Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Volition meetup 2019.09

1,060 views

Published on

The secret world of construction financing! Learn how to get the bank to pay for your next project!

You've seen our seminars on laneway housing, renovations, flipping and you want to get started. Who wouldn't be interested in unlocking the potential of a home through construction? Maybe you're creating a secondary suite, running a BRRR investment strategy (buy, renovate, rent, refinance), or building a green laneway suite? But there is one major problem standing in your way - money. How the heck are you going to pay for all this?

Fear not fellow investor - we've got some help on the way! Hugo, Partner at VINE Group, is coming in to talk specifically about the nebulous world of construction financing. He'll walk through strategies and case studies on how to get your construction project financed!

Hugo Dos Reis is a Partner and Mortgage Agent at VINE Group; the #1 team at Mortgage Alliance Canada in 2017 and 2018. Hugo has been in the finance industry for over ten years, cutting his teeth at some of Canada’s largest banks on Bay Street in Toronto. During his time at the bank, he was frequently recognized as a top performer and for the past two years, was named one of the Top 1% of Mortgage Agents in the country.

Hugo and his team lead the way with investment financing solutions for clients across Canada and provide financing education presentations to thousands of investors on a regular basis through seminars and workshops.

His signature client-focused approach, value-added advice, and background in financial planning is what has helped Hugo with his success year over year. Hugo’s personal philosophy is to “take care of your clients and they will take care of you”.

You don't want to miss this opportunity to learn about construction financing in Toronto!

Published in: Education
  • DOWNLOAD THAT BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { http://shorturl.at/mzUV6 } ......................................................................................................................... Download Full EPUB Ebook here { http://shorturl.at/mzUV6 } ......................................................................................................................... Download Full doc Ebook here { http://shorturl.at/mzUV6 } ......................................................................................................................... Download PDF EBOOK here { http://shorturl.at/mzUV6 } ......................................................................................................................... Download EPUB Ebook here { http://shorturl.at/mzUV6 } ......................................................................................................................... Download doc Ebook here { http://shorturl.at/mzUV6 } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer that is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story That Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths that Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • DOWNLOAD THAT BOOKS INTO AVAILABLE FORMAT (2019 Update) ......................................................................................................................... ......................................................................................................................... Download Full PDF EBOOK here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download Full EPUB Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download Full doc Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download PDF EBOOK here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download EPUB Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... Download doc Ebook here { http://bit.ly/2m6jJ5M } ......................................................................................................................... ......................................................................................................................... ................................................................................................................................... eBook is an electronic version of a traditional print book that can be read by using a personal computer or by using an eBook reader. (An eBook reader can be a software application for use on a computer such as Microsoft's free Reader application, or a book-sized computer that is used solely as a reading device such as Nuvomedia's Rocket eBook.) Users can purchase an eBook on diskette or CD, but the most popular method of getting an eBook is to purchase a downloadable file of the eBook (or other reading material) from a Web site (such as Barnes and Noble) to be read from the user's computer or reading device. Generally, an eBook can be downloaded in five minutes or less ......................................................................................................................... .............. Browse by Genre Available eBooks .............................................................................................................................. Art, Biography, Business, Chick Lit, Children's, Christian, Classics, Comics, Contemporary, Cookbooks, Manga, Memoir, Music, Mystery, Non Fiction, Paranormal, Philosophy, Poetry, Psychology, Religion, Romance, Science, Science Fiction, Self Help, Suspense, Spirituality, Sports, Thriller, Travel, Young Adult, Crime, Ebooks, Fantasy, Fiction, Graphic Novels, Historical Fiction, History, Horror, Humor And Comedy, ......................................................................................................................... ......................................................................................................................... .....BEST SELLER FOR EBOOK RECOMMEND............................................................. ......................................................................................................................... Blowout: Corrupted Democracy, Rogue State Russia, and the Richest, Most Destructive Industry on Earth,-- The Ride of a Lifetime: Lessons Learned from 15 Years as CEO of the Walt Disney Company,-- Call Sign Chaos: Learning to Lead,-- StrengthsFinder 2.0,-- Stillness Is the Key,-- She Said: Breaking the Sexual Harassment Story That Helped Ignite a Movement,-- Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones,-- Everything Is Figureoutable,-- What It Takes: Lessons in the Pursuit of Excellence,-- Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!,-- The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness,-- Shut Up and Listen!: Hard Business Truths that Will Help You Succeed, ......................................................................................................................... .........................................................................................................................
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here

Volition meetup 2019.09

  1. 1. @volitionproperties www.volitionprop.com Volition Investment Mastermind September 2019
  2. 2. @volitionproperties www.volitionprop.com Who is Volition?
  3. 3. @volitionproperties www.volitionprop.com Thank you Creeds!!
  4. 4. @volitionproperties www.volitionprop.com Who is Volition? ● Certified Real Estate Investment Advisors ● Toronto’s Exclusive Investor Realtor for REIN Buyer’s Group ● Nominated for REIN’s Highest Award (Michael Millenear Leadership Award)… (and a bunch of other awards: SilverInvestment Award, Bronze Investment Award, Chairman’s Club, President’sClub, Top Producer, blah blah blah) ● $25M+ in personal holdings over 50 doors
  5. 5. Realty ManagementAdvisory Mentorship & Education & Consultation Acquisition of Investment Properties Design & Renovations Leasing & Property Management Renovations We are Toronto’s leading full-service, bespoke Real Estate Investment Firm
  6. 6. @volitionproperties www.volitionprop.com We do normal stuff better than normal agents! ● Why list with us? Investor advantage! ○ Your primary residence is a key tool in your investment portfolio ○ Active buyers / investor list ○ The BEST marketing ■ Virtual 3D Dollhouse, Drone, Lifestyle video ■ Multiple languages, foreign investors ● We can also help you find your dream home! ○ Top 1% of all agents ○ Extensive local knowledge of one of your biggest investments ○ Combination personal residence and investment property
  7. 7. @volitionproperties www.volitionprop.com
  8. 8. @volitionproperties www.volitionprop.com Private Volition Mastermind Chat Group ● Open to Investor clients & Advisory clients. ● Talk about news, tenant issues, share contacts, basically help navigate the difficulty of this investor world! Let us know if we missed you!!
  9. 9. @volitionproperties www.volitionprop.com FREE Monthly “REI Coffeehouse” Web Chat ● What: No format. No presentation. No script. Q&A. Real people with real problems. Occasionally guest speaker. Send in your questions beforehand, and then we’ll chat about them and get your questions answered. ● Why: “Meetup once a month isn’t enough! I need more networking, more Q&A time, more learning, more community, more like-minded people, more engagement!” ● When: 12pm-1pm during your work lunch break. Once a month (in between Meetups). ● How: Log on using Zoom.us (webcam & microphone). Scheduled thru Meetup.com (www.meetup.com/Volition) (1. Also, if you have any suggestions on the format, content, etc., let me know!) (2. If you have a suggestion on the SPECIFIC TIME other than the planned 12pm-1pm, also let us know!) ON HOLD!!
  10. 10. @volitionproperties www.volitionprop.com Our in-house Volition Ambassadors!
  11. 11. @volitionproperties www.volitionprop.com Sign up for Advisory! ● 60 Minute complimentary Advisory Consultation ● We will help you determine ○ Where you are at ○ Where you want to go ○ Help you build a customized plan to get there ● Sign up with Ed! ● We will reach out to you to schedule a session with our Advisory team
  12. 12. @volitionproperties www.volitionprop.com Ming’s Market Minute
  13. 13. @volitionproperties www.volitionprop.com TREB Market Data
  14. 14. @volitionproperties www.volitionprop.com Market Update - Sales Volume
  15. 15. @volitionproperties www.volitionprop.com Market Update - New Listings
  16. 16. @volitionproperties www.volitionprop.com Market Update - Average Resale Home Price
  17. 17. @volitionproperties www.volitionprop.com Volition Market Data
  18. 18. @volitionproperties www.volitionprop.com Toronto Downtown Core
  19. 19. @volitionproperties www.volitionprop.com Volition Metrics - Downtown municipalities
  20. 20. @volitionproperties www.volitionprop.com Volition Metrics - Downtown SF Detached
  21. 21. @volitionproperties www.volitionprop.com Toronto - Everywhere else
  22. 22. @volitionproperties www.volitionprop.com Volition Metrics - Uptown municipalities
  23. 23. @volitionproperties www.volitionprop.com Volition Metrics - Uptown SF Detached
  24. 24. @volitionproperties www.volitionprop.com Volition Metrics - Condos
  25. 25. @volitionproperties www.volitionprop.com Analysis - Airbnb hearings
  26. 26. @volitionproperties www.volitionprop.com Key Themes from the Airbnb hearings ● There are many Airbnb operators who are using secondary suites / third suites in their primary residence ○ Much discussion on the restrictions on these units - basically these need to be legal suites ○ City only has about +2000 legal secondary suites but about +100,000 “illegal” suites ○ City can enforce on legal secondary suites, but those operating illegal suites will be a challenge to manage ○ The city offered no clear explanation of how it intends to stop homeowners from renting illegal secondary suites, only that it doesn’t want to be too explicit about enforcement because that would help people skirt the rules.
  27. 27. @volitionproperties www.volitionprop.com Key Themes from the Airbnb hearings ● Airbnb operators need the short term rentals to cash flow ○ Many who attended the hearings demonstrated their financial reliance on Airbnb and that regular rentals would be cash flow negative ● The impact of eliminating commercial operators ○ Commercial operators account for approx ⅓ of Airbnb listings ○ City is trying to encourage home sharing. Commercial landlords argue that kicking out commercial operators would actually impact real home sharing ○ Under proposed bylaw, residents can still rent their homes for terms of less than 28 days for up to 180 days a year. Individual rooms could also be rented for 27 nights at a time all year.
  28. 28. @volitionproperties www.volitionprop.com Key Themes from the Airbnb hearings ● Airbnb and other STR’s cause more noise, garbage and parking issues ○ Traditional hotels it’s costs of doing business but short-term operators make more money because they don’t have to pay to mitigate those issues ○ Toronto staff testified that the city has seen a rise in nuisance complaints related to short-term rentals. ○ Since 2016, the number of short-term rental complaints have tripled with zoning conformity being the number one complaint, followed by noise, property standards and waste ○ Arguments from landlord side were weaker on this issue ■ 99.98% of all Airbnb bookings are incident-free ■ Any street can have the neighbour from hell
  29. 29. @volitionproperties www.volitionprop.com Key Themes from the Airbnb hearings - Our Opinion ● Not a primary strategy - regulations can change quickly ● Always have multiple exits / strategies ● If regulations come into place - many rentals, or listings hit the market at once ○ Buy opportunity? ○ How to manage your rental through this time?
  30. 30. @volitionproperties www.volitionprop.com Investment Retrospective
  31. 31. @volitionproperties www.volitionprop.com ● Purchased Price: $1.182MM ● Renovation: $500k ○ What did it include? ● ARV: $1.9MM ● Returned equity ~370k ● Top Unit (2nd / 3rd) - $3800 ● Main Unit - $2850 ● Basement - $2200 ● Total Rents - $8850 ● Cashflow Prior to Refi - $3315 ● Cashflow Post Refi - $558 ● ROI: YR1 167%!! Triplex -- Buy, Renovate, Rent, Refi! ● Close to transit - 4 min walk to street car, 11 min walk to subway ● Behind Dufferin Mall - Next Big Proposed Revitalization Projects
  32. 32. @volitionproperties www.volitionprop.com Buy Renovate SELL! Virtual Tour https://tours.bhtours.ca/429-brock-ave/
  33. 33. @volitionproperties www.volitionprop.com ● Purchased Price: $1.182MM ● Renovation: $500k ● Top Unit (2nd / 3rd) - $3800 ● Main Unit - $2850 ● Basement - $2200 ● Total Rents - $8850 ● Added laneway, top marketing, offer date ● $200k made in 10 months ● Sold $2.00MM Triplex -- Buy, Renovate, SELL! ● Close to transit ● Approximately ~10% growth from 2018 ● Close to malls ● The Next Big Proposed Revitalization Projects!!
  34. 34. @volitionproperties www.volitionprop.com Volition Pre Analyzed Properties
  35. 35. @volitionproperties www.volitionprop.com ● All calculated here! ● Our secret weapon! ● BOOKMARK IT ON YOUR PHONE/LAPTOP! Volition Investment Calculator
  36. 36. @volitionproperties www.volitionprop.com The Main Event - The Secret World of Construction Financing!
  37. 37. @volitionproperties www.volitionprop.com Hugo Dos Reis - Partner - VINE Group ● Hugo Dos Reis is a Partner and Mortgage Agent at VINE Group; the #1 team at Mortgage Alliance Canada in 2017 and 2018. Hugo has been in the finance industry for over ten years, cutting his teeth at some of Canada’s largest banks on Bay Street in Toronto. ● During his time at the bank, he was frequently recognized as a top performer and for the past two years, was named one of the Top 1% of Mortgage Agents in the country. ● Hugo and his team lead the way with investment financing solutions for clients across Canada and provide financing education presentations to thousands of investors on a regular basis through seminars and workshops. ● His signature client-focused approach, value-added advice, and background in financial planning is what has helped Hugo with his success year over year. Hugo’s personal philosophy is to “take care of your clients and they will take care of you”.
  38. 38. @volitionproperties www.volitionprop.com Announcements
  39. 39. @volitionproperties www.volitionprop.com Sign up for Advisory! ● 60 Minute complimentary Advisory Consultation ● We will help you determine ○ Where you are at ○ Where you want to go ○ Help you build a customized plan to get there ● Sign up with Ed! ● We will reach out to you to schedule a session with our Advisory team
  40. 40. @volitionproperties www.volitionprop.com What do YOU want to learn about this year?
  41. 41. @volitionproperties www.volitionprop.com Next Month - Joint Ventures! ● Wednesday, September 18th, 2019 ● Learn how to invest with other people's money! ● Right here at Creeds!
  42. 42. @volitionproperties www.volitionprop.com
  43. 43. @volitionproperties www.volitionprop.com Networking Time! ● Please stay, have a drink / food and support a local business ● We will be here until 10pm THANK YOU!!
  44. 44. @volitionproperties www.volitionprop.com Appendix
  45. 45. @volitionproperties www.volitionprop.com ● Revisiting the Mutli Family BRRR ● Purchased Last Year ● Price: $1.182M ● Reno: $500,000 + $50,000 carry costs ● ARV: $2,007,600.00 ● Expected Rent: $9000 ● Expenses: $1000 ● Mortgage: $6945 ● Cashflow: $854 Real Life: "If you bought this 5 years ago..." now

×