If you follow the real estate news in Canada on paid and free sources as much as I do, then you will have already heard of my guest this week, Ron Butler, who started in the Mortgage Brokering business just after the housing crash happened in the late 1980s and his company Butler Mortgage is one of the largest Mortgage Brokerages in Canada.
Ron is known as the Angry Mortgage guy. His podcast is literally called Angry Mortgage, where he rips on all the things wrong about real estate in Canada on both his podcast and to his 56,000 Twitter followers, where he has no filter, so I’ll warn you now: there is some adult language not appropriate for the young ones during our episode.
Ron is also a regular expert who is regularly interviewed on pretty much all the major mainstream news outlets.
He’s here today to give you an insider’s view on why this current housing market is different than the crash of the late 80s, who’s actually buying real estate today, advice to young people who don’t have rich parents, how he called my strategy of buying houses for my kids a sickness and ridiculous.
But before we get to Ron, I hope you’re all having a great summer and getting ready for an opportunistic fall/winter! For buyers, this will be as good as it gets before rates peak and the rhetoric from the Bank of Canada is paused and rate cuts.
For sellers, the smart, motivated, those who cannot hold on for the next year or two while rates are higher. They will successfully exit or be stuck holding the bag until spring.
I’ll be sharing more of my research, what our clients and I are investing in, including the stocks I’m buying on the cheap if there’s interest at the September iWIN Meeting Tuesday night, September 19th, for those interested in the truth about what successful, everyday investors are doing with their investments.
We have a big-time developer sharing how they can still make money in this market, how folks can participate in the development and building of preconstruction without having to take possession of a property because personally, I wouldn’t want to own, rent out, pay out of my pocket massive negative cash flow.
I’d rather make money alongside the developer and only risk my investment. Unfortunately, some preconstruction investors do not realize they can lose more than their investment if the property drops more in value than their deposit.
If you’re already on our email newsletter, you’ll see we’ve already announced the event and how to register. If you’d like to be on our email newsletter like the over 10,000+ iWinningest investors in Canada are already receiving to gain that information advantage, go to www.truthaboutrealestateinvesting.ca to stay connected, and be informed as a sophisticated investor should.
There’s a right way to use leverage and a wrong way, and if you don’t believe me, you can hear it from the biggest real estate bear I know personally in this week’s guest, the Angry Mortgage Broker, 30+ year mortgage veteran Ron Butler.
Again, a warning: the language used by Ron to express his opinions is not appropriate for those easily offended, nor children, and they are Ron’s opinions, not mine nor that of any of my businesses.
If you do offend easily, please skip this episode.
In seeking any truth, getting opinions from several expert sources is ideal.
Please enjoy the show.
This episode is brought to you by me! We don’t have sponsors for this show. I only share with you services owned by my wife Cherry and me. Real estate investing is a staple in my life and 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 be able to afford a home when they grow up. If you, too, are interested in my systematic strategy to implement the #1 investment strategy, the same one pretty much all my guests are doing themselves, then go visit www.infinitywealth.ca/events and register for our next FREE Online Training Class. We will be back in person once legally allowed to do so, but for now, we are 100% virtual.
No need for you to reinvent the wheel; we have our system down pat. Again that’s www.infinitywealth.ca/events and register for the FREE Online Training Class.
HELP US OUT!
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 email@example.com.
I hope to meet you at one of our meetups soon.
Again that’s firstname.lastname@example.org
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 email@example.com.
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.
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.