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
Does is seem like Amazon is everywhere? They sure seem to be creating jobs in the thousands each time they are in the news: 3,000 jobs in Vancouver and more recently announced another 1,000 in Ottawa.
I’m fasting on Amazon along with breakfast too but I can’t help but buy lots of books on my kindle as I love reading it to fall asleep each night in the dark. But our household still buys tons off Amazon: phone cases, organic coconut milk, belts, hard drives, nail clippers, web cam, microphones (I simply look around my desk and sadly see hundreds of dollars spent buying off Amazon LOL).
The Amazon marketplace is often the first place I look to shop for convenience and home delivery. That’s where this week’s episode comes in as my friend and client Kensen Wah took the deep plunge to leave his successful career at a big bank to start his Amazon business and he’s here on the show to share how he started and his progress.
This week’s guest is none other than Dave Butler of Butler Mortgage, one of the top producing mortgage brokers in the country and my personal Mortgage professional. Dave is going to update us on the latest in the lending markets in terms of government restrictions on lending, where interest rates are going, choosing between fixed or variable interest, the dirty secrets of the private lending market and how to limit risks when private lending.
Dave also shares how he built his business with long term relationships in mind so this is not just about real estate but about business building as well from a very successful businessman. I hope you all enjoy this interview as much as I did!!!
The audio could be better as my wifi signal in the office was degrading but it was temporary and did improve but trust me, the content is worth the trouble!
Investing in Rural Real Estate Outside Winnipeg, MB with Candice Bakx-Friesen
I was talking to my friend Stephen Jones at the May REIN meeting about the affordability crisis in the Golden Horseshoe’s real estate market. Stephen lives in the East, I in the West but the challenges are no different, where will the next generation live?
Stephen theorized if our kids did not have investor parents, they would have to move to Winnipeg for affordability reasons. I countered, “no, they will be living with you!” to which we both laughed, could you imagine? He’s got four kids too, imagine if all the kids got married and moved back home with their spouses and started having kids.
Speaking of Winnipeg, this week’s guest on the show is Candice Bakx-Friesen, a rural investor since 2001, Realtor, Trainer to Realtors, Coach to investor, speaker, mother and wife.
If you’ve never been exposed to investing in rural real estate investing, you are in for a treat as we have a professional in guest Candice. On this episode we talk about speculative investing as in she developed a lot of land, built a house and put it up for sale. What separates mature investors from amateurs. Kids stealing rent cash, what training looks like for Realtors, the challenges of working with investors, and general lessons in business, investing, and raising kids.
So without further a do I present to you Candice Bakx-Friesen
This episode is brought to you by my networking group, the Halton REI. We meet in Oakville (part of the Halton Region), but mainly invest in the top investment towns west of Halton: Brantford, Hamilton, Niagara Region.
We regularly feature the top speakers from our industry. The vast majority of our attendees are seasoned investors, so you will want to spend more time around these folks, as you are the average of the five people you spend the most time with. Your net worth is your network, so choose how you spend your time wisely.
Knowledge is power. Every meeting we share the latest in market rents, prices in the top neighbourhoods, and strategies for investment. We share the best property available as our Best Buy Property of the Month. We share the best tips and tricks for you to implement immediately to your investment businesses to fast track YOU on your journey to financial freedom. It’s up to you if you’d like to be on said journey.
We also cover some hot topics such as how much we need to retire, financial advice for folks at different stages of their lives, and for having trouble getting their 6th or 11th or 15th mortgage, you will want to hear about the benefits of whole life insurance as I personally know folks who were out of credit who not have credit thanks to a little known insurance called whole life.
If you’ve heard our previous interview, you know listening to Oliver Manalese will expand your mind and today’s interview is no different. He was co-owner of Rent Busters, a leading Rent To Own company and he gave it all up to pursue more fulfilling work as a personal performance coach. We talk about business, investing, how he was a catalyst for a mutual friend (a successful real estate investor) who ended their divorce and got back together with his wife making his kids the happiest kids in the world. The stuff that really matters. This same friend is travelling the world with the whole family including Trinidad, Croatia, Australia, Thailand, more places than I can count.
Pretty cool eh?
If you’re interested in what Oliver offers he’s hosting an Upcoming Workshop Reinvention Roadmap - June 16-17