Buying a Home Is Possible

Buying a house is scary. There are a lot of people out there who will tell you that you do not have enough money for a down payment. You may think that there is no way you will be able to afford a mortgage payment every month. All of these things may stop you from purchasing a home and force you to continue to rent. On this series, Move in a Minute, I show you real people in your area who can prove to you that it IS possible. 


Meet Grace: a single mother who was looking to buy a home, but was fearful. She saw a house online and reached out to me to view it and that is where our journey together began. Grace felt mentally ready to become a homeowner, but didn’t feel financially ready to buy a house. After looking at a few houses we were able to find one that was perfect for her and the real discussion about buying began. 

In Norfolk, there is an extremely helpful program that not many people are aware of and even fewer people utilize. When eligible, this program offers to pay for 10% of your down payment, which is all you need to purchase a home, and does not ask you to pay the money back if you remain living in the home for a certain length of time. Programs like this are so useful in the buying process and can help people who are in the same mindset as Grace. 


After Grace decided to put her trust into me, and into the program, the paperwork process was extremely quick. She was able to stop renting and purchase the home she wanted.


Now, for the daunting task of a mortgage…Grace was open to the idea of a duplex from the very beginning, and actually ended up purchasing one! Since she has a legal duplex, she is allowed to rent the other portion to a tenant, which she has taken advantage of and now only has to pay for half of her mortgage! Having the flexibility to have a tenant is what helped Grace go from a renter herself, to a homeowner. 


Moral of the story is, with the right team of people behind you, you can make any situation work. I should know because I’m a dad, and dads know best! If you have any questions regarding the program, or anything else real estate related, I’m your guy. Thank you for watching!

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The Best Blueberry Picking Farm: Powell’s Patch Blueberries

It’s the end of summer, school is starting back up, and you’re searching for a fun activity for you and your family to do on your last few free days…well I have the perfect place for you! On my most recent episode of Norfolk Real Estate Dad, I take you to Powell’s Patch Blueberries and speak with the owner and operator, Cara, about why her patch should be your number one pick!

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Beautiful Garden Ideas in Norfolk County: Whistling Gardens

Whistling Gardens is the place to go in Norfolk County when you want to enjoy blossoms in bloom. They also have great concerts and food and is even a wedding venue for many. Whether you want to enjoy a quiet afternoon to reflect, or bring your family to enjoy the fresh air and nature, Whistling Gardens is a great place to go. On my recent trip to Whistling Gardens, I had the pleasure of speaking with Darren, the owner, founder and head gardener. 
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Happy Father’s Day

How do you plan on spending time with your family this Father’s Day? Check out my latest video for some fatherly advice that was passed on to me by a friend. ❤️👨‍👧‍👦 Happy Father’s Day to all of you dads!

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How to Encourage Farm to Table Healthy Eating for Kids in Norfolk: Meadow Lynn Market Garden

One of my favorite places to take my family is Meadow Lynn Farms. Meadow Lynn Farms is a multi-generational family run farm and today I want to introduce you to Sarah Judd who manages the Meadow Lynn Market Garden. She provides families like mine and yours fresh, delicious and healthy produce. Everything they sell is grown on the farm.

The Norfolk Real Estate Dad Nick Tompson
Down on the Farm with my Family

While visiting the farm, I recently chatted with Sarah Judd. She offered insight into her farm and passion for vegetables and agriculture.

The Farm

Meadow Lynn Market Garden is grown on reclaimed land. The field where the vegetables are grown was once a hay field for over 20 years. Most of the vegetables farmed are grown in permanent beds. Sarah is proud to point out that the gardens are pesticide-free and the seed for the market garden is not treated and is non-GMO. Sarah uses nutrient rich compost from her dairy barns to help fertilize the soil.

Veggie Box Program

Sarah’s farm offers an exciting opportunity to the community through her Veggie Box Program. The program provides subscribers the ability to eat and enjoy fresh, seasonally-grown veggies. Meadow Lynn Market Garden grows 30 types of vegetables. There are 8-12 different vegetable varieties in the box. The Veggie Box program runs yearly from June to October. You can purchase a weekly or bi-weekly Veggie Box for the season.


Sarah’s love of vegetables and agriculture helps bring agriculture awareness to the community and Norfolk. She teaches seasonal eating and holds events and workshops on her farm. Sarah encourages Veggie Box subscribers to pick and harvest vegetables with their family while learning about different vegetable species.

My family and I regularly visit Meadow Lynn Market Garden. They provide a wonderful farm experience for my children. I am excited to have my kids learn about and enjoy the benefits of healthy eating habits. Next time you’re looking for healthy food options, connect with the community and visit Meadow Lynn Market Garden.

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Why You Should Invest in Real Estate to Plan for Your Children’s Future

I am not just a Norfolk Real Estate Dad, I am also a Norfolk Real Estate Investor who believes in accumulating wealth through real estate assets. As a parent, you want to ensure your children have a secure future. We all know kids are expensive. I am a father of four with plans to also retire before 65. I want to share how we are doing this.

Do you want to know how my wife and I are creating a secure future for our kids and also saving for retirement while spending only a few hours per month of our time? Keep on reading.

We have purchased a property for each of our four children. All of these properties pay for their own expenses with some positive cash flow left over each month. Every month the mortgage is being paid down while the property itself is also appreciating. The positive cash flow and increasing equity allow us to cover expenses like braces, education, or their future home down payment. These properties will provide financially for our children in any direction they decide to take.

It is incredibly comforting as a parent to not have to worry about this one part of my children’s future.

To learn how to do this for yourself click here to set up your own consultation with your local Norfolk Real Estate Dad.

Now, before I walk you through exactly how we were able to buy four homes, let’s go over some of the numbers that are key to seeing the big picture. This little bit of math can make you a millionaire.

If you bought just one house that broke even every month, you could accrue equity every year by simply having your tenants pay down your mortgage. Let’s assume you purchase an average home which in Norfolk County right now would be worth $350,000. (If you are in a different area just insert a number which makes sense for your town.) This would provide you with a fully paid off property in 25 years. But houses do tend to increase in price over time so let’s add in some appreciation.

Let me start by saying that past performance does not guarantee future returns, but it can give you a good estimate. Over the past 30 years in Southern Ontario, the average home has appreciated five percent per year. Now let me go over some numbers to break this down for you.

The Rule of 72

The rule of 72 tells us that five percent annual appreciation will cause your asset to double in value every 14.4 years. Let’s assume that over the next couple decades appreciation is a bit lower and let’s say that your investment property doubles in 18 years. If you were to buy a $350,000 property when your child is born then by the time they are ready for University this property would be worth $700,000 and you would only have $106,000 left on your mortgage which gives you $594,000 of equity to pay for University.

I hear what you’re saying. These numbers sound insane. No way houses go up that much.

In 2010, the average home in Norfolk County was $200,000.
In 2019, the average home is over $350,000!

That is over a 75% increase in just nine years!

In 25 years you could own a million dollar house mortgage free.

What would a million dollar asset mean to you in retirement?

You may think you are too busy to find a house, buy it, and become a full-time landlord or that you have no idea where to start. Well, let me tell you more about what we did.

In 2014 my wife and I bought our first investment property, my wife was pregnant with our second child, we were celebrating our first child’s first birthday, and only had $7,000 in the bank. I had a decent paying job and my wife was a full-time mom (I definitely had the easier job).

We had every excuse to not take action and just continue along collecting a paycheck every two weeks and saving up the few dollars we could in an RRSP or TFSA. We could see that inflation was outpacing my annual raise and things like University tuition and home prices were soaring. We had to do something and that is when I discovered investment properties, creative financing, and value add techniques.

We were able to leverage short term loans for the down payment and renovations to buy a home in need of work and complete the value add renovations (added a third bedroom and opened up the kitchen/living area). We did not know it at the time, but this was our first BRRRR project. Shoutout to Brandan Turner at BiggerPockets for coining that term. Buy Renovate Rent Refinance Repeat. This process has been the foundation we used to build our portfolio.

In short, we added enough value to that property to refinance it and pull out all of our invested capital while still keeping the property and having the tenant pay for all of the expenses. Our capital then went to the next property, then the next one, then the next one and now we have 6 rental doors over 4 properties and have gone from a net worth of under $20,000 to over $350,000 in under 4 years. I do not share these number to brag but to show you what is possible.

Sounds complicated I know, but I can help you take this first step. Take advantage of the years of experience and research I have acquired to make YOURSELF wealthy.

Click here and contact the Norfolk Real Estate Dad today.

After our first property, we continued to add tools to our toolbox. We bought a house with an oversized yard and severed off a new building lot to sell. We began adding auxiliary dwelling units (Granny Flats) in our single-family homes to increase cash flow. And even added a basement apartment in our own family home that now pays the majority of our own mortgage each month.

You may think my wife and I are exceptional people and most people would never be able to do this. Your half right, my wife is superwoman. I have no idea how she manages 4 kids, a full household and always has a smile on. Even though my wife is super-human I am not. I am an Average Joe no different than yourself. The one thing I did do though was take action. I took that first step, stumbled a bit then took another step. I stepped out of my comfort zone and that is where personal growth exists. The thing that makes you feel the most uncomfortable is exactly what you most need to do.

So get uncomfortable, take that first step and contact The Norfolk Real Estate Dad. Whether you’re looking to invest in Norfolk County or anywhere else, contact me and I can either help out directly or link you up with the local experts in your area.

P.S. It is never too late to start building wealth for your future. No matter what point you are at in life or what you want extra money for, Real Estate can help you achieve your financial goals.

P.P.S. If you are still reading and have not clicked the link yet you are likely a skeptic. I am a skeptic as well. As a skeptic I have learned that people can lie, people can exaggerate, but numbers never lie. Take another read through that boring math at the beginning of this article and then click the link to change your life forever.

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The Hottest New Development In Simcoe: Westwood Trails

Is your home in desperate need of an upgrade?  Are you stuck in the 80’s with outdated appliances and worn out fixtures, but don’t want to deal with hassle of a huge remodel?  If that sounds like you, then it’s time to buy new! On this episode of Dad Knows Best, we’re taking you to a brand new development right here in Simcoe, Ontario called Westwood Trails.  You’ll want to snag one of these bungalow-style townhomes early to get the best deals, and we’re going to show you how!
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Preparing To Buy Or Sell In Norfolk County

Are you dreaming of a Norfolk County summer?  Let’s face it: we’ve all been hunkered down inside our homes, riding out the winter and eagerly waiting for the snow to melt.  If your summer dreams of beaches, beers, barbecues, and backyard get togethers also includes buying or selling a new home, you’ve probably got a ton of questions on your mind!  Where do you start?  How much is your home really worth?  And at the end of the day, how much of that money will still be in your pocket?

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The Best Pub Food In Norfolk County: The Gibbled Goose

When you need a night away from the kids, do you ever have trouble deciding where to go?  If you’ve just booked your babysitter and are looking for date night destination ideas, we’ve got a great location for you right here in charming Waterford.  On this Family First Episode of Dad Knows Best, we’re heading to The Gibbled Goose, a British-inspired restaurant and bar offering the finest in food, drink and friendly conversation.  We’ll talk to owners Greg and Loraine to find out what makes this hot spot a unique place to come dine and have a pint on your night out.

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