Buying Ugly Commercial Buildings, a Combined 300,000 Square Feet, Renovating on Speculation and Changing Hamilton with Steve Kulakowsky

I separated my rib just three weeks ago at a Brazilian Jiu Jitsu tournament and this past Friday I was back golfing indoors, taking full swings.  My core strength is not as good as it used to be but it felt good being able to swing as hard as I wanted pain free. I’m also back doing gymnastic movements at Crossfit pain free. The only time I now feel the injury is when doing burpees when my sore rib touches the floor but it’s barely noticeable.

My point is, I’ve had enough people call me insane for fighting other adults and ending up hurt, but what’s the worse thing that could happen? I lost and lost badly yes, I got hurt, but I’m OK.

So the worst case happened, time goes on, and I’m fine and getting ready for my next competitions. 🙂 Am I insane? I know I’m definitely different, and back to investing, what is the worst case investing in real estate? If you do just a little education, get a little good advice, buy a good property in a top ten town, you’re going to be fine. Worst case, you learn from your mistakes on the next one.

Or if you like giving 110% like I do to ensure more predictable results, hire a great coach and surround yourself with successful investors. If you’re looking for a place to meet successful investors, then come to the next Infinity Wealth Investment Network (iWIN for short) meeting where I’ve assembled a large number of the most successful investors I know. Many have been on this podcast and are killing it.  The super cool part is the investor community I know enjoys giving back so if you’re newer, that’s totally cool. You are more than welcome. Go to www.infinitywealth.ca  for more information.

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Hosted 🏠150 investors at our first Infinity Wealth Investment Network meeting. 🙏Thank everyone for the kind words and all those who signed up. You are getting in on the 🏗ground floor of something special and we take your trust in us very seriously. We are the change we want to see in the 🌎world, we are here to help, deliver value and experiences never seen before. . We just gained our first member of the Council of Awesomeness to ensure our members receive the most value, fun, experiences, and gain the 🔨🔧tools to build 💰wealth. . 🍻Cheers to all the action takers. Together, we rewrite our histories as it takes a village to raise a 🙌successful real estate business owner and investor. I am proof of how a network of 🥅goal oriented, sharing individuals can be successful and so can you!

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That brings us to this week’s guest, Steve Kulakowsky.  He’s one of our few returning guests and if you don’t know him, that’s OK.  He’s pretty much the youngest and hottest developer in Hamilton with numerous massive, mid rise, commercial real estate. He owns retail and office space with a little residential. Steve buys them ugly and renovates them into beautiful, interesting rental spaces. Check out their instagram, it’s commercial real estate porn https://www.instagram.com/coreurbaninc/ including nine of the hottest restaurants in Hamilton.

Buying Ugly Commercial Buildings, a Combined 300,000 Square Feet, Renovating on Speculation and Changing Hamilton with Steve Kulakowsky

Before our interview, I invited Steve to lunch at a fabulous restaurant on King William St, and they just so happen to be one of Steve’s tenants. I also invited Luke Wywrot, who is building a 30 storey apartment building around the corner, as Luke and Steve have never met before. Luke will be by the show when’s he’s less busy. We had an awesome lunch, I was the old guy among the three of us. Lots of ideas were shared on advanced real estate topics, and that’s what cool about so many investors I know. Many are open to sharing how-to.

Just like this episode, Steve shares what motivates him, tips and strategies to attract commercial tenants, a Field of Dreams strategy in a market with double digit commercial vacancy and low rents, going from residential to commercial, and on and on. Hopefully we can get Steve to give a talk at the April iWIN Meeting.

To follow Steve:

Instagram: https://www.instagram.com/coreurbaninc/
Website: http://www.coreurban.ca/

If you’d like an introduction to Steve and you’re a friend, please let me know.

If you need a friend defined please read How To Win Friends and Influence People by Dale Carnegi

If you enjoyed the show and would like to learn more about investing in real estate, then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

Student Rental vs Shared Mature Adults Rental. Which has more cash flow? Which has less headaches? Which removed all the drywall for the landlord with baseball bats? w/ Anna Moore

On Wednesday we hosted 🏠150 investors at our first Infinity Wealth Investment Network meeting. The biggest and best event I’ve yet to host with even bigger and better events to come. 🙏Thanks to everyone for sharing their kind words and all those who signed up for the iWIN membership. You are getting in on the ground floor of something special and we take your trust in us very seriously. We are the change we want to see in the 🌎world, we are here to help and deliver value and experiences never seen before.

Thank you to Charles Wah, Andy Tran, and Steve Ford for sharing their how to’s on small real estate developments, the ideal development investment for beginners. Thank you to Mike Iuliano for sharing his view of the stock markets, how he’s taking that information and applying to his portfolio. And, finally, thanks to my lovely wife and real estate Accountant, Cherry Chan, who is my partner in building Infinity Wealth. Thank you for sharing the taxation challenges of AirBnb’s and short-term rentals. If you have a short term rental, make sure you understand the taxation requirements both in operating and when selling the property.

If you missed it, that’s OK, the recordings are available for members. If you want to know more about the Infinity Wealth Investment Network, come check us out! You can register for the event at infinitywealth.ca. Our keynote speaker is none other than best selling author, master of raising capital (and has done so to acquire over 100+ properties), Russell Westcott, aka the JV Jedi.

Susan White Livermore, multi-millionaire mom, will also be in the house to share how she continues to get mortgages, event with her portfolio of 35+ properties.  It’s not pretty, but the bank makes the rules and they lend us hundreds of thousands, so it’s worth it.

The networking of course will be excellent, we had many folks stay over 1 hour after the event to chat. The restaurant for the post-meeting meeting had to give the rest of us the boot, and I took away massive value from the after-meeting meeting.  

I have been asked many times what is that one thing that is responsible for my success. There honestly is no one thing. I believe the path to success is inch by inch and not by miles. But if you’re always willing to learn, seek out mentors, like the guests on my podcast and the attendees of my events (as they are sharing golden nuggets all the time), then it’s up to you to apply them.

🍻Cheers to all the new iWIN member action takers. Together, we rewrite our histories as it takes a village to raise a 🙌 successful real estate business owner and investor. I am proof of how a network of goal oriented, sharing individuals can be successful and so can you!

Student Rental vs Shared Mature Adults Rental with Anna Moore

I first met Anna after seeing a piece by CTV Barrie on how an area student landlord was switching gears and renting to seniors instead (link below). Anna has been in the student rental business for 25 years. After the straw that broke the camel’s back, another abused rental property by the student tenants and thousands of repairs and clean up bills, she switched gears in renting to seniors.

As a student rental investor myself, I immediately reached out to AMR Property Management to speak to owner Anna Moore and here is our recorded discussion.

Anna is a veteran business owner with a successful printing company, she currently manages 200 doors (many are her own investments), and she vacations much of the winter in the Bahamas and Europe in the summer.

Yet another lifestyle success story for you listeners, as it’s not about the investment, it’s about what our investments afford us in lifestyles, and Anna is living the dream. Plus her business is ever improving as she goes from 5 senior rentals to offering as many as 50 this spring.

Without further ado, I give you Anna Moore of AMR Property Management

Link to CTV coverage of Anna: Company turning student homes into shared housing for seniors

Website: www.amrpropertymanagement.com

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

Little Known Strategies for a Perfect Morning, Perfect Day, Perfect Week for a Perfect Life with Craig Ballantyne

Hello Investor!!

How goes those new year’s resolutions? I personally do not make resolutions as my goals are being revised a couple times per year as priorities change and my goals for 2019 were set this past November.  If you don’t have goals… well my mentor Brian Tracy says “Goals are everything, everything else is commentary.”

One of my 2019 goals was to compete in one of my first Brazilian Jiu Jitsu tournaments on Jan 5th.  The decision was made to compete only 3.5 weeks in advance which was great – less time to stress about the competition.  I changed my schedule with my wife’s support and this definitely one of the hardest things I’ve ever done.

Preparing to fight other men is nerve wracking. I have to eat properly during the holidays, I had a total of three glasses of wine in December, made the time to train and, lucky me, I caught a cold a week before the event and couldn’t practice.

The day of the event, I lost my first match quite badly. I haven’t had the strength to watch the recording 🎥but I will eventually to show my coaches so they can tell me where I went wrong so I can learn from my mistakes. I was also injured in the process, my rib separated, so that was painful and I was scared but the quick turnaround between my early matches allowed my adrenaline 💉 to keep me in the fight.

This video is of my second and final match of the day. I forfeited the rest due to injury. I sped up the boring parts and my embarrassingly bad pulling of guard.

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Definitely one of the hardest things I’ve ever done. My first 🇧🇷Brazilian Jiu Jitsu tournament 🤼‍♂️. Preparing to fight other grown men is nerve wracking. I have to eat🍽🍴🥗 properly during the holidays, make time to train 🏋️‍♀️, I caught a 🥶😷 cold a week out so couldn’t practice. . 🤦‍♂️I lost my first match quite badly, I haven’t had the strength to watch the recording 🎥but I will eventually to show my coaches where I went wrong to learn from my ❌ mistakes ❌. I was also injured in the process so that stings but the quick turnaround between my early matches allowed my adrenaline 💉 to keep me in the fight. . 📽This video is of my second and final match of the day. I forfeited the rest due to injury. I sped up the boring parts and my embarrassingly bad pulling of guard 🤣 . 🤙What am I doing? I am pushing my limits. Entrepreneurs look to push themselves in areas outside of just business. I got steamrolled in my first match, I had a rough day and that is much worse than anything I’ll face at work this week or this month. As I tell my team, #nopressurenodiamonds 💎 . 🙏I want to thank my team mates and trainers and coaches 🦜 for getting me to through this event. This won’t be my last competition and look forward to healing and fixing the holes in my game. #nevergiveup

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Am I insane for doing this? Well my coach is doing a half iron man and  my old friend Quentin Desousa lost over 100 lbs in 2018 and is running a half marathon this year. One of my Jiu Jitsu coaches at the age of 46 is competing at the world championships in Las Vegas again this year.  

Successful people push their limits in areas outside of just business. I got steamrolled in my first match, I got hurt and submitted, but fought my next match 15 mins later.  It was a rough day and in business, shit happens just the same. Just know you can overcome your challenges, it’s been done before and there is no reason you can not do the same. As I tell my team and clients, no pressure no diamonds 💎.

I want to thank my teammates and trainers and coaches for getting me to through this event. This won’t be my last competition and look forward to healing and fixing the holes in my game. You only truly lose if you give up and I hate losing more than I like winning.

Speaking of successful people, at the time of this posting, I have over 150 of the most successful real estate investors from our community RSVP to my networking event.  The event takes place on January 23rd, which sold out in less than 80hours, and the waitlist now stands at 44. This is the biggest room of successful investors I’ve ever put together, so if you have big plans for 2019, you will want to be at the next meeting.

Our keynote speakers on Jan 23rd are currently building two houses from the ground up on a lot they already own via another investment property and had this lot severed. In simple terms, the land was free, so the returns are quite significant, especially the cash flow once the basements are legally suited.

Two houses >> four units, brand new.

This is an ideal strategy for investors new to developing and building, and we are very lucky to have Charles Wah, Steve Ford, and Andy Tran to share how they are doing it.

From Jason Gaignard, only 3% of the population are entrepreneurs, only 4% of those entrepreneurs have 7 figure businesses. They are rare. I’m one of the many that will be there Jan 23rd in Mississauga, Ontario. To get on the wait-list, please visit www.infinitywealth.ca/join 

You can also register for our next Street Smart Tour of Kitchener-Waterloo on January 26th, 2019 by Clicking Here!

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Craig Ballantyne is the first influencer I followed back in early 2000’s before influencer was a term to describe someone with a significant following.

I knew Craig from his highly successful online fitness training program. Craig’s clients would sign up online to learn how to exercise and diet to lose weight and live a healthier lifestyle. Craig also taught his business and marketing methods and produced many other successful online fitness entrepreneurs. He is the real deal.

Fast forward to 2019 and Craig is still crushing it. Two personal friends of mine are enjoying his personal coaching and I’m enjoying Craig’s Perfect Day Formula as seen below. Here’s the link if you want to check it out: https://perfectdayformula.com/

Craig is the author of the Perfect Day Formula and his brand new book “Unstoppable”. He’s been viewed on YouTube over 7 million times. Craig is one of the original gangsters, an OG of online direct marketing, and you can tell he’s been successful and around a long time when you read all the folks who wrote forewords for “Perfect Day Formula” – pretty much the who’s who of the entrepreneurship and marketing educators.

He’s also a podcaster at www.earlytorise.com

I ask Craig how to create a perfect morning, perfect day, perfect week, and perfect life. I think that’s something we all want.

I thought it was also pretty cool how we discussed Craig’s biggest fear of regret and what he’s doing to make sure his regret does not become reality.

Craig also shares how he built and organic following of almost 33,000 on Instagram with video.

This is an early favourite episode of mine for 2019.

Check him out on Instagram here: https://www.instagram.com/realcraigballantyne/

And seriously, you can email Craig at Craig(at)Godfather.com LOL!!

Without further ado….

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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/

Giving Cancer The Finger, Getting Screwed and Buying 10+ Investment Properties Anyways w. Tom Sullivan

Happy New Year my fellow investors!!

I hope you enjoyed the holidays and are ramping up for an epic 2019!!

I had my mastermind session with the WuMASTERS just before Christmas, an overnight affair with a bunch of ballers who all have big plans for 2019, 2025, 2040.

The amazing part is some of my mastermind members already have 80-90% of what I want, which is why I’m so lucky to be a part of this group.

Just have a look at the lovely log cabin we stayed at on the river is just on the edge of Cambridge. One of my goals in life is to live part of the year in what many would consider a vacation property, so friends and family can come visit whenever they want, stay a weekend or a week or two. I’ll work mornings only and come noon, I join my guests for lunch and take the rest of the day off. This property fits my vision and how cool is it we all got to enjoy it together.

2018 has been an amazing year for me and my family. Not business wise, as the government was successful in slowing down the market and, in turn, my business for the first half of 2018. Thanks to my investment portfolio, I can weather the storm between lines of credit and cash flow.

Real estate is not all sunshine and lollipops but keep in mind, the average investment property has its mortgage paid off around $500 per month by the tenant. If you have just five investment properties that’s $2,500 per month or 28,000 per year. How many people do you know are putting away 28,000 per year for retirement or for kid’s education fund?

I did a double take just last week to see my University program has increased its tuition to 28,000 per year!!! Up 155% from what I paid, or a compound growth rate of 5.4% per year. Is anyone earning 5.4% more each year over year in their job??

Quick event announcement, my networking group is getting together the evening of Jan 23rd at our new location near Pearson Airport!

You are the average of the five people you spend the most time with and, lucky for us, my mastermind group will be in attendance plus many other of the most successful real estate entrepreneurs I know. Such as Rob Break of the Break-Through Podcast, Brian of Pulis Investments who owns hundreds of doors in apartment building investing, plus several other award winning investors, flippers, wholesalers, AirBnb pros, etc….  My commitment to you the attendee is to assemble Ontario’s best, tightly knit networking group of real estate investors. I have some networking exercises planned so you all can get to know one another better.

Seating is limited, so register as soon as you receive the invite.  To get on the invite list go to https://www.truthaboutrealestateinvesting.ca/meeting/

I’ll be sharing the business framework I created for investing in real estate that decides for me if now is the time to invest.

We have keynote speakers Andy Tran and Charles Wah to share how they created “free land” to build four units from the ground up and how we investors may be sitting on tens of thousands of “free,” unlocked equity in your existing portfolio, or how to seek out similar properties.

Again, to get on the invite list: https://www.truthaboutrealestateinvesting.ca/meeting/

Giving Cancer The Finger, Getting Screwed, and Buying 10+ Investment Properties Anyways w. Tom Sullivan

On to this week’s guest, Tom Sullivan. He is a Cancer survivor, and when he learned of his Cancer it served as a reminder of how short and precious life is. He went on a tear to acquire over 10 investment properties and earned him the Real Estate Investment Network’s award for Rookie of the Year in 2015.

Tom is a smart guy holding his Masters in Business and Chartered Professional Accountant designation, investing in the Durham Regions and places east of Toronto. He’s also one of the nicest, most sharing people you’ll ever meet, which is why it’s awful how another investor did not live up to their contractual, joint venture obligations when the partner profited so massively above projections from the deal.

As always, this is the Truth About Real Estate Investing show, so we bring you real stories, including those of headaches and financial losses so you may learn how to avoid similar mistakes.

As the saying goes, a fool learns from their own mistakes, a smart person learns from someone else’s mistakes.

Do have your note taking implements handy, as Tom is full of great tips and, thanks to him, I just loaded up with tons of extended warranties.  Without further ado, I give you, Tom Sullivan.

To follow up with Tom:

On LinkedIn: https://www.linkedin.com/in/tom-sullivan-mba-cma-cpa-471604/

If you enjoyed the show and would like to learn more about investing in real estate then you do not want to miss my Top 10 Tips On Real Estate. It’s FREE to Download!!

I’ve interviewed many of the leading authorities in real estate, including Best Selling Authors like Julie Broad, Don R Campbell, Russell Westcott, and Tom Karadza. My super star investors include folks who acquire two properties per month or have transacted on over 100 properties. I have learned a thing or two in my own investing and distilled it down to 10, you-can-not-ignore, tips if you want to be a successful investor.

To download the report go to www.truthaboutrealestateinvesting.ca/book

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

 

 

Preview of What To Expect Jan 23rd with Andy Tran and Charles Wah

Our keynote speakers Andy Tran, Charles Wah and Construction Manager, Steve Ford, are currently building two houses from the ground up on a lot they already own and had severed. Basically, they got it for free so the returns are quite significant when you have next to zero land acquisition costs, especially the cash flow once the basements are legally suited. Andy Tran knows a thing or two about that too. Two houses >> four units, brand new.

This is an ideal strategy for investors new to developing and we are very lucky to have Charles Wah and Andy Tran to share how they are doing it.

To get on the invite list: https://www.truthaboutrealestateinvesting.ca/meeting

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

 

 

Wholesaling, Flipping, Investing in the GTA with Aaron Moore

Hello investors!!

What a great time it is to be alive!! One of the secrets of happiness is the practice gratitude, and I do this a couple times a week in my journal.  One of the secrets of motivation is to have a purpose beyond just you.

I bring this up today because I received a rather nasty email from someone I know.  He challenged the purpose of why I post what I do, saying it’s for self affirmation, states my humility is false, and is making assumptions about me.

As someone who has done a lot of self introspection and studied human psychology, I have learnt a few things. Among them is that we are all human, we are all flawed, there is no such thing as normal. I am no different, I knowingly admit I am crazy in many ways. Just this morning I signed up for a martial arts tournament to fight other men. I am scared, scared of losing, scared of being embarrassed. I have been choked unconscious before in competition in front of my teammates and coaches. I am crazy. I do chase excitement. I am not normal.

Many things we all do is about our nature. We as humans enjoy challenges, we’re territorial, we have egos, we all seek approval and want to be loved. So no judgement here if anyone wants to publicly share their wins and successes, I personally welcome it. By witnessing others’ successes, that motivates me to be successful with you. If you remember the story about the 4 minute mile, a running race to complete a mile, 1600m, in under 4 minutes was first done by Roger Bannister in 1954.  How long have humans been racing for? FYI, the first Olympics was in the 600’s BC. Two months after Roger Bannister’s record feat, he did it again, a sub-four-minute, along with Australian John Landy. Once John Landy knew it was possible to run sub-four, he believed in himself and made it reality.

This is the same reason I’ll continue to share my journey to freedom 45. My success was not overnight nor without sacrifice.  I have more grey hair than my dad and scars on my face from Shingles, exactly seven years ago due to stress. I want to be a living case study of what is possible and the rewards that come, so you the listener or friend or client (not mutually exclusive) may believe in yourself to do the same.

For the same reason I belong to a mastermind with Michelle Gauthier, Susan White, Ryan Carr, Aaron Moore – our guest this week, Luke Wywrot, Tasha Monaghan and Sarah Coupland to hear others’ successes to motivate me and to them the same.

If anyone is interested, I’ll share more about what drives me in hopes YOU may be more motivated to make 2019 your best.  Because to answer my hater, I’m not at peace with myself at 3am, my mind gets on a hamster wheel when I wake up in the middle of the night how I can do more, be more. That is who I am and how I arrived to where I am today and take me to places including a multi million dollar charitable foundation for my charity the Hamilton Basket Brigade to ensure hundreds of families will receive the best Easter, Thanksgiving and Christmas ever for decades long after I’m gone.

If people want to hate me for chasing my goals then go ahead. Because a good life for my kids, grandkids and giving underprivileged families their best Christmas ever means a hell of a lot more to me than one person’s feelings.

If you’d like to spend more time with fellow world changers and investors, save the date for  my networking meeting Wednesday evening on January 23rd. We are still working on a venue, but to get on the invite list go to www.truthaboutrealestateinvesting.ca/meeting and register to get on the invite list.  

Our guest speakers Charles Wah and Andy Tran will be sharing the how-tos on small in-fill real estate developments, as they are building two houses from scratch that will each be a duplex. This is the ideal starter development investment for folks, as the land came included with the initial investment that already cash flows, thus reducing the risks. Most of my mastermind will be in attendance as well in case you want to meet someone who’s transacted on 70 properties or buys 12-24 properties per year or is building a 30 storey condo building or owns/manages over 200 apartment doors and of course, this week’s guest, Aaron Moore.

Again that’s www.truthaboutrealestateinvesting.ca/meeting to get on the invite list.

Wholesaling, Flipping, Investing in the GTA with Aaron Moore

Americans call him the “Canadian Investor” as Aaron embodies the Canadian stereotypes as he both helps and invests.  Aaron is a past winner of REIN’s Leslie Cuff Player of the Year award, that’s the big award only given to investor each year.  He’s won renovator of the year as well.

Aaron left his corporate job in the early 2000’s to make investing a full time gig.  He’s also one of the best I’ve seen at incorporating online, paid traffic strategies to source off market properties and he’s been a big help in me getting started as well.

I give you Aaron Moore.

To follow Aaron:

Web: https://www.housedealsgta.ca/
Linkedin: https://www.linkedin.com/in/aaronmoore1

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

 

 

The DOW plunged 800 points last Tuesday. How to Invest Like Mike?

The DOW plunged 800 points the other day so I asked Invest Like Mike‘s Mike Iuliano what’s going on in the markets, how he’s investing (since he consistently beats the markets) and how it relates to real estate.

I hope you enjoy! If you do, please like and share so I know you want to hear more of these interviews with Mike!

To follow Mike, his group on Facebook is here:

https://www.facebook.com/groups/InvestLikeMike

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

 

 

Starting Late but Retiring 5 Years Early with Doug and Anna Scott

I’m back from vacation!!

Yes I know, I was back like two weeks ago from Hong Kong, China, but this time I’m back from our cruise trip we had booked before our Hong Kong trip!!

We took a Norwegian Bliss cruise out of Miami with stops in St. Thomas USVI, Tortola BVI (my personal favourite for the lovely views of rainforest and coast line, and one of the nicest beaches I’ve been to), and Bahamas.

We did some amazing snorkeling right off the beach in Magens Bay, St Thomas. I was snorkeling with land developer Charles’ Wah’s dad, he goes by Wah, and my brother, Tony. My brother is an advanced diver, I’m a recreational diver. We both like to dive, but when travelling with kids, snorkeling will have to do. We saw lots of tropical fish (some the size of my forearm), a school of cuttlefish, and the highlight was an octopus. We hung out with our eight legged friend for a bit and were treated to a show as it changed colours to an almost-white.

Snorkeling brought back memories of my brother and I snorkeling in Bahamas as kids. This event and the whole trip was a great bonding experience for us.

On the trip was my wife and kids, Tony’s wife and kid, my mom, friends of the show Charles Wah, land developer, and Andy Tran, best known for his basement suite consulting business. They both brought their families, including parents. Our total group was 26 and it was so much fun!!! I call this having multiple flavours of cake and eating it too!!

Charles and Andy are my friends who were at first clients of mine, but then became close friends. We’re all young and ambitious entrepreneurs, so it’s great we can get together like family to enjoy a pleasure cruise. We get each other, whereas many of you investors know, not many people “get you.”

I love cruising so much, I already booked my next cruise in early 2019.  You see, I’m turning 40. I thought things were downhill at 30, so even more so now. Cherry and I are attending the 10X Growth Conference by Grant Cardone in Miami, so why not hop on a 4 night cruise in the Caribbean since we’re already in Miami and it’s so much cheaper than staying in Miami! LOL :p

A couple real estate friends look to be coming too.  How great is that, a motivational conference followed by a week with fellow entrepreneurs to mastermind and have a good time. I truly love mixing business with pleasure!!!!

Quick announcement before we get to our guest, I’m still getting questions on almost a daily basis on timing real estate, the future of real estate, blockchain and real estate, am I worried about interest rates and bubbles, the recent announcement of the GM plant closing in Oshawa etc… so come January at my monthly networking meeting I will go over how I see the world and how the research drives my decisions. I am not an economist, however I am a multi millionaire investor, I’ve coached multiple multi millionaire investors, and I spend a lot of time around other real estate multi millionaires, so hopefully I’ve learnt something along the way. I’ll share the research so you may make your own decisions. So go to https://www.truthaboutrealestateinvesting.ca/meeting/ to get on the invite list.

Our January guest speakers are currently developing a small piece of land and building two houses from scratch on a lot they bought, which already had two properties on it. Pretty cool eh? Take two properties and sever the lot, build for a total of four properties and 8 units. How did they do it? Andy Tran and Charles Wah will be at my networking meeting to share how they went about doing it.

Starting Late but Retiring 5 Years Early with Doug and Anna Scott

Have you met Doug and Anna Scott? No? They are at every networking event. They will even split up to divide and conquer if there are events going on at the same time. I last saw Doug at the Ontario Landlord Watch Annual Conference but no Anna, she was at Scott McGilvrey’s Keyspire event in Toronto where they are member coaches.

Doug and Anna also host their own networking group in Cambridge, Ontario. I’ve been before, and it’s a great, energetic group of action takers. My wife has spoken there twice, and I spoke there just a few months ago. I highly recommend you check them out if you’re in the area… or not from the area, as Doug and Anna will tell you. No great event is too far, as they live in Waterloo but are regulars and members of the Durham REI meetings all the way in Whitby, Ontario. That’s 90 minutes in no traffic or five hours in Toronto traffic!

Anyway, here is their story on how starting later in life and investing in just a few properties still allowed Doug to retire five years early, and how retirement/full time investing really means spending more time doing what they want to do. How they got started, how to be great networkers, and as always, advice for the new investor.

To follow Doug and Anna:

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

 

 

How to Buy a Business with Ajay Jain

While on vacation, I didn’t get much work done, just a little bit of emails and communicating with my team over instant messaging. I’m on vacation with my kids, so no hard core work was getting done, but I did do some light thinking.

Such as, how so many people are working for the weekend. My family and I were in Hong Kong for my brother in law’s wedding, so there was sufficient notice to all that we were coming. This is partly cultural and partly being an entrepreneur, as both of my wife Cherry’s parents have their own businesses, but they each took maybe one or two days off during our two week stay.

My in laws only see their daughter and grandkids once per year, but could only afford 1-2 days off between the wedding of their son and visit from their grandkids. They did not join us for any of our activities site seeing or the two days we spent at Disney.

On the flip side, there’s my cousin’s wife who retired a year ago from her executive position at one of the big banks. She spent a whole day driving us around, sight seeing, taking us to the beach. She doesn’t have kids, but is crazy about kids. She had a job offer from another big bank for an executive position with salary in the 300k zone. Her competing offer was to be a personal chauffeur to her teenage niece who is a competitive swimmer who needs to get to practice before and after school with dreams of going to the Olympics.

Which would you choose? What if money was no object?

She turned the bank down, informing them she had a better offer.  No stress, no long hours or responsibilities defined by others, no greed. To me, that’s what investing is all about.  Her and my cousin invest in 2nd mortgages. Making money passively so you can do whatever your heart desires. To me, that’s living the dream.

Quick announcement before we get to our World Champion guest, I’m still getting questions on almost a daily basis on timing real estate, the future of real estate, blockchain and real estate, am I worried about interest rates and bubbles, etc… so come January at my monthly networking meeting I will go over how I see the world and how the research drives my decisions.  I am not an economist, however I am a multi millionaire investor and I spend a lot of time around other real estate multimillionaires so hopefully I’ve learnt something along the way. So go to https://www.truthaboutrealestateinvesting.ca/meeting/ to get on the invite list.

How to Buy a Business with Ajay Jain

It seems we’ve all read Rich Dad Poor Dad by Robert Kiyosaki. If you haven’t, please do so before continuing listening. 🙂

Robert Kiyosaki wrote about starting or buying a business instead of getting a job. I sought out an expert on buying businesses, which is how my friend and client Ajay Jain got on the show.

Ajay has his Chartered Accountant designation from India, his MBA from Rotman’s School of Business from the University of Toronto, and he’s worked in Merger’s and Acquisitions at CIBC. That’s the department at a bank whose role is grow the business through acquisition. For example, often time when you see a Canadian Bank in the States, it’s because they bought the local bank.  

Ajay is also licensed to work as an agent in brokering the purchase and sale of businesses, so he’s here today to share how that works, and how he values businesses and structures deals.

If you’re an existing business owner, pay special attention, as Ajay is giving guidance on how to increase the value of your business and how to get paid out faster.

To Follow Ajay:

Connect on LinkedIn
Ajay’s Email Address: ajay@aldrin.ca
Website: www.aldrin.ca

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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

 

 

Investing early at Age 18 to Living The Dream the last 14 years Choking People and Becoming a World Champion at Jiu Jitsu with Barbie Benton

I’m back!! My family and I landed back in Canada 12 hours ago after a two week vacation in Hong Kong to witness the marriage of my brother in law, Vick, to his lovely bride, Kitty. Hong Kong is known as the least affordable real estate in the world it was fascinating to me to be able to witness it first hand.

I know Hong Kong is not Canada, but as a real estate nerd, I’m always interested in how real estate markets behave for both sale and rent for ideas on how my tribe and I may invest to capitalize. For many of you listeners, you may recall the massive influx of Chinese immigrants from Hong Kong in the 90’s, and today it’s more the mandarin speaking folks. I hear it all the time from my friends in Vancouver and around Toronto.

If you’ve spent any time in China, like Hong Kong, you’ll understand why, and it starts with prices. The condo I stayed at was only a few years old, on the suburban, terminal end of the train line to the north East. The GTA equivalent, this would be Barrie or Stouville. For a recent listing, the asking was just under $2,000,000 Canadian for…. Wait for it… almost 800 square feet, two bed, two bath apartment condo…  Just think what $2,000,000 gets you in Canada. $2,000,000 gets you into a decent house West Vancouver, the most expensive neighbourhood in Canada.

Another way to think about the price is per square foot, which is almost $2,500 per square foot. Compare that to 1 Bloor West in Toronto, which is one of the most premier, most expensive condos in Toronto priced at around $1,500 per square foot.

Do you still wonder why we are seeing so much foreign investment from China?

On the rent side, it’s not as crazy. This same condo rents for just over $3,000 per month.  On the other hand, we have a family friend paying over $11,000 per month for her 1,100 square foot, ocean facing condo. Something to keep in mind as condo investing will become synonymous with single family home investing, condos with views will rent for above market prices.

Canada sounds pretty cheap, doesn’t it? Affordability is a concern for every Canadian, just know how much better we have it than many.

On a socialist front, 28% of Hong Kong’s population, or over 2,000,000 people, live in public housing.  In comparison, Toronto Public Housing has just 164,000 tenants.

Some other fun facts of Hong Kong:

  • Minimum wage is under $6/hour
  • Income tax is 15%
  • There is no sales tax or capital gains tax
  • Investment property financing requires 50% as down payment.

Quick announcement before we get to our World Champion guest, I’m still getting questions on almost a daily basis on timing real estate, the future of real estate, blockchain and real estate, am I worried about interest rates and bubbles, etc… so come January at my monthly networking meeting I will go over how I see the world and how the research drives my decisions.  I am not an economist, however I am a multi millionaire investor and I spend a lot of time around other real estate multimillionaires so hopefully I’ve learnt something along the way. So go to https://www.truthaboutrealestateinvesting.ca/meeting/ to get on the invite list.

Investing early at Age 18 to Living The Dream the last 14 years Choking People and Becoming a World Champion at Jiu Jitsu with Barbie Benton

Barbie is living the dream.  No, there is no Ken or pink corvette, but she does what she wants with her time when she wants to. Barbie chooses to train and teach martial arts several times per day and she’s quite good at it, including having won at the Abu Dhabi Brazilian Jiu Jitsu World Championships. She is the first world champion I’ve had on this show, but she won’t be the last.

Most of us have day jobs. Barbie’s day job is that of a self sponsored professional athlete, thanks to having started investing at the age of 18. 17 years later, that same property now makes up half of the income she earns today.

Barbie shares about what it takes to be a world champion, what life is like as a successful investor, and her recent trip to China to start her ecommerce business. I’m just jealous she has fun all day and doesn’t have to work, AKA, living the dream.

Show Notes:

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.

HaltonREI.ca – This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region, Kitchener-Waterloo-Cambridge.

We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.

Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.

To get on the invite list please register at https://www.truthaboutrealestateinvesting.ca/meeting/ and you will receive an invite to the next Halton REI meeting once announced.

But don’t listen to me, here’s what members of our community are saying about the Halton REI!!


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