The Truth About Real Estate Investing... For Canadians

On today’s show I invited my good friend Christian Szpilfogel to discuss the sad truth about real estate in managing and recovering distressed assets, understanding the root causes and having proactive strategies. We discussed the risks of private lending, the responsibilities of the borrowers.  Christian has the unique perspective of having worked in a heavily securities regulated environment of Mergers and Acquisitions when he was a general manager under one of Canada’s richest Canadians only to see the wild, wild west that is real estate investing where some investors openly violate securities laws in soliciting the public for capital even offering guaranteed returns.   The last time I heard “guaranteed returns” was from the owner of a now bankrupt company and he’s on the run from the cops. Christian being one of the good guys in real estate, I thought he was ideal to text at 9:30am to come on the show for 10:30am to talk about losing money.  Christian is the owner of the Aliferous Group where he invests