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News From Lea and Lefry


Hello everyone!

We can’t believe summer is over and we’re beginning to feel the cold weather. We hope you got to enjoy Labour day holiday, the last long weekend of summer with your family and friends.

Back to school in previous years was an exciting event to students. Unfortunately, this year, many parents share concerns about their kids going back to school for the first time after the pandemic forced all schools to close. Both parents and teachers have mixed feelings over the risks and benefits of physically going back to school during the pandemic. Some parents are glad that they can finally end juggling work, caring for their kids, and homeschooling them. But some parents are worried about the risks of covid 19 exposure for their kids and other family members. Teachers are worried if the schools are ready and well equipped in preventing the spread of covid 19 to their students and themselves. To make sure kids stay healthy during this school year, remind them daily to always keep their masks on, frequently wash their hands, and always maintain physical distance from other students and teachers. It is also good to explain to them more often why they have to do those measures daily while in school.

During this pandemic, we realized that it is absolutely important to be financially stable and ready for any unforeseeable events like the pandemic. Growing up we were told by our parents to study hard, finish a degree, and get a good paying job. But what our schools fail to teach us is financial literacy. There are a lot of people who have high paying jobs that are still broke and people who have to work multiple jobs to cover all their expenses. This was us before too, working hard and trading a lot of our time to earn money to cover all our expenses. What is lacking is the knowledge of how to properly manage our personal finances.

We wanted to share to you one of the things that we learned about financial literacy and how we manage our finances that helped us free up our money to use in our real estate investments. Did you know that there are two types of debt? Yes! Debt is not just debt alone, there is a bad debt and a good debt. You must be shocked to hear that there is a good debt. A good debt is a debt that brings you money or income every month. For example, when you use your home equity to buy an investment property, that debt is actually considered as a good debt as it gives you the ability to earn monthly income and increases your wealth or net worth. Bad debt, on the other hand, are the debts you incur from your credit card spendings on things like new gadgets and clothes, car loans, and payday loans. This is considered as bad debt as it does not give you monthly income, significantly decreases your wealth, and the things you have bought depreciates in value as soon as you walk out of the store. Learning this concept, we decreased our bad debt and the money we save from paying off our bad debts are used towards our real estate investments and our three-month emergency fund.

Our real estate investment update: This month, we have started our Turnkey Renovation systems with REIN, a system that streamlines our renovation process and helps in making sure our renovations are done on time and on budget. We also met with our amazing investor focused accountant, Cherry Chan, to talk about our strategic plan for the coming years. Just last week, for the first time we had our breakfast club meeting where we meet our fellow real estate investors and share experiences in our real estate investments. What excites us is that our breakfast club serves as our accountability group.

It has been a full yet fun month for us and our family. As we move forward to the colder days we wish you all good health and happiness.


With love,






Real Estate Leverage

Investing in real estate has become a popular way to diversify your investment portfolio. Everywhere we look, we’re constantly reminded of the benefits of buying property, from the many infomercials about real estate seminars, or the home shows that tote the incredible value of managing or flipping rental properties.

But it isn’t that easy. After all, buying a rental property isn’t like investing in stocks—you can’t just put down a little here and there and become a property owner. You need capital to make that purchase. And the process can often be long and drawn out. Not to mention all the risks involved, especially if you don’t do your research. But is there a way to get into the market by increasing your net worth? Try using leverage to your advantage. By doing this, you can put little to no money down, and use debt to help you realize a return.

Source: https://bit.ly/2G2J3DL









About Lea and Lefry:

Lea and Lefry Amarille are real estate investors. They have been actively involved in the GTA and Durham Region real estate investing for a number of years.  Their mission is to provide great quality homes for tenants, while at the same time providing an above-average return on investment (R.O.I) for their investor partners and themselves.  It is truly a win-win-win way of investing!

Lea and Lefry offer their investor partners hands-free investment opportunities. If you are interested to learn how to earn an above-average return on your investment, backed by a solid asset, and without a hassle of being a landlord, please contact Lea and Lefry.

For more information about Lea and Lefry and their investment program,
please call (416) 827-0586. or visit  https://investorleaandlef.com/