies in his short career. He left is 9-5 and is now a ‘retired’ investor at age 26, instead of his 50’s as he originally planned! LOTS of fantastic advice and lessons learned in this do-not-miss episode! WHAT YOU’LL LEARN: How did Austin start out? How much money had he saved to start investing What important lessons did he learn along the way Where and why he chose to buy his first property A laundry list of mistakes he made - “I made every mistake in the book!” Why YOU shouldn’t panic if you make a mistake He acts instead of suffering ‘analysis paralysis’ His philosophy on “Cash for Keys” How his RISE network helps its 6000 members He now has a wholesaling business His original plan for retiring And MORE!

#129: Brian Daley - Protecting Your Real Estate Investment For The Long Term On this week’s show Gary chats with good friend and trusted home inspector for SmartHomeChoice, Brian Daley. Gary has personally been using Brian’s/AGHI services for over 10 years. AGHI helps investors make sure they are buying the best property for them, but also protecting their assets for the long term. Brian has personally built several homes and renovated others, so he has a detailed knowledge of the inner workings of properties. During this informative and fun conversation, Brian shares some information that even Gary was unaware of about home inspections! WHAT YOU’LL LEARN:   Why the outside of a property is critical for investors A review of vents, soffits, cracks, etc and their importance What types of insulation might be in a home, and are any of them harmful A discussion of mold and should you be afraid Plumbing fixtures and piping and which ones are BANNED What red flags you should be worried about The home structure and

#128: Tax Strategies, Market Trends & The Life Of An Entrepreneur w/Daniel Dimanno On this week’s show Gary chats with good friend and trusted accountant for SmartHomeChoice Daniel Dimanno. Daniel has experience in both the public and private accounting sectors, and has been assisting clients for many years. He counsels clients on business structure, tax strategies and good business practices that WON’T get you into trouble with tax authorities. WHAT YOU’LL LEARN: Whether you need to or should incorporate as a real estate investor If you incorporate, is the corporation’s money YOUR money? How to borrow money from your corporation? How to and why you would sell your personal properties to your corporation What about dividends and profits? Why an accountant and bookkeeper are essential How to put family members on payroll Should you pay off your investment properties The difference between renovations and repairs What you CAN and CANNOT write-off Inflation right now CRA tax situations Setting up your own b

#127: (From The Archives) The Different Stages of Real Estate Investing w/Mathew Frederick On this week’s show Gary chats with friend and longtime investor Mathew Frederick. Mathew has thrived in real estate in many ways, including new builds. He got his first property at age 19 (NINETEEN!) and continues to look out for deals. He’s a JV master, and in this podcast he shares many of his unique strategies for creating deals! WHAT YOU’LL LEARN: How Mathew bought his first investment property at the age of 19! Why he believes commercial investors should residential, and residential should understand commercial The different stages of investing and how you transition between them How to create deals by understanding someone else’s pain point The ‘art’ of the joint venture conversation What he’s learned from single family, multi family and self storage investing He’s bought land and become a developer Mathew has also invested in many parts of the world including Belize This podcast is for NEW and experienced inves

#126: Build Back Better - Real Estate Investing Forecast 2021 On this week’s show Gary chats with friend and longtime investor Frank Taylor. Frank purchases his first property during the  1987-1988 boom (just like 20/21), then the market crashed in 1990, leading to a recession. He’s being going strong since then, with no signs of slowing down! He believes in buy and hold, and putting equity into his properties so that they are part of his retirement, and will be lasting assets for his children. Check below for all the great details of what you can learn! WHAT YOU’LL LEARN: How buying in a boom, like now, can still get you valuable assets How he navigated the recession of 1990, during the first Gulf War Why his first mortgage interest rates were 10 or 12% Why the banks got more cautious during the recession and locked LOCs! Why Frank believes that putting money into his assets is the way to go Why Frank develops great relationships with owners on all sides of his investment properties “Treat your tenants like

#125: How It All Started - Christopher Hummel Interviews Gary On this week’s show the tables are turned - Gary is interviewed by Chris Hummell! They dig deep into the past, how SHC started, and where it’s headed in the future! They talked about how Gary and Darlene started the business many years ago, and how Chris and Quinton joined the growing business. WHAT YOU’LL LEARN: * How SHC become one of the leading investor clubs * Why Gary left a safe and secure 9-5 for the wilds of entrepreneurship * The types of investing Gary tried * Why he initially screened ALL his tenants * Where SHC sees itself in the future * Inflation and the future * Market predictions * What gets Gary out of bed * Gary’s Morning routine * What drives Gary and motivates him * And MORE! Chris & Gary’s Bio Chris’s Bio Chris has been investing in rental properties for near a decade.  He is a full time investor and a full time real estate agent.  Over this period Chris has contributed to various projects and has worked with some of the

#124: The Last 8%: Why Avoiding The Difficult Is Keeping You Stuck w/Dr. JP Pawliw-Fry On this week’s show Gary chats with New York Times bestselling author Dr. JP Pawliw-Fry. He’s consulted with large corporations such as IBM, Sony, Goldman Sachs, has coached Olympic, NBA and  NFL athletes! JP also hosts his own podcast called The Last 8%, and Gary highly recommends it. He explains his BIG strategy, his book club and the value of mindfulness! WHAT YOU’LL LEARN: The power of meditation and how to properly do it How self awareness translates into success Are your thoughts REALLY yours? How JP has helped world class athletes banish self- doubting voices in your head The role of isolation in the past year and how to cope with the fallout How to live a more courageous life How emotions keep us up at night The more we practice mindfulness the more we see there’s us and our thoughts The more space between you and your thoughts leads you to “I don’t need to believe every thought!” His morning routine to avoid burno

#123: Pitfalls & Mistakes Lawyers Can Save You From w/Brian McMurter On this week’s show Gary chats with good friend and Gary’s personal real estate lawyer for many years, Brian McMurter. He’s been in the business for 40 years, and June 2021 was his busiest month, EVER! He says everyone he’s ever known AND their children seem to be buying or selling right now! He’s built a solid team of professionals to help assist home buyers and sellers protect their interests and assets, for likely one of the biggest financial transactions of their lives. They had a wide-ranging discussion about current situations, and plain advice that never grows old. WHAT YOU’LL LEARN: Do you even NEED a lawyer to close a property in Ontario Should you close a property in your own name, a corporation or a 3-tiered corp? Who does the lawyer represent - you, the bank or both? What types of delays happen upon closing, and how they affect many other properties down the line Types of clauses and buyer protection YOU should be adding int

#122 (Archives): Self Made Confessions w/Stefan Aarnio In this archive episode, Gary spoke in 2017 with the late Stefan Aarnio, who was a real estate investor with many years of experience.  Stefan had flipped thousands of properties, but also had experience with currency investing, is a historical and current currency expert, and award winning entrepreneur & a published author. Stefan always spoke with no filter, and whatever he was thinking usually came out. Stefan’s main motto was ‘Respect The Grind’. What you'll learn How Gary worked through a traumatic life event Bubble in 2017 Market in 2018 Best strategy for beginning investors Bitcoin Avoid analysis paralysis Why Stefan mentors people to choose a flip for their first few investments rather than buy & hold 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 him

#121: Mortgages, The Middle Class and the Life of an Entrepreneur w/Daniel Patton On this week’s show Gary chats with good friend Daniel Patton, cofounder of BM Select mortgage broker. He and his lifelong friend Dave Butler started in the mortgage business before Daniel knew what a mortgage was! Their award winning business has helped thousands of people buy investment properties, while growing the business at a record breaking pace. What has Daniel learned over the years that benefits his clients? WHAT YOU’LL LEARN: How Daniel and Dave Butler started in the mortgage business, which is BM select Why he got into mortgages, even though he didn’t know what a mortgage was Some of the mistakes they made along the way The hardest part of the RE transaction Interest rates and where they are going Inflation Market predictions Joint ventures and what the banks don’t like to see What the middle class don’t see coming Private lending The pivotal point that brought Daniel to where he is today The role of leadership, and

#120:  Health & Wellness Under Any Circumstances w/ Dr. Du La, ND On this week’s show Gary chats with Dr. Du La, a Toronto-based Naturopathic Doctor registered in Traditional Chinese medicine, where naturopathic care treats the entire person, not just the symptom they are complaining about. Dr. La’s parents instilled in her a hard work ethic, and since she grew up in a family with not much money, her parents got creative in putting healthy food on their table. WHAT YOU’LL LEARN: Why it doesn’t take a lot of money to eat well Why Naturopathic doctors believe the body has an innate ability to heal itself When it can’t, they use natural therapies to supplement the immune system Why NDs don’t apply ‘band aid’ solutions, but targeted therapies to get to the root cause Then root cause of many health issues today How meditation can help get rid of ‘monkey brain’ How mindfulness can help keep distracting thoughts away The role of mindset and why it’s 90% important What are Dr. La’s ‘non-negotiables’ How self tal