The Wisdom, Lifestyle, Money, Show-logo

The Wisdom, Lifestyle, Money, Show

Business & Economics Podcasts

The Wisdom, Lifestyle, Money Show is here to help Canadian's invest better in Canada & the U.S.A. We specialize in mortgage financing and education in both Countries. Discover how to become a better investor and access the financing you need.

Location:

United States

Description:

The Wisdom, Lifestyle, Money Show is here to help Canadian's invest better in Canada & the U.S.A. We specialize in mortgage financing and education in both Countries. Discover how to become a better investor and access the financing you need.

Language:

English


Episodes
Ask host to enable sharing for playback control

U.S.A. Lending For Canadians & Other Foreign Buyers

5/22/2024
Scott Dillingham discusses the lending options available for Canadians and foreign buyers interested in purchasing investment properties in the United States. He highlights the benefits of working with a one-stop shop lender that covers both residential and commercial lending in Canada and the US. Scott provides examples of different lending options and rates for commercial and residential properties. He also explains the process of obtaining financing in the US, including the importance of setting up an entity, opening a US bank account, and working with professionals. Scott concludes by mentioning new products available, such as fix and flips for foreign buyers and lines of credit for experienced flippers. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:28:31

Ask host to enable sharing for playback control

The Explosive Growth in Windsor's Real Estate Market

5/9/2024
Alex Ciotoli, an investment-focused realtor from Windsor, shares his story and insights on the real estate industry in Windsor. He discusses the explosive growth in the market, driven by investments in industrial, commercial, and residential properties. He highlights the major infrastructure projects happening in Windsor, such as the battery plant, hospital, Amazon plant, and Gordie Howe bridge. Alex emphasizes the importance of due diligence when investing in Windsor and offers his expertise in commercial and multi-unit properties. He encourages investors to take advantage of the current market conditions and work with a knowledgeable realtor. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways: If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:23:34

Ask host to enable sharing for playback control

Unlocking High Returns with Foreign Currency Trading With Gillian Irving & Robert Tyrer

3/7/2024
In this episode, host Scott Dillingham interviews Robert Tyrer, an expert investor in foreign currency trading. Robert shares his journey from working in the banking industry to becoming a successful trader. He explains his trading strategy, which focuses on long-term trends and patterns, and emphasizes the importance of risk management. Robert's company has achieved impressive returns for clients, with a net client return of about 10.8% per month compounded. He also discusses the flexibility of his investment approach, including the ability to use different currencies and access funds without lock-in periods. Robert emphasizes transparency and encourages potential investors to reach out to him for more information. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:23:42

Ask host to enable sharing for playback control

Flipping Homes With The Correct Lender Feature Paul McAllister & Ryan Day

2/14/2024
In this conversation, Paul McAllister interviews Ryan Day from Calvert Mortgage. They discuss the unique products and services offered by Calvert Mortgage, specifically for real estate investors. Ryan highlights the benefits of their Flip product, which allows for low money down, no third-party appraisals, and quick closings. They also discuss the option to collateralize other properties for additional funding. Ryan emphasizes the importance of permits and the potential delays they can cause in a project. They also touch on the advantages of using a private lender, such as quick closings and flexibility in underwriting criteria. The conversation focused on the benefits of working with private lenders for real estate investment opportunities. The main themes discussed were quick closings, flexible financing options, reduced documentation, and product fit. Private lenders offer faster closing times and the ability to scale up investments with lower down payment options. They also provide a product that aligns with the needs of real estate investors, offering solutions rather than roadblocks. The conversation emphasized the importance of having a business plan, understanding lender requirements, and working with investor-focused professionals. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:57:05

Ask host to enable sharing for playback control

Rent To Own Homes And Passive Income With Paul McAllister & David Pereira

2/13/2024
In this conversation, Paul McAllister and Dave Pereira discuss the concept of rent-to-own investments in real estate. They highlight the mission of Rent to Grow Homes, which is to help deserving families achieve homeownership while providing passive investors with a target annual return of 20%. They emphasize the satisfaction of seeing families succeed and the impact of rent-to-own investments on communities. Not only that, but they also discuss the importance of tenant buyers having an owner mentality and taking pride in their homes. The conversation touches on the geographic focus of rent-to-own investments in Eastern Ontario and the potential for cash flow and appreciation in smaller markets. They mention the challenges of finding lenders who are willing to finance rent-to-own deals and the importance of working with a mortgage broker to navigate the process. The profile of an investor in rent-to-own properties is someone who wants to be passive and not involved in hands-on management. They are looking for a low-maintenance investment with predictable returns. This type of investor is often a first-time investor who would like to get involved in real estate without the risks and responsibilities of traditional buy-and-hold properties. Rent-to-own investments offer a predictable and easy way to make money in real estate, with a promised 20% annual return. The key is to find a good property with no major issues and to have a reliable property management system in place. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:40:46

Ask host to enable sharing for playback control

Property Investing By Goal Setting with Gillian Irving & Evan Unger

2/12/2024
In this conversation, Gillian Irving interviews Evan Unger, a real estate entrepreneur and author of the book 'Make the Decision' on goal setting. They discuss Evan's Guinness World Records for the highest standing jumps, the importance of goal setting in achieving success, and the different areas of life to focus on when setting goals. They also talk about Tuck Capital, Evan's consulting and development company, and offer advice for real estate investors in Ontario. Evan shares tips on creating meaningful goals and breaking them down into actionable steps. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:33:59

Ask host to enable sharing for playback control

Building Wealth Using Real Estate With Gillian Irving & Monika Jazyk

2/7/2024
Gillian Irving and Monica Jazyk discuss real estate investing and building wealth through alternative investments. They highlight the importance of investing in high-growth markets with strong economic fundamentals. Monica shares her experience of investing in different markets, including the challenges of investing in faraway, low-growth markets. They also discuss the shift in investor sentiment towards investing in the US and the importance of having a reliable team on the ground. Monica emphasizes the need for investors to visit the market and see the properties before investing. They mention specific markets where they have teams, such as Atlanta, Florida, and Texas. In this conversation, Gillian Irving and guest Monica Jazyk discuss different real estate investment opportunities in various locations, including Texas, Phoenix, and Los Angeles. They highlight the importance of considering factors like insurance rates and economic fundamentals when investing in different areas. They also discuss the process of investing in pre-construction projects and the potential returns. RPI Education offers coaching and education for investors at different stages, from single-family rentals to syndications. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:43:57

Ask host to enable sharing for playback control

Best U.S. Real Estate Investment Structures For Canadians With Gillian Irving & Michael Matthew

2/7/2024
In this conversation, Gillian Irving, a mortgage agent, and Michael Matthew, a professional accountant, discuss the importance of setting up the right corporate structure for investing in US real estate. They explain that the type of entity to set up depends on the investor's goals and whether they plan to use the property for personal use or as a money-making venture. Michael recommends a triple C structure, which involves setting up a Canadian corporation, a C corporation in the US, and an LLC to hold the property. They also discuss the importance of choosing the right state for incorporation, considering factors such as landlord-friendly laws and tax benefits. Michael emphasizes the need for proper documentation and compliance with US tax requirements, and suggests working with a bookkeeper to handle ongoing financial management. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:34:24

Ask host to enable sharing for playback control

RV & Cabin Resort Rentals With Paul McAllister & Darvin Zurfluh

2/5/2024
Darwin Zerflou, CEO of Pinnacle Lifestyles, discusses the company's focus on RV and cabin resort businesses in British Columbia. They buy campgrounds in world-class destinations, primarily in the Rocky Mountains, and offer a range of amenities and activities for outdoor enthusiasts. Investors can participate by investing in Pinnacle Lifestyles Fund 3, which has a targeted rate of return of 12-16% over an eight-year term. The company also offers opportunities for individuals to purchase RV and cabin sites and generate income through rentals. Darwin emphasizes the importance of diversifying investments and highlights the strong demand for camping and RV sites in British Columbia. He also discusses the impact of COVID-19 and climate change on the business. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:31:33

Ask host to enable sharing for playback control

Real Estate Coaching For Success With Mike Peters & Elizabeth Kelly

1/30/2024
Elizabeth Kelly, a real estate coach and investor, shares her journey from investor to coach and the importance of finding the right strategy for individual goals. She emphasizes the need for a power team of professionals, including realtors, lawyers, accountants, home inspectors, and appraisers, to support investors in making informed decisions. Elizabeth also discusses the rent-to-own strategy and the importance of integrity and knowledge in selecting team members. She highlights the significance of aligning strategy with goals and the value of connecting investors with others in similar situations for accountability and joint venture opportunities. Elizabeth shares her experience investing in various provinces and the importance of considering market preferences and personal goals when choosing investment locations. Elizabeth Kelly discusses the importance of finding the right real estate strategy for each market and the need to vet experts before recommending them to clients. She also emphasizes the value of creative financing options, such as rent-to-own, for first-time homebuyers. Elizabeth highlights the challenges faced by new investors, including overwhelm and the need to find the correct support system. She also shares her passion for assisting people in achieving their real estate goals and the importance of optimizing portfolios. The conversation concludes with a discussion on CMHC financing and the need for strategic planning in commercial mortgages. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:46:14

Ask host to enable sharing for playback control

Basketball Coach to Successful Real Estate Investor With Mike Peters & Ben Julius

1/29/2024
Ben Julius, owner of Lionheart Developments, shares his journey from being a college basketball coach to a successful real estate investor and developer. He emphasizes the importance of discipline, accountability, and building a championship team. Ben recommends having a coach or mentor to guide you in your real estate journey, and stresses the value of experience when it comes to financing and expanding into new markets. He also highlights the potential of the Hamilton real estate market and the strategic location of his projects. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:35:28

Ask host to enable sharing for playback control

Self Storage and Mobile Home Park Investing With Mike Peters & Martin Mei

1/23/2024
In this conversation, Mike Peters interviews Martin Mei, a real estate investor specializing in self-storage facilities and manufactured mobile home parks. They discuss Martin's background in real estate investing, his experience with wholesaling, and his transition to focusing on self-storage and mobile home parks. They also touch on the importance of conducting feasibility studies for self-storage development and the potential for exit strategies in the industry. Martin highlights the affordability and quality of living in mobile home parks as a key factor in their attractiveness as an investment. Mobile home parks and self-storage facilities are attractive investment opportunities due to their potential to provide affordable housing and their recession-resistant nature. Mobile home parks offer affordable housing options for homeowners, and the cost of homes is expected to decrease. Self-storage facilities are in high demand during both good and bad economic times. The occupancy rate for self-storage facilities is typically around 85% to 92%. The market for self-storage is market-based and varies depending on consumer behaviour and population density. Mobile home parks are a scarce asset type, and cities are unlikely to approve new parks due to low property tax revenue. Mismanaged mobile home parks present opportunities for investors to acquire and upgrade properties. The self-storage industry is seeing a new trend with the emergence of pod storage, but it does not have the same economy of scale as traditional self-storage facilities. The self-storage industry is thriving during economic downturns as people seek to store their belongings. Martin Mei, an expert in mobile home parks and self-storage, is actively looking for investment opportunities and welcomes joint ventures and partnerships. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:46:58

Ask host to enable sharing for playback control

Strategic Investing with Military Precision With Erin Liu & Victoria Cloney

1/17/2024
Victoria Clooney, a seasoned real estate expert with nearly 20 years of investing experience, shares her journey and insights in risk investing. Her military background influenced her disciplined and strategic approach to real estate. She started investing at a young age and learned through experience, eventually realizing the importance of intentional investing. She has diversified her portfolio with various types of assets, including pre-construction, rentals, land development, and tiny home communities. Victoria emphasizes the importance of taking action and recommends identifying the type of asset that aligns with your lifestyle and financial goals. She also highlights the significance of understanding human behaviour and organizational dynamics in real estate investing. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:27:24

Ask host to enable sharing for playback control

From Basement Bungalows to Multifamily Ventures With Paul Mcallister & Ken Beckendam

12/20/2023
In this conversation, Paul McAllister and Ken Beckendam discuss their experiences in real estate investing, specifically focusing on strategies such as basement conversions and land development. They highlight the importance of conducting due diligence and working with experts to ensure compliance with zoning bylaws and building codes. They also emphasize the value of legal suites and the benefits of having a legal apartment for mortgage qualification. Ken offers his services in architectural design, permitting, and consulting for investors looking to convert properties or undertake land development projects. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:30:43

Ask host to enable sharing for playback control

Discover The Best Way To Purchase South Florida Properties

11/28/2023
Ryan Poole, owner of Real Trade and a realtor specializing in South Florida properties, shares his journey and expertise in the real estate market. He discusses the appeal of South Florida, including the climate, lifestyle, and investment opportunities. He highlights the strong rental market and potential for capital appreciation. Ryan also introduces Real Trade, a marketplace that connects buyers and sellers with real estate professionals and service providers. He presents a real-world example of a four-unit property in Lake Worth Beach, showcasing the potential returns and financial breakdown. In this conversation, Ryan and Scott discuss various properties available for purchase in South Florida. They highlight the benefits of investing in the area, including the potential for short-term rentals and the high demand from Canadian buyers. They also mention the RealTrade platform as a useful resource for finding properties and connecting with service providers. The conversation emphasizes the importance of taking the first step in real estate investing and the potential for growth and success in the South Florida market. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:46:09

Ask host to enable sharing for playback control

Investing in Canada Then Pivoting to The United States With Jeffrey Woods

11/27/2023
Jeffrey Woods, a full-time real estate investor, shares his journey from starting out as a broke college student to building a successful real estate portfolio. He emphasizes the importance of education and learning from experienced investors. Jeffrey also discusses the benefits of joint venture partnerships and using other people's money to scale his investments. He highlights the challenges and lessons learned along the way, including the importance of vetting partners and effective communication. Jeffrey is now focused on investing in the United States, specifically targeting states like North Carolina and Georgia, due to better investment opportunities and favourable landlord laws. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:27:51

Ask host to enable sharing for playback control

What Renovations To Do & Avoid For Real Estate Investors

11/5/2023
In this episode, Scott Dillingham discusses real estate renovations for investors with Nick Messina from Team Goran Remax and Kass from Kass Design Studios. They highlight the mistakes that investors often make when renovating, such as choosing unique and custom designs instead of going for more neutral and generic options. They also discuss the importance of kitchen and bathroom renovations in maximizing the value of a home. The experts emphasize the need to consult professionals and build a team when undertaking renovations. They also caution against making drastic and outlandish design choices that may deter potential buyers. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:24:06

Ask host to enable sharing for playback control

AirBNB Rentals And My Secret To 2x Your AirBNB Rentals Income

7/28/2023
In this conversation, Scott and Paul discuss strategies for maximizing income on Airbnb rentals. Paul shares his five key strategies, including using AirDNA for market research, utilizing MLS listing pictures before taking possession of a property, having a marketing plan for Airbnb rentals, setting up automated processes, and implementing a long-term rental strategy. They also discuss the importance of having high-quality photos, maintaining clean and well-kept linens, and leveraging events in the area to attract guests. They also touch on financing options for Airbnb properties and the importance of finding trustworthy cleaners and property managers. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:32:09

Ask host to enable sharing for playback control

Pros and Cons Of Buying A Rental Property In A Corp Or Personal Name

7/20/2023
In this episode, the host discusses the pros and cons of buying rental properties in a corporation or personally. The major benefits of buying in a corporation include mortgages not showing up on personal credit bureaus and extra liability protection. However, there are also drawbacks, such as properties in a corporation having higher interest rates and limited lender options. The host also mentions the option of using a bare trust agreement to close personally, but have the property considered in the corporation for tax purposes. It is important to consult a lender and accountant to determine the best approach. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:09:59

Ask host to enable sharing for playback control

How To Correct Negative Cash Flow From High Interest Rates?

7/1/2023
Many investors with variable rate mortgages are facing negative cashflow due to high-interest rates. Three main solutions are offered: 1) Get an interest-only mortgage or line of credit to save on principal payments and increase cashflow. 2) Change lenders to re-extend the amortization period and lower monthly payments. 3) Add a second suite to the property through refinancing to increase rental income and improve cashflow. These strategies have helped investors save money on interest expenses. If you're serious about real estate investing, join our free Investors Hub. Click this link to access now. Takeaways If you're looking to access the best financing for Real Estate Investors in Canada & the U.S.A., then I suggest you Book A Free Strategy Call with a specialist on my team.

Duration:00:08:17