Why would anyone want to build a $1 Million RSP?

Hello Everyone Investing in Real Estate!!
REIN’s CEO Patrick Francey asked me to be on a panel to share how investors “take it to the next level.”

My advice is nothing people haven’t heard before: find a mentor, mastermind, overcoming financing: I know folks who have gotten financing when they’ve hit a proverbial wall, thanks to our masterminding.

As with anything, talk is cheap, action is where the results lie. I have been part of several masterminds, they all tend to fail for various reasons, but usually it’s lack of commitment by members. My current mastermind group is the best one I have been a part of. The group has been meeting for a couple years with no end in sight. We talk about the business of investing (not just real estate, several members own cryptocurrency, for example) using various strategies, we talk about health and life as well. We share and we learn and we each grow and I want the same for my clients.

Thus, I am starting a small mastermind group of clients-only as a three month experiment to see if our clients get value from doing so. Considering the success and popularity of masterminds, I’m sure this will be an ongoing thing, as long as we remain organized and committed to our own goals. This should be awesome. Clients, keep an eye on your email inboxes. If the demand is there, we will host additional groups.

Why would anyone want to build a $1 Million RSP? With Kathleen Van Den Berg

It all started with an article I sent CFP, MBA Kathleen Van Den Berg, titled How to build a million dollar RRSP — it isn’t as hard to get there as you think and she corrected me in stating “I think they are asking the wrong question. Why would anyone want to build a $1M RSP?” To which I responded, I don’t know! Let’s flush it out on the podcast!! Hahaha

 

We also cover some hot topics, such as how much we need to retire, financial advice for folks at different stages of their lives, and for having trouble getting their 6th or 11th or 15th mortgage. You will want to hear about the benefits of whole life insurance, as I personally know folks who were out of credit who now have credit, thanks to a little known insurance called whole life.

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Show Notes:
web: http://www.kavwealthstrategies.com/
linkedin: https://www.linkedin.com/in/kathleen-van-den-berg-mba-cfp-clu-7b20b258/
FB: https://www.facebook.com/KAVWealthStrategies

Sponsored by:

This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at http://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!

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