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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!

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello 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.

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New Surround sound speakers to pair w 80” projector screen and fancy projector! The man cave… I mean office/iWIN Hub is almost complete!! Can’t wait to host clients here! . Time and life is short so I personally like combining business and friends. Our clients are our friends and we enjoying spending time with them. Can’t wait to host our investor community!!

A post shared by Erwin Szeto (@erwinszeto) on Jun 16, 2020 at 1:20pm PDT

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.

No Excuses gives us hope that the world can be improved one kid at a time. The world doesn’t give you handouts…but with a dose of Roger Auger’s hustle and paying it forward, you could be on your way to success.”

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

What 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

What I also found fascinating is the insurance program Victoria designed for folks like us – entrepreneurs and investors, and how she successfully included her children in her business. So without further ado, I give you Victoria.

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…

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/

Happy belated mothers’ day and shout out to the dads pulling double duty! My own mom came to Canada on a student VISA when she was 17 with my dad to finish High School at Jarvis Collegiate in downtown Toronto, a really bad area back then as they didn’t have parents here to give them guidance.  My earliest memories are of living in Scarborough, Ontario in a small 1.5 storey house, again in a bad neighbourhood near a bunch of government housing. I’ll never forget the day my brother’s classmate ripped his Optimus Prime Transformer toy out of his hands after school. He had brought the toy for show and tell. The Principal wouldn’t do anything about it because it was done off school property.   This was a house my parents could only afford with THREE mortgages with interest rates in the teens.  To make ends meet while my dad was finishing university, mom operated an unofficial bed and breakfast out of our home.  She would rent out rooms in our home to friends of friends and make them breakfast in the morning.  The original AirBnb.  Only now that I’m a parent trying to do right by my kids, getting them to eat their vegetables, not waste food, cleaning up after them (mind you I have a full time nanny), do I fully appreciate what mom did in raising us at a much younger age, with a lot less resources then Cherry and I have.  I was 12 years older than my mom when we had our daughter, I owned a house plus a couple investment properties and a successful, award winning Realtor business. I have much to be grateful for with the mom I got so thank you mom and again, happy Mother’s Day to all the wealth hacking moms. Update on the Cherry vs. Erwin stock hacking competition or rather lack of competition. Cherry eked out $1,600 USD victory.  That’s how much she beat me by, not her one week return.  I had a low four figure week, a great week but yeah. The score is now 8-0. Because business for both of us is slower with less appointments we are partaking in what I call Corona trading which just means I am trading a couple hours per day, more than we normally would to take advantage of the current market conditions.  We won’t stay at this pace forever, but it’s great to have this added source of cash flow.  And this is cash flow, the returns I’m sharing are realized gains and are cash.

Serial Investor, Ultimate Side Hustler, Real Estate Coach Tim Hong

On the real estate front, can we stand down the red alert on real estate? Not to say challenges are not ahead, but much more is known now about the problems we as real estate investors face compared to two months ago, pre-march break. Commercial is a sore spot, both residential and non residential.  Student rentals will be a challenge as McGill and UBC announced many classes will be online.  What that means for our student tenants remains to be seen as many programs require labs, group work, in hospital rotations, etc… For tenants who are looking to rent something, the timing couldn’t be much better.  Same for those who have cash and credit to buy.  There will always be opportunities for some, so take advantage while you can.  For example, I have a family member looking to sell a starter home in the suburbs and buy a bigger condo downtown Toronto.  The timing could not be better.  Again, opportunity will always come to those who know where to find it. Speaking of chasing opportunities, we have a legit wealth hacker as our guest on this week’s show – Tim Hong. Tim house hacked his first home, a 2+1 bedroom condo by renting out 1+1 bedrooms to students as his first taste of investing in real estate. Then he did rent to owns, bought an apartment building, invested in student rentals, then got licensed in real estate. Now Tim coaches investors, started a property management business, had a tenant offer non monetary rent compensation (I’ll let Tim explain that), and Tim has been trading foreign exchange currencies for 5+ years.  How’s that for a wealth hacker? I’ve also convinced Tim to do some stock hacking with his TFSA’s 😊.  If there is an efficient means to make income, Tim is into it. Tim is also a coach on my team at IWIN Real Estate and has been with me since I can’t remember, maybe 2012? It’s been a long time and without further ado, I give you Tim Hong.

To Follow Up With Tim Hong:

Instagram: @_timhong_ Free book on real estate: www.timhong.ca/book www.kitchenersoldlist.com www.hamiltonsoldlist.com

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello my fellow Wealth Hackers!! I hope you are all doing well and staying healthy in every way! Yesterday we shaved my son’s head as it was getting a bit long.  He’s got nothing on his dad as my hair hasn’t been this long since I was in high school as an avid Metallica fan.  I had shoulder length hair back in those days. I posted a picture on Facebook asking what my friends think I should do: grow it long or shave it all off. I confirmed with my mom, I’ve never had a shaved head before. I know, to my memory, I haven’t shaved my head, but I wanted to confirm with my pre-memory days, pre-bowl cuts by my mom in our kitchen.  Literally a bowl cut, a steel bowl on my head to guide her scissors.  I was definitely the coolest kid in school with a bowl cut and barely speaking English.  My how far we have come…. We just hosted the all new Stock Hacker Academy to over 200 students this past weekend.  As always, we are looking to improve over each and every event and this was no different.  Thank you all for the kind words and feedback from both the new students and past students back for a refresher.  With over 400 students who went through the original program, we had loads of feedback from before which we implemented this past weekend and for the rest of the program.  It was a ton of work, but really rewarding. I’m recording this on Wednesday and I’m only starting to feel recovered. LOL. Thankfully, it’s another winning week of trading while at home for both Cherry. It keeps us busy and we have fun.  For anyone keeping score, Cherry is beating me at trading 6 weeks to nothing. We are close this week but we will see. Real estate wise, not much to update, we had a fridge die in one of our rentals. This was from our executive rental in Etobicoke, west of Toronto.  These tenants rarely call since the house is newer so Cherry “manages” it if you can call it that.  The phone call comes in, our first suspicion is it’s a problem in paying rent but no, it’s just the fridge.  In the grand scheme of things, the new fridge costs a lot less than one month’s rent.  Our tenants are super grateful for a new fridge and missing having adult conversations as they chatted Cherry’s ear off.  Having a great, low maintenance property with a low maintenance tenant with the income like a doctor makes this business a pleasure. On to this week’s show!

Investor Greater GTA Market Update With A Whole Bunch of Awesome Realtors

As a real estate nerd, I enjoy reviewing real estate market stats. However, we wealth hackers know, the stats are great for general consumption, but none of us are investing in average real estate and the smart money invests in investment grade real estate.  This is why I reached out to some of the best Investor agents I know in the top markets for investing just outside the GTA since we all focus primarily on cash flow. On this market update show, we have agents from east to west; Justin Konikow of Prime Real Estate in London, Rob Break who works the same real estate brokerage I do, Rock Star Real Estate, all the way from the East in Durham and Peterborough. Most of you know him from the Break Through Podcast. To the great white north of Barrie, we have John Beddome. Representing Kitchener, Waterloo, and Cambridge, from my own iWIN Real Estate Team, Tim Hong. And finally, the duplex queen, from Hamilton, Tammy Ditomaso. To me, this episode is a special treat as these are the agents I call when I want to know what’s happening on the street in regards to real estate for investors.  There is a lot of fear out there which is why I brought this group together to update you all on what’s happening on the front lines of real estate and property management. I hope you enjoy the show!  Without further ado, I give you Justin, John, Rob, Tim and Tammy!

Show notes:

Justin: https://primebrokerage.ca/ John Beddome: https://investedinyou.ca/ Rob Break: https://mrbreakthrough.ca/ Tim and Tammy: https://www.investortraining.ca/freeclass

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/

My first home work out didn’t go well.  My head was hurting, I was sucking wind, I had to take a seat on the curb while Cherry ran past me several times and completed the whole workout.  I only completed 40% of the workout which is really less than 20% of the workout since all the benefits are at the end when it’s most challenging. This was three weeks ago after My 41st birthday had just passed. I love my wife and kids very much, it was just surreal to spend it without the rest of my friends and family. Normally I don’t drink at all but when this whole social distancing thing started, I’d have a drink each night, everyone else was doing it so why not indulge, it’s my birthday two-week period after all.  At least that’s the excuse I was telling myself. Then the workout, a chilly sunny day at Cherry’s suggestion.  Really it was more like she wanted to workout, suited up and walked out the door.  She’s a leader by example. We were doing planks, burpees, kettlebells, running etc… then I gave up and did not finish.  I can still count on two hands how many workouts I have not completed. The thought of giving up crosses my mind every workout, but since starting Crossfit, I’ve not finished under ten times, each time my body gave up before my mind. Looking back this was no different, but at the time, thoughts raced through my mind about what went wrong, asking questions: how was my diet, my sleep, how much I’d been drinking? This was my bottom, while on my hands and knees trying to catch my breath, I vowed, no more drinking, this is over. Fast forward to this week, I redid the workout that humbled me, I completed the whole thing at a reasonable pace and even beat Cherry at something for once.  On the weekend while strolling with the kids we stopped in front of our local Play It Again Sports store, they wisely lined up all their home gym products in front of the window.  Cherry called and ordered us more equipment and the store owner of course was grateful to do some business. Support you local businesses! One of my biggest takeaways from this period is how grateful I am for Cherry.  She’s my rock, my partner in all areas of my life, my accountability partner, we talk Stock Hacking, investing, marketing etc, and thanks to Covid19, she’s home more often to have dinner together as a family. Here are some updates from our investing! Our office is now painted, the same office we are calling the Wealth Hacker Hub and future meetup space for Stock Hacker Academy students.  Hopefully it will be ready to host our friends and clients as soon as restrictions are lifted. We’ve only had two of our 30 tenants not be able to pay rent for April, they just happened to be in the same property, a house with a legal basement apartment so we deferred that mortgage. While driving this weekend I noticed the we haven’t used much gas this month.  Not even half a tank in two weeks all the while our other car hasn’t moved in weeks while parked in the garage. With all of our appointments moved online, I called my car insurance company to reduce my insurance to a parked car and they did it no problem.  Sweet! Saving money! With all this extra time on our hands, Cherry and I have been Stock Hacking a lot more. Quick update, Cherry continues to cream me. It’s either 4 – 0 or 5 – 0. We’re going to have to stop tracking this soon.  She made a couple thousand US yesterday so no contest, she’ll win this week again. For those who remember Adriano the electrician, he’s not working either so he’s making a couple thousand each day stock hacking as well. I spoke to him on the phone just now, he says trading is a life saver. I asked him to think if this was ten years ago and the virus hit and he didn’t have his stock hacking skills.  Yeah, life wouldn’t be so good and Adriano wouldn’t be his usual cheerful self. We were actually able to convince our skeptical, mutual friend Chris Zavarise of Hamilton, Ontario.  Chris is one of my general contractors and while renovating one of my properties, hired Adriano for the knob and tube replacement.  That’s how I met Adriano about four years ago. Chris now is loving Stock Hacking too, we couldn’t convince him to buy real estate but Chris likes this and is up 21% since he took the December class last year.  He does it all from his cellphone. That is how we roll, have something great to share and we share it to our friends and family.  Which is why we are proud to offer you all Stock Hacker Academy 2.0. With all the Grant Cardone stuff we’ve done recently I tell my friends it should really be 10.0 because we are now partnered with Lee Lowell who will be teaching his four required strategies to maximize your return on investment after we hit the bottom of the stock market. If you don’t know how to time the market or what stocks to pick and how to trade? We’ve got you covered as part of this program. Students will receive Lee’s newsletter that he’s been writing for the last 15 years in plain English, detailed instructions on his trades so anyone can Stock Hack like an ex floor trader of the New York Mercantile Exchange on Wall St. in the financial capital of the world. https://www.stockhackeracademy.ca/specialoffer Discounted pricing ends April 23rd and the program begins April 25th, live streamed to your home. We’re all stuck at home, may as well learn how to make money from home.

Financial Planning For The Recession with Kathleen van den Berg

On to this week’s guest: Kathleen van den Berg, MBA, CLU, CFP. I think she’s great because she’s one of the rare Certified Financial Planners who recommends owning real estate and she owns a fair amount of real estate too.  I invited Kathleen to come on the show, asking her to share what advice she has for her clients during these historic times. 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 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/

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello Wealth Hackers, I’m podcasting to you while in self isolation from my usual place, my home office.  My fourteen days have passed since we returned from a wedding in Florida, fifteen now at time of recording and no symptoms to report. We got home before all heck broke loose and self quarantine was required so we were just extra diligent about our self monitoring for symptoms while maintaining our distance. I want to thank everyone for all the birthday wishes that poured in! I’m surprised I didn’t get any hate over what’s going on in the stock market but I did get a nasty iTunes review… The difference a year makes… last year I turned 40 and Cherry surprised me with a big party at the place that serves alcohol, allows throwing of daggers, axes, and archery.  You just can’t bring your drink into the action areas. 40 something friends and family attended. Fast forward to the present, I enjoyed one of my favourite meals, a whole ton of sushi out of takeout containers at my kitchen table with Cherry and the kids. No cake, no family and friends, not even my brother, sister and dad who all live within an hour.  My dad is a doctor and my brother has a biology degree so they know full well the importance of staying two meters away from non household members.  Am I disappointed? Way more disappointed in my stock market losses, but in the grand scheme of things, life is pretty good.  We have heat, a full tank of cheap gas in my car, we actually have too much food in the house as I’m receiving a quarter grass fed cow tomorrow.  I read somewhere to compare our everyday life to the King of England in the 1600 or 1800’s. I have a smart phone where I can google the answer to anything, watch cat videos, or Ripley’s Aquarium live stream of feeding their penguins.  I can get in my car and drive to the local Korean restaurant for my daily support of a local business and take out a lot of fine sushi. My expected life time is likely more than double that of a royal family member from the 1800’s. My kids are vaccinated for many horrific diseases. The richest man in all the world in the 1800’s didn’t even have air conditioning, hence physical distancing to me is not a big deal.   My kids are managing quite well. Our nanny keeps them busy playing board games, doing home work, riding their bikes in the court.  Kids are so resilient, they have so little life experience that what ever they’re doing they consider normal. We bring the kids with us to the office that we are calling the wealth hacker hub to inspect the work and plan our furniture layout, colours, finishings, kitchen, most importantly our classroom, as we call it, where we will host our friends and clients.   Check out on my website www.truthaboutrealestateinvesting.ca or on my Instagram Erwin Szeto for my kids chasing the laser from my laser measure.

To follow the Infill developers:

TAG Property Management: https://tagproperties.ca/ Sarah’s website (coming soon): www.sarahcoupland.ca Instagram: https://www.instagram.com/couplandsarah/?hl=en

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Did anything happen this past week? Anything of importance affecting life, the economy, real estate? No? Nothing? Good, then let’s just skip straight to this week’s guest. Lol. At least we will see some cheap gas prices at the pump! I jumped the gun and filled up on regular gas at 93.9 cents/L, an hour later it was below 90 cents. I haven’t seen gas prices like this since pre Hurricane Katrina in 2005. I remember when all the gas stations had to update their signs to accommodate an extra digit as gas prices skyrocketed and never came back down below a dollar.  Cheap gas is great for more disposable income for the rest of us, but bad news for Canada’s energy sector in Alberta and Saskatchewan including delayed investment, job layoffs, more hits to their economy. I’ll make sure to reach out to my Alberta investor friends of this show to get their insights into their local real estate markets. One of them, Edmonton investor Jared Hope shared how he just got a 2.59% mortgage for 5 years and is happy about that! Some of you may have noticed we missed a podcast episode last week.  Even though my family and I were away for a wedding, my team and I had the episode ready however our guest had to postpone her event she was promoting that included me as a speaker. So sadly, we will have to redo what was an awesome interview when we have new dates to share. The event was planning to host a few thousand however based on studies of Coronavirus, staying away from large enclosed crowds makes a lot of sense. The stock market is way down. I actually think it has more to give as we are only learning now how infectious this virus is.  Long term, I do believe this too will pass but the pain in the next three to six months could be significant as our hospitals are overwhelmed, factories are temporarily closed, and we can’t buy goods including prescription drugs. I did just spend $644 at Costco yesterday on food plus socks for me that were on sale.  No toilet paper though, but we have lots since I buy it whenever it goes on sale. 

To follow the Collards:

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/ **Disclaimer:** The views and opinions expressed by our guest Jamie Collard during this podcast episode are solely those of the guest and do not necessarily reflect the views or positions of our podcast, its hosts, producers, or any affiliated entities. The information shared by the guest is provided for general informational purposes only and should not be construed as legal, financial, or professional advice. Please note that Jamie Collard and Leslie Collard are currently involved in ongoing legal proceedings, specifically the case of Collard & Markus Construction Inc. v. Collard Properties Inc. and Collard Holdings Ltd., 2024 ONSC 356. For more details on this case, you can refer to the official court document [here](https://www.canlii.org/en/on/onsc/doc/2024/2024onsc356/2024onsc356.html?fbclid=IwZXh0bgNhZW0CMTEAAR0_1SwpgLFcbIMgf9JWv3oDJYcfjA6QhUNEYX-M2VuJ4jg9tgECbIUDlZY_aem_AdN3lwL9v0PxlNcq6AiY2iHhNB2-axrQXQK77cPUOXUbS-3ywVpoUz96kxM72tO1uNMPxc0IwANsWDbPrbTFnkdb). Additionally, a supplemental report related to these proceedings can be viewed [here](https://docs.grantthornton.ca/document-folder/viewer/docul8LWsxcWho7J/2472424223861269481?_gl=1%2Aholdht%2A_ga%2ANTQzOTkzNTk5LjE3MTc0NzY2NDY.%2A_ga_JLRBBJ6PTP%2AMTcxNzU5MDQyNi4zLjEuMTcxNzU5MDQ0My40My4wLjA&fbclid=IwZXh0bgNhZW0CMTEAAR28VnVNhM7J8OG3Uie-lHTavyrC_3aPM3NQuyqRF_TB24pg1sC0a_hGdsM_aem_AUYWkiUE9XtACvy7SnEv6iIzM08a05xudcRSdTS_OPrNY_n4o9GtrlW3LrMCrqCUwHzRqO2asFEdUElcIqwAWYyc). Any discussions or references to these cases or related matters during this podcast are intended to provide context and should not be interpreted as definitive statements of fact or legal conclusions. Listeners are advised to consult with qualified professionals for any legal or financial advice related to the topics discussed. We make no representations or warranties about the accuracy, completeness, or currentness of any information shared in this episode. By continuing to listen to this episode, you acknowledge that you have read and understood this disclaimer and agree that our podcast, its hosts, and producers shall not be held liable for any damages arising from the use of the information provided during this episode.

Hello Wealth Hackers! Happy (belated) family day and for my fellow Ontarians, happy strike and PA days.  I do have to start off by saying thank you to my public schools and teachers.  We have more labour peace when I was going to school and because of it, I know how to ski.  My parents didn’t ski so it was our public school that took us skiing and organized our lessons.  I mention it because I’m just getting back from a four-day week that included yet another PA and family day at a friend’s cottage in Huntsville.  I’m not a fan of winter cold but enjoy sports and being outdoors.  More importantly I want my kids active and knowing how to ski so they can ski with friends when they are older.  Cherry my wife signed the kids up for lessons and they both did great. Cherry got lessons too as this is I think her third time on skis. Learning to ski as an adult is way harder. With our largest mass, gravity pulls us down the hill faster and higher center of gravity makes balance harder and the falls much worse.   OK, warning, proud parent moment.  My oldest Robin was phenomenal. By the 2nd day she was skiing down entire runs independently.  By the third day, she was learning how to do parallel turns and we rode the “red” chair lift together a few times  which was significant as it went to the more challenging runs and away from the beginner hill where all beginners were learning to ski.

View this post on Instagram

Robin’s 2nd day ever on skis. No idea where she gets it from but we will take all the credit for being able to afford her skis, lift tickets and private lessons 🤣

A post shared by Erwin Szeto (@erwinszeto) on Feb 18, 2020 at 2:44pm PST

While riding the chair lift together, we had some time to chat, I explained to Robin how proud of her I was.  She was proud that she’s better than her mother, I explained she’s better than I was at her age but she needed context.  Robin had three, one hour long private lessons in three days. Mom and dad never had the same privilege. None of her grandparents ski nor took us skiing so I learned in group classes at an older age on school trips.  I asked her if she thought group classes or private lessons are better and which cost more. She replied with the correct answer, I told her it’s the same with her private swim lessons and I let her know how her parents didn’t have the same opportunity which is why she’s the better skier. Stock Hacking update.  For those who have followed the podcast for a while you know I’ve been stock hacking since September but didn’t have much in funds or time to focus on trading till after the conference so since the conference has ended, I am averaging around 11% in the last 11 weeks.  That is gross and not annualized and that is cash money. I can spend these returns. Understandably I am extremely happy with these results and am inspired by the students of the Stock Hacker Academy. Stay tuned for the next course offering!  I’d like to say thank you the fans of this podcast for attending our Free Training Classes on the #1 Real Estate Investment Strategy. We just had our fourth sold out class and it’s only mid February.  I’m especially honoured by the attendees who made it all the way from Ottawa, Ontario to attend the class. FYI that’s a five hour drive. Another young lady choose to fly in. Sometimes I forget to appreciate the vast amount of knowledge and quality delivered in those free 90 minutes and it was great to meet fans of this podcast in person.  For now these classes are free and I personally attend them so if you want to come by say hi, learn the #1 investment strategy that is practiced by all the top investors I know including today’s guest then you’ll want to sign up at https://www.investortraining.ca/freeclass

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

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

To follow Ryan:

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

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

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

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

To follow or Connect with Chris:

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in. At this in-depth, free class you’ll learn how to take your first steps as a real estate investor. Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.  Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: infinitywealth.ca – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

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

Lessons From 8 Years of Teaching Real Estate with Elizabeth Kelly

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

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing. Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to go deep.  At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.  Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again! More secrets you’ll uncover are:

• Profiting in a HOT market…
• Municipal bylaws to watch out for…
• Mortgage terms that favour refinancing…
• One barely used tactic for higher appraisals…
• If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class. Sponsored by: infinitywealth.ca – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder. W: erwinszeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

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

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

This week’s guest knows all about maximizing return on investment and just as important return on time.  John is an old friend, a very successful part time investor in Hamilton and the Niagara Region as he has a full time job in Toronto that he loves.  This recording was originally done in 2017 and is the #1 downloaded episode of all time for this show. For those who want real estate as a side hustle, that’s totally fine. So without further ado, I give you John Roumanis.  Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello fellow Wealth Hackers! For those of you who attended the Wealth Hacker Conference, thank you again for the outpouring of positive feedback. It’s been quite overwhelming.  The performance of this podcast in downloads is quite humbling as well as we are now 50% above our 2019 monthly average. We will have announcements soon regarding the Wealth Hacker Conference of 2020 as we are engaged with certain elite level Wealth Hackers to keynote our next conference in the fall of 2020. We are definitely looking to 10X from an already 10X’d 2019, so stay tuned, subscribe to this podcast where ever you listen to podcasts, or better yet subscribe to our email newsletter at www.truthaboutrealestateinvesting.ca so you can receive the latest episodes of this podcast and have all the show notes and links so you don’t have to scramble and take notes while you’re listening. One of the biggest lessons for me in 2019 was because of the quantity of time Cherry and I spent working and investing, we had to make a concerted effort to at least improve the quality of our time together as a family.  I’m a bit of a workaholic and on my phone way too much at times, so one game we started was if the kids catch mom or dad on their phones at the table during meal time, they would get a sticker. 5 stickers earned them a present, so both parties were highly motivated to police the no phone at the table rule and I’m very frugal and don’t want to spoil my kids more than they already are.

Show Notes:

Podcast: https://podcasts.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753 Profunds: https://www.profunds.ca/ Instagram: https://www.instagram.com/theandrewhines/ Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

There’s so much going through our heads in the last 48 hours. As excited as it was for us on Saturday at the Wealth Hacker Conference, we didn’t start out that way. Our journey started off around the time when Cherry’s grandma passed away. A small idea was planted by Maryanne Gillespie, Erwin’s coach, to host free classes to share the idea of building long-term wealth through real estate investment. We discussed and we brainstormed, nothing really firmed up and Cherry took off to Hong Kong to attend her grandma’s funeral. When Cherry arrived at Hong Kong after her 16-hour flight, Erwin already recruited a bunch of his friends, most of them are real estate experts, to join him on hosting an all-day educational event. Talking about taking action, I’ve never wasted time to take action! That was the beginning of Wealth Hacker Conference. In February, we attended 10X Growth Con at Marlins Park Miami, part of the 32,000 people who attended the event. We were completely blown away by the 10X philosophy, but we had little idea how much 10X Growth Con affected our own planning. We hired an event planner, Shauna Arnott, who’s also the host of the event Haste and Hustle. She brought up the idea of bringing Grant Cardone to Toronto.  Grant is a real estate mogul. His philosophy is about investing in himself and building long-term wealth. He’s all about taking responsibility of our own lives and 10X the goal and effort to achieve the 10X goal. Grant was a great fit, but … would his personality get along well with our humble Canadian crowd? When in doubt, Erwin turned to Facebook. He posted the question and asked, “Would you like to see Grant Cardone or Robert Kiyosaki?” The rest is history. We had a delay booking Grant, then we had competition. Then we had problems firming up a venue. We wanted to deliver the best value, instead of just another real estate educational event. Erwin reconnected with his friend, Omar Khan, who has been tirelessly sharing his simple stock investment strategy with everyone around him. Omar has lived his life on his terms. He spends most of his days managing his properties and trading stocks. Almost no one has seen him speak in public before. We know that the world needs to hear him sharing his virtually unknown investment strategy, but we had our doubts about him early on. Can we put Omar on stage to speak to 1,500+ attendees? Our ticket sales weren’t exactly how we expected in the summer. Our marketing agency decided to leave us before the end of summer. It was tough, but it was a blessing in disguise. This was the turning point for us. A light bulb went off in our heads. We realized that both of us needed to step up, take charge, take responsibility and promote. If this event is our version of 10X, we gotta 10X our effort to 10X our results! It wasn’t easy. From writing the emails that you see everyday, to posting on social media strategically, to driving for a few hours to present at different venues, to interviewing Grant Cardone in person in Miami, we spent a lot of time, effort, money and tears along the way. Is it worth it? Hell yes.  We have grown to become someone that we have never thought possible. We now come to appreciate the value of our network and our list 100X more. Thanks to Tom & Nick Karadza, who taught us about building and nurturing our list, before we even started having any businesses. Are we done yet? We hope not.  We still have a message to share. We still want to continue to help you to build your long-term wealth. We still want to make sure you can take control of your financial life, quit the job that you’ve always wanted to quit, pay for your children’s education, and travel around the world. You can continue to join us on our wealth hacking journey here. Thank you once again for joining us at Wealth Hacker Conference. Until next time, Erwin Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place, as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast. I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want, but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients featured on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t, and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form, and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Here’s a quick update from these parts, my stock option selling is going great, my realized return is $550 and I’ve collected $1,100 in cash.  In bigger news, my AirBnb is now sold, fully furnished, and we close in just a few days! I can’t wait to have that capital back so I can trade more stock options!  The plan is to increase my bank roll into six figures and take it from there. The last six weeks have been amazing for myself and our group of 70 stock hackers. With each day that passes, we have more investors reporting in their first thousand dollars in profits. Several have a couple thousand, my friend Monica reported 10% in returns in just six weeks. That’s a high number for the group thus far and, just to clarify, those are absolute numbers not annualized and the last few weeks have been quite good for the market… let’s see how long the stock market holds up.

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A post shared by Erwin Szeto (@erwinszeto) on Oct 29, 2019 at 4:46am PDT

In even bigger news, we’re about to pass 1,200 in ticket sales for our Wealth Hacker Conference. I’m realizing I don’t often mention how many tickets we’ve sold, but for everyone involved, this is the biggest audience we’ve ever spoken to. Grant Cardone, our keynote, has done several talks to much bigger audiences, but this is yet another step out of my personal comfort zone. Get comfortable being uncomfortable, I always say.  If you’ve followed my story of always trying out new things: AirBnb, private lending, stock option selling… and stuff in my personal life. I’m a weak swimmer but I got my SCUBA license and have done at least ten dives. Crossfit, Brazillian Jiu Jitsu, facing my fear of heights, etc…. I’m no one special, but I’m determined to just show up, go through the process, give my best on a daily basis, and results tend to show up.  For my fellow introverts, this may shock you… I prepared and delivered a presentation in Toronto last week, I went through my slides once in preparation to a room of 50-60 of mostly strangers. I’ve never given a talk on joint venture investing in real estate before, but it was well received. Just like this podcast, I think people enjoy the no agenda, no-holding-back sharing we do on this show. One thing I don’t like to do on this show is to NOT scare the listener. As I produce this episode, Halloween is only days away but I’m talking about much scarier things, such as a recession. Recession, recession, recession.  There I said it. I hear it often, I don’t know when it’s going to happen. My crystal ball is no better than yours, but what I know is my portfolio is designed for said occurrence because it pays for itself. My portfolio mix is almost entirely duplexes and student rentals in areas with very little vacancy.   The great things about recessions is the opportunity to buy the bottom and retire shortly after, like this week’s guest Brian Zammit.

How An Investor Retired Him And His Wife With Dividends in 2011 With Brian Zammit

I’ve known Brian for a couple years.  He’s extremely successful with his eCommerce business of buying goods from the far east to market and sell to the west, some on Amazon too. Brian has been doing it very successfully for years. Brian is also a real estate investor, but he didn’t retire off of his real estate. Regardless, he invests in real estate, which qualifies him to be on the show. However, I wanted this specific part of his story, so you the listener may benefit and hopefully retire shortly after the next recession like Brian and his wife did.   Brian retired him and his wife off of the stocks he bought in 2008 and 2009, after learning how to sell stock options by reading Canadian author Derek Foster’s book “Money for Nothing.”  The same book we’ve mentioned on this show a couple times. Brian timed a once in a lifetime opportunity and nailed it. He doesn’t think so, and I’ll let him explain, but if you can make an investment and retire off of it, I’m all ears because when the next correction comes, I want to be ready for it.   Brian shares how he timed the market, the plethora of books he’s read, what he really thinks of Omar and Matthew’s Stock Hacker Academy, the same program him, myself and a couple other past guests are taking. Brian is a good guy, really sharp, and I’m really glad we had someone like him in the first group through the Stock Hacker Academy to validate that the strategy works.

To follow Brian:

Web: ecommvip.com/register Books:

• Intelligent Investor, Benjamin Graham
• The Investment Zoo: Taming the Bulls and the Bears, Stephen A. Jarislowsky
• Beating the Street: Peter lynch
• Bull in China: Jim Rogers
• Thomas Connolly: www.DividendGrowth.ca

Are you interested in learning more about selling stock options?  Our expert teachers Omar and Matthew’s next talk is at the Wealth Hacker Conference in Toronto on November 9th.  For anyone interested, the presentation that opened our eyes to selling stock options, you can see that exact presentation if you use the promo code stock when purchasing your tickets to the Wealth Hacker Conference. All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter stock. Or use the direct link in the show notes:  Link: https://wealthhacker.eventbrite.ca?discount=stock  For anyone interested in taking the same Stock Hacker Course Habib did then save the dates Saturday and Sunday Nov 30th-December 1st for the in class portion of the next Stock Hacker Academy.  We will announce full details on November 9th at the Wealth Hacker Conference. See you there!! Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello and welcome to the Oliver Manalese show with your guest Erwin Szeto. LOL. This episode is something different.  My old friend, Oliver Manalese, one of the most successful rent to own investors I know, asked me to be his first return guest on his show.  Oliver is a good guy. His business is to coach people through their problems, many self inflicted. I joked with Oliver when booking our interview,  “You’d be losing you S&$% with me if I was your client!” I know my coach already is. LOL. Anyway, the tables are turned today. Oliver has known me for years, since 2008’ish, so it’s cool to be interviewed by an old friend who will ask those next level deep questions. Without further ado, I give you some guy. He’s a husband and dad trying to figure out the most efficient path to financial peace and to make his kids proud. Website: https://olivermanalese.com/2019/10/09/wealth-hacker/?fbclid=IwAR0aQqSU-zVVRnnsnAp6eW9irCLGDPLsHOckWVMIFlcOXHMx6sagG9VjhUk

To follow Erwin:

Website: http://www.wealthhacker.ca promo code for 10% off thetruth Facebook: https://www.facebook.com/erwin.szeto Instagram: https://www.instagram.com/erwinszeto/ LinkedIn: https://www.linkedin.com/in/erwinszeto/ Charity: https://www.hamiltonbasketbrigade.com Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. If this interests you, go to www.wealthhacker.ca/stock Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello Wealth Hackers!! This is the truth about real estate show and our show title couldn’t explain better what it is we do here. Thank you listeners and thank you guests of this show, September is a new personal best for us in downloads and our top episode is not what one would expect.  The episode with stock hacker Matthew Todman is already one of our most downloaded episodes ever and we did not spend much time talking about real estate. Matthew is a serious real estate investor having 10 investment properties. To give that number of properties context, past guest of this show, Dion Beg, who is a mortgage specialist to investors, told me around 10% of his clientele achieve 10 or more properties. This coming from someone who only works with investors. What’s interesting is how he raised the funds for his down payments: selling stock options on safe stocks. Have a listen, as he explains it much better than I do. Update on my Airbnb, as explained last episode, my September rents were projected to fall under that of a single family home.  Like many investors, we have lots of equity as we’ve been investing for quite some time with ten properties, so selling one in the pursuit of more cash flow is not the end of the world.

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Once in a while I get offended. Good friend Susan White Livermore only brought @millionaire_mom_enterprises shirts for the ladies of our mastermind so we piped up “where’s ours?? We look great in VNecks thank you very much!” Guys can be investor babes too!!

A post shared by Erwin Szeto (@erwinszeto) on Sep 27, 2019 at 5:40pm PDT

I’ve shared this story to my mastermind group with some of the top investors in Canada and at the KWCREI meetup up. Thank you Doug and Anna for having me out to share. Surprisingly, no one disagreed with my decision. Well, one friend did, but when I clarified there was not an affordable option to legalize the basement into an apartment, she agreed and now she too wants to learn more about stock hacking. LOL. Speaking of learning, to quote Warren Buffet, the most successful investor in the world, “the more you learn, the more you earn.”  My wife, Cherry, discovered Warren’s cartoon series for kids and it’s awesome! We don’t let our kids watch much TV. It’s not the easiest, as we have to then be more active parents, but when we discovered this cartoon series by the Oracle of Omaha, we had to give it a try.

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Now this is screen time my kids can watch! @officialwarrenbuffett Secret Millionaires Club!! My youngest already said it’s awesome!! . Credit to @realestatetaxtips for finding the show.

A post shared by Erwin Szeto (@erwinszeto) on Sep 29, 2019 at 2:44pm PDT

The show is called Warren Buffet’s Secret Millionaire Club and it’s all free on YouTube or its website. Link: https://www.smckids.com/ The challenge with the website is I can’t get it to broadcast from my phone to TV. How lazy does that sound?? I’ll plug in my laptop next time, as some of the ads YouTube was showing before a children’s cartoon were quite questionable: ads for upcoming horror movies… smh. In the show, Warren leads a small group of three young people as they figure through business challenges faced by young people. The first episode is about an unsuccessful lemonade stand. Warren runs down a checklist to figure out the problem and, spoiler alert, the lemonade stand is located on a low traffic street. Warren explains why a high traffic street would produce better results. Each episode is short. We plowed through about seven episodes, and by the time we shut off the TV, my kids were repeating the “more you learn, the more you earn” catch phrase. Most of the time, the youngest mixes it up and says the, “more you earn, the more you learn”. 🙂 Quick update from my own investing, my ugly house that I bought without seeing that got Cherry really pissed at me: today the basement is being spray foamed, so we asked the tenants to not come back until after dinner. We also had a delivery of two brand new stainless steel fridges. The delivery folks will take the doors off the fridge, but I didn’t have anyone attend the delivery to take the front door off it’s hinges. Sigh. It is what it is, so I hired my property manager to take care of the property while it’s partly vacant. He’s also the same person leasing out the remainder of the home as a student rental, so fingers crossed we can get it fully rented to cover those steep, B lender mortgage rates! Ironically enough, Warren Buffet is a mortgage share owner of the mortgagee. My AirBnb is being listed this week. I had two of the coaches on my team provide me what they think I should list for and, not surprisingly, they independently came up with the same number. I’m selling it furnished, which is uncommon, and I am sending in Jacqueline, the same stager who furnished the house, to add some final touches for staging. Even I learn something new everyday. Even the nicest furnished homes require some staging, Jacqueline tells me she’ll add around 12 items: plants and decorations. I put books and plates and cups on my coffee table at home. Most people keep those spaces clear when selling, but when staging, she will decorate working surfaces. I’m such a nerd, I find this stuff fascinating. The path to success is measured in inches, not miles. Continue to be open minded and willing to learn everyday. Having Jacqueline, my stager, go also saves me a trip :). She has a detailed eye and will let my handman know to take care of anything touch ups necessary. Update from the stock hacker world: as my wife always tells me, I’m over thinking it. LOL. My trades continue to be good ones as I continue on a positive trend with 6% returns in about five weeks and my cash flow is now $921. I have to be assigned shares as my low risk strategy is working out. Much credit goes to my friends who are experts: Omar, Matthew and Shawn who have all been trading for 12 years. Disclaimer time: I’m not recommending, only sharing what I do. If you want advice, please seek the advice of a licensed professional. Just yesterday, I was on a guest of a podcast showing officer Dave Knight of the 911 Wealth Network how I do a trade. From my smart phone, I sold a put on Enbridge and was paid $84 to do so. The $84 is deposited to my account, then I put my phone away. It took me less than 15 minutes. I’ll check in again in the afternoon but just to see how the market is doing, and put my phone away again. Needless to say that’s the easiest $84 I’ve ever made in my life, and I can not wait to scale my portfolio up to earn more passive income. As an added benefit, I consulted my Accountant for the tax handling of options income and I’m quite happy with it. Please check with your Accountant. 🙂 For anyone interested in learning more about stock hacking, my expert friends Omar and Mattew and sharing this little known secret on November 9th at the www.wealthhacker.ca conference. As an added bonus, if you use the promo code “stock” we will send you an exclusive video of a private presentation Omar and Matthew did for my members only iWIN group. All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter “stock”. Or use the direct link in the show notes: Link: https://wealthhacker.eventbrite.ca?discount=stock If you don’t like stock hacking, well, I was the same. Then my friend Shawn sent me a YouTube video from 2014 of Robert Kiyosaki, author of “Rich Dad, Poor Dad”, explaining how every professional investor needs to know how to sell stock options along with investing in real estate. Here’s the link: https://www.youtube.com/watch?v=kfM_wKZ15dI

Selling My AirBnb To Fund My Stock Hacking & the Rent to Own Queen Rachel Oliver

On to this week’s show which has been a year in the making! Rachel Oliver is an award-winning investor and co-host of Mothers of Real Estate TV Show. After 20 years in the corporate world, Rachel retired from the rat race to spend more time with her family and to invest in Rent to Own properties. Today, she is affectionately known as the “cashflow queen” because she helps investors profit with Rent to Own properties — without the headaches of being a landlord. She is also the author of an Amazon best-selling book, Rent to Own Essential Guide for Homebuyers. Together with her husband (Mr. No), Rachel owns and operates Clover Properties, one of the most reputable Rent to Own companies in Ontario. Connect with Rachel at Rachel@RethinkRentals.com Host notes: pay special attention to husband Mr. NO, Neil Oliver’s, role and how Rachel gets her leads, and their qualifying criteria. The Oliver’s are extremely good at what they do. Are you newer to real estate investing or unsure of what to invest in next? Would you like to know where the best areas to invest are near the GTA for the best return on investment? Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think. My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine. My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor. If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection. After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.  You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive. For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you. You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.  If this interests you, go to www.wealthhacker.ca/stock  Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello Wealth Hackers!! I hope you are all healthy and wealthy, growing and taking care of all aspects of your lives. It’s great so many of you are looking to 10X your businesses and investments, but don’t forget to 10X your relationships and personal life.  Eat well, exercise regularly, because being rich doesn’t mean anything without friends and family to enjoy it with. That is what being a wealth hacker is all about. That and taking the most efficient path as possible towards your goals.   Thank for you all for sending in messages about how much you’re enjoying the podcast!! My favourite place to read your positive comments is as a five star review on iTunes. As we approach being eight weeks out from the Nov 9th Wealth Hacker Conference we are experiencing what is called crunch time. All the comments about how much the podcast has helped listeners improve their lives is very heartening during this stressful period. What has also come with receiving all this attention is requests for my help either via my time, mentorship, free passes to the Wealth Hacker Conference, etc…. More than ever I’m receiving requests. Just recently a gentlemen reached out, out of the blue, and asked for free passes as they don’t have the money. I get not having money, like many of you I graduated university with $30,000 of student debt. I would have never thought of spending more money I didn’t have for an event.  In hindsight, I wish I did. I could have just borrowed from my dad and I could have 10X-ed my progress, but that’s how hindsight goes. I feel bad for the guy as I have a lot of empathy for people, but for anyone who’s read the book “Win Friends and Influence People” by Dale Carnegie, one does not immediately go in for “the sale.”  Instead one should provide assistance to the person whose attention you seek. With the internet and social media these days, one doesn’t have to do much. Why not share my ads on Facebook or Instagram? Why not email one’s friends telling them they should go to my event? Why not even participate in one of the promotions I have in giving away a VIP ticket that includes a private and exclusive lunch, plus a separate meet and greet with Grant Cardone?  How about just liking one of my posts? Nope, nothing. I even gave the gentleman a promo code to sell ten tickets and I’d give him one for free.  His reply was “thank you”, and that’s all I’ve heard or seen. I recently read an article that interviewed a financial planner for wealthy families who specifically dealt with young people ages 15-25.  In her experience, if the parents paid for all their university, the kids would perform very poorly compared to kids who had to shoulder some of the financial responsibility.  Her suggestion was the child pay for year 1, parents cover the rest. Same idea here, I don’t believe in giving things away for free. Those who pay, pay attention. The more skin one has in the game, the more serious they will be. Even for an event where we are attempting to change peoples’ lives.   For anyone who hasn’t bought their ticket yet, come to learn strategies from the most successful wealth builders that will guarantee you to 10x your wealth, 10x your income, and 10x your life.  We have a jammed packed lineup of world class speakers who have already 10X-ed and want the same for you. Seats are extremely limited and this event will sell out. As an added bonus, 10% of profits from the event go to support the Basket Brigade Charity, providing the most vulnerable local families warm clothing, daily essentials, and food. “Be the change you want to see in the world” ~Mahatma Gandhi If you need more convincing, use my promo code thetruth to save 10% off. www.wealthhacker.ca  Nov 9th. Toronto Congress Center The networking alone will be worth with folks like this week’s guest who bought a premium ticket and is coming all the way from Ottawa Ontario.

Investing In Multi Family Residential Without Competition Because No One Else Wants It with Christian Szpilfogel

Link to FB Post https://www.facebook.com/erwin.szeto/posts/10162284775485313 “Christian Szpilfogel started as a hobby investor in 2005 in the Ottawa area and, with Chaunei Chan, converted the hobby into a full time business in 2017. Originally they would acquire cash-flowing Multi Unit Residential (MUR) buildings and ride the market, but this has been refined into a more focused forced-appreciation strategy, including MUR renovations, expansions and new builds. Their early days taught them the basics of property management and as their portfolio grew they have become much more sophisticated in the management of their properties and the more intricate aspects of tenant management, especially when they pick up distressed assets with troubled tenancies. They have applied a number sophisticated methods in property acquisition, advanced financing and credit techniques, property management and tenant management. While they predominantly focus on MURs they also have about 25% of their holdings in commercial units. Christian enjoys giving back to the community and is an active participant in various landlord support and networking groups.”

To connect with Christian:

Web: http://www.aliferous.ca FB: https://www.facebook.com/AliferousGroup Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.   If you have a question, we don’t have any fancy means to receive questions, so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast. I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Until next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians. Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

My apologies in advance for how many times I say the word “fascinating” in chatting with Ryan Poole who’s company, Real Trade, is coming out with a real estate listings service like MLS on a Blockchain platform. But before I go there, for those following my story, I made it back in one piece from a bachelor party in Cancun, Mexico. I signed a non disclosure agreement, so not much to share, but I will share how I was getting home sick by the 4-5th day. I’ve been seeing all this talk on the social media about not buying one’s home, which only makes sense in select cases.  In Canada, the homeowner capital gains tax exemption is one of the biggest tax breaks we as Canadians will ever get, so that has to play into your consideration.

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A post shared by Erwin Szeto (@erwinszeto) on Aug 19, 2019 at 11:47am PDT

Another simple one is, how much would it matter to you to have to move at the landlord’s whim? Like any other investor, I don’t like risk and I don’t like the risk of having a landlord or their family member wanting to move back and displacing me and my family from our home. All you parents out there know how we will do anything for our kids, and I am extremely worried for young people with the state of our housing market. Too much demand from immigration, not enough supply with all the rising costs to build, combined with anti densification sentiment among municipal governments. Is it out of the question for the cost of a house to double between now and 18 years from now? My real estate investing is not just for investment, but as a hedge in case housing prices get out of control, and I definitely think there is a chance of that happening. We have hundreds of investor clients whose homes in the GTA worked out as great investments, and then they turned their home equity into 1-5 investment properties and from there, those original investments grew in equity for downpayments for even more investment properties. It’s tough to argue with that track record. Plus, if you own your home, you get to put down roots and enjoy it at the same time. One still needs to wear their investor hat when choosing a home. I’ve told many not to buy where they want to live. Eg. condos without great transit in Toronto. Instead rent and buy a house just outside the GTA.  I have a family member who did just that. They rent on the east side of Toronto where the landlord deals with negative cash flow while my family member owns two investment properties just outside the city that do cash flow. It’s tough to argue with that logic too. So remember, buy smart, even for your own home. Consider, would you have any problem renting out your home to pay the bills or part of your home on AirBnb? Vacancy rates are at historic lows where we invest and rents are up 10% over last year.  Finally, my wife and I plan on leaving our current home to our kids, should they want to live there, and start a family with no mortgage payments. If I were a tenant, I guess I could sublet to my kids so they could take advantage of rent control, but it’s not quite the same. Plus my house could easily have a basement apartment, which was a major consideration when we bought it. In my opinion, your home is an investment if you make it one. On a side note, I did something on social media that you’re not supposed to do. I replied to a hater’s comment. LOL. He wrote on my facebook, “Dude my parents did not have as much money as you to give me for Real Estate investing  Sorry dude I ain’t a rich cbc.” CBC is short for Canadian born Chinese. My reply was “dude, my dad came to Canada at 18, youngest of six kids, barely spoke english, my parents had three mortgages on one house, my mom rented out rooms and cooked for people in our home to make ends meet. I graduated university 30k in debt. We started from the bottom now we’re here.  Your parents might not have been rich so it’s on you if you want your kids to come from a rich family.” He goes to accuse me to teaching get rich quick schemes. We go on and exchange for a bit, then I click to add him as a friend. He accepts and is of course bewildered, asking if i’m trying to kill a hater with kindness.  We get chatting, he’s a recent grad living in a small bachelor apartment with precarious income and $45,000 of student debt. I let him know, this is why I worry for my kids, to which he completely agrees. Our first agreement, he actually writes “kids without money are F*&#ed”, hence the reasons I’m trying to get the message out there via this podcast, my email list, my social media, our iWIN membership, and of course the Nov 9th Wealth Hacker Conference. The hater asks if I have it good now to which I reply, “not when I was your age. lived at home with $30,000 in debt. unemployed for almost 12 months. first job was 35k salary.” Now I have his respect that I wasn’t handed anything. Then I invited him to this month’s iWIN meeting as my guest, because I think he needs help and a change of scenery. He suggests I give the ticket to someone who could actually be our real estate client as he can’t. I explain that I’m in this business to help people. Don’t care about your net worth. I only care that you leave that meeting having learnt one thing or making one contact that moves you forward. At the Wealth Hacker Conference on Nov 9th in Toronto, considering the line up of experts we have, I would expect all attendees to have more than one takeaway and one connection made.  If you’re looking to start or build a business, you need to be here. If you want to level up your real estate investing or buy your first investment, you need to be here. If you want to learn how to hack stock investing buy selling options to make six figures in 30 minutes per day, you need to be at the Wealth Hacker Conference. Even all you haters out there. LOL. www.wealthhacker.ca As a listener of this show I have a discount code for you for 10% off. Code is thetruth – that’s it. One word. Do note, prices are going up immediately following labour day weekend and we are almost sold out of the coveted VIP tickets that include a meet and greet with Grant Cardone. Speaking of Grant, here he is speaking of one of the truths about money..

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On to this week’s guest! Just wow, my mind is blown. I was introduced to Ryan Poole, Founder of Real Trade, after I posted on Facebook in search of an expert on BlockChain and real estate. And what do you know, Ryan’s Major Goal: To combine blockchain technology with real estate to revolutionize the real estate industry for the better. He’s rolling it out in phases, including a globalized version of the MLS using Blockchain technology, and a later phase for a Blockchain based currency called The Real to buy and sell real estate, including fractional ownership of real estate. I’m probably not explaining it right, so listen closely to how Ryan explains it. This is a very fascinating conversation, I promise you.  Ryan is also a friend to Canadians, as he helps Canadians buy real estate in Florida. We even chat about the best places for a vacation home, and how to finance it as I know you big time listeners can afford vacation property either now or in the near future. 🙂

To follow Ryan:

Real Trade (start by reading the one pager): http://realtrade.io/ Linkedin: linkedin.com/in/ryan-poole-0b50b9162 FB https://www.facebook.com/RyanPooleFCL/ If you’re interested in Florida Real Estate: https://rsiasset.com/team/ryan-poole/ Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.   If you have a question, we don’t have any fancy means to receive questions so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast. I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Till next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians. Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/

Hello Wealth Hackers and welcome to another episode of the truth about real estate investing. Happy birthday to my partner in business and life Cherry Chan!! She’s a Super Woman in how she raises our kids, keeps me and my businesses in order and has her own thriving practice. Quick funny story about Cherry: While she was still working in the corporate world, we were dating then, and she would surf the MLS at work when bored (which was often) looking for investment properties, but she only owned her own home. After getting to know my business, we discussed investing in a student rental near Brock University in St. Catharines. My credit wasn’t great at the time as I was a new agent, so the house would be in Cherry’s name. I called Cherry while she was at work after I found a house in my target location, next to the only major mall in St. Catharines that doubles as a major public transit hub. I gave some vague details about the property to Cherry over the phone and we wrote the offer. We paid the owner exactly her asking as she was already discussing listing the house with a Realtor. The location and condition was A++ and any investor would want the same house because the annual rent would be over 1% of the after-renovation value. Cherry didn’t see the house until after we took possession and was happy with our purchase. A year later we were reminiscing about how Cherry joint ventured on a property without even seeing it, with her boyfriend she only knew less than a year, but she wasn’t concerned at all. Her contingency was that if things didn’t work out between us… she technically owned the house 🤣. That was seven years ago. There were bumps. That basement flooded, a student snowboarded off the roof (he was on ODSP nonetheless), but otherwise it’s been an excellent investment having doubled in value and the rents have gone up and there’s been zero vacancy the whole time. Happy birthday again to my wealth hacker wife, to infinity and beyond. Together. 😘🥰😍 On the subject of real estate… A kind gentleman who left a 5 star review on itunes asked me this: “My commute is 2 hours and I am taking courses to become a licensed real estate professional, what audio books would you recommend?” My two cents: “If you’re not first, you’re last” by Grant Cardone. The very same book, forms the teachings presented in part of Cardone University that he sells for a lot of money, hence there is a lot of value in the book.  I generally find we can all improve our sales skills. Sales is not what most think. The vast majority of sales people don’t take the profession as seriously as folks like yourselves do.   No different than how the amateur invests in real estate vs. how a professional does. If you’ve ever been a secret shopper as a tenant viewing properties for rent or for sale vs. toured our clients’ properties, you would see a big difference. Professionals invest more in their properties to attract the best tenants who pay the best rents knowing tenants all want clean and safe.  Investing more includes time and effort in marketing and screening tenants. If you read about tenant nightmare stories in the news, you’ll note the landlords never ran credit checks or a Naborly report on the prospective tenant. You all know the hoops we must jump through to get a mortgage. It would be advisable to screen tenants similarly, as a bad tenant is a very expensive mistake when you are trusting them with a half a million dollar asset. If you’re looking to get started in becoming a wealth hacker, someone on the most efficient path to building wealth, let us know.  We offer property tours in each of the top towns around the GTA which upcoming tours in Collingwood. We have the Wealth Hacker conference on Nov 9th, a master class on the most efficient paths to success in small business, real estate and stock options.  Go to www.wealthhacker.ca for details, discount code: iamawealthhacker  For those who are very serious about their success, we have my membership group called iWIN, short for the Infinity Wealth Investment Network.  We are a close knit group that meets monthly to share best practices on investing in real estate, staying up on the latest strategies. We meet up quarterly for a mastermind, iWIN style. We do something fun together then we mastermind over a meal. So far this summer we did a Niagara Wine Tour on bike and a separate event on powerboats on a lake up north.  Both were followed by lunch and everyone had an amazing time networking with like minded people and coming away with actionable advice. For details, go to www.infinitywealth.ca 

Ex Financial Planner Now Multifamily Investing East of Toronto, Off Market Deals, Cap Rates and JV Structures with Sarah Coupland

On to this week’s guest, my friend, who is a member of my mastermind group, Sarah Coupland of Tag Properties (www.tagproperties.ca)  Sarah is a successful, multifamily real estate investor and one of the nicest people you will ever meet. In this interview, she took our virtual meeting from her cottage, afforded to her by her real estate businesses. Sarah invests mostly where she lives, in Cobourg, Ontario where she owns several small multifamily properties. Sarah shares how she got started and how her boyfriend, now husband, had to help her renovate her house if he wanted to see her (yay free labour!). She shares how she sources properties off market, often buying the properties no one else wants. For the best value-add strategies, some crazy stories of police raiding one of her rental properties, her cap rates and how she structures the financials for joint venture partners – have a listen!

To follow Sarah:

Website: www.tagproperties.ca Instagram: https://www.instagram.com/couplandsarah Sarah in CREW Magazine: https://www.canadianrealestatemagazine.ca/features/something-from-nothing-232912.aspx Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.   If you have a question, we don’t have any fancy means to receive questions so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast. I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Till next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians. Sponsored by: TitanInvestmentRealEstate.com – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at admin@mrhamilton.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price. Till next time, just do it because I believe in you. Erwin Hamilton, St. Catharines, Toronto, Land Development, soon to be builder and Real Estate Investor W: erwinzeto.com FB: https://www.facebook.com/erwin.szeto IG: https://www.instagram.com/erwinszeto/