Trump election win, implications on investing in Canada and US, proud dad moment, how a mechanic from Montreal bought a BRRRR: buy, renovate, rent, refinance, repeat property in Memphis, Tennessee from home.  All this and more and the truth about real estate investing!

As always, I won’t comment on politics because like arguments, there are no 100% winners because even if you win an argument or who you voted for wins, you have likely damaged the relationships with the person you’re arguing with or those who voted for the other party.

While I do believe both Trump and Harris had positives to their policies, both have negatives and I feel really sorry for those who feel really hurt by the election outcome.

Where I do choose to focus my attention and energy is on how I may help my community of Canadian real estate investors and many have asked my opinion on the election results and their implications on Canadians investing in the USA.

The overall investment landscape for the Canadian, everyday real estate investor has not changed.  The US economy is the envy of the world in it’s productivity and growth. If anything, that will accelerate under a business friendly environment vs raising taxes as the Democrats promised.

We at SHARE, the easiest way to build a portfolio of fully managed US rental properties focus on business and landlord friendly States, some of them were Democrat and have flipped to Republican so our investments should perform even better.

Trump has promised to bring back to America even more jobs and manufacturing by applying tariffs to imports which will only increase demand for our rental properties already located near domestic manufacturing.

For example, SHARE recently expanded to North Carolina, specifically Greensboro where Toyota is investing a historic $13.9 billion to create 5,000 manufacturing jobs, the first ever Toyota battery plant in America for hybrids and EVs.  One of the biggest if not the biggest investments in North Carolina’s state history.  

The deal? A seller leaseback deal as in the seller will stay to rent the property so no upfront vacancy and the investor can defer some initial renovations while locking in today’s price, a win since the market is expected to go up with further interest rate cuts expected. The investment property is a single family, detached house: 4 bedrooms, 2.5 bath, 2,300 sq.ft, built in 2012 for $252,000. Expected renovations $38,000, projected rent $2,190 plus utilities. Estimated annual appreciation 4% and 5.6% cap rate plus all the benefits of landlord friendly rules and regulations: no rent control, non-paying tenants can be evicted in 30-60 days.

For full property details go to iwin.sharesfr.com. In my 20 year experience of being a landlord, I do believe it is in every Canadians best interest to be real estate investor and diversify to the USA for all the cash flow and landlord friendly benefits. SHARE deals to me should be every Canadians’ baseline to compare their future investments against.

Whoever decides to own this deal in North Carolina is likely a winner based on a Trump victory.

Unfortunately a Trump government is not good for the Canadian economy or dollar but we will fare better than Europe, Mexico, China, basically the rest of the world since we’re already major trading partners. 

For the Canadian real estate investor, yes the decline of the Canadian dollar hurts but again, we’re investing in red Republican states, our mortgages and rents are in US dollars and earning US$ cash flow, when cash flow is non-existent in Canada still makes a US investment better than a Canadian investment.

Please don’t take my word for it. Do your own research.  Here is a nice summary of my research using the latest version of ChatGPT:

I asked Google’s Gemini as well and they’re pro Democrat:

If you’re interested in learning more about US investing and where to get started, I’m offering a free training, hybrid format for the first time as in we’ll have folks here in my office in person and online via Zoom Webinar in the evening of Thursday Nov 28th, doors at 7:30pm for refreshments and networking, my presentation begins at 8pm.

As always I believe in giving value and investment education should be as accessible as possible so again this event is FREE and accessible in person or online.  Every attendee will have factual, tangible, actionable information and takeaways like every episode of this show.

There’s nothing I enjoy better than helping out the underdog become rich.  Helping rich people get richer is great too but helping young, lower or middle class, hard working people who aren’t rich yet, that’s what gets me out of bed.

Along with sticking it to the governments here in Canada who don’t want us here.  How better to send a message that we landlords won’t take it anymore than to exit and pay less tax to our municipal, provincial and federal governments who’ve all made it known that we’re not wanted here. 

Just look at New Brunswick who sent their Conservative Government walking after six balanced budgets to be replaced by a Liberal Government who will implement rent control of 3% next year.  We in Ontario haven’t had a balanced budget since 2018 and are projecting $419.7 billion.  We are one of the most indebted subnations in the world.

If you want to get in life, real estate investing is the way to go and on Nov 28th, I’ll be teaching How Canadians Can Leverage U.S. Real Estate for Passive, Scalable, and Tax-Efficient Income Streams

This is not selling coaching, mentorship, courses, joint ventures, OPM, creating a 2nd job for yourself and taking time away from your family nor is it getting rich quick.  In my experience, this is about getting rich slowly with as high a probability of success as passively as possible.  I’ve helped over 45 of my clients make a million or more investing in real estate and can’t wait to help even more Canadians from all over Canada do the same.

Reserve Your Spot Here

I hope to see you there!

Please allow me a proud parent moment I’d like to share with you my 17 listeners. Cherry and I invest heavily into our kids to ensure they’re happy, well rounded and prepared for the real world.  They work hard and my son’s standardised tests came back and like his older sister, he scored 99th percentile and will be tested to see if he’s gifted like his older sister. Something extremely rare.

I know many see how Cherry and I raise our kids is not normal but these results give me great joy and vindication that our parenting is working and we’re not going to rest on our laurels.  We teach our kids everyday that hard work trumps talent when talent doesn’t work hard and will continue to do so. 

My fellow parents know and for those who don’t yet have kids, I don’t know what it is but my kids have bought me more joy than anything else in life and I’d like to keep that going which I can by pacifying my real estate portfolio.  By investing in better cash flowing properties in the USA, I can afford quality property management vs. its waaaaaay more challenging in Canada.  

A long long time client of mine shared with me she called the cops on her property manager in small town Canada who is ghosting her and they have her rent money.  Yes cap rates are higher in small, tertiary and beyond towns but find quality property management and trades is way harder than major centres.

Enough about me on this week’s show!!

Trump win, How a 33 Year Old Mechanic from Montreal executed a BRRRR in Memphis, TN

This week we have an everyday, blue collar Canadian, 33 year old Shayne from Montreal who just bought his first investment property and he has executed a BRRRR in suburban Memphis, Tennessee. The ARV is substantially higher than projected, rent came in almost 10% higher.

Shayne is the youngest client of mine by far for years and years so I’m of course excited to have been part of Shayne’s journey to become a successful investor and mentor him in scaling up to not just have a large portfolio but for financial peace of mind.

This is his story, if you enjoy the show, please share this episode with your fellow Canadians who want to invest in real estate, especially those who can’t afford to get into the Canadian market or want diversification.  Please enjoy the show.

To Listen:

HELP US OUT!

BEFORE YOU GO…

Before you go, if you’re interested in what kind of properties I am looking at in the landlord friendly states of the USA please go to iwin.sharesfr.com for what I consider the best investment for most Canadians, most of the time.

I’ve been investing in Ontario since 2005 and while it’s been a great, great run. I started out buying properties in the 100,000s and now it’s $800,000 to $1,000,000.  How much higher can it go? I don’t know

To me, the remaining potential for appreciation does not match the risk hence I’m advising my clients to look to where one can find rental properties that are affordable range of $150,000 to $350,000 US$, with rents that range from $1,400 to 2,600/month plus utilities.   As many Canadians recognize, these numbers will be positive cash flow and are night and day compared to anything locally. Plus the landlord has all of the rights, no rent control, and income is US dollars which are better than Canadian dollars.

If you don’t believe me, US dollars are better than Canadian dollars, go ask 100 non-Canadians which currency they prefer to be paid in.

So to regain control of your retirement planning.  Go to iwin.sharesfr.com and check out what great cash flow properties are available in the USA.  

The best part is, my US investments will be much more passive compared to by local investments as I’m hiring an asset manager called SHARE to hand hold me through the entire process.  As their client and shareholder, Share will source me quality income properties, help me with legal structure and taxes, they manage the property manager and insurance provider while passing down to me preferred rates so I save both time and money.  

Share will even tell me when to strategically refinance or sell.  SHARE can even support investors all over the country for proper diversification hence my plan is to own in Tennessee, Georgia, and Texas.  Share is like my joint venture partner but I only have to pay them fees while I keep 100% ownership and control.

If your goal in investing is to increase cash flow, I don’t know of a better strategy for most Canadians most of the time.  One last time that’s iwin.sharesfr.com to see what boring, cash flowing real estate investing can look like on your path towards financial peace.

This is how I’m going to make real estate investing great again for my family and hope you choose the same.  Till next time!

Sponsored by:

This episode is brought to you by me! We don’t have sponsors for this show. I only share with you services owned by my wife Cherry and me.  Real estate investing is a staple in my life and allowed me to build wealth and, more importantly, achieve financial peace about the future, knowing our retirement is taken care of and my kids will be able to afford a home when they grow up.  If you, too, are interested in my systematic strategy to implement the #1 investment strategy, the same one pretty much all my guests are doing themselves, then go visit www.infinitywealth.ca/events and register for our next event.

Till next time, just do it because I believe in you.

Erwin

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Disclaimer:

As a committed advocate for transparent and responsible real estate investment, I want to openly share my involvement with SHARE SFR (Single Family Rental) as an Advisor. I hold an equity position in this company and receive a referral commission for clients I introduce to their services. My endorsement of their business model – focusing on direct ownership of positive cash flow income properties – is consistent with my own personal investing since 2005, is based not only on a professional assessment but also on my personal experience and belief in their approach. Please note that while I stand behind my recommendations, it is crucial for each individual to conduct their own due diligence and consider their unique circumstances before making any investment decisions. As always, my priority is to provide you with honest, insightful, and practical real estate investment education.