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How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

October 11, 2019/0 Comments/in podcast/by Erwin Szeto
Hello Wealth Hackers!! Welcome to the Truth About Real Estate Show!! If you’ve ever felt like an underdog or that project or investment you wanted to start looks insurmountable then please just think of this podcast. Everyone and everything starts from the bottom. If you did me the displeasure of listening to the first few episodes of this show, you know how bad it was.  I was nervous as heck, I spent hours to prepare and produce the show as part of a six episode experiment. I stuttered more than usual. I like to experiment or test, so if a project fails, you move on to the next thing. Learn lessons, and move forward. I knew from the beginning that I wouldn’t be the most well spoken host. Our music is, well, something I put together on GarageBand. Our audio quality wouldn’t be the best, as my guests are hundreds if not thousands of kilometers away and driving is just a time vampire. I’m not sure what happened in the last month, but we’ve had an overwhelming inflow of positive feedback.  Shout out to Jody Fleck, your email still makes me smile. I’m happy to hear you connected with Anna Moore, who is a past guest of this show, and are doing amazing things in affordable housing for retirees. This morning, I checked our reviews of this podcast as a barometer, as I’m updating our Marketing from time to time, and in the whole world of business podcasts on iTunes, this little podcast that could is ranked 88th.  Lucky number 88. A podcast with a niche of investing and for Canadians. Want to know the crazy part? There are only three Canadian Business Podcast ahead of the Truth About Real Estate Investing, including the CBC who has a lot more funding than I do. LOL. None of the three are about real estate, so I’m just speechless. Please do keep sending in your feedback, it does help me guide where we go with the show. One consistent feedback we have been getting is how we much truth we are sharing on this show about failures, especially mine. I’ve shared how I’m selling my AirBnb as it doesn’t generate enough income above and beyond a long term rental. Before that, it was a student rental, but that didn’t work out thanks to a student tenant who was just a nightmare. I’ve said it from the beginning, this is the Truth About Real Estate. It’s not always perfect and many influencers out there do have an agenda to promote their businesses. As marketers, they don’t want to share the scary parts and there isn’t really enough time for it in our format.  However, as the host of this show, I have a lot more talk time. To make it easy on myself, I speak off the cuff, unrehearsed, just telling it like it is. In case you missed it, the property I offered for short term rental, didn’t work out for me, hence I’m selling it to do some stocks with a goal to earn higher cash flow returns like my friend, Adriano,  who is also my electrician from Etobicoke. He earned $120,000, or 30% returns, in his first year as a stock hacker.  I can’t thank Adriano enough for getting me off my ass to believe I could be an option trader too and he is the guest of this week’s show!

How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

Adriano is a wealth hacker. He operates a six figure business, owns a mid sized apartment building, plus three other investment properties, and he’s a six figure stock hacker. Adriano is also only a few years away from joining Canada’s top 1% of income earners. Let that sink in. Someone whose formal education is Electrician college and he will out earn 99 out of 100 Canadians.  I want the same as Adriano, hence I’m selling one of my ten properties to fund this investment strategy. Call it diversity, call it a cash flow play, I just want another six figure stream of income. Adriano is mentored by Omar Khan and Matthew Todman, both past guest of this show from a 2-3 weeks ago. If you haven’t already, have a listen to those episodes after this one. If you’d like to take a deeper dive, you will want to see Matthew and Omar present on Nov 9th at the Wealth Hacker Conference where we have some of the world’s leading experts on growing a business, investing in real estate and stocks. Our keynote speaker is Grant Cardone who also has multiple streams of income totaling over $100 million in revenues and his real estate company manages 1.2 billion of real estate. As a special bonus to fans of this show and those interested in learning how to hack stocks like Adriano the electrician, use the promo code STOCK when buying your ticket and we will send you an exclusive video of a private presentation Omar and Matthew and Adriano 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 stocks, that’s OK, I didn’t either. I was almost wiped out in 2008 with my stocks. The truth is, I chose very young companies, highly speculative ones that didn’t pay dividends. Now I only want to own the cream of the crop of blue chip companies with decades of track record paying dividends. Only boring stocks for me as I despise speculation and gambling.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/BQAM66fbJi0
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android
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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/10/Adriano-Grande.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-10-11 15:34:352019-10-11 15:34:37How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

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

October 4, 2019/0 Comments/in podcast/by Erwin Szeto
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.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/go0OcuEi07o
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android
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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/10/Rachel-Oliver.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-10-04 19:46:272019-10-04 19:46:30Selling My AirBnb To Fund My Stock Hacking & the Rent to Own Queen Rachel Oliver

Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

October 1, 2019/0 Comments/in podcast/by Erwin Szeto
Hello fellow Wealth Hackers!! Many of you have been following my AirBnb and Stock Investing journey and one has come to a conclusion. I’ve failed in one while the other is prospering. I invested roughly $10,000 in each as a test and the results are in. I’m selling my house that I AirBnb’d while freeing up capital to fund my stock investing account. Why? Real estate is best, right? Monopoly is won by owning not selling right? My advice to clients is to not sell unless they have a better opportunity for their capital, and I think I’ve found mine. Now that the summer is over, my projected rental income of my short term rental has fallen below that of a single family rental after costs of operating each. With short term rentals, I have many more operating expenses: special insurance, lawn care and snow removal, property management, utilities, internet. The cleaning costs are a wash as the guests pay for that. In the end, I am very overweight in real estate and am pursuing more cash flow. After reading and being a part of Omar and Matthew’s Stock Hacker Academy and trading, seeing how my old real estate friends who do stocks as a side hustle are earning 30-40% year to date, I’m interested in taking stock investing further.  In my first month as at time of this recording, my return on investment is 4.9% and I’ve collected 7.6% in cash. That’s gross and not annualized. With this virtually unknown strategy, I’m getting paid to own blue chips stocks at prices I want. I get paid up front too.  My account started with $10,000, if I closed my positions right now, and I can with a click of a button, I would have $493 in my account in just one month. My goal was 2% a month.   Disclaimer time. The past does not project the future, I’m not an expert, I’m not licensed to give advice, this is not advice. Go get advice from experts which I am not, this is simply me sharing the truth about real estate investing. My personal truth is I’m earning more cash flow as a percentage of my investment than I do on my AirBnb. Cash flow is the original reasons I got into real estate and cash flow will always be your gateway to freedom.
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Omar Khan, one of our speakers, is going to share his proven stock investing strategy that consistently yield double digit return for him at the upcoming @Wealth Hacker Conference If you have not got your tickets yet, make sure you visit WealthHacker.ca to get yours now. From now until Sept 27, if you use the promo code “stock” at checkout, you will get access to an exclusive video done by Omar & Matthew on their strategies. Make sure you get your tix now at WealthHacker.ca Get the tips, strategies, motivation and connections to 10x Your Wealth

A post shared by Erwin Szeto (@erwinszeto) on Sep 22, 2019 at 4:40pm PDT

I’m not giving up on real estate. This is just us selling one of our ten houses, specifically the house that provides the least cash flow, with a bunch of capital tied up that I can’t access via refinance. This is a personal decision where my goal is to create an additional stream of income like my friend Adriano the electrician from Toronto.  He is the same electrician who rewired my house to replace the knob and tube wiring in the house I’m selling and check out what he has to say
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/09/Adriano-for-Podcast.mp4
If you’re interested in learning more, Omar and Matthew, the expert stock investors I’m learning from, have their only planned public appearance for the remainder of 2019 at the Nov 9th Wealth Hacker Conference. Many of you are asking for more information since their podcasts came out, so I am giving it to you. Go to www.wealthhacker.ca, after you click on the green button that says ‘Tickets’ there is a promo code hyperlink in the top left. Click that and enter the word “Stock”  With the stock promo code, you save 10% off your ticket price and we will send you an exclusive 1 hour training video that is only available to my private iWIN membership group.  No one outside the group has seen this video. In it, Adriano the electrician shares his experience. Omar and Matthew share how the strategy works as much as they can in one hour.  If you are prolific in stocks as in you already have your 10,000 hours of experience and mastered stocks, you will be able to watch, listen and walk away being able to practice the same strategy. If you’re low on stocks and options education and experience like Adriano and myself, you should take a course. Investing in stocks can be risky, everyone knows that, it’s why I only invest with blue chip stocks that pay dividends. I like my investments boring and predictable, but I’m honestly very excited to add another six figure income stream in only 30 mins per day, I just wish I started sooner. Again if you want the exclusive, one hour instructional video, go to www.wealthhacker.ca, promo code “stock”, or use the link in the show notes at www.truthaboutrealestateinvesting.ca Link: https://wealthhacker.eventbrite.ca?discount=stock  The next LIVE Stock Hacker Academy course will be announced on Nov 9th at the Wealth Hacker Conference. Those in attendance will get first crack at the limited number of tickets at the best prices before we offer them to the public. If you’re interested in the most effective strategies that you can apply right away that will 10X your wealth in stocks, business, and real estate, you want to be here. Nov 9th. Wealthhacker.ca promo code “stock”.  Promotion ends Sunday Oct 6th.

Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

On to this week’s show! This week’s guest is a real estate investor who received media attention east of Toronto. Alex Kouramanis is real estate investor from Toronto, specializing in the Wholesale and Flipping strategies in markets throughout Ontario. He has been investing for over 6 years, with the last 2 years being full time. In addition to investing, he is an online educator on Udemy and Skillshare, teaching Real Estate Investment, Negotiation and Personal Finance. Alex also co-hosts the monthly meetup TREIA, the Toronto Real Estate Investors Association with his friend and partner Luc Boiron.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/sjEsahR3s6M
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Alex:

Instagram: https://www.instagram.com/treetop_residential Facebook: https://www.facebook.com/alex.kouramanis 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/09/Alex-Kourmanis.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-10-01 18:00:152019-10-01 18:00:17Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

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

September 24, 2019/1 Comment/in podcast/by Erwin Szeto
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 Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/L0tXby2RKwQ
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/09/Christian-Szpilfogel.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-09-24 18:17:592019-09-24 18:18:02Investing In Multi Family Residential Without Competition Because No One Else Wants It with Christian Szpilfogel

Mini Retirements, Mini Hotels, Rental Hacking With Sve Pavic

September 6, 2019/0 Comments/in podcast/by Erwin Szeto
👨‍🏫👩‍🎓Yay!! It’s back to school and back to work!! Cherry and I dropped off our kids this morning to no tears and no clinging. Maybe the kids already know everything and don’t need us anymore 🤣🤣.  For my youngest, it’s his first day of real school. No more pre-school at a public school. Yes, I said public school. For a lot of you wealth hackers out there, I know for you it’s private school or bust. I know a lot of non wealth hackers who feel the same and pay for private school using their job income. There’s nothing wrong with that, it’s a choice. I prefer to rely more on my wife and I to educate our kids in business and investing, you know, stuff not taught in public or private school, that could very well provide higher return. We are raising wealth hackers. Kids who are independent and have control of their destiny. Control also means financial security, so I’m going to make sure they can live free of student debt, rent free, and free of mortgage debt. They won’t live lavishly, I’m talking about starter homes for them, whether it be in Toronto or Vancouver. Maybe a two bedroom. 🙂 Speaking of Toronto, here’s the latest on rents in Toronto. Cherry was surfing Facebook marketplace last night and found a modern, downtown condo offering 1 bedroom and 1 bathroom for $1,600. Wow! Great deal, right? Then you read the description, the offering is actually a bedroom with ensuite bathroom in a 1 bedroom plus den and two full bathrooms. This landlord is going to gross around $3,000 per month!! Creative business, yes. Much cheaper than a regular, one bedroom apartment but, damn, this is what the world is coming to and to me the choice is would I rather be the landlord or the tenant? The same applies for would I want my kid or my mom and dad to pay that sort of rent, or would I prefer to collect those rents wherever I choose to invest? It really is a choice and a matter of courage that decides which side you’re on. Even if you don’t have the down payment today, I’ve been there, and made the decision to invest in myself to earn more job income to save more and  improve my credit.  Have the courage to push harder because no one is going to do it for you…. Unless you’re my kid, then I’ll help push a little. 🙂 Many of you have been asking about my AirBnb progress.  The Summer was amazing!! September, not so much, so we are already exploring options for a furnished rental.  After speaking to my friend, Roger, we believe a furnished rental to young professionals by the room would provide the optimal return while minimizing risks. This is not a condemnation of short-term rentals but rather my formula is not providing desired results. I pay a property manager a well deserved 20%. We outsource cleaning and pretty much everything else, but the investment will go negative cash flow if September and other months continue like this. Not to say all short term rentals are bad. iWIN members in same city are having success and together we’ll be sharing at the September iWIN meeting, so iWIN members may learn the latest best practices on a newer strategy. Speaking of newer test-strategies, we are dropping knowledge bombs at the November 9th Wealth Hacker Conference, all day at the Toronto Congress Centre.  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 there. We have expert speakers sharing how they started a business literally sitting on the floor of their garage and grew it to eight figures and Profit 500 THREE times in a row.  If you want to level up your real estate investing or buy your first investment, you need to be here. The window of opportunity is shrinking and you want to know the best strategies to cash flow and capitalize before it’s too late.   If you want to learn how to hack stock investing by selling options to make six figures in 30 minutes per day, you need to be at the Wealth Hacker Conference. If you want to bring it all together and hear it from one of the top coaches in all of North America. All successful people have coaches, if you want to 10X, you want to hear what MaryAnne Gillespie has to say. Finally, if you want to preserve your money so you minimize your taxes, maximize incentives to keep as much money as possible for your retirement, family and favourite charities, you will want to be at the Wealth Hacker Conference. No matter where you are in your career: job, self employed, entrepreneur, investor – you will walk away armed with more knowledge to 10X your results. www.wealthhacker.ca

Mini Retirements, Mini Hotels, Rental Hacking With Sve Pavic

Speaking of short term rentals, Mr Sve Pavic uses AirBnb as part of his repertoire in his rental hacking.  He is the CEO of RentalHacker.com and LUX Rentals. Sve’s a young man who’s already spent an extended period of time in Costa Rica with wife and young daughter while operating his rental portfolio from there.  What’s interesting about Sve’s story is how he’s implemented several strategies: rooming house, AirBnb, legal suites, mini hotel… and he’s getting great rent by pushing the envelope with just a small number of properties. I think Sve’s story should give a lot of young people and those just starting out a lot of hope. Plus his use of automation in his management is impressive. Get those pens and notepads ready! Without further ado, I give you Sve Pavic

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/V9djS21fBw8
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Sve:

Web: https://www.rentalhacking.com Facebook page: https://www.facebook.com/RentalHacking/ Facebook group: https://www.facebook.com/groups/rentalhacking/ 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/09/Sve-Pavic.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-09-06 16:36:472019-09-06 22:41:40Mini Retirements, Mini Hotels, Rental Hacking With Sve Pavic

The Future of Blockchain in Real Estate Ryan Poole

August 24, 2019/0 Comments/in podcast/by Erwin Szeto
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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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 Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/qmwNwDiJgZ8
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/08/Ryan-Poole.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-08-24 22:03:082019-08-24 22:03:10The Future of Blockchain in Real Estate Ryan Poole

New Investor at Age 24, Working 3 Jobs, Lessons Learnt Buying First Property, Importance of Network and REI Friends with Joseph Costanza

August 16, 2019/0 Comments/in podcast/by Erwin Szeto

Hello fellow wealth hackers!! How do you convince someone to invest in real estate? This was a question I was asked while on a podcast, which caught me off guard, as I generally don’t try to convince anyone actively. I don’t tell someone to their face they should invest in real estate, but maybe I […]

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https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/08/Joseph-Costanza.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-08-16 17:20:142019-08-16 22:31:13New Investor at Age 24, Working 3 Jobs, Lessons Learnt Buying First Property, Importance of Network and REI Friends with Joseph Costanza

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

August 9, 2019/2 Comments/in podcast/by Erwin Szeto
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 Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/SxzoraUvM2Q
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/08/Sarah-Coupland.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-08-09 15:53:562019-08-09 15:53:58Ex Financial Planner Now Multifamily Investing East of Toronto, Off Market Deals, Cap Rates and JV Structures with Sarah Coupland

Blowing Minds & Building 10X Relationships with Ben Oosterveld

July 29, 2019/0 Comments/in podcast/by Erwin Szeto
Hello Wealth Hackers!! If you missed the last episode, I shared how family and I were enjoying the weather on our back deck then we stood there powerless to watch a family of five skunks scramble to hide under my shed. I love animals as much as the next person, I’ve had two dogs before, I teach my kids to respect all life, when an electrician was upgrade the service to my home, they left a space the size of a quarter in my wall leading to mice moving into my house. We live trapped over a dozen mice. Each morning I would get the kids all excited to check the live trap, they would ask if we could keep the mouse as a pet and the answer is no.  We would then release the mouse in the ravine as a family. As we kept catching mice, we got less ambitious and simply release the mice to our yard. Anyways, to successfully get rid of the skunks, we didn’t hire professionals, if any of you are regularly having to hire folks to care for your properties, you know how the cost of labour is way up, we paid $100 for an appliance person to just look at my stove.  A fridge repair was $350…  Back on topic, to get the skunks out, our fences and gates already keep out critters, it’s rare for me to find a rabbit in our rear yard but my kids left the gate open the night the skunks moved in.  So step 1 was to leave the gate open so the skunks could escape. Step 2, as shown on my instagram I ran the hose to flood the space under my shelf Step 3, I play kids song on repeat in the shed so the skunks would have no peace. Specifically “Old Macdonald had a farm….”  Step 4, to check if the skunks were even still there, I placed a chunk of watermelon by the opening to the hole the skunks dug to see if they were still there. Step 5, now day three, no sign or smell the skunks were still there, I blocked the opening with rocks. It’s been a week and a half now and now sign of skunks but while I was running last night, I smelled skunk and if anyone was watching me, I looked like an idiot because I stopped cold in my tracks and ran off the sidewalk to the road to avoid the shadows and possible retribution from the skunk family.  I know I would be pissed off if sprayed with cold water and forced to listen to Old Mcdonald for 24hrs straight.

Blowing Minds & Building 10X Relationships with Ben Oosterveld

On a completely unrelated topic, we have my friend Ben Oosterveld back for now a third time to the show. If you don’t know Ben, he’s previously shared how he ran away from home when very young, lived on the streets and consumed all sorts of alcohol and drugs. He’s since gotten his life together having gone on a binge of acquiring a 50+ investment properties in a short period of time, Ben is also among the highest performing Realtors I know personally having grossed over $800,000 in a year. What sets Ben apart from most is his ability to wow people, let people know he cares. For those of you out there looking to raise capital or build power teams of property managers, contractors, carpenters, etc… if you have a service based business which all of you landlords do: you are all what I call home service providers. Once you make the people you care about know how much you care, that makes doing business that much easier. For those of you looking to level up your businesses, listen to what Ben does to wow his clients to apply to your own businesses because it works for Ben. Without further ado, I give you Ben.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz
On SoundCloud: https://soundcloud.com/truthaboutrei
Youtube: https://youtu.be/ZXeo9Izc16E
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android
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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/07/Ben-Ossterveld.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-07-29 16:47:282019-08-06 00:09:15Blowing Minds & Building 10X Relationships with Ben Oosterveld

Haste & Hustle: Making Entrepreneurship Accessible Via Events and Living Like a Rock Star w/ Shauna Arnott

July 22, 2019/0 Comments/in podcast/by Erwin Szeto
Hello Wealth Hackers and welcome to another episode of the truth about real estate investing. You may already know this about me, I’m not the most eloquent or well spoken person. It’s always hard for me to explain what it is I do. Then yesterday, a gentleman messaged me and told me his story how his family is in debt from his wife losing her job when she was pregnant with their son and how he’s on a mission to learn about investing in real estate.  His question is, how does he come up with a downpayment for an investment property?  To many of you, this is a no brainer. Almost everyone I know I using a home equity line of credit, or they’ve refinanced their home for their first down payment or more. After they ran out of equity in their homes for down payments, they either went the joint venture route, partnering with friends or family. Or they waited for the market to do its thing, tenants to pay down mortgages and, voila, more equity to refinance for more down payments and more investment properties. If this is not an option for you, then invest in yourself and look for opportunities in your current employment to add value. For me personally, I studied sales because that is the easiest way to create value. If you are revenue generating in your business, you are invaluable. Same if you save your company money or you can raise money, hence why you see many company CFO’s as the 2nd highest paid. What also happens is the company’s top sales people make more money than the president does. In my last job, my boss was a workaholic and a genius, so no way I could fill her shoes. I focused on Sales training and investing in real estate when I was not working my day job.  On to my unwanted tenant… No, not the one who vandalized my AirBnb house before it became an AirBnb – but skunks! Yes, the black furred rodents with the white stripe down their back. My nanny alerted me to seeing five of them in our backyard. They were likely attracted to my vegetable garden and kick ass sweet peppers. I sprinted to the backyard only to see a tail disappear under my shed. I’ve been documenting what I call, Skunk vs DIY Skunk removal. Thank you to all who have sent me home remedies. So far I have filled the space under my shed with water. I have played for the skunks “Old Macdonald Had a Farm” on loop with my old iPhone to annoy the crap out of them, because I know it works on me when taking the kids on road trips. I’ve dusted the area at the opening of their hole with flour to track if they are in there or not, then it immediately rained. I’ve even gone on to mark the territory, but didn’t record that video.
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A post shared by Erwin Szeto (@erwinszeto) on Jul 17, 2019 at 6:20pm PDT

Anyways, the video is all there on my instagram @erwinszeto for you to laugh at me. Yes, I know I should just hire a pest relocation professional, and I would for any of my tenants, but this is my home and as of right now it gets the least $$ allocated to it because it’s not an asset! It’s a liability!! All you fellow, wealth hacking, frugal investors know what I’m talking about.

Haste & Hustle: Making Entrepreneurship Accessible Via Events and Living Like a Rock Star w/ Shauna Arnott

On to this week’s guest!! She is not a real estate investor yet, but she really wants to be, so please don’t hate on her or my podcast. She has many dynamo investors as best friends, such as guests of this show Ian Szabo and Dion Beg, and maybe one day guest Brian Scrone, who is a what I call a centurian investor, having owned over 100 investment properties in Florida.   Why I brought Shauna on this show is because she is one of the most fascinating people I’ve ever met. It is my belief that life is all about experiences, and Shauna at whatever her age she is, has 10X the life experiences of most. One week she’s having lunch and planning a women’s conference with the Dutchess of York, the next week she flies to California for a meeting and charity concert with Maclemore, then it’s off to India for another major event planning session. Shauna has hosted Gary V in front of 3,000 in Toronto, she’s hosting Sir Richard Branson in the next 12 months, and expanding her events to Californation. But even more crazy, Shauna is going to 10X as she plans my event to host Grant Cardone! 🙂 Funny enough, we investors all hustle and grind so we may one day travel more. Shauna’s Haste and Hustle is so she can one day afford a down payment on an investment property and here is her story.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/5PSmGj8fDrE
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow up Shauna:

Website: https://www.hasteandhustle.com/ Instagram: https://www.instagram.com/hasteandhustle Facebook:  https://www.facebook.com/groups/hasteandhustlers/ 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/07/Shauna-Arnott.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-07-22 16:47:242019-07-22 16:47:26Haste & Hustle: Making Entrepreneurship Accessible Via Events and Living Like a Rock Star w/ Shauna Arnott

Lessons On How To Build Houses For Small Developments with Expert of 12 years and 800+ Houses Steve Ford

July 17, 2019/0 Comments/in podcast/by Erwin Szeto
I think my son who just turned four has his first crush on his hair stylist… our friend Monica has a new hair salon in Hamilton that shares a space with an excellent coffee shop. I needed a haircut and so did Bruce, so we booked an hour with Monica to get prettied up. Normally my son hates getting his hair cut. We used to bribe him with an iPad and Paw Patrol to get him to sit still. At first he would only sit still for 5 minutes before running away when we cut his hair at home. Last time he sat the whole time for Monica, but again with his eyes glued to Paw Patrol. This time, no screen time was needed. Bruce sat still the whole time participating in small talk with Monica. Before our appointment, Bruce was even on my case as I was recording a podcast, yelling at the top of his lungs he wanted to go see Monica to get his haircut three hours ahead of schedule. Appears Monica has a customer for life. LOL What’s also neat about drinking excellent coffee and getting my hair cut is these businesses are within a commercial investment property of my friend Charles, Andy and Steve.  Steve is this week’s guest. It’s one storey for now, but this group of investors have plans to tear down the existing property and build a six storey, purpose-built student rental residence, as it is located very closely to the local university. Universities are growing in popularity and students need a clean, safe and affordable place to stay, hence this investment property could very well be a wonderful wealth hack for generations to come. If you want to find out different ways to build your wealth, pay for your children’s education, and maybe your own retirement as well, make sure you come to the first Wealth Hacker Conference in November. We will share everything we know, and more. Visit www.wealthhacker.ca before tickets are all sold out. For being a loyal listener of my podcast, I’d like to offer you a special discount code: iamawealthhacker Many wealth hackers, like the ones on this podcast from all over the country, have already confirmed attendance.  The energy in the room will be electric and my friends are the most sharing people I know. You don’t want to miss the event of the year for investors!! iamawealthhacker – one word, all lower case. You will see the coupon code option in the top-right when you choose which level of attendee access you want.

Lessons On How To Build Houses For Small Developments with Expert of 12 years and 800+ Houses, Steve Ford

Onto this week’s guest, my friend, client, and my go to guy on construction. This interview was triggered by hearing interviews on other podcasts by beginner developers, which is totally cool. Sharing is awesome, and I wanted someone with mastery level experience to come on this show to share on developing and building houses. That brings us to Steve Ford who has 12 years experience in construction and is a Project Supervisor for a local home builder, having overseen the construction of over 800 houses. Steve is a real estate investor as well, having done rent-to-own and long-term buy and holds, but is going next-level in aggressively pursuing more active income by developing land and building houses via a strategy called in-fill development, which Steve explains on the show. Steve is a wealth hacker and a good guy.  I give you Steve Ford.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/iDTLR1afNtU
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow up with Steve:

Website: https://www.infilldevelopments.com/ 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/07/Steve-Ford.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-07-17 14:13:312019-07-17 14:13:34Lessons On How To Build Houses For Small Developments with Expert of 12 years and 800+ Houses Steve Ford

7-8 Figure Commercial Developments with Shane Melanson

July 5, 2019/0 Comments/in podcast/by Erwin Szeto
Happy Canada Day and hope you had a great long weekend as the summer kicks off!! Are your summer BBQ’s like mine? We had a bunch of friends and family over Sunday and Monday and the conversation was about the Leafs, Raptors, and of course real estate, but it wasn’t initiated by me!! It seems more and more real estate is becoming a more and more popular asset class. Note these are friends and family, not from my real estate world, but what surprised me was how bullish everyone was thinking. The worst from the spring of 2017 Housing Fairness Plan correction is past us and my friends and family are all looking to increase their real estate for either where they live or for investment.
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Scenes from our backyard combo birthday for our youngest and Canada Day. I can’t wait for my retirement to just do this all the time and I selfishly want everyone else to retire fast and rich so we can all hang out and do awesome stuff together.

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on Jul 2, 2019 at 1:36pm PDT

I’m hoping it’s the right decision. My wife and I are having one ugly property renovated and we recently had one of our existing rental houses switch to AirBnb. I’ll detail some of our own investing in a separate episode, or else this one will be a really long one. On a sad note, as the child of Chinese immigrants from Hong Kong, the civil unrest and protests back home are the worst it’s been from my recollection. Yet another reminder how grateful my family is to live in the greatest country in the world. Canada is not perfect by any means, but look at our freedoms, low crime, opportunity, clean environment and quality education system. It’s good to call this place home and to own property here. Is it any surprise Canada remains a top destination for immigration?? Immigration to Canada looks to stay strong. If you have developer friends like I do, developing is getting more restrictive and more expensive, which puts upward pressure on housing prices. Owning property or more appropriately, positive cash flow income properties whichever way your prefer: Airbnb, basement suited houses, apartment buildings, developing land, student rentals.  It’s all great and area dependent. For the Wealth Hacker, I can’t recommend enough that you learn about each strategy to have the skills and knowledge to make a decision. For example, one investor I know switched up his strategy from student rental to AirBnb back to student rental as the service levels required for AirBnb proved to be too much for this investor.   Wealth Hacking update on my part, I am committed to learn how to sell stock options. I’ve ignored my friend Omar Khan for too long, who’s been encouraging me to learn and implement the strategy he’s used for over ten years to earn himself six figures selling stock options on blue chip stocks that pay dividends. This isn’t a get rich quick thing and Omar is going to show me how, after he’s already taught over 50 of his friends how to, including my electrician. Omar and I have the same electrician, he re-wired the upstairs of my house that I’m AirBnb’ing. Our electrician has made around six figures in the last 18 months using this little known strategy. There are books on this strategy e.g. “Get Rich With Options” by Lee Lowell, but no different than any subject you plan on mastering, some hands on learning with ongoing coaching from an expert goes a long way. Omar is our keynote speaker at our next iWIN members’ meeting as a warm up for the big stage at iWIN’s Wealth Hacker Conference on Nov 9th, for which you can get your tickets at wealthhacker.ca.  This is an all day event bringing together all the greatest wealth hackers I know who have taken the shortest path to financial success: investing in real estate with other people’s money for 100+ properties, Airbnb, stock options with Omar, making money like the bank, start a small business from zero to $100,000 and from $100,000 to $500,000. Everything I’ve learned on my entrepreneurial and investor journey, the best subject matter experts, the best lessons from my own investing and business building. We are bringing you all my bests for one day, November 9th, including the most in demand business trainer in the world in Grant Cardone in Toronto. The networking alone is worth the price of admission. My friend Susan White did multiple joint venture real estate deals from people she met in the VIP at a similar event. It was an event similar to the Wealth Hacker Conference that was the catalyst for myself to go from amateur to professional Wealth Hacker. This will arm you with the tools to take a shorter and faster path to financial freedom. Tickets at WealthHacker.ca 

7-8 Figure Commercial Developments with Shane Melanson

On to this week’s guest! For those with sights on bigger projects, Shane Melanson does exactly that! Shane started like many investors do with single family homes, did a few flips, progressed to commercial real estate including trailer parks, developing industrial condos, and retail plazas. Other than tackling these very large and complex 7-8 figure projects, we discuss Shane’s path to becoming a commercial expert. He’s here to share what triggered his investing, his career path before his first commercial investment, and the mentorship he received along the way.  Also fascinating is how Shane structures joint venture investments with these large-scale, capital-intensive projects and % splits via general partner and limited partnerships. Have a listen!

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/smDEkeynjCQ
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Shane:

Website: http://shanemelanson.com Podcast (iTunes): https://podcasts.apple.com/us/podcast/the-investing-advantage-podcast/id1465519313 Stitcher: https://www.stitcher.com/podcast/shane-melanson/the-investing-advantage?refid=asa Shane’s book: https://www.clubsyndication.com/book1 If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/07/Shane-Melanson.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-07-05 18:17:202019-07-05 18:17:227-8 Figure Commercial Developments with Shane Melanson

Increasing rent $1,000 w/ Middle Term Rentals; Student Rentals, Trampoline Park, Mother of Four w/ Gillian Irving

June 30, 2019/0 Comments/in podcast/by Erwin Szeto
Do you golf? I used to think golf was an inefficient use of time and poor exercise. I used to think of golf like fishing, or darts. It’s a great hobby to do with friends. But my investor friends more and more have convinced me golf is great for networking and meeting fellow entrepreneurs, so I bought a set of clubs and am giving it a go.
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A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on Jun 25, 2019 at 6:20am PDT

🏌️‍♂️But I suck at golf. Even with a few mulligans, I shot at 139 including at 76 on the back nine at the lovely Hamilton Golf and Country Club this past Friday. Thank you to Charles Wah for inviting me out. I suck at many things, golf especially as I only golf 18 holes once per year, but now I want to learn so I set aside time to practice. I took a lesson and will take even more. Trying new things is a challenge and as a teacher of #investinginrealestate I can draw parallels on the most direct path to success: 1️⃣ do it with friends: I’m golfing with friends who happen to be successful entrepreneurs, including my wife. This makes the experience and journey that much more fun. Tomorrow I’m golfing with a successful stock investor who sells options and owns 60 units of investment real estate. His name is Omar and he’s teaching me to trade and he will be one of our speakers at the Wealth Hacker Conference in Toronto on November 9th.  Omar made $500,000 in 2018 from utilizing a little known strategy, and has made a living doing so for over a decade. 2️⃣ take lessons: you don’t know what you don’t know, so take advice from a professional that has a track record of successfully coaching others to success.  Almost every investor I meet wants cash flow and that’s pretty much impossible to do where they live, so they are relying on local experts to guide them to the correct investment decisions. 3️⃣ don’t be afraid to try new things. Five or ten years from now will look back and laugh at how you started from the bottom, now you’re here. None of my multimillionaire clients expected to be here so fast in five-seven years. The next five-ten years will go by no matter what, how you spend them, or rather invest in them, is what will matter most. With excellent guidance and coaching, you can really minimize your mistakes and maximize your returns. Reach out if you don’t know how to get started, as I may suck at golf but few others have a system and team of coaches that produces #realestatemillionaires like we do. This episode is brought to you by iWIN’s Wealth Hacker Conference: On November 9th, 2019 at the Toronto Congress Center, we will be sharing the best secrets of the rich including:
  • 10X mindset
  • Six figure income, 15 mins per day, options trading from your phone
  • Earning income like the bank passively, better returns and more stable than the stock market by private lending
  • Investing in real estate: apartment buildings, raising capital, AirBnb, student rentals, accessory apartments, land development
  • And so much more as we confirm more Wealth Hacker experts who do, no theory BS
Tickets are on sale now at: www.wealthhacker.ca and don’t delay, prices are going up and if you want VIP, we only have 100 of them and they will sell out first.

Increasing rent $1,000 w/ Middle Term Rentals; Student Rentals, Trampoline Park, Mother of Four w/ Gillian Irving

On to this week’s show! Mother of Real Estate, Gillian Irving, is an old friend, client, mother of four who had life pretty good yet decided to go next level, hire a real estate coach, and buy a bunch of houses focusing mainly on student rentals. She also started her own successful 36,000 square foot trampoline park, she’s had her own TV show on Rogers, and Gillian shares the story of our first meeting and how she bought a property that same day. It’s been a cash flow gem and nearly doubled in price in less than five years. It goes to show Gillian’s preparation for action!! Gillian was also kind enough to share her worst investment story in a large syndicated mortgage that included losses for her and those close to her.  That is the Truth About Real Estate, not all investments are winners, this show is about sharing lessons, including from losses, so you may win in all of your investments.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/SnGSn9uwNQQ
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Gillian:

Website: http://investinstudentrentals.com/ Training course: http://www.mothersofrealestate.com/ Facebook: https://www.facebook.com/gillian.irving.79 Skyzone Trampoline Park: https://www.skyzone.com/ca-whitby If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/06/Gillian-Irving.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-06-30 14:53:252019-06-30 14:53:27Increasing rent $1,000 w/ Middle Term Rentals; Student Rentals, Trampoline Park, Mother of Four w/ Gillian Irving

Police Officer Dave Knight Says You Have The Right, No, A Duty To Build Your Wealth

June 21, 2019/0 Comments/in podcast/by Erwin Szeto
Congratulations Toronto and Canada, we are the champions!! We did it!!
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🎉Party on the Gardiner on our way to the party 🦖🦖. Our first stop was in China town for Oysters because we were hungry, then to a private after party for more 🍸🍺🍻refreshments then finally to Dundas Square to party like it’s been 26 years since we won a 🏆🏆🏆. . 📈Started from the bottom now we’re here. . Parade is over, best fans on the planet and now back to the grind of bringing 🔟❌ and @grantcardone to 🇨🇦🇨🇦🇨🇦. . 🎥 @charleswah

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on Jun 18, 2019 at 7:34am PDT

History was made, so I may have taken more liberties than I normally do in my conservative, boring life. I like boring. I like being at home and going to bed early, and I’m glad life can finally get back to normal with less late nights and stress replaced by more family time, more sleep, more martials arts and Crossfit. Life isn’t always boring though, I’m getting a new car next week, my challenge to my mastermind group was to CN Tower Edgewalk (that’s walking around the outside of CN Tower at 1,168 feet high or 116 storeys). Nothing beats a low risk thrill for team building, followed by a mastermind lunch in the 360 Restaurant for blue sky dreaming ideas of wealth hacking. Speaking of Wealth Hacking, while I scroll through the pictures on my phone from the last week, its been busy:
    • Our AirBnb is rocking – a single family home we would normally rent for $2,000/mo has booked $4,600 on AirBnb for June only. We are 77% booked, so we can definitely break $5,000. I’m preparing a presentation right now actually, for iWIN members tomorrow night, to share how we arrived at this point with all the automation, apps, technology, hardware etc… as I didn’t lift a finger.
    • Cherry and I attend an Entrepreneur Bootcamp for two whole days and I have many takeaways around apps, scheduling, and scaling businesses
    • Sadly, I missed a few hours of the 2nd day, as we were out late the night before celebrating history as our Toronto Raptors won the championship. We sent a video of apology to our hosts as we were cheers-ing tequila shots. They understand. This is history and life is all about experiences. We didn’t get in till the sun was coming up and I won’t be doing that again for a while.
    • Saturday was another loaded day, as the kids had the day off from Chinese School and I was teaching my oldest to ride a bigger bike.  It’s really interesting to practice influence skills on a five year old. She resisted and wanted her old bike but she’s a champ and now only wants her new bike.
    • From there it was my clients’ open house of their new build, two semi detached houses, each with basement apartments. I’ll have Steve Ford, one of the investors on this project, on this podcast shortly to explain the ins and outs of new construction. He’s a project manager for a major builder and an expert in construction. As always, we will bring you experts on this show. There is nothing wrong with just starting out, but those starting out should not be offering coaching services. Just saying.
    • For some background on these new builds, my clients bought two houses: one a single family, the other a duplex, severed the backyards and built two more houses, each with a basement suite. Each new build is rented for $3,400 plus utilities and over $10,000 in rent for these now-seven units. This is next level investing, so stay tuned for Steve Ford!
This episode is brought to you by iWIN’s Wealth Hacker Conference: On November 9th, 2019 at the Toronto Congress Center, we will be sharing the best secrets of the rich including:
    • 10X mindset
    • Six figure income, 15 mins per day, options trading from your phone
    • Earning income like the bank passively, better returns and more stable than the stock market by private lending
    • Investing in real estate: apartment buildings, raising capital, AirBnb, student rentals, accessory apartments, land development
  • And so much more as we confirm more Wealth Hacker experts who do, no theory BS
Tickets are on sale now at: www.wealthhacker.ca and don’t delay, prices are going up and if you want VIP, we only have 100 of them and they will sell out first. www.wealthhacker.ca if you’re interested in the best side hustle and income replacement opportunities. November 9th we have the rich and successful sharing their secrets on how they became rich and successful. You don’t want to miss this event.

Police Officer Dave Knight Says You Have The Right, No, A Duty To Build Your Wealth

On to this week’s show! Officer Dave Knight is a friend, an investor, client of ours, fellow podcaster of the First Responder Wealth Network spreading the word how even for those with a pension, people need more. Especially for those who risk their personal safety everyday to protect all of us. Dave is also a big fan and student of Grant Cardone, having taken some of his masterminds and apartment building investing mastery classes, delivered by Grant himself. Dave also has insights into Grant’s strategy and lessons as to what goes into his over $1 billion dollar assets under management portfolio. This was totally not what I expected. Have a listen, buy a timmies for a first responder when you see them in line, and I proudly give you officer Dave Knight.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/P_D3LctzYh0
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Dave:

Web & ebook: https://www.911wealthnetwork.com/freebook Email Address: info@911wealthnetwork.com If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/06/Dave-Knight.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-06-21 20:39:002019-06-24 20:43:42Police Officer Dave Knight Says You Have The Right, No, A Duty To Build Your Wealth

$100 Million Portfolio To Almost Broke, The Myth of More, RRSP Secrets with Greg Habstritt

June 17, 2019/0 Comments/in podcast/by Erwin Szeto
Have you been following the Raptors? Secretly, I’m hoping all the hoopla ends soon so my early to bed lifestyle can get back to normal. 🙂 Speaking of Raptors, my all time favourite Raptor player, Vince Carter, has some kind words to share about our upcoming Wealth Hacker Conference:
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🙏🙏Thank you to Vince for the shoutout! . 💯iWIN’s Wealth Hacker Conference tickets go on sale to those registered for our waitlist at www.wealthhacker.ca in less than 48 hours!! (Noon Thursday to be exact!). Early 🐤bird priced tickets in limited quantities to those registered 24 hours before we broadcast Grant Cardone’s first public event in Canada in a long time! Mr 10X himself. For those registered, watch your email at noon Thursday especially if you want VIP access to meet Grant Cardone and have your picture with him. Event is November 9th, 2019. Toronto Congress Center. Learn from the best Wealth Hackers I know to learn the fastest path to success. If you’re not registered, expect to pay more or instead register at: Www.wealthhacker.ca 🦖 in 6ix. Link in bio

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on Jun 11, 2019 at 7:32am PDT

On November 9th, 2019 at the Toronto Congress Center we, along with Grant Cardone, will be sharing the best secrets of the rich including:
    • 10X mindset
    • Six figure income, 15 mins per day, options trading from your phone
    • Earning income passively like the bank, better returns and more stable than the stock market, by private lending
    • Investing in real estate: apartment buildings, raising capital, AirBnb, student rentals, accessory apartments, land development
  • And so much more, as we confirm more Wealth Hacker experts who do, no theory BS
Tickets are on sale now at: www.wealthhacker.ca and don’t delay, prices are going up and if you want VIP, we only have 100 of them and they will sell out first. www.wealthhacker.ca if you’re interested in the best side hustle and income replacement opportunities.

$100 Million Portfolio To Almost Broke, The Myth of More, RRSP Secrets with Greg Habstritt

This week’s guest, after a four-five year hiatus from the public spotlight, is Greg Habstritt. Greg has spoken on many of the biggest stages in the world of entrepreneurship, including 10X for T Harv Ecker, Dan Kennedy’s Super Conference, plus hosting his on his own stage: Sir Richard Branson (Virgin), Dali Lama, Stephen Covey (author of 7 Habits of Highly Effective People), Brendan Burchard. Prior to 2010, every attendee to entrepreneur or real estate workshops and related social media knew and admired Greg, then he gave it all up. He’s here sharing his truths about real estate investing, including amassing a portfolio of over $100 million to almost going broke twice, why he gave up his coaching business, and his current focus.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/yAZG9jf2txg
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/06/Greg-Habstritt.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-06-17 20:07:402019-06-17 20:07:41$100 Million Portfolio To Almost Broke, The Myth of More, RRSP Secrets with Greg Habstritt

Ask Erwin Anything EP1 with Joel Arndt

June 10, 2019/0 Comments/in podcast/by Erwin Szeto
Hello wealth hacker nation! As our regulars know, I converted one of my single family homes from being rented to students to AirBnb after an awful experience with one tenant and then dealing with the pro-tenant, Landlord Tenant Board Tribunal. Good friends of mine who have much experience with short term rentals told me how great the tenant profile is vs. long term tenants. Guests of short term rentals, or STR’s for short, are happy because they are on vacation and they have budget, otherwise they wouldn’t be taking vacation. My property is inspected more frequently, as my cleaners are there every week to inspect for maintenance and damage issues. Plus damages are paid for by the guest via their damage deposit vs. a long term rental landlord has to collect themselves, it comes out of pocket, possibly goes to small claims court, which can put the tenant into collections, and you’ll possibly not get paid, etc…
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🥇First look at our post renovated and furnished new Airbnb. Honestly, it was pretty easy when you have a great team. Just hard on the pocket book to get to this point 🤣. Thank you to my wife Cherry Chan who lets me experiment and writes the cheques, furnishing by Jacqueline Paradisi, my PM Bryan Kirow. My Realtor: me 🤣 couldn’t have done it without my Realtor. My mastermind friends Tasha Monaghan and Michelle Gauthier who convinced me STRs are the way to go. No auto accept customers right Michelle 😉 Hopefully the PGA Canadian Championship allows us to charge some stupid rents to recoup some of these costs!! 🙏🙏🙏

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on May 17, 2019 at 5:07pm PDT

So is the grass greener on the other side? We will see, but so far in less than 72 hours we have $3,500 expected revenue for the month of June. Note, that’s inclusive of HST. Our first guests arrived yesterday and we had our first complaint already, LOL. Our grass is too long, as the grass growing conditions have been perfect and as a student rental, we had the house mowed every two weeks. Note, I raised the rent for this weekend from $250/night to $850/night because the Canadian Golf Championship is in town, so the rent is high but the lesson is to be aware of your market!! Many of my friends with STR’s did not adjust their rents as they weren’t aware of this major tourist event. Fun, useless fact of the day, my guests who booked golf week are from Florida. Also to note – the upfront investment is significant for time and capital to prepare a house for short-term renting, but I outsourced it all from renovations, cleaners, Property Management, and furnishing the house. I’ll be sharing how we did things from beginning to end at a future iWIN members meeting, plus all the technology involved to make the process completely automated. This episode is sponsored by our Wealth Hacker Conference on November 9th, and we just announced is our venue: the Toronto Congress Center – North Building next to Pearson Airport in Toronto. We also announced Pierre Paul Turgeon as one of our many Wealth Hacking Speakers. Pierre Paul is an old friend, the best teacher of apartment building investing, and he grew his own portfolio from zero to 22 million in only a few years.  He walks the walk and talks the talk and he’s a good person as he donated several of his apartments to those who lost their homes in the Fort McMurray Fires in Alberta just a few years ago. Our keynote speaker is none other than New York Times Best Selling Author and leader of the 10X movement, owner of Cardone Capital with over $1 billion in real estate under management, our #1 pick and ultimate Wealth Hacker, Grant Cardone. To register go to www.wealthhacker.ca, the sooner you register the better the tickets and better the prices, so please don’t delay. Like many iWIN events, this one will sell out too.

Ask Erwin Anything EP1 with Joel Arndt

On to this week’s guest who is less experienced to investing. This all started when I posted on Facebook that we can make any investor who is ready and willing successful, as we have 15 millionaire clients who we directly assisted with their investments. They seriously come from all walks of life. I’ll detail in a future episode some interesting statistics and observations of these millionaires. Anyway, Joel Arndt sent me a direct message, or as the young people call them, DM’s. He asked if my statement was true and if he could ask me some questions. He shared his back story. Joel actually goes to Church with one of our super star clients and past guest of this show, Evelyn, and though they knew each other they have taken completely different paths. I asked Joel if we could record our Ask Erwin Anything session to share, as I know we have many young listeners and folks looking to switch careers or learn about investing for a side hustle. He agreed, and here is the interview. I give you, Joel Arndt.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/UjeGS4Pc0es
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/06/Joel-Arndt.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-06-10 22:15:432019-06-10 22:51:37Ask Erwin Anything EP1 with Joel Arndt

100th Episode – Started From the Bottom Now We Here w/ John Roumanis

May 31, 2019/0 Comments/in podcast/by Erwin Szeto
What does work/life balance mean to you? I make it no secret that I take Sundays off. Sunday was recovery from Raptors Game 6 Series clincher AND Sunday Family Day!! For all you entrepreneurs out there seeking balance, I have no idea what balance is. What I do know is no one likes working on Sundays, so it’s a good day to take off. I’ve been a young hustler for over a decade, and my business and investments keep working on Sundays and statutory holidays, so I don’t always have to work. If I do need to check on a property, I’ll bring the kids as it’s part of their education and inheritance. Going to school will get them a job. Learning to invest in real estate lets them level up, turn down promotions for a little more pay and more responsibility and, worse, more hours. So they can spend time with my grandchildren. To me, that’s balance, and the definition of wealth. When my kids look back, other than being wildly embarrassed by my antics and silliness, I hope they remember they are a priority for me.
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Sunday Family Day!! For all you entrepreneurs out there seeking balance I have no idea what balance is. What I do know is no one likes working on Sundays so it’s a good day to take off. . Note I’ve been a young hustler for over a decade and my business and investments keep working on Sunday’s and statutory holidays so I don’t always have to work. If I do need to check on a property, I’ll bring the kids as it’s part of their education and inheritance. . Going to school will get them a job. Learning to invest in real estate let’s them level up, turn down promotions and overtime so they can spend time w my grandchildren. To me that’s balance and the definition of wealth. . #wealthhacker #gogetyourmoney #10x #iwin

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on May 27, 2019 at 6:21pm PDT

ICYMI (in case you missed it) Our next speaker for iWIN’s Wealth Hacker Conference Nov 9th is… We identified this speaker as the top educator in the area of multi-family (5 units and above) investing during our brainstorming phase and he just agreed to participate. Pierre-Paul Turgeon is Canada’s leading authority and insider when it comes to investing in apartment buildings because of his unique perspective on this type of investment.
He is a former CMHC multi-family underwriter (he analyzed the risks for an insurance proposal) and a full time multi-family investor with a portfolio of 160 doors valued in excess of $22M. As a former CMHC apartment building underwriter, he has analyzed hundreds of apartment deals in three provinces and three territories. He has analyzed more apartment buildings than most of the largest landlords in the country. Not only is he familiar with the front end of buying apartment buildings, he is also very knowledgeable about the back-end of this business (that is, when apartment deals go sour and investors default on their loan), as he also managed the default management department in CMHC’s Prairie office. This wealth of knowledge and experience enables Pierre-Paul to invest in apartments buildings strategically to ensure a sound return for his investors with low risks. To register for the waitlist to get advance access to tickets at early bird pricing go here: https://www.wealthhacker.ca

100th Episode – Started From the Bottom Now We Here w/ John Roumanis

This week’s guest is…. Before I introduce this week’s guest, we just passed 100 episodes, which is crazy. This started as a six episode experiment. I was a nervous wreck with nonsensical questions for my guests. I’ll always Remember asking Julie Broad if she drank coffee or tea. Her response was, do people really want to know? Time went on, it’s been three and a half years now. It’s insane to me how a niche Canadian-content-only podcast made the top 60 on all of iTunes in the investment category, so I want to take a moment to say thank you to all my listeners, my guests, especially my favourite guests, many of whom dropped bombs on this podcast publicly for the very first time. One was kicked out of home for substance abuse as a young teenager and lived on the streets for years, only to turn it around and now they are super successful and rich. Another lost her parents as a young teen and became homeless, only to become one of the top coaches in our industry and is wealthy and successful. Many have shared how they overcame overwhelming odds. Tahani, born in a refuge camp, came to Canada for an arranged marriage, become a single mom, barely speaking English, to go on to become one of the wealthiest people I know. Jules Mckenzie, an “Indian”, as he refers to himself, born and raised on a reserve. He was told he was worthless by his teachers, then to have a challenging job of a police officer on the reserve, many dark days, failed investments, only to turn it around and become wealthy. To celebrate 100 episodes, I’ve reached out to several of our most popular guests for updates plus, for fun, a few centurion investors: investors who have owned 100 or more properties, to learn their lessons so we too may learn to invest like the best of the best. First off, we have my friend John Roumanis, an old friend now who owns lots of property, but also the honour of having our most downloaded episode. John is very well educated: MBA, CPA. He even teaches at a local college for fun. He manages tons of people at work, Canada’s largest coffee producer. He’s really smart too, as a conservative stock investor choosing value plays for blue chip companies that pay dividends. He’s also really smart for choosing me to help him make close to $1million in real estate, all part time, in only eight years. If you want help to build and grow a real estate portfolio, let me know.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/cXWc1-UDeIQ
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/05/John-Roumanis-1.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-05-31 20:07:332019-05-31 20:07:35100th Episode – Started From the Bottom Now We Here w/ John Roumanis

Active Investing Vs Pre-Construction Investing, Doubling Investments Before Closing with Todor Yordanov

May 28, 2019/1 Comment/in podcast/by Erwin Szeto
Did you hear about the major happenings this week?  The Toronto Raptors won back to back home games in the NBA Playoffs vs. the Goliath like Milwaukee Bucks.  My wife got us tickets and took me out for date night and it was awesome. In other big awesome news, I was finally allowed to share our big fat secret I’ve been dying to share for the last three weeks.  That’s when we signed our keynote speaker for Nov 9th’s iWIN Wealth Hacker Conference. He is none other than New York Times Best Seller, the man who sells out stadiums of over 30,000, the top sales trainer and real estate investor whose company owns over 1 billion dollars worth of real estate, Mr 10X himself, Grant Cardone. Which brings us to this month’s sponsor of the show: iWIN’s Wealth Hacker Conference. This all started with me putting on a free training event. I told Cherry and she wasn’t impressed. Free stuff is not appreciated nor valued. As the saying goes, “those who pay, pay attention.” Next iteration was a 30 person event in a library or something, but then we applied 10X thinking. How about a 200+ person paid event, and I’ll reach out to some of my expert friends. Then we had an idea to hire a celebrity keynote speaker, someone from my favourite CBC business reality show. Around this time, we hired an event planner. Then our thinking grew another 10X. Together we did some blue sky brainstorming. Who is the most in demand speaker in the world of entrepreneurship? And we got him. Uncle G, Mr 10X, Grant Cardone is our keynote speaker for iWIN’s Wealth Hacker Conference this November 9th in Toronto.
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When @grantcardone Management shares your event 🙏🙏🙏🔥🔥🔥🔟❌. Thank you @stevespray !!! . November 9th, we host Uncle G. . www.wealthhacker.ca to register.

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on May 22, 2019 at 5:58pm PDT

Our objective for the attendees is for them to walk away knowing they can take control of their financial future, and we will give them the tools to become a wealth hacker: investors who can profit and thrive in any market, and not just in real estate. We will have experts share about blockchain/cryptocurrency, cannabis and options trading as well. As always, with iIWN events, the networking alone will be worth the price of admission. We are still working out details for the event, including venue and ticket prices, but we have opened a waitlist at www.wealthhacker.ca. Friends on the waitlist will have first dibs on tickets at early bird pricing, including VIP tickets for the best seats and the opportunity to meet my friend Grant and have your picture taken with him. Again that’s www.wealthhacker.ca to register for access to early bird pricing and availability of tickets before the public, plus we will announce speakers to the waitlist first.

Active Investing Vs Pre-Construction Investing, Doubling Investments Before Closing with Todor Yordanov

On to this week’s guest, my old friend Todor Yordanov, he’s the first REIN member I ever met. I first met Todor at a meetup at a Tim Horton’s back in 2008, before anyone knew what a meetup was. This was back in day when email distribution lists were how we communicated. A bunch of Hamilton investors organizing and communicating over an email list of like 50 people. When I met Todor, he was investing in condos: specifically townhouse condos in Hamilton, because they suit this 8-12% rule: the annual rent had to be 8-12% of the purchase price plus improvements. Todor wasn’t the only one following this strategy, as this was what we were taught. These houses cash flowed, but in hindsight, the tenant profile was not a good one and the condo fees were inflating at about 15% per year. The truth about real estate is that when condo fees go up out of control, it negatively affects affordability and in turn, the resale price. Anyway, Todor next invested in student rentals, but now his focus is on condos in Toronto. Especially condos known as pre-construction, meaning builders selling apartments in a high rise building before they are built. The strategy works for Todor as it suits his lifestyle and passive investment preference.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/78yYgwQ9scU
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Todor:

Facebook: https://www.facebook.com/todor.yordanov.real.estate/ LinkedIn: https://www.linkedin.com/in/todoryordanov/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/05/Todor-Yordanov.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-05-28 00:08:402019-05-28 00:55:42Active Investing Vs Pre-Construction Investing, Doubling Investments Before Closing with Todor Yordanov

Financing Market Update, Financing Vacation Properties, Heart Attack by 39 With The Best Mortgage Broker Dave Butler

May 17, 2019/1 Comment/in podcast/by Erwin Szeto
This is the biggest, craziest thing I’ve ever done. Bigger than buying a house without conditions, without seeing it, without my wife’s permission while we had another house vacant and undergoing renovations. The feeling is more like that combined with skydiving, bungee jumping, hang gliding, competing in martial arts, and public speaking in front of 600+ investors. Everything I’ve done in my life and career has been building up to this moment and I’m grateful for my team and, most importantly, my wife Cherry who has been my partner in this process and putting this event together. I honestly tell her about these crazy ideas I have and she applies her critical thinking about how we make it happen. What am I talking about? These times we live in are hard. Housing affordability is the #1 or #2 issue all across Canada. Canadians without pensions are faced with working into their 70s or 80s to afford retirement. If you’re a parent or grandparent, you have to be worried about how the next generation can get a job let alone move out and buy a home. If you work in corporate, are you getting ahead in life? Do you really want to keep working until your 70’s or 80’s, or would you prefer to make money in your sleep? I’ve been there. I worked in technology and survived two rounds of layoffs, once during the recession and again when our company was acquired.  I survived only to see my friends: mom’s and dad’s walked out by HR. Folks with bills, mouths to feed, and mortgages to pay, grateful I survived but wondering when it was going to be my turn. What is one to do about it? Become a Wealth Hacker. Learn to make money in your sleep in any market. Take control of your financial future. November 9th, 2019 is iWIN’s Wealth Hacker Conference and we have a massive, massive keynote speaker we just signed and wired a bunch of money to bring him to Toronto. You may or may not have heard of him. He is a New York Times best selling author. His limited partnership fund invested in real estate has over $1 billion in assets under management. He is one of the top top sales trainers in the world. Cherry and I, along with numerous Canadians, flew down to Miami to his conference, hosted in a sold out baseball stadium of 35,000 attendees. Cherry and I were thoroughly impressed, hence we brought him back to the Great North for you all to enjoy. His books are titled “If You’re Not First, You’re Last,” “Be Obsessed or Average” and “10X” He is the man, the legend, Grant Cardone. Grant reminds us all we are all capable of greatness, “SUCCESS IS YOUR DUTY, OBLIGATION, RESPONSIBILITY.” ~ Grant Cardone Grant is our #1 overall pick as iWIN continues to bring the best speakers and education, so you all can take control of your financial futures, take care of yourselves and loved ones. To become Wealth Hackers. If you’re interested in attending on Nov 9th, iWIN’s Wealth Hacker Conference, the cheapest and fastest way is to get on our waitlist at www.WealthHacker.ca for the first 100 registrants who will benefit from having first access to tickets at early bird pricing.  This is your least expensive option to get tickets, especially the VIP tickets, as they are very limited and always the first to sell out. www.WealthHacker.ca Take responsibility for your financial future, we will give you the tools on Nov 9th in Toronto.

Financing Market Update, Financing Vacation Properties, Heart Attack by 39 With The Best Mortgage Broker Dave Butler

This week’s guest: The recording is from late March and right after Trudeau’s announcement on how CMHC will help out new home buyers.  Unfortunately, Dave didn’t have a chance to do a full review as he literally just got off a plane returning home from vacation but here are my two cents… I’m really interested in knowing how the government plans on funding this program. FYI, the deficit is huge and ever expanding under this government. What is the repayment plan going to look like and do I really want the government owning a piece of my real estate? More questions than actual insight, but the truth about real estate is this: Every time the government introduces new legislation around real estate, the market goes nuts. In this case, I’d expect a buying frenzy when the new CMHC program goes live in the fall, so if you’re actively growing your portfolio, I would buy sooner than later to avoid buying during a buying frenzy. Back to our guest, who is Dave Butler of Butler Mortgages, the #1 Mortgage Brokerage in Canada and my personal Mortgage Broker. I’ve always been a fan of working with the best of the best, which is why I work with Dave and Dan Patton and team. Dave is crazy successful, but he also paid the price of living as a workaholic, smoking, being overweight and pulling off 400 something all-nighters, resulting in a heart attack at the age of 39. Please let this all be a lesson. If you have an inkling of a heart attack: pain, short of breath and discomfort, call 911. Thankfully Dave is still alive and kicking to be here sharing on this podcast.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/C6YyfFTPrS8
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android
If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/05/Dave-Butler.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-05-17 14:14:542019-05-21 03:00:18Financing Market Update, Financing Vacation Properties, Heart Attack by 39 With The Best Mortgage Broker Dave Butler

Financial Planning Wealth Hacker Style with Kathleen van den Berg, MBA, CFP, CLU

May 13, 2019/0 Comments/in podcast/by Erwin Szeto
How is your perspective on life? I generally prefer to keep things light on this show, but I’m going to take some liberties this week and stray from the normal. A very good friend was participating in a charity 50km bike ride on Sunday and his friend suddenly passed while on the ride, likely due to heart attack. My friend was the last person to see him alive and he’s obviously upset by this. In times like these, life is put into perspective. I question what I’m doing all the time and today I ask, is what I’m doing right now what I want to be doing? Do I spend enough time with the people I care about? How do I improve how I spend my time? I know for you listeners who are commuting while you listen, many would like to commute a little less. My commute was over an hour each way on a train to work downtown and it drove me nuts every evening when all I wanted to do was get home.   Please do make sure you design a life you want and don’t wait for something terrible to happen to get started, like Tom Sullivan shared on his show. He didn’t get started building his retirement fund of ten investment properties until he got cancer. Our award winning joint venturer of the year client, Justin Chung, didn’t start building his empire until his dad was really sick. If you were to pass today, is your family set up in a position to continue without you financially? I had a client pass just two years ago, leaving behind his wife and two kids, the elder of which just graduated university with plans to go to Dentistry school. When I first learned of his passing (now don’t judge me, I have a personality of a critical thinker), my first thought was, “thank God they have real estate.” Two investment properties that had appreciated significantly, over six figures of equity each, and return cash flow over $1,000 each house, each month.  It’s not an enormous sum of money, but those are quality assets that give the family one less thing to worry about as they attract great tenants and the rents keep going up. Give it another five to ten years and this widow will be a real estate millionaire and will be better off than most widows. What is the lesson?  I ask myself that question every time something bad happens. In times of sudden passing like a heart attack, I ask myself if I lead a lifestyle conducive to someone living a long and healthy life. To share in my learnings from being the son of a doctor and the patient of a high performance Naturopath, I limit my salt and sugar intake, I don’t eat much fast or processed food, I have 4 or 5 workouts planned this week and I sweat a lot in those workouts. My workouts are so hard, I have doubts every time if I can finish.  I’m lucky as I’ve found exercise that I enjoy doing for fun in Brazillian Jiu Jitsu and Crossfit. I get plenty of sleep most nights.
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It’s looking like a four workout kinda week plus a round of golf (golf is not working out). This is the fourth and last set of 215 lbs x 8.. . We are redefining dad bod! my buddy Mike D @mike.desormeaux especially as a dad of two. He can bench press what I squat 🤣 . Wealth is nothing without health. Get out there and be active. Be awesome

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on May 6, 2019 at 5:32pm PDT

I’ll also take a moment to constructively criticize the celebration and acceptance of dad bod, how being overweight is socially acceptable.  It is socially acceptable, no one is judging, I’ll just counter with a question, “Is the lifestyle and diet that leads to being overweight the one that provides one with high energy to conquer the day’s work and workouts? Does having a dad bod predict a long and healthy life?” You all know the answer. I’m no health or nutrition expert, so I’ll leave it there. I do have the occasional glass of wine or dessert, but my body fat % is well under 10%, I have visible abs and have for over four years. I am 40 years old. This is my dad bod and this will be my kids’ context for a lifestyle to follow. Speaking of stuff I’m no expert at, as a critical review of this show informed me, and I quote: “Erwin does not know the nuances of RESP’s”, and it’s true, I don’t. I chase enough shiny stuff already as I’m preparing to start option trading in the near future and I’m car shopping for a new BMW today.  That’s not the important work I do… the work I pride myself on is helping everyday, local investors become millionaires and multi millionaires and learning from multi-multi millionaires. Fun fact for the day is none of them told me RESP’s was the key to their success. Quick side note: if you have criticisms or there is a gap in wealth building knowledge you would like filled by an expert, please drop me an email.  I have an extensive network of the best of the best experts who I can request a favour to have on the show.

Financial Planning Wealth Hacker Style with Kathleen van den Berg, MBA, CFP, CLU

Back to the show 🙂 To be clear, my financial position and goals are different than most. I’m looking for 30% returns from my investments. My overriding principle is the investment you do is better than the investment you don’t. If I never lost 40-60% of my stock portfolio during the last major recession, I would never have given my full focus to real estate and the money I lost in stocks is pennies compared to the money I’ve made as a real estate investor. Anyways, enough from me. As someone not qualified to speak to RESP’s and retirement planning, I had my friend Kathleen van den Berg come on the show, who has a lot of letters behind her name and is qualified. The Truth About Real Estate Investing show continues to bring you experts in investing. Kathleen has her Masters in Business Administration, her CFP – Certified Financial Planner and CLU – Chartered Life Underwriter, the Canadian wealth transfer and estate planning designation. She also owns 10 investment real estate properties. Kathleen is here to explain the three buckets of assets everyone needs and which order to fill them, and has even more controversial opinions to share on RESP’s, LOL. Note that Kathleen does fee-based financial planning and is one of the rare CFP’s to do so, to ensure she can provide you unbiased financial advice unlike mutual fund sales people, so we are really lucky to have Kathleen on the show so we may all learn. If you are already on my email list, you will receive my type notes from the interview. If you would like to receive my personal notes from interviewing guests, simply go to www.truthaboutrealestateinvesting.ca and enter your name and email on the right. Without further ado, I give you Kathleen van den Berg, MBA, CFP, CLU and RESP expert. 😉

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/HrFGZFnVxgc
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow up with Kathleen:

Facebook: https://www.facebook.com/groups/DurhamMoneyMatters/ Web: http://www.kavwealthstrategies.com/ LinkedIn: https://www.linkedin.com/in/kathleen-van-den-berg-mba-cfp-clu-7b20b258/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/05/Kathleen-van-den-Berg-1.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-05-13 22:54:372019-05-13 22:54:40Financial Planning Wealth Hacker Style with Kathleen van den Berg, MBA, CFP, CLU

Flipping Houses in Detroit Starting at $57,000 For A House with Savio Almeida

May 6, 2019/3 Comments/in podcast/by Erwin Szeto
Have you seen The Avengers Endgame?!? We did just last night and holy cow!! I won’t share any spoilers, but I will share that I’m a superhero movie fan. I’m wearing my Iron Man shirt as we speak, I’ve watched every Marvel Universe movie at least twice, some three or more times. I’m so nerdy that I caught pretty much every inside joke intended for those who watched the past movies, including Hulk a Hulka Burning Fudge and Steve Rogers’ “on your left” reference from Winter Soldier. Or when Captain America unveils his shocking new super hero powers. I know it’s all fiction and preposterous stuff, but at the root of what superheros do, they all sacrifice and fight for good and the greater good. Which reminds me about investing… I have had so many people tell me it’s too late for them to invest. Not because the opportunity has passed, but they feel there is not enough time to invest and capture all the benefits for themselves. I get that, but let’s not forget about all those who you can help by getting started today, like your kids, grandkids, nieces and nephews, or your favourite charity. I’m actually seeing some investors buying houses and condos not for cashflow, but rather to rent out until their kids need the house down the road. For my wife and I, I think we’ll move out of our house eventually and leave it to the kids, while we live in a condo by the lake. Whereas many non-investors I know are banking on the equity in their homes for their retirement. Just imagine a life where you live mortgage-free. I see it in friends my age, and they have so much more time and freedom for travelling.  I can’t wait to be there soon, and that’s what I want for my kids instead of these $4,000-7,000 per month mortgages buyers today have in order to own a house. Less if they plan on living in a condo, but I’d prefer to see my grandkids grow up in a house. Speaking of buying houses, my team of investment specialists conduct tours of the elite 8 towns for investing in Ontario.  This past Saturday we were in Brantford, Ontario and identified a gem of a property that was well maintained and ticked most of the checklist boxes of the Wealth Hacker Investment Funnel. It was located in a elite 8 investment town, there are several options for excellent property management services, at first look the property would be an ideal candidate for a legal basement apartment, and it would cash flow quite nicely.  As I speak, an iWIN member is preparing an offer. That is the objective or our Elite 8 town tours, to have licensed real estate professional specializing in investments show newer investors around a top town for investment. These are fun networking events as well to meet like minded people. We even hosted a certified appraiser for one of the big four banks, a foundation contractor, plus all sorts of other real estate entrepreneurs on our last tour. Everyone had such a great time and great conversations, the lunch we hosted immediately after the tour went over two hours. We have two tours already planned for May in the Elite 8 investment towns Barrie and Hamilton. To be notified of our tours, simple go to www.truthaboutrealestateinvesting.ca add your name and email on the right side and you’ll be notified over email when the tours are available. Note that spaces on tours are limited, we have sold out every tour we conducted in 2019, so as soon as your hear about one, don’t delay in registering to avoid disappointment or worse, missing out on a great deal. Save the date: Nov 9th: iWIN’s Wealth Hacker Conference, all day event.  We just signed our keynote speaker and can’t wait to announce who it is in the coming weeks but for now, save the date.  iWIN members, your general admission is included in your membership fees! Flipping Houses in Detroit Starting at $57,000 For A House with Savio Almeida On to this week’s guest who lives and invests in Windsor, Ontario but his full time work is flipping houses in Detroit, Michigan. He started there in 2018 after a much more challenging, low yielding flip where he lived in Oakville, Ontario. After tasting success in Detroit, he moved the whole family to Windsor, made lots of connections going to any and all networking events, including iWIN. If you can believe it, Savio paid only $57,000 for a three bedroom house in a nice neighbourhood in Detroit and flipped it for a $43,000 profit. Listen to his story of how he did it!

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Youtube: https://youtu.be/e6PKtrs0X4E
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Savio:

Instagram: https://www.instagram.com/realestateinvestorsav/ YouTube: https://www.youtube.com/channel/UC8BkhR1T9LVj7wfpJcs1YRg Facebook: https://www.facebook.com/realestateinvestorsav/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/05/Savio-Almeida.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-05-06 19:39:282019-05-06 20:12:39Flipping Houses in Detroit Starting at $57,000 For A House with Savio Almeida

Ten Houses, Financial Peace, in Only Eight Years with Evelyn Lamarsh

April 29, 2019/0 Comments/in podcast/by Erwin Szeto
How goes your balancing act with life, work, investing and charity? Last week, we definitely pushed our limits to the edge. My wife and I are parents to a three and five year old, Cherry is in her final stretch for tax season doing Accounting for over 100 local real estate investors, our charity (for which Cherry is VP of Finance and I am President) had one of our three major events this past weekend, fulfilling the wish lists of 32 of Hamilton’s poorest families. Thank you to all our donors and volunteers.  If you see my post on Instagram, you’ll see Batman and Thor, God of Thunder, were in attendance to spread some cheer.
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Another successful Easter edition of the @hamiltonbasketbrigade. We have operating Easter, Thanksgiving, and Xmas since 2014. This day we fulfilled the wishes of over 150 of the poorest moms, dads and kids in #hamont . We may not be able to solve poverty but we will provide relief with durable goods that last beyond a meal. . Already in the plans is to buy in bulk winter clothing and boots for this coming Thanksgiving to 28 families in order to make our budget go even further. . Together, we will be the change we want to see in the world. @kmckone @liveandbreatherealestate @jemaggs @burlingtonbatman @thorandcandy

A post shared by Erwin Szeto 🤓Wiki Of R.E.I. (@erwinszeto) on Apr 23, 2019 at 7:06am PDT

On top of all of that, we closed on our newest investment property on Thursday, and it’s one of the worst closings I’ve ever seen. Mostly our own fault, and the general difficulty of the lending market and lots of learning lessons. The biggest lesson here is to start your financing process earlier than we did. Most of you are on the ball, as you have your financing in order before conditions are lifted. We did not have a financing condition, so we let that deadline slip a bit too far. I do, however, want to thank Butler Mortgages, specifically Dave and Michelle, as they bore the brunt of our challenges, but got it done. Also, I’d like to thank Crystal at CAP Law for getting our deal closed and doing an excellent job coordinating with the sellers’ lawyers. Real estate investing can be all things: easy, challenging, fun, challenging, rewarding, challenging – yet worth it. Tonight is game 7 of my hockey team, the Toronto Maple Leafs vs. Boston. It’s also my favourite team, the Toronto Raptors, game 5 of their playoff series. But guess what I’ll be doing? I’ll be in Hamilton with a wet/dry shop vacuum to get the water out of the basement at our newest property. This is one of the realities of investing, the best deals are often houses with challenges. This one, the basement is known to leak, but it’s a very easy fix by rerouting the downspout away from the foundation. I’ve already done that, but now I need to get the rain water out of the basement to prevent mold growth in our unfinished basement. I’ve always wanted to own a shop vacuum anyways, and I’ll be home in time to watch the remain two thirds of the game. If you don’t like doing any work on your properties that’s totally OK. I was just way too slow in booking my handyman to do this job and, again, I’ve always wanted a shop vacuum. 🙂

Ten Houses, Financial Peace, in Only Eight Years with Evelyn Lamarsh

Speaking of investing being challenging and worth it, that brings us to this week’s guest Evelyn Lamarsh, our client since she was 26 years old when we met in 2011. Fast forward to today, she is one of those few investors with 10 properties and living in financial peace. Evelyn and husband Mike are living the dream. Evelyn has her dream job, Mike retired from his job in his early 30’s, they have two young children they get to spend lots of time with, and they just bought a 30 foot boat to spend family time on and entertain friends and family. A boat paid for by their investments. Financial peace and living the dream are indeed possible with some early hustle as explained by our client and more importantly friend, Evelyn Lamarsh.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow up with Evelyn:

You will find Evelyn at iWIN events and; On Facebook: https://www.facebook.com/evelyn.difrancesco If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/04/Evelyn-Lamarsh.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-04-29 15:12:532019-04-29 15:49:23Ten Houses, Financial Peace, in Only Eight Years with Evelyn Lamarsh

Ex CRA to Full Time AirBNB Operator Bryan Kirow

April 19, 2019/0 Comments/in podcast/by Erwin Szeto
What is the deal with AirBnb rentals and short term rentals? First off, I’d like to thank everyone for leaving their reviews on iTunes. It results in this show being one of the top investment podcasts in all of iTunes. If you have any constructive feedback or questions please send them in and not write them in a less than 5 star review. We received a less than stellar review about my lack of understanding of RESP. Admittedly, I don’t understand the nuances of RESP’s, nor do I care to, but don’t listen to me. My investments for my kids’ education plan returned only a couple hundred thousand in less than five years. Personally, I’m a problem solver, and the problem for a dad with young kids is affording their education. It’s going to be expensive. A Globe and Mail article forecasted my kids’ education costing $70,000 each for a four year undergraduate degree for tuition alone. I have two kids, so I need to make an extra 70k times two. How do I solve this problem of affording university? In hindsight, investing in real estate has worked out quite well based on the results of equity gains in the hundreds of thousands while my kids are only five and three years old. In asking Certified Financial Planner, Masters of Business Administration holder, investor of 10 properties, and upcoming guest of this show, Kathleen Van Den Berg, she informs me the nuances of RESP’s maximum grants per lifetime are $7,200 per kid. Again, I don’t understand the nuances, I have shiny-thing syndrome, but my problem is saving $70,000 big, not $7,200 in grants. I’m not saying don’t invest in RESP’s, I think for some they make a lot of sense, but personally, for my kids, I need a lot more savings and flexibility. More and more I see the quality of education for Sales, Marketing and Business to be better outside of traditional brick and mortar universities. Back we can talk about that another time.

Ex CRA to Full Time AirBNB Operator Bryan Kirow

While we are talking about my kids’ houses, one of them we have changed strategy from student rental for college kids to a short term rental. What a coincidence I had an in depth learning session, I mean interview, of a full time AirBNB operator Bryan Kirow of Northern Host Kirow Management Inc with over 400 overnight stays in his units, and counting. As you can tell from the interview, he’s quite bright. Upon graduating university he worked for the Canada Revenue Agency (CRA). For our American friends listening, that’s the equivalent to the IRS in the USA. Bryan worked there until life had him move out of town and he decided to make a full time gig of operating short term rentals remotely, as some properties are over 300km’s apart, and he’s acquiring more properties. Currently he owns four properties with seven units, but his portfolio is doubling in size in just a few months. His investments have worked out quite well, as he’s often doubling or tripling the rental income of a long-term strategy, and at the same time avoiding many of the tenant issues from long-term tenancy. Bryan even shares the little known renovation to try to double his already tripled annual rents on his property in a vacation town. Doubled his tripled rents. I know that sounds weird, but when you listen it will make more sense. Would you like my show notes?  The notes I’m taking during the interview, as I know many of you listeners are pre-occupied while commuting or cooking or working out while listening to this. If you are interested, I will include my notes in my weekly email that lets folks know the episode is available. Like you, I’m an investor, and here to learn. I’m finding typing my own notes is a good practice for learning. My notes can be yours too if you simply go to https://www.truthaboutrealestateinvesting.ca/ and enter your name and email to subscribe.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/q2roMj02ZMY
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To connect with Bryan:

NorthernHost.ca → click contact to get a message to Bryan I have Bryan’s email too, but I fear we will break his inbox, so if you’re a client or iWIN member, simply ask. If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/04/Bryan-Kirow.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-04-19 16:43:402019-04-19 16:43:43Ex CRA to Full Time AirBNB Operator Bryan Kirow

Financial Peace with Rav Toor

April 15, 2019/2 Comments/in podcast/by Erwin Szeto
Are you ever really sure you know what you’re doing? I regularly check in with our investment decisions and, more importantly, what my wife and I are doing as parents. No different than investing, a custom approach is best and kids with their personalities are no different. Admittedly, I’ve taught my kids some controversial things. Today is international bully awareness day, so I thought I would share. My son enjoys hitting and wrestling, my older daughter not so much. So, I’ve told her to tell him to stop and, if he doesn’t, walk away. If he keeps pestering you, then hit him back, just not in the face. I know many don’t believe in violence, but from everything I’ve read on bullying and from my experience, there are people out there who don’t understand words. So I view this as a learning experience under the safety of our home. My daughter learns to stand up to bullies and my son learns that unacceptable behaviour will result in being hit by the victim. Even though their fighting drives me bonkers, to see how they are best friends makes it all worth it. Here they are, my daughter riding my son’s bike, because she got tired of riding her scooter. My son is copying me, how I was pushing my daughter when teaching her to ride without training wheels. My family is my motivation to work hard to afford more financial freedom and financial peace. Financial peace is a term I first heard from this week’s guest, who is mega successful thanks to his TV show, The Everyday Investor. He has peace, as he does very little other work, other than starting his own church. He has peace, as he called his phone company to remove the texting function from his phone and he deleted all of his social media.

Financial Peace with Rav Toor

Rav was a Realtor and owned his own brokerage, plus several investment properties, but the lifestyle of hustle and the demanding schedule did not suit him. So he stopped being a broker and sold all his investment properties. Instead, Rav focuses on producing his show and teaching others how to invest passively in land developments. However, by far the majority of his time is spent with his wife and two teenagers. Financial Peace indeed, as Rav is rich, yet his favourite store is Old Navy and the only car they own is not fancy and over ten years old. Here I am as a guest on Rav’s Show: https://www.youtube.com/watch?v=IzRuyalspiY If you’re interested in learning more about investing in real estate, we have upcoming Street Smart tours of two of the elite 8 towns: Brantford and Barrie. Saturday morning of April 27th, we have the former Economic Development Officer of Brantford leading our tour of potential investment properties. One property will be ideal for the recreational investor and another for more intermediate to advanced. The tour will be followed by a mastermind lunch with fellow local investors, including experts from the iWIN community. To get your tickets: https://www.eventbrite.ca/e/iwin-april-27-brantford-street-smart-tour-tickets-59267081436 Save the date: Saturday morning of May 18th, same idea for Barrie: a street smart tour led by award winning Realtor and investor of 10+ properties, John Beddome. He was a guest on this podcast just two weeks ago, and has been investing in Barrie since 2007.  John will be hosting a tour of properties, followed by a mastermind lunch with fellow local investors, including experts from the iWIN community. Save the date for now and stay tuned for how to buy tickets which will be in the show notes at the https://www.truthaboutrealestateinvesting.ca, or get on the email list so you are emailed when new episodes are released and informed when we host events.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/dj6gIsZGOcg
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Rav, again he doesn’t have social media:

Everyday Investor with Rav Toor: https://everydayinvestor.com/ Simple Church: https://simplechurch.ca/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/04/Rav-Toor.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-04-15 19:42:222019-04-15 19:42:24Financial Peace with Rav Toor

How to Prevent Basement Leaks with Manny Cabral

April 8, 2019/0 Comments/in podcast/by Erwin Szeto
The 40th birthday that never ends…. My clients, I call them the infill boys: they buy houses with large lot sizes and build a 2nd building on the same property. They invited me dinner, a Raptors game, post-game drinks, midnight Chinese food, followed by a night cap of bubble tea because, why not? My clients are Andy, Charles and Steve. They are my clients and, more importantly, they are my friends and it’s so great to have like minded friends. We can share business ideas and goof around so things NEVER get boring.   At dinner, Andy was telling me about an opportunity to turn a suburban bungalow into a three family home with basement apartment and rear edition.  I know a little about investing, so I have questions around utilities servicing and parking, to which Andy has answers. We even used whatever was on the table to visualize the plan. Here, I’m using my phone to represent the addition.  It was the rear addition to the napkin (main house), but now it’s the second storey to the main house.  Mind blown. Imagine buying a house for $400,000 and being able to convert it into a four family home for under $400,000. With today’s market rents, that same property would generate $74,400 rent, plus utilities, per year. All under one mortgage. :p It’s a dream, but hopefully we are two years from being two years away from making this a reality.  Assuming you have all the money you need for downpayments. Speaking of money…

New addition to the April 13th Agenda

What’s the #1 problem for real estate investors? How to systemize a real estate business, so we have added it to our agenda for April 13th. It is tax season after all, so I’m sure you’re all enjoying figuring out your tax stuff while the weather is all of a sudden warm and sunny. 🙂 How to better systemize your real estate business. And not just teach you – but show you the best systems by actual professional investors. We’ll have best practices for bank accounts, receipt keeping and filing, filing systems for both paperwork and online record keeping. We could go on!!! Our instructors: – Kristy Allison McDonald, owner/operator of BK Real Estate with an 80+ property portfolio including lots of flips and legal duplexes.  Kristy and husband Brady live on their new 50 foot boat in the summer in the Bahamas. That’s how systemized their business is. – Cherry Chan, Real Estate Accountant, investor of a 10+ property portfolio, and Accountant to many of the top investors in Ontario. We got her in the middle of tax season at a massive expense, of course, so you all can benefit. As per iWIN policy, we learn from the master class experts. Doers. Not Theory. I have also asked Russell Westcott, JV Jedi, to offer more bonuses to attendees. I’ve negotiated, not ONE but TWO legal document joint venture agreements and the related checklist.  Russell has paid his lawyers a rate of $500/hour to prepare these documents and these will be free to attendees.  Attendees are saving Thousands with these documents alone. April 13th, all day (9-5), Oakville. Click on the link for full details and to register: https://events.infinitywealth.ca/register Or email Maria at maria@mrhamilton.ca iWIN members: this meeting is included in your membership and will be recorded for your future enjoyment purposes.

How to Prevent Basement Leaks with Manny Cabral

Onto this week’s show! I’m getting a lot of emails and seeing it all over the investor Facebook groups, folks are experiencing basement leaks. I’ve invited my secret contractor, friend and client, Manny Cabral, on the show. Just to warn you, he’s ultra-busy and selective of who he works with. He’s earned the right, as he’s so busy with his own portfolio and existing referral business. Anyway, Manny is a real professional contractor. He used to manage government renovation contracts for government buildings and schools.  He’s used to large scale projects with lots of regulation and moving parts, which makes him well suited to be a general contractor, investor, and house flipper. Manny, plus his two sons, are members of iWIN and he used to sing and play guitar in a travelling rock band. As the serial entrepreneur that he is, Manny also collected and sold Corvettes. When our dollar was near par, Manny was the biggest reseller of Corvettes in Canada, but that’s all boring compared to leaky basements, so have at it Manny!

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/aHo9e4sVxCI
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Manny Cabral:

Web: primoinvestmentproperties.ca Instagram: https://www.instagram.com/emanuelc101/ Facebook: https://www.facebook.com/primorenoinc/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/04/Manny-Cabral-1.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-04-08 21:08:462019-04-08 21:09:15How to Prevent Basement Leaks with Manny Cabral

How to Invest In Barrie Easily And With Stable Cash Flow with John Beddome

April 1, 2019/0 Comments/in podcast/by Erwin Szeto
Is it weird to work on your birthday? I kind of enjoy working, and our events allow me to see our clients and friends in person. This past Saturday, our team hosted 50+ investor on the iWIN Flip Tour in Hamilton. Our friend, client and iWIN member, Manny Cabral, is in the middle of flipping two properties so we could get the inside view. Literally, as some walls were not just closed, and Manny explained how the deal went down and planned renovations to maximize returns. Both houses were bought off-market, but will be sold on the market via our top Real Estate Agent team who has been working with investors for last four consecutive years. One of the key factors of a successful flip is to purchase the property at a price below what it would sell for on the market. Often times the property is so unmarketable, and sometimes dangerous, that some owners prefer to sell off market. When selling a fully renovated, turn key property, the best practice in my experience is to sell it on market. Those who buy off market want a discount. If you’re looking to sell and maximize sale price, then you want to market the property to as many buyers are possible to be in a position of strength when negotiating, as our client and iWIN member Manny Cabral is doing when his flips are done renovating.   As I’ve mentioned on this show, the market is often irrational in how it behaves. I once had two offers on one of my listings, one was our offer, at asking with conditions; the second was $80,000 higher without conditions. If the property was not listed, I would not have received that 2nd offer for $80,000 more. But do know that communication and positioning had to be executed perfectly to generate that crazy aggressive 2nd offer. As is goes with my networking group, the Infinity Wealth Investment Network (iWIN for short), we will continue to teach about flipping and off market deals and wholesaling, along with our full suite of investment hacker strategies. Our guest speakers last Thursday, Ryan Carr and Susan White, have done it all: tiny houses, vertical splits, horizontal splits, storage rentals, rent to own. They know and have done it all, they are investment hackers which enables them to maximize returns on any given property. Why is that important? Sometimes, a great deal will come across your desk and the amateur might think, “This is a great buy and hold” or worse, “I’ll pass”. Whereas an investment hacker would look at the same property and think, “This would be a great property for a coach house addition for short-term furnished rental to someone waiting for the insurance claim to come in and rebuild their home and we can 3x the rents of a single family buy and hold.” Which investor do you think will come out of the next recession in the best shape? Such is why we will continue to teach the latest and greatest at iWIN events: As for our upcoming event: April 13: [iWIN All Day Meeting] in Partnership with Russell Westcott: 7 Steps to Raise $100K+ Real Estate Raising Capital Academy-LIVE VENUE – Sheridan College Conference Centre – we’re back!!
    • For iWIN members, this is included in your Membership. Tickets are available to purchase for non-members as this is a special event. Members, not sure if you’re registered? Email maria@mrhamilton.ca !
    • Russell Westcott, best selling author, expert instructor on the subject of raising capital for real estate investors is back to take an all day deeper dive on the subject of joint venturing where YOU the real estate expert will learn the expert secrets to attract capital partners for your real estate co ventures.
    • Getting mortgages is tougher than ever, the ability to raise capital for any business or investment is key to continuing the growth of your portfolio.
    • If you have a friend who’d like to attend, early bird pricing ends April 5th: https://www.eventbrite.ca/e/7-steps-to-raise-100k-real-estate-raising-capital-academy-live-tickets-58641284661

How to Invest In Barrie Easily And With Stable Cash Flow with John Beddome

On to this week’s guest!! Sadly, the truth is there are few people I like in the real estate industry and even fewer in the real estate investment industry.  John Beddome is not only of the good ones, he’s one of the great ones. John is a licensed real estate professional, he listens to what his clients want and gets them exactly that. The job is to guide investors as best as possible with the highest possible return on time and investment, and John delivers exactly that. When I was checking John’s references (I check references for guests of the show 🙂 I was informed this client was showed seven properties by John, and the investor bought five of them because John listened and found them exactly what they wanted. John is also an investor, a top 10% investor, as one of the few who achieve double digit investment properties at 12, having started in 2007.  Even more important is what a good man, husband and father he is, but I won’t spoil it for you here, but around the midpoint of the interview he had me choked up. Finally, John is an original member of iWIN and member of the League of Extraordinary Real Estate Professionals that I personally endorse.  After you have a listen, you will understand how John qualifies. Without further ado, John Beddome

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/95QSWaRG9yk
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To reach out to John:

Facebook:https://www.facebook.com/beddome Web:http://investedinyou.ca/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/03/John-Beddome.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-04-01 14:18:322019-04-01 15:12:02How to Invest In Barrie Easily And With Stable Cash Flow with John Beddome

How To Get The Bank To Give You Mortgages On Investment Property with Dion Beg

March 24, 2019/0 Comments/in podcast/by Erwin Szeto
How were your 20’s compared to your 30’s or 30’s compared to your 40’s, … etc? To me, it’s all a blur and went by so fast. I still look at my kids in astonishment and can’t believe they are mine and I’m responsible for them. Parenting should really be more regulated. LOL By the time you’ve heard this, I will have turned 40. I can’t help but think back how much more I accomplished in my 30s than my 20s. What blows my mind is what I have planned for the next decade, and I thank you all for listening and following along in my journey. My birthday wish for all of you is to do what you can to build a stable, prosperous portfolio that meets your goals. Maybe one day we can grab a drink somewhere with a warmer climate and share stories, give thanks to our past selves for the hustle we put in so our retired selves could live a little more without worry over money. This podcast also approaches a milestone of 100 episodes. It started with a crazy-nervous host with some odd ball questions, but top notch guests, as an experiment to do six episodes. We were far from perfect, and still are now, but we got it started and the podcast was ranked #55 on iTunes in the investment category.  An all Canadian podcast vs the whole wide world of podcasts, and it all started in my bedroom. I still record the majority of episodes from my home office. To celebrate 100 episodes, I have a couple things planned. I’m inviting what I call “centurian investors” on the show to ask them their lessons from owning 100+ properties. What would they do differently so, as usual, we all may learn from their mistakes, their tips and tricks we can apply immediately, and for the long-term for our own portfolios. Even if you’re a beginner, would you want to adopt a centurion investor’s top strategies? A couple quick announcements to make for our upcoming live and in person events.  In this world of internet and social media, these tools can not replace networking face to face where you will learn at least one thing to take your business to the next level. March 28th: [iWIN] March Meeting – Off Market Deals, Tiny Houses, Vertical Splits!!
      • Our guest speakers include titans of our industry, Susan White Livermore with over 70+ properties and Ryan Carr who has bought about two houses per month for the last three years. Ryan just sold the Tiny house as well, so let’s find out how the deal went down and how much money he’s counting!
    • This really is a treat to have such high level investors come and share with us all to raise our collective skill and experience levels.  No where else do you find this level of talent in one room
    • Hopefully tickets have not sold out by the time you’ve listened to this, but please don’t wait: https://iwinmonthly.com/optin
April 13: [iWIN All Day Meeting] in Partnership with Russell Westcott: 7 Steps to Raise $100K+ Real Estate Raising Capital Academy-LIVE
    • For iWIN members, this is included in your Membership. Tickets are available to purchase for non-members, as this is a special event.
      • Russell Westcott, best selling author, expert instructor on the subject of raising capital for real estate investors, is back to take a deeper dive on the subject of joint venturing where YOU, the real estate expert, will learn the expert secrets to attract capital partners for your real estate co-ventures.
    • Getting mortgages is tougher than ever, the ability to raise capital for any business or investment is key to continuing the growth of your portfolio.
    • For tickets, go to events.infinitywealth.ca. Please don’t wait. Our events always sell out and early bird pricing ends April 5th for $100 off, or bring a friend 2 for 1 special. Again, events.infinitywealth.ca
May 30th: [iWIN Members Only Monthly Meeting] Mastermind Dinner
      • After countless requests for more networking time, iWIN is hosting a Members-Only dinner. The cost of this dinner is included in your iWIN Membership.
    • Location TBD and near Pearson Airport
    • There will be structured networking, so expect to be having new conversations with experts you have not met before.
Summer iWIN Socials: Mastermind On A Boat, Mastermind on a Bike – Niagara Wineries Bike Tour. The epic 2019 continues!!!

How To Get The Bank To Give You Mortgages On Investment Property with Dion Beg

On to this week’s show!! In 1964 a comic strip called “Wizard of Id” was published In the first panel the diminutive tyrannical King character addressed his subjects from the balcony of his castle and emphasized the need for “peace and harmony”. In the second panel the King continued by stating “We must all live by The Golden Rule”. Traditionally, the golden rule is to do unto others as you would have done onto you.  That’s what nice people do. The tyrannical King, the central character to the Wizard of Id, is not nice so you can imagine the confusion by both the reader and the audience before the king. In the last panel the jackass king character states “Whoever has the gold makes the rules.” In today’s real world, the banks have all the cheap money, cheap money all us investors want, and on the show we have my old friend Dion Beg who specializes in mortgages for investors. He just so happens to belong to the #1 mortgage company in Canada, Butler Mortgage. I’ve always believed in working with the best of the best, and bringing you the best of the best, hence I asked Dion to give us all an update on the mortgage markets specific to us investors and across multiple investment strategies. Pay special attention near the end when Dion explains the break down of his clientele between recreational, intermediate and advanced. I may have many super-stars on this show, but as Dion shares, you don’t need much to build a healthy retirement nest egg. If you’re new to investing, start there. Because no one else is going to give you a pension for this little effort. Without further ado, I give you Dion Beg.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/pJpoOmcRqE8
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To reach out to Dion Beg:

Web: https://www.mortgagesbydion.com/ If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!! I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor. To download the report go to www.truthaboutrealestateinvesting.ca/book 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/ [/av_textblock]
https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/03/Dion-Beg.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-03-24 21:44:412019-03-25 00:05:54How To Get The Bank To Give You Mortgages On Investment Property with Dion Beg

Aha Moment for the Hamilton Basket Brigade and How to Invest in Brantford Like a 28 Year Veteran with Former Economic Development Officer Paisely Mackenzie

March 18, 2019/0 Comments/in podcast/by Erwin Szeto
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https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/03/Paisely-Mackenzie.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-03-18 16:05:432019-03-18 16:56:03Aha Moment for the Hamilton Basket Brigade and How to Invest in Brantford Like a 28 Year Veteran with Former Economic Development Officer Paisely Mackenzie

80+ Houses in Only Three Years, Raising Capital on a Boat w Kristy and Brady Mcdonald

March 12, 2019/0 Comments/in podcast/by Erwin Szeto

Every investor’s greatest fear is buying a lemon of a property. A money pit, if you will.

I made that mistakes way back when I started. We were offered what every investor wants, an off market deal! We made an offer well below what the seller’s Realtor thought they could get and,  boom! We got ourselves a money pit. The house had a log foundation and the driveway was sloped to direct water into the basement window and onto the dirt floor of the cellar.

The water that came out of the taps was brown from time to time… I learned a lot from that house.

Mistake #1 – We didn’t get an inspection.  The brown tap water is a symptom of galvanized steel plumbing. An old type of plumbing known to leak, hence the insurance companies I use today won’t insure it. If you find it, you better have a plan to replace.  No insurance = No mortgage.

If you were going to renovate a house with galvanized steel, would you get permits and update the plumbing to today’s standards when renovating the bathrooms and kitchen or would you leave the old plumbing and just replace the bathroom and kitchen?

A mastermind member of mine, let’s call him Brian, called me and asked my opinion. He had an accepted offer conditional on home inspection, on a nicely renovated property BUT the home inspector found some improper electrical and the bathroom and kitchen fixtures were connected to galvanized steel plumbing. The same stuff I mentioned earlier that insurance companies will not insure. There were no permits taken out, obviously.

What would you do? You bought a house you thought would not need renovation, with a new kitchen and bathrooms, now you find out the electrical is problematic and the plumbing all has to be redone. Doesn’t that feel like bait and switch?

I told Brian what I thought his options were:

  1. Counter with the seller agrees at their own expense to get electrical and plumber permits to fix all the problems.
  2. Get a reduction in price to reflect the cost of remediation.  Not my ideal choice, because now you have to manage contractors and have a vacant property during the renovations.  This was Brian’s Realtor’s preferred option.
  3. Walk away.

A couple lessons here. Trust no ones’ renovations and workmanship, always get an inspection unless you plan on gutting the place anyways. Even brand new, I had my new construction houses in Brantford inspected. They had passed their electrical inspection, but my inspector found a mistake in the arc fault circuit interrupter that should not have passed inspection. The seller fixed it at their expense. My inspector also pointed out how the step was missing off the rear patio door, something required to obtain an occupancy permit allowing people to actually move in.

Houses are a big investment, an ounce of prevention is worth a pound of cure. Get an inspection.

On the other side, when you renovate, don’t cut corners. You don’t want that as your reputation, as the investor community is a tiny one. As Warren Buffet said, It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you’ll do things differently.

Our next Infinity Wealth Investment Network, or iWIN for short, meeting is here in Toronto on March 28th. If you’d like to come, you have to act fast as these events sell out.

You can grab your ticket here: https://iwinmonthly.com/optin

On to this week’s show!!

While my wife Cherry and I were on a cruise ship in the Caribbean, working the whole time, we fit in a podcast with our new friends Kristy and Brady Mcdonald. With partners who contribute both the cash for down payment and renovation, plus getting the mortgage, they have been able to acquire over 80 properties in just a few years. Some were flips so they only still own 60+ properties, depending on when you talk to them.

Pay special attention on how they are able to manage both the acquisition, renovations, and all those tenants. Also note that the Mcdonalds now spend a lot of time on their 50 foot boat in Florida and the Bahamas, cruising and exploring uninhabited islands. Their boat is called Living the Dream.

Kristy also survived a tragic boating accident as a teenager and lost her arm in the process.  She’s no victim though, as she practices a positive mindset.

I give you, Kristy and Brady Mcdonald.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/03/Mcdonald.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-03-12 15:30:242019-03-12 15:31:1480+ Houses in Only Three Years, Raising Capital on a Boat w Kristy and Brady Mcdonald

My Wife Cherry Interviewed Me. Asked About the Stuff I Don’t Share…

March 4, 2019/0 Comments/in podcast/by Erwin Szeto

What can I say? As any of you regular listeners know, I’m far from normal… but you know what I’ve learnt about spending time around successful people?  We’re all sort of crazy.

Anyway, Cherry had a glass of wine, a shot of tequila, loosened up, and felt like asking me whatever she wanted.

If you still trust me afterwards to help you build your wealth through real estate, I’ll be at the next monthly #iWIN meeting on March 28th.

At our last event, we had two of the nicest people in Stuart and Denise MacPherson come all the way from Ottawa to share how to raise money with RSP’s. We also had master of raising capital, Russell Westcott, in the house answering your toughest questions on the subject.

Russell walks the walk too, having raised 7 figures just last week. That’s capital, not mortgage money, as some people on the social media are including in their definition of other people’s money. We only bring the best of the best guest speakers to #iWIN and Russell qualifies as the best selling co-author of Real Estate Joint Ventures: The Canadian Investors’ Guide to Raising Money and Getting Deals Done.

These are the things you CAN’T learn in a book or podcast . . . These are the things we bring to the table for our Freedom 45 people. My goal for our clients is not to teach them more stuff… it’s to make them more wealth. Anyway, if you’ve had an interest in real estate, let me know. I’ve got a killer Freedom by 45 blueprint.

Don’t worry if you’re over age 45 or close to 45, our blueprint works for anyone looking to make more money and build wealth. Even if you think it’s too late for you, we can help you help your children and grandchildren in building more wealth.

Our next Infinity Wealth Investment Network, or iWIN for short, meeting is here in Toronto on March 28th. If you’d like to come, you have to act fast as these events sell out.

You can grab your ticket here: https://www.eventbrite.ca/e/iwin-march-meeting-with-susan-white-livermore-tickets-57126023474

But before that, we have our Kitchener-Waterloo Street Smart Tour this Saturday on March 9th with Tim Hong! You can find out more information and grab your FREE ticket here: https://www.eventbrite.ca/e/iwin-kitchener-waterloo-investment-tour-march-9-tickets-57141131663

Without further ado, I give you my lovely wife, Cherry Chan of www.realestatetaxtips.ca, asking me crazy questions.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/cOMgHV_DXIk
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

Show notes:

Cherry on the web
To register for iWIN’s monthly meetings
Russell Westcott’s best selling book
Erwin on the web

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/02/Cherry.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-03-04 20:33:522019-03-04 20:33:53My Wife Cherry Interviewed Me. Asked About the Stuff I Don’t Share…

Are You Starting Out As An Investor and Thinking About Getting Your Real Estate License?

February 26, 2019/0 Comments/in podcast/by Erwin Szeto

New record: 24 years old, first time buyer, went firm on an investment property and we couldn’t be more proud.

His name is Joe and we’ll be having Joe on Facebook live for iWIN members and we will share the recording for the podcast and on YouTube.

The number one regret of real estate investors is they wish they started sooner.  

Note this is Joe’s first property ever. We do have other investors who bought investment property at 24, but they already owned their homes.

Mark my words here and now, Joe will be a future real estate millionaire and, if he chooses, a multi-millionaire, and iWIN members will be here to support him.

If you want to meet Joe and learn about his duplex-ing strategy (with the help of Andy Tran and Coach Tammy DiTomaso), stuff we teach all the time at monthly iWIN meetings, then come check us out, assuming we have not yet sold out.

Registration and tickets here: https://www.infinitywealth.ca/events

The Vue
195 Galaxy Blvd
Etobicoke, ON M9W 6R7

Thursday, 28 February 2019
6:30 PM – 10:00 PM EST

In other news, I went to the casino on Saturday and came out on top!!

After the sold-out real estate development tour in St. Catharines on Saturday, a couple of us played hooky and went to Fallsview Casino.

Gambling stresses me out. I don’t know what it is, but I get so stressed and I don’t enjoy it, but I’m happy to enjoy an adult beverage or three while watching my friends play.  Plus, I’m extremely risk averse. I prefer my money making me money, rather than losing money. That is the number rule in Warren Buffet’s playbook after all.

Our group of five lost a combined $1,800, or an average of $360 per person. Since I didn’t gamble, the average loss is really $450. Tammy Ditomaso, who’s on my team, broke even, so really the losses were $600 on average.

That’s not even a tax deductible expense!! Patooey!!

Since our team had their wallets handed back to them empty, I picked up the tab at dinner. And since dinner was with a group of clients, that would qualify as tax deductible client entertainment.

The day was super fun, hosting 40 investors to tour an actual development. There were no sore losers from the Casino, and who doesn’t like a decadent Chinese dinner, complete with Peking duck?

Next time though, consider investing your money in hard assets or a small business for yourself, which leads up to this week’s guest, Tim.

Are You Starting Out As An Investor and Thinking About Getting Your Real Estate License?

I get this question a lot from recent graduates and folks switching careers. “I want to be an investors, should I become a Realtor?”

I get it so often, I invited a young gentleman named Tim to ask me his questions, and record it so I may share this for anyone in the same boat as Tim.

For those wanting to get a real estate license to get access to the data available to Realtors, over 50% of agents do 0-1 transactions per year. Don’t you think you could hire one as your assistant to send you reports and the data you need? That would be considerably less expensive than the hundreds of study hours needed to obtain your license, plus the couple thousand dollars per year in fees to maintain your license.

Food for thought and by the way, don’t listen to me for career advice or legal advice. These are merely my two cents on the subject.

Secondly, I learned in the methods of business, to not follow one’s passions. The market does not care if you’re passionate about real estate. I got my real estate license back in 2010 because there was a gap in the market. There was no one focused on guiding investors in Hamilton at the time. I was part of a fair-sized investor network and investors there were demanding the same.

I am a Hamilton investor, I was good at it. I’m a pretty good Realtor too, hence the awards you can see behind me. There was demand and no one was supplying the service to fill such demand. That’s how I made the business decision. If you’re looking to practice as a Realtor, I suggest a similar approach to evaluating the supply, demand, and competition in your target market. A great place to start would be like I did, becoming a member of group of like-minded real estate investors like my own group, the Infinity Wealth Investment Network. The iWIN group meets on Feb 28th and four weeks later on March 28th. If you want to be a investor, I can’t recommend enough that you spend time around local, successful investors.

If you want to take an even deeper dive into our Freedom 45 program, we can create for you a business plan that can truly give you time and freedom to do other things you love.

If that interests you, come to the next iWIN event! You can register here: https://www.infinitywealth.ca/events

If you’re looking for a get rich quick scheme, this isn’t for you.  Building wealth is a marathon, not a sprint, and playing for the long-term takes a lot of the risks out of investing. No different than the Casino, but I despise risks to my money.

If you’re looking for a “work hard and build an awesome portfolio” scheme, then I’m your man!

Enough from me, I give you Tim, a 23 year old recent graduate with a Psychology degree, $40,000 of student debt, and big aspirations for what’s next.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/TE_o4yrRdK8
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

Books I recommend:

How to Win Friends and Influence People by Dale Carnegie (I can immediately tell when people contacting me, asking questions, asking for my time, if they’ve read this book or not)
Maximum Achievement by Brian Tracy
Psychology of Achievement by Brian Tracy
Rich Dad Poor Dad by Robert Kiyosaki
Renos to Riches by Ian Szabo

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/02/Tim-V.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-02-26 23:02:522021-03-10 14:34:16Are You Starting Out As An Investor and Thinking About Getting Your Real Estate License?

How To Build a Portfolio of Over 200 Properties and Lessons Learned Surviving An Economic Downturn with Jared Hope

February 19, 2019/1 Comment/in podcast/by Erwin Szeto

Hello Investors!!

Are you surviving the snow, ice and cold?  What better time than now to get away to Florida, no? This time next year I plan on go back stateside for the 10X Growth Conference as I just got back and it was awesome.  Here are my 🚨Top 3 takeaways from the first day and a half at #10xgrowthcon .

View this post on Instagram

A post shared by Erwin Szeto (@erwinszeto) on Feb 2, 2019 at 8:48am PST

📐1. More attention to digital assets, specifically websites, thanks to how tos by @tailopez. Check out his website if you want a great example.

🌟📈2. Scaling up is actually a way to reduce competition. Many have yet to learn the skills or raise the capital to do so, so scale up.

🎥3. Share more via video what I’m doing to help clients, members of #iWIN and, most importantly, my charity the @hamiltonbasketbrigade, because this isn’t about me. It’s about providing 1,000 families each year their best holiday ever.

Bonus takeaway: Likes are votes in a democracy, if this video helps you, please like. 🙏🙏🙏

How To Build a Portfolio of Over 200 Properties and Lessons Learned Surviving An Economic Downturn with Jared Hope

This week’s guest is excellent, as always. He’s a coach, a real estate business owner with property management and home construction businesses with 18 staff, and he’s transacted on over 200 properties since 2003. His name is Jared Hope of Tilt Property Group and he’s seen it all, from boom, to bust and 18.5% vacancy rates in the Alberta real estate market.

Jared even shares the moment where he almost lost it all to bankruptcy, having to rely on a stranger to pay for his family’s grocery bill.

Listeners, especially those in Ontario and BC, we’ve been on a very good run since 2008. There will be a downturn and Jared is here to share lessons on where he went wrong in the early days building a massive portfolio, what he would do different to insulate himself from six figure cash calls, and what experts to listen to… I have five pages of notes and know I would have 10X that if I were listening and not interviewing.

Enough from me, I give you Jared Hope.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/UYt8N0wXqlg
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

How to Connect with Jared:

We’re already discussing to have Jared as our May speaker at iWIN. Stay tuned!

Web: https://www.tiltgroup.ca/
Facebook: https://www.facebook.com/pg/tiltgroup
Twitter: @thejaredhope and @tiltproperties

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/02/Jared-Hope.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-02-19 17:41:152019-02-19 17:41:17How To Build a Portfolio of Over 200 Properties and Lessons Learned Surviving An Economic Downturn with Jared Hope

How to Lose Weight, Gain Muscle, Be a Beast with My Crossfit Coach Daniel Thiessen

February 11, 2019/0 Comments/in podcast/by Erwin Szeto

I bought a house two weeks ago and inspected it last week. From the pictures and description of the house, I estimated $100,000 to get the house rent-ready. Sadly, my renovation estimate was accurate at just under $100k. I’ll allow myself a pat on the back for sadly being right about a lot of money going out the door. I bought it without conditions too, which I do not recommend. Please don’t do what I do. You’ll hear in a future podcast episode how Cherry, my wife, is not too pleased that we didn’t have an inspection condition and I didn’t even see the house!

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Bought another ugly 🏚house. I don’t always just 🏋️‍♂️Crossfit and 🥋Brazilian Jiu Jitsu, some times I actually invest for 🏖retirement and the 🏛kids’ education. This one will make a terrific furnished rental being so close to a 🏛university, a 🏩hospital with no area 🏨hotels, where jobs won’t be lost to automation or outsourced overseas. . I’ve been told I’m a risky investor by everyday people, non investors. The truth is I abhor risk hence I’m 👨‍🎓always 👨‍💻learning, 🤝networking, making relationships with the best of the best so my investment and future is taken care of💆‍♂️ . And oh yeah. We found a mouse in the fuse box. What a ⚡️shocking ⚡️discovery

A post shared by Erwin Szeto (@erwinszeto) on Jan 22, 2019 at 12:51pm PST

With the location being so close to a hospital and university, I’ll see what my options for a furnished executive style rental are, as I’d like to avoid future by-law issues with AirBnb and student rentals.

This deal wouldn’t have been possible without my fellow investor friends who all happened to have been on this podcast: Aaron Moore, Susan White, and Ryan Carr. They each inspire me of what’s possible. Aaron provided me the most tactical advice and answered my panicked phone calls. Susan too.

This is the ugliest house I’ve bought in a while, but what I’ve learned is the uglier the house, often the better the deal is. And it’s great to have friends you can call in a panic.

Speaking of real estate friends, you can meet them too at the next Infinity Wealth Investment Network (or iWIN for short) on February 28th. We have confirmed our location at The Vue where the Royal Woodbine Golf and Country Club hosts events. If you’ve ever been to a wedding at a nice golf course, that’s what this place looks like, and it’s located just east of Pearson Airport.  

Our speakers are best selling author, and former Vice President of the Real Estate Investment Network, and founder of the Raising Capital Academy, Russell Westcott, where he is doing something completely different.  Investors are invited to submit videos for Russell and I to review and choose from. Then on Feb 28th, Russell will coach this lucky individual LIVE. Russell is the Joint Venture Jedi, so let’s put his teaching skills to the test!

People rave about Denise and Stuart’s presentation on RRSP investing and they are here all the way from the Nation’s capital in Ottawa to share.

Plus interest rate and financing update from Butler Mortgages, and rent and resale price updates from the League of Extraordinary Real Estate Professionals.

Tickets are available at www.infinitywealth.ca, we sold over 100 tickets in a week and just released another 50 now that we have our venue locked down, so please don’t wait and buy your tickets today. Our last waitlist was 71 people….

How to Lose Weight, Gain Muscle, Be a Beast with My Crossfit Coach Daniel Thiessen

On to this week’s guest who is NOT a real estate investor but a remarkable human being nonetheless. Not all lessons are learned in the world of investing, and my conversation with Dan Thiessen, owner of RAdix Performance Centre in Oakville, Ontario, my Crossfit gym, has parallels to the business/investing world.

You want to be elite? The path is quite similar in athletics when compared to investing, and Dan is an elite athlete. He’s grown up playing sports at the triple A level, he’s competed at the provincial and national level in different sports, fast forward to today, he can handstand walk for 100 feet and lift a 280 lbs barbell from the floor to over his head in one movement.   

In this episode, Dan has advice for how to get started and many best practices to maintain health, fitness and performance. The perfect thing to listen to right now if you’re suffering from the winter blahs and need motivation.

Personally, I’m near the best shape of my life. The best was a few months ago before my November holidays, but I can still beat up any previous version of myself.  

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/kyjlz8tGpOk
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Dan:

Web: https://radixperformance.com/
Instagram: https://www.instagram.com/radixgym

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/02/Daniel-Thiessen.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-02-11 19:57:262019-02-11 19:57:28How to Lose Weight, Gain Muscle, Be a Beast with My Crossfit Coach Daniel Thiessen

Buying Ugly Commercial Buildings, a Combined 300,000 Square Feet, Renovating on Speculation and Changing Hamilton with Steve Kulakowsky

February 4, 2019/0 Comments/in podcast/by Erwin Szeto

I separated my rib just three weeks ago at a Brazilian Jiu Jitsu tournament and this past Friday I was back golfing indoors, taking full swings.  My core strength is not as good as it used to be but it felt good being able to swing as hard as I wanted pain free. I’m also back doing gymnastic movements at Crossfit pain free. The only time I now feel the injury is when doing burpees when my sore rib touches the floor but it’s barely noticeable.

My point is, I’ve had enough people call me insane for fighting other adults and ending up hurt, but what’s the worse thing that could happen? I lost and lost badly yes, I got hurt, but I’m OK.

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Shooting zombies. We pwned them. I personally didn’t die and I think that’s the most important metric lol. Top team score out of 37. Experience was awesome and can’t wait to do it again. I’d recommend doing booking for two games as it goes by fast.

A post shared by Erwin Szeto (@erwinszeto) on Jan 25, 2019 at 3:29pm PST

So the worst case happened, time goes on, and I’m fine and getting ready for my next competitions. 🙂 Am I insane? I know I’m definitely different, and back to investing, what is the worst case investing in real estate? If you do just a little education, get a little good advice, buy a good property in a top ten town, you’re going to be fine. Worst case, you learn from your mistakes on the next one.

Or if you like giving 110% like I do to ensure more predictable results, hire a great coach and surround yourself with successful investors. If you’re looking for a place to meet successful investors, then come to the next Infinity Wealth Investment Network (iWIN for short) meeting where I’ve assembled a large number of the most successful investors I know. Many have been on this podcast and are killing it.  The super cool part is the investor community I know enjoys giving back so if you’re newer, that’s totally cool. You are more than welcome. Go to www.infinitywealth.ca  for more information.

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Hosted 🏠150 investors at our first Infinity Wealth Investment Network meeting. 🙏Thank everyone for the kind words and all those who signed up. You are getting in on the 🏗ground floor of something special and we take your trust in us very seriously. We are the change we want to see in the 🌎world, we are here to help, deliver value and experiences never seen before. . We just gained our first member of the Council of Awesomeness to ensure our members receive the most value, fun, experiences, and gain the 🔨🔧tools to build 💰wealth. . 🍻Cheers to all the action takers. Together, we rewrite our histories as it takes a village to raise a 🙌successful real estate business owner and investor. I am proof of how a network of 🥅goal oriented, sharing individuals can be successful and so can you!

A post shared by Erwin Szeto (@erwinszeto) on Jan 24, 2019 at 2:48pm PST

That brings us to this week’s guest, Steve Kulakowsky.  He’s one of our few returning guests and if you don’t know him, that’s OK.  He’s pretty much the youngest and hottest developer in Hamilton with numerous massive, mid rise, commercial real estate. He owns retail and office space with a little residential. Steve buys them ugly and renovates them into beautiful, interesting rental spaces. Check out their instagram, it’s commercial real estate porn https://www.instagram.com/coreurbaninc/ including nine of the hottest restaurants in Hamilton.

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August 31, 2016, we began welcoming our first residential tenants to Templar Flats. Two years has flown by! Our tenants bring our spaces to life, and we are thrilled they have chosen to call the Flats their home. #hamont

A post shared by Core Urban Inc. (@coreurbaninc) on Aug 31, 2018 at 8:18am PDT

Buying Ugly Commercial Buildings, a Combined 300,000 Square Feet, Renovating on Speculation and Changing Hamilton with Steve Kulakowsky

Before our interview, I invited Steve to lunch at a fabulous restaurant on King William St, and they just so happen to be one of Steve’s tenants. I also invited Luke Wywrot, who is building a 30 storey apartment building around the corner, as Luke and Steve have never met before. Luke will be by the show when’s he’s less busy. We had an awesome lunch, I was the old guy among the three of us. Lots of ideas were shared on advanced real estate topics, and that’s what cool about so many investors I know. Many are open to sharing how-to.

Just like this episode, Steve shares what motivates him, tips and strategies to attract commercial tenants, a Field of Dreams strategy in a market with double digit commercial vacancy and low rents, going from residential to commercial, and on and on. Hopefully we can get Steve to give a talk at the April iWIN Meeting.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Steve:

Instagram: https://www.instagram.com/coreurbaninc/
Website: http://www.coreurban.ca/

If you’d like an introduction to Steve and you’re a friend, please let me know.

If you need a friend defined please read How To Win Friends and Influence People by Dale Carnegi

If you enjoyed the show and would like to learn more about investing in real estate, then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/01/Steve-K.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-02-04 22:28:262019-02-07 02:54:54Buying Ugly Commercial Buildings, a Combined 300,000 Square Feet, Renovating on Speculation and Changing Hamilton with Steve Kulakowsky

Student Rental vs Shared Mature Adults Rental. Which has more cash flow? Which has less headaches? Which removed all the drywall for the landlord with baseball bats? w/ Anna Moore

January 28, 2019/0 Comments/in podcast/by Erwin Szeto

On Wednesday we hosted 🏠150 investors at our first Infinity Wealth Investment Network meeting. The biggest and best event I’ve yet to host with even bigger and better events to come. 🙏Thanks to everyone for sharing their kind words and all those who signed up for the iWIN membership. You are getting in on the ground floor of something special and we take your trust in us very seriously. We are the change we want to see in the 🌎world, we are here to help and deliver value and experiences never seen before.

Thank you to Charles Wah, Andy Tran, and Steve Ford for sharing their how to’s on small real estate developments, the ideal development investment for beginners. Thank you to Mike Iuliano for sharing his view of the stock markets, how he’s taking that information and applying to his portfolio. And, finally, thanks to my lovely wife and real estate Accountant, Cherry Chan, who is my partner in building Infinity Wealth. Thank you for sharing the taxation challenges of AirBnb’s and short-term rentals. If you have a short term rental, make sure you understand the taxation requirements both in operating and when selling the property.

If you missed it, that’s OK, the recordings are available for members. If you want to know more about the Infinity Wealth Investment Network, come check us out! You can register for the event at infinitywealth.ca. Our keynote speaker is none other than best selling author, master of raising capital (and has done so to acquire over 100+ properties), Russell Westcott, aka the JV Jedi.

Susan White Livermore, multi-millionaire mom, will also be in the house to share how she continues to get mortgages, event with her portfolio of 35+ properties.  It’s not pretty, but the bank makes the rules and they lend us hundreds of thousands, so it’s worth it.

The networking of course will be excellent, we had many folks stay over 1 hour after the event to chat. The restaurant for the post-meeting meeting had to give the rest of us the boot, and I took away massive value from the after-meeting meeting.  

I have been asked many times what is that one thing that is responsible for my success. There honestly is no one thing. I believe the path to success is inch by inch and not by miles. But if you’re always willing to learn, seek out mentors, like the guests on my podcast and the attendees of my events (as they are sharing golden nuggets all the time), then it’s up to you to apply them.

🍻Cheers to all the new iWIN member action takers. Together, we rewrite our histories as it takes a village to raise a 🙌 successful real estate business owner and investor. I am proof of how a network of goal oriented, sharing individuals can be successful and so can you!

Student Rental vs Shared Mature Adults Rental with Anna Moore

I first met Anna after seeing a piece by CTV Barrie on how an area student landlord was switching gears and renting to seniors instead (link below). Anna has been in the student rental business for 25 years. After the straw that broke the camel’s back, another abused rental property by the student tenants and thousands of repairs and clean up bills, she switched gears in renting to seniors.

As a student rental investor myself, I immediately reached out to AMR Property Management to speak to owner Anna Moore and here is our recorded discussion.

Anna is a veteran business owner with a successful printing company, she currently manages 200 doors (many are her own investments), and she vacations much of the winter in the Bahamas and Europe in the summer.

Yet another lifestyle success story for you listeners, as it’s not about the investment, it’s about what our investments afford us in lifestyles, and Anna is living the dream. Plus her business is ever improving as she goes from 5 senior rentals to offering as many as 50 this spring.

Without further ado, I give you Anna Moore of AMR Property Management

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/0Q8Z-UKOcbY
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

Link to CTV coverage of Anna: Company turning student homes into shared housing for seniors

Website: www.amrpropertymanagement.com

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/01/Anna-Moore-1.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-01-28 21:39:132019-02-01 04:47:48Student Rental vs Shared Mature Adults Rental. Which has more cash flow? Which has less headaches? Which removed all the drywall for the landlord with baseball bats? w/ Anna Moore

Little Known Strategies for a Perfect Morning, Perfect Day, Perfect Week for a Perfect Life with Craig Ballantyne

January 17, 2019/1 Comment/in podcast/by Erwin Szeto

Hello Investor!!

How goes those new year’s resolutions? I personally do not make resolutions as my goals are being revised a couple times per year as priorities change and my goals for 2019 were set this past November.  If you don’t have goals… well my mentor Brian Tracy says “Goals are everything, everything else is commentary.”

One of my 2019 goals was to compete in one of my first Brazilian Jiu Jitsu tournaments on Jan 5th.  The decision was made to compete only 3.5 weeks in advance which was great – less time to stress about the competition.  I changed my schedule with my wife’s support and this definitely one of the hardest things I’ve ever done.

Preparing to fight other men is nerve wracking. I have to eat properly during the holidays, I had a total of three glasses of wine in December, made the time to train and, lucky me, I caught a cold a week before the event and couldn’t practice.

The day of the event, I lost my first match quite badly. I haven’t had the strength to watch the recording 🎥but I will eventually to show my coaches so they can tell me where I went wrong so I can learn from my mistakes. I was also injured in the process, my rib separated, so that was painful and I was scared but the quick turnaround between my early matches allowed my adrenaline 💉 to keep me in the fight.

This video is of my second and final match of the day. I forfeited the rest due to injury. I sped up the boring parts and my embarrassingly bad pulling of guard.

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Definitely one of the hardest things I’ve ever done. My first 🇧🇷Brazilian Jiu Jitsu tournament 🤼‍♂️. Preparing to fight other grown men is nerve wracking. I have to eat🍽🍴🥗 properly during the holidays, make time to train 🏋️‍♀️, I caught a 🥶😷 cold a week out so couldn’t practice. . 🤦‍♂️I lost my first match quite badly, I haven’t had the strength to watch the recording 🎥but I will eventually to show my coaches where I went wrong to learn from my ❌ mistakes ❌. I was also injured in the process so that stings but the quick turnaround between my early matches allowed my adrenaline 💉 to keep me in the fight. . 📽This video is of my second and final match of the day. I forfeited the rest due to injury. I sped up the boring parts and my embarrassingly bad pulling of guard 🤣 . 🤙What am I doing? I am pushing my limits. Entrepreneurs look to push themselves in areas outside of just business. I got steamrolled in my first match, I had a rough day and that is much worse than anything I’ll face at work this week or this month. As I tell my team, #nopressurenodiamonds 💎 . 🙏I want to thank my team mates and trainers and coaches 🦜 for getting me to through this event. This won’t be my last competition and look forward to healing and fixing the holes in my game. #nevergiveup

A post shared by Erwin Szeto (@erwinszeto) on Jan 7, 2019 at 5:30am PST

Am I insane for doing this? Well my coach is doing a half iron man and  my old friend Quentin Desousa lost over 100 lbs in 2018 and is running a half marathon this year. One of my Jiu Jitsu coaches at the age of 46 is competing at the world championships in Las Vegas again this year.  

Successful people push their limits in areas outside of just business. I got steamrolled in my first match, I got hurt and submitted, but fought my next match 15 mins later.  It was a rough day and in business, shit happens just the same. Just know you can overcome your challenges, it’s been done before and there is no reason you can not do the same. As I tell my team and clients, no pressure no diamonds 💎.

I want to thank my teammates and trainers and coaches for getting me to through this event. This won’t be my last competition and look forward to healing and fixing the holes in my game. You only truly lose if you give up and I hate losing more than I like winning.

Speaking of successful people, at the time of this posting, I have over 150 of the most successful real estate investors from our community RSVP to my networking event.  The event takes place on January 23rd, which sold out in less than 80hours, and the waitlist now stands at 44. This is the biggest room of successful investors I’ve ever put together, so if you have big plans for 2019, you will want to be at the next meeting.

Our keynote speakers on Jan 23rd are currently building two houses from the ground up on a lot they already own via another investment property and had this lot severed. In simple terms, the land was free, so the returns are quite significant, especially the cash flow once the basements are legally suited.

Two houses >> four units, brand new.

This is an ideal strategy for investors new to developing and building, and we are very lucky to have Charles Wah, Steve Ford, and Andy Tran to share how they are doing it.

From Jason Gaignard, only 3% of the population are entrepreneurs, only 4% of those entrepreneurs have 7 figure businesses. They are rare. I’m one of the many that will be there Jan 23rd in Mississauga, Ontario. To get on the wait-list, please visit www.infinitywealth.ca/join 

You can also register for our next Street Smart Tour of Kitchener-Waterloo on January 26th, 2019 by Clicking Here!

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Craig Ballantyne is the first influencer I followed back in early 2000’s before influencer was a term to describe someone with a significant following.

I knew Craig from his highly successful online fitness training program. Craig’s clients would sign up online to learn how to exercise and diet to lose weight and live a healthier lifestyle. Craig also taught his business and marketing methods and produced many other successful online fitness entrepreneurs. He is the real deal.

Fast forward to 2019 and Craig is still crushing it. Two personal friends of mine are enjoying his personal coaching and I’m enjoying Craig’s Perfect Day Formula as seen below. Here’s the link if you want to check it out: https://perfectdayformula.com/

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I interviewed the OG @realcraigballantyne for the podcast about the formula to a perfect morning, perfect day and perfect week so I’m crazy amped to dig into the Perfect Day Formula kit. Just look at all this stuff! Day planner, gratitude journal, work life balance assessment booklet, goal setting booklet. Holy crap this kit is complete!! . Productivity #10X is on its way!!! . 🙏🙏🙏 Craig!! @realcraigballantyne . Look out 2019, you’ve been warned, prepare for crushnihilation!! . #perfectday #perfectdayformula

A post shared by Erwin Szeto (@erwinszeto) on Jan 3, 2019 at 1:44pm PST

Craig is the author of the Perfect Day Formula and his brand new book “Unstoppable”. He’s been viewed on YouTube over 7 million times. Craig is one of the original gangsters, an OG of online direct marketing, and you can tell he’s been successful and around a long time when you read all the folks who wrote forewords for “Perfect Day Formula” – pretty much the who’s who of the entrepreneurship and marketing educators.

He’s also a podcaster at www.earlytorise.com

I ask Craig how to create a perfect morning, perfect day, perfect week, and perfect life. I think that’s something we all want.

I thought it was also pretty cool how we discussed Craig’s biggest fear of regret and what he’s doing to make sure his regret does not become reality.

Craig also shares how he built and organic following of almost 33,000 on Instagram with video.

This is an early favourite episode of mine for 2019.

Check him out on Instagram here: https://www.instagram.com/realcraigballantyne/

And seriously, you can email Craig at Craig(at)Godfather.com LOL!!

Without further ado….

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/_LFnccJe1YM
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/01/Craig.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-01-17 22:02:332019-02-01 04:49:26Little Known Strategies for a Perfect Morning, Perfect Day, Perfect Week for a Perfect Life with Craig Ballantyne

Giving Cancer The Finger, Getting Screwed and Buying 10+ Investment Properties Anyways w. Tom Sullivan

January 10, 2019/0 Comments/in podcast/by Erwin Szeto

Happy New Year my fellow investors!!

I hope you enjoyed the holidays and are ramping up for an epic 2019!!

I had my mastermind session with the WuMASTERS just before Christmas, an overnight affair with a bunch of ballers who all have big plans for 2019, 2025, 2040.

The amazing part is some of my mastermind members already have 80-90% of what I want, which is why I’m so lucky to be a part of this group.

Just have a look at the lovely log cabin we stayed at on the river is just on the edge of Cambridge. One of my goals in life is to live part of the year in what many would consider a vacation property, so friends and family can come visit whenever they want, stay a weekend or a week or two. I’ll work mornings only and come noon, I join my guests for lunch and take the rest of the day off. This property fits my vision and how cool is it we all got to enjoy it together.

View this post on Instagram

Xmas Mastermind session complete. Our location was the amazing @blackbridgecabin. Simply gorgeous, thank you to the hostess with the mostess @tashamonaghan71. We shared each shared our updates, goals for next year and year 5, 10, 20. Expect big things from this group for years to come. Most of them will be at my networking event Jan 23rd. DM me for details.

A post shared by Erwin Szeto (@erwinszeto) on Dec 21, 2018 at 9:31am PST

2018 has been an amazing year for me and my family. Not business wise, as the government was successful in slowing down the market and, in turn, my business for the first half of 2018. Thanks to my investment portfolio, I can weather the storm between lines of credit and cash flow.

Real estate is not all sunshine and lollipops but keep in mind, the average investment property has its mortgage paid off around $500 per month by the tenant. If you have just five investment properties that’s $2,500 per month or 28,000 per year. How many people do you know are putting away 28,000 per year for retirement or for kid’s education fund?

I did a double take just last week to see my University program has increased its tuition to 28,000 per year!!! Up 155% from what I paid, or a compound growth rate of 5.4% per year. Is anyone earning 5.4% more each year over year in their job??

Quick event announcement, my networking group is getting together the evening of Jan 23rd at our new location near Pearson Airport!

You are the average of the five people you spend the most time with and, lucky for us, my mastermind group will be in attendance plus many other of the most successful real estate entrepreneurs I know. Such as Rob Break of the Break-Through Podcast, Brian of Pulis Investments who owns hundreds of doors in apartment building investing, plus several other award winning investors, flippers, wholesalers, AirBnb pros, etc….  My commitment to you the attendee is to assemble Ontario’s best, tightly knit networking group of real estate investors. I have some networking exercises planned so you all can get to know one another better.

Seating is limited, so register as soon as you receive the invite.  To get on the invite list go to https://www.truthaboutrealestateinvesting.ca/meeting/

I’ll be sharing the business framework I created for investing in real estate that decides for me if now is the time to invest.

We have keynote speakers Andy Tran and Charles Wah to share how they created “free land” to build four units from the ground up and how we investors may be sitting on tens of thousands of “free,” unlocked equity in your existing portfolio, or how to seek out similar properties.

Again, to get on the invite list: https://www.truthaboutrealestateinvesting.ca/meeting/

Giving Cancer The Finger, Getting Screwed, and Buying 10+ Investment Properties Anyways w. Tom Sullivan

On to this week’s guest, Tom Sullivan. He is a Cancer survivor, and when he learned of his Cancer it served as a reminder of how short and precious life is. He went on a tear to acquire over 10 investment properties and earned him the Real Estate Investment Network’s award for Rookie of the Year in 2015.

Tom is a smart guy holding his Masters in Business and Chartered Professional Accountant designation, investing in the Durham Regions and places east of Toronto. He’s also one of the nicest, most sharing people you’ll ever meet, which is why it’s awful how another investor did not live up to their contractual, joint venture obligations when the partner profited so massively above projections from the deal.

As always, this is the Truth About Real Estate Investing show, so we bring you real stories, including those of headaches and financial losses so you may learn how to avoid similar mistakes.

As the saying goes, a fool learns from their own mistakes, a smart person learns from someone else’s mistakes.

Do have your note taking implements handy, as Tom is full of great tips and, thanks to him, I just loaded up with tons of extended warranties.  Without further ado, I give you, Tom Sullivan.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/zpX2WwpzShM
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow up with Tom:

On LinkedIn: https://www.linkedin.com/in/tom-sullivan-mba-cma-cpa-471604/

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/01/Tom-Sullivan.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-01-10 17:26:312019-02-01 04:46:50Giving Cancer The Finger, Getting Screwed and Buying 10+ Investment Properties Anyways w. Tom Sullivan

Preview of What To Expect Jan 23rd with Andy Tran and Charles Wah

January 8, 2019/0 Comments/in podcast/by Erwin Szeto

Our keynote speakers Andy Tran, Charles Wah and Construction Manager, Steve Ford, are currently building two houses from the ground up on a lot they already own and had severed. Basically, they got it for free so the returns are quite significant when you have next to zero land acquisition costs, especially the cash flow once the basements are legally suited. Andy Tran knows a thing or two about that too. Two houses >> four units, brand new.

This is an ideal strategy for investors new to developing and we are very lucky to have Charles Wah and Andy Tran to share how they are doing it.

To get on the invite list: https://www.truthaboutrealestateinvesting.ca/meeting

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/AEO4ng-tHJ4
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2019/01/Andy-and-Charles.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2019-01-08 21:03:502019-02-01 04:42:12Preview of What To Expect Jan 23rd with Andy Tran and Charles Wah

Wholesaling, Flipping, Investing in the GTA with Aaron Moore

December 21, 2018/0 Comments/in podcast/by Erwin Szeto

Hello investors!!

What a great time it is to be alive!! One of the secrets of happiness is the practice gratitude, and I do this a couple times a week in my journal.  One of the secrets of motivation is to have a purpose beyond just you.

I bring this up today because I received a rather nasty email from someone I know.  He challenged the purpose of why I post what I do, saying it’s for self affirmation, states my humility is false, and is making assumptions about me.

As someone who has done a lot of self introspection and studied human psychology, I have learnt a few things. Among them is that we are all human, we are all flawed, there is no such thing as normal. I am no different, I knowingly admit I am crazy in many ways. Just this morning I signed up for a martial arts tournament to fight other men. I am scared, scared of losing, scared of being embarrassed. I have been choked unconscious before in competition in front of my teammates and coaches. I am crazy. I do chase excitement. I am not normal.

Many things we all do is about our nature. We as humans enjoy challenges, we’re territorial, we have egos, we all seek approval and want to be loved. So no judgement here if anyone wants to publicly share their wins and successes, I personally welcome it. By witnessing others’ successes, that motivates me to be successful with you. If you remember the story about the 4 minute mile, a running race to complete a mile, 1600m, in under 4 minutes was first done by Roger Bannister in 1954.  How long have humans been racing for? FYI, the first Olympics was in the 600’s BC. Two months after Roger Bannister’s record feat, he did it again, a sub-four-minute, along with Australian John Landy. Once John Landy knew it was possible to run sub-four, he believed in himself and made it reality.

This is the same reason I’ll continue to share my journey to freedom 45. My success was not overnight nor without sacrifice.  I have more grey hair than my dad and scars on my face from Shingles, exactly seven years ago due to stress. I want to be a living case study of what is possible and the rewards that come, so you the listener or friend or client (not mutually exclusive) may believe in yourself to do the same.

For the same reason I belong to a mastermind with Michelle Gauthier, Susan White, Ryan Carr, Aaron Moore – our guest this week, Luke Wywrot, Tasha Monaghan and Sarah Coupland to hear others’ successes to motivate me and to them the same.

If anyone is interested, I’ll share more about what drives me in hopes YOU may be more motivated to make 2019 your best.  Because to answer my hater, I’m not at peace with myself at 3am, my mind gets on a hamster wheel when I wake up in the middle of the night how I can do more, be more. That is who I am and how I arrived to where I am today and take me to places including a multi million dollar charitable foundation for my charity the Hamilton Basket Brigade to ensure hundreds of families will receive the best Easter, Thanksgiving and Christmas ever for decades long after I’m gone.

If people want to hate me for chasing my goals then go ahead. Because a good life for my kids, grandkids and giving underprivileged families their best Christmas ever means a hell of a lot more to me than one person’s feelings.

If you’d like to spend more time with fellow world changers and investors, save the date for  my networking meeting Wednesday evening on January 23rd. We are still working on a venue, but to get on the invite list go to www.truthaboutrealestateinvesting.ca/meeting and register to get on the invite list.  

Our guest speakers Charles Wah and Andy Tran will be sharing the how-tos on small in-fill real estate developments, as they are building two houses from scratch that will each be a duplex. This is the ideal starter development investment for folks, as the land came included with the initial investment that already cash flows, thus reducing the risks. Most of my mastermind will be in attendance as well in case you want to meet someone who’s transacted on 70 properties or buys 12-24 properties per year or is building a 30 storey condo building or owns/manages over 200 apartment doors and of course, this week’s guest, Aaron Moore.

Again that’s www.truthaboutrealestateinvesting.ca/meeting to get on the invite list.

Wholesaling, Flipping, Investing in the GTA with Aaron Moore

Americans call him the “Canadian Investor” as Aaron embodies the Canadian stereotypes as he both helps and invests.  Aaron is a past winner of REIN’s Leslie Cuff Player of the Year award, that’s the big award only given to investor each year.  He’s won renovator of the year as well.

Aaron left his corporate job in the early 2000’s to make investing a full time gig.  He’s also one of the best I’ve seen at incorporating online, paid traffic strategies to source off market properties and he’s been a big help in me getting started as well.

I give you Aaron Moore.

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/anGVvLu5QH4
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Aaron:

Web: https://www.housedealsgta.ca/
Linkedin: https://www.linkedin.com/in/aaronmoore1

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2018/12/Aaron-Moore.jpg 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2018-12-21 16:16:582019-01-23 02:35:50Wholesaling, Flipping, Investing in the GTA with Aaron Moore

The DOW plunged 800 points last Tuesday. How to Invest Like Mike?

December 12, 2018/0 Comments/in podcast/by Erwin Szeto

The DOW plunged 800 points the other day so I asked Invest Like Mike‘s Mike Iuliano what’s going on in the markets, how he’s investing (since he consistently beats the markets) and how it relates to real estate.

I hope you enjoy! If you do, please like and share so I know you want to hear more of these interviews with Mike!

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
On Youtube: https://youtu.be/bFzEcYhtZMs
Download as an MP3 by right clicking here and choosing “save as”
Subscribe on Android

To follow Mike, his group on Facebook is here:

https://www.facebook.com/groups/InvestLikeMike

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2018/12/Mike-Iuliano.png 630 1200 Erwin Szeto https://www.truthaboutrealestateinvesting.ca/wp-content/uploads/2017/06/TruthRectangleLogo.png Erwin Szeto2018-12-12 15:34:442018-12-23 08:11:27The DOW plunged 800 points last Tuesday. How to Invest Like Mike?
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