Welcome to the Truth About Real Estate Investing Show where we’re here to learn to build wealth together.

Having wealth is great, being part of a community where your friends and family have financial freedom, well that’s just a lot more fun to be a part of in my opinion.

How is back to school for everyone?

Our kids’ classes start date was delayed which is fine. I can see all the precautions being made and I’m confident in our school and teacher that everything is being done.

No different than in business or investing or stock hacking, I took an analytical approach to our decision to send the kids back.  Note that we didn’t have to send the kids back as we have a full time nanny that the kids love and she loves our kids back the same. 

Science, stats, whatever you want to call it, our school and the neighborhoods that attend our kids’ school is in the bottom 10% of covid cases in Ontario.

We don’t have any elderly living in our home so no at risk groups will be exposed to greater risk being around my family. Our kids are skipping the school bus and instead bike about 10 mins to school under adult supervision which they are enjoying.  

So far so good. The kids are enjoying seeing their old friends and meeting new ones. 

To show our appreciation, Cherry and I have sent gift cards to the teachers and our Vice Principal.

We received back notes of thanks, one teacher stated how the gift cards will be used to purchase class materials. I’ve followed up asking both what materials they need. Cherry and I will donate some or all of them. 

To me, it’s the least we can do to give back after what has been a very successful six months for our real estate and stock hacking investments.

I mean, the government is pouring money into the schools for all the added expenses of cleaning, technology, personal protection equipment, etc…

As always, I believe we as private citizens need to step up and fill gaps when possible.

Same goes for our charity, the Hamilton Basket Brigade. 

The need is greater than ever, we have more challenges than ever to host an event for these families in need but we are making it happen.

We are hosting an outdoor BBQ in the lower city of Hamilton, shout out to Charles Wah for donating the use of his parking lot and bathrooms. 

The budget will be the same, the love and care will be the same, it will just mean fewer gifts, more gift cards and a lot more hand sanitizer 🙂  As always, we can’t wait to be the change we want to see in the world.

There is much to be thankful for after what I saw two weeks ago…

Two weeks ago, I volunteered to help an entrepreneurs’ group I’m a part of to check out potential office/event space to rent out. 

Typical me, I show up excited without thinking it through but what did we find? Lots of beautiful space.

But think about it… Who is giving up their office space?  Failed small businesses. 

It was the saddest experience for me, it was like hopping between funeral homes for small businesses and as a real estate investor, I ask the question, why the space became available?  

All these businesses no longer needed office space, some were on life support as their businesses were adversely affected and some simply moved to work from home.

Is it any surprise that August Go Transit ridership is 23% of what it was a year ago. 

As far as I can tell, it’s a complete renters market for office space downtown Toronto and I imagine the same for many of the urban centers across Canada.

It was in the news last week how a couple of the biggest companies in Canada including banks are subletting unneeded space in their Toronto offices. 

What a crazy world we live in!

Speaking of crazy or maybe not so crazy as it’s becoming a regular occurrence, Cherry beat me again the last two weeks of she trader vs. he trader.

Each week, her aggressiveness paid off, I think she beat me by around $2,000 US for each of the last two weeks. 

The positive feedback on the Stock Hacker Academy 2.0 continues to pour in. We had a client last week choose freedom over continuing at his day job in exchange for being a full time wealth hacker: both real estate investor and stock hacker.

I’ll have Joe on the show soon to share his story of how he obtained his freedom.

If you’re interested in learning more, I’m giving a demonstration, totally free over Zoom.

This demonstration is in crazy high demand, we’ve had to upgrade our Zoom account and it’s the last one we have planned for 2020.

If you don’t know the story, I showed my kid cousin Wil, he’s known as “Chubby” to his family.  Anyways, I taught him how to stock hack over Thanksgiving dinner, he’s a full time musician and in 15-30 mins per day, he’s able to cash flow over $1,000 per week all from his mobile phone. 

September 24th, 8 pm again is the last demo we have planned for the year followed by Stock Hacker Academy 2.0 Featuring “the Godfather of Stock Options” – Best Selling Author of Get Rich With Options Lee Lowell.  Links to register are in the show notes at

www.truthaboutrealestateinvesting.ca

Free Demonstration: https://us02web.zoom.us/webinar/register/WN_VEx9tUmdTIO3PWMauybnZw

Details for Stock Hacker Academy 2.0: www.stockhackeracademy.ca/

How A Former Technology Executive Automates His Real Estate For Mega Savings and Profits w Christian Szpilfogel

Speaking of making money with technology, this week’s guest has some crazy awesome advice on how to use technology in his sizeable real estate portfolio to save himself time, money, grief, and it even got rid of a drug dealing tenant who assaulted another tenant out of his property. 

Some of Christians’ technology even makes him money. 

Needless to say, this is an excellent interview.  

This is a long episode as Christian was generous with his time, he is a former executive at one of Canada’s most well known technology companies in Ottawa, Ontario where he lives.

More recently we became the Vice President of Ottawa Real Estate Investors Group.  Shout out to outgoing President Rich Danby. 

We talk about what makes a good investment club and in the second half Christian lists off a bunch of technologies he has personally implemented in his real estate.

So, do have a pen and paper ready, you’re likely going to want everything he’s got after he explains the benefits.

To Follow Christian Szpilfogel:

• Facebook: https://www.facebook.com/szpilfogel
• LinkedIn: https://ca.linkedin.com/in/szpilfogel
• Instagram: https://www.instagram.com/aliferousproperties/
• OREIO: www.oreio.org
• Facebook: https://www.facebook.com/szpilfogel
• LinkedIn: https://ca.linkedin.com/in/szpilfogel
• Instagram: https://www.instagram.com/aliferousproperties/
• OREIO: www.oreio.org

Before you go, a quick announcement, my real estate networking meetings are back and open to the public!

We only have limited seating in person and they sold out fast for the September iWIN Meeting but we have plenty of space online on Zoom.

For those who have been before, the presentations are excellent only exceeded by the quality of the attendees to come out. 

As always, I have several phenomenal guest speakers lined up, you’ve heard many of them already on this Podcast but with networking meetings, you get to interact and ask them questions. 

As the saying goes, you are the average of the five people you spend the most time with you. 

Personally, I like hanging out with successful, goal driven people or quality character and that’s what you’ll find at the iWIN Meetings

To be notified of the next iWIN Meeting just sign up for my email list at www.truthaboutrealestateinvesting.ca

Hope to see you there soon!

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

• Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
• 8 Weekly coaching webinars taught by Lee.
• Access to all of the recording for 12 months
• And so much more…

If you want to see this in action, click here to register for the next FREE Trading Demonstration.

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, fellow wealth hackers!

I trust everyone is well!! From people I speak to who are investing in stocks and real estate, the response is overwhelmingly positive with bumps along the way. 

Nothing is ever perfect.

View this post on Instagram

We’ve owned this student rental in St Catharines for six years and this is the first “serious” renovation we’ve done to it. Needless to say the students will be ecstatics to see it when they return from summer holidays. . This property has more than doubled in value in that time which is great and has provided us already with a down payment for another property. That hurt our cash flow but allowed us to build our wealth. . Got to love real estate for wealth creation!!

A post shared by Erwin Szeto (@erwinszeto) on Aug 26, 2020 at 4:08pm PDT

In one of our student rentals, we installed an air conditioner in the attic and the students are happy except for one – The student who’s bedroom closet has the attic hatch.

Well, they’re not happy at all because dust got onto their furniture and they feel they weren’t given enough notice even though my property manager emailed them a week in advance of the installation and cleaners were in the house not even five minutes after the AC installer left.

I know because I was there.

The cleaners pulled into the driveway as I was leaving.

We offered to send the cleaners back but the student’s mom wants to be present to check if the workers and my handyman are wearing masks.

She asked to hold off on any other renovations so she can work it out in her schedule to be on hand but she didn’t want to take responsibility for the delays in letting the other student tenants know the cause of the delays.

Cherry and I are big on customer service hence we already gave a roughly 10% credit for the summer months which the students accepted and to send the cleaners back at our expense or to pay the disgruntled mom to clean herself if she preferred to keep the cleaners from returning.

What does she want? A four-month rent credit?

She also asked that I be present for her to vent her frustrations when my property manager is already present and authorized to represent me. 

I’m pretty busy between family and business and investing so that wasn’t going to happen.  Plus I’m not a fan of confrontation.

We have already offered the student and mom out of the lease as there is no satisfying her and as the saying goes, “How you do anything is how you do everything”, we’d like to avoid any future drama.

Such is the importance of having multiple streams of income.

Our portfolio can handle a hit to cash flow to make everyone’s lives easier. Life is too short to handle the drama from someone who wants thousands of dollars of compensation for dust on bedroom furniture.

This whole COVID thing is responsible for some special times. 

I’ve seen my brother once since January.  He came to my house to pick up a cooler for camping, he didn’t touch anything as he’s a biologist by education and studied infectious disease at school so he’s more cautious than most.

I miss him and my niece who’s only three years old but that’s what being responsible and respecting other people’s wishes is all about.  Families, tribes, society, etc… don’t get along without well, getting along. 

Then I see all the toxicity on social media. It’s crazy.

I generally don’t engage in it like discussing politics and religion on social media.  From anyone who’s read How to Win Friends and Influence People by Dale Carnegie, you’ll recall no one wins in an argument, there are only losers. 

Often both parties walk away angry at each other with neither being convinced to change their views and sometimes strengthening their resolve. 

So what’s the point? It’s a waste of energy in my opinion.

Then there is one of my favourite tips from the super awesome Tim Ferriss, best selling author of the Four Hour Work Week. 

In his book Tim gives the example of an upcoming election, how he saves time and energy, he simply asks a couple of people who have similar values on how they will vote and why and makes his decision from there.

In my experience, I’m lucky enough to be the son of a medical doctor and one of my best friends from school basically got perfect all through elementary, high school, university, and medical school.

I ask Dad how to protect his grandkids and he gives his advice.  Dave my doctor friend now works in a hospital so I ask him what he does for him and his three kids who are around the same age as mine. 

For me, that’s good enough for my family and me.

Everyone is entitled to their opinion, it doesn’t necessarily mean it’s a qualified opinion.  No different than when I say the Leafs need to trade for a defenseman. I have no idea who’s available or who would be good on our team but yeah, I have an opinion. 

You’re more than welcome to ignore it but just don’t argue with me 😛

We should already know this.

But too often we forget it.

You never know what’s going on in somebody’s life; what they’re dealing with.

• Physical health.
• Mental health.
• Racism.
• Financial burdens.
• Jobs.
• Divorce.
• …the list goes on.

So be kind. Be an ally. Be a friend. Be better. Don’t have anything nice to say then don’t say it at all.

If anyone out there needs help feel free to reach out, I’m not hard to find.

Last week we lost one of Toronto’s finest. Nearly a decade with the Toronto Police and just over a decade with the Canadian Armed forces.  He was lost to suicide due to depression.  Someone who on the outside had it all.

I just wish he had said something and I’m pretty sure we all feel that way when these things happen.

Rest in peace Constable. I hope you’re in a better place, you should have seen your funeral, there were so many people there to say goodbye.

Personal Growth Of A Single Parent From Selling Tupperware To Real Estate To Investing for 50% Returns and Stock Hacking with Lynne Tham

On to this week’s guest, Lynne Tham.

She was nervous to come on the show which is not uncommon. Public speaking by some surveys ranks higher on the lists of fears above death itself….

Lynne’s kids including my friend Simon told her to just do it and she did!

I’ll post Lynne’s full bio on our website, www.truthaboutrealestateinvesting.ca.

It’s a wonderful Canadian success story of a teenager immigrating to Canada, falling in love with the greatest country in the world. 

Started a family, stayed at home to raise the kids, picked up a side hustle in multi-level marketing, excelled, became a single parent, became a Realtor, had a wake-up call at age 55 that she needed a retirement plan.

Invested in real estate, de-invested in real estate and now a pretty successful stock hacker.

I know we have several full time professional, uber-successful real estate investors like Ryan Carr and coming up next Leslie and Jamie Collard and their 160 units but for the investor who wants to take it easy and be a bit more passive…. Well, it worked out for Lynne.

Full bio:

Proud mom of two successful adults (Simon and Melanie) who form our family real estate team (we do between 40 – 50 deals per year as a team). 

I’m a constant advocate for personal growth in my own life and determined to create my own financial future goals of being able to live, travel and work from anywhere in the world. 

My own story – came to Canada by myself as an 18-year-old, without knowing anyone, from the UK, to be a nanny, in 1978.  It was supposed to be a one to two-year work stay.   Fell in love with the country, got married at 21 and became a Canadian citizen. 

Being a stay at home mom I was recruited to sell Tupperware in the ’90s and this was the beginning of personal growth for me.  I realized that I was a salesperson and loved motivating myself and other people to reach goals. 

I was with them for 10 years and ended up owning a distributorship with them in the Toronto area.  

After becoming a single parent in the ’90s, I had a five-year stint in the car business, being a business manager and selling cars, but long hours and very little personal satisfaction, motivated me to take my real estate license. 

I became an agent in 2006 with the desire of being able to have the ability to increase my income and have the flexibility to travel to see my kids, who were both now living in the U.S. (Melanie on a gymnastics scholarship at Iowa State University and Simon modelling in NYC).  

After building my business for six years it was a welcome addition to have my Mel join me in the business after she graduated university and then Simon, two years later. 

Both of my kids did not have real estate as a career goal but they kind of fell into it after realizing that it was a great way to earn good money and also be able to pursue other passions (not to mention my daughter’s teaching degree did little to generate an actual job in teaching and Simon realized that modelling looks don’t last forever – but as his mom, I would disagree 🙂 and he’s still modelling now)

Five years ago, at age 55, I was staring at my future and realizing that I needed more of a retirement plan – at that time, my net worth was basically the equity in my Mississauga townhouse (at the time, worth around 775k, and I had a mortgage of $300k on it) and I had $200k in RRSP’s and that was it. 

When I looked into what the Canadian pension was, if I waited until 65 to draw it, it was a wake up call.  

This started my journey into how to build a consistent income of at least $10k a month within the next five years.

I had met with an investment guy from a reputable company, regarding what to do with my RRSP’s, who told me he could generate me a guaranteed 8 – 10% annually with their various investments. 

It sounded a lot better than the 2% than my Scotia funds were generating, but luckily, I was introduced to investing in second mortgages by profunds in Burlington and decided to put my money there (it has now grown by over $100k in four years).  

Simon had introduced me to your podcasts and it opened up a new world of exploration. 

Around this time, I was invited to an event at my Keller Williams brokerage, put on by two agents who were representing, Brian Pullis’s project in Orillia. 

They were offering an investment opportunity to purchase a townhouse in an older complex that had been refurbished and all the interiors gutted and renovated. 

The homes were offered at $247k, and they were offering a $7k builder incentive and on top of that, my 2.5% real estate commission, so essentially I could buy one of these homes for $235k. 

Again, embarrassingly, I hadn’t realized that I could take an 80% line of credit against my primary residence to take the down payment for an investment property, and I had always had the mindset that I needed to pay off my mortgage before doing so.   

I got the line of credit and purchased my first property. 

The type of property fit me well as it was easy to manage, (one-year property management was offered for free), and it cash flowed ($1400/month in rent). 

This was a great first experience and it encouraged me to buy a second property in Orillia, which I had realized through listening to one of your podcasts (and Jules McKenzie), was listed in REIN’s top 10 cities in Ontario to invest in. 

The second property was easy as it was new construction and the builder was only requiring $20k down.  I closed on it a year later and after buying it for $345k and putting $20k into it, it attracted good tenants and covered itself.    

I sold the first property 3 years later and made around $70k net, and I just sold the second one (closed yesterday) and made $145k in three years.  

Last year, I had looked into the possibility of buying another investment property (at the time, I owned only one of the Orillia properties), but it had become so much more difficult to qualify for a mortgage and I was approved to buy at $600k, with B lender financing and it would have to be a legal duplex, generating $3400/$3500 monthly for it to work. 

I realized that it was too much for me at this point in my life, to drive to Oshawa (where it seemed like the only opportunities to do this, existed in this price range).   

In the summer I attended your IWin meeting where the discussion came up about the upcoming stock hacking course.  I was so inspired by Adriano’s story and I had been listening to your increasing interest in doing it yourself and was following your progress. 

Unfortunately, I was in Portugal in September when the first class was offered but as you know, Simon attended and he seemed to be quite inspired and impressed. 

What sealed the deal for me was hearing Habib’s podcast with you, in the late fall, and I knew I had to sign up.  

Since taking the two day course in December, it has changed my life. 

No other words for it. 

I started with $150k from my HELOC and then added $40k two months later.  Since just before Covid, as of today, I’m up $54k, which is nicely falling into my goal of $10k/month and is opening up my future. 

I plan on taking the profits from the sale of my investment property and adding it to my account, with the goal of making $15k to $20k a month consistently.   

I am constantly amazed at how options trading is not only something that I could grasp but is so easy, enjoyable, flexible and unlimited. 

I now find myself talking real estate clients (especially the ones around my age) out of buying their first investment property and doing options trading instead. 

As you always say, there’s a place for both and they go hand in hand, but for me personally, and others in my situation, looking at retirement and how to fund it, in my opinion and experience, this is an incredible option. 

To Follow Lynne:

Facebook: https://www.facebook.com/lynne.tham/

Web: https://thamteam.com/

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

• Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
• 8 Weekly coaching webinars taught by Lee.
• Access to all of the recording for 12 months
• And so much more…

If you want to see this in action, click here to register for the next FREE Trading Demonstration.

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 all having a wonderful summer! 

My family was having an amazing summer, then we hit a speed bump. My son Bruce was running up the basement stairs and fell on his face cutting his lip. He cried a lot but I figured he’d be fine, no big deal right?

The next morning his upper lip ballooned up. I thought, ‘weird, this much swelling this late after the fall.’ I sent a picture to a doctor in my family and he said the swelling was from the fall.

Bruce also had a fever so I thought it was just a coincidence, kids have fevers all the time. Saturday morning, the swelling had spread to Bruce’s cheek and the fever was still there. So we did what any parent would do, we cancelled our St. Catharines property inspection tour to see a doctor. 

It’s what I feared, an infection and Bruce was prescribed antibiotics.  Those were a challenge as Bruce couldn’t swallow them and they tasted awful when ground up, even when mixed with honey.

View this post on Instagram

Thank you everyone for your well wishes and asking about Bruce’s well being. Thanks to the amazing doctors and nurses and pharmacists at McMaster Hospital, we were out in one day and given a prescription for antibiotics for the next 8 days. . I’m grateful this was minor and stayed minor.

A post shared by Erwin Szeto (@erwinszeto) on Aug 19, 2020 at 3:24pm PDT

Next day, there’s no improvement, so off to Emergency Bruce and Cherry go.  In Covid times, only one parent is allowed in Emergency.  Bruce gets admitted and stays the night at McMaster Children’s Hospital. Cherry stays with him and I’m just a ball of stress.

Thankfully McMaster Children’s Hospital is just fantastic, including their pharmacy.  They work their magic and we’re home on Monday with a plan for 8 more days of an antibiotics cocktail that Bruce likes thanks to the pharmacy. 

Even with the good news, I had a terrible headache. Boo hoo, I know, when compared to all those parents with kids who spend extended periods in hospital.  I’ve said it before and I’ll say it again, investing in real estate and stock hacking is waaaaay easier than being a parent.  I’d gladly trade all my houses for the health of my kids.

Thankfully, this will only cost Bruce two weeks in the summer and the lesson as I’ve reminded him before, no socks in the house if he’s running.

For you wealth hackers, I’m hearing from many of you that this has been an extremely profitable summer both in your real estate and for Stock Hackers. 

The Toronto Real Estate Board reported a record number of transactions in July and average prices are up 16.9% from July of last year. Hopefully those of you trying to time the market got in March or April.  The markets where we operate, west of Toronto, we’re seeing multiple offers everywhere and outside of student rentals and condos, our clients are not reporting any significant vacancies.

For those who own real estate, you’re doing great!

For Stock Hackers, I’m receiving regular feedback from students who are achieving four figures per month and some four figures per week in cash flow, which is super awesome! 

It’s why we provided the courses taught by best selling author, Lee Lowell. Our very own VP of Coaching, James Maggs is averaging between $2,500 to 8,000 per month on $120,000 and only investing about four hours per week.  Not bad! It’s more than CERB and that’s more cash flow than a piece of real estate that requires an equivalent investment of $120,000.

But just ask any Stock Hacker how they funded their bankroll, almost everyone did with real estate profits or home equity lines.  Real estate to build wealth, Stock Hacking for cash flow.

Last Tuesday I delivered a demonstration via Zoom, a bit more of a polished demonstration vs. the one I gave my kid cousin over Thanksgiving last year.  He’s a musician by trade and he too is cash flowing over $1,000 per week. Anyways, over 500 registered for the demo which is pretty awesome.  Hopefully the nearly 500 who attended can reproduce the same results as my cousin, Chubby.

In case you missed the demo, sorry you couldn’t make it. If you’d like to be informed of the next one and receive notification of when these podcasts come up, simply sign up for my email newsletter, go to www.truthaboutrealestateinvesting.ca and type in your name and email and that’s it.

This is summer and we’re trying to enjoy what’s left of it, so no more demos till September and no, we’re not sharing the recording.  If these were not covid times, I’d invite you into the office for a live in person demo. Then you could all look over my shoulder and see how I trade on my phone, but we’re in a different normal.

On to this week’s show featuring another successful wealth hacker!

How A Veterinarian Quit His Job By Investing in Real Estate and Stock Hacking with Michael Bugg

Meet Michael Bugg, he’s a young father, husband and just recently a full time real estate investor out of Saskatoon, Saskatchewan.  He began buying properties in 2010, specifically new construction, and his investing has evolved into small apartment buildings.

In July 2018, Michael hung up the stethoscope and quit his job as a veterinarian.

On this episode, Michael shares his journey to owning a couple apartment buildings and how he lost money stock hacking during the covid crash and the shocking returns he’s achieved since then.

I give you Michael Bugg!

To Follow Michael:

• Personal: 
  • Facebook/LinkedIn:  Michael Bugg
  • Instagram: @michaelbugg.dvm
•  Real Estate:
  •  Facebook: YXE Real Estate Group
• Veterinary Project Podcast:
  • www.anchor.fm/veterinaryprojectpodcast
  • On all the usual platforms and YouTube
  • Facebook/LinkedIn: The Veterinary Project
  • Instagram: @theveterinaryproject
  • www.theveterinaryproject.com

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

• Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
• 8 Weekly coaching webinars taught by Lee.
• Access to all of the recording for 12 months
• And so much more…

If you want to see this in action, click here to register for the next FREE Trading Demonstration.

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/

Greetings my fellow iWINNERS!

I hope you’re all enjoying this summer as much as I am. 

The craziest recession/depression or whatever we are in continues.  The divide between the haves and have nots is widening, but don’t worry, for the haves, I’m sure our taxes will go up. Let’s all enjoy the great weather and market appreciation.

This real estate market in Ontario has created a lot of wealth for investors, including this week’s guest in Ken Bekendam. We’ll get to him in a moment. I’m sure he’s grateful and I know I’m very grateful for our respective real estate portfolios.

Cherry’s birthday is coming up and the plan is for us to golf seven of the eight days of her birthday week.  Yes, this is Cherry’s bday and her idea, not mine. In Cherry’s previous life, aka a previous boyfriend who we don’t talk about was an avid golfer so they golfed a lot together.

Cherry has many shots that I do not and has out played me two of the times we’ve golfed this season.  This past Sunday, Cherry and I golfed together with my cousin and his wife.  Cherry and I were playing scramble as in we each shoot then choose who’s shot was better and we both hit from there.

We were playing at the lovely Indian Wells Golf Course and the last time I was there I hit a 119 which I was pretty happy with.  When partnered with Cherry, we scored a 94.  An improvement of 21%.  Cherry mentioned how our golfing that day parallels our lives, we complement one another, raise each other up.  We both have good and bad moments, but we can often compensate for one another.

On the first 9 holes, I was playing great. There was a stretch over two holes where every shot we used was mine.  I mentioned it to Cherry then she hit her best shot of the day immediately after.  She has a competitive fire and wants to be her best, much like I do.

Over the last 9 holes, I struggled a bit and Cherry contributed a lot more.  With my advanced age and 35 degree weather, I tend to fade after the 14th hole.  I think she knows this hence the high volume of 7 golf outings in 8 days so she can kick my butt 😛

Speaking of Cherry kicking my butt, she beat me in stock hacking yet again last week. I had my third best week ever but Cherry managed to make even more.  Our household again realized five figures of cash flow in US dollars. She trader vs he trader is now about 13-6.

The stock hacking gains are great, but don’t forget, our bankroll was funded by our real estate.

For those interested in taking a beginner course taught by a best selling author and fellow stock hacker with 30 years of experience, including as a floor trader on Wall Street, he is none other than the Godfather of stock options, Lee Lowell, then go to www.stockhackeracademy.ca. Also save the date, the weekend of  Oct 3-4th.  This is the version 2.0 of the program and if it’s not called Stock Hacker Academy, then I have nothing to do with it nor endorse it. 

On to this week’s interview giving us the Truth About Real Estate Investing and it’s not an easy one…

Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam

In planning a future without his wife Kaitlin and mother to one year old son Kingston, Ken Bekendam made the decision to quit his job and double down on his efforts to build his real estate investing business.

At the time, half his income was coming from Ken’s investment properties, plus he needed to build towards the flexibility of schedule, being an entrepreneur, as Ken is now a single father, and financial freedom that comes with being a successful real estate investor.  

Ken is a renovation expert both for his own portfolio and for clients, especially in adding legal, income generating suites and additions to existing properties. Like many high level real estate investors, he’s raising private mortgages so you’ll want to pay attention to that part.  

I don’t want to spoil too much so I’ll let Ken tell you his story. I give you Ken Bekendam.

To Follow Ken:

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

Web: http://legalsecondsuites.com/ken-bekendam/

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

• Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
• 8 Weekly coaching webinars taught by Lee.
• Access to all of the recording for 12 months
• And so much more…

Right now, until August 14th, you get $500 off! Click here to get your $500.

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/