• The Truth About Real Estate Investing... for Canadians

  • De: Erwin Szeto
  • Podcast

The Truth About Real Estate Investing... for Canadians

De: Erwin Szeto
Escúchala gratis

  • Resumen

  • The Truth About Real Estate Investing... for Canadians is by Canadians for Canadians eh? The show is exactly that, we speaks truths, no get rich quick schemes, investing is a marathon, if you're looking to get rich quick this is not the place for you. Instead, we invest based on economic fundamentals using tried and true best practices that generate wealth for the long term. The Show is hosted by Erwin Szeto aka Mr. Hamilton. Erwin is a professional real estate investor, Realtor at Rock Star Brokerage Inc., 2015 winner of Realtor of the year by the Real Estate Investment Network AND the Canadian Real Estate Wealth Magazine. He is an expert in his field and knows his business like no other. In this show, he deconstructs world class investors, digging deep to find the tools, tactics, and lessons that all investors can use.
    Más Menos
Economía Finanzas Personales
Más Menos
Episodios
  • Mortgage Market Update: Canada & USA w/ Unicorn Mortgage Expert Scott Dillingham of LendCity

    Mortgage Market Update: Canada & USA w/ Unicorn Mortgage Expert Scott Dillingham of LendCity
    Apr 22 2025

    Greetings friends, this is Erwin Szeto, and welcome to The Truth About Real Estate Investing for Canadians, the #9 ranked podcast for Canadian Investment and Personal Finance per FeedSpot! Thank you listeners and past guests of this show! As always it’s a honour to have this platform and ability to give back to the community that has been so much to my family and I where we all share a passion for the best investment class in the world: real estate. Here on this show, it’s my job to interview the top minds in real estate investing and business to uncover the strategies, mindsets, and habits that actually work—especially in today’s market.

    This week’s guest is Scott Dillingham, founder of LendCity Mortgages, is returning to the show with a mortgage market update! He is a rare expert in both Canadian and U.S. real estate financing.

    Scott built his career helping investors—starting as a high-volume mortgage broker at one of Canada’s Big Four banks for ten years, where he consistently ranked among the top 1% nationwide. In his peak year, he closed over 410 mortgage deals, most of them for investment properties.

    He’s also a seasoned real estate investor himself, owning dozens of rental units, which gives him firsthand insight into the challenges his clients face.

    What makes Scott especially unique is that, as a dual citizen, he’s able to own and operate mortgage brokerages in both Canada and the U.S.—something rare, I don’t know anyone else who can do that. That means Canadian investors working with Scott can access lending strategies, mortgage approvals, and support for properties on both sides of the border—all under one team.

    Through LendCity, Scott works with over 60 lenders in Canada and 2,500+ lending sources in the U.S., helping investors scale smarter no matter where they’re buying.

    📍Catch him live Saturday morning April 26th Half-Day iWIN Meeting. We have in person seats which are almost sold out and a bit of room online for those who live a bit further away. We survey our subscribers and you want to hear about landlord friendly strategies: student rentals, short term rentals and the US and that’s what you’ll get! My team and I will be sharing a local real estate market update including rentals, tips on selling tenanted properties and Scott will be live and in person where he’ll share best practices on financing and navigating both Canadian and U.S. lending markets.

    🎟️ Register here: https://iwinmeeting.eventbrite.ca/?aff=ig

    Please enjoy the show!
    Más Menos
    1 h y 8 m
  • Powerhouse Conference: Kevin O’Leary, A-Rod, Dragons Michelle & Manjit — 1 Stage, 5,000 Attendees

    Powerhouse Conference: Kevin O’Leary, A-Rod, Dragons Michelle & Manjit — 1 Stage, 5,000 Attendees
    Apr 11 2025

    ✅ Understand why investors are shifting to U.S. markets
    ✅ Learn how to raise capital and structure bigger deals
    ✅ Hear what it takes to put 5,000 investors in a room with A-listers

    Ever wonder what it takes to build Canada’s biggest investing conference?

    My old friend Seth Ferguson, returns to the show, after losing all his rental properties to a nasty divorce along with his golf clubs, he started the Multifamily Conference in Covid in 2022 which was excellent, 2023 was headlined by Grant Cardone & Alex Rodriguez, 2024 Wolf of Wall Street Jordan Belfort and Robert Harjevic. Today, Seth takes us behind the scenes of how he scaled from a couple hundred person real estate event into a 5,000-attendee juggernaut, easily Canada’s largest Business & Investment event. With speakers like Kevin O’Leary, A-Rod, Dragons Dens: Michelle Romanow, and Manjit Minhas, and still another major speaker yet to be announced. Powerhouse is an apt name for the event. Same for the budget!

    We dive into marketing, event growth, and how Seth landed some of the biggest names in business. For details and to register go to: https://powerhouseconference.com/

    The event takes place May 23-25th in Toronto.

    We also get into Seth’s own real estate portfolio and his shift away from Canadian rentals to focus exclusively on multifamily investments in landlord-friendly U.S. markets like Texas and Florida.

    Seth and his team specialize in garden-style multifamily properties—low-rise, landscaped apartment communities that are common in the U.S. but virtually unheard of in Canada, where high-rise towers dominate. He shares what makes these assets so attractive, how they’re managed, and why he’s also drawn to build-to-rent communities and why he’s bullish in places like Florida and Texas. For details check out www.cpicapital.ca
    Más Menos
    1 h
  • Another Trip Around the Sun. The Worst Year for Real Estate in My Experience.

    Another Trip Around the Sun. The Worst Year for Real Estate in My Experience.
    Apr 2 2025
    It’s not all bad 🙂 Thank you to everyone who took time out of their busy schedules to wish me a happy birthday. The vast majority of messages came from the real estate investing community, and reading all the comments and seeing the names brought back a lot of memories—many from easier times for real estate investors. My fellow escape-room-loving, nerdy friends attempted to be among the elite 4% who successfully escape... #FAIL This mango cake tasted better than it looks The Problem: The Changing Real Estate Landscape, for the Worse Since the peak of the market around late 2021 to early 2022, prices have declined while the cost of operating a rental property has continued to rise. Rent control has squeezed landlord incomes, leaving many of my clients and fellow investors struggling. We real estate investors never signed up to backstop inflation for our customers, and not once has anyone said, "Thank you." Some of my clients have endured nightmare tenant situations: one tenant owes over $30,000 in rent; another caused $20,000 in damages; and another had terminal health issues, not paying rent, leaving the house in such a disastrous state that it had to be sold as-is. Our client unwittingly became a social service provider overnight, and they’ll never be Ontario landlords again. Why buy and hold a move-in-ready property for ten years only to experience this kind of grief? This is not what my private citizen client signed up for. In the areas where Ontario where majority of cash flow oriented investors invest like Oshawa, Barrie, Hamilton and Kitchener are well off their peak prices. Duplexes especially. In Hamilton where the majority of my clients and my duplexes are located we're 20% off peak prices and we're experiencing low showing volume of our tenanted and vacant duplex listings. Market rents are coming down on long-term rentals too as international students aren't coming to Canada in droves any more but our university (not college, we're not a fan of college student rentals) student rental rents have still climbed slightly, even over last year's historic increases. I was finally able to get rent PLUS utilities on my McMaster University rental. Those same tenants have already renewed for the following school year. I feel bad for parents of university students as I review rental rates for upcoming listings we have near Brock and Western University at $700 and up per room. (Please let me know if you have anyone looking to buy a student rental near Brock and Western University :). University student rentals are my favourite local investment strategy for both cash flow and limited landlord tenant board risk. From what I see in the local market, student rentals have the most demand from investor buyers. This is the most buyer advantaged market I've seen other than 2008 and early covid but with the Landlord Tenant Board risk and cash flow, rents across the country are declining but not that far off historic highs, so overall housing affordability is still bad on the historic side. So no surprise, I've never seen such low local investor buyer interest. As such, Realtors and full time investors have returned or pursued other careers. My own team of investment focus Realtor/coaches has shrunk, it's just the original Tim Hong and I now servicing our clients and our clients mainly want to sell which is great us as Realtors, not so great is tenanted properties take a whole lot more effort, lead time and risk management in our experience but we love it. We love seeing our clients take profits, take a load off their shoulders and enjoy themselves, usually it's travelling to exotic locations. It's challenging but such rewarding work. For months, we where taking calls from pre and construction condo investors but unless they wanted to take massive losses, in some case 20% or more of their purchase price as there is six months of condo supply downtown Toronto. That's what's on market and can be tracked. I've been in the Facebook groups for private assignment sales and there are endless private listings there as well. Condos have always gone against my investment philosophy. Land is a hard asset as it is finite, no one is making more of it vs. condos are in the sky and there's plenty of space above land to many, many condos. Generally condo investors have no choice to hold, rent it out, negative cash flow a thousand or two each condo and pray the market recovers in two or three years. I feel bad for new condo investors and at the same time, grateful our strategy of buying on land real estate for value and cash flow has worked. The Guide: What Smart Investors Are Doing Instead In my nearly 14-year career coaching clients in real estate, I have never seen challenges like these. Thankfully, our clients have fared much better than most, as they’ve renovated smartly to optimize cash flow. Nearly all of our clients own houses with basement apartments, student rentals, or small ...
    Más Menos
    23 m
adbl_web_global_use_to_activate_webcro768_stickypopup

Lo que los oyentes dicen sobre The Truth About Real Estate Investing... for Canadians

Calificaciones medias de los clientes

Reseñas - Selecciona las pestañas a continuación para cambiar el origen de las reseñas.

Reseñas de Audible.com

Opiniones de Amazon
No hay comentarios disponibles