The Burn Your Mortgage Podcast: How to Find Cash Flow Positive Rental Properties with Jelani Smith

Jelani Smith is a personal finance guru with a passion for real estate & personal finance. He is a real estate agent at RE/MAX Hallmark Realty Inc., and a Team Lead for Vertex Real Estate. He bought his first home in Toronto as a recent U of T grad and looks forward to sharing his knowledge with students & recent grads.

Jelani has received multiple agent awards, including, but not limited to, receiving the Chairman's Club Award 3 years in a row. With the intent of helping clients climb the real estate ladder, he closed 39 deals within the first 12 months of his real estate career. All in all, Jelani has the vision of providing guidance to investors, buyers, & sellers – with the underlying goal of wealth creation.

In my interview with Jelani, we discuss:

• Current opportunities for real estate investors
• Garden suites and fourplex opportunities for investors
• The increase in the price cap for insured mortgages from $1M to $1.5M
• Advice for first-time homebuyers, as well as those looking to buy and sell in the current real estate market
• The current state of the rental market