Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam
Greetings my fellow iWINNERS!
I hope you’re all enjoying this summer as much as I am.
The craziest recession/depression or whatever we are in continues. The divide between the haves and have nots is widening, but don’t worry, for the haves, I’m sure our taxes will go up. Let’s all enjoy the great weather and market appreciation.
This real estate market in Ontario has created a lot of wealth for investors, including this week’s guest in Ken Bekendam. We’ll get to him in a moment. I’m sure he’s grateful and I know I’m very grateful for our respective real estate portfolios.
Cherry’s birthday is coming up and the plan is for us to golf seven of the eight days of her birthday week. Yes, this is Cherry’s bday and her idea, not mine. In Cherry’s previous life, aka a previous boyfriend who we don’t talk about was an avid golfer so they golfed a lot together.
Cherry has many shots that I do not and has out played me two of the times we’ve golfed this season. This past Sunday, Cherry and I golfed together with my cousin and his wife. Cherry and I were playing scramble as in we each shoot then choose who’s shot was better and we both hit from there.
We were playing at the lovely Indian Wells Golf Course and the last time I was there I hit a 119 which I was pretty happy with. When partnered with Cherry, we scored a 94. An improvement of 21%. Cherry mentioned how our golfing that day parallels our lives, we complement one another, raise each other up. We both have good and bad moments, but we can often compensate for one another.
On the first 9 holes, I was playing great. There was a stretch over two holes where every shot we used was mine. I mentioned it to Cherry then she hit her best shot of the day immediately after. She has a competitive fire and wants to be her best, much like I do.
Over the last 9 holes, I struggled a bit and Cherry contributed a lot more. With my advanced age and 35 degree weather, I tend to fade after the 14th hole. I think she knows this hence the high volume of 7 golf outings in 8 days so she can kick my butt 😛
Speaking of Cherry kicking my butt, she beat me in stock hacking yet again last week. I had my third best week ever but Cherry managed to make even more. Our household again realized five figures of cash flow in US dollars. She trader vs he trader is now about 13-6.
The stock hacking gains are great, but don’t forget, our bankroll was funded by our real estate.
For those interested in taking a beginner course taught by a best selling author and fellow stock hacker with 30 years of experience, including as a floor trader on Wall Street, he is none other than the Godfather of stock options, Lee Lowell, then go to www.stockhackeracademy.ca. Also save the date, the weekend of Oct 3-4th. This is the version 2.0 of the program and if it’s not called Stock Hacker Academy, then I have nothing to do with it nor endorse it.
On to this week’s interview giving us the Truth About Real Estate Investing and it’s not an easy one…
Doubling Down On Real Estate While Balancing Real Estate and Family with Ken Bekendam
In planning a future without his wife Kaitlin and mother to one year old son Kingston, Ken Bekendam made the decision to quit his job and double down on his efforts to build his real estate investing business.
At the time, half his income was coming from Ken’s investment properties, plus he needed to build towards the flexibility of schedule, being an entrepreneur, as Ken is now a single father, and financial freedom that comes with being a successful real estate investor.
Ken is a renovation expert both for his own portfolio and for clients, especially in adding legal, income generating suites and additions to existing properties. Like many high level real estate investors, he’s raising private mortgages so you’ll want to pay attention to that part.
I don’t want to spoil too much so I’ll let Ken tell you his story. I give you Ken Bekendam.
To Listen:
To Follow Ken:
Facebook: https://www.facebook.com/kenbekendam
Web: http://legalsecondsuites.com/ken-bekendam/
Looking to add another stream of income?
On October 3rd & 4th, you can join the next Stock Hacker Academy Live Introductory Course. Learn the foundations that have helped Erwin and Cherry make upwards of $2000 USD a week. Stock Hacker Academy includes:
- Live, in person or digital, weekend Course with the Godfather of Stock Options, Lee Lowell.
- 8 Weekly coaching webinars taught by Lee.
- Access to all of the recording for 12 months
- And so much more…
Right now, until August 14th, you get $500 off! Click here to get your $500.
NO MORE Confusion
After all the Youtube videos, books, and forum posts, you’re probably still left with questions. Starting in real estate is a tricky thing.
Frustrated beginners often ask how a legal basement suite conversion actually works. Most of the time we can only give general answers. But now, we get to dive in.
At this in-depth, free class you’ll learn how to take your first steps as a real estate investor.
Nothing is held back. Everything from analyzing basement suite conversion deals, to renting out your first property at a profit, and even how to refinance and do it all again!
More secrets you’ll uncover are:
- Profiting in a HOT market…
- Municipal bylaws to watch out for…
- Mortgage terms that favour refinancing…
- AND one barely used tactic for higher appraisals…
If you’re frustrated, unsure of how to get started, this is for you.
Sign up now for the Invitation List and be one of the first to get an invite to the next class.
Sponsored by:
Infinity Wealth Investment Network – would you like to know how our investors returned 341.8% on positive cash flowing real estate over the last five years? On average, that was 68.4% per year, just imagine what winning in real estate could do for you. If you would like to know how we did it, ask us how by calling 289-288-5019 or email us at meaghan@infinitywealth.ca. Don’t delay, the top markets we focus in are trending upward in price, so you can pay today’s price or tomorrow’s price.
Till next time, just do it because I believe in you.
Erwin
Hamilton, St. Catharines and Toronto Land Development, Real Estate Investor, and soon to be builder.
W: erwinszeto.com
FB: https://www.facebook.com/erwin.szeto
IG: https://www.instagram.com/erwinszeto/
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