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Tales from the Trenches - Podcast

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.

Education Investing Training Business
Update frequency
every 12 days
Average duration
9 minutes
Episodes
135
Years Active
2014 - 2022
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Interest Rates on RRSP Mortgages

Interest Rates on RRSP Mortgages

Podcast Episode 96:
“RRSP Mortgages.

In Canada, it is possible to use money held in a Registered Retirement Savings Plan (RRSP) to fund mortgages. While this strategy can yield a nice steady return …
00:03:34  |   Thu 06 Apr 2017
Due Diligence Fails

Due Diligence Fails

Podcast Episode 95:
“A Couple on Due Diligence

I talk a lot about due diligence because it is one of the most important aspects of achieving success with real estate. This is a two-part Tale, showin…
00:06:24  |   Thu 30 Mar 2017
Removing Conditions on Purchase Contract

Removing Conditions on Purchase Contract

Podcast Episode 94:
“Removing Conditions—Should I or Shouldn’t I?

Conditions on a real estate purchase contract should only be removed once the due diligence is complete. But what if the conditions…
00:05:25  |   Wed 01 Mar 2017
Property Inspections, Reports, and Permits

Property Inspections, Reports, and Permits

Podcast Episode 93:
“Inspection Reports & Multi-family Diligence.”

Under Alberta’s Residential Tenancies Act, an inspection report must be made whenever a tenant moves into, or out of, a rental prope…
00:05:33  |   Sat 18 Feb 2017
Joint Ventures, RRSP Mortgages, Due Diligence, & More!

Joint Ventures, RRSP Mortgages, Due Diligence, & More!

Podcast Episode 92:
A Few Quick Tales.”

Here’s some great stories about people buying and selling real estate in Alberta. These five quick Tales from the Trenches are short, but they show a wide ran…

00:07:59  |   Thu 02 Feb 2017
Giving Keys to a Buyer and Fixed Cash Deals

Giving Keys to a Buyer and Fixed Cash Deals

Podcast Episode 91:
Keys & Cash.”

Here are two quick Tales from the Trenches: 1) tips on keeping a property buyer motivated and 2) contract language to fix the cash portion of a real estate deal.

Ou…

00:03:15  |   Thu 26 Jan 2017
When to Remove Conditions on a Purchase Contract

When to Remove Conditions on a Purchase Contract

Podcast Episode 90:
Diligence Pays Off.”

I’ve said it before and I’ll say it again: when you’re buying a property, never remove conditions on the purchase contract until you’ve done due diligence. A…

00:04:24  |   Fri 13 Jan 2017
Transferring Property Without a Lawyer

Transferring Property Without a Lawyer

Podcast Episode 89:
Transfer of Land.”

A Transfer of Land is a document that allows the Land Titles office to register a property in the name of a new owner. In rare circumstances, you might be able…

00:03:44  |   Wed 21 Dec 2016
Tenant Running Illegal Business

Tenant Running Illegal Business

Podcast Episode 88:
I Ain’t No Ho!”

As a landlord, you need to be proactive about what is happening with your tenants. Be concerned if you suspect that a renter may be running an illegal business ou…

00:02:15  |   Fri 16 Dec 2016
Mortgage Penalties

Mortgage Penalties

Podcast Episode 87:
Fun with Mortgage Payout Math.”

Paying off a mortgage early can result in penalties. However, there are ways of minimizing the financial repercussions. In this Tale, Barry works …

00:04:17  |   Wed 07 Dec 2016
Personal Responsibility in Cooperative Investing

Personal Responsibility in Cooperative Investing

Podcast Episode 86:
Joint Venture Blues.”

Partnering up can be a good way to buy more property, but you still have to be careful. As with everything in real estate, due diligence is essential in joi…

00:05:08  |   Wed 30 Nov 2016
Getting Payments through a Trustee

Getting Payments through a Trustee

Podcast Episode 85:
Hurry Up and Wait.”

When dealing with trustees or lenders, there are many things that can delay a transaction. The type of payment can trigger a processing hold, the shipping met…

00:06:33  |   Wed 23 Nov 2016
Advantages of Investing in Property

Advantages of Investing in Property

Podcast Episode 84:
Why the Ultra-Rich Like Real Estate.”

Investing has its ups and downs. Real estate has some definite advantages in smoothing out the bumps. Ultra-rich people usually have some pr…

00:09:13  |   Tue 04 Oct 2016
Lead Pipes in Older Homes

Lead Pipes in Older Homes

Podcast Episode 83:
Lead Isn’t Dead.”

Lead pipes are a very real risk with older houses; it’s a toxic metal and can make the water unsafe to drink. In this Tale, my client was given notice by her wa…

00:08:10  |   Wed 28 Sep 2016
When to Walk Away from a Real Estate Deal

When to Walk Away from a Real Estate Deal

Podcast Episode 82:
Diligence Time Bombs And Letters Of Intent.”

When trying out a new real estate investment strategy, it’s important to know when to walk away. In this Tale, an attendee of one of …

00:16:56  |   Thu 01 Sep 2016
Buying Property Without a Bank

Buying Property Without a Bank

Podcast Episode 81:
Agreements for Sale 2.”

I introduced Agreements for Sale (AFS) in a previous blog post and podcast, and now it’s time to review with a bunch more examples. In essence, AFS is a t…

00:12:39  |   Thu 21 Jul 2016
What is Rent-to-Own?

What is Rent-to-Own?

Podcast Episode 80:
Rent-to-Own.”

Rent-to-Own (abbreviated as RTO and often interchangeably called a Lease-Option) is a two-part strategy. You start with a lease (the ‘Rent’ part) and add an option …

00:07:12  |   Thu 14 Jul 2016
Creative Investing

Creative Investing

Podcast Episode 79:
Creative Real Estate Strategies.”

What is Creative Real Estate Investing? It is a method for making money with real estate that uses strategies like Rent-to-Own, Agreements for S…

00:02:44  |   Fri 08 Jul 2016
Assignments: Clever Investment Strategy or Malicious Shadow Flipping?

Assignments: Clever Investment Strategy or Malicious Shadow Flipping?

Podcast Episode 78:
“Contract Assignments.”

The practice of selling one’s interest in a real estate purchase contract—a.k.a. an assignment—has been getting a lot of bad press in BC lately. In fact, t…

00:18:42  |   Fri 01 Jul 2016
Title Insurance

Title Insurance

Podcast Episode 77:
Is Title Insurance Worth It?

In Western Canada, title insurance was created to cover problems with real property reports, but did you know that it also covers many other issues?…

00:05:38  |   Thu 23 Jun 2016
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