How To Maximize Returns via Highest And Best Use Real Estate With Ryan Carr

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Hello my fellow wealth hackers!

Thank you to everyone for reaching out and asking about my son Bruce.  He seems 100% now as he’s finished his eight days of antibiotics. 

His visit to the dentist was fun as his front tooth is now toast, but the dentist said to leave it since it’s not bothering him.  The dentist also found a cavity while poking around.  Thank goodness we bought our own benefits plan for our family and a few of our employees to soften the financial blow. 

I know many of you out there who are self employed don’t have benefits plans.  We got ours through our local chamber of commerce as I’m a member of the Hamilton Chamber.  Because the benefits plan is spread among the tens of thousands of employees among chamber members, the risk is diversified bringing the cost down which is around $300 per month for us.

We will definitely be getting our money’s worth this month between the emergency dentist visit, upcoming cavity repair, private room at the hospital, and now massage therapy as we have been having an RMT come into the office to massage the staff.  Does that sound right?

Hopefully you’re all taking care of yourselves and enjoying all the returns you’re making from your real estate and stock hacking. Never forget, life is short so do enjoy the fruits of your labour. 

I’ve spoken to many of you, including yet another newer real estate investor and a good friend of mine yesterday who’s real estate is fully tenanted. Everyone is paying rent and he’s cash flowing on average $2,000 per week via stock hacking. 

Have a wild guess if he cash flows more from his real estate investments or his stock hacking. 

Yet again, real estate for wealth creation, stock hacking for cash flow.

Speaking of cash flow and stock hacking, here’s a quick update on Cherry and I’s she trader vs. he trader.

Two weeks ago Cherry beat me by a whopping $40, but a win is a win and last week I won. I believe the score is around 16-6… I’m not sure what the lesson is here, but ladies, you can stock hack just as well or better than men. 

I spoke to a single mom of two this week who has taken the original and as well as the new and improved 2.0 version of Stock Hacker Academy, and her weekly returns average is $2,500.  I hope more single parents out there have the tools to do the same.

The lesson for the men? I don’t know. Maybe you can get lucky like me and have your partner out earn you.

I personally have no problem with my wife making more $$ than me.  I’ll make Cherry pay for our next round of golf together as she had yet another four figure day today. She had a deep in the money call option on Apple for those who know stock hacking.

If you’re interested in learning more about stock hacking, I’ll be hosting another demonstration over Zoom. We almost broke the system last time as we had over 500 people register, but capacity is 500.

We will not be making a recording available for privacy reasons so make sure you’re there on September 10th, 8pm EST. 

I’ll have several friends and family attending as well. I’ve been asked to give the same demo several times each week but unfortunately these are covid times, I’m really busy and protective of my gym, golf, Raptors and family time. 

The link to Zoom is ridiculously long so go to the website www.truthaboutrealestateinvesting.ca and you’ll find the link there.

Link to register for the demo here!!! https://us02web.zoom.us/webinar/register/WN_kOWSraJaQKOmaUDiPn7HRg

Or in my bio on Instagram and Facebook.  This is totally free and it’s a much better demo than I gave my kid cousin Chubby who is averaging over $1,000 per week in cash flow or 28% return on investment in 2020. FYI He’s a musician by trade.

How To Maximize Returns via Highest And Best Use Real Estate With Ryan Carr

Speaking of cash flow we have Ryan Carr of RW Carr Investments as this week’s guest, talking about highest and best use and being creative in real estate. 

How he groups his real estate investments into buy, renovate and hold, short term renos/developments and flips, and longer term projects including a waterfront 14 unit multifamily he renovated that went hundreds of thousands of dollars over budget… how did it work out? You’ll have to listen to find out.

Plus for the first time, Ryan talks about the passing of his real estate coach, Stefan Aarnio.

I think most of you should already know Ryan. He’s been on this podcast more than anyone else and he’s always up to something big whether its writing articles about how to increase cash flow by renting out sheds, vertical splitting of a duplex, tiny homes, etc…

If you don’t know Ryan, you will soon, as he’s up to big things that I’m sworn to secrecy, but here in the interview is what we can share 🙂

I give you Ryan Carr!

Subscribe on Android

To Follow Ryan Carr:

Book: www.TheHighestAndBestUse.com

Facebook: https://www.facebook.com/profile.php?id=100010830488618, https://www.facebook.com/rwcarrinvestment

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

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

  • Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
  • 8 Weekly coaching webinars taught by Lee.
  • Access to all of the recording for 12 months
  • And so much more…

If you want to see this in action, click here to register for the next FREE Trading Demonstration.

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

How A Veterinarian Quit His Job By Investing in Real Estate and Stock Hacking with Michael Bugg

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Hello my fellow wealth hackers!

I hope you’re all having a wonderful summer! 

My family was having an amazing summer, then we hit a speed bump. My son Bruce was running up the basement stairs and fell on his face cutting his lip. He cried a lot but I figured he’d be fine, no big deal right?

The next morning his upper lip ballooned up. I thought, ‘weird, this much swelling this late after the fall.’ I sent a picture to a doctor in my family and he said the swelling was from the fall.

Bruce also had a fever so I thought it was just a coincidence, kids have fevers all the time. Saturday morning, the swelling had spread to Bruce’s cheek and the fever was still there. So we did what any parent would do, we cancelled our St. Catharines property inspection tour to see a doctor. 

It’s what I feared, an infection and Bruce was prescribed antibiotics.  Those were a challenge as Bruce couldn’t swallow them and they tasted awful when ground up, even when mixed with honey.


Next day, there’s no improvement, so off to Emergency Bruce and Cherry go.  In Covid times, only one parent is allowed in Emergency.  Bruce gets admitted and stays the night at McMaster Children’s Hospital. Cherry stays with him and I’m just a ball of stress.

Thankfully McMaster Children’s Hospital is just fantastic, including their pharmacy.  They work their magic and we’re home on Monday with a plan for 8 more days of an antibiotics cocktail that Bruce likes thanks to the pharmacy. 

Even with the good news, I had a terrible headache. Boo hoo, I know, when compared to all those parents with kids who spend extended periods in hospital.  I’ve said it before and I’ll say it again, investing in real estate and stock hacking is waaaaay easier than being a parent.  I’d gladly trade all my houses for the health of my kids.

Thankfully, this will only cost Bruce two weeks in the summer and the lesson as I’ve reminded him before, no socks in the house if he’s running.

For you wealth hackers, I’m hearing from many of you that this has been an extremely profitable summer both in your real estate and for Stock Hackers. 

The Toronto Real Estate Board reported a record number of transactions in July and average prices are up 16.9% from July of last year. Hopefully those of you trying to time the market got in March or April.  The markets where we operate, west of Toronto, we’re seeing multiple offers everywhere and outside of student rentals and condos, our clients are not reporting any significant vacancies.

For those who own real estate, you’re doing great!

For Stock Hackers, I’m receiving regular feedback from students who are achieving four figures per month and some four figures per week in cash flow, which is super awesome! 

It’s why we provided the courses taught by best selling author, Lee Lowell. Our very own VP of Coaching, James Maggs is averaging between $2,500 to 8,000 per month on $120,000 and only investing about four hours per week.  Not bad! It’s more than CERB and that’s more cash flow than a piece of real estate that requires an equivalent investment of $120,000.

But just ask any Stock Hacker how they funded their bankroll, almost everyone did with real estate profits or home equity lines.  Real estate to build wealth, Stock Hacking for cash flow.

Last Tuesday I delivered a demonstration via Zoom, a bit more of a polished demonstration vs. the one I gave my kid cousin over Thanksgiving last year.  He’s a musician by trade and he too is cash flowing over $1,000 per week. Anyways, over 500 registered for the demo which is pretty awesome.  Hopefully the nearly 500 who attended can reproduce the same results as my cousin, Chubby.

In case you missed the demo, sorry you couldn’t make it. If you’d like to be informed of the next one and receive notification of when these podcasts come up, simply sign up for my email newsletter, go to www.truthaboutrealestateinvesting.ca and type in your name and email and that’s it.

This is summer and we’re trying to enjoy what’s left of it, so no more demos till September and no, we’re not sharing the recording.  If these were not covid times, I’d invite you into the office for a live in person demo. Then you could all look over my shoulder and see how I trade on my phone, but we’re in a different normal.

On to this week’s show featuring another successful wealth hacker!

How A Veterinarian Quit His Job By Investing in Real Estate and Stock Hacking with Michael Bugg

Meet Michael Bugg, he’s a young father, husband and just recently a full time real estate investor out of Saskatoon, Saskatchewan.  He began buying properties in 2010, specifically new construction, and his investing has evolved into small apartment buildings.

In July 2018, Michael hung up the stethoscope and quit his job as a veterinarian.

On this episode, Michael shares his journey to owning a couple apartment buildings and how he lost money stock hacking during the covid crash and the shocking returns he’s achieved since then.

I give you Michael Bugg!

Subscribe on Android

To Follow Michael:

  • Personal: 
    • Facebook/LinkedIn:  Michael Bugg
    • Instagram: @michaelbugg.dvm
  •  Real Estate:
    •  Facebook: YXE Real Estate Group
  • Veterinary Project Podcast:

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

  • Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
  • 8 Weekly coaching webinars taught by Lee.
  • Access to all of the recording for 12 months
  • And so much more…

If you want to see this in action, click here to register for the next FREE Trading Demonstration.

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Proving The Husband Wrong, Investing in Cottages, Developments, Retail Commercial, and Stock Hacking for Six Figures with Monica Lee

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Hello iWINNERs!!

I hope you are having a great week and enjoying the summer!

You may have noticed we didn’t release an episode last week as I was tied up with Cherry’s birthday week and golfing three times including taking a lesson.

Do you know the saying “you can’t have your cake and eat it too?” as in you cannot have two incompatible things or you can’t have the best of both worlds?

Well I’ve never been much to conform to rules so other than Cherry being my wife and mom to our kids, we invest together in both real estate and stock hacking, we own several businesses together and we golf together. 

When I’m more disciplined, I got to the gym with Cherry 😛  

Cherry is better at golf than I am, she beat me two of three outings last week.  She beat me last week at stock hacking as well so I think she-trader is beating he-trader by the score of 15-6.

I do have other family who stock hack as well, my little cousin. His nickname is Chubby, he had big cheeks as a baby so my brother called him Chubby and the nickname stuck.

Chubby is a musician by trade, a beginner real estate investor, and he was a buy and hold investor of stable stocks like Canadian banks.  During thanksgiving, we had my extended family over for dinner, remember what those days were like?

Anyways, I told Chubby he was leaving money on the table investing in stocks the way he was so I showed him how I would stock hack, I gave him Derek Fosters book “Money for Nothing and Your Stocks For Free.”

Fast forward ten months later, he sends me a screen capture of his trading app showing his returns are 22% this year so far. He can’t convince his wife to learn stock hacking but you know the crazy part?  His cash flow is greater than the average Canadian’s work income.

Note that is for all of 2020 so that includes the COVID crash of February and March.

Also note, Chubby wants to buy more real estate, it’s just not easy as a millennial to raise 20% down payments.  But if you can, there is no better asset class to build wealth in my experience.

If you’re interested in learning more about stock hacking, I’ll be giving a demo on Tuesday August 18th in the evening via Zoom. 

It will be a bit more detailed than the demo I did for Chubby over turkey and wine, but my hope is the same for you the listener, to create a steady stream of cash flow. 

The bigger the better.

>> Click here to register for my free trading demonstration. <<

Those who get my emails will also see an invite and if you’re not on my email list, that’s just silly.  Go to www.truthaboutrealestateinvesting.ca and simply input your name and email and I hope to see you Tuesday Aug 18th in the evening on Zoom!

Proving The Husband Wrong, Investing in Cottages, Developments, Retail Commercial, and Stock Hacking for Six Figures with Monica Lee

This week’s guest is Monica Lee who is like family. She is Cherry’s BFF and godmother to our most prized assets, our son and daughter. 

Monica and husband, Rich, are both second generation Canadians. Their parents immigrated to Canada from Korea with not much in search for a brighter future for their kids. 

Rich and Monica both became lawyers who eventually quit law and six figure salaries to be full time real estate investors.

Monica invests in cottages for short term rentals, a couple commercial retail properties, they develop and build houses, she stock hacks for six figures all the while being a mom to three great young kids.

Just wait till you hear the story about how someone told Monica’s oldest son she would fail and give up as a stock hacker.  Her response is pretty epic.

I present to you, Monica Lee.

Subscribe on Android

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

  • Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
  • 8 Weekly coaching webinars taught by Lee.
  • Access to all of the recording for 12 months
  • And so much more…

If you want to see this in action, click here to register for the next FREE Trading Demonstration.

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam

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Greetings my fellow iWINNERS!

I hope you’re all enjoying this summer as much as I am. 

The craziest recession/depression or whatever we are in continues.  The divide between the haves and have nots is widening, but don’t worry, for the haves, I’m sure our taxes will go up. Let’s all enjoy the great weather and market appreciation.

This real estate market in Ontario has created a lot of wealth for investors, including this week’s guest in Ken Bekendam. We’ll get to him in a moment. I’m sure he’s grateful and I know I’m very grateful for our respective real estate portfolios.

Cherry’s birthday is coming up and the plan is for us to golf seven of the eight days of her birthday week.  Yes, this is Cherry’s bday and her idea, not mine. In Cherry’s previous life, aka a previous boyfriend who we don’t talk about was an avid golfer so they golfed a lot together.

Cherry has many shots that I do not and has out played me two of the times we’ve golfed this season.  This past Sunday, Cherry and I golfed together with my cousin and his wife.  Cherry and I were playing scramble as in we each shoot then choose who’s shot was better and we both hit from there.

We were playing at the lovely Indian Wells Golf Course and the last time I was there I hit a 119 which I was pretty happy with.  When partnered with Cherry, we scored a 94.  An improvement of 21%.  Cherry mentioned how our golfing that day parallels our lives, we complement one another, raise each other up.  We both have good and bad moments, but we can often compensate for one another.

On the first 9 holes, I was playing great. There was a stretch over two holes where every shot we used was mine.  I mentioned it to Cherry then she hit her best shot of the day immediately after.  She has a competitive fire and wants to be her best, much like I do.

Over the last 9 holes, I struggled a bit and Cherry contributed a lot more.  With my advanced age and 35 degree weather, I tend to fade after the 14th hole.  I think she knows this hence the high volume of 7 golf outings in 8 days so she can kick my butt 😛

Speaking of Cherry kicking my butt, she beat me in stock hacking yet again last week. I had my third best week ever but Cherry managed to make even more.  Our household again realized five figures of cash flow in US dollars. She trader vs he trader is now about 13-6.

The stock hacking gains are great, but don’t forget, our bankroll was funded by our real estate.

For those interested in taking a beginner course taught by a best selling author and fellow stock hacker with 30 years of experience, including as a floor trader on Wall Street, he is none other than the Godfather of stock options, Lee Lowell, then go to www.stockhackeracademy.ca. Also save the date, the weekend of  Oct 3-4th.  This is the version 2.0 of the program and if it’s not called Stock Hacker Academy, then I have nothing to do with it nor endorse it. 

On to this week’s interview giving us the Truth About Real Estate Investing and it’s not an easy one…

Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam

In planning a future without his wife Kaitlin and mother to one year old son Kingston, Ken Bekendam made the decision to quit his job and double down on his efforts to build his real estate investing business.

At the time, half his income was coming from Ken’s investment properties, plus he needed to build towards the flexibility of schedule, being an entrepreneur, as Ken is now a single father, and financial freedom that comes with being a successful real estate investor.  

Ken is a renovation expert both for his own portfolio and for clients, especially in adding legal, income generating suites and additions to existing properties. Like many high level real estate investors, he’s raising private mortgages so you’ll want to pay attention to that part.  

I don’t want to spoil too much so I’ll let Ken tell you his story. I give you Ken Bekendam.

Subscribe on Android

To Follow Ken:

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

Web: http://legalsecondsuites.com/ken-bekendam/

Looking to add another stream of income?

On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:

  • Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
  • 8 Weekly coaching webinars taught by Lee.
  • Access to all of the recording for 12 months
  • And so much more…

Right now, until August 14th, you get $500 off! Click here to get your $500.

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Quitting Corporate at 29 By Investing In Real Estate and Stock Hacking with MR REI Himself, Cody Yeh

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Well that’s not what I expected.

This week’s guest Cody Yeh dropped some bombs on this in the interview I didn’t know about and it was quite the pleasant surprise. It’s days like these I love my work and we’ll get to young Cody in just a moment.

The remediation of my flood damage is ongoing. The emergency clean up work was done. Big commercial, over sized fans were brought in to air out the moisture. A bunch of flooring, trim, doors and drywall, anything the water touched basically, has to be removed and disposed of. Now just to wait for the quote. 

Thank goodness for having a good team and proper insurance, in this case sewer backup coverage.

Cherry and I have so much going on while my kids are at day camp in a conservation area which is awesome. They can swim in one of the cleanest lakes in Ontario. They’re hiking every day, they’re having a blast and to see them happy with big smiles and dark tans makes all this extra hustle stuff worth it. I hope all you out there are able to enjoy the fruits of your labour too.

Quick she trader vs. he trader: last week I won by a pretty wide margin and this week Cherry has a slight lead on me.  So I think the score is 13-6 but at the end of the day, it’s a five figure week in US dollars of cash flow this week and last and probably the last eight weeks. 

Needless to say it’s been a great market for stock hackers no different than this week’s guest, Cody Yeh!

Quitting Corporate at 29 By Investing In Real Estate and Stock Hacking with MR REI Himself, Cody Yeh

Cody is a first generation immigrant who came to Canada while still high school age, went to university, got a white collar job, but apparently it was good enough as he quit this past January.

I learnt of this before we started recording, but I assumed he got a new job.

What 29 year old doesn’t have a job? This one I guess.

Cody is a YouTube influencer, a real estate investor in houses with legal basement apartments in Barrie, Ontario, and he took our Stock Hacker Course last fall.  These investments allowed him to quit his job to focus on building new businesses.

I haven’t known Cody a long time but I do know he hustles which separates him from the pack and his story inspires me. So without further ado, I give you Cody Yeh.

Subscribe on Android

To Follow Cody Yeh:

Youtube: https://www.youtube.com/channel/UC9OnePY_skY0sV8nuvGtRoQ

Linkedin: https://www.linkedin.com/in/cody-yeh-pmp

Facebook: https://www.facebook.com/cody.yeh.7

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Big Fines, Student Rentals, and Stock Hacking with Ron Esteban

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Hello fellow wealth hackers!

I hope you are enjoying your summer!!

It’s a good thing these covid times are during the summer so local businesses like restaurants can operate on patios to at least earn some income and keep the economy going. 

For most of you Canadians, you’re ahead of us in Ontario for re-opening. We do miss our live and in person meetups with our clients, but for business, we’re in no hurry as we’re busy, if anything we wish this sellers market would slow down so we can help our investor clients acquire more property.

But for our investors taking profits and exiting, this has been wonderful.  We will wait and see what Phase 3 looks like before we host even small meetups in the office again.

This past weekend, unfortunately, we had a basement flood. Thankfully our student tenants were home to call my property manager at 1 AM so he was able to go over and do what he could.

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That was Saturday morning, by 11am, I was there to have a look and talk to my tenants with a $50 gift card for each student, plus one for my property manager Terry. 

The water had since drained but it went over an inch high so a bunch of drywall, trim, doors, flooring, etc… will have to be replaced.  Our tenants are younger so they asked if our insurance covers their belongings. It doesn’t because that’s what tenant insurance is for. 

Here’s your friendly reminder to require your tenants to have tenant insurance.

We had a flood which sucks, but we have a client who’s basement tenant improperly disposed of a cigarette and caused a fire so the main floor tenant with a new baby is now without a home at no fault of their own. 

Thankfully, the basement tenant has insurance as the home’s insurance will likely go after the person who caused the fire.  Unfortunately the main floor tenant does not and will have to come out of pocket for a hotel or AirBnb till they find a new home.

Speaking of AirBnb, I had a friend who specializes in AirBnb asking me about Stock Hacking.

He was saying he didn’t want to invest and learn something new as he makes so much money running AirBnb’s. I shared how in my experience, multiple streams of income is the winning formula.  We have small businesses, a portfolio of cash flowing real estate, and both Cherry and I do Stock Hacking.

My deductible for the flood is $5,000.  Well, I made over $5,000 USD this week already from stock hacking, so while it sucks to have an expense of $5,000, I can afford it. 

A reminder to have a buffer and why having multiple streams of income is best.  The opposite is true as well, I’ll have a crappy day or week in the stock market and am grateful for my real estate.  No one is better than the other. Having both in my experience is the ideal.

Thank goodness my insurance specific for investment properties covers sewer back up.  Now this is twice it’s saved my bacon.  You may want to check if your policy includes it too.

Quick Stock Hacker update of Cherry vs. Erwin. 

She beat me again last week so I think it’s 12-4 in Cherry’s favour.  On the plus side, we combined for a five figure week in USD cash flow.  Sorry for repeating this so many times, but I’m grateful to have learned this skill and that Cherry is willing to trade as well.

Also interesting in our real estate world is we had another tenant have a disagreement with her housemates so they want to break the lease. 

To some that’s terrible news. To us, this property generates the least rental income so it’s our chance to improve that by renting it to students. 

We have that option or we could sell it in this complete sellers market we are in right now.  This house we own with a JV and have some of our own money in it, so the return could be better if we owned it 100% or had zero capital invested in the deal.  Or we may just sell it and turn it into a pool 🙂

For the longest time, Cherry and I have wanted a pool for the kids to enjoy and to entertain our friends and family.  In my experience, the best way to pay for luxury items is to have our assets pay for it, so here we go, our investment and returns will now become a pool.  An investment that was born out of a home equity line of credit over six years ago.

Compare that to what friends I have who used their home equity line of credit to pay for a pool.  To each their own, I just have a lot of future plans for early retirement and helping my kids pay for their education and a home.

Speaking of education, I was talking to one of my neighbours about how their daughter wants to be a dentist. 

They have RESP’s to cover some of the undergraduate tuition, but she didn’t know tuition costs for dental school. I’ve googled it before so I was the bearer of bad news as I’ve seen it at 40,000 per year.  I don’t think anyone saves that much nor wants to be saddled with that kind of debt.

On to this week’s show!! 

Big Fines, Student Rentals, and Stock Hacking with Ron Esteban

We have my friend, Ron Esteban on. He considers himself an average investor and not a big shot, but he’s got a couple properties. What is super cool is he’s teaching students how to invest in both real estate and stock options.

That’s right, Ron is a teacher with one of those big fat teacher pensions we’re all jealous of. He received some great advice to invest in real estate from an unlikely source.  Ron made some mistakes early on which lead him to meeting me around eight years ago and we’ve been friends ever since.

On this episode, Ron shares how he got started, how being part of a community helped his investments, and a more recent “life changing” means of investing. On top of all that, he just got married and is about to become a new dad!

Ron also shares what he’s teaching his students.  Parents, pay attention to this part in case you’re trying to get your kids interested in investing.

Subscribe on Android

To Follow Ron:

Twitter – @RonEsteban113

Instagram – @ron.est.113

Facebook – Ron Esteban

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Government Subsidy Update, Cherry Beating Erwin at Stock Hacking, BHAG, Investing in Insurance with Cherry Chan

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Hello Friends!

I hope you’re having a great summer, I know it’s not like other summers, but this too shall pass.

And no pressure or anything, but hopefully you’re taking this time to learn something new, make more time for yourself and your loved ones.

As it is social distance friendly, I’ve taken up golf and it’s been a lot of fun. I used to avoid golf because it seemed unproductive and time consuming.  But when golf is done for Wealth Hackers, we assemble high level teams of successful entrepreneurs and investors, then it’s a great time!  

The easiest way to improve your mindset is to spend more time with high level people and I’ve been golfing with some high achievers, like my good friend Charles Wah, who is developing, flipping and holding a fair bit of real estate. 

We’re not high achieving golfers. My golf buddies are usually in the 90’s and they let me tag along with my 105-115 range.  Mostly because I’m easy pickings for betting on golf :P. 

One time, I accepted a terrible six handicap which ended in me making a $300 donation to a charity of my choice, the Hamilton Basket Brigade.

Quick update on the Hamilton Basket Brigade. We scaled back significantly for Easter with covid and all.  We gifted $100 gift cards to the 30 something poor families in Hamilton and we plan to do a bit more for Thanksgiving, but expect changes as an indoor party is off the table. Don’t worry, though, we have some great ideas. 

The need is great and we’ll be there to do our small part.

Real estate wise I hope you’re all doing well.  According to the Globe and Mail today, Toronto real estate is up 12% in June from last year.  Hamilton is up 13.7% over the same period or 3% higher May 2020. 

If you’ve been following the news, you know CMHC predicts a drop of up to 18% in Canadian real estate, so if that happened in Toronto or Hamilton, we’d give back maybe 18 months of appreciation? 

If you’re flipping houses, I’d be concerned, but if you’re holding for the long term to pass onto your kids like I am, I’m not too worried.

Speaking of kids, Cherry enrolled our kids in a bunch of camps after other summer camps had to cancel thanks to covid.

One of the camps is to improve on bike riding. This is the first time my kids are doing a bike riding camp, it’s only one week long but they’re entering directly into level 3.  I expect my kids to pass level three leading to level 4 which teaches riding on the road, the rules of the road, signaling, street signs, etc., but it’s only for six and up. 

My daughter Robin is old enough, but my son, Bruce, only just turned five.  Cherry asked Robin if she’d like to take level 4 after explaining the agenda and that Bruce wouldn’t be able to join her.  Robin said no, she’d rather wait till next year when Bruce can take level 4 with her, so she can watch out for him. 

This is why she deserves the house we bought her and she can have our house when she’s old enough.

Quick Stock Hacking update, I finally beat Cherry for maybe the 4th time in 15 weeks of he trader vs she trader.

She obviously has an enormous lead and had a monster week last week.  It took my 2nd best week ever and almost five figures US dollars to beat her. We’re really lucky to have the trading coaches we have in our lives. 

June was a great month for me with 18% returns.  That is gross and not annualized.  If you’re interested in learning more go to www.stockhackeracademy.ca/specialoffer 

Government Subsidy Update, Cherry Beating Erwin at Stock Hacking, BHAG, Investing in Insurance with Cherry Chan

Speaking of Cherry, she is this week’s guest, here to share about the latest in Government subsidies, why she got into Stock Hacking when I was already deep into trading, our BHAG (big hairy audacious goal), and so much more!

Subscribe on Android

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Buying Then Exiting $11M of Real Estate, Pursuing Passion In Buying A Business with Wade Graham

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Happy Fathers Day iWIN Nation!

And happy 2nd mother’s day to all you moms pulling double duty! 

I have much to be grateful for thanks to my dad who moved to Winnipeg from Hong Kong when he was 17 years old in pursuit of more opportunity. 

He later escaped those crazy winters and black fly seasons for a less crazy winter in Toronto but he didn’t have any parents to guide him better so he ended up finishing high school at one of the roughest schools in the roughest areas of Toronto.

My dad is also a real estate investor but different from me, he makes a Doctor’s income so when he started investing in real estate, he chose Toronto new construction condos near subway stations.  Needless to say he’s done quite well. 

How silly was I to tell him he wasn’t an investor but rather a speculator.  Those were the exact words I’d heard spoken from stage at a real estate network I belonged to.

Buying Then Exiting $11M of Real Estate, Pursuing Passion In Buying A Business with Wade Graham

Buying high in-demand assets with growing demand makes a lot of sense in hindsight. The business case for Canada to grow the economy via immigration makes a lot of sense financially to attract investment and talent.

Unfortunately, many investors heard the same advice I did and instead of investing in Toronto, they invested in Edmonton and Calgary Alberta.  Again, hindsight being 20/20, that was not a good decision.  I know many of these people personally.

Then last week, Wade Graham, a long time Facebook friend of mine commented on one of my posts about real estate how he’s glad to have exited all his Alberta real estate, $11 million dollars worth. 

Wade was part of the same network and community I was, for just as long, and I wanted someone who’s not all “rah rah real estate” to come on this podcast.  Wade fits exactly that bill. 😛

What Wade offers as a guest is what went wrong in his real estate journey so you may all get it right.  But real estate was not all bad to Wade as the network and skills he built translated into acquiring a failed business, making it successful, in an industry that he loves.  

In these trying times, there will be many businesses that fail which is terribly sad.  However, there will be some entrepreneurs who can buy these businesses and their equipment for cents on the dollar.  In the restaurant industry, that’s commonly known. 

The restauranteur who is the first into a space and invests hundreds of thousands for commercial stoves, ovens, fryers, fridges, freezers, furnishings etc.. They have to pay retail prices plus delivery and installation. 

Sadly, often the debt servicing and rent is too much, the restaurant folds, another businessperson then buys the assets for cheap and has a much better chance at survival and might even prosper. Wade has a similar experience to share which is timely considering the current environment and I wanted you my community to be aware of it.

If you don’t know Wade, he describes himself as a:

“Thinker. Feeler. Active. Outdoor. Trying to love a little more and forgive faster. I fail often.”

Wade tells it like it is so the language is not safe at work or if you have little ones in the car with you.

We talk about groupthink in real estate investing, the challenges of having tenants, some wild stories including when Wade had to rescue 200 pounds of gold in a backpack, and buying a business.

Without further ado, I give you Wade Graham.

Subscribe on Android

To Follow Wade:

He posts some thought provoking stuff on Facebook: https://www.facebook.com/wgraham76

Float Canmore: https://www.floatcanmore.com/

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

No Excuses, Growing Up Poor, Abused, Failing College, to Real Estate Multi Millionaire with Author Roger Auger

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Hello iWIN Nation!

How are you holding up during these historic times?

Please do what you can to spend more time around positive awesome people. Feed yourself inspiring information. 

For myself I’m taking some time to myself each day to get lost in my thoughts. I can do so by going for a walk or pacing around my home on rainy days.  My house has a central staircase so I’ll leave a notepad and pen on the dining table so I can pace and stop and make notes 😛

It’s crazy how many good ideas have come to me in these moments to myself.

Health wise I was near my heaviest weight just two weeks ago at 191 pounds, and that’s not muscle. I was getting skinny fat.  Cherry bought herself a scale that I found in our closet, I found it and hopped on it. 191.  This morning I was down nine pounds at 182 after intermittent fasting the last two weeks.

My intermittent fasting is simple. I basically don’t eat after dinner and for breakfast I only have coffee with a bit of grass-fed butter, 1-2 tablespoons.  The fat keeps me from being hungry and I’ve been feeling pretty good, but I really can’t wait to get back into the gym.

Speaking of gyms, sadly my friend Denise who owns a gym announced this week she is closing her doors. 

She is an amazing athlete and an even better trainer. Her energy and passion are something to be witnessed, but even with all that talent, the business didn’t work. I could be wrong, but I think the lesson is to own the real estate one’s business occupies. 

The BDC has been very accommodating from my experience, allowing mortgage holders to pay interest only during these extraordinary times.

The more control the better, is my saying. It’s why we chose to buy our office location instead of renting. Commercial tenancy laws are heavily in favour of the landlord, so I’m not interested in being in a position of weakness when we can afford to buy.

One of the reasons we can afford to buy is because we have a residential real estate portfolio.

One of the biggest lessons from this pandemic is the government will support those in need, which includes our tenants so they can make rent. 

In a poll of iWIN members, rent collection for June was typical, many reporting 100% collected, but commercial business tenants are having all sorts of problems. And with Prime Minister Trudeau’s announcement that he will extend the CERB, the Canadian Emergency Response Benefit, it looks good for residential real estate investors.

Combine that with a hot market for the properties our clients and iWIN members hold, we continue to be really lucky and in great shape to ride this out.

Quick update on the stock hacking world, with the US Fed committing even more money to prop up the US economy, many stock hacker students are reporting great results. 

Cherry continues to kick my butt and we combined bring in over $4,000 US cash flow per week.  Cherry beat me last week but I have a lead this week so I think the score is 11-2 for Cherry.

At the end of the day, I hope you’re all improving your cash flow positions through small business, real estate, stock hacking, bitcoin, I don’t care what as long as you’re making money and making a difference in your community.

Speaking of making a difference, we have an author on today’s show, an old friend named Roger Auger. I don’t have a bio for Roger so I’ll read you the description of his new book ‘No Excuses’ available on Amazon:

No Excuses, Growing Up Poor, Abused, Failing College to Real Estate Multi Millionaire with Author Roger Auger

“Deadbeat. Loser. Failure .Criminal.

Imagine growing up in a family where those words were meant to be your future. Without loved ones supporting you, would you, too, believe “You’ll never amount to anything?”

All around you, right now, there are kids who dream to be great but live without the support or circumstances to do so. Whether you were raised with encouraging parents or you bootstrapped your way on your own, you have the option to give a break to a kid in need.

Successful real estate investor and business owner Roger Auger knows firsthand. No Excuses is his story of hustling stolen mac and cheese and paying his parents’ mortgage at age 13, to running a successful real estate empire. Carve out your own path of growth and learn:

  • What life can be like at home for some kids, how to spot a kid without support, and the little things you can do that have a big impact,
  • How hard work can make almost any dream a reality,
  • The pathway to creating a better future through real estate investing—even if you’re a kid who comes from nothing.
  • Why YOU could be the answer to changing someone’s world, just by giving them a chance.

No Excuses gives us hope that the world can be improved one kid at a time. The world doesn’t give you handouts…but with a dose of Roger Auger’s hustle and paying it forward, you could be on your way to success.”

Subscribe on Android

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/

Balling out on Necker Island, Commercial Investing and Lending, New Start Up to Fight Covid19 with Diana House

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Thank goodness the limits on gatherings are increasing to 10 people on June 12th! 

Like many of you, I’m getting a wee bit tired of the lock down.  Especially when my mom who lives in Hong Kong tells me their economy didn’t shut down; restaurants recently increased capacity from 4 per table to 8. 

It’s been over one month since a new, local case of Covid was reported.  There are plenty of lessons on how to handle a pandemic.  Places like Korea, Hong Kong, even New Brunswick nailed it.  BC is already going back to school part time.

It just sucks to be an entrepreneur, when, like many of you, we chose the entrepreneurial life so no one could tell us what to do and we are now being told what to do.

On the positive side, with all the rioting and violence going on the south of the border, I’m reminded yet again how grateful I am to be Canadian and grateful for stock hacking and real estate. 

All are opportunities equally available to anyone no matter the colour of your skin.  As a minority growing up in Canada, my family was one of the early Chinese to come here fleeing Communism.

When I was in elementary school, there were three Chinese kids in the whole school.  There was my brother and I plus another Chinese boy who everyone assumed was also my brother.

Investing has enabled those considered poor to enter the top 10% and even top 1% and we’ve had many of those folks on this show and we’ll have many many more.

The investing community as I know it, is inclusive to all backgrounds and unfortunately a lot of assholes too, but we’ll do our best to only have cool people on this show, including today’s guest in Diana House.

Before we get to Diana, a few updates from our parts:

For the 2nd time in 11 weeks, I beat Cherry in our weekly stock hacking competition.  It took a personal best by me: a five figure week, all USD in cash return which is great and all, but Cherry still maintains an overall lead of five figures.  It will be tough to catch her in the overall race as we’re both adding to our accounts after our most recent refinance.

We successfully refinanced that house that Cherry was mad at me for buying, sight unseen, no conditions, which I do not recommend to beginner and intermediate investors. 

This house had a leaky basement, black mold on all foundation walls, and a cockroach infestation. We found a dead mouse in the electrical panel and the whole house was knob and tube electrical: a known fire hazard and because of it’s proximity to a University, no bank would give us A rates. 

On top of that, we’re buying with a corporation and we’re a weee bit stretched on credit.

In the end, we renovated top to bottom and I’m beyond ecstatic with the 2nd appraisal.  The first appraisal sucked, the second was $40,000 higher after I provided the 2nd appraiser extensive details of the costly renovations plus a quality comparable sale of my choosing 😊.

The plan is to reinvest the real estate profits via stock hacking, which is my favourite thing to do, have profits reinvested for more profits, reinvest again two more times, then eventually we can pay for a new pool next year paid for with profits.

None of this would have been possible without:  A) Being Canadian and B) Investing in whatever.

I don’t care what you invest in, just that you invest and exit the rat race.

On to this week’s show! This week we have Diana House!

Balling out on Necker Island, Commercial Investing and Lending, New Start Up to Fight Covid19 with Diana House

A SERIAL ENTREPRENEUR OBSESSED WITH EMPOWERING ENTREPRENEURS IN THEIR BUSINESS FINANCES. 

Her track record speaks volumes: she has built a highly profitable 7 figure company, been on Dragon’s Den (the Canadian version of Shark’s Tank), done a successful crowdsourcing campaign and sold two businesses in the e-commerce space. 

She now works with a fellow entrepreneur, her husband, on FFV Capital and Fast Forward Ventures, their real estate companies focused on private financing and commercial real estate investing. 

She’s been featured as one of the top female entrepreneurs in Canada by the W100 and also recognized as a top 20 under 40 entrepreneur by Business London.

I give you, Diana House.

Subscribe on Android

To Follow Diana:

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

Linktree: https://linktr.ee/dianapowerhouse

Go Fog It: https://www.gofogit.com/

NO MORE Confusion

After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.

Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.

At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.

Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!

More secrets you’ll uncover are:

  • Profiting in a HOT market…
  • Municipal bylaws to watch out for…
  • Mortgage terms that favour refinancing…
  • AND one barely used tactic for higher appraisals…

If you’re frustrated, unsure of how to get started, this is for you.

 Sign up now for the Invitation List and be one of the first to get an invite to the next class.

Sponsored by:

Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.

Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.

W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/