Speaking of my favourite hedge against inflation, real estate, I don’t know many people who own more real estate than today’s guest in Russell Westcott. He’s been through a lot of economic cycles being an Edmonton, Alberta real estate investor. Russell is an old and good friend of mine so it’s always great to catch up on what he’s up to to help people out. He’s possibly the top real estate investor coach out there and it helps that he’s owned over 100 properties and co-authored the best selling book “Joint Venture Secrets.”
Admittedly, I don’t invest in Alberta and my outlook is bearish on the oil industry. With the growing popularity of electric vehicles and carbon taxes, I don’t see the demand for oil keeping up, not with Ford and GM planning to be all electric by 2035. But I’m not an expert and I’m always keen on listening to opinions different from mine.
I’ve been friends with Aaron Moore for quite some time. What most don’t know is he’s very successful and an even nicer guy. Most don’t know who he is because he doesn’t have a huge social media presence, he’s quietly doing deals and crushing it.
In 2020 alone, Aaron did 36 deals including 10 flips. In this episode Aaron is kind enough to share some tips for those new to wholesaling and his path to build out his team. I know I took a ton of notes and I hope you do too.
This week we have Joe Morden who recently retired from his sweet paying government/union job to invest in Windsor real estate and Stock Hacking to make a living, but more importantly to spend a lot more time with his wife and three children.
Joe shares the networks he belongs to help him on his journey, some of his numbers for his flips and duplex conversions and what life is like retiring from the career he’s had for over a decade.
On this week’s guest, we have nationwide apartment building investors Michael Ponte! I first met Michael at a real estate conference many years ago where he was collecting his award as apartment building investor of the year. Michael invests all across Canada and more recently in the maritimes provinces and he has a unique strategy, one I can’t recall I’ve heard of before in the multifamily space.
Michael also shares some tips on how he’s able to invest in real estate on the other side of the country as he lives in British Columbia but invests as far away as Moncton, New Brunswick. I give you Michael Ponte.