In this episode of the Black Wealth Effect Podcast, Deji shares his experience starting a tech company and immigrating to Canada to build wealth as a real estate investor. The episode also covers seller motivation and the reasons why homeowners sell their homes privately. Deji shares tips for finding off - market deals, his approach to growing his mindset and being successful as a real estate investor. Takeaways When buying a house as an investor, it's important to consider the seller motivation behind the sale  Financial difficulties can be a strong motivation for sellers to sell their ..read more

The real estate investing market in Ontario has made a major shift in the last few months. With the lack of recent interest rate hikes and predictions of interest rate cuts at some point this year, buyer confidence is on the uptick. In this episode you'll be able to: Understand recent shifts in the real estate market in Ontario Learn about effective ways to generate off market deals In this episode of the Black Wealth Effect Podcast, host Mario Griffiths provides updates on the show and shares recent business updates. He discusses the current market conditions and the impact of interest rate ..read more

Virtual wholesaling is an innovative and practical business venture into global real estate. Technological advancement has made investing in real estate across the border a reality. However, just like in any business, there are nuances unique to different markets that every investor should understand.  In this episode, you'll be able to:  Learn about virtual wholesaling: Differences and Similarities in Canada and the U.S. Understand the power of networking and building relationships in real estate Learn to overcome challenges and ethical considerations in wholesaling Learn tips for ..read more

Do you want to unlock the secret to effectively managing and maximizing your profits from short-term rental properties? Wondering how to achieve outstanding results in the booming industry of short-term rental property management? Look no further!  Our guest, Chichi Oduntan, will share the ultimate solution to help you achieve your desired outcome - the ability to manage and optimize your earnings from short-term rental properties successfully. Get ready to discover the key strategies and insights that will transform your property management game and propel you toward unprecedented succes ..read more

Land development is a dynamic and lucrative field that offers tremendous opportunities for those with the knowledge, skills, and determination to succeed. However, breaking into this industry can be challenging, especially for newcomers. In this episode, we will explore the blueprint for landing your first land development deal with our guest, Carina Guzman, highlighting fundamental principles, strategies, and insights that can help aspiring developers achieve their goals. What you will learn from this episode: Gain insights into the captivating world of real estate investing and learn how it ..read more

Scaling a portfolio is a critical aspect of investment success. Whether you are a seasoned investor or just starting, the goal is to expand your portfolio strategically to maximize returns and mitigate risks. Traditionally, many investors have relied on Joint Venture (JV) partnerships to achieve this, pooling resources with other investors to access more significant opportunities. However, there is a growing trend of individuals and entities seeking to scale their portfolios without needing JV partners. In this episode, we will explore the key strategies and principles for achieving portfolio ..read more

The construction phase of multi-family property development can often be a balancing act between managing costs, staying on schedule, and ensuring quality work. Successful construction management involves leading and coordinating tasks, from supplying materials and labour to risk management and quality control. It requires a thorough understanding of the construction process, market rates, and sound budgeting practices. In this episode, Ronald De Coteau shares from his experience as a construction manager the importance of insurance coverage and the ability to handle challenges. He stresses th ..read more

Having a successful career requires more than just a single source of income. It takes multiple income streams to build wealth and secure financial stability. However, in order to do this effectively, it's important to have a strong personal brand that resonates with your audience. Building a brand can be a daunting task, but with the right strategies and mindset, it can be achieved. In this episode, Reni will help us  explore the importance of building a personal brand and having multiple income streams, and provide actionable tips on how to do so. Don't miss an episode - join our announ ..read more

Real estate investing has long been seen as a safe, sound, and reliable form of investment. But a market correction can have a big impact on real estate investors, leaving many feeling overwhelmed and wondering how to thrive in a market downturn. There are periods of time when prices dip which can result in losses. While this can be a difficult time for real estate investors, it doesn’t have to be the end. It’s important to take a step back and assess the situation. It’s a good idea to keep tabs on the market and know when to adjust your strategy. It’s also essential to be creative. By followi ..read more

We look forward to what this year has to bring with hope and excitement, but we also never forget to reflect on the year that was, relishing the experiences we had and what they taught us. In this episode, Mario and Ron discuss what it takes to be in the real estate investing business. In addition, they share with us their 2022 investment deals and projects, challenges they overcame, and valuable lessons learned. As real estate investors who continue to grow their portfolios, let's hear them talk about what's coming up for them in 2023, the strategies they have in place, and how they continue ..read more