Hello and welcome to Truth About Real Estate Investing Show for Canadians. These are definitely interesting times to be a part of. My name is Erwin Szeto, 4 time Realtor of the Year to Investors and today’s guest, I would consider as one of the top real estate investing coaches in the country and what she’s coaching her clients to do will shock many. Cash flow is harder to come by than every so Elizabeth’s clients are going out of the box and even contrary to what many gurus are saying on social media. But before we get to Elizabeth…
I ran into some old friends of mine from the Real Estate Investment Network I hadn’t see in years at a developer’s “Insights & Perspectives” events. We both invest passively into this developer called Greybrook, the same folks presenting at my upcoming iWIN Meeting, online on September 19th. The presentation by the CEO was full of charts and graphs on population growth, GDP not so much growth, real estate prices of other major centres in the world Canada and North America.
It definitely gave a lot of perspective on where the golden horseshoe is in a more holistic, global perspective from someone with a lot of money at risk.
Sasha the CEO even gave his perspective on the Greenbelt’s land swap scandal and it was fascinating. The plan is to have Sasha on this show in the near future so I won’t spoil it for you but if you’re attending our iWIN MasterMind Tour in the Niagara Region on Sept 23th, you can ask me then or at lunch. I will spoil this though, we’re touring a super cool conversion project: a 2,300 sq foot, single family house has been converted into a three family home all under one roof and same four walls as in no addition.
If you enjoy learning about real estate and making great investments as much as I do then you don’t want to miss it. We’re already 80% sold out so please don’t delay. These events always sell out, the tour starts at 10am so plenty of time to get your beauty sleep. I’ll be there, my team will be there. In a world where money makes the world go around, inflation eats away at our savings, incomes are stagnant: investing in hard assets that cash flow are a must. Come tour an actual income property owned by our client who’s an award winning investor with 20+ properties.
It’s one of the greatest lessons I’ve received in life. Well, two lessons. 1. Learn from people who have what you want. 2. Trust but verify, verify for yourself when your own eyes, see real estate, touch it, inspect it before making the decision to invest. Such is the beauty of investing in hard, real estate assets.
Invites to register went out on my email newsletter. If you’re not on my email newsletter like all my 17 listeners are you can join for free at www.truthaboutrealestateinvesting.ca.
Back to running into my old friends with over a dozen properties. This real estate winter, high interest rate environment period has shown me a tale of two investors. Those who invested primarily before 2020 and those after. Those who acquired most of their portfolio before 2020 may feel the pinch of higher rates and have likely sold, taken profits on part of their portfolios. Overall, they’re just fine.
If one acquired most of their portfolio and this could mean stocks or crypto too after 2020. They’re not doing so great. My crypto holdings are indicative of that. Especially if they invested in single family homes or condos or took bad advice from one of the several influencers who are struggling.
I took a call last week from a friend who have clients who want to launch a class action lawsuit against a well know real estate influencer, membership group leader. She was looking for a lawyer to connect her client to who’s out several hundreds of thousands of dollars and doesn’t know if the guru even has the assets to repay.
Tough times out there everyone. Trust but verify. Life is short, only take information from winning sources.
For example, I’m a big fan of golf but terrible at the sport. My podcast of choice in golf is Hank Haney’s podcast. He’s Tiger Wood’s former coach and Hank has another hall of fame coaching client named Mark O’Meara. Hank borrows a famous quote from a football coach and it goes “you are what you record is” as track record of wins and losses.
Personally, I judge coaches in real estate by their track record of producing successful, happy clients. I ran into clients who we helped buy and convert four houses into duplexes they’ve since exited, they made a lot of money and are happy. I’m so happy for them and to here their travel plans to travel to Tokyo to watch their daughter run the Tokyo marathon.
Pivoting to Find Cash Flow, Exiting New Brunswick, ONT With Elizabeth Kelly
You are what your record is. If you need help improving your record, myself and my lovely friend, today’s guest Elizabeth Kelly loves to help too. It’s why we get along so well.
Hopefully Elizabeth Kelly does not need an introduction. She tells it like it is. Elizabeth was a paid, professional educator for Rich Dad Canada since 2012 and taught a couple thousand investors, including many of today’s influencers, coaches, full time real estate operators.
She has own property management, Sandstone Property Management that manages hundreds of doors across multiple strategies, apartment buildings, AirBnb, Rent to own. Elizabeth has done around 100 rent to owns.
She’s the longest time investor in New Brunswick I know so before going there please listen to this show, reach out to her, she doesn’t mind.
Elizabeth is hosting her 2nd conference after the highly successful, inaugural Real Estate Resilience online event she’s back again for 2023. The price is very affordable at $74, link is in the show notes: https://www.accelevents.com/e/resilience2023?aff=Elizabeth
There are several friends of mine and past guests of this show and event a client on the speaker panel. If you want to go deeper into what the successful pros are doing you want to check out the Real Estate Resilience summit, a two day event, Saturday & Sunday October 14-15th.
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.
HELP US OUT!
BEFORE YOU GO…
If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.
It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.
If you didn’t know already, we pride ourselves on being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success.
New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.
We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best. In 2018, we again won the same award by the Real Estate Investment Network.
Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment. Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you.
I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics. The intersection of the two, talent and ethics is limited to a handful in each city or town.
Only work with the best is what my father always taught me. If you’re interested, drop us an email at 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.