This episode we bring on another guest, Rookie of the Year, Kabir Batra of Batra Group. Kabir who is currently partnered with his brother, together formed Batra Group. One of the hottest trends in business and industries right now is picking niches and even micro niches. Focusing on niche markets like first time buyers or investors makes you a specialist for a specific service. Another example, commercial brokers vs residential brokers, such as Brightcap and City Centre, your hosts. Clients love and deserve knowledgeable agents. We as agents can go even further and pick a micro niche market; such as airbnb investments only. Or even teams and agents that focus on land deals or apartment rentals only. Same could be said for real estate and mortgage professionals for the above. As professionals it's important to perfect our crafts and offer high level expertise. Kabir, shares his partnerships secrets to success. Listen to this episode and here from real estate agent/team lead Kabir and his twist on penetrating markets and servicing clients with us!!

#bcrealestate #rookieoftheyear #realestate #recordsales #commercialrealestate # fthb #vancouverrealestate #purchase #homepurchase #realtors #refinance #variablemortgages #canadarealestate #mortgagebrokers #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #investing  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

In this episode we discuss the drop in inflation, upward trend of benchmark prices and significant increase in sales activity leading to the question if this the turning point off the market. All signs lead in this direction, especially as Bank of Canada holds rates and projects to hold throughout 2023. We know your budget has been stretched which is why we highlight food prices and projections of where they are likely to go.

We also discuss the massive housing shortage we're facing nationally and drop some staggering stats that you need to hear. Tune in to this episode to understand 2023 real estate market predictions, tips and tricks of how to whether the financial storm we've all been facing.

#bcrealestate #turningpoint #inflation #recordsales #foodprices #vancouverrealestate #purchase #homepurchase #realtors #refinance #variablemortgages #canadarealestate #mortgagebrokers #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #inflation  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

This episode we bring on another guest, Ardee Sharma with EXP Realty and we talk about the NEW BC UPZONING to all single family homes, surviving the market, discipline and having routine built for success. Exciting news for all aspiring homeowners in British Columbia!  Get ready for a land rush like never before, with guaranteed opportunities for affordable homes! With upzoning for single-family homes, the introduction of middle housing options, and the popularity of two-bedroom condos, the dream of affordable homes is becoming a reality for families. It's an exciting time for housing in BC, and families are sure to benefit from these latest developments. Now moving onto Ardee who is only in his 3rd year as a professional realtor; has already produced some impressive numbers in his first couple years doing business. We have a down to earth conversation on what it takes nowadays to be successful and Ardee goes through his routine which starts at 230am, yes 230am!!! That is some high level discipline and determination to strive to be the best. This market has realtors and brokers running off unfortunately, but we shed light on how realtors and brokers slow down, not the actual markets. Stick with your game plan, because real genuine hard work always pays off.

#bcrealestate #vanre #exprealty #ardeesharma #realtor #vancouverrealestate #fixedmortgages #sales #landdevelopment #construction #land #refinance #variablemortgages #canadarealestate #mortgagebrokers #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #inflation  #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

This episode we bring on a very special 2nd guest, Colin Johnston SVP with VCI Vault Capital Inc. Currently Vice President of sales in BC, Colin has carried very impressive roles in the Canadian mortgage space over the last 30 years. Director of HSBC Finance, Director of Manulife One and then Vice president at Chip Home Equity Loan (reverse mortgages). Colin has an amazing mix of experience within the mortgage space. From working with A Lenders to doing reverse mortgages and now solely focusing on private mortgages, Colin brings on a wealth of knowledge. This range of experience in A lending, B lending and private lending is definitely priceless. The education dropped on this episode speaks for itself. We talk about how the stress test makes no more sense and Bank of Canada's questionable decisions over the past few years. But talk in depth about what's happening in the private lending space, from the consumers carrying them and the lenders that provided them. Did you know that a MIC (Mortgage Investment Corp) was founded and born in British Columbia? BC is Home of the MIC Listen to the full episode to learn everything about private lending. 

#bcrealestate #privatelending #privatemortgages #mic #institutionalfunds #vaultcapital #capital#economicimpact #highnetworth #refinance #variablemortgages #canadarealestate #mortgagebrokers #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #inflation  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

Let's talk about the 2 most important financial topics at this moment right now, the million dollar question and talk of another US BANK collapse. The million dollar question is this. What should you do if you have a Variable Rate Mortgage? This question and topic right here has everyone's emotions and finances all over the place, sadly. But don't worry, because we are here to break it all down for you and play out some scenarios for you as well. Tune into this part to listen to our case scenarios, on refinancing, or breaking or doing nothing with your variable mortgage. Followed with some helpful explanations and value add!

Now onto the golden state of America and the Silicon Valley bank collapse. For those who have not heard of Silicon Valley Bank, this was the 16th largest bank in the US. It's collapse and bailout is a prime example of what not to do. Want to hear more about what they did wrong, tune in here! We discuss how this can impacts Canadian's and how our banks are significantly different than the US. It's important to know that your money and savings are safe, which is why we briefly breakdown the Canadian Financial system and refer to economist forecasts and predictions to determine the impact of the Silicon Valley Bank collapse to Canadians.

#bcrealestate #economiccollapse #bankrun #siliconvalleybank #economicimpact #bailout #refinance #variablemortgages #canadarealestate #mortgagebrokers #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #inflation  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

With a special guest: Gurtej Varn, owner of White Coat Financial, sits down with us as a co- host in this episode. In the episode we talk about life insurance, critical illness insurance (alarming and useful stat), term life insurance, permanent life insurance and we talk also about mortgage protection plans. We all know how important life insurance is and how important it is to own it. But why do we still shy away from it and/or turn it down? From what we have gathered and discussed in this episode, there are two main reasons that are holding people back. It's simply a lack of education and more importantly the lack of an experienced and knowledgeable agent who should provide the education. Just like in mortgages, you require a specialized mortgage broker. Life insurance requires an experienced and highly knowledgeable life insurance agent. This is exactly what Gurtej is. We ask him all the questions that you need to know the answers to. we get some alarming statistics. For example, did you know every other person needs a critical insurance policy in Canada? Listen in to our in-depth talks about all things insurance. Finally, we ask Gurtej why he chose the name White Coat Financial!!! 

#bcrealestate #insurance #investments #lifeinsurance #corporateinsurance #criticalillness #insuranceadvisor #wealthplanning #canadarealestate #mortgagebrokers #whitecoatfinancial #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #inflation  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

2023's top places to invest in Beautiful British Columbia. Think you have what it takes to dominate the real estate market in BC?  Then you won't want to miss this episode. Join us as we lay down our top 5 investment choices for BC's commercial market and residential market. Get ready to take notes, because we reveal some serious insider knowledge that will put you ahead of the game.

#bcrealestate #commercialinvesting #investmenthomes #surreybc #kelowna #okanagan #kamloops #victoria #vancouverisland #eastvancouver #northburnaby #abbotsford #chilliwack #mapleridge #mission #nanaimo #langfordbc #canadarealestate #mortgagebrokers #brightcapfinancial #citycentremortgages #moneystormshow  #commercialmortgages #inflation  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!

In this episode we talk about talk about how the commercial lending space is changing and how institutions are now partnering up with private funds more. Developers are finding new challenges seeking financing in 2023. However, to battle that challenge a lot of partnerships are forming and pools of funds are merging together. Banks are doing a lot of syndication now.  We have access to these new partnerships that are still helping developers and commercial investors. Learn more about syndication loans and how commercial investments are still being done in 2023!

DEBT is increasing at an alarming rate. The Canadian disposable income is getting eaten alive and getting diminished with rising costs and inflation. Don't let the 20% credit card killers destroy you financially. As we all know, credit cards are a never ending story. Get loans that will pay off your cards, cut your interest rates in half and which won't affect your first mortgages. 2nd mortgage private loans are increasingly popular and will be all of 2023 paying off debt.

We also talk about the movement in fixed rates. Only a few episodes ago rates have gone up from 4.5% to 4.8% respectively. Will they go higher than 5%? Try to get into the market with a 4% starting rate. First time buyers don't wait too long!

#moneystormshow #podcastshow #syndicationloans #equity #privatefunds #pensionfunds #commercialmortgages #inflation  #vanre #cdnecon #bankofcanada #podcast #moneystormshow #youtubeeducation #youtubevideos #podcastlife #applepodcast #spotifypodcasts #amazonpodcast #googlepodcast #iheartpodcast

Listen to The Money Storm Show on your favourite podcast platform:

https://www.youtube.com/@moneystormshow

Social Media: @moneystormshow @brightcap.financial @citycentremortgages

We know the storm that's always brewing in the Canadian real estate and mortgage industry!! Whether it be good or bad your Canadian financial forecast is right here!