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The Truth About Real Estate Investing... for Canadians

For Canadians by Canadians sharing the truths about generating wealth through real estate investing. This show is about getting rich slowly, investing is a marathon, no get rich quick methods will be discussed here hosted by award winning investor and three time Realtor of the Year Erwin Szeto aka Mr. Hamilton
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Now displaying: November, 2017
Nov 28, 2017
Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!
 
This week we close on another investment property, our 2nd this year with plans to buy our third hopefully in December.  Last week was November’s REIN meeting and I finally remembered to update and submit my list of properties I had purchased as a REIN member.  Lucky enough, Don Campbell was in town to present live and I awarded my gold pin for 17 properties.  Don and the whole REIN executive and members have been a huge part of my journey and REIN just announced ACRE, the best weekend of real estate training on March 2-3rd, link: http://info.reincanada.com/toronto-acre-2018. The price is a rock bottom $687 plus tax but hopefully I can get you listeners a discount code so hang tight! For those of you’ve been around, you know $687 is a great return on investment knowing other organizations charge $1,500 for a weekend event and I’ve invested thousands more for other business events.
 
Funny story about the REIN meeting, as I was getting ready and heading out the door to drive with my buddy Charles Wah to the REIN meeting, normally, without a second thought I wear dress shoes.  For some reason I wanted to wear my all red Nikes, specifically Kobe Bryant’s knowing that Richard Dolan, President of REIN wears equally funky shoes some days.  Later that night, as Richard called me to stage to accept my award, he jokingly accused me of raiding his closet and stealing his shoes :P Unprofessional of me to wear basketball shoes? Maybe but fellow members and Don Campbell were complimenting me on both my shoe game and award so whatever.  I’m not sure there is a lesson there but I was just being me, a big basketball fan and wearing comfortable shoes.
 
Richard Dolan asked me what my secret was and if anyone can accomplish the same.  Yes, anyone can do this, being a REIN member has helped me, and the secret to success? Anyone who makes investing a priority will succeed.
 

Economic Update
Welcome ladies and gentlemen investors across the greatest country in the world.  My name is Erwin Szeto aka Mr. Hamilton bringing you the Truth About Real Estate Investing show for Canadians where it is my job to bring you experts in the world of investing.  We will learn from their experience, pick out the lessons, tips and tricks, and figure out what makes them tick so you too can replicate their success to enhance your real estate investor’s life of health, wealth, friends, family and fun.  
 
This week we have something different, like we do every week! This week we have the economic update presentation I delivered in October to my Halton Real Estate Investors Group.  I did it in one take so it’s not quite polished but if you wanted insight into what drives my decision making to continue to acquire investment property while having very little diversity in my portfolio, in my opinion, those with assets will create the most the wealth and if I don’t, well that’s a scary alternate ending I’m doing everything in my power to avoid.
 
 
 
To Listen:
On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Download as an MP3 by right clicking here and choosing “save as
 
Till next time, Just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor
 
This podcast is brought to you by the Halton Real Estate Investors Group. The goal of the Halton REI is to entice would-be real estate entrepreneurs to get off the couch, make things happen, and replicate the success of our multi-millionaire clients such as podcast guests Charles Wah, Andy Tran, Evelyn, Kaush, Cherry Chan, Michal Wywrot and Tim Collins.  Our track record of coaching highly successful investors is extensive and we share our secrets, tips and tricks at Halton REI meetings.  So if you are interested in travelling the path of least resistance to real estate wealth without ever swinging a hammer than this is the place for you. Go to HaltonREI.ca/signup to register and do so quickly to avoid disappointment as we have waitlisted folks many times and seats are limited.  One of the secrets of success is to surround oneself with successful people and in my ten plus years of attending workshops and networking events, this is one of the best places to be and I hope to see you soon.
Nov 15, 2017
Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!
 
Who doesn’t like live music especially when they put on THE BEST live performance.  My credo is, life is all about experiences and I recommend you catch USS if they’re ever playing a gig near you.  The both shows in Hamilton and my friends Mike Gillespie, St Catharines investor extraordinaire; John Roumanis, Hamilton investor of $600,000 in 6 Years fame; and Steve had a great time.  
 
Here is a youtube from one of their lives shows: https://www.youtube.com/watch?v=TT3KZIE27xo
 
With life being so short and everyone being so busy, I find my social circle continually distills down to just awesome people who are also successful in business which makes for great conversations. So keeping with living your real estate investor’s life of health, wealth, family and fun; for those who enjoy having fun along side successful real estate investors, a group of us including: Andy Tran (second suite guy), Charles Wah (land developer guy), James Maggs (10 property guy), Roger Auger (property management guy), Zach Twose (contractor guy), John Roumanis ($600k in 6 years guy), me (Chinese guy); we are planning a social get together of fun and adult beverages at Dave and Busters in Oakville which is basically Chucky Cheese for adults with a liquor license. Since there is no Halton REI Meeting for December, we figured we’d put out an open invite to everyone for an Xmas social. No tickets or passes, just pay your own way.
 

Welcome ladies and gentlemen investors across the greatest country in the world.  My name is Erwin Szeto aka Mr. Hamilton bringing you the Truth About Real Estate Investing show for Canadians where it is my job to bring you experts in the world of investing.  We will learn from their experience, pick out the lessons, tips and tricks, and figure out what makes them tick so you too can replicate their success to enhance your real estate investor’s life of health, wealth, friends, family and fun.  
 
This week we have something different, like we do every week! In last week’s episode Ryan Carr and I were stumped on the principle residence capital gains exemption Ryan is entitled to after he recently sold his current principle residence.  This area of real estate tax is not well known and of course I didn’t have the answer so I did what any investor would do: walk down the hall to my wife’s office and ask her.  It just so happens I’m married to the Cherry Chan of www.realestatetaxtips.ca who this month was published in the CPA Magazine, where she goes on to educate Chartered Professional Accountants on taxation of investment real estate.  
 
Anyways, I walk back to my office, called my wife, clicked record and asked her how to properly maximize one's returns by declaring a rental property as one’s principle residence along with some additional difficult follow-on questions.  I hope you all enjoy this as I know how difficult it is to find answers to these very specific questions without paying Accounting fees.  And as always, everyones’ situation is different so do please contact your professional Chartered Accountant specializing in real estate investments.
 
To Listen:
On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Download as an MP3 by right clicking here and choosing “save as
 
 
To reach out to Cherry:
website: www.realestatetaxtips.ca 
Facebook: https://www.facebook.com/CCCPA/
 
Till next time, Just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor
Nov 9, 2017
Hello Halton, Toronto, Hamilton, Brantford, St. Catharines, Niagara, Welland, Thorold real estate investors!!!
 
What a terrific weekend in sports for Canadian sports!! My Saturday started with spectating a Brazilian Jiu Jitsu tournament to support my teammates from http://www.mnunesbjj.com/ who competing.  I’m still a beginner at the sport so I was there to be a cheerleader and to experience a competition as a spectator before I sign up to fight grown men in 2018.  Yup, I’m committed to competing at least once and like everything I do, I’ll take a pragmatic approach to training in both the sport, my strength and conditioning, my diet as I’ll need to lose pounds to ensure I’ll be the largest competitor in my weight class.  Just like my real estate, I prefer to have every advantage in my favour especially when I turn 40 and will be the youngest in the Seniors, 40 year old and above division :D.  
 
Speaking of having every advantage, my clients hired me to sell their flip property, a gorgeous 2,600 square foot house on one acre.  To best present the property we recruited the best stager, best photographer, true tour video so you feel like you’re there and drone pictures to properly capture what a lovely property this flip is. Check it out here: http://virtualviewing.ca/mm16b/4078-aberdeen-rd-beamsville-u/
 
Saturday night of course was the return of the greatest of all time in combat sports, Georges St. Pierre who won the Middleweight 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 😛 
 
In attendance were some of my investor friends: Mike Iuliano, Andy Tran, Charles Wah and Mary Clements.  Can you tell I enjoy mixing business and pleasure?  Makes for more interesting conversations and they’re all great company.  Special thanks to Mike I from bring nacho ingredients from his garden for some of the best nachos I’ve ever had.  It made a great night even better.
 
Sunday at the TFC Eastern playoffs semi final, second leg was a crazy game, Toronto had all the best scoring chances in the 1st half then gave up trying on offence in the 2nd half.  There was a million penalty cards handed out, the crowd was all over the ref including beers being thrown in his direction.  We lost the game but move on to the eastern final due to away goals tie breaker.  Can’t wait for that game!
 

This week we have something different, we have a returning guest in Ryan Carr because him and I were masterminding two weeks ago and he was explaining to me how he is bearish on the market.  We both agree a correction is coming or we may have already hit bottom based on some of the headlines but Ryan is believing the correction will be worse than I expect.  With doomsayers, the strategy is obvious, sell all your real estate and rent.  Not many people put their money where their mouth is like for MP Garth Turner who correct called a correction in 2008 but we all know where the market has gone since then. He may have been incorrect but at least he practiced what he preached.
 
That brings us to Ryan Carr, he’s back on the show to share with all of us how he’s preparing for a steep correction in the short term and as always, the show is Truth About Real Estate Investing and I want to bring you all opinions and experts so you too may maximize your financial success, have kids that graduate university debt free, support your favourite church and charities etc… Ryan  is a bright young man investing in 20 properties in the last 2 years and his only formal training is in being a mechanic.
 
For the long version story of Ryan, simply rewind back two episodes or click here: http://www.truthaboutrealestateinvesting.ca/mechanic-invested-20-properties-two-years/
 
So without further ado, I give you Ryan Carr
 
To Listen:
On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
Google Play: http://goo.gl/CAM5Mn
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Download as an MP3 by right clicking here and choosing “save as
 
To reach out to Ryan:
website: https://rwcarrinvestment.com/
Facebook: https://www.facebook.com/profile.php?id=100010830488618
 
Ryan's article on shed investing
 
Till next time, Just do it, I believe in you.
Erwin
Hamilton, St. Catharines, Toronto Real Estate, Land Development Investor
Nov 1, 2017
We have a very interesting guest this week with my friend THE JAY WONG, who is a real estate investor but he’s more well known for his ultra successful, rated #1 Self-Help podcast theinnerchangemaker.com on iTunes.  I know if you’re listening, you may enjoy my podcast, however Jay gets 50-60 times as many downloads as I do so you can just imagine how good the theinnerchangemaker.com is.  Jay’s mission is to create empowering media that summarizes all of these great lessons covered in on his show by other successful Change makers, in hopes that these combined journeys will help business owners grow their business through online marketing and elevating their leadership.
 
If you’re a real estate entrepreneur or an entrepreneur in general, I know you’ll find Jay’s lessons useful in helping to build your authority and raise joint venture capital.
 
Jay’s past guests include leading educators in self development: Bob Proctor, Grant Cardone, and Philip Mckernan.  From the feature image for this episode, you can see Jay and his podcast were featured at Toronto Downtown’s busiest intersection,Yonge and Dundas square,so without further ado, I give you The Jay Wong.
 
To reach out or follow Jay:
website: theinnerchangemaker.com
YouTube Channel: JayWongTV, link: https://www.youtube.com/channel/UCeR0FLjRFFLqY5nLPAmc0dA
 
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