Guide 2 the Grind

Today’s episode of the “Investment Property Income” podcast was a really interesting experience for me personally. If you’ve listened to a few of our podcasts, you know that Geoff and I have a good time and poke fun at each other along the way. It’s all good natured, and we try to keep the atmosphere light. This time around though, Geoff really challenged me. Not in a bad way, but in a way that ma...

Have you ever heard of the “the curse of knowledge”? Simply put, it’s what happens when you become masterful at anything in your life. You’ve acquired so much knowledge that you don’t remember what it’s like for someone that’s just starting to learn.  This is really common with entrepreneurs and business owners. They know so much about their business and tend to throw so much information at someon...

It’s the day before St. Patty’s day, and to me that’s always the unofficial start of spring. As mentioned in my last email, that brings the spring market, and with the spring market comes another round real estate celebrities selling the next best course for investors.  Now I’m not about to start bashing them. It’s just that my philosophy has always been, if you’re going to spend several thousand...

I don’t know about you, but I meet the spring time change with mixed emotions. Yes it’s the end of winter, and the start of nice weather, but I also lose an hour. I am acutely aware of just how precious time is, even a single hour.  Jim Rohn said it best with his quote, “You can get more money, but you cannot get more time.” As the spring market rolls in with the nice weather, timing is everything...

A number of years ago I was sitting with a group of friends, and one of our other friend’s name came up. By this point in life he’d done very well for himself by investing in real estate early.  As we were sitting there talking about how he’d become rich, and had a lifestyle that many will only dream of, I was surprised by the comments that followed next.  We all agreed that we’d love to be rich a...

It’s quite incredible how the hint of spring in the air really lifts people’s spirits. Just the anticipation of nice weather, and being able to spend time outside again, has people feeling better.  But it’s not here yet.  Now we know it’s going to happen eventually, but we don’t know exactly when. In anticipation of its arrival, we’re already doing things like booking campgrounds, buying summer st...

It’s no secret that the entire landscape of the real estate market has changed in the last year. Over 50,000 people left Toronto alone in 2020.  So what does that mean for you? Well, depending on your mindset, it either means a time doom and gloom, or a time of prosperity you may never experience again in your lifetime.  One of my mentors taught me that real estate is a long play.  There will alwa...

Anyone with a long enough memory can remember the last days of the 1980’s, when mortgage interest rates were insanely high. Folks have told me that they were paying 18 or 19 percent interest on their homes. Here we are some 30 years later, and obviously the entire landscape has changed. Not just in Canada, but the entire world.  Now, more than ever, we feel the effects of what happens on the other...

L et’s talk turkey about commercial financing.  There’s a lot to this topic, because there’s a lot of different types of commercial financing. There’s of course the straight up commercial building which we’re all familiar with, but what about mixed use properties, or multi-family residential, or if you own more than five properties as an investor.  Of course you can drill down even further into al...

The March 1st deadline for RSP contributions is coming up soon, and I thought this would be a good time to dispel some of the myths and legends around using your RSP to buy a home.  I’m not going to talk about whether RSPs are good or bad, but there are a couple of things that we should definitely know.  Let’s start with the first time home buyer program. That’s what most people think of when it c...

I don’t get upset often, and confrontation really isn’t in my nature, but sometimes I just have to speak up when I see something misleading.  I’ve seen numerous different companies advertising systems to help you pay your mortgage sooner, save tens of thousands of dollars in interest, make you sleep better, get better looking, lose weight, run faster, all for the low low price of……….. This really...

For years I remember seeing those commercials marketing the reverse mortgage to seniors. As my partner Geoff would say, they always seemed to play during re-runs of Matlock and Murder She Wrote.  For a lot of people, this seemed to leave a bad taste in their mouth.  Maybe it was the way it was marketed, maybe the face that it seemed to be targeting seniors, or maybe……….we just didn’t understand it...

In this episode we talk about the ups and downs of private lending. Things to look out for, and how to use it properly as a part of your investing strategy.  www.guidetothegrind.com

We designed the material around the “ Investment Property Income ” system to help folks thrive in regular times, and speed up their process exponentially in times of opportunity. First we start with what you truly want, then naturally we see how easily the system works over time.  www.guidetothegrind.com

Is it better to have bad credit, or no credit?  How long do bankruptcies and consumer proposals stay on your history? How do you repair your credit fast? We'll talk about all these challenges and more on this episode of the Investment Property Income Podcast.  www. InvestmentPropertyIncomeBook.com www.guidetothegrind.com

In this episode of the Investment Property Income podcast, we talk about when to refinancing vs. simply renewing your mortgage. The advantages, uses, and disadvantages of both. As well, we discuss the different ways of structuring a refinance to make it as suited to your current needs as possible. If you have any questions, or would like to be a guest on the show, feel free to send us an email at...

Today tax expert, and realtor, Trifon Chaitas joins us to talk about the tax implications of real estate investing. We'll dispel some of the myths and mindsets around taxation, and most importantly...explain how and why to get "free money" for real estate investors.  www.guidetothegrind.com

In todays' episode we'll cover the Purchase Plus Improvements home loan, and exactly what you need to name it happen.  www.guidetothegrind.com

In this episode we talk about mortgage insurers, and how to skirt the rules to get your second property with only 5% down as opposed to the normal 20%. www.guidetothegrind.com

We dive into helping business owners understand how they can get qualified for financing, even though they may not be declaring much personal income.  www.guidetothegrind.com

Mortgage Penalties can cost homeowners tens of thousands of dollars. Knowing what they are, how they're calculated, and how to minimize them means everything when signing your mortgage contract.  Know the difference, and know the true cost, before you sign anything! www.guidetothegrind.com