Well Off Podcast Georges El Masri

Being a landlord in Ontario comes with its own unique set of challenges. From slow eviction processes to dealing with damages left by tenants, these problems can often result in significant financial losses. Kayla Andrade, my guest for this week's episode, sheds light on these issues.

Kayla's journey into understanding landlord-tenant relationships started close to home in her childhood community in Newfoundland. Her early experiences living in government housing offered her a unique insight into the complexities of property management. When the property market in Ontario became volatile, Kayla sought opportunities elsewhere, even if it meant stepping out of her comfort zone.

She noticed that different provinces like Newfoundland were less bureaucratically complicated and more landlord-friendly. In 2010, Kayla founded Ontario Landlords Watch, a platform aimed at helping landlords, property managers, realtors, and paralegals navigate the intricate web of regulations that govern property ownership and tenancy. Her organization works as both an educational resource and a lobbying force, pushing for reform in housing legislation for the betterment of the private real estate sector. 

In this episode, we discuss the following:
The complexities inherent in Ontario's landlord landscape and better navigating them. Understanding of the slow eviction process operational in Ontario and the reasons behind its sluggish nature. Bill 97's influence on rent payment strategies and its financial implications. Significance of scrupulous tenant screening and the role of credit history in securing reliable occupants. Essential advocacy programs and supportive measures available to landlords in Ontario.  You can contact Kayla at https://ontariolandlordswatch.com/ or find her on social media.

FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”

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Check out the upcoming conference that Kayla is organizing at the end of October
Ontario Landlords Watch 5th Annual Private Housing Sector Conference
https://www.eventbrite.ca/e/ontario-landlords-watch-5th-annual-private-housing-sector-conference-tickets-681955085017

This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon

Seif El-Sahly is a self-made entrepreneur who has breathed new life into over 150 units in three years. Born in Abu Dhabi from a family of engineers, he sailed into the Canadian construction industry in 2006, and in just a decade, he went from being an employee to running his own construction company. 

His hands-on approach is rooted in an eye-opening experience in 2016 when he took over an abandoned renovation job and turned it into a showcase of his organic learning. Seif's massive leap from a solo operation to leading a team of professionals in under four years shows his prowess in the field. 

In this episode, we discuss the following:
Transitioning from employment to construction entrepreneurship. The crucial role financial stability and credit status play in the entrepreneurship journey. Secrets to forging long-lasting relationships with subcontractors in the construction industry. Unfolding the myriad options and pivotal considerations before venturing into building garden suites. The code on the timeline, permits, and financial strategies needed for successful garden suite projects. You can contact Seif via his website at www.newfore.com
Or on LinkedIn https://www.linkedin.com/in/seifelsahly/

FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”

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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon

 

To solve the housing issues faced in Canada will require innovation. Our guest this week, Ben Julius, approaches the challenges of land use and best building use with a creativity that sees a 91 lot land development turn into 132 lots and unit space for 1200 square foot apartments turn into two apartments leveraging technology. 

As an active real estate developer and founder of Lionheart Development, a thriving land development company based in Southern Ontario, Ben is the go-to guy for liaising between planners, construction companies, and municipalities looking for more affordable housing options. 

His journey into real estate began in 2017 when he successfully joined multiple parcels of land and managed to rezone a property from housing 91 units to a whopping 132 units. His distinct approach has seen him oversee projects with impressive assets under management of $200 million. 

In this episode, we discuss the following:
From Ben's professional basketball coaching experience, discipline and adaptability play a crucial role in entrepreneurship. Ben's unconventional solution to the construction industry's labour shortage—leveraging the potential of incarcerated individuals. Revolutionary ways of maximizing equity accessibility and innovative designs in real estate based on Ben's viewpoints on mortgage products. How to navigate obstacles and alter strategies in real estate development, inspired by Ben's experience with project redesign and exit strategies. You can contact Ben at https://lionheartdevelopment.co/ or find him on social media.

FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”

Did you like this episode? Please take a moment to subscribe and leave a review today!
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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon

Darren Voros is a seasoned real estate investor and developer with an innate grasp of the intricate dynamics inherent to property investing. His trajectory is as remarkable as it is unique, transitioning from a globetrotting musical theatre luminary to an adept and hands-on real estate magnate.

From his formative years gracing stages worldwide to orchestrating the management of a robust real estate portfolio valued at $30 million, his narrative resounds with echoes of passion and unwavering perseverance. As a self-made entrepreneur who has meticulously cultivated over two decades of investment acumen, he exemplifies resilience and unyielding entrepreneurial zeal. 

In this episode, we discuss the following:
Secrets to prosperous real estate development. Strategies to increase your revenue and minimize loss in real estate investments. Benefits of adding garden suites and laneway suites to your property. Potential impact of legislative changes on the multi-unit properties. Strategic property additions and commercial financing to enhance your property's worth.  You can contact Darren at https://www.darrenvoros.com/ or find him on social media.

FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”

Did you like this episode? Please take a moment to subscribe and leave a review today!
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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon

 

Cameron Griffith is a real estate maverick who unexpectedly stumbled upon the secrets of profitable investing. Hailing from a large family in Ontario's heart, his journey commenced when he channelled his competitive spirit during a recession by purchasing a wartime home. Little did he know that this would begin his remarkable venture into real estate.


Balancing his successful elevator business alongside property investments, his unyielding determination paved the way for new opportunities. As the pandemic emerged, he fearlessly embraced rental arbitrage and the Airbnb model, skillfully transforming challenges into promising prospects. Witnessing the potential in this approach, he strategically leveraged it into a thriving enterprise.


Now, with his eyes set beyond the borders of Canada, he is determined to establish his stronghold in the American property rental space, showcasing both his tenacity and the power of intuitive real estate investing.

In this episode, we discuss the following:
Intricate paths of successful real estate investing experiences. The decisive advantages of rental arbitrage and the innovative Airbnb approach. The intriguing elements of Toronto's rental market and its potential opportunities. The art of securing favourable rental contracts to fortify your investment strategy. Creating a prosperous Airbnb business and enhancing its profitability. You can contact Cameron through 24-hour call line: 289-635-1622 or visit the following:
Website:www.midlothiansuites.com
Instagram: @camerongriffith88
                    @midlothiansuites

FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”


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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon

Zack Brittain is a real estate enthusiast who entered the industry in his mid-20s, inspired by a book from his mother. Despite initially having no interest in real estate investment, he embraced the field and shaped his career and wealth. Starting as a realtor, he learned valuable lessons about setting realistic goals and the importance of patient investing.

His success story emphasizes taking calculated risks and seizing opportunities at the right time. He became a successful real estate investor before turning 30, all thanks to the knowledge gained from "The Wealthy Barber" book and his first-hand experiences in the dynamic real estate market. Zack's journey from a rookie with high expectations to a shrewd investor and business owner offers valuable advice to new and seasoned real estate investors.
 
In this episode, we discuss the following:
Prolific strategies and hard-earned lessons from top real estate investors. Setting achievable milestones and developing a balanced outlook on real estate opportunities. Robust knowledge uptake concerning finances and investment. Impact of aligning with synergistic partnerships and linking with like-minded real estate peers. Embracing uncertainties, calibrating your risk tolerance to seize latent opportunities in the property market.  You can contact Zack by visiting: https://phippsbrittainrealestate.com/ or find him on social media.

FREE REPORT: Download our free report: "Multi-Unit Renovation Operations Order - A Guide to Starting a Renovation”


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Did you like this episode? Please take a moment to subscribe and leave a review today!
Youtube
Spotify
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This episode has been brought to you by Don Chen, Mortgage Agent, Pineapple.
Tel: 647-961-3281
Email: don@gopineapple.com
Follow on Instagram and Facebook @themortgagedon