Are you a Canadian investor struggling with low cash flow, rent control, or expensive renovations? In this episode, we sit down with Ben Barry, a U.S. real estate expert who's deployed over $2 billion in capital and helped transform how investors like you succeed south of the border.
 What You’ll Learn:

• How Canadian investors can tap into high-yield U.S. rental markets

• Why technology and data are changing the game in real estate
  

• The real story behind turnkey rentals and institutional landlords
  

• Tips on navigating taxes, financing, and management across borders
  

Whether you're fed up with Ontario's eviction delays or you're just curious about basement conversions vs. single-family rentals, this is your roadmap to smarter investing.

Hey friends, this is Erwin Szeto, and welcome to The Truth About Real Estate Investing for Canadians, where it’s my job to interview the top minds in real estate and business to uncover the strategies, mindsets, and habits that actually work—especially in today’s market.

My guest today is Michael Ponte—a full-time real estate investor, educator, and co-founder of Savvy Investor. He’s been investing for more than 20 years and owns a multi-provincial portfolio that spans Alberta, BC, and Atlantic Canada. He’s raised capital, survived multiple recessions, and built a strategy around what he calls “lazy investing”—focused on cash flow, simplicity, and long-term success.

In this episode, we get into:

• Why he avoids over-leveraged strategies like promissory notes and MLI Select
• What it’s like to refinance and pull nearly $1 million out of a property
• And how he built a business around student rentals, multi-family units, and zero tolerance for rent control

Also—Michael is hosting a free virtual boot camp on May 3rd, and I’ll be one of the speakers. It’s called The Savvy Investor Boot Camp, and it covers everything from BRRRRs to private lending to U.S. investing. You can register at thesavvyinvestor.ca -- again, it’s completely free.

Now, please enjoy my conversation with Michael Ponte.

On to this week’s guest!

Again, Hart is a friend, I refer him clients all the time for tenant location services.  This may sound like a paid endorsement and full disclosure, Hart Pays me nothing. We receive zero compensation for me having Hart on this show and sending him referrals.  It’s too bad we’re selling the rest of our Ontario portfolio in the near future so I could have asked him for favours but no. Nothing LOL. Which I don’t mind so my judgement is not clouded.

We get a long because we’re both on a mission to help Canadians get a head in life without taking away too much time from their lives and families by streamlining their investments. Let them sleep at night and we both volunteer for non-profits that support landlords.

Hart’s company Rent Panda is an expert on rentals providing both property management and tenant location services while also using the same tools we recommend like SingleKey and Front Lobby.  Any Ontario landlord not using them is exposing themselves to unnecessary risk. Risks that honestly don’t exist in landlord friendly USA but I digress.

You can find Rent Panda along with a bunch of free online resources every Ontario landlord needs at www.rentpanda.ca

On to this week’s show!

We have something different in that our guest is a successful entrepreneur in the world of Business and not real estate investing, YET.

Nick Kindler is the Chapter President of Entrepreneur’s Organization, a private membership of seven figure entrepreneurs that Cherry and I also belong too.

As a member of the real estate community, I find learning from entrepreneurs just as helpful as learning from real estate investors to broaden my learning.  I also see all these memberships and masterminds costing $20,000-30,000 or more, I wanted you my 17 listeners to be aware of other masterminds, membership groups and Entrepreneurs Organization is less than $10,000 per year and I’m a big fan.

Who better to talk about Entrepreneurship than our very own Chapter President Nick Kindler who also happens to be my client who’s working with team member, Chris “the Captain” Hook to acquire quality investment properties.

Nick is here today to share his experience as an EO member, President, his entrepreneurial journey which includes a $4.5M business that went bankrupt but more importantly how he bounced back, the lessons learned so you may avoid the same mistakes.

FYI - failing businesses, losing money and letting staff is not a fun experience in my experience. Please take notes.

If you would like to learn more about Entrepreneurs Organisation please reach out to Nick on his company website www.kindlerandcompany.com/contact you can hit me up on email on DM or you look up your local chapter at https://hub.eonetwork.org/

I’ll be a the open house event on March 9th that Nick mentions so I hope to see you there! Link: https://www.eonetwork.org/toronto/Pages/upcoming-events.aspx?i=2&s=5

Nick’s consulting business helps innovative leaders communicate better, for example I attended Nick’s two day workshop on how to give a TED talk which was excellent where Nick deconstructed what goes into an excellent talk then walked us through to write our own and how to deliver with stage presence. 

Nick is also the author of Impact: Simplify, Transform, and Perform Pitches and Presentations available at https://www.impactbook.ca/

Without further ado, I give you Nick Kindler.

Hello and welcome to another episode of the Truth About Real Estate, my name is Erwin Szeto, the four time award winning Realtor to investors, host of this podcast, the #81 Business podcast per iTunes, where we focus on bringing you true experts, masters of their craft and we have a great guest for you today in real estate coach and educator Elizabeth Kelly.

The term coach has been used lightly these days. I see even folks with 1-2 properties as side hustles call themselves coaches. Elizabeth Kelly has a bit more to her resume than that. Her own property management company hundreds of doors, she was a full time real estate investing educator at Rich Dad Canada having personally taught a couple thousand investors including many of the infuencers and coaches you see today on social media.

Today we touch on a couple subjects such as the investment in real estate education and some of the different options out there as there are more than ever but some offer better value than others.

Elizabeth shares about her career and investor journey to arrive at where she is today.  Her strategies when starting out investing in 2008 is very different than how she invests today and my intention for you my 17 listeners is to see for yourself how a professional investors at different stages, lessons learn so you may avoid mistakes and make more money.

Then we will offend many when we discuss what’s working and what’s not working in 2023. This may shock you, many of the fad investments getting a lot of hype won’t work in 2023. Make sure to have a listen before investing in any coaching or courses or even property.

2023 is going to be a fascinating year and here at iWIN real estate, we will be arming our community with the best information possible. Staring with our free webinar on how to sell a tenanted property for maximum return on January 17th, followed by our iWIN, in personal networking meeting on Saturday morning Jan 28th when my team and I share our bold predictions for 2023 for our target investment markets and we have at REIT in the house, Lawrence Raponi of Equiton with a brand new presentation explain how professionals buy apartment buildings, from how they find deals, to the numbers they need before even looking further into.

Learn how the professionals invest or at least learn how investing in a REIT works including cash flowing from day 1.

If you’re on my email newsletter, then you know how to register. If you don’t? Well that’s just silly, go to www.truthaboutrealestateinvesting.ca enter your name and email and you will receive an email when we have events and when new episodes of this show is available.

New to 2023 is we will be producing a lot more free educational videos and podcasts. If you have suggestions for topics you would like covered please let us know.

It’s my pleasure to introduce to you, my friend who passed our strict screening, Elizabeth Kelly.

Please enjoy the show!

LinkedIn: https://www.linkedin.com/in/elizabeth-kelly-consulting

FB: https://m.facebook.com/EKConsulting.ca/

IG: https://instagram.com/elizabethkellyconsulting?igshid=MWI4MTIyMDE=

Real Estate Resilience Summit: https://realestateresilience.ca/sumreal-estate-resilience-summit-ek

We have Ken Bekendam who is up to many things to generate cash flow and build wealth in real estate.  The best part is Ken is available for hire! One can hire Ken’s company https://legalsecondsuites.com for major renos to your home or investment property including basement apartments and garden suites.

Ken and Legal Second Suites has even been in the news representing one of his clients, a mutual friend of ours Alex who happens to be Ukrainian who wants to convert his garage into a garden suite to rent to Ukrainian immigrants but the rich neighbours think the added density of tenants living in a garage will damage the neighbourhood and increase traffic.  

Thankfully, with municipalities trending in the right direction to allow for us private investors to create more housing… well I won’t spoil it and let Ken explain to you how the story ends. Rich homeowners vs. rental housing for Ukrainian immigrants….

In today’s show, Ken details what strategy makes up the majority of his portfolio and provides him with the massive cash flows. It’s not what you expect as none of the influencers out there are promoting, nor offering courses on this strategy.  

Ken shares how to invest in garden suites including build costs and rents plus some conversion projects both big and small.  This is really great episode for education purposes so do have those pens and pencils ready.

I give you my friend Ken Bekendam

Please enjoy the show!

Web: https://legalsecondsuites.com/

IG: https://www.instagram.com/legalsecondsuites/

FB: https://www.facebook.com/people/Legal-Second-Suites/100086295136299/

Victor shares a lot today about how to scale up a real estate portfolio, how novices can get started interning/volunteering on development projects to gain invaluable experience for a smoother transition from side hustle developer to full timer. 

There’s Victor’s strategy of “buy on the line, move the line” for investing in gentrifying locations.  We’ve been practising the same strategy in our local markets, I just didn’t know there was a name for it.  In Hamilton the old rules were to stay south of Main St. and West of James St., as a rule breaker we didn’t listen knowing affordability would cause the areas we targeted to appreciate and it worked out incredibly well. 

If you too are looking to build out a team in the areas east and west of the GTA where properties actually cash flow then don’t miss out on our street smart tours! New to 2023 we’ll be operating tours of income properties in Oshawa followed by a mastermind lunch for which I’ll be in attendance as well. This a wonderful opportunity for investors of any level, especially novices to see how the FOUR time Realtors of the Year to investors service their clients enabling them to build intergenerational wealth.

Make sure you’re on our email newsletter along with 10,000+ other hard working Canadian investors available at www.truthaboutrealestateinvesting.ca. I hope to see you in 2023 at one of our iWIN Real Estate meetups and/or street smart tours.  Like Victor says, there are going to be some great deals available in the near future.  Learn what a deal looks like and work with an award winning team that produces successful, multi-millionaire investor clients.

BTW, Victor is also the President of OREIO and if you’re in Ottawa, you want to check them out. In my experience, the value and quality of group can’t be beat hence I’m a paying member as well.

LinkedIn: https://www.linkedin.com/in/vmenasce/?originalSubdomain=ca

Personal Website: http://www.victorjm.com/

Work Website: www.Ystreetcapital.com

OREIO: https://www.oreio.org/

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 for personal trainers living in Toronto, it’s hard 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, and 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 to Vince’s success, please enjoy the show!

To follow Vince:

Web: Trustyourtalent.ca

Instagram: theonlyvincelee

Facebook: https://www.facebook.com/theonlyvince

How refreshing is our guest Diana today! It goes to show one can’t judge from an Instagram handle. Eg Diana’s is @investorgirldiana when really it should be @sophisticatedinvestordiana but I get it. We are supposed to be humble and modest in our marketing.

But screw it. Diana is legit. She shares her experience and numbers flipping from a $2.3M luxury house in Toronto and to a century home in Hamilton to Windsor private lending as well.  There are lots of numbers in this episode including mortgage rates as some of the capital was private money AND Diana shares how she personally lends her own money. 

Diana’s taken expensive courses and masterminds.  The quality of some is questionable as there were folks in the same masterminds as her years ago who are now bankrupt financially.  That’s right, some courses, memberships, and coaching have negative return on investment.  You as an investor have to conduct proper due diligence on anything you invest in including education.

Diana however with her conservative projections and husband as a skilled general contractor have navigated this declining market and exited flips profitably. Some are more profitable than others and not without challenges which Diana shares.

Sidenote: I’ve noticed a trend where an investor’s ability to execute on construction or renovations can be make or break for investors. Especially the full timers. In my experience, constantly working with the best of the best contractors has been instrumental to my clients and our own success in our portfolios. Those unable to execute 

Not that any contractor is perfect unless maybe you marry them like Diana but much risk can be mitigated with the right one and proper oversight.  That’s something we do for our clients, connect them with the same contractors we use and we are in regular weekly contact with them for our own projects and for our clients.  As we here at iWIN Real Estate, we do volume hence we are usually our contractors top referral source and we’re all looking for win-win-win results. Win for the contractor, win for the client, win for us in that we have a happy client who buys more houses and sends us referrals. 

We are in this for not just long-term but rather intergenerational relationships to create intergenerational wealth as we literally have three generation clients: grandparents, parents and the kids.

To follow Diana:

Linktree: https://linktr.ee/InvestorGirlDiana

Instagram: https://www.instagram.com/investorgirldiana/

Facebook: https://www.facebook.com/diana.lizarazorocha

We have old friend of the show Russell Westcott who was in town all the way from Vancouver to Toronto for the Wealth Hacker Conference.

Russell has owned 100+ properties and has the battle scars and lessons on how to invest better in Edmonton Alberta.  Russell is a smart guy and here to share about how his coaching clients are navigating this high interest rate environment with creative, above board financing and a couple different investment strategies for highest and best use to create more housing units and of course generate higher rents on properties that other investors simply don’t see.

As always it’s a treat to have the JV Jedi on the show, someone who’s always thinking outside the box on how to maximise returns for his coaching clients and on their properties.

I give you best-selling co-author Russell Westcott!

Website: www.russellwestcott.com

Instagram: @russellwestcott

Facebook: russellwestcott10

Arminda is a student rental investor who’s going to benefit massively from the over 40% increase to the market’s rental rates for student rentals and her current cash flow of $1,500 per month between two properties will more than double. Maybe triple.

That’s the benefit of buying right, using a fundamentally sound investment strategy, renovating with return in mind, and the importance of mentors, friends and community.

If you’re interested in quality investment properties like Arminda, my award winning team of investor specialist Realtors are ready to go. www.infinitywealth.ca 

Private RESP CST Savings: https://www.cstsavings.ca/

https://www.cransoncapital.com/

*** these are notes, not endorsements nor advice. Please seek professional financial advice

Today we have Jesse Bobrowski, Vice President of Business Development on to share how Calvert helps flippers and BRRRR investors, how much money down, rates, lender fees, terms on how they lend.

No, their focus is not to raise capital to lend out which is risky in this market but we talk about how Alberta stacks up against Ontario!!  Calvert Mortgages the biggest private lender I know with $330 million out there in loans.

For more information check them out at www.chmic.ca. I know several Mortgage Brokers who refer them business and past guests of this show who swear by Calvert as well.

Please enjoy the show!

Instagram: https://www.instagram.com/calverthomemortgage_/

Web: www.chmic.ca

Cherry Chan, Real Estate Accountant will be sharing how to retire faster with corporate structures so you can pay less tax and invest more. Cherry and her Accounting partners have been consolidating lessons from their experience working with 500+ real estate investor clients.  Since no one hides anything from their Accountant, they know the truth about real estate investing returns, losses, and most importantly the path forward.

Cherry’s on the show today to share about the burning questions she’s getting from clients these days: 

• Tax implications of short term rentals & AirBNBs, especially when selling
• Where clients lost $$ by not understanding the risks
• Setting up businesses and corporations to invest in the US

Please enjoy the show!

To follow Cherry:

Phone: (416) 548-4228

Email: admin@cccpa.ca

Web: https://realestatetaxtips.ca/

YouTube: https://www.youtube.com/c/RealEstateTaxTips

Cory is a 20 year investor who's been through rough times back in the financial crisis, from Toronto he was investing on the wrong side of the tracks in London, Ontario, sleeping inside the renovation project as he didn’t have funds for trades and to cut down on his commute from Toronto.

Fast forward to today, Cory’s been a full time investor for 2.5 years specializing in BRRRR investments, suiting basements, garden suites and an office to residential conversion that’s gone anything but smoothly. Cory funds his projects with silent, passive joint venture partners, and when there’s no cash flow… I’ll let Cory explain what he does.

Cory’s story is quite a journey of survival in terrible and good and difficult times.  Anyone new or old to real estate investing will have lessons to learn.  If you’re one of the good guys in real estate, you’ll appreciate how a good guy like Cory can thrive in an industry swimming with Sharks.

Website: www.coryfroc.com

Instagram: @coryfrocinvestments and @coryfroc on Facebook

Please enjoy the show!

On to this week’s guest we have Danielle Unsworth who has simply caught fire since attending our 2019 Wealth Hacker Conference.  Danielle took the whole 10X’ing thing to heart, first she started converting basement apartments in her existing properties, then hired a coach in my old friend Susan White Livermore, she’s since invested in vacation rentals in Turks and Caicos, six townhouses, in Edmonton, each with basement suites using cheap CMHC MLI Select. You probably want to write that down to google it later. To investing in two apartment buildings in New Brunswick and whatever else she’s bought since this interview took place three weeks ago.

Danielle has shot out of a cannon and she’s built a large Instagram following and she shares how. If you’re one of the quality investors or coaches out there looking to raise capital, I suggest you give Danielle a follow as there are bankrupt investors, both morally and financially doing the same and they can raise millions of dollars.  At least that’s how I justify to myself in all the content we put out there with more to come in 2023.

For Cherry and I, if nothing else it’s a public service to share the truths about real estate investing.

I give you Danielle Unsworth.

Web: https://www.danielleunsworth.com/

Instagram: https://www.instagram.com/danielle.unsworth/?hl=en

WINC: Women Investors Network Canada: https://www.instagram.com/winc.investors/?hl=en

Today we have Dalia Barsoum who’s everywhere these days and who can blame her.  She’s incredibly popular for her diligence in underwriting and guiding her clients towards quality.  Unfortunately, Dalia and Streetwise are picking up the pieces from deals gone sideways brokered by other mortgage brokers.  I know that feeling…

Today we chat about where rates are going, what private mortgages (rates and terms) are going sideways. Some tips on how to weather this rising interest rate environment including joint venturing, our favourite Economists to follow, where the challenges are in getting new financing, apartment building financing and much much more.

Cheap debt is what makes the world go around which benefits real estate investor returns so you don’t want to miss this episode. Have a pen and paper ready!

Today, we Kyle Pearce who’s a real estate investor with 22 doors. Kyle's been investing since the last recession being braver than many buying the dip in Florida back in 2011. He’s a Stock Hacker, an online education business side hustler as Kyle’s full time job is as a Mathematics Consultant to Kindergarten to Grade 12 teachers as his local school board. Kyle teachers the Math teachers. 

Kyle is passionate about education and lucky for us. It spills into the investments arena, he loves to share his knowledge, is always sharing his research with our community, and I selfishly had some questions for Kyle on how to teach Math and Investing to kids.  

Now that I think of it, Kyle’s method of teaching compound interest, the 8th wonder of the world would work on adults too so you want to have your pens and note taking devices ready.

Please enjoy the show!

Website: https://makemathmoments.com/

One of the reasons we started Stock Hacker Academy was we knew real estate was inaccessible to many AND with cash flow so squeezed on real estate, I know many are looking for better yield after their real estate portfolios had gone up so much in value. 

At the end of the day, no matter the investor we’re all in search of a return on our time, passive investments that cash flow and Anderson Carter-Griffith has found a side hustle and investment that works for him. 

Anderson is an immigrant and a chef who was underemployed thanks to the pandemic.  He’s since pivoted to investing in stocks, trading in options, and delivers food via Door Dash, an online food delivery app.

On this show Anderson shares how he makes a couple hundred dollars combined via his side hustles and how he invests in boring stocks for the long term. 

Most importantly, thanks to Anderson’s newfound financial education he has done a 180 degree turn having previously prioritised buying luxury cars and accessories and now prefers to invest for the benefit of compounding returns. Something those who unknowingly were spinning their wheels in the rat race can understand.

If you know someone looking to make some extra money to cover rent increases or inflation, Anderson has found himself a solution in side hustles.

During the interview we mention the stock and options brokerage we use.  In the show notes I have a referral link that helps to support this show. Interactive brokers: https://ndcdyn.interactivebrokers.com/Universal/Application?employer=SHA8

Quick disclaimer, none of anything discussed should be considered advice but rather Anderson and I are sharing our experiences for educational purposes. Please seek professional advice.

If you can’t tell, Cherry and I prefer to buy than rent.  I like hard assets and being in control. I do rent some things like cottages, hotels, cars while on vacation as I want my life to be simple. We used to lease our cars for tax purposes and those are generally depreciating assets.

Other examples of wanting to be in control is of our estate when we pass on from this world. I don’t want our staff nor our kids to have to sell off our businesses or properties hence we invest in insurance to cover the taxes as the good old government will want their pound of flesh.

As we prefer to own over rent, we prefer whole life insurance over term life insurance. If you don’t know why that’s because you’re among the 99% of Canadians.  I only learnt of the Infinite Banking Concept strategy a few years ago at my real estate mastermind where I’m the poor person in the room.  Several members were already applying the Infinite Banking Concept and we even brought in an outside expert from one of the big banks to educate us on the subject.  Unfortunately, the subject is confusing until we met Jayson Lowe, founder of Ascendant Financial, co-Author of “The Bankers’ Secret, a Simple Guide to Creating Personal Wealth for Canadians.” And leading Financial Professional in Canada.

Jayson being an expert in whole life insurance including being a client of all the insurance providers in Canada alone gives him more experience than anyone I know.

At the end of the day, Cherry and I’s policies, because we own them, shows up on our balance sheet with the banks which they love to see hence they’ll lend us more money.  We can also borrow against our policies at rates low rates and can pay it back whenever we want.  Cheap money, flexibility and control. All things I like hence our plans in 2023 include growing our policies. 

To explain it in further detail, I give you Jayson Lowe.

For priority access to Jayson and his team go to: https://www.ascendantfinancial.ca/cherrychan

Our Market update two weeks ago with Coach Tammy DiTomaso was a hit. 

FYI to our 17 listeners, the vast majority of real estate investors are investing as a side hustle. The truth about real estate is the folks who successfully make full time careers as investors is a small minority.  I remember asking a mortgage broker friend who focuses on investors tell me only 1% reach 10 or more properties.  That number has gone up a lot since then but my point is, do what’s right for you. No need to compare yourself to folks with 100’s of doors.  The other truth is several investors are in financial distress right now who were over leveraged and had challenges executing their flips or BRRR’s of simply speculated and can no longer afford their investments at the current interest rates.

Boring, cash flowing starter homes is the bread and butter of our team since 2010.  Starter homes with renovations to increase cash flow such as basement suite conversion or student rental worked pre pandemic and still works in this declining market hence we have coach Stephen Phillips to talk to the towns east of the GTAin terms of the deals and the numbers behind the properties investors are buying right now in today’s market that make sense.

Coach Steve has extensive experience in real estate having owned and operated a kitchen and countertop business.  Their stuff was so nice they caught the attention of HGTV’s Scott McGilvray and his business was part of 20 something episodes on Scott’s shows. Steve grew up in the Durham area, East Greater Toronto Area and now focuses on the areas East in the investor friendly towns from Oshawa and Kingston but primarily the sweet spot of Belleville.

The most common request we receive from new clients is “I want a deal” so as a service to you 17 listeners, we’re here to provide context to what a deal looks like so have your pens, paper, spreadsheets ready as we’ll talk to current opportunities and the analysis behind them.

Email: steve@infinitywealth.ca 

On to this week’s show!

Full disclosure, Tim Collins is one of our longest time clients hence he’s bought and held properties for several years in order to get rich slowly. He’s also taken our Stock Hacker Academy courses. He’s switched careers a couple times from high paid tech executive to now a Real Estate Agent.  Moved his family from Orangeville, Ontario to Nanaimo, BC for warmer weather and a view of the ocean.

Tim is open minded, successful, wants more out of life and is now financially free and has the option to retire early thanks to his now $10,000+ passive, dividend income each month from his stock portfolio. Tim’s mental health is likely better than that of most investors these days.

From my experience working with investors everyday, many of you want passive cash flow hence I’m excited to bring you this episode to learn how Tim escaped the 9-5 rat race and golden handcuffs by building wealth in real estate then pivoting to stocks for greater yields and passivity.

We’re all on this journey of learning together and what better way than to learn from folks who have what we want.

Announcement regarding Stock Hacker Academy, we’ve completely revamped the course to make it more comprehensive and added numerous modules to aid those new to the stock market.  Plus several value adds we will announce at the Wealth Hacker Conference. As always, we believe in and practise continuous improvement and I’m beyond excited to share with our community the absolute best version of our beginner course at the lowest price anyone will ever see and only available for purchase at the conference.  Just another bonus for those in attendance!

 Please enjoy the show!

Website: https://www.timjpcollins.com/

Facebook: https://www.facebook.com/timjpcollins

LinkedIn: https://www.linkedin.com/in/timjpcollins/?originalSubdomain=ca

Instagram: https://www.instagram.com/timjpcollins/

On to this week’s show!

Our guest Andrew Hines I believe needs little to no introduction. He graduated from the top Business School in Canada based on my biassed opinion of also graduating from the same school. Andrew is one of the good ones in having shared his losses early on investing in Ohio early in his investor journey; he’s built townhouse complexes, invested in high end student rentals, currently he’s more focused on diversification by developing and building in Florida plus a start up, 90 acre, high end campground.

We talk about economics, where the market is going and when/where Andrew thinks there will be opportunities.

Have you pens and notepads ready!

 Please enjoy the show!

Website: https://youtu.be/j27DutOz8ic

Instagram: https://www.instagram.com/theandrewhines/

Grotto Getaway: https://www.airbnb.ca/users/461668746/listings

IG: https://www.instagram.com/thegrottogetawayglamp/

This week, we have the very successful Quentin D’Souza on the show. There are tons of coaches and Multifamily experts out there but in my experience, Quentin is one of the best. I know many of his past students including Steve Phillips on my iWIN Real Estate team and his investment partners. Not many share a track record of successful like Quentin.

He’s on today’s show with Cherry giving the interview as I was out hosting a golf event with fellow 7 figure entrepreneurs so as we sometimes do, “divide and conquer” I wrote down some questions I wanted to ask Quentin about apartment building investing, investing in US, where best to find cash flow, what the future holds. You know, same stuff you ask anyone who bought five apartment buildings or 177 units this year alone and is always looking to level up.

Quentin is an old friend, the Chief Education Office and founder of Durham REI, a really great, long running networking group that meets monthly, he’s authored four books including the most recent ”The Action Taker's Real Estate Investing Planner” link https://www.amazon.ca/Action-Takers-Estate-Investing-Planner/dp/099367173X?dplnkId=a0338035-2ffa-4400-9b24-053578dc6df7&nodl=1#aw-udpv3-customer-reviews_feature_div

Obviously a big time investor. 

Please enjoy the show!

On to this week’s show!

We have a young rock star in Joseph Costanza who was 24 when we met and owner of the title of the youngest client we’ve ever had.  He’s a young hustler who when I met him had three jobs: Architect day job; bartender, evening weekend job; landscaper with remaining time not sleeping.

Thanks to all that hustle and saving money by living at home with his parents, young Joe saved up enough money for his first investment property of his now five properties.  Crazy enough he’s already made his first million dollars hence he’s now our youngest of 45 self made investor millionaire real estate clients at 28.

Joe’s here today along with Coach Tammy from the iWIN Real Estate team to give us an update on his expansion project in Sudbury which didn’t go so well and his lessons so you may avoid the same mistakes he made.

Plus a gem of an expired listing in Hamilton that coach Tammy helped Joe with that eventually was priced well under market because the property failed to sell, was rough and the challenging tenant with previous orders against him by the Landlord Tenant Board.

We talk numbers on the most recent deal so have your pens and calculators ready or email us at iwin@infinitywealth.ca and we can send you Coach Tammy’s draft numbers.

Please enjoy the show!

To follow Joe’s journey:

Instagram: https://www.instagram.com/josephcostanza/

Facebook: https://www.facebook.com/joseph.costanza.50

Please welcome co-founder of Addy Stephen Jagger, I’m excited to have him, if you haven’t heard of Addy before, it’ll blow your mind.  If you have, the advancements in deal offerings, technology will surprise you along with one of their investment vendors who went belly up.

Oh yeah, this is the truth about real estate investing show so when deals go sideways, I’m going to ask about them, Stephen, kudos to him does not avoid my questions and better yet they’d already publicly addressed them.

https://addyinvest.ca/2024/07/19/strengthening-our-due-diligence-lessons-learned-and-steps-forward/

Or as the saying goes, a ounce of prevention is worth a pound of the cure.  If they’d asked me for a reference check, they could have probably saved a bunch of headaches.

To connect with Stephen:

Twitter: @sjagger

Email: Stephen@addyinvest.com

Website: www.addyinvest.com

Please enjoy the show!

This week we have a really interesting interview of a gentleman, co-worker at Rock Star Real Estate, my friend Montu Dhillon.  He has a unique background having worked his way up the corporate ladder in the financial services world, specifically compliance so he saw first hand who really makes the money in the investment services industry, hence he started buying real estate.

Montu shares how he started like most of us do, hustling hard, in search of cash flow buying houses, duplex, fourplex, Airbnb then later transitioned into new construction condos for the negative cash flow but way less headaches.  Montu is a bit of a trader as well having divested some properties near the peak and what property type he has his sights set on may surprise you.

Montu shares his experience in the current market of writing low ball offers and being on the receiving end as well.

This is definitely a story of resilience, entrepreneurship, and taking control of one’s financial future.

For Montu’s free digital book: web https://www.dhillonrealtysystems.ca/

Seeing how much folks are travelling these days, a trend I expect to continue, how do real estate investors capitalise?  Well today we just so happen to have an AirBNB expert who manages 100 doors for AirBNB use and only owns one of them, a 250 acre property he’s going to develop into a vacation resort and wait till you hear the numbers, they will astound you.

I met Avery Birch at a conference in Quebec City a few months ago, having real estate in common and 7-figure entrepreneurs, we connected right away. Do you see what extents I go to to bring you, my 17 listeners interesting guests?

Ever since covid restrictions loosened, I’ve really enjoyed getting back out there networking with like minded investors and entrepreneurs.  If you’re looking for the next can’t miss conference you’ll want to save the date, Saturday November 12th, all day for the Wealth Hacker Conference, live and in-person near the airport with plenty of free parking.  We’ve hired speakers and sponsors for all the things you need for your most efficient path to your financial goals so you may have more freedom with how you spend your time: building your own business, retirement, travel, etc…

After interviewing Avery, maybe I’ll diversify a bit into AirBNB because with all the experience Avery shares today in operating 100 AirBNB’s, we get an insider’s look into which AirBNB’s offer the highest returns and it’s not what you think. 

Please enjoy the show. 

To connect with Avery:

Web: https://www.365x.ca/

Web: https://www.porterspeak.com/

Instagram: @porterspeak

Facebook: https://m.facebook.com/porterspeak/

Ryan shares what kind of projects he’s investing in and he’s writing a book and starting a podcast on the subject of highest and best use for real estate.  You’ll want to pay attention to what Ryan shares are beginners often get this part wrong in not being efficient with their time and money in maximising their returns.

Please enjoy the show!

Instagram: https://www.instagram.com/rwcarrinvestmentco/?hl=en and https://www.instagram.com/thehighestandbestuse/?hl=en

Web: http://thehighestandbestuse.com/

TV: HGTV, https://www.hgtv.ca/hoarder-house-flippers/

Hussein is a trusted advisor to Cherry and I since he understands the problems faced by families with assets hence he prepared our wills for us and handled our most recent refinancing of now five properties.  That’s right, we’re freeing up capital, improving our cash flow to be ready to take advantage of these dips in the market.

Hussein knows a good investment when he sees one hence he was one of the first to sponsor Cherry and I’s Wealth Hacker Conference.  If you too are interested in sponsoring please reach out to us by responding to any email you receive from us.

Hussein and I discuss several topics including what investments he likes and absolutely refuses to assist clients with (yup, those investments are just that bad). How someone as successful as himself wants to raise humble children, investing in physical gold.

As always, it’s fascinating to pick Hussein’s brain so please do enjoy the show!

Web: https://hsklawfirm.ca/

Instagram: https://www.instagram.com/hsklawfirm/?hl=en

Antonio had a broken childhood as the child of hard working, blue collar immigrant parents who were busy working 60 hour weeks to put food on the table.  His story of how he turned it around is full of lessons for anyone out there wanting to turn their fortunes or with troubled teenagers.

And did Antonio ever turn it around graduating university top 10 in his class, got the top co-op placements and great jobs after school.

As he’s a student of some of the greatest investors out there: Warren Buffet, Ray Dalio; he’s in private equity for the Ontario Teachers’ Pension learning from some of the best investors out there and currently works for one of the big five Canadian Banks on Bay Street.

Like myself, Antonio is not loyal to real estate, he’s an investor who happens to prefer real estate for highest returns and best investment thesis.  

This is a pretty cool episode and if you know any troubled younger people, you may want to share this with them.

Please enjoy the show!

IG: https://www.instagram.com/ayoungmoney_/

FB: https://www.facebook.com/MalabarPropertiesCo

On to this week’s show!  We have my business coach Mary-Anne Gillespie who I’ve been since around 2014 back when there was no Zoom. Mary-Anne or Coach MAG as she’s known, we did coaching over the phone and she lives in Ottawa so I never got to see her but for as long as I’ve known her, she’s been running long distance and high energy.

Since meeting Coach MAG, she’s beaten Cancer, didn’t even tell me she had Cancer and you’d never know talking to her. She lost 150 pounds. For the first time publicly on this show, she shared with me how her parents died when she was 16 and was homeless.

On our last episode Mary-Anne shared how she completed her first Iron Man Triathlon in the US during the lockdowns and pandemic, she’s immunocompromised from having Cancer, only had one shot of the vaccine and still travelled to Tulsa and finished the race. 

That was just over a year ago, last weekend Mary-Anne not only completed another Ironman but she won 1st place.

I don’t know how she does it.

Coach is a successful Realtor, real estate investor, entrepreneur, she’s a member of several of the most exclusive mastermind groups therefore has lots of insights into the markets and economy.

If you’re not inspired by this interview - I don’t know what will. 

Please enjoy the show!

IG: https://www.instagram.com/redapple_coaching/

FB: https://www.facebook.com/redapplecoaching

Linktree: https://linktr.ee/RedAppleCoaching

LinkedIn: https://www.linkedin.com/company/red-apple-coaching

Email: admin@redcoachingsolutions.ca

Episode 2 of the Stock Hacker Academy Show! 

In addition to all of the weekly real estate episodes, we’re trying out this monthly stock market focused episode. 

The audio for these episodes are taken from our weekly Stock Hacker Youtube Show. We realize that many of you aren’t video people. These monthly Stock Hacker shows will bring you the best information and stock market education we put out on a regular basis. 

This month we cover:

• Beginners Guide to Canadian Dividend Stocks
• How real estate investors left money on the table with stocks

A synopsis for each segment is below.

And if you’re a real estate investor who’s investigating the stock market, we’ve prepared a free guide just for you.

“How Real Estate Investors Find Cash Flow in the Stock Market” is a collection of 5 stories from real estate investors and entrepreneurs just like you who are using stock hacking to augment their cash flow.

Download your free report here!

Beginners Guide to Canadian Dividend Stocks:

There’s only one form of truly passive income… Dividend stocks. 

You can find Canadian dividend stocks that have increased their dividend for almost 50 years straight!

Long running dividend increases could be a sign that the company is healthy and stable.

Learn more about dividend stocks in this segment.

How real estate investors left money on the table with stocks

The stock market lost more than 50% of its value over a 17 month period between 2008 and 2009. And many of us ran from it.

We turned to real estate. It was so much more stable! And it’s treated us very well.

But then you compare the stock market returns vs real estate returns between march 2009 and May 2022…. 😱

This segment reveals how we left a LOT of money on the table when we swore off stocks and what you can do about it now.

That’s all for this month’s Stock Hacker Show.

If you enjoyed this new stock market focused material, let us know in an Apple Podcasts review, on Instagram, or on Facebook.

Building wealth together,

Erwin Szeto.

On to this week’s show! We have my friend Derek Foster who successfully retired a long time ago, 2004 was the last time he had a job and Derek is retired, retired. Enjoying his time off, chilling and raising his eight, that’s right eight kids so it’s not like he has nothing to do.

As a wealth hacker, I have a natural interest in studying how the rich get rich in lazy ways, Derek has done that for almost two decades and has written six best selling books on the subject, and recently he’s been navigating the crash in the stock market quite masterfully as at the time of the recording, the stock market was down 15% year to date, Derek is only down 5% hence he’s completely outperforming the market and likely outperforming pretty much every professional money manager out there.  Is there any wonder Derek helps us teach at Stock Hacker Academy?

On our recent visit to our nation’s capital of Ottawa, we invited Derek and his wife to lunch and record this podcast episode in our AirBnb. It’s great to catch up with Derek and learn about how he’s investing in stocks these days so you the listener and I may learn and hopefully create another passive income stream.

Web: www.stopworking.ca

No, he’s not on social media other than Linkedin but he doesn’t update that lol

We have IMO an incredible story of Saurabh Singhal who came to Canada recently so their kids could have a better life, worked a full time job, then every night after work studying for 12 months to become a lawyer.

To follow Saurabh:

https://www.singhal-law.ca/about/

Phone: 647.915.6175

On to this week’s show! We have a veteran investor who’s been investing for over a decade and has accumulated 25 properties including several in joint venture (JV for short) with friends and family.  Justin is one of our long-time clients and as time in the real estate investment market has served him and his family well as the properties we coached him to invest in has allowed Justin to join our exclusive 7 Figure Club.  Owning a million dollars of real estate isn’t too hard these days, earning a million dollars or more in return is significant and Justin has done that.

On today’s episode, Justin shares how he got started, we dig into the numbers of some of his properties, what motivated him to invest, and start a podcast for parents to teach their kids about money. 

Justin will also be part of a panel of joint venture experts on June  Saturday June 18th at our next iWIN Real Estate Meetup, live and in ONLY person.  There will be no recording or online options. Joining Justin is long time friend of iWIN Jules McKenzie who has done over 50 joint venture properties and 30 years as a police officer, and Gillian Irving, an expert in joint ventures, student rentals AND mortgage professional from LendCity Mortgages.

Link to register is in the show notes and in your email If you’re on our email list then check your inbox.

To register: https://www.eventbrite.ca/e/erwin-and-cherrys-iwin-real-estate-meetup-18-june-2022-tickets-355213090917?aff=iwin

Please enjoy the show!

To follow Justin:

Podcast: https://moneydadpodcast.com/

In this episode, we sit down with Christine Traynor, from Victoria, BC, a seasoned real estate professional who has navigated the industry from multiple angles.  She started as a paralegal in mortgage enforcement/foreclosures, became an appraiser in 2002, worked in for a high end real estate developer then buying a real estate appraisal firm, buying two more with creative financing and in 2024, sold those businesses for a seven figure exit.

What’s now keeping Christine busy is her current ventures as an Edmonton, Alberta real estate developer, multifamily investor, Christine shares a wealth of knowledge and insights that are sure to inspire.

For those looking to raise capital, specifically registered funds like RRSP’s and TFSA’s, Christine is involved with a Mutual Fund Trust as part of a 94 unit build so you’ll want to hear about that.

Christine shares how and why she chose not to invest in local, tenant friendly, unaffordable Victoria, BC for landlord friendly Edmonton which is something pretty much every BC, Ontario, Quebec investor from a tenant friendly jurisdiction is considering.

Christine is an advocate for empowering women around investing and finances, and is the host of She Builds Wealth, a (free) online community where she leads women in conversation around real estate investing, business, money and mindset.  She is also the creator of She Builds Wealth: A Foundational Course for Women on Building Wealth in Real Estate.

To follow Christine:

Instagram: @Christine.traynor.reinvesting

Website: www.christinetraynor.com

Please enjoy the show

On to this week’s show!

We have old friend, best selling co-author of Joint Venture Secrets, former Vice President of the Real Estate Investment Network, real estate coach extraordinaire Russell Westcott!

Russell is here today to share with us the 7 advantages Canada has over the rest of the world.

Russell has owned over 100 investment properties through the years and sharing how he’s pivoted to adding middle term rentals to his investment portfolio and shares the numbers and why he’s buying new construction houses to suit his strategy.

Anytime a best selling co-author is sharing how they’re investing their own money, I’m listening so make sure to be taking notes! As always, it’s an honour to welcome back my old friend Russell Westcott!

Web: www.Russellwestcott.com

YouTube: https://www.youtube.com/c/RussellWestcott

Podcast: https://russellwestcott.com/category/podcast/

On to this week’s show!

We have Emily and Coach Tammy Ditomaso on the show. Emily is a new investor already with three properties under her belt in under two years. Emily’s early journey includes more involved renovations, inherited tenant who was in jail, rent arbitrage, middle term rentals and most importantly, a lot of financial success. Middle term rentals fall between short term and long-term rentals. In some markets where short term rentals are banned. 

Emily also happens to have a nice job for one of the big Canadian banks in HR and shares about what skills and positions earn mega bucks, pensions, benefits and work from home. Working from home is huge for real estate investors so they can get to new listings faster, early to offer and win more deals. 

Coach Tammy Ditomaso has been on my team of investor focused, four time Realtors of the Year Investors since 2015. She’s also known as the Duplex Queen since she’s helped a couple dozen buy, renovate, rent and hold more duplexes west of the GTA than anyone and her knowledge of local zoning is 2nd to none.

Please enjoy the show!

Instagram: https://www.instagram.com/redglassesrei/

Welcome to the Stock Hacker Academy Show! Worry not, this does not replace anything we’re already doing at the Truth About Real Estate Investing for Canadians. You still get weekly real estate focused education and insights.

In addition to all of the weekly real estate episodes, we’re trying out a monthly stock market focused episode. 

The audio for these episodes are taken from our weekly Stock Hacker Youtube Show. We realized that many of you aren’t video people. These monthly Stock Hacker shows will bring you the best information and stock market education we put out on a regular basis. 

This month we cover:

• A beginner’s guide to inflation
• How to make passive income: Stocks vs. private lending

A synopsis for each segment is below.

And if you’re a real estate investor who’s investigating the stock market, we’ve prepared a free guide just for you.

“How Real Estate Investors Find Cash Flow in the Stock Market” is a collection of 5 stories from real estate investors and entrepreneurs just like you who are using stock hacking to augment their cash flow.

Download your free report here!

On to this week’s guest.

Christian Szpilfogel is one smart guy. He’s a former tech executive who worked with Canadian tech billionaire Sir Terry Matthews and he’s implemented a highly analytical and technology based strategy to maximise the returns on his multi family investment.  Christian detailed the top tech apps and devices for ROI in a past podcast so check it out if you haven’t already, the water metre monitor could save you thousands of dollars via early detection of a water leak. 

Christian’s smart on the EQ side as well in his ability to communicate his renovation and development plans with the neighbours to obtain their signed support to get his variances and permits approved. He shares how he’s finding deals, getting offers accepted in multiple offer situations, and even having sellers call him directly.

Cherry and I will be videoing and touring Christians properties in early June as part of our Ottawa tour, we’re in town hosting a casual meetup in Centretown 6pm on June 7th and on June 8th, Cherry will be a guest speaker at OREIO, the big Ottawa networking group at the Infinity Convention Centre. 

OREIO’s Link to register: https://www.oreio.org/event-4738820/Registration

Christian is a good guy, he’s not here to sell anything, his projects are self funded, and please enjoy the show!

Web: www.aliferous.ca 

FB: https://www.facebook.com/AliferousGroup

IG: https://www.instagram.com/aliferousproperties/

On to this week’s show!

We have an incredible story from my old friend Todor Yordanov, one of the first serious real estate investors I met in 2007 and he’s done quite well for himself.

He’s done so well, he’s progressed to helping others, specifically Ukrainian refugees at the border with Bulgaria where he’s from. How his partner Natalia would cry all night when the war broke out and one morning, they dropped everything to get on a plane to go help.

Todor is here today to share how we became a successful investor and Broker, from BRRRR investor to his now focus, pre construction condos.

As I type, Todor is actually on his way back to help Ukrainian refugees.  What a guy!

Todor’s gofundme for charity the Ukrainian Humanitarian Emergency Relief : https://gofund.me/bc23b150

FB: https://www.facebook.com/todor.yordanov.real.estate/

Linkedin: https://www.linkedin.com/in/todoryordanov/

Instagram: https://www.instagram.com/todor_cityrealtypointboss/

On to this week’s show!  We have Ryan Poole who’s not your average Florida Realtor with 24 years experience. He’s on the show today to share his experience during the housing bubble and the financial/credit crisis of 2007/08 including buying portfolios of distressed properties for cents on the dollar, how current times are different. What typical investments and who are these Florida buyers are. 

We talk about the local amenities, weather, hurricane preparedness, foreign buyer financing, that’s right, us Canadians are the evil foreign buyers this time, lol. 

As mentioned, Ryan is not your typical Realtor, he’s an owner in a tech startup called Realtrade.io, a marketplace for Realtors and real estate. Kinda like Facebook and Realtor MLS in one. I’ll let Ryan explain it.

Anyways, Ryan’s a good guy and I learnt a ton about investing in Florida for a local 24 year veteran of real estate, and hope you do too. Please enjoy the show!

To Follow Ryan:

Web: https://realtrade.io

Instagram: @realtrade_inc

Facebook: https://www.facebook.com/RealTradeInc

On to this week’s show!

Today we have an old friend of mine Moe Hansrod who’s been in real estate since the early 2000’s as both investor and property manager. Moe is currently an owner of KW Property Management (KW stands for Kitchen Waterloo, not Keller Williams) with around 2,000 doors, 600 clients, mostly with single family homes w/ the average investor client owner 3-5 houses. Moe is on the show today to shares some truths about real estate investing including having to pick up the pieces after what out of town Realtors promised to investors in terms of over inflated tenant profiles and over rents by as much as 25%.

Moe is also an investor in Realmeproperty, a startup, real estate, financial technology company offering block chain based, affordable investing opportunities in cash flowing real estate.  Moe’s young friends Akshat and Rishard who are super bright and going places are here to explain what is a fractional ownership of investment properties opportunity.

As always, anything said on this podcast is for educational, maybe entertainment purposes and not an endorsement or any investment. For investment advice please seek professional advice from a financial advisor for which me and my guest are not.

My unprofessional opinion? I’m excited for where RealMe goes as I and I’m sure many of you would like an opportunity to early exit a portion of our investment properties one day while offering opportunity to those with smaller amounts of capital to invest because everyone needs exposure to hard assets.

Please enjoy the show!

• https://www.kwproperty.com/
• www.realmeproperty.ca

• www.realmeproperty.ca
• https://www.facebook.com/realmehomes
• https://www.instagram.com/realmeproperty/
• https://www.linkedin.com/company/realme-property/

On to this week’s show!

We have a pretty amazing story of Alfredo Hermano who grew up in affordable housing and now he’s building and developing a ton of affordable housing. He's got three buildings on the go for a total of 400 rental apartment units with rents well below market value, and plans to grow that number to ten buildings and well over 1,000 units.  These are investments and part of the investment was crowdfunded via Addy which I think is super cool so even those with smaller bankrolls are able to invest.

On today’s show Alfredo shares how his company 3H Properties Group is able to work with the government to provide subsidies AND his investors a return.

As usual, none of what is shared today is an endorsement.  Please do your own research and due diligence, past results do not predict the future and please seek professional investing advice. Everything shared today is for educational and infotainment purposes and I wish you all success in your investment returns!

• Linkedin: https://www.linkedin.com/in/alfredo-hermano/details/experience/
• Web: https://www.3hproperties.com/
• Youtube: https://youtu.be/U1OaCTuf8L4

Stephen or his business, who’s been featured on HGTV 24 times with Scott McGillivray. More importantly, Stephens real estate experience includes managing 1,200 apartment units in his previous career, then going on vacation to Costa Rica and moving there, now he’s back in Ontario for family, jumping into real estate with both feet in 2014, joining networks, hiring coaches like Ian Szabo and Quentin D'Souza.

Near the end of the interview, we get into detail on what current opportunities look like in Belleville and Stephen’s awkward, celebrity fan moment when Scott McGillivray.

Please enjoy the show!

Email: steve@infinitywealth.ca

Instagram: https://www.instagram.com/iwin_on_the_eastside/

On to this week’s show! I’m super excited to have back on the show my friend Jules Mckenzie who I find super inspiring and unfortunately, I’m just going to warn some of you now, he is a super successful real estate investor having owned a lot of properties and raised millions and millions of capital to buy real estate in Barrie and Orillia but he’s a Police Officer with over 30 years of experience and I know some of you won’t like his opinion about the protests in Ottawa.

Jules shares how he too protested at Parliament Hill and his experience was very different than what happened earlier this year with the trucker and anti covid mandate protests.

We talk a lot about real estate on this show on tips and tactics including previous interviews with Jules so feel free to go back and listen to those. Today we focus more on the obstacles Jules has had to overcome being an indigenous Canadian, growing up on a reserve, substance abuse.

If you’ve ever met Jules, you’ll know he’s one of the happiest people you’ll ever meet and have no idea about his tragic past but he refuses to live the life of a victim and his living proof of how important mindset is as Jules has achieved immense financial success.

If you do enjoy the show which I think you will, please look up Jules Mckenzie on Facebook or Instagram and send him a message letting him know you want to read his book. I don’t think he needs the encouragement but just in case as I believe his book will help a lot of people. More than just our 17 listeners for sure.

Please enjoy the show!  

Now for those of you with deeper pockets and want to be developers closer to home, we have my old friend Pierre Paul Turgeon returning to the show.  A former industry insider as an underwriter at the CMHC, active investor, and real estate expert in the apartment building space, who has analyzed 100s of large, lucrative multifamily investment deals all over Canada.

As a good Canadian, Pierre Paul wants to help build more housing and believes it is developers in Canada who have the greatest potential for success and he’s here to share about the latest Federal programs for developers no one is talking about. I’d never heard about these programs so if you’re a developer, builder or plan to be, you’ll have to give this episode a listen.  Developers are who the federal government wants to support because they build housing we so desperately need. Landlords? Not so much. 

To connect with Pierre Paul, email him at  ppturgeon@maoki.ca

Or his website www.multifamilyinvestingcanada.com where he offers free resources and a paid, in depth detailed courses on apartment building investing.

Please enjoy the show!

Since 2008, I’ve witnessed several epic collapses of real estate investment companies. Some small, some still in court for hundreds of millions. Several private lenders, even mortgage brokerages who originated the private lending have deals go bad. 

In speaking to friends who had invested with Epic Alliance, a Canadian real estate company that recently collapsed, the passive investors are now actively scrambling and taking over control of the properties. 

As Warren Buffet said, “only when the tide goes out do you see who’s swimming naked.”

Please enjoy the show!

The path to success is not a straight line.  This week’s guest Cory Sperle is a perfect example having started in a career working in the oil sands, invested in Alberta in pursuit of cash flow instead of close to home in Kelowna, BC, through the peak and collapse of oil prices and with it, real estate prices. We talk about the differences in investing between Saskatoon and Edmonton, Cory’s experience investing in 10 apartment buildings, six of which other investors put up the capital.

Cory is kind enough to share his truths about real estate investing including working for free and even coming out of pocket during the down years of the Edmonton market. 

Cory is a multi family educator with his 6 Pillars of Multifamily Success program and he’s getting into events and hosted in March called the real estate outlook - 2022 and beyond.

We go into detail on how he structures joint ventures near the end and the lessons doing so and you don’t want to miss it!

Please enjoy the show!

Georges and I used to work at the same real estate brokerage called Rock Star Real Estate owned by my good friends Tom and Nick Karadza.  I’m still at Rock Star, Georges has moved on to Keller Williams.

He’s on the show today to share his journey from getting fired from his first job out of University and transitioning into real estate full time.

He’s hustling as you’ll hear from the interview.  He’s driving around and targeting small multifamily properties to acquire with partners. How she sold his wife’s home, a condo during the pandemics and used the proceeds for two multifamily properties.

Georges shares how he’s finding deals, the strategies used and success rate.  No it’s not easy, Georges makes it look easy and that’s what this show is about, sharing the truths about real estate investing. It’s not all roses but those with the hustle and resiliency will win out.

https://welloffpodcast.ca/

FB: https://www.facebook.com/georgeelmasriWO/

IG: @welloffx