The Truth About Real Estate Investing... For Canadians

That’s right, a part time investor from Toronto investing in cash flowing, Hamilton real estate improved his net worth by $600,000 in just six years.  Gross rents of $8,000 per month and John’s personal efforts to generate those revenues is 30 minutes per week or 2 hours per month, therefore his hourly rate is $4,000/hour. After over a decade of sitting on the sidelines and knowing real estate was an excellent asset class, John finally took the leap after meeting his real estate coach in Erwin “Mr Hamilton” Szeto (full disclosure, John is my client).  John, son of Greek immigrants, being a rather smart guy who has his MBA and Chartered Professional Accountant designation took the leap and purchased his first investment property, in April 2011, a single family, semi-detached for $240,000 which is now worth over $400,000 in today’s market. John has a full time, management job in Toronto, recently married to lovely wife Freda and are expecting their first child.  With busy life including teaching at Sheridan Col