Hello friends, and welcome to another episode of Truth About Real Estate Investing Show for Canadians.

We are a show all about truth-seeking from leading investors who have demonstrated repeatable, systematic success.

To get the most from this show, one has to have an open mind and be interested in continuous learning.

For me, I’m currently reading Annie Duke’s “Thinking in Bets: Marking Smarter Decisions When You Don’t Have All The Facts”. Annie is a Poker champion with a Ph.D. in Psychology, and I’m really enjoying the book. 

As an analytical thinker who despises risk and an admitted sufferer of analysis paralysis, I enjoy learning more about how humans think and make decisions.

For example, we’re all real estate investors here…

Most of the stars have aligned to make investing in real estate make a ton of sense for investment and, at a minimum, a hedge against inflation and housing affordability for our kids.  

But talk and share as much about real estate as we do, the vast majority of the people we know do not invest as we do.

There are a million reasons not to invest; we all know them and a million more reasons to invest. At the end of the day, it’s one’s values and worldview that drive decisions, not just facts, figures, charts and data.

I know many people who say they won’t invest because of tenant risk, as in property damage and tenant-friendly laws and tribunal.

To the professional real estate investor, we screen diligently, provide a great product, and have the Landlord Credit Bureau to hold tenants accountable to their credit report for both good and bad.

Another common reason not to invest is to avoid debt. 

What’s odd, though, is when I ask how their kids will pay for post-secondary education or professional school like doctor, dentist, lawyer etc., their expectation is for their child to take out loans… 

This brings us to this week’s guest, 26 year old Joe Costanza.

From $80 Thousand to $1 Million Net Worth with 26 Year Old Joe Costanza

When we first met Joe, he was 24 years old and had saved $80,000 from holding down multiple jobs at the same time since he was 16. 

A month later, Joe had his first investment property. 

Recently, Joe was complaining to me about how expensive properties are these days. 

I then asked him to review for me what his net worth is today vs. what it was when we first met… From $80,000 to over $1,000,000 in just two years.

The results are astounding. If you don’t believe me, ask an entrepreneur with a start-up business. Or ask around 30 somethings if their net worth is over $1,000,000.

Add to that, parents who, while supportive in giving young Joseph food and a roof over his head but were not fans of Joe investing in real estate, having tenants and taking on debt.

This is Architect Joe’s story on how he went from $80,000 to $1,000,000.

Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

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

To Follow Architect Joe:

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

Facebook: https://www.facebook.com/joseph.costanza.714

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Who knew Canada was so awesome!?

I heard it many times over this past weekend, and no, we’re not perfect. No one, no where, no investment is perfect. 

Even my daughter’s property that I bought in 2014 for $245,000 plus 150k in renovations and worth $875,000 today, is not perfect. Our upstairs tenant is inconsistent in paying us rent on time; It’s not the end of the world.

Few weekends ago, Cherry and I were up north for a getaway for the entrepreneurs networking group we belong to, and there were over 100 of us. 

We stayed at a Marriott in Muskoka, and the views were spectacular!

While networking with fellow entrepreneurs and enjoying the views and lovely food with too much drink, others regularly shared how much they love Canada and Muskoka.  Folks who travel extensively for business and have seen the world, some even come from poverty, including 2nd and third world countries.

If you haven’t had a chance to network with successful people and have more in-depth conversations, I can’t recommend it enough.  

Our conversations varied from travel to where folks are hiding out for the winter months to raising successful kids.  I even talked myself into a tee time at the prestigious Hamilton Golf and Country Club next month.

Real estate came up in conversation many times as I shared what I do.

Everyone likes talking about real estate. Some have a small handful of properties; most do not invest in real estate beyond their own home.  

Some are hardcore: builders, developers, and one gentleman has a metals recycling business, including owning the property.

What stuck out to me was the younger entrepreneurs in the ’30s and ’40s who do not own their homes and are sharing their struggles in buying property within their budget while facing significant competition from other buyers who bid up prices well above asking and sometimes what they thought was market value.

Compare that to you, the listener of this show, who has taken action over the last five, ten, even two years before the pandemic. 

If you did things right, buying a house likely isn’t a problem for you and when you get a chance, remind your spouse and kids how lucky they are to have you 😉

If you’re on the sidelines, I hope you don’t plan on staying there for very long. 

Sophisticated investors I know, including our clients, are still acquiring investment real estate.  If you have a better answer for all the inflation and money printing going on by governments worldwide, I am all ears.

I have many clients worth more than 7 figure small business owners, except my clients did so as a side hustle.

If you’d like to learn more about how our clients and myself invest, I encourage you to go to www.investortraining.ca and register for one of our events: iWIN Real Estate free training, Street Smart Tours, or networking events. 

Some of our events have a nominal charge, and the proceeds go to charity anyway. So you have nothing to lose, and everything to gain!

Lessons from 500+ Rent To Owns With Rachel Oliver

On to this week’s show!

Today, we have my old friend Rachel Oliver who has achieved massive success via an investment strategy called Rent-to-own, having executed 500+ deals on said strategy.

As always with this show, we look to bring you the leading subject matter experts, and without a doubt, we have one today in Rachel Oliver of Clover Properties.

On this show, Rachel pulls back the curtain on how she runs such a successful business in real estate, how she generates leads for tenant buyers, including 800 applicants in a month, chooses markets to invest in, and how she’s able to help 90% of her tenants buy the house at the end of the term. 

I think Rachel and her husband Neil are great in how they run a win-win-win business – A win for themselves, their investor and most importantly, the tenant. 

Rachel also shares how she became an author, co-host of a television show, and about her extended vacation in Costa Rica.

I hope you enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes.

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

To Follow Rachel:

Web: www.hellocashflow.ca

Book: Rent to Own Essential Guide for Homebuyers: The Key to a Fresh Start and Richer Future: https://www.amazon.ca/gp/product/0992159202/ref=ppx_yo_dt_b_asin_title_o00_s00?ie=UTF8&psc=1

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Hope to see you there!

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

On to this week’s show!

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

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

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

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

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

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

Please enjoy the show!!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

To Follow Kayla:

Web: https://ontariolandlordswatch.com/

Facebook: Ontario Landlords Watch, @ontariolandlordswatchOLW

Email: OLWlandlords@gmail.com

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Yay, it’s election time!

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

I hope you enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

To Follow Mary-Anne Gillespie:

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

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

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

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Hello, Wealth Hackers!

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

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

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

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

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

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

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

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

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

My answer would be the Greater GTHA.

#2 KWC or Ottawa

#3 Vancouver and area

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

The Vancouver area has expensive real estate.

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

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

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

Where am I going with this?

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

This is already in the US called Section 1031 Exchange.

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

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

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

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

On to this week’s show!

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

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

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

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

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

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

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

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

Please enjoy the show!

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

To Follow Kevin:

Web: www.empiremortgagegroup.ca

Email: kevin@empiremortgagegroup.ca

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Hello, my fellow wealth hackers!

I hope you’re enjoying your summer!

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Real Estate Investor Running for Member of Parliament Michael Ras

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

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

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

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

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

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

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

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

I hope you enjoy the show! 😉

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

To Follow Michael Ras:

Web: https://michaelras.ca/

Twitter: https://twitter.com/mike_ras

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

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

How are you? I hope all is well!

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

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

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

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

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

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

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

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

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

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

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

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

On to this week’s show!

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

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

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

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

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

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

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

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

I hope you enjoy the show! 😉

We’re hiring!

Just a friendly reminder that we are hiring for more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

To Follow Joel:

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

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Welcome to the #1 Real Estate Podcast You Must Follow in 2021!

This is the Truth About Real Estate Investing Show, and please don’t take my word for it; feedspot.com listed us on the top of their list of top 40 Canadian real estate podcasts.

I have been podcasting since March 2016, and before that was the Mr. Hamilton Blog for several years. 

No different than investing and the journey to financial freedom; it’s a long game! No overnight success, no get-rich schemes, and it takes a while to build the right mindset.

For me, I like to attack my challenges…

When I became a Realtor, I went all-in on sales and negotiation training. Then, as a real estate investor, I joined the top real estate network and missed three meetings in ten years.

I also faced my fear of heights head-on. My legs used to turn into limp noodles when standing on a 10th floor balcony of my aunt’s condo. Then, looking over the edge was an ever greater challenge.

Fast forward to today, I’ve complete the CN Tower Edge Walk four times; bungee jumped the tallest bungee from a building in the world, gone skydiving, and a couple of treetop treks.

Treetop trekking is an elevated obstacle course in the trees suspended around 30 feet in the air, and often there are zip lines.

Cherry and I took the Stock Hacker Academy team Treetop Trekking in Hamilton for a team-building event.  

There are five levels or obstacle courses, each progressively harder; you must be 5 feet tall to participate. 

Half the team completed the first three courses, Cherry, myself, Joel and Meaghan completed all five, and it was pretty hard.

We had some team members step out of their comfort zones to be up in the trees with us. 

Thanks to all the practice I’ve had, I was very comfortable and forgot about my fear of heights.

I am wearing a safety harness, so I’m not in any real danger, but the same was true of my aunt’s condo’s 10th floor balcony.

I’m not over my fear; I’ve just exercised my bravery muscle enough that I no longer have a noticeable problem.  

The same is true of real estate investing.

Cherry and I went firm on two duplexes I’m buying off my clients, and the experience has so far been the easiest. 

With practice, a cash-flowing portfolio, systems and the right relationships, it’s never been easier… but those have been famous last words before.  

I’ll have Cherry back on soon to detail how these deals went down and how we financed the investment using our whole life insurance policies.

Don’t know how whole life insurance works? 

Well, that’s just a perfect segway to this week’s guest, my friend Kathleen Van Den Berg, MBA, CLU, CFP.

How a Certified Financial Planner Personally Invests, 5 Questions to Ask a Financial Planner w Kathleen Van Den Berg

Kathleen shares a lot of things in common with you and me. 

For example, she doesn’t do mutual funds even though she would get paid to.

She’s not a fan of RRSPs and prefers cash-flowing real estate, Stock Hacking, her small business as a Financial Planner, and whole life insurance.

More importantly, she borrows from her life insurance for the capital to invest in three properties plus bankroll her stock hacking account.

FYI the brilliant financial planners charge a lot of money for their time, so we’re in for a special treat to have Kathleen share how she advises clients to invest… which is also how she invests her money.

Please enjoy the show.

We’re hiring!

Just a friendly reminder that we are hiring for more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

HELP US OUT!

To follow Kathleen:

Website: https://wealthplancoach.ca/  (you can sign up for her newsletter there)

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Welcome to the 200th episode of the Truth About Real Estate Show for Canadians! 🎉

It’s been an amazing run!

What started as a six-episode experiment back in early 2016, we managed to do something right, and here we are at 200 episodes!

I’ll start by explaining a lie I tell on the show: we have a few more than 17 listeners. 😃

Based on some of the stats I’ve looked up over the years, this podcast ranked 88th in the Business category in all of iTunes, this is a top 1% podcast in the world of podcasts, and we’ve ranked within the top three Canadian podcasts a couple of times.

I’ve even had a big-time podcast producer that works with publicly traded companies audit our show, and he was beyond impressed with our stats, sharing with me that our listening time was 2-3 times greater than that of his clients.

I tell this lie because the truth about real estate investing is that not all real estate investors want the attention and/or fear public speaking. So, if no one’s listening, there’s nothing to fear, right?

But some of you are listening, and I want to thank you for being our listener or watcher on YouTube. 

Oh, by the way, a few months ago, we hired a fancy TV producer; hence you’ll notice our audio and video production has improved.  Our videos are, of course, posted to YouTube at The Truth About Real Estate Investing.

Anyways, as the pandemic is winding down and you real estate investors, including our hundreds of investor clients, have benefited heavily from investing in land-based real estate.

No one could have predicted prices would go up like crazy as they have, but if you’ve followed the show, then you know all signs pointed that way, so I want to thank you for listening and taking action.

It has and always will be my honour to give back, share what I’ve learnt and continue to learn from our expert guests on this show. 

I’m grateful to have this platform to pull together leading experts, especially as the pandemic started and our community was uneasy.  We had to talk some investors off a ledge from selling out of fear.

Thankfully, things worked out, and they’ve added several hundreds of thousands of dollars to their net worth and financial peace.

Lessons From 200 Episodes With The iWIN Real Estate Team

To celebrate 200 episodes, I have my real estate team because they’re the ones who got us here, to share some lessons from the last five years and 200 episodes. 

Five years is a milestone as we all have five year goals, and the team is here to share some investor stories from the last five years.

So with our biggest podcast in history in terms of people on the show, we have:

• Tammy “the Duplex Queen” Ditomaso
• James “Money Baggs” Maggs
• Tim “Clap Back” Hong.  Tim is Clap Back as he has the wittiest comebacks.
• Joel Arndt, and
• Chris “The Captain” Hook

Special mention to Meaghan Robidas, who has been my Operations Manager for the last 7 years. Although she’s too shy to come on the show, that does not discount the importance she has in our success.

If you’re not sure what you can accomplish over the next five years or my 200 episodes, this episode will inspire some ideas. 

Want to be a top 1% podcast? Host your own event to 1,600 people? Own 10 or more investment properties?  It’s all possible!

It starts with the guts to do it, then the know-how and surrounding yourself with positive people.  And I’ll always be here cheering for you. 😊

We’re hiring!

Just a friendly reminder that we are hiring for more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA. 

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

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

Please enjoy the show!

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Did you know many Canadians are struggling to get into the real estate market right now?

It sucks, and I feel bad for the younger generation or anyone who can’t get in.

One just needs to check on the net worth of tenants vs homeowners to know that the path to avoid poverty is to be a homeowner. 

The exemption from paying gains on the sale of one’s home is one of the few tax savings we receive as Canadians, so why not take advantage of it.

 

 

 

 

 

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In a low-interest rate environment combined with governments worldwide creating more and more money from thin air, economic theory dictates to protect yourself from inflation is to hold hard assets.

An ideal hard asset is self-liquidating, as in it pays for itself. 

Such as investing in real estate, the rent from the tenant covers all the expenses and mortgage payments, then in 20-30 years, the house is paid off, and one owns a cash producing asset free and clear.

Not bad, eh?

Many of you already know this and got it right. 

Sadly, many did not, and it’s not your fault if you didn’t. Schools don’t teach investing, and banks would rather sell you mutual funds than see you buy cash-producing assets. 

I don’t blame the banks; selling mutual funds is how they make money.

There was even a sarcastic billboard in downtown Toronto that went up with the question, “Can’t afford a home? Have you tried finding richer parents?”

While there is some truth to the billboard, yes, many first-time buyers and buyers, in general, are getting help from their parents for down payments and even credit.

I hear it all the time from the mortgage agents and brokers we work with BEFORE the pandemic happened.

For anyone who’s been following me for a while, you know we’ve predicted real estate prices would go up on land-based housing for years…  

No one expected prices to go up 20% over a 12 month period!

However, I’m still offering on houses, and we offered on one last weekend. 

I wrote the offer myself while Cherry and the kids enjoyed a hot and sunny day in the pool, which sucked for me as I missed the fun.

But such is an investor’s life…  Delaying short-term gratification for long-term, intergenerational gains.  

My preferred investment strategy still allows me to cash flow even in today’s market.

My team will share how to execute the #1 investment strategy, completely free, virtually from the comfort of home. 

We’ll get back in person free training once allowed to, but for now, we’re on Zoom and look forward to helping more every day, hard-working Canadians get ahead in life.

If you’re on my email newsletter, then you’re good and will be notified of our next event.

If you’re not, well, that’s just silly.  Go to www.investortraining.ca, type your name and email, click submit, and you’ll be on your path to financial peace. 

We’ve helped hundreds of investors already create six-figure side hustles, and we’re looking forward to helping thousands more.

Just ask my friend Matt Spada, our guest this week, how the journey has helped him.

It all started when his dad said to him, “If you ever want to get ahead in life, invest in real estate,” and handed him a book when he was 18 years old. That was 15 years ago.

Soon after, they shot out of a cannon buying a lot of property over a short period of time.

50/50 Joint Venture With Dad, 12 Properties in 15 Years, 21% ROI in 5 Months Stock Hacking With Matt Spada

I remember meeting Matt at a Rock Star VIP dinner event (remember having dinner in a restaurant with friends?).

I remember him sharing how he was concerned about paying the double land transfer tax for a house in north Toronto.

That was 11 years ago, and thankfully they did the deal. I’m sure the house has tripled in value. 

Funny how investing in real estate can change lives.

11 Years later, Matt Spada is no longer the 23 year old I met in 2010.  He’s now a business owner, father of two, owner of as many as 12 properties, now holding seven houses.  

Matt also took our Stock Hacker Academy program this past fall and shares he’s really enjoying it, which is awesome because I love hearing client success stories.

Matt and his dad Gino are gym owners.  I’m quite confident they could beat me up without breaking a sweat. 😂

Anyways, here is the story about how a 19-year-old Matt Spada got started investing in real estate.

I hope you enjoy the show.

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Have you heard of Covid 15?  That’s the 15 pounds you gain during the pandemic, lol!

Now that it’s shorts weather, like a true Canadian, if the temperature is above 20 degrees celsius (68 degrees Fahrenheit to you Americans listening), I throw on shorts.

But, small problem, my 33-inch waist shorts are a bit snug.  

 

 

 

 

 

View this post on Instagram

 

 

 

 

 

 

 

 

 

 

 

A post shared by Erwin Szeto (@erwinszeto)

I was all excited when I bought these 33” shorts because 32” is too tight, 34” and I need a belt. 33” was just right till I gained these extra pounds over the winter.

So what would you do? Make lifestyle changes or buy new shorts? 

Personally, I’m cheap, so I’m going with dieting.  Fasting is more the proper term. What’s worked for me in the past is to only consume few healthy fats in the morning with my coffee, specifically about a tablespoon each of grass-fed butter and organic coconut oil, then I won’t eat until lunchtime.  

At lunch, I’ll eat a pretty big meal and avoid bread, which tends to make me bloated.

When I get home, I’ll ride my indoor Peloton bike for 20-30 mins. My goal is to burn 500 calories a day, clean up, then have dinner with the family.

This is what works for me; I’ve done it before under the guidance of my naturopath, Dr. Cowan. 

I’ve already dropped five pounds and am looking to drop another five pounds before the lockdown ends to lose the dad bod.  Only then will we invite guests to visit and hang by our pool at the new house 🙂

How To Small Scale Develop A Property Using Free Land With the Infill Boys: Andy, Charles & Steve

On to this week’s show! 

Before I introduce the guys, we are quickly approaching our two hundredth episode, and I want to thank all 16-17 of you listeners for being a part of this journey with us. 

This all started as a weekly blog in 2010 (and it’s still going), then we started this podcast in 2016 to discuss the realities and learning lessons of real estate investing.

Including how not to lose money, which is a great segway into next month’s iWIN Meeting on Saturday morning, June 12th. 

Our team will be sharing what to look for from a wholesale deal and the top 5 questions to ask a wholesaler.  We too receive emails from wholesalers, and as this is an unregulated market… well… some of these wholesalers are pitching what they consider “deals” while wearing rose-coloured glasses.

Don’t be a sucker and overpay for a lemon. Join our iWIN meeting and stay for the 2nd presentation on building a backyard suite in Brantford, one of the more affordable and newest markets to allow the backyard suite strategy.  Friend of iWIN, Andy Tran, will be in the house to share the latest on his own investment property.

Speaking of Andy, he’s one of three real estate experts on the show: Andy Tran, Charles Wah, and Steve Ford. What a special treat!!

We discussed where to find ideal properties, financing, construction financing, who you need on your team, soft costs, how developing property unlocks hidden equity, whether to hire a general contractor or not. We cover tons of tips and pitfalls to avoid.

It’s a pretty awesome episode, if I say so myself.

I’ve done a considerable amount of business with Andy, Charles and Steve and can safely say they’re good people.

Please enjoy the show!

HELP US OUT!

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Do you love what you do? I mean, career-wise?

For me, work does feel like work sometimes, but other times, I wouldn’t rather be doing anything else.

 

 

 

 

 

View this post on Instagram

 

 

 

 

 

 

 

 

 

 

 

A post shared by Erwin Szeto (@erwinszeto)

Investing in Student Rentals, A Trampoline Park, & Cryptocurrencies w Gillian Irving

Today, I got to podcast with my real estate client, Gillian Irving.

We are working on helping her maximize her returns while listing a couple of her investment properties. I hope it’s legal that we also had lunch together to catch up then record this podcast where we got to talk about several of my favourite subjects.

We talk about hacking fitness and exercise, investing in real estate, specifically student rentals, the methodical journey to success, stock hacking, investing in cryptocurrency and starting a charity.

Gillian Irving is a full-time, successful entrepreneur, stock hacker, real estate & cryptocurrency investor and mom of four kids. Needless to say, I’m proud to have played a small part in Gillian’s massive success.

If you too want help in starting a journey similar to Gillian’s, feel free to check out my FREE video where I explain how I invest in real estate for my kids. Go to www.investortraining.ca.

Once you register to access the video, you’ll be invited to our next 90-minute free training webinar where we show you the secrets to the #1 investment strategy in real estate: legal basement apartments, which is by far the most popular investment strategy in today’s market.

FYI Gillian has been my client and friend since 2013.

Please enjoy the show, go forth and be the change you want to see in the world.

HELP US OUT!

To Follow Gillian:

Web: http://investinstudentrentals.com/

Training: https://more-confident-investor-training.thinkific.com/courses/more-confident-real-estate-investor-training

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Greetings, Wealth Hackers!

Everyone enjoying the kids going back to (virtual) school after March break in April? 

Since we moved homes before the break started, my kids switched schools. Our new school is only 5 minutes away by walk vs. our kids took the bus when we lived in Burlington. 

The biggest downside of bussing kids to school is it limits my face-to-face interactions with their teachers.

 

 

 

 

 

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Now the kids are in virtual school anyways with new teachers and new classmates.  Their former teachers were happy to have our kids continue with their classes, but the kids chose to move on. 

They’re doing quite well as they did before.  I have no idea why but I wonder if it’s because we limit their screen time.  They do have a crappy tablet that they only use for audiobooks which they absolutely love. 

We play video games only on weekends but not for long. They also don’t have the time between tutoring in Math and English 3X per week and Kickboxing 4X per week to watch any movies.

They’re now in our pool that we’ve had open for 2-3 weeks, and I may jump in after recording this 😜

I’m learning how to be a pool owner. 

Yesterday, I taste-tested the water, then proceeded to dump two bags of salt in the pool.  I hope that does it as I don’t have a fancy saltwater testing kit. I also don’t want to taste-test the water again intentionally. Hopefully, the kids haven’t grown another arm yet. LOL.

We cranked the gas heater to 85 degrees, so hopefully, I don’t freeze to death.

Today is also 48 hours after I’ve had my Astra Zeneca vaccine, and today Justin Trudeau got his Astra Zeneca shot.  Hopefully, what’s good enough for our Prime Minister and Chancellor Angela Merkel of Germany is good enough for a regular joe like me.

I’ve had zero side effects in my experience, and I set a personal record after riding my indoor Peloton bike for over 90 minutes last night. 

I’m feeling very grateful.

I know many are not so lucky with this virus, including my friends on the frontlines in the hospitals, and I’ve gotten several messages from friends disappointed in not being able to get an appointment.

I do believe we are in this together, and I’ll do my part. I’ll stay out of the hospital, heeding the warnings of ER doctors to avoid ER’s. As if one ever needed advice on not doing stuff that would lead to going to the ER.

I tip 15% each time I order takeout. I’ll tip the restaurant directly if ordering Uber Eats and the driver.

I’ll continue my charity work and bring value to our investor community.

Speaking of value, we posted a video about my thoughts on the 2021 Federal Budget on my YouTube channel: The Truth About Real Estate Investing.

Why is it important to know?

Well, the Ontario Government in 2017 tanked the real estate market with their Fair Housing Plan. So, I want to know, as an investor, what’s in the budget, which I summarize for the Canadian real estate investor.

For those who’d like to learn more in-depth about real estate, we have our May 15th monthly iWIN Meeting coming up. We have planned presentations on How to Buy A Foreign Vacation Property and How to Make The Interest Expense On Your Home Tax Deductible. 

Everyone on my email newsletter gets an invite, and it’s available for sign-up at  www.truthaboutrealestateinvesting.ca.

Lessons In Commercial R.E. Through Crashes, Why Focus on Industrial & Nursing Facilities w. Shane Melanson

On to this week’s show!

This week, we have returning guest Shane Melanson, one of the most active commercial real estate investors I know.

He’s pretty big time, having bought 100’s of apartment units. He’s developed tens of thousands of square feet of commercial/industrial properties. He’s now involved in skilled nursing facilities, like less urgent hospitals, so the operating costs are much less than hospitals. 

Shane is here today to share lessons from investing during a crash and the time it took to recover. He’ll also share how he structures these multimillion-dollar development projects and the difference in getting commercial lending/mortgages in Canada vs the US.

We cover a ton of stuff, so for anyone who likes to geek out on commercial real estate, I hope you enjoy the show!

HELP US OUT!

To Follow Shane: 

Web: https://shanemelanson.com/

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

What did you do for April Break (formerly known as March Break)?

For us, we’ve made as many plans as we could to stay in and around the home.

We got the kids new bikes a few months ago as a reward for doing great at school and, better yet, paid for by their grandfather :). We also opened the pool on the weekend, and it’s rained ever since, lol.

While pool opening is time consuming, my kids enjoy hanging out with me while I’m working on the pool, checking the pool chemistry, watching youtube videos to learn how to use the control panel and heater, and operating our brand new pool scrubbing robot.

 

 

 

 

 

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The robot and automation is something I wanted to highlight for my kids as it’s a common lesson I’ve come across in my journey working with investor clients…

Some were taught by their parents that one must work hard to achieve anything.

While this is largely true, I believe one must separate hard work using one’s hands vs. what can be outsourced or delegated to focus on higher value activities.

In the example of my pool scrubbing robot, the kids have assigned a pet name “Zobie,” Zobie will vacuum the pool without supervision for a couple of hours on a timer, so I don’t have to scrub and vacuum the pool.

This saves me more time to do more important stuff like hang out with the kids or ride my indoor Peloton bike or work on the business, record podcasts, etc.

It’s no different in my real estate business. I don’t unclog toilets, mow lawns, shovel snow, but I will if I absolutely have to.  I do still pick up garbage when I visit properties for my six month inspections.

I had to pick up garbage at my old house last week in the family minivan and take it to the dump; it was the day of closing, and that’s not the impression I wanted to give the new homeowners.

But the rest of the time, my team operates my investment properties, including architectural drawings, getting city permits, renovations and ongoing management.

If you’re like me and want to be invested in the #1 asset class in an area in high demand by tenants, you want to be on my email newsletter.

It’s completely free, and we’ll inform you of our free online real estate training classes, our free online top investment city and property tours, and my favourite, the iWIN Meetings, where you can connect with local, like minded investors and learn from experts from my team and guest speakers.

Our next iWin Meeting is Saturday Morning, May 15th, where Real Estate Accountant Cherry Chan, CA, CPA, will share about the Smith Maneuver and how to do it properly as many do not get this right.  The Smith Maneuver is the tax minimization strategy of making the interest on the monies borrowed from your home a tax deduction.

You don’t want to miss this presentation as many folks do not execute the Smith Maneuver properly, therefore not deducting as much as they can or getting in trouble with the CRA.

Go to www.truthaboutrealestateinvesting.ca, enter your name and email address on the right, and you’ll be informed about when we host all these great events.

iWIN meetings are publicly available and cost merely $20 for non-clients, for which 100% is donated to charity.  Win/win/win. You learn, you meet awesome people, as the cost to attend supports local kids in Hamilton getting shoes and warm clothing.  What more can you ask for.

Scaling Up From Single Family Houses to 150 Unit Buildings in the US, Hosting a MultiFam Conference w/ Seth Ferguson

On to this week’s show!

This week we have real estate influencer and multifamily/apartment building investor Seth Ferguson.

Seth shares lessons from his nightmare joint venture, his journey from local, small residential investor to apartment buildings in the 150 unit range in the US. The structure of these types of private equity investments and how even passive investors may participate.

Seth also shares his motivations for hosting a multi-family investor conference in 2022; you can find details at https://multifamilyconference.ca/, and the discount code for friends of this show is iwin.

To my friends, please enjoy the show.

HELP US OUT!

To Follow Seth: 

Conference: https://multifamilyconference.ca/, discount code iwin

Web: https://sethferguson.ca/

Real Estate Simplified: https://www.yourtv.tv/node/255026

Youtube, Multifamily Real Estate Investing: https://www.youtube.com/channel/UCtFJbKpP0PKd1YT0PF_WNnQ

UPCOMING EVENTS

BEFORE YOU GO…

If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.

It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.

If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success. 

New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.

We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best.  In 2018, we again won the same award by the Real Estate Investment Network.

Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment.  Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you. 

I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics.  The intersection of the two, talent and ethics is limited to a handful in each city or town.

Only work with the best is what my father always taught me.  If you’re interested, drop us an email at iwin@infinitywealth.ca.

I hope to meet you at one of our meetups soon.

Again that’s iwin@infinitywealth.ca

NO MORE Confusion

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

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

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

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

More secrets you’ll uncover are:

Profiting in a HOT market…

Municipal bylaws to watch out for…

Mortgage terms that favour refinancing…

AND one barely used tactic for higher appraisals…

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

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

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.

Just imagine what winning in real estate could do for you.

If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca.

Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.

Erwin

Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Lessons Investing In The Pandemic, Misfiring on US Investments, Building Houses for Investment With Andrew Hines

HELP US OUT!

To Follow Andrew: 

NO MORE Confusion