If you are new to the podcast, this podcast is a truth-seeking journey with over 300 episodes, each an hour-long interview with successful investors on different investment models, sharing what it takes to make them successful, how they fail, the lessons learnt so we may all together continuously improve our own investment businesses and our lives.
On this show, we explore what makes people tick and how much time, effort and resources they must invest in order to obtain their results.
My intention is for you, the listener, to learn and find an investment model that suits your own values, style, and resources so you may model the success and avoid landmines as the pros do.
One thing I’ve noticed many beginners and some pros miss is the understanding of why one must invest in hard assets during inflationary times.
Many focus on the supply or lack of housing supply and the impossible demands on housing due to immigration. But, then, they can’t explain why housing prices have gone up so much.
One thing causing inflation is the growing money supply thanks to our government borrowing and printing money, plus low-interest rates causing banks to lend like crazy.
In the last ten years, Canada’s money supply has doubled from about 1.2 trillion dollars to 2.4 trillion, including a significant ramp-up since the pandemic started, and the money supply has not slowed down, which goes against the Bank of Canada’s raising of interest rates.
The Bank of Canada is trying to slow down inflation while the federal government continues to increase the money supply causing inflation.
As I was explaining to a room full of Toronto investors, real estate or hard assets did not increase in value, but rather when the number of dollars has doubled, it should take twice the number of dollars to buy the hard asset or a house.
Looking back ten years ago, we were buying detached houses for $290,000, which have tripled in price. Same for the St Catharines detached houses we were buying for just over $250,000, they’ve also tripled in value.
This is important information when forecasting what will happen to real estate prices in the future.
Knowing how central banks will always print more money, the housing crisis only worsens since many builders have taken the last 12 months off, and the trend is increasing immigrants each year…. Add in how interest rates have peaked or are near peak; based on economic fundamentals, it makes sense to hold or buy more quality investment properties.
Note: My and my clients’ experience of generating wealth in real estate is not the same for others.
I hosted Calgarians on this podcast last week, who shared that their market has gone up 20% over the last 17 years.
Therefore Calgary residential real estate did not even keep up with inflation, but it could be worse; Calgary commercial office has a 30% vacancy rate.
What does the future hold? Nobody knows.
As for my clients and me, we will continue to ride this trend of market appreciation in Ontario till it ends.
Investor Market Update wise, we are picking up some great deals thanks to the recent downturn, and we are well past the bottom, which I believe to be August 2022.
Last week we had a client pick up a newly renovated duplex in Kingston, Ontario, for less than the seller paid.
Unfortunately for the flipper/seller, they bought near the peak, renovated, and now sold to our client for somewhere around $150,000 less than they invested. Our client is, of course, ecstatic as she picked up a great deal that will cash flow.
Also, thanks to the downturn, we’re picking up bigger, better properties with development options thanks to Bill 23, both East and West of the GTA.
Including houses with detached garages we can convert into apartments to increase cash flow and property values. So it’s a good time to be a buyer.
If you’re interested in working with my team of professional, award-winning, investor focussed Realtors, please contact us at email@example.com.
If you’re more interested in improving your education at this time, we are hosting an iWIN MasterMind Tour East of the GTA on Saturday, June 3rd. Starting at 10 AM, we meet for coffee and networking, and then we tour houses: usually a duplex conversion and/or a garden suite or garage conversion, where we provide handouts with cash flow analysis and design drawings, then lunch at coach Steve Phillip’s commercial property where he’s renting space to two food trucks.
These events are fun-filled with networking, high-quality tactical education that I wish existed when I first started, but like I’ve been saying, it’s never been a better time to learn how to invest in real estate.
If you’re interested, do not delay, we have a hard cap of 30 attendees; half the spots are sold, the cost is $20 plus taxes and fees, which goes to our registered charity, the Hamilton Basket Brigade.
Get tickets here: https://junesst.eventbrite.ca
To stay connected and informed about our events, I can’t recommend enough that you subscribe to our free email newsletter so you don’t miss our awesome events that consistently make people rich.
$40M AUM & Starting A REIT With Peak Multifamily Investments
We have great guests who just launched their new apartment building REIT, a real estate investment trust.
If you don’t know what that is, it’s like a fund where the underlying is a bunch of apartment buildings and regular investors like you, and I can own shares in the fund to participate in the investment.
Mike Rockall and Mark Baltazar, our guests today, are the founders/owners of Peak Multifamily Investments, and I’ve known Mike a long time. We met sometime around 2010 as we were members of the same real estate investing network.
I know I talk like an old person because I am, but I knew Mike when he was still in college. Thanks to hard work, surrounding himself with go-getters, and great mentorship, he’s been full-time in apartment buildings for several years and is now co-founder of his REIT.
On the show, we discuss the journey and get a bit detailed in how and the costs to start a REIT and who they have to hire and partner with to raise capital.
We touch on securities regulations, and anyone listening who raises capital should pay special attention if you want to stay out of trouble with our securities commission.
If you’re ever looking to partner as Mike and Mark share how their partnership works, their roles and responsibilities, and how they organize their business. Of course, we break down some recent deals and discuss the makeup of their portfolio, cap rates and how they increase value.
Something I want folks to pay attention to is cash flow, and I want to thank Mike and Mark for being transparent on where the cash flow comes from, as it’s not what many people think.
You can learn more about their business, Peak Multifamily Investments, at https://peakmultifamily.ca/
As we are discussing a securitized investment, here comes the legal disclaimer.
The information and opinions expressed in this podcast are solely for educational and informational purposes and should not be considered investment advice. The hosts and guests of this podcast are not licensed financial advisors, brokers, or registered investment advisors, and their comments should not be construed as recommendations or endorsements of any specific investment, security, or strategy.
Investing involves risks, including the possible loss of principal. Therefore, before making any investment decision, you should conduct your own research and consult with a licensed financial advisor to determine the suitability of any investment for your specific financial situation and investment goals.
The hosts and guests of this podcast make no representations or warranties as to the accuracy, completeness, or timeliness of any information discussed in this podcast. The podcast is not responsible for any errors or omissions or for the results obtained from the use of this information.
Listeners are advised to use their own judgement and seek the advice of professionals before acting on any information provided in this podcast. The podcast shall not be liable for any damages, including but not limited to direct, indirect, special, or consequential damages arising out of or related to the use, inability to use, or reliance on any information provided in this podcast.
This is a really great episode for anyone interested in learning about large-scale investing, so 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 firstname.lastname@example.org.
I hope to meet you at one of our meetups soon.
Again that’s email@example.com
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 firstname.lastname@example.org.
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.