Real Estate Investor Running for Member of Parliament Michael Ras

Hello, my fellow wealth hackers!

I hope you’re enjoying your summer!

With covid under control for most of the population, our family took advantage by travelling up to Muskoka, the very popular cottage area in northern Ontario.

We stayed three nights at Severn Lodge with some friends with kids similar ages to our own.

As we’re self-employed and have a bit more control of our schedule than some, we drove up the treacherous 400 highway after lunch on Monday.

We were delayed as we weren’t leaving home until my eldest finished her math homework. lol.

The drive was uneventful and almost entirely traffic-free. For those who aren’t familiar, the traffic to cottage country on the 400 highway is often congested, but not for those with flexible schedules.

We arrived, checked in, got our room, kids changed for the pool and hopped in. I grabbed some drinks and snacks for our group of adults while we watched the kids play in the pool.

About an hour later, I saw a dad bobbing in the deep end of the pool with his young kid wrapped around his neck.

I noticed the dad’s head bob in and out of the water, only being able to grab a short breath of air before bobbing back down under the weight of his son.

Finally, after the third time, he asked for help.

There was no lifeguard on duty, so I did what anyone would do; I got up from my chips and Caesar and jumped into the pool fully clothed.

Before jumping, I hesitated as the dad was too far for me to reach, too close that diving made no sense, so I jumped in feet first.

On my way down to the bottom of the pool, I put my hands on the dad’s hips.

Then, I kicked off the bottom of the pool and launched him and his son towards the side of the pool so they could grab the side.

The dad says, thank you, I climb out of the pool, everyone was looking at me; Cherry hands me a towel, and I head back to the room to change.

Those few moments went by in seconds, and later in the trip, I reflected on what happened.

I wasn’t dressed to swim because our kids had private lessons in our pool three times per week earlier this summer, so we wouldn’t have to worry about them around water.

I had already made over $600 US dollars stock hacking that day; hence I left my phone in the room and thankfully didn’t jump in the pool with my crazy expensive Apple iPhone.

I had previously mentally rehearsed jumping in my pool should anyone need help, so before hopping in for this unscheduled swim, I pulled my wallet out of my pocket and shed my collector’s Blue Jays hat while in stride to the pool.

I did still have my Honda car key on me but shout out to Honda for making a waterproof key.

I tried water skiing for the 2nd time ever with 20 years in between, lol.

I remember how painful the first time was and the regret of not being able to stand up, so why not.

The staff at Severn Lodge are amiable, with encouraging words and even better tips.

In my first two attempts, I can stand up but only for a few seconds. After that, the wipeouts are just as painful as I remembered.

My third attempt went very well, I’m up for about 30 seconds, and I can see what an enjoyable experience water skiing can be before crashing while we were turning around.

No one mentioned how to turn in all this process, hahaha.

The rest of our friends cancelled their turn at water skiing after seeing what I went through… LOL – so much for trying to inspire folks.

Afterwards, when the adrenaline wore off, my left quad lit up. I thought I strained something, but I had a welt.

I’m guessing when I crashed, I hit a ski, but it was worth it being able to cross water skiing off the bucket list.😊

We fully plan on returning next summer, and I want my kids to try water skiing or wakeboarding, but we’ll get them private lessons so they can learn slowly and hopefully less painfully.

Our vacation was well-timed, with the closing of our most recent duplex acquisition closing the Friday before.

We paid mid $800,000 for a turnkey property I bought off one of my clients.

There are tenants in the basement already, but the main floor recently left, and our leasing agent got us $2,300 plus hydro for our three-bedroom main floor, which we are pleased with.

In other good news, I was able to cash flow over $2,000 US while stock hacking using just my phone, which paid for the trip.

If you are interested in learning how to invest in real estate as I do and my hundreds of other clients do, please sign up for our free training at www.investortraining.ca

Or, if you want to see a free demonstration on how I stock hack for cash flow, go to www.stockhackeracademy.ca and register there.

We will have a small number of seats at our office in Oakville to attend live and in-person for both.

Today’s guest, Michael Ras, happens to be both our real estate investor client and a graduate of the Stock Hacker Academy.

Michael is successful as he has flipped a couple of houses and holds properties in Brantford and the Niagara Region.

He’s also a Stock Hacker that cash flows $750-1,000 per month with a $30,000 account.

Interestingly, Michael has decided he wants a pay cut to work for the government as a Member of Parliament as he’s running in the upcoming election in the Mississauga-Lakeshore riding.

Michael is here to share about the election issues, mainly around housing and the red tape real estate investors like us, including Michael, face in creating more housing supply.

He knows the pains we go through, and he’s kindly stepping up to do something about it in Ottawa.

Yes, Michael is running in a party some people do not agree with, but I agree with Michael on many issues.

If anyone listening is running for a different party, I’m all for having you as a guest on this show to talk about the issues facing our listeners as parents, landlords, small business owners and Canadians.

I hope you enjoy the show! 😉

We’re hiring!

Just a friendly reminder that we are hiring more investment Realtors who want a full-time challenge to help our clients, regular everyday people, mostly from the GTA, invest in the top investment towns west of the GTA.

This is for driven folks who want to multiply their current incomes a couple of times as James and Tammy have.

APPLY HERE: https://www.infinitywealth.ca/hiring

To Listen:

On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294

On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr

On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz

On Google Podcast: https://podcasts.google.com/feed/aHR0cDovL3d3dy50cnV0aGFib3V0cmVhbGVzdGF0ZWludmVzdGluZy5jYS9mZWVkLw

Youtube: https://youtu.be/Z-cilmNwTGg

Download as an MP3 by right clicking here and choosing “save as”

To Follow Michael Ras:

Web: https://michaelras.ca/

Twitter: https://twitter.com/mike_ras

Facebook: https://www.facebook.com/MichaelRasCPC

HELP US OUT!

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UPCOMING EVENTS

You are the average of the five people you spend the most time with! Build connections with empire builders and trailblazers at our iWIN events.

CLICK HERE to check out what’s coming up next.

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 on 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

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.

Real Estate Investor Running for Member of Parliament Michael Ras