Real Talk With Gary - Real Estate Investing
Business:Investing
Gary chats in this archive episode with financial planner Kathleen Van Den Berg. Gary and Kathleen discussed the classic financial planning mistakes that most Canadians make, and Kathleen believes that there are many aspects of traditional financial planning today that are fundamentally flawed. Kathleen deals with life insurance, wealth insurance, RRSPs, etc. She considers herself a ‘wealth strategist’, as she recommends and helps her clients with investments such as real estate, which traditionally does not fall under the umbrella of financial planning.
What you'll learn:
* The MOST common mistake most Canadians make with financial planning
* Why Kathleen’s multi pronged approach examines all aspects of a client’s money profile and how they integrate
* Should you invest in RRSPs for tax strategies or retirement, THE ANSWER MIGHT SURPRISE YOU!
* What Kathleen thinks about RESPs, and why the funds are locked if they don’t go to school
* Do you have the correct life, disability, home and auto insurance?
* Why Kathleen performs a debt assessment to help wealth strategies
* Why she focusses on tax optimization, and it helps with long term tax reduction
* Kathleen also does a cash flow assessment
* Why she is an advocate of ‘good’ debt
* What is ‘good’ debt vs. ‘bad’ debt - consumer vs. wealth growth
* Why it helps get that first investment property
* Permanent insurance as a wealth strategy - buy, don’t rent your insurance
* Why “…your borrowing capacity will TURBOCHARGE your wealth…”
* How people, even in their 50’s can harness that borrowing capacity to do great things
* What “Multi Dimensional dollars” are…
* Should financial literacy be taught in schools
* “Debt reduction is not the path to wealth creation”
* And MORE!
Kathleen’s Bio
Kathleen van den Berg is a Certified Financial Planner who believes there are many aspects of traditional planning methods that are fundamentally flawed. She loves to write about the common financial mistakes she sees in her practice.
Kathleen specializes in working with individuals and families to improve cash flow and help them build significantly greater wealth projections over their current plans. As a strong advocate of real estate and rental properties, she actively includes real estate as one of the six key components in her clients’ wealth building plans.
She owns 6 properties, including 5 rental properties. Helping clients create phenomenal wealth and having a lot of fun doing it is her “why”.
Contact Kathleen Van Den Berg
Email: vws@live.ca
Facebook Group: Wealth Talk
www.wealthplancoach.ca
Please a leave a review, as it helps Gary understand if he’s bringing on the right guests that you want to hear from!
Interested in learning more about Real Estate Investing? Visit https://www.smarthomechoice.ca
Empowering Investors to Invest with Confidence w/Elizabeth Kelly #257
Is The Housing Market Leaving The Next Generation Behind w/Todd Slater #256
ChatGPT, The Future Of Real Estate & Political Divides Pt 2 w/Sandy & Kate MacKay #255
Starting Small, Building Big: The Journey w/Sandy & Kate MacKay #254
Scaling Your Business: From Chaos To Order w/Adriana Ostapenko #253
U.S. Real Estate Investing For Canadians: A Gateway To Growth w/Nate Atkins & Neil D’Souza #252
How Can Spouses Successfully Build a Business Together w/ Lena Guirguis #250
Mistakes Made in a HOT Market w/ Dave Butler #249
Power Of Sale; Closing Disputes & Using VTBs w/Allison McMurter #248
Strategies for Self-Employed Canadians: Making the Most of Your Mortgage w/Denise & Nicolee #247
From Colombia to Building a Multi-Family Legacy w/Jeff Ortiz #246
House Hacking for Real Estate Wealth: A Path To Success w/Michael Lombardi #245
Raising Money, Going Debt-Free & How to Survive A Mental Crash w/Joel Friedland #244
Could Bitcoin Replace Traditional Currencies in the Future w/Jacob Asparian #243
Is Your Vision Stronger Than The Economy w/Kory MacKinnon #242
The Wholesale Blueprint: Strategies For Success w/Luc Boiron #241
#240: Gavin McHale - Unlocking Your True Potential for 2024
#239: Simona Zaslavsky - Strategies For Handling Landlord & Tenant Board Issues
#238: Mayu Thava - How To Thrive In The Current Real Estate Market
#237: Harry James - How To Live Real & Be Real
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Aligned Money Show
Dubai Property Podcast
IBKR Podcasts
The Ramsey Show
The Clark Howard Podcast