Welcome to another episode of the Truth About Real Estate Investing Show for Canadians!
Have you seen the Squid Game? It’s the Korean survival drama series on Netflix everyone can’t stop talking about it.
Well, I watched two episodes with my little cousin, who dropped by for dinner on Sunday for reverse-seared steaks.
After finishing the 2nd episode, I decided I’d seen enough and went on to “spoil” the rest of the season by reading the show summaries on Wikipedia.z
I’m a big fan of Wikipedia; hence, I make annual donations to them so they remain independent and free of clickbait, agenda/fake news.
Anyways, I generally avoid TV series to save my time.
I don’t binge-watch most stuff unless it’s a new Marvel or Star Wars series :)… or something on Disney plus, but only for research purposes as I’ve been Stock Hacking Disney.
To reduce my guilt in watching TV, I’ll watch while working out on my Peloton stationary exercise bike or doing one of their routines or stretches.
Full disclosure: I own shares in Peloton and stock hack them too.
I think it’s such a great product and service because I can get an efficient 20-30 minute workout from home.
It’s in my nature to be efficient with my time and money and That’s why I’m always searching for best practices in all areas of my life, including in business, investing in real estate, Stock Hacking, etc.
I imagine you and I have that in common since you’re investing in real estate and stocks… So the question is, how else do you make money in your sleep?
Speaking of investing, Cherry and I bought another property. Unlike our last purchase, this property is a commercial office, as we need more office space.
The decision to buy came down to our rent expense. It would be similar to what I collect in rent for my duplexes in Hamilton, but the price to buy is quite a bit lower.
My opinion is we’ve passed the bottom for quality commercial office space here in Oakville, Ontario… And we got a pretty good deal!
Thankfully, my wife Cherry is both our Accountant and working with the Business Development Bank of Canada (BDC), for a very favourable mortgage for us as they’ve been great to work with in the past.
I’m managing the renovations, and that will take at least two months to complete as we’re taking out some walls.
Fun fun, and like Cherry and I discussed the other day, when will things ever slow down? Unfortunately, we don’t have an answer for that! LOL.
On to this week’s show!
From Truck Driver, Shy Guy To Influencer and Raising Capital on Instagram With Mike Ferreira
We have one of our real estate clients in Mike Ferreira; an admitted introvert and shy guy.
He’s a full-time truck driver for the Beer Store, but one day something switched… Mike started making educational videos on real estate and posted them on his Instagram.
Then what do you know, someone approached Mike at a party, asked him for a meeting. He was ready to joint venture with him as a silent investment partner to buy a property together.
Mike shares his journey, the numbers on his first and most recent investment property, working with Coach Tammy “the Duplex Queen” Ditomaso on my iWIN Real Estate Team.
Also, as this is the Truth About Real Estate Investing Show, Mike shares about the basement from Hell… how appropriate for Hallowe’en 🎃.
From one shy guy to another, I’m super proud of Mike, and I hope you enjoy the show!
Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA.
This is for driven folks who want to multiply their current incomes.
APPLY HERE: https://www.infinitywealth.ca/hiring
To Follow Mike:
HELP US OUT!
BEFORE YOU GO…
If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.
It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.
If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success.
New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.
We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best. In 2018, we again won the same award by the Real Estate Investment Network.
Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment. Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you.
I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics. The intersection of the two, talent and ethics is limited to a handful in each city or town.
Only work with the best is what my father always taught me. If you’re interested, drop us an email at firstname.lastname@example.org.
I hope to meet you at one of our meetups soon.
Again that’s email@example.com
Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.
Just imagine what winning in real estate could do for you.
If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at firstname.lastname@example.org.
Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.
Till next time, just do it because I believe in you.
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.