Category: Mastermind (43)

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

—————————–

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

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