Residential Real Estate In Canada; How to Become a Successful Real Estate Investor
Keep your insights and information up to date about the BRRRR strategy. Your questions answered and connect with like-minded investors
Real Estate Investors - Are You Ready to Accelerate Your Activity?
The market is hot, interest rates are at all-time lows, everyone is telling you now is the time, it’s a ‘no-brainer’ offer, and on Facebook everywhere you turn there is suddenly another expert who made $1 million in 7 weeks!
Real estate investing sounds exciting, even easy and with the current market and opportunities where could you go wrong?
But too many investors are jumping into or expanding their portfolios without all the facts, working a proven system or having a reliable sounding board for an unbiased opinion and they are losing thousands of dollars and may not even know it yet.
Or worse they are afraid to ask or are paralyzed from making any decisions and missing great opportunities.
When I started out, I didn’t know what I didn’t know. But one thing I noticed was that there were others who had built a system, found the answers and been successful because they listened to others who had been there and done it successfully too.
Imagine in 10-15 years time quitting your 9-5 job, sitting back with a portfolio of cash flowing properties and the freedom to spend time doing what you love.
That’s what I did on October 1st, 2020, Freedom Day as I will forever call it.
In a little over 7 years, I have retired from my J.O.B. with a 10 property, 14 door portfolio using the BRRRR strategy. These were a mix of long and short-term rentals to boost cashflow while utilizing the BRRRR strategy.
It wasn’t always easy, I sure made mistakes, but there were three key things I put in place;
- I discovered and developed a proven strategy and many processes
- I built my professional power team and worked the plan for the longer term, no get rich quick or overnight success.
- I sought the guidance and advice of other successful investors and surrounded myself with like-minded people
That made the difference and helped me achieve my goal in half the time I had originally set.
And now I want to offer what I have learned and know so you can enjoy the same freedom I am now reaping.
What challenges were you facing prior to joining?
I was facing an overload of information which led to inaction. With so many real estate strategies out there it was a challenge mapping the strategy to the processes. Also, I was not clear on how to analyze a profitable deal. . Overall, I was unable to take action.
What made you choose the BF Community?
I choose the BF community for two reasons - leverage Sarah's deep expertise and be part of like-minded individuals all going through the same journey. After just a few weeks of being part of the BF community, it was apparent to me that real estate is a big industry but a very small community. Oftentimes the solution to your real estate problem comes in the form of a person. Sarah has generously shared her network and has made important connections that helped develop my team.
What difference has it made?
I am much more organized and well equipped to talk to various stakeholders (mortgage brokers, realtors, wholesalers, BCIN designers, contractors etc). Just like running any business, it is important to lay the foundation for systems and processes. Sarah helped declutter all the noise and through sharing her knowledge and experience, provided a guide for each BRRRR step - I find myself constantly referring back to these checklists. In just a few weeks, I have a strategy and a plan in place. I'm working with my team both on the ground and virtually which has given me the much-needed acceleration I was looking for.
What has surprised you most about the experience so far?
Your network is your net worth. Real estate is all about building the right relationships and working collaboratively - just like a community. Don't reinvent the wheel. Learn from others' mistakes.
If you want information that is fast and validated through referrals, this is the community for you.
Babar Moghal
"I just want to let you know, we really enjoyed your 1st training last night, it was very insightful and very informative and your delivery was impeccable, we feel like we got our money’s worth in your 1st training session.
It really gives us some guidance to narrow our focus as well, keep up the great work.
More importantly, my boys showing interest in your BRRRR program gets me excited, Warren said he is getting it, so in 90 mins and on the first call, my son knows a lot more about BRRRR than when he started his day yesterday.
You are changing lives at a young age, good on you.
I can’t wait to spread the word about your BFC"
Naipaul
Introducing Residential Real Estate In Canada; How to Become a Successful Real Estate Investor.
Sometimes you don’t need the workshops, the manuals and all the extras that large coaching packages offer. You want solid, proven advice, your questions answered and connect with others going through it at the same time.
That is what the Residential Real Estate In Canada; How to Become a Successful Real Estate Investor Program is all about.
Access to one of Canada’s leading BRRRR Experts, a group of like-minded, investors asking the questions you might be afraid to ask elsewhere, sharing their wins and disappointments and guided by someone who has been where you are right now.
This program is a full recording of a one-year online group mentoring program that was led by me, Sarah Larbi, where participants had the opportunity to hear about my strategies, lessons learned, latest advice and insights and ask the questions in a safe and supportive environment.
Topics typically cover a specific part of the BRRRR strategy or latest news or hot seat coaching/Q&A format or I bring in a member of my power team to share their insights or cover some developing news and answer your questions.
All the calls are recorded and available in the program for all members to access.
Ready to join? ENROLL IN THE PROGRAM NOW
NOTE: THIS PROGRAM IS delivered as a self-study program with access to the full 2021 year of training, modules, bi-monthly calls and Q&A’s plus all the resources.
Some of the Topics That Are Covered in the Program
- Why the BRRRR model vs other types of strategies
- Pros and Cons to the BRRRR Strategy
- Examples of properties I completed with the BRRRR strategy
- Setting up your team of experts: who you need on your team and how to find them (I will share my team as well for students that want that information)
- The Buying Process and Finding great deals
- What to look for when purchasing a BRRRR deal
- What types of properties to stay away from
- Market Fundamentals: What markets are best for the BRRRR strategy and using the checklist to analyze markets
- Setting up your searches
- Setting up your team of realtors and wholesalers
- Off-market finds
- Getting your financing ready
- Discussing the BRRRR strategy and options to BRRRR with current on market deals
- Estimating Renovation costs
- BRRRR deals: on market, in completion and completed BRRRRs
- Understanding the renovation process
- Analyzing the financials on completed BRRRR deals,
- Renos done and costs
- The financials: All you need to know about analyzing and running the numbers for a BRRRR deal
- Screening and selecting tenants: the 5 complete and thorough steps with all the documentation I use
- Standard lease agreement and the 20 pages of addendum you will want to add to it
- Tenant and Property Management
- Understanding the Residential Tenancies Act
- Financing overview using the BRRRR strategy
- Lenders and Expectations from lenders
- Scaling up your portfolio: Different strategies
- JV’s and Finding private money (if and when needed)
- BRRRRing small multifamily properties
- Conversions and legalizing properties: Duplex’s & triplex’s
- Exit Strategies
Your Instructor
Sarah Larbi
Real Estate Developer, TV and Podcast Host, Investor
“ Freedom and Lifestyle by Design”
Sarah Larbi is a Canadian real estate investor and developer and retired from her 9-5 job in 2020 after 7 years of investing in real estate. From starting her journey as a Buy and Hold Investor she then adapted the BRRRR strategy (Buy Renovate Rent Refinance Repeat) and is now transitioning to buying, developing and building some really unique projects.
Sarah Larbi Developments aims to create unique opportunities for investors made by investors that produce a great ROI and cash flow. One such example was the Napa project that offered two-unit townhouses with short-term rental opportunities which sold out pre-construction in less than a day. She is also partnering in an exciting, one-of-a-kind upscale resort project in cottage country (Coboconk, in the Kawarthas) that will redefine the definition of Canadian Cottage Resorts.
Her expertise is called upon as Guest Host and Producer of the Everyday Investor TV show on CHCH and as host and co-host on two of Canada’s top 50 all-time real estate investing podcasts, her own Where Should I Invest? and The REITE Club where she is also a co-founder.
Sarah has also been featured in The Globe and Mail, Toronto Star, Canadian Real Estate Wealth magazine and 1010 News Talk Radio and she is often a guest on numerous US and Canadian investing-focused podcasts. She has been a recurring speaker and panellist at the Investor Forum and her expertise and insights are a sought-after subject at professional networking groups.
Through her various speaking engagements, media exposure and coaching programs, Sarah has inspired and coached hundreds and now thousands of Canadians to get closer to their goals of creating freedom and designing their best life.
Course Curriculum
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StartAGENDA
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StartFacebook Community
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StartBUY- Buying Process, Searching for your Property, BRRRR Fundamentals (98:30)
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StartIndustry Experts Presentations- Off Market Properties, Cottages & Tips for your offer (124:14)
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StartRENOVATE- Deal Analysis & BRRRR Calculator (119:16)
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StartIndustry Experts Presentations- Basement Conversion & Construction (110:28)
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StartRENT- Advertising, Screening & Preparing the Lease (150:17)
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StartIndustry Experts Presentations- Property Managment & Landlord Tips (113:08)
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StartREFINANCE- Financing, Refinancing & Private Lending (120:48)
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StartIndustry Experts Presentations- Mortgages, Financial & Private Lending (81:52)
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StartREPEAT- Portfolio Growth, Funding & Joint Ventures (89:43)
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StartIndustry Experts Presentations- The legal Side of JV Agreements (84:38)
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StartShort Term & Mid Term Rentals (119:48)
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StartIndustry Experts Presentations- Short Term Rentals & Vacation properties (92:59)
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StartFinancing your BRRRR Project (88:06)
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StartIndustry Experts Presentations- Financing your BRRRR (98:14)
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StartIndustry Experts Presentations- Property Managment Explored (92:03)
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StartACCOUNTING: Taxes, Bookkeeping, & Incorporating (76:28)
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StartIndustry Experts Presentations- Incorporating discussed by a Real Estate Lawyer (85:10)
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StartLarger Multifamily and Commercial BRRRRs (86:47)
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StartIndustry Experts Presentations- Commercial Real Estate & Financing (97:47)
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StartInsights to a successful BRRRR Renovation- Renovations Part 2 (105:32)
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StartIndustry Experts Presentations-Construction & Builders Insurance, BRRRR Mortgage & Construction Loans (80:21)
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StartInvesting outside of Canada: USA & Costa Rica (72:04)
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StartIndustry Experts Presentations: Investing in the Caribbean (81:10)
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StartManaging Tenants and your rental properties (68:07)
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StartStudent Presentations- BRRRR Projects (91:35)