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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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Credit Hassles (Part 3)

Credit Hassles (Part 3)

Podcast Episode 35: “Follow-up Is Essential.”

Why follow-up on a slam-dunk, for-sure mortgage? Sometimes paperwork just gets lost; having a Plan B is essential.

00:05:36  |   Fri 31 Jul 2015
Credit Hassles (Part 2)

Credit Hassles (Part 2)

Podcast Episode 34: “Lenders Are Not Reasonable.”

Here’s three examples of how lenders can sometimes be unreasonable. Logic and a good track record will not necessarily change the lender’s mind or po…

00:07:53  |   Mon 27 Jul 2015
Credit Hassles (Part 1)

Credit Hassles (Part 1)

Podcast Episode 33:
“$200 Is No Big Deal, Or Is It?”

Your good credit can be affected by inaccurate credit reporting. Even a small, bogus claim reported to Equifax or Trans Union may give you major g…

00:05:54  |   Wed 22 Jul 2015
Here’s How Parking Spots Work in Condominiums

Here’s How Parking Spots Work in Condominiums

Podcast Episode 32: “Condominium Parking.”

In this episode, Barry explains how condominium parking works. Do you have title to your parking unit, exclusive use of that parking unit, or is it simply y…

00:06:33  |   Tue 31 Mar 2015
Lawsuits Against Poorly Built Condo

Lawsuits Against Poorly Built Condo

Podcast Episode 31:  “Disaster At Penhorwood.”

The 168 unit Penhorwood condominium complex in Fort McMurray, Alberta suffers from many deficiencies including structural, mechanical, electrical, build…

00:10:56  |   Tue 24 Mar 2015
Before Buying Condos, Hear This Tale of Woe

Before Buying Condos, Hear This Tale of Woe

Podcast Episode 30:  “Condo Reserve Fund Studies.”

This episode is about the collective woes that buying a condo makes into your personal problem. Condominiums /strata corporations exist Canada wide.…

00:09:52  |   Tue 17 Mar 2015
The Basics: Show Homes’ Good Looks Can Conceal Problems

The Basics: Show Homes’ Good Looks Can Conceal Problems

Podcast Episode 29:  “Home Inspections Part 2: Painted Ladies.”

Part two of this mini-series on home inspections covers houses that look good but have hidden flaws. Show homes are sometimes described…

00:05:54  |   Wed 18 Feb 2015
The Basics: Inspect the Electrical Wiring Before Buying an Older Home

The Basics: Inspect the Electrical Wiring Before Buying an Older Home

Podcast Episode 28:  “Home Inspections Part 1: Knob and Tube.”

Sometimes Tales from the Trenches shows narrowly avoided real estate disasters, and this is one of them. Old, unsafe knob and tube wirin…

00:05:16  |   Wed 11 Feb 2015
The Basics: Trying to “Bend” Mortgage Rules is Fraud

The Basics: Trying to “Bend” Mortgage Rules is Fraud

Podcast Episode 27:  “Is It Black, White, or Grey? (Part Two).”

Part two of this mini-series on the basics of real estate investing continues the discussion of situations as black, white, or grey. Yo…

00:09:06  |   Wed 04 Feb 2015
The Basics: How to Avoid Accidental Mortgage Fraud

The Basics: How to Avoid Accidental Mortgage Fraud

Podcast Episode 26:  “Is It Black, White, or Grey? (Part One).”

This mini-series on the basics of real estate investing starts with a discussion of how to describe situations as black (bad, stay away…

00:08:07  |   Wed 28 Jan 2015
Transferring an Old Mortgage to a New Home Rarely Possible

Transferring an Old Mortgage to a New Home Rarely Possible

Podcast Episode 25:  “When Is Your Portable Mortgage Not Portable?”

This Tale explains some of the pitfalls of relying on the portability clause in your old mortgage to buy a new house. It also talks…

00:03:32  |   Thu 09 Oct 2014
Permits for Suites in a Fourplex: More than Zoning or Land Surveys

Permits for Suites in a Fourplex: More than Zoning or Land Surveys

Podcast Episode 24:  “Fourplex Puzzle (Part Two).”

The second part of this podcast mini-series on fourplexes gets into some problems that can arise after the deal closes. When buying a fourplex, or a…

00:08:13  |   Thu 02 Oct 2014
Joint Venturing Existing Properties to Raise Cash for New Investments

Joint Venturing Existing Properties to Raise Cash for New Investments

Podcast Episode 23:  “Fourplex Puzzle (Part One).”

In this episode, you’ll hear about things to consider when changing your real estate strategy from single-family to multifamily. How your success ch…

00:07:11  |   Thu 25 Sep 2014
Be Prepared: Rules for Commercial Mortgages Are Strict

Be Prepared: Rules for Commercial Mortgages Are Strict

Podcast Episode 22:  “How Snoopy Should You Be?”

This episode delves into commercial financing of real estate (usually six units or more ). NB, it’s quite different than retail/residential financing.…

00:06:42  |   Tue 22 Jul 2014
Here’s Why Even Small Corporations Must File Taxes with the CRA

Here’s Why Even Small Corporations Must File Taxes with the CRA

Podcast Episode 21: “It’s Just Paperwork, Right?”

This Tale is about the problem with getting behind on your paperwork as a real estate investor. Not filing your annual tax return is serious business…

00:05:36  |   Tue 15 Jul 2014
This One Clause Will Save You When Buying Real Estate from a Developer

This One Clause Will Save You When Buying Real Estate from a Developer

Podcast Episode 20: “Developer = Issues.”

In this episode, Barry talks about the differences between buying a property from a developer vs. a previously owned home through a realtor. Developers have…

00:08:52  |   Tue 08 Jul 2014
Taming Your Legal Bills (Part 4 of 4)

Taming Your Legal Bills (Part 4 of 4)

Podcast Episode 19: “Taming Your Legal Bills 4/4 – Dos and Don’ts.”

The conclusion of this podcast mini-series on legal fees finishes up with some miscellaneous advice on saving money. Real estate l…

00:08:39  |   Thu 26 Jun 2014
Taming Your Legal Bills (Part 3 of 4)

Taming Your Legal Bills (Part 3 of 4)

Podcast Episode 18: “Taming Your Legal Bills 3/4 – Hourly Fees.”

Complex legal work on real estate deals is typically billed by the hour. In this episode, Barry provides helpful tips to improve serv…

00:05:45  |   Thu 19 Jun 2014
Taming Your Legal Bills (Part 2 of 4)

Taming Your Legal Bills (Part 2 of 4)

Podcast Episode 17: “Taming Your Legal Bills 2/4 – Fixed Fees.”

A continuation of Barry explaining how your lawyer figures out your legal bill for a real estate transaction. Fixed fees only apply to…

00:06:21  |   Thu 12 Jun 2014
Taming Your Legal Bills (Part 1 of 4)

Taming Your Legal Bills (Part 1 of 4)

Podcast Episode 16: “Taming Your Legal Bills 1/4 – Fees Disbursements Taxes.”

This episode explains how your lawyer figures out your legal bill for a real estate transaction. It also features discuss…

00:08:41  |   Thu 05 Jun 2014
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