Podcast

Are you in that challenging position many mid-stage real estate investors find themselves in, where you’ve got a number of properties in the portfolio, but not enough cashflow to fund your lifestyle?

This is a common challenge for investors who have built portfolios in markets where, due to higher prices, cashflow on a per property basis is lower.

So what do you do to create cashflow for today without having to liquidate a property and put a dent in your long-term wealth building plans?

Enter Cody Yeh, a former full-time project manager and engineer at Honda, who supplemented his job income and real estate portfolio returns by learning to become a stock options investor. The skills he learned over a period of time allowed him to quit his job at the beginning of 2020, while also allowing him to keep his real estate investments for building long-term wealth and earn income for today.

In this conversation you’ll see how real estate and stock options investing can be worked in tandem to create the best of both worlds: cashflow today and wealth tomorrow.

Talking points include:

Why Cody started investing in real estate. What led to trading stock options after starting out with day trading. How stock options connect to real estate investing and why investors should care. What is a stock option? Real estate investors can’t eat equity, so if there’s not enough cash flow from the portfolio, where’s the money coming from? How trading stock options complements the wealth building aspects of long-term real estate investing. Why trade stock options as opposed to trade stocks (and what’s the difference) Being the “insurance”.  What happens if your option gets exercised. Expected cashflow returns of trading options.  Translatable skills between real estate investing and options trading. How to create scalable risks and returns. How to get started. The most common ways people screw options up: fear, greed, and lack of diligence.

Thank you to Cody for joining us on the show. If you want to learn more about Cody, stock options, and his options training courses, visit:

www.codyyeh.com

https://www.facebook.com/groups/StockInvestingCanadaUs

https://www.instagram.com/cody__yeh/

@codyyeh

Julie Broad is the Co-Founder of Rev N You with Real Estate and the Founder of Book Launchers, which helps non-fiction authors write and market books people will want to read.

As an Amazon Overall #1 Best Selling Author having written titles including More than Cashflow, which topped Amazon, The New Brand You, and her latest book, Self-Publish & Succeed, Julie is a recognized real estate investor, successful entrepreneur, and notable speaker.

Through the late 2000s and early 2010s, Julie and her husband Dave developed Rev N You with Real Estate. What originally was a newsletter highlighting their investing journey eventually grew into a platform for providing level-headed, honest education and insights on the real risks and rewards of real estate investing in Canada, a mission the new faces of Rev N You carry on today.

After investing full-time for a little under 10 years and growing Rev N You into a trusted education provider in the real estate investing education space, Julie and Dave decided to move to the USA to pursue two new ventures: Dave’s acting career, and Julie’s self-publishing company, Book Launchers.

Today, Julie maintains her focus on Book Launchers with a popular YouTube channel in BookLaunchers.TV. Her advice has been featured in Forbes, Entrepreneur.com, Yahoo! Business, CTV, the Toronto Sun, Medium.com and many local and national TV shows.

In our conversation we dive into the history of Julie’s real estate investing career and the background of Rev N You, covering:

Julie’s real estate investing origin story How Rev N You came to be.  The need for level-headed, honest real estate investing education. Leaving a 6-figure job and going all in on real estate investing and building Rev N You “Burning the boats” and maintaining the entrepreneurial mentality.  The day-to-day of building a real estate investing education company while also building a portfolio. What it REALLY takes to build and grow a business from the ground up. What precipitated Julie’s transition from real estate into a new business venture. Using real estate to fund her new company, Book Launchers, and her transition down to the United States. What real estate investments have allowed Julie to do after moving forward from Rev N You and being a full-time investor. Julie’s advice for investors who are just starting out Advice for running a real estate investment business. What causes the most stress in real estate. The case for limiting joint venture partnerships

Big thanks to Julie for taking a walk down the Rev N You memory lane. If you’re an aspiring author and want to find out more about how you can publish your own book, reach out to Julie via her website:

https://booklaunchers.com/

If you want to chat with her about real estate investing, DON’T! Talk to us instead! We can be found online and across social media in the following places:

www.revnyou.com

info@revnyou.com

IG: @revnyoucanada

FB & YT: Rev N You With Real Estate

Thank you for listening and we look forward to welcoming you to the Rev N You with Real Estate community!

– The Rev N You with Real Estate Team

Andrea Warkentin is a former member of the Vancouver Police Department before moving to Red Deer, Alberta and becoming a full-time real estate investor in 2006.

Since that time she has built up a substantial portfolio, buying and selling her own properties over the years. She has transacted over 60 creative real estate deals using seller financing to purchase properties, and has used the rent to own strategy to sell over 50 properties over the past 12 years. She also own multi-family properties and currently her portfolio of rentals in Central Alberta is sitting at 70 doors with a valuation of over 11 million dollars.

Over the past 6 years, she has been helping to teach creative strategies to investors across Canada through her partnership with Barry McGuire, a real estate lawyer of over 40 years in Edmonton, AB. They travel to Vancouver, Calgary, Edmonton and Toronto to teach investors on how to expand their portfolios using techniques such as seller financing, rent to own, options, wholesaling, and joint ventures.

Our conversation dives into Andrea’s vast creative investing strategies experience, including:

Andrea’s investing origin story – from police officer to full-time investor, including her first investment property The noticeable benefits of investing in secondary real estate markets, such as Andrea’s stomping grounds in Red Deer, AB Why go to a secondary market, especially if you live in a more expensive market (Toronto, Vancouver, etc.) Joint venturing to continue to grow by helping others invest in real estate What are “creative strategies” in real estate investing? Why it pays to know how to use creative investing strategies The benefits of creative strategies for investors, sellers, and partners The importance of understanding the legalities of creative strategies to protect your interests How to determine if creative investing strategies make sense to use (hint: motivated sellers!) How long does it take to get your real estate investing business to the level where you can qualify for commercial financing Getting educated in creative strategies so you can educate others, namely sellers How to build a team of professionals to support your business The #1 reason why creative investing strategies are something any investor should learn

Big thank you to Andrea for joining us on the show. If you’d like to connect with Andrea further you can find her in the following places:

Facebook: Andrea Gauntlett Warkentin

Thank you for listening and we look forward to welcoming you to the Rev N You with Real Estate community!

– The Rev N You with Real Estate Team

Jamie and Leslie Collard are a husband and wife team who have spent the last few years building financial freedom through real estate acquisitions.

In 2016, they decided it was time to take control of their future and began creating the life they dreamed of after realizing their financial future was in jeopardy.

They decided to delve into the real estate world by soaking up all there is to know about property acquisitions, private lending and investing through registered funds such as RRSP’s, TSFA’s, etc.

Starting with their first investing in 2017, in only two short (and very busy) years, they developed a portfolio of over 50 rental units which has grown to its current size of 350 units and counting!

Throughout their journey, they have become passionate about sharing with others how they use real estate to build wealth. As true believers that everyone can achieve the same success that they have, they decided they wanted to show people how they did it, so they’ve hosted events, offered coaching programs, and appeared on plenty of shows like this!

In our conversation with the Collard’s we dive into:

The Collard’s real estate investing origin story Where they’ve invested in building a portfolio now with over 350 units  Why they got started in real estate investing How their goals in real estate changed after getting some focused education in investing What it really looks like to build a 350 unit portfolio in 4.5 years . . . the price to be paid not for everyone The importance of building your team and vetting quality team members in order to scale with speed Becoming aware of what you need to see (and have) in order to push forward through obstacles and discomfort What it’s like to transition to using other people’s money to build your portfolio Developing the confidence to bring on investors and lenders in order to grow How long does it actually take, and how much work it takes, to find and vet a good deal What all is included in the Collard’s portfolio and how do they manage it all? What investing strategies they use in different markets to maximize returns Handling the stresses that come with having a lot of business activities on the go, and what they’re doing to improve things Investing in coaching and only working with people who are willing to teach them The future of real estate for Jamie and Leslie

Thank you to Jamie and Leslie for joining us on the show. If you’d like to get in touch with, or find out more about The Collard’s you can find them in the following places:

https://www.collardproperties.ca/

FB: Collard Properties

info@collardproperties.ca

Thank you for listening and we look forward to welcoming you to the Rev N You with Real Estate community!

– The Rev N You with Real Estate Team

In this episode we’re speaking with a fellow podcaster and real estate investor, host of the popular Where Should I Invest? and The REITE Club shows, Sarah Larbi.

Sarah Larbi specializes in helping take the mystery out of homeownership for Canadians who thought real estate investing was going to be out of reach. She has earned their trust and respect by having the drive and focus to embark, build and grow a 7-figure, 10 property. 14 door, investment portfolio by her mid 30’s all whilst employed full time. She was able to exit the job world as of Fall 2020, only 7 years after buying her first investment property.

Through her various coaching programs, Sarah has helped students go from their first property to planning retirement in around 10-15 years. Her results-oriented approach has been featured in The Globe & Mail, Toronto Star, Canadian Real Estate Wealth magazine and 1010 News Talk Radio and she is often a guest on numerous North American finance-focused podcasts.

Hosting two podcasts herself Where Should I Invest? And as co-host on The REITE Club, which have both reached a Top 50 all-time ranking in investing in Apple podcasts, Sarah interviews fellow real estate investors about their strategies and geographical focus, providing audiences with valuable insights and actionable tactics for their own real estate goals.

In our conversation with Sarah we dig into her real estate investing story including:

Why Sarah started investing in real estate The BRRRR strategy: why (and how) Sarah and her partner chose this as their prefered investing strategy to build their portfolio Choosing ONE real estate investing strategy, getting good at it, and then branching out into other strategies Why Sarah started her podcasts – Where Should I Invest? and The REITE Club Common threads shared by successful investors who have appeared on her podcast through the years Leaving her job using real estate and the challenges of a stark work / life change How to use real estate to leave your job and 3 steps you can take to prepare the runway before pulling the plug

Much appreciation to Sarah for joining us on the show. If you’d like to connect with her, find out more about her podcasts or investing experience and resources, visit her online at:

Home

And on instagram:

@investorsarahlarbi

Thank you for listening and we look forward to welcoming you to the Rev N You with Real Estate community!

– The Rev N You with Real Estate Team

Do you have a process for reviewing, planning, and setting goals in your life?

In this edition of the show, host Doug Meyers walks listeners through his Quarterly Review, Planning, and Goal Setting Process.

This process is something Doug has worked through and improved over the past 3 years, bringing elements of the process from entrepreneur and business coach Dan Sullivan, Stephen Covey’s 7 Habits of Highly Effective People, and some of his own additions, to create an in-depth exercise that if implemented will help you create a clear vision, set priority goals, and determine what a great next 90-days looks like for you.

With this episode you will learn:

The purpose of the quarterly review, planning, and goal setting process – why do this? The importance of uninterrupted, undistracted time to focus when completing this exercise Why a change in location helps facilitate quality results How the combination of intentional time, a quiet location, and undivided attention will maximize the effectiveness of this exercise The 4-step process for quarterly reviewing, planning, and goal setting The 4 prompt questions that force you to reflect, identify, create, and set your next 90-days for success (from Dan Sullivan’s How To Change Your Life in 90 Days) How to use this process to set priority goals for yourself The fatal error that causes most people to fail at achieving their quarterly goals and how to avoid it What to do after you set your quarterly goals: The Weekly Review

With the start of October 2021 approaching, you can take action immediately with this episode and complete a quarterly review, plan, and goal setting exercise so that you can finish 2021 strong and roll into 2022 with positive momentum.

If you’ve got questions about this process please send them via e-mail to:

info@revnou.com

with the subject line “quarterly process”.

Thank you for listening and we look forward to welcoming you to the Rev N You with Real Estate community!

– The Rev N You with Real Estate Team

“You will attract what you are.” – Marinella Nicolosi

In this episode we’re bringing back a popular previous guest!

Marinella Nicolosi is a private lender with a wealth of experience lending her funds to private investors within the real estate investing space. As she shared in our first episode together (Understanding the Real Risks and Rewards of Private Lending), the key to her success as a private lender is quality relationships.

In chatting with each other further we decided that building quality relationships was worthy of its own show, so we brought Marinella back to have a free-flowing conversation on the subject and to share her insights and perspectives.

Our conversation covers:

Why are relationships so important in real estate investing. How long does it take to develop quality relationships. Why working on yourself is actually the first step in building relationships with others. Accepting the fact that you’re only go to connect with a certain number of people (now it just becomes a matter of finding those people)! What are the fundamental elements of building relationships. Invest time to get to know people…on a non-real estate basis. Tips on how to build a big network of connections. How to have conversations that allow non-real estate relationships to turn into potential real estate opportunities. Educating yourself on how relationships work. Why problem-solving and growing together are great ways to build relationships with others.

Once again, a big thank you to Marinella for joining us on the show! If you enjoyed what you heard and would like to get in touch with Marinella you can find her on Facebook where she is quite active or via e-mail:

Marinella Nicolosi

4u2suxeed@gmail.com

Thank you for listening and we look forward to welcoming you to the Rev N You with Real Estate community!

– The RevNYou with Real Estate Team

Marcin Drozdz is an active investor with a several hundred unit real estate portfolio and has sourced 9 figures of private investment capital for several business ventures.

An entrepreneur of Polish decent, Marcin has gone from working at a private equity firm in his early 20s to starting his own real estate investment business, which fast forward to today is focused on commercial and multifamily real estate acquisitions in the United States.

In our conversation with Marcin we cover 3 distinct areas: building a real estate investment business, investing in the United States as a Canadian, and raising capital. Points covered include:

Marcin’s real estate origin story. What made him want to move from working at a private equity firm to starting his own real estate investment business. The difference between technical work and doing entrepreneurial work, and how Marcin improved as a business owner and operator. Insights into building a real estate investment business. The reasons why Canadians should consider investing in the United States. The types of assets Marcin and his partners are focusing on in the USA Which areas in the USA Marcin focuses on and why, sharing his reasons for being interested in particular markets. Developing an operations team in the USA while living in Canada. Tax implications as a Canadian investing in the USA Differences between American and Canadian markets to be aware of Marcin’s consistent principles for raising capital. Why you should “dig your well before you’re thirsty” The E.A.S.Y. system Mistakes Marcin sees people making when it comes to raising capital. What real estate investors can do to become better capital raisers.

Big thank you to Marcin for joining us on the show!

If you’d like to connect with Marcin further or check out more of his info and education online, find him here!

https://www.marcindrozdz.com/

IG: @realmarcindrozdz

Thank you for listening and we look forward to welcoming you to the RevNYou with Real Estate community!

– The RevNYou with Real Estate Team

This week on the Podcast we’re sitting down with Carleen Su of Tru Capital Real Estate!

Carleen’s journey in real estate investing spans a healthy 19 years and includes investments in duplexes, suited homes, pre-construction condos, limited partnerships, and now townhouse development projects as well.

As the mother of a young family of 3 kids, Carleen strives to find balance between growing her investing business and achieving her investing goals, while raising a family and achieving her familial goals too.

In our wide-ranging conversation we cover:

Carleen’s real estate investing history, with 19 years of investing in various capacities. What it was like to be a young, new investor and overcoming the discomfort of first-time investing (and first-time property management). Insights on the real estate cycle and portfolio management Creating the confidence to try different strategies. The slow and steady approach to growing a portfolio. Transitioning from working in full-time job to working on her investing business Integrating work and life to achieve both investing and family goals. Strategies for prioritizing life and business elements while raising a family, including using a project management software. Current projects Carleen is working on with her investment company, Tru Capital Tips and insights for overcoming doubts in raising capital.

Thank you to Carleen for taking the time to join us on the show!

If you want to find out more about Tru Capital Real Estate and connect with Carleen directly you can find her at:

Home

service@trucapitalrealestate.com

Facebook: Tru Capital

Instagram: @investorcarleen

Thank you for listening and we look forward to welcoming you to the RevNYou with Real Estate community!

Joining us on this episode of the RevNYou with Real Estate Podcast is former Air Force Pilot, current Consultant, and Turnkey Real Estate Investor Axel Meierhoefer

Axel was born in Germany and now calls San Diego, CA home. After serving in the Air Force for over 2 decades as an aviator and instructor, he started his consulting company in 2005. As a new business owner, he quickly realized that nobody hands you a retirement plan if you’re running your own company, so he started looking for ways to secure his financial future and discovered real estate investing.

Having established his preferred real estate investing method through studying and diligence, and applying his analytical nature, Axel now mentors people who want to start their investing journey using similar strategies to what has worked for him.

In our conversation together we cover:

Axel’s pre-real estate background: flying fighter jets in the Air Force The translatable skills taken from the Air Force, applied to Real Estate Investing Knowing and mastering the fundamentals so you can notice the differences that matter Why Axel started investing in real estate How to become a turnkey “out-of-state” (or out-of-province) real estate investor, and why it makes sense for Axel over other real estate investing options What is a turnkey real estate investment provider? Developing the relationships you need to build your team What qualifies as a “performing” real estate investment for that meets Axel’s criteria Explaining the qualifying process for a property What is the Time Freedom Point and how long on average does it take to get there? Using equity in your own home to build your investment portfolio The greatest challenge facing would-be investors looking to get started Why Axel is so passionate about his role as a real estate investor and home owner Structuring the time spent on real estate investing activities versus your primary income generator A couple of quality book recommendations Personality based persuasion methods to help encourage people to improve their lives through investing

Many thanks to Axel for joining us on the show! To find out more about Axel you can find him through his Ideal Wealth Grower Platform at:

https://idealwealthgrower.com/

FB: idealwealthgrower

IG: @idealwealthgrower

Twitter: IdealGrower

LinkedIn: https://www.linkedin.com/company/ideal-wealth-grower/

YouTube: Ideal Wealth Grower

Additional Resources and Links:

Get your FREE Mindset Manual from Axel

Click here: https://idealwealthgrower.com/free/

And watch the series of videos on how to use your Mindset Manual

 https://www.youtube.com/channel/UCvZRy6092XyFWW9bhCbIt4Q

Thank you for listening and we look forward to welcoming you to the RevNYou with Real Estate community!

The RevNYou with Real Estate Team

IG: @revnyoucanada

FB & YT: Rev N You With Real Estate