The Truth About Financial Independence for Canadians

You know about the downturn we just experienced and like many of you, I was curious how private mortgage companies fared so I reached out to Kyle Ford whose company manages $150 in private mortgages. Kyle tells it like it is, he shares how many mortgages went sideways, what the lessons were, how Kyle and his staff put time and money into taking over failed BRRR’s and flips to finish projects and s...

Have you met Steve Phillips ? He’s a member of my team, the four time award winning iWIN Real Estate. Right out of school he worked for one of the largest condo management firms in the GTA, he’s a serial entrepreneur, had a construction business, real estate runs in the family as the Mrs. is a designer. Steve is well known in the Durham region as well within the investor community having been coac...

We have my old friend Aaron Moore on the show who is an extremely successful real estate investor, wholesaler and flipper. Aaron and I met monthly to mastermind for three years so I know him well and can verify he’s a nice guy and he’s much more successful than many of the real estate influencers on Instagram. Aaron is the only wholesaler I know who guarantees the purchase from the seller includin...

We have great guests who just launched their new apartment building REIT, a real estate investment trust. If you don’t know what that is, it’s like a fund where the underlying is a bunch of apartment buildings and regular investors like you and I can own shares in the fund to participate in the investment.  Mike Rockall and Mark Baltazar our guests today are the founders/owners of Peak Multifamily...

On to this week’s guest who’s tired of the real estate craze! At least the craze has died down a little with several education companies and coaches having disappeared.  Such is the real estate cycle, weak hands get flushed. We have Dominique Chénard  owner of Chenard Wealth who provides managed investments, financial planning, insurance, group benefits, and Accounting Services.  She is CFO of her...

We have Matthew Lee and Ming Lim, the owners of a full service real estate business called Volition Properties who happen to host the largest meetup in Toronto and if you can believe it, them and their community successfully invest in Toronto and we’re not talking about condos, we’re mostly talking about small multifamily including significant renovations to add apartments including laneway suites...

Today’s guest Michael Ponte is an old friend of mine, us old guys who’ve been buying properties and REIN members over ten years ago. We’ve known each other and run in the same circles what feels like forever and forever is the perfect time horizon to own real estate.  Michael owns, with partners Apartment buildings across the country: BC, Alberta, New Brunswick, Nova Scotia, probably Saskatchewan...

On to this week’s show! We have Matt Biggley who is doing some very profitable investing in the Windsor, Ontario area now with a portfolio of 31 doors and some waterfront small developments and luxury short term rentals. Key to Matt’s journey are successful partnerships so we spend some time on how to identify strategic, long term partners. Matt Biggley describes himself as a lucky husband; a girl...

On to this week’s show! This week we have Matthew Varga who together with his wife Nikole have several six figure ventures: a YouTube Channel HealthNut Nutrition Inc. with almost 1,000,000 subscribers for which they generate ad revenue, show sponsorships, and an engaged audience to market their ecommerce store towards.   A growing portfolio of real estate investment properties include some that ar...

On to this week’s show! Today we have the host of the mega conference the Multifamily Conference, Seth Ferguson , on the show. If you were at the event headlined by Kevin O’Leary last year you know it was a really great one and this year, Seth has been inspired by 10X with headline speakers Grant Cardone and Alex Rodriguez who is best known for his successful baseball career. At one time being Bas...

We have the founder of Property Technology company Viler Lika on the show. He is the founder and CEO of SingleKey and if you haven’t heard of them yet you will want to pay attention to this show as in my experience, they are providing us investors a ton of value at affordable prices. SingleKey is the largest tenant screening service out there with their recent acquisition of Naborly. The majority...

We have Ben Bergen who has acquired 14 properties over a short period of time and has the scars to prove it! Ben is a graduate of one of those many $13,000 per year group coaching programs, spent close to $50,000 and in his words he grew too fast, too soon, ego driven, nearly lost his shirt when he had 3.5 major renovation projects on the go. My observation is if not for Ben’s own sweat, hard work...

With all the craziness going on it’s nice to have a palate cleanse with go getters like my old friend Amanda Bouck and Marty Gordon. I first met Amanda around ten years ago at Rock Star Real Estate when she was running the day to day as the in house Property Management business. Fast forward ten years she’s managed a team of coaches, created educational content at Keyspire and together with her hu...

On to the show! I had no idea how many new tax rules we investors have to deal with this year, the Underused Housing Tax is especially concerning as I’ve spoken to many pros out there who don’t understand it either.  What’s worse is the penalty is $5-10k for not filling and a lot of us investors have to complete and submit the Underused Housing forms even though we are an excluded owner thus havin...

Today we have my friend Saurabh Singhal who is a real estate lawyer and litigation specialist out of Mississauga, Ontario. Saurabh services some of our clients and a whole lot more investors from the general public so he’s seeing first hand the financial difficulties that speculators and private lenders have put themselves into.  Saurabh himself is working on 32 files for power of sale, meaning th...

We have something a little different, a real estate investor with a lot of heart in Melissa Dupuis, we rarely have investors on this show who target those on social assistance but Melissa has with her renovated, repositioned 10 bedroom rooming house. As we don’t have many rooming house investors on this show, we spend some time on the subject in terms of numbers, target tenants, regulations, and o...

Kyle Pearce is a Math teacher and Kindergarten to Grade 12 Math consultant to his local school district in Windsor, co-founded an online learning business for Math professional development. Kyle actively invests in real estate for value and cash flow, stocks and options trades and partners to co-own North Shore Properties that holds 30 units in and around Windsor, Ontario.  Please pay attention to...

We have an author, coach, mentor, mom, wife and investor since only 2017 who’s done a lot while keeping her day job. English isn’t even Brooke Shang’s first language as she moved to Canada from Taiwan at age 17. Brooke has done a lot from losing $50,000 on a joint venture in Winnipeg with a now bankrupt partner who drove a Porsche to owning nearly 30 rent to owns, a bunch of duplexes, and focusing...

This week we have Mackenzie Wilson of SingleKey the tenant credit and background check reporting service that recently acquired Naborly. If you haven’t heard of SingleKey… well they are quite popular in the circles I run in and for you new investors, you’re so lucky you don’t have to run credit checks the old way… Mackenzie is a very diligent investor from Calgary, Alberta.  He shares how we went...

On to this week’s show! We have something different in that our guest is a successful entrepreneur in the world of Business and not real estate investing, YET. Nick Kindler is the Chapter President of Entrepreneur’s Organization, a private membership of seven figure entrepreneurs that Cherry and I also belong too. As a member of the real estate community, I find learning from entrepreneurs just as...

Hello and welcome to another episode of the Truth About Real Estate, my name is Erwin Szeto, the four time award winning Realtor to investors, host of this podcast, the #81 Business podcast per iTunes, where we focus on bringing you true experts, masters of their craft and we have a great guest for you today in real estate coach and educator Elizabeth Kelly. The term coach has been used lightly th...

We have Ken Bekendam who is up to many things to generate cash flow and build wealth in real estate.  The best part is Ken is available for hire! One can hire Ken’s company https://legalsecondsuites.com for major renos to your home or investment property including basement apartments and garden suites. Ken and Legal Second Suites has even been in the news representing one of his clients, a mutual...

Victor shares a lot today about how to scale up a real estate portfolio, how novices can get started interning/volunteering on development projects to gain invaluable experience for a smoother transition from side hustle developer to full timer.  There’s Victor’s strategy of “buy on the line, move the line” for investing in gentrifying locations.  We’ve been practising the same strategy in our loc...

This week is a lovely story about a young Millennial who started his journey in his passion: health and fitness, if you’ve seen Vince Lee in person, he’s jacked and looks like a personal fitness trainer.  Unfortunately for personal trainers living in Toronto, it’s hard to get by. Thanks to his supportive partner, shout out Chewy and the Trust Your Talent community, shout out Tim Tsai, Vince has be...

How refreshing is our guest Diana today! It goes to show one can’t judge from an Instagram handle. Eg Diana’s is @investorgirldiana when really it should be @sophisticatedinvestordiana but I get it. We are supposed to be humble and modest in our marketing. But screw it. Diana is legit. She shares her experience and numbers flipping from a $2.3M luxury house in Toronto and to a century home in Hami...