My 2nd Property of the Year

Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!
It’s December, so we’re full swing into holiday mode!!!! Christmas lights are clipped into our eavestroughs, our light up Santa got blown over on our front lawn, the usual! This year we started a new tradition, the Royal Botanical Garden’s Santa’s Signature Experience.  My wife booked it after reading the rave reviews on a Facebook mom’s group, and the experience lived up to the hype.
It included a return trip on The RBG Express (a train ride), hot chocolate and a cookie, storytelling and crafting with Santa’s helpers, admission to RBG for the day’s activities, and of course your visit with Santa.
Santa’s Cabin was off the hook! It had a beautifully decorated fireplace, giant tree, and, the star of the show, Santa!! Santa asked my kids if they knew they had brought Christmas magic with them. My kids had no clue what he was talking about, but then Santa reached behind my daughters ear and illuminated a light within his glove between his index finger and thumb. The look of astonishment on my kids faces made me nearly lose my composure. I couldn’t have been happier with the experience, but my daughter had more in store for us.
A few days later, we asked my daughter what she wanted for Christmas and she said “I want a Lego Cookie Monster to give away at the Basket Brigade.”
Mission accomplished!!!! Christmas can end now and I’d be happy. Part of our objective with our charity is to teach the kids to be selfless, and I believe the best teaching is done by showing, not telling. My daughter is not even 4 years old and she knows the meaning of Christmas. Proud parent moment!!
Here she is with Anna and Elsa dolls (from the Frozen movie) we bought with our own money to give away on our personal deliveries.
In case you’re interested in an opportunity to teach your kids and to give back, we need a few more packers and are in need of 25 more delivery drivers. To avoid disappointment, please register ASAP.  Hamiltonbasketbrigade.com

My 2nd Property of the Year

Last week we closed on our 2nd investment property of the year, and this week I recount how it all went down!! Hopefully in a few weeks I’ll be able to talk about our third property of 2017 🙂
To Listen:
Google Play: http://goo.gl/CAM5Mn

Till next time, Just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor
This podcast is brought to you by the Halton Real Estate Investors Group. The goal of the Halton REI is to entice would-be real estate entrepreneurs to get off the couch, make things happen, and replicate the success of our multi-millionaire clients such as podcast guests Charles Wah, Andy Tran, Evelyn, Kaush, Cherry Chan, Michal Wywrot and Tim Collins.  Our track record of coaching highly successful investors is extensive and we share our secrets, tips and tricks at Halton REI meetings.  So if you are interested in travelling the path of least resistance to real estate wealth without ever swinging a hammer than this is the place for you. Go to HaltonREI.ca/signup to register and do so quickly to avoid disappointment as we have waitlisted folks many times and seats are limited.  One of the secrets of success is to surround oneself with successful people and in my ten plus years of attending workshops and networking events, this is one of the best places to be and I hope to see you soon.

Gold Award & Economic Update

Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!

Left to Right: Richard Dolan, President of REIN; Patrick Francey, CEO of REIN; me; Don R Campbell

This week we close on another investment property. It’s our 2nd investment property this year, with plans to buy our third, hopefully in December. Last week was November’s REIN meeting, and I finally remembered to update and submit my list of properties I had purchased as a REIN member. Lucky enough, Don Campbell was in town to present live, and I was awarded my gold pin for 17 properties. Don, and the REIN executives and members, have been a huge part of my journey. REIN just announced ACRE, the best weekend of real estate training, on March 2-3rd. Link: http://info.reincanada.com/toronto-acre-2018. The price is a rock bottom $687 plus tax, but hopefully I can get you listeners a discount code, so hang tight! For those of you who have been around for a while, you know $687 is a great return on investment. Other organizations charge $1,500 for a weekend event and I’ve invested thousands more for other business events.

Fully renovated, turnkey.

Funny story about the REIN meeting; as I was getting ready to head out the door to drive with my buddy, Charles Wah, to the REIN meeting, I wanted to wear my red Nike shoes. Specifically, Kobe Bryant’s, knowing that Richard Dolan, President of REIN, wears equally funky shoes some days. Normally, I would just wear dress shoes. Later that night, as Richard called me to stage to accept my award, he jokingly accused me of raiding his closet and stealing his shoes. 😛 Unprofessional of me to wear basketball shoes? Maybe, but fellow members and Don Campbell were complimenting me on both my shoe game and award, so whatever. I’m not sure there is a lesson there, I was just being me: a big basketball fan and a fan of comfortable shoes.
Richard Dolan asked me what my secret was and if anyone can accomplish the same. Yes, anyone can do this. Being a REIN member has helped me, and the secret to success? Anyone who makes investing a priority will succeed.

Economic Update

Welcome, ladies and gentlemen investors across the greatest country in the world. My name is Erwin Szeto aka Mr. Hamilton, bringing you the Truth About Real Estate Investing show for Canadians, where it is my job to bring you experts in the world of investing. We will learn from their experience, pick out the lessons, tips and tricks, and figure out what makes them tick, so you too can replicate their success to enhance your real estate investor’s life of health, wealth, friends, family and fun.
This week we have something different, like we do every week! This week we have the economic update presentation I delivered in October to my Halton Real Estate Investors Group.  I did it in one take, so it’s not polished, but if you want insight into what drives my decision making to continue to acquire investment property while having very little diversity in my portfolio, this will give you that insight! In my opinion, those with assets will create the most the wealth and if I don’t, well, that’s a scary alternate ending I’m doing everything in my power to avoid.

To Listen:
Google Play: http://goo.gl/CAM5Mn

Till next time, Just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor
This podcast is brought to you by the Halton Real Estate Investors Group. The goal of the Halton REI is to entice would-be real estate entrepreneurs to get off the sidelines, make things happen, and replicate the success of our multi-millionaire clients such as podcast guests Charles Wah, Andy Tran, Evelyn, Kaush, Cherry Chan, Michal Wywrot and Tim Collins. Our track record of coaching highly successful investors is extensive, and we share our secrets, tips and tricks at Halton REI meetings. So, if you are interested in travelling the path of least resistance to real estate wealth, without ever swinging a hammer, than this is the place for you. Go to HaltonREI.ca/signup to register. Do so quickly to avoid disappointment, as we have waitlisted folks many times, as seats are limited.  One of the secrets of success is to surround oneself with successful people. In my ten plus years of attending workshops and networking events, this is one of the best places to be. I hope to see you soon.

USS Concert and Capital Gains Exemption On Rental Property

Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!

Who doesn’t like live music, especially when they put on THE BEST live performance. My credo is, life is all about experiences. I recommend you catch USS if they’re ever playing a gig near you. At the show in Hamilton, I had a great time with my friends Mike Gillespie, St Catharines investor extraordinaire; John Roumanis, Hamilton investor of $600,000 in 6 Years fame; and Steve.

Here is a youtube video of one of their lives shows: https://www.youtube.com/watch?v=TT3KZIE27xo

With life being so short and everyone being so busy, I find my social circle continually distills down to just awesome people who are also successful in business, which makes for great conversations. So keeping with living your real estate investor’s life of health, wealth, family and fun; for those who enjoy having fun along side successful real estate investors, a group of us including: Andy Tran (second suite guy), Charles Wah (land developer guy), James Maggs (10 property guy), Roger Auger (property management guy), Zach Twose (contractor guy), John Roumanis ($600k in 6 years guy), me (Chinese guy); we are planning a social get together of fun and adult beverages at Dave and Busters in Oakville, which is basically Chucky Cheese for adults. Since there is no Halton REI Meeting for December, we figured we’d put out an open invite to everyone for an Xmas social. No tickets or passes, just pay your own way.


Capital Gains Exemption On Rental Property

Welcome ladies and gentlemen investors across the greatest country in the world. My name is Erwin Szeto, aka Mr. Hamilton, and I bring you the Truth About Real Estate Investing show for Canadians, where it is my job to bring you experts in the world of investing. We will learn from their experience, pick out the lessons, tips and tricks, and figure out what makes them tick so you too can replicate their success to enhance your real estate investor’s life of health, wealth, friends, family and fun.

This week we have something different, like we do every week! In last week’s episode, Ryan Carr and I were stumped on the principle residence capital gains exemption Ryan is entitled to after he recently sold his current principle residence. This area of real estate tax is not well known, and I didn’t have the answer, so I did what any investor would do: walk down the hall to my wife’s office and ask her. It just so happens I’m married to the Cherry Chan of www.realestatetaxtips.ca, who this month was published in the CPA Magazine, where she goes on to educate Chartered Professional Accountants on taxation of investment real estate.

So, I walked back to my office, called my wife, clicked record, and asked her how to properly maximize one’s returns by declaring a rental property as one’s principle residence, along with some additional difficult follow-up questions. I hope you all enjoy this as I know how difficult it is to find answers to these very specific questions, without paying Accounting fees. As always, everyone’s situation is different, so do please contact your professional Chartered Accountant specializing in real estate investments.

To Listen:
On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Download as an MP3 by right clicking here and choosing “save as”

To reach out to Cherry:
website: www.realestatetaxtips.ca
Facebook: https://www.facebook.com/CCCPA/

Till next time, just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor

 

How To Prepare for the Housing Crash

Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!
What a terrific weekend for Canadian sports!! My Saturday started with spectating a Brazilian Jiu Jitsu tournament to support my teammates from http://www.mnunesbjj.com/ who were competing.  I’m still a beginner at the sport, so I was there to be a cheerleader and to experience a competition as a spectator before I sign up to fight in 2018.  Yup, I’m committed to competing at least once and I’ll take a pragmatic approach to training in the sport, by working on both my strength/conditioning and my diet, as I’ll need to lose weight to ensure I’ll be the largest competitor in my weight class. Just like my real estate, I prefer to have every advantage in my favour. When I turn 40 I will be the youngest in the Seniors, 40 years old and above, division :D. 
Speaking of having every advantage, my clients hired me to sell their flip property, a gorgeous 2,600 square foot house on one acre.  To best present the property we recruited the best stager and the best photographer to do a “Truetour” video, so you feel like you’re there. We also had drone pictures taken to properly capture what a lovely property this flip is. Check it out here: http://virtualviewing.ca/mm16b/4078-aberdeen-rd-beamsville-u/
Saturday night was the return of the all-time-greatest in combat sports, Georges St. Pierre, who won the Middleweight Championship in shocking form.  You can’t tell from the picture but we were all jumping up and down when Georges connected with that short left hook.  We were so loud we woke up Cherry. 😛
In attendance were some of my investor friends: Mike Iuliano, Andy Tran, Charles Wah and Mary Clements.  Can you tell I enjoy mixing business and pleasure? Makes for more interesting conversations, and they’re all great company.  Special thanks to Mike for bring nacho ingredients from his garden for some of the best nachos I’ve ever had.  It made a great night even better.
Sunday was the TFC Eastern playoffs semi final. The second leg was a crazy game. Toronto had all the best scoring chances in the 1st half then gave up trying on offence in the 2nd half. There were a million penalty cards handed out, the crowd was all over the ref, including beers being thrown in his direction. We lost the game, but move on to the eastern final due to away goals tie breaker. Can’t wait for that game! TFC TFC!!! #COYR

What You Can Do Now To Prepare for the Correction

This week we have something different. We have a returning guest in Ryan Carr, because him and I were masterminding two weeks ago and he was explaining to me how he is bearish on the market. We both agree a correction is coming, or we may have already hit bottom based on some of the headlines, but Ryan is believing the correction will be worse than I expect. With doomsayers, the strategy is obvious, sell all your real estate and rent. Not many people put their money where their mouth is like MP Garth Turner, who called for a correction in 2008. We all know where the market has gone since then though. He may have been incorrect, but at least he practiced what he preached.
That brings us to Ryan Carr. He’s back on the show to share with all of us how he’s preparing for a steep correction in the short term. The show is the Truth About Real Estate Investing, and I want to bring you a variety of opinions and experts so you too may maximize your financial success, have kids that graduate university debt-free, support your favourite church and charities, etc… Ryan is a bright young man investing in 20 properties in the last 2 years, and his only formal training is in mechanics.
For the long version story of Ryan, simply rewind back two episodes or click here: http://www.truthaboutrealestateinvesting.ca/mechanic-invested-20-properties-two-years/
So without further ado, I give you, Ryan Carr.
To Listen:
Google Play: http://goo.gl/CAM5Mn

To reach out to Ryan:
Vertical split tour Nov 18, 10am! Register directly w/ Ryan
Ryan’s article on shed investing:
Till next time, just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor

Happy Halloween & The Inner Change Maker of Real Estate w/ Jay Wong

Happy Halloween Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!

Saturday was another great coming together of like minded real estate entrepreneurs, sharing and giving. It had to be with the cold rain and driving before sunrise!! I have the worst short term memory, as I seem to forget how the days get shorter in the fall/winter LOL.
The event covered an economic update, mortgage market update (thanks to Scott Dillingham of CIBC), some excellent tips on investing in GTA condos the right way (thanks to coach Tim Hong), and how my client Rob Watson is cash flowing $400 more a month on his Hamilton duplex than I am.
Here is some of the feedback we received about Saturday’s meeting and thank you everyone for the kind words!
“Great experience for my first time and I will definitely be coming out again!” ~ Peter
Here’s what my friend Monica said, who is a busy mom with three young kids who could only make the VIP lunch.  She’s also an ultra successful investor:
“I’m not sure I would go again just for the lunch. Sounded like the morning session was informative and interesting. I went to see Cherry and to meet some more people. I was getting too lonely and want to broaden my investor circle. Lunch was great as an after-event of the morning session. :)”
The feedback we keep hearing over and over again is the desire for more networking, and I am no different. I’m lucky to personally benefit from high level master minding, after having researched other high level networking groups such as Joe Polish’s 25k group (which is literally $25,000 USD per year to join), Entrepreneur’s Organization ($10k/year membership, membership qualification requires $1 million in revenues), Go Bundance ($7k USD in membership fees just to join, events are extra). I’ve heard wonderful things about each of the organizations but between the cost and time commitment, it’s a bit out of reach for many, hence our Halton REI events and now the Halton REI VIP lunches.
So I hope to see you all Nov 25th for the next meeting where we will have excellent speakers, as always, in Quentin Dsouza, Andy Tran and Charles Wah. Plus networking opportunities and Halton REI membership opportunities and referral program for 2018.  Hope to see you then!

Real Estate Tip: Contractors
Is anyone else having challenges getting quick turnaround on repairs and maintenance at their properties? With the housing boom going on, contractors are becoming more and more in demand, so getting stuff done at our properties has become more and more challenging. One strategy I’m employing is to commit to my Hamilton handyman for roughly 20% of his time, like a retainer, similar how we pay property managers.  This model has worked well for me in St. Catharines, where we’ve taught our tenants to contact our contractor, Terry, directly if they need anything fixed. Terry will also quarterback repairs and maintenance should a skilled tradesperson be required e.g. gas technician, electrician, plumber etc… so I can spend more time working on the business and with my family. We will see how this goes and I’ll report back. Sources of contractors can be kijiji, referrals, or someone you already know, e.g. my landscaper who I will be giving some light reno work to do. As always, if you want a strong relationship, pay your people on time and treat them well.  I’ve already invited my duplexing team to lunch at the Keg on me when the basement is done and I’ll do it again when the next is done, and the next, and the next… No one does this and contractors love it!

The Inner Change Maker of Real Estate w/ Jay Wong

Did you know podcast listeners earn 10% more income than non-listeners? I didn’t either, until this week’s guest, Jay Wong, told me! I’m guessing there is a causality relationship from you the listener, listening to THIS podcast and going out and making more money. 🙂
Back to this week’s guest, Jay Wong, who is a real estate investor, but he’s more well known for his ultra successful, rated #1 Self-Help podcast theinnerchangemaker.com on iTunes.  I know if you’re listening, you may enjoy my podcast, however Jay gets 50-60 times as many downloads as I do so you can just imagine how good the theinnerchangemaker.com is.  Jay’s mission is to create empowering media that summarizes all of these great lessons covered in his show by other successful Changemakers, in hopes that these combined journeys will help business owners grow their business through online marketing and elevating their leadership.
If you’re a real estate entrepreneur, or an entrepreneur in general, I know you’ll find Jay’s lessons useful in helping to build your authority and raise joint venture capital.
Jay’s past guests include leading educators in self development: Bob Proctor, Grant Cardone, and Philip Mckernan.  From the feature image for this episode, you can see Jay and his podcast were featured at Toronto’s busiest intersection, Yonge and Dundas Square! Without further ado, I give you The Jay Wong.
To reach out or follow Jay:
Till next time, Just do it, I believe in you.
Erwin

Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor

 

How A Mechanic Invested in 20 Properties in TWO Years

Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!
As I was driving away from my Brazilian Jiu Jitsu class, someone pulled up next to me at a stop light. I knew something was up because I was stopped one car back from the intersection yet the driver next to my left one car length in front of him at the stop light that was currently red. I thought he was mad at me as I had earlier signaled to lane change, but I didn’t when I saw him in his Range Rover in my blind spot during my shoulder check.
I looked over and he gave me the universal hand signal to roll my window down.  I muted my audio book (“Extreme Ownership” by Jocko Willink, it’s excellent by the way) and rolled my window down, expecting some irrational anger directed my way.  Then he says “Thank you so much for your podcast, I love it and I’ll be there for the tour October 28th. Thank you again for the podcast.”
I was shocked, and I’m sure the look on my face matched my feelings. I laughed and thanked the gentleman for the kind words.
Thank you to the gentlemen in the Range Rover and thanks to you all who write in, or share your kind words with me at networking events. I hope listening to my podcast is as fun as it is interviewing these high achievers. Not the post production though – that’s not fun and it time consuming. LOL!

Making money is important and fun to spend.

For you readers and listeners, I know you and I agree, making money is an important thing to do. Money gives you options, money buys you time and freedom and it can be fun to spend.
A motto I live by is living is giving and life is about experiences and I’ll give you an example of how money can indeed buy happiness.

Photo Credit NHL.com

A friend of mine was asking for sponsorship money for the EasterSealsSkate.org where her special needs child will skate with the future 2017/18 Stanley Cup Champions, Toronto Maple Leafs if they meet their donation goal.  Sounds like a pretty amazing experience!! 5 minutes and an anonymous donation later, and done, their kid is going to skate with future hall of famers Awesome Matthews, Michal Nylander, Patrick Marleau, Mike Babcock, Morgan Rielly, the list goes on and on…

Don’t believe me? Try it. Living is giving and life is about experiences and money can indeed buy happiness.

Any rock music fans here?
On Friday night, Billy Corgan of the Smashing Pumpkins, one of the biggest rock bands of the 1990’s and early 2000’s was in town for a solo performance and it was excellent. Though Billy is socially awkward, he was his usual ornery self, lambasting fans who shouted song requests. Billy really doesn’t like being told what to do :P.  However, he was humble and grateful throughout the night and I think he wiped away a tear during a standing ovation.
His music was a big part of my teenage years and I’m loving listening to all their albums on Apple Music (subscription based music streaming and downloading).  If you know of any great concerts coming, please let me know! I’m one of those folks who is always the last to know 😛

Welcome ladies and gentlemen investors across the greatest country in the world.  My name is Erwin Szeto bringing you the Truth About Real Estate Investing show for Canadians, where it is my job to bring you experts in the world of investing.
We will learn from their experience, pick out the lessons, tips and tricks, and figure out what makes them tick so you too can replicate their success.
This week I’m excited to bring to you, all the way from Oshawa, Ontario, Ryan Carr. He is a trained Mechanic who was bitten by the entrepreneurial bug and turned to real estate. At first he renovated his own investment properties, but when he couldn’t scale himself, he hired full time contractors. If you’ve been renovating, or looking to renovate like I have, you know how hard it is to get the attention of contractors with this housing boom going on. Ryan’s solution is to hire folks full time. He’s keeping them busy as he’s purchased 20 houses in the last two years, all requiring varying degrees of renovations, including the vertical duplex split. A horizontal split would be the traditional basement apartment duplex, whereas Ryan will install a vertical wall/s to divide a property to increase cash flow by $300-500/month.  Ryan will share some tips on when to vertical split and how to source 20 properties, mostly private deals not on MLS.
This interview with Ryan was an eye opener to me, as are all of our guests, but this is the first time my podcast has been required listening for my team the Halton REI Team.
So without further ado, I give you Ryan Carr
To reach out to Ryan:
Till next time, Just do it, I believe in you.
Erwin

Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor

 

I Quit! Trading Security for Independence With Cash Flow Investing and Mindset – Rene Masse

Mission Accomplished!

300 families received Thanksgiving dinners!!

I don’t know how we did it! Actually, I do. The collective efforts of all wonderful people from the Hamilton Basket Brigade, including many of you readers and listeners and clients, who we consider our friends. Though we investors are often attacked in the media and by the government, real estate investors are generous people accounting for over 90% of our donations, so please keep being YOU. I just loved the smiling faces of both the volunteers and the recipients, greeting us with faces of surprise and gratitude. I am truly thankful for friends like you who pull this event together to make a difference, however small, to families in need.

Super Excited to Have the Mayor Volunteer to Help Out

Here is just some of the feedback we collected:

“Our family was one of the lucky groups to receive this generous basket!!!! I was in complete shock and cried after they left. I’m so grateful and will definitely be paying it forward. Thank u!!!!”

“I think my sister’s friend received one of those baskets you were talking about. I don’t know who put her name forward, but you should know that Barney is off with a cancer diagnosis and Betty is really struggling to support the family on just her income [not their real names]. I know that she was extremely grateful for the Thanksgiving dinner provided to her by strangers. Keep doing what you’re doing as it is helping so many within our community.”
Like being a landlord, operating a charity is not always easy. This week, I’m shelling out another $600 to repair a furnace on a vacant property that isn’t bringing in any rent. However, the experiences from the charity are a reminder of how petty my problems are compared to those who don’t have their health and struggle to put food on the table for their family. Again for Xmas, the Hamilton Basket Brigade will do our part, however small, to provide another 300 Christmas dinners to those without.  And I will personally deliver a Christmas basket to Barney and Betty, along with toys for each of their three children. Struggling financially is one thing, but for a child the thought of losing a parent suffering through cancer is another. Maybe we can give them at least a reprieve from reality for just one night. We will be the change come December 23rd. You can help too, by volunteering/donating here: https://www.hamiltonbasketbrigade.com/. We are capping volunteers to the first 100, in an effort to respect everyone’s time.

I Quit! Trading Security for Independence With Cash Flow Investing and Mindset – Rene Masse

This week I’m excited to bring to you, all the way from Kingston, Ontario, Rene Masse. Rene has been working with tenants for over 20 years, as he grew up sharing space with tenants in his home. Rene has invested for 10 years, having reached the significant milestone of earning $5,000 cash flow per month after six years. He did so investing only $14,000 of his own money!  That is a pretty good return on investment, considering Rene quit his teaching job after just three months, giving up the steady paycheque, summers off, pension and job security for the entrepreneurial life. This is after years of University and Teacher’s College at Queen’s University and graduating with debt!!
Rene definitely has no interest in being average, and is truly living life to his fullest, as you’ll see from the interview which went no where near what I expected. Rene also produces a series of entertaining and educational videos on the subject of real estate investing and he has extensive experience in hiring university students to work in his business and video production. He’ll share how he does it! So without further ado, I present to you, Rene Masse

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294

Google Play: http://goo.gl/CAM5Mn

On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr

Download as an MP3 by right clicking here and choosing “save as

Till next time, just do it and I believe in you!

Erwin

Hamilton, St. Catharines, Toronto Real Estate Investor

 

How a Failing Student Became a Multi-Millionaire w. Roger Auger

Hello Real Estate Investors!
Last Thursday, I had the honour of representing the HamiltonBasketBrigade.com on Cable 14’s “City Matters” to share our story of humble beginnings of plans for Roger Auger and I to deliver groceries for a Christmas dinner for three families each and now we’ve grown with YOUR HELP to provide for 300 families in need this Saturday!!
The fear of public speaking will make the top 10 list of fears for the average person and often ranks higher ahead of the fear of death.  I can relate as I still vividly remember the terror I felt having to give a 3-5 minute speech in front of my classmates in Grade 3 and then again once each year which was easily my least favourite part of school.  The feeling of dread, sweating profusely, the feeling of an expanding mass in my gut we all nicely refer to as “butterflies in the stomach” but in reality it feels more like an angry pack of dogs in the stomach… Having somewhat matured as adults doesn’t mean fears go away.  Hanging Christmas lights from my roof still scares the crap out of me but we do it anyways while putting on a brave face for my kids.  Same with my fear of public speaking.
I’ve never done live TV before so it was a nerve wracking experience but it felt easier with no audience, all of the production crew were outside the studio room so it felt more like a conversation between the host Doug Farraway and I. Doug is an excellent host and is active in community charities so we had much in common to discuss. The takeaway I do want to share is we are all afraid, I fear I overpaid for EVERY property I’ve ever bought, I fear we will fail in our mandate to help the poor but the greater good outweighs my fears hence we do it afraid anyways.

 This week I’m excited to bring to you my friend and client Roger Auger who grew up in a poor and less than ideal household in a bad part of town.  From an early age, Roger learned he had to hustle to make money to pay his parents’ mortgage because what else should a 13 year old be doing. But he struggled in school and resorted to blackmailing his high school teachers to allow him to graduate or endure another year him back.  Roger tried college but that didn’t work out but he never stopped working hard to earn enough to buy investment property.  Now at 13 properties, he’s done quite well for himself amassing considerably more wealth than many people I know with Masters degrees and on top of that, he has a heart of gold as Roger is the co-founder of the HamiltonBasketBrigade.com, wait till you hear the story about him and son Josh delivering Christmas dinners.  So without further ado, I give your Roger Auger
Email: roger@augerproperties.ca
Sorry for the interruption during the introduction, that was my daughter bursting into my office to inform me the electricians were finished installing our new hot tub.  A new hot tub paid for by one of our investment properties.  That is the dream after all, to have your assets pay for your liabilities.  If you enjoyed the show, please click subscribe and I really appreciate 5 star reviews on iTunes.  I read every comment and and grateful for all the fans of the show, thank you for the kind words from everyone who has left reviews or emailed me. If you’d like new episodes delivered to your email as soon as they are available, simply go to http://www.truthaboutrealestateinvesting.ca/ and type in your email address. Till next time. Just do it! And I believe in you.
Erwin

Creating a Pension in 4 Years vs 40 Years

Hello Investors!!

While behind the scenes, we had some bumps along the way but we couldn’t be happier with the result of the inaugural Halton Real Estate Investors Group meeting this past Saturday. Even the weather wanted to compete with us for attendees with the sunny skies and 30+ degree weather yet almost 80, fully caffeinated, keen and alert real estate investors packed our room at Sheridan College and I couldn’t be more grateful for your support.

halton real estate investing class

 

 

 

Keynote speaker Donato Cascioli shared some very personal stories on how he overcame adversity as a poor student and college drop out to become the highly successful land developer that he is today. For the last three weeks, I’ve been updating my vision board. I’m collecting images of stuffs using the Google, using a collage app on my mac called CollageIt 3, then I’ll put it on USB to print at Staples and laminate to put on my wall near my bed so I see it before bed and when I wake. This was a tip I picked up from Daymond John of Shark Tank. If you heard how powerful goal setting was for Donato than I’m sure you’re doing the same.

Thank you everyone for the feedback, I read it all and am grateful to for the friends and team members who presented on Saturday. One attendee emailed me this morning, “I really enjoyed the Halton REI club meeting this weekend. So much amazing info. I’m also an avid listener and fan of the podcast. Great job! I love your market and economics based approach.”

Thank to Coaches Tim and Erika for sharing whats happening in target investment markets from Mississauga to Niagara. Thank you to our sponsors Auger Properties and Alan Lo of Pinnacle Wealth Brokers.


Creating a Pension in 4 Years vs 40 Years

This week I’m excited to bring to you my friend and client Kaush Nanubhai (pronounced Koh-shh Na-new-bye) who started off buying condos in downtown Toronto as a young professional Accountant as he described buying a condo better use of his disposable income than drinking and partying.  Many years later and having bigger goals in mind including more income and improved lifestyle, he’s now built himself a sizeable portfolio now at 11 investment properties, acquiring eight of them in the last four years with plans and joint venture partners for many more.  Learn about what Kaush wishes he could go back and do over, what drives an already successful professional like Kaush to do even more, how he’s created more time for what’s important, time with family and taking care of his health.  Kaush invests in student rentals and legal basement suites in Hamilton, St Catharines, Welland, and Niagara On the Lake.
Links to stuffs mentioned
Action Taker Program: https://durhamrei.com/coaching/ (I’ve checked with Quentin, he has room for one so if you need an introduction please let me know)
Halton REI (Erwin’s networking group) www.HaltonREI.ca

To get in touch with Kaush, email is best: knanubhai@gmail.com

I’d like to say thanks again to Kaush for taking time out of his busy schedule to hang out and talk to us, and to welcome you all back from the summer (the season, not the weather).  If you enjoyed the show, please let me know and I really appreciate 5 star reviews on iTunes or Google Play or Stitcher.  I read every comment and and grateful for all the fans of the show, thank you for the kind words who have already posted. If you’d like to be notified of new episodes in your email, simply go to http://www.truthaboutrealestateinvesting.ca/ and type in your email address.

Till next time. Just do it! And I believe in you.

~Erwin Szeto

Real Estate Developer Charles Wah Update

Hello Real Estate Investors!

Clockwise from Top left: Akon inviting the ladies to dance on stage, Danielle Laporte, Lewis Howes, Naveen Jain, Simon Sinek, Jason Gaignard of Mastermind Talks and I, Daymond John, Nicole Arbour

What a great weekend at the Archangel Summit!! They describe themselves as “An annual gathering of mission-driven entrepreneurs, leaders, and professionals who want to do well by doing good. 100% of the proceeds will be gifted forward to The Archangel Fund, which is used to provide micro-loans and donations to entrepreneurs and charities making the world a better place.” A business conference with a conscience.

Basically, it was a conference with speakers who help entrepreneurs and they have a social conscience. In my (Erwin) own small way, I try to do the same by giving back to the community (by the way, HamiltonBasketBrigade.com is in action again Oct 7th, delivery 300 Thanksgiving dinners to the poor). Keynote speakers include Daymond John, you know him from the TV Reality Show “Shark Tank,” and founder of the clothing brand FUBU (if you or your kids like hip hop, you know the brand); best selling author Simon Sinek, recording artist Akon, Danielle Laporte who Oprah is big fan of. Anyways, the Sony Centre was packed with 2,000 like minded folks, entrepreneurs who want to change the world for the better. After a summer of vacation, enjoying the family, letting my restrictive diet slip a bit… it’s summer, I see ice cream, I eat ice cream; same goes with burgers on a bun :). Archangel was the perfect ra ra event to get fired up again to close out 2017 on a high! On our latest podcast episode, Charles Wah and I recount our takeaways from Archangel 2017 and if you enjoy these types of events, then you’ll want to have a listen.


This week I’m excited to bring to you the return of Charles Wah, you might remember him from our land development interview six months ago and he’s fresh off the set of Scott McGilvray’s newest show to give you all an update on his land development projects and the new investments and building development projects he has on the go.  We’ll take a sneak peak at the behind the scenes of HGTV’s biggest star, how Charles spends his off time, and we will share our thought’s and lessons from the phenomenal Archangel Summit. It was so good, we already purchased our VIP tickets for the Archangel Summit in September 2018.  You want to know WHY this super successful and very young investor does what he does? Then have a listen….
Want to meet Charles and The Most Successful Investor I know?
Then register for the Halton Real Estate Investors Group Meeting Sept 23rd, Sheridan College Conference Centre here: http://www.haltonrei.ca/event-schedule/