Being a Landlord is Like Learning to Drive a Car!!

 
Being a Landlord is Like Learning to Drive a Car!!
 
I have seen this over and over in other landlords groups. The landlords are going and looking for advice, and yes, the advice can be correct.
 
But the landlords asking the questions are already in trouble, they are very inexperienced and don’t realize what’s in store for them. They are trying to bandage up the problem. They are trying to learn when they are already in trouble.
 
Then reality sets in…..then the stress… anxiety…the fear of what to do, where do I go for help. All this is very confusing, and it will cost the landlords plenty of time and money.
 
Instead, why not learn before you get into trouble, take classes and learn from the people who are willing to teach or go on YouTube or read books on the topic. Like they say “when the student is willing the teacher will appear”.
 
As an example, before I started to drive, I went to a driving training school and took in-class classes. Then I had an instructor take me on the road to teach me defensive driving. He had 2 sets of steering wheels and brakes.
 
Why did he have 2 sets of steering wheels and brakes? He had 2 sets so that, if I made a mistake, he was there to prevent an accident from occurring, by him putting on the brakes he was able to override what I had done incorrectly from either using my steering wheel or brakes incorrectly, thus preventing an accident.
 
The next step was that he took me out for “Defensive Driving” this course teaches you tactics and what to look out for when you’re driving and to be always anticipating what the other driver will do, wrong, before they do it.
 
Defensive driving prevents accidents which can cost you your life and a great deal of money. I am still driving defensively, and it has saved me from many accidents, in fact I even got reduced insurance because I got this certificate of Defensive Driving. It brings back great memories of my getting over the hurdle of being afraid to drive in the streets and highways. That teacher gave me wings to drive and enjoy the many lovely towns I have since then visited.
 
Learning how to drive,  cost me time, money, but it was well worth the investment. Education was the key for my driving skills.
 
In my 21 years as a landlord, I certainly have never fought against good advice or new tenant screening strategies or business strategies!! I did a 10-week stretch of videos with Jay Shaw talking about strategies. Jay gave up his valuable time sharing what he’s doing as an experienced property manager, for free, yet he’s always looking for new ideas. I learned a lot from Jay, just like I have from all of my fellow real estate investors, landlords, advisors and coaches.  
 
Don’t waste your time and money, instead, short circuit your learning curve and find a coach, read books, watch YouTube videos, listen to podcast, and you’ll have a fighting chance to becoming your own best property manager and real estate investor.  I’m here to help you reach those goals.  If you want more Free learning and training resources, reach out to me. 
Remember That You’re in the Driver’s Seat for Your Own Destiny!!
 
Want to become a better landlord?  Call 1-866-226-4730 for more information or email:  realwealth@live.ca
 
Cheers,
Maria Rekrut
 
 
 
 
 

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Testimonial From One Ontario Landlord Association Member about Maria Rekrut

Honestly, I find Maria Rekrut a wealth of knowledge. She has more experience than I do as a landlord. With saying that, I also follow the advice of other knowledgeable professionals (landlords, paralegals etc.)
 
Sure I don’t follow every single thing one of them says. Rather, I take the knowledge they give me, and adapt and adopt it to how I run my own business.
 
But hey if it wasn’t for the advice and tools I’ve gathered from many many resources, I probably wouldn’t be 28 years old with no mortgage on my principal residence and having several of income properties and some amaze ball tenants (who all paid during both lockdowns).
 
So thank you, Maria!!!!!! I still have a lot of work ahead for sure to where I want to be, but hey if I didn’t follow some tools and tricks from people like Maria…. I wouldn’t be close to what I have today.
Maria is smart. And she offers some great free advice to on-top of her paid sessions.
 
Knowledge is power and you can’t knock someone for asking for monetary consideration for their time and advice (lawyers, motivational speakers, personal trainers do the same thing). You also have the power to remove yourself from a group (or any situation for that matter) if you don’t agree with something….
 
 
 
 
 

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Sick and Tired of Bad Tenants? Deserve Better?

5-Star Tenant Mini Course Boot Camp Are you sick and tired of getting bad tenants in your homes? Tired of the destruction of your very valuable property, and of the abuse you have to suffer by some of your tenants? The worst thing of all is not getting paid rent for months at a time. Do you think you deserve better but don’t know where to start?
 
 
Choosing Your Next Problem Free Tenant” Choosing the right tenant is the key to your real estate success. Yet there are so many landlords who have not chosen the best tenant to rent their homes to and that causes endless days of angry emails, texts, sleepless nights. Rental properties need to be problem free and this starts by getting the right tenant in the right home in the 1st place. Learn in one month how to choose your next quality tenant.
 
Learn the 7 most important questions and statements that will prevent your “professional tenant” from choosing your place as their next hangout.
 
The “professional tenant” will self eliminate and look for their next victim. These are tried and true proven strategies that work every time!! Get an edge over your competition and have easy going and problem free tenants. Don’t you think you deserve that?
 
 

The 4 week Mini Bootcamp consists of:

Weekly Group Zoom Meetings where your individual questions are answered

1 session of one on one Coaching in 1 month

Private Facebook Group with handy resources

Videos shared with Tips of finding the right tenant

For more information call 1-866-226-4730 or fill in this registration form: https://forms.gle/YWykVomHjXngDzDq7

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Toronto Apartment Rents Tumble a 50-year-High. Is Airbnb to Blame for This?

 

Toronto apartment rents tumble as vacancy rates hit a 50-year High

Toronto Apartment Rents Tumble a 50-year High, many ask is Airbnb to Blame for This Tumble?   Or are there a few underlying factors the cause of this financial tumble? 

This tumble started to happen when Airbnb got out of the Short Term Rental Business in Toronto.  The City of Toronto, made it illegal to host guests outside of your home.  The condo boards, also blacklisted running Airbnb in certain condo buildings.  So this tsunami of changes fueled the decline of the condo’s being a profitable real estate investments. 
 
Also let’s not forget that Covid-19 and the Coronavirus has a part to play in the fall of the condo market rents and the sales of the condos.
 
This tsunami happened when too many investors got into the Short Term Rental (STR) (Airbnb) business. Every investor needs to diversify into both Short Term Rentals and Long Term Rentals. That’s been the secret to my real estate success since 2000!!
 
 
I was one of the few investors in the marketplace who was diversified in 2000. With the advent of Airbnb then others got involved. But the other investors again forgot to diversify and now have to sell their properties at a loss. They didn’t do their homework, they only saw short term gain and not long term business strategy.  Read the great article below!!
 

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4 Successful Real Estate Investing Tips for 2021 with Maria Rekrut

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Tune into my Radio show All Things Real Estate with Maria Rekrut

Tune into my Radio show All Things Real Estate with Maria Rekrut 7 Days a week  at 7am, 7pm, 12 pm 12 am EST on http://myradio.rocks/ and http://rockmauritiusradio.com/

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The Death of the Small Landlord

Is This The End Of Small Real Estate Investors?

Maria Rekrut

Now, I feel that this article is even more relevant, than when I wrote this article a few years ago for the Reiclub.com. The plight of the small landlord has gotten worse.
 
 
With the Coronavirus and tenants not being evicted because of the orders from the governments.
 
The small landlords can’t maintain their homes, if they don’t get paid by their tenants.
 
https://reiclub.com/articles/is-this-the-end-of-small-real-estate-investors/
 
How are they able to pay their mortgages? My fear is that in 2021 and 2022 there will be an increase in foreclosures.
 

In Canada, right now, it’s becoming more and more difficult for real estate investors to make money. The reason for this is that it’s becoming more challenging for real estate investors to obtain money from the bank.  Also, the Landlord and Tenant Board’s guidelines are making it increasingly difficult to evict tenants. This will force landlords to sell their properties because of a bad tenant issue, which will incur an effect on the serious small residential real estate investors.

What I predict for the future is that the small landlord will sell their properties and fewer people will invest in small properties, therefore, small real estate investors who own duplex, triplex or fourplex will sell their properties. This will force the tenants to move into either a larger apartment building or the tenants themselves will be purchasing a condo or house.

The perpetual apartment renter will end up in buildings owned by commercial real estate investors or will live in government owned buildings. This will produce a larger division between small and large real estate investors.

If we continue this way, the landlord will face more challenges in choosing their tenants. The small investors will be putting their money without making a profit on their properties. Myself as a real estate investor, I sold a number of my properties when I realized because of the new Landlord and Tenant Board guidelines I was less able to control what was going on with my properties. I decided that it was not fair for people who take financial risks to have other people determine how I run my business. So I decided to sell my properties and keep the money in the bank.   At this point, I’m investing in properties that are not regulated by the Landlord and Tenant Board.

I look forward to hearing from other real estate investors who feel the same way as I do and who want to share their war stories.

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How to Avoid the NIGHTMARE Tenant with Maria Rekrut

How to Avoid the NIGHTMARE Tenant.  Here is my screening process when looking for a tenant. As a landlord from 2000, I have rented and leased to HUNDREDS of tenants both in my short and long term rentals. These are the red flags I’ve noticed and how I now go about selecting the best tenants. Join my next “Choosing your Next 5-Star Tenant Monthly” Mini Course.

Join my next “Choosing your Next 5-Star Tenant Monthly” Mini Course. Learn in one month how to choose your next quality tenant.

Learn the 7 most important questions and statements that will prevent your “professional tenant” from choosing your place as their next hangout. The “professional tenant” will self eliminate and look for their next victim landlord.

These are tried and true proven strategies that work every time!! Get an edge over your competition and have easy going and problem free tenants. Don’t you think you deserve that?

SIGN UP FOR MY MINI COURSE AT: realwealth@live.ca or call 1-866-226-4730.

 

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Managing Rental Properties: Month-To-Month or Long-Term Leases with Maria Rekrut and Vladimir Reznik

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Are You Ready for 2021? Join Mastermind 10X Your Real Estate Business!!

 

Are you ready for 2021?

I know 2020 wasn’t a lot of fun for a lot of us, but I honestly believe 2021 is going to be a goldmine for so many of you.

It is going to be the chance for YOU to put the work in and get results.

If you need someone who has been there and done it all to just tell you exactly what you need to do, I have some good news.

My upcoming Maria Rekrut- Mastermind 10X Your Real Estate Business is going to do exactly that for you.


Every week, I’ll share ONE action you can go away and do and by the end of the month you will learn

  • How to stand out as a Real Estate Investor and position yourself for Success
  • A simple way to search and connect with high quality business professionals that I have used for 20 years, that doesn’t take up all of your time
  • Straightforward but effective ways to become a more polished and knowledgeable real estate investor and landlord (learn all the tricks the “big boys know”)


All using methods that myself and other real estate investors, landlords and other business entrepreneurs have tried and had AMAZING results.

I’ve always been passionate about helping other people with their businesses and the Maria Rekrut- Mastermind 10X Your Real Estate Business  proved to be so successful and popular that I am repeating it again.

If you want a method to grow your real estate business fast and secure
then this is for you.

Call 1-866-226-4730 or email realwealth@live.ca

My Mastermind starts on Thursday, I’ll share some results from previous challenges. For now, make sure you join my Mastermind here, doors close on Friday.

See You on the Other Side!!

Maria Rekrut

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