Real Estate Investing Workshops: Edmonton and Toronto

house and cash

How to Make Quick Money in Canada with Creative Real Estate Investing.

So, you want to be a real estate investor. But financing is a problem, so you’re not sure about getting started or whether you can continue investing.

You might feel like you don’t have the money to buy now, or you want to purchase real estate with little-to-no money down. Maybe you already own some investment properties, and you can’t qualify for more mortgages. Or maybe you have the financing to purchase investment properties, but “buy and hold” takes too long to pay off. Perhaps you’re frustrated by finding great deals on houses that don’t fit your current investing strategy.

Barry McGuire’s Rapid Cash Program shows you how to overcome barriers and become a successful real estate investor. The secret is a portfolio of proven Creative Strategies, tailored for the Canadian market. If you understand the strategies, you’ll recognize the opportunities! Continue reading

Disappearing Tenants and Vanishing Buyers

Podcast Episode 98:
“Don’t Wait, It Only Gets Worse;
Discharge That Caveat.

The first part of this Tale is about an Alberta landlord with tenant problems. The renter usually paid on-time, but then the rent started coming late. The tenant’s girlfriend left him, and when our landlord went to check on the property it appeared to have been taken over by a biker gang! Eventually the property appeared to be abandoned, but the landlord was afraid to go back. Moral of the story, nip problems in the bud before they grow to become out of control.

In the second part of this Tale, we have a problem with a buyer who disappeared, but whose caveat comes back to haunt the seller. If you would like to sell a property by way of agreement for sale, the buyer will register a caveat on the title. That is the buyer’s protection in the transaction. But what happens if the buyer then changes their mind and walks away from the deal? Their caveat might still be on title, which you as the owner/seller need to address before you can sell the property to someone else.

Download the audio file HERE.
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If you’re buying or selling real estate in Alberta, you need a lawyer.
Use the form below to contact Barry now!

“Neon Real Estate Sign” by Chris Griffith used under CC Attribution 2.0 Generic.

When to Walk Away from a Real Estate Deal

mortgage default foreclosure

Podcast Episode 82:
Diligence Time Bombs And Letters Of Intent.”

When trying out a new real estate investment strategy, it’s important to know when to walk away. In this Tale, an attendee of one of my creative investing workshops was ready to try an Agreement for Sale, and contacted me for help with a Letter of Intent. The deal turned into a Joint Venture, but there were too many red flags. Our investor walked away, and we can all benefit from the lessons learned!

Download the audio file HERE and the text/handout HERE.
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Buying Property Without a Bank

Podcast Episode 81:
Agreements for Sale 2.”

I introduced Agreements for Sale (AFS) in a previous blog post and podcast, and now it’s time to review with a bunch more examples. In essence, AFS is a type of seller financing and is sometimes called a bond for title or contract for deed. The seller retains the title, but the buyer takes control of the property—all without needing a bank. Nowadays, this technique is uncommon, but it used to be more popular during and immediately after the Great Depression. Take advantage of this little-known strategy to find great Creative Investing opportunities!

Download the audio file HERE and the text/handout HERE.
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What to Do About Foreclosure

mortgage default foreclosure

Podcast Episode 75:
Help, I Can’t Make My Mortgage Payments!”

To mark the 75th episode of Tales from the Trenches, we have a Special Extended Edition all about foreclosures. This Tale is so packed full of helpful information that it had to be nearly half an hour long! The recent economic downturn in Alberta triggered by a collapse in oil prices means that many people are faced with a dilemma: what do you do if you can’t make your mortgage payments? It’s best to be proactive and not wait for the bank to come calling, and this Tale will help you figure out some options. We’ve also got some creative solutions for real estate investors that can help them keep their businesses above water in tough times.

Download the audio file HERE and the text/handout HERE.
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