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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
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Now displaying: Page 1
Jun 4, 2018
My friend and Marketing guy John Cerpnjak just entered the housing market, a new construction apartment condo on the west side of downtown Toronto.
 
John is a hard working millennial who works from home for the most part helping small businesses with their online, direct Marketing.  Much of the work is contract based and from home, a trend that is becoming more and more popular, and no different than many millennials, they rent and want to enter the real estate market as an owner.  Who can blame them, pay rent forever or join the middle class buy owning property.
 
John was expecting to pay rent for the majority of his 30’s but something happened allowing him to afford a downpayment on a property and the following is his story.
 
As a socialist, I want to see more affordable housing but that’s just not happening considering the sellers’ market I continue to see at the starter home category and rents in major markets continue to climb.  It is a sad reality in which we live and something I want to see my kids avoid and for you the listener to act today so your children and grandchildren may choose home ownership vs. paying rent for life.
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