Real Talk With Gary - Real Estate Investing

#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

#119: Are You Richer Than You Think w/ Jordan Bress On this week’s show Gary chats with Jordan Bress from Scotiabank, Senior Managers of Sales for Durham Region. Many SmartHomeChoice investors have had their properties mortgaged by Scotia, and with their rental program, they will allow up to 10 properties to be mortgaged, including your primary residence! They talked about corporations and mortgages, ‘drive til you qualify’, his view on the market, and MUCH more! WHAT YOU’LL LEARN: Why you may have to ‘drive til you qualify’ Corporations and mortgages Jordan and Scotiabank’s roadmap view of the market in the next 6, 12 and 18 months What Jordan thinks about mortgage rates The stress test and the impact Interest rates How appraisals are working in COVID The programs Scotia offers for first time buyers and why they are unique Jordan’s morning routine And MORE! Jordan’s Bio Jordan has held several senior roles including Senior Manager Business and Personal for Royal bank managing 250 relationships during his t

#118:  Covering All Your Bases With Property Insurance w/ Todd O’Donnell On this week’s show Gary chats with Todd O’Donnell from Desjardins Insurance. Gary has most of his insurance needs covered by Todd and his team - car, home, investment properties and yet this was the first time they had met face to face! They touched on replacement cost vs. Resale prices; whether you *need* home insurance in Canada, and many more things! WHAT YOU’LL LEARN: Replacement costs vs. Resale prices, why the difference? What to do when tenants leave with your insurance to make sure you’re covered Do you need to let your insurer know if you go from single family to multi unit? What to do if you are in the middle or about to start a renovation Do your rates go up with making claims? Umbrella insurance, what it is and how you use it Flood protection and premiums Content insurance for tenants, can you demand it or force them to have it Cottage insurance and coverages Do you *need* home insurance in Canada, and the answer may surpri

#117:  Free & Clear: How To Make $100K yearly w/ Russell Westcott On this week’s show Gary chats with real estate investor Russell Westcott, an early mentor of Gary’s, partially due to his energy, excitement and confidence when speaking in front of large crowds at RE events! They touched on Russell’s story that he’s never told; the importance of looking after yourself; Russell’s battle with depression; market cycles and MORE, in this not-to-be-missed fun and informative UNSCRIPTED chat! WHAT YOU’LL LEARN: Russell’s story that he’s NEVER shared before Russell’s battle with depression and how he got himself out The importance of looking after yourself Market cycles and what YOU need to be careful of “Free & Clear” - make $90,000 - $100,000 a year How to find a good mentor “Sometimes you have to chisel your gifts out of you” How watching Robert Kyosaki on Oprah at age 30 started him down the path when he was lost The TWO pivotal moments in high school that changed his outlook “If you’ve had a blessed li

#116:  Take Bold Steps, Follow Big Money w/ Todor Yordanov On this week’s show Gary chats with Todor Yordanov, someone Gary looked up to when he first got into investing, and met at the Real Estate Investor Forum. Todor already had his own investor club, but took great interest in what Gary and Darlene were doing. They’ve had many conversations over the years, and his insights into many things make for an educational listen. WHAT YOU’LL LEARN: Why you can “NEVER outsave the real estate market!” What are Todor’s insights into inflation His thoughts on the printing of money Where Todor thinks the market is going What’s happening in the condo market, both for rentals and sales, especially in downtown Toronto They touch on conspiracy theories and the great reset The role of AI (artificial intelligence) and what role it will play in RE investing Bitcoin Canada as a whole, and how we compare to the world according to Todor People who are always successful adapt the fastest, because change is inevitable Real Estate

#115:  How The Middle Class Could Lose Everything w/ Marcin Drozdz On this week’s show Gary chats with Marcin Drozdz, an investor Gary first met while still working at TD. Marcin was talking about raising millions of dollars even back then, which piqued Gary’s curiosity. In this podcast, they chatted about raising money as Marcin is an expert at that; the market and where big money is moving; the ‘easy’ method, is inflation here or is it coming soon and more! WHAT YOU’LL LEARN: What is stagflation, and can it happen in Canada? What is the ‘easy’ method that Marcin uses? His methods for raising MILLIONS of dollars for investment Where is the ‘big money’ moving to What you should be doing RIGHT NOW as an investor What is the tax on the middle class that they cannot see Why governments don’t want inflation The advantage government has for paying off debt Why hard assets can help you survive crashes Why hard assets are better than cash - FIAT currencies And MORE! Marcin’s Bio Marcin is an active real estate inv

#114:  Garden Suites: The Future of RE Investing w/ Ronald De Coteau On this week’s show Gary chats with Ronald De Coteau, founder and President of Property Pathways Inc. They dug deep into Garden Suites, a new-ish way of having tenants or family live close, but independently. It is the future real estate. With the pandemic, many people are looking at maximizing their real estate investments, and getting the best use. WHAT YOU’LL LEARN: What is a garden suite (SDU - Secondary Dwelling Unit) and is it permanent? The legal ramifications of a garden suite Do different municipalities have different laws and rules? The costs of creating one Do the numbers work? Bill 108 and garden suites How are separate utilities (hydro, gas, etc) handled Why the provincial government started pushing municipal governments to explore unconventional rental housing How big of a lot do you need to do this? How much of my lot can I use for this? How many units can be created Are there different configurations of garden suites? Apartm

#113:  Millionaire Mindset w/ Shawn Rea On this week’s show Gary chats with Shawn Rea, real estate investor, realtor and father of 3. Shawn shares his journey towards real estate investing; travelling to Belize during COVID, and building many new homes; how he got into house hacking, and finally how relatives and friends questioned his decision to sell his primary residence to finance a duplex! WHAT YOU’LL LEARN: What Shawn wrote on a piece of paper a few years ago that changed his life The book that also changed his life How friends and family questioned his decision to buy a duplex and live with strangers How to find Joint Ventures What is the *right* joint venture Buying and building properties in Belize What was involved with travelling to Belize during the pandemic What are the ‘golden handcuffs’ and how it relates to freedom He was working overtime and working more, but taking home less What it was like to buy and live with someone else in a Duplex Why he was broke and needed to get 2 secondary jobs Sh

#112:  Redefining Success During Covid On this week’s show Gary chats with investor, philanthropist, author and Dragon’s Den alumnus. He has built extensive holdings in the power generation, hydrocarbon production, real estate development, cannabis, agriculture, sports and entertainment industries, and he shares his insights on how covid has impacted life for investors. They also touch on Brett’s health issues, especially his cancer battle numerous times, and what he learned from it. He shares his number 1 golden rule in life, and how we get back to some sort of normalcy. WHAT YOU’LL LEARN: The SIX priorities are important to him in life Why marketing is completely overlooked as a skill or discipline His views on masks, lockdowns and vaccinations What is ’essential’? Why all his businesses are COVID compliance What he learned from his 3 dances with cancer What is work/life balance for Brett - the more he worked, the more he made, the more he worked His family relationships suffered Why his book should have b

#111:  Drugs, Crime & Real Estate Investing On this week’s show Gary chats Edward Fajardo, an investor on the path to greatness, it was an inspiring and sometimes dark conversation. Growing up in Parkdale, Edward was exposed to crime, drugs and a seemingly hopeless future, but got himself out, after using and selling drugs, robbing others, etc. He eventually turned to RE investing, but made a ton of rookie mistakes. This is a story that shows you can start no matter where you came from, or where you are in your life, it’s a matter of CHOICE. Edward still has his 9-5 job, and wanted to share his story about his beginnings in real estate. WHAT YOU’LL LEARN: How your CHOICES can radically change your life, no matter how old you are His early lifestyle was not about ego, but simply survival Some have said 90% mindset and 10% skills Cory McKinnon said 70% mindset, 20% environment, 10% skill set How Edward’s two lives were colliding - personal and work He describes himself as a ‘functioning’ addict How he real

#110:  Straight From The Streets On this week’s show Gary chats with his partners Quinton Cordick and Christopher Hummell about their journeys as real estate agents and investors. They’ve had a lot of fun building up SmartHomeChoice to be able to serve thousands of investors build their portfolios, while making the process as stress-free as possible. They talked about the market and what’s happening on the streets, as the headlines in the media don’t always tell the complete story. Who’s driving the market - experienced investors, new investors? They also discussed where to invest - Peterborough, outside of Peterborough… WHAT YOU’LL LEARN: Why comparable listings from months back are basically useless these days because the market is moving so quickly Why some houses are receiving multiple offers and some aren’t Is every house these days appraising at its value Why you shouldn’t worry these days if houses are on the market for 2 weeks Will the 10% month over month growth continue Why it’s harder to predict w

#109:  The Intimacy of Real Estate Investing On this week’s show Gary chats with Krista Hope from JK Coaching. Krista and her husband Jared have gone on to purchase over 100 properties. She’s learned the importance of intention, self love and openness to embrace investing and the lifestyle that comes with it. Krista and Jared coach people to take control of their lives; how to not get caught up in the hamster wheel; and why you don’t need to be passionate about RE investing to have success! WHAT YOU’LL LEARN: What are the benefits of investing coaching and mentoring and why it never ends How men and women view RE investing differently Why trust and intimacy are important parts of both relationships and investment partnerships How to handle pain Why Krista lead the way into investing, but Jared has 10x it How Krista always had entrepreneurial Why her parents taught her to take control When you have a boss you’re not in control Working for yourself allows more creativity How they avoided bankruptcy Why they ma

#108:  Health & Nutrition - What’s the BIG Deal?! On this week’s show Gary chats with Certified Health & Nutrition coach Maxine Choy! This show is about wealth, health and everything in between! People are willing to spend thousands on upkeep and maintenance for their cars or homes, but for their most precious possession, their bodies, it’s either DIY or nothing at all. Some wait until they have health challenges to even consider wellness caching. Nutritional coaching can save time and money, and help you plan to feed your body with superior nutrition, giving you a higher quality of life. WHAT YOU’LL LEARN: What are the benefits of nutritional coaching? What’s a juice cleanse and what can it do for your body Detoxing The role of essential oils Fasting and intermittent fasting, and do they help The difference between being a vegetarian and a vegan Why diets DON’T work The 10-10-10 routine Why Maxine focussed on longevity at a young age Why prevention is better then intervention Why she’s fearless and

#107:  H.U.G. Hand Me Up Generational Wealth On this week’s show Gary chats with friend and personal mentor Mathew Frederick.  Mathew has over 30 years experience in real estate investing, residential, multi-family, new family and now mentorship for new investors. He’s built 250 homes, 3 x 50 unit condo buildings, restaurants, wellness clinics, building a triplex in Belize, and more! He created a brand strategy called the H.U.G. strategy, that he wanted to share. They also chatted with Joint Ventures, how to find them and how to structure them, EVEN if you don’t have any money. WHAT YOU’LL LEARN: * What is the H.U.G. strategy and how it can help * Why his brother handing a leather jacket down to Mathew inspired this strategy * What he’s learned in his 30 years of investing * Why he invests in the US, Alberta and the East Coast to ride out market specific downturns * The effect of racism on his belief system and how long it took to reprogram his beliefs * Why the sandwich generation has the income and money t

Before this week’s show, Gary answers a question he’s getting a lot - is NOW the time to flip my property? Gary chats this week with Kayla Andrade from OLW, Ontario Landlord Watch. A big topic discussed was COVID and can you evict tenants during these times; can the landlord move in; the owner sells the propter and the new owner wants to move in; the different forms used for eviction; Bill 184 and what was in it; cash for keys; and the landlord credit bureau! If you’re a new or potential investor this is a MUST listen! WHAT YOU’LL LEARN: The correct procedure for evicting a tenant for owner occupation during covid times Why you must give tenants leaving one month credit How hearing dates for evictions are taking place Why Zoom landlord/tenant hearings are here to stay How OLW came to me after a municipality decided to make landlords responsible for delinquent tenant utility payments Why their biggest priority is the backlog in landlord/tenant board Why they want the Residential Tenancy Act needs to be overha

Gary chats this week with Mel and Dave Dupuis, who have become famous for buying 12 properties in 12 months, using other people’s money and creative financing! They think outside the box with marketing videos, and have embraced Tik Tok and Instagram and created some amazingly creative videos. The car crash they were involved in, in 2018 completely changed their lives. They knew about real estate investing and had a coupe of rental properties separately, but Dave was a full time firefighter and Mel was working at a college part time. Even thought they picked up odd jobs to get more money to invest, they realized they were trading time for money, and at best would be able to buy 1 property per year. WHAT YOU’LL LEARN: How Rich Dad Poor Dad changed their lives and lead to them buying 12 properties in 12 months! This purchase was for 56 apartments They have NEVER done a JV (Joint Venture) They’ve mentored hundreds of people to get into real estate investing “The Rich don’t work for money” & “Debt makes you r

Gary chats this week with Sadhana Sabharwal, THE Single Mom MILLIONAIRE! She came to Canada at age 14, faced her fears of moving to a new country; got married at 19; had 3 kids before her 26th birthday; and then found herself a single mom and being divorced at 34. How could she provide for her kids and herself on ONE income? She eventually found real estate investing when she worked in a law office, and a client’s mortgage payment was LESS than her car payment! Sadhana challenged the myth that single people, or large families cannot find the money to invest in real estate! If you get creative with VTBs, or hard money lenders, YOU TOO can find a way to get into the lucrative investment market. Sadhana also tells Gary about some very important strategies that she used that will be useful for listeners. She doesn’t invest in one geographic market, she says as long as the numbers work, you can invest anywhere! WHAT YOU’LL LEARN: How a client’s lower mortgage payment than Sadhana’s car payment made the light bulb

Gary chats this week with Jared Hope of JK Coaching, an investor with over 16 years in the trenches, and he’s developed a no-BS approach to real estate investing! Jared has owns over 150 properties and has performed over 500+ transactions all across Canada. Jared and his wife Krista are a power team, and have learned the right and wrong way to invest, making many mistakes! Jared is also a coach and podcast host, and this chat with Gary details his struggles AND successes as an investor, and will appeal to both new and seasoned investors! WHAT YOU’LL LEARN: What made his wife Krista suggest they get into real estate investing What Jared’s and Krista’s parents approach to life and work impacted them What Jared thought of his first real estate investing seminar with Don Campbell of REIN Why he skipped the last day but his wife stuck around, and how that changed everything Why an investment club CRUSHED their investment goals Why his ‘judgement’ of others at these clubs CHANGED everything Rich Dad, Poor Dad is t