The Truth About Real Estate Investing... For Canadians

Hussein is a trusted advisor to Cherry and I since he understands the problems faced by families with assets hence he prepared our wills for us and handled our most recent refinancing of now five properties.  That’s right, we’re freeing up capital, improving our cash flow to be ready to take advantage of these dips in the market. Hussein knows a good investment when he sees one hence he was one of the first to sponsor Cherry and I’s Wealth Hacker Conference.  If you too are interested in sponsoring please reach out to us by responding to any email you receive from us. Hussein and I discuss several topics including what investments he likes and absolutely refuses to assist clients with (yup, those investments are just that bad). How someone as successful as himself wants to raise humble children, investing in physical gold. As always, it’s fascinating to pick Hussein’s brain so please do enjoy the show! To Follow Hussein: Web: https://hsklawfirm.ca/ Instagram: https://www.instagram.com/hsklawfirm/?hl=en

Antonio had a broken childhood as the child of hard working, blue collar immigrant parents who were busy working 60 hour weeks to put food on the table.  His story of how he turned it around is full of lessons for anyone out there wanting to turn their fortunes or with troubled teenagers. And did Antonio ever turn it around graduating university top 10 in his class, got the top co-op placements and great jobs after school. As he’s a student of some of the greatest investors out there: Warren Buffet, Ray Dalio; he’s in private equity for the Ontario Teachers’ Pension learning from some of the best investors out there and currently works for one of the big five Canadian Banks on Bay Street. Like myself, Antonio is not loyal to real estate, he’s an investor who happens to prefer real estate for highest returns and best investment thesis.   This is a pretty cool episode and if you know any troubled younger people, you may want to share this with them. Please enjoy the show!   To Follow Antonio Yong: IG: https://w

On to this week’s show!  We have my business coach Mary-Anne Gillespie who I’ve been since around 2014 back when there was no Zoom. Mary-Anne or Coach MAG as she’s known, we did coaching over the phone and she lives in Ottawa so I never got to see her but for as long as I’ve known her, she’s been running long distance and high energy. Since meeting Coach MAG, she’s beaten Cancer, didn’t even tell me she had Cancer and you’d never know talking to her. She lost 150 pounds. For the first time publicly on this show, she shared with me how her parents died when she was 16 and was homeless. On our last episode Mary-Anne shared how she completed her first Iron Man Triathlon in the US during the lockdowns and pandemic, she’s immunocompromised from having Cancer, only had one shot of the vaccine and still travelled to Tulsa and finished the race.  That was just over a year ago, last weekend Mary-Anne not only completed another Ironman but she won 1st place. I don’t know how she does it. Coach is a successful Realtor,

Episode 2 of the Stock Hacker Academy Show!  In addition to all of the weekly real estate episodes, we’re trying out this monthly stock market focused episode.  The audio for these episodes are taken from our weekly Stock Hacker Youtube Show. We realize that many of you aren’t video people. These monthly Stock Hacker shows will bring you the best information and stock market education we put out on a regular basis.  This month we cover: Beginners Guide to Canadian Dividend Stocks How real estate investors left money on the table with stocks A synopsis for each segment is below. And if you’re a real estate investor who’s investigating the stock market, we’ve prepared a free guide just for you. “How Real Estate Investors Find Cash Flow in the Stock Market” is a collection of 5 stories from real estate investors and entrepreneurs just like you who are using stock hacking to augment their cash flow. Download your free report here!   Beginners Guide to Canadian Dividend Stocks: There’s only one form of truly pas

On to this week’s show! We have my friend Derek Foster who successfully retired a long time ago, 2004 was the last time he had a job and Derek is retired, retired. Enjoying his time off, chilling and raising his eight, that’s right eight kids so it’s not like he has nothing to do. As a wealth hacker, I have a natural interest in studying how the rich get rich in lazy ways, Derek has done that for almost two decades and has written six best selling books on the subject, and recently he’s been navigating the crash in the stock market quite masterfully as at the time of the recording, the stock market was down 15% year to date, Derek is only down 5% hence he’s completely outperforming the market and likely outperforming pretty much every professional money manager out there.  Is there any wonder Derek helps us teach at Stock Hacker Academy? On our recent visit to our nation’s capital of Ottawa, we invited Derek and his wife to lunch and record this podcast episode in our AirBnb. It’s great to catch up with Derek

We have IMO an incredible story of Saurabh Singhal who came to Canada recently so their kids could have a better life, worked a full time job, then every night after work studying for 12 months to become a lawyer.   To follow Saurabh: https://www.singhal-law.ca/about/ Phone: 647.915.6175

On to this week’s show! We have a veteran investor who’s been investing for over a decade and has accumulated 25 properties including several in joint venture (JV for short) with friends and family.  Justin is one of our long-time clients and as time in the real estate investment market has served him and his family well as the properties we coached him to invest in has allowed Justin to join our exclusive 7 Figure Club.  Owning a million dollars of real estate isn’t too hard these days, earning a million dollars or more in return is significant and Justin has done that. On today’s episode, Justin shares how he got started, we dig into the numbers of some of his properties, what motivated him to invest, and start a podcast for parents to teach their kids about money.  Justin will also be part of a panel of joint venture experts on June  Saturday June 18th at our next iWIN Real Estate Meetup, live and in ONLY person.  There will be no recording or online options. Joining Justin is long time friend of iWIN Jule

On to this week’s show! We have old friend, best selling co-author of Joint Venture Secrets, former Vice President of the Real Estate Investment Network, real estate coach extraordinaire Russell Westcott! Russell is here today to share with us the 7 advantages Canada has over the rest of the world. Russell has owned over 100 investment properties through the years and sharing how he’s pivoted to adding middle term rentals to his investment portfolio and shares the numbers and why he’s buying new construction houses to suit his strategy. Anytime a best selling co-author is sharing how they’re investing their own money, I’m listening so make sure to be taking notes! As always, it’s an honour to welcome back my old friend Russell Westcott!   To Follow Russell: Web: www.Russellwestcott.com YouTube: https://www.youtube.com/c/RussellWestcott Podcast: https://russellwestcott.com/category/podcast/

On to this week’s show! We have Emily and Coach Tammy Ditomaso on the show. Emily is a new investor already with three properties under her belt in under two years. Emily’s early journey includes more involved renovations, inherited tenant who was in jail, rent arbitrage, middle term rentals and most importantly, a lot of financial success. Middle term rentals fall between short term and long-term rentals. In some markets where short term rentals are banned.  Emily also happens to have a nice job for one of the big Canadian banks in HR and shares about what skills and positions earn mega bucks, pensions, benefits and work from home. Working from home is huge for real estate investors so they can get to new listings faster, early to offer and win more deals.  Coach Tammy Ditomaso has been on my team of investor focused, four time Realtors of the Year Investors since 2015. She’s also known as the Duplex Queen since she’s helped a couple dozen buy, renovate, rent and hold more duplexes west of the GTA than anyon

Welcome to the Stock Hacker Academy Show! Worry not, this does not replace anything we’re already doing at the Truth About Real Estate Investing for Canadians. You still get weekly real estate focused education and insights. In addition to all of the weekly real estate episodes, we’re trying out a monthly stock market focused episode.  The audio for these episodes are taken from our weekly Stock Hacker Youtube Show. We realized that many of you aren’t video people. These monthly Stock Hacker shows will bring you the best information and stock market education we put out on a regular basis.  This month we cover: A beginner’s guide to inflation How to make passive income: Stocks vs. private lending A synopsis for each segment is below. And if you’re a real estate investor who’s investigating the stock market, we’ve prepared a free guide just for you. “How Real Estate Investors Find Cash Flow in the Stock Market” is a collection of 5 stories from real estate investors and entrepreneurs just like you who are us

On to this week’s guest. Christian Szpilfogel is one smart guy. He’s a former tech executive who worked with Canadian tech billionaire Sir Terry Matthews and he’s implemented a highly analytical and technology based strategy to maximise the returns on his multi family investment.  Christian detailed the top tech apps and devices for ROI in a past podcast so check it out if you haven’t already, the water metre monitor could save you thousands of dollars via early detection of a water leak.  Christian’s smart on the EQ side as well in his ability to communicate his renovation and development plans with the neighbours to obtain their signed support to get his variances and permits approved. He shares how he’s finding deals, getting offers accepted in multiple offer situations, and even having sellers call him directly. Cherry and I will be videoing and touring Christians properties in early June as part of our Ottawa tour, we’re in town hosting a casual meetup in Centretown 6pm on June 7th and on June 8th, Cherr

On to this week’s show! We have an incredible story from my old friend Todor Yordanov, one of the first serious real estate investors I met in 2007 and he’s done quite well for himself. He’s done so well, he’s progressed to helping others, specifically Ukrainian refugees at the border with Bulgaria where he’s from. How his partner Natalia would cry all night when the war broke out and one morning, they dropped everything to get on a plane to go help. Todor is here today to share how we became a successful investor and Broker, from BRRRR investor to his now focus, pre construction condos. As I type, Todor is actually on his way back to help Ukrainian refugees.  What a guy! Todor’s gofundme for charity the Ukrainian Humanitarian Emergency Relief : https://gofund.me/bc23b150   To Follow Todor: FB: https://www.facebook.com/todor.yordanov.real.estate/ Linkedin: https://www.linkedin.com/in/todoryordanov/ Instagram: https://www.instagram.com/todor_cityrealtypointboss/

On to this week’s show!  We have Ryan Poole who’s not your average Florida Realtor with 24 years experience. He’s on the show today to share his experience during the housing bubble and the financial/credit crisis of 2007/08 including buying portfolios of distressed properties for cents on the dollar, how current times are different. What typical investments and who are these Florida buyers are.  We talk about the local amenities, weather, hurricane preparedness, foreign buyer financing, that’s right, us Canadians are the evil foreign buyers this time, lol.  As mentioned, Ryan is not your typical Realtor, he’s an owner in a tech startup called Realtrade.io, a marketplace for Realtors and real estate. Kinda like Facebook and Realtor MLS in one. I’ll let Ryan explain it. Anyways, Ryan’s a good guy and I learnt a ton about investing in Florida for a local 24 year veteran of real estate, and hope you do too. Please enjoy the show! To Follow Ryan: Web: https://realtrade.io Instagram: @realtrade_inc Facebook: https

On to this week’s show! Today we have an old friend of mine Moe Hansrod who’s been in real estate since the early 2000’s as both investor and property manager. Moe is currently an owner of KW Property Management (KW stands for Kitchen Waterloo, not Keller Williams) with around 2,000 doors, 600 clients, mostly with single family homes w/ the average investor client owner 3-5 houses. Moe is on the show today to shares some truths about real estate investing including having to pick up the pieces after what out of town Realtors promised to investors in terms of over inflated tenant profiles and over rents by as much as 25%. Moe is also an investor in Realmeproperty, a startup, real estate, financial technology company offering block chain based, affordable investing opportunities in cash flowing real estate.  Moe’s young friends Akshat and Rishard who are super bright and going places are here to explain what is a fractional ownership of investment properties opportunity. As always, anything said on this podcast

On to this week’s show! We have a pretty amazing story of Alfredo Hermano who grew up in affordable housing and now he’s building and developing a ton of affordable housing. He's got three buildings on the go for a total of 400 rental apartment units with rents well below market value, and plans to grow that number to ten buildings and well over 1,000 units.  These are investments and part of the investment was crowdfunded via Addy which I think is super cool so even those with smaller bankrolls are able to invest. On today’s show Alfredo shares how his company 3H Properties Group is able to work with the government to provide subsidies AND his investors a return. As usual, none of what is shared today is an endorsement.  Please do your own research and due diligence, past results do not predict the future and please seek professional investing advice. Everything shared today is for educational and infotainment purposes and I wish you all success in your investment returns! To Follow Alfredo: Linkedin: https

Stephen or his business, who’s been featured on HGTV 24 times with Scott McGillivray. More importantly, Stephens real estate experience includes managing 1,200 apartment units in his previous career, then going on vacation to Costa Rica and moving there, now he’s back in Ontario for family, jumping into real estate with both feet in 2014, joining networks, hiring coaches like Ian Szabo and Quentin D'Souza. Near the end of the interview, we get into detail on what current opportunities look like in Belleville and Stephen’s awkward, celebrity fan moment when Scott McGillivray. Please enjoy the show! To Follow Stephen: Email: steve@infinitywealth.ca Instagram: https://www.instagram.com/iwin_on_the_eastside/

On to this week’s show! I’m super excited to have back on the show my friend Jules Mckenzie who I find super inspiring and unfortunately, I’m just going to warn some of you now, he is a super successful real estate investor having owned a lot of properties and raised millions and millions of capital to buy real estate in Barrie and Orillia but he’s a Police Officer with over 30 years of experience and I know some of you won’t like his opinion about the protests in Ottawa. Jules shares how he too protested at Parliament Hill and his experience was very different than what happened earlier this year with the trucker and anti covid mandate protests. We talk a lot about real estate on this show on tips and tactics including previous interviews with Jules so feel free to go back and listen to those. Today we focus more on the obstacles Jules has had to overcome being an indigenous Canadian, growing up on a reserve, substance abuse. If you’ve ever met Jules, you’ll know he’s one of the happiest people you’ll ever m

Since 2008, I’ve witnessed several epic collapses of real estate investment companies. Some small, some still in court for hundreds of millions. Several private lenders, even mortgage brokerages who originated the private lending have deals go bad.  In speaking to friends who had invested with Epic Alliance, a Canadian real estate company that recently collapsed, the passive investors are now actively scrambling and taking over control of the properties.  As Warren Buffet said, “only when the tide goes out do you see who’s swimming naked.” Please enjoy the show!

The path to success is not a straight line.  This week’s guest Cory Sperle is a perfect example having started in a career working in the oil sands, invested in Alberta in pursuit of cash flow instead of close to home in Kelowna, BC, through the peak and collapse of oil prices and with it, real estate prices. We talk about the differences in investing between Saskatoon and Edmonton, Cory’s experience investing in 10 apartment buildings, six of which other investors put up the capital. Cory is kind enough to share his truths about real estate investing including working for free and even coming out of pocket during the down years of the Edmonton market.  Cory is a multi family educator with his 6 Pillars of Multifamily Success program and he’s getting into events and hosted in March called the real estate outlook - 2022 and beyond. We go into detail on how he structures joint ventures near the end and the lessons doing so and you don’t want to miss it! Please enjoy the show!

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. To Follow Georges: https://welloffpodcast.ca/ FB: https://www.facebook.com/georgeelmasriWO/ IG: @welloffx