As the year winds down, it’s been challenging for many, especially those who over-leveraged, those who gambled on the market going up forever, growing too fast, too soon, spread too thin, poor systems, and poor oversight.
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We see this everywhere in different industries, too: growth stocks, cryptos, and so on.
Sam Bankman-Fried of FTX has been arrested.
The S. Korean gentleman responsible for the Luna coin is hiding in Serbia; Elizabeth Holmes of Theranos has been sentenced to jail.
Please be careful out there.
When I took courses in Commercial Banking, I realized banks don’t get rich by making bad loans, nor do they under lend.
For example, if a business needs a one million dollar loan to survive, the bank does not end $500,000 to reduce its risk and watch the business fail and lose its loan.
They lend the whole amount or not at all.
In these challenging times, we’re seeing even more coaching programs being offered and more capital-raising offerings, AND I’m hearing lots of rumours of failing portfolios.
Lots of red flags out there, so do your due diligence and be careful.
I feel these times are the time to be greedy AND picky.
For Cherry and I, that means we’ll buy another property in the near future as that fits our goals for growth and control.
In my extensive experience, the best investment is one that’s well researched, supported by the best power team in the business, and based on economic fundamentals that one controls, as I trust ourselves over anyone else.
I want to take a moment to thank everyone who’s supported Cherry and me…
From sharing our YouTube and podcasts with those you care about to our staff who work so hard so our clients are taken care of to our clients who trust us in guiding them in their journey towards financial peace and sending us referrals.
Thanks to you, our registered charity, the Hamilton Basket Brigade, was able to donate $10,000 worth of winter wear to the school kids of Hamilton, Ontario.
As is our way, Cherry and I love value and efficiency; hence we purchased directly from a manufacturer wholesaler and received a 20% discount since we’re a charity.
The winter coats we bought were about $45 each, and the winter boots were about $40 for brand new with tags; quality stuff.
In total, we provided four schools with 142 winter jackets, 20 winter boots, 160 hats, and 50 pairs of gloves as the need is great.
My friend Nancy, a school administrator, told me they receive a couple of refugee families per week from Ukraine, Syria, and Afghanistan.
Some kids do not even have a fixed address and do not live with their parents. It’s incredibly sad out there, and I encourage everyone to give however they can.
And to all you investors out there and those who haven’t started, the need to invest has never been greater…
Health care is on the decline, senior care is on the decline, rents have skyrocketed, and the demand/supply mismatch for real estate has never been worse.
We all have a problem to solve to ensure our family’s financial well-being, and my team and I at iWIN Real Estate are here to help.
If you’re not already on my email list and receiving invites to our webinars, meetups, property tours, and mastermind lunches… well, that’s just silly.
On my website is my free book, “The Canadian Real Estate Investment Playbook,” and you can sign up for my free newsletter along with 10,000+ other hard-working Canadians learning the latest truths about real estate investing.
Simply add your name and email address on the right side of https://www.truthaboutrealestateinvesting.ca/.
In 2023, I plan to double the amount of educational content we produce, as we love to help.
We will start hosting meetups and tours East of the GTA as well as we’ve expanded thanks to coach Stephen Phillips of HGTV fame, who joined the team in 2022.
2023 will be an amazing year for many AND a terrible year for those who invested wrong.
My forecast is for our clients to kill it as they always have since 2010, thanks to our repeatable systems and best-in-class power teams, and that’s the truth about real estate investing.
Hopefully, you will join us or send someone you care about :).
Millennial, Personal Trainer, Moving To Edmonton and Full-Time Real Estate Investing With Vince Lee
This week is a lovely story about a young Millennial who started his journey in his passion: health and fitness.
If you’ve seen Vince Lee in person, he’s jacked and looks like a personal fitness trainer. Unfortunately, it’s hard for personal trainers living in Toronto to get by.
Thanks to his supportive partner, shout out Chewy and the Trust Your Talent community, shout out Tim Tsai, Vince has been able to create a side hustle in real estate investing, specifically rent-to-owns, scaling to larger and more projects. He’s also moved the family from expensive Toronto to more affordable Edmonton, Alberta.
Vince’s story is a good one and reminds me of why I invest so hard, so I can afford to keep my kids close and living in Ontario.
Congrats on Vince’s success.
Please enjoy the show!
This episode is brought to you by me! We don’t have sponsors for this show. I only share with you services owned by my wife Cherry and me. Real estate investing is a staple in my life and allowed me to build wealth and, more importantly, achieve financial peace about the future, knowing our retirement is taken care of and my kids will be able to afford a home when they grow up. If you, too, are interested in my systematic strategy to implement the #1 investment strategy, the same one pretty much all my guests are doing themselves, then go visit www.infinitywealth.ca/events and register for our next FREE Online Training Class. We will be back in person once legally allowed to do so, but for now, we are 100% virtual.
No need for you to reinvent the wheel; we have our system down pat. Again that’s www.infinitywealth.ca/events and register for the FREE Online Training Class.
This episode is also brought to you by www.stockhackeracademy.ca, where everyday real estate investors learn the best practices in stock investing to earn cash flow in about 15-30 mins per day from their mobile phones. After real estate, Stock Hacking is the next best hustle, as you’ve heard from many past guests on this show. Among our students last year, 31 trades were shared with them. 30 were profitable for an over 96% success rate and 12% return on capital. I will be giving free demonstrations online, very similar to the one I gave my kid cousin, a full-time musician who just made a 50% return in 2021. Past, of course, does not predict the future, but if you’d like a free demonstration, go to www.stockhackeracademy.ca in the top right and click FREE Demo. At the demonstration, I’ll have special bonuses. We do not advertise publicly for all my favourite listeners, and I only have two more demos to give in the next few weeks.
Don’t delay www.stockhackeracademy.ca, what I consider the future of side hustles with real estate so unaffordable for many.
To Follow Vince:
HELP US OUT!
BEFzORE YOU GO…
If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.
It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.
If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success.
New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.
We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best. In 2018, we again won the same award by the Real Estate Investment Network.
Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment. Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you.
I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics. The intersection of the two, talent and ethics is limited to a handful in each city or town.
Only work with the best is what my father always taught me. If you’re interested, drop us an email at firstname.lastname@example.org.
I hope to meet you at one of our meetups soon.
Again that’s email@example.com
Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year.
Just imagine what winning in real estate could do for you.
If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at firstname.lastname@example.org.
Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.
Till next time, just do it because I believe in you.
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.