The second in our Round-Table series, is our January meeting where real-life members and professionals will share with you their secrets of holding real-estate.
At this OREIO event, you will learn...
- how experts manage their properties.
- the best tricks and techniques to doing your own rehab project.
- how to handle tenants before and after they become a 'learning opportunity'.
- how to refinance your property and how to use RRSP mortgages.
- how to manage your bookkeeping to keep the tax man at bay.
Guest speakers include:
Joanne Beehler is the President of Spirepoint Properties and has been an active investor since February 2002. Spirepoint's portfolio is currently worth over $4M and is made up of 30 doors including multi-units, rowhouses and single family homes. Joanne has coordinated and performed extensive rehab projects and flips and brings to the table her experience in executing and managing real estate joint venture partnerships as well as completing RRSP 2nd mortgages. Joanne was featured in the Globe and Mail as a successful investor in 2004. Since early 2007, she has been teaching people how to buy profitable real estate.
Kathryn (Kasey) Young is a Business Development Associate with TD Waterhouse Discount Brokerage, Canada's leading Discount Brokerage. She works out of the TD Waterhouse office in Kanata Centrum. She has several years experience in the investment industry and has worked in the "Self Directed" area for the past 3 years. Kasey has assisted several clients (including OREIO members) in setting up Arms Length Mortgages to fund their ventures and she is available to assist you too!
Stefka Zaharieva has 6 years experience in the accounting field as a bookkeeper & staff accountant. After graduating from University of Ottawa with a Bachelor of Commerce degree she has worked for several accounting firms. Currently she works as a bookkeeper. Most of her clients are small to medium size companies from different industries, including real estate investing. Depending on the client's needs, she provides training, setting up the companies' books and preparing financial statements and year-end files.
David Lyman has practiced residential rent control, landlord and tenant law, and municipal property tax assessment law, and related litigation with John Dickie since December 1999. David is Vice-President of the Eastern Ontario Landlord Organization and a trusted voice for landlords in Ottawa. Since 1999, David has represented landlords in more than 70 rent review applications, allowing landlords to optimize rents on tens of thousands of rental units. In the Eastern Region, David is the most active lawyer in rent review applications, representing dozens of landlords in applications covering thousands of rental units. David has acted for landlords in all types of matters before the Ontario Rental Housing Tribunal, now known as the Landlord and Tenant Board.
With John Dickie, David co-authored "Working with the Residential Tenancies Act", a legal textbook published by Emond-Mongomery Publications. (to order the book call Emond-Montgomery at 1-888-837-0815 or click here for an order form.)
Ashraf Arif is a graduate form Dalhousie University with a Computer Science Degree and a former banker with CIBC. He began his Real Estate investing career in 1999. He began to buy single homes along with multifamily properties and quickly advanced to buying larger investment properties. He focused on purchasing run-down properties that were poorly managed with a non desirable tenant base; and then overhauedl the property completely, turning them into a high quality properties, which generate an excellent cash return.
Throughout this process, he encountered a large number of frustrated investors that not only had a hard time handling the day to day operation of their property, but also had a hard time making their property work as an investment. His personal experience combined with his passion for real estate helped him to establish a property management company in Feb, 2001. Today, AEI (Arif Enterprises Inc) manages over 500 units in Ottawa and surrounding areas. They are rapidly growing in the Ottawa real estate market and have recently opened Synercapital Real Estate Services Inc, a new Real Estate Company. Ashraf's claim to fame has been his success in finding the right investment property and then managing them well.