Tales from the Trenches
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Tales from the Trenches
Podcast featuring stories of real estate landmines—and how to avoid them. Coming to you from the desk of veteran Canadian lawyer Barry McGuire.
Episoade Recente
135 episoade
Learn How to Write Agreement for Sale Paperwork in Canadian Real Estate
Podcast Episode 136: “AFS Paperwork and Education.” About four months ago, I got a call from a client who wanted to sell his property by way of Agreem...
How to Buy Property Without a Mortgage in Canada by Solving a Seller’s Problems
Podcast Episode 135: “Win-Win Real Estate Investing.” Here’s another success story from the lucrative Creative Real Estate Investing space. For would-...
How Much Money Can I Make Quickly in Canadian Real Estate?
Podcast Episode 134: “Wholesale Home Run!” For a change of pace, here is a positive Tale about a massive success in Canadian real estate investing. Lo...
How Long It Takes to Buy a Foreclosed Property
Podcast Episode 133: “Foreclosure Timing Traps.” When searching for the ideal piece of real estate to buy, properties in foreclosure can be an interes...
Three Issues to Negotiate When Buying or Selling Real Estate: Chattels, Defects, and Stigmata
Podcast Episode 132: “(Un)attached Goods, Defects, and Stigmas.” Negotiating an Offer to Purchase for a piece of real estate is about more than just t...
Renovated Basements Without Permits and Inspections Come Back to Haunt Buyers
Podcast Episode 131: “Renovation Heartbreak.” Dishonest, fly-by-night, or even inexperienced renovators can leave a trail of heartbreak. Buyers happil...
Third Preventable Flood at Alberta Home; Who Is Liable?
Podcast Episode 130: “Third Flood.” Recently, some Alberta homeowners finally ran out of patience when their property was flooded—again. They lived on...
Should a Buyer Accept Title Insurance in Lieu of a Real Property Report and Compliance?
Podcast Episode 129: “Home-buyer’s Dilemma.” Seems like I’m always finding examples to write about regarding real property reports (RPR) and how they...
Real Estate Cage Fight: Restrictive Covenants vs. City Bylaws
Podcast Episode 128: “Secondary Suite Grudge Match.” Would-be Calgary Landlord Builds Legally-Approved Secondary Suite but Gets Stifled by Restrictive...
Three Examples of Real Estate Woe with Permits, Surveys, and Compliance
Podcast Episode 127: “3×3 Permits.” This is the third Tale in my recent mini-series on Real Property Reports (RPR), municipal compliance, and building...
Rules and Regulations for Secondary Suite Permits Getting Stricter
Podcast Episode 126: “Trapped in a Permit Maze.” This Tale from the Trenches is the second in our ongoing mini-series on permits for real estate. You...
You Can’t Fight City Hall on Real Property Reports and Compliance
Podcast Episode 125: “Hot Tub Trials and Tribulations.” This episode of Tales from the Trenches is shocking! A client had retained my legal services t...
Negotiating Tax on Real Estate Deals when the Seller Is not a Resident of Canada.
Podcast Episode 124: “Non-Resident Taxes Part II.” Like all things tax related, non-resident tax is complicated when it comes to buying and selling re...
Panelists Share Experiences with Creative Real Estate Investing – plus Q & A
Podcast Episode 123: “Creative Real Estate Investors Panel.” Special one-hour dive into the trenches of Creative Real Estate in Canada… and Africa! Ba...
Protect Property Against Flooding
Podcast Episode 122: “Water Is Coming”: Climate Change Preparedness for Homeowners and Real Estate Investors. Damaging floods are on the rise, whether...
Subdividing Property to Increase Density Can Raise Issues with Mortgages on Titles
Podcast Episode 121: “Subdivision Nightmare.” Across Canada, there is an ongoing discussion about the lack of affordable housing. In some areas, devel...
How to Work with a Property Manager
Podcast Episode 120: “Property Management Nightmare.” I got an email recently from an unhappy investor about problems with his property manager in Edm...
How to Avoid Bad Real Estate Deals
Podcast Episode 119: “A Deal That Went Bad and the Lessons Learned.” This edition of the Tales from the Trenches podcast features special guest Arden...
Get to Know the Real Estate Purchase Contract in Alberta
Podcast Episode 118: “Big Changes To The Standard AREA Contract.” September 2016 (with mild tweaks in July of 2017) brought numerous and meaningful ch...
Inheriting Property Isn’t as Simple as it Seems
Podcast Episode 117. Real estate can cause all kinds of problems when a family member passes away. This Tale is about what happened when someone inher...
Walk Away From a Real Estate Deal at Your Own Peril!
Podcast Episode 116. In August 2017, a buyer walked away from a real estate deal in BC and was sued by the seller when the house later sold for 28% le...
Avoid Jail-time and Make Money: Assigning Offers to Purchase Real Estate in Canada
Podcast Episode 115. In a hot real estate market, flipping properties by assigning your interest in the purchase can be lucrative. Just make sure to d...
Investing with Those Closest to Us Is Fraught with Peril
Podcast Episode 114. When real estate deals with friends and family go bad, you almost never recover your position. Because, what are you going to do,...
Flipping Properties is Risky. Here’s Why!
Podcast Episode 113. "Flipping" is when an investor gets control of a property by signing a purchase contract, but rapidly sells it to someone else fo...
If Disaster Strikes, Will Your Property Insurance Coverage be Enough?
Podcast Episode 112. Insurance adjusters are hired by insurance companies to make sure that any claim is covered by the claimant’s insurance policy. T...
Don’t Lose Time and Money from Outdated Real Estate Documents!
Podcast Episode 111. My entrepreneurial client had found a 30-unit apartment building in Alberta for a very decent price, organized 15 people to put u...
What to Do When Seller Doesn’t Have Leases for Tenants
Podcast Episode 110: One of the seller’s classic mistakes was to take any tenant who came along. If the proposed tenant could pay the first month’s re...
Creative Investing with Foreclosures: Appearing in Court and Taking Notes.
Podcast Episode 109. This Tale is about taking good notes when you appear in court as the buyer of real estate in foreclosure. My client was a creativ...
Is Your RRSP Mortgage Legal?
Podcast Episode 108. In this post we are going to focus on the commercially reasonable requirement for RRSP mortgages in Canada. If the CRA decides to...
How to Lose a Deposit: Unmet Conditions Can Sink a Real Estate Deal
Podcast Episode 107. The notion of doing or accomplishing your own Due Diligence is what allows you to make a buying decision. Will you buy or not buy...
Secondary Suites and Real Property Reports in Alberta
Podcast Episode 106. Are you looking to buy a property with a secondary suite? Ideally, you want to buy properties with legal secondary suites. But gu...
Wills, Estates, and Selling Property
Podcast Episode 105. For a quick review, probate is the process whereby an executor of a Will, usually through a lawyer, makes application to the Prob...
Guarantees, Title Insurance, and New Legal Precedent in Canada
Podcast Episode 104: “Sellers, Are You Guaranteeing Title?” Wow, a recent bombshell of a legal case from the Ontario Court of Appeal is causing huge r...
Rare Investing Opportunities with Creative Real Estate Strategies
Podcast Episode 103: “Unpredictable Seller Motivation And Agreement For Sale Magic.” An investor recently showed up in my Edmonton law office with t...
Struck Corporations, Land Titles, and Tax in Alberta
Podcast Episode 102: “Corporate Matters Matter.” My law firm in Edmonton, Alberta is the corporate registered office for many corporations. We get lot...
Legal Suites and Airport Vicinity Protection Areas in Alberta
Podcast Episode 101. Houses with legal suites or houses zoned for legal suites are all the rage in Alberta. Easier to do in Edmonton, though. In Calga...
Success with Buy and Hold Real Estate Investing
Podcast Episode 100: “A Tale of Real Estate Investing Success.” I’ve been doing Tales from the Trenches for 15 years. These are amazing stories from r...
Assuming Mortgages and Transfering Property to a Corporation
Podcast Episode 99: “Happy Assumptions & Corporate Rollovers.“ This episode of Tales from the Trenches contains two stories about transfers: one is ab...
Disappearing Tenants and Vanishing Buyers
Podcast Episode 98: “Don’t Wait, It Only Gets Worse; Discharge That Caveat.“ The first part of this Tale is about an Alberta landlord with tenant prob...
How to Avoid Mortgage Fraud
Podcast Episode 97: “Mortgage Fraud.“ The simplest way to avoid committing mortgage fraud is to fully disclose everything about a deal to your lender....