To celebrate 200 episodes, I have my real estate team here today because they’re the ones who got us here today to share some lessons from the last five years and 200 episodes. Five years is a milestone as we all have five year goals and the team is here to share some investor stories from the last five years.
So today we have our biggest podcast in history in terms of people on the show and we have:
Tammy “the Duplex Queen” Ditomaso
James “Money Baggs” Maggs
Tim “Clap Back” Hong. Tim is Clap Back as he has the wittiest comebacks.
Joel Arndt, and
Chris “The Captain” Hook
Special mention to Meaghan Robidas who has been my Operations Manager for the last 7 years but she’s too shy to come on the show but that does not discount the importance she has in our success.
If you’re not sure what you can accomplish over the next five years or my 200 episodes then this episode is for you to inspire some ideas. Want to be a top 1% podcast? Host your own event to 1,600 people? Own 10 or more investment properties? It’s all possible. It starts with the guts to do it, then the know-how, and surrounding yourself with positive people. And I’ll always be here cheering for you.
Before we start the show, just a friendly reminder, we are hiring for 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 like James and Tammy have.
Please enjoy the show!
On to this week’s show!!
We have architects and innovators of laneway housing Ryan Fernandes and Craig Race from www.Lanescape.ca
Young Ryan reached out via my website to let me know he’s been a long time listener, more recently investor and what he’s going going on workwise with Landscape designing laneway homes which are like laneway garages repurposed into apartments or a new build tiny house on a laneway behind the house. The progressive Toronto government makes laneway housing attractive investments hence we have Ryan and Craig here on today’s show to share how the investment works.
Ryan and Craig have 50 laneway houses at various stages under their belt and they’re here to share hard and soft costs, rents, tenant profiles, and where to find such opportunities.
Hopefully the next phase will be garden suites so we investors may create much more housing supply to improve housing affordability.
For free property reviews and resources: www.lanescape.ca
Soon after they shot out of a cannon buying a lot of property over a short period of time. I remember meeting Matt at a Rock Star VIP dinner event (remember having dinner in a restaurant with friends?) and I remember him sharing how he was concerned about paying the double land transfer tax for a house in north Toronto. That was 11 years ago, thankfully they did the deal and I’m sure the house has tripled in value.
Funny how investing in real estate can change lives.
11 Years later, Matt Spada is no longer the 23 year old I met in 2010. He’s now a gym owner, father of two, owner of as many as 12 properties, now holding seven houses.
Matt also took our Stock Hacker Academy program this past fall and shares he’s really enjoying it which is awesome because I love hearing client success stories and Matt and his dad Gino are gym owners. I’m quite confident they could beat me up without breaking a sweat.
Anyways, here is the story about how a 19 year old Matt Spada got started investing in real estate.
Free book, “eat Smart, eat Often, eat Small” http://gandmfitness.ca/sos-book/
Today we have my friend Jayson Lowe of Ascendent Financial who is kind enough to provide Cherry and I whole life insurance.
If you never heard of whole life insurance and how it fits into the Infinite Banking concept, that’s ok. Like learning how to invest in real estate, it wasn’t anyone's job to teach you and I only got first interested when several of my wealthy real estate investor friends shared with me, whole life insurance was their path to more mortgages.
There is a right and wrong way to invest, I know quite a few who did it wrong so I’m glad to have Jayson being a real estate investor and private lender here today explain the strategy.
The And Asset Book: www.andasset.ca
Free Full Overview Video: https://www.ascendantfinancial.ca/