We have a long-time friend of the show Kayla Andrade, President of Ontario Landlords Watch, a grass roots, not for profit organisation, there’s almost 10,000 Facebook group members. Kayla has been advocating for landlords ever since her local city passed a by-law that if a tenant doesn’t pay their water bill, said debt gets applied to the landlord’s property tax.  Got to love how landlords are expected to back stop the tenant’s debt. Kay is here to share about best practices and how we may advocate for our rights so we may all come together to make a healthier rental market for everyone including the vast majority of tenants who are great.  We discuss challenges we face, how she’s pausing growing her portfolio, and the always amazing, upcoming Ontario Landlord Watch Conference on October 28th, doors at 1pm and dinner is included. I’ll be there along with many wonderful speakers and a certain member of Parliament Kayla announces for the first time on this show!! Link to receive more information and tickets available here: https://www.eventbrite.ca/e/ontario-landlords-watch-5th-annual-private-housing-sector-conference-tickets-681955085017?fbclid=IwAR2BgiOKha4BOJhFvCHjY9MSN7UwA2AUISHy-tUsPRgMZO6hqNOUlpajMUI Again that’s Saturday Oct 28th, doors at 1pm, my friends from SingleKey and Front Lobby will be there too. Dinner buffet included! Please enjoy the show, I present to you Kayla Andrade. To Follow Kayla: LinkedIn: https://www.linkedin.com/in/kayla-andrade-b4855648/?originalSubdomain=ca Facebook Group: https://www.facebook.com/groups/818378618219840 Personal FB: https://www.facebook.com/Kayla.Andrade.olw Website: https://ontariolandlordswatch.com/

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!

In this episode, I am breaking down the newest updates from the Bank of Canada on what's happening with interest rates. There’s talk of a possible recession and the economy slowing down, and we're here to get to the bottom of it all.   Using fresh info from Stats Canada and the Bank of Canada, I look at how the continuous increase in interest rates is affecting not just the big picture, but our day-to-day lives too. From what we are spending at home to what's happening in the housing market, we’ll see how big world events, like China's economy slowing down and wildfires here in Canada, are having a ripple effect on our economy.   We will also go step by step through the newest facts and figures from the Toronto Regional Real Estate Board, all fresh from August. Whether you’re thinking of buying a condo or a standalone home, I've got the latest scoop on trends, prices, and tips for both buyers and sellers to help you make the best decision.   So sit back and enjoy the show as we unravel what’s really happening in the Canadian real estate market, making it simple and easy to understand for everyone.

On to this week’s show!  As always, I look to bring you a variety of guests to share their unique experiences and journeys. Today we have old friend Greg Habstritt back on the show to share what he’s up after dominating the influencer scene, owning a $100 million dollar real estate portfolio, going through dark times both economically and personally.  He invests in Calgary Alberta afterall. To his current personal interest and finally aligning his personal passion with curing mental health via medial psychedelics. Greg and I are not medical doctors so none of this should be taken as medical advice so please speak to your own health professional.  Greg does share his own out of body experience, flashing back to his childhood trauma allowing him to understand his adult insecurities. This episode is not for everyone, we have hard core real estate guests all the time, you may want to check out a past episode if that’s more your liking but if you’re into bleeding edge or want to better understand yourself how a childhood trauma helped shape who you are today or learn about the best big thing after Cannabis then you’ll enjoy this episode with Greg who is a super smart dude. His website is https://alightment.com/ Please enjoy the show.

If you follow the real estate news in Canada as much as I do on paid and free sources as much as I do then you will have already heard of my guest this week in Ron Butler who started in the Mortgage Brokering business just after the housing crash happened in the late 1980s and his business Butler Mortgage is one of the largest Mortgage Brokerages in Canada. Ron is known as the Angry Mortgage guy. His podcast is literally called Angry Mortgage where he rips on all the things wrong about real estate in Canada on both his podcast and to his 56,000 twitter followers where he has no filter so I’ll warn you now, there is some adult language not appropriate for the young ones during our episode. Ron is also a regular expert who is regularly interviewed on pretty much all the major, mainstream news outlets.  He’s here today to give you an insider’s view on why this current housing market is different than the crash of the late 80’s, who’s actually buying real estate today, advice to young people who don’t have rich parents, how he called my strategy of buying houses for my kids a sickness and ridiculous.   But before we get to Ron, I do hope you’re all having a great summer and getting ready for what will be an opportunistic fall/winter!  For buyers, this will be as good as it gets before rates peak and the rhetoric from the Bank of Canada is pause and rate cuts. For sellers, the smart, motivated, those who cannot hold on for the next year or two while rates are higher.  They will successfully exit or else be stuck holding the bag till the spring. I’ll be sharing more of my research, what our clients and I are investing in including the stocks I’m buying on the cheap if there’s interest at the September iWIN Meeting Tuesday night, September 19th for those interested in the truth about what successful, everyday investors are doing with their investments.  We have a big time developer how they can still make money in this market, how folks can participate in the development and building of preconstruction without having to take possession of a property because personally, I wouldn’t want to own, rent out, pay out of my pocket massive negative cash flow. I’d rather make money alongside the developer and only risk my investment. Unfortunately, some preconstruction investors did not realise they can lose more than their investment if the property drops more in value than their deposit. If you’re already on our email newsletter, you’ll see we’ve already announced the event and how to register. If you’d like to be on our email newsletter like the over 10,000+ iWinningest investors in Canada are already receiving to gain that information advantage, go to www.truthaboutrealestateinvesting.ca to stay connected, be informed like a sophisticated investor should. There’s a right way to use leverage and a wrong way and if you don’t believe me, you can hear it from the biggest real estate bear I know personally in this week’s guest, the Angry Mortgage Broker, 30+ year mortgage veteran, Ron Butler! Again, a warning, the language used by Ron to express his opinions are not appropriate for those easily offended, nor children and they are Ron’s opinions, not mine nor that of any of my businesses.  If you do offend easily please skip this episode.  Twitter/X: https://twitter.com/ronmortgageguy Website: https://www.butlermortgage.ca/ Podcast: https://www.youtube.com/channel/UC8vl-_vvvf7VZcxKPJ-v-Xg   In seeking any truth, getting opinions from several expert sources is ideal.    Please enjoy the show!  

On to this week’s show! The Ottawa Senators recently dominated the hockey headlines as it’s been reported they sold for around $1 billion dollars US.  While Bruce M Firestone is no longer the owner, I’m sure he’s proud that what he started has ballooned to a massive success.  Imagine if the Sens had kept future hall of famer, defenceman, Zdeno Chara then the Sens like every NHL team would have a Stanley Cup before the Leafs but I digress. As mentioned before, Bruce has built 1000s of homes, dozens of commercial plazas and office buildings. For fun and to give back, Bruce was an entrepreneur-in-residence at the University of Ottawa’s Business School, Telfer School of Management.  Per his wikipedia, Bruce was a university professor as he does have his Masters in Engineering and a Phd in Urban Economics. Bruce now focuses more on coaching real estate investors as he finds the work really rewarding so he’s here today to share the journey of his super successful career, how to be a successful leader/CEO, how he overcame much opposition to building an NHL arena on farmland, what his everyday investor coaching clients are doing to create cash flow in their portfolios.   The industrial land, co sharing, garden shed workshop strategy is particularly fascinating.  That’s all on one property by the way. Pay particular attention to that part as that same real estate startup is now for sale for a couple million dollars. Please enjoy the show.   To connect with Bruce you can find his information on his website: https://brucemfirestone.com/  

On to this week’s show where we discuss deflation and how to be on the winning side of AI. Our guest Nicholas Ning likes solving complex problems making them easy to understand and creating value.  Over the last 10 years, he’s worked for Fortune 500 companies on multi-billion dollar projects around the world in strategy, finance, design, and marketing. He’s also been hired by real estate companies, big time developers to design business models using numerous AI tools to design and market real estate projects and he’s here today to share how we small investors may learn, borrow some of these ideas for our own businesses. Nicholas shares the story of using an AI tool to break into his bank account, what him and the bank’s CEO discussed, why the hype in AI is justified, tools he used to build a business a website to sell furniture in 15 mins for what a traditional Marketing firm would want $35,000 to 60,000 for. The moment Nicholas say the writing on the wall his day job was at risk to AI and resigned. What he’d be teaching his children (if he had some) to prepare them for the AI revolution and the question we investors are all asking, “are real estate investors safe from Ai?” Me personally, I’m using AI tools quite frequently these days and don’t see myself ever going back.  I can’t recommend enough that everyone pay attention to what’s going on and this episode is a great place to start your journey so feel free to share with anyone you care about.  I’m subscribed to Nicholas’ free newsletter and you can find it at https://gptea.beehiiv.com/ and his Ai consulting firm’s website www.farpointhq.com Please enjoy the show.

We have my friend Darvin Zurfluh who has a huge private equity brokerage called Pinnacle Wealth Brokers.  If you’ve been around the investor community, you’ve likely seen them around at events but today we have the founder of the company joining us from Calgary, Alberta. If you’re not familiar with private equities, well you need to be as good as private equities is part of the reason you’ll hear me say, it’s better than ever to be rich as the options for investing have never been so good and available. I was introduced to Darvin when I asked my own Pinnacle Wealth Broker representative Steve Blasiak for a large scale podcast guest in the recreational investment space since so many of my listeners are interested in AirBnb. Darvin having been in the investment industry since 1997 starting out at the bank, has since progressed to owning a couple hundred acres, hundreds of RV sites, cabins, campgrounds, a hotel, a golf course.  Darvin details the story behind the purchase of the golf course, the analysis, and value add strategy which I find particularly fascinating. This is a fascinating interview into entrepreneurship in the private equity, real estate investing space at large scale that is also available to middle class investors to participate in passively. Active or passive investors will appreciate this interview and if you enjoy it, Darvin has confirmed as guest speaker at the online, November 21st, monthly iWIN Meeting. There Darvin will go more into detail what private equity investments are, how to start one to raise capital, and the story behind starting his recreational properties investment fund so make sure you’re on our email newsletter like the over 10,000 plus iWinningest investors in Canada at www.truthaboutrealestateinvesting.ca. As we are discussing securitized investments please enjoy the show both the show and this legal disclaimer as required by the iWIN Legal Department. If you’d like to learn more about investing with Darvin’s company Pinnacle Wealth Brokers: Steven Blasiak Dealing Rep – Exempt Market Pinnacle Wealth Brokers Inc. 7 Kingslea Gardens Toronto, On M8Y2A7 Phone: 416 464 3085 [email protected] Book an appointment with Steve - https://calendly.com/steven-blasiak/30min www.pinnaclewealth.ca Disclaimer: The information and opinions expressed in this podcast are solely for educational and informational purposes and should not be considered as investment advice. The hosts and guests of this podcast are not licensed financial advisors, brokers, or registered investment advisors, and their comments should not be construed as recommendations or endorsements of any specific investment, security, or strategy. Investing involves risks, including the possible loss of principal. Before making any investment decision, you should conduct your own research and consult with a licensed financial advisor to determine the suitability of any investment for your specific financial situation and investment goals. The hosts and guests of this podcast make no representations or warranties as to the accuracy, completeness, or timeliness of any information discussed in this podcast. The podcast is not responsible for any errors or omissions, or for the results obtained from the use of this information. Listeners are advised to use their own judgement and seek the advice of professionals before acting on any information provided in this podcast. The podcast shall not be liable for any damages, including but not limited to direct, indirect, special, or consequential damages arising out of or related to the use, inability to use, or reliance on any information provided in this podcast.

On to this week’s show! Tim JP Collins is an old friend of ten years or so, one of our most successful clients and has achieved the cash flow goal almost every new investor has when we first meet with them. $100,000 or more passive cash flow per year so they can vacation more, not worry about money, retire their spouse, etc… Tim is back on the show to update us on his journey from high paid, high stress Tech Sales Executive to being debt free, over $10k cash flow per month from his stock portfolio, and being a full Realtor on his terms at REAL Broker. Ever since I’ve known Tim, he’s done things differently. He invested in himself heavily by hiring a coach, getting educated, taking massive action, buying student rentals, several with joint venture partners.  As a Realtor at REAL Broker, it’s just him and his admin assistant. No team, no plans to build a team so less moving parts and people to manage.  Tim likes making money and keeping his life simple which I think we all want more of in our lives. He’s a father of three boys, husband, debt free living in the lovely Nanaimo, BC, Brazilian Jiu Jitsu white belt and has much to teach us all. If you enjoy the show you’ll want to tune in when Tim is our guest speaker at our Tues, October 17th iWIN Meeting. 7:30 pm EST. I’ve asked Tim to present on how he built his 7 figure bank roll in real estate and what he now invests in to generate that $10,000+ cash flow per month.  He’ll also share his experience belonging to REAL Broker including saving money on commission splits and their revenue sharing program.  So save the date! 7:30pm EST, October 17th iWIN Meeting. Online only as Tim will be joining from Nanaimo, BC. Got to love technology! Please enjoy the show!   To follow Tim JP Collins: Instagram: https://www.instagram.com/timjpcollins/?hl=en LinkedIn: https://www.linkedin.com/in/timjpcollins/?originalSubdomain=ca Facebook: https://www.facebook.com/timjpcollins/

On to this week’s show! Today we have a full time real estate investor who’s really really smart. I’ve known Christian for a couple years but only in this interview do I get a better understanding of how he transitioned out of an executive position in the tech industry into a full time investor. What’s especially interesting is how Christian originally capitalised his investing and how he found a bunch of cash flow, enough to replace his job income in mixed commercial/residential real estate.  If you’re a geek like me, you’ll enjoy this episode as I can’t think of anyone off the top of my head who’s as successful in mixed use commercial/residential… the worst commercial too: retail, yuck! In my experience, financing is expensive when investing in mixed use but Christian has cracked that nut so if you want to learn the truth about how someone replaced their job income with real estate cash flow from operations you’ll want to take notes, listen to this episode more than once. You can find Christian on the web: https://aliferous.ca/ or instagram: https://www.instagram.com/aliferousproperties/, facebook and LinkedIn @Aliferousproperties.  FYI Aliferous means to have wings. I’ll ask Christian to explain why he chose the name on part 2 of this interview but I’m guessing if you want your retirement planning to have wings, then invest in real estate. Please enjoy the show!

On this week’s show we have a very real conversation with full-time, professional investor Austin Yeh who does it all: wholesales, flips, BRRR’s, negotiates his own cash for keys, podcaster, meetup host and it’s not all pretty. Austin shares how he’s had to rebalance his portfolio, wholesaling market slow down, which are short-term problems as he’s successfully transitioned out of his corporate job in Feb 2022 to investing in Windsor, Sudbury, even downtown Toronto. Austin shares how he got started networking at local investor groups, connecting with locals to build out his teams.  We walk through the numbers of a couple deals and Austin doesn’t candy coat the challenges that come with buying ugly properties including a case of arson where his property was intentionally burnt down by criminals, the phone call his partner received from the police, the sleepless nights if the insurance would get paid out… How his target markets and properties have evolved over his career.  This is a very real, truth about real estate investing episode where problems are not always worth the profits.  Hopefully you, my friend, one of our 17 listeners can takeaway how to improve upon your real estate business, leverage the lessons from this episode and the 300+ episodes before this one. To follow Austin Yeh, you can find him on Instagram @AustinYeh6 or Austin’s podcast and meetup network @risenetworkevent. Please enjoy the show!  

This week we have our friends from Calvert Home Mortgage Investment Corporation back to give an update on the private lending/mortgage market including lessons from the downturn: e.g. what did in default real estate investors do wrong have in common so you the listener, my clients and I may avoid the same mistakes. Please keep in mind, real estate investing can easily be done wrong and less right.  Ask anyone who speculated on pre-construction and is negative cash flowing or does not have the means to close.  Long-term, that could be a fine investment but most can’t handle today’s interest rates and strict lending guidelines. Anyways, on today’s show we have Garret LaBarre, Underwriter at Calvert. He’s the guy who actually reviews mortgage applications from a risk perspective and determines if they’ll lend and Jesse Bobrowski, who is Vice President of Calvert. One of the magical things about real estate investing is the asset is so good that banks will lend me a lot of money which suits my objective of keeping the deal and equity to myself. This is why learning about all your financing options is key to being a successful investor BUT debt is a double edged sword as your risk is greater as you’re about to hear about in this interview. Such is the truth about real estate investing. Since Jesse and Garret live and invest in Calgary, they share a market and economic update on Alberta which I know is a hot topic for investors. As we do discuss securitized investments, here comes the disclaimer.  You can check out Calvert at https://chmic.ca/.  Please enjoy the show!   The information and opinions expressed in this podcast are solely for educational and informational purposes and should not be considered as investment advice. The hosts and guests of this podcast are not licensed financial advisors, brokers, or registered investment advisors, and their comments should not be construed as recommendations or endorsements of any specific investment, security, or strategy. Investing involves risks, including the possible loss of principal. Before making any investment decision, you should conduct your own research and consult with a licensed financial advisor to determine the suitability of any investment for your specific financial situation and investment goals. The hosts and guests of this podcast make no representations or warranties as to the accuracy, completeness, or timeliness of any information discussed in this podcast. The podcast is not responsible for any errors or omissions, or for the results obtained from the use of this information. Listeners are advised to use their own judgement and seek the advice of professionals before acting on any information provided in this podcast. The podcast shall not be liable for any damages, including but not limited to direct, indirect, special, or consequential damages arising out of or related to the use, inability to use, or reliance on any information provided in this podcast.

On to this week’s show! We have Hart Togman, owner, founder of Rent Panda who’s been helping our clients locate tenants for my clients’ investment properties. How good is Rent Panda? Hart tells me they’ve had one non-payment of rent issue among 900 to 1,000 successful leases.  That’s pretty darn amazing so if you want to know how to be a successful landlord with paying tenants you will want to listen to this episode.  Rent Panda also now offers Property Management Services and Hart shares step by step how to create a rental ad and how to automate as much as possible how to handle the deluge or responses because if you bought right like our 350+ clients, your property is in high demand. Please enjoy the show! You can find Rent Panda at their website: www.rentpanda.ca, Facebook: https://www.facebook.com/RentPanda/, and Instagram: www.instagram.com/rentpanda

Ming is a Toronto Real Estate Expert and head of Volition Properties’ Investment Realty Services having helped clients accumulate $200,000,000 worth of income properties in the City of Toronto from condos to mid size apartment buildings, specialising in small multifamily in top neighborhoods. Ming is here today after Olivia Chow won the Mayoral race of Toronto and vows to build a more affordable city.   To follow Ming: Instagram: https://www.instagram.com/volitionproperties/?hl=en Website: https://www.volitionprop.com/

Nick Karadza is a real estate investor who discovered the power of leveraging real estate through "boot camps." Starting at 21, he bought, renovated, and flipped properties for profit but realised it wasn't generating the desired cash flow to replace his job income and it was a lot of work.  Nick shifted to rental properties, achieving monthly cash flow and recouping his investment. Nick founded Rock Star Real Estate Brokerage Inc. and the Rock Star Inner Circle with his brother to assist real estate investors. Nick publishes a newsletter, shares online articles, teaches classes, and holds events for their 1,000+ members and co hosts the Your Life, Your Terms podcast. Nick remains an active real estate investor, consumes endless economic news and collects some silver, gold and bitcoin. Please enjoy the show!   To follow Nick Karadza: Rock Star Inner Circle Website: https://rockstarinnercircle.com/  Live Class Investor Training: https://rockstarinnercircle.com/erwin/ Note, if you would like to work with Erwin’s team and save 50% off the Initiation fee, use case sensitive discount code ERWIN Podcast: https://rockstarinnercircle.com/podcast/

Kellan James was recommended for this podcast by my wife’s team at Real Estate Tax Tips.  You see, Accountants know who are actually successful at making money hence Kellen is our guest today. Kellan has successfully transitioned out of his corporate job. His timing for explosive growth was well timed, his deals were profitable and well executed including his more recent deleveraging stage of consolidating his portfolio, paying off more expensive private mortgages to manage cash flow. Kellan shares how his journey started, the importance of coaching early on, his group of 13 real estate friends, and how Kellan proceeded to grow both his portfolio and coaching business too fast leading to burn out. I invited Kellan onto the show over a year ago but I caught him during his social media black out period and he’s finally here today to share the ups and downs, realities of becoming a full time real estate investor. Please enjoy the show!   You can follow Kellan at: Website: https://www.kellanjames.ca/ Instagram: https://www.instagram.com/kellan.james/

You know about the downturn we just experienced and like many of you, I was curious how private mortgage companies fared so I reached out to Kyle Ford whose company manages $150 in private mortgages. Kyle tells it like it is, he shares how many mortgages went sideways, what the lessons were, how Kyle and his staff put time and money into taking over failed BRRR’s and flips to finish projects and sell them off and make his clients whole. Why? Because it’s the right thing to do. Treat other people's money better than you treat your own. If you won’t invest your own money into your project and you can’t pay people back when deals go bad, don’t use other people's money. If you don’t believe me, ask bankrupt investors how much those other people who invested in them hate them and want their money back. Debt is cheapest like first mortgages, VTB’s, you don’t give up control hence that should be one’s first option. Back to Kyle’s interview, we journey back to when he was a alternative financing borrower investing in value-add real estate as his deals needed short term money, taking courses on investing including buying, renovating, renting out, financing.  Then the 2017 mortgage stress test happened and Kyle had limited options for financing but he needed mortgage money. As the saying goes, necessity is the mother of all invention, Kyle found other sources of private capital, started brokering his own deals, yada yada which Kyle will explain he now manages his own fund with $150 million dollars under management. It’s never all sunshine and rainbows as mentioned some borrowers went sideways and Kyle shares how those deals went so we may all learn from Kyle’s lessons in a downturn. Kyle has a contrarian opinion of promissory notes as well so you don’t want to miss this episode about the truth about being a private lender. As we are covering securitized investments here comes the disclaimer I used Ai to write and a separate Ai tool to voice all for free.  Saves you all from hearing me stumble and mumble 🙂    To reach out to Kyle and company: Website: www.capgapMFT.com Email: [email protected]   Please enjoy the show.   Disclaimer: The information and opinions expressed in this podcast are solely for educational and informational purposes and should not be considered as investment advice. The hosts and guests of this podcast are not licensed financial advisors, brokers, or registered investment advisors, and their comments should not be construed as recommendations or endorsements of any specific investment, security, or strategy.   Investing involves risks, including the possible loss of principal. Before making any investment decision, you should conduct your own research and consult with a licensed financial advisor to determine the suitability of any investment for your specific financial situation and investment goals.   The hosts and guests of this podcast make no representations or warranties as to the accuracy, completeness, or timeliness of any information discussed in this podcast. The podcast is not responsible for any errors or omissions, or for the results obtained from the use of this information.   Listeners are advised to use their own judgement and seek the advice of professionals before acting on any information provided in this podcast. The podcast shall not be liable for any damages, including but not limited to direct, indirect, special, or consequential damages arising out of or related to the use, inability to use, or reliance on any information provided in this podcast.

Have you met Steve Phillips? He’s a member of my team, the four time award winning iWIN Real Estate. Right out of school he worked for one of the largest condo management firms in the GTA, he’s a serial entrepreneur, had a construction business, real estate runs in the family as the Mrs. is a designer. Steve is well known in the Durham region as well within the investor community having been coached by, and taken courses by Quentin D’souza.  If you know Steve like I do, he doesn’t sleep until his clients have a great deal under contract and he’ll be sharing how he’s been doing so along with the numbers behind the deals. You can reach out to steve at [email protected] if you’d like to book a call or tour.    To book a call with Steve: https://calendly.com/steve-1502iwinrealestate/30min On Instagram: https://www.instagram.com/iwin_on_the_eastside/

We have my old friend Aaron Moore on the show who is an extremely successful real estate investor, wholesaler and flipper. Aaron and I met monthly to mastermind for three years so I know him well and can verify he’s a nice guy and he’s much more successful than many of the real estate influencers on Instagram. Aaron is the only wholesaler I know who guarantees the purchase from the seller including the time he got caught in the downturn, knew he was going to take a loss and did it anyways. Aaron takes us back to 2008 when he would deliver hundreds of fliers and hang bandit signs, you know those unauthorised sings on traffic lights saying “I Buy Houses.” Soon after successfully cracking the Google SEO and Ads code back in 2010, Aaron’s one of the best at generating leads for off market properties.  Hence he can wholesale 66 properties in a year. Aaron walks us through how he grew his organisation, number of employees, his journey from harder deals to easier for long-term holds, what he thinks of the current market, several pro tips, and if you can believe it how a scammer impersonated a seller leaving Aaron in limbo as the “new owner” According to Aaron, these scams are becoming more common so you do not want to miss this episode, listen to the end. To follow Aaron, his website for investors is www.housedealsgta.ca and for sellers www.gtahousebuyers.ca Please enjoy the show.

We have great guests who just launched their new apartment building REIT, a real estate investment trust. If you don’t know what that is, it’s like a fund where the underlying is a bunch of apartment buildings and regular investors like you and I can own shares in the fund to participate in the investment.  Mike Rockall and Mark Baltazar our guests today are the founders/owners of Peak Multifamily Investments and I’ve known Mike a long time, we met sometime around 2010 as we were members of the same real estate investing network.  I know I talk like an old person because I am but I knew Mike when he was still in college but thanks to hard work, surrounding himself with go-getters, great mentorship he’s been full time in apartment buildings for several years and now co-founder his own REIT. On the show we discuss the journey and get a bit detailed in how and the costs to start a REIT, who they have to hire and partner with to raise capital. We touch on securities regulations which anyone listening who raises capital should pay special attention if you want to stay out of trouble with our securities commission.  if you’re ever looking to partner as Mike and Mark share how their partnership works, roles and responsibilities, how they organise their business and of course we break down some recent deals and discuss the make up of their portfolio, cap rates how they increase value.  Something I want folks to pay attention to is cash flow and I want to thank Mike and Mark for being transparent on where the cash flow comes from as it’s not what many people think. You can learn more about their business, Peak Multifamily Investments at https://peakmultifamily.ca/ As we are discussing a securitized investment, here comes the legal disclaimer. The information and opinions expressed in this podcast are solely for educational and informational purposes and should not be considered as investment advice. The hosts and guests of this podcast are not licensed financial advisors, brokers, or registered investment advisors, and their comments should not be construed as recommendations or endorsements of any specific investment, security, or strategy. Investing involves risks, including the possible loss of principal. Before making any investment decision, you should conduct your own research and consult with a licensed financial advisor to determine the suitability of any investment for your specific financial situation and investment goals. The hosts and guests of this podcast make no representations or warranties as to the accuracy, completeness, or timeliness of any information discussed in this podcast. The podcast is not responsible for any errors or omissions, or for the results obtained from the use of this information. Listeners are advised to use their own judgement and seek the advice of professionals before acting on any information provided in this podcast. The podcast shall not be liable for any damages, including but not limited to direct, indirect, special, or consequential damages arising out of or related to the use, inability to use, or reliance on any information provided in this podcast. This is a really great episode for anyone interested in learning about large scale investing so please enjoy the show.

On to this week’s guest who’s tired of the real estate craze! At least the craze has died down a little with several education companies and coaches having disappeared.  Such is the real estate cycle, weak hands get flushed. We have Dominique Chénard owner of Chenard Wealth who provides managed investments, financial planning, insurance, group benefits, and Accounting Services.  She is CFO of her four rental property business to her husband who serves as COO with a plan to stop growing the portfolio at five properties. Even though Dominique attended a weekend course years ago and hired a coach for two years… well, I’ll allow her to explain how she does not follow the hype of aggressive growth, wants to balance her life, running her own business plus all the non-real estate stuffs she invests in, plus we chat about why she hires an Accountant even though she is one, and how she’s fighting inflation.

We have Matthew Lee and Ming Lim, the owners of a full service real estate business called Volition Properties who happen to host the largest meetup in Toronto and if you can believe it, them and their community successfully invest in Toronto and we’re not talking about condos, we’re mostly talking about small multifamily including significant renovations to add apartments including laneway suites since 2012.  If you’ve been investing the right way in Toronto since 2012, you’re likely rich like these guys and their clients who’ve added collectively over $100 million to their net worth.   Volition offers advisory services, investment realty services, design & renovation AND property management services.  These both also have good size portfolios, wives and young kids.  How do they do it? Let’s find out! If you enjoy the episode, Volition is hosting a meetup Wednesday, May 17th, doors at 6pm on the Danforth. Link in the show notes to register and the keynote speaker is one that’s not to be missed! https://www.meetup.com/volition/events/292670679/   To follow Volition Properties’ Matthew and Ming: Meetup.com: https://www.meetup.com/volition/ Website: https://www.volitionprop.com/ PHONE: 1-833-416-BRRR EMAIL: [email protected]

Today’s guest Michael Ponte is an old friend of mine, us old guys who’ve been buying properties and REIN members over ten years ago. We’ve known each other and run in the same circles what feels like forever and forever is the perfect time horizon to own real estate.  Michael owns, with partners Apartment buildings across the country: BC, Alberta, New Brunswick, Nova Scotia, probably Saskatchewan too. Michael is a Savvy Investor and that’s his social media handle and name of his private Facebook Group with over 5,200 members. Michael being old school, he’s investing successfully in the multifamily apartment building space, has no trouble raising capital and educates others how to do so as well while living in BC but most of his portfolio is out of province.  On today’s show Michael shares how he’s navigating today’s interest rates, how multifamily is fast money, i’m kidding, it’s not. He walks out through the numbers of a couple of apartment buildings including how he found the deal. The different phases and costs during the due diligence process, seller financing, screening joint venture partners, what the biggest mistake an investor can make when buying apartment buildings and if you wait till the very end, how a new investor can get started. If you’re interested in investing in apartment buildings, this is a must listen to episode and I’m sure there’s many of you since the ticket sales to Seth’s Multifamily Conference are massive. I’ll be there at my booth if you want to come by and say hi. www.multifamilyconference.ca and my discount code for you my 17 listeners is iWIN for 10% off.  See you there!   To Follow Michael: Private Facebook Group: https://www.facebook.com/groups/341243106757064/ Instagram: https://www.instagram.com/savvy_investors/ YouTube: https://www.youtube.com/channel/UCaQp30lGnYUagTI77CmFKog?view_as=subscriber  

On to this week’s show! We have Matt Biggley who is doing some very profitable investing in the Windsor, Ontario area now with a portfolio of 31 doors and some waterfront small developments and luxury short term rentals. Key to Matt’s journey are successful partnerships so we spend some time on how to identify strategic, long term partners. Matt Biggley describes himself as a lucky husband; a girl Dad from a family of all boys; a reluctant renovator who once had a chance at an HGTV show; a History teacher once named the Best Teacher in Ontario, but who couldn’t remember names and dates; a top Windsor-Essex based realtor who got his license as a side hustle but has quickly become a top earning agent; and an experienced investor with an Airbnb and 31 long term rental units, who hates flips but is still dumb enough to occasionally do them anyway. Despite telling his wife prior to getting married that he didn’t like renovating, he once lived in 6 “forever” homes (aka “fornever homes”) in 8 years, taking on massive renovations, which his wife Leslie documented on her way to amassing almost 60,000 Instagram followers and appearing in Better Homes and Gardens magazine, the Toronto Star and on many top design sites. Matt is a big believer in the power of partnerships, scaling to a 31 door portfolio with his brilliant partner Kyle Pearce and their company North Shore Properties.  In 2021, he was invited by Doris Lapico, a renowned Windsor Realtor, to partner in the creation of The Real Group, a real estate team that has quickly became one of the top teams in the region.  Matt loves to learn, a little too much sometimes; his favourite book is called "Getting Things Done" and he prefers podcasts to the radio in the car, which his family finds incredibly boring.  In light of of grieving his youngest brother Ben’s suicide during the pandemic, Matt has awoken a renewed gratitude for life, a passion for self-improvment, and a determination to provide his family with the best life possible. To Follow Matthew Biggley: Instagram: mattlovesrealestate Website: www.therealgroup.ca Podcast: www.investedteacher.com

On to this week’s show! This week we have Matthew Varga who together with his wife Nikole have several six figure ventures: a YouTube Channel HealthNut Nutrition Inc. with almost 1,000,000 subscribers for which they generate ad revenue, show sponsorships, and an engaged audience to market their ecommerce store towards.   A growing portfolio of real estate investment properties include some that are AirBnb AND Matthew is doing what’s called AirBnb arbitrage which means he’s the long term tenant to other investors then furnishes and operates an AirBnb business in the property to make money to pay the rent and keeps any remaining profits. AirBnb arbitrage can be a great way for newer investors to break into the market but not without risk.  Matthew was kind enough to detail his wish list of features in order to command great rental rates before taking on an AirBnb arbitrage opportunity. Matthew also recently returned from Florida as he nows spends winters there to both avoid our cold winters, goes looking for real estate opportunities, and shares how he’s able to do so. Adam our Podcast Producer, said this is one of the best interviews I’ve done. Me, I have no clue what I’m doing hence we’re stuck at 17 listeners but Matthew is young and successful so I can’t recommend enough that you have a listen and take notes.   To Follow Matthew Varga: Linktree:  https://linktr.ee/matthew_varga YouTube: HealthNut Nutrition https://www.youtube.com/@HealthNutNutrition

On to this week’s show! Today we have the host of the mega conference the Multifamily Conference, Seth Ferguson, on the show. If you were at the event headlined by Kevin O’Leary last year you know it was a really great one and this year, Seth has been inspired by 10X with headline speakers Grant Cardone and Alex Rodriguez who is best known for his successful baseball career. At one time being Baseball’s highest paid athlete, more recently on television’s Shark Tank and he’s a mega apartment building investor himself. The event will be a big one with somewhere around 2,000 attendees from all over North America expected for a three day event. I’ll have a booth there so please come by and say hi or I’ll see you at one of the evening events or lunch or breakfast. I do enjoy networking and if networking is your thing then you’ll likely want to be at Canada's largest investor conference of the year. Seth here today to share about what it takes to run a successful conference, what one can expect, how there is something for everyone both beginner to mogul. There’s even a whole day dedicated to beginners on the friday and if you like VIP treatment then Seth has you covered with exclusive networking events at exclusive venues but I’ll let Seth explain them to you. Seth is also working on some investment stuffs he’ll announce at the conference but you’ll get a sneak peek on today’s show.   Now for the disclaimer the lawyers want me to read  The information and opinions expressed in this podcast are solely for educational and informational purposes and should not be considered as investment advice. The hosts and guests of this podcast are not licensed financial advisors, brokers, or registered investment advisors, and their comments should not be construed as recommendations or endorsements of any specific investment, security, or strategy. Me personally, my team of coaches and I are licensed Realtors of Rock Star Real Estate Brokerage Inc., proud to be. While easy to obtain the same licence, not all are the same, our rates are inline with the market but we’re four time winners as Realtor of the year to real estate investors with 50 or so, self made millionaire and multi millionaire clients.  Investing involves risks, including the possible loss of principal or worse. Before making any investment decision, you should conduct your own research and consult with a licensed financial advisor to determine the suitability of any investment for your specific financial situation and investment goals. The hosts and guests of this podcast make no representations or warranties as to the accuracy, completeness, or timeliness of any information discussed in this podcast. The podcast is not responsible for any errors or omissions, or for the results obtained from the use of this information. Listeners are advised to use their own judgement and seek the advice of professionals before acting on any information provided in this podcast. The podcast shall not be liable for any damages, including but not limited to direct, indirect, special, or consequential damages arising out of or related to the use, inability to use, or reliance on any information provided in this podcast.   To learn more about the Multifamily Conference: Web: https://multifamilyconference.ca/ Instagram: https://www.instagram.com/sethfergusonofficial/?hl=en Facebook: https://www.facebook.com/sethfergusonrealestate  

We have the founder of Property Technology company Viler Lika on the show. He is the founder and CEO of SingleKey and if you haven’t heard of them yet you will want to pay attention to this show as in my experience, they are providing us investors a ton of value at affordable prices. SingleKey is the largest tenant screening service out there with their recent acquisition of Naborly. The majority of the professional investors I know are already using their tenant screening aka credit checking online software as it’s fast, cheap, encrypted, and the reports written in plain english. Even our big local REIT uses SingleKey. Viler is super smart having both degrees in Engineering and MBA from the same Business school I graduated from at Western University in London. On today’s show, Viler shares his journey of starting up a real estate technology business that brought us small investors the same tools the big corporate REIT’s use. SingleKey will even underwriter insurance on the tenant which can be purchased by the landlord OR the tenant. How amazing is that? The rental market is highly competitive is most medium/major cities.  If I had to enter a bidding competition to rent a place, I would insure my rent to set myself apart from the others. Viler is also kind enough to share what features are coming in just a few months to forever change how we screen non Canadians and report tenant rents on their credit/Equifax. This is not an episode to be missed. Please enjoy the show!   As a bonus Viler was kind enough to provide us a discount code “erwin” my name, a five letter word for 20% off a tenant screening, background report that also works on Americans. I’ve included a link in the show notes! 20% off discount code: https://platform.singlekey.com/screen/request?promo_code=erwin

We have Ben Bergen who has acquired 14 properties over a short period of time and has the scars to prove it! Ben is a graduate of one of those many $13,000 per year group coaching programs, spent close to $50,000 and in his words he grew too fast, too soon, ego driven, nearly lost his shirt when he had 3.5 major renovation projects on the go. My observation is if not for Ben’s own sweat, hard work on the tools as he is in construction, he would have ended up bankrupt like some of his coaches and fellow students. In the business world Ben filled both the visionary and integrator role. If his business was Apple, he was both Steve Jobs AND Tim Cook or Steve Wozniak.  As in Jobs could sell big dreams, raise capital but Steve Wozniak had to build the actual computers or Tim Cook had to make the Operations as smooth and efficient as possible. In my study of failed real estate investors, they were incredible at raising capital, their influencer marketing was expert level BUT they could not execute on their vision of on time renovations, on budget in a challenging environment both in construction AND the truth about real estate that no one is talking about, there’s more folks out there than ever trying to raise capital from both veterans and weekend guru workshop graduates BUT passive investors/lenders have dried up.   Back to Ben, if not for some prudent decisions and his skillset, Ben would be in huge trouble hence it’s best you give this episode a listen.  Ben lives and invests in Sarnia, has a construction background, has since left his six figure job and pension behind, and is starting up a property management company with the help of coach Elizabeth Kelly.  Please enjoy the show!   To Follow Ben: Instagram: https://www.instagram.com/benbergen_rei/  PM Company: https://www.instagram.com/rsb_property_management_2021/ Facebook: https://www.facebook.com/ben.bergen.7121  

With all the craziness going on it’s nice to have a palate cleanse with go getters like my old friend Amanda Bouck and Marty Gordon. I first met Amanda around ten years ago at Rock Star Real Estate when she was running the day to day as the in house Property Management business. Fast forward ten years she’s managed a team of coaches, created educational content at Keyspire and together with her husband Marty, a licensed carpenter who’s gone from employee in construction to general managing their own property management company and investment portfolio of small multis in Guelph to small apartment buildings in London.  Apparently Marty has free time between all that, their one year old son to coach as a Keyspire coach as well. Hey, I’ll never fault anyone for multiple streams of income ;) Amanda and Marty’s journey from beginner investors in their early 20s to the present, 17 years later, a fair sized portfolio and getting close to buying and building their dream home on large acreage and custom built mansion. It’s an inspiring and real journey. Amanda and Marty share how they journey wasn’t easy and required hard work. Success is not guaranteed but with hard work, smart decisions, over a large period of time, it’s hard not to be successful. To connect with Amanda and Marty Email: [email protected] LinkedIn: https://www.linkedin.com/in/martygordon-swingingthehammer/?trk=pub-pbmap&originalSubdomain=ca YouTube: https://www.youtube.com/@HouseHustlers Facebook: https://www.facebook.com/amanda.gordon.739  

On to the show! I had no idea how many new tax rules we investors have to deal with this year, the Underused Housing Tax is especially concerning as I’ve spoken to many pros out there who don’t understand it either.  What’s worse is the penalty is $5-10k for not filling and a lot of us investors have to complete and submit the Underused Housing forms even though we are an excluded owner thus having no liability. We still have to file the forms though. I’m not an Accountant though but I did invite my lovely wife, Cherry Chan, CPA, CA who happens to be the most in demand Real Estate Accountant speaker to share some of the top tax changes we investors face for 2023. Cherry does break down these same tax tips on her YouTube Channel Real Estate Tax Tips so make sure to subscribe to her channel along with the 10,000 other subscribers. https://www.youtube.com/@RealEstateTaxTips In case you’re curious, yes Cherry is still accepting new clients but not sure for how much longer. [email protected] is the email address for your inquiries. Please enjoy the show!

Today we have my friend Saurabh Singhal who is a real estate lawyer and litigation specialist out of Mississauga, Ontario. Saurabh services some of our clients and a whole lot more investors from the general public so he’s seeing first hand the financial difficulties that speculators and private lenders have put themselves into.  Saurabh himself is working on 32 files for power of sale, meaning the borrower is in default and the lender is forcing sale to repay the debt. We also discuss lessons from many 2nd mortgages gone bad. To my 17 listeners, please do extra due diligence out there when vetting partnerships and private lending. There are exit scams going on where gurus are looking to raise capital while already bankrupt or approaching bankruptcy.   At the same time, fear is high and the time to be greedy is good timing. As always, my preference is to invest in assets I control in the markets where I’m an expert and recommend my clients do the same. If these 32 investors in power of sale were to have followed my advice this all could have been avoided.  All they had to do was listen to this podcast which is available for free… Unfortunately they didn’t and it will be my clients looking to buy distressed properties like we already are. Feel free to reach out if you do enjoy working with professional service providers such as my team and we can get you investing like a professional and all we charge is Realtor commission which is paid by the sellers anyways. Saurabh Singhal is a returning guest of the show so we did cover his journey to move his family to Canada, transition from a crown prosecutor in India to become a Canadian lawyer. I recommend checking it out as the story is an inspirational one. Please enjoy the show! To Follow Saurabh: Website: https://www.singhal-law.ca/ Email: [email protected]/

We have something a little different, a real estate investor with a lot of heart in Melissa Dupuis, we rarely have investors on this show who target those on social assistance but Melissa has with her renovated, repositioned 10 bedroom rooming house. As we don’t have many rooming house investors on this show, we spend some time on the subject in terms of numbers, target tenants, regulations, and of course the numbers: $525k on the buy and after fully renovated, $6,000 plus per month in rent. Melissa is a true sophisticated investor as she’s an avid student and action taker in converting underutilised properties as she’s currently converting a duplex into a triplex to improve cash flow in this rising interest rate environment. As always, real estate investing is a team sport, Melissa has engaged in hiring a coach and has a mentor. Melissa details how she found them and how it worked out. Melissa is also a Property Manager, owner of Athena Property Management Inc servicing Niagara Region, Hamilton and she’s also a land banker in Belize.  Please enjoy the show!   To Follow Melissa: IG: @eatsleeprealestaterepeat @athenapropertymanagement Web: http://athenapmi.com/ FB: https://www.facebook.com/athenapropertymanagementinc  

Kyle Pearce is a Math teacher and Kindergarten to Grade 12 Math consultant to his local school district in Windsor, co-founded an online learning business for Math professional development. Kyle actively invests in real estate for value and cash flow, stocks and options trades and partners to co-own North Shore Properties that holds 30 units in and around Windsor, Ontario.  Please pay attention to how Kyle and partner Matt divide responsibilities as they have complimentary skills.  Kyle is currently on unpaid leave from teaching to pursue the above business, investing ventures and co-hosting the Invested Teacher Podcast. We get very detailed on Kyle’s most recent acquisition of a 9 plex and the vendor financing and terms. Please enjoy the show!   To Follow Kyle: Podcast: Invested Teacher Podcast - InvestedTeacher.com/apple Web: Invested Teacher Website - InvestedTeacher.com Socials @InvestedTeacher

We have an author, coach, mentor, mom, wife and investor since only 2017 who’s done a lot while keeping her day job. English isn’t even Brooke Shang’s first language as she moved to Canada from Taiwan at age 17. Brooke has done a lot from losing $50,000 on a joint venture in Winnipeg with a now bankrupt partner who drove a Porsche to owning nearly 30 rent to owns, a bunch of duplexes, and focusing more on private lending and building her custom dream home thanks to the profits from tenants buying out the RTO’s and selling other income properties. Brooke is also a leader within the Trust Your Talent Academy like past guests Tim Tsai and Vince Lee.  Brooke’s story is a good one how much one can accomplish in a short period time while keeping the day job and how one’s goals change, e.g. Brooke has hustled and now wants more passive investments.  It all works, one just must decide for themselves what journey they’re on. Please enjoy the show!   To connect with Brooke: Web: www.RealEstateNetworkingQueen.com IG: https://www.instagram.com/brooke_shang/ FB: https://www.facebook.com/brooke.shang Book: FINANCIAL FREEDOM THE ROYAL WAY https://a.co/d/0p90cVB

This week we have Mackenzie Wilson of SingleKey the tenant credit and background check reporting service that recently acquired Naborly. If you haven’t heard of SingleKey… well they are quite popular in the circles I run in and for you new investors, you’re so lucky you don’t have to run credit checks the old way… Mackenzie is a very diligent investor from Calgary, Alberta.  He shares how we went from oil rigs and IT at Telus and left it behind to start an online business in real estate that didn’t go so well but he survived, still owns his three duplexes in Calgary and works at SingleKey as a Director. As you’ll soon tell, Mackenzie is a diligent landlord (one of the most diligent I’ve ever met) and loves to help other landlords in Alberta out as he’s always sharing and educating his peer group of 4,200 Alberta Landlords On today’s show we talk about the difference between commercial and residential in Calgary, Calgary vs. Edmonton.  Of course we talk about tenant screening as it appears to be a passion of Mackenzie’s even though his properties are in Alberta and how appropriate it is his day job is now at SingleKey. One big nugget is I asked Mackenzie as a beginner investor, what should I buy in Calgary and his protip is a good one. Please enjoy the show!   To follow Mackenzie: Website: singlekey.com/ Linkedin: linkedin.com/in/mwyyc/ Alberta Landlord Communit: albertalandlordcommunity.ca/ Two recent articles Mackenzie recommends https://www.singlekey.com/blog/how-can-landlords-spot-fake-application-documents-from-tenants/ https://www.singlekey.com/blog/airbnb-arbitrage-should-you-let-your-tenant-rent-out-your-property-to-short-term-renters/

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!   To Follow Elizabeth: 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!   To Follow Ken: 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.   To Follow Victor: 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! To Connect with Coach Russell: 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!   To Follow Calvert: 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: [email protected] Web: https://realestatetaxtips.ca/ YouTube: https://www.youtube.com/c/RealEstateTaxTips  

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.   To Follow Danielle: 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!   To Follow Kyle: Website: https://makemathmoments.com/ Instagram: https://www.instagram.com/MathletePearce/