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How To Score 100% On A Personal Finance University Assignment
Greetings, My Fellow Wealth Hackers!!
I hope you’re all crushing it out there. I know many of you are because I see your posts on social media and I’m lucky enough to hang with some of you in person.
A close friend of mine who’s also a client of ours shared with me how between his stock hacking and real estate investments, he’s making significantly more than his spouse, who’s been working 12 hour days at a corporate job that pays six figures. His cash flow alone from stock hacking exceeds his spouse’s work income! It’s pretty crazy how far a little education and investment in oneself will go. If you feel your crushing could use some levelling up, we offer free training on the #1 investment strategy in real estate, free virtual city tours of the top places to invest in Ontario. Our iWIN Meetings are simply outstanding. We have the leading subject matter expert Andy Tran sharing the latest on backyard suiting as in building an apartment in one’s backyard to rent out, the latest on zoning, financing, rents, construction, etc… We also have Meridian Credit Union in the house, sharing how they’re different from other banks; hence we went with Meridian to refinance a bunch of our investment properties using our corporation to qualify for the financing, freeing up our personal credit to buy more properties. This presentation will be an AHA moment for new and veteran investors alike. Many of us could be doing better with our financing… For example, when we went to get a mortgage on our new home with Meridian, who just financed our rental properties in our corporation, we disclosed to Meridian they have part of our investment portfolio. They didn’t even look at those properties in evaluating us as personal home buyers. Your situation may be different, but that’s our experience, so you don’t want to miss this presentation. If you’re on my email list already, you’re already receiving email updates and invites to these events. If you’re not on my email list, go to www.infinitywealth.ca, enter your name and email and you’re done. You’ll be tapped into the happenings we have going on to help current and future wealth hackers. I had a client text me this week that her appraisal just came in for her new mortgage on an investment property I sold her in 2010. The appraiser valued the house at over FOUR TIMES what she paid for it. The house increased in value FOUR times! On the personal side, things couldn’t be much crazier in Cherry and my world. In the last 30 days:View this post on Instagram
- We hosted Stock Hacker Academy for over 200 new students.
- We are moving, so half our house is packed.
- My daughter just finished self-isolation as she was exposed to covid. She just tested negative again this morning, so we can move on.
- Our student rentals are slow to fill as students wait on the sidelines to see if they’re back to in-person school this fall. My guess is yes since the universities are suffering financially and it’s looking like they can get access to vaccines.
- We have a bunch of new hires at work and more on the way.
- We kicked off our Easter Basket Brigade Charity efforts; we will donate $20,000 worth of spring clothing to Hamilton’s underprivileged elementary school kids.
- There was a bit of a minor meltdown in tech stocks and my portfolio took a bit of a hit.
- The new house is being renovated and the scope grows each day.
How To Score 100% On A Personal Finance University Assignment
Speaking of kids, a young man, Adnan, a university student from the University of Western Ontario, my alma mater, reached out asking me if I would be his subject for a school project on personal finance.
I’m not a great educator nor storyteller, but I can share my experience on what has worked for me and that’s what this episode is all about. The tables are turned and Adnan asks the questions.
Maybe this episode isn’t for you, but perhaps it would help someone on the younger side.
Please enjoy!
To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/3nn128w-u_s
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
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
Well, we got the keys to our new house this week!
We plan to renovate a little bit. The two 2nd floor bathrooms are original builder so in our ensuite bathroom, we are removing the corner tub since having a bigger shower and double sink vanity is more important to us.
Renovations have already begun as our general contractor is mutual friends of the sellers and me so that’s a nice bonus. Cherry wants to do a bunch of renovations to the kitchen as well.
Personally, I’m really frugal when it comes to spending on ourselves. It may be my own issue as it is my personal belief that you cannot become rich by saving. One becomes rich by creating value for more people.
For anyone following the real estate market, you’ll know our investor clients who took action to buy investment properties on land in the areas west of Toronto are doing just phenomenally.
Add to that, our Stock Hacker Academy students are doing amazing as well.
Susan White Livermore came into the office to record a podcast last week and she’s up 51% since May 2020. Lynne Tham who was on the podcast this past fall provided me with an update, she finished 2020 up 64%. My ultra-conservative good old friend and I emphasize OLD, Nick Ditomaso, a past guest of this show is up 42% since April 2020.
All of them had no prior experience with Stock Hacking and this weekend we are about to kick off the next 12-month installment of the Stock Hacker Academy to well over 200 new students, new friends and I look forward to seeing them discover a new life skill. A “game-changer” as many of our past students and guests of this show have described.
The nice thing about Stock Hacker Academy vs. my iWIN Real Estate business is that we are able to help more people.
Our real estate coaching business is focused on investment properties west of the GTA and while everyone should be investing in real estate, not everyone can afford to invest and for those who already do invest, you’re like me in that you’re searching for cash flow.
Hopefully, whatever investment vehicle you’ve chosen is doing awesome for you.
Pretty much all of them work with enough capital and sweat equity, I’ve researched them all and interviewed folks who do. Not theory only take is allowed on this show.
For me, I know I’ve found the best ones for me.
Speaking of folks who do, our guest speaker for the Saturday, March 27th iWIN meeting is backyard suite expert Andy Tran of Suite Additions will be sharing the latest on construction costs, zoning, rents, and financing because who wants to pay for this themselves when we can get banks to finance our investments with cheap debt.
We also have my banker Stephen from Meridian Credit Union. Meridian has been awesome to us in refinancing the properties that we’ve moved from our personal names for ownership into a corporation so these investment properties no longer affect our personal credit.
The benefit is Cherry and I were able to get more mortgages in our personal names, e.g. our new home and maybe one or two more properties this year. We nicknamed the strategy of getting one’s mortgage virginity back 😉
We actually explained the strategy to this week’s guest Andrew Hines who is a former mortgage agent and he too thought it brilliant.
Don’t you love networking? That’s how you pick up these golden nuggets!
Anyways, March 27th, 9 am – 12 pm. We have excellent guest speakers, plus my team sharing the latest on what’s happening at the street level in terms of rents, reno costs, where the opportunities are.
If you’re on my email list, you’ll see the invites. If you’re not, that’s just silly. www.infinitywealth.ca, put in your name and email address and we’ll let you know!!
Lessons Investing In The Pandemic, Misfiring on US Investments, Building Houses for Investment With Andrew Hines
On to this week’s guest Andrew Hines! Andrew is a builder, invests in student rentals and he has his podcast, The Andrew Hines Real Estate Investing Podcast. Andrew is on the show today sharing how he started investing in real estate including the time he went to the US to invest, how that experience didn’t go so well but Andrew took responsibility to learn from that experience to become a better investor and how he’s become an in-demand builder of investment properties. On the show, Andrew shares how build costs have changed, his findings in researching the starting of a real estate investment trust, the changes he’s made to his investing in a pandemic, etc… I hope you all have as much fun listening as I did having Andrew over for lunch and chatting about investing and money. Enjoy!To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/YkBl0fpN-ak
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Andrew:
Linktree: https://linktr.ee/theandrewhines IG: https://www.instagram.com/theandrewhines/ FB: https://www.facebook.com/theandrewhines Youtube: https://www.youtube.com/channel/UCYGIvt3fC0OK378EIEHccpA 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.caNO 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/
Building a Brand of Influence, Alberta Market Update with Best Selling Author Russell Westcott
Hello, my fellow wealth hackers!
I trust you’re keeping well and if you’re not and you’re able, that’s ok too.
I worked on myself since I was a frustrated new graduate immediately after the dot com bubble burst and the events of 9-11. We’ve all been down and underpaid when compared to our abilities. It wasn’t until I read Robert Kiyosaki’s Rich Dad Poor Dad that lit a fire under my butt. If you feel you’re being underpaid, then do something about it. Hence I got into real estate investing, full send, joining a real estate networking group and never missing a meeting. I’m still friends with many of the folks I met there and those same relationships have been integral to my journey here… A podcast with 12 listeners!! Speaking of meetups, we will be hosting our next iWIN Real Estate virtual meeting on Saturday morning of March 27th. Our keynote speaker is the leading expert in backyard apartments, Andy Tran of Suite Additions. A backyard apartment is something I made up to describe an addition to a house or a standalone tiny home built behind an existing house. For many of you, that will be the third and final apartment and major value add, highest and best use of a property. This is our final frontier for significant additional cash flow. Andy has been researching this subject from all angles including zoning, construction, and financing so you don’t want to miss this. If you’re receiving my emails, you’ll be notified once event registration is available. If you are not on my email list, go to www.truthaboutrealestateinvesting.ca As I’m typing and recording this, the Gamestop stock is going up again. For fun, I bought 5 shares and will donate the profits and the investment to charity. I was thinking about donating the money to my own charity, I’m not sure if that’s considered kosher or not… I actually have a lot of my Stock Hacking funds in bitcoin-related stocks and options and making good money. Hopefully, my theory is right about bitcoin becoming the digital version of gold for savings and a hedge against all the money printing going on by our governments. Whether you agree if Bitcoin is a hard asset or not doesn’t matter as long as you’re taking action and buying quality hard assets like real estate. My opinions are my own and this is not advice but to quote one of the smartest people on the planet in Elon Musk, “In hindsight, this was inevitable.” That’s what Elon tweeted days before it became public record his company Tesla investing 1.5 billion dollars into bitcoin or 8% of their cash reserves. What gets missed in the story is Tesla bought some gold ETFs too. One thing is for certain… Smart money does not want to hold cash for the long term when our governments are creating new money out of thin air each day.View this post on Instagram
Building a Brand of Influence, Alberta Market Update with Best Selling Author Russell Westcott
Speaking of my favourite hedge against inflation, real estate, I don’t know many people who own more real estate than today’s guest in Russell Westcott. He’s been through a lot of economic cycles being an Edmonton, Alberta real estate investor. Russell is an old and good friend of mine so it’s always great to catch up on what he’s up to helping people out. He’s possibly the top real estate investor coach out there and it helps that he’s owned over 100 properties and co-authored the best selling book “Joint Venture Secrets.” Admittedly, I don’t invest in Alberta and my outlook is bearish on the oil industry. With the growing popularity of electric vehicles and carbon taxes, I don’t see the demand for oil keeping up, not with Ford and GM planning to be all-electric by 2035… But I’m not an expert and I’m always keen on listening to opinions different from mine. I give you Russell Westcott.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/Q4wdRCFN1tY
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Russel:
Web: https://russellwestcott.com/ Youtube: https://www.youtube.com/channel/UC1yg9_UmqwD67NGuRWnPHVw Podcast: https://russellwestcott.podbean.com/ 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
The Nice Wholesaler Who Did 26 Deals Plus 10 Flips in 2020 with Aaron Moore
Kung Hei Fat Choy my fellow Wealth Hackers, happy new year and I wish you all wealth and prosperity.
Does Money buy happiness? Well, I wish you wealth because having money in my experience can buy happiness. Here’s a quick story… One of my friends has three kids and one is disabled. They don’t have a lot of money and one day she posted to Facebook how she was fundraising for Easter Seals and for those who hit a target fundraising goal get invited to skate with the Toronto Maple Leafs. So I clicked on the link and made an anonymous donation for the difference between what she had raised to the goal. A few weeks later my friend posted pictures of the Easter Seals Skate with the Leafs event with her kids and Michael Nylander, Darryl Sittler, Morgan Rielly, etc… To me, life is about experiences and it makes me happy to play a part in others having a chance at once-in-a-lifetime experiences. In the absence of money, no Easter Seals skate…. Now my friend’s husband is a Montreal Canadians fan and he’s not in any of the pictures LOL Anyways, if you’re a good person then forget about whatever self-limiting beliefs you have about yourself and be successful. Forget what negative people tell you and learn from those who are successful. The truth about real estate is everyone has self-limiting beliefs. I’ve met many novice investors and worked with them through their careers to see them become dynamos owning 10 or more properties. Everyone starts somewhere. Speaking of being a successful investor, even if it’s just a side hustle, my research still points to real estate investing as the best asset class to generate wealth. The ability to cash flow and refinance to purchase more properties makes real estate the best investment for building wealth. My team the iWIN Real Estate team teaches the #1 investment strategy in real estate: legal basement apartments. To register for the next free event, go to www.investortraining.ca, enter your name and email and you’ll receive email updates about our upcoming events. Cash flow however is not what it used to be. Rents have not kept up with real estate prices hence I see folks travelling great distances in seek of cash flow when in my experience, my mentee Joel Arndt with no prior experience and only $10,000 to invest manages to cash flow $400 per month with his phone. If you’d like a free demonstration of how Joel did it plus an overview of the Stock Hacker Academy, simply register for our next demo at www.stockhackeracademy.ca/demo. I only have one more planned before we deliver the March program so don’t delay. If Joel, a millennial with limited capital and no experience can cash flow $400 per month in a few hours each month you need to check this out. Speaking of Stock Hacker Academy, we including Cherry and I are proud to announce… We are giving away two tickets to this March 5th Stock Hacker Academy for anyone who’s been down on their luck, especially my fellow landlords who are having a tough time either with tenants, vandalism, nonpayment of rent, delays at the Landlord Tenant Board. All you have to do is go to https://www.stockhackeracademy.ca/story leave your name, email and tell us what happened. We will announce the winners by the next episode so don’t delay. You only have a few days from listening to this. FYI – I’ve already given away the program to two in-need Wealth Hackers. One is an everyday hero, a firefighter, father of four and husband who almost died while responding to a warehouse fire that exploded and caved in nearly killing him. Two, a commercial airline pilot, father of two and real estate investor who’s been laid off and his collective tenants are not paying him rent and the LTB is doing nothing about it. I’m keeping tabs on them to make sure they follow through. Free is nice however what’s free often is not valued. In my experience, I fall asleep all the time watching Netflix on my brother’s account but I’ve never fallen asleep while watching a movie I paid for. NEVER.View this post on Instagram
The Nice Wholesaler Who Did 26 Deals Plus 10 Flips in 2020 with Aaron Moore
I’ve been friends with Aaron Moore for quite some time. What most people don’t know is he’s very successful and an even nicer guy.This is because he doesn’t have a huge social media presence… he’s quietly doing deals and crushing it! In 2020 alone, Aaron did 36 deals including 10 flips. In this episode, Aaron is kind enough to share some tips for those new to wholesaling and his path to build out his team. I know I took a ton of notes and I hope you do too. I give you Aaron Moore.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/qiDxMrJf-A4
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Aaron:
Web: https://www.housedealsgta.ca/ and https://www.gtahousebuyers.ca/ 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO MORE Confusion
After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are: Profiting in a HOT market… Municipal bylaws to watch out for… Mortgage terms that favour refinancing… AND one barely used tactic for higher appraisals… If you’re frustrated, unsure of how to get started, this is for you. Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year. Just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/
Investing In Apartment Buildings Across Canada with Michael Ponte
Hello, my fellow Wealth Hackers!
How is everyone doing?
Back at home we finally replaced the batteries in our weight scale. I’m about 15 pounds heavier than the last time I checked. At just under 200lbs, this is the heaviest I’ve ever been lol… which is ok.
I am in week 4 of 8 in a muscle building challenge and I’ve kept up with the workouts, not so much the recovery and stretching nor sleep. I haven’t even kept up with the 2500 calories per day I’m supposed to eat so this has been an interesting journey for sure.
I believe life is all about experiences and I’m enjoying this process.
Our new house that we move into in March has a pool so the goal is to be pool body ready by the summer. On a fun note, we just had our best month of stock hacking yet so we are reinvesting the money into getting a Peloton Bike: an indoor bike with a built-in tablet that streams live and on-demand classes. My output is tracked and shared which is cool. If you’re a fellow wealth hacker with a Peleton hit me up, it would be cool to ride together. Speaking of Stock Hacking, the Stock Hacker Academy is proud to announce that 20% of our trading profits will be donated to the registered charity the Hamilton Basket Brigade. How this works is the Stock Hacker Academy is a business and the profits will be added to the corporate trading account, then 20% of trading profits will be donated. In January alone, the donation will be about $6,400 US dollars. As we grow Stock Hacker Academy to help more and more every day, hard working Canadians create a six-figure side hustle, we will donate and support the most disadvantaged children in Hamilton. Just last week, the Hamilton Basket Brigade, the charity I co-founded and preside over, last week we outfitted 176 boys and girls with each receiving a winter coat, hoody, winter boots, hat, and mitts. We sourced all the products from a wholesaler as well so we saved around 60 cents on the dollar. I trust your investments are going well. In my day job as a real estate professional, I get to connect with real estate investors from all over Canada and a couple in the US too. It’s fascinating to a real estate geek like myself how different all the markets are across Canada. I’m looking at an interactive map on wowa.ca (https://wowa.ca/reports/canada-housing-market) on real estate price change by province. Nova Scotia, Ontario, Quebec, and BC led the way in price appreciation. Saskatchewan and Alberta had the slowest price growth but they did grow in the single digits. This gives me the idea that I need to reach out to friends in Nova Scotia and Quebec to find out what’s going on in those markets. Just to take a step back, some like to overcomplicate real estate investing when put simply, real estate is like any other business in that things start with supply and demand. The supply of land in desirable areas is limited. That is why my own investing has focused on houses on land and not condos in the sky. Demand comes from jobs and immigration. Where is there job growth and where do immigrants want to live? The greater Vancouver area makes a ton of sense since the weather and lifestyle are awesome. They are accepting of folks from different cultures much like Ontario which is another top destination for immigration and job seekers. When demand outstrips supply, that’s where you find price appreciation. For all you killing it on the real estate appreciation, congratulations!! You paid attention to economic fundamentals and took action. For some investors, their requirements lead with cash flow so I’m hearing how everyday investors are going to Windsor, North Bay, Edmonton, Moncton, New Brunswick or apartment buildings which bring us to this week’s guest, nationwide apartment building investor, Michael Ponte!View this post on Instagram
Investing In Apartment Buildings Across Canada with Michael Ponte
I first met Michael at a real estate conference many years ago where he was collecting his award as apartment building investor of the year. Michael invests all across Canada and more recently in the Maritime provinces and he has a unique strategy, one I can’t recall I’ve heard of before in the multifamily space. Michael also shares some tips on how he’s able to invest in real estate on the other side of the country as he lives in British Columbia but invests as far away as Moncton, New Brunswick. I give you Michael Ponte.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/qXB3eUiBbDM
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Michael:
Facebook: https://www.facebook.com/michael.ponte.16 Web: http://www.prosperityinvestments.ca/ 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
From Top Real Estate Coach in Canada To Launching New Authors From California With Julie Broad
Hello, my fellow wealth hackers!!
You know those career moments you have once in a while?
Well, back when I worked in corporate for Big Blue and was making the jump to becoming a Realtor full time, I identified my greatest weakness was negotiations. So I attacked that weakness reading books and taking courses on the subject, believing all skills can be learnt.
Next, my mentors in Tom and Nick Karadza of Rock Star Real Estate told me the most important part of the business was Marketing. So I attacked that pretty hard to become what I believed is a decent Marketer.
Then it was Sales skills hence I hired the top Realtor coach in Canada and surrounded myself with unbelievable sales professionals and was a sponge.
About six weeks ago, without proper planning, we bought a house in Oakville, Ontario because it was very nicely renovated, but more importantly has a pool for the kids and a view of the water for Cherry. So I negotiated to win and we won the house.
Next, we had to sell our house to pay for the new house.
So we sold, donated, and gave away about half of our belongings. I’m honestly bad at throwing stuff out and our kids have been lucky to be on the receiving side of a lot of hand me downs and generous gift giving friends and relatives.
So we did that, did a lot of minor renovations for over $10,000. Spent another $10,000 on professional photography, drone, video, staging, a hotel room for my family and nanny’s family for a week.
Over four days we had 66 showings, 4 offers. I used my communication and negotiation skills to the best of my ability and managed a new neighborhood high for the style of my home.
Overall, my house is #3 for the all-time highest price. #1 is 1,000 square feet bigger and #2 beats ours by 10 grand but they spent $300,000 more in renovations than I did. Sale price is great, ROI is better for judging financial returns IMHO.
We beat our stretch goal. We are thrilled. I’m exhausted as I couldn’t sleep last night. I don’t have much to complain about as Cherry and I lead blessed lives.
Shout out to Francisco Almeida for bringing us the winning offer and a bottle of champagne as a thank you.
It’s weird as we can’t celebrate by going to a nice restaurant so instead, I’ll order a bubble tea tonight, hopefully lift some weights in our home gym that took over the eat in kitchen and reflect on the journey.
I hope you’re all crushing it out there. 2021 has started off like a rocket for all you wealth hackers.
Our real estate clients are reporting record price appreciation and our stock hacker community is killing it with many having their best week ever last week and best month ever this January.
Our accounts are up 14% this January so far. What a game changer this is!
If you too would like to learn how I and our crazy successful real estate clients use the #1 strategy in real estate investing, we offer free training online at www.investortraining.ca. If you type in your name and email, you’ll be emailed about the next live presentation on how we invest in real estate for maximum returns.
If you’re already in real estate in some shape or form and will never be our client, especially you Realtors and Mortgage professionals, and you’re looking for the best side hustle, Stock Hacking is the best I’ve seen for cash flow.
I believe I have only one free demonstration booked this February. To register for that, www.stockhackeracademy.ca/demo
From Top Real Estate Coach in Canada To Launching New Authors From California
On to this week’s returning guest and it’s only been four short years since episode 1 featuring Julie Broad. Well, she’s back and not much has changed!! Except she left her dominant position in the real estate influencer space in Canada to move to California and open a new business. She still invests in real estate in Nanaimo, BC but she’s here today to share about her new book coming out, share why everyone needs to write a book and a few how-to’s to make your book a good one. She’s the author of “More Than Cash Flow” which is still a top 3-5 real estate book IMHO. So without further ado, I give you Julie Broad.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/ongr_iYjVe8
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Julie:
Web: https://juliebroad.com/ Web: https://booklaunchers.com/ 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
From Pumping Gas for a Living in Ontario to Moving to Edmonton as a Full Time Investor and Opening a Bank With Wayne Hillier
Hello, my fellow wealth hackers!!
I hope you are all well and having a great week!
By the time you listen to this, my family and I would have moved into a hotel… Nothing bad happened.
It would have been an Airbnb but unfortunately, the operator cancelled our stay. It’s a shame because we had booked the Airbnb prior to the lockdown announcement on January 12, but I don’t think the operator was aware. Hopefully, they don’t mind the loss of about $2,000 in rental income.
So instead, we’re staying at some huge multinational hotel. Thankfully my Realtor (me) is paying to put us up in the hotel while our house is for sale.
In my market there are considerably more sales than new listings, this is the most extreme seller’s market I’ve ever seen. Hopefully, we sell fast and reach my goal of being the highest sale price in the neighbourhood.
I’ll be detailing the process at the next iWIN Meeting how I’m attempting to get maximum return on my home since I need to minimize my mortgage on the new home 😛
Thankfully I cash flowed five figures this week stock hacking to pay for all this.
I do have one more free stock hacking demonstration coming up Thursday, Jan 28th, at 8 pm Eastern Standard Time. My apologies for talking about stock hacking so much.
The truth is I’ve cash flowed more in January stock hacking than my entire real estate portfolio last year. Not just me, my client Robert Watson has averaged $5,000 Canadian each week the last six weeks.
The truth about real estate investing is my stock hacking bankroll all came from my real estate via refinancing, sale of two properties and HELOCs.
Robert is my real estate investor client for the last 7 years and as you’d expect he’s done exceptionally well. He bought the first house I told him to buy seven years ago in Hamilton and he’s made a couple hundred thousand. He’s bought a few more after that. When we met, his plan was to get his two kids through university debt free. Now, his plan is to retire in two years.
Personally, when people have a consistent, repeatable way to make money, I get interested in learning more.
If you’d like to learn more about the #1 investment strategy in real estate, you can register for our next free training on legal basement apartments at www.investortraining.ca.
We are still your FOUR time Realtors of the Year for investors and real estate is for building wealth.
For cash flow, from my experience, it’s stock hacking. To learn how to cash flow 4% per month please register at www.stockhackeracademy.ca/demo
In bigger news, I subscribe to the Globe and Mail for my news… As a Marketer, I know how social media works or rather doesn’t work as an unbiased news source.
Anyways, the article I just read is titled “Joe Biden plans to block Keystone XL pipeline as one of the first acts in White House”. I read the full article and it’s as bad as the headline.
What does this have to do with real estate?
Well, oil is one of our biggest exports, the Alberta Government had committed 1.5 billion to developing this pipeline that would have meant jobs in mainly Alberta. Real estate is largely driven by jobs and now there will be less of them for Canadians.
I personally don’t invest in places like Edmonton and Calgary Alberta because of my laziness to get on a plane. It’s my personal preference to invest within an hour’s drive in case I need to be there in an emergency.
So instead I’ve brought you someone with boots on the ground in Edmonton, nice guy of the Real Estate Investor Dad Podcast, Wayne Hillier!!
Now we recorded this interview almost a month ago so I’ve asked Wayne for a quote on the pending Keystone pipeline cancellation. He says it sucks. LOL. Another good friend of mine tells me Alberta invests heavily into renewable energy so do your own research and decide for yourself.
From Pumping Gas for a Living in Ontario to Moving to Edmonton as a Full Time Investor and Opening a Bank With Wayne Hillier
Wayne Hillier has been investing in Edmonton and Leduc since 2015. He’s a dad, husband, landlord. He’s the host of his own podcast the Real Estate Investor Dad Podcast. He’s starting his own bank, I think that’s a first for this podcast, and he’s got a great story of how it all got started while he was living in a basement and pumping gas for a living. I give you Wayne Hillier.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/btHryS4nc9I
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Wayne:
Web: www.rei-cabin-retreat.com/register Facebook: https://www.facebook.com/prairiehomeinvestments 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Financial Lessons of 2020 from the Wealth Hacking CFP With 14 Properties and 1-2% Cash Flow Per Week With Kathleen Van Den Berg
Good day my fellow wealth hackers!!
Lockdown or no lockdown, I trust you’re staying focused on controlling what you can control. I find getting angry about stuff I can’t control, like government lockdowns and politics a waste of energy.
I still read about current events from selective sources, not left nor right. I don’t have that much time so I’ll read the non sensationalist stuff.
I had a friend send me an article titled “Martial Law in Quebec” which is incorrect as the police are not under orders by the military but rather an elected government. Never forget the media is there to get your attention. The more attention of yours you give, the more advertising space they can sell. I know because I have experience creating and running Facebook and Instagram ads. Anyway, I personally revisit my goals, focus on my business and investing to continue to support my community, enable more people to create multiple six figure side hustles. For example, I’m doing free Stock Hacking demonstrations. We had over 500 folks register for the one last week, thankfully a few didn’t show up as the cap on Zoom is exactly 500. Lockdowns won’t hinder my ability to Stock Hack. I made 9% in both of my accounts last week. Also last week, we closed on refinancing three of my investment properties for under 3% interest, we’re taking out a bunch of money and depositing it into my corporate Stock Hacking account. We also moved those same three properties from being personally owned to our corporation, freeing up my personal credit for more mortgages. Financially, I have no complaints. I hope all of you out there are trucking along as well. If you’re new to the world of investing, we offer free training in real estate and stock hacking. I believe one needs both… Real estate to build wealth, stock hacking for cash flow. Over the past four weeks, I’ve cash flowed over $20,000 US with the same amount of capital to invest in two houses. I’m not looking to brag but instead to express to you what a game changer Stock Hacking. For free training in the number #1 investment strategy real estate: www.investortraining.ca To learn how to stock hack, we’ll share Joel Arndt’s story on how he stock hacks to earn 4% cash flow per month: www.stockhackeracademy.ca/demoView this post on Instagram
Financial Lessons of 2020 from the Wealth Hacking CFP With 14 Properties and 1-2% Cash Flow Per Week With Kathleen Van Den Berg
On to this week’s show, we have old friend Kathleen Van Den Berg, MBA, CLU, CFP. I think she’s great because she’s one of the few Certified Financial Planners who recommends owning real estate and she owns a fair amount of real estate too. I invited Kathleen to return to the show asking her to share what lessons she’s sharing with her financial planning clients. Kathleen’s bio: I have the best job in the world … and I have a ton of fun doing it. I specialize in working with individuals and families to improve their monthly cash flow and build significantly greater wealth compared to their current approach. Unlike most other wealth strategists, I include real estate strategies as one of the 6 key components in clients’ wealth building plans. I implement a 6 step wealth strategy system with clients and routinely am able to create over a million dollars of additional income in retirement.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/WG6DXBtClSc
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Connect with Kathleen:
LinkedIn: https://www.linkedin.com/in/kathleen-van-den-berg-mba-cfp-clu-7b20b258/?originalSubdomain=ca FB: https://www.facebook.com/KAVWealthStrategies Web: http://www.kavwealthstrategies.com/ 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Starting Investing While In School, Growing Portfolio to 10+ Properties, Surviving the Lockdown, 57% ROI Stock Hacking With John Beddome
Happy New Year My Fellow Wealth Hackers!!
How’s your health and fitness?
Mine took a bit of a holiday since…. March… maybe a lot longer with that.
With my gym being closed on and off, playing golf in the summer, sitting on my butt in my home office working and making some good cash flow stock hacking, my fitness definitely took a back seat so I joined an eight week muscle building challenge.
So, starting next week I’ll be lifting weights four times a week, following a balanced meal plan for muscle growth, hopefully getting lots of sleep…
Then my gym was shut down… call it quits right? Nah, I rented a bunch of equipment from Dan and Rachael, owners of Radix gym, filled out a questionnaire, had a body scan done now they’ll customize a workout program and meal plan for my weak stomach and fasting schedule. I’m such a pain in the butt! One thing I did do well during this ongoing pandemic was I kept the fat off by intermittent fasting. In the mornings, I only have coffee and water then I’ll snack around 10 or 11 am, eat a big lunch and a good sized dinner. My weight is the same and based on the body scan results, my recommended fat loss is 1.1 pounds. Not bad. If you too are looking to improve your health and fitness, I encourage you to do so. Covid has taught us a lot about our health. Age we can’t control but we can control our fitness and what we eat. That’s health covered. Only this morning did I realize I hadn’t spent much time making education plans for 2021 after watching a youtube on a guy who is part of THREE big ticket masterminds. I thought to myself I need to keep up, I’m such a slacker… Then, I reminded myself I have a Realtor coach, real estate investing coach, I have three Stock Hacking coaches including best selling author of Get Rich With Options, Lee Lowell, our partner in delivering Stock Hacker Academy. I just finished a level 2 advanced option traders course and also renewed my membership with my two masterminds, one for real estate investing and a separate 7 figure entrepreneur mastermind group. Cherry and I have lots of organization systems plans for 2021 as well. As always, continuous improvement and continued education is a core value of ours. Judging by the interviews of successful investopreneurs on this show, they share the same value.View this post on Instagram
Starting Investing While In School, Growing Portfolio to 10+ Properties, Surviving the Lockdown, 57% ROI Stock Hacking With John Beddome
Speaking of successful investopreneurs, we have an old friend on this show in John Beddome. John owns over 10 investment properties including single-family duplex conversions, small apartment buildings, he’s well known in the investment real estate community as a Realtor in Barrie, Ontario and surrounding areas. I first met John at a real estate networking group about ten years ago because he loves to learn and network just like I do. Last year, John took the beta version of Stock Hacker Academy and in 2020, his return at the time of recording was 57%. If you would like to see a free demonstration of Stock Hacking via Zoom, I’ll do doing one or two of them this January. As many past guests have shared, this skill is a game changer hence I’m on a mission to share this knowledge with as many people as possible, no different than real estate. This is new in 2021. 2020 did a pretty good job letting us know what the best investments are. Real Estate for building wealth, Stock Hacking for cash flow. You need both! If you’re not sure which one is best for you that’s OK, we offer free training on both. For Stock Hacking for those who want more cash flow in their lives go to www.stockhackeracademy.ca/demo For a free investment training, 90 minute class via Zoom, please register at www.investortraining.ca Everyone needs both, I do both and many successful folks do both. Check it out, they cost you nothing but what you learn could be a game changer no different than real estate investing and Stock Hacking has been for our guest, my friend John Beddome.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/bZ5lzF2udG8
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow John:
Web: https://investedinyou.ca/ Instagram: https://www.instagram.com/johnbeddome.investedinyou/ Tik Tok: still waiting Facebook: https://www.facebook.com/beddome 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Leaving Corporate By Investing in Condos, Then Duplex Conversions, Then Apartment Building Conversions, Six Figure Side Hustle Stock Hacking With Martin Kuev
Happy New Year My Fellow Wealth Hackers!!
I hope you all had great and safe holidays!!
Hopefully, Santa was good to you all. My youngest, Bruce at age five already doesn’t believe in Santa. Someone told him back in daycare but my daughter kinda does and asked why Santa stuff her stocking.
We told her Santa is high risk for Coronavirus so it’s not safe for him to come to our home.
For Christmas, I wanted to get the family something nice as it’s been a great year for wealth hackers, those who invest smartly and strategically in things like cash flowing real estate and stock hacking. Anyone can be a wealth hacker, we all start somewhere. We have a certified financial planner coming up in a few weeks in Kathleen Van Den Berg. I’d consider her smart money so I’ll hold off giving any advice and let you hear from a certified professional. I’m not a financial planner but I am a professional Realtor and real estate investor and we did just have a record year in helping everyday Canadians with their investment real estate outside the greater Toronto area with a heavy focus on cash flow. If you’re read anything in the news or listened to the steady stream of successful wealth hackers on this show, then you know this was a great year for smart investors. Building wealth is an open book test. The real test is who is reading the book. Our government and the one in the US is planning for more record stimulus. Cash will be printed therefore cash in our savings accounts will be devalued. Economic theory and best practice as has been proven for some time is to hold hard assets like real estate. Preferably cash flowing real estate so someone else pays the bills. From a quick search of the Real Estate Board of Greater Vancouver, Nov 2020 prices for detached homes is up 28.6% from last year. Over the same time period, the Toronto Real Estate Board is reporting detached prices are up 13.3%. How’s that for inflation that doesn’t make the mainstream media. Living costs more than ever. Hopefully you the listener already owns hard assets or have plans to acquire more. Knowing what a great small business owning real estate is, I started investing in real estate in 2005 and started in 2010 what became iWIN Real Estate to help every day, hard working Canadians build wealth. This is why we teach the number 1 investment strategy FOR FREE… exactly how our clients and ourselves invest in cash flowing real estate just outside the GTA. That’s for beginners. For those who want to continue deeper, we offer monthly iWIN meetings for a nominal fee and 100% of proceeds go to charity. Clients attend for free. We normally would do both in person but there’s this virus going around so we’ll host the meetings virtually for now. This January, Cherry is presenting on whole life insurance, something we just got for ourselves. Together with insurance expert Jayson Lowe, they will explain the concept of infinite banking, how we can own insurance so our kids aren’t overburdened with taxes when we pass on to them a ton of assets but also how we can leverage the whole life insurance to invest more assuming you have means to earn more than the paltry interest rate of 6%. We’ll also have Anna Scott, a professional real estate investor and Mortgage Agent sharing a behind-the-scenes look at real private lending deals and we have my lawyer Hussin Kadrati reviewing social media posts from people looking to raise capital and the possible implications by the Ontario Securities Commission. I know lots of people successfully raising capital over Facebook and Instagram, make sure you do it without getting in trouble! If you’re interested, you can get more details at www.investortraining.ca to get on my email list and you’ll find out about all our events. Also, you will find the presentation I gave to almost 1,600 investors on how I personally invest for my kids so they don’t have to go into crazy debt to go to university or buy their first home. www.investortraining.ca Cash-flowing real estate in my experience is for building wealth. For cash flow, I’m stock hacking and our students of the Stock Hacker Academy are just killing it. In classic Canadian fashion, no one likes to brag on social media but my DM’s are full of thanks and screen captures of their returns. One of my most conservative clients and past guest of this show, Nick Ditomaso has made 35% in nine months. My cousin Chubby had his best month with $6,700 in returns. A business mentor of mine cleared $30,000 this month and another student of ours has what I call stock hacker problems. He made too much in his personal trading account and wants to open a corporate account to minimize his taxes going forward. Cherry and I averaged 10% in December alone, far way more cash flow than our entire real estate portfolio! The past students are calling this a game-changer and if you’d like to learn more, I’m giving free demonstrations in January. Simply go to www.stockhackeracademy.ca/demo to register. As the way of the Wealth Hacker, my work funded my real estate purchases. My real estate investments were refinanced to invest in more houses. My real estate equity gains funded my stock hacking bankroll. My greatest source of cash flow is funded by “house money” and I’m not trying to impress but rather express what this newfound cash flow can do. My one week of cash flow last week paid for my Christmas present to the family and my mom. Both a Disney World and Disney Cruise vacation in 2022. For those who know me, I’m really frugal and this is the most we’ve ever spent on a vacation. Flight of course will be paid for with my travel points because I’m still frugal but I’m able to convince myself the expense is ok as it’s only one week’s cash flow.View this post on Instagram
Leaving Corporate By Investing in Condos, Then Duplex Conversions, Then Apartment Building Conversions, Six Figure Side Hustle Stock Hacking With Martin Kuev
But enough about me, this week we have my old friend Martin Kuev on the show. Martin like many had a young family, a well-paying job in corporate, started a side hustle investing in condos and progressed into renovating single-family homes to create basement apartments, then again levelling up into serious apartment building renovations for highest and best values. Definitely innovative stuff so I hope you enjoy this interview as much as I did. We talk about life, the challenges of Martin leaving his executive corporate job just after having twins, Martin’s new side hustle he learnt from the Stock Hacker Academy and earned him six figures in his first year, and we chat a bit about cryptocurrency as Martin’s close friend is high up at Ethereum. As I record this, the date is New Year and I’d like to take a moment to say farewell to the year 2020. The pandemic changed our daily lives and will continue to do so in 2021. I am grateful to have my investopreneur community, our clients, students of Stock Hacker Academy and you the listener. I was afraid like everyone else, we deferred a mortgage or two, I took a CERB payment which I’ve since paid back. But servicing this community kept me focussed. There was no time for us. I had to find answers as to what was going on on the streets both real estate and stock market hence we had our emergency series of webinars (my apologies for the poor connection, my internet hasn’t been the same since the pandemic started). Those webinars, the podcast, our iWIN meetings were my outlet for my focus and to share. To share with you the best practices and help you all be successful wealth hackers. That’s always been my #1 goal. The road was definitely rocky but with the vaccine here and being rolled out and how our investment behaved… I think that’s the ultimate testament we are investing the right way and that only has me more optimistic for the future of our collective investing in 2021. I know my clients are in real estate and stock hacking are optimizing their returns and I hope you are too!To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/xxp2VYYRaWY
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Martin:
Web: www.mkproperties.ca LinkedIn: https://www.linkedin.com/in/martinkuev/ 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
From Immigrant, To Single Mom, To Apartment Building Investor, Award Winning Real Estate Broker, To 6 Figure Stock Hacker With Khatera Osman
Happy Holidays my fellow wealth hackers!!
I wish you all Merry Christmas, Happy Hanukkah, Happy Diwali, happy winter Solstice, Happy Kwanzaa, Merry Las Posadas, happy Chinese New Year and happy holidays for anyone I’ve missed.
As wealth hackers, we have much to be grateful for.
We’ve been gifted a wonderful real estate market and stock market. Many of you who have followed along this journey toward financial peace have been significantly rewarded.
Thank you all so much for tuning in and taking action and making a difference in your life and those you care about.
I have this one listener, a chiropractor who took up stock options after listening to this show. He was at crossroads whether to open a second practice or build his investment portfolio around stock options. This was before the pandemic and I don’t think I have to tell you which investment was better. Hindsight is 2020 of course and I’m speechless with the kind words that continue to pour in. Who would have thought that in the middle of a pandemic, so many have created six-figure side hustles with limited effort?! Yes of course you need money to make money but I’ve never experienced such efficient means to make money with money. I’ve posted a couple of messages on my social media on Facebook and Instagram if you’d like to read them. My name is Erwin Szeto, just search if you’d like to be social media friends. Yes, the pandemic and lockdowns kinda suck but if I wasn’t locked down, I wouldn’t have put so much effort into learning a new skill that is Stock Hacking and built a program in partnership with best selling author of “Get Rich With Options” the godfather of stock options in order to share what I’ve learnt and help other hard working Canadians learn a new six-figure side hustle! I’ve mentioned it before, my guess is 80% of real estate investors are failed stock investors, I was one of them. Who doesn’t want to make money sitting at a desk or from a smartphone? It wasn’t until I met people who could make consistent returns that I opened my eyes to the opportunity. This brings us to this week’s guest, the lovely Khatera Osman.View this post on Instagram
From Immigrant To Single Mom To Apartment Building Investor, Award-Winning Real Estate Broker, To 6 Figure Stock Hacker With Khatera Osman
Her story is pretty amazing but she wouldn’t tell you it is. Khatera was born in Afghanistan, a war-torn country but thankfully her family was able to immigrate to Germany. From there Khatera moved to the greatest country in the world and became interested in real estate. She became a real estate agent, then built an award-winning team, started investing in condos and graduated to apartment buildings East of Toronto. As someone who loves to learn, in the fall of 2019, before knowing what a stock even was, she took our program called the Stock Hacker Academy and since then, I’m pretty sure Khatera’s Stock Hacking returns are better than mine. If you’re locked down like we are and interested in learning a life skill that cash flows, I’m hosting free demos over Zoom and will be sharing a preview of the Stock Hacker Academy this January. Go to https://www.stockhackeracademy.ca/demo to register. This isn’t for everyone and success is never guaranteed but I’m so proud of our students like Khatera. Like recent guests Rene Masse, Kris Lewis, James MBM Maggs, Joel Arndt, Leslie and Jamie Collard, Michael Bugg, the godmother to my kids Monica Lee, Cody Yeh, Ron Esteban, Paul Yeung, Victoria Masucci. The list gets longer each week. You don’t have to take my course. Take any course. Same with real estate investment. I care but I care more that you go out there and be educated and successful. Life is tough enough but it’s way easier when you embrace challenges and make money. That’s my experience at least. Again that’s www.stockhackeracademy.ca/demo. If you have any questions, I’ll be there to answer them. One last note about Khatera, she loves to learn and grow and invest in her education. I’m the same and if you’ve listened to this show, you know pretty much all the guests on this show invest heavily in their education. I present to you, Khatera Osman.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/MhdCuxi5zcs
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
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 at 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
Looking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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 A Former Teacher, Now A Contractor Buys Off Market Houses to Duplexes And His New Found Six Figure Side Hustle With Rene Masse
What you didn’t know about Cherry.
I have a lot of people asking me about my relationship with Cherry as we work so well together in building a couple successful businesses, a real estate portfolio, a stock hacking portfolio and our registered charity the Hamilton Basket Brigade.
On top of that, we have two happy and healthy young kids.
How do we get on the same page? It starts with Cherry being just as driven as I, She’s quite bright. Cherry was honour roll at Waterloo University, top 60 in Canada in the UFE exam (exit exam for all Accounting students) and the first honour rollee in the history of the firm she worked at. Cherry is also ambitious. I’d argue some days she is more ambitious than me in pushing even me for higher levels. It was her idea to register the charity so we could level up both our legitimacy and increase our fundraising by providing charitable receipts. It was my crazy idea to host a conference with Grant Cardone as the headliner but Cherry shocked even me when she was on board at the hop. We support one another and have regular mastermind meetings on business, investment and personal. We rarely say no to one another. For example, Cherry wanted to move our home closer to work to cut down our commute so we could spend more time with the kids. That comes with a big price tag and bigger mortgage payments, something that’s against my core values but when I saw the house and Cherry reminded me it was her dream to have a view of water, something switched inside me, all bets were off and I was negotiating the offer to win. Losing was not an option. We weren’t even actively looking as we are switching over a bunch of our investment properties out of our personal names to a corporation so we can get more mortgages for more properties. Crazy eh? That brings me to a learning lesson I’d like to share. Be cautious of who you accept investment advice from. A mortgage agent advised a real estate investor we know that Accountants just want to sell corporations to make money. The flip side however is some mortgage agents can’t offer you a mortgage in a corporation. It’s a tricky situation as corporations do come with costs but you know what? All the rich people I know personally invest in real estate and stock hack in a corporation. This is hardly advice, I’m just sharing my opinions and observation of my rich friends.View this post on Instagram
How A Former Teacher, Now A Contractor Buys Off Market Houses to Duplexes And His New Found Six Figure Side Hustle With Rene Masse
Speaking of rich friends, this week our guest is Rene Masse. His parents were school teachers. Rene went to school to become a teacher, didn’t last a week and became a full-time contractor and real estate investor. His focus was largely student rentals and no more on converting single-family homes into two-family homes. Rene is also a successful graduate of www.stockhackeracademy.ca where he’s achieved over $100,000 in returns this year, his rookie year as a stock hacker. For anyone interested in learning more about how to create a six-figure life skill, I will be hosting demos again in the new year… To register go to https://www.stockhackeracademy.ca/demo I present to you Rene MasseTo Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/n70o4z2E91c
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Rene:
Facebook: https://www.facebook.com/renepaulmasse/ Facebook work: https://www.facebook.com/getbetterreturns.ca Web: https://www.getbetterreturns.ca/ 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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 Dave Knight Got Started in Real Estate, Graduated to Wholesaling and Flipping, and Giving Back to the First Responder Community
Oh, where to begin!
We bought a house so we are moving to be closer to our office so our kids can be closer to us.
The new house checks many boxes for what we were looking for… It has a pool, backs onto a pond, a walkout basement, an inlaw suite, fully renovated, great schools in walking distance.
It’s kind of funny to see my handyman working at my house more than ever. Normally, all our investment properties get all the investment. We never even painted our house when we moved in. It’s now finally getting painted seven years later!
It’s a funny thing to move homes! My kids were born here and my vision was to leave this house to our kids for when they want to settle down but plans change. I look forward to the challenge of maximizing the sale price of our home to minimize the size of the new mortgage. Because I don’t practice being a realtor on a regular basis, I will enjoy the opportunity to practice my sales skills like I did when I listed our investment property and sold it for over asking, firm last month. As a concerned parent, I’ve asked some friends about kids moving schools including super apartment building investor Brian Pulis of Pulis Investments. A REIT of apartment buildings. Anyways, one of the silver linings of the pandemic is my kids can’t play with the neighbour’s kids and only half the students of their class actually attend in-person classes as my kids do. Now, the new house has a pool, the parks are bigger and closer to home, and the rear pond freezes in the winter for pond skating so we’ll have lots of fun things to do at the new house. As the year 2020 is winding down, I’ve done a lot of reflecting with Cherry and my team on how this year went by fast and at the same time, I think we aged at least three years. I’m looking forward to slowing down in December to recharge as it’s been quite a sprint. Even without doing a conference this year, we still did a bunch more than we had planned to do. We delivered a series of emergency webinars with tenant management experts, Cherry a government subsidy expert, Diane Digiandomenico my super property manager friend. Thankfully the government stepped in with CERB and rental income started coming in. We talked several investor clients off ledges. I had one client tell me his mentor sold all his investment properties and he was asking me why I wasn’t doing the same… in hindsight, we got lucky and we had our best year for price appreciation. Stock Hacker Academy in partnership with Lee Lowell was a massive success. We have one more proven method to help hard-working Canadians create a six-figure side hustle aside from investment real estate. We actually had feedback that Cherry and I’s big hairy audacious goal of helping 10,000 folks create six-figure hustles for themselves was too low. LOL. The website is www.stockhackeracademy.ca. I know many of you are skeptical which is totally cool. I was too and just like real estate, the most common regret among stock hackers is why didn’t they start sooner. It’s not the worst thing to wait, our last course was the best we’ve delivered to date and our next will be the best as well as we roll out additional education modules to ensure the success of our students. 2021 will be a big year for our wealth hacker community and I hope you’ll be a part of it. Fingers crossed we can deliver a live and in-person conference late 2021 and if not then, early 2022. I’m already working on another major keynote speaker and stupid excited about it.View this post on Instagram
How Dave Knight Got Started in Real Estate, Graduated to Wholesaling and Flipping, and Giving Back to the First Responder Community
Dave Knight is a full-time Police Officer who outside the workplace has been able to grow a multi-million dollar rental income portfolio… He has since written a book, audiobook and created a course intended for first responders to expose the many possibilities to invest in real estate. Full disclosure, Dave is a past client of ours, a friend and like all my friends I’m teaching him stock hacking so he may share that with his community as well. After all, everyday heroes need six-figure side hustles too and thank you to all first responders for your service.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/YShRAuGAzuE
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Dave:
www.911wealthnetwork.com https://www.facebook.com/dave.knight.5815 https://www.instagram.com/daveknighter/?hl=en 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
3 Side Hustles For Multiple Streams of Income: Real Estate Syndication, Hedge Fund, and Realtor with David Sun
Hello, my fellow wealth hackers!!
For anyone new to the show, I consider a wealth hacker one who invests in real estate, stock options, private equities, and maybe a bit of infinite banking.
These, plus a business that produces income, are the assets of the rich.
If you don’t believe me, simply google “Tiger 21”, a network of individuals with 10 million or more of investable assets and have a look at the member surveys of their asset mix.
In my experience, learning from the rich is a great way to become one of them…. If you’re on my email I’ve included a link to a CNBC article: https://www.cnbc.com/2019/12/19/heres-where-the-wealthiest-investors-are-finding-opportunities.html Spoiler alert: The top three weightings in order are, real estate, public equities (aka stocks and stock options hence we stock hack) and private equities. Personally, I’m way more real estate heavy but otherwise, I’m inline because of my stock hacking and the private equities I invest in for real estate developments and apartment buildings for more diversification within real estate and within Ontario. LOL I know that sounds kind of funny. I’m pretty sure any real financial planner would not call that diversification. However, in my experience, the returns are tough to beat. If you want to email us for a referral of where I personally invest for real estate developments and apartment buildings please feel free to. For those looking for something to read, one of my mentors recommended that I read “Who Not How” by Dan Sullivan, the famous coach to entrepreneurs. I listened to the audiobook at 1.5X on my commute to work. It’s not a heavy technical read so I found the audiobook easy to consume. I now find myself saying who not how a couple times each day to team members, my kids, Cherry, etc… The book is about how we as investopreneurs often focus too much on trying to learn how to do something versus who already has the skills, experience and know-how… I mean that’s how we built iWIN real estate. Our clients are mainly from the GTA, regular Canadians with have busy careers, kids and family. They don’t have 10,000 hours to master real estate investing and build a team like we have. Hence we are their who. They leverage us as their who to help them hack their wealth vs the folks who read 50 books and watch or listen to thousands of hours of YouTube and podcasts. Their focus is on the how. In my experience, I’ve had a lot of success hiring experts to either teach me or do the job for me. Like my golf coach who shot +1 when we played 9 holes together on the weekend. I’ve locked him up for the next two months for coaching. The cool part is less than one day of my stock hacking returns paid for it. Just like my last week’s returns will pay for next year’s golf membership. That is what I’ve learnt from the rich when the cash flow from your investments pays for your expenses. So whatever part of wealth hacking you’re interested in, feel free to sign up for my newsletter and see what we have going on. For Example, January 23rd is our next iWIN meeting, the cost is $20 and it all goes to charity. Clients attend for free. Cherry and our insurance guy will be presenting on the subject of infinite banking, a common practice by my rich friends. My lawyer Hussein will also be in attendance to give any legal perspectives and I’ve sent him a bunch of screen captures I’ve taken from social media from people trying to raise capital. I’ve asked my lawyer Hussein to comment from a securities law perspective so we raise capital safely without massive investigations and fines. If you are interested in getting more information, go to www.truthaboutrealestateinvesting.ca, enter your name and email to subscribe and you’ll be informed about all our upcoming events and how to get in touch with my team that’s taken me well over 10,000 to assemble. It is our goal to be the who for generations of future wealth hackers, owners of multiple six-figure side hustles.View this post on Instagram
3 Side Hustles For Multiple Streams of Income: Real Estate Syndication, Hedge Fund, and Realtor with David Sun
Speaking of side hustles, our guest this week is David Sun, who is a Princeton graduate. Yes, he’s American, an engineer who does engineering-type stuff for his day job and he has three serious side hustles, four if you count that he owns a single rental property… I guess that counts. Four side hustles. David is a general partner in an investment real estate syndicate, a structure required for multiple investors and large projects such as a student rental residence with hundreds of bedrooms. David is a part time Realtor and he has his own hedge fund, an alternative investment of pooled funds where he employs stock option strategies to actively increase returns for his investors. David is also a husband and dad to young kids. I suddenly feel lazy. I present to you David Sun.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/mFJrxaJVNnw
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow David:
Web: www.thetradebusters.com 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Raising Capital On Social Media, Flipping, Sourcing Flips, Flip Math, Private Lending With The Fruitful Investor Mat Piche
Hello, My Fellow Wealth Hackers!
A quick share on something that’s always served me well.
I have an open mind, it’s something my dad taught me as he comes from a science background, to be inquisitive, but not naive.
It’s served me well as an investopreneur as there are naturally tons of ways to lose money.
I’ve lost lots of money on poor investments, bad contractors, bad employees, bad Marketing and social media services.
I’ve had dentists try to sell me expensive work I didn’t need (my dad’s old business partner is a dentist. He’s very out of the way for me but I’ll make the trip for a second opinion not once but twice).
I’ve had a Realtor tell me a sixplex needed $70,000 to increase the property value by $200,000 yet the property had been listed for two months already and was being sold by a well-known slumlord.
He didn’t know who I was nor my buddy who is a Fireman as we stared in amazement at the wood fire escape that looked ready to fall off the building and didn’t even have steps that made it to the ground by about 10 feet.
Anyway, one of my mentors is investing heavily into Bitcoin which has been on a tear. Personally, I’ll wait for a pullback before getting in but I did purchase some Ethereum and I’m up around 60% ROI in just a week. I also own some gold and gold miner stocks. When smart people who have an extensive track record of making money share advice with me, I listen, research and take action. Saying no is also action… I say no way more than I say yes plus I have Cherry to vet my ideas since she sees hundreds of tax returns. She knows where people make and lose money. It’s that simple. And by track record, I mean at least ten years. With great references… And not because they have a youtube channel or a podcast. This week we’re going to the mailbag to answer some questions. “Hey, Erwin! Love the real estate podcast but I’m also interested in the stock hacking side as well. Just curious on average what amount of money is invested for these kinds of returns?” A: No different than real estate, returns vary between real estate investors. For example, this week’s guest Mat Piche makes more money on his investments than I do. Our appreciation might be the same but he has his own construction crews, own home staging, etc… From what guests have shared on this podcast, Joel Arndt who works for me is averaging 4% per month since June and just did a 7% cash return in November. Ron Esteban, a school teacher who will be returning to the show is averaging a couple thousand dollars per week. Kris Lewis is averaging 1-2% per week since April I think. Michael Bugg, a veterinarian was averaging just over $3,000 per week. Of course, the past does not predict the future. My real estate client Andrew is an outlier as he’s shared with me he’s returned 200% as he correctly invested in mostly electric vehicles manufacturers and some stay at home stocks. I honestly don’t even want to share these grand slam returns my friends are getting because it’s crazy but it’s the truth. Myself, it’s been a great month, I’m up 20% in November. I realized $4,200 US today. Follow on question: “have about 5k at the moment I’m willing to invest, do you think it’s better spent on education or learning what I can now and taking action? I understand you have multiple stock hacker courses at different levels. Where would you recommend I start?” Answer: The answer depends. When I was younger my focus was first on maximizing my job income so I can save more and get more credit for mortgages hence I invested in my own training. I have consumed a lot of Brian Tracy’s books and programs including Psychology of Success and Psychology of Sales. I soon after switched roles in my company from Operations to Product Management and received a 40% pay increase as I was taking more responsibility. A few years later, I became a successful Realtor very fast. I started in the summer of 2010 and in 2011 I earned six figures in commissions. Both the increased salary and career in real estate allowed me to become a much better real estate investor and qualify for more credit” I don’t mind answering questions from listeners, just please don’t ask me to mentor you, I have kids and team members and clients I’m responsible for. On to this week’s guest in Mat Piche… I invited Mat to come hang out, record a podcast, I showed Mat and his excellent videographer Tyler how to Stock Hack. We went to Virtual Galaxies to shoot zombies in virtual reality where we walk around with game controllers shaped like guns, a headset and headphones, and a battery pack in an empty room but the game is displayed on our headsets. It’s super cool. We were joined by fellow investors Seth Ferguson, Andrew Hines, Ron Esteban, Charles Wah and Kevin Huynh – All six and seven-figure real estate investors and professionals. Needless to say, we had a blast, a lot of laughs, I may have made a comment about how visible minorities never make it out alive in horror movies so our fair skin friends would lead the way, get between us and the zombies. It worked out as Ron and I got the top scores. We went for dinner afterwards where the conversation of course covered real estate, private lending, flipping, and stock hacking. There are few things I enjoy better than hanging out with like-minded, successful people. You never know what you’ll learn. If safe to do so, I recommend you all do the same. Our collective mental health has suffered during this pandemic. I hope you’re all taking care of yourselves. Grab some friends, go for dinner, go for a hike, preferably with like-minded success seeking people. Not sure where to find such people, our iWIN meetings are publicly available. In-person is for clients only. Online is available to anyone. The January 23rd meeting will feature a market update, what we are seeing on the streets of investment properties and a feature presentation on infinite banking by our guest and Cherry Chan. We’ll have Hussein my lawyer on hand as well so attendees have a comprehensive understanding of this secret of the rich. A personal friend of mine was magically able to obtain 3-4 more mortgages after running into a wall. If you’re on my email newsletter, you’ll have the links to register. Go to www.truthaboutrealetateinvesting.ca, enter your name and email address on the right and you’ll receive updates on the podcast, the show notes and event happenings including Stock Hacker Academy. Quick stock hacking update: I’m up 20% return in the month of November and last week I cash flowed $3,000 US. Today $4,200 US. This is my new normal. Growing my real estate businesses and four figures of cash flow per week as a side hustle with plans to golf a lot more next year. www.stockhackeracademy.com for anyone interested in purchasing the course. If you buy today, you get all the resources, recordings and can attend the next live-streamed course in March. Personally, I would want to learn this asap, maybe even over the holiday because if you follow US politics at all, the new President promised a whole bunch of stimulus. I’m not a particularly smart person but I’ve done a job of getting in front of monetary trends. www.stockhackeracademy.comView this post on Instagram
Raising Capital On Social Media, Flipping, Sourcing Flips, Flip Math, Private Lending With The Fruitful Investor Mat Piche
Mat Piche is a normal guy, a third-generation carpenter. He used to have a job renovating houses, then he started his own business renovating investment properties for investors. Investors ask Mat if he knew any great investment specialist realtors, he didn’t so he became it. Mat started sharing on YouTube back when fire was invented in 2012 and the rest is history. If you didn’t already know Mat, he’s very successful and he’s here today sharing a ton of tips, tricks, market updates, so have those pens ready. Mat is an open book and he’s dropping gold. I give you Mat Piche.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw
On Audible: https://www.audible.com/pd/The-Truth-About-Real-Estate-Investing-for-Canadians-Podcast/B08JJMFS15
Youtube: https://youtu.be/oLG-zW91OK8
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Mat:
Youtube: www.youtube.com/thefruitfulinvestor Instagram: https://www.instagram.com/matpiche 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Replacing Teacher Income With MLM and Real Estate and $200,000 On A Duplex Conversion with Pascale Brisson
Welcome, Real Estate Investors!
I hope you’re all staying awesome, happy, and healthy out there.
2020 has been a terrible year for many and it’s an odd feeling, guilty almost for us Wealth Hackers to celebrate so much success this year.
Among our community of investors, after a record year for returns in both real estate and stock hacking, the conversation has shifted to infinite banking – It’s one of the secrets of the rich.
It will be the main topic we cover at the iWIN Meeting this coming January.
It’s why I avoided drinking for a month before my blood and urine test for the insurance company. This better be good, as my investment is significant but my wife Cherry, who is an Accountant is spearheading this for our family.
Speaking of presentations, at my mastermind with fellow 7 seven-figure entrepreneurs, I was asked to give a presentation on how I’ve learnt to build a mindset of positivity, optimism and gratitude to a group of entrepreneurs… I’ll be sharing the same presentation to a group of investors at the upcoming Nov 28th iWIN meeting. I’m not always happy though, I just make sure I’m working and investing smart and my gratitude outshines the dark moments. If you’re on our email newsletter then you’ll read about our upcoming meetings. Our upcoming Nov 28th meeting includes guest talks from Jay Gabrani who decided to not grow his online business and instead focus on having more free time, personal real estate development investments, and stock hacking. Jay will be sharing how he came to this decision and how he’s developing his investment properties and Stock Hacking. We also have Anna Scott who will be sharing her stories and experiences being on all sides of real estate deals: as the silent money and credit pattern, as the real estate expert, as a private money lender, borrower and now brokering private money deals as a Mortgage Agent. Our iWIN meetings are publicly available again… For non clients, the cost is nominal and all proceeds go to charity. Anyone who subscribes to my email newsletter will be notified when we host events both real estate and stock hacking. To get on my newsletter which comes with being notified of new episodes of this podcast with show notes, go to www.truthaboutrealestateinvesting.ca. Enter your name and email address on the right side and that’s it! Quick update from the stock hacking competition between Cherry and I. Because our stock hacking is going so well and with our plans to upgrade our home, we are closing the personal account and consolidating to trade in only the corporate account. I’ll manage the trading going forward as Cherry will focus more on growing her business and my businesses. Between the two accounts, we are averaging a 42% return and well into six figures. Not bad for a beginner, after a market crash, and a bagillion mistakes eh? I’ve learnt a lot this year and the future for our stock hacking couldn’t be brighter. With the holidays approaching, I’m receiving all these requests for my office address for hate mail and Christmas cards and to be honest, from people wanting to express their appreciation for what this podcast or real estate or Stock Hacking has meant to them. I appreciate all the kind words and what I really enjoy is reading positive reviews on iTunes. Reviews also help new listeners decide on what podcasts they listen to and I would like to help them like we’ve hopefully helped you. So if real estate, Stock Hacking or this podcast has helped you, kindly leave a review, by simply googling “iTunes truth about real estate investing”, go to reviews, 5 stars, of course, is preferred and let me know how this show has helped.View this post on Instagram
Replacing Teacher Income With MLM and Real Estate and $200,000 On A Duplex Conversion with Pascale Brisson
Pascale is a mom and wife living in Ottawa, Ontario. As a young mom and school teacher, the pandemic hit her pretty hard with the decision to keep teaching in a changing environment and sending her young son back to daycare. Pascale decided to pivot this past summer to work online in multi-level marketing. I’ve invited Pascale on this show because multi-level marketing is a common thread among many investors. Jules Mckenzie has done it. Lynne Tham was a dynamo for Tupperware and I have other friends who’ve been successful in MLM as well who later go on to massive success in real estate. She’s a successful real estate investor and she shares her number on her current project.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/zWUMQVvgQbg
HELP US OUT!
Help us reach new listeners on iTunes by leaving us a rating and review!
To Follow Pascale:
Instagram: https://www.instagram.com/pascalinabrisson Facebook: https://www.facebook.com/pascalina.brisson 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Age 26, Making $300,000 in 20 Months On Cash Flowing Duplexes and 70 Hour Weeks With Joe Costanza
What was I thinking not hiring a coach sooner?
For regular listeners, you know I’m a big fan of self development, learning, reading, and one of my favourite hacks is having coaches.
I have Crossfit coaches, a Realtor coach, two Stock Hacking coaches, a new real estate investing coach and a pretty new golf coach.
My golf coach’s name is Chris and he’s a lot better than I at golf. He’s an associate golf pro at a pretty nice public golf course in Oakville, Ontario. He’s a tall, thin, 150 pound scratch golfer and drives the ball 300 yards. Scratch golf means he’s in the top 1.6% of golfers who report their scores.
As with anything in life, business, health, investing, I view it all as an experiment. When the pandemic hit, the first thing we were allowed to do was golf so I took up the sport. 2020 is the first year I’ve played more than twice in a season so I think that qualifies me as a beginner. This past Friday I had just my fourth golf lesson with Chris and finally made some massive improvements, the most improvement I’ve made all season. Right after my lesson, we played nine holes and I proceeded to have my best 9 holes of the season highlighted by landing my ball 12 feet from the hole on a 193 par 3 with my 5 iron. That’s about 30 yards farther than I normally hit my 5 iron and I made the putt for my first birdie of the season. The next day, I was golfing with Cherry and ten other friends and I had one of my better rounds of the season include 3 pars and a birdie on the front 9. What is the point of all this? After the round was over I couldn’t help but kick myself how if I could do it all again, I would have invested more heavily into coaching near the beginning of the season as much of the practice I did this season was kinda wasted. This was yet another experiment that proved to me the value of coaching. Practice and youtube and reading articles online as much as I did… those tens of hours did not compare to the 4 hours of coaching I’ve received. Going forward I will be taking weekly lessons as it is one of my Stock Hacking goals to afford me a nice golf membership. In my experience, I pay tens of thousands each year for coaching and the investment has returned. My question to the listener is where can you fast track your success by hiring a coach? I’ve wasted a lot of time in all areas by not having a coach. Please don’t make the same mistakes I did. This week’s guest, 26-year-old Joe Costanza was smart and worked with Coach Tammy Ditomaso from my IWIN Real Estate team to begin his real estate journey. If you’re interested in learning for free the same strategy implemented by young Joe who’s increased his net worth by over $300,000 in just 20 months then go to www.iwinrealestate.ca and enter your contact information to be notified of our next free training class on the #1 investment strategy in real estate. On to this week’s show!
Age 26, Making $300,000 in 20 Months On Cash Flowing Duplexes and 70 Hour Weeks With Joe Costanza
I first met Joe Costanza 20 months ago when he was a starry-eyed 24-year-old who had been hustling since a teenager, working several jobs, living at home to save up down payments for real estate. An architect by trade and having tried several side hustles less than successfully, Joe settled on real estate without much support from his parents. Fast forward to today, Joe owns three properties, two he’s already duplexed and the third to be duplexed house with a joint venture partner. This is Joe’s story. For those who like numbers, we’re pretty heavy with the numbers in this episode so have your pens ready. I give you Joe Costanza.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/B50aOLEUr70
To Follow Joe:
Instagram: https://www.instagram.com/josephcostanza/?hl=en Facebook: https://www.facebook.com/joseph.costanza.714 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
10 Duplexes In Five Years, 100% Committing to Wealth Hacking, Cash Flowing 1-2% per WEEK with Kris Lewis
Greetings my fellow Wealth Hackers,
What did you do for Halloween?
I love seeing everyone dress up! For my mastermind meeting with real estate dynamos like Susan White, Aaron Moore, Ryan Carr, Rachel Oliver, Sarah Coupland, they all showed up in costume to our Zoom meeting.
It was hilarious!
As I’m sworn to secrecy of what is discussed, I’ll share that “Beaker of the Muppets and a giant Hamburger made appearances” and I’ll leave it to you to guess who was who.
My costume arrived late but it’s a bit of an evergreen costume, so I’ll do a reveal at a later time. My kids dressed as Batman of course and Captain Marvel but more exciting than Halloween for me was the kids had their belt grading at kickboxing the morning of Halloween. This the first athletic test they’ve done and it’s the first time our club has allowed non-students to watch. Thanks to Covid, I’m stuck waiting outside in the car while the kids are in kickboxing class. I was totally surprised by how much the kids have learnt. For the grading, they had to demonstrate boxing, kickboxing and even Karate style punches and kicks. I personally appreciate a cross-discipline approach, no different than I invest in real estate and Stock Hack. Our club is open-minded to teach different styles of striking. For any mixed martial arts or UFC fans out there, you know the importance of multiple disciplines. The kids both passed and I couldn’t be more proud. We celebrated with ice cream that I bought on sale at Loblaws 🙂
10 Duplexes In Five Years, 100% Committing to Wealth Hacking, Cash Flowing 1-2% per WEEK with Kris Lewis
On to this week’s guest, an award-winning investor, Kris Lewis Kris is a dad, husband, multiple business owner who is really into spreadsheets while grinding through to earn his ‘luck’. His current priorities include reverse engineering a life he thought was impossible only a few years earlier. His goal from an investment perspective, which massively goes against his personality, is to make his income streams extremely boring. Kris is a real estate investor focusing on the Durham region, specializing in duplex conversions, while knowing in the first 30 seconds whether a property makes sense for his long-term strategy. Kris believes in multiple streams of income as an insurance policy, which makes sense given his chosen profession. He believes in continuing to educate himself and to learn from what others before him have done. While Kris knows that knowledge is key, he also realizes that embracing fear, making sacrifices and most importantly being ready to take action is an even bigger piece of the financial success puzzle, as evidenced by his 10 moves in the last 6 years. He’s come to relish the unpredictability of life and the opportunities that present themselves. Before you go, if you’re interested in learning more about an alternative means of cash flowing like hundreds of other real estate investors have, then sign up for my newsletter and you’ll learn of the next free demonstration webinar I’ll be delivering. It’s a much improved demonstration of the one I’ve given to my cousin Chubby at Thanksgiving dinner in 2019. He now averages 1% cash flow per week. As a real estate investor myself, I got into real estate for the cash flow but with the rising costs to operate a rental business, it’s just not the same it was 5-10 years ago when I started. Never forget cash flow reduces your risk, the more you have, the more lumps you can absorb and if you have no or limited cash flow, you’ll be paying out of your pocket like I did at a recent basement flood at my student rental in St. Catharines, ON. If you’re interested in learning more, register for free for my newsletter at https://www.truthaboutrealestateinvesting.ca/ and enter your name and email address on the right side. We’ll include in the newsletter when we announce our next free stock hacker demonstration. Find out for yourself what so many real estate investors are doing to diversify and increase their cash flow. And if you can’t tell, I love teaching this stuff 🙂To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/W1sDOYOYumQ
Looking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Free Land to Build, Basement and Garden Suites To Maximize Cash Flow With Andy Tran
Hello, my fellow wealth hackers!!
The secret to happiness is practicing gratitude and I’m grateful I can still go to my Radix Crossfit gym in Oakville.
I’m thankful several politicians including my local MPP’s who stood up to Doug Ford to not send us back to Stage 2, thus our gyms and indoor restaurants are staying open.
Before anyone gets mad, I get enough hate for doing this podcast for FREE. I’m no anti masker, this is hardly political, but I’ll happily stand up for small businesses since they’re not the source problem. It’s private gatherings and “sources unknown”.
The sources are unknown because people are gathering in private, getting sick then lying to health officials about it. It’s not rocket science.
Knowing the greatest source of transmission is private gatherings, why are restaurants and gyms the ones to be shut down and go bankrupt when in my area, they have not been the problem? And from my experience, they’ve invested thousands of dollars and hired additional staff for cleaning, disinfecting and screening.
In my city, the mayor stated how cases are declining below the provincial average and we have ample capacity at our hospitals so why another shut down to put the nail in the coffin of more small businesses. I really don’t get it.
Anyways, I’ve always believed talk is cheap and I put my money where my mouth is.
I’m making a $250 donation to MPP Jane McKenna who is not my MPP and I’ve let my MPP know about it. I let my MPP know that I support leaders who support local small businesses who will stand up to Doug Ford. I’ve said it a couple of times, this pandemic is making people crazy, so that’s enough ranting from me.
The other crazy thing is how not crazy my real estate and stock hacker friends have been. For those who say money doesn’t buy happiness… well apparently it buys sanity.
Shout out to Shane Layte who DM’d me. He’s our real estate client and his stock hacking returns this year were 96% but he gave back some to land at 86% currently. Or his returns are $5,000 less than what he’s earned this year at his 40+ hour job.
In case I forgot to shout out Ron Esteban, I had lunch with Ron last week, we had him on the podcast just a few months ago but he’ll be coming back asap after he dropped a bomb on me.
Ron has the highest percentage returns of any stock hacker alumni I’ve seen at 149% but do keep in mind, he’s account was funded by his real estate investments. You need both real estate and stock hacking to be like Ron Esteban.
Happy Halloween everyone!!
Fingers crossed my costume arrives. I ordered it from Amazon and paid for express shipping. It’s now 9-10 days late. Hopefully, I’ll have pictures to post next week in the badass costume.
From reading what my friend the infectious disease doctor is saying, we will be walking the neighbourhood with the kids in costume to enjoy the decorated homes. Cherry and I will buy our own candy to give to the kids and hide them around the house Easter egg hunt style.
I’ll have to figure something that’s healthier as we only let Robin and Bruce eat very little candy so they actually don’t like stuff that’s too sweet as they’re not used to it. So whatever we buy, I have to want to eat it…. Oh boy, I need to get back into the gym more and have my work cut out for me.
In the real estate world, I will be speaking at the Investor Forum hosted by Canadian Real Estate Wealth magazine.
It is my honour to be one of their guest speakers and to share with everyday Canadians the best opportunities in real estate and hopefully, they will indulge me to share about stock hacking… this is the organization that awarded my team Real Estate Agent of the Year to Investors in back to back years 2016 and 2017.
I will be on an expert panel sharing the when and where and what the best strategies are for 2021 for above market cash flow and returns.
There is a link in the show notes to join the already 500 Canadians registered for the online conference.
Full disclosure, it is an affiliate link and any commissions earned will go to my charity the Hamilton Basket Brigade to make sure some poor families in Hamilton will have their best Christmases ever.
Nov 3rd, all day online Investor Forum Conference for real estate investors hosted by the Canadian Real Estate Wealth Magazine.
Link: yourrealestateinvestorssummit.com/yourrealestateinvestorssummit1?affiliate_id=2787942
Now onto this week’s guest, one of my first real estate clients and long-time friend Andy Tran of Suite Additions.
Free Land to Build Basement and Garden Suites To Maximize Cash Flow With Andy Tran
Andy is a former Home Inspector, he’s a registered House and Small Buildings designer, real estate investor, developer. Andy has a degree in Architectural Science and he’s best known as the leading authority on accessory dwelling units design. In plain English, that’s legal basement apartments or garden suites or the million other names for a self-contained apartment. Why you need to know about accessory dwelling units is they are the best way to maximize your cash flow and overall returns in real estate. I give you Andy Tran.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/RcuFGNDBg94
To Follow Andy:
Web: http://www.suiteadditions.com/ Instagram: https://www.instagram.com/suite_additions/?hl=en Facebook: https://www.facebook.com/suiteaddition 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, click here to register nowNO 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/
Landlord of 75 Properties Retiring From Landlording With Mike Rosehart
Hello, my fellow wealth hackers!!
Who says you can’t mix business with pleasure??
This past Friday, I hosted Canada’s youngest retiree to come into the iWIN Hub (my office) to record a podcast, show him Stock Hacking and shot virtual zombies in virtual reality.
This episode was inspired by Mike going on a rant on his Instagram account about his frustration with his real estate: tenant related problems, day to day management of a sizeable portfolio and all its moving parts including property managers and contractors, finding out sex workers were operating out of his short term rentals and related complaints from the neighbours.
Add to that the pandemic and it’s hurt on the tourism, short term rental market and student rental market.
I messaged Mike that I was sorry to hear about his challenges and we started talking about stock hacking so I invited Mike to my office to demonstrate for him the strategy, record this podcast episode, have lunch and since he made the 2 hour trip out from London, I figured we would do something fun that Mike can’t do in London.
I made a couple of suggestions and we settled on Virtual Galaxies, a free roam, virtual reality gaming place in Mississauga. That’s when the hilarity ensued.
For anyone who knows me, I’m an oversized child and like to joke around.
The game was zombie apocalypse, we are soldiers armed with virtual guns, we do have a physical game controller shaped like a gun to shoot virtual zombies with.
If you have seen the movies or TV shows then you know zombies can be aggressive. The objective is to survive, navigate scenes including walking through buildings to get to a rooftop so a helicopter can come rescue you all in virtual reality.
The game is intense, fully immersive and not for the timid as Jimmy, Mike’s mentee found out when we had to split up and he had to fend off waves of brain-hungry zombies on his own.
His dissatisfaction with being on a team of one… well Jimmy was vocal about it while I was crying laughing. It’s been five days since the experience and I’m still laughing about it!
After much feedback from Mike and I’s mutual friends who have already been through Stock Hacker Academy, he’s going to give it a go as well.
www.stockhackeracademy.ca if you too would like more information about it.
We don’t have any more free demonstrations planned for 2020 but I’ll let you listeners know when we do.
Mike Rosehart is Canada’s Youngest Early Retiree, an Ivey Business Graduate, Youtube Social Media Influencer, Entrepreneur, and a Real Estate Investor in London, Ontario with an 8-Figure real estate portfolio comprising somewhere around 75 buildings in his career.
He’s a private lender, a private borrower, dad of two young daughters and he loves to give back and share including gifting out space in his own home to his mentees.
To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/QlX36ApQIQM
To Follow Mike:
Youtube: https://www.youtube.com/c/MikeRosehart/ Instagram: https://www.instagram.com/mikerosehart/?hl=en Facebook: https://www.facebook.com/mike.rosehart 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 at 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.caLooking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, Click here to register nowNO 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 To Cash Flow $400 Per Month With $10,000 to Invest With Joel Arndt
Hello, my fellow wealth hackers!
How is everyone this week?
A quick update from these parts, unfortunately with the rising daily cases of COVID in Ontario and the ever increasing restrictions, we at the Hamilton Basket Brigade will not be able to throw our birthday style party for the kids and the families we are supporting.
I’ve regretfully had to inform both Superman and Wonder Woman their attendance will not be necessary.
The most impoverished families as identified by both the Hamilton public and catholic school boards however still do need our support hence we are delivering to them gift cards of $100 each per family member.
It’s not much but it’s what we can do and you better believe Cherry and I will continue to focus on growing our wealth hacking: business, investing, and stock hacking so we may grow the funding of our charity.
We don’t just volunteer and raise money, for 2020, Cherry and I are the #1 donors and we’ll be looking to take over the #1 donor spot in history very shortly.
Shout out to Scott Dillingham and Matt Green for being amazing donors and for making us work for #1. Practice makes perfect, right? Well no, according to my daughter, she taught us the other night, practice makes progress. Practice makes perfect describes a finish line but all your wealth hackers know, there is no finish line. We strive to be 1% better each day or be better than the person we were yesterday, the week or month or year before. If you don’t believe me, did you know Tiger Woods did a complete overhaul of his golf swing? After just a few months and winning one in every four tournaments including winning the Masters by 12 strokes, Tiger wasn’t happy and worked with his coach to create a new golf swing. That would be the first of a couple times the greatest golfer and one of the greatest athletes of all time would decide his historical dominance of the sport was not enough. He could always improve. It truly is fascinating to study the super successful. For example, I am asked quite regularly on the benefits of coaching. To continue with the Tiger Woods example, his first two coaches as a professional golfer are widely consider the #1 and #2 coaches in the sport. Don’t worry folks, I’m not offering coaching. I take my work too personally and prefer more control or sometimes lack of control when it comes to my own golf game 😛
How To Cash Flow $400 Per Month With $10,000 to Invest With Joel Arndt
Anyways, this week’s guest is a returning interviewee, Joel Arndt. When he was on last year, he out of the blue challenged me in my ability to make an investor successful so I had him ask me his questions on the podcast. Some time has since passed and I thought it a good time to check in with Joel on his progress. Full disclosure, Joel now works with Cherry and me in our businesses and like all employees of ours, we teach them to be Wealth Hackers. We don’t offer pensions but we’ll do our darndest to mentor them to be financially free. Here is the conversation that came from a simple question when I asked Joel what he would do if he had $150,000 cash to invest. If you’re interested in real estate investing go to www.infinitywealth.ca or if it’s stock hacking, go to www.stockhackeracademy.ca Have you met Joel Arndt!?To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/fBX10KLz7eo
Looking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, Click here to register nowNO 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/
The Worst JV Divorce I’ve Ever Seen With Seth Ferguson
Hello, my fellow Wealth Hackers!
Today was my kids’ first kickboxing class and they loved it!
Kids in kickboxing? That’s crazy right?! Well, I am one of those neurotic fathers of a daddy’s girl so what do you expect?
And if you’ve ever watched any UFC then you know all pro fighters are trained in kickboxing and Brazillian Jiu Jitsu. Unfortunately our Brazillian Jiu Jitsu has remained closed during this pandemic, so it’s just kickboxing for now.
Next will be track as I’ve told my kids it’s actually best to run away and run away fast from a fight 😛
In all seriousness, I want to bully proof my kids, especially my daughter should she ever have to teach a boy their manners. As the saying goes, two black belts are better than one 🙂 Don’t worry though, we’re not letting the kids have all the fun… Our kickboxing gym is expanding so they’ll have adult class for Cherry and me to take while the kids have their classes. I’ll need all the practice I can get to postpone that day where the kids can beat up their old man 😛View this post on Instagram
The Worst JV Divorce I’ve Ever Seen With Seth Ferguson
On to this week’s show, we have Seth Ferguson, a real estate TV Show Host, Podcast Host, author, soon to be second time author, apartment building investor and Stock Hacker. I first met Seth a year ago when he invited me to his podcast, it’s one of my favourite interviews. Not only is Seth a great producer and great dresser, he came prepared like none other for our interview. Here’s the link in case you’ve missed it: Youtube: https://www.youtube.com/watch?v=CYzZrt9Zipc Web: https://sethferguson.libsyn.com/creating-wealth-is-your-duty-erwin-szeto-0 I haven’t had much free time these days so when folks ask me out for a coffee wanting to know my story, I send them a link to this interview and they’ll learn a lot more about me this way vs. taking me for coffee. After the interview, while Seth was packing up his kit we got chatting and he mentioned the potholes in his life he’s going to share about in just a moment. You know me, I’m always wanting to help so I invited Seth to take the Stock Hacker Academy the next week, he did but hasn’t done much as these potholes have yet to release back to Seth his capital. So, I invited Seth to our offices at the iWIN Hub for a tutorial and suggested if he wants to learn more he should take the all new 2.0 version of the Stock Hacker Academy and he signed up then and there. The alumni fee is nominal anyways and Seth loves to learn from the best as you’ll hear in this week’s interview. Seth Ferguson has undergone THE WORST joint venture partnership divorce I’ve ever seen. The only thing more astounding is how high Seth has rebounded in building his influence and real estate portfolio in apartment buildings in the US. If you ever feel down, think of Seth and set your efforts and level of action higher. I give you Seth FergusonTo Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/nftRbqwxmEU
To Connect with Seth:
- Youtube: https://www.youtube.com/channel/UCtFJbKpP0PKd1YT0PF_WNnQ
- Web: https://sethferguson.ca/
- Podcast: https://sethferguson.libsyn.com/creating-wealth-is-your-duty-erwin-szeto-0
Looking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome! Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again! If you desire the same for yourself, join the notification list now so you know when we have our next opening in the Stock Hacker Academy. Click here to join the notification listNO 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 A Former Technology Executive Automates His Real Estate For Mega Savings and Profits with Christian Szpilfogel
Welcome to the Truth About Real Estate Investing Show where we’re here to learn to build wealth together.
Having wealth is great, being part of a community where your friends and family have financial freedom, well that’s just a lot more fun to be a part of in my opinion.
How is back to school for everyone?
Our kids’ classes start date was delayed which is fine. I can see all the precautions being made and I’m confident in our school and teacher that everything is being done.
No different than in business or investing or stock hacking, I took an analytical approach to our decision to send the kids back. Note that we didn’t have to send the kids back as we have a full time nanny that the kids love and she loves our kids back the same.
Science, stats, whatever you want to call it, our school and the neighborhoods that attend our kids’ school is in the bottom 10% of covid cases in Ontario.
We don’t have any elderly living in our home so no at risk groups will be exposed to greater risk being around my family. Our kids are skipping the school bus and instead bike about 10 mins to school under adult supervision which they are enjoying.
So far so good. The kids are enjoying seeing their old friends and meeting new ones.
To show our appreciation, Cherry and I have sent gift cards to the teachers and our Vice Principal.
We received back notes of thanks, one teacher stated how the gift cards will be used to purchase class materials. I’ve followed up asking both what materials they need. Cherry and I will donate some or all of them.
To me, it’s the least we can do to give back after what has been a very successful six months for our real estate and stock hacking investments.
I mean, the government is pouring money into the schools for all the added expenses of cleaning, technology, personal protection equipment, etc…
As always, I believe we as private citizens need to step up and fill gaps when possible.
Same goes for our charity, the Hamilton Basket Brigade.
The need is greater than ever, we have more challenges than ever to host an event for these families in need but we are making it happen.
We are hosting an outdoor BBQ in the lower city of Hamilton, shout out to Charles Wah for donating the use of his parking lot and bathrooms.
The budget will be the same, the love and care will be the same, it will just mean fewer gifts, more gift cards and a lot more hand sanitizer 🙂 As always, we can’t wait to be the change we want to see in the world.
There is much to be thankful for after what I saw two weeks ago…
Two weeks ago, I volunteered to help an entrepreneurs’ group I’m a part of to check out potential office/event space to rent out.
Typical me, I show up excited without thinking it through but what did we find? Lots of beautiful space.
But think about it… Who is giving up their office space? Failed small businesses.
It was the saddest experience for me, it was like hopping between funeral homes for small businesses and as a real estate investor, I ask the question, why the space became available?
All these businesses no longer needed office space, some were on life support as their businesses were adversely affected and some simply moved to work from home.
Is it any surprise that August Go Transit ridership is 23% of what it was a year ago.
As far as I can tell, it’s a complete renters market for office space downtown Toronto and I imagine the same for many of the urban centers across Canada.
It was in the news last week how a couple of the biggest companies in Canada including banks are subletting unneeded space in their Toronto offices.
What a crazy world we live in!
Speaking of crazy or maybe not so crazy as it’s becoming a regular occurrence, Cherry beat me again the last two weeks of she trader vs. he trader.
Each week, her aggressiveness paid off, I think she beat me by around $2,000 US for each of the last two weeks.
The positive feedback on the Stock Hacker Academy 2.0 continues to pour in. We had a client last week choose freedom over continuing at his day job in exchange for being a full time wealth hacker: both real estate investor and stock hacker.
I’ll have Joe on the show soon to share his story of how he obtained his freedom.
If you’re interested in learning more, I’m giving a demonstration, totally free over Zoom.
This demonstration is in crazy high demand, we’ve had to upgrade our Zoom account and it’s the last one we have planned for 2020.
If you don’t know the story, I showed my kid cousin Wil, he’s known as “Chubby” to his family. Anyways, I taught him how to stock hack over Thanksgiving dinner, he’s a full time musician and in 15-30 mins per day, he’s able to cash flow over $1,000 per week all from his mobile phone.
September 24th, 8 pm again is the last demo we have planned for the year followed by Stock Hacker Academy 2.0 Featuring “the Godfather of Stock Options” – Best Selling Author of Get Rich With Options Lee Lowell. Links to register are in the show notes at
www.truthaboutrealestateinvesting.ca
Free Demonstration: https://us02web.zoom.us/webinar/register/WN_VEx9tUmdTIO3PWMauybnZw
Details for Stock Hacker Academy 2.0: www.stockhackeracademy.ca/
How A Former Technology Executive Automates His Real Estate For Mega Savings and Profits w Christian Szpilfogel
Speaking of making money with technology, this week’s guest has some crazy awesome advice on how to use technology in his sizeable real estate portfolio to save himself time, money, grief, and it even got rid of a drug dealing tenant who assaulted another tenant out of his property. Some of Christians’ technology even makes him money. Needless to say, this is an excellent interview. This is a long episode as Christian was generous with his time, he is a former executive at one of Canada’s most well known technology companies in Ottawa, Ontario where he lives. More recently we became the Vice President of Ottawa Real Estate Investors Group. Shout out to outgoing President Rich Danby. We talk about what makes a good investment club and in the second half Christian lists off a bunch of technologies he has personally implemented in his real estate. So, do have a pen and paper ready, you’re likely going to want everything he’s got after he explains the benefits.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/ASXVPrB19lw
To Follow Christian Szpilfogel:
- Facebook: https://www.facebook.com/szpilfogel
- LinkedIn: https://ca.linkedin.com/in/szpilfogel
- Instagram: https://www.instagram.com/aliferousproperties/
- OREIO: www.oreio.org
- Facebook: https://www.facebook.com/szpilfogel
- LinkedIn: https://ca.linkedin.com/in/szpilfogel
- Instagram: https://www.instagram.com/aliferousproperties/
- OREIO: www.oreio.org
Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
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…
Commercial Investing for 160 Units Locally and in Curaçao. Plus How They Paid For Their Trip Around the World With Leslie and Jamie Collard
Hello my fellow Wealth Hackers!!
Who turned off the heat? It sure feels like summer is over and we’re sort of getting ready to send our kids back to school.
For us, the start of school was pushed back one week and we’re in no hurry to send our kids back to school thanks to our live-in nanny who has been a lifesaver through the pandemic.
Speaking of back to school, we are back to our publicly available iWIN Networking Meetings to be live streamed via Zoom. The cost to attend is nominal, the presentations will be world class as always and our guest speaker is exactly the speaker we need for these special times. He is a Police Constable, a victim of systemic racism, and at last check he holds 21 investment properties. He is none other than Constable Jules Mackenzie. If you enjoy stories of inspiration like I do then you don’t want to miss it. Saturday morning, Sept 19th. Here’s the link: https://www.eventbrite.ca/e/iwin-monthly-meeting-19-sept-2020-tickets-115917948705 These are special times however with back to school that usually coincides with back to business after a quiet August but these are special times, the August real estate market was on fire!! Average prices in Hamilton were up 21.2% year over year for August and day on market were down from 29.6 days to 21.9 days per the Realtors Association of Hamilton-Burlington. If you like to know what’s going on with your real estate then you don’t want to miss our first publicly available meeting in 2020. Did you pick up new hobbies during the pandemic? Because of government regulations, I defaulted to golf as I was dying to socialize with real people outside of my house. Now here is how I use golf or any hobby as an experiment on learning and wealth hacking. The experiment is to see how quickly I can improve as a beginner. This year is the first year I’ve golfed more than twice in a summer, I believe that qualifies me as a beginner. Last year I shot a 136 at the Hamilton Golf and Country Club. Here are some best practices I’ve picked up in other areas of my work/investing I’ve applied to golf:
- I hired a coach. A golf professional who’s coaching both Cherry and I. Like investing, golf is more fun when done with those you enjoy spending time with
- Practice, I practice at least twice per week via play or the driving range or a lesson
- You are the average of the five people you spend the most time with. My golf buddies include a couple very successful entrepreneurs, investors, and I’m usually the worst golfer in the group so I usually benefit from the tips from the better golfers
- Tiger Woods: I read his biography and now I’m reading his book on how to golf. I enjoy reading books on ultra successful people and looking for insights into how they were raised plus how they raise their own kids.
- Equipment: I bought my clubs on Boxing Day Sale because I’m frugal and they’re widely considered to be good quality. As with many things, I have more disposable income compared to my talent and skill.
- Putting mat: I bought a nine foot putting mat to play with in the living room with Cherry and the kids. My putting has improved immensely
- There is no replacement for experience. As I learn how to play the game, I get better.
Commercial Investing for 160 Units Locally and in Curaçao. Plus How They Paid For Their Trip Around the World With Leslie and Jamie Collard
This week’s guests are none other than Leslie and Jamie Collard of Collard Properties and this is their 2nd interview on the Truth About Real Estate Investing. The Collards did start with smaller residential investments and are now focused on apartment buildings and developing vacation properties internationally. Leslie and Jamie are quite open and sharing about how they find deals as well so make sure to have your pen and paper ready. They’re even hosting a commercial real estate conference online and you can learn more about that on their website www.collardproperties.caTo Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/DviuJZsK_EA
To Follow Leslie and Jamie Collard:
- Commercial Conference: https://www.collardproperties.ca/seminars?fbclid=IwAR0LsjBSdTfSVfCecBkZo40sp0_SNUm0kbn5uSRQBK0y9ET1eDVKXn3G_Gg
- Web: https://www.collardproperties.ca/
- Facebook: https://www.facebook.com/collardproperties
Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
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…
Personal Growth Of A Single Parent From Selling Tupperware To Real Estate To Investing for 50% Returns and Stock Hacking with Lynne Tham
Hello, fellow wealth hackers!
I trust everyone is well!! From people I speak to who are investing in stocks and real estate, the response is overwhelmingly positive with bumps along the way.
Nothing is ever perfect.
In one of our student rentals, we installed an air conditioner in the attic and the students are happy except for one – The student who’s bedroom closet has the attic hatch.
Well, they’re not happy at all because dust got onto their furniture and they feel they weren’t given enough notice even though my property manager emailed them a week in advance of the installation and cleaners were in the house not even five minutes after the AC installer left.
I know because I was there.
The cleaners pulled into the driveway as I was leaving.
We offered to send the cleaners back but the student’s mom wants to be present to check if the workers and my handyman are wearing masks.
She asked to hold off on any other renovations so she can work it out in her schedule to be on hand but she didn’t want to take responsibility for the delays in letting the other student tenants know the cause of the delays.
Cherry and I are big on customer service hence we already gave a roughly 10% credit for the summer months which the students accepted and to send the cleaners back at our expense or to pay the disgruntled mom to clean herself if she preferred to keep the cleaners from returning.
What does she want? A four-month rent credit?
She also asked that I be present for her to vent her frustrations when my property manager is already present and authorized to represent me.
I’m pretty busy between family and business and investing so that wasn’t going to happen. Plus I’m not a fan of confrontation.
We have already offered the student and mom out of the lease as there is no satisfying her and as the saying goes, “How you do anything is how you do everything”, we’d like to avoid any future drama.
Such is the importance of having multiple streams of income.
Our portfolio can handle a hit to cash flow to make everyone’s lives easier. Life is too short to handle the drama from someone who wants thousands of dollars of compensation for dust on bedroom furniture.
This whole COVID thing is responsible for some special times.
I’ve seen my brother once since January. He came to my house to pick up a cooler for camping, he didn’t touch anything as he’s a biologist by education and studied infectious disease at school so he’s more cautious than most.
I miss him and my niece who’s only three years old but that’s what being responsible and respecting other people’s wishes is all about. Families, tribes, society, etc… don’t get along without well, getting along.
Then I see all the toxicity on social media. It’s crazy.
I generally don’t engage in it like discussing politics and religion on social media. From anyone who’s read How to Win Friends and Influence People by Dale Carnegie, you’ll recall no one wins in an argument, there are only losers.
Often both parties walk away angry at each other with neither being convinced to change their views and sometimes strengthening their resolve.
So what’s the point? It’s a waste of energy in my opinion.
Then there is one of my favourite tips from the super awesome Tim Ferriss, best selling author of the Four Hour Work Week.
In his book Tim gives the example of an upcoming election, how he saves time and energy, he simply asks a couple of people who have similar values on how they will vote and why and makes his decision from there.
In my experience, I’m lucky enough to be the son of a medical doctor and one of my best friends from school basically got perfect all through elementary, high school, university, and medical school.
I ask Dad how to protect his grandkids and he gives his advice. Dave my doctor friend now works in a hospital so I ask him what he does for him and his three kids who are around the same age as mine.
For me, that’s good enough for my family and me.
Everyone is entitled to their opinion, it doesn’t necessarily mean it’s a qualified opinion. No different than when I say the Leafs need to trade for a defenseman. I have no idea who’s available or who would be good on our team but yeah, I have an opinion.
You’re more than welcome to ignore it but just don’t argue with me 😛
We should already know this.
But too often we forget it.
You never know what’s going on in somebody’s life; what they’re dealing with.
- Physical health.
- Mental health.
- Racism.
- Financial burdens.
- Jobs.
- Divorce.
- …the list goes on.
So be kind. Be an ally. Be a friend. Be better. Don’t have anything nice to say then don’t say it at all.
If anyone out there needs help feel free to reach out, I’m not hard to find.
Last week we lost one of Toronto’s finest. Nearly a decade with the Toronto Police and just over a decade with the Canadian Armed forces. He was lost to suicide due to depression. Someone who on the outside had it all.
I just wish he had said something and I’m pretty sure we all feel that way when these things happen.
Rest in peace Constable. I hope you’re in a better place, you should have seen your funeral, there were so many people there to say goodbye.
Personal Growth Of A Single Parent From Selling Tupperware To Real Estate To Investing for 50% Returns and Stock Hacking with Lynne Tham
On to this week’s guest, Lynne Tham.
She was nervous to come on the show which is not uncommon. Public speaking by some surveys ranks higher on the lists of fears above death itself….
Lynne’s kids including my friend Simon told her to just do it and she did!
I’ll post Lynne’s full bio on our website, www.truthaboutrealestateinvesting.ca.
It’s a wonderful Canadian success story of a teenager immigrating to Canada, falling in love with the greatest country in the world.
Started a family, stayed at home to raise the kids, picked up a side hustle in multi-level marketing, excelled, became a single parent, became a Realtor, had a wake-up call at age 55 that she needed a retirement plan.
Invested in real estate, de-invested in real estate and now a pretty successful stock hacker.
I know we have several full time professional, uber-successful real estate investors like Ryan Carr and coming up next Leslie and Jamie Collard and their 160 units but for the investor who wants to take it easy and be a bit more passive…. Well, it worked out for Lynne.
Full bio:
Proud mom of two successful adults (Simon and Melanie) who form our family real estate team (we do between 40 – 50 deals per year as a team).
I’m a constant advocate for personal growth in my own life and determined to create my own financial future goals of being able to live, travel and work from anywhere in the world.
My own story – came to Canada by myself as an 18-year-old, without knowing anyone, from the UK, to be a nanny, in 1978. It was supposed to be a one to two-year work stay. Fell in love with the country, got married at 21 and became a Canadian citizen.
Being a stay at home mom I was recruited to sell Tupperware in the ’90s and this was the beginning of personal growth for me. I realized that I was a salesperson and loved motivating myself and other people to reach goals.
I was with them for 10 years and ended up owning a distributorship with them in the Toronto area.
After becoming a single parent in the ’90s, I had a five-year stint in the car business, being a business manager and selling cars, but long hours and very little personal satisfaction, motivated me to take my real estate license.
I became an agent in 2006 with the desire of being able to have the ability to increase my income and have the flexibility to travel to see my kids, who were both now living in the U.S. (Melanie on a gymnastics scholarship at Iowa State University and Simon modelling in NYC).
After building my business for six years it was a welcome addition to have my Mel join me in the business after she graduated university and then Simon, two years later.
Both of my kids did not have real estate as a career goal but they kind of fell into it after realizing that it was a great way to earn good money and also be able to pursue other passions (not to mention my daughter’s teaching degree did little to generate an actual job in teaching and Simon realized that modelling looks don’t last forever – but as his mom, I would disagree 🙂 and he’s still modelling now)
Five years ago, at age 55, I was staring at my future and realizing that I needed more of a retirement plan – at that time, my net worth was basically the equity in my Mississauga townhouse (at the time, worth around 775k, and I had a mortgage of $300k on it) and I had $200k in RRSP’s and that was it.
When I looked into what the Canadian pension was, if I waited until 65 to draw it, it was a wake up call.
This started my journey into how to build a consistent income of at least $10k a month within the next five years.
I had met with an investment guy from a reputable company, regarding what to do with my RRSP’s, who told me he could generate me a guaranteed 8 – 10% annually with their various investments.
It sounded a lot better than the 2% than my Scotia funds were generating, but luckily, I was introduced to investing in second mortgages by profunds in Burlington and decided to put my money there (it has now grown by over $100k in four years).
Simon had introduced me to your podcasts and it opened up a new world of exploration.
Around this time, I was invited to an event at my Keller Williams brokerage, put on by two agents who were representing, Brian Pullis’s project in Orillia.
They were offering an investment opportunity to purchase a townhouse in an older complex that had been refurbished and all the interiors gutted and renovated.
The homes were offered at $247k, and they were offering a $7k builder incentive and on top of that, my 2.5% real estate commission, so essentially I could buy one of these homes for $235k.
Again, embarrassingly, I hadn’t realized that I could take an 80% line of credit against my primary residence to take the down payment for an investment property, and I had always had the mindset that I needed to pay off my mortgage before doing so.
I got the line of credit and purchased my first property.
The type of property fit me well as it was easy to manage, (one-year property management was offered for free), and it cash flowed ($1400/month in rent).
This was a great first experience and it encouraged me to buy a second property in Orillia, which I had realized through listening to one of your podcasts (and Jules McKenzie), was listed in REIN’s top 10 cities in Ontario to invest in.
The second property was easy as it was new construction and the builder was only requiring $20k down. I closed on it a year later and after buying it for $345k and putting $20k into it, it attracted good tenants and covered itself.
I sold the first property 3 years later and made around $70k net, and I just sold the second one (closed yesterday) and made $145k in three years.
Last year, I had looked into the possibility of buying another investment property (at the time, I owned only one of the Orillia properties), but it had become so much more difficult to qualify for a mortgage and I was approved to buy at $600k, with B lender financing and it would have to be a legal duplex, generating $3400/$3500 monthly for it to work.
I realized that it was too much for me at this point in my life, to drive to Oshawa (where it seemed like the only opportunities to do this, existed in this price range).
In the summer I attended your IWin meeting where the discussion came up about the upcoming stock hacking course. I was so inspired by Adriano’s story and I had been listening to your increasing interest in doing it yourself and was following your progress.
Unfortunately, I was in Portugal in September when the first class was offered but as you know, Simon attended and he seemed to be quite inspired and impressed.
What sealed the deal for me was hearing Habib’s podcast with you, in the late fall, and I knew I had to sign up.
Since taking the two day course in December, it has changed my life.
No other words for it.
I started with $150k from my HELOC and then added $40k two months later. Since just before Covid, as of today, I’m up $54k, which is nicely falling into my goal of $10k/month and is opening up my future.
I plan on taking the profits from the sale of my investment property and adding it to my account, with the goal of making $15k to $20k a month consistently.
I am constantly amazed at how options trading is not only something that I could grasp but is so easy, enjoyable, flexible and unlimited.
I now find myself talking real estate clients (especially the ones around my age) out of buying their first investment property and doing options trading instead.
As you always say, there’s a place for both and they go hand in hand, but for me personally, and others in my situation, looking at retirement and how to fund it, in my opinion and experience, this is an incredible option.
To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/nqT2ygzopa8
To Follow Lynne:
Facebook: https://www.facebook.com/lynne.tham/
Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:
- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
If you want to see this in action, click here to register for the next FREE Trading Demonstration.
NO MORE Confusion
After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.
Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.
At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.
Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!
More secrets you’ll uncover are:
- Profiting in a HOT market…
- Municipal bylaws to watch out for…
- Mortgage terms that favour refinancing…
- AND one barely used tactic for higher appraisals…
If you’re frustrated, unsure of how to get started, this is for you.
Sign up now for the Invitation List and be one of the first to get an invite to the next class.
Sponsored by:
Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.
Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.
W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/
How To Maximize Returns via Highest And Best Use Real Estate With Ryan Carr
Hello my fellow wealth hackers!
Thank you to everyone for reaching out and asking about my son Bruce. He seems 100% now as he’s finished his eight days of antibiotics.
His visit to the dentist was fun as his front tooth is now toast, but the dentist said to leave it since it’s not bothering him. The dentist also found a cavity while poking around. Thank goodness we bought our own benefits plan for our family and a few of our employees to soften the financial blow.
I know many of you out there who are self employed don’t have benefits plans. We got ours through our local chamber of commerce as I’m a member of the Hamilton Chamber. Because the benefits plan is spread among the tens of thousands of employees among chamber members, the risk is diversified bringing the cost down which is around $300 per month for us.
We will definitely be getting our money’s worth this month between the emergency dentist visit, upcoming cavity repair, private room at the hospital, and now massage therapy as we have been having an RMT come into the office to massage the staff. Does that sound right? Hopefully you’re all taking care of yourselves and enjoying all the returns you’re making from your real estate and stock hacking. Never forget, life is short so do enjoy the fruits of your labour. I’ve spoken to many of you, including yet another newer real estate investor and a good friend of mine yesterday who’s real estate is fully tenanted. Everyone is paying rent and he’s cash flowing on average $2,000 per week via stock hacking. Have a wild guess if he cash flows more from his real estate investments or his stock hacking. Yet again, real estate for wealth creation, stock hacking for cash flow. Speaking of cash flow and stock hacking, here’s a quick update on Cherry and I’s she trader vs. he trader. Two weeks ago Cherry beat me by a whopping $40, but a win is a win and last week I won. I believe the score is around 16-6… I’m not sure what the lesson is here, but ladies, you can stock hack just as well or better than men. I spoke to a single mom of two this week who has taken the original and as well as the new and improved 2.0 version of Stock Hacker Academy, and her weekly returns average is $2,500. I hope more single parents out there have the tools to do the same. The lesson for the men? I don’t know. Maybe you can get lucky like me and have your partner out earn you. I personally have no problem with my wife making more $$ than me. I’ll make Cherry pay for our next round of golf together as she had yet another four figure day today. She had a deep in the money call option on Apple for those who know stock hacking. If you’re interested in learning more about stock hacking, I’ll be hosting another demonstration over Zoom. We almost broke the system last time as we had over 500 people register, but capacity is 500. We will not be making a recording available for privacy reasons so make sure you’re there on September 10th, 8pm EST. I’ll have several friends and family attending as well. I’ve been asked to give the same demo several times each week but unfortunately these are covid times, I’m really busy and protective of my gym, golf, Raptors and family time. The link to Zoom is ridiculously long so go to the website www.truthaboutrealestateinvesting.ca and you’ll find the link there. Link to register for the demo here!!! https://us02web.zoom.us/webinar/register/WN_kOWSraJaQKOmaUDiPn7HRg Or in my bio on Instagram and Facebook. This is totally free and it’s a much better demo than I gave my kid cousin Chubby who is averaging over $1,000 per week in cash flow or 28% return on investment in 2020. FYI He’s a musician by trade.
How To Maximize Returns via Highest And Best Use Real Estate With Ryan Carr
Speaking of cash flow we have Ryan Carr of RW Carr Investments as this week’s guest, talking about highest and best use and being creative in real estate. How he groups his real estate investments into buy, renovate and hold, short term renos/developments and flips, and longer term projects including a waterfront 14 unit multifamily he renovated that went hundreds of thousands of dollars over budget… how did it work out? You’ll have to listen to find out. Plus for the first time, Ryan talks about the passing of his real estate coach, Stefan Aarnio. I think most of you should already know Ryan. He’s been on this podcast more than anyone else and he’s always up to something big whether its writing articles about how to increase cash flow by renting out sheds, vertical splitting of a duplex, tiny homes, etc… If you don’t know Ryan, you will soon, as he’s up to big things that I’m sworn to secrecy, but here in the interview is what we can share 🙂 I give you Ryan Carr!To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/Laf0He4_J24
To Follow Ryan Carr:
Book: www.TheHighestAndBestUse.com Facebook: https://www.facebook.com/profile.php?id=100010830488618, https://www.facebook.com/rwcarrinvestment Instagram: https://www.instagram.com/rwcarrinvestmentco/?hl=enLooking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
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…
How A Veterinarian Quit His Job By Investing in Real Estate and Stock Hacking with Michael Bugg
Hello my fellow wealth hackers!
I hope you’re all having a wonderful summer!
My family was having an amazing summer, then we hit a speed bump. My son Bruce was running up the basement stairs and fell on his face cutting his lip. He cried a lot but I figured he’d be fine, no big deal right?
The next morning his upper lip ballooned up. I thought, ‘weird, this much swelling this late after the fall.’ I sent a picture to a doctor in my family and he said the swelling was from the fall.
Bruce also had a fever so I thought it was just a coincidence, kids have fevers all the time. Saturday morning, the swelling had spread to Bruce’s cheek and the fever was still there. So we did what any parent would do, we cancelled our St. Catharines property inspection tour to see a doctor.
It’s what I feared, an infection and Bruce was prescribed antibiotics. Those were a challenge as Bruce couldn’t swallow them and they tasted awful when ground up, even when mixed with honey.
Next day, there’s no improvement, so off to Emergency Bruce and Cherry go. In Covid times, only one parent is allowed in Emergency. Bruce gets admitted and stays the night at McMaster Children’s Hospital. Cherry stays with him and I’m just a ball of stress. Thankfully McMaster Children’s Hospital is just fantastic, including their pharmacy. They work their magic and we’re home on Monday with a plan for 8 more days of an antibiotics cocktail that Bruce likes thanks to the pharmacy. Even with the good news, I had a terrible headache. Boo hoo, I know, when compared to all those parents with kids who spend extended periods in hospital. I’ve said it before and I’ll say it again, investing in real estate and stock hacking is waaaaay easier than being a parent. I’d gladly trade all my houses for the health of my kids. Thankfully, this will only cost Bruce two weeks in the summer and the lesson as I’ve reminded him before, no socks in the house if he’s running. For you wealth hackers, I’m hearing from many of you that this has been an extremely profitable summer both in your real estate and for Stock Hackers. The Toronto Real Estate Board reported a record number of transactions in July and average prices are up 16.9% from July of last year. Hopefully those of you trying to time the market got in March or April. The markets where we operate, west of Toronto, we’re seeing multiple offers everywhere and outside of student rentals and condos, our clients are not reporting any significant vacancies. For those who own real estate, you’re doing great! For Stock Hackers, I’m receiving regular feedback from students who are achieving four figures per month and some four figures per week in cash flow, which is super awesome! It’s why we provided the courses taught by best selling author, Lee Lowell. Our very own VP of Coaching, James Maggs is averaging between $2,500 to 8,000 per month on $120,000 and only investing about four hours per week. Not bad! It’s more than CERB and that’s more cash flow than a piece of real estate that requires an equivalent investment of $120,000. But just ask any Stock Hacker how they funded their bankroll, almost everyone did with real estate profits or home equity lines. Real estate to build wealth, Stock Hacking for cash flow. Last Tuesday I delivered a demonstration via Zoom, a bit more of a polished demonstration vs. the one I gave my kid cousin over Thanksgiving last year. He’s a musician by trade and he too is cash flowing over $1,000 per week. Anyways, over 500 registered for the demo which is pretty awesome. Hopefully the nearly 500 who attended can reproduce the same results as my cousin, Chubby. In case you missed the demo, sorry you couldn’t make it. If you’d like to be informed of the next one and receive notification of when these podcasts come up, simply sign up for my email newsletter, go to www.truthaboutrealestateinvesting.ca and type in your name and email and that’s it. This is summer and we’re trying to enjoy what’s left of it, so no more demos till September and no, we’re not sharing the recording. If these were not covid times, I’d invite you into the office for a live in person demo. Then you could all look over my shoulder and see how I trade on my phone, but we’re in a different normal. On to this week’s show featuring another successful wealth hacker!
How A Veterinarian Quit His Job By Investing in Real Estate and Stock Hacking with Michael Bugg
Meet Michael Bugg, he’s a young father, husband and just recently a full time real estate investor out of Saskatoon, Saskatchewan. He began buying properties in 2010, specifically new construction, and his investing has evolved into small apartment buildings. In July 2018, Michael hung up the stethoscope and quit his job as a veterinarian. On this episode, Michael shares his journey to owning a couple apartment buildings and how he lost money stock hacking during the covid crash and the shocking returns he’s achieved since then. I give you Michael Bugg!To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/PA4L_K70zRs
To Follow Michael:
- Personal:
- Facebook/LinkedIn: Michael Bugg
- Instagram: @michaelbugg.dvm
- Real Estate:
- Facebook: YXE Real Estate Group
- Veterinary Project Podcast:
- www.anchor.fm/veterinaryprojectpodcast
- On all the usual platforms and YouTube
- Facebook/LinkedIn: The Veterinary Project
- Instagram: @theveterinaryproject
- www.theveterinaryproject.com
Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
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…
Proving The Husband Wrong, Investing in Cottages, Developments, Retail Commercial, and Stock Hacking for Six Figures with Monica Lee
Hello iWINNERs!!
I hope you are having a great week and enjoying the summer!
You may have noticed we didn’t release an episode last week as I was tied up with Cherry’s birthday week and golfing three times including taking a lesson.
Do you know the saying “you can’t have your cake and eat it too?” as in you cannot have two incompatible things or you can’t have the best of both worlds?
Well I’ve never been much to conform to rules so other than Cherry being my wife and mom to our kids, we invest together in both real estate and stock hacking, we own several businesses together and we golf together.
When I’m more disciplined, I got to the gym with Cherry 😛
Cherry is better at golf than I am, she beat me two of three outings last week. She beat me last week at stock hacking as well so I think she-trader is beating he-trader by the score of 15-6.
I do have other family who stock hack as well, my little cousin. His nickname is Chubby, he had big cheeks as a baby so my brother called him Chubby and the nickname stuck.
Chubby is a musician by trade, a beginner real estate investor, and he was a buy and hold investor of stable stocks like Canadian banks. During thanksgiving, we had my extended family over for dinner, remember what those days were like?
Anyways, I told Chubby he was leaving money on the table investing in stocks the way he was so I showed him how I would stock hack, I gave him Derek Fosters book “Money for Nothing and Your Stocks For Free.”
Fast forward ten months later, he sends me a screen capture of his trading app showing his returns are 22% this year so far. He can’t convince his wife to learn stock hacking but you know the crazy part? His cash flow is greater than the average Canadian’s work income.
Note that is for all of 2020 so that includes the COVID crash of February and March.
Also note, Chubby wants to buy more real estate, it’s just not easy as a millennial to raise 20% down payments. But if you can, there is no better asset class to build wealth in my experience.
If you’re interested in learning more about stock hacking, I’ll be giving a demo on Tuesday August 18th in the evening via Zoom.
It will be a bit more detailed than the demo I did for Chubby over turkey and wine, but my hope is the same for you the listener, to create a steady stream of cash flow.
The bigger the better.
>> Click here to register for my free trading demonstration. <<
Those who get my emails will also see an invite and if you’re not on my email list, that’s just silly. Go to www.truthaboutrealestateinvesting.ca and simply input your name and email and I hope to see you Tuesday Aug 18th in the evening on Zoom!
Proving The Husband Wrong, Investing in Cottages, Developments, Retail Commercial, and Stock Hacking for Six Figures with Monica Lee
This week’s guest is Monica Lee who is like family. She is Cherry’s BFF and godmother to our most prized assets, our son and daughter. Monica and husband, Rich, are both second generation Canadians. Their parents immigrated to Canada from Korea with not much in search for a brighter future for their kids. Rich and Monica both became lawyers who eventually quit law and six figure salaries to be full time real estate investors. Monica invests in cottages for short term rentals, a couple commercial retail properties, they develop and build houses, she stock hacks for six figures all the while being a mom to three great young kids. Just wait till you hear the story about how someone told Monica’s oldest son she would fail and give up as a stock hacker. Her response is pretty epic. I present to you, Monica Lee.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/-w-5hIkbxgw
Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
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…
Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam
Greetings my fellow iWINNERS!
I hope you’re all enjoying this summer as much as I am.
The craziest recession/depression or whatever we are in continues. The divide between the haves and have nots is widening, but don’t worry, for the haves, I’m sure our taxes will go up. Let’s all enjoy the great weather and market appreciation.
This real estate market in Ontario has created a lot of wealth for investors, including this week’s guest in Ken Bekendam. We’ll get to him in a moment. I’m sure he’s grateful and I know I’m very grateful for our respective real estate portfolios.
Cherry’s birthday is coming up and the plan is for us to golf seven of the eight days of her birthday week. Yes, this is Cherry’s bday and her idea, not mine. In Cherry’s previous life, aka a previous boyfriend who we don’t talk about was an avid golfer so they golfed a lot together.
Cherry has many shots that I do not and has out played me two of the times we’ve golfed this season. This past Sunday, Cherry and I golfed together with my cousin and his wife. Cherry and I were playing scramble as in we each shoot then choose who’s shot was better and we both hit from there.
We were playing at the lovely Indian Wells Golf Course and the last time I was there I hit a 119 which I was pretty happy with. When partnered with Cherry, we scored a 94. An improvement of 21%. Cherry mentioned how our golfing that day parallels our lives, we complement one another, raise each other up. We both have good and bad moments, but we can often compensate for one another.
On the first 9 holes, I was playing great. There was a stretch over two holes where every shot we used was mine. I mentioned it to Cherry then she hit her best shot of the day immediately after. She has a competitive fire and wants to be her best, much like I do.
Over the last 9 holes, I struggled a bit and Cherry contributed a lot more. With my advanced age and 35 degree weather, I tend to fade after the 14th hole. I think she knows this hence the high volume of 7 golf outings in 8 days so she can kick my butt 😛
Speaking of Cherry kicking my butt, she beat me in stock hacking yet again last week. I had my third best week ever but Cherry managed to make even more. Our household again realized five figures of cash flow in US dollars. She trader vs he trader is now about 13-6.
The stock hacking gains are great, but don’t forget, our bankroll was funded by our real estate.
For those interested in taking a beginner course taught by a best selling author and fellow stock hacker with 30 years of experience, including as a floor trader on Wall Street, he is none other than the Godfather of stock options, Lee Lowell, then go to www.stockhackeracademy.ca. Also save the date, the weekend of Oct 3-4th. This is the version 2.0 of the program and if it’s not called Stock Hacker Academy, then I have nothing to do with it nor endorse it.
On to this week’s interview giving us the Truth About Real Estate Investing and it’s not an easy one…
Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam
In planning a future without his wife Kaitlin and mother to one year old son Kingston, Ken Bekendam made the decision to quit his job and double down on his efforts to build his real estate investing business. At the time, half his income was coming from Ken’s investment properties, plus he needed to build towards the flexibility of schedule, being an entrepreneur, as Ken is now a single father, and financial freedom that comes with being a successful real estate investor. Ken is a renovation expert both for his own portfolio and for clients, especially in adding legal, income generating suites and additions to existing properties. Like many high level real estate investors, he’s raising private mortgages so you’ll want to pay attention to that part. I don’t want to spoil too much so I’ll let Ken tell you his story. I give you Ken Bekendam.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/AuhpPfsW-uo
To Follow Ken:
Facebook: https://www.facebook.com/kenbekendam Web: http://legalsecondsuites.com/ken-bekendam/Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
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…
Quitting Corporate at 29 By Investing In Real Estate and Stock Hacking with MR REI Himself, Cody Yeh
Well that’s not what I expected.
This week’s guest Cody Yeh dropped some bombs on this in the interview I didn’t know about and it was quite the pleasant surprise. It’s days like these I love my work and we’ll get to young Cody in just a moment.
The remediation of my flood damage is ongoing. The emergency clean up work was done. Big commercial, over sized fans were brought in to air out the moisture. A bunch of flooring, trim, doors and drywall, anything the water touched basically, has to be removed and disposed of. Now just to wait for the quote.
Thank goodness for having a good team and proper insurance, in this case sewer backup coverage.
Cherry and I have so much going on while my kids are at day camp in a conservation area which is awesome. They can swim in one of the cleanest lakes in Ontario. They’re hiking every day, they’re having a blast and to see them happy with big smiles and dark tans makes all this extra hustle stuff worth it. I hope all you out there are able to enjoy the fruits of your labour too.
Quick she trader vs. he trader: last week I won by a pretty wide margin and this week Cherry has a slight lead on me. So I think the score is 13-6 but at the end of the day, it’s a five figure week in US dollars of cash flow this week and last and probably the last eight weeks. Needless to say it’s been a great market for stock hackers no different than this week’s guest, Cody Yeh!
Quitting Corporate at 29 By Investing In Real Estate and Stock Hacking with MR REI Himself, Cody Yeh
Cody is a first generation immigrant who came to Canada while still high school age, went to university, got a white collar job, but apparently it was good enough as he quit this past January. I learnt of this before we started recording, but I assumed he got a new job. What 29 year old doesn’t have a job? This one I guess. Cody is a YouTube influencer, a real estate investor in houses with legal basement apartments in Barrie, Ontario, and he took our Stock Hacker Course last fall. These investments allowed him to quit his job to focus on building new businesses.
I haven’t known Cody a long time but I do know he hustles which separates him from the pack and his story inspires me. So without further ado, I give you Cody Yeh.
To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/8KD5o9chbeU
To Follow Cody Yeh:
Youtube: https://www.youtube.com/channel/UC9OnePY_skY0sV8nuvGtRoQ Linkedin: https://www.linkedin.com/in/cody-yeh-pmp Facebook: https://www.facebook.com/cody.yeh.7NO 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…
Big Fines, Student Rentals, and Stock Hacking with Ron Esteban
Hello fellow wealth hackers!
I hope you are enjoying your summer!!
It’s a good thing these covid times are during the summer so local businesses like restaurants can operate on patios to at least earn some income and keep the economy going.
For most of you Canadians, you’re ahead of us in Ontario for re-opening. We do miss our live and in person meetups with our clients, but for business, we’re in no hurry as we’re busy, if anything we wish this sellers market would slow down so we can help our investor clients acquire more property.
But for our investors taking profits and exiting, this has been wonderful. We will wait and see what Phase 3 looks like before we host even small meetups in the office again.
This past weekend, unfortunately, we had a basement flood. Thankfully our student tenants were home to call my property manager at 1 AM so he was able to go over and do what he could.
That was Saturday morning, by 11am, I was there to have a look and talk to my tenants with a $50 gift card for each student, plus one for my property manager Terry. The water had since drained but it went over an inch high so a bunch of drywall, trim, doors, flooring, etc… will have to be replaced. Our tenants are younger so they asked if our insurance covers their belongings. It doesn’t because that’s what tenant insurance is for. Here’s your friendly reminder to require your tenants to have tenant insurance. We had a flood which sucks, but we have a client who’s basement tenant improperly disposed of a cigarette and caused a fire so the main floor tenant with a new baby is now without a home at no fault of their own. Thankfully, the basement tenant has insurance as the home’s insurance will likely go after the person who caused the fire. Unfortunately the main floor tenant does not and will have to come out of pocket for a hotel or AirBnb till they find a new home. Speaking of AirBnb, I had a friend who specializes in AirBnb asking me about Stock Hacking. He was saying he didn’t want to invest and learn something new as he makes so much money running AirBnb’s. I shared how in my experience, multiple streams of income is the winning formula. We have small businesses, a portfolio of cash flowing real estate, and both Cherry and I do Stock Hacking. My deductible for the flood is $5,000. Well, I made over $5,000 USD this week already from stock hacking, so while it sucks to have an expense of $5,000, I can afford it. A reminder to have a buffer and why having multiple streams of income is best. The opposite is true as well, I’ll have a crappy day or week in the stock market and am grateful for my real estate. No one is better than the other. Having both in my experience is the ideal. Thank goodness my insurance specific for investment properties covers sewer back up. Now this is twice it’s saved my bacon. You may want to check if your policy includes it too. Quick Stock Hacker update of Cherry vs. Erwin. She beat me again last week so I think it’s 12-4 in Cherry’s favour. On the plus side, we combined for a five figure week in USD cash flow. Sorry for repeating this so many times, but I’m grateful to have learned this skill and that Cherry is willing to trade as well. Also interesting in our real estate world is we had another tenant have a disagreement with her housemates so they want to break the lease. To some that’s terrible news. To us, this property generates the least rental income so it’s our chance to improve that by renting it to students. We have that option or we could sell it in this complete sellers market we are in right now. This house we own with a JV and have some of our own money in it, so the return could be better if we owned it 100% or had zero capital invested in the deal. Or we may just sell it and turn it into a pool 🙂 For the longest time, Cherry and I have wanted a pool for the kids to enjoy and to entertain our friends and family. In my experience, the best way to pay for luxury items is to have our assets pay for it, so here we go, our investment and returns will now become a pool. An investment that was born out of a home equity line of credit over six years ago. Compare that to what friends I have who used their home equity line of credit to pay for a pool. To each their own, I just have a lot of future plans for early retirement and helping my kids pay for their education and a home. Speaking of education, I was talking to one of my neighbours about how their daughter wants to be a dentist. They have RESP’s to cover some of the undergraduate tuition, but she didn’t know tuition costs for dental school. I’ve googled it before so I was the bearer of bad news as I’ve seen it at 40,000 per year. I don’t think anyone saves that much nor wants to be saddled with that kind of debt. On to this week’s show!!View this post on Instagram
Big Fines, Student Rentals, and Stock Hacking with Ron Esteban
We have my friend, Ron Esteban on. He considers himself an average investor and not a big shot, but he’s got a couple properties. What is super cool is he’s teaching students how to invest in both real estate and stock options. That’s right, Ron is a teacher with one of those big fat teacher pensions we’re all jealous of. He received some great advice to invest in real estate from an unlikely source. Ron made some mistakes early on which lead him to meeting me around eight years ago and we’ve been friends ever since. On this episode, Ron shares how he got started, how being part of a community helped his investments, and a more recent “life changing” means of investing. On top of all that, he just got married and is about to become a new dad! Ron also shares what he’s teaching his students. Parents, pay attention to this part in case you’re trying to get your kids interested in investing.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/ILOFrcIdGg8
To Follow Ron:
Twitter – @RonEsteban113 Instagram – @ron.est.113 Facebook – Ron EstebanNO 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…
Government Subsidy Update, Cherry Beating Erwin at Stock Hacking, BHAG, Investing in Insurance with Cherry Chan
Hello Friends!
I hope you’re having a great summer, I know it’s not like other summers, but this too shall pass.
And no pressure or anything, but hopefully you’re taking this time to learn something new, make more time for yourself and your loved ones.
As it is social distance friendly, I’ve taken up golf and it’s been a lot of fun. I used to avoid golf because it seemed unproductive and time consuming. But when golf is done for Wealth Hackers, we assemble high level teams of successful entrepreneurs and investors, then it’s a great time!
The easiest way to improve your mindset is to spend more time with high level people and I’ve been golfing with some high achievers, like my good friend Charles Wah, who is developing, flipping and holding a fair bit of real estate.
We’re not high achieving golfers. My golf buddies are usually in the 90’s and they let me tag along with my 105-115 range. Mostly because I’m easy pickings for betting on golf :P.
One time, I accepted a terrible six handicap which ended in me making a $300 donation to a charity of my choice, the Hamilton Basket Brigade.
Quick update on the Hamilton Basket Brigade. We scaled back significantly for Easter with covid and all. We gifted $100 gift cards to the 30 something poor families in Hamilton and we plan to do a bit more for Thanksgiving, but expect changes as an indoor party is off the table. Don’t worry, though, we have some great ideas.
The need is great and we’ll be there to do our small part.
Real estate wise I hope you’re all doing well. According to the Globe and Mail today, Toronto real estate is up 12% in June from last year. Hamilton is up 13.7% over the same period or 3% higher May 2020.
If you’ve been following the news, you know CMHC predicts a drop of up to 18% in Canadian real estate, so if that happened in Toronto or Hamilton, we’d give back maybe 18 months of appreciation?
If you’re flipping houses, I’d be concerned, but if you’re holding for the long term to pass onto your kids like I am, I’m not too worried.
Speaking of kids, Cherry enrolled our kids in a bunch of camps after other summer camps had to cancel thanks to covid.
One of the camps is to improve on bike riding. This is the first time my kids are doing a bike riding camp, it’s only one week long but they’re entering directly into level 3. I expect my kids to pass level three leading to level 4 which teaches riding on the road, the rules of the road, signaling, street signs, etc., but it’s only for six and up.
My daughter Robin is old enough, but my son, Bruce, only just turned five. Cherry asked Robin if she’d like to take level 4 after explaining the agenda and that Bruce wouldn’t be able to join her. Robin said no, she’d rather wait till next year when Bruce can take level 4 with her, so she can watch out for him.
This is why she deserves the house we bought her and she can have our house when she’s old enough.
Quick Stock Hacking update, I finally beat Cherry for maybe the 4th time in 15 weeks of he trader vs she trader.
She obviously has an enormous lead and had a monster week last week. It took my 2nd best week ever and almost five figures US dollars to beat her. We’re really lucky to have the trading coaches we have in our lives.
June was a great month for me with 18% returns. That is gross and not annualized. If you’re interested in learning more go to www.stockhackeracademy.ca/specialoffer
Government Subsidy Update, Cherry Beating Erwin at Stock Hacking, BHAG, Investing in Insurance with Cherry Chan
Speaking of Cherry, she is this week’s guest, here to share about the latest in Government subsidies, why she got into Stock Hacking when I was already deep into trading, our BHAG (big hairy audacious goal), and so much more!To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/8d_uOttwc6w
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…
Buying Then Exiting $11M of Real Estate, Pursuing Passion In Buying A Business with Wade Graham
Happy Fathers Day iWIN Nation!
And happy 2nd mother’s day to all you moms pulling double duty!
I have much to be grateful for thanks to my dad who moved to Winnipeg from Hong Kong when he was 17 years old in pursuit of more opportunity.
He later escaped those crazy winters and black fly seasons for a less crazy winter in Toronto but he didn’t have any parents to guide him better so he ended up finishing high school at one of the roughest schools in the roughest areas of Toronto.
My dad is also a real estate investor but different from me, he makes a Doctor’s income so when he started investing in real estate, he chose Toronto new construction condos near subway stations. Needless to say he’s done quite well.
How silly was I to tell him he wasn’t an investor but rather a speculator. Those were the exact words I’d heard spoken from stage at a real estate network I belonged to.
Buying Then Exiting $11M of Real Estate, Pursuing Passion In Buying A Business with Wade Graham
Buying high in-demand assets with growing demand makes a lot of sense in hindsight. The business case for Canada to grow the economy via immigration makes a lot of sense financially to attract investment and talent. Unfortunately, many investors heard the same advice I did and instead of investing in Toronto, they invested in Edmonton and Calgary Alberta. Again, hindsight being 20/20, that was not a good decision. I know many of these people personally. Then last week, Wade Graham, a long time Facebook friend of mine commented on one of my posts about real estate how he’s glad to have exited all his Alberta real estate, $11 million dollars worth. Wade was part of the same network and community I was, for just as long, and I wanted someone who’s not all “rah rah real estate” to come on this podcast. Wade fits exactly that bill. 😛 What Wade offers as a guest is what went wrong in his real estate journey so you may all get it right. But real estate was not all bad to Wade as the network and skills he built translated into acquiring a failed business, making it successful, in an industry that he loves. In these trying times, there will be many businesses that fail which is terribly sad. However, there will be some entrepreneurs who can buy these businesses and their equipment for cents on the dollar. In the restaurant industry, that’s commonly known. The restauranteur who is the first into a space and invests hundreds of thousands for commercial stoves, ovens, fryers, fridges, freezers, furnishings etc.. They have to pay retail prices plus delivery and installation. Sadly, often the debt servicing and rent is too much, the restaurant folds, another businessperson then buys the assets for cheap and has a much better chance at survival and might even prosper. Wade has a similar experience to share which is timely considering the current environment and I wanted you my community to be aware of it. If you don’t know Wade, he describes himself as a: “Thinker. Feeler. Active. Outdoor. Trying to love a little more and forgive faster. I fail often.” Wade tells it like it is so the language is not safe at work or if you have little ones in the car with you. We talk about groupthink in real estate investing, the challenges of having tenants, some wild stories including when Wade had to rescue 200 pounds of gold in a backpack, and buying a business. Without further ado, I give you Wade Graham.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube:
To Follow Wade:
He posts some thought provoking stuff on Facebook: https://www.facebook.com/wgraham76 Float Canmore: https://www.floatcanmore.com/NO MORE Confusion
After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:- Profiting in a HOT market…
- Municipal bylaws to watch out for…
- Mortgage terms that favour refinancing…
- AND one barely used tactic for higher appraisals…
No Excuses, Growing Up Poor, Abused, Failing College, to Real Estate Multi Millionaire with Author Roger Auger
Hello iWIN Nation!
How are you holding up during these historic times?
Please do what you can to spend more time around positive awesome people. Feed yourself inspiring information.
For myself I’m taking some time to myself each day to get lost in my thoughts. I can do so by going for a walk or pacing around my home on rainy days. My house has a central staircase so I’ll leave a notepad and pen on the dining table so I can pace and stop and make notes 😛
It’s crazy how many good ideas have come to me in these moments to myself.
Health wise I was near my heaviest weight just two weeks ago at 191 pounds, and that’s not muscle. I was getting skinny fat. Cherry bought herself a scale that I found in our closet, I found it and hopped on it. 191. This morning I was down nine pounds at 182 after intermittent fasting the last two weeks. My intermittent fasting is simple. I basically don’t eat after dinner and for breakfast I only have coffee with a bit of grass-fed butter, 1-2 tablespoons. The fat keeps me from being hungry and I’ve been feeling pretty good, but I really can’t wait to get back into the gym. Speaking of gyms, sadly my friend Denise who owns a gym announced this week she is closing her doors. She is an amazing athlete and an even better trainer. Her energy and passion are something to be witnessed, but even with all that talent, the business didn’t work. I could be wrong, but I think the lesson is to own the real estate one’s business occupies. The BDC has been very accommodating from my experience, allowing mortgage holders to pay interest only during these extraordinary times. The more control the better, is my saying. It’s why we chose to buy our office location instead of renting. Commercial tenancy laws are heavily in favour of the landlord, so I’m not interested in being in a position of weakness when we can afford to buy. One of the reasons we can afford to buy is because we have a residential real estate portfolio. One of the biggest lessons from this pandemic is the government will support those in need, which includes our tenants so they can make rent. In a poll of iWIN members, rent collection for June was typical, many reporting 100% collected, but commercial business tenants are having all sorts of problems. And with Prime Minister Trudeau’s announcement that he will extend the CERB, the Canadian Emergency Response Benefit, it looks good for residential real estate investors. Combine that with a hot market for the properties our clients and iWIN members hold, we continue to be really lucky and in great shape to ride this out. Quick update on the stock hacking world, with the US Fed committing even more money to prop up the US economy, many stock hacker students are reporting great results. Cherry continues to kick my butt and we combined bring in over $4,000 US cash flow per week. Cherry beat me last week but I have a lead this week so I think the score is 11-2 for Cherry. At the end of the day, I hope you’re all improving your cash flow positions through small business, real estate, stock hacking, bitcoin, I don’t care what as long as you’re making money and making a difference in your community. Speaking of making a difference, we have an author on today’s show, an old friend named Roger Auger. I don’t have a bio for Roger so I’ll read you the description of his new book ‘No Excuses’ available on Amazon:
No Excuses, Growing Up Poor, Abused, Failing College to Real Estate Multi Millionaire with Author Roger Auger
“Deadbeat. Loser. Failure .Criminal. Imagine growing up in a family where those words were meant to be your future. Without loved ones supporting you, would you, too, believe “You’ll never amount to anything?” All around you, right now, there are kids who dream to be great but live without the support or circumstances to do so. Whether you were raised with encouraging parents or you bootstrapped your way on your own, you have the option to give a break to a kid in need. Successful real estate investor and business owner Roger Auger knows firsthand. No Excuses is his story of hustling stolen mac and cheese and paying his parents’ mortgage at age 13, to running a successful real estate empire. Carve out your own path of growth and learn:- What life can be like at home for some kids, how to spot a kid without support, and the little things you can do that have a big impact,
- How hard work can make almost any dream a reality,
- The pathway to creating a better future through real estate investing—even if you’re a kid who comes from nothing.
- Why YOU could be the answer to changing someone’s world, just by giving them a chance.
To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/6jtE6IMoHTs
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…
Balling out on Necker Island, Commercial Investing and Lending, New Start Up to Fight Covid19 with Diana House
Thank goodness the limits on gatherings are increasing to 10 people on June 12th!
Like many of you, I’m getting a wee bit tired of the lock down. Especially when my mom who lives in Hong Kong tells me their economy didn’t shut down; restaurants recently increased capacity from 4 per table to 8.
It’s been over one month since a new, local case of Covid was reported. There are plenty of lessons on how to handle a pandemic. Places like Korea, Hong Kong, even New Brunswick nailed it. BC is already going back to school part time.
It just sucks to be an entrepreneur, when, like many of you, we chose the entrepreneurial life so no one could tell us what to do and we are now being told what to do.
On the positive side, with all the rioting and violence going on the south of the border, I’m reminded yet again how grateful I am to be Canadian and grateful for stock hacking and real estate. All are opportunities equally available to anyone no matter the colour of your skin. As a minority growing up in Canada, my family was one of the early Chinese to come here fleeing Communism. When I was in elementary school, there were three Chinese kids in the whole school. There was my brother and I plus another Chinese boy who everyone assumed was also my brother. Investing has enabled those considered poor to enter the top 10% and even top 1% and we’ve had many of those folks on this show and we’ll have many many more. The investing community as I know it, is inclusive to all backgrounds and unfortunately a lot of assholes too, but we’ll do our best to only have cool people on this show, including today’s guest in Diana House. Before we get to Diana, a few updates from our parts: For the 2nd time in 11 weeks, I beat Cherry in our weekly stock hacking competition. It took a personal best by me: a five figure week, all USD in cash return which is great and all, but Cherry still maintains an overall lead of five figures. It will be tough to catch her in the overall race as we’re both adding to our accounts after our most recent refinance. We successfully refinanced that house that Cherry was mad at me for buying, sight unseen, no conditions, which I do not recommend to beginner and intermediate investors. This house had a leaky basement, black mold on all foundation walls, and a cockroach infestation. We found a dead mouse in the electrical panel and the whole house was knob and tube electrical: a known fire hazard and because of it’s proximity to a University, no bank would give us A rates. On top of that, we’re buying with a corporation and we’re a weee bit stretched on credit. In the end, we renovated top to bottom and I’m beyond ecstatic with the 2nd appraisal. The first appraisal sucked, the second was $40,000 higher after I provided the 2nd appraiser extensive details of the costly renovations plus a quality comparable sale of my choosing 😊. The plan is to reinvest the real estate profits via stock hacking, which is my favourite thing to do, have profits reinvested for more profits, reinvest again two more times, then eventually we can pay for a new pool next year paid for with profits. None of this would have been possible without: A) Being Canadian and B) Investing in whatever. I don’t care what you invest in, just that you invest and exit the rat race. On to this week’s show! This week we have Diana House!
Balling out on Necker Island, Commercial Investing and Lending, New Start Up to Fight Covid19 with Diana House
A SERIAL ENTREPRENEUR OBSESSED WITH EMPOWERING ENTREPRENEURS IN THEIR BUSINESS FINANCES. Her track record speaks volumes: she has built a highly profitable 7 figure company, been on Dragon’s Den (the Canadian version of Shark’s Tank), done a successful crowdsourcing campaign and sold two businesses in the e-commerce space. She now works with a fellow entrepreneur, her husband, on FFV Capital and Fast Forward Ventures, their real estate companies focused on private financing and commercial real estate investing. She’s been featured as one of the top female entrepreneurs in Canada by the W100 and also recognized as a top 20 under 40 entrepreneur by Business London. I give you, Diana House.To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/54auV4mRyXI
To Follow Diana:
Instagram: https://www.instagram.com/dianapowerhouse/?hl=en Linktree: https://linktr.ee/dianapowerhouse Go Fog It: https://www.gofogit.com/NO MORE Confusion
After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:- Profiting in a HOT market…
- Municipal bylaws to watch out for…
- Mortgage terms that favour refinancing…
- AND one barely used tactic for higher appraisals…
Starting Investing in the Later Years, Both Stocks and Real Estate And Selfishly Customizing Legal Insurance For the Investor with Victoria Masucci
What an interesting time we live in!
Remember when you could not get toilet paper? The new metaphorical toilet paper includes many things, things that are hard to buy: I hear in some places flour is hard to come by, tee times for golf, bicycles, and now trampolines. I’m sure there are tons of other stuffs I’ve left out but the trampoline is my family’s current problem.
That and school and summer camps are cancelled. Hence we’ve been on the hunt for backyard activities, specifically a Springless Trampoline at the recommendation of my friend Gillian Irving who used to own an indoor trampoline park.
When Covid first hit, the company had no availability, I assumed it was supply issues, then I found out this week, they had sold out their entire spring season supply. You had to get on a wait list for the fall shipment… This has been the weirdest recession, depression, or as Ben Tal the economist calls it, something in between.
There are some who are still spending, e.g. these Spring-free trampolines are all well over $1,000 and for now, you can only now get them used.
Thankfully, Cherry has a client who owns one and is getting rid of it as her kids are closer to university age than kiddie age. We’re supposed to go pick it up tonight as part of our weekly date night. We’ll romantically eat Chinese take out in our van since there is no dine in option.
Oh and I have to take this trampoline apart. I have trouble assembling IKEA furniture, but this trampoline… I doubt there are instructions. This could be a late night.
Quick stock hacking update. Sorry ladies, this gentleman finally broke the streak. I won last week with -$100. Cherry lost a bit more than I did. Not a great way to win but investing is not always winning and even though both Cherry and I lost last week, she’s still averaging four figures per week and I’m over $600 USD per week, cash.
Our goal for trading now is to make enough for a pool next year and I hear they’re expensive. Not just the pool but people spend tons on sheds and landscaping… ugh. Life is a money pit.
Thank you everyone who took the time out to send some kind words after hearing about haters posting negative reviews of this podcast on iTunes.
Thank you Dwight, Kory, Kate, Letitia, Andrew, Bill, the list goes on. Thank you Kate who defended my honour by posting her review on iTunes as she took exception to the negative posts and she took the Stock Hacker Academy 2.0 along with 200+ others and the feedback has been overwhelmingly positive and a significant improvement over the original.
Dwight was kind enough to share how he became intrigued with stocks in February after listening to this podcast, took action, opened a TFSA and has since more than doubled his investment into the six figures. That made my day!
Just like real estate, it’s not for everyone. I do believe anyone and everyone CAN stock hack or invest in real estate, it just may not be their priority right now.
On to this week’s show!
Starting Investing in the Later Years, Both Stocks and Real Estate And Selfishly Customizing Legal Insurance For the Investor with Victoria Masucci
We have Victoria Masucci- Very happily married mother of two
- Self employed for over 20 years and former business owner
- Voted Insurance Business Canada’s top 10 Women of Distinction
- Huge life change resulting from the diagnosis of a life threatening illness of a child
- Became a real estate investor at 53 years of age and a stock hacker at 56 years of age to ensure financial freedom (better late than never!)
- Working towards bigger goals including letting others know about our journey to ultimate financial freedom (maybe a book, blog or speaking engagements – or all three!) and the eventual setting up of a charity
To Listen:
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/lgl1FwvgERk
To Follow Victoria:
Web: www.oraclerms.com LinkedIn: https://www.linkedin.com/in/victoria-masucci-31b390a/?originalSubdomain=ca One hater even took the time to detail all the challenges with options trading. Oddly enough we covered all the criticisms in the version 2.0 of the course and we made it available to past students for a whopping $100. And we’re donating a good bunch of that money to support health care workers. Am I all about making sales? Those who know me know the answer. Not nameless people who go posting online. What these haters and people who don’t know me is I was raised by Asian parents, whatever criticisms the haters have my parents were tougher. In turn, Cherry and I give our best in everything we do, take responsibility, yada yada. For example, my new friend Gino from Calgary took the original course in the fall, he’s been trading a while and taken other courses and he was kind enough to share his constructive criticisms with me. I was all ears. For many business owners, you know it’s often hard to collect feedback whereas Gino was very sharing and I took notes. Now here’s Gino’s feedback on the all new version Stock Hacker Academy 2.0: What a breath a fresh air to hear from someone (Lee Lowell) that approaches his trades in conservative matter and has a plan in place as in how to navigate the market if it starts going against you. I wish I would have known how to implement the rolling strategy a few months ago. I love his thought process when putting in a trade. Example not doing naked puts on stocks over 50 dollars and use spreads on more expensive stocks. Stay out when there are earnings reports. Never gamble with your money. Thanks Lee and I look forward to working with you in the future.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…