This week I’m excited to bring to you Nick Ditomaso, he’s been investing for less than three years after 20 something years of sitting on the sidelines. Even as a single dad, he’s been super successful with just a few well selected investment properties and with the proceeds of just one property, Nick is paying off his mom’s car loan, paying for his son’s wedding, donating to charity, and still have sufficient capital for a down payment or two for more investment properties. Nick’s claim to fame is his ability to refinance his own home for multiple down payments, he almost did it THREE times within 12 months and successfully achieved above market appraisals each time. Listen in on his tips on how he did so plus his advice on books to read and clubs to join.
Recommendations by Nick:
Real Estate Investing in Canada: Creating Wealth with the ACRE System by Don R Campbell
http://a.co/fan4HoE
Secrets of the Canadian Real Estate Cycle: An Investor's Guide
http://a.co/8KE2R90
The Property Management Toolbox: A How-To Guide for Ontario Real Estate Investors and Landlords
http://a.co/g5hMFsT
Rock Star Real Estate Membership
https://rockstarinnercircle.com/erwin
Real Estate Investment Network (REIN pronounced rain)
https://rein.rstrm.com/3MU4oTq-4Mhaoh
Annual ACRE (Accredited Canadian Real Estate) Systems.
http://info.reincanada.com/edmonton-acre-2017
I usually have a discount code closer to the Toronto event each year.
“Erwin’s Group” Halton Real Estate Investors Group
Tenant Location Services in Hamilton, Crystal Ross
http://investorspropertymanagement.ca/
So Reit Club
https://www.facebook.com/SoReitClub/
Tony Robbins, Brian Tracy, Robin Sharma
Nick On Twitter
@propertysmarts
If you would like to start out on your investing journey, be supported by a team of investor specialists and be successful like Nick, do join us at a future Haltonrei.ca event. Go to HaltonREI.ca to register or if you’d like to get started immediately in building your wealth, fill out the contact form at HaltonREI.ca/contact. Event space is limited as we always have waitlists so avoid disappointment by registering as soon as possible and I look forward to seeing you there. Thank you for listening, this is Erwin Szeto of the Truth About Real Estate Investing show and I’ll talk to you soon.
This week, we’re doing something different, we do not have a guest but rather me! My plan is to buy three houses this year and we just locked up the first of three and I’d like to detail for you the lead up to the purchase, how the purchase went, and where we are going with it. If the listeners enjoy this episode, I’ll make a series of updates on how I invest.
Just to let you know, we have a new website where we will be posting all new and old podcast episodes, show notes, contact info for our guests. The website is www.truthaboutrealestateinvesting.ca. Going forward, all our other websites will forward you to this website for simplicity. If you’re a newer listener, I highly recommend you go back and listen to previous guests for lessons on investing and stories of inspiration. Till next time, my name is Erwin Szeto, thank you for listening and happy real estate investing.
If you would like to hear more about my back story, you can listen to Russell Westcott's interview of me here: http://blog.reincanada.com/transitioning-into-full-time-real-estate
Announcing the Halton Real Estate Investors Club (coming soon: HaltonREI.ca)
Welcome ladies and gentlemen investors across the greatest country in the world, this is the Truth About Real Estate Investing show for Canadians where it is my job to bring you experts in the world of investing so we may learn from their experience, so we too can duplicate their success, and inspire YOU to take action for an early and comfortable retirement. Even better would be investments to pay for your children’s education, down payments for their first homes, and to support your favourite charities.
This week we have an exceptional guest in Elizabeth Kelly who has been investing for over 12 years built a large portfolio of buy, rent and hold investment properties with her husband and co-founded a property management company based in Kirkland Lake, Ontario. Elizabeth also runs a boutique Rent to Own company which specializes in providing home ownership options for families.
On the business side, Elizabeth coaches and trains investors and has done so for the last five years. While doing so she noticed a service gap in the mortgage industry for real estate investors hence she obtained her mortgage license to specialize in helping investors plan, structure and creatively finance their real estate portfolio so they can enjoy their retirement and leave a legacy for their families.
To reach out and connect with Elizabeth:
http://www.kirklandlakeapartments.ca/
Facebook: https://www.facebook.com/SandstoneKL/, https://www.facebook.com/Rent2HomeCanada/
LinkedIn: https://www.linkedin.com/in/elizabeth-kelly-549b6b1b/
Welcome ladies and gentlemen investors across the greatest country in the world. This is the Truth About Real Estate Investing show for Canadians where it is my job to bring you experts in the world of investing to learn their expertise and experience. In our interviews, we will flush out their out their strategies and lessons so we may listen and takeaway highly tactical tips and ideas to improve our investment portfolios.
We’ve had guests in the pasts from faraway lands, Don Campbell who resides in British Columbia, Pierre Paul Turgeon who’s from Alberta but this week our guest, Andy Tran is on the other side of the world in Japan visiting his wife’s family. I’ve been friends with Andy since 2009 when we met at a mutual friend’s birthday and ran into each other again at REIN. Andy was one of my first clients as I helped him purchase investment properties in Hamilton back in 2010 and have been friends since but now the tables have turned as I have hired Andy to prepare my investment property for a legal basement suite conversion. As always, I believe in hiring the best to work on my business and it just so happens that Andy is a leading expert in accessory apartments in the golden horseshoe of Ontario. Andy is guiding me and my property through the city’s permit process including building code, certified drawings, working with the city’s planners and inspectors etc… stuff that I neither enjoy nor have time for.
Andy is a former home inspector and former Manager of Education for Carson Dunlop, a well-known home inspection company in Toronto that produces half of the education material for home inspectors. He’s the Author of book “Legal 2nd Suites – A Beginners Guide.” Andy is a regular guest speaker at different real estate networking events and an all-around nice guy so without further do, I present to you Andy Tran.
Erwin’s preferred cheap headphones with mic:
https://www.amazon.ca/dp/B00HVVONP4/ref=cfb_at_prodpg
Andy’s website http://www.suiteadditions.com/#home-section
You can download Andy’s book here: http://www.suiteadditions.com/start-here/
And contact Andy here: http://www.suiteadditions.com/contact/
Welcome ladies and gentlemen investors across the greatest country in the world, this is the Truth About Real Estate Investing show for Canadians where it is my job to bring you experts in the world of investing so we may learn from their experience, so we too can duplicate their success, and inspire YOU to take action for a better financial future for yourself and those closest to you.
This week we welcome one of the greatest teachers of apartment building investing, returning to the show is former lawyer, former CMHC analyst for default management and underwriter for multi-family properties Pierre Paul Turgeon. Pierre Paul is one of the foremost experts in this area as an author, high in demand speaker at the Real Estate Investment Network and this past month at Rock Star’s Your Life, Your Terms event.
He’s back to give you an update on oil, Edmonton, Alberta, why apartment building investment makes sense for any portfolio and if you feel you need more preparation before purchasing a building, Pierre Paul just so happens to be launching both an online course and a live, in person, hands on training class coming up later this year and he’ll be making the announcement on the show. Links and details are in the show notes.
So without further ado, I am pleased to announce Pierre Paul Turgeon.
http://www.multifamilyinvestingcanada.com/mrhamilton
Live Workshops
Canada’s ONLY Live Experiential Multifamily Investing Training Program.
Experience every step of a Multifamily deal from research to financing, with worked examples and a team of experts to walk you through it.
2 and a half days workshop
Hands on experience
Learn from Multifamily experts
Work through REAL MF deals
Next Workshops:
Edmonton, AB – May 26th-28th 2017
Hamilton, ON – Sept. 15th-17th 2017
This episode is brought to you by Rock Star Real Estate’s Free 90-Minute Training Class where you can Learn The #1 Real Estate Investing Strategy That Has Created Millions In Cash Flow For Canadian Investors Without Touching A Hammer.
What will you learn at the upcoming free class?
I’ve been part of Rock Star since 2010 and you will be learning the #1 strategy we have implemented in Hamilton, St Catharines & Niagara Region to transact on hundreds of investment properties, producing several millionaire clients. The strategy works so well, our clients’ success has been noticed, resulting in our real estate team being award real estate agent of the year in 2015, 2016, and 2017, by multiple publications.
So don’t delay, please to go www.rockstarinnercircle.com/erwin, there are only a few seats left and there is always a waiting list.
This episode is brought to you by Mr Hamilton’s Inner Circle Meeting. Years ago, when I was a dewy eyed, novice investor, I sought out meet ups and “Mastermind” meetings for networking opportunities. At the time I was already a REIN member and had our first three properties, which made me the expert of the group. I felt like no expert, the meetings were unstructured and most folks were just tire kickers. It was a massive waste of time. I wanted to surround myself with action-takers. Fast forward to today, we host monthly Mr Hamilton Inner Circle Meetings meant for the serious investor who is serious about taking action in securing a better financial future for themselves and the people they care about. Our focus is on education, on everything an investor needs to be successful and everything I’ve come across to be an award winning real estate agent and investor.
Each and every meeting has a wait list so don’t delay and register today for Mr Hamilton’s Inner Circle Meeting. Immediately following each meeting is an optional,highly recommended Mr Hamilton Street Smart Tour where you are guided by one of Mr Hamilton’s highly successful investor coaches lead a tour of properties in a select top town for investments. Nothing replaces boots on the ground experience, and sometimes we get lucky and uncover a gem of a property. There is no pressure to buy anything EVER!! But we will recommend to you what we would buy for ourselves.
Kevin started investing in 2007 with a vacant, run down six plex that he purchased with no money down in Thunder Bay. Now a full time investor, Kevin continues to fix up and rent multi-family properties, as well as flipping single family homes. If you know Kevin, you’ll know he has a passion for learning and sharing knowledge, hence he decided to start LifeStyle Housing Radio, a weekly radio show and podcast for real estate investors, and that’s not all. Kevin being from Thunder Bay, hasn’t always been able to attend all the great real estate events in the GTA hence he started the LifeStyle Housing Summit to make great real estate education available to everyone no matter where they live. When he’s not working on a property, Kevin is skiing and coaching at the local ski resort and for the Lakehead varsity ski team.
In case you haven’t heard Kevin’s LifeStyle Housing Radio show, I’m going to play for you Kevin’s very original radio show introduction so without further ado, I give you Kevin Bunzeluk
Kevin created a special offer for listeners of my show
When you sign up at lifestylehousing.com/offer you will get:
- Kevin’s ebook, 'The Ultimate Tenant Screening Guide'
- A few of the presentations from the life style housing summit
- 20% off the LifeStyle Housing Summit all access pass
This episode is brought to you by Rock Star Real Estate’s Free 90-Minute Training Class where you can Learn The #1 Real Estate Investing Strategy That Has Created Millions In Cash Flow For Canadian Investors Without Touching A Hammer.
What will you learn at the upcoming free class?
I’ve been part of Rock Star since 2010 and you will be learning the #1 strategy we have implemented in Hamilton, St Catharines in Niagara Region to transact on hundreds of investment properties in turn producing several millionaire clients. The strategy works so well, our clients’ success has been noticed resulting our real estate team being award real estate agent of the year in 2015, 2016, and 2017 by multiple publications.
So don’t delay, please to go www.rockstarinnercircle.com/erwin, there are only a few seats left and there is always a waiting list.
This episode is brought to you by Mr Hamilton's Inner Circle Meeting. Years ago, when I was a dewy eyed, novice investor, I sought out meet ups and "Mastermind" meetings for networking opportunities. At the time I was already a REIN member and had our first three properties which made me the expert of the group. I felt like no expert, the meetings were unstructured and most folks were just tire kickers, it was a massive waste of time, I wanted to surround myself with winners. Fast forward today, we host monthly Mr Hamilton Inner Circle Meetings meant for the serious investor who is serious about taking action in securing a better financial future for themselves and the people they care about. Our focus is on education on everything an investor needs to be successful and everything I've come across to be an award winning real estate agent and investor.
Each and every meeting has a wait list so don't delay and register today for Mr Hamilton's Inner Circle Meeting. Immediately following each meeting is an optional by highly recommended Mr Hamilton Street Smart Tour where you are guided by one of Mr Hamilton's highly successful investor and investor coaches lead a tour of properties in a select top town for investments. Nothing replaces boots on the ground experience and sometimes we get lucky and uncover a gem of a property. There is no pressure to buy anything EVER!! But we will recommend to you what we would buy for ourselves.
Hello ladies and gentlemen investors from across Canada, welcome to another episode of the truth about real estate investing, where it is my pleasure to bring to you investor stories to educate, inspire and maybe even entertain. This week we have a guest referred by a friend of the show in Amy Halpenny, she’s new to real estate investing but she shot out of a cannon acquiring five properties in just over six months in Collingwood and the Durham Region converting each of them to add secondary suites for a total of ten units.
On-the-job Amy combines strategic ‘big picture’ thinking with well-honed management skills, operational know-how, and a relentless persistence to get 'er done.
Previous to real estate, Amy worked in small business and start-ups for over 15 years in strategy, sales, marketing and operations.
In this interview we talk about Amy’s reasons for investing, the courses she took and how it helped, how her investing strategy will insulate her from market corrections.
Coaching recommended by Amy: https://durhamrei.com/coaching/
Hello ladies and gentlemen investors from across Canada, this week we have a special guest in an old friend Oliver Manalese. I’ve known Oliver for many years dating back to my first year at REIN in 2008 and he no longer invests in real estate. Just to confirm, you are indeed listening to the Truth About Real Estate Investing show and one of the truths of the investment business is it’s not for everyone. In Oliver’s case, he built a successful business, made a bunch of money doing so, and later decided to change directions.
Since 2012, Oliver Manalese is a Breakthrough Coach. He coaches, consults and trains creative leaders in a process of Aligned Reinvention. Through breakthrough insights, intuitive guidance, and transformational tools, his clients create lives and businesses that reflect their deepest purpose on this planet.
His work is based in Ontology. Simply put, he looks at the different ways we are being and how it determines our reality of what is possible and not possible. In today's culture of hustle, overwork, and never enough, being is the key component that's missing. Returning to being is what translates into a greater sense of presence, flow, and trust in the unfolding of our unique process.
In this episode we talk about a variety of topics: how rent-to-own works, how Oliver raised capital as a 22 year old with limited start up capital, how real estate taught him about entrepreneurship, the importance of personal development and growth. He was so good at the business, other investors sought out Oliver to hire him to be their investing coach. This led to Oliver’s aha moment of wanting to help people in a more fulfilling way as the full time break through coach that he is today. Apparently it’s working as for both personal or professional projects, Oliver’s clients report having a greater sense of inner peace, satisfaction, confidence, joy, and abundance.
So without further ado, I introduce to you, Oliver Manalese
Oliver is also host of The Oliver Manalese Show, a podcast that dives into the breakdowns and breakthroughs of influential people. Guests include accomplished entrepreneurs, coaches, and authors who vulnerably share their genuine challenges and the insights that empowered them to breakthrough.
For more information visit: http://www.olivermanalese.com/
Connect with Oliver on Facebook: http://www.facebook.com/OliverManalese
Oliver’s podcast: http://www.olivermanalese.com/show
Complimentary sessions available at http://www.olivermanalese.com/
Real Estate Investment Network: reincanada.com
Think and Grow Rich by Napoleon Hill: https://www.amazon.ca/Think-Grow-Rich-Million-Dollars/dp/0449214923/ref=sr_1_1?s=books&ie=UTF8&qid=1492093250&sr=1-1&keywords=think+and+grow+rich
Psycho-Cybernetics by Maxwell Maltz: https://www.amazon.ca/Psycho-Cybernetics-Updated-Expanded-Maxwell-Maltz-ebook/dp/B00SI02BW4/ref=sr_1_1?s=books&ie=UTF8&qid=1492093294&sr=1-1&keywords=maxwell+maltz
Last Word on Power by Tracy Gross
War of Art by Steven Pressfield
The Way of the Superior Man by David Deida
This episode is brought to you by the Real Estate Investment Network, or REIN for short. I’ve personally been a REIN member since 2008 and in Toronto on April 21st-23rd is the well renowned ACRE program. ACRE stands for Authentic, Canadian, Real Estate and it’s the best weekend of real estate training I’ve attended. Additionally, it’s not thousands of dollars like other, similar events. I like ACRE weekend so much this will be my tenth time in attendance. The education is that good and the networking is even better!
As a special gift to our listeners, founding partner of REIN, Don Campbell, has provided you all a discount code to save $300 off the public’s price at $687 – which is already fantastic value! You listeners only pay $387 by entering discount code ERWINSGUEST when you purchase ticket from reincanada.com. Again, that’s April 21st-23rd for the best weekend in real estate investment training for $387. Link: http://info.reincanada.com/toronto-acre-2017#pricing
Thanks for reading (and listening!) and hope to see you at ACRE!