Category: Mastermind (9)

Laneway housing has revolutionized cities like Vancouver and it’s here, now in Toronto. If you’re not familiar with laneway housing, the concept allows the use of the many laneways, which are typically used to access garages and other spaces, and allows for housing development along the laneway. Laneway housing is important to Toronto as it allows for both gentle densification and meets the requirements of the Official Plan.

Savvy developers and seasoned investors are already starting to take advantage of laneway opportunities. Learn how to invest strategically and plan for this massive change to the Toronto housing landscape!

We have an expert in the industry, Daniel Hall, coming to teach us all the critical elements of laneway housing. During this meetup we’ll answer questions like:
– How do I avoid development fees – I heard the can cost upwards of $30k?
– How can I avoid going to the Committee of Adjustments, adding months to my planning process?
– What’s the fastest way to build a laneway house? Are there spec builds out there?
– How can I identify a potential laneway property? What are the zoning rules?
– I heard that you need to be near a fire hydrant, is that true?
– What’s the best way to get services like water, sewage, and electricity to my laneway house?
– What are the parking requirements for a laneway suite?

You don’t want to miss this opportunity to learn about laneway housing in Toronto!

You can access the Meetup slides and video here


Daniel Hall, O.A.A. is the founding principal of The Architect Builders Collaborative Inc, a progressive Architecture and Design studio focussed on delivering great green design. As a licensed carpenter, with the perspective of over 15 years hands-on experience building in addition to 20+ years of exploring architecture, Daniel ensures that our designs will be able to be built efficiently and cost- effectively. Most recently, the firm has been developing smart, eco-friendly prototypes for cost-effective Laneway Suites in Toronto. Daniel was invited to present research and designs to an audience of professional planners, architects, and urban designers as part of the inaugural Spacing School of Urbanism seminar series. He regularly provides informational seminars on the ins-and-outs of Laneway Housing.

You can access the guest speaker’s slides here 

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Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

When people think about development, they think of it as something reserved for rich, well-connected people. They envision high-rise condos, large commercial projects, or huge sub-divisions. This isn’t reality. Development can be as simple as splitting a large lot or building purpose rental homes. Most importantly, development is something the average person can work towards!

What is reality is that development isn’t easy to learn – there are no courses, no books and certainly no seminars on development. The only way to learn is from someone else and most people don’t know someone who is a developer within their network – but we’re well connected at Volition!

On July 17th, come listen to Jin Kim, founding partner of Golden Triangle Development and learn about his journey from a regular IT guy to building a subdivision of townhouses. Learn about his use of creative financing strategies and entrepreneurial grit to go from a regular 9-5 job to running a development and renovation company!

You don’t want to miss this rare opportunity to get a glimpse into the world of real estate development!

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Jin Kim is a real-estate expert and financial consultant based out of Toronto. He is the founding partner of Golden Triangle Development, where they specialize in urban transformation and infill property development. Jin has more than a decade’s worth of experience in real estate investing and mortgage funding for clients. Prior to founding Golden Triangle Development, Jin amassed a diverse portfolio of rental properties in Toronto, Chatham, and Hamilton.

Jin has a Bachelor’s degree in Structural Engineering from the University of Waterloo, a fine arts degree from OCADU specializing in sculpture, and over 10 years of professional experience in architectural IT management. Jin lives in the Little Portugal neighborhood with his wife, Celine, and daughters, Eloise, and Eden.

You can access the Meetup slides here 

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Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

Have you always wondered how the world of executive rentals work? How are some investors able to get $3000, $4000 sometimes upwards of $5000 in rents on their condos? Join us to hear Rick Aubry speak! Rick is the Managing Partner at Premiere Suites and will be teaching us all about the world of executive rentals!

For most unsophisticated consumer-level investors, cashflow negative between $200-$400 is a reality when buying a regular investment condo. As sophisticated investors, this isn’t good enough for us. We are supposed to be sophisticated, so let’s act like it!! By thinking creatively and strategically, we can potentially offset or circumvent this negative cashflow. Executive rentals may be the solution: it may be the rental strategy that we employ in order to support your acquisition strategy, allowing you to continue to invest.

More importantly, learn how this can potentially creates a new opportunity for making condos work again… opening the door to investing in Toronto with lower amounts of investable capital. While we still believe in triplexes in downtown Toronto, not everyone has $300-750k of capital available to be able to buy/create a luxurious cashflowing triplex. But perhaps you have $150-200k of capital available? Wouldn’t it be great to also be able to cashflow positive with lower amounts of capital… WITHOUT having to go outside Toronto to the smaller, more risky towns just because it is “cheaper”? While at the same time, rest assured knowing that your property is being occupied by an corporate executive level individual who treat the property like their own?

 

You can access the Meetup slides and the Meetup video here 

 

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Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

 

 

The very first book I read that started me on the path to become a real estate investor, was Rich Dad, Poor Dad. In that book, Robert Kiyosaki uses an analogy on how wealth is built.

Think about wealth as water and your finances are a bucket holding that water. Most people have one tap filling that bucket – their job. But they’ve got lots of holes in that bucket – bills, car payments, their mortgage, and **TAXES**. To build wealth, you’ve got to turn on as many taps as possible and close as many holes in your bucket as possible.

Improper tax planning can be one of the largest drains on your real estate investments, so join us on March 20th and lean how to pay less tax! We’ll be covering topics like:

Corporations – When should I incorporate? Should I buy in a corporation? Taxes on corporations? Active vs passive income? Business corps – using profits to invest?
Estate Planning – How do I pass my assets down to the next generation?
Taxation Best Practices – What is building depreciation and why is it important? What is eligible for interest deductibility? How do I deduct the interest of my HELOC?

It’s essential to understand these things even if you only have one property. If you’ve already accumulated a few properties, it’s even more important to correct any mistakes you’ve made. Bad planning can completely kill some investment business cases, home flipping for example, so come learn how to do things right with one of the best in the industry!

Peter is a Real Estate Investment focused accountant and well known in the investment world. He regularly presents in front of hundreds of people at REIN meetings and is making the trip from Kitchener to speak to our group. His accounting firm provides strategic accounting and taxation services to grow your business and and protect your real estate investments. His partner George Dube literally wrote the book “Tax, Accounting, and Legal Strategies for the Canadian Real Estate Investor”.

Their services include:
> Assurance Services
> Business Advisory
> Real Estate Tax Planning and Structure
> Retirement & Estate Planning
> Tax Consulting
> Business Tax Compliance
> Personal Tax
> US and International Tax Services

To ensure that we are covering topics that are relevant to YOU, email your questions or scenarios to ming@volitionprop.com and we will “incorporate” them into the presentation… 😉

 

You can access the Meetup slides and the Meetup video here 


Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

This is an ADVANCED-LEVEL MORTGAGE PLANNING session. This doesn’t mean you have to be at an advanced-level and/or expert in order for this to be applicable to you, this just means that the LEVEL OF SOPHISTICATION that we will be bringing is top-notch.

Financing is the SINGLE BIGGEST CHALLENGE facing real estate investors. There are only two types of real estate investors out there: ones who HAVE run out of money, and those who WILL run out of money. It’s no wonder when we polled our members, a session on mortgage planning was their #1 pick.

We strive to solve problems, so we’re bringing in a titan in the industry, David Goncalves to analyze your financing in REAL TIME. David Goncalves (award-winning Mortgage Broker who specializes in real estate investors) has funded over $1.5 BILLION in mortgages. David is MASTER at finding untapped opportunities within your real estate portfolio. Imagine being able to capitalize on higher returns and reach financial freedom even faster thru restructuring your real estate portfolio and mortgage portfolio?! David can make this a reality for you. David usually packs full auditoriums of people when he speaks at events across the country, so COME AND TAKE ADVANTAGE OF THIS INCREDIBLE OPPORTUNITY!!

FOR THREE LUCKY PEOPLE, DAVID WILL ANALYZE THEIR SCENARIOS – BUT THERE IS ONLY ONE WAY TO SIGN UP!

GIVE US YOUR PROBLEMS!! If you’re a first time buyer, we want you; if you have a bunch of properties, we want you too; heck if you’ve got multiple corporations, self-employed, have to consider estate planning, give us your toughest scenario, we want you too!

This won’t be one of those sessions where there are a bunch of “ifs” “maybes” “I need to see documents”, FOR THOSE WHO VOLUNTEER AHEAD OF THE SESSION, we will ensure that we get all the right documentation and numbers ahead of time, so that you’re essentially getting a custom planning session from David! THIS IS A FIRST COME, FIRST SERVE BASIS, so please reach out ASAP!

You can access the Meetup slides and the Meetup video here 

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Volition Properties
www.volitionprop.com

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

** OUR POPULAR ANNUAL INTRODUCTION TO REAL ESTATE INVESTING **

The holidays are done and the credit cards have been filled just as high as stockings. January is looking tight and KEEPING YOUR JOB is on your mind, let alone early retirement. If this is you don’t beat yourself up – in fact almost *50%* of consumers go into debt to pay for Christmas. THIS WAS ME 18 years ago. Faced with huge student debt, holiday costs and getting laid off during the dotcom crash. Good thing I had started investing in real estate and had a reliable second source of income. Since then, our investments have grown considerably over the years and the Volition Team has now helped invest over $110M in real estate!

What we will be teaching is our systematic method for investing in real estate based on our years of experience! STOP THE CYCLE! Do something in 2019 to achieve financial freedom. Learn to make real estate work for you!

During our session we’ll be answer questions like:

Where do I invest? How to identify the best places to invest. Small towns, big cities?
Is now the right time to invest? How to know if this is the right time to buy an investment property? Should I wait?
How do I buy the right property? Are condos good investments? Should I buy multifamily?
Where do I start with $50k, with $100k, with $300k? With different amount of investment funds, there are different strategies to take.
How does real estate actually make money? If you think it’s about buy low, sell high, you only understand a small part of real estate investing!

Make a change this year. Keep that promise to yourself that you’re going to learn to take control of your finances and make work optional. If you have ever thought about investing in real estate this, you don’t want to miss this session!

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Volition Properties
www.volitionprop.com

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto! ming@volitionprop.com

During last month’s Street Smart Tour, we checked out 3 awesome cashflowing investment properties.  All of them were in the $7800-8200/month rent range, which is amazing… but they were also in the $1.75-1.85M range 🙁

These are the types of properties that we aspire to as sophisticated real estate investors.  But unfortunately, the reality is that only the 1%ers can actually ever afford to purchase them.  Right? Right?? WRONG!!

 

You will be able to purchase them too!!  Eventually. Maybe not today, maybe not tomorrow, but eventually.  How do we know this? Because we understand the mechanisms through which one builds wealth in real estate, and because we know this, we understand the “Stepping Stone Approach” to eventually reach our “Gold Standard” property.  And this is what we want YOU to also understand.

 

The focus of this session is to help you understand the journey to eventually reach MASSIVE CASHFLOW… not the $100-200/month that you might get from your properties today, but the $5000-10000/month type of cashflow that will truly impact your life, perhaps allow you to retire early, and help you reach your Belize (i.e. Life Goals).

 

The “Stepping Stone Approach” is a very fundamental concept to understand in your journey to eventually reach MASSIVE CASHFLOW.  Essentially, it is the concept of starting with smaller assets, building equity over time, and then leveraging that equity to grow your portfolio.  Many others also teach this concept (or a similar concept); however, the MISSING piece that very few explain is the follow through to the end game. As a result, investors know how to grow their portfolios, but they don’t know what to do after that.  We will teach some core concepts in order to help you understand how to TRANSFORM that hard-earned equity into MASSIVE CASHFLOW.

 

This approach is a preferred alternative to simply buying a property and then paying it off over the course of 30 years!  

 

(SPOILER ALERT: The outcome is that we will own MORE PROPERTIES FULLY PAID OFF in LESS TIME!!)

 

We will track Tommy & Gina, starting off in the school of hard knocks (he works on the docks, she works the diner all day), as they progress in their real estate journey from owning a condo, to more properties, and eventually reaching a massive passive income stream through their real estate portfolio.  

 

There are times when they feel down on their luck, and it’s tough.  But what they don’t realize is that they’re already halfway there! They also realize that it doesn’t make a difference whether they “make it” or not, because when they reflect upon where they are, they are actually much farther ahead than they initially realize.  Through the ups and the downs, they vow to persevere, because they don’t want to be just another face in the crowd. They know they aren’t going to live forever, so they have to start early so that they have time on their side… and so they can retire early and live while they are still alive.

 

Tommy and Gina’s story is really the story of all of us.  Like them, we gotta make our own breaks and get started, because if we don’t start today to leverage the power of real estate, tomorrow’s getting harder, make no mistake.

 

We at Volition want you to take our education, personalize it and apply it to your own situation, and like Frankie “Do it your way”.  Never back down, because ultimately you are making progress NOT because you are lucky (because really, even luck ain’t that lucky), but because you stood tall and stood your ground.  But more importantly, you’ll know that it’s about taking action, even in the face of uncertainty, and doing it now or never. Then nothing… not the market, not interest rates, not Trump… will detract you from you achieving your dreams.  Jon Bon Jovi knows this. Timmy & Gina know this. We know this. Now you too will know this.

 

Anyway, back to the current decade again – bring your notebooks and calculators… this is going to be a working session and less about airy-fairy theory and more about actual number crunching of various scenarios using pre-construction condo as the starting point, to see how to eventually get to a healthy passive income stream… and to also see how long it will realistically take to do so.

Nov 15, 6:30pm-10:00pm

RSVP NOW!!!

Entry Fee: The workshop is $20 at the door or $15 when you pay online!

Schedule:
6:30pm-7:00pm: Arrival, meet and greet and networking
7:00pm-9:00pm: Presentations begin at 7pm SHARP
9:00pm-10:00pm: Networking

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Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto!

September 20, 2018 – Volition Real Estate Investment Mastermind 

LANEWAY SUITES! Learn what it takes to build and invest in laneway homes!

Question: What’s our number one job as real estate investors??

Answer: **To put our money to its highest and best use!!**

 

With rising costs of property in Toronto, however, this is getting more and more difficult to do. Is the answer to look outside of Toronto for cheaper properties? No! As sophisticated investors, we know that along with lower prices comes increased risk. So what’s the answer? DENSIFICATION!!

Laneway housing in Toronto has been a LONG TIME COMING for us investors, and will allow us to maximize the returns on our properties. Laneway suites can offer some of the highest ROI in Toronto for existing landlords who already own freehold investment properties with a laneway (i.e. single family, duplex, triplex, fourplex, etc), where a unit which cost $[masked]k to build can be rented out for $2000 a month. That’s double the return of a condo.

Eldon Theodore, Partner at planning firm MHBC, will be joining us to discuss the opportunities and challenges around the activation and optimization of laneways through infill housing. We’ll discuss the benefits and shortfalls of the recent Laneway Suite Guidelines approved by City Council. We’ll run through real-life examples of applications to understand how to navigate this process!

Eldon Theodore is a Partner at MHBC with a dual specialization in planning and urban design where he has been practicing for 16 years. Eldon holds an Honours Bachelor Degree in Urban and Regional Planning from the University of Waterloo and a Masters in Urban Design Studies from the University of Toronto. Eldon is also a LEED Accredited Professional and has been trained under the National Charrette Institute System for conducting community charrettes.

Join us on Thursday, September 20th to learn about TORONTO LANEWAY HOUSING!!

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Aug 16th, 6:30pm-10:00pm
RSVP NOW!!!

Entry Fee: The workshop is $20 at the door or $15 when you pay online!

Schedule:
6:30pm-7:00pm: Arrival, meet and greet and networking
7:00pm-9:00pm: Presentations begin at 7pm SHARP
9:00pm-10:00pm: Networking

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Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Contact us today for any questions about investing in real estate in Toronto!

 

April 19, 2018 – Volition Real Estate Investment Mastermind
Reno For Renting, Flipping, And More!! Part 2 Of Our Popular Series!!

Renovating for Renting, Flipping, and more! How to maximize your money and reduce your headaches.  Join us on April 19th, to learn about renovating for your investment property from Alcina Sung, the Head of Volition Design and Construction.

It’s going to be packed full of great information, so if you’re ever planning to do a renovation on any of your properties, this is not one that you will want to miss!

 

Renovations are a critical element to understand as an investor, especially when looking at properties in Toronto. It is an essential skill to have in order to execute on Buy & Holds (in order to increase rents and increase cashflow and force appreciation), Buy-Reno-Rent-Refi (BRRR), as well as the ubiquitous Fix & Flip.

Part 1 (Nov 2017) of this presentation was very well received. Alcina focussed on the “Design” aspects of a renovation…. how to design your place to look like the pretty pictures you see on HGTV, Home & Garden, and Houzzz… but more importantly, how to do it in a very cost-conscientious way (i.e. with an INVESTOR mindset!).

Part 2 gets into the details of the construction phase. During this session, you’ll earn:

– What makes a great contractor? How to spot a bad contractor?
– What are best practices when working with a contractor?
– What is considered a Cosmetic renovation vs Permitted renovation?
– How much do I need for contingencies (time and money)?
– What are some “hidden cost” and unknowns to look out for?
– What are typical phases of the construction process?
– Roughly how long should renovations take?
– Roughly how much should renovations cost?
– What should a renovation contract look like?
– How should a reno differ if it’s for an investment property?
– Time is money!! So how to decrease downtime as you near the end of the renovation and how to line up subsequent activities (staging, photography, when to begin showings for potential tenants, etc.)?
How much force appreciation lift should I be expecting?

Alcina Sung brings to Rentier Toronto over 13 years of experience in Interior Designer and Construction Project Management. With her partner, Grace Wong, they have a combined 30 years of experience managing millions of dollars in projects. Residential projects they have worked on range from investment properties (flips, multiplexes, and new construction) to 10,000+ square feet luxury custom homes. Their services also include professional home staging for homeowners, real estate agents and builders.

Key commercial projects that they have worked on include: Winner’s Head Office, Heart and Stroke Foundation Head Office, Fossil Canada Head Office, Living Realty Head Office, Living Realty Flagship Yonge and Bloor Office, and various retail (Oakville Eyecare, Glass Monocle Eyecare, LCBO) and restaurants (Sugar Loaf, Cano).

Alcina joined the Volition Properties team in early 2016 and leads the Design and Construction division. Alcina and her husband, Ming Lim, are also active real estate investors with properties in Waterloo and throughout the GTA.

Schedule (New Format):
6:30pm-7:00pm: Arrival, meet and greet, get to know each other (optional).
7:00pm-9:00pm: Presentations begin at 7pm SHARP.
9:00pm-10:00pm: Networking (optional).

Volition Properties

Volition Properties is an award-winning Toronto boutique real estate investment firm that provides advisory and turnkey real estate investment services. Its mandate is to help real estate investors sustainably invest to build wealth in the Toronto real estate market by investing in low-risk, freehold, cash-flowing income properties over longer-term real estate cycles.

[Volition (vō-ˈli-shən): The power to make your own choices or decisions; free will. Living life by design, not by default.]

Entry:
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Investment to tonight’s workshop is $20 at the door.
Save yourself $5 by paying online ($15) when you RSVP.

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