Beating Rental Licensing and Cancer, Investing in Apartment Buildings and Cryptos
Can the Spring weather start yet? I had tickets to the TFC game for Tuesday night, but gladly gave them up to watch the Toronto Raptors indoors at the Air Canada Centre!
On Saturday, I got my Crossfit report card from my head trainer, which is awesome because he took time out of his busy schedule at no added charge to review my performance, grade my efforts, and provide feedback on areas of weakness and strength.This is my first report card since graduating university in 2002. High school gym class was one of my worst subjects in school, and I’m still not a good athlete. Also, my worst average in school between high school and university was about 78 in first year, when I was young and dumb and drunk too often, so seeing C’s on my report card is something new to me. :p
Now I’m old, less dumb, and quite sober, and I’m not much better at gym, as you can tell by my report card. It is a great punch in the stomach to the ego and I’m motivated to target my weaknesses in gymnastics. Luckily, I’m at my ideal body fat, so I don’t need to lose any weight but I’m still heavy, making gymnastics a challenge.
No thank you to additional training for longer metabolic conditioning, as that will require a larger time investment, plus recovery time, and gymnastics are way cooler than cardio.
This relates to real estate if you can’t tell. 😛
None of us real estate investors are good at everything. We all have to pick our spots to focus on in order to maximize results. Some are great at financial analysis, some are great with tools and know everything about house construction, but we all have to move forward without having all the answers and knowing everything, or else you’ll never make progress. So pick your spots, move forward, and have fun!
Beating Rental Licensing, Cancer, and Investing in Apartment Buildings and Cryptos with Mike Iuliano
My friend, Mike Iuliano, is many things: a backyard gardener, a foodie expert of restaurants in the Niagara Region, and an expert on apartment buildings in the Niagara Region.
Mike lead a coalition of Niagara landlords to fight the city of St. Catharines in Ontario Superior Court and won, thus allowing all us student rental investors to operate our safe, clean rental properties for young adults. Mike’s advice and lessons are now more important than ever, as a couple Niagara Region towns are implementing licensing, including St. Catharines, which is getting started with theirs.
Mike is also a savvy stock investor, who consistently outperforms the market. When folks know how to make money, that always peaks my interest. He also trades Cryptocurrencies, including Bitcoin, so if that interests you, you will want to have a listen on how he does it.
Finally, he is a Cancer survivor and it has shaped how he now lives his life. You don’t want to miss this episode!!
To Listen:
To get in touch with Mike:
linkedIN: https://www.linkedin.com/in/ppmniagara/
Sponsored by:
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.
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!!
Until next time, Just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto, Land Development and Real Estate Investor
This month I’m testing out time restricted eating (TRE) thanks to my bleeding edge doctor, Dr Cowan. To improve my digestion I am restricting my eating to when I normally eat breakfast, 7:30am for a 12 hour window ending at 7:30 at night. I’m not trying to lose weight though, just improve my energy and improve my digestion (apparently all high level athletes have elite level digestion, it’s how Michael Phelps could eat McDonalds and still collect Gold Medals).
Have you been to Ghost Busters virtual reality game at the Rec Room just south of the CN Tower? It’s a lot of fun!! This was my second go of the game, and this time was with my brother and my very silly childhood friends.
what’s actually going on in the real world, plus the game is sensory overload with ghouls and ghosts and marshmallow men attacking you. I highly recommend!!
of 
As with my real estate investing, I prefer to operate differently than the masses. We avoided the crowds of February 14th by enjoying a quiet night over at the local gastro pub while watching Raptors game on TV. 😃 My wife, Cherry, shares my passion for Toronto Raptors Basketball and we don’t have cable television anymore, so our dinner date was a treat on many levels. We even went home at half time to read bed time stories to the kids and put them to bed, as one of my favourite things in the world is have both kids on my lap and reading to them. It really was the perfect evening. The Raptors won via another brilliant performance by the bench, who are very fun to watch. They play at a frenetic pace and execute well.
This past Friday, the Mr Hamilton/Halton REI/Titan Realty Investment Group (yes we have another new brand, more on that another time) team finally found time in our collective schedules to celebrate a successful 2017 over dinner at Milestones and a somewhat friendly, trash talk filled, bowling competition. In the picture at dinner, I’m holding baby Owen. He goes everywhere with Jay and Erika Spencer, so don’t be surprised when Owen makes an appearance on a St. Catharines investment property tour or your private one on one showing.
I actually led for a bit after being one of the worst in the first two games. The point I’m making is no one always wins and not all tests are successful. Investing is no different. I’ve tried day trading, investing in stocks and bonds, small cap, blue chip, tech stocks, mutual funds, online poker etc… Am I a failure? Maybe, but I didn’t give up and that it’s how I arrived at real estate. Nothing has come close to the returns of our real estate. Other than real estate, I invest in some private equity in land development north of Toronto. Haha! I can’t wait for my review with Certified Financial Planner Kathleen Van De Berg to see what a professional thinks of being a little concentrated in real estate. In the end, I’m all about results, and not too concerned what other experts think…. unless they make greater returns with low risk somewhere else, then I’m all ears!!! That’s actually a great segue into this week’s podcast! SEO! High return with less investment.
giant tree, and, the star of the show, Santa!! Santa asked my kids if they knew they had brought Christmas magic with them. My kids had no clue what he was talking about, but then Santa reached behind my daughters ear and illuminated a light within his glove between his index finger and thumb. The look of astonishment on my kids faces made me nearly lose my composure. I couldn’t have been happier with the experience, but my daughter had more in store for us.
Who doesn’t like live music, especially when they put on THE BEST live performance. My credo is, life is all about experiences. I recommend you catch USS if they’re ever playing a gig near you. At the show in Hamilton, I had a great time with my friends Mike Gillespie, St Catharines investor extraordinaire; John Roumanis, Hamilton investor of $600,000 in 6 Years fame; and Steve.
Championship in shocking form. You can’t tell from the picture but we were all jumping up and down when Georges connected with that short left hook. We were so loud we woke up Cherry. 😛
Here’s what my friend Monica said, who is a busy mom with three young kids who could only make the VIP lunch. She’s also an ultra successful investor:
Last Thursday, I had the honour of representing the HamiltonBasketBrigade.com on Cable 14’s “City Matters” to share our story of humble beginnings of plans for Roger Auger and I to deliver groceries for a Christmas dinner for three families each and now we’ve grown with YOUR HELP to provide for 300 families in need this Saturday!!
This week I’m excited to bring to you my friend and client Kaush Nanubhai (pronounced Koh-shh Na-new-bye) who started off buying condos in downtown Toronto as a young professional Accountant as he described buying a condo better use of his disposable income than drinking and partying. Many years later and having bigger goals in mind including more income and improved lifestyle, he’s now built himself a sizeable portfolio now at 11 investment properties, acquiring eight of them in the last four years with plans and joint venture partners for many more. Learn about what Kaush wishes he could go back and do over, what drives an already successful professional like Kaush to do even more, how he’s created more time for what’s important, time with family and taking care of his health. Kaush invests in student rentals and legal basement suites in Hamilton, St Catharines, Welland, and Niagara On the Lake.
This week I’m excited to bring to you the return of Charles Wah, you might remember him from our land development interview six months ago and he’s fresh off the set of Scott McGilvray’s newest show to give you all an update on his land development projects and the new investments and building development projects he has on the go. We’ll take a sneak peak at the behind the scenes of HGTV’s biggest star, how Charles spends his off time, and we will share our thought’s and lessons from the phenomenal Archangel Summit. It was so good, we already purchased our VIP tickets for the Archangel Summit in September 2018. You want to know WHY this super successful and very young investor does what he does? Then have a listen….
Who wants to golf?! Not me. Swinging golf clubs is tough on my shoulders as it’s repetitive, I swing way too hard, and I have no technique. It all started when John from podcast episode 6-years-part-time-and-600k-in-returns reached out asking if I wanted to golf and I responded, let’s do something fun instead. The somewhat local gun club (Silverdale Gun Club) had a special on a sniper rifle package and that’s what we did on a Friday afternoon at the gun club. We shot a couple rounds with an AR15, SKS, Remington 700, and the big daddy of them all, BMG 50 which weighed in at 34 lbs and each additional bullet would cost us $15 per. Don’t worry if the gun names mean nothing to you. I have no idea either, this was only my third time ever holding a gun in five years…. Our instructor Eric was patient and excellent and the gang agreed, it was better than playing 18 holes. We all had fun but make no mistake, the afternoon was a productive one because everyone one in attendance is an active investor with numerous properties and leaders in their fields. When you spend time with like minded people, you are guaranteed success. You are the average of the five people you spend the most time with.
We are also moving our meetings to a new location: we’ve out grown the Rock Star Office’s training room, though we loved the price and convenience, we could use more space for comfort and to allow more attendees as in the past, we’ve had to wait list and turn away people. We want everyone to have a chance at financial freedom so we are relocating to the Sheridan College’s Conference Centre located at 1410 Trafalgar Rd, Oakville, ON, just north of the QEW.
I am super proud of my little cousin Christopher, here I am wearing his Timmy’s visor. He’s not really little anymore as he just turned 17 but he did get a summer job at Tim Hortons. He’s still in training but the plan is he’ll keep working when he’s back to school to save up money for a car. Christopher is crazy passionate about all vehicles: tanks, planes, trains, cars, bikes. I seriously ask for his advice when buying cars but I have to temper his preferences as he seems to think I operate without a budget. I don’t need a BMW M3 or M5, I don’t care about the extra 2-300 horsepower, I care about my monthly payments and how much of my lease is tax deductible
large portfolio of buy, rent and hold investment properties with her husband. She co-founded a property management company based in Kirkland Lake, Ontario. Elizabeth also runs a boutique Rent to Own company, which specializes in providing home ownership options for families.
We’ve had guests in the past from the other side of the country. Don Campbell, who resides in British Columbia, Pierre Paul Turgeon, who’s from Alberta. This week our guest, Andy Tran, is on the other side of the world in Japan, visiting his wife’s family. I’ve been friends with Andy since 2009, when we met at a mutual friend’s birthday and ran into each other again at REIN. Andy was one of my first clients, as I helped him purchase investment properties in Hamilton back in 2010, but now the tables have turned as I have hired Andy to prepare my investment property for a legal basement suite conversion. As always, I believe in hiring the best to work on my business and it just so happens that Andy is a leading expert in accessory apartments in the golden horseshoe of Ontario. Andy is guiding me and my property through the city’s permit process including building code, certified drawings, working with the city’s planners and inspectors etc… stuff that I neither enjoy nor have time for.
