Tag Archives: make more money in real estate

Closing the Deal – Part 2- Unforeseen Costs

As a full time Canadian real estate investor, we must be creating massive and passive income by facilitating many types of deals. We have to fully understand the scope of every deal, have the capability to analyze it fully and make informed decisions as to the proper exit strategy.

Whether we are purchasing a property for ourselves, for a joint venture project or have the property under contract to assign, we must be able to outline all potential expenses pertaining to the acquisition. Closing costs are a necessary part of the expenses.

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Mortgage Jargon – Part 4

Mortgage Jargon – Part 4

If you missed the previous article – Mortgage Jargon – Part 3

We will continue in our series of Mortgage jargon. As full time Canadian real estate investors, we need to utilize the following definitions as part of our everyday language.

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Becoming a Full Time Canadian Real Estate Investor

This is part 2 in "Becoming a full time real estate investor."

To become a successful full time Canadian real estate investor, we must have a master plan in place. This master plan must outline our goals in terms of acquisitions, financial goals and related time lines.

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The Benefits of a Real Estate Coach / Mentor

Becoming a full-time Canadian real estate investor is not something one should take lightly.  The amateur real estate investor will commonly go out and buy a property, make mistake after mistake and end up costing themselves lots of money and time. They will then run from real estate investing thinking that real estate investing doesn’t work.

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Turning a Tenant Into a Buyer

Turning a Tenant Into a Buyer

As a full-time Canadian real estate investor, we must create various forms of deals to be able to build massive and passive income for ourselves. The way we do this is a continuous stream of income that is produced by short-term holds; creating deals without using any of our own money or incurring any liability, as well as building our portfolio with long-term holds. The latter does not always mean being a landlord. There are many other ways of creating long term holds with monthly income and a very nice backend return.

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Creating an Entourage of Experts – Part 6- Choosing an Insurance Agent

Creating an Entourage of Experts – Part 6- Choosing an Insurance Agent

 

If you missed the previous article – Creating your Entourage of Experts – Part 5 – Choosing a Lawyer

A Canadian full time real estate investor must be not only building massive income, but passive income as well. With massive income, we have short-term holds, flips, assignments, and many other strategies that we discuss in our trainings. The long-term hold  on the other hand, is primarily utilized for monthly passive income,  as well as massive income at some point, depending on what exit strategy is being used.

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Creating Your Entourage of Experts – Part 5- Choosing a lawyer

Creating Your Entourage of Experts – Part 5- Choosing a lawyer

If you missed the previous article – Building your Entourage of Experts – Part 4 – Choosing a Mortgage Broker

A full time Canadian real estate investor needs the best team surrounding them as possible. It is crucial to be able to do many, many types of deals, both conventional and non-conventional.  We also need to be able to do deals involving third parties through joint ventures.

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Building Your Entourage of Experts – Part 4 – Choosing a mortgage broker

Building Your Entourage of Experts – Part 4 – Choosing a mortgage broker

If you missed the previous article – Creating your Entourage of Experts – Part 3 – Choosing a Realtor

As a full-time Canadian real estate investor, we need to create a team around ourselves that is the most powerful team to build our success. In order to build our success, we need to rely on particular people that we have chosen, and be able to delegate tasks expecting that they will be done correctly and on time.

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Creating a Bird Dog Network Part 3

Creating a Bird Dog Network Part 3

If you missed the previous article – Creating a Birddog Network Part 2

As a full-time Canadian real estate investor, we must do our best to creating massive and passive income. This includes driving more and more deals to us from as many sources as possible.

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Getting The Seller To Pay All Closing Costs

Getting The Seller To Pay All Closing Costs

As a full time Canadian real estate investor, you will come across many situations that involve negotiation. Negotiation is key to your success. Understanding the methods of negotiation and all that is available to negotiate for is crical to making perhaps a good deal even better.

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