Wealth Hacker – The Origin Story of Erwin Szeto

Hello and welcome to the Oliver Manalese show with your guest Erwin Szeto. LOL.

This episode is something different.  My old friend, Oliver Manalese, one of the most successful rent to own investors I know, asked me to be his first return guest on his show.  Oliver is a good guy. His business is to coach people through their problems, many self inflicted. I joked with Oliver when booking our interview,  “You’d be losing you S&$% with me if I was your client!” I know my coach already is. LOL.

Anyway, the tables are turned today. Oliver has known me for years, since 2008’ish, so it’s cool to be interviewed by an old friend who will ask those next level deep questions.

Without further ado, I give you some guy. He’s a husband and dad trying to figure out the most efficient path to financial peace and to make his kids proud.

Website: https://olivermanalese.com/2019/10/09/wealth-hacker/?fbclid=IwAR0aQqSU-zVVRnnsnAp6eW9irCLGDPLsHOckWVMIFlcOXHMx6sagG9VjhUk

Subscribe on Android

To follow Erwin:

Website: http://www.wealthhacker.ca promo code for 10% off thetruth

Facebook: https://www.facebook.com/erwin.szeto

Instagram: https://www.instagram.com/erwinszeto/

LinkedIn: https://www.linkedin.com/in/erwinszeto/

Charity: https://www.hamiltonbasketbrigade.com

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

Hello Wealth Hackers!!

Welcome to the Truth About Real Estate Show!!

If you’ve ever felt like an underdog or that project or investment you wanted to start looks insurmountable then please just think of this podcast.

Everyone and everything starts from the bottom. If you did me the displeasure of listening to the first few episodes of this show, you know how bad it was.  I was nervous as heck, I spent hours to prepare and produce the show as part of a six episode experiment. I stuttered more than usual.

I like to experiment or test, so if a project fails, you move on to the next thing. Learn lessons, and move forward. I knew from the beginning that I wouldn’t be the most well spoken host. Our music is, well, something I put together on GarageBand. Our audio quality wouldn’t be the best, as my guests are hundreds if not thousands of kilometers away and driving is just a time vampire.

I’m not sure what happened in the last month, but we’ve had an overwhelming inflow of positive feedback.  Shout out to Jody Fleck, your email still makes me smile. I’m happy to hear you connected with Anna Moore, who is a past guest of this show, and are doing amazing things in affordable housing for retirees.

This morning, I checked our reviews of this podcast as a barometer, as I’m updating our Marketing from time to time, and in the whole world of business podcasts on iTunes, this little podcast that could is ranked 88th.  Lucky number 88. A podcast with a niche of investing and for Canadians.

Want to know the crazy part? There are only three Canadian Business Podcast ahead of the Truth About Real Estate Investing, including the CBC who has a lot more funding than I do. LOL. None of the three are about real estate, so I’m just speechless.

Please do keep sending in your feedback, it does help me guide where we go with the show.

One consistent feedback we have been getting is how we much truth we are sharing on this show about failures, especially mine. I’ve shared how I’m selling my AirBnb as it doesn’t generate enough income above and beyond a long term rental. Before that, it was a student rental, but that didn’t work out thanks to a student tenant who was just a nightmare.

I’ve said it from the beginning, this is the Truth About Real Estate. It’s not always perfect and many influencers out there do have an agenda to promote their businesses. As marketers, they don’t want to share the scary parts and there isn’t really enough time for it in our format. 

However, as the host of this show, I have a lot more talk time. To make it easy on myself, I speak off the cuff, unrehearsed, just telling it like it is.

In case you missed it, the property I offered for short term rental, didn’t work out for me, hence I’m selling it to do some stocks with a goal to earn higher cash flow returns like my friend, Adriano,  who is also my electrician from Etobicoke. He earned $120,000, or 30% returns, in his first year as a stock hacker.  I can’t thank Adriano enough for getting me off my ass to believe I could be an option trader too and he is the guest of this week’s show!

How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

Adriano is a wealth hacker. He operates a six figure business, owns a mid sized apartment building, plus three other investment properties, and he’s a six figure stock hacker.

Adriano is also only a few years away from joining Canada’s top 1% of income earners.

Let that sink in. Someone whose formal education is Electrician college and he will out earn 99 out of 100 Canadians.  I want the same as Adriano, hence I’m selling one of my ten properties to fund this investment strategy. Call it diversity, call it a cash flow play, I just want another six figure stream of income.

Adriano is mentored by Omar Khan and Matthew Todman, both past guest of this show from a 2-3 weeks ago. If you haven’t already, have a listen to those episodes after this one.

If you’d like to take a deeper dive, you will want to see Matthew and Omar present on Nov 9th at the Wealth Hacker Conference where we have some of the world’s leading experts on growing a business, investing in real estate and stocks. Our keynote speaker is Grant Cardone who also has multiple streams of income totaling over $100 million in revenues and his real estate company manages 1.2 billion of real estate.

As a special bonus to fans of this show and those interested in learning how to hack stocks like Adriano the electrician, use the promo code STOCK when buying your ticket and we will send you an exclusive video of a private presentation Omar and Matthew and Adriano did for my members-only iWIN group.  All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter STOCK.

Or use the direct link in the show notes: 

Link: https://wealthhacker.eventbrite.ca?discount=stock 

If you don’t like stocks, that’s OK, I didn’t either. I was almost wiped out in 2008 with my stocks. The truth is, I chose very young companies, highly speculative ones that didn’t pay dividends. Now I only want to own the cream of the crop of blue chip companies with decades of track record paying dividends. Only boring stocks for me as I despise speculation and gambling.

Subscribe on Android

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Selling My AirBnb To Fund My Stock Hacking & the Rent to Own Queen Rachel Oliver

Hello Wealth Hackers!!

This is the truth about real estate show and our show title couldn’t explain better what it is we do here.

Thank you listeners and thank you guests of this show, September is a new personal best for us in downloads and our top episode is not what one would expect.  The episode with stock hacker Matthew Todman is already one of our most downloaded episodes ever and we did not spend much time talking about real estate.

Matthew is a serious real estate investor having 10 investment properties. To give that number of properties context, past guest of this show, Dion Beg, who is a mortgage specialist to investors, told me around 10% of his clientele achieve 10 or more properties. This coming from someone who only works with investors. What’s interesting is how he raised the funds for his down payments: selling stock options on safe stocks. Have a listen, as he explains it much better than I do.

Update on my Airbnb, as explained last episode, my September rents were projected to fall under that of a single family home.  Like many investors, we have lots of equity as we’ve been investing for quite some time with ten properties, so selling one in the pursuit of more cash flow is not the end of the world.

I’ve shared this story to my mastermind group with some of the top investors in Canada and at the KWCREI meetup up. Thank you Doug and Anna for having me out to share. Surprisingly, no one disagreed with my decision. Well, one friend did, but when I clarified there was not an affordable option to legalize the basement into an apartment, she agreed and now she too wants to learn more about stock hacking. LOL.

Speaking of learning, to quote Warren Buffet, the most successful investor in the world, “the more you learn, the more you earn.”  My wife, Cherry, discovered Warren’s cartoon series for kids and it’s awesome! We don’t let our kids watch much TV. It’s not the easiest, as we have to then be more active parents, but when we discovered this cartoon series by the Oracle of Omaha, we had to give it a try.


The show is called Warren Buffet’s Secret Millionaire Club and it’s all free on YouTube or its website. Link: https://www.smckids.com/ The challenge with the website is I can’t get it to broadcast from my phone to TV. How lazy does that sound?? I’ll plug in my laptop next time, as some of the ads YouTube was showing before a children’s cartoon were quite questionable: ads for upcoming horror movies… smh.

In the show, Warren leads a small group of three young people as they figure through business challenges faced by young people. The first episode is about an unsuccessful lemonade stand. Warren runs down a checklist to figure out the problem and, spoiler alert, the lemonade stand is located on a low traffic street. Warren explains why a high traffic street would produce better results.

Each episode is short. We plowed through about seven episodes, and by the time we shut off the TV, my kids were repeating the “more you learn, the more you earn” catch phrase. Most of the time, the youngest mixes it up and says the, “more you earn, the more you learn”. 🙂

Quick update from my own investing, my ugly house that I bought without seeing that got Cherry really pissed at me: today the basement is being spray foamed, so we asked the tenants to not come back until after dinner. We also had a delivery of two brand new stainless steel fridges. The delivery folks will take the doors off the fridge, but I didn’t have anyone attend the delivery to take the front door off it’s hinges. Sigh. It is what it is, so I hired my property manager to take care of the property while it’s partly vacant.

He’s also the same person leasing out the remainder of the home as a student rental, so fingers crossed we can get it fully rented to cover those steep, B lender mortgage rates! Ironically enough, Warren Buffet is a mortgage share owner of the mortgagee.

My AirBnb is being listed this week. I had two of the coaches on my team provide me what they think I should list for and, not surprisingly, they independently came up with the same number. I’m selling it furnished, which is uncommon, and I am sending in Jacqueline, the same stager who furnished the house, to add some final touches for staging.

Even I learn something new everyday. Even the nicest furnished homes require some staging, Jacqueline tells me she’ll add around 12 items: plants and decorations. I put books and plates and cups on my coffee table at home. Most people keep those spaces clear when selling, but when staging, she will decorate working surfaces. I’m such a nerd, I find this stuff fascinating. The path to success is measured in inches, not miles.

Continue to be open minded and willing to learn everyday. Having Jacqueline, my stager, go also saves me a trip :). She has a detailed eye and will let my handman know to take care of anything touch ups necessary.

Update from the stock hacker world: as my wife always tells me, I’m over thinking it. LOL. My trades continue to be good ones as I continue on a positive trend with 6% returns in about five weeks and my cash flow is now $921. I have to be assigned shares as my low risk strategy is working out. Much credit goes to my friends who are experts: Omar, Matthew and Shawn who have all been trading for 12 years. Disclaimer time: I’m not recommending, only sharing what I do. If you want advice, please seek the advice of a licensed professional.

Just yesterday, I was on a guest of a podcast showing officer Dave Knight of the 911 Wealth Network how I do a trade. From my smart phone, I sold a put on Enbridge and was paid $84 to do so. The $84 is deposited to my account, then I put my phone away. It took me less than 15 minutes. I’ll check in again in the afternoon but just to see how the market is doing, and put my phone away again.

Needless to say that’s the easiest $84 I’ve ever made in my life, and I can not wait to scale my portfolio up to earn more passive income. As an added benefit, I consulted my Accountant for the tax handling of options income and I’m quite happy with it. Please check with your Accountant. 🙂

For anyone interested in learning more about stock hacking, my expert friends Omar and Mattew and sharing this little known secret on November 9th at the www.wealthhacker.ca conference. As an added bonus, if you use the promo code “stock” we will send you an exclusive video of a private presentation Omar and Matthew did for my members only iWIN group. All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter “stock”.

Or use the direct link in the show notes:
Link: https://wealthhacker.eventbrite.ca?discount=stock

If you don’t like stock hacking, well, I was the same. Then my friend Shawn sent me a YouTube video from 2014 of Robert Kiyosaki, author of “Rich Dad, Poor Dad”, explaining how every professional investor needs to know how to sell stock options along with investing in real estate.

Here’s the link: https://www.youtube.com/watch?v=kfM_wKZ15dI

Selling My AirBnb To Fund My Stock Hacking & the Rent to Own Queen Rachel Oliver

On to this week’s show which has been a year in the making!

Rachel Oliver is an award-winning investor and co-host of Mothers of Real Estate TV Show. After 20 years in the corporate world, Rachel retired from the rat race to spend more time with her family and to invest in Rent to Own properties. Today, she is affectionately known as the “cashflow queen” because she helps investors profit with Rent to Own properties — without the headaches of being a landlord. She is also the author of an Amazon best-selling book, Rent to Own Essential Guide for Homebuyers. Together with her husband (Mr. No), Rachel owns and operates Clover Properties, one of the most reputable Rent to Own companies in Ontario. Connect with Rachel at Rachel@RethinkRentals.com

Host notes: pay special attention to husband Mr. NO, Neil Oliver’s, role and how Rachel gets her leads, and their qualifying criteria. The Oliver’s are extremely good at what they do.

Subscribe on Android

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. 

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. 

If this interests you, go to www.wealthhacker.ca/stock 

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

Hello fellow Wealth Hackers!!

Many of you have been following my AirBnb and Stock Investing journey and one has come to a conclusion. I’ve failed in one while the other is prospering.

I invested roughly $10,000 in each as a test and the results are in.

I’m selling my house that I AirBnb’d while freeing up capital to fund my stock investing account.

Why? Real estate is best, right? Monopoly is won by owning not selling right?

My advice to clients is to not sell unless they have a better opportunity for their capital, and I think I’ve found mine.

Now that the summer is over, my projected rental income of my short term rental has fallen below that of a single family rental after costs of operating each. With short term rentals, I have many more operating expenses: special insurance, lawn care and snow removal, property management, utilities, internet. The cleaning costs are a wash as the guests pay for that.

In the end, I am very overweight in real estate and am pursuing more cash flow. After reading and being a part of Omar and Matthew’s Stock Hacker Academy and trading, seeing how my old real estate friends who do stocks as a side hustle are earning 30-40% year to date, I’m interested in taking stock investing further. 

In my first month as at time of this recording, my return on investment is 4.9% and I’ve collected 7.6% in cash. That’s gross and not annualized. With this virtually unknown strategy, I’m getting paid to own blue chips stocks at prices I want. I get paid up front too. 

My account started with $10,000, if I closed my positions right now, and I can with a click of a button, I would have $493 in my account in just one month. My goal was 2% a month.  

Disclaimer time. The past does not project the future, I’m not an expert, I’m not licensed to give advice, this is not advice. Go get advice from experts which I am not, this is simply me sharing the truth about real estate investing. My personal truth is I’m earning more cash flow as a percentage of my investment than I do on my AirBnb. Cash flow is the original reasons I got into real estate and cash flow will always be your gateway to freedom.

I’m not giving up on real estate. This is just us selling one of our ten houses, specifically the house that provides the least cash flow, with a bunch of capital tied up that I can’t access via refinance.

This is a personal decision where my goal is to create an additional stream of income like my friend Adriano the electrician from Toronto.  He is the same electrician who rewired my house to replace the knob and tube wiring in the house I’m selling and check out what he has to say

If you’re interested in learning more, Omar and Matthew, the expert stock investors I’m learning from, have their only planned public appearance for the remainder of 2019 at the Nov 9th Wealth Hacker Conference. Many of you are asking for more information since their podcasts came out, so I am giving it to you.

Go to www.wealthhacker.ca, after you click on the green button that says ‘Tickets’ there is a promo code hyperlink in the top left. Click that and enter the word “Stock” 

With the stock promo code, you save 10% off your ticket price and we will send you an exclusive 1 hour training video that is only available to my private iWIN membership group.  No one outside the group has seen this video.

In it, Adriano the electrician shares his experience. Omar and Matthew share how the strategy works as much as they can in one hour. 

If you are prolific in stocks as in you already have your 10,000 hours of experience and mastered stocks, you will be able to watch, listen and walk away being able to practice the same strategy.

If you’re low on stocks and options education and experience like Adriano and myself, you should take a course. Investing in stocks can be risky, everyone knows that, it’s why I only invest with blue chip stocks that pay dividends. I like my investments boring and predictable, but I’m honestly very excited to add another six figure income stream in only 30 mins per day, I just wish I started sooner.

Again if you want the exclusive, one hour instructional video, go to www.wealthhacker.ca, promo code “stock”, or use the link in the show notes at www.truthaboutrealestateinvesting.ca

Link: https://wealthhacker.eventbrite.ca?discount=stock 

The next LIVE Stock Hacker Academy course will be announced on Nov 9th at the Wealth Hacker Conference. Those in attendance will get first crack at the limited number of tickets at the best prices before we offer them to the public.

If you’re interested in the most effective strategies that you can apply right away that will 10X your wealth in stocks, business, and real estate, you want to be here. Nov 9th. Wealthhacker.ca promo code “stock”.  Promotion ends Sunday Oct 6th.

Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

On to this week’s show!

This week’s guest is a real estate investor who received media attention east of Toronto.

Alex Kouramanis is real estate investor from Toronto, specializing in the Wholesale and Flipping strategies in markets throughout Ontario. He has been investing for over 6 years, with the last 2 years being full time. In addition to investing, he is an online educator on Udemy and Skillshare, teaching Real Estate Investment, Negotiation and Personal Finance. Alex also co-hosts the monthly meetup TREIA, the Toronto Real Estate Investors Association with his friend and partner Luc Boiron.

Subscribe on Android

To follow Alex:

Instagram: https://www.instagram.com/treetop_residential

Facebook: https://www.facebook.com/alex.kouramanis

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions, so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Until next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Investing In Multi Family Residential Without Competition Because No One Else Wants It with Christian Szpilfogel

Hello Wealth Hackers!!

I hope you are all healthy and wealthy, growing and taking care of all aspects of your lives. It’s great so many of you are looking to 10X your businesses and investments, but don’t forget to 10X your relationships and personal life.  Eat well, exercise regularly, because being rich doesn’t mean anything without friends and family to enjoy it with. That is what being a wealth hacker is all about. That and taking the most efficient path as possible towards your goals.  

Thank for you all for sending in messages about how much you’re enjoying the podcast!! My favourite place to read your positive comments is as a five star review on iTunes. As we approach being eight weeks out from the Nov 9th Wealth Hacker Conference we are experiencing what is called crunch time. All the comments about how much the podcast has helped listeners improve their lives is very heartening during this stressful period.

What has also come with receiving all this attention is requests for my help either via my time, mentorship, free passes to the Wealth Hacker Conference, etc….

More than ever I’m receiving requests. Just recently a gentlemen reached out, out of the blue, and asked for free passes as they don’t have the money. I get not having money, like many of you I graduated university with $30,000 of student debt. I would have never thought of spending more money I didn’t have for an event.  In hindsight, I wish I did. I could have just borrowed from my dad and I could have 10X-ed my progress, but that’s how hindsight goes.

I feel bad for the guy as I have a lot of empathy for people, but for anyone who’s read the book “Win Friends and Influence People” by Dale Carnegie, one does not immediately go in for “the sale.”  Instead one should provide assistance to the person whose attention you seek. With the internet and social media these days, one doesn’t have to do much.

Why not share my ads on Facebook or Instagram? Why not email one’s friends telling them they should go to my event? Why not even participate in one of the promotions I have in giving away a VIP ticket that includes a private and exclusive lunch, plus a separate meet and greet with Grant Cardone?  How about just liking one of my posts?

Nope, nothing. I even gave the gentleman a promo code to sell ten tickets and I’d give him one for free.  His reply was “thank you”, and that’s all I’ve heard or seen.

I recently read an article that interviewed a financial planner for wealthy families who specifically dealt with young people ages 15-25.  In her experience, if the parents paid for all their university, the kids would perform very poorly compared to kids who had to shoulder some of the financial responsibility.  Her suggestion was the child pay for year 1, parents cover the rest.

Same idea here, I don’t believe in giving things away for free. Those who pay, pay attention. The more skin one has in the game, the more serious they will be. Even for an event where we are attempting to change peoples’ lives.  

For anyone who hasn’t bought their ticket yet, come to learn strategies from the most successful wealth builders that will guarantee you to 10x your wealth, 10x your income, and 10x your life.  We have a jammed packed lineup of world class speakers who have already 10X-ed and want the same for you. Seats are extremely limited and this event will sell out.

As an added bonus, 10% of profits from the event go to support the Basket Brigade Charity, providing the most vulnerable local families warm clothing, daily essentials, and food. “Be the change you want to see in the world” ~Mahatma Gandhi

If you need more convincing, use my promo code thetruth to save 10% off.

www.wealthhacker.ca 

Nov 9th. Toronto Congress Center

The networking alone will be worth with folks like this week’s guest who bought a premium ticket and is coming all the way from Ottawa Ontario.

Investing In Multi Family Residential Without Competition Because No One Else Wants It with Christian Szpilfogel

Link to FB Post

https://www.facebook.com/erwin.szeto/posts/10162284775485313

“Christian Szpilfogel started as a hobby investor in 2005 in the Ottawa area and, with Chaunei Chan, converted the hobby into a full time business in 2017. Originally they would acquire cash-flowing Multi Unit Residential (MUR) buildings and ride the market, but this has been refined into a more focused forced-appreciation strategy, including MUR renovations, expansions and new builds. Their early days taught them the basics of property management and as their portfolio grew they have become much more sophisticated in the management of their properties and the more intricate aspects of tenant management, especially when they pick up distressed assets with troubled tenancies. They have applied a number sophisticated methods in property acquisition, advanced financing and credit techniques, property management and tenant management. While they predominantly focus on MURs they also have about 25% of their holdings in commercial units. Christian enjoys giving back to the community and is an active participant in various landlord support and networking groups.”

Subscribe on Android

To connect with Christian:

Web: http://www.aliferous.ca

FB: https://www.facebook.com/AliferousGroup

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions, so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Until next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Trading Stock Options For Downpayments on 30+ Properties with Omar Khan

Hello Wealth Hackers and welcome to another episode of the Truth About Real Estate!!

The point of this podcast is for successful investors, primarily in real estate to share their stories and tactical advice on how to be successful.

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🐂Sold out two times the Stock Hacker Academy hosted by iWIN. We had to add a whole room as demand well exceeded the seats we had planned. Weekend boot camp to teach fundamentals of stock options was a success. Feedback was excellent and personally, as a student myself just learning, I haven’t been this excited about an income replacement opportunity since 2008. 🐻We had four of Omar’s past students share their past returns using this virtually unknown strategy to earn six figures in 30 mins per day from a smartphone. I can not wait to increase the funding of my account and made another trade today to sell a naked put on Microsoft. 📈What’s more amazing is I know what the chart is telling me, where to set my strike price, my delta and theta. I know most reading this have no idea what I’m talking about but I didn’t either 48 hours ago. Couldn’t have done without these guys. Thank you to all the attendees, volunteers and members of Trader’s Paradise who shared their experience!!! Our next event is the Wealth Hacker Conference Nov 9th! Stock (equities/options) is one of the three tried and true pillars of building wealth. We have expert secrets being shared on growing a business and of course real estate!!

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I’m getting a lot of messages. Thank you to everyone who wrote in, about Matthew Todman, our guest from two weeks ago. He was also on the Facebook Live I did with Omar Khan, who is this week’s guest. They are both real estate investors owning 10 and 30+ investment properties respectively, but they’re here sharing how the earned six figures a year, in only 30 minutes per day, from their smartphones, by trading stock options.

More importantly, using this virtually unknown strategy they consider to be low risk is how they raised the majority of the down payments for their investment properties.

That’s what lead them to be invited on this show. Raising down payments is possibly the #1 question I’m asked by listeners of this podcast, especially you younger listeners. I am bringing you an alternative means to earn passive income and invest to create more down payments for investment in real estate. Most of what is taught out there is to raise the funds with other people’s money via private money or joint venture, often offering half the ownership in the property. That all works too. Here is just another option (no pun intended), plus I believe we could all use more cash flow and I’m a big believer in multiple streams of income.

I know some of you hard core real estate, anti-stocks folks may disagree, but keep an open mind. Here’s a message from a friend of the show, super successful real estate investor, and one of the most successful people I know personally. He’s written three books on the subject of real estate, I own and recommend them all. His episode Double Your Income is the #2 downloaded episode on this podcast  and his name is Quentin Desouza, and here’s what he has to say:

Trading Stock Options For Downpayments on 30+ Properties with Omar Khan

Omar is the co-founder of Theta Trading Corporation and an accomplished stock options investor. He left his corporate day job in 2012 to be a full time investor in both real estate and stock options. Omar Khan’s day job is spending 20-30 minutes a day trading options, yielding him six figures annually in cash flow from his smartphone. This income formed the bulk source for Omar’s down payments to acquire 30+ properties for 100+ doors. 

Disclaimer: This service is provided to you for informational purposes only and is not investment advice to you or any other person. We are describing the investments we have made for ourselves and is reflective of our own circumstances. Your circumstances are different and any discussion here is not intended to be and must not be considered to be a recommendation for you to make the same investment(s). Consult an adviser or dealer licensed in your jurisdiction before making any investment decision.

This past weekend was the inaugural Stock Hacker Academy and I am personally excited to apply what I feel is a low risk strategy I’d never learnt before.

With that out of the way, I give you Omar Khan.

Subscribe on Android

To follow Omar:

Instagram: https://www.instagram.com/thetatrading

Derek Foster on “The Hour”: https://www.youtube.com/watch?v=mq1mkP7tLqY

For anyone interested in seeing a live and in person presentation on how Matthew and Omar from Mississauga, Ontario earn six figures in only 30 minutes per day trading stock options from their smartphone, their next public is on November 9th at the Wealth Hacker Conference at Toronto Congress Center.  Do yourself a favour and save $40-50 by purchasing your ticket today as we have already sold out two blocks of tickets and raised prices three times. www.wealthhacker.ca

Your promo code as a fan of this show is thetruth one word. Please write that down: wealthhacker.ca promo code thetruth one word.

Stocks is one of the three pillars to building wealth, you don’t want to miss this opportunity to gain a new skill. Get your tickets today and save money before the next price increase. 

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions, so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Until next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Mini Retirements, Mini Hotels, Rental Hacking With Sve Pavic

👨‍🏫👩‍🎓Yay!! It’s back to school and back to work!! Cherry and I dropped off our kids this morning to no tears and no clinging. Maybe the kids already know everything and don’t need us anymore 🤣🤣.  For my youngest, it’s his first day of real school. No more pre-school at a public school. Yes, I said public school. For a lot of you wealth hackers out there, I know for you it’s private school or bust. I know a lot of non wealth hackers who feel the same and pay for private school using their job income.

There’s nothing wrong with that, it’s a choice. I prefer to rely more on my wife and I to educate our kids in business and investing, you know, stuff not taught in public or private school, that could very well provide higher return. We are raising wealth hackers. Kids who are independent and have control of their destiny. Control also means financial security, so I’m going to make sure they can live free of student debt, rent free, and free of mortgage debt. They won’t live lavishly, I’m talking about starter homes for them, whether it be in Toronto or Vancouver. Maybe a two bedroom. 🙂

Speaking of Toronto, here’s the latest on rents in Toronto. Cherry was surfing Facebook marketplace last night and found a modern, downtown condo offering 1 bedroom and 1 bathroom for $1,600. Wow! Great deal, right? Then you read the description, the offering is actually a bedroom with ensuite bathroom in a 1 bedroom plus den and two full bathrooms. This landlord is going to gross around $3,000 per month!!

Creative business, yes. Much cheaper than a regular, one bedroom apartment but, damn, this is what the world is coming to and to me the choice is would I rather be the landlord or the tenant? The same applies for would I want my kid or my mom and dad to pay that sort of rent, or would I prefer to collect those rents wherever I choose to invest?

It really is a choice and a matter of courage that decides which side you’re on. Even if you don’t have the down payment today, I’ve been there, and made the decision to invest in myself to earn more job income to save more and  improve my credit.  Have the courage to push harder because no one is going to do it for you…. Unless you’re my kid, then I’ll help push a little. 🙂

Many of you have been asking about my AirBnb progress.  The Summer was amazing!! September, not so much, so we are already exploring options for a furnished rental.  After speaking to my friend, Roger, we believe a furnished rental to young professionals by the room would provide the optimal return while minimizing risks. This is not a condemnation of short-term rentals but rather my formula is not providing desired results.

I pay a property manager a well deserved 20%. We outsource cleaning and pretty much everything else, but the investment will go negative cash flow if September and other months continue like this.

Not to say all short term rentals are bad. iWIN members in same city are having success and together we’ll be sharing at the September iWIN meeting, so iWIN members may learn the latest best practices on a newer strategy.

Speaking of newer test-strategies, we are dropping knowledge bombs at the November 9th Wealth Hacker Conference, all day at the Toronto Congress Centre. 

At the Wealth Hacker Conference on Nov 9th in Toronto, considering the line up of experts we have, I would expect all attendees to have more than one takeaway and one connection made.  If you’re looking to start or build a business, you need to be there. We have expert speakers sharing how they started a business literally sitting on the floor of their garage and grew it to eight figures and Profit 500 THREE times in a row. 

If you want to level up your real estate investing or buy your first investment, you need to be here. The window of opportunity is shrinking and you want to know the best strategies to cash flow and capitalize before it’s too late.  

If you want to learn how to hack stock investing by selling options to make six figures in 30 minutes per day, you need to be at the Wealth Hacker Conference.

If you want to bring it all together and hear it from one of the top coaches in all of North America. All successful people have coaches, if you want to 10X, you want to hear what MaryAnne Gillespie has to say.

Finally, if you want to preserve your money so you minimize your taxes, maximize incentives to keep as much money as possible for your retirement, family and favourite charities, you will want to be at the Wealth Hacker Conference.

No matter where you are in your career: job, self employed, entrepreneur, investor – you will walk away armed with more knowledge to 10X your results.

www.wealthhacker.ca

Mini Retirements, Mini Hotels, Rental Hacking With Sve Pavic

Speaking of short term rentals, Mr Sve Pavic uses AirBnb as part of his repertoire in his rental hacking.  He is the CEO of RentalHacker.com and LUX Rentals.

Sve’s a young man who’s already spent an extended period of time in Costa Rica with wife and young daughter while operating his rental portfolio from there.  What’s interesting about Sve’s story is how he’s implemented several strategies: rooming house, AirBnb, legal suites, mini hotel… and he’s getting great rent by pushing the envelope with just a small number of properties. I think Sve’s story should give a lot of young people and those just starting out a lot of hope. Plus his use of automation in his management is impressive. Get those pens and notepads ready! Without further ado, I give you Sve Pavic

Subscribe on Android

To connect with Sve:

Web: https://www.rentalhacking.com
Facebook page: https://www.facebook.com/RentalHacking/
Facebook group: https://www.facebook.com/groups/rentalhacking/

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Till next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

How To Earn Six Figures 30 minutes Per Day to Buy 10 Houses with Matthew Todman, CA, CPA, CFA

Have you met David Chung?

My friend Rebecca posted an article from the CBC on her Facebook how a 15 year old from Hamilton suddenly lost his dad to Cancer and how this past June, at the age of 17, David organized an event called Foundations of Finance for local teens. It is a free event with lunch included with a budget of $2,000 that he didn’t have. Luckily sponsors picked up the tab.

One of my favourite lessons from best selling author Tim Ferris is his management of information: you take in information and you decide whether or not to do something about it. I decided to do something about this. I posted on Facebook and tagged folks from Hamilton and educators in Hamilton, to ask if anyone could connect me to David.

My friend Diana sent me David’s linkedIn… Yeah, at 17 he has a linkedIn profile and we connected. That was three weeks ago and since then David has attended two iWIN events. Our free training for how to make six figures in 30 minutes per day hacking stock options, and our monthly iWIN meeting where our expert speakers covered recent economics, the building permit process, when and how to separate utilities when renovating for basement suites (legal landmines when closing a sale of a property with existing tenants), and basic stock option, win/win strategies and what to do when your stock price declines.

David and his best friend and his ride, Arul, loved the meetings. They’re 17. Think back to when you were 17 and think about what options were presented to you for building wealth. If you go to my personal Facebook, search Erwin Szeto, I posed the question, “What advice would you give your 17 year old self?” Mine was quit being so self conscious, no one is looking, put down the potato chips, and do some Crossfit.

This past Friday, I picked up a new lawn mower from Home Depot to drop off at my tenant’s apartment.  My wife, Cherry, want to come along too. She called it a date night. What I failed to mention was that I invited young David to come along to see two of our properties: a legal duplex and a student rental. David of course had a million questions, which is great, as they are a reminder that I need to finish recording my online training videos for our wealth hacker academy that we will make available to iWIN members.

A lot of you listeners are successful and will be successful, and I’m honoured you’re listening to my show.  Here’s a simple request: because you are successful, it is your duty to share how to be successful with those who want it.

With incomes stagnant, rents and housing prices going up, utility prices going up… what’s not going up? It’s all getting harder and it’s up to the successful to give back. And there’s cases like David and his family. What’s your legacy? iWIN members today are acquiring cash flowing assets, in the form of houses, to leave to their families. Anyone can do it. For many of you, you’re like David and simply need to be taught how.

This is why my wife Cherry and I started iWIN and the Wealth Hacker Conference, to arm more people with the tools to take care of their own finances the most efficient ways possible. How to create more value at your job so you earn more, how to grow your business, stock option hacking, and of course the best practices when it comes to the #1 asset class: investment real estate. 

Prices are going up after Labour day. Tuesday Sept 3rd, end of day to be exact. So use my promo code thetruth and share it with anyone you know who needs more financial stability in life or who’s trying to go to the next level. We honestly have master class education for beginners to experts, no matter what industry you’re in.

Promo code thetruth at www.wealthhacker.ca. Again prices are going up Tuesday Sept 3rd, end of day.

How To Earn Six Figures 30 minutes Per Day to Buy 10 Houses with Matthew Todman, CA, CPA, CFA

On to this week’s guest, who is a legit wealth hacker, in Matthew Todman, CA, CPA, CFA, Co-Founder Theta Trading Corporation, private option trader for the last 12 years, and one of our speakers this Nov 9th at the Wealth Hacker Conference. 

He owns 10 houses and generates about $500 per day from selling stock options.

When I first learnt about stock option investing, Matthew’s business partner, Omar, told me to read two books. I crushed them in two weeks and that was two years ago, then did nothing. LOL. I only recently started trading.  Then I found out Matthew and Omar taught my electrician, Adriano, to trade and he earned six figures in his first 12 months of actually trading. I say actually trading because Adriano, before starting trading, waited THREE years to start and needless to say, we both left money on the table. 

So if you think you can or can’t invest in stock options, you’re right. Know that Adriano the electrician himself says he has zero financial background. He just wanted to create a retirement bad enough to put in the time to learn.

Here is some standard legalese: This recording is provided to you for informational purposes only and is not investment advice to you or any other person. We are describing the investments we have made for ourselves and is reflective of our own circumstances. Your circumstances are different and any discussion here is not intended to be and must not be considered to be a recommendation for you to make the same investment(s). Consult an adviser or dealer licensed in your jurisdiction before making any investment decision.

With that out of the way, I give you wealth hacker, Matthew Todman.

Subscribe on Android

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Till next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

The Future of Blockchain in Real Estate Ryan Poole

My apologies in advance for how many times I say the word “fascinating” in chatting with Ryan Poole who’s company, Real Trade, is coming out with a real estate listings service like MLS on a Blockchain platform.

But before I go there, for those following my story, I made it back in one piece from a bachelor party in Cancun, Mexico. I signed a non disclosure agreement, so not much to share, but I will share how I was getting home sick by the 4-5th day. I’ve been seeing all this talk on the social media about not buying one’s home, which only makes sense in select cases.  In Canada, the homeowner capital gains tax exemption is one of the biggest tax breaks we as Canadians will ever get, so that has to play into your consideration.

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Another simple one is, how much would it matter to you to have to move at the landlord’s whim? Like any other investor, I don’t like risk and I don’t like the risk of having a landlord or their family member wanting to move back and displacing me and my family from our home.

All you parents out there know how we will do anything for our kids, and I am extremely worried for young people with the state of our housing market. Too much demand from immigration, not enough supply with all the rising costs to build, combined with anti densification sentiment among municipal governments.

Is it out of the question for the cost of a house to double between now and 18 years from now? My real estate investing is not just for investment, but as a hedge in case housing prices get out of control, and I definitely think there is a chance of that happening.

We have hundreds of investor clients whose homes in the GTA worked out as great investments, and then they turned their home equity into 1-5 investment properties and from there, those original investments grew in equity for downpayments for even more investment properties. It’s tough to argue with that track record. Plus, if you own your home, you get to put down roots and enjoy it at the same time.

One still needs to wear their investor hat when choosing a home. I’ve told many not to buy where they want to live. Eg. condos without great transit in Toronto. Instead rent and buy a house just outside the GTA.  I have a family member who did just that. They rent on the east side of Toronto where the landlord deals with negative cash flow while my family member owns two investment properties just outside the city that do cash flow. It’s tough to argue with that logic too.

So remember, buy smart, even for your own home. Consider, would you have any problem renting out your home to pay the bills or part of your home on AirBnb? Vacancy rates are at historic lows where we invest and rents are up 10% over last year. 

Finally, my wife and I plan on leaving our current home to our kids, should they want to live there, and start a family with no mortgage payments. If I were a tenant, I guess I could sublet to my kids so they could take advantage of rent control, but it’s not quite the same. Plus my house could easily have a basement apartment, which was a major consideration when we bought it. In my opinion, your home is an investment if you make it one.

On a side note, I did something on social media that you’re not supposed to do. I replied to a hater’s comment. LOL.

He wrote on my facebook, “Dude my parents did not have as much money as you to give me for Real Estate investing 

Sorry dude I ain’t a rich cbc.”

CBC is short for Canadian born Chinese.

My reply was “dude, my dad came to Canada at 18, youngest of six kids, barely spoke english, my parents had three mortgages on one house, my mom rented out rooms and cooked for people in our home to make ends meet. I graduated university 30k in debt. We started from the bottom now we’re here. 

Your parents might not have been rich so it’s on you if you want your kids to come from a rich family.”

He goes to accuse me to teaching get rich quick schemes. We go on and exchange for a bit, then I click to add him as a friend. He accepts and is of course bewildered, asking if i’m trying to kill a hater with kindness. 

We get chatting, he’s a recent grad living in a small bachelor apartment with precarious income and $45,000 of student debt. I let him know, this is why I worry for my kids, to which he completely agrees. Our first agreement, he actually writes “kids without money are F*&#ed”, hence the reasons I’m trying to get the message out there via this podcast, my email list, my social media, our iWIN membership, and of course the Nov 9th Wealth Hacker Conference.

The hater asks if I have it good now to which I reply, “not when I was your age. lived at home with $30,000 in debt. unemployed for almost 12 months. first job was 35k salary.”

Now I have his respect that I wasn’t handed anything. Then I invited him to this month’s iWIN meeting as my guest, because I think he needs help and a change of scenery. He suggests I give the ticket to someone who could actually be our real estate client as he can’t. I explain that I’m in this business to help people. Don’t care about your net worth. I only care that you leave that meeting having learnt one thing or making one contact that moves you forward.

At the Wealth Hacker Conference on Nov 9th in Toronto, considering the line up of experts we have, I would expect all attendees to have more than one takeaway and one connection made.  If you’re looking to start or build a business, you need to be here. If you want to level up your real estate investing or buy your first investment, you need to be here. If you want to learn how to hack stock investing buy selling options to make six figures in 30 minutes per day, you need to be at the Wealth Hacker Conference.

Even all you haters out there. LOL.

www.wealthhacker.ca

As a listener of this show I have a discount code for you for 10% off. Code is thetruth – that’s it. One word. Do note, prices are going up immediately following labour day weekend and we are almost sold out of the coveted VIP tickets that include a meet and greet with Grant Cardone.

Speaking of Grant, here he is speaking of one of the truths about money..

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On to this week’s guest!

Just wow, my mind is blown. I was introduced to Ryan Poole, Founder of Real Trade, after I posted on Facebook in search of an expert on BlockChain and real estate. And what do you know, Ryan’s Major Goal: To combine blockchain technology with real estate to revolutionize the real estate industry for the better. He’s rolling it out in phases, including a globalized version of the MLS using Blockchain technology, and a later phase for a Blockchain based currency called The Real to buy and sell real estate, including fractional ownership of real estate. I’m probably not explaining it right, so listen closely to how Ryan explains it.

This is a very fascinating conversation, I promise you.  Ryan is also a friend to Canadians, as he helps Canadians buy real estate in Florida. We even chat about the best places for a vacation home, and how to finance it as I know you big time listeners can afford vacation property either now or in the near future. 🙂

Subscribe on Android

To follow Ryan:

Real Trade (start by reading the one pager): http://realtrade.io/
Linkedin: linkedin.com/in/ryan-poole-0b50b9162
FB https://www.facebook.com/RyanPooleFCL/
If you’re interested in Florida Real Estate: https://rsiasset.com/team/ryan-poole/

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Till next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor

W: erwinzeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

New Investor at Age 24, Working 3 Jobs, Lessons Learnt Buying First Property, Importance of Network and REI Friends with Joseph Costanza

Hello fellow wealth hackers!! How do you convince someone to invest in real estate? This was a question I was asked while on a podcast, which caught me off guard, as I generally don’t try to convince anyone actively. I don’t tell someone to their face they should invest in real estate, but maybe I […]