My friend Shawn Bedard who I first met at REIN over ten years ago and our real estate investing paths were quite different. Back in 2010, Shawn couldn’t find deals that make sense in Ontario so he went to landlord friendly USA and bought 4 houses in Atlanta and 10 in Memphis, Georgia. His experience and investment went…. I’ll let him SHARE.
Other than real estate investing, I’ve invited Shawn on the show to discuss his volunteer work at a non-profit organization called Entrepreneur’s Organization (EO), specifically the Accelerator program where Shawn leads the initiative to guide entrepreneurs with $250,000 to 999,999 in revenue USD to get over a $1 million USD and become a full member of EO.
EO has been an invaluable resource for entrepreneurs like Shawn and I. I luv it hence I joined the board of our Toronto chapter. What I luv about EO members is they’re kind, successful people who all want to make their mark in the world.
Our values are:
Trust and Respect. Each of us is unique and equal. ...
Thirst for Learning. We have an insatiable curiosity. ...
Think big, be bold. We innovate, take risks and see opportunity in a challenge.
Together we grow. We are committed to each other's growth and well-being.
To learn more about EO’s Accelerator program
https://eocanada.com/accelerator/
To connect with Shawn:
LinkedIn: https://www.linkedin.com/in/shawn-bedard-65a3/?originalSubdomain=ca
We have my friend Adam Kitchener back on the show as we get along because he keeps it so real. No pictures of him on a private plane, or luxury vehicle or luxury watches. Well he does actually but they’re obviously photoshopped as he’s poking fun at the phonies out there.
Don’t get me wrong, luxury stuffs great. I personally luv it when folks celebrate their success and reward themselves. Keep in mind, most successful people in my experience don’t brag about their wealth, read “the Millionaire Next Door” if you don’t believe me. The book describes 99% of my millionaire clients exactly. Why would anyone brag about their cars and watches or gold chains, on social media? That would make them a target for robbery. Adam actually rips people who do such things and turn out to be frauds on his social media accounts.
On today’s show, Adam recounts his trials and tribulations of being a full time, active investor. He shares how he finances deals including private money, the numbers on the deals he’s done, why they are deals, how cash flow and timely execution is paramount to survival and he pulls no punches, it’s not sexy.
He’s been assaulted and harassed by tenants, arrested by police, bought houses with backyards littered with used syringes from drug dealers.
Investment wise, he’s doing excellent and well setup for the future but it was far from sunshine and rainbow getting here. Feel free to reach out to Adam on social media, he’s happy to take a question or two for anyone who needs a second opinion on anything real estate related.
https://www.instagram.com/mradamkitchener/
https://www.facebook.com/adamrkitchener
Please enjoy the show!
Returning to the show is Andrew Kim from Brampton who identifies as American. He used to invest locally, the return on time wasn’t there so he bought 20 houses in landlord friendly USA ten years ago now he cash flows over ten thousand US dollars per month. His Accountant Carmen was the one who guided Andrew to invest in the USA along with several of her Accounting and Financial Planning Clients since 2008. Since then they’ve combined forces to make the same opportunities available to everyday Canadian investors with the company they co-founded call SHARE thanks to their innovative technology and automation to bring down the costs substantially.
Full disclosure: I am an advisor to SHARE, meaning I get paid to develop their business in Canada through Marketing and Sales. It's the most fun I've ever had in my real estate career. I wake up every morning excited to speak with investors and help them find opportunities in the USA. Active as an investor and landlord since 2005, I'm eager to share with my clients and community a simpler way to combat inflation and build their wealth with less risk and higher cash flow, in places where investors are truly welcomed.
I want to thank Andrew and SHARE for inviting me along for the ride and for helping me invest in USA. I can’t wait to start making offers in May after my rentals here are sold and closed.
As I mentioned, Andrew’s context of real estate and investing is very American since he lived in California for five years and wants to go back. He’s here today to share what 150 Canadians interested in investing in the USA have said to him.
Please enjoy the show.
📅Join Our Upcoming Workshop: How to Invest in the U.S. Real Estate Market as a Canadian Investor! For those who’d like a deeper understanding of how to invest in the USA, we are happy to announce our next US investing workshop on Saturday, April 13th.
🔗Sign up: https://USAworkshop.eventbrite.ca/?aff=YT
We have returning to the show my friend Seth Ferguson and I want to thank him for hosting the biggest real estate event of the year May 24-26th. The Friday is a 101 for beginners then the main course is the Saturday and Sunday and I’m excited to see all my friends from the community, hopefully our 17 listeners and Wolf of Wall Street Jordan Belfort.
I don’t know his full story outside of the Leonardo Dicaprio movie, he did go to jail for doing awful things with peoples’ money but I know he’s got great stories to share how he did it all wrong and if he had only played the long game and stayed legit, he would have made 10X the money.
Robert Herjavec of Dragon’s Den and Shark Tank is the other keynote speaker along with a secret guest Seth will reveal on the show!
Seth is pretty awesome too, I can’t wait to be there to support my friend and I look forward to seeing everyone!
On today’s show Seth shares the journey to the third Multi-family conference, how and why he chose these speakers, how this year will be drastically different than years past. We’ll discuss why Seth from Milton, Ontario owns no income properties in Canada and focusses his own efforts and capital in southern USA along with some of the numbers.
https://multifamilyconference.ca/
Metro Toronto Convention Center
May 24-26th.
Please enjoy the show!