Matt educated on negotiating creative deals. We chat about Subject 2, Seller Financing and ways to take over control of property with little to no money

Matt Theriault
Epic Real Estate

EP286 Inheriting Low Rate US Mortgages With Matt Theriault

This week we discuss growth and scaling your business

Darcy White
www.darcywhite.com

Glen Sutherland
www.glensutherland.com/coaching
glen-s-school-8487.thinkific.com/

Aurélien Bonin has 10 years experience investing in many assets classes of real estate in Canada and in the US. He create an introduction course to encourage others to diversify their investments: aurelien-s-site-15b6.thinkific.com/

EP148 When to go Onsite

This week we tackle the topic of retiring with only long term rental income and is it possible?

Darcy White
www.darcywhite.com

Glen Sutherland
www.glensutherland.com/coaching
glen-s-school-8487.thinkific.com/

Aurélien Bonin has 10 years experience investing in many assets classes of real estate in Canada and in the US. He create an introduction course to encourage others to diversify their investments: aurelien-s-site-15b6.thinkific.com/

EP149 Can You Retire On Only Rental Cash Flow

This week we go through a case study of an issue someone we know if having  with their project and suggest ways to resolve the issues

Darcy White
www.darcywhite.com

Glen Sutherland
www.glensutherland.com/coaching
glen-s-school-8487.thinkific.com/

Aurélien Bonin has 10 years experience investing in many assets classes of real estate in Canada and in the US. He create an introduction course to encourage others to diversify their investments: aurelien-s-site-15b6.thinkific.com/

EP155 Case Study- Rehab Gone Wrong

This week we discuss how you could but real estate with no money down

Darcy White
www.darcywhite.com

Glen Sutherland
www.glensutherland.com/coaching
glen-s-school-8487.thinkific.com/

Aurélien Bonin has 10 years experience investing in many assets classes of real estate in Canada and in the US. He create an introduction course to encourage others to diversify their investments: aurelien-s-site-15b6.thinkific.com/

EP156 6 Ways To Buy No Money Down Real Estate

This week we discuss the solutions to getting a bad appraisal

Darcy White
www.darcywhite.com

Glen Sutherland
www.glensutherland.com/coaching
glen-s-school-8487.thinkific.com/

Aurélien Bonin has 10 years experience investing in many assets classes of real estate in Canada and in the US. He create an introduction course to encourage others to diversify their investments: aurelien-s-site-15b6.thinkific.com/

EP157 What Should You Do If You Have A Bad Appraisal?

Julie tells her inspiring story of going through hell, and finding a way pull it all off, when there appears to be no options left. This story is honestly one that you need to listen to. It motivates, and inspires anyone to push through and find solutions. 

Top 5 interviews of the 320 released so far!

Julie Hoffman
Street Smart Diva

Song she references:
https://www.youtube.com/watch?v=l50L4GYhpLc

EP320 If You're Going Through Hell Keep Going With Julie Hoffman

Trevor talks about his story of running different businesses and talks about how he can use this experience into a real estate business. He speaks about the advantages of Real Estate and why he moved to doing a real estate business. 

K Trevor Thompson

EP321 Business Owner To Real Estate Syndicator With K Trevor Thompson

In this episode of "Real Estate Roundtable", the hosts—Glen Sutherland, Aurelien Bonin, and Darcy White—share their biggest real estate investment mistakes and the lessons learned from them, offering listeners valuable insights on how to avoid similar pitfalls.

Aurelien Bowen's Mistake: Aurelien lost a property deal because one of the conditions expired, and a fellow investor swooped in to close the deal. He had been working without a real estate agent, which resulted in a missed deadline and loss of the deal to someone he had mentioned it to. This experience emphasized the importance of carefully tracking contract dates and being mindful of who you share deal details with.

Lesson: Always leverage a calendar to track contract expiry dates and be cautious about who you share deal information with. Hiring professionals, like real estate agents, can help prevent such oversights.
Darcy White's Mistake: Darcy's biggest mistake involved a real estate partnership that lacked a formal agreement. He entered into a deal where he funded the purchase of a property, while his partner was supposed to do the work. However, the partner began invoicing for time without delivering results, leading to a poorly structured deal that went over budget and ended in a $26,000 loss—the only time Darcy ever lost money on a real estate deal.

Lesson: Always have a clear, written partnership agreement that outlines responsibilities and consequences. Even if you know your partner well, accountability is crucial to protect both the relationship and the deal.
Glen Sutherland's Mistake: Glen once took a referral at face value when expanding into a new market, without doing due diligence on the person referred. The contractor did not meet expectations, leading to project delays and other complications. Glen learned to always ask probing questions to verify the quality and reliability of referrals, rather than simply trusting a recommendation.

Lesson: Always perform due diligence on referrals, regardless of the source. Interview the person being referred and ask creative, insightful questions to ensure they have solid systems and practices in place. Avoid making assumptions and vet referrals thoroughly.
In sharing these stories, the hosts stress the importance of proper planning, documentation, and due diligence when it comes to real estate partnerships and referrals. Their advice encourages investors to learn from their mistakes, improve their processes, and be more strategic in their business relationships.

Join Our Facebook Group & Submit Your Questions
https://www.facebook.com/groups/roundtablere

EP165 What Was Your Biggest Mistake And What Did You Learn From It

The discussion centers around real estate investing and scaling up to larger projects, with key takeaways on mindset, education, and strategy:

Continuous Learning & Course Development

Glen emphasizes updating his real estate course based on student questions, ensuring it remains relevant.
Real-world challenges, like contractors threatening liens, highlight the need for practical knowledge and professional support.

Overcoming Fear & Growing Your Mindset

The hosts stress the importance of starting small and proving your concept.
Larger projects require stepping out of your comfort zone, backed by education, networking, and exposure to experienced investors.

Team Building & Networking

Successful scaling involves assembling a skilled team, including attorneys, underwriters, and brokers.
Surrounding yourself with experienced, ambitious people helps shift your mindset and gain confidence.

Practical Steps to Scaling

Reading books, attending courses, and joining masterminds were instrumental for all hosts.
Collaborating with professionals familiar with larger deals is crucial.

Maintaining Focus & Positive Influences

Sharing ambitious goals with supportive individuals ensures you stay motivated and avoid negativity.
Consistency and persistence over time lead to success.
Overall, the episode underlines the importance of education, collaboration, and a growth mindset in transitioning to larger real estate projects.

EP166 How to Grow Your Mindset to do Larger Projects

This podcast episode discusses Wendy Russell and Mike Moroz's experience with Canadian investing in U.S. real estate. Here’s a breakdown of key points:

Investment Background: Wendy and Mike started investing in Canada over 25 years ago and expanded into the U.S. in 2010. They’ve invested in various properties, including multifamily homes, single-family homes, and short-term vacation rentals (STRs).

Why They Chose Specific U.S. Markets:

Indianapolis: They began investing in Indianapolis due to a personal connection—Mike's best friend and their godchildren lived there. The affordable housing market was appealing, especially in 2010 when the U.S. housing market was struggling, and the Canadian dollar was favorable.
Savannah, Georgia: They later expanded to Savannah because of Mike's job (he works as the Director of Canadian Operations for a U.S. company with an office in Savannah), which led them to frequently visit. Wendy loved the area, prompting them to invest there.
Personal Connection to Markets: While many real estate experts suggest that investors don’t need a personal connection to the markets they invest in, Wendy and Mike prefer knowing the areas well. Wendy also likes to guide guests to local attractions in their short-term rental properties, and having a strong local presence provides comfort to their partners.

Challenges with Property Managers: They emphasize the importance of having reliable property managers, sharing an experience of a terrible property manager in Indianapolis that almost made them quit investing. They created a thorough vetting process to avoid similar situations.

Investment Strategy in Savannah:

Multiple Rental Strategies: Savannah is attractive because it allows for multiple rental strategies, including long-term rentals, short-term rentals (STVs), and rentals to film crews or corporate clients. The city has a growing film industry and a large student population, which offers a variety of rental opportunities.
Short-Term Rental Regulations: There are restrictions on where short-term rentals can operate in Savannah, limited to three historic districts. Investors must either find properties with existing short-term rental licenses or purchase commercial-zoned properties for new licenses.
Market Selection Considerations: They focus on markets that offer cash flow, especially in the Midwest, where cash flow is stronger than in areas like Ontario, Canada. Savannah, while more expensive, offers diversified rental opportunities, such as film industry rentals, traveling nurses, and student housing, making it a good place to pivot if rental markets shift.

Commercial Properties and Financing: They highlight how they were able to secure residential loans for properties in commercial zones in Savannah, which is a unique opportunity. While commercial properties are typically less favorable for residential investors, Wendy and Mike found a way to make it work, leveraging their knowledge and experience in the U.S. market.

The discussion underscores the importance of local knowledge, a strong team (especially property managers), and diversifying strategies to mitigate risks in real estate investing.

EP346 Exploring Savannah: U.S. Real Estate Insights with Wendy Russell & Mike Moroz

Helping anyone invest in the U.S. real estate market from anywhere!

EP346 Exploring Savannah: U.S. Real Estate Insights with Wendy Russell & Mike Moroz

A Canadian Investing in the U.S.

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