Not much has changed since then.
Don and brother Rick Lewis went from running a renovation company to a real estate company where they renovate their own properties. They have projects and wholesaling on the go all over southern Ontario and together they own Tridium Corp.
Pay particular attention to how Don and Rick compliment each other.
Then there’s Stephen Jones who is well known in the Durham investor and Keyspire communities. He’s both a successful Realtor and real estate investor and owner of Bluelinerealestategroup.com.
This was another fun episode for me to record and it’s really cool to see how these three including Rick work together after all meeting one another inside my AirBnb in Miami just three years ago.
Please enjoy the show!
On to this week’s show!
We have an action taker who didn’t like the lockdowns and restrictions, sold his house in Oshawa, Ontario and moved the whole family to Costa Rica permanently.
Today we have the famous Rob Break of the Breakthrough Real Estate Investing podcast since 2014. He’s a real estate investor, entrepreneur, licensed real estate professional in both Ontario and Costa Rica. He’s done wholesaling, flipping, buy and hold, student rentals, duplexes, buy, renovate, rent, refinance and repeats aka BRRRRs in Durham Ontario and now Costa Rica.
Rob and I have been friends for years even before he joined Rock Star Real Estate Brokerage years ago. He’s since left but we stay in touch and I finally got him back to give us all an update on investing and living somewhere where the winters aren’t trying to kill you.
Rob shares about flipping in Costa Rica, why he chose the coastal village of Playa Potrero to buy a house and settle. How his boys are adjusting to new surroundings and private school, opportunities for short term rentals, renovation projects, and what the numbers look like.
As this show is about the truths around real estate investing, Rob being a good guy shares his honest opinion on where to best invest for return on investment.
For you aspiring podcastors and Realtors, I ask Rob about if he could do it all over again what he’d do differently.
Maybe one of our real estate friends will be kind enough to organize a meetup in Costa Rica so we investors may all go have a working vacation :).
I had a great time catching up with Rob Break and hope you enjoy this episode as much as I did.
On to this week’s show with Kornel Szrejber!!
Financial Freedom or Independence or Security or whatever your goals are, there are many ways to get there.
I personally think having your home paid offer and one paid off investment property would be life changing for many. Having ten paid off investment properties would be even more so but not everyone is that ambitious.
Some are good with living a frugal lifestyle. The two people I met who I considered financially free before the real estate boom were frugal ppl. One with a couple Brock University student rentals and the other owned two triplexes in Toronto and lived in one. One drove a really old Mazda, the other didn’t even own a car.
Today we have Kornel who has found freedom mainly through boring, buy and hold exchange traded funds (ETFs for short). These trade like stocks and they track the movements of an index, sector, commodity, or a fund managed by professionals.
But like many of you he couldn’t stay retired for long and purchased a conference called the Canadian Financial Summit and made a success of it.
Not an easy feat in my experience but it helps when one hosts a successful podcast like Kornel does. 1.2 million downloads to be specific and the show is called Build Wealth Canada available anywhere one listens to podcasts. On his show, Kornel interviews finance experts for their best practices, tips and tricks for financial planning purposes.
On to this week’s show!!
During the pandemic, I picked up a new hobby called golf because during the early pandemic, you couldn’t see your friends or clients unless it was on a golf course. From there I was hooked as I personally enjoy mixing business with pleasure, playing golf and networking and doing business.
While golfing, specifically dinner and drinks after golf, it was there I had a more in depth conversation with Andre Matos, a Home Financing Advisor Scotia and Stock Hacker Academy alumni. Andre explained to me the mortgage products available only directly from Scotia include mortgages on property owned inside a corporation.
This was news to me and I told Cherry about it right away as we own 11 of our 12 properties inside a corporation.
If you’re wondering if you should incorporate your investment properties, Cherry my wife of www.realestatetaxtips.ca offers a report called “7 Questions to Ask Yourself When Deciding to Incorporate” Report https://realestatetaxtips.ca/7questionsreport/
Andre is a serious real estate investor hence he has several mortgages in a corporation with Scotia Bank, he’s a Stock Hacker, an immigrant from Brazil as you can tell from the accent, and he’s passionate about sharing practical advice and his experience to anyone who will listen.
As always, this show is about experience sharing. I get nothing in return from Andre nor Scotia for having him on the show. Nothing we discuss today should be considered financial advice, for professional financial advice, see a financial advisor. If you are a great one or know of one, I’m all ears!