EP350 Navigating the 2025 Currency Exchange CAD vs USD with Rahim Madhavji

A Canadian Investing in the U.S. with Glen Sutherland

#Podcasting Education #A Canadian Investing in the U.S #Glen Sutherland

24:35

It’s the very first episode of The Big Pitch with Jimmy Carr and our first guest is Phil Wang! And Phil’s subgenre is…This Place is Evil. We’re talking psychological torture, we’re talking gory death scenes, we’re talking Lorraine Kelly?! The Big Pitch with Jimmy Carr is a brand new comedy podcast where each week a different celebrity guest pitches an idea for a film based on one of the SUPER niche sub-genres on Netflix. From ‘Steamy Crime Movies from the 1970s’ to ‘Australian Dysfunctional Family Comedies Starring A Strong Female Lead’, our celebrity guests will pitch their wacky plot, their dream cast, the marketing stunts, and everything in between. By the end of every episode, Jimmy Carr, Comedian by night / “Netflix Executive” by day, will decide whether the pitch is greenlit or condemned to development hell! Listen on all podcast platforms and watch on the Netflix Is A Joke YouTube Channel . The Big Pitch is a co-production by Netflix and BBC Studios Audio. Jimmy Carr is an award-winning stand-up comedian and writer, touring his brand-new show JIMMY CARR: LAUGHS FUNNY throughout the USA from May to November this year, as well as across the UK and Europe, before hitting Australia and New Zealand in early 2026. All info and tickets for the tour are available at JIMMYCARR.COM Production Coordinator: Becky Carewe-Jeffries Production Manager: Mabel Finnegan-Wright Editor: Stuart Reid Producer: Pete Strauss Executive Producer: Richard Morris Executive Producers for Netflix: Kathryn Huyghue, Erica Brady, and David Markowitz Set Design: Helen Coyston Studios: Tower Bridge Studios Make Up: Samantha Coughlan Cameras: Daniel Spencer Sound: Charlie Emery Branding: Tim Lane Photography: James Hole…

рік тому 23:49

MP3•Головна епізоду

Guest: Raheem Madjavi, President of Knightsbridge Foreign Exchange Topic: Currency Exchange, Interest Rates, and Economic Trends Key Points Discussed: 1. Knightsbridge FX Overview o Knightsbridge FX specializes in currency exchange services, offering better rates than banks for buying/selling US dollars. o It's often cheaper than using traditional banks, but users should shop around. 2. Factors Influencing the Canadian Dollar (CAD) o The CAD's strength depends on the relative performance of the Canadian and US economies. o A stronger US economy draws investment, strengthening the US dollar. o Recent trends:  Canada is cutting interest rates faster than the US, driving funds into the US.  Economic uncertainty, such as potential tariffs, creates a risk premium that weakens the CAD. 3. Inflation and Interest Rates o Lower inflation in Canada allows for more rate cuts to stimulate the economy. o The US economy remains robust, leading to fewer rate cuts. o Rate cuts in Canada could continue, potentially weakening the CAD further in the short term. 4. Tariff Concerns and Economic Risks o Tariffs could severely impact the Canadian economy, pushing the CAD down further. o If implemented, the CAD could weaken to 1.50 against the USD. 5. Long-Term Outlook for CAD o Currency fluctuations are cyclical and often tied to resource prices like oil. o In the next 1–3 years, Canada's economic prospects may improve, stabilizing the CAD. 6. Investment Advice on Currency Timing o Avoid trying to time the currency market; it’s unpredictable due to global events (e.g., wars, political changes). o Instead, focus on the fundamentals of your business or investments. o If an investment makes sense financially, proceed without overanalyzing currency trends. 7. Practical Tips for Investors o Buy currency only when needed rather than speculating on future rates. o Accept that currency markets are volatile and plan investments to account for fluctuations. 8. Closing Thoughts o Stability in currency rates is desirable for investors and businesses. o Successful investments should generate returns that outweigh short-term currency fluctuations. o Focus on long-term goals rather than being distracted by market timing. This episode highlights the importance of understanding macroeconomic factors while emphasizing pragmatic strategies for investors dealing with cross-border transactions.

350 епізодів

EP350 Navigating the 2025 Currency Exchange CAD vs USD with Rahim Madhavji

A Canadian Investing in the U.S. with Glen Sutherland

published рік тому

Поширити

MP3•Головна епізоду

350 епізодів

#Podcasting Education #A Canadian Investing in the U.S #Glen Sutherland

Усі епізоди

1
EP367 The Hidden Costs (and Benefits) of Selling U.S. Real Estate as a Canadian with Tricia Lehane 23:19

27 днів тому23:19

23:19

Trisha Lehane – Realtor based in Scottsdale, Arizona with RE/MAX, specializing in working with Canadian buyers and sellers. Background: Originally from Canada, Trisha has lived in Arizona for 20 years. She has deep roots in Canadian provinces like Manitoba, Saskatchewan, Alberta, BC, and Yukon. Her real estate career pivoted to working with Canadians after selling a million-dollar property to a Vancouver buyer in 2008. Key Topics Covered: Canadians Selling U.S. Property Many Canadians are selling U.S. properties due to: Currency fluctuations (e.g., CAD–USD exchange rate). Rising HOA fees and living costs. Aging and changing lifestyles. FIRPTA (Foreign Investment in Real Property Tax Act): 15% of the gross sale price is withheld by the IRS. If the property is under $300K, it’s up to the seller to file documents via their accountant. Capital Gains Tax: 15–20% in the U.S. Canada taxes 50% of gains at the marginal tax rate. ITIN Requirement: Required for tax filing in the U.S. Sellers need it if they don’t already have one from renting out their property. 💡 Seller Tips & Resources Keep records of all improvements for capital gains deductions. Donating furniture (e.g., to Habitat for Humanity) can offset FIRPTA. Trisha provides full support, including: Trusted professionals (accountants, currency exchange, contractors). Marketing (MLS, drone photography, staging). Selling remotely without being physically present. 🏠 Buying Process for Canadians Trisha recommends reaching out 3–6 months before planning to buy. She sets up a personalized MLS portal to monitor and learn the market. Most Canadian clients are buying second homes, though some purchase rentals or move permanently. Works with Canadian-friendly lenders (e.g., RBC Bank). Buyer agency agreements are mandatory in Arizona before viewing homes. Typical process: Pre-qualification. Offer and negotiation. Home inspection (10-day window for repairs or credits). Closing via title companies (no lawyers needed, unlike Canada). Canadians can close remotely. 🌆 Arizona Market & Economic Outlook Arizona, especially the Phoenix–Scottsdale area, is booming. Major developments: $100B investment by TSMC (Taiwanese semiconductor company). An additional $60B+ in supporting infrastructure and companies. Arizona offers lifestyle perks: golf, fine dining, shopping, warm climate.…

1
EP366 How We Almost Lost It All — And Closed Anyway with Ian Drewe 22:34

5 weeks тому22:34

22:34

In this episode, Glen sits down with Ian, founder of Avoca Property, for a candid and action-packed conversation about the real behind-the-scenes journey of closing a multifamily deal. From early missteps in digital marketing and investor engagement, to legal battles, PE fund bait-and-switches, and $200,000 in legal fees — Ian doesn’t hold back on the tough lessons learned. They talk about: The challenges of raising capital without a track record Navigating flaky commitments from family offices and equity partners Why retail investors ended up being the key to getting the deal over the line The unexpected downside of expensive mastermind groups How Avoca Property is now approaching capital raising before bidding on deals Why working only with people you trust is the ultimate success metric Glen and Ian also compare notes on their eerily similar journeys — flipping hundreds of single-family homes, co-GPing larger multifamily deals, and learning (sometimes the hard way) how to structure better partnerships and raises for future projects. If you’re in the trenches of real estate investing, syndication, or capital raising, this one’s for you. Full of wisdom, war stories, and laughs — don’t miss it.…

1
EP365 From Flips to Financing: Hidden Strategies f/ Canadians Investing in the US with Chris Micucci 23:59

6 weeks тому23:59

23:59

In this episode of "A Canadian Investing in the US," host Glen Sutherland interviews Chris Micucci, a college professor and real estate investor who began investing just over three years ago. After taking Glen's class, Chris quickly seized an opportunity presented in an email and bought his first property. Since then, he has engaged in various investment strategies, including flips and the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, and has transitioned into lending as a Canadian mortgage agent working with American lenders. Chris emphasizes the importance of taking action in real estate investing, highlighting that many potential investors fall into analysis paralysis. He believes that success comes from actively engaging in the market and learning through experience. The conversation then shifts to the lending landscape for Canadians investing in the US. Chris outlines how lending practices differ between Canada and the US, emphasizing that in the US, the rental income generated by a property is the primary factor for mortgage qualification, rather than the investor's income or credit score. Key points discussed include: The significance of having a solid team and the importance of networking in the real estate industry. The various types of loans available in the US, with a focus on purchase loans and how property vacancy can impact loan rates. The necessity for proper documentation and organization when applying for loans, as well as the importance of understanding property value before making purchases. The benefits of using a lender for investment projects, as they provide oversight and protection during renovations. Chris also advises potential investors to consider hiring a coach to navigate the complexities of US real estate investing or at least work closely with knowledgeable lenders. The episode concludes with Chris sharing his contact information for those interested in exploring lending options for their investment properties.…

1
EP361 Building USA Fico Credit Scores on ITINs for Canadians with Jane Mepham 21:51

15 weeks тому21:51

21:51

In this week’s episode, I sat down with Jane from Elgon Financial Advisors, who specializes in helping foreign-born individuals navigate US finances. We covered everything you need to know about building US credit as a Canadian investor!

1
EP363 How AI is Revolutionizing Business/ Real Estate Communication with David Criss 29:59

16 weeks тому29:59

29:59

In this episode, Glen Sutherland sits down with David Chris from Action to Call to explore how AI-powered virtual agents are transforming business communication. They discuss how AI can handle customer interactions, schedule appointments, and improve response times—ensuring businesses never miss a call. David shares real-world applications, including AI-driven real estate assistants and Airbnb concierges, and even provides demo numbers for listeners to experience the technology firsthand.…

1
EP364 How Landlords Can Build Tenant Credit & Ensure On-Time Rent with Grant Burwash 21:36

16 weeks тому21:36

21:36

In this episode, we dive into how FrontLobby helps landlords report rent payments to credit bureaus, screen tenants, and improve rental management. Our guest explains how incorporating FrontLobby into lease agreements and rental ads can attract high-quality tenants and ensure timely rent payments.

1
EP360 How to Restart Real Estate After Losing it All with Mathew Owens 24:12

16 weeks тому24:12

24:12

EP360 How to Restart Real Estate After Losing it All with Mathew Owens by Glen Sutherland

1
EP359 The Land Investor’s Playbook Buy Low, Sell High, Get Paid Monthly w Mark Podolsky (1) 25:15

16 weeks тому25:15

25:15

The podcast episode is a deep dive into creative financing for land deals, focusing on strategies like land contracts, due diligence, and automation in the land investing business. Here’s a summary of the key points: Selling Land with Creative Financing The guest discusses selling land using a land contract rather than a lease option or contract for deed. A land contract ties the property to a promissory note and purchase-sale agreement, where the buyer makes payments until they fully own the land. If the buyer defaults, there’s no need for foreclosure—after a 35-day cure period, the seller keeps the down payment and past payments and resells the property. Why land contracts? They avoid the legal complexities and costs of foreclosure, which are required for contract-for-deed arrangements. Managing Seller-Financed Land Deals The guest automates payments through GeekPay.io, a software that manages payments, notifications, and prepayments. The goal is to build a scalable business, not a high-maintenance job. 90% of the process can be automated using systems, processes, and virtual assistants. Land Due Diligence & Market Selection Due diligence for land is simpler than for houses. Key factors include: Checking if utilities are available. Verifying land use permissions (e.g., whether someone can build on it). Avoiding Superfund sites (polluted land with expensive cleanup costs) using EPA.gov. Targeting rural land within 1-3 hours of a city where demand exists. Why Seller Financing Works for Land Traditional banks won’t finance land, so seller financing fills the gap. Hard money lenders also avoid land deals because they don’t want to hold the asset. Buyers often care more about monthly affordability than the total price, making payments an attractive selling point. Land Investing vs. Traditional Real Estate Compared to fix-and-flip or rental properties, land investing avoids: Tenants, repairs, and maintenance issues. Regulations like Dodd-Frank and RESPA that apply to housing. The business model is: Buy land at 25-30% of market value. Sell it at market price with seller financing. Create passive income from monthly payments. Coaching & Resources The guest started teaching land investing after helping a student make $300K on a deal. His mission is to help people escape solo economic dependency (trading time for money). He offers free resources, a done-with-you program, and a done-for-you program for different experience levels. His book "Dirt Rich" is available for free (just pay shipping). Final Takeaway Land investing through seller financing provides a scalable, low-maintenance way to generate passive income without the typical headaches of real estate investing. https://landgeek.samcart.com/products/dirt-rich?utm_source=glen-sutherland&utm_medium=podcast…

1
EP357 Scaling Your Real Estate Portfolio & Knowing When to Sell with Ian Horowitz 22:29

16 weeks тому22:29

22:29

In this episode, I sit down with Ian Horowitz from Equity Warehouse to discuss the journey of scaling a real estate portfolio, managing risk, and knowing when to sell. Ian shares his experience transitioning from high-risk investments in Baltimore to more stable and profitable deals in primary markets like Philadelphia.…

1
EP358 Manufactured Housing Using the Fund Model with Sean Gibson and Alden Guajardo 23:34

18 weeks тому23:34

23:34

This episode explores the world of manufactured housing as a unique investment opportunity in the US. Glen is joined by Alden and Sean, who specialize in originating notes and investing in manufactured housing communities, providing insights into this niche market. Key Highlights 1. Defining Manufactured Housing Often confused with RVs or trailers, manufactured homes are single-move properties transported from the factory to a lot. Typically found in established communities with amenities like pools, city utilities, and more. Units are personal property, titled through the DMV, unlike traditional real estate. 2. Property Features Focus on 3-4 bedroom homes (800-1300 sq. ft.) to cater to families. Renovated properties with modern amenities like granite countertops and new appliances. Homes are placed in family parks or 55+ communities. 3. Investment Opportunities Note Investing: Individuals can purchase notes secured by manufactured homes, earning returns without managing tenants or properties. Accredited Fund: The Silvercrest Opportunity Fund offers diversified portfolios of notes, with 1-year (10% net) and 3-year (12% net) investment terms. 4. Risk and Mitigation Note Investing: Slightly higher risk due to potential non-performance, but supported by the fund's back-office services for repossession and resale. Fund Model: Diversifies risk across multiple notes, with the management team handling repossessions, retitling, and remarketing. 5. Advantages of Manufactured Housing Affordable housing demand continues to rise. Investment provides opportunities for passive income, with lower risk than traditional real estate. Evictions for non-performing notes are simpler and less costly than traditional foreclosures. 6. Underwriting Process Buyers are rigorously qualified with credit checks, employment verification, and substantial down payments. This reduces repossession risks and ensures steady cash flow. Host’s Takeaways Manufactured housing provides diverse investment pathways: individual notes, accredited funds, or direct property ownership. Eviction is a cost-effective recourse compared to traditional foreclosure, minimizing potential losses. Negative stereotypes around manufactured housing are outdated as the market evolves with modern communities and high standards. Closing Remarks: Alden and Sean emphasize the significant opportunities in manufactured housing, particularly for investors seeking affordable entry points and consistent returns. They invite listeners to explore this growing sector further, highlighting its potential to diversify portfolios.…

1
EP356 Mastering Tenant Screening and Landlord Advocacy with Kayla Andrade 24:16

18 weeks тому24:16

24:16

Kayla Andrade emphasizes the importance of landlords staying informed and advocating for policy changes to better support the housing industry in Ontario. She encourages collaboration with elected officials and industry experts to address issues like tenant accountability and affordable housing. Tenant Screening and Rent Reporting: Tenant screening is crucial to avoid problematic tenants. Kayla advises landlords to: Conduct their own long-form credit checks (e.g., through Equifax). Match tenant application details with credit data to identify discrepancies. Avoid accepting credit reports directly from tenants, as these can be falsified. Monthly rent reporting is a valuable tool that benefits both landlords and tenants: It helps tenants build their credit with on-time payments. It acts as a deterrent for tenants who might not pay rent consistently, ensuring accountability. Challenges in the Housing Sector: Kayla highlights systemic issues such as shelters being overcrowded, reliance on motels as housing, and the use of shipping containers for accommodations. These reflect broader problems in addressing housing needs effectively. Advocacy as a Solution: Kayla encourages landlords to become professional and customer-service-oriented while protecting their investments. She calls for more government support for landlord education and policy reform to address current challenges. Kayla herself provides one-on-one consultations, educational resources, and runs the Ontario Landlord Watch Facebook group to support landlords. Personal Insights: Kayla shares her own experiences, such as dealing with tenants who split up and the importance of setting clear expectations upfront. She mentions her reluctance to enter politics due to personal commitments but remains focused on helping landlords through advocacy and education. Call to Action: Landlords should join advocacy groups like Ontario Landlord Watch and stay informed about policy changes. Collaboration and proactive efforts are needed to create a better housing environment for both landlords and tenants.…

1
EP355 From Airbnb to Boutique Hotels Scaling Your Real Estate Investments with Rich Monroe 22:39

18 weeks тому22:39

22:39

This podcast episode of Canadian Investing in the USA features Rich Monroe, an experienced real estate investor based in Atlanta, Georgia, who focuses on short-term rentals, Airbnbs, and boutique hotels. Over his 20-year career, Rich has worked with single-family homes, multi-family properties, and hotels. His main focus has shifted toward distressed property investments, particularly boutique hotels, due to the flexibility and value creation opportunities they provide. Key Points: Geographic Focus: Rich primarily invests in the southeastern U.S., including Atlanta, Tampa (Florida), North Georgia mountains, North Carolina, and Tennessee. Investment Strategies: Fix and flip distressed properties for short-term rentals. Rental arbitrage by leasing properties for Airbnb use. Management of short-term rentals for other investors (earning ~25% management fees). Shift to Hotels: Hotels offer flexibility since value is based on net operating income, not appraised property values. They allow for higher returns by leveraging operational efficiencies, remodeling, and licensing advantages, particularly in markets with strict Airbnb regulations. Ongoing Projects: Rich is working on a 104-room cabin resort in North Georgia that includes amenities like a wedding venue, spa, restaurant, and horseback riding. He’s also exploring distressed hotels and conversions into boutique-style accommodations. Regulatory Challenges: Short-term rental regulations in cities like Atlanta and New York have pushed Rich toward the hotel space, which has more stable licensing structures and fewer restrictions. Creating Experiences: To differentiate his properties, Rich focuses on creating unique guest experiences with amenities like pools, pickleball courts, fire pits, and organized activities such as yoga or events. Collaborative Approach: Rich emphasizes partnering with experienced professionals in the hotel space to reduce risk and streamline operations. He’s also exploring innovative strategies like hotel-to-condo conversions, offering individual investors opportunities to buy rooms. The discussion highlights the strategic advantages of hotel investments and the importance of diversifying income streams in real estate.…

1
EP354 From Luxury Yachts to Lucrative Properties - Teamwork, Transparency, and Real Estate Triumphs with Scott Kidd 26:01

18 weeks тому26:01

26:01

In this engaging episode, we sit down with Scott Kidd, a seasoned yacht manager and real estate investor, to explore the fascinating parallels between managing luxury yachts and navigating the world of real estate syndication. Scott shares valuable insights from his unique career journey, emphasizing leadership, problem-solving, and building strong relationships as the keys to success in any industry. Key Takeaways: The Power of Team Alignment: Whether managing a yacht or a real estate syndication, having a cohesive team with shared goals is crucial for success. One misaligned team member can disrupt the entire operation. Lessons from Yacht Management: Scott draws on his experience handling high-pressure situations for billionaire clients, emphasizing the importance of quick problem-solving and adaptability—skills that seamlessly translate into real estate investments. Syndication Insights: For those exploring real estate syndications, Scott outlines red flags to watch for: Vet the operator's track record and experience, especially during challenging market cycles. Assess their communication style—transparent, consistent updates are essential. Ensure their interests align with yours by verifying they have "skin in the game." Luxury Investments – Boats vs. Real Estate: Scott shares a candid comparison between investing in yachts and real estate. While yachts are depreciating assets with high maintenance costs, real estate, particularly multi-family properties, offers more sustainable long-term returns. Networking and Collaboration: Scott discusses the importance of networking and learning from others, highlighting his group, the Yachty Real Estate Investors, which welcomes anyone eager to grow and share knowledge. About Scott Kidd: Scott is the founder of InvestWithScottKidd.com, where he provides resources, podcasts, and investment opportunities. He also hosts the Yachty Podcast, which originally focused on real estate investing for yacht professionals but has expanded to include a broader audience. Links and Resources: Visit Scott’s website: InvestWithScottKidd.com Join the Yachty Real Estate Investors group for networking and support. Stay tuned for Frederick’s guest appearance on the Yachty Podcast (links in the show notes)! Final Thoughts: This episode is a masterclass in applying leadership, communication, and teamwork principles across industries. Whether you're a seasoned investor or just starting your journey, Scott’s advice will inspire you to think critically, act decisively, and build strong connections. Tune in and discover how to navigate your own path to success!…

1
EP362 Rent-by-the-Room Real Estate Strategy with Ryan Chaw 25:44

18 weeks тому25:44

25:44

This podcast features a conversation with a real estate investor who specializes in the "rent-by-the-room" strategy, particularly targeting college students near major universities. The guest shares their expertise on identifying suitable properties, adapting spaces to maximize rental income, and navigating financing challenges in this niche. Key Topics Discussed 1. Researching Locations and Understanding the Market Safety First: Tools like Reddit and CrimeGrade.org are invaluable for researching neighborhoods and identifying safe locations. Reddit provides direct insights into student preferences through word-of-mouth discussions. Student Preferences: Understanding what students seek in off-campus housing helps in selecting suitable properties. 2. Pricing and Rental Rates Use platforms like Facebook housing groups, Roomies.com, and Craigslist to determine average rental rates per bedroom. Pricing must align with the local market while ensuring profitability. 3. Maximizing Rental Income Repurposing Spaces: Convert bonus rooms, offices, or large living rooms into additional bedrooms to increase income. General Guidelines: Bedrooms must meet local egress and size requirements (typically 10x10 feet or larger). Estimating Bedroom Potential: Divide total square footage by 300 to estimate the number of bedrooms a property can support. 4. Financing Strategies Lenders typically use market-wide rental comps, even for rent-by-the-room setups. Refinancing to use actual rental income requires at least one year of ownership and showing income on tax returns. DSCR loans (Debt Service Coverage Ratio) may be harder to approve for room-by-room models during refinancing. 5. Target Tenant Base Focus on colleges with professional programs (e.g., medical, dental, law) where students stay for several years. Students are generally reliable tenants, with parents or financial aid often covering rent. Evictions are rare in this demographic. 6. Getting Started and Scaling Start with a single-family home and convert spaces to add bedrooms. Creating additional bedrooms is cost-effective (around $1,500–$2,500 per room). Once a system is established, the process can be repeated for future properties. 7. Advantages of Rent-by-the-Room Strategy Potential to net $1,500–$2,500 per month in cash flow per property. The U.S. has a vast market with colleges in every state, providing consistent tenant demand. Real estate investing offers compounding growth through leverage, equity paydown, and cash flow. Closing Thoughts The guest encourages new investors to consider this strategy due to its accessibility and profitability. They highlight the importance of developing a repeatable system to scale investments efficiently. Real estate investing provides financial independence and control over one’s future.…

1
EP353 Creative Financing and Cash Flow Opportunities in U.S. Multifamily Real Estate with Dave Mastronardi 17:32

18 weeks тому17:32