Category: Mastermind (33)

Insurance for INVESTORS – “Insuring” you avoid coverage pitfalls!

Date: Wednesday, March 17, 2021
Time: 7:00 – 9:00 pm
Place: Zoom
Cost: Free

Being a sophisticated investor requires mitigating risk from all angles. This month we welcome property insurance expert Dan Tetzlaff of Hub Insurance to bring attention to common coverage pitfalls in investment property insurance.

Home insurance is typically an afterthought for most investors, and most investors typically shop around for the cheapest possible policy. Dan will bring to light how, in an attempt to save a nominal amount per month on a cheaper policy, you may be opening yourself up to SIGNIFICANT risk.

– Do you know if your property is adequately insured?
– Do you know the differences between a regular homeowner policy and an investor-grade policy?
– If your tenant destroys your unit, would your insurance policy cover the repairs?
– Is your policy named perils coverage or broad form coverage? Do you know the difference?
– Are you aware of how long your vacancy allowance period is?

Access the slides and full recording below.

Join our monthly Mastermind Meetup: https://www.meetup.com/Volition/

A rare glimpse at current projects!

Date: February 20, 2020
Time: 11:00am -1:00 pm
Place: Zoom

Don’t miss this rare chance to see our current projects!

We typically can’t bring the public onto a live construction site, but on February 20, technology will break that barrier! We’ll be sharing tours from properties that are currently under construction and opening the floor to your questions.

Our street smart tours in the past have had a fantastic reception. You’ll learn first-hand what we look for when analyzing and evaluating a potential investment property so that nothing goes overlooked. You’ll have that extra advantage as you make your future strategic investments! You’ll also learn about the high-level construction process and how we turn an average home into an investment goldmine.

Slides and full recording below. 

Join our monthly Meetups here: www.meetup.com/volition 

SATURDAY, JANUARY 30, 2021
10 AM – 5 PM
Online
Tickets: $149

Register here: hopin.com/events/toronto-rei-masterclass

We’re going virtual for our second annual all-day Masterclass!

If you only go to *one* event this year – THIS IS THE ONE!

Come learn from the Volition team, Toronto’s real estate investment experts and organizers of the largest and most active Real Estate Investment Meetup in Toronto. We’ve helped clients generate $113M+ in wealth, and $10.3M+ in cashflow using these strategies and we are here to help you do the same.

Who this Masterclass is for:

  • If you are NEW to real estate investing and don’t know how to get started – this is the event for you!
  • If you are a SEASONED investor and are looking for ways to take your investing to the next level – this is the event for you!
  • If you have a partner, spouse, or family member who has RESERVATIONS about your desire to invest in real estate and is concerned that it’s too risky – this is the event for them!
  • If you ATTENDED LAST YEAR, COVID has changed the market – this is still the event for you!

What this Masterclass is about:

We have jammed years of experience and knowledge into one intense day of learning. We’ve distilled 5 years of Volition Meetup content down to the essentials. This course will cover THE BEST AND MOST RELEVANT content with a singular goal in mind – to give you the confidence and knowledge to be successful in 2021!

You’ll get answers to the MOST PRESSING QUESTIONS from investors, including:

  • What is the role of cashflow?
  • How can I quit my full-time job?
  • How does my real estate help me retire?
  • What is the difference between Cheap vs Value Investing?
  • How are sophisticated investors handling the current market?
  • What are the relevant factors that I should consider when investing in an area?
  • What fundamentals underpin a real estate market for long term sustainable growth?
  • What do more advanced business models (multifamily conversions, laneway housing) look like?
  • What kind of ROI can I expect and how does real estate compare to other investing methods?

This Masterclass IS:

  • A comprehensive course containing EVERYTHING you need to know to get started with your investing in 2021
  • Covering various real estate investment business models that work in Toronto, being used in 2020/21 by Volition investors
  • Your chance to learn real estate theory and fundamentals, and more importantly, how to APPLY them to the Toronto market to understand if Toronto is a market worth investing in
  • An opportunity for you to speak and network with successful investors that were in your shoes who took massive action, as well as other aspiring investors who are at the same level as you

This Masterclass is NOT:

  • A “get rich quick” scheme
  • How to flip houses for a quick buck
  • Trying to convince you that this is going to be an easy journey
  • Trying to convince you that wholesaling is easy and that anyone can do it
  • Endorsing $0 money down investment schemes or any other hair-brained “strategies”
  • Trying to repurpose US-based content or strategies specific to other provinces or small towns for Toronto
  • A theory-only seminar that only gives you high-level information about investing, but doesn’t make it relevant for you and the Toronto market

You’ll leave the session with a repeatable, risk-mitigated blueprint teaching you how to invest in real estate the right way. You’ll learn how real estate makes money, how to properly analyze properties, understand the cashflow myth, how to mitigate risk, and so much more!

How this Masterclass is run:

  • This all-day intensive is completely virtual
  • A mix of pre-recorded content and live sessions allowing for a streamlined approach and a chance to ask your questions and get answers in real-time, without detracting from the presentations
  • An expert panel of “Real People, doing Real $#!T” – they all started from somewhere different but have one thing in common, they took massive action!
  • Special guest speakers and experts on mortgage financing from VINE Group

NOTE: This event is FOR YOU! If there are burning questions you have that you would like addressed during the event, please email them to info@volitionprop.com and we will do our best to incorporate them into the presentation.

Testimonials

About Volition Properties Inc.

Volition Properties is an award-winning Toronto boutique real estate investment firm. We provide real estate education, help clients buy investment properties, renovate and build income properties, and have sophisticated property management. We have helped clients invest over $228MM in real estate in the Toronto area – we can guide you too!

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

Wednesday, December 16, 2020
6:30 – 9:00 pm

We’ve said it before and we’ll say it again. “There are only two types of real estate investors out there: ones who HAVE run out of money and ones who WILL run out of money.” Let’s all be the latter!!

If you’re a Real Estate Investor, you’ll know that financing is your biggest pain in the ass (next to tenants, of course!).

If you’re a Real Estate Investor, you’ll know that every property you buy makes it harder to buy the next one (because of the 50% rental offset and increased Debt Servicing).

If you’re a Real Estate Investor, you’ll know that you’re eventually going to hit the “Financing Wall”, and then no one will lend any more mortgages to you (number of doors policy, etc.).

RIGHT?? RIGHT???



WRONG!!

We strive to solve problems, so we’re bringing in one of Canada’s top investor-focused mortgage experts to share secrets to help YOU purchase over and over again.

Jacob Perez, Partner at Synergy Mortgage Group, left his downtown Toronto tech career & scaled to 40+ Doors and Million+ Net Worth by the age of 30. In this presentation, he will show YOU how to reverse engineer the underwriting process to scale faster. He’ll cover:

– Setting yourself up for success by conducting a portfolio analysis before you start investing
– Making the most of your capital with the “BRRR Method”
– “Zero impact” properties, and how they allow you to purchase over and over at your maximum purchase price
– Refinancing multi-family properties
– What the implications are of legal vs. self-contained units
– How rental income plays a factor in your mortgage qualification
– How to win the appraisal process by mitigating risk and positioning your property to get the best results

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About the speaker:

Jacob Perez has been featured on Realtor.ca, the Matt McKeever Youtube Channel, Andrew Hines show, etc. Investing in Hamilton, ON since he was 22 years old, Jacob leveraged the BRRR strategy to grow his portfolio (40+ doors) and list of Joint Venture partners. In 2018 he began as a Mortgage Agent, partnered with Synergy Mortgage Group and opened his investor-focused brokerage which helps over 500+ investors every year in Ontario. Jacob teaches strategies to reverse engineer the mortgage process that enable everyday people to grow huge portfolios.

Watch the full recording below!

Do you know how to protect yourself as a landlord?
Do you know what it takes to avoid “professional” and “predatory” tenants?
Did you know that the Ontario Landlord Tenant Board laws heavily favours the tenants?

Tenants have always been one of, if not THE BIGGEST risks to your real estate investing business. Mix in a global pandemic resulting in people losing their jobs, and a backlog of cases at the Landlord and Tenant Board (LTB) and things are even more skewed against landlords.

Learn from the incredible Veteran Landlord Legal Representative, Steven J. Smith, in this important session about how to protect yourself with full knowledge of the Residential Tenancies Act (RTA), and what is going on in our COVID impacted world.

You’ll also hear some stories about the good, the bad and the ugly side of tenant management, as well as what we can learn from each scenario. When we spoke with Steven, he had a whopping 350 cases on his desk – his time is incredibly valuable, you do not want to miss this session!

About the Speaker

Steven J. Smith owner of Handsmith Advocate & Paralegal is Licensed by the Law Society of Ontario, has been in practice for 25 years with the last 20 years dedicated to Residential Tenancy Law which is his primary area of practice. Steven is exclusively a Landlord Representative providing representation throughout Southern Ontario. Many Law firms and Real Estate Brokerages will immediately refer you to Steven when they hear it is a Landlord & Tenant issue you are dealing with whether it be trying to evict a Tenant or responding to a Tenant claim against you. Steven’s firm has always had an educational approach assisting Clients in correcting defective processes that they may be engaging which is often the root of many of the problems Landlord’s face. Steven’s educational approach extends to doing sessions for Landlord Groups and also for Real Estate Brokerages in aid of overcoming the significant deficiency of most of the Real Estate community in their understanding and working knowledge of how the process works and how the Law is applied.

Steven has an RTA Landlord package that corrects the deficiencies in the Standardized lease (the package retails for $80.00 inclusive of HST) and recently has developed a strategy for purchase and sale cases that is exclusive to his firm and deals with the delay getting a hearing in a timely manner.

Toronto Market Updates – November 2020

Nothing is certain in life but death, taxes, and not having enough cash to fund your next deal…but what if there was a way to borrow from yourself??

Join us and guest speaker Mary Sun to learn about the basics and beyond of Life Insurance for sophisticated real estate investors. At the VERY LEAST you should be protecting your assets. But we never stop at the very least.

If used correctly, life insurance can be an effective tool to accelerate you to achieving your goals – ACCESS TO CASH AND CAPITAL, LEVERAGE TO FUND YOUR NEXT PROPERTY, AND TAX-EXEMPT INVESTMENT GROWTH!

As a sophisticated investor, you need to be identifying and mitigating risk and thinking strategically. When it comes to life insurance, this is not as simple as having a basic policy. Mary will use an investor-focused lens and walk through strategies and case studies including:

• Importance of estate planning
• Tools available to protect estate value
• Asset and family protection
• Real estate investor’s liability exposure
• Insurance ownership: Personal vs. Corporate

About Mary

Mary holds a CPA (Chartered Professional Accountant) designation and is an MBA graduate from Schulich School of Business, York University. Mary has 10+ years of experience in the financial service industry and is with Sun Life Financial as an advisor. Mary uses her in-depth knowledge in insurance, investments and taxation to help clients reach their financial goals through effective insurance and financial planning. Mary is known for her professionalism, her value-added advice and her ability to build strong and long-lasting client relationships.

 

Access the slides and presentation below!

 

For years, the Volition team has heard from casual investors that “Toronto doesn’t work, it’s too expensive, it doesn’t cashflow”. If you do what everyone else does, then you’ll only get the same results as everyone else. At Volition, we’re not interested in being like everyone else. We want to be better. We want to do better. We want to achieve more. At Volition, WE MAKE TORONTO WORK.

This is the impetus for wanting to share with you the natural evolution of our well-established triplex business model, Legal Luxury Fourplexes. These are an extremely desirable asset class, attract top-quality tenants, and achieve sky-high rents in AAA+ neighbourhoods.

We know what you’re thinking, and you’re right. These types of properties are expensive and don’t work in Toronto… UNLESS you create them yourself!

The numbers are big, the cash required is big, but the ROI is even bigger.

At our full-day Quickstart Investment Seminar back in February 2020 (volitionprop.com/quickstart) with over 200 engaged investors, we broke down various business models including small town investing, resale condos, pre-construction condos, triplexes and outlined the pros and cons of them.

You’ve heard us talk about fourplexes at a high level, now it’s time to dig into the nitty-gritty:
• How do you execute on a legal, luxury, fourplex?
• How much money does it take?
• What do the numbers look like?
• What are the steps you need to take?
• Who do you need on your team?
• How long does it take?
• What is the business model?

For those who are interested in this investment model, but don’t have the necessary cash (i.e. if you reached into your couch cushions you wouldn’t find $1.X MM laying around), mortgage qualification, or time and energy to do it on your own, Volition has an alternative solution for you.  Get in touch to hear all about it – info@volitionprop.com

 

Access the slides and full recording below!

 

If you’ve opened social media in the past week, you’ve seen the headlines – “Tiny Toronto House – $1 Million!!” and “Record Falling Rents!”. Increasing asset prices and decreasing rents are not exactly the recipe for success. So, as a sophisticated investor, what can you do to position yourself to WIN in this market?

This month’s guest speaker Jin Kim, long time real estate entrepreneur, is navigating the intersection of these challenges and is using two strategies.

1. A combination of short, medium, and long-term rentals to solve the cash flow problem
2. Investing in real estate in alternative ways – (think, development and private lending)

But wait… isn’t that a lot of extra work?? Enter property management.

Join us as we dive into topics like:
· How cash flow is equal or higher (!!!) after being fully managed
· How the short-term rental market is faring during the pandemic
· General costs to switch from long term rentals to short term rentals
· The risks and downsides of this strategy and how to mitigate them
· How to create flexibility and switch between short and long-term rentals

About Jin Kim

Jin Kim is a real-estate entrepreneur and financial consultant based in Toronto. He specializes in urban transformations and infill developments with emphasis on creating high-value real estate portfolios and cash-flow generation. With more than a decade’s worth of experience in real estate investing and financing – focusing on value chain creation and property development – he provides strategic financial direction to various business partnerships.

In the last 10 years, Jin has amassed a diverse portfolio of rental properties and infill developments in Toronto and surrounding areas. He is deeply passionate about creating personal economic freedom through real estate investing and sharing his knowledge and perspective with others.

His financial and real-estate expertise is bolstered by an impressive background in IT management in the field of architecture and construction management, a degree in Structural Engineering from the University of Waterloo and a fine arts degree from OCADU.

Living in the colourful neighbourhood of Little Portugal with his family, he is proud to call Toronto, home. He strongly believes Toronto is at the very beginning of massive transformations and is excited to be part of its growth.

 

Access the slides and full recording below!

 

 

COVID-19 presents a number of challenges and an air of uncertainty for those of us in the real estate investment sector. During these tense times, it takes a different approach to find investors and source capital
for our ventures.

Some people say: “just find a good deal and the money will find you.”
Does that ring a bell? We’ve all heard it.

Unfortunately, it’s NOT that simple. Especially right now…with such HUGE stock market volatility that have affected so many people (and their retirement savings). In reality, you need to have a bunch of investors who are already in the wings, ready to roll… and THEN find a good deal. …THEN it will work.

So how do you reach out to these investors when you have a good deal? How do you get them to pay attention during all of this COVID Pandemic stuff?

Our guest speaker this month, Dave Dubeau, firmly believes that RIGHT NOW is the perfect time to develop a strong bench of partners and investors who are looking for a good deal.

That way, when that golden opportunity comes around, you can pounce on it immediately…Because you KNOW you have their support and financial backing.

And out of this crisis there WILL be a lot of golden opportunities that will be coming up. The question is, will you be ready and able to take advantage of them? That’s why we’re hosting a special LIVE online presentation all about finding investment partners and sourcing capital in uncertain times with Dave Dubeau (Investor, Author, Trainer,
Investor and Capital Attraction Specialist).

You can access the presentation slides and video here

 

 

Following on the heels of our wildly popular FULL-DAY Quick Start Seminar on Feb 1 where we taught 100+ investors how, why, and where to invest in Toronto, we are finally having our first Meetup of 2020.

We ran out of time on Feb 1 (apparently an 8 hour event just isn’t long enough!). By all accounts, it was because Matt kept speaking for too long. While his tangents might have been interesting (to him, anyway), it meant that we only glazed over the some of materials that you investors told us that you want to learn more about.

The focus of this Meetup will be to uncover the Hidden Gems that we only briefly touched upon that were planned as part of the original presentation. Specifically, in this March Meetup we will discuss in greater detail:
– “Real People, Doing Rea $#}+!” — Continuation of our Expert Panel
– Investment Heat Map showing the best areas to invest in Toronto
– Various business models that Volition investors are employing in 2020
– Luxury Triplex Conversion vs. Turnkey Triplex vs. Condo vs. Preconstruction Condo vs. Small Town
– Pros/Cons of those business models
– Financials of those business models
– How to execute on a Luxury Triplex Conversion
– Actual Case Studies of investment properties
– Journey to $10k/month cashflow (10yr Advisory Model)

Hopefully we fit all of this into 2 hours (otherwise we will have to do a “Quick Start” Part 3!)

REMINDER: IF YOU DID A VIDEO TESTIMONIAL AT THE QUICK START EVENT, YOUR ENTRY TO THIS MEETUP IS FREE!! (please email Janny at janny@volitionprop.com that you will be attending)

You can access the presentation slides and 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

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