The QUICK SUMMARY: Bored with buy & hold real estate? Don’t have much money, but you aren’t afraid of hard work? Need to make money fast? Wholesaling/Assignments might just be your answer! This creative real estate strategy is really, magic! Why? Because you can turn nothing into fast cash! How do I know this? We recently surveyed our students asking “How much was the assignment fee on your FIRST wholesale deal?”  We got 22 responses.  We took out 3 responses where the wholesale fee was much higher than normal. So, for 19 students, the average wholesale fee was a very respecta ..read more

Wholesaling Is a Cross Country Strategy. All across Canada, there is a lot of talk about Wholesaling! From St. John’s to Vancouver, creative real estate investors are successfully using the Wholesaling strategy. Here’s why wholesaling matters to real estate investors: easy to get started little or no money down simple documentation complements other creative strategies very profitable, if done right Did I say very profitable? It’s a Simple Concept – Get Started Quickly, with Rapid Cash Results Find an undervalued property. Get that property under contract. Sell your contract and earn a fee ..read more

Podcast Episode 136: “AFS Paperwork and Education.” About four months ago, I got a call from a client who wanted to sell his property by way of Agreement for Sale (AFS). Unfortunately, he had only a skimpy notion of the AFS concept and no actual education on how to apply the strategy. This blog post and podcast tell the tale of how we managed to pull the deal together and how my client could have saved a bunch of money by learning about the AFS strategy before trying to implement it.   We’re hosting a live AFS Focus Workshop on Saturday, September 24th, 2022. Sign up now!   ht ..read more

Podcast Episode 135: “Win-Win Real Estate Investing.” Here’s another success story from the lucrative Creative Real Estate Investing space. For would-be Canadian real estate investors, two of the biggest obstacles are building up cash for a deposit and qualifying for a mortgage. This Tale is an example of how one of our students creatively solved a seller’s problems while also acquiring properties with a minimal down payment and no mortgage. Sound impossible? We’ve taught hundreds of investors in our live Focus Workshops and through our online Home-study Kits all about this kind of creative p ..read more

This is my second blog post on our upcoming Rapid Cash Program (RCP) on May 7th and 8th, 2022, in Calgary, Alberta, Canada. If you haven’t read the first post, take a look. The RCP is an exclusive event that provides all the training you need to get started in Canadian real estate investing. We limit the numbers of attendees to improve the experience, because it’s fully interactive and hands-on. Read on to find out why you need to be there! How to Get Started in Canadian Real Estate Investing Wondering about investing in Canadian real estate? Are there really deals out there? Can you make mone ..read more

Podcast Episode 134: “Wholesale Home Run!” For a change of pace, here is a positive Tale about a massive success in Canadian real estate investing. Longtime readers/listeners know that my Tales from the Trenches series is mostly about how buyers and sellers of real estate get themselves in trouble. It doesn’t matter whether folks are homeowners or whether they are investors, all aspects of real estate are full of minefields ready to explode. We look at those individual Tales, examine what went wrong, and then move on to the Lessons Learned. The best teaching moments are often in situations wh ..read more

Folks, this blog post is different than what I normally do on my website. For almost 10 years, I have focused on free real estate education through hundreds of blog posts and my ever-popular Tales from the Trenches podcast. But I also educate through Focus Workshops, which are paid events. Full disclosure, this blog is me telling you about our upcoming Rapid Cash Program (RCP) on May 7th and 8th, 2022 in Calgary, Alberta, Canada. I’m asking you to consider paying some money to attend, because you’ll get what I consider absolutely essential education for real estate investors, whether you’re ju ..read more

COVID-19 has wreaked havoc on businesses across Canada, and many commercial tenants have faced enormous revenue shortfalls. Some of them are wondering whether COVID and its business destruction are legitimate reasons to not pay rent. Are they? Well folks, it’s all about contract law. A lease is a contract. Here’s what some tenants are attempting to argue when they fail to pay rent. Two Reasons that May Change Lease Obligations “The lease has been frustrated.” Frustration in the legal sense, means a change in circumstance that makes it impossible to carry out the contract through no fault of th ..read more

Podcast Episode 133: “Foreclosure Timing Traps.” When searching for the ideal piece of real estate to buy, properties in foreclosure can be an interesting place to look. Are you an investor looking for a new rental property? Or maybe you’re a buyer looking for a dream home—or at least a property you can turn into your dream home. By considering foreclosures, you open up more options for yourself. Read or listen on to learn more about how timing a foreclosure deal can be tricky. https://barrymcguire.ca/wp-content/uploads/2021/11/Foreclosure-Timing-Traps.mp3 Download the audio file HERE. Downloa ..read more

New Legislation to Help Canadians Sell Family Business Without Tax Do you have a family-owned business? Is it time to retire after years of hard work? Do you want to sell to a family member, perhaps a child or children who have worked with you to build the business? You’ve probably been thinking about this for a few years, perhaps talked to your accountant. The exit planning news was probably not good. No matter which way you structured the sale to a family member, there was a big chunk of tax to pay. Well, here’s my quick summary of some great tax planning news! Use Capital Gains Exemption on ..read more