This week we have a special guest in Michal Wywrot, who started out investing in real estate at the age of 17 at the same time while going to school and university, playing Poker and using the winnings to graduate university debt free. Mike travelled the world as a professional poker player on the top three world poker tours having played in LA, Vegas, Croatia, Monte Carlo. Michael and brother Luke’s investing is just a varied and spread out having investing in new construction condos in Markham, nine student houses in Hamilton, flips and rent to owns in Brampton and Durham regions, apartment building in Etobicoke and finally, their current project, developing 30 units in Toronto.
Should you want to learn more about their business or join them in a future development opportunity, go to their website at www.lch.to
On Instagram: https://www.instagram.com/lch.to/
Facebook: https://www.facebook.com/lifestylecustomhomes.ca/
On the podcast, we talk about:
What Michal does to stay in shape and destress
The boom of online poker, risk analysis, exploiting early advantages
Reading opposing poker players and skill transfer when screening tenants
Michal’s investing career starting at age 17 with a new construction condo
Flipping a house in Etobicoke
Converting a 3 unit into six units near Humber College
Current project: 30 units new development and challenges including an unexpected $500,000 environmental cleanup