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Hi and Welcome to the podcast! My name is Chantel McRae and I will be your host. I started working for MBFI in January of 2022 as an Extension Specialist with the goal of increasing awareness and information regarding the projects and important research happening at MBFI. One of the ways we have decided to do that is through a podcast that shares information on the research projects that are being conducted here, as well as extension events and on farm practices and technologies. MBFI is a n ...
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Interested in learning how to analyze deals using The World's Greatest Real Estate Deal Analysis Spreadsheet™? Specifically, do you need to know how to analyze a deal purchased with an interest-only loan? In this special deal analysis, you will: Discover the secret strategy for analyzing the purchase of a rental property with an interest-only loan …
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Life has risks. Investing adds new risks. Investing in real estate adds new risks specific to real estate investing. One risk that is unique to real estate investing is the risk of buying a stigmatized property or having a property become stigmatized while you own it. In this class, James will: Uncover hidden gems in the real estate market and turn…
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Dr. Greg Penner is a Professor in the Department of Animal and Poultry Science and holds a Centennial Enhancement Chair in Ruminant Nutritional Physiology at the University of Saskatchewan. He was hired in 2009 after obtaining his bachelor’s degree and M.Sc. degree at the University of Saskatchewan, and his PhD from the University of Alberta. Dr. P…
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Real Estate Investing Through Massive Foreclosure Periods Join us for an exclusive episode of the REFP podcast, focusing on "Real Estate Investing Through Massive Foreclosure Periods." In this enlightening episode, you'll dive into the following insights: Discover the secret to making money during economic downturns, a strategy that can set you apa…
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Today we are talking with Dr. Mary-Jane Orr about MBFI’s Sod Seeding Trial and the Forage Living Library. Mary-Jane leads a dedicated team at MBFI to advance Manitoba’s beef & forage industry through engaging stakeholders, evaluating on-farm innovation, and extension for sustainability of farmers, the public, and the environment. She deeply values …
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Deal Alchemy™ - Debt Paydown to Cash Flow Join us for an exciting and enlightening class with James Orr as he delves into the fascinating world of Deal Alchemy™. In this class, listeners will discover a surprisingly powerful strategy that has the potential to drastically improve cash flow on rental properties. Whether you're considering buying a ne…
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Tax Deductibility of PMI Payments Are you an owner-occupant puzzled by the ever-changing rules around PMI (Private Mortgage Insurance) deductibility? Or perhaps an ambitious real estate investor, hungry to maximize your deductions and supercharge your profits? Then this class is your golden ticket to the world of tax wisdom! Join us for an exhilara…
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At Deer Meadow Farmacy, Sean and Kristi-Lyn Buckley prioritize the health and wellness of their entire ecological system- knowing the well-being of nature is parallel to that of human health. With this correlation at the forefront of their minds, they strive to maximize diversity above and below the soil to create a resilient, holistic ecosystem wh…
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Functional Obsolescence Unveiled: The Silent Value Killer in Real Estate Investments—and How to Defeat It! There's a often overlooked risk of investing in reale state: obsolescence. Whether we're focused on properties that are or will become functionally obsolete or drift directly into economic or physical obsolescence... these are real-world risks…
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How to Analyze an All-Cash Rental Property Purchase Deal analysis is important. Learning how to analyze deals is a critical skill for all real estate investors, whether you're financing 100% of the purchase or buying a property without a loan at all and paying all cash. In this class, we will look at how deal analysis changes when you plan to buy a…
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Donalee Jones has been producing documentary & commercial television projects for over 20 years, but her real passion is agriculture. She grew up on a mixed grain and cattle farm near Baldur, Manitoba and from a young age she was drawn to the rural lifestyle. In 2008, she and her partner began implementing a succession plan which allowed them to ta…
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How Return on Investment Changes Based on Credit Score With PMI Does your credit score really matter when you're buying rental properties? Sure, your credit score impacts the mortgage interest rate you can get with traditional mortgages. And yes, your credit score affects how much private mortgage insurance (PMI) will cost. Your credit score can al…
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So, are you stressing out over higher mortgage interest rates and properties not cash flowing as well as they used to, or in some markets, not having positive cash flow at all... even with 25% down? What's a real estate investor seeking financial independence to do? In this class, we will compare two strategies. In both strategies, you first buy an…
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Amie Peck leads the Public and Stakeholder Engagement (PSE) team at the Canadian Cattle Association which works to increase public trust in the Canadian beef industry by supporting industry synergies, forming strategic partnerships and connecting positively with consumers and the public. This includes addressing industry issues by coordinating key …
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So, you're considering Nomading™. Excellent! But as you dig into the details, you may wonder what the impact would be if you chose to buy a more desirable, higher quality, but maybe less optimal property at full price (without a discount), versus focusing on finding a slightly less desirable, slightly lower quality, but slightly more optimized rent…
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Deal Alchemy™ - Black Box Cash Flow Deal Alchemy™ is all about manipulating returns to get the returns you desire most. One variation of Deal Alchemy™ has you think about your rental property investment as a black box. You put money into the black box, some magical things happen over the next few years and out pops profit which you can spend like c…
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Dr. Scott Wright is the director of the USask Livestock and Forage Centre of Excellence (LFCE). Scott Wright is the Director of the Livestock and Forage Centre of Excellence (LFCE) at the University of Saskatchewan. Scott started his Saskatchewan career in 1983 as a Graduate Student at the U of S Termuende Farm on pasture rejuvenation and fertiliza…
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Warning - Risks of Rental Demand Declining When Investing in Real Estate Risk, risk, risk... Life is full of risks. To a limited degree, we get to choose which risks we voluntarily take on. For example, if you choose to invest in real estate, you choose to take on some additional risks that you might not—directly—face if you opt to invest in someth…
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Tyler and Dorelle along with their kids Evan and Mae own and operate Tyton Farm Ltd, a 600 head cow/calf/backgrounding operation south of Birtle, MB. The farm operates about 6000 acres in prairie pothole country, which consists of mostly tame pasture, hay, and some annual crops. Tyler has spent most of his off-farm career in the field of livestock …
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Private Mortgage Insurance Myths Reputation can be a challenging thing. I have found, through many conversations with clients over the years, that Private Mortgage Insurance (PMI) has a questionable reputation with home buyers in general and investors in particular. However, much of its reputation is based on half-truths, bad information, lies, and…
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Warning - Risks of Neighborhood Decline When Investing in Real Estate Everything in life has risks. Not investing adds certain types of risks, while investing adds other risks. One risk that some real estate investors face is the possibility that the neighborhood they're investing in will decline, causing values and/or rents to drop. So, how do we …
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Jeff Legaarden is a Business Development Specialist with MASC and a livestock coordinator. Jeff has been working for MASC for over 15 years and has worked with the Livestock Price Insurance program since its beginning 10 years ago. As well as working for MASC, Jeff has his own cattle operation, which he manages along with his wife and 3 sons. Today…
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How to Analyze a Duplex Some real estate investors are sensitive to their ability to get ten 30-year fixed rate financing loans and would prefer to fill those loan spots with larger purchases than just single family rental homes. One way to do that is to buy more expensive properties like duplexes, triplexes or fourplexes. In this class, James will…
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How to Calculate PMI If you're a house hacker, Nomad™, investor buying properties with less than 20% down, or buying creatively where the seller has PMI, you'll want to make sure you know how to analyze deals that have Private Mortgage Insurance. In this mini-class, James will cover how to analyze deals that have PMI, with an emphasis on doing it u…
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Malcolm MacLean has spent his life in the cattle industry working for grazing co-ops, large ranches and feedlots. He currently lives in the Porcupine Hills near Pincher Creek, Alberta with his family. He’s now focused on teaching stockmanship and spreading awareness on low stress cattle handling. He has an online cattle handling school that prepare…
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In many cases—not all, but many cases—real estate investors can speed up the time it takes to become financially independent by choosing to pay off the mortgages on their properties early. Sometimes it makes sense to take every extra dollar beyond a healthy amount of reserves and aggressively pay off properties as quickly as possible. Other times, …
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Deal Alchemy™ - Residential vs Commercial Property Deal Alchemy™ is all about manipulating the returns you're earning on your investments. Often, this is done through the choices we make when selecting the investment property and the strategies we choose to implement. For example, you could choose to invest in residential properties where your tena…
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Today we are talking with Dr. Mary-Jane Orr about the Grazing: Impact of Utilization project, which looks at two different grazing strategies, 50% utilization and 80% utilization in rotational grazing. This project started in 2022 at MBFI and is still in progress. Mary-Jane leads a dedicated team at MBFI to advance Manitoba’s beef & forage industry…
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Warning - Risks of Loan Called Due When Investing in Real Estate Investing in real estate adds some risk to an already risk-filled life. However, certain activities and strategies when investing in real estate create additional risks that other strategies and activities do not have. For example, choosing to utilize strategies where the lender has t…
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How to Analyze Buying a Rental Property at a Discount in Tyler Some real estate investors insist on only buying properties where they can purchase them at a significant discount. While not mutually exclusive, other investors insist on buying quality properties at a fair price as long as it gets them their desired returns and will stand the test of …
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Dr. Yvonne Lawley is an associate professor in the Plant Science Department at the University of Manitoba. Her area of research is agronomy and cropping systems. Dr. Lawley’s research has focused on several crops including soybeans, corn, and wheat and a range of management practices from residue management, strip tillage, to cover crops. Her resea…
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How to Calculate PMI If you're planning to buy a property and put less than 20% down, you're likely to be required to pay Private Mortgage Insurance. Lenders prefer that you put at least 20% down, but if you insist on putting less than 20% down, they may still make the loan. However, they will usually do so at a slightly higher mortgage interest ra…
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There are a large number of investing strategies you could pursue as a real estate investor: Nomad™, house hacking, fix and flip, buying 20% down rentals, buying 25% down rentals, saving up to buy free and clear rentals and many, many more options. Which is the best? Which gets you to financial independence fastest? Which gives you the highest net …
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Cam Ross comes from a cow-calf operation North of Minnedosa, MB where he still farms with his family today. Cam has a degree in Environmental Studies from the University of Manitoba and started with Ducks Unlimited as a summer student in 2017 (He worked a summer with MBFI in 2016 as well!) and then moved into a full-time position in 2020 where he n…
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Deal Alchemy™ - Increasing Down Payment There are four primary returns from investing in rental properties: appreciation, cash flow, debt paydown, and the tax benefits of depreciation. Additionally, there is a secondary return in the form of the interest earned on the reserves required to make the investment in the first place. Many real estate inv…
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Warning - Risks of Rental Property Expenses When Investing in Real Estate Risk is all around us. When we choose to invest in anything, we’re choosing to take on the additional risk characteristics of that investment. For example, when we choose to invest in real estate, we choose to take on the risk characteristics of the specific real estate inves…
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James Frey works with Manitoba Agriculture as an Applied Diversification Specialist, based in Roblin. He collaborates with Parkland Crop Diversification Foundation to conduct small-plot research trials for a broad range of field and forage crops. Previously, he worked in Northeast Asia with on-farm development projects. James is always looking for …
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How to Analyze a New Construction Single-Family Home Property in Tyler Your ability to analyze deals is arguably the most important skill as a real estate investor. It allows you to make smart investment decisions and helps you avoid making career-ending bad decisions, such as buying cash-flowing-sucking vampire properties. In this class, James wil…
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The 3 Strategies to Pay Private Mortgage Insurance (PMI) Whether they're putting 15% down and buying a non-owner-occupied property or utilizing an owner-occupied loan with 0%, 3%, 3.5%, or 5% down for Nomading™ or house hacking, some real estate investors will choose to put less than 20% down. With the decision to put less than 20% down comes the c…
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Joe Gardiner grew up in the community of Clearwater Manitoba and he feels very fortunate that he and his wife Melanie, call Clearwater home today. Together with his parents, brother Sheldon and his partner Derek, they run a mixed grain and cattle farm located just off #3 highway in southern Manitoba. In 2016 Joe had a decision to make. He was not e…
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Investing in real estate is full of truthy-sounding falsehoods: it is always better to do X than Y. However, if you were crazy enough to sit down and do the math, you'd find the truth to be much more nuanced. For example, should you take all your extra cash flow and savings and apply it to your mortgages each month to pay off rental properties fast…
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Deal Alchemy™ - Cash Flow to Debt Paydown There are four primary returns from investing in rental properties: appreciation, cash flow, debt paydown, and the tax benefits of depreciation. Additionally, there is a secondary return in the form of the interest earned on the reserves required to make the investment in the first place. Many real estate i…
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The Tkachyk farm is a third-generation farm that was established in 1907. Together with his wife, Randy enjoys the farming lifestyle. He had the opportunity to add custom grazing beginning in the early 2000s, with adjacent lands being available to rent and purchase. Being the only operator on the farm, and no extra help, he made the decision to tak…
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Warning - The Risk of Down Payment Size When Investing in Real Estate Life is full of risks. When we choose to invest, we choose to take on additional risks. If we invest in stocks, we choose to take on certain risks. When we choose to invest in bonds, we take on different risks. When we choose to invest in real estate, we choose to take on additio…
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Pam de Rocquigny is the chief executive officer of Manitoba Crop Alliance (MCA), a not-for-profit, farmer-led organization. MCA represents over 7,700 farmer-members and strives to continuously improve the competitiveness and profitability of all crops represented by the organization. Pam is responsible for providing vision and leadership in impleme…
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How to Analyze a 5% Down Single-Family Nomad™ Property in Tyler Using the latest version of The World's Greatest Real Estate Deal Analysis Spreadsheet™, we will walk through how to analyze a single-family home Nomad™ property with a 5% down payment. Learn how to analyze deals correctly and avoid buying cash flow vampires. Only buy the best deals th…
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What Affects Your PMI Rate Lenders prefer that you put at least 20% down, but if you push hard enough, many will allow you to put less than 20% down if you're willing to purchase insurance to protect them in case you default. This insurance is called Private Mortgage Insurance. The cost of this insurance depends on several factors. Some are primary…
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Dr. John Campbell graduated from the Ontario Veterinary College, University of Guelph in 1985. After several years of rural veterinary practice, he returned to Guelph to complete a Doctor of Veterinary Science degree in Ruminant Health Management. He has worked as a clinical faculty member on the Ruminant Field Service Practice at the Western Colle…
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You're a real estate investor looking to acquire properties by saving up and putting 25% down. Should you buy an owner-occupied property first? What if that's more expensive than renting? Should you still do it? What if it means you'll be saving less for acquiring rentals by buying an owner-occupied property first? In this comparison class, we will…
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Deal Alchemy™ - Lease-Options Different real estate investors desire, prefer, and prioritize different returns. For example, many real estate investors have a strong preference for the cash flow part of their return. With Deal Alchemy™, we can manipulate returns and move them from one area to another. Or, we can move them from one or more areas to …
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