Summary In this episode of the Black Wealth Effect Podcast, host Mario Griffiths interviews mortgage broker Royston Simon. Royston shares his personal background and career journey, including his unconventional path to bec…
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…
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 …
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 manag…
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 f…
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,…
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 coordin…
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 …
Life insurance is often seen as a safety net for unexpected events, such as death or illness. However, it can also be utilized as a tool for long-term wealth building. By understanding the different types of life insurance p…
Investing in multi-family properties can be a lucrative move, but when it comes to cross-border investing, things can get a bit more complicated. Between navigating different laws and regulations, understanding market dynami…
Success is not a coincidence, but rather a result of intentional design towards the life you want to live. Achieving financial success requires taking action and not simply letting life unfold. And investing in real estate c…
Are you considering investing in pre-construction real estate but you're worried about the current economy? Despite the challenges, pre-construction as an investment strategy offers a way to maximize your buying power and po…
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…
The real estate market is constantly evolving, and with the current economic climate, investors need to be even more mindful of their strategies and decisions. Navigating today's real estate investing market can seem dauntin…
Many of us have a misunderstanding about investing in land development, which is the misconception that we need a large sum of money to get started. However, investing in land development can be one of the most lucrative and…
Employment never assures us of security. Even with many years of experience and time spent with a company, things are never certain. Sometimes, one day you find yourself being let go, and that's the end of it. That adds to t…
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 disc…
At first, everything you do can seem overwhelming. You even doubt yourself, make mistakes, and get confused. In real estate, the same thing can happen. While there are struggles, opportunities are abundant as well. There are…
Navigating the landlord/tenant relationship can be a struggle. And that is made even more challenging by outside forces. And being a landlord is not easy, especially when dealing with issues that test your patience and even …
It’s a long-term game to invest in real estate. To keep the business running, you need time, money, and resources. Apart from that, there are challenges and issues to contend with. Additionally, investing in relationships an…
Investing in real estate requires making business decisions. It pays to be financially savvy to run a real estate investing business. Investors are also susceptible to burnout and mental stress. The number of deals and numbe…
Dream big and build small. However, how can you have that mindset if you have no idea where to begin? You don't even have the capital to get your foot in the door?
Most people struggle with that, shutting their minds off …
Newbie investors have a tendency to fall into the shiny object syndrome. Investment opportunities abound. You do not have to jump at every chance you come across. It is best to consider specific considerations when playing t…
Getting started in real estate is often thought of as buying that first property and doing it all on your own.
But real estate investing entails many facets but that doesn’t mean you have to do it all yourself. You can al…