I trust everyone had a great weekend!
As the war goes on in Ukraine and I check in with my Ukrainian and Russian friends on social media, I can’t help but be grateful I don’t have to explain to my kids what’s happening like I would if we lived in Kyiv, the capital of Ukraine.
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Here I was awaiting the day my social media feeds were no longer filled with the trucker convoy; now, it’s all about the humanitarian crisis in Ukraine. So incredibly sad.
As always, I prefer not to dwell on anything. Either do something about it or move on, so Cherry and I have donated to the Canadian Red Cross, where our government is matching donations.
On to brighter news, this past weekend was the beginning of another Stock Hacker Academy Beginner’s course. One real estate investor shared with me he owns four investment properties that he plans on holding forever as a hedge if the real estate prices go even more out of control. He’s a mortgage broker, and he’s taking the course for his daughters as he doesn’t know how the next generation will get into real estate investing.
From my experience working with hundreds of investors, over 90% of our clients borrow from their homes for down payments and renovations. Without help from parents, I don’t know how any young person will buy a house, let alone an investment property.
I’m all ears if anyone has ideas besides real estate and the stock market.
We hosted 25 investors in person, which is by far the most we’ve done in the pandemic. So it was lovely to see people in person again, and I think they’d all agree.
Quick PSA: I’m speaking to more and more investors involved with organized, large-scale real estate investments and private mortgages that are going sideways. This current one sounds pretty bad where investors’ money was used to overpay on properties.
Investors were lending at values above assessed value, but the market value was lower. I’ve been around for a while and seen many ways folks can lose money in real estate. I’ll compile a list and share it.
Just quickly though, if you know your market well and know your prices, worst case have a trustworthy Realtor to ask, you can avoid a lot of scams.
My preference is to own my real estate still, do my own stock thing, invest what I’m willing to lose in private equities with my RSP, and it’s worked out quite well, but I’m no financial advisor.
Selling The Realtor Business, All In On Coaching, Pursuit of Happiness w/ Ben Oosterveld
This week’s guest is Ben Oosterveld, a former real estate agent as he sold his business; we talk about why and how he sold it.
At the peak of the 2008 Alberta real estate market Ben owned 61 properties across four cities and 20+ investment partners and was living the dream till the market came tumbling down thanks to falling oil prices and the credit crisis in the financial markets.
Ben is here today to share how he coaches business owners, including realtors and investors, to understand themselves better, break down walls so they may find happiness, and have more energy to push towards their goals.
Ben’s an old friend and he’s also been on the show before, so help yourself here: https://www.truthaboutrealestateinvesting.ca/ben-oosterveld/.
Make sure to sign up for my real estate newsletter and be notified via email when new podcast episodes are out!
Ben also shares about a new book he’s got coming out called “The Richest Real Estate Agent,” and I look forward to buying copies for my team and me.
Check out Ben at www.benoosterveld.com/
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 I. 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 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. I will be giving free demonstrations online, very similar to the one I gave my kid cousin, a full time musician and he just made 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, 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.
Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA.
This is for driven folks who want to multiply their current incomes.
APPLY HERE: https://www.infinitywealth.ca/hiring
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.