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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 22, 2019

Congratulations Toronto and Canada, we are the champions!! We did it!!

History was made so I may have taken more liberties than I normally do in my conservative, boring life.  I like boring, I like being at home and going to bed early, and I’m glad life can finally get back to normal with less late nights and stress replaced by more family time, more sleep, more martials arts and Crossfit.  Life isn’t always boring though, I’m getting a new car soon next week my challenge to my mastermind group was to CN Tower Edgewalk, that’s walking around the outside of CN Tower at 1,168 feet high or 116 storeys. Nothing beats a low risk thrill for team building followed by a mastermind lunch in the 360 Restaurant for blue sky dreaming ideas of wealth hacking.

Speaking of Wealth Hacking, while I scroll through the pictures on my phone from the last week its been busy:

  • Our AirBnb is rocking, a single family home we would normally rent for $2,000 has booked $4,600 on AirBnb for June only, we are 77% booked so we can definitely break $5,000. I’m preparing a presentation right now actually for iWIN members tomorrow night to share how we arrived at this point with all the automation, apps, technology, hardware etc… as I didn’t lift a finger.
  • Cherry and I attend an Entrepreneur Bootcamp for two whole days and I have many takeaways around apps, scheduling, and scaling businesses
  • Sadly I missed a few hours of the 2nd day as we were out late the night before celebrating history as our Toronto Raptors won the championship.  We sent a video of apology to our hosts as we were cheersing tequila shots. They understand. This is history and life is all about experiences. We didn’t get in till the sun was coming up and I won’t be doing that again for a while.
  • Saturday was another loaded day as the kids had the day off from Chinese School and I was teaching my oldest to ride a bigger bike.  It’s really interesting to practice influence skills on a five year old, she resisted and wanted her old bike but she’s a champ and now only wants her new bike.
  • From there is was my clients’ open house of their new build, two semi detached houses, each with basement apartments. I’ll have the Steve Ford, one of the investors on this project on this podcast shortly to explain the ins and outs of new construction.  He’s a project manager for a major builder and an expert in construction. As always, we will bring you experts on this show. There is nothing wrong with just starting out but those starting out should not be offering coaching services. Just saying.
  • For some background on these new builds, my clients bought two houses: one a single family, the other a duplex, severed the backyards and built two more houses, each with a basement suite.  Each new build is rented for $3,400 plus utilities and over $10,000 in rent for these now seven units. This is next level investing so stay tuned for Steve Ford!

This episode is brought to you by iWIN’s Wealth Hacker Conference:

On November 9th, 2019 at the Toronto Congress Center, we will be sharing the best secrets of the rich including:

  • 10X mindset
  • Six figure income, 15 mins per day, options trading from your phone
  • Earning income like the bank passively, better returns and more stable than the stock market by private lending
  • Investing in real estate: apartment buildings, raising capital, AirBnb, student rentals, accessory apartments, land development
  • And so much more as we confirm more Wealth Hacker experts who do, no theory BS

Tickets are on sale now at: www.wealthhacker.ca and don’t delay, prices are going up and if you want VIP, we only have 100 of them and they will sell out first.

www.wealthhacker.ca if you’re interested in the best side hustle and income replacement opportunities.

November 9th we have the rich and successful sharing their secrets on how they became rich and successful. You don’t want to miss this event.

Police Officer Dave Knight Says You Have The Right, No, A Duty To Build Your Wealth

On to this week’s show!

Officer Dave Knight is a friend, an investor, client of ours, fellow podcaster of the First Responder Wealth Network spreading the word how even for those with a pension, people need more, especially for those who risk their personal safety everyday to protect all of us.

Dave is also a bigger fan and student of Grant Cardone having taken some of his masterminds and apartment building investing mastery classes delivered by Grant himself. Dave also has insights into Grant’s strategy and lessons as to what goes into his over $1 billion dollar assets under management portfolio.  This was totally not what I expected.

Have a listen, buy a timmies for a first responder when you see them in line and I proudly give you officer Dave Knight.

 
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