Flipping, Developing, Building, Podcasting, BRRR’s, High End Student Rentals at Barely 30 Years Old With Andrew Hines

Hello fellow Wealth Hackers!

For those of you who attended the Wealth Hacker Conference, thank you again for the outpouring of positive feedback. It’s been quite overwhelming.  The performance of this podcast in downloads is quite humbling as well as we are now 50% above our 2019 monthly average. We will have announcements soon regarding the Wealth Hacker Conference of 2020 as we are engaged with certain elite level Wealth Hackers to keynote our next conference in the fall of 2020. We are definitely looking to 10X from an already 10X’d 2019, so stay tuned, subscribe to this podcast where ever you listen to podcasts, or better yet subscribe to our email newsletter at www.truthaboutrealestateinvesting.ca so you can receive the latest episodes of this podcast and have all the show notes and links so you don’t have to scramble and take notes while you’re listening.

One of the biggest lessons for me in 2019 was because of the quantity of time Cherry and I spent working and investing, we had to make a concerted effort to at least improve the quality of our time together as a family.  I’m a bit of a workaholic and on my phone way too much at times, so one game we started was if the kids catch mom or dad on their phones at the table during meal time, they would get a sticker. 5 stickers earned them a present, so both parties were highly motivated to police the no phone at the table rule and I’m very frugal and don’t want to spoil my kids more than they already are.

The kids also get a sticker each time they finish one of their workbooks as homework. Again, five stickers equals a present of their choice. As usual, I have no idea what I’m doing, and I’m trying to incent the kids to do work so they understand work equals rewards.

Funny enough, my daughter keeps asking if we’re doing another conference… imagine that. A five year old’s context is to put on a major event each year and to speak to thousands. Will be interesting to see where this goes.

This week’s guest is my friend Andrew Hines, and this is a great episode. We talk about developing real estate and where the development market is going, high end student rentals, how Andrew didn’t have to invest in disaster properties to receive great price appreciation, the importance of having a great mentor, and borrowing private money to invest with. Again, a great episode.  

Andrew Hines is a real estate investor from Burlington, Ontario and he’s primarily invested in London, Ontario. As of the time of publishing this interview, Andrew has a approximately $4,000,000 in real estate holdings and is the host of The Andrew Hines Real Estate Investing Podcast.

Andrew advocates the use of the BRRRR method to achieve financial independence, and he has become quite proficient in construction management, building, and development due to his value-add approach to real estate investing.

Andrew owns several companies, including a construction general contractor, and has built out multiple investment property units in Southwestern Ontario Canada.

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Show Notes:

Podcast: https://podcasts.apple.com/ca/podcast/the-andrew-hines-real-estate-investing-podcast/id1453461753

Profunds: https://www.profunds.ca/

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

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

How 6 Time Best Selling Author Derek Foster Retired at 34

Hello Wealth Hackers!

Thank you all again for feedback and support of the Wealth Hacker Conference! I still haven’t gotten back to all the overwhelmingly positive feedback, and also thank you for the constructive criticisms. Our objective from day 1 was to provide the attendees value, so expect the next conference to be even better. On a future episode I’ll share some of the truths about conferences. It’s not the prettiest story, but I’ll save that story for another time.

Welcome to all the new listeners! We are currently experiencing a new level of downloads, about 50% above our previous monthly average in 2019. If you are new to this podcast and are enjoying it, you can sign up for our email newsletter with my show write ups, show notes, and new episodes right in your inbox so you never have to miss an update or great guest. We have another great one today with a six time best selling author, but we’ll get to Derek shortly.

If you’d like to help shape the Wealth Hacker Conference 2020, let me know who you’d like to see as our keynote speaker next year.  Tag me @erwinszeto on Instagram or facebook so I see your feedback. Remember, this conference is for the people and we will reach out to speakers based on who the people want. We’ve already started reaching out to major influencers in business and investing.

Speaking of keynote speakers, Grant Cardone was our keynote for the Wealth Hacker Conference that just passed. Grant was great to work with and well liked by his team and community, hence I made note of how he interacts with people. Grant says people don’t actually like him, they like how he makes them money. For those who enjoy money and the options money provides, you can understand what he means.  When I give money to charities, they are always most appreciative. They don’t like me per se, they don’t know me, but they like what I do for them.

Back to Grant, as big and as successful as Grant is, he doesn’t act like it. On our scheduled phone calls, Grant would still ask me if I had a couple minutes for him. On Nov 9th at the Wealth Hacker Conference, Grant and family took their private Gulf Stream jet (I hear they’re $60 million to buy, plus pilot, plus fuel, plus jet parking) to Toronto. We sent them a limo to pick them up from the airport, and when Grant walked in to the Toronto Congress Centre with his beautiful wife he greeted me like an old friend and asked if I had a couple minutes to discuss his thoughts about his coming keynote talk.

My response was of course, “Yes Grant, I have more than a couple of minutes for you 😊

Contrast that to the cold calls, emails, and messages from random strangers selling me themselves as speakers, or negotiating ticket prices. I felt like sending them each a link to How to Win Friends and Influence People by Dale Carnegie, as basic manners seem lost on many.

One of the rules of the Wealth Hacker journey to success is inch by inch, not mile by mile.  If a star like Grant can talk to anyone like a guest in their home, then I’m going to as well.  

How 6 Time Best Selling Author Derek Foster Retired at 34

On to this week’s show!

We have a very special guest in Derek Foster of Ottawa, Ontario.  He’s happily married with eight kids. Derek jokes it’s because Derek doesn’t have a regular job and neither does his wife, so they’re home a lot, hence the eight kids. Derek is a six time best selling author, and my favourite book of his is Money For Nothing And Your Stocks For Free because he introduces his strategy for option selling.

If you’re new to investing in the stock market, I recommend you read Derek’s books as they are written at an introductory level for a grade schooler. I wish I’d read these books when I was younger, as I’d be further ahead.

Anyways, I’m a big fan of Derek and it’s not easy to get him as a guest, so I bought of bunch of his books to get his attention, and I’ll be giving away to iWIN members.  Derek explains on this show how his strategy worked, the mistakes he made, and his biggest wins. How he lost 75% of his savings before finally getting himself properly educated.  

For anyone who thinks stock options is risky, Derek shares his own experience, strategy and stocks he’s trading. 

Disclaimer time!

This service is provided to you for informational purposes only and is not investment advice to you or any other person. We are describing the investments we have made for ourselves and is reflective of our own circumstances. Your circumstances are different and any discussion here is not intended to be and must not be considered to be a recommendation for you to make the same investment(s).  Consult an adviser or dealer licensed in your jurisdiction before making any investment decision.

Derek is a nice guy and so am I, I hope. FYI, Cherry and I made a $10,000 donation on behalf of the Wealth Hacker Conference to clothe, feed and provide presents to Hamilton’s most impoverished families. We’re still processing payments from the event and will make a second $10,000 donation for a total of $20,000. That’s enough to fund an entire holiday budget for us to support 40 families or, our preferred metric at the Hamilton Basket Brigade, Best Christmases Ever.  I’m not bragging, however I do believe actions speak louder than words and we Wealth Hackers, we will be the change we want to see in the world.

It is my honour to present to you Derek Foster:

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Show Notes:

To purchase Derek’s books, go here: https://stopworking.ca/order/

Derek on the Strombo show: https://www.youtube.com/watch?v=mq1mkP7tLqY

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

Our Journey To The Wealth Hacker Conference

There’s so much going through our heads in the last 48 hours.

As excited as it was for us on Saturday at the Wealth Hacker Conference, we didn’t start out that way.

Our journey started off around the time when Cherry’s grandma passed away. A small idea was planted by Maryanne Gillespie, Erwin’s coach, to host free classes to share the idea of building long-term wealth through real estate investment.

We discussed and we brainstormed, nothing really firmed up and Cherry took off to Hong Kong to attend her grandma’s funeral.

When Cherry arrived at Hong Kong after her 16-hour flight, Erwin already recruited a bunch of his friends, most of them are real estate experts, to join him on hosting an all-day educational event.

Talking about taking action, I’ve never wasted time to take action!

That was the beginning of Wealth Hacker Conference.

In February, we attended 10X Growth Con at Marlins Park Miami, part of the 32,000 people who attended the event. We were completely blown away by the 10X philosophy, but we had little idea how much 10X Growth Con affected our own planning.

We hired an event planner, Shauna Arnott, who’s also the host of the event Haste and Hustle. She brought up the idea of bringing Grant Cardone to Toronto. 

Grant is a real estate mogul. His philosophy is about investing in himself and building long-term wealth. He’s all about taking responsibility of our own lives and 10X the goal and effort to achieve the 10X goal.

Grant was a great fit, but … would his personality get along well with our humble Canadian crowd?

When in doubt, Erwin turned to Facebook.

He posted the question and asked, “Would you like to see Grant Cardone or Robert Kiyosaki?”

The rest is history.

We had a delay booking Grant, then we had competition. Then we had problems firming up a venue.

We wanted to deliver the best value, instead of just another real estate educational event.

Erwin reconnected with his friend, Omar Khan, who has been tirelessly sharing his simple stock investment strategy with everyone around him.

Omar has lived his life on his terms. He spends most of his days managing his properties and trading stocks. Almost no one has seen him speak in public before.

We know that the world needs to hear him sharing his virtually unknown investment strategy, but we had our doubts about him early on. Can we put Omar on stage to speak to 1,500+ attendees?

Our ticket sales weren’t exactly how we expected in the summer. Our marketing agency decided to leave us before the end of summer. It was tough, but it was a blessing in disguise.

This was the turning point for us. A light bulb went off in our heads. We realized that both of us needed to step up, take charge, take responsibility and promote.

If this event is our version of 10X, we gotta 10X our effort to 10X our results!

It wasn’t easy. From writing the emails that you see everyday, to posting on social media strategically, to driving for a few hours to present at different venues, to interviewing Grant Cardone in person in Miami, we spent a lot of time, effort, money and tears along the way.

Is it worth it? Hell yes. 

We have grown to become someone that we have never thought possible. We now come to appreciate the value of our network and our list 100X more. Thanks to Tom & Nick Karadza, who taught us about building and nurturing our list, before we even started having any businesses.

Are we done yet? We hope not. 

We still have a message to share. We still want to continue to help you to build your long-term wealth.

We still want to make sure you can take control of your financial life, quit the job that you’ve always wanted to quit, pay for your children’s education, and travel around the world.

You can continue to join us on our wealth hacking journey here.

Thank you once again for joining us at Wealth Hacker Conference.

Until next time,

Erwin

Subscribe on Android

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place, as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast. I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want, but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients featured on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t, and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form, and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

Ready, Fire, Aim Real Estate and Stock Hacking w/ Habib Olawale

Hello Wealth hackers!!

What a week I had last month!! Fresh off Thanksgiving, it was already a short week and I took a 6am flight to Miami, Florida on Tuesday for my meetings with Grant Cardone and Steve Spray at Cardone Enterprises.  Honestly, I don’t usually book my own flights. Cherry usually does, or my travel agent, but being ultra frugal at times can cost me in different ways than money, and this time it did. Getting up at 2am for a 6am flight really cost me a lot of energy on Tuesday, so let that be a lesson learned for next time.

Hotel check in time is not until 3pm, so arriving at noon wearing in a suit jacket in humid, 28 degree celsius weather, while dragging luggage with me is hardly practical…

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Thankfully, I was able to check in early, at noon (Thank you Courtyard Marriott). I felt like crap, so I had a nap and did some work until my 3pm meeting with my videographer, Dorian Nash.

Dorian is a good guy, a 25 years old from Michigan who moved down to Miami to get out of his comfort zone, and make more money to pay off his student debts from college.  Sadly, he could not find his path in college. He did study Psychology, but they didn’t teach him anything about the Psychology of Success (That’s the title of a wonderful book by Brian Tracy that I highly recommend).

Dorian’s story is not uncommon. He went to college, it hasn’t helped him in his career, but he’s still paying off the debt. He asked me on camera what I would advise someone who is 25 years old and my advice doesn’t change.  

Invest in yourself first, get educated in areas where you can provide the most value in your current situation, assuming you like where you work.  Look at who makes the most money in your organization, then request to take on similar duties. You’ll notice whoever makes the company the most money or saves the company the most money earns the highest incomes. 

My path was no different when I worked in corporate: I explored ways to transition into the Sales Department as our Sales Executives all made six figure base salaries and very lucrative bonuses based on performance.  I was highly inexperienced when I checked the job description, so I made the move from Operations to Product Management.

In a software company that sells software products, those who manage the products are valuable and my salary increased by over 40%.  Increased salary meant more savings, more RSP matching, more credit for mortgages for investment properties or funding your stock investing account.

Many people start out trading time for money, so you may as well trade your time for as much money as possible. I was no different and Dorian is no different. Then we discussed real estate and stocks. As he’s still in debt and doesn’t have a downpayment for a property, I suggested stock hacking and he’s definitely interested.  He’ll start small just like we all do, but it’s better to start and start small then not at all.

Anyway, as mentioned, I was in Miami, Florida to meet with Grant Cardone’s team and to interview Grant for my podcast. For me, it was an awesome interview. I took a week to prepare my five questions I had to submit in advance. I wrote a sixth on the spot then had to freestyle, as I think Grant was enjoying the interview and we went over the 20 minutes I was allotted. 

We discussed how to avoid burnout, how he’s raising his daughters and their education, why he shows off so much with his Rolls Royce and private Gulf Stream jet plane, why people hate him and why people love him. The lovely Elena Cardone walked in during the interview as well so I couldn’t help but ask her if she’s coming to Toronto on November 9th and spoiler alert, she is.

Elena Cardone is totally underrated as an influencer by the way.  She has so much presence, it felt like Julia Roberts walked into the room when she did. 

I’m getting side tracked, on to this week’s show!!

Ready, Fire, Aim Real Estate and Stock Hacking w/ Habib Olawale

We have my friend Habib Olawale of no surname 🙂 Habib doesn’t share his surname on social media, so to respect his privacy I’ll leave it out here as well.

Habib is a real estate investor with properties all over the Greater Toronto Area.  His strategy is not quite refined, but he’s bought mainly new construction condo apartments spread out over the Greater Toronto Area.  He’s done some stock investing as well, as he explains, but I think it’s safe to say his strategy was hardly sophisticated.

We met over social media, as Habib reached out after being a fan of this show. He came to an iWIN meeting in July, saw the presentation by Matthew, Omar and Adriano, my stock hacker friends and ever since, Habib has been obsessed with stock hacking.

Habib took the first Stock Hacker Academy course in September and to date has made himself over $10,000 as a beginner stock option trader.  Note, he’s made far more on his real estate. However, even Habib wouldn’t recommend anyone follow his strategy, but the most important part is he got started.

For anyone interested in taking the same Stock Hacker Course Habib did then save the dates Saturday and Sunday Nov 30th-December 1st for the in class portion of the next Stock Hacker Academy.

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Show notes:

Two books mentioned:
Money for Nothing by Derek Foster
Get Rich With Options by Lee Lowell 
FYI – both authors are expected as future guests of this show

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

How An Investor Retired Him And His Wife With Dividends in 2011 With Brian Zammit

Here’s a quick update from these parts, my stock option selling is going great, my realized return is $550 and I’ve collected $1,100 in cash. 

In bigger news, my AirBnb is now sold, fully furnished, and we close in just a few days! I can’t wait to have that capital back so I can trade more stock options!  The plan is to increase my bank roll into six figures and take it from there. The last six weeks have been amazing for myself and our group of 70 stock hackers. With each day that passes, we have more investors reporting in their first thousand dollars in profits. Several have a couple thousand, my friend Monica reported 10% in returns in just six weeks. That’s a high number for the group thus far and, just to clarify, those are absolute numbers not annualized and the last few weeks have been quite good for the market… let’s see how long the stock market holds up.

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In even bigger news, we’re about to pass 1,200 in ticket sales for our Wealth Hacker Conference. I’m realizing I don’t often mention how many tickets we’ve sold, but for everyone involved, this is the biggest audience we’ve ever spoken to. Grant Cardone, our keynote, has done several talks to much bigger audiences, but this is yet another step out of my personal comfort zone.

Get comfortable being uncomfortable, I always say.  If you’ve followed my story of always trying out new things: AirBnb, private lending, stock option selling… and stuff in my personal life. I’m a weak swimmer but I got my SCUBA license and have done at least ten dives. Crossfit, Brazillian Jiu Jitsu, facing my fear of heights, etc…. I’m no one special, but I’m determined to just show up, go through the process, give my best on a daily basis, and results tend to show up. 

For my fellow introverts, this may shock you… I prepared and delivered a presentation in Toronto last week, I went through my slides once in preparation to a room of 50-60 of mostly strangers. I’ve never given a talk on joint venture investing in real estate before, but it was well received. Just like this podcast, I think people enjoy the no agenda, no-holding-back sharing we do on this show. One thing I don’t like to do on this show is to NOT scare the listener. As I produce this episode, Halloween is only days away but I’m talking about much scarier things, such as a recession.

Recession, recession, recession.  There I said it. I hear it often, I don’t know when it’s going to happen. My crystal ball is no better than yours, but what I know is my portfolio is designed for said occurrence because it pays for itself. My portfolio mix is almost entirely duplexes and student rentals in areas with very little vacancy.  

The great things about recessions is the opportunity to buy the bottom and retire shortly after, like this week’s guest Brian Zammit.

How An Investor Retired Him And His Wife With Dividends in 2011 With Brian Zammit

I’ve known Brian for a couple years.  He’s extremely successful with his eCommerce business of buying goods from the far east to market and sell to the west, some on Amazon too. Brian has been doing it very successfully for years.

Brian is also a real estate investor, but he didn’t retire off of his real estate. Regardless, he invests in real estate, which qualifies him to be on the show. However, I wanted this specific part of his story, so you the listener may benefit and hopefully retire shortly after the next recession like Brian and his wife did.  

Brian retired him and his wife off of the stocks he bought in 2008 and 2009, after learning how to sell stock options by reading Canadian author Derek Foster’s book “Money for Nothing.”  The same book we’ve mentioned on this show a couple times.

Brian timed a once in a lifetime opportunity and nailed it. He doesn’t think so, and I’ll let him explain, but if you can make an investment and retire off of it, I’m all ears because when the next correction comes, I want to be ready for it.  

Brian shares how he timed the market, the plethora of books he’s read, what he really thinks of Omar and Matthew’s Stock Hacker Academy, the same program him, myself and a couple other past guests are taking.

Brian is a good guy, really sharp, and I’m really glad we had someone like him in the first group through the Stock Hacker Academy to validate that the strategy works.

Subscribe on Android

To follow Brian:

Web: ecommvip.com/register

Books:

  • Intelligent Investor, Benjamin Graham
  • The Investment Zoo: Taming the Bulls and the Bears, Stephen A. Jarislowsky
  • Beating the Street: Peter lynch
  • Bull in China: Jim Rogers
  • Thomas Connolly: www.DividendGrowth.ca

Are you interested in learning more about selling stock options?  Our expert teachers Omar and Matthew’s next talk is at the Wealth Hacker Conference in Toronto on November 9th. 

For anyone interested, the presentation that opened our eyes to selling stock options, you can see that exact presentation if you use the promo code stock when purchasing your tickets to the Wealth Hacker Conference.

All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter stock.

Or use the direct link in the show notes: 

Link: https://wealthhacker.eventbrite.ca?discount=stock 

For anyone interested in taking the same Stock Hacker Course Habib did then save the dates Saturday and Sunday Nov 30th-December 1st for the in class portion of the next Stock Hacker Academy.  We will announce full details on November 9th at the Wealth Hacker Conference. See you there!!

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

10X Grant Cardone

Hello Wealth Hackers!! 

Welcome to the truth about real estate investing show and we have a special guest in Grant Cardone this week.  If you’re not familiar with Grant, he is the bestselling author of The 10X Rule and If You’re Not First, You’re Last. He’s also a sales trainer, speaker, and entrepreneur who has worked in real estate and the auto industry. Grant Cardone is a real estate mogul who built his $1.2 Billion portfolio of multifamily properties from scratch. Moreover, he was named the #1 marketer to watch in 2017 by Forbes Magazine.

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A post shared by Erwin Szeto (@erwinszeto) on

You know that saying,  “You can judge someone by how they speak to the secretary”?

Well, you should see Grant. He definitely leads from the front, and I can see it in the people who work with him that he’s well liked. Grant will say people only like him because he makes them money, but he’s definitely charismatic, funny, and witty.

When I wasn’t with Grant, I was hanging out with one of Grant’s lieutenants in Steve Spray. He’s the host of Cardone University’s Mastermind and he’s really cool. Steve used to be so broke that he secretly lived in a furniture store where he worked. Since Steve joined Grant, when they were only around ten employees, they have grown to 175 and he is extremely successful. We had lunch and did a workout together. Steve did 100 pull ups. I think I did 45. I’m going to play the age card this time as Steve is 10 years younger than me.

Steve shared how Grant personally coaches him, which is wild to have a coach on that level and, again, Steve is already very successful and is still learning.

The experience of being around Grant and his people definitely expanded my mindset to think bigger and I hope the same for you, the listener. It may not seem like it, but I stewed on these five questions I was asked to submit in advance. I’ve watched a lot of interviews of Grant and wanted to pull out a story no one has heard yet.

Personally, this is one of my favourite interviews, in that it was challenging and fun. From joking about Canadian modesty to next level, multifamily investing in the hundreds of units. Grant’s Cardone Capital manages $1.2 Billion USD in real estate so he’s definitely the biggest real estate investor we’ve had on this show.

If you’d like to see Grant live in Toronto, on November 9th, go to www.wealthhacker.ca and use the promo code thetruth to save 10% off the public price.

Link: https://wealthhacker.eventbrite.ca?discount=thetruth

Subscribe on Android

Like Grant said, bring the whole team, your partner or spouse. I’ve been working with investors since 2010. A partner who is against investing will doom your investing business.  Get them on the same page, on the same path and journey to 10X your wealth. 

Get your tickets today at www.wealthhacker.ca. I do suggest upgrading to premium or VIP to avoid the big lineups to register and for seats closer to the stage. At the time of recording we’re about to pass 1,100 tickets sold. We will see you November 9th!

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

Wealth Hacker – The Origin Story of Erwin Szeto

Hello and welcome to the Oliver Manalese show with your guest Erwin Szeto. LOL.

This episode is something different.  My old friend, Oliver Manalese, one of the most successful rent to own investors I know, asked me to be his first return guest on his show.  Oliver is a good guy. His business is to coach people through their problems, many self inflicted. I joked with Oliver when booking our interview,  “You’d be losing you S&$% with me if I was your client!” I know my coach already is. LOL.

Anyway, the tables are turned today. Oliver has known me for years, since 2008’ish, so it’s cool to be interviewed by an old friend who will ask those next level deep questions.

Without further ado, I give you some guy. He’s a husband and dad trying to figure out the most efficient path to financial peace and to make his kids proud.

Website: https://olivermanalese.com/2019/10/09/wealth-hacker/?fbclid=IwAR0aQqSU-zVVRnnsnAp6eW9irCLGDPLsHOckWVMIFlcOXHMx6sagG9VjhUk

Subscribe on Android

To follow Erwin:

Website: http://www.wealthhacker.ca promo code for 10% off thetruth

Facebook: https://www.facebook.com/erwin.szeto

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

LinkedIn: https://www.linkedin.com/in/erwinszeto/

Charity: https://www.hamiltonbasketbrigade.com

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

Hello Wealth Hackers!!

Welcome to the Truth About Real Estate Show!!

If you’ve ever felt like an underdog or that project or investment you wanted to start looks insurmountable then please just think of this podcast.

Everyone and everything starts from the bottom. If you did me the displeasure of listening to the first few episodes of this show, you know how bad it was.  I was nervous as heck, I spent hours to prepare and produce the show as part of a six episode experiment. I stuttered more than usual.

I like to experiment or test, so if a project fails, you move on to the next thing. Learn lessons, and move forward. I knew from the beginning that I wouldn’t be the most well spoken host. Our music is, well, something I put together on GarageBand. Our audio quality wouldn’t be the best, as my guests are hundreds if not thousands of kilometers away and driving is just a time vampire.

I’m not sure what happened in the last month, but we’ve had an overwhelming inflow of positive feedback.  Shout out to Jody Fleck, your email still makes me smile. I’m happy to hear you connected with Anna Moore, who is a past guest of this show, and are doing amazing things in affordable housing for retirees.

This morning, I checked our reviews of this podcast as a barometer, as I’m updating our Marketing from time to time, and in the whole world of business podcasts on iTunes, this little podcast that could is ranked 88th.  Lucky number 88. A podcast with a niche of investing and for Canadians.

Want to know the crazy part? There are only three Canadian Business Podcast ahead of the Truth About Real Estate Investing, including the CBC who has a lot more funding than I do. LOL. None of the three are about real estate, so I’m just speechless.

Please do keep sending in your feedback, it does help me guide where we go with the show.

One consistent feedback we have been getting is how we much truth we are sharing on this show about failures, especially mine. I’ve shared how I’m selling my AirBnb as it doesn’t generate enough income above and beyond a long term rental. Before that, it was a student rental, but that didn’t work out thanks to a student tenant who was just a nightmare.

I’ve said it from the beginning, this is the Truth About Real Estate. It’s not always perfect and many influencers out there do have an agenda to promote their businesses. As marketers, they don’t want to share the scary parts and there isn’t really enough time for it in our format. 

However, as the host of this show, I have a lot more talk time. To make it easy on myself, I speak off the cuff, unrehearsed, just telling it like it is.

In case you missed it, the property I offered for short term rental, didn’t work out for me, hence I’m selling it to do some stocks with a goal to earn higher cash flow returns like my friend, Adriano,  who is also my electrician from Etobicoke. He earned $120,000, or 30% returns, in his first year as a stock hacker.  I can’t thank Adriano enough for getting me off my ass to believe I could be an option trader too and he is the guest of this week’s show!

How An Electrician Learnt to Hack Stocks and Earn Six Figures From His Smart Phone with Adriano

Adriano is a wealth hacker. He operates a six figure business, owns a mid sized apartment building, plus three other investment properties, and he’s a six figure stock hacker.

Adriano is also only a few years away from joining Canada’s top 1% of income earners.

Let that sink in. Someone whose formal education is Electrician college and he will out earn 99 out of 100 Canadians.  I want the same as Adriano, hence I’m selling one of my ten properties to fund this investment strategy. Call it diversity, call it a cash flow play, I just want another six figure stream of income.

Adriano is mentored by Omar Khan and Matthew Todman, both past guest of this show from a 2-3 weeks ago. If you haven’t already, have a listen to those episodes after this one.

If you’d like to take a deeper dive, you will want to see Matthew and Omar present on Nov 9th at the Wealth Hacker Conference where we have some of the world’s leading experts on growing a business, investing in real estate and stocks. Our keynote speaker is Grant Cardone who also has multiple streams of income totaling over $100 million in revenues and his real estate company manages 1.2 billion of real estate.

As a special bonus to fans of this show and those interested in learning how to hack stocks like Adriano the electrician, use the promo code STOCK when buying your ticket and we will send you an exclusive video of a private presentation Omar and Matthew and Adriano did for my members-only iWIN group.  All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter STOCK.

Or use the direct link in the show notes: 

Link: https://wealthhacker.eventbrite.ca?discount=stock 

If you don’t like stocks, that’s OK, I didn’t either. I was almost wiped out in 2008 with my stocks. The truth is, I chose very young companies, highly speculative ones that didn’t pay dividends. Now I only want to own the cream of the crop of blue chip companies with decades of track record paying dividends. Only boring stocks for me as I despise speculation and gambling.

Subscribe on Android

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city.

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor.

If this interests you, go to www.wealthhacker.ca/stock

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

Selling My AirBnb To Fund My Stock Hacking & the Rent to Own Queen Rachel Oliver

Hello Wealth Hackers!!

This is the truth about real estate show and our show title couldn’t explain better what it is we do here.

Thank you listeners and thank you guests of this show, September is a new personal best for us in downloads and our top episode is not what one would expect.  The episode with stock hacker Matthew Todman is already one of our most downloaded episodes ever and we did not spend much time talking about real estate.

Matthew is a serious real estate investor having 10 investment properties. To give that number of properties context, past guest of this show, Dion Beg, who is a mortgage specialist to investors, told me around 10% of his clientele achieve 10 or more properties. This coming from someone who only works with investors. What’s interesting is how he raised the funds for his down payments: selling stock options on safe stocks. Have a listen, as he explains it much better than I do.

Update on my Airbnb, as explained last episode, my September rents were projected to fall under that of a single family home.  Like many investors, we have lots of equity as we’ve been investing for quite some time with ten properties, so selling one in the pursuit of more cash flow is not the end of the world.

I’ve shared this story to my mastermind group with some of the top investors in Canada and at the KWCREI meetup up. Thank you Doug and Anna for having me out to share. Surprisingly, no one disagreed with my decision. Well, one friend did, but when I clarified there was not an affordable option to legalize the basement into an apartment, she agreed and now she too wants to learn more about stock hacking. LOL.

Speaking of learning, to quote Warren Buffet, the most successful investor in the world, “the more you learn, the more you earn.”  My wife, Cherry, discovered Warren’s cartoon series for kids and it’s awesome! We don’t let our kids watch much TV. It’s not the easiest, as we have to then be more active parents, but when we discovered this cartoon series by the Oracle of Omaha, we had to give it a try.


The show is called Warren Buffet’s Secret Millionaire Club and it’s all free on YouTube or its website. Link: https://www.smckids.com/ The challenge with the website is I can’t get it to broadcast from my phone to TV. How lazy does that sound?? I’ll plug in my laptop next time, as some of the ads YouTube was showing before a children’s cartoon were quite questionable: ads for upcoming horror movies… smh.

In the show, Warren leads a small group of three young people as they figure through business challenges faced by young people. The first episode is about an unsuccessful lemonade stand. Warren runs down a checklist to figure out the problem and, spoiler alert, the lemonade stand is located on a low traffic street. Warren explains why a high traffic street would produce better results.

Each episode is short. We plowed through about seven episodes, and by the time we shut off the TV, my kids were repeating the “more you learn, the more you earn” catch phrase. Most of the time, the youngest mixes it up and says the, “more you earn, the more you learn”. 🙂

Quick update from my own investing, my ugly house that I bought without seeing that got Cherry really pissed at me: today the basement is being spray foamed, so we asked the tenants to not come back until after dinner. We also had a delivery of two brand new stainless steel fridges. The delivery folks will take the doors off the fridge, but I didn’t have anyone attend the delivery to take the front door off it’s hinges. Sigh. It is what it is, so I hired my property manager to take care of the property while it’s partly vacant.

He’s also the same person leasing out the remainder of the home as a student rental, so fingers crossed we can get it fully rented to cover those steep, B lender mortgage rates! Ironically enough, Warren Buffet is a mortgage share owner of the mortgagee.

My AirBnb is being listed this week. I had two of the coaches on my team provide me what they think I should list for and, not surprisingly, they independently came up with the same number. I’m selling it furnished, which is uncommon, and I am sending in Jacqueline, the same stager who furnished the house, to add some final touches for staging.

Even I learn something new everyday. Even the nicest furnished homes require some staging, Jacqueline tells me she’ll add around 12 items: plants and decorations. I put books and plates and cups on my coffee table at home. Most people keep those spaces clear when selling, but when staging, she will decorate working surfaces. I’m such a nerd, I find this stuff fascinating. The path to success is measured in inches, not miles.

Continue to be open minded and willing to learn everyday. Having Jacqueline, my stager, go also saves me a trip :). She has a detailed eye and will let my handman know to take care of anything touch ups necessary.

Update from the stock hacker world: as my wife always tells me, I’m over thinking it. LOL. My trades continue to be good ones as I continue on a positive trend with 6% returns in about five weeks and my cash flow is now $921. I have to be assigned shares as my low risk strategy is working out. Much credit goes to my friends who are experts: Omar, Matthew and Shawn who have all been trading for 12 years. Disclaimer time: I’m not recommending, only sharing what I do. If you want advice, please seek the advice of a licensed professional.

Just yesterday, I was on a guest of a podcast showing officer Dave Knight of the 911 Wealth Network how I do a trade. From my smart phone, I sold a put on Enbridge and was paid $84 to do so. The $84 is deposited to my account, then I put my phone away. It took me less than 15 minutes. I’ll check in again in the afternoon but just to see how the market is doing, and put my phone away again.

Needless to say that’s the easiest $84 I’ve ever made in my life, and I can not wait to scale my portfolio up to earn more passive income. As an added benefit, I consulted my Accountant for the tax handling of options income and I’m quite happy with it. Please check with your Accountant. 🙂

For anyone interested in learning more about stock hacking, my expert friends Omar and Mattew and sharing this little known secret on November 9th at the www.wealthhacker.ca conference. As an added bonus, if you use the promo code “stock” we will send you an exclusive video of a private presentation Omar and Matthew did for my members only iWIN group. All you need to do is go to www.wealthhacker.ca and just before selecting what level ticket you want, click on the promo code blue hyperlink and enter “stock”.

Or use the direct link in the show notes:
Link: https://wealthhacker.eventbrite.ca?discount=stock

If you don’t like stock hacking, well, I was the same. Then my friend Shawn sent me a YouTube video from 2014 of Robert Kiyosaki, author of “Rich Dad, Poor Dad”, explaining how every professional investor needs to know how to sell stock options along with investing in real estate.

Here’s the link: https://www.youtube.com/watch?v=kfM_wKZ15dI

Selling My AirBnb To Fund My Stock Hacking & the Rent to Own Queen Rachel Oliver

On to this week’s show which has been a year in the making!

Rachel Oliver is an award-winning investor and co-host of Mothers of Real Estate TV Show. After 20 years in the corporate world, Rachel retired from the rat race to spend more time with her family and to invest in Rent to Own properties. Today, she is affectionately known as the “cashflow queen” because she helps investors profit with Rent to Own properties — without the headaches of being a landlord. She is also the author of an Amazon best-selling book, Rent to Own Essential Guide for Homebuyers. Together with her husband (Mr. No), Rachel owns and operates Clover Properties, one of the most reputable Rent to Own companies in Ontario. Connect with Rachel at Rachel@RethinkRentals.com

Host notes: pay special attention to husband Mr. NO, Neil Oliver’s, role and how Rachel gets her leads, and their qualifying criteria. The Oliver’s are extremely good at what they do.

Subscribe on Android

Are you newer to real estate investing or unsure of what to invest in next?

Would you like to know where the best areas to invest are near the GTA for the best return on investment?

Then you’ve found the right place as we’re here to help everyone from new investors to seasoned professionals. We have helped 100’s of everyday men and women buy their first investment property to their tenth property. It’s easier than you think.

My name is Erwin and you may know me as the host of this podcast and I’m also the owner of the iWIN Real Estate Team, the four time Realtor of the Year to Investors per the Real Estate Investment Network, and Canadian Real Estate Wealth Magazine.

My team of investor coaches are licensed real estate professionals who help everyday, hardworking men and women from the GTA grow their real estate portfolio in the most efficient way possible.  You are welcome to use any professionals and contractors you want but you’re welcome to our personal rolodex of professionals, the same people I use to become a successful real estate investor.

If you’re too busy, we understand. You have better things to do, have dinner with the family, watch the kids play sports. What we do differently is we will preview properties on your behalf to pre-screen only the ones that are ideal investment properties. Many of our clients features on this podcast will even make an offer conditional on a home inspection so they can both beat the competition and have a chance to view the property before making a final decision during a professional home inspection.

After the purchase, we can refer you to our favourite property manager who is a former police officer with 20 year experience with the local police department. He also happens to be well over six feet tall and 220 pounds with a keen eye for finding you great, worry free tenants so tenants never call you and you can go on enjoying life knowing your investment is taken care of.  As an added bonus of being our client, he only takes referrals from our team. This property manager is the most well reviewed property manager I’ve ever seen in my city. 

You can’t get financing? You’re in luck.  My personal mortgage broker is the best I’ve ever seen in my investing career. You may just be talking to the wrong people about a mortgage whereas my guy has more relationships with various banks and lenders others just don’t and often they’re less expensive.

For any of the above, go to www.truthaboutrealestateinvesting.ca/contact, fill out the form and one of the coaches I’ve personally trained will get back to you.

You don’t have enough down payment or earn enough income? On my first properties I partnered with my ex in-laws.  If you don’t have family to partner with, then I would suggest you learn how to hack stocks like my past podcast guests Omar Khan and Matthew Todman.  They both earn a mid-six figure income in only 30 minutes a day by getting paid to own blue chip stocks at prices they want anyways. It’s almost money for nothing and as Robert Kiyosaki says, a must for the professional investor. 

If this interests you, go to www.wealthhacker.ca/stock 

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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

Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

Hello fellow Wealth Hackers!!

Many of you have been following my AirBnb and Stock Investing journey and one has come to a conclusion. I’ve failed in one while the other is prospering.

I invested roughly $10,000 in each as a test and the results are in.

I’m selling my house that I AirBnb’d while freeing up capital to fund my stock investing account.

Why? Real estate is best, right? Monopoly is won by owning not selling right?

My advice to clients is to not sell unless they have a better opportunity for their capital, and I think I’ve found mine.

Now that the summer is over, my projected rental income of my short term rental has fallen below that of a single family rental after costs of operating each. With short term rentals, I have many more operating expenses: special insurance, lawn care and snow removal, property management, utilities, internet. The cleaning costs are a wash as the guests pay for that.

In the end, I am very overweight in real estate and am pursuing more cash flow. After reading and being a part of Omar and Matthew’s Stock Hacker Academy and trading, seeing how my old real estate friends who do stocks as a side hustle are earning 30-40% year to date, I’m interested in taking stock investing further. 

In my first month as at time of this recording, my return on investment is 4.9% and I’ve collected 7.6% in cash. That’s gross and not annualized. With this virtually unknown strategy, I’m getting paid to own blue chips stocks at prices I want. I get paid up front too. 

My account started with $10,000, if I closed my positions right now, and I can with a click of a button, I would have $493 in my account in just one month. My goal was 2% a month.  

Disclaimer time. The past does not project the future, I’m not an expert, I’m not licensed to give advice, this is not advice. Go get advice from experts which I am not, this is simply me sharing the truth about real estate investing. My personal truth is I’m earning more cash flow as a percentage of my investment than I do on my AirBnb. Cash flow is the original reasons I got into real estate and cash flow will always be your gateway to freedom.

I’m not giving up on real estate. This is just us selling one of our ten houses, specifically the house that provides the least cash flow, with a bunch of capital tied up that I can’t access via refinance.

This is a personal decision where my goal is to create an additional stream of income like my friend Adriano the electrician from Toronto.  He is the same electrician who rewired my house to replace the knob and tube wiring in the house I’m selling and check out what he has to say

If you’re interested in learning more, Omar and Matthew, the expert stock investors I’m learning from, have their only planned public appearance for the remainder of 2019 at the Nov 9th Wealth Hacker Conference. Many of you are asking for more information since their podcasts came out, so I am giving it to you.

Go to www.wealthhacker.ca, after you click on the green button that says ‘Tickets’ there is a promo code hyperlink in the top left. Click that and enter the word “Stock” 

With the stock promo code, you save 10% off your ticket price and we will send you an exclusive 1 hour training video that is only available to my private iWIN membership group.  No one outside the group has seen this video.

In it, Adriano the electrician shares his experience. Omar and Matthew share how the strategy works as much as they can in one hour. 

If you are prolific in stocks as in you already have your 10,000 hours of experience and mastered stocks, you will be able to watch, listen and walk away being able to practice the same strategy.

If you’re low on stocks and options education and experience like Adriano and myself, you should take a course. Investing in stocks can be risky, everyone knows that, it’s why I only invest with blue chip stocks that pay dividends. I like my investments boring and predictable, but I’m honestly very excited to add another six figure income stream in only 30 mins per day, I just wish I started sooner.

Again if you want the exclusive, one hour instructional video, go to www.wealthhacker.ca, promo code “stock”, or use the link in the show notes at www.truthaboutrealestateinvesting.ca

Link: https://wealthhacker.eventbrite.ca?discount=stock 

The next LIVE Stock Hacker Academy course will be announced on Nov 9th at the Wealth Hacker Conference. Those in attendance will get first crack at the limited number of tickets at the best prices before we offer them to the public.

If you’re interested in the most effective strategies that you can apply right away that will 10X your wealth in stocks, business, and real estate, you want to be here. Nov 9th. Wealthhacker.ca promo code “stock”.  Promotion ends Sunday Oct 6th.

Erwin’s AirBnb & Stock Update & Wholesaler, Flipper Alex Kourmanis

On to this week’s show!

This week’s guest is a real estate investor who received media attention east of Toronto.

Alex Kouramanis is real estate investor from Toronto, specializing in the Wholesale and Flipping strategies in markets throughout Ontario. He has been investing for over 6 years, with the last 2 years being full time. In addition to investing, he is an online educator on Udemy and Skillshare, teaching Real Estate Investment, Negotiation and Personal Finance. Alex also co-hosts the monthly meetup TREIA, the Toronto Real Estate Investors Association with his friend and partner Luc Boiron.

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To follow Alex:

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

Facebook: https://www.facebook.com/alex.kouramanis

Do you have questions on wealth hacking? The shortest path to financial success or questions on investing in: houses, basement suites, coach houses, syndicated mortgages, private equities, public equities, sandwich leases, lease to own, student rentals, AirBnb, wholesaling, off market deals, house construction.  I’ll admit when I don’t know and will dial a friend for an answer.  

If you have a question, we don’t have any fancy means to receive questions, so if you enjoy the show and want to leave a five star review on iTunes, your question will definitely make its way to me and I’ll answer your question on a future episode of this podcast.

I’m also grateful for all your positive comments and fans of this show. It is my view that life would be a bit better for everyone if we all could make and save a bit more money at the end of the month and if you make a lot more then your family and community would benefit even more and nothing would make me happier.  Until next time, my name is Erwin and I am a wealth hacker bringing you the truth about real estate investing for Canadians.

Sponsored by:

TitanInvestmentRealEstate.com – 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 admin@mrhamilton.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, Toronto, Land Development, soon to be builder and Real Estate Investor

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