Real Stories In Real Estate podcast

#033 RSIRE Brady Bodley On Dealing With The Landlord Tenant Board In Ontario   Brady Bodley is a Durham-based lawyer with Thomas Efraim LLP. He has much experience with the landlord tenant board, for many reasons. He's here to discuss many of the challenges he's seen, how COVID made hearings more challenging, and some of the good things that the LTB does here in Ontario.   Join host award winning...

#032 RSIRE Kevin Harding Buying A Cottage For A Short Term Rental Business   Kevin Harding is a Durham-based real estate agent, and has owned traditional rental properties that come with tenants and toilets. His wife and he were looking for something different, so decided to buy a 4 season cottage to use a few times a year, then rent out the rest of the time. While this can yield amazing financial...

#031 RSIRE Denise & Gabriel Share Their Experience Building A Legal Basement Apt In Their Home   Denise and her husband Gabriel found their dream home, it was the 3rd house they would buy, but it checked all the boxes. Both had a long drive to the office, and could not get to their daycare in time, so looked for something closer. They looked at Markham and other areas, but decided on Brooklin,...

#030 RSIRE Denise & Gabriel Share Their Experience Buying A Home Before Selling   Denise and her husband Gabriel found their dream home, it was the 3rd house they would buy, but it checked all the boxes. Both had a long drive to the office, and could not get to their daycare in time, so looked for something closer. They looked at Markham and other areas, but decided on Whitby, closer to Gabe's...

#029 RSIRE Milli Fox Shares Her Experience Getting To Her Dream Home   Milli Fox and her husband Junior decided to purchase a pre-build 3 bedroom condo, based on plans and thought it would be perfect for their life. Milli had resisted the suburban life, and envisioned a perfect life downtown. By the time the condo was ready and they were conducting their PDI, pre delivery inspection, they had a 2....

#028 RSIRE Nicolee Evans - Her Experience With Bridge Financing   Nicolee and her husband were living in their first starter home, before she was a mortgage agent, and it was beginning to feel cramped. She decided they needed something bigger, but her husband wasn't quite on board, so began a purposeful search.   Her friend suggested another friend had a house for sale, although it wasn't listed y...

#027 RSIRE Mohamed Bachani - Buying With a "B" Lender & Moving To an "A" Lender   Mohamed Bachani is a Durham Region-based accountant, founder and president of Unique Accounting Services, an Accounting and Bookkeeping firm that helps Canadian small and medium sized businesses with all their bookkeeping, taxation and accounting.   He wanted to move from renting to owning, was pre-approved and h...

#026 RSIRE Johnathan Pollock Shares The Ups & Downs Of Being A Landlord     Johnathan Pollock has been a landlord for the last 6 years, and chats with Denise about the challenges and benefits of being a landlord.    While real estate is an amazing tool to grow your wealth, it is NOT a passive investment, requiring you to stay on top of your money and know what's going on with your tenants.   ...

#025 RSIRE Brady Bodley Shares Info On The New Anti-Flipping Tax Law Brady Bodley, lawyer with Birch Law, joins Denise in discussion of the new Federal Anti Flipping law, coming into effect in January 2023. What does the bill aim to accomplish? The Canada Revenue Agency (CRA) has already been investigating and enforcing residential real estate that was being flipped or assigned and not properly re...

#024 RSIRE Farah Dhalla Shares How Staging Makes a Difference in Home Sales Have you been to an open house or a house viewing and were wowed by how neat, tidy and organized the house was? Chances are it was professionally staged. We all get busy day to day and leave our homes a bit unorganized, but that can be a deal killer when you're trying to sell your home. Many people can't see past the clutt...

#023 RSIRE Todd Miller 2nd Time In The Rental Market Purchasing investment real estate can be rewarding and challenging, and sometimes both! Sometimes you are stressed and overwhelmed and want to sell your rental properties. Todd Miller experienced this a few years ago, after purchasing an investment property that was empty when he and his wife bought it. Instead of an exhaustive search and screen...

#022 RSIRE Julie Gill Separating and Selling A Home What happens typically when a couple separates and they have a matrimonial home? Do you sell and both move? Does one partner buy the other out? Julie Gill experienced this a few years ago, and had small children that went to local schools, so her thought originally was to buy her husband out so that the kids could stay in their local schools with...

#021 RSIRE Using An Accountant To Watch Your Bottom Line You want to be a real estate investor…perhaps you already own a few properties, but do you have a good handle on the finances of your investments? What can be written off? What can't be? Can you pay your self as property manager? Is my HELOC deposit taxable? MIKE LIBBY is a Durham-based Chief Operations Offices of Your bottom Line, an accoun...

#020 RSIRE Buying A House In Rough Shape KAELEIGH NADEAU is a Durham-based designer and renovator that found a great 2nd investment property. The house was cute, but it was currently tenanted and was dirty, which make it harder to see the potential. She did a walk through and as a designer, could see what she wanted opened up, and what was to be closed off. Were there horrors lurking behind the wa...

#019 RSIRE Using Equity To Buy A Rental Properties CRISTIN TEDFORD is a Durham-based realtor that decided to advantage of the equity in her family home to purchase another property, to eventually help her kids have a place to live. Was it easy, was it a hands-off investment? No, but there is no other single investment vehicle that gives you the control and flexibility that real estate offers. Did...

#018 RSIRE Buying A Property & Renting To Students TANJA COUGHLAN is a homeowner that wanted to purchase a new build and either rent it out or sell it, after the 2-3 years it would take to build the subdivision. They had been thinking of purchasing another property for some time, and  put a small deposit on it initially, then the balance of $20,000 and waited for it to be completed. When offer...

#017 RSIRE Construction Financing a Major Renovation KIRSTEN MCGOEY is a Durham-based photographer that specializes in commercial and corporate photography. She and her husband moved from Toronto to the Durham area, and bought a very small 820 sqft bungalow. It had 2 bedrooms and kitchen/bath on the main floor, but wanted to put on some additions, and it was not suitable for her family of 5. Unlik...

#016 RSIRE The Smith Manoeuvre ROBINSON SMITH operates Smith Consulting Group Ltd, out of Sidney, B.C, on Vancouver Island. Robinson joined his father, Fraser, at Smith Consulting Group Ltd. back in early 2006 when he returned to Canada from Asia in order to be closer to family (his mother missed him…) and began to take over the family business.  Robinson has since been advising hundreds of famili...

#015 RSIRE Selling Your Home And Renting Instead Samuel Springer is a Durham Ontario-based insurance professional, that truly enjoys his work. And although he was a homeowner, BEING a homeowner doesn't bring him joy. After a few issues and some leaks, Samuel and his wife decided to sell their condo and rent a property instead. One of the 'pros' is, when something goes wrong, you pick up the phone...

#014 RSIRE Owning 3 Properties At 28 Years Old Michael Durham is a Durham Ontario-based landscaper, that truly enjoys his work. It brings job satisfaction, joy at helping customers enjoy THEIR properties even more, and a salary. While this is great, Michael always had an eye to the future, and retirement. Perhaps Michael didn't want to depend on the Canada Pension Plan and RRSPs, so he started inv...

#013 RSIRE Buying A New Build From a Builder Tanya Sanza and her husband wanted to upsize, and spotted a new subdivision near where they lived. They were currently in a 1000 SQF home, and wanted something a little bigger. This was going to be their 2nd new build that they purchased. While some buyers of new builds are distracted by the nice finishes and sweeping staircases, Tonya has developed a r...

#012 RSIRE Aging In Place Deborah Schroeder and her mom lived in 2 different cities - Deborah downtown Toronto, and her mom in Ottawa. Her mom wanted to downsize, but didn't necessarily live alone and wasn't sure if she wanted to see her house. Deborah loved her condo, but wasn't sure she'd be able to keep it. They decided to move in together, but in Whitby, so that Deborah could continue to work...

#011 RSIRE Buying a Home With Unique Heating Jackie Schagen and her husband wanted to buy a house, and were more adventurous than typical buyers. They wanted to see EVERYTHING, no matter what the issue was that other buyers pushed back on. One of the houses they saw had no ducts, and baseboard heating! Many stories have been told about the cost of baseboard heating, and with no ducts you can't hav...

#010 RSIRE Refinancing for Renovations or Debt Consolidation Alex Wilkins and his wife decided that they equity in their home was not being put to good use. Alex had decided to set up his own business, and needed start up capital to ensure a smooth start. They were surprised how much equity was in the the home, and they had to decide how much they actually needed and whether they could use funds f...

#009 RSIRE The Adventure Of A Major Renovation Cindy Sgroi and her husband bought an old home in Whitby and loved the lot, but decided to build an addition and a garage. It started as a big project and got even bigger! They went from a 1000 sq ft bungalow to a 2500 sq ft home with a 4 car garage. They love the character the 'new' house has, and they enjoy it more than they would have had they torn...