Major Announcement. How We are Making Real Estate Great Again
Major Announcement. How We are Making Real Estate Great Again

Major Announcement. How We are Making Real Estate Great Again

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17 min
Business & Finance
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<p><span style="font-weight: 400;">Hello and welcome to the Truth About Real Estate Investing for Canadians, my name is Erwin Szeto, residential real estate investor since 2005, and in my experience, the investment that has gotten my over 350 clients ahead in life is direct ownership of real estate as they own the property, manage it themselves or hire a property manager, and grow their portfolios by borrowing cheap mortgage money. My team here at iWIN real estate has been coaching clients to do so since 2010 and it’s been a great run.</span></p> <p><span style="font-weight: 400;">Yesterday, I was supporting one of my clients who I’ve helped acquire several properties whose tenant has not paid rent in 13 months even though they won at the Landlord Tenant Board five months ago.  He also shared with me how his rental portfolio was the highest source of stress in his life.</span></p> <p><span style="font-weight: 400;">Another client, a real estate mortgage professional, he’s had minor basement leakage in one property in a brand new renovation and in his other brand new renovation, the tenant move out because the floors are out of whack having been installed onto of an uneven floor.  The tenant said the flooring edges are sharp and too dangerous for their baby to be crawling around on. My client is back and forth with the flooring manufacturer and the general contractor and it’s been months.</span></p> <p><span style="font-weight: 400;">The truth about real estate investing is it can be stressful and there are challenges.  I have my own stories too for another day but this is not why I first got into real estate.  I started investing for an alternate source of income. I would side hustle as a real estate investor for a return of more freedom, more control over my finances and bring my clients along for the same journey.</span></p> <p><span style="font-weight: 400;">It’s always my job as chief investment officer of my household and for my clients to find ways to optimize their portfolios including reducing risk.</span

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