Apartment Buildings, Alberta Investing, Oil Price Predictions with Pierre-Paul Turgeon

Happy Lunar New Year to everyone celebrating and Kung Hei Fat Choy to my fellow Chinese! I wish you all a prosperous year and good health!!

 
 
 
 
 
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Shout out to my friends who made their way to Florida, where they could live their lives on their terms. Although we may not agree on everything, I still love it here in Canada, despite its many imperfections. I feel bad for them and their loss of personal freedoms.

My empathy list is long – Front line health care workers, truckers facing a loss of employment, teachers, police, victims of racism, etc. Unfortunately, I can’t do something about ALL of them; hence my charity, Hamilton Basket Brigade, is focused on children living in poverty in Hamilton, ON. 

My point is I’ve chosen to do something about a cause that’s important to me. No different than my friends moving themselves and their families to where they may live their life on their terms. Like my friend Rob Break who was on this show a few weeks ago, moved to Costa Rica.

Don’t like something? Do something about it – preferably morally and ethically correct. If the cause isn’t worth the time and energy, invest your time and energy into something productive.

Cherry and I also enjoy guiding hard-working Canadians, showing them practical, repeatable methods to create wealth. Hence, we’ll continue to educate ourselves so we may share with all of you.

For example, with cash flow harder than ever to achieve, Cherry and I started Stock Hacker Academy consisting of beginner, intermediate and advanced courses.  

As part of the beginners’ course, our students receive the transactions our instructor does. In reviewing the performance in 2021, 30 out of 31 were profitable, annualized cash on cash return of 12% using an ultra-conservative strategy.  

This is exactly what I wanted for our beginner students!

Stock Hacking, to me, is the same as private lending is in real estate. Consistent cash flows, except I don’t private lend, there’s too much administration, due diligence, and too many stories of deals going sideways than I’d like. Plus, I’d like something more liquid and diversified from real estate. The funny thing is, even with my Stock Hacking, I’m investing in real estate companies like McDonald’s, EXP Realty and AirBNB. LOL.

As always, none of this is advice, I’m just sharing what I’m doing, and past does not predict the future. For advice, please seek professional advice from a financial advisor. One that makes people rich preferably. If you know one, please let me know!

If you don’t, maybe you’d like to check out my free demonstration on stock hacking, a more detailed version of the demo I gave my kid cousin, a music teacher who returned over 50% last year! 

If you’re interested in a free demonstration, go to www.stockhackeracademy.ca in the top right, click FREE DEMO. I’ll have special bonuses at the demo that we do not advertise publicly. 

See you there! 

Apartment Buildings, Alberta Investing, Oil Price Predictions with Pierre-Paul Turgeon

On to this week’s show.

As always, we do our best from time to time to bring you leading authorities in investing… Today, I wanted someone to talk about investing in Alberta who also invests in apartment buildings.  

My guest on the show is Pierre Paul Turgeon, and he has 160 doors valued at over $22 million. Pierre-Paul is a former CMHC underwriter, so he was the financial expert who reviewed the financials for apartment buildings and apartment building investors to decide if CMHC would insure the mortgage.

Pierre-Paul is very knowledgeable, and he doesn’t pull any punches today, so apologies in advance to anyone he offends. He shares:

  • Where his research went wrong before the most recent oil crash
  • The challenges of operating apartment buildings during those times
  • Where the oil, Alberta, apartment building market is going
  • The silver lining of a major fire in one of his apartment buildings where his daughter lived
  • How he’s renovating for the new wave of tenants moving into Alberta.

Pierre-Paul has many tips, so listen closely if this subject interests you. Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow Pierre-Paul Turgeon:

Web: www.multifamilyinvestingcanada.com

Facebook: https://www.facebook.com/MultifamilyInvestingCanada

Email: Support@multifamilyinvestingcanada.com

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Quitting the Bank to Start Lendcity Mortgages With Real Estate Investor Scott Dillingham

Hello, my fellow wealth hackers!

Welcome to the Truth About Real Estate Investing Show, where we interview action takers and experts so we may learn their best practices and, as hard-working Canadians, apply them to our investments, businesses and lives.

 
 
 
 
 
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We don’t have sponsors for this show, so I only share services offered by my wife Cherry and me.  For example,  Stock Hacker Academy, where everyday real estate investors learn the best practices in stock investing to earn cash flow in about 15-30 mins per day from their mobile phones. 

After real estate, Stock Hacking is the next best hustle, as you’ve heard from many past guests on this show.

Last year, we shared 31 trades among our students; 30 were profitable. Punch the numbers, and that’s over 96% success rate translating into a return on capital of over 12%. 

I will be giving FREE virtual demonstrations similar to the one I gave my kid cousin – a full-time musician who just made a 50% return in 2021.  

Past, of course, does not predict the future, but if you’d like a free demonstration, go to www.stockhackeracademy.ca and click the FREE Demo button in the top right. I’ll have special bonuses that we do not advertise publicly but only for my favourite podcast listeners at the demonstration. 

I only have one more demo to give in the next few weeks, so don’t delay; go to www.stockhackeracademy.ca for what I consider the future of side hustles with real estate so unaffordable for many.  

I’m hearing about a couple of problems in the private lending world. I don’t have details, so I’m not naming names, but a local securities regulator has ordered a real estate investing company in central Canada to cease trading.

Out of curiosity, I checked out their Instagram. I could see how their posts would raise red flags for a securities regulator as they were telling folks interested in investing in their projects to contact them.

Very sad, and this is just one of many data points I have that support investing for yourself in your own name or, better yet, a corporation you own and control is the best investment.  

I’m not opposed to investing in passive investments managed by someone else; I’m just not willing to invest nearly as much.  

I currently only invest in two passive, private equities using registered funds, as my research tells me they’re best in that class.  Both are registered with our local securities commission, so, unfortunately, I can’t talk about them, but happy to refer you to them. One private equity is a young apartment building trust, while the other is large-scale real estate developments.

Just reach out to me at iwin@infinitywealth.ca, and I’ll be glad to connect you. 

On the personal side, Cherry, the kids and I are enjoying the outdoors skiing because those activities are still legal, lol.  We skied Mansfield Ski Club, which was awesome.  The lineups were small compared to public ski places.  After lunch, we skied down the more challenging runs, right up to the chair lift without lining up.

What’s crazy is my kids 6 and 8 were able to keep up doing snowplows down black diamonds. It’s not even funny how much better skiers they are at their age than Cherry or I was at that age. They just have no fear!

We have put them through some lessons and a ski camp, and we’ll invest in them the same for their investing and entrepreneurship education. Hopefully, they will also be able to attack those areas with no fear.

The ski lessons are paying off, so I selfishly can enjoy skiing more by not having to wait around; I’m able to go pretty much as fast as I want.

We hit the figure-eight ice surface at Humber College in Etobicoke on Sunday. I highly recommend it for anyone looking to skate.  It’s busy, but the conditions are pretty good, and I find it less chaotic than those small ice pads.  

The kids did ok. They fell a lot, but I use the saying from Batman Begins – The first good Batman movie with Christian Bale where Batman’s dad says, “why do we fall? So we can learn to pick ourselves back up.”

LOL – I realize I’m not that creative, no different from my investing. It’s all quite systematic and mostly disciplined. So hopefully, owning Tesla shares works out.

I’m a geek, too, as I’ve repeated the Marlon Brandon speech in Superman when he played Jorel, father to Kal-El, aka Superman, to my own kids.  I’ll let you google that one 😉. 

Quitting the Bank to Start Lendcity Mortgages With Real Estate Investor Scott Dillingham

On to this week’s guest Scott Dillingham, formerly the #2 Mortgage Broker in all of Canada for one of the big banks. 

Scott shares how the investor mortgage programs changed almost overnight at the bank, the deterioration of his health. Everything combined led to his exit to start Lendcity Mortgages, an independent mortgage brokerage with investor-friendly lender relationships, including corporations and even commercial lending on single-family rentals.

Scott has grown his business pretty quickly with almost 30 staff, including a commercial lending department. He also has a sizable real estate portfolio, so he knows firsthand what we investors go through, and he’s a great guy for being one of our top donors to the Hamilton Basket Brigade.

Scott shares his predictions for interest rates in 2022, fixed or variable rate mortgages, where he’s investing in the US.

Please enjoy the show!

 

Marlon Brando’s speech: “You will travel far, my little Kal-El. But we will never leave you… even in the face of our death. The richness of our lives shall be yours. All that I have, all that I’ve learned, everything I feel… all this, and more, I… I bequeath you, my son. You will carry me inside you, all the days of your life. You will make my strength your own and see my life through your eyes, as your life will be seen through mine. The son becomes the father, and the father the son. This is all I… all I can send you, Kal-El.”

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow Scott and Lendcity Mortgages:

Web: https://lendcity.ca/

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

Facebook: https://www.facebook.com/LendCity/

 

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Meeting In Miami, Building A Full Time Real Estate Partnership With Stephen Jones & Don Lewis

Hello, my fellow Wealth Hackers! 

Hopefully, you’re all dug out of the snowstorm or staying warm wherever you are 🙂.

I’ve pinged my friends who made their way down to Florida, and we’ll check in with them to see how things are going looking for investments down there.

Cherry and I are not that ambitious. Our investment strategy is to stay within an hour’s drive from home and all of our incredible power team and contractors’ service.

The truth about my experience in hacking wealth creation centers around real estate as the main course – Buy and hold real estate. 

Side dishes to this meal include using corporations to invest in real estate. All the successful people I know do the same to reduce taxes, transfer assets to kids, and lower liability from potential lawsuits.

Real estate investing is a staple in my life that has allowed me to build wealth and, more importantly, achieve financial peace about the future… knowing our retirement is taken care of and my kids will afford a home when they grow up. 

 
 
 
 
 
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The real estate investing systems we practice and help clients implement consist of all the best practices we have accumulated over the years… Over 40+ properties since 2005 for me.

Sprinkle in the tips and lessons from guests of this podcast and all the masterminding I do. Add to that the strong working relationship of contractors and trades on the ground, we can make any beginner successful!

If you are interested in my systematic strategy to implement the #1 investment strategy, the same one pretty much all my guests are doing themselves, then visit www.infinitywealth.ca/events and register for our next FREE Online Training Class.  

You should register for this class ASAP because demand is STILL extremely strong, both from buyers and tenants. 

We just had a three-bedroom, one-bath main floor apartment become available in Hamilton.  The tenant was only there 2-3 years, and the new market rent is 30% higher. How’s that for inflation?!

But it’s never all sunshine and rainbows…  A house I renovated to make the basement a permitted apartment, the floor was already installed when we bought it in 2017, but the floor drain was covered. 

Now there is water coming, so my contractor has to drill holes in the flooring to find it. After that, my Service Line Warranty will hopefully take care of the rest. 

I pay a monthly fee of about $25 per month to warrant all the water and sewer lines on the property (Shout out Service Line Warranties of Canada). Worst case, we will have to install a sump pump for around $3,000, but that shouldn’t be necessary as we checked, and none of the neighbours have one. I’ll keep you all posted on how it goes.

As I said earlier, there’s no need for you to reinvent the wheel. We have our system down pat. Just go to www.infinitywealth.ca/events and register for the FREE Online Training Class.

Another growing side dish for many folks is Bitcoin, which outperformed both Toronto and Vancouver real estate in 2021.  

Personally, and for many in our Stock Hacker Academy community, we are using Stock Hacking strategies on Bitcoin-related stocks along with household brand name companies like Microsoft, Disney and Boeing. 

This includes strategies that can do done in a TFSA. It’s a good thing to earn more money tax-free.

After real estate, Stock Hacking is the next best hustle, as you’ve heard from many past guests on this show. Among our students last year, 31 trades were shared with them. 30 were profitable for an over 96% success rate. 

I will be giving FREE virtual demonstrations, similar to the one I gave my kid cousin, a full-time musician who just made a 50% return in 2021.  

Past, of course, does not predict the future but if you’d like a free demonstration, go to www.stockhackeracademy.ca in the top right click FREE Demo.  

At the demonstration, I’ll have special bonuses that we do not advertise publicly; and I only have two more demos to give in the next few weeks. Don’t delay www.stockhackeracademy.ca. Stock Hacking is what I consider the future of side hustles with real estate so unaffordable for many.

About that snow ❄️…

To the best of my memory, that’s the most I’ve ever shovelled in one day.  The kids tried to help; my son was better than my daughter.  

My daughter gave up pretty quickly after getting snow in her boot and going back inside.  My son moved some snow around, but he’s only six, so I don’t expect much. 

He earned $4 for his efforts, but my daughter wanted to get paid $4 too. So Cherry tells our daughter she can have $2 because she didn’t shovel as much as her brother.

Our daughter was not happy, but that’s the lesson, those who put in the effort get rewarded. I’m not raising a child who expects handouts.  Hopefully, she’s learned her lesson, but we’ll keep trying if she hasn’t.

On to this week’s show!

Meeting In Miami, Building A Full Time Real Estate Partnership With Stephen Jones & Don Lewis

Today’s show is a treat for me as I haven’t seen Stephen Jones and Don Lewis in ages. 

We all got to know each other on a fabled trip down to Miami, Florida, for a conference in early 2019. Not much has changed since then 😊.

Don and his brother, Rick Lewis, went from running a renovation company to a real estate company renovating their own properties.  They have projects and wholesaling on the go all over southern Ontario, and together they own Tridium Corp. Pay particular attention to how Don and Rick complement each other.

Then there’s Stephen Jones, who’s also well-known in the Durham investor and Keyspire communities. He’s both a successful Realtor and real estate investor and owner of Bluelinerealestategroup.com.

This was another fun episode for me to record, and it’s really cool to see how these three, including Rick, work together after meeting one another inside my Airbnb in Miami just three years ago.  

Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow Stephen Jones:

Web: http://residential.bluelinerealestategroup.com/agents/

 

To Follow Don & Rick Lewis:

Web: https://www.tridium.ca/lewis-brothers-properties

 

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Moving, Flipping, AirBnb, & Investing in Costa Rica w/ Rob Break

Hello, my fellow wealth hackers! I hope everyone is doing well.

Sorry if you are having a tough time with the latest lockdowns. I know it sucks, but I’d say we’re much better off than 12 months ago.

As hard as it is to not place blame against the government or science or big pharma or XYZ group, I choose to blame the virus for all the challenges we currently face. A stupid faceless virus that’s part of nature ‘doing its thing’. 

Then I give up being angry as I cannot influence what a virus does other than getting my shots; Cherry and I got boosted already, kids will have their 2nd shot soon enough.

 
 
 
 
 
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Getting angry is precisely what the mainstream media wants you to do and exactly what I teach my kids not to do…  to control their emotions. I know my energy is better spent doing more to support my family and community.

Recently, the kids and I started an online Jiu-Jitsu program. If you didn’t already know, jiu-jitsu is widely considered the most effective self-defence martial arts. We were all in jiu-jitsu, but I got injured, and our club temporarily shut down.  We then pivoted to kickboxing as that sport is also practical and can be done safely.

Gracie Games is the program’s name, and it’s super cheap at USD 70. The kids and I watch video instructions and demonstrations, pause the video then practice what we just watched. The parent’s job is to play the villain, I’m the joker, and the kids are ‘Spider Kids’. LOL

Today we covered double leg takedowns. So basically, my kids now know how to tackle me and pin me down. My kids are still at an age where they like hanging out with me, so I’ll enjoy this while I can 😊

Lockdown or no lockdown, I wanted the kids to practice and learn some jiu-jitsu at home to accelerate their progress in class when their club reopens, hopefully, next month.

Our kids have also been in online one on one virtual tutoring with Kumon since the schools closed to in-person classes.  My daughter is in grade 2 public school and doing division with remainders in her tutoring.  My son in grade 1 is adding double-digit numbers together.  The investment into English has paid off as well as the kids love reading and going to the library twice per week to sign out seven or eight books each time.

As much as the pandemic isn’t fun, I know it could be worse, like 12 months ago. Also, like our employee in the Philippines who still doesn’t have water, electricity or internet after the worst hurricane in history hit them. 

In that context, life is pretty good in comparison.  Plus, my optimism is that the pandemic will end in a couple of months. 

On a more positive note, our new office renovation continues. It’s essentially a cosmetic project but involves a new ceiling, new bathroom, rejigging to make more “phone booths,” a private meeting room for folks to conduct zoom or phone meetings.

Looking back to 2021, we invested around 80% into real estate that we control, personally or through a corporation Cherry, and I own, 20% into Stock Hacking, Crypto, RSP/TFSA’s for real estate developments.

I share because I always find it interesting to learn how others allocate their capital across investments. In addition, it tells me about their investor profile and where they see opportunities.

For example, I speak to many non-investors who think it’s too late to invest in real estate.

I share with them we just bought two duplexes and plan to buy one per year as long as it makes sense.  When I explain to them how Canada just broke a record in executing their plan to allow 401,000 new immigrants to Canada in a pandemic, an over 1% growth this year with plans for another 400,000+ for the next few years… Some of them will need a place to live, and nothing is being built fast enough to do anything about it.  That and no one is building any more land.

If you too want to learn the best practices on investing in real estate… practices that my team and I learnt from this show, coaching hundreds of investors execute successfully… then, you don’t want to miss our free training on the number investment strategy in real estate right now.  Just go to www.infinitywealth.ca/ to register.

If you’re looking for a new side hustle in 2022 that produces cash flow and can be done from your phone, well FYI, the trades shared with our Stock Hackers in 2021 had an over 95% success rate of profitable trades.  For those interested in a free demonstration, a more advanced one that I gave my kid cousin who returned 50% in 2021, go to www.stockhackeracademy.ca and register for the next free class. All virtual and, of course, past results do not predict the future.

On to this week’s show!

Moving, Flipping, AirBnb, & Investing in Costa Rica w/ Rob Break

We have an action taker who didn’t like the lockdowns and restrictions, so he sold his house in Oshawa, Ontario and moved the whole family to Costa Rica permanently.

Today we have the famous Rob Break of the Breakthrough Real Estate Investing podcast since 2014. He’s a real estate investor, entrepreneur, licensed real estate professional in Ontario and Costa Rica.  He’s done wholesaling, flipping, ‘buy and hold’, student rentals, duplexes, buy, renovate, rent, refinance and repeats, aka BRRRRs in Durham Ontario and now Costa Rica.

Rob and I have been friends for years, even before he joined Rock Star Real Estate Brokerage years ago.  He’s since left, but we stay in touch, and I finally got him back to give us all an update on investing and living somewhere where the winters aren’t trying to kill you lol.

Rob shares about flipping in Costa Rica, why he chose the coastal village of Playa Potrero to buy a house and settle…  How his boys are adjusting to new surroundings and private school, opportunities for short-term rentals, renovation projects, and what the numbers look like.

As this show is about the truths around real estate investing, Rob being a good guy, shares his honest opinion on where to best invest for return on investment.

For aspiring podcasters and Realtors, I also ask Rob what he’d do differently if he could do it all over again. Pay attention to this one.

Side note: Maybe one of our real estate friends will be kind enough to organize a meetup in Costa Rica so we investors may all have a working vacation :).

I had a great time catching up with Rob Break, and I hope you enjoy this episode as much as I did!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

Subscribe on Android

To Follow Rob:

Podcast: https://breakthroughreipodcast.ca/

Email: rob@mrbreakthrough.ca

IG: https://www.instagram.com/rob.break

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Retired, Financially Independent at 32, 1.2M Podcast Downloads With Kornel Szrejber

Happy new year once again, my fellow wealth hackers! 

One of the nice things about the holidays has been the time and space to talk to my wife Cherry about our future, vacation plans, and investments.

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Erwin Szeto (@erwinszeto)

The year has been a good one for us hence our record donation to the Hamilton Basket Brigade, and we still have some cash left over to contribute to RSP’s: retirement savings plans. 

I’m splitting mine roughly 50/50, half to invest in a land development deal in the northeast greater Toronto area projecting triple-digit returns in just over 5 years.  The minimum investment is $25,000 Canadian, and this is the same investment opportunity I mentioned two weeks ago.

Feel free to email iwin@infinitywealth.ca if you are interested in investing as well.  

At iWIN, we receive an allocation, as in, a share of the project to offer to clients as developers like working with our referrals.  As a bonus, whoever invests in any of their projects receives friends and family access on their pre-construction deals.

I mention this because a few of our clients, including James “Money Baggs” Maggs, took advantage by buying a condo apartment in Liberty Village at a discount… And we all know how investors love discounts!

The other half of my RSPs will go towards my Stock Hacking account as I’ll add to my crypto positions in companies related to Bitcoin and cryptos.  

Last night, a friend asked me why I don’t just buy and hold cryptos. I responded that I buy and hold real estate because it’s not volatile, and when it is, it goes up. Bitcoin and Ethereum, however, go up and down in wild swings. By Stock Hacking, I get paid for volatility which I like, on stocks that own crypto, so I want to own them. 

Make complete sense?  If NO, that’s ok. All learning is a journey, and I offer FREE training on Stock Hacking which can be applied to blue-chip companies like Disney or magic internet money like Bitcoin.  www.stockhackeracademy.ca is the link, just click on FREE DEMO in the top right or tell your friends who could use more cash flow in their lives.

Retired, Financially Independent at 32, 1.2M Podcast Downloads With Kornel Szrejber

On to this week’s show with Kornel Szrejber!!

Financial Freedom or Independence or Security or whatever your goals are, there are many ways to get there.

I personally think having your home paid off and one paid-off investment property would be life-changing for many. Of course, having ten paid-off investment properties would be even more so… but not everyone is that ambitious; some folks are good at living a frugal lifestyle.  

The two people I met who I considered financially free before the real estate boom were frugal people. 

One with a couple of Brock University student rentals, and the other owned two triplexes in Toronto and lived in one.  One drove a really old Mazda; the other didn’t even own a car.

Today we have Kornel, who has found freedom mainly through boring, buy and hold exchange-traded funds (ETFs for short).  These trade like stocks, tracking the movements of an index, sector, commodity, or fund managed by professionals.

But like many of you, he couldn’t stay retired for long and purchased a conference called The Canadian Financial Summit and made a success of it.

Not an easy feat in my experience, but it helps when one hosts a successful podcast as Kornel does. 1.2 million downloads, to be specific, and the show is called Build Wealth Canada available anywhere one listens to podcasts.  On his show, Kornel interviews finance experts for their best practices, tips and tricks for financial planning purposes.

Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow Kornel:

Podcast: BuildWealthCanada.ca

Conference: CanadianFinancialSummit.com

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Mortgages for Incorporated Properties With Andre Matos

Happy New Year, everyone!!!

For Cherry and I, 2021 was a great year. I’ll do a year in review show soon where Cherry and I share what worked and didn’t in 2021.  We’re not special, but we have experience owning a couple of seven-figure businesses and an eight-figure real estate portfolio.

We just returned from a four-day ski trip from Hidden Valley in Huntsville, ON, and it was pretty awesome!

 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Cherry Chan (@realestatetaxtips)¹

We like Hidden Valley because it’s small, which is great for the kids and Cherry as they’re learning. It’s also a bit further than the better ski hills, so the lineups for the chair lift are almost non-existent.

The kids and Cherry got lessons every day for four days because that’s what beginners should do. Beginners who don’t, well, if you’ve seen beginners at a ski hill, it’s not pretty.

One afternoon it was -7° 🥶. I might be afraid of the cold more than some, but my policy is no exposed skin when it’s that cold. 

I observed a bunch of beginners in rental equipment; they at least wore helmets but no goggles and no gloves! Yup, bare hands holding ski poles. But they were wearing Canada Goose jackets.

As my kid passed one of them, they panicked like they had seen a ghost and fell over. My kids had been in ski camp for the last four days, so they have very good control, and are comfortable skiing in close proximity.  The new guy, unfortunately not so much. 

I saw another family with their pants tucked into their ski boots with their kids. As soon as they pushed off the chalet to the chair lift, the entire family fell over. One ever resorted to trying to sit on her skis as if they were a toboggan.  She didn’t realize the skis have built-in brake technology.

Like anything new that comes with risk (physical or financial), I can’t recommend enough one take a lesson.

Cherry and I offer free training both for real estate investing and Stock Hacking. Simply go to www.iwinrealestate.ca or www.stockhackeracademy.ca.

We helped many hard-working Canadians create six and seven-figure side hustles… most of them busy parents and day jobs without ever having to fix a toilet or talk to tenants.

Register today to be invited to the next free training session!

On the investing front, we just signed a tenant for our only vacancy. We are renting out the main floor for $2,200 + hydro and basement for $1,800. That’s $4,000 per month or $48,000 per year on a legal duplex we paid in the low 800’s this past summer.  A property we purchased off one of our flipper clients.

This fill took longer than expected as the property manager didn’t have as keen an eye as I do for small details. For example, some painting was left unfinished during the renovation. The front door also needed painting. The over-the-range microwave was not installed due to a missing part. 

When showing the property, the property manager would promise prospective tenants everything would be fixed before they move in.

I’m not that patient… And because  I have to pay to finish the reno sooner or later, I’d prefer sooner if that means the vacancy is filled faster.  So, I sent my best handyman, who’s also my most expensive and responsive, to get it done.  What do you know, the vacancy filled the week after!

This is why my preference is to invest within an hour’s drive so I may personally inspect stuff once in a while.

On to this week’s show!!

Mortgages for Incorporated Properties With Andre Matos

During the pandemic, I picked up a new hobby, golf, because back then, you couldn’t see your friends or clients unless it was on a golf course.

From there, I was hooked! I personally enjoy mixing business with pleasure; playing golf, networking and doing business 🏌️🤑

One day while having dinner and drinks after golf, I had an in-depth conversation with Andre Matos. Andre is a Home Financing Advisor at Scotia Bank and a Stock Hacker Academy alumni.  

He explained the mortgage products available only directly from Scotia… including mortgages on property owned inside a corporation.

This was news to me, and I told my wife, Cherry, about it right away as we own 11 of our 12 properties inside a corporation. 

If you’re wondering if you should incorporate your investment properties, Cherry, my wife of www.realestatetaxtips.ca offers a report called “7 Questions to Ask Yourself When Deciding to Incorporate”. Get it here: https://realestatetaxtips.ca/7questionsreport/

Andre is a serious real estate investor; hence he has several mortgages in a corporation with Scotia Bank. He’s also a Stock Hacker. As you can tell from the accent, he’s an immigrant from Brazil, and he’s passionate about sharing practical advice and his experience with anyone who will listen. 

As always, this show is about experience sharing. I get nothing in return from Andre nor Scotia for having him on the show.  Nothing we discuss today is financial advice. For professional financial advice, see a financial advisor 😊

Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Connect with Andre Matos:

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

Email: andre.matos@scotiabank.com

Web: https://hfa.scotiabank.com/en/index.html?name=amatos

IG: https://www.instagram.com/andrematos.hfa/

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

How Three Guys Learnt From Each Other Over Beers In The Garage To Achieve Financial Independence

Welcome to the Erwin Szeto show, where we discuss the Truths about Real Estate Investing. 

Here, we bring you repeatable, systematic methods to invest by successful action takers like today’s guests from the FI Garage (FI is short for financial independence) who are already semi-retired and living off the proceeds of their investments.

Before we get to this week’s guests, I’d like to thank those who have left reviews, mainly on Apple iTunes. Also, thank you to everyone who messaged me with kind words. 

With it being the holidays, I’ve been asked what I’d like for Christmas. From you, the 16 listeners, nothing makes me happier than 5-star reviews, so the internet gods do their algorithm thing and make this show more visible to more everyday Canadians searching for practical means to reach financial independence.

I’ve written it down as a goal for 2022 – To grow from 16 listeners to 22 in honour of the year 2022. That’s a growth of 37.5%, which seems impossible, but many of our real estate portfolios did the same in the last year. Who knew that was possible?!

Speaking of everyday Canadians searching for financial independence, one of my old childhood friends called me this week to tell me about the revised ROI new projection on a real estate project he got into on my recommendation. I’m also in the same project. 

We’re both investing in a private equity housing development project north of the greater Toronto area, between Newmarket and Orangeville. The builder is Fengate, and they are big time. 

This is one of their best projects ever, so our results are well above average. Our revised ROI over a 9.5 year period is 819%! We’ve been in since 2015, so the payout is in 2025.

My friend regrets not putting in more money, but I did the math in my head and said, “your return is over $400,000. That has to be enough to put your two kids through university. So I think you owe me dinner, scratch that, a round of golf at Wooden Sticks.” 

My friend told me another project is coming up northeast of the GTA that he’ll be investing in. Cherry and I will invest in it too. 

If you too are interested, simply email us at iWIN@infinitywealth.ca asking about private equity real estate developments and my team, and I will point you in the right direction.

I personally only invest in two private equity funds. One is multifamily apartment buildings; the other is, as I just mentioned, real estate developments in Ontario. They’re the best I’ve found, and I use them as a baseline to compare all opportunities that come my way.

All I ask in return for my recommendations is a round of golf… Hahaha, I’m just kidding; a five-star review with what you’ve learnt from this show and telling your friends about the show is thanks enough.  

On to this week’s show!

How Three Guys Learnt From Each Other Over Beers In The Garage To Achieve Financial Independence

We have two regular guys; one is a mechanic while the other is a soon-to-be-retired Accountant. They are the hosts of the Financial Independence Garage Podcast. 

They’re both under 50 and have a lot of financial security thanks to their multiple income streams, beyond real estate and frugal lifestyles.

On this show, they share how they’ve achieved financial independence from work, sharing details of their real estate investments, including out-of-province investments, private lending, Stock Hacking, crypto, fractional real estate via Addy Invest.  They both also share lessons from investments that did not go to plan.

Quick disclaimer: We consume adult beverages containing alcohol in this episode. If that doesn’t tell you none of what we discuss is licensed financial advice, I don’t think anything will.  We are only sharing our experiences, and past, of course, does not predict the future. Unless it’s real estate which always goes up.  I’m only kidding; it only goes up most of the time 😉

Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

Where to Follow FI Garage:

Twitter: https://twitter.com/FI_Garage, https://twitter.com/FIGarage_Mech, https://twitter.com/FIGarage_Acct

Web: https://figarage.ca/

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

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Opportunities for Small/Beginner R.E. Developers with Mike Collins-Williams

All you parents with kids in school get their mid-term progress reports? We got ours two weeks ago.

I got home before Cherry, so I opened the first report for my youngest son, Bruce, and I was pleasantly surprised. He received a grading of about 50/50 between good and excellent. I was surprised because his teacher is the same as my eldest Robin had last year.

My daughter Robin loves to learn, and she’s done well in all her in-school and after-school programming. Before we moved, her original grade 1 teacher said she was a top 2 student in her class. Her kickboxing is among the best in her age group. She’s also been invited to be the subject of the gym’s video training series. 

 

 
 
 
 
 
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A post shared by Erwin Szeto (@erwinszeto)

Robin is swimming faster than kids 2-3 years older and a foot taller than her in the pool. On the first day of her lessons, her instructor walked right by her… He didn’t think such a small child would be in his class. But, after class, he shared how shocked he was by Robin’s swimming when I told him her age. She also reads a couple of library books each week, and now she’s doing division with remainders in her math.

Reading and Math have been excellent for both kids as we enrolled our kids in one-on-one tutoring. These sessions are 3x per week, and they have homework five days a week. 

It hasn’t come easy, they don’t always want to do homework, so there are a wee bit of raised voices at least once per week.

We want our kids to build habits… and learn that learning and self-development extend to outside school hours. And, in turn, outside the 9-5 workday when they grow up.

I believe people will gravitate towards whatever they are good at. So if the kids are good at school, they will enjoy school.

Anyways, back to the report cards… I opened Robin’s next, and my immediate reaction was disappointment. She was about 80/20, good to excellent.  This was well below the expectation of an Asian parent raising an overachiever.  

My first thought was what went wrong with my daughter? Then, what does this teacher know about my daughter?

A week later, we had our virtual parent-teacher meetings.

Again, Bruce’s teacher was the first to give a glowing review. Oh, I should mention my son is a bit goofy.  It’s unfair, but I often compare him to his sister. She’s an overachiever who loves to learn, read and has incredibly technical kickboxing.

At kickboxing grading before, after, and during, I coach my son to position himself, so he can always see what Robin is doing and copy her. His boxing is still sloppy: he stands with the wrong foot forward, doesn’t make fists, doesn’t look where he’s punching. You’d think it’s his first class, not someone with 18 months of training 3-4X per week.

My friend, a French teacher, shared with me how in his experience, young girls are great students. Young boys on the other hand are silly and cry when disciplined. I told him that’s exactly my son! LOL.

Back to parent/teacher interviews…

So Bruce is above my expectations, then it’s Robin’s teacher’s turn and Cherry, and I are both on. 

In our relationship, it’s my job to have difficult conversations and ask tough questions. So, I ask the teacher if they ever test the kids in English and Math. She says no, it’s all done verbally in a group setting, but my daughter is shy and doesn’t speak up. 

I tell the teacher I understand, and to provide context, I tell her how well Robin is doing in reading and math…  How we personally check their homework, how Robin knows her multiplication table 1-12, so we know exactly where she stands…

Also, how we just go off a meeting with Robin’s teacher from last year that loved her. Her previous teacher loved her even more… So with this context, I was disappointed in the progress report.

The teacher shared how disrupted the year has been with the pandemic. PLUS a small number of grade 3s were added to her class, making it a split Grade 2/3 class.

I could see the look on Cherry and the teacher’s faces… they were not comfortable with me confronting the teacher. I told the teacher I appreciated where she was coming from; I now had context for the level of information that went into the report.

I’m not criticizing the teacher or the system. I just know that my disappointment is not in my daughter… but rather, this experience reinforces my understanding that if one wants to raise world changers, it will take more than school. 

No different than those who want financial security but were not born into privilege… You’re going to have to rely on yourself, not your employer, your boss, not the government. It’s up to you! 

You are the CEO of your life! The year is almost over, and in your review of your CEO role, are you happy with the CEO’s performance? If NO, you have some hard decisions to make. 

We invited all our clients: Stock hackers, and IWIN real estate clients, to a holiday dinner. It warms my and Cherry’s heart all the thanks we received for making a major financial impact on their lives.

I had one young man tell me he could now quit his day job if he wanted to.  

Another quit his day job last year and achieved 57% returns on his stock hacking alone. PLUS his real estate is in Ontario, so it went up 30% the last year.

BTW, if you’re selling in Ontario to diversity in Alberta, for example, please let me know. Our clients are buying even into this strength as we witnessed 2-30+ offers on properties in our market.

As the new year approaches, we offer FREE training courses on real estate and Stock Hacking. You just have to register here: www.Investortraining.ca/podcast or www.stockhackeracademy.ca – Take your pick. 

Make 2022 your best year ever! I know how 2021 was for my family investments wise and I’d love the same for yours no matter how you do it. 

Quick PSA: I’ve heard from a couple of friends in eCommerce selling goods on Amazon that they are struggling and considering closing shop.  When choosing side hustles, please do your research from both the successful and the not so successful.

On to this week’s show…

Opportunities for Small/Beginner R.E. Developers with Mike Collins-Williams

We have MCW, Michael Collins Williams. He is a professional planner and the CEO of the West End Builders Association. Before that, he spent 17 years at the Ontario Home Builders Association.

He is an expert in Planning and Policy, so he knows our challenges. Today, he shares several facts and figures about what is causing the housing crisis. He also shares where the challenges and opportunities are for the everyday investor.

I follow Mike on Twitter @mikejcw and recommend all do the same.

Please enjoy the show!

 

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow MCW:

LinkedIn: https://www.linkedin.com/in/michael-collins-williams-10ab4176/?originalSubdomain=ca

Twitter: https://twitter.com/mikejcw/ and https://twitter.com/WestEndHBA

Web: https://www.westendhba.ca/

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

Fractional Real Estate For As Little As $1 With Stephen Jagger of Addy Invest

In the 1999 movie The Matrix, Morpheus gives Neo a simple choice: take the blue pill and continue living life as everyone does. Or take the red pill, and Neo goes down a different path to find out what is real.

For me, that red pill, blue pill moment was when my father-in-law introduced me to Robert Kiyosaki’s “Rich Dad Poor Dad.” I was around 25 years old. 

From there, my eyes opened to how increasing my job income meant I paid incrementally more tax. In my opinion, diverting money from government coffers to efficient charities is better for society.

One of the biggest takeaways from the book was that I had a lot more to learn… Even after spending a good sum of money, going into a $30,000 debt and investing some of my best years in formal education, including one of the top business schools in Canada.

Part of my self-development has led me to Marketing and leadership studies. This includes building solid arguments to influence our clients to invest in real estate, stock hack, whole life insurance, Bitcoin, private equities, etc.

Learning how to influence and be an influencer also showed me the dark side. As in how extremists on both left and right sides have used the same methods.

Though despicable, Hitler was a well-studied influencer. As a result, he could rally his followers and take action to kill innocent people. These people risked their own lives and the country’s well-being.

Hitler blamed a select group of people for the economic hardship of other Germans. He capitalized on Germans’ anger, hate, and resentment after the first world war. Nazi ideology centred on the belief in race science and the superiority of the Aryan race – all fake news!

As the saying goes, those who fail to learn from history are doomed to repeat it. Unfortunately, I see this going on today in politics, media, and even social media among those in the real estate investor community.

Personally, I can’t stand being misled or lied to by those who manipulate for gain and share news without fact-checking.

It’s why this podcast is the Truth About Real Estate Investing. Of course, we won’t always get it right, but we will constantly course-correct when new information is available.

If you’re looking for fearmongers, go elsewhere. But if you want facts and data about how to build your wealth efficiently and effectively, then I’ve got you covered.

It’s the right thing to do when I have a community of you, the listener and my clients whom I have a fiduciary duty to…

To provide them with the best information possible to make critical decisions. 

Why? Because many of us are betting our financial futures on being right, and in my experience, only a handful of investments work.

Many things can work, I’m looking for passive investments with efficient upside with limited downside. And I want these things for as many people as possible, especially those who have little.

Speaking of investing accessible to those with little, we have Stephen Jagger from Addy Invest.

Fractional Real Estate For As Little As $1 With Stephen Jagger of Addy Invest

Stephen Jagger is an entrepreneur, author and speaker. As co-founder and CRO of addy, he’s making real estate investment accessible to everyone!

These guys are applying technology to real estate investing to Canadians, bringing down the investment cost. So, folks can invest as little as $1 and max $1,500 per project. Yup, that’s right!

This model is very different from other private investments as Addy wants many investors. Unlike traditional investments with very few investors contributing large amounts.

It’s definitely an interesting story to follow.

Disclaimer: As always, these are investments that come with risks. There are no guarantees in life, let alone investments. Past does not predict the future, and we are here just to share experiences and what investors are up to.

Please enjoy the show!

 

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow Addy Invest:

Web: addyinvest.com

Instagram: @addyinvest

Facebook: https://www.facebook.com/addyinvest

Twitter: https://twitter.com/sjagger

 

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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

20 Hour Work Weeks, 60+ Properties, Buying Back One’s Time, Easy Flipping With Christina and Rich Danby

Christina and Rich Danby _real estate

Weekends are for family!

Cherry and I try to do all our business and invest during work hours, so we don’t take away from time with the kids.

We still work a couple of weeknights and Saturdays, but we try to limit our commitments. It’s not easy, nor cheap if you saw the size of our payroll, but it is by design. We could make more money with less staff, but we’d have to sacrifice more of our time.

This is why investing is so great. 

Our real estate portfolio is doing its thing… We plan to close on our newly acquired office space at month-end. Then, the six-figure reno begins and hopefully wraps up two months after. Otherwise, our investments are just cruising!

I was chatting with one of my earliest clients this week, and I asked them, “what if your portfolio only went up 5% per year?”

Their portfolio is worth about $9 million, so 5% is a $450,000 increase in net worth every year! Not bad, eh? 

So how hard do you have to work if your net worth goes up to mid-six figures each year? Is there a savings plan or investment strategy, or pension that comes anywhere near that? 

The truth is, these investment portfolios don’t happen overnight… Rather, it’s a collection of making the right investments over ten years. We teach all these best practices and the #1 investment strategy in our FREE Real Estate training class.

How do I know what the #1 investment strategy is?

Well, I mastermind with some of the top real estate investors in Canada. I’ve had even more of them, including best-selling authors on this podcast. Plus, my wife is the Accountant to many of those same top investors, so we know exactly what works.

If you or anyone you care about wants financial security, simply go to www.investortraining.ca/podcast and register for our next free class. 

We will share details on how to execute on the best investment properties with the least headaches… So you, too, may get back to spending more time with your family and friends.

Speaking of more family time, my old friends Rich and Christina Danby are our guests on the show.

They built up their real estate business and portfolio, so they are working way less than before… Successfully reducing their working weeks to 20-30 hours per week!

Their priorities now include spending more time on their kids’ interests… Like horseback riding, hockey, piano lessons and football.

20 Hour Work Weeks, 60+ Properties, Buying Back One’s Time, Easy Flipping With Christina and Rich Danby

On today’s show, they share how they did it: systemizing, hiring, outsourcing, and delegating to buy back their time... while still being active house flippers.

The Danby’s share their unique flipping strategy where if the renovation exceeds a $30,000 budget, they won’t do it. This is very opposite of the BRRR strategy everyone is talking about these days.

Why should you listen to them, though? 

Well, I and the Danby’s go way back, and not much has changed. 

Rich has won many awards. He’s a regular speaker at several real estate networks, and he coaches investors. He was also President of Ottawa Real Estate Investors Organization (OREIO) for a couple of years.

Together they’ve only bought 60+ properties and used every strategy under the sun! Other than real estate, they’ve also owned a Pizzeria and a staging/construction company. Christina is also a Realtor… and Rich started a painting company during the pandemic, which is in big demand these days.

Please enjoy the show.

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

APPLY HERE: https://www.infinitywealth.ca/hiring

 

Subscribe on Android

To Follow Christina:

Website:  www.christinadanby.com

Facebook:  https://www.facebook.com/Christina-Danby-Realtor

Instagram: @christinadanbyrealtor 

YouTube Channel:  https://www.youtube.com/channel/UCF_7Fkv0VzCrHfz4sXjLo2A

To Follow Rich:

Website: www.richottawainvestments.com

Website for Ottawa House Painters:  www.ottawahousepainters.com

YouTube Channel:  https://www.youtube.com/channel/UCEBSxP7KlZfB10L7HfMII8g

 

HELP US OUT!

Please help us reach new listeners on iTunes by leaving us a rating and review!
 

UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.
 
CLICK HERE to check out what’s coming up next.
 
 

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

Sponsored by:

Infinity Wealth Investment Network – 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 iwin@infinitywealth.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 and Toronto Land Development, Real Estate Investor, and soon to be builder.

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