Welcome to another episode of the Truth About Real Estate Investing…

Where us lifelong learners and seekers of truth like to hang out and share about what truly works when investing and not just in real estate. 

I’m interested in all forms of predictable, repeatable investing. For example, I know many investor agents in my market promote non-conforming multi-family properties, as in, their legal use is not permitted nor grandfathered in.

I know many of these investors who got left holding the bag as city inspectors and Fire inspectors knocked on their doors and asked them to evict some tenants, hurting cashflow or redevelop the property to make the property safe.

I personally don’t want the liability should a tenant get hurt in a fire and prefer to sleep well at night, so my properties were all renovated with permits where necessary.

As I record this, we are into the first week of back to school. 

My kids are back to school as risks are low for young kids; I’m satisfied with the safety protocols by our schools. In addition, Cherry and I are fully vaccinated, so we’re as safe as it gets from being hospitalized. 

For any concerned parents like myself, news out of Denmark is that they started school last month, their R value fell to 0.7, which means the rate at which people are being infected by covid is falling, which is great news. 

Stats-wise, the Danes are 80% vaccinated; we in Ontario are 77% for those eligible. 

Denmark is dropping all covid restrictions on September 10th and fingers crossed the situation continues to improve there as then we can predict the same here in Canada. 

This news gives me peace of mind that my kids are safe and we won’t see increased restrictions.

Source: https://twitter.com/sailorrooscout/status/1435238002545119234?s=20

Ireland has a similar story, adults there are 90% fully vaccinated, and their restrictions end next month.

My prediction is our restrictions will end sometime this fall, and Cherry and I can go back to hosting as many people as we want in person at our iWIN Real Estate and Stock Hacker meetups. 

That way, we can support our community as best we can which I believe is in meeting and networking in person.

In the meantime, we’re currently allowed 25 people in person at our offices, so that’s what we’ll make do with for our monthly iWIN Real Estate meetings that will also be available, live-streamed via Zoom. 

For our October meeting, you’re stuck with me doing the keynote talk re: the cash flow quadrants by explaining the theory and then what Cherry and I have found to be the best practices of progressing from employees and self-employed to becoming business owners or investors.

If you’re on my email list, you’re already getting emails with all the dates and links to register. If you can, please choose the in-person option; we really do like networking with people in person.

If you’re not on our email list, that’s just silly. Join the tens of thousands of Canadians receiving our free newsletters at www.investortraining.ca.

From there, you can even get access to my presentation from the last Wealth Hacker Conference in front of 1,500+ for FREE. Again that’s www.investortraining.ca.

Before I forget, we just returned from a cottage we rented for a week, and I left my laptop at home. 

I had just my smartphone and still managed to Stock Hack my way to over $3,000 US in realized profits, more than enough to pay for the cottage rental costs. 😊

Past, of course, does not predict the future but if you’d like to learn more about this game-changing skill, check out my final demonstration I’ll be giving on September 23rd.

It is my final free demonstration before we deliver our Stock Hacker Academy course on Oct. 1st with best-selling authors Lee Lowell and Derek Foster. 

Hope to see you there!

Fighting for Landlord and Tenant Rights, Property Management Updates with Kayla Andrade

On to this week’s show!

This week we have the lovely Kayla Andrade; hopefully, by now, all you real estate investors know who Kayla is.

She’s been running a not-for-profit, grassroots organization called Ontario Landlord Watch to bring us landlords together to support one another, mobilize politically, inform the powers that be the challenges we small, private investors, face in creating more housing supply and better help good tenants.  

Kayla shares why her family emigrated from Newfoundland to Ontario, policy changes we landlords need to watch out for and how to escalate our problems at the Landlord Tenant Bureau.

Plus, we chat about the Landlord Credit Bureau, a service that helps tenants build their credit and hold them accountable to paying rent on time. 

If you’ve never heard of them, please check them out; these guys are a game changer!

We’ve signed up, and I wish I knew about this service years ago so we could hold those tenants who roughed up our properties accountable.

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 a couple of times as James and Tammy have.

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

To Follow Kayla:

Web: https://ontariolandlordswatch.com/

Facebook: Ontario Landlords Watch, @ontariolandlordswatchOLW

Email: OLWlandlords@gmail.com

HELP US OUT!

UPCOMING EVENTS

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

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 meaghan@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/

Yay, it’s election time!

When we get back to normal, my prediction is that once CERB ends shortly after the election, more folks will have to return to work and students over the age of 12 will return to school/university. 

Whatever folks are returning to will require almost everyone to be vaccinated against covid. 

Important side note: Pfizer received full approval from the FDA in the US, so all this talk about experimental drugs should subside.

Once we hit super high vaccination rates, hospitalizations should fall dramatically since the vaccinated make up a tiny percentage of the most important metric in the pandemic (hospitalizations, ICU). 

Then restrictions will drop, and masking will be a matter of personal preference. This is just my prediction and NOT a political statement.

Back to the election, I’ve read over each party’s platform on real estate. 

The Conservatives’ plan is better than the NDP and Liberals.  However, the big miss is that municipalities, the regions, towns and cities, control zoning and bylaws. This means they control what the developers can build.

If massive change is to happen, we need more housing supply, preferably from the private sector since our government runs big enough deficits.

I’ve travelled a lot in Asia and what do their cities all have in common?

Any major hub for people, be it transit or a shopping mall, are often combined and have a condo built on top of it and are surrounded by high-rise condos.

It’s great for walkability to be within a 15-minute walk and elevator down to shop and eat.  It’s incredible; I’ve experienced this first hand staying with Cherry’s parents in Hong Kong.

But what do I know? I’m not a politician.

Anyways, more has to be done to impose federal and provincial values of increasing housing supply at the municipal level. 

This, of course, would be unpopular for voters because who do you think voted the anti-development municipal leaders into office?

It is what it is, and Cherry and I will continue to control what we can control, teaching you all about the best practices for building wealth.

Do you know what I tell people who I haven’t spoken to for a while when they ask me, “how have you been?”

My answer is like any real estate investor or stock market investor; we have nothing to complain about.  

The real estate market is up over 30% from this time last year. My stock hacking allowed me to cash flow almost $2,000 this week while I was on vacation and exhausted from having golf four times in five days.

Life is good, and I hope the same is true for you too. 

If it isn’t, then I can’t recommend enough that you become a real estate investor and or a stock hacker. The former for building wealth, the latter for cash flow.

We offer free training for both: investortraining.ca and stockhackeracademy.ca.  

As folks get vaccinated and restrictions reduced, we’ll host more and more meetings in person.

Speaking of in-person, we are back to in-person iWIN meetings Saturday morning, September 11th. 

My team and I will share the latest real estate market prices as seen on the streets, rents, and best practices when selling an investment property.  

We had numerous clients sell recently to take massive profits, and we have stories to share.

The highly in-demand Cherry Chan of Real Estate Tax Tips will also be on hand to share best practices for bookkeeping, some vital to operating any business, including real estate.

If you’re receiving our emails, then you’ll be receiving the invites to register. We hope to see you in the real world soon!

From Homeless and 150lbs overweight to the #1 Business Coach & Iron Man Triathlete Mary-Anne Gillespie

On to this week’s guest, my very own coach for the last seven years, Mary-Anne Gillespie. 

She’s a business coach, a Realtor, a real estate investor, a cancer survivor, orphaned and homeless at the age of 16, and more recently and insanely, an Iron Man Triathlete. 

An Iron Man Triathlon is a mere 2.4 mile open water swim, 112 mile bike ride, and a marathon run of 26 miles. 

She trained and completed her first race in the middle of a pandemic at altitude in the US without her team, spouse, or anyone.

I hope you 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 a couple of times as James and Tammy have.

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

To Follow Mary-Anne Gillespie:

Web: https://www.yourgamechanger.ca/game-changer-program

Web: http://www.redapplecoaching.ca/about-me/

Instagram: https://www.instagram.com/maryanne.gillespie_coach/?hl=en

HELP US OUT!

UPCOMING EVENTS

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

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 meaghan@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/

Hello, Wealth Hackers!

I was inviting some new guests to come on the show, and how I explained what the show is about is: We are here to educate, inspire, entertain a bit, then I added, “to practice gratitude.”

In my experience and from some of the great books I’ve read, gratitude is one of the secrets to happiness. The best part is it’s totally free.  

For fans of this show, all 17-18 of you, you’ll have noticed a trend where I’ve asked guests about challenges they or their family have faced, like today’s guest Kevin. 

Kevin’s grandparents suffered through the Vietnam war when the US invaded their country (sidenote, the parallels to Afghanistan and the US pulling out are disturbing, but that’s not for this show).

Anyways, immigrants keep coming to this country as we welcome people with open arms here, and there are many parts of the world with less opportunity and freedoms than here in the greatest country in the world. 

I try to highlight this fact when interviewing our guests to help the listener understand why immigrants continue to disrupt their daily lives to move to a cold country like our own.

It’s not just immigrants coming to the golden horseshoe on Ontario, either. 

I interviewed Kayla Andrade for the podcast last week, and before moving to Cambridge, her family lived and worked in the fishing industry of Newfoundland. 

Now a quick question for you… Where are the best job opportunities in Canada?

My answer would be the Greater GTHA.

#2 KWC or Ottawa

#3 Vancouver and area

Then what? Already the drop from 1 to 2 is steep.

The Vancouver area has expensive real estate.

What’s number 4? In my opinion, there is a big drop between Vancouver and what #4 is.

South Western Ontario is a pretty diversified economy. Where do you find another?

Just look what happened to our investor friends in Alberta who bet heavily on the oil industry while the rest of us in BC and Ontario have profited heavily.

Where am I going with this?

The next question is, where do you think the immigrants want to settle? 

Your answer should drive your decision to invest, then figure your cash flow requirement.

This is why I prefer to invest within an hour to 90 minutes from Toronto, so I can get some cash flow and benefit from price appreciation. 

Reduced risks, thanks to a diversified economy and proximity to the economic epicentre of our country.

That’s just my preference, and in my experience, it’s worked incredibly well for my clients and me.

My friends in Hambundance have experienced much of the same. What is Hambundance?

It’s a small networking group made up of real estate investors that I co-founded. 

The name is a play-off Gobundance, a high-end networking group that organizes kickass trips like white water rafting and camping the Grand Canyon or group trips to exotic places like Thailand.  

The initiation fee at the time was $5,000, I think.

But like many real estate investors, we are frugal people preferring to save and invest vs. spend money lavishly, so I grabbed some investor buddies and started our group with no fees. 

We would start the planning of our events by selecting whatever was on sale on Groupon, hahaha.

Our last big event was a $300 flight to Vegas. 

We stayed in New York New York, for $110 per night. We purchased passes to gun shooting, zombie shooting, Ferrari driving all off Groupon. This was pre-pandemic, of course.

With restrictions easing thanks to vaccines working, over 80% of adults fully vaccinated in Ontario, which is the vast majority… But only making up a minority of the positive test cases, even a small % of those hospitalized and almost zero in intensive care. I predict. 

With universities and governments mandating vaccinations among students and staff, the covid problem will continue to decline in Ontario and Canada.

But I digress; this past Saturday, we had a guys’ day. 

So, starting from 9 am, I picked up my buddies, all real estate investors. We road-tripped to a gun club to shoot trap which is using shotguns to shoot flying clay discs.

We had a guide teach us how to shoot and, more importantly, be safe. Next, we took turns shooting and keeping score, then we each threw $20 into the pot for the winner.

Some words of encouragement were shared, but there was a lot more trash talk.

 I didn’t win, but I was pretty happy with my improvement and performance. I shot 9 of 25 in round one, then 16 of 25 in round two. Good enough for 2nd place on the day.

From there, my friend Roger hosted us on his new powerboat, paid for by the recent sale of an investment property.  

We each took a turn being towed behind the boat at high speeds and sharp turns on an inflatable tube.  Falling into the water, of course, hurt; hence we each only had one turn.

We then had dinner and drinks in Niagara Falls, and that’s where the night ended. 

The next day, in other news other than waking up with a hangover, the Federal Government announced an election this September 20th.

So far, I’ve only looked at one party’s platform on improving housing. 

One party wants to encourage Canadians to invest in rental housing by allowing us to defer capital gains when selling a rental property AND REINVESTING in rental housing.  

This is already in the US called Section 1031 Exchange.

I shared this news with my Hambundance buddies, and one immediately replied, “I would sell my single-family rentals and invest in houses I can duplex.”

What a novel idea, incent everyday Canadians to invest their own money to create more rental supply to alleviate rental prices.

Cherry is all over researching real estate tax implications of the major parties’ platforms, and I’ll keep you posted here as well.

Escaping the Vietnam War To Building a Mortgage Empire with Kevin Huynh

On to this week’s show!

We have a special guest in Kevin Huynh of Empire Mortgages. 

He’s special as he’s a friend and one of my trusted mortgage brokers to find me inexpensive mortgages so I may continue to invest in real estate. 

Two weeks ago, we closed with a mortgage brokered by Kevin and the team, and we have another duplex expected to close in about a month from now, requiring Kevin’s magic as well.

If you know Kevin, he’s one of those guys who gives 110% in everything he does.  

He runs marathons, competes in Crossfit.  He’s an 11 year veteran of mortgage brokering and not just A and B lenders; he does a ton of C lending, which is private mortgages. On top of that, they do construction mortgages.

Kevin also completed Stock Hacker Academy and is achieving great returns.  

If you too want to be a Stock Hacker, I’m giving a few more demos before we deliver the next course starting October 1st. www.stockhackeracademy.ca for details. 

He’s also here today to share how he almost did exist, but thanks to massive sacrifices by his family, he’s risen from the bottom and now drives a Tesla and golfs at one of the top clubs in Canada.

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 a couple of times as James and Tammy have.

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

To Follow Kevin:

Web: www.empiremortgagegroup.ca

Email: kevin@empiremortgagegroup.ca

HELP US OUT!

UPCOMING EVENTS

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

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 meaghan@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/

Hello, my fellow wealth hackers!

I hope you’re enjoying your summer!

With covid under control for most of the population, our family took advantage by travelling up to Muskoka, the very popular cottage area in northern Ontario. 

We stayed three nights at Severn Lodge with some friends with kids similar ages to our own. 

As we’re self-employed and have a bit more control of our schedule than some, we drove up the treacherous 400 highway after lunch on Monday. 

We were delayed as we weren’t leaving home until my eldest finished her math homework. lol.

The drive was uneventful and almost entirely traffic-free. For those who aren’t familiar, the traffic to cottage country on the 400 highway is often congested, but not for those with flexible schedules.

We arrived, checked in, got our room, kids changed for the pool and hopped in.  I grabbed some drinks and snacks for our group of adults while we watched the kids play in the pool.

About an hour later, I saw a dad bobbing in the deep end of the pool with his young kid wrapped around his neck.

I noticed the dad’s head bob in and out of the water, only being able to grab a short breath of air before bobbing back down under the weight of his son. 

Finally, after the third time, he asked for help.

There was no lifeguard on duty, so I did what anyone would do; I got up from my chips and Caesar and jumped into the pool fully clothed.

Before jumping, I hesitated as the dad was too far for me to reach, too close that diving made no sense, so I jumped in feet first.

On my way down to the bottom of the pool, I put my hands on the dad’s hips. 

Then, I kicked off the bottom of the pool and launched him and his son towards the side of the pool so they could grab the side.

The dad says, thank you, I climb out of the pool, everyone was looking at me; Cherry hands me a towel, and I head back to the room to change.

Those few moments went by in seconds, and later in the trip, I reflected on what happened.

I wasn’t dressed to swim because our kids had private lessons in our pool three times per week earlier this summer, so we wouldn’t have to worry about them around water.

I had already made over $600 US dollars stock hacking that day; hence I left my phone in the room and thankfully didn’t jump in the pool with my crazy expensive Apple iPhone.

I had previously mentally rehearsed jumping in my pool should anyone need help, so before hopping in for this unscheduled swim, I pulled my wallet out of my pocket and shed my collector’s Blue Jays hat while in stride to the pool.

I did still have my Honda car key on me but shout out to Honda for making a waterproof key.

I tried water skiing for the 2nd time ever with 20 years in between, lol. 

I remember how painful the first time was and the regret of not being able to stand up, so why not. 

The staff at Severn Lodge are amiable, with encouraging words and even better tips. 

In my first two attempts, I can stand up but only for a few seconds. After that, the wipeouts are just as painful as I remembered. 

My third attempt went very well, I’m up for about 30 seconds, and I can see what an enjoyable experience water skiing can be before crashing while we were turning around. 

No one mentioned how to turn in all this process, hahaha.

The rest of our friends cancelled their turn at water skiing after seeing what I went through… LOL – so much for trying to inspire folks.

Afterwards, when the adrenaline wore off, my left quad lit up. I thought I strained something, but I had a welt. 

I’m guessing when I crashed, I hit a ski, but it was worth it being able to cross water skiing off the bucket list.😊

We fully plan on returning next summer, and I want my kids to try water skiing or wakeboarding, but we’ll get them private lessons so they can learn slowly and hopefully less painfully.

Our vacation was well-timed, with the closing of our most recent duplex acquisition closing the Friday before. 

We paid mid $800,000 for a turnkey property I bought off one of my clients.  

There are tenants in the basement already, but the main floor recently left, and our leasing agent got us $2,300 plus hydro for our three-bedroom main floor, which we are pleased with.

In other good news, I was able to cash flow over $2,000 US while stock hacking using just my phone, which paid for the trip.

If you are interested in learning how to invest in real estate as I do and my hundreds of other clients do, please sign up for our free training at www.investortraining.ca

Or, if you want to see a free demonstration on how I stock hack for cash flow, go to www.stockhackeracademy.ca and register there.

We will have a small number of seats at our office in Oakville to attend live and in-person for both.

Real Estate Investor Running for Member of Parliament Michael Ras

Today’s guest, Michael Ras, happens to be both our real estate investor client and a graduate of the Stock Hacker Academy.

Michael is successful as he has flipped a couple of houses and holds properties in Brantford and the Niagara Region. 

He’s also a Stock Hacker that cash flows $750-1,000 per month with a $30,000 account.

Interestingly, Michael has decided he wants a pay cut to work for the government as a Member of Parliament as he’s running in the upcoming election in the Mississauga-Lakeshore riding.

Michael is here to share about the election issues, mainly around housing and the red tape real estate investors like us, including Michael, face in creating more housing supply.  

He knows the pains we go through, and he’s kindly stepping up to do something about it in Ottawa.

Yes, Michael is running in a party some people do not agree with, but I agree with Michael on many issues.

If anyone listening is running for a different party, I’m all for having you as a guest on this show to talk about the issues facing our listeners as parents, landlords, small business owners and Canadians.

I hope you 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 a couple of times as James and Tammy have.

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

To Follow Michael Ras:

Web: https://michaelras.ca/

Twitter: https://twitter.com/mike_ras

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

HELP US OUT!

UPCOMING EVENTS

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

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 meaghan@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 are you? I hope all is well!

With the hospitalization numbers coming down, the outlook is good that life will continue towards normalcy and I hope you’re evaluating your own comfort levels and taking advantage of the loosening restrictions.

Personally, I’ve had my real estate coaches over to my home for a team meeting and BBQ lunch on the back deck of my house. 

We are hard workers and we’re also a family, a very silly family of hyper-competitive, A types that like to joke around and have a good time. 

This was a first for all of them to see my new house and I got to show off my BBQ skills which included a huge grease fire to keep things interesting.

I’ve also taken advantage of many patios and even indoor dining to reconnect with some old friends from the real estate world including Joe Coria, a manager at Keyspire; Jamie Collard who’s buying every multi-family property in sight, Charles Wah who’s developing every piece of land in sight. 

Former Airbnb executive Daniel Dubois a past guest on this show, we took in a private golf lesson and hit the patio afterwards. It’s pretty cool to hear his opinion on Airbnb and also what he’s up to at Life and Key.

I love networking and catching up with all these dynamos that are leaving me inspired and generating ideas. 

If you too miss live meetups, we plan to host live events starting this September and if you’re on my email list, you’ll receive the invites to register.

If you are not, go to 👉www.truthaboutrealestateinvesting.ca, type in your name and email on the right and you’re good to go like the other couple thousand investors in Canada.

In case you missed it, I am delivering free demonstrations again for the Stock Hacker Academy and we will have a limited number of seats available in our offices in Oakville. 

I’m excited to be speaking to people live and in-person on side hustles that actually work, and those on our email newsletters will be notified of the next dates and how to register.

These demonstrations are free. I hope to see you there!

On to this week’s show!

How A Former Barista Found a Passive 30% Cash Return With Just $10,000 With Joel Arndt

One of my favourite things to do in the world is to make a difference in people’s lives but not just anyone, those who put in the effort to get ahead in life.

That brings us to Joel Arndt, who reached out to me over direct message on Facebook a while ago, followed by an ‘Ask me anything’ episode on my podcast. 

Six months ago, Joel was on to share his investing successes.

Now six months later, I wanted an update. So, Joel, our millennial, former barista, is back to share about his investment journey, talk about real estate, stock hacking, and even cryptocurrency.

If you, too, are just starting on your journey or know someone just starting, you may want to share this episode with them. 

All you veteran investors out there know, it’s harder than ever to cash flow, but young Joel is here today to share how he managed a 30% cash on cash return as a beginner stock hacker in his first 12 months.

Don’t forget, though, that Joel has invested heavily in his education, and past results do not predict the future. 

I hope you enjoy the show! 😉

We’re hiring!

Just a friendly reminder that we are hiring for 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 a couple of times as James and Tammy have.

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

To Follow Joel:

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

HELP US OUT!

UPCOMING EVENTS

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

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 meaghan@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/