Darren Moore is an experienced real estate investor from Ontario and a home buying specialist in Vancouver and British Columbia. He is with us on the Self Wealth Real Estate podcast to share his expert tips on home buying, from evaluating properties to closing the actual deals.

Listen now to learn more about buying properties in Vancouver and British Columbia, the different factors to consider when evaluating properties, and the best ways to approach remote home buying in today’s market!

Key Talking Points of the Episode

00:00 Introduction

01:47 What is Darren’s background?

02:49 What does a home buying specialist do?

05:20 How does Darren evaluate a property from a private seller?

07:00 How do you find accurate comparables for a property?

11:39 What factors go into finding comparables for a property?

16:08 How does Darren get information about a property?

17:33 Why should you go to an appointment with a contract?

18:44 What should you do when you get to the property for a walkthrough?

20:52 What kind of conversations should you have with the homeowners?

22:20 What makes Darren’s process different from traditional homebuying?

26:24 How does Darren overcome the most common objections in homebuying?

33:47 How did Darren start building his own portfolio?

35:10 What did Darren learn from his first time managing a rental property?

37:30 What made Darren want to get more involved in real estate?

39:30 What lesson did Darren learn about buying properties for his portfolio?

41:04 How can you raise rents for a property?

43:53 What are the challenges in getting mortgages for smaller properties?

46:35 How does Darren buy properties in Saskatchewan without going there?

50:17 What was Darren’s favorite deal like?

55:49 What lessons did Darren learn from his favorite deal?

57:12 What was Darren’s least favorite deal like?

01:02:54 What has changed with Darren’s approach to home buying?

01:06:06 How can you find great off-market deals in Canada?

Quotables

“In this market, the speed of transaction, to know that your home is actually sold is a huge selling point.”

“In our business, we’re not developers so we will buy any property but we’ll buy it if we can make it make sense for us.”

“What I’ve found in buying for this company and in buying real estate is to put yourself in an investor’s shoes and think like an investor, or some people say, think like an owner.”

Links

Website: BC Assessment

https://www.bcassessment.ca/

Website: Bliss

https://offmarketbliss.ca/

Not another real estate investor talking about crypto'. I get it. I'm a real estate investor first and foremost - but it just so happens that my brother Marc Boiron is one of the greatest minds in the blockchain/cryptocurrency space. Since I've never been interested in crypto myself, I sat down with him and we discussed why someone investing in real estate would be interested in this. This is an excellent episode for anyone interested in learning about crypto without the hype or the sales pitch, and an excellent episode for anyone in the crypto space to share with their real estate or traditional investment friends as an introduction

Listen now to learn more about cryptocurrency, blockchain technology, and what you need to know before you make decisions to invest in them!

Key Talking Points of the Episode

00:00 Introduction

03:30 What is Marc’s background?

04:41 What does Polygon Labs do?

07:20 Where did the idea of cryptocurrency come from?

10:32 Why would you use Bitcoin as a form of currency?

13:36 How do Bitcoin transactions work?

18:39 What are the other purposes for Bitcoin?

20:04 Why will the demand for Bitcoin continue to increase?

23:20 What do most financial advisors recommend to invest in?

25:51 What factors do you need to consider when investing in Bitcoin?

32:47 How does borrowing against Bitcoin work?

34:05 What is defi in cryptocurrency?

37:46 How easy can it be to borrow against cryptocurrency?

40:01 How do interest rates move in cryptocurrency?

43:22 What other options do people have when investing in cryptocurrency?

47:48 What is the difference in the risks between holding and staking cryptocurrency?

51:07 What does the future look like for cryptocurrency in real estate?

58:14 What is Polygon Labs focused on today?

59:46 What would the future look like for cryptocurrency in general?

Quotables

“Unless every government in every country can collectively do that at once, the Bitcoin network is going to continue to exist.”

“The original cryptocurrency really served two purposes – potentially money and potentially the stored value, but frankly, there’s so many cryptocurrencies and that’s not what they all do.”

“As much as it is, in my opinion, the area that actually gives us the brightest future when it comes to security and potential, it’s also the area that has the most scams you could possibly imagine right now.”

Links

Website: Bliss

https://offmarketbliss.ca/

Twitter/X: Marc Boiron

https://twitter.com/0xMarcB

Twitter/X: Polygon Labs

https://twitter.com/0xPolygon

Glen Sutherland is a seasoned Canadian investor with years of experience in investing in the US market. He spent years building his real estate business and today, he is on the Self Wealth Real Estate podcast to talk about his experience, what he has learned from investing in the US, and how the right systems helped him achieve stability and success in this industry.

Listen now to learn more about Glen’s US investing journey and the importance of having the right systems in your business no matter where you’re investing!

Key Talking Points of the Episode

00:00 Introduction

01:15 What is Glen’s background?

04:08 How did Glen get into real estate?

08:21 Why did Glen start investing in the US?

10:32 What is the importance of having systems in your business?

16:29 What does Glen’s operations look like today?

24:28 How does a Subject-To deal work?

31:49 How does Glen invest in the US?

35:33 What makes following up challenging when you don’t have a system in place?

40:34 What are the benefits of having the right systems in your business?

50:05 How should you approach building systems in your business?

52:38 What is Glen’s least favorite deal like?

01:00:31 What lessons did Glen learn from his least favorite deal?

01:03:54 What is Glen’s favorite deal like?

01:13:36 What lessons did Glen learn from his favorite deal?

01:16:00 What has changed in Glen’s approach to real estate?

01:17:45 What is Glen’s advice for his younger self?

01:19:02 What is the most overlooked or overhyped investing strategy today?

01:21:05 How can you get in touch with Glen?

Quotables

“A lot of people are waiting and the thing is if you wait for them to do that, what’s gonna happen is when interest rates drop, people are gonna go into the buying frenzy and prices are gonna go back up.”

“A realtor, every single one of them will tell you they can buy foreclosures but if you work with someone who is a foreclosure expert, they will know who to call at the bank, how to negotiate this, and understand the process all the way through.”

“Even when people are telling you stories, you have to understand when they sold this property because some of this might not have been because they did amazing things – some of this, the market just bailed them out.”

Links

Website: Bliss

https://offmarketbliss.ca/

Website: Glen Sutherland Coaching

https://www.glensutherland.com/coaching/

Podcast: A Canadian Investing in the US

https://podcasts.apple.com/us/podcast/a-canadian-investing-in-the-u-s-with-glen-sutherland/id1339243038