Control and Compound with Darren Mitchell

On today's episode, Darren sits down with Daniel Foch, host of the number 1 real estate podcast in Canada, The Canadian Real Estate Investor Podcast. Darren and Daniel chat about how Daniel unintentionally found himself in the real estate industry, what led him to co-hosting one of the most popular podcasts in the country, and his thoughts on current policy around landlords and house flipping, amo...

In this episode of our Bitcoin series, Darren and Christina break down the three big events that could change the course of Bitcoin including the new Bitcoin ETF, the updated financial accounting standards, as well as the halving of Bitcoin (which hasn't happened yet but is already contributing to a huge jump in value for Bitcoin!) Tune in now. Show notes: 00:00 - Introduction 4:00 - The three big...

On this week's episode, Darren and Christina are back with another installment of the Nelson Nash Series. In part 7, they go over page 65 in the book that talks about the capitalizing and implementation of your banking system. They also chat about how to store your money properly before investing. Tune in now! Show notes: 00:00 - Introduction 2:00 - Capitalizing our systems 6:00 - How does the inf...

On today's episode, Darren and Christina are chatting about the lifetime capital gains exemption that can be used by small business owners with a corporation among others to save on some of the tax when selling. They chat about how the exemption works, who's eligible, and different ways you can apply it. Tune in now! Show notes: 00:00 - Introduction 1:40 - What is the lifetime capital gains exempt...

On today's March Update, Darren and Christina have a lot to cover! Including updates on interest rates, the stock market in Canada and the US, Bitcoin, as well as life insurance industry news and a new tax on flipping in BC that doesn't exactly seem all that thought out. Tune in now! Show notes: 00:00 - Introduction 1:20 - Bank of Canada / Interest rates update 3:40 - Is Canada in a recession? 6:2...

On today's episode, Darren and Christina are breaking down the high cash value participating whole life policy and how the wealthy use it as an asset class. They go through the pros and cons of using the infinite banking strategy and break down what it looks like using a fixed income investment vs. the participating whole life. Tune in now! Show notes: 00:00 - Introduction 2:15 - Designing your po...

On today's episode, Darren and Christina are breaking down the high cash value participating whole life policy and how the wealthy use it as an asset class. They go through the pros and cons of using the infinite banking strategy and break down what it looks like using a fixed income investment vs. the participating whole life. Tune in now! Show notes: 00:00 - Introduction 2:15 - Designing your po...

Darren and Christina are back with part 5 of their Bitcoin series and in this episode they'll be going over how Bitcoin is taxed in Canada and depending on certain scenarios, how does CRA classify Bitcoin. Tune in now! Show notes: 00:00 - Introduction 2:25 - How does the CRA classify Bitcoin? 5:45 - How is Bitcoin taxed at different price points? 11:10 - Is there any way to reduce or eliminate the...

On today's episode, Darren and Christina are breaking down the capital dividend account? Are you a business owner and you're trying to figure out how to get money out of your corp without paying way TOO much in tax? Well this episode is for you! They go through everything you need to know about the CDA as well as an example of how it works and why pairing it with life insurance can supercharge the...

On today's episode, Darren and Christina are breaking down the RRSP and go over some features that a lot of people may have overlooked! They answer questions like "is an RRSP tax deductible" and "do RRSPs grow tax free" among others and compare the RRSP to other savings vehicles that are necessarily attached to the government. Tune in now! Show notes: 00:00 - Introduction 4:15 - Is an RRSP tax ded...

On today's episode, it's the February update and Darren and Christina are going over everything you need to know including where interest rates are heading this year, the big news for Bitcoin, and where Canada's real estate market is headed, among other things. Tune in now! Show notes: 00:00 - Introduction 1:15 - Bank of Canada and interest rates 4:25 - Bitcoin update 6:40 - Real estate market upd...

BOOK YOUR TICKETS NOW: https://www.realestateinvestorssummit.live/joinuslive54004928?_hsenc=p2ANqtz--o0ElunSpYHW7HL4G7_PHzu9LJhKE9pt_tj7t03MTDkeapYv4RbsvUyN9VPZEDEC0vzJTk830oHJfr1o1FgrdQfeetE98yqEGw4pCksFflG2OdcM0&_hsmi=2&affiliate_id=4170004&utm_content=2&utm_medium=email&utm_source=hs_email On today's episode, Darren and Christina break down the characteristics of the ideal investment including...

BOOK YOUR TICKETS NOW: https://www.realestateinvestorssummit.live/joinuslive54004928?_hsenc=p2ANqtz--o0ElunSpYHW7HL4G7_PHzu9LJhKE9pt_tj7t03MTDkeapYv4RbsvUyN9VPZEDEC0vzJTk830oHJfr1o1FgrdQfeetE98yqEGw4pCksFflG2OdcM0&_hsmi=2&affiliate_id=4170004&utm_content=2&utm_medium=email&utm_source=hs_email On today's episode, Darren and Christina are breaking down part 6 of Nelson Nash's book "Becoming Your Own...

On today's episode, Darren and Christina are talking about all things passive income including the new taxes, the rules of passive income, having passive income within your corporation, and solutions to lowering or even getting rid of tax on that income. Tune in now! Show notes: 00:00 - Introduction 1:30 - Breaking down the new passive income rules 7:40 - The rules of passive income 11:00 - Soluti...

On today's episode, Darren is joined by the Condo King, Simon Yan. The two chat about how Simon got involved in real estate, what led him to flipping condos, how he has found success in that area, and why he's now become a mentor to share his wisdom to aspiring real estate investors/condo flippers. Tune in now! Show notes: 00:00 - Introduction 00:25 - How did Simon first get involved with real est...

Happy New Year everyone! On the first episode of 2024, Darren and Christina are going through their predictions for the year including whether or not we're heading for a recession, interest rates, inflation, as well as Darren's take on bitcoin, is it officially back?? Tune in to find out! Show notes: 00:00 - Introduction 1:40 - Prediction for 2024 interest rates 4:25 - Will Canada go into a recess...

On today's episode, it's Christmas day and it also happens to be episode 100!! Darren and Christina go over the past year and talk about setting goals for 2024 and the best methods you can use to reach your goals. Tune in now, we'll see you in 2024! Show notes: 00:00 - Introduction 1:30 - Reflecting on 2023 4:15 - Setting goals for 2024 6:45 - SMART goals 9:20 - How thoughts can directly impact yo...

On today's episode, we're one week away from Christmas and Darren and Christina are chatting about whether or not you're too old for infinite banking. The short answer is you're not, but the two break it down a bit further and talk about what ages make the most sense and how you can get the post out of your life insurance policies at whatever age you may find yourself. Tune in now! Show notes: 00:...

On today's episode, Darren and Christina are back for part 4 of their Bitcoin series. They compare how bitcoin works in comparison to online banking as well as the difference between a cold wallet and a hot wallet, and of course the steps you need to take to make sure your bitcoin is protected and secure. Tune in now! Show notes: 00:00 - Introduction 3:00 -  Bitcoin vs. online banking 6:45 - Hot w...

On today's episode, Darren chats with Danielle Chiasson. Danielle is a real estate investor, entrepreneur, and coach who runs the company Strategic Success Consulting. The two chat about Danielle's background and how she's helping business owners in many different ways find success. Tune in now! Show notes: 00:00 - Introduction 00:45 - How Danielle works with and helps other business owners 4:20 -...

On today's episode, Darren and Christina are back for another monthly episode. Can you believe we're in the final month of 2023?! The two chat about the upcoming interest rate update, interesting industry news in the insurance world, as well as our new segment: What's in the news? Tune in now! Show notes: 00:00 - Introduction 00:30 - Bank of Canada rate update 4:45 - Stock market update 5:15 - Bit...

On today's episode, Darren and Christina are back with another series on Nelson Nash's book "Becoming Your Own Banker". They're covering pages 41-47 where Nash breaks down different ways to purchase a car including leasing, financing, paying with cash, and of course our favourite, using the infinite banking concept. Tune in now!  Show notes: 00:00 - Introduction 1:45 - 5 methods to buy a car 2:45...

On today's episode, it's part 3 of the Bitcoin series! Darren and Christina talk about the 3 ways to buy Bitcoin including the easiest least complicated way to do it! They go over the pros and cons of each way including the Bitcoin ETF, custodial exchange, and non-custodial exchange. They also chat about some of the bitcoin horror stories that have occurred recently including the FTX debacle. Tune...

On today's episode it's all about the tax! Darren and Christina break down federal and provincial income taxes and go through what Canadians pay at different income levels. They also chat about the importance of paying attention to your marginal tax rate. Do the rich pay enough in tax? You might be surprised by the answer. Tune in now! Show notes: 00:00 - Introduction 1:55 - Breaking down the fede...

On today's episode, Darren and Christina are joined by Gillian Irving, a real estate investor who specializes in student rentals. The three chat about how Gillian got into real estate investing and what made her decide to pursue investing in student rentals. She talks about what can make them profitable, where the best places are, and why students aren't as bad as you think for tenants! Tune in no...