Unlocking the Door to Real Estate Success: It All Starts With One

Josh Perez • January 2, 2025

If there’s one thing I’ve learned in the world of real estate, it’s this: it all starts with one. Your first investment property. Your first big decision. Your first leap of faith.



As highlighted in my recent conversation on the @brokersplaybook Podcast, the journey into real estate doesn’t begin with a massive portfolio or decades of experience. It starts with your “why.”

"The first investment property often opens the floodgates—boosting your confidence, growing your risk appetite, and unlocking relationships and resources you never knew you had. It all starts with one and discovering your why."

Start With Your Why

Before you dive into your first property, take a step back and ask yourself: Why am I doing this? Whether your goal is financial freedom, securing your retirement, or building generational wealth, your purpose will shape your decisions and keep you grounded when challenges arise.


As my host pointed out, your “why” also helps define your strategy and the team you need to assemble to make your vision a reality.


The Confidence of Taking That First Step

That first property is about more than just the numbers—it’s a game-changer for your mindset. It unlocks your confidence, expands your risk tolerance, and sharpens your skills. It also introduces you to the relationships, resources, and systems you’ll need to succeed.


Owning your first investment property is where theory meets practice. Managing your own balance sheet, income, and expenses turns hypothetical plans into real-world experience. That’s when you start to understand what works, what doesn’t, and how to improve.


As I shared on the podcast:

"That first property or project often opens the floodgates of confidence, your risk appetite, your skill set, and relationships with people and resources that can help you."


It’s About Progress, Not Perfection

Real estate success isn’t about reaching an arbitrary number of properties. Whether you aim for 10, 30, or 150 properties, every journey begins the same way—with one.

Don’t let analysis paralysis or fear of imperfection stop you. Each step forward builds momentum, and each property teaches you something new.


Build Your Power Team

No one succeeds in real estate alone. Your team is essential. From mortgage brokers and real estate agents to contractors and financial advisors, surrounding yourself with experts who align with your goals can make all the difference.


The right team will help you navigate challenges, uncover opportunities, and stay focused on your bigger picture.


Ready to Take the Leap?

Your first investment property isn’t just a milestone; it’s a foundation. It’s where you learn, grow, and build the confidence to expand your portfolio.


As I often say, you can talk about investing, hear examples, and learn from others—but managing your own property is where the real lessons begin.


So, what’s holding you back? The journey to real estate success starts with one. Let’s make it happen.

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Josh Perez
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New to Credit? Let’s Build a Solid Foundation

By Josh Perez • September 24, 2025
Starting from Scratch: How to Build Credit the Smart Way If you're just beginning your personal finance journey and wondering how to build credit from the ground up, you're not alone. Many people find themselves stuck in the classic credit paradox: you need credit to build a credit history, but you can’t get credit without already having one. So, how do you break in? Let’s walk through the basics—step by step. Credit Building Isn’t Instant—Start Now First, understand this: building good credit is a marathon, not a sprint. For those planning to apply for a mortgage in the future, lenders typically want to see at least two active credit accounts (credit cards, personal loans, or lines of credit), each with a limit of $2,500 or more , and reporting positively for at least two years . If that sounds like a lot—it is. But everyone has to start somewhere, and the best time to begin is now. Step 1: Start with a Secured Credit Card When you're new to credit, traditional lenders often say “no” simply because there’s nothing in your file. That’s where a secured credit card comes in. Here’s how it works: You provide a deposit—say, $1,000—and that becomes your credit limit. Use the card for everyday purchases (groceries, phone bill, streaming services). Pay the balance off in full each month. Your activity is reported to the credit bureaus, and after a few months of on-time payments, you begin to establish a credit score. ✅ Pro tip: Before you apply, ask if the lender reports to both Equifax and TransUnion . If they don’t, your credit-building efforts won’t be reflected where it counts. Step 2: Move Toward an Unsecured Trade Line Once you’ve got a few months of solid payment history, you can apply for an unsecured credit card or a small personal loan. A car loan could also serve as a second trade line. Again, make sure the account reports to both credit bureaus, and always pay on time. At this point, your focus should be consistency and patience. Avoid maxing out your credit, and keep your utilization under 30% of your available limit. What If You Need a Mortgage Before Your Credit Is Ready? If homeownership is on the horizon but your credit history isn’t quite there yet, don’t panic. You still have a few options. One path is to apply with a co-signer —someone with strong credit and income who is willing to share the responsibility. The mortgage will be based on their credit profile, but your name will also be on the loan, helping you build a record of mortgage payments. Ideally, when the term is up and your credit has matured, you can refinance and qualify on your own. Start with a Plan—Stick to It Building credit may take a couple of years, but it all starts with a plan—and the right guidance. Whether you're figuring out your first steps or getting mortgage-ready, we’re here to help. Need advice on credit, mortgage options, or how to get started? Let’s talk.

Bank of Canada Rate Announcement Sept 17th, 2025

By Josh Perez • September 17, 2025
Bank of Canada lowers policy rate to 2½%.  FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario September 17, 2025 The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. After remaining resilient to sharply higher US tariffs and ongoing uncertainty, global economic growth is showing signs of slowing. In the United States, business investment has been strong but consumers are cautious and employment gains have slowed. US inflation has picked up in recent months as businesses appear to be passing on some tariff costs to consumer prices. Growth in the euro area has moderated as US tariffs affect trade. China’s economy held up in the first half of the year but growth appears to be softening as investment weakens. Global oil prices are close to their levels assumed in the July Monetary Policy Report (MPR). Financial conditions have eased further, with higher equity prices and lower bond yields. Canada’s exchange rate has been stable relative to the US dollar. Canada’s GDP declined by about 1½% in the second quarter, as expected, with tariffs and trade uncertainty weighing heavily on economic activity. Exports fell by 27% in the second quarter, a sharp reversal from first-quarter gains when companies were rushing orders to get ahead of tariffs. Business investment also declined in the second quarter. Consumption and housing activity both grew at a healthy pace. In the months ahead, slow population growth and the weakness in the labour market will likely weigh on household spending. Employment has declined in the past two months since the Bank’s July MPR was published. Job losses have largely been concentrated in trade-sensitive sectors, while employment growth in the rest of the economy has slowed, reflecting weak hiring intentions. The unemployment rate has moved up since March, hitting 7.1% in August, and wage growth has continued to ease. CPI inflation was 1.9% in August, the same as at the time of the July MPR. Excluding taxes, inflation was 2.4%. Preferred measures of core inflation have been around 3% in recent months, but on a monthly basis the upward momentum seen earlier this year has dissipated. A broader range of indicators, including alternative measures of core inflation and the distribution of price changes across CPI components, continue to suggest underlying inflation is running around 2½%. The federal government’s recent decision to remove most retaliatory tariffs on imported goods from the US will mean less upward pressure on the prices of these goods going forward. With a weaker economy and less upside risk to inflation, Governing Council judged that a reduction in the policy rate was appropriate to better balance the risks. Looking ahead, the disruptive effects of shifts in trade will continue to add costs even as they weigh on economic activity. Governing Council is proceeding carefully, with particular attention to the risks and uncertainties. Governing Council will be assessing how exports evolve in the face of US tariffs and changing trade relationships; how much this spills over into business investment, employment, and household spending; how the cost effects of trade disruptions and reconfigured supply chains are passed on to consumer prices; and how inflation expectations evolve. The Bank is focused on ensuring that Canadians continue to have confidence in price stability through this period of global upheaval. We will support economic growth while ensuring inflation remains well controlled. Information note The next scheduled date for announcing the overnight rate target is October 29, 2025. The Bank’s October Monetary Policy Report will be released at the same time.