Three sleeps later and I’m still so disappointed in the Federal budget.  Hello and welcome investors to the Truth About Real Estate Investing where it’s never been all sunshine and rainbows. My name is Erwin Szeto, Top 20 Real Estate Influencer in Canada, host of this tell it like is podcast ranked #81 in all of ITunes Business, my team and I have transacted on over $440,000,000 of income properties translating into over 45 self made real estate investor millionaires in Ontario where it’s harder than ever and the new budget makes me sick to my stomach. Sadly I knew a tax grab was coming ..read more

Greetings friends and real estate investors! This is the Truth About Real Estate Investing Show and I’d like to thank everyone who attended the How To Invest in USA Workshop this past Saturday.  The recording will go out in a day or two along with the research I prepared on the best places to invest in the USA for 2024 along with 23, new manufacturing facilities being built for a combined investment of $224 billion and potential job creation of 69,200.  Compare that to the Stellantis and Volkswagen investments in Windsor and St. Thomas respectively of a combined $7.8 billion and 5,5 ..read more

I just put the finishing touches on my research report called “The Best Places to Invest in the USA in 2024” and it took forever because the number of Global Fortune 500 companies each investing billions of dollars into building new manufacturing facilities to each create thousands of high paying manufacturing jobs with average salaries of 55,000 to 135,000 USD plus benefits. When you match that to the income properties I’m targeting at $100,000 to $300,000 with rents of 1,100 to 2,400 plus utilities in 9-10 different cities… you can imagine the analysis paralysis. If you want to do your own ..read more

Guess what topic keeps coming up in my DM’s. You, our 17 listeners would like a litigator, a lawyer who specialises in suing people to guest on my podcast.  You asked and you shall receive, I’m working on a few folks right now and that’s just the state of affairs in the investing community though I should note, the problems are generally isolated in certain groups unlike REIN and Rock Star hence we just had CEO of REIN Patrick Francey and Co-Founder of Rock Star Tom Karadza on the show. Respectfully, I keep hearing news about investors within the community declaring bankruptcy or bankrup ..read more

Thank you everyone for the birthday wishes, I turned 45 over the weekend so if I live to 90, I’m either half alive or half you know what, LOL.  To celebrate Cherry, my wife and Real Estate Accountant organized an escape room and dinner for a small group of friends and family. As a special birthday present, we escaped the escape room without hints at this particular venue after 15 or so failed attempts in our career with a whole 60 seconds before the clock expired.  This was a fancy, two hour escape room with two parts. The 2nd part of the western themed event was a bank robbery wher ..read more

Welcome to the Truth About Real Estate Investing Show for Canadians, I am a Canadian real estate investor since 2005, investment specialist Realtor since 2010, my team and I have done over $440 million in investment transactions, my name is Erwin Szeto and I currently have three houses of my own for sale and I have some experience share to frame the what I’m seeing in the market, call it a market update: I have three listings, all best in market student rentals, two in St Catharines, one in Hamilton. I sold one in St Catharines to a family whose child goes to Brock University and is going to ..read more

Welcome investors to the truth about real estate investing show for Canadians. My name is  Erwin, I am Canadian, host and producer of this show since 2016, 300+ episodes, over $440 million in investment transactions, and four time Realtor of the Year to Ontario Real Estate Investors.  Presently I have 45 millionaire and multi millionaire real estate investor clients and I’d like to get that number up to 200 within ten years. I just returned from a trip to Calgary to meet up with some clients, real estate investor friends, Calvert Mortgages, and attend a friend’s wedding in Canmore ..read more

Happy belated Valentines Day everyone! My son and daughter could not be more different. My ten year old daughter was the only one in her class to hand make all of her valentines day cards, one for each of her classmates.  My eight year old son? Guess what he did.  He prepared nothing.  He didn’t even want to go to the dollar store for pretty awesome valentines day cards with badass Marvel or DC superheroes on them for cheap. Daughter, thoughtful. Son? Thoughtless. Oh how hilarious it is to have a child of each sex.  The sad part is I see so much of myself in my son. LOL Sp ..read more

It’s a sad day at the Truth About Real Estate Investing For Canadians.  A highly leveraged group of landlords with hard money loans, heavy renovation investment strategy in tertiary markets group of landlords is seeking bankruptcy protection.  I’ve included links to the appointed monitors website where you can find all the court documents, articles in CBC and Globe and Mail. Fingers crossed this all works out and the articles report how over 30% of the portfolio is sitting empty.  Maybe I’m small minded but I only renovated one property at a time as I don’t like negative cash f ..read more

I’m back from Texas and Costa Rica only to hear about a massive bankruptcy protection filing and today’s guest co-authored “The Ultimate Wealth Strategy – Your Complete Guide to Buying, Fixing, Refinancing, and Renting Real Estate” back in 2014 along with great investors Quentin D’Souza, Andrew Brennan and our guest today, Jeffrey Woods.  Jeff started with only $69,000 to build a sizable portfolio of multi-family, mixed-use, and commercial properties. Jeff has since transitioned out of Canada to live in the Dominican Republic and starting up investing in the USA.  Jeff and I are old ..read more