The Canadian Real Estate Investor

We are joined by Alkarim Devani of  RNDSQR & MDDL, to talk all things Missing Middle! As the co-founder of RNDSQR for almost a decade, Alkarim demonstrated his vision through numerous projects, including hundreds of middle housing developments and mid-rise buildings with heritage restorations, comprising over 200+ units. In his new role as co-founder and CEO of MDDL, Alkarim is leading efforts to educate, empower, advocate for, and mobilize an ecosystem across Canada to support the development of middle housing in a simplified, transparent, and sustainable manner. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

The breakdown on the most recent CMHC report Shorter mortgage terms gain popularity as borrowers anticipate future rate cuts, with over half of new mortgages opting for shorter fixed-rate terms⁠Canada faces significant risks with 1.2 million mortgages set to renew in 2025, potentially causing financial stress for homeowners transitioning from historically low rates⁠⁠​Rising delinquency rates in non-mortgage credit products serve as early warning signs of broader financial stress among Canadian households⁠See omnystudio.com/listener for privacy information.

We cover updates with our event hosts from across the country as well as the CREA updates,  Canadian home sales increased 1.9% month-over-month in September 2024, reaching the highest level since July 2023, with a 6.9% year-over-year increase.New listings grew 4.9% month-over-month, resulting in a more balanced market with a sales-to-new listings ratio of 51.3% and 4.1 months of inventory.The MLS® Home Price Index rose slightly by 0.1% month-over-month, while the national average sale price increased 2.1% year-over-year to $669,630. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch  See omnystudio.com/listener for privacy information.

The potential impacts of Donald Trump's recent election victory on Canadian real estate and the broader economic landscape. As the political winds shift south of the border, we explore how this change in U.S. leadership could ripple across various sectors in Canada. Join us as we break down the key areas of concern, including: Trade relations and tariffs between Canada and the U.S.The revival of energy projects like the Keystone XL pipelineImmigration trends and their effect on Canadian real estate marketsThe potential for increased military spending and its impact on certain Canadian citiesChanges in global market dynamics and their influence on Canadian bonds and currency We'll cut through the noise of political rhetoric to focus on the real-world implications for Canadians, especially those in the real estate sector. Whether you're an investor, homeowner, or simply curious about how international politics can affect your daily life, this episode provides valuable insights and analysis.  See omnystudio.com/listener for privacy information.

We dive deep into the latest developments shaping Canada's economic and housing landscape: Immigration policy shifts: Examining the potential economic impacts of reduced immigration targets and their effects on the housing marketHousing market dynamics: Analyzing proposed tax changes, including the removal of GST on new homes, and their implications for homebuyers and buildersRegional housing trends: Exploring the surge in housing starts in Alberta and comparing it to other major Canadian marketsRental market challenges: Discussing the rise of fraudulent rental applications in Toronto and strategies for both landlords and tenants to navigate this complex situation Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

Saving for a down payment on a house in today’s market can be challenging, but we’ve got you covered. Dan is joined by Simon from The Canadian Investor Podcast in this part one of two episodes.  They break down essential strategies and tools for first-time home buyers, including how to make the most of the First Home Savings Account (FHSA), TFSA, and RRSP Home Buyers' Plan.  They explain how each account works, their tax benefits, and how to combine them to maximize your down payment. Listen to Part 2 here: Part 2 - Spotify Part 2 - Apple Podcast Part 2 - Web player Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We are live at the OHBA conference in Niagara Falls! Joined by Dave Wilkes, President and CEO at Building Industry and Land Development Association (BILD), Bob Schickedanz, past OHBA president & partner Farsight Homes & Kirstin Jensen, VP of Policy, Advocacy & Relationships.  Learn more at OHBA Bob Schickedanz Dave Wilkes Kirstin Jensen Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfoch  See omnystudio.com/listener for privacy information.

We explore the five crucial preparations you need before diving into real estate investment. From understanding your personal motivations to building a power team and developing a capital strategy, we provide a comprehensive guide to ensure success in the real estate market.  Define Your 'Why': Establish your personal motivations and goals to stay focused through challenges.Craft an Investment Thesis: Develop a clear, strategic plan tailored to your strengths and desired outcomes.Build a Power Team: Surround yourself with experts like agents, accountants, and contractors to support your journey.Develop a Capital Strategy: Align your financial resources with your investment goals and explore creative financing options. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We analyze the Bank of Canada's recent decision to cut interest rates by 50 basis points, bringing the overnight rate to 3.75%, and its implications for the housing market. The Bank of Canada's significant rate reduction aims to support economic growth and manage inflation, but fixed mortgage holders may not see immediate benefits due to already priced-in rate cuts.Housing demand and prices remain complex, as rate reductions impact supply more than demand, with affordability challenges persisting despite lower borrowing costs.Recent CMHC policy changes allowing higher insured mortgage caps could expand purchasing power and influence market dynamics, particularly for first-time homebuyers in higher-priced segments. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We explore the concept of owner-occupied commercial real estate, discussing its potential as a strategic investment for business owners looking to buy their workspace.  Which businesses are best suited for this approach, the benefits and challenges it presents, and how financing for these properties differs from traditional methods. How Owner-occupied commercial real estate offers unique investment opportunities for business ownersThe key benefits and challenges include financial thresholds, potential exit strategies, and tailored financing options.Understanding the roles of realtors and bankers is crucial in navigating the process of purchasing these properties. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

In this jam packed news episode we cover a lot of ground, including:  CREA policy investigation & tougher GTA building permits, Slowest rent increases in three years, and potential for low mortgage rates and prices. Canada’s slower inflation rate and China’s new overseas tax on ultra-rich impacting real estate. Record market share by Canadian real estate investors with concerns over market risk and speculators' exit strategies. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We are joined on the show by EQ bank to tell us all about their new innovative banking product specifically for laneway and garden suites.  Who is this product for? A step by step guide on how to apply and use this financingHow appraisals impact the process Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

There are been some very big announcements recently in the mortgage space for adding units, we go through them and tell you everything you need to know....so far  Canada's new refinancing rules allow up to 90% LTV for adding secondary suites. Impact on Homeownership: Changes enable creative financing for "house hackers" to add units and leverage equity. Concerns and Criticisms: Discusses risks of mortgage fraud, capital gains tax, and effects on property values and debt. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

How challenging is it to secure deals with MLI Select, a program offering reduced premiums and longer amortization based on your commitment to affordability, accessibility, and climate compatibility? Does it truly deliver on its promises? How the point system determines eligibility based on affordability, efficiency, and accessibility.Examining the pros and cons, including long-term affordability commitments.Key steps for developers to successfully apply and secure MLI Select financing. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We are joined by Scott Terrio who is a Certified Credit CounsellorManager, Consumer Insolvency, he to chat with us about a scary subject right now, bankruptcy in Canada Bankruptcy Overview: Analyzing real estate bankruptcies: Who's most affected?\Economic conditions: 2017 vs. nowFinancial Decisions: Bankruptcy vs. alternatives"House ATM" impact on investorsRecovery Steps: Post-bankruptcy financial repair & Rebuilding financial stability See more about Scott Here https://www.hoyes.com/about-hoyes-michalos/bankruptcy-trustees/scott-terrio/See omnystudio.com/listener for privacy information.

CMHC updates and CREA stats - plus we hear from all our meetup hosts and their market conditions.  Despite recent interest rate cuts, the Canadian housing market remains stagnant, with national home sales showing only a modest 1.3% increase in August but down 2.1% year-over-year.New property listings are up by 1.1% but remain below historical averages, contributing to a balanced market where supply and demand are steady but not dynamic.The MLS® Home Price Index indicates flat housing prices from July to August, with a 3.9% decrease year-over-year, as buyers await further price drops and increased affordability from interest rate cuts. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We are joined today by the CEO of Greybrook, Sasha Cucuz, who shares his thoughts on the market; Sasha Cucuz shares insights into recent market volatility, highlighting factors like fluctuating interest rates and changes in consumer sentiment.Evaluation of the Bank of Canada's efforts to engineer a "soft landing" with interest rates and their impact on real estate activity.Importance of addressing supply-side challenges in Canadian housing to solve the affordability crisis.Sasha's recommendations for investors: focus on finding capable partners and leveraging expert advice instead of a DIY approach. Learn more about Greybrook  See omnystudio.com/listener for privacy information.

We are honoured to be joined by Ethan & Elizabeth, partners & founders of cheap old houses - at this point, world famous for finding the best houses at the best prices and using love, skill and passion to bring them back to glory! we discuss, Great houses tell stories and evoke inspiration.What draws viewers or buyers to certain properties.The ongoing housing crisis across North America.Evaluating properties for timelessness, including considerations of wastefulness, character, and renovation potential, especially in restoring cheap old houses. Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

We’re going to cover a few articles and reports today: 'We’re definitely not going to an old-age home’: Why seniors aren’t downsizing their homes and what it means for Toronto’s millennials“Canadian university cities facing surprising rental market downturn”“Canadian universities see international students' enrolment down 45 per cent after rule change. 'The system is just hanging on’”A report from Equifax that states that millennials are living at home longer and are most at risk from the economy Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.

Breaking news in the Mortgage world with some major changes on the horizon. But what do they mean? How will they take shape in the market?  Ottawa to expand 30-year amortizationsIncreasing the insurable amount by 50% from $1M to 1.5MFirst Time Home Buyers & Investors Will these rules increase affordability  Sign Up For The Next Webinar Realist  Join the best community in Canadian Real Estate realist.ca Attend a Meetups  Meetups Nick  Instagram.com/mybuddynick tiktok.com/@mybuddynick twitter.com/mybuddynick89 Dan twitter.com/daniel_foch  instagram.com/danielfoch tiktok.com/@danielfochSee omnystudio.com/listener for privacy information.