Retiring Before 40, 73 Units in 12 Months with Jamie, Leslie & Aaron Collard

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Did anything happen this past week? Anything of importance affecting life, the economy, real estate? No? Nothing? Good, then let’s just skip straight to this week’s guest. Lol. At least we will see some cheap gas prices at the pump! I jumped the gun and filled up on regular gas at 93.9 cents/L, an hour later it was below 90 cents. I haven’t seen gas prices like this since pre Hurricane Katrina in 2005. I remember when all the gas stations had to update their signs to accommodate an extra digit as gas prices skyrocketed and never came back down below a dollar.  Cheap gas is great for more disposable income for the rest of us, but bad news for Canada’s energy sector in Alberta and Saskatchewan including delayed investment, job layoffs, more hits to their economy. I’ll make sure to reach out to my Alberta investor friends of this show to get their insights into their local real estate markets. One of them, Edmonton investor Jared Hope shared how he just got a 2.59% mortgage for 5 years and is happy about that! Some of you may have noticed we missed a podcast episode last week.  Even though my family and I were away for a wedding, my team and I had the episode ready however our guest had to postpone her event she was promoting that included me as a speaker. So sadly, we will have to redo what was an awesome interview when we have new dates to share. The event was planning to host a few thousand however based on studies of Coronavirus, staying away from large enclosed crowds makes a lot of sense. The stock market is way down. I actually think it has more to give as we are only learning now how infectious this virus is.  Long term, I do believe this too will pass but the pain in the next three to six months could be significant as our hospitals are overwhelmed, factories are temporarily closed, and we can’t buy goods including prescription drugs. I did just spend $644 at Costco yesterday on food plus socks for me that were on sale.  No toilet paper though, but we have lots since I buy it whenever it goes on sale. 
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Bringing it back to real estate, it doesn’t take much to spook the market. There were very few buyers out there immediately following the Housing Fairness Plan. I remember when I was looking for a property to buy in a great area, great condition, separate side entrance for easy basement suiting for a 2nd rental income. Three months earlier, that open house would have been a zoo, at least six or more offers. At the open house there was no one. Just me and the two listing agents. I made an offer for under asking price with five business days for both financing and home inspection conditions as I was the only offer. The selling agents were great to deal with as I was their only “customer,” so nothing felt rushed. I even got a price reduction for some unforeseen stuff I found during the home inspection.  Fast forward to today and my team of investor Realtors have told me about 4,6,9, even 21 offers on a single listing. On one of our listings we have 2 offers on a property that was listed exclusively. That one went well over asking too. My guess is we will see some softness in the real estate market when people are scared to buy a new house or they will be just too busy taking care of their kids due to school closures for Coronavirus. If we didn’t just buy our office, I would be readying our mortgage qualification documents, ready to pounce on opportunity. No different with stock hacking. I’ve transferred cash and patiently wait for opportunity. Cherry is opening an account too so we may both learn from this experience and hopefully create significant wealth like Brian Zammit, a past guest of this show who was able to retire his wife and stop working a job in 2011.  You better believe I’m in regular contact with Brian Zammit and my coach. This show has never been about getting rich quick or no risk or no effort, but rather the truths about investing.  Yes, stock investors are losing money right now and, no, it’s not fun. I won’t be surprised if real estate prices decline or that we see another recession.  The other truth is I regret not having the knowledge of how to take advantage of the market correction in 2008 because I didn’t understand how it happened at the time.  So I took responsibility that would never happen again. I’ve gotten myself educated, surrounded myself with the right people to be ready for this moment. The year 2020 will be one to remember as both a terrible year and one of opportunity. I just hope you all stay safe, wash your hands, stay healthy, and make a massive difference for your financial futures. Now, on to this week’s show!

Retiring Before 40, 73 Units in 12 Months with Jamie, Leslie & Aaron Collard

Jamie and Leslie Collard are a husband and wife team who have spent the last few years building financial freedom through real estate acquisitions.  Their focus in the past year has been on apartment buildings with an acquired 73 units. They were able to “retire” before turning 40 years of age and now, they have the freedom to spend more time as a family, travel when they choose to and have no worries about their financial future. Throughout their journey, they have become passionate about sharing with others how they used real estate to build their wealth. Because it was a challenge for them to learn the high level investment strategies in the business, they have created their own education series that will allow others to learn from the experts in the field. Aaron Collard is their 15 year old son and wait till you hear what he’s up to. Without further ado, Jamie, Leslie and Aaron Collard!
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To follow the Collards:

Web: https://www.collardproperties.ca/ ADVANCED COMMERCIAL INVESTMENT CONFERENCE:  https://www.collardproperties.ca/seminars Facebook: https://www.facebook.com/groups/665392684003319/

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/ **Disclaimer:** The views and opinions expressed by our guest Jamie Collard during this podcast episode are solely those of the guest and do not necessarily reflect the views or positions of our podcast, its hosts, producers, or any affiliated entities. The information shared by the guest is provided for general informational purposes only and should not be construed as legal, financial, or professional advice. Please note that Jamie Collard and Leslie Collard are currently involved in ongoing legal proceedings, specifically the case of Collard & Markus Construction Inc. v. Collard Properties Inc. and Collard Holdings Ltd., 2024 ONSC 356. For more details on this case, you can refer to the official court document [here](https://www.canlii.org/en/on/onsc/doc/2024/2024onsc356/2024onsc356.html?fbclid=IwZXh0bgNhZW0CMTEAAR0_1SwpgLFcbIMgf9JWv3oDJYcfjA6QhUNEYX-M2VuJ4jg9tgECbIUDlZY_aem_AdN3lwL9v0PxlNcq6AiY2iHhNB2-axrQXQK77cPUOXUbS-3ywVpoUz96kxM72tO1uNMPxc0IwANsWDbPrbTFnkdb). Additionally, a supplemental report related to these proceedings can be viewed [here](https://docs.grantthornton.ca/document-folder/viewer/docul8LWsxcWho7J/2472424223861269481?_gl=1%2Aholdht%2A_ga%2ANTQzOTkzNTk5LjE3MTc0NzY2NDY.%2A_ga_JLRBBJ6PTP%2AMTcxNzU5MDQyNi4zLjEuMTcxNzU5MDQ0My40My4wLjA&fbclid=IwZXh0bgNhZW0CMTEAAR28VnVNhM7J8OG3Uie-lHTavyrC_3aPM3NQuyqRF_TB24pg1sC0a_hGdsM_aem_AUYWkiUE9XtACvy7SnEv6iIzM08a05xudcRSdTS_OPrNY_n4o9GtrlW3LrMCrqCUwHzRqO2asFEdUElcIqwAWYyc). Any discussions or references to these cases or related matters during this podcast are intended to provide context and should not be interpreted as definitive statements of fact or legal conclusions. Listeners are advised to consult with qualified professionals for any legal or financial advice related to the topics discussed. We make no representations or warranties about the accuracy, completeness, or currentness of any information shared in this episode. By continuing to listen to this episode, you acknowledge that you have read and understood this disclaimer and agree that our podcast, its hosts, and producers shall not be held liable for any damages arising from the use of the information provided during this episode.

Canada’s Youngest Retiree, 50+ Properties, Mentoring Housemate JVs with Mike Rosehart

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What did you do this weekend? Our family made the best with yet another teacher strike day for an over night ski trip at a friend/s cottage. Vacation properties sure do seem like a good investment these days.  Even though this is a highly seasonal business, the income from summers and winter snowmobiling season seem to make it worth it. My friend’s cottage is particularly interesting as it’s a wide lot so she’s looking into having it severed and building a rental property on it.  It’s really interesting stuff to the real estate nerd such as myself. My friend Monica and I are also really into stock hacking so we jumped in on a volatile market on Friday.  Then Monday came and the financial markets pulled back a couple percentage points. It’s days like this I appreciate my very boring real estate portfolio.  Yes I had to order a new dryer over the weekend after one died and it’s a nuisance but the returns have and continue to be phenomenal. But you know what, both investments have way more good days than bad and as I learn more, I’m figuring more ways to add to my income.  Plus all us veteran real estate investors know what we all do when the real estate market pulls back like it did in 2009 and in 2017. That was to buy more as the fundamentals were all in place.  I just look at the traffic on the roads, the packed Go Train parking lots, the packed shopping mall parking lots, my forever increasing rents and prices at all my properties to know where this is going. I actually got into a conversation with a very old friend about his family cottage.  The family sort of lost access to use of the cottage as his brother in law, moved into the family cottage with his young family.  I can’t blame him, he’s young and affordability is off the charts. Cherry and I have personally resigned ourselves to the fact we will have to cover 90% of the housing costs for our kids. I see no other way with the path Canada and the GTA is on.  Job income has kept up with inflation rates but real estate has completely outpaced incomes and inflation. So as long as my kids’ housing is mostly taken care of, they don’t have to be mortgage poor. Life is about living and collecting experiences, not about existing to pay bills. Stock Hacking update.  For those who have followed the podcast for a while you know I’ve been stock hacking since September but didn’t have much in funds or time to focus to trade till after the conference. So since the conference has ended, I am averaging around 11% in the last 11 weeks.  That is gross and not annualized and that is cash money. However, now with the Coronavirus causing all sorts of issues, the market is down over 10% and I’ve given back all my gains and then some. Those are unrealized gains and I have not closed any positions. I’m actually adding cash to my account to enter more positions to take advantage of the eventual return, no different than the housing correction in 2017.  My lesson from the last recession in 2008/9 was we did buy one house, but my regret is not buying more, as you all know what rents and housing prices have done since 2009. In 2017 after the Provincial Fair Housing Plan came into effect, I invested in two houses and suited both basements. It was wonderful to be the only offer on these MLS listings, offering prices below asking and including inspection conditions.  Hindsight being 20/20, these investments have worked out wonderfully as rents are up and my property values are up as prices have now exceeded the peak of 2017 in my market. Back to Stock Hacking, I may have to own some stocks like Microsoft, Nike, and Starbucks. In my humble opinion, they’re not going bankrupt and I’m hoping to get some stock at 20 – 40% discounts. Am I happy about the downturn in the market or my unrealized losses? No.  Do I see this as an opportunity? Absolutely. Here’s a quote that runs through my head in tough times “The stock market is a device for transferring money from the impatient to the patient.” – Warren Buffett. The quote works in real estate too, in my experience, I’ve seen buy and hold investors create more wealth than flippers. We have some exciting announcements coming soon for Stock Hacker Academy: intro to options for non Finance professionals. Cherry and I have been reading books, we each hired a different coach and as always looking to bring everyday people the best of the best to help them be successful. Partnering up with the God Father of selling stock options, we’re going to deliver a brand new Introduction Course.  Stay tuned for super exciting announcements on Stock Hacker Academy 2.0. In other news, following the completion of the Advanced course, Cherry and I and iWIN have no future plans to partner on projects with Theta Trading Co, Matthew and Omar.  We would like to take this opportunity to thank them for their efforts and wish them all the best. I’d like to also say thank you the fans of this podcast for attending our Free Training Classes on the #1 Real Estate Investment Strategy. We just had our fourth sold out class and we’ve only just started March.  I’m especially honoured by the attendees who made it all the way from Ottawa, Ontario to attend the class. FYI that’s a five hour drive. Another young lady choose to fly in. Sometimes I forget to appreciate the vast amount of knowledge and quality delivered in those free 90 minutes and it was great to meet fans of this podcast in person.  For now these classes are free and I personally attend them so if you want to come by say hi, learn the #1 investment strategy that is practiced by all the top investors I know including today’s guest then you’ll want to sign up at https://www.investortraining.ca/freeclass And yet another cool announcement, I’m speaking at this year’s Haste & Hustle event in Toronto on Wednesday April 1st. I get to share a stage with Sir Richard Branson. No joke! The speaker list is a knockout lineup of entrepreneurs and change agents sharing their insights and experience. Click here to get your ticket and use the code WEALTHHACKER for 15% off. Haste & Hustle is Shauna Arnott’s big event. Shauna also helps us with the Wealth Hacker conference and we’re so thankful to have her on our side.

Canada’s Youngest Retiree, 50+ Properties, Mentoring Housemate JVs with Mike Rosehart

On to this week’s show! “Mike Rosehart is Canada’s Youngest Early Retiree, an Ivey Business Graduate, Youtube Social Media Influencer, Entrepreneur, and a Real Estate Investor in London, Ontario with an 8-Figure real estate portfolio comprising of over 50 buildings. Mike is an expert Joint Venture Strategist with a wealth of experience in finding off market private deals, flipping, renovating, and managing the bottom line – focused on cost control and maximized return on investment. Starting from humble beginnings without a dollar to his name, Mike bought his first property at 19 and built his portfolio up to over 17 properties by the age 24, using the BRRRR Real Estate Snowball Method. He retired from his day job as a Senior Analyst in IT Business Consulting in 2017 and has been enjoying Financial Independence ever since. Mike believes ANYONE can unlock F.I.R.E. and that Real Estate is one of the best vehicles to expedite the journey to freedom and maximize returns through leverage (cheap debt). Mike believes the secret to building wealth is simple: Spend Less, Earn More, and Maximize Returns on the difference.”
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To follow Mike:

Instagram: https://www.instagram.com/mikerosehart/ Facebook: https://www.facebook.com/mike.rosehart Youtube: https://www.youtube.com/channel/UCe56q2OeCxBHreMzwiK82Ig

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/

Full Time Investing in a Dozen Properties Per Year and Updates with Ryan Carr

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Hello Wealth Hackers! Happy (belated) family day and for my fellow Ontarians, happy strike and PA days.  I do have to start off by saying thank you to my public schools and teachers.  We have more labour peace when I was going to school and because of it, I know how to ski.  My parents didn’t ski so it was our public school that took us skiing and organized our lessons.  I mention it because I’m just getting back from a four-day week that included yet another PA and family day at a friend’s cottage in Huntsville.  I’m not a fan of winter cold but enjoy sports and being outdoors.  More importantly I want my kids active and knowing how to ski so they can ski with friends when they are older.  Cherry my wife signed the kids up for lessons and they both did great. Cherry got lessons too as this is I think her third time on skis. Learning to ski as an adult is way harder. With our largest mass, gravity pulls us down the hill faster and higher center of gravity makes balance harder and the falls much worse.   OK, warning, proud parent moment.  My oldest Robin was phenomenal. By the 2nd day she was skiing down entire runs independently.  By the third day, she was learning how to do parallel turns and we rode the “red” chair lift together a few times  which was significant as it went to the more challenging runs and away from the beginner hill where all beginners were learning to ski.
While riding the chair lift together, we had some time to chat, I explained to Robin how proud of her I was.  She was proud that she’s better than her mother, I explained she’s better than I was at her age but she needed context.  Robin had three, one hour long private lessons in three days. Mom and dad never had the same privilege. None of her grandparents ski nor took us skiing so I learned in group classes at an older age on school trips.  I asked her if she thought group classes or private lessons are better and which cost more. She replied with the correct answer, I told her it’s the same with her private swim lessons and I let her know how her parents didn’t have the same opportunity which is why she’s the better skier. Stock Hacking update.  For those who have followed the podcast for a while you know I’ve been stock hacking since September but didn’t have much in funds or time to focus on trading till after the conference so since the conference has ended, I am averaging around 11% in the last 11 weeks.  That is gross and not annualized and that is cash money. I can spend these returns. Understandably I am extremely happy with these results and am inspired by the students of the Stock Hacker Academy. Stay tuned for the next course offering!  I’d like to say thank you the fans of this podcast for attending our Free Training Classes on the #1 Real Estate Investment Strategy. We just had our fourth sold out class and it’s only mid February.  I’m especially honoured by the attendees who made it all the way from Ottawa, Ontario to attend the class. FYI that’s a five hour drive. Another young lady choose to fly in. Sometimes I forget to appreciate the vast amount of knowledge and quality delivered in those free 90 minutes and it was great to meet fans of this podcast in person.  For now these classes are free and I personally attend them so if you want to come by say hi, learn the #1 investment strategy that is practiced by all the top investors I know including today’s guest then you’ll want to sign up at https://www.investortraining.ca/freeclass

Full Time Investing in a Dozen Properties Per Year and Updates with Ryan Carr

Speaking of #1 Investment strategies, this week’s guest has done plenty of basement apartments, probably a few dozen over the last few years.  Ryan Carr is a full time real estate investor who’s big on the math of real estate. What folks may not know is the way he runs his business is highly calculated hence I wanted Ryan on the show to share: from leaving his job as a mechanic to be a full time investor, to hiring several full time staff, to scaling up his business to around a dozen or more property acquisitions per year.  Properties including multi-family, in fill development, tiny homes, coach houses, and vertically split duplexes. Ryan has a great business I think many could model how to build and scale their own businesses so without further ado, I give you Ryan Carr.
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To follow Ryan:

R.W. Carr Investment on Facenbook: https://www.facebook.com/rwcarrinvestment R.W. Carr Investment website: http://www.rwcarrinvestment.com/ R.W. Carr Investment on Instagram: https://www.instagram.com/rwcarrinvestmentco/?hl=en

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/

Investing For The Golden Years, Applying to Live in Space with Karen Cumming

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This is a real estate podcast so I guess I should talk about real estate once in a while 😊 Cherry and I purchased the biggest real estate deal we’ve ever done. A commercial office condo in Oakville that will be home to our businesses in Accounting, real estate and Stock Hacking to meet with clients, host meetings; teach, network and coach current and future wealth hackers.  We’re playing with names such as the iWIN Hub. A coming together, one stop shop of awesomeness in the most effective ways to invest. Commercial office space is a different investment.  We got a great deal on our space, it’s over 4,000 square feet and as we duplex most of our investments, we have doctor tenants who currently rent half the space to help cover our mortgage.  As this is the biggest investment we’ve ever made, it’s also the largest and most expensive long term mortgage we’ve taken on. Like all investments, we are excited, overwhelmed, and scared.  Yes scared. It’s not like our regular residential real estate where we renovate to suite basements or make ready for university students and the rents cover all our expenses leaving us with cash flow. In this case our businesses have to generate additional income to cover the majority of the mortgage payments plus all the operating costs of a commercial space. Plan B if we fail is a sizeable negative cash flow if we had to rent out the space.  The combined rent would not come close to covering just the mortgage. Plus we would likely have to redo our already expensive mortgage for a more expensive mortgage if we the owner did not occupy the space. Like any and all investments we’ve done such as the Wealth Hacker Conference, the ugly house with bad electrical and leaking basement I didn’t have inspected, bought firm without Cherry knowing.  And the next Wealth Hacker Conference this coming November 2020, we move forward in fear. Our vision of helping 10,000 Canadians become millionaires by investing in real estate and stock hacking is bigger than our fear. My goal of leaving $10,000,000 to the Hamilton Basket Brigade is bigger than my fear so we push forward through fear.  That same $10,000,000 we leave to our registered charity will be invested via stock hacking to provide a 10% yield of cash flow to provide the poor children of Hamilton warm clothing, food and toys each holiday.  10% of 10,000,000 is one million dollars. So what if we are afraid? The outcome is bigger than our fear and we don’t 10X without this risk. The great thing is I know we’re not alone. I have an unbelievable partner in my wife Cherry, my team at iWIN Real Estate.  Cherry’s team as her Accounting practice. We have all our clients, students of Stock Hacker Academy, attendees of the Wealth Hacker Conference who hopefully will tell a family member or friend about this podcast if they want to take control of their financial future. Or if they are beyond the interest stage and want to learn more, we are currently offering FREE training classes on the #1 investment strategy.  The same strategy that’s been discussed a million times on this podcast and practised dozens of times by our clients, my team and myself personally.  These classes are newer so they will be free for now but we will be charging soon so please don’t delay, we sold each and every class in less than 48 hours.  The first two were an hour and three hours each… all the Feb classes are sold out so don’t delay.  Go to https://www.investortraining.ca/freeclass

Investing For The Golden Years, Applying to Live in Space with Karen Cumming

This week’s guest is friend, real estate client, Stock Hacker, iWIN Member Karen Cumming You may remember Karen Cumming from the decade she spent as a television reporter at CH-tv – a station based in Hamilton that also serves Niagara and the GTA.  Years before that, she worked as a radio newscaster and talk show producer everywhere from Hamilton to Toronto to Montreal with CHUM Radio and Corus.   There’s a good chance you may have heard her name thanks to something that has nothing to do with media, though, and everything to do with space. A project, in fact, that is literally “out of this world”. Karen is one of what’s known as “The Mars 100” – 100 people from around the world who have made it to the final round of astronaut selection in a legitimate mission to colonise the red planet with a company out of the Netherlands known as Mars One.  Long before her space adventures, Karen became involved in real estate investing back in 2008.  You remember – the year the markets tanked. The year “the experts” would have said no one should be putting their money into property. Despite all of that, she bought a single family home in the Old South neighbourhood of London, Ontario.  Soon after, she joined the Real Estate Investment Network – “REIN” – in order to learn what she needed to know about becoming a successful landlord.  Almost twelve years later, she now also owns a freehold townhouse on Hamilton mountain, and a single family home in the lower city of Hamilton… and is one of the original members if iWIN. Today, Karen is a freelance journalist, health promoter and teacher who writes about mindful living, meditation and self-care at karencumming.com. Here’s where things really get interesting.  Karen has an extra special reason for investing in real estate now, thanks to a life experience she recently went through. She has seen the inside of Ontario’s long-term care system up close and personal, and understands more clearly than ever the need to be financially proactive and prepared for the final stage of life.  Earlier this year, she and her sister Pat guided their mother Verna through that system, and were stunned to realise how little they knew about how it works. They felt ill-informed and ill-equipped to make the decisions that had to be made.  And they knew that they weren’t alone. Thousands of baby boomers across Ontario are in the same boat. In the end, they decided to write a book designed to help other families on their own journey with an elderly parent.     It’s called “The Indispensable Survival Guide to Ontario’s Long-Term Care System” – now available on Amazon.ca, chapters.indigo.ca, Kindle, Kobo and Smashwords. Karen …. Welcome to the podcast.
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To follow Karen:

The Indispensable Survival Guide to Ontario’s Long-Term Care System: Practical tips to help you and your family be proactive and prepared by Amazon.ca Learn more: https://www.amazon.ca/dp/022882091X/ref=cm_sw_em_r_mt_dp_U_aIcrEbGXS5VHH

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: infinitywealth.ca – 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/

Ecommerce vs Real Estate vs Stock Hacking with Chris the Captain Hook

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Hello Wealth Hackers!! Tonight is date night!! Yes, tonight Cherry and I will have our schedule date night tonight and I’ve planned for us to become Marvel Avengers to save the galaxy from whatever galactic evil is trying to destroy earth.  In virtual reality 😊 No I’m not crazy, not more than usual. If you’re not familiar with virtual reality games, we’re going to Rec Room, a Chucky Cheese for adults with games, food and drink.  For this particular game in virtual reality, we wear a headset with a display and earphones to immerse us inside a game as if we’re in this virtual world.  I just watched the trailer and it looks like we get outfitted with Black Panther suits and fight Ultron along side all my favourites: Hulk, Spiderman, Iron Man, etc… What’s funny about super heroes is they are all reluctant heroes.  At some point, the all gave up their responsibilities that come with great power. As you know, I adore super heroes, of course I have no power but one day a switch went off in side me I had to stop playing small in order to help more people.  It’s partly what drives me to make this world a better place through educating every day Canadians to take control of their financial futures. And of course to fight my arch nemesis: child poverty and hunger via our registered charity the Hamilton Basket Brigade.  It’s not easy but someone has to do it. If anyone out there is looking for a romantic partner, this is how supportive my wife Cherry is of me.  Tonight at 6:30pm at the Mississauga Library, we have another sold out free training class with 85 registered to learn about #1 investment strategy of basement apartments.  We practice it. It’s the highest return on investment strategy there is. My team and I have implemented dozens of them ever since they were made legal and likely to have done more of them in our target investment neighbourhoods than anyone else. Cherry is so supportive, she’s coming with me while I give my portion of the presentation then we may go on our date night.  Cherry values date night over gifts so this is really important to her but she’s willing to make this sacrifice for my business.  Pretty cool eh! If you’d like to be at the next free training event on the highest ROI strategy please going our invite list at https://www.investortraining.ca/freeclass.

Ecommerce vs Real Estate vs Stock Hacking with Chris the Captain Hook

Today’s guest is Chris “The Captain” Hook, our friend and client since he met him back in 2012 when started investing in real estate.  His journey in Real Estate Investing began by being fear stricken at purchasing a Stoney Creek Townhouse for $214,000 because it would only cash flow $100-$200.  Fast forward to today and this same townhouse is selling for $399,000. The moral of the story, don’t be stricken by fear as it will cost you. Since then Chris has tried several different real estate investment strategies, such as: RTO, flipping, regular buy and hold, legal second suites and student rentals.  His current portfolio consists of 2 legal duplexes and 1 in the final stages of being converted. Real Estate has allowed his wife to stay home and raise the kids, while trying to start a business of her own. As he looks to continue to grow his portfolio through joint ventures and one day getting involved in a development opportunity, he is also looking at alternate ways to generate income with the ultimate goal of being able to leave his corporate job so that he can spend more time with his family, travel more and play more golf.  Some of the other methods of generating income are through options hacking, launching an EComm business and getting his real estate license.
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To follow or Connect with Chris:

Facebook: https://www.facebook.com/chris.hook.14203

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: infinitywealth.ca – 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 to Build a House in 30 Days with Kaush Nanubhai

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Hello Wealth Hacker Nation!! We had our first free training class teaching the number one real estate investment strategy this past weekend.  The first class sold out in 30 minutes which resulted in a wait list of over 250. We then sent an invite just to the waitlist for class #2 which sold out in hours.  Numbers 3 and 4 will also be to the waitlist and by then hopefully we can offer up free training classes again to all of you on my email list again. At the class, my team shared the how to’s of investing in real estate specific to basement apartments, a strategy implemented by almost all guests of this podcast, myself personally, and the majority of our clients at iWIN Real Estate.  In case anyone does not already know, I own a real estate business that helps everyday people from the Greater GTA invest in real estate. We treat our clients like family setting them up with the same power team of professionals we use personally to give the highest probability of success.   If you or your friends and family are interested in learning the best practices on investing with the four time Real Estate Agent of the year in 2015, 2016, 2017, and 2018.  Add to that all the lessons we’ve learnt from over 100 of the top investors in the country from producing this podcast. We’ve helped people with no experience grow to portfolios of ten or more properties.  If interested, you can register at www.investortraining.ca/freeclass

How to Build a House in 30 Days with Kaush Nanubhai

Speaking of successful clients, we have Kaush Nanubhai returning to the podcast.  When we first met Kaush years ago, he had a full time job in Toronto and was stuck in analysis paralysis for close to two years before buying his 3rd investment property after a long hiatus from buying two condos in downtown Toronto.  Fast forward to today, he’s quit his day job and gone full time real estate investor. Kaush is here to share about the transition to full time investor and his latest project: an infill development where he bought a house, renovated the basement for a legal basement apartment then severed half of the lot to build on it a modular home that took only 30 days to deliver.  The house is currently being finished on the inside, including adding a basement apartment. This basement apartment strategy sure is popular!! Without further ado, I give you Kaush Nanubhai.
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To follow up with Kaush

Email Address: knanubhai@gmail.com

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: infinitywealth.ca – 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/

Lessons From 8 Years of Teaching Real Estate with Elizabeth Kelly

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Hello Wealth Hackers! Getting motivated is like showering, you have to do it regularly for it to be effective.  I’m paraphrasing what my friend Russell Westcott shared with me so I thought I would share this quote that meant a lot to me after reading on social media how humble it is to NOT broadcast one’s charity efforts… “Your playing small does not serve the world. There is nothing enlightened about shrinking so that other people will not feel insecure around you. We are all meant to shine, as children do. It is not just in some of us; it is in everyone, and as we let our light shine, we unconsciously give others permission to do the same. As we are liberated from our fear, our presence automatically liberates others.” — Marianne Williamson For you wealth hackers who are scaling up, you can’t possibly do so without getting attention. You need attention from potential joint venture partners, private money lenders, for hiring team members, or finding buyers for your wholesale deals.  If you plan on scaling up, you need to put yourself out there, including your charity work.  To each their own. If they want to share publicly what they do with their charity efforts, that’s OK. Making anonymous donations is totally fun, too. If you’ve never done it, try it. It’s not hard to scroll through social media to find a worthy cause.  A friend of a friend told me once how their gym friend is a single mom who has a great daughter. As all parents do, they want their kids to have opportunity, this young lady loved hockey. Hockey is expensive, so what did this friend of a friend do?  They offered mom gift certificates to pay for hockey equipment. She declined. The donor then reached out to the hockey coach and mailed him the gift certificates under the agreement he would remain anonymous to the child.   Here’s a note from the single mom, “Her first game going into the arena was such an awesome moment for both of us and her last game (which turned into 2) was so awesome! She showed such bravery but wanting to try goalie again and for another team of people she did not know! It was a very proud momma moment and one which I know will continue to build her character in all the important ways. Thank you so much for the role you played in this, it really means a lot to us (she still doesn’t know it was you).” Needless to say, this friend of a friend was happy to play a small part. If you ever want to lead, leading by example is one of the best methods.  And if you ever post anything on the socials with you doing something awesome, know that you inspire me. No idea where I was going with that but let’s talk about kids. My daughter received a small digital camera for Christmas. She loved it.  Loved as in past tense because I took it and hid it from her when she wasn’t looking.  The camera comes with some retro, basic games including a snake. If you owned a cell phone from around the year 2000 you know what I’m taking about where you control a snake to eat food while avoiding walls and your own tail. Anyways, my daughter was obsessed with the camera and when she didn’t have it, she wanted it.  She’s like her dad in that I’m addicted to my smart phone and social media. I’m not happy with my own issues nor do I want my kids to be addicted to screen time like their old man. So I hid the camera and my daughter’s attitude and emotional control immediately improved.  We found the same to be true when we got home from the cruise ship eating a diet free of regular ice cream. See problem, fix it. My kids get very little screen time each week. Almost none during school days which is why my son was able to sit with Cherry and I while having lunch with Greg Habstritt for two hours last week.  He had his toy monster truck and sat quietly taking in his new environment. Now, I have no idea what I’m doing as a parent. I’m hardly well read in this area, but one of my neighbours is a Psychiatrist at our school board. ADD and related drugs prescriptions are on the rise, so Cherry and I will do what we can to raise healthy kids.  Including leasing a minivan without the tv package the car sales person told us was a must. Like anything else us wealth hackers are faced with, see problem, create solution.  Don’t want to work forever or retire broke, hustle today to invest for the future, however you know to best invest.  Including investing in coaching which leads us to this week’s guest Elizabeth Kelly.

Lessons From 8 Years of Teaching Real Estate with Elizabeth Kelly

Elizabeth is a friend, Real estate investor for 15 years, specializing in Buy, Rent and Hold, Rent to Own and Flipping strategies.  Legacy Trainer for 8 years, Investment Coach for 4 years, Founder of Sandstone Property Management (Kirkland Lake), Member of the Executive Advisory Council for Ontario Landlords Watch. I give you, Elizabeth Kelly.
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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 go deep.  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…
  • 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: infinitywealth.ca – 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/

Cash Flow In Toronto, Executive Condos, Triplex Conversions with Ming Lim

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Hello fellow Wealth Hackers! We have exciting news relating to the Wealth Hacker Conference coming soon! We are about to sign our super amazing keynote speaker and venue, we’ll release details and early bird priced tickets soon. The feedback was off the hook, we received over 300 comments, emails, DM’s on how it was one of the best conferences they’d ever been too. Even from veterans of real estate conferences who had been to dozens of them.  If you ever doubt yourself, that the David within you can’t beat Goliath, just look to the Wealth Hacker Conference Cherry’s an immigrant to Canada at 16, her parents literally made all their money with their hands, hard work and hustle to put her through school.  I’m a child to immigrants, a mediocre student in school, and this was our first conference on a whim. The biggest investment of time, money and grief in our lifetime. I still question why we want to do this again! 😛 Anyways, Cherry and I have a goal to eat even healthier and cleaner. My picky ass wants better tasting food too so I’ll eat more (I was under-eating for quite some time by not taking the time to prepare more food and by not sitting an eating properly). As with anything, if you don’t like reality then change your reality. We hired a personal chef to cook our meals for us for the week, choosing only fresh and natural ingredients with quality products and cooking oils. Poor quality anything equals trouble for my weak stomach. Needless to say, this is the best lunch and dinner I’ve had at home for some time. The food lasted us a full week, as we still do eat out time to time. Well worth the investment! Added bonus is Chef Roxy is a Red Seal Chef who is a dynamite shopper who gets all the best price matches. We pay an hourly rate, this took Roxy 4.5 hours and cleaned up after herself. This would have taken me 9 hours and the kitchen would still be a mess! LOL. The pictures and videos are on my Instagram and I recommend you do not look if you are on an empty stomach!
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Cash Flow In Toronto, Executive Condos, Triplex Conversions with Ming Lim

On to this week’s guest. He’s an old friend from REIN and his name is Ming Lim.  He’s a real estate developer, investor in Waterloo and Toronto, Realtor, smart guy who just left his full time job to be in real estate full time.  I know a lot of you out there are looking for a path out of your full time job and Ming is here to share his along with how he’s able to cash flow in Toronto. Ming and his friends are also hosting a conference that’s coming up really soon, February 1st. He’s here to share about that too. Details are (below) in the show notes so go check them out. Website is www.volitionprop.com/quickstart
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Contact Information:

Email Address: ming@volitionprop.com  Web: www.volitionprop.com  Instagram: @investorming

Volition Properties’ Quick Start Conference:

For full details go here: http://www.volitionprop.com/quickstart/ Discount code to make it $99: early51 Date And Time Saturday, February 1, 2020 9:00 AM – 5:00 PM EST Location Ryerson University 245 Church Street

Where Should I Invest?

Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place. We’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast. I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors from the Real Estate Investment Network and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want, but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients featured on this podcast will even make an offer conditional on a home inspection so they can beat the competition and have a chance to view the property before making a final decision. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants who never call you. You can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests, Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: infinitywealth.ca – 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: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

$600,000 in 6 Years Part Time with John Roumanis

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Happy New Year Wealth Hackers!! We are back after a well deserved vacation and holidays!!  In early December we took a trip down to New Orleans, Louisiana for a day before hopping on a nine day cruise in the Carribean.  Yet another amazing trip, we went to Jamaica, Belize, Grand Cayman, Mexico, and Honduras not in that order. Some of the highlights were visiting an animal rescue with monkeys, Scarlet Macaw’s, hugging a sloth, feeding iguanas and ocean carp, relaxing on beautiful beaches, visiting a turtle farm and getting into a wading pool with the kids to pet sea turtles. In true frugal nature, we booked all these excursions privately as in not through the cruise ship.  With cell phone roaming being so much cheaper than the old days, I was able to research the top touristy things to do and we took taxis or public transit to keep costs down.  But cost money everything did. I have been doing a lot of thinking about the psychology of money lately.  What is it people think about money for example those old sayings: “the best things in life are free” or “money can’t buy happiness.” What is the truth about these statements?  I believe both are partially true and there is a spectrum of how true each statement is to each of us.  Lots of great things are free like sunshine and public beaches. What isn’t free is the car and gas it took to get to the beach. Then the picnic you packed, it’s less expensive but hardly free.  Then if you’re a hard core parent and buying everything organic the costs go up. It’s true that money can not buy happiness BUT, big but, once you progress from being broke, to getting by, to financial security, to independent, to financially free where you no longer care about prices on the menu at a nice restaurant.  That would make me happy. Our cruise trip was hardly free and we could not possibly replicated fun in the sun here in snowy cold Canada. Speaking of money, while on the trip, whenever in port and my data roaming was available, I would stock hack.  For the week and a half that I was away, I earned just over $1000 in a week in a half with a $60,000 bankroll. It’s still a small bankroll while I wait for my corporate account to be opened to stock hack even more as I pursue earning six figures in 2020 in only 30 minutes per day. I personally really enjoy stock hacking as I find it fun like playing a game but I’m getting paid.  Also reading on economics and business helps with my real estate as I follow the geopolitical stuffs going on in the world and how it ultimately affects our Canadian real estate. For example, conflict in the middle east is a risk to oil supplies causing the price of oil to go up. Canada has a lot of oil that we export. More exports is good for our economy. The better our economy, the more incomes go up and as incomes go up, rents and real estate prices go up. I’m over simplifying and we need to see significant increases to oil prices but I hope you get the point. I wake up each morning excited to see what’s going on in the markets and can’t wait to try to get this income stream anywhere close to my real estate investments. Real estate does indeed offer a higher return with more effort however I truly find stock hacking and real estate go wonderfully together.  If you’re interested in learning more, keep an eye out for the next beginners program which is delivered live and in person. The online program will be launched in Q1 however in person is always best for learning in my opinion as you’re attention will be undivided and you’ll meet and network with other like minded investors.  At the last event, a friend of mine, a real estate investor connected with a doctor also in attendance with significant funds and wanted to JV in r8eal estate. They booked a meeting. These opportunities only come live and in person, not online. Speaking of real estate, my last acquisition, a house in Hamilton near McMaster University is now leased for the May to April 2021 school year.  I’m super excited as we set some new market highs in rents getting $650 per room above grade and $550 for basement rooms. I was proud to walk the students and parents through the house pointing out all the renovations, brand new electrical, the renovation permit, where we went above and beyond to cancel noise and create fire separation.  Plus an egress window in the basement which is not required as we don’t have a kitchen in the basement. The feedback was excellent, questions and objections were limited and that’s what happens when you put in 110% into a property and can be proud of the work. Thank to you Manny and Matt Cabral for the renovations. If you’re looking to earn more active income in real estate in 2020, we at the iWIN Real Estate team are growing.  From the success of the Wealth Hacker Conference and our membership group, we could use more help servicing our real estate clients.  If you are looking to be more involved in investment real estate, have your Realtor license, you have a great attitude, already own some investment property, highly motivated and live west of Toronto, let me know you are interested.  DM me, call me, email me your resume at iwin@infinitywealth.ca and let’s talk about how we can help even more people be successful investing in real estate.  Making a difference in peoples’ lives.   If you’re a real estate investor looking to learn from the #1 investment strategy in real estate, the same strategy I’ve repeatedly done for the last few years the produces the highest return on investment, keep an eye out on your inbox for our new Free Training Classes.  If you’re not already getting my podcast to your email and show notes to your inbox letting you know when new episodes of this show are out that’s just silly. Go to www.truthaboutrealestateinvesting.ca/ , enter your name and email on the right to be notified of our free training event where we teach the #1 strategy that has been discussed on this podcast by professional, full time investors almost every week.

$600,000 in 6 Years Part Time with John Roumanis

This week’s guest knows all about maximizing return on investment and just as important return on time.  John is an old friend, a very successful part time investor in Hamilton and the Niagara Region as he has a full time job in Toronto that he loves.  This recording was originally done in 2017 and is the #1 downloaded episode of all time for this show. For those who want real estate as a side hustle, that’s totally fine. So without further ado, I give you John Roumanis. 
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Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Collecting a Million in Rent, Starting at Age 26 With Evelyn Lamarsh

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Yes!! I finally bought myself something I’ve wanted for ages!! A Sony PlayStation 4. It’s been on my Amazon wish list for a few years and I finally pulled the trigger and now giving it away.
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As the holiday approach, we at the Hamilton Basket Brigade are into full swing to answer the wishes of 30 in need families in Hamilton. How do we find the families? We go to the public and catholic elementary school boards and ask them to give us their families who have it worse than anyone else. We’ve had a long working relationship with both wonderful, very supportive school boards, administration and teachers. As much flack as the teachers and schools get in the media… in our experience, they go above and beyond to help us help those in need. As the saying goes, it’s better to give than receive, and a family of six that just lost their dad will enjoy this more than I will. Hopefully they can at least enjoy a mental escape for a few hours. I know how much getting a Nintendo from my parents meant to my brother and I when we were just kids, and for me to gift the PS4 to someone else in need means more to me than enjoying playing games myself. Plus video games will kill my already terrible productivity. 🤣 Anyway, the Leonard family (not their real name) just lost the man of the family, the sole income provider, leaving behind mom and six kids (including 2 under the age of 2). As the President of the Hamilton Basket Brigade, as tradition, my team assigns me a special case for whom the budget needs to be broken for and we did just that to the tune of 3X. Cherry and I will donate the 2X so the charity stays on budget. As usual, I didn’t tell Cherry about my spending spree until after and, to compensate, I explained the PS4 is something I always wanted, it’s for me, the only Xmas present I want, and it’s my preference to give it away. Call me nuts but whatever, I’ve always preferred to give than receive. Other stuff for the Leonard family: laptop, hover board for the only daughter, clothes for the whole family. Toilet paper (it was on sale at Costco so why not). For anyone who still thinks money is the root of all evil… well, I don’t know how else these gifts get in the hands of those who need it most. Get your mindset right on money. If you’re a good person, get more of it to give away. As always, actions speak louder than words, so I’m not bragging but rather stating facts. On behalf of the Wealth Hacker Conference, Cherry and I have donated $10,000 to the Hamilton Basket Brigade and will make a 2nd installment of $20,000, for a total of $30,000. We are now 75% of our annual operating budget and we proudly retake our position as the number 1 donor of the Hamilton Basket Brigade. It was no easy feat as our friends Matt Green and Scott Dillingham are extremely generous individuals. One a successful entrepreneur, the latter an ultra successful mortgage professional and real estate investor. Only those with wealth are able to make such sizeable donations. Special thanks as well to James “MBM” Maggs VP of iWIN who firmly holds 4th place on the all time donations list. As Mahatma Gandhi said, #bethechangeyouwanttoseeintheworld  If you’re looking to earn more active income in real estate like a James MBM Maggs, the iWIN Real Estate is growing.  From the success of the Wealth Hacker Conference and our membership group, we could use more help servicing our real estate clients. If you are looking to be more involved in investment real estate, have your Realtor license or looking to get one, you have a great attitude, already own some investment property, highly motivated and live west of Toronto, let me know you are interested. DM me, call me, email iwin@infinitywealth.ca with your resume and let’s talk about how we can help even more people get into investing in real estate.  Making a difference in peoples’ lives.  

Collecting a Million in Rent, Starting at Age 26 With Evelyn Lamarsh

On to this week’s show!! We have a special guest in Evelyn Lamarsh.  Evelyn, who was on stage in front of almost 1,600 at the Wealth Hacker Conference and is one of my first clients, emailed me this morning: “Hey Erwin, Just for fun I keep track of my total rents paid over the years. As of this year, tenants have happily paid me over one million dollars in gross rents! 🙂“ Whenever I hear people tell me their reasons they can’t or don’t invest, I think of this 26 year old, single woman will a small amount of life savings who pushed herself out of her comfort zone and bought a century home with a spotty roof, leaky basement, knob and tube wiring, in a historically rough area, and a street that shared the same address as many of the steel mills in Hamilton. Evelyn had the courage to push through all the reasons in her head why she shouldn’t buy this house. I’m sure many non investors told her she was crazy and she did it anyways.  For those who invest in the West Harbour of Hamilton know how history went, that same house has nearly tripled in value and this is Evelyn’s story via flash back to this episode we recorded in 2016.  She’s since acquired more houses for a total of ten, with plans for more in 2020. More importantly, husband Mike was able to retire from his job as car mechanic to work a 15 hour work week to maintain the properties and spend lots of time with their two young kids. This is the truth about real estate: a 26 year old woman, on her own, can go onto accumulate a portfolio of ten cash flowing properties. I proudly present to you, our super star client, Evelyn Lamarsh.
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Website: www.thewindrosegroup.ca Email Address: investor@windrosegroup.ca Facebook: https://www.facebook.com/TheWindroseGroup/ LinkedIn: https://www.linkedin.com/company/the-windrose-group-a-mortgage-alliance-team/?originalSubdomain=ca Twitter: https://twitter.com/windrosegroup Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/