Podcast 22: Getting Creative in the Housing Market with Glenn McQueenie

Most people that think they have lost their chance to build wealth in real estate, but there is still opportunity to win in this market. You just have to get a little creative.

Does it have to be one house, one family anymore? Will sellers buy down mortgage rates? Developers putting in second dwelling units? How about seniors with lots of equity in their homes? Tenants in non-rent controlled buildings?

There are so many possibilities given our current landscape. It's no wonder why Glenn calls it a crisis and an opportunity at the same time.

Read More
Podcast 21: Landlords vs Tenants: Who Pays For The Rising Cost Of Housing?

I got invited to speak on a round table on CBC The National, our national public broadcasting station. It was such an honour to be there representing the landlord’s perspective.

It’s such a polarizing issue, they had to cut it down to 11 minutes but we could have gone on for hours. We did actually, off camera.

So here we are, discussing the very same topic with the team. It’s an honest conversation from both sides of the spectrum, as we have renters, owners, landlords, and combinations of the mix at this table. We are becoming a renter nation, and a handful of landlords are having to bear the rising cost of housing. Tenants on the other hand, find that landlords are taking advantage of their situations, gouging them for the right to live. These are the extreme views of course, so let’s discuss.

Read More
Podcast 20: Your Home Equity Belongs To The Government with Danny Ibrahim

Everybody goes and says, “I built equity in my house. I bought this house". A year later, it's worth $400,000 more. Sure. So you ask them or her, “what did you do to the house?" What have you done to the house to make it worth $400,000 more?”

Who put that? Who put that money inside that house? The government, obviously the government, through quantitative easing. It's diluting money, making it worth less great inflation. Sure. And inflation. That house belongs to the government. That equity belongs to the government. If they want to take that money back, they're taking it back right now.

As we are in an environment where interest rates are rising the quickest in history, times are getting tougher economically for everyone and it's top of mind. What can we do in this scenario?

Read More
Podcast 18: Triplex conversions as real estate investments

Doug Ford just recently announced his plan for more housing. We need 1.5 million houses in Ontario in the next decade. And traditionally that's 150,000 units per year. In 2021, we've delivered 100,000 housing completions, but that’s an all-time high. We’ve typically only built around 40,000 to 60,000 units per year. So we need to be super aggressive on building these homes. Today, we are going to be talking about how to convert single family homes to triplexes, and whether or not you should.

Read More
Podcast 17: Are We Near The Bottom Of The Real Estate Market? With Michael Ng

Let’s talk about the current state of the market, and try to answer the big question: are we near the bottom of the market?

I’ve been in the real estate business and in the real estate market as an owner for almost two decades. I've seen a lot of ups and downs, and I want to share with you my thoughts on whether or not we're near the bottom. So let’s talk though it.

Read More
Podcast 16: Real Estate Brokerages – Is There A Future For In-Person Offices? With Donny Mangos

The real estate brokerage business is changing. The pandemic has forced people to adopt the progression of the internet, and more realtors are helping their clients buy and sell homes without ever having to step into a real estate office. Some other brokerages have actually closed their physical offices and moved to a purely online presence. Is this the future of the brokerage industry? Or will there always be a place for in-person brokerages?

Read More
Podcast 15: How This Single Mother Of Two Started Investing In Real Estate

As a single parent in an expensive city, often the dream of home ownership is out of reach. But with careful planning and some creative strategies, it IS possible! In this video, I sit with Michelle Fairburn and her daughters Kamaia and Amoi to discuss the sacrifices they had to make to get on the home ownership train. We also talk about investing with other people's money, and how to make it big in real estate investing.

Read More
Is Toronto's Real Estate Market Grinding To A Halt? What You Need to Know (August 2022)

The number of sales are down by -34.2% year-over-year. What does that mean for the Toronto real estate market? How does it affect you? What about sellers, are they in a panic or rush to sell? Check out our latest market report based on the August 2022 stats from the Toronto Real Estate Market (entire GTA). I'll go through detached vs condo, months of inventory, and the number of sales.

Read More