How To Cash Flow $400 Per Month With $10,000 to Invest With Joel Arndt
Hello, my fellow wealth hackers!
How is everyone this week?
A quick update from these parts, unfortunately with the rising daily cases of COVID in Ontario and the ever increasing restrictions, we at the Hamilton Basket Brigade will not be able to throw our birthday style party for the kids and the families we are supporting.
I’ve regretfully had to inform both Superman and Wonder Woman their attendance will not be necessary.
The most impoverished families as identified by both the Hamilton public and catholic school boards however still do need our support hence we are delivering to them gift cards of $100 each per family member.
It’s not much but it’s what we can do and you better believe Cherry and I will continue to focus on growing our wealth hacking: business, investing, and stock hacking so we may grow the funding of our charity.
We don’t just volunteer and raise money, for 2020, Cherry and I are the #1 donors and we’ll be looking to take over the #1 donor spot in history very shortly.
Shout out to Scott Dillingham and Matt Green for being amazing donors and for making us work for #1.
Practice makes perfect, right? Well no, according to my daughter, she taught us the other night, practice makes progress.
Practice makes perfect describes a finish line but all your wealth hackers know, there is no finish line. We strive to be 1% better each day or be better than the person we were yesterday, the week or month or year before.
If you don’t believe me, did you know Tiger Woods did a complete overhaul of his golf swing? After just a few months and winning one in every four tournaments including winning the Masters by 12 strokes, Tiger wasn’t happy and worked with his coach to create a new golf swing.
That would be the first of a couple times the greatest golfer and one of the greatest athletes of all time would decide his historical dominance of the sport was not enough. He could always improve.
It truly is fascinating to study the super successful. For example, I am asked quite regularly on the benefits of coaching. To continue with the Tiger Woods example, his first two coaches as a professional golfer are widely consider the #1 and #2 coaches in the sport.
Don’t worry folks, I’m not offering coaching. I take my work too personally and prefer more control or sometimes lack of control when it comes to my own golf game 😛
How To Cash Flow $400 Per Month With $10,000 to Invest With Joel Arndt
Anyways, this week’s guest is a returning interviewee, Joel Arndt.
When he was on last year, he out of the blue challenged me in my ability to make an investor successful so I had him ask me his questions on the podcast.
Some time has since passed and I thought it a good time to check in with Joel on his progress.
Full disclosure, Joel now works with Cherry and me in our businesses and like all employees of ours, we teach them to be Wealth Hackers. We don’t offer pensions but we’ll do our darndest to mentor them to be financially free.
Here is the conversation that came from a simple question when I asked Joel what he would do if he had $150,000 cash to invest.
If you’re interested in real estate investing go to www.infinitywealth.ca or if it’s stock hacking, go to www.stockhackeracademy.ca
Have you met Joel Arndt!?
To Listen:
Before you go, if you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients please let us know.
It is our honour to give back and educate others on how we build cash flowing real estate portfolios using all the best practices shared on this podcast, from the lessons of our hundreds of clients and of course our own experience in owning investment real estate.
If you didn’t know already, we pride ourselves at being the best of the best real estate coaches, having the best property managers, contractors, handy people, cleaners, lawyers, accountants, everyone you need on your power team and we’re happy to share them with our clients to ensure your success.
New investor or seasoned veteran investor, we can help anyone by providing our award winning coaching services and this isn’t all talk.
We have been awarded Realtor of the Year to Investors in 2015 by the Real Estate Investment Network, 2016 by the Canadian Real Estate Wealth Magazine and again in 2017 because no one told the judges no one is supposed to win the award twice but on merit, our peers deemed us as the best. In 2018, we again won the same award by the Real Estate Investment Network.
Hopefully being the most decorated team of Realtors in Ontario will make you consider us for your first or next real estate investment. Even if you don’t invest in our areas, there’s a good chance I know who would be ideal for you.
I’ve been around for a while, some Realtors are talented at servicing investors there are many with great ethics. The intersection of the two, talent and ethics is limited to a handful in each city or town.
Only work with the best is what my father always taught me. If you’re interested, drop us an email at iwin@infinitywealth.ca.
I hope to meet you at one of our meetups soon.
Again that’s iwin@infinitywealth.ca
Looking to add another stream of income?
We just completed the long anticipated Stock Hacker Academy Live Introductory Course and it was awesome!
Stock Hacker Academy is the foundation that has helped Erwin, Cherry and many other Stock Hackers make thousands of $$ weekly and now they never have to worry about money again!
If you desire the same for yourself, Click here to register now
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/
As you can see, the ?38,400 in revenue will not only cover the ?14,000 in fixed costs, but will supply Marshall Hirito with the ?10,000 in profit (net income) they desire.