cashvalue

On today’s episode, Darren welcomes private lending expert, Kyle Ford from Kyle Ford Mortgages, to the show. You don’t want to miss this one, Darren and Kyle go through everything you need to know about private lending including what a typical transaction looks like, why people choose the route of private lending instead of typical financing, costs and fees involved, as well as many other key points. Tune in now!

Show notes:

00:00 - Introduction

1:30 - Introduction to Kyle Ford

5:50 - Why do successful investors choose private lending over normal financing/loan?

9:15 - Who are the lenders typically?

12:25 - What does a private lending transaction look like?

20:30 - Typical appraisal costs and lawyer fees for borrower and lender?

22:40 - What does a typical deal look like at $100,000-$300,000 loan?

33:05 - Has Kyle had a situation where the borrower didn’t pay or cannot pay their loan?

37:30 - If I want to loan money from my RRSP or TFSA, what does that process look like?

42:55 - What are the things Kyle is most excited about right now? Intro to CapGap Mortgage Trust

45:55 - What type of lending will CapGap be doing?

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WEBSITE: https://www.kylefordmortgages.com/

 

On today’s episode, Darren and Christina break down what it looks like if you use cash inside your corporation to fund an infinite banking policy. You’re not going to want to miss this episode as they go over the tax implications, OpCo vs. HoldCo, and what you can use the cash for in a policy. Tune in now!

Show notes:

00:00 - Introduction

1:20 - CCPC (Canadian controlled private corporations) tax implications

7:55 - Using corporate dollars for infinite banking

13:35 - OpCo vs. HoldCo

17:20 - Can I put a policy on my kids/spouse within my corporation?

20:00 - Surviving shareholders

23:50 - What else can you use the money in your corporate policy for?

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On today’s episode, Darren and Christina discuss the recent banking collapse scare with Silicon Valley Bank leading the way. They also get into what this could mean for the insurance companies that they use for infinite banking participating whole life policies. Don’t worry, it’s good news for infinite banking even though it might be bad news for the banks!

Show notes:

00:00 - Introduction

1:25 - Life insurance contracts for infinite banking policy: are they at risk?

8:20 - Levels of protection with the insurance companies we work with

14:45 - Oversight, reserves, and regulations of the insurance industry in Canada

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On today’s April update episode, Darren and Christina do an analysis of the 2023 Canadian federal budget including increases on tax rate, 1.18 trillion dollars in federal debt, but no changes to life insurance! They also chat about the updates to RESP as well as how the insurance companies that are compatible with infinite banking fared this past year in terms of revenue. Tune in now!

Show notes:

00:00 - Introduction

1:00 - Thank you to our listeners/viewers!

2:05 - Budget Analysis

5:00 - Government’s solution for housing crisis

8:35 - RESP Updates

11:55 - Alcohol tax increase gets lowered…Canadians let out sigh of relief

13:05 - Insurance companies update

14:05 - Inflation and interest rates update

16:30 - C&C episode update

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On today’s episode, Darren and Christina are breaking down the Canada Pension Plan and Old Age Security. They go over the ins and outs of each fund and most importantly, let you in on a few dirty little secrets of the CPP. Tune in now!

Show notes:

00:00 - Introduction

1:55 - What can you get from CPP and OAS?

4:00 - Breaking down OAS (old age security)

11:15 - Breaking down Canada pension (cpp)

16:35 - Why is age 65 the most common age to take CPP?

22:05 - The dirty little secrets of CPP

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On today’s episode, Darren and Christina break down the differences between universal life policies and participating whole life policies including the fees associated, tax differences, the volatility difference, and which one you should be using for an infinite banking policy. Tune in now!

Show notes:

00:00 - Introduction

3:05 - What is a Universal Life Policy

6:25 - Fees associated with Universal Life

10:30 - Volatility of a Universal Life Policy

13:40 - How many can you access from each policy?

17:15 - What are the tax advantages of each policy?

22:15 - Why is there confusion between the two policies?

24:15 - YRT vs. Level

29:50 - Summary of the policies

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On today's episode, Darren welcomes Cherry Chan to the podcast! Cherry is a CPA and probably the most recognized real estate investing accountant in Canada and Darren and Cherry chat about how real estate investors can avoid paying unnecessary taxes when doing business. Tune in to this one, you don't wanna miss it!

Show notes:

00:00 - Introduction to Cherry Chan

6:20 -  What taxes do you need to be aware of as a real estate investor

15:55 - Should you incorporate for tax purposes?

21:35 - New flipping rules

28:35 - PREC (Personal Real Estate Corporation) vs. small business

32:50 - How difficult is it to invest in USA

38:00 - Tax implications for Airbnbs

42:55 - Common tax questions

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FIND CHERRY CHAN ON:

INSTAGRAM: https://www.instagram.com/realestatetaxtips/?hl=en

YOUTUBE: https://www.youtube.com/@RealEstateTaxTips

WEBSITE: https://realestatetaxtips.ca/

On today’s episode, Darren and Christina dive deep into the world of joint venture deals and dissect what it takes to form a strong partnership to secure a successful joint venture. Darren also talks about the current joint venture deal he has going on in his portfolio. Tune in now!

Show notes:

00:00 - Introduction

00:45 - What’s a joint venture deal?

2:25 - How do I find a joint venture deal?

3:45 - Finding the right partner

10:20 - Contingency plans and setting up the joint venture partnership

13:15 - Example of a joint venture deal

16:15 - Using infinite banking in a joint venture deal

22:45 - Darren’s joint venture deal

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On today’s March Update episode, Darren and Christina chat about a potential recession coming, an update on the stock market and real estate market and they also have some great news in the insurance industry! Tune in now!

Show notes:

00:00 - Introduction

00:30 - Is a recession coming?

2:55 - Interest rates announcement on March 8, will there be a hike?

4:05 - Stock market update

6:50 - Real estate market update

8:25 - Control and Compound news - New Real Estate Webinar

11:00 - Insurance Industry Update

14:00 - Podcast episodes you may have missed

15:00 - Upcoming podcast episodes

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If you have children, you need to check this episode out! Darren and Christina break down the difference between using an RESP (registered education saving plan) and an infinite banking policy on a child. The results are incredibly impactful and if you were thinking an RESP is the right choice before this episode, your mind may very well be changed by the end of it! Tune in now.

Show notes:

00:00 - Introduction

1:50 - What can you use an RESP for?

5:05 - How does an RESP work?

8:05 - What happens ifyour child (the beneficiary) doesn’t attend a higher education institution?

13:50 - Risk/tolerance of putting RESP in stock market

18:15 - Example of an RESP policy in action

20:15 - Infinite banking policy on child in action

29:40 - What an infinite banking child policy can do in comparison to an RESP

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On today’s episode, Darren sits down with Josh Findlay and Ehren Laycock of the Findlay Mortgage Team to discuss all things mortgages including where to look for a mortgage, the most common types of mortgages, the key differences between A and B lenders, as well as some other unique products that investors are using these days. Tune in now!

Show notes:

00:00 - Introduction

1:18 - Intro to Josh and Ehren from Findlay Mortgage

4:50 - Where should I look for a mortgage?

8:10 - Most common mortgage for a buy and hold?

11:15 - A vs. B lenders; Key differences between them and what they’ll give you

14:00 - What kind of interest rates; A side vs B side lending

21:00 - Options besides A and B

25:45 - When would you use a mortgage investment company?

31:00 - Are lenders more hesitant in a small town vs. big city?

39:35 - Any other unique products that investors are using?

42:05 - How to get in touch with Findlay Mortgage

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FIND FINDLAY MORTGAGE ON:

WEBSITE: https://www.findlaymortgage.com/

INSTAGRAM: https://www.instagram.com/thefindlayteam/?hl=en

YOUTUBE: https://www.youtube.com/channel/UCHyUMXqdg7zMJgjmFJpUfqg/videos

On today’s episode, Darren and Christina break down all of the types of insurance that you can purchase, which ones are the most important, which ones are maybe not exactly necessary, and everything in between! Tune in now.

Show notes:

00:00 - Introduction

1:25 - What is your greatest asset?

2:05 - Breaking down critical illness insurance

8:40 - Disability insurance and why it differs from critical illness insurance

10:00 - Personal vs. group disability insurance

15:20 - Breaking down accidental death and dismemberment insurance

19:25 - Breaking down long term care insurance

22:35 - What are health care spending accounts

26:40 - Breaking down health and dental insurance

31:50 - Breaking down home and auto insurance

35:35 - Christina’s favourite! Pet insurance

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On today’s episode, Darren and Christina break down how to flip a house properly including how to find the best deal, understanding ARV, doing the most efficient renovations, and most importantly, how the infinite banking strategy completely enhances the process of successfully flipping a property. Tune in now!

Show notes:

00:00 - Introduction

3:24 - Finding the best deal

6:30 - Understanding ARV - After Repair Value

10:00 - Finding the money to take on the flip

10:55 - Renovations

12:30 - Selling the property

14:00 - How does infinite banking enhance flipping

19:10 - The ideal property to buy

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Welcome to February everyone! Darren and Christina go through a few updates including the recent interest rate hike and speculation on where rates will go for the rest of the year, a potential bounce back in the stock market, mortgage rates and GIC updates, a pricing outlook for housing in 2023 and finish with some updates within Control and Compound Financial and a question from our listeners!

#infinitebanking #stockmarket #realestateinvesting

Show notes:

00:00 - Introduction

1:00 - Interest Rates Update

3:20 - Stock market update - bounce back?

4:55 - Mortgage rates update

5:20 - GIC update

6:25 - Housing price outlook - 6% drop

8:05 - Control and Compound updates

9:55 - Questions from listeners

15:25 - Podcast episodes released in January

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On today’s episode, Darren and Christina break down all the components of life insurance including what kinds are available, what the best options are, and how and which policy you should be using when it comes to the infinite banking strategy. You don’t want to miss this episode!

Show notes:

00:00 - Introduction

1:08 - How many types of life insurance are there?

2:00 - Breaking down term 10 insurance

6:40 - Options at the end of a term 10 policy

13:00 - Breaking down term 20 insurance

20:55 - Breaking own universal life insurance

32:20 - Participating vs. non-participating whole life policies

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On today’s episode, Darren and Christina had the pleasure of welcoming Neal Andreino and Chandler Haliburton, hosts of the Master Keys podcast, to the show. Master Keys is the #1 real estate investing podcast in Atlantic Canada and Neal and Chandler have their fingers on the pulse of all things real estate investing and development in Halifax and the surrounding areas.

The four chat about many different topics including Neal and Chandler’s current portfolios, whether or not the BRRRR model can still be effective in today’s market, their thoughts on the 2% rent cap, backyard suites and bungalows, and their future outlook on the East Coast market.

Show notes:

00:00 - Introduction

1:50 - How Neal and Chandler got into real estate

5:45 - Neal and Chandler’s first purchase in the real estate world

14:30 - How Neal and Chandler grew their portfolios

19:55 - Is the BRRRR model still effective in Halifax…Canada?

22:50 - Breakdown of the Halifax market: past, present, and future

29:38 - Chandler’s current land development

40:45 - How tough is it to get tradespeople in Halifax

43:40 - Cost of goods for construction

47:00 - Thoughts on the 2% rent cap

51:00 - Predictions on if the 2% rent cap will stick around

55:55 - Backyard bungalows and suites

1:03:10 - Application to get permits to build outside HRM

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FIND MASTER KEYS ON:

INSTAGRAM - https://www.instagram.com/masterkeyspodcast/?hl=en

TIKTOK - https://www.tiktok.com/@masterkeyspodcast?

FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/

YOUTUBE - https://www.youtube.com/channel/UCbwGbXm4rUWTZ-_6TOkuHfg?app=desktop

On today’s episode, Darren and Christina break down how pre-construction projects work, a step by step process of what you need to do and they finish the episode off with how infinite banking can be used to enhance these types of projects. Tune in now!

Show notes:

00:00 - Introduction

1:15 - Hands-on vs. hands-off investing

2:45 - What is pre-construction?

4:00 - Example of pre-construction project

8:45 - Breaking down the steps you need to take for pre-construction project

15:45 - Picking the right builder for the project

20:00 - The 3 clauses you need to know about

26:55 - How infinite banking makes a pre-construction project better

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On today’s episode, Darren and Christina go over the SMART goals strategy, how to get organized for the year, making sure you set BIG goals, and finish the episode with how Control and Compound specifically sets and attains their goals.

Show notes:

00:00 - Introduction

1:05 - SMART goals method

2:15 - Specific goal

4:00 - Measurable goal

6:05 - Attainable goal

7:10 - Relevant goal

8:00 - Timeline for goals

10:00 - Big hairy audacious goals

14:30 - How Control and Compound sets and reaches goals

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In the first episode of a series breaking down Darren’s book “Infinite Banking for Real Estate Investors”, Darren and Christina chat all things private lending and how you as an investor can use other people’s money to take advantage of opportunities in the market. This strategy is what some of the most savvy investors use and after listening to this episode, you too can use it effectively. The episode concludes with Darren and Christina explaining how using infinite banking concept with private lending can be a true game changer. Tune in now!

Show notes:

00:00 - Introduction

2:00 - Why do private lenders loan money?

4:00 - What does a typical loan look like?

6:10 - What does it mean to be in first position?

14:25 - Where do you find private money?

19:10 - Costs associated with borrowing private money

21:05 - Incorporating infinite banking with private lending

27:10 - What other podcast episodes will help me with this?

29:50 - Wrapping up

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Happy New Year folks! It’s the first Control and Compound update episode of 2023, Darren and Christina look back on a great 2022 and then forecast the upcoming year and what we should expect to see with interest rates, the stock market, housing market, and of course the insurance industry at large. The team at Control and Compound is pumped for a huge year and we have some great podcasts coming out soon so be sure to check back soon!

Show notes:

00:00 - Introduction

00:55 - Interest Rates for 2023

5:30 - Stock markets in 2023

6:24 - Housing market in 2023

9:45 - Industry news

12:25 - Control and Compound updates

16:30 - Podcast updates

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