Georges and I used to work at the same real estate brokerage called Rock Star Real Estate owned by my good friends Tom and Nick Karadza. I’m still at Rock Star, Georges has moved on to Keller Williams.
He’s on the show today to share his journey from getting fired from his first job out of University and transitioning into real estate full time.
He’s hustling as you’ll hear from the interview. He’s driving around and targeting small multifamily properties to acquire with partners. How she sold his wife’s home, a condo during the pandemics and used the proceeds for two multifamily properties.
Georges shares how he’s finding deals, the strategies used and success rate. No it’s not easy, Georges makes it look easy and that’s what this show is about, sharing the truths about real estate investing. It’s not all roses but those with the hustle and resiliency will win out.
I get questions from folks on social media from time to time.
I don’t mind them; I feel this is one way to give back to the community that means so much to me and has led to Cherry and I building a seven-figure real estate business and eight-figure real estate portfolio.
My real estate business, iWIN Real Estate, transacts on 100 properties per year, 90% of them are for investment purposes, and if you know us, we’re very close with our clients since we provide coaching services to ensure their success.
Investing-wise, I’ve had personal interests in over 40 properties since 2005, so while I don’t know everything, I know a little enough to be dangerous and happy to share my experiences if that helps.
This week we have Duncan, who asks:
“When in your real estate journey did you decide to engage a property manager to be able to focus on other aspects of the business and investing?”
I hope my answer helps!
On today’s episode we have apartment building, multifamily investor Seth Ferguson who I first met back in 2019 when he invited me on to his podcast. After the recording Seth told me about his relationship challenges with his romantic partner who was also his investment partner on several rental properties and related financial challenges as the properties were vacant and mortgage payments were being missed.
Here Seth is telling me he has money problems and I suggest to him he take our beta Stock Hacker Academy course that weekend. Seth takes me up on that offer and we’ve been friends ever since.
Other than being on YouTube, podcasting, Realtor business owners, real estate investor, apartment building investor mostly in southern US, father of an energetic young boy, and being newly engaged. Seth took on a full time job as conference host of the Multifamily Conference that is coming up soon on May 14-15, 2022 at the CAA Centre near Pearson Airport. There will be plenty of parking. Cherry and I literally have tickets front row centre that we paid for.
The headline speaker is… well I won’t spoil it, I’ll let Seth tell you who it is.
Anyways, we talk about structuring deals the right and wrong way. Sadly there’s a lot of investors being caught up with their local securities commission so stay safe out there. Doing one’s due diligence even if the property is far out of the way and you can’t see it personally.
Seth shares his losses and successes with Stock Hacking. The show is a good one and please enjoy the show!
Hilary is a long time client of ours who’s been on quite a journey, from growing up and immigrating from small town Kenya, Africa, coming to Canada on a student VISA as so many immigrants do, then really getting outside his comfort zone house hacking and started investing in real estate.
Imagine that. Coming from a rural community with one or two tea shops to buying houses and renting them to university students and regular rentals as well. The first property being a student rental in Thorold, Ontario in 2015 for $351,000.
Hilary’s strategy for systematic, fully furnishing is a first that I’ve heard of so you’ll want to take note!
He didn’t stop there as he started mentoring others in his community and even joint venturing with some of them to purchase properties in Northern Ontario. With nickel pricings spiking, I hope that’s good news for our investor friends up north.
Hilary has a full time job that he enjoys and proof that one can invest successfully for a comfortable retirement. He has no plans to go full time into real estate.
Please enjoy the show!
Linkedin: Ontario mortgage coaches
Website: Home - My Mortgages Coaches
This week’s guest is Ben Oosterveld, a former real estate agent having sold his business, we talk about why and how he sold it. At the peak of the 2008 Alberta real estate market Ben owned 61 properties across four cities and 20+ investment partners and was living the dream till the market came tumbling down thanks to falling oil prices and the credit crisis in the financial markets.
Ben is here today to share about how he coaches business owners including realtors and investors to better understand themselves, break down walls so they may find happiness, and have more energy to push towards their goals.
Ben’s an old friend, we go back a ways. He’s been on the show before so help yourself, I’ve included the link on the show notes on the email alert that goes out and on my website www.truthaboutrealestateinvesting.ca
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Ben also shares about a new book he’s got coming out called “The Richest Real Estate Agent” and I look forward buying copies for my team and I.
Check out Ben at www.benoosterveld.com/