Hello Everyone Who Invests in Hamilton Real Estate!
Have you been beaten up lately? No? Well you should, and I have!!
As an overly protective father with a young daughter, it’s been decided that my daughter will learn martial arts when she’s old enough and she’s not allowed to have a boyfriend before she has a black belt. We all want what’s best for our kids but we don’t apply our guidance to ourselves, so I took up a new hobby: Brazilian Jiu Jitsu.
New experiences are not always fun. On my first day I had to rent a kimono and I had no idea how to tie my belt. I didn’t know anyone in the class and I didn’t know anything about the martial art outside of what I’d seen on TV. It was an uncomfortable situation that we all go through in doing anything new. It’s good for you to be the worst person in the room at something because there is only one way to go, and that’s UP!
This will be a 30 week experiment to see how much I enjoy it and so far it’s been fun! My classmates are all very nice, patient, and quick to offer coaching. Last week, I got beaten up pretty good by a gentlemen with a year more experience and who was 40 lbs bigger than I am, but I was not submitted and it’s a wicked workout!
Have you done anything where you were one of the most novice real estate investors in the room lately? If you haven’t already, join us for an upcoming Mr. Hamilton Inner Circle Meeting. We have a couple amazing speakers lined up. One to share his experience of leaving his job and building an empire of duplexes, and another who works as a full time land developer. As always, economic updates and boots on the ground lessons learned from the streets of Hamilton will also be presented. You will not find a room full of nicer or more successful real estate investors than this one. Hope to see you all Saturday Sept 10th! You can register here: http://mrhamilton.ca/innercircle
Immigrating and Investing in Canada with Christopher Tan
Welcome to this week’s episode of the Truth About Real Estate Investing for Canadians where it is my pleasure to deliver to you lessons and stories of inspiration to assist you in your journey to financial freedom. This week we have Rock Star investor Chris Tan who was born in the Philippines, moved to Canada in 2010 with little money, yet he bought his first investment property before his 2nd anniversary of immigrating to Canada. Chris and his wife, Alou, even bought their 2nd investment property before buying a home or a car for themselves.
No car? Then how did he get from his home in Mississauga, ON to Kitchener, ON? Chris and his wife would rent a car for each trip to view properties in Kitchener, ON. After closing on the house, Chris and his wife would rent a car to clean the property and sleep over in the vacant house for tenant showings the next day. They did this each week for a few months as the house did not rent right away and they did it again when they bought their 2nd investment property. At no time did they ever complain. No one even knew they didn’t own a car until Chris asked Mike, his Rock Star coach, advice about buying his first car.
I’m inspired by Chris and Alou’s story because they had every excuse in the world to not try to get ahead in life through investing in real estate. They just arrived in Canada, they didn’t own their home or a car, yet they got things done. No complaints, no excuses, just get it done.
I am honoured and humbled to share their story with you.
In this episode we discuss:
- Searching for the right real estate training
- A reminder how lucky we are to be Canadians
- Lessons from multi-level marketing
- Close to $1,000 in car rental fees as part of Chris’ investing
- The Marshmallow Test: delayed satisfaction
- Chris’ worst case scenario
- Rent to own investing in Kitchener, Ontario
- The importance of one-on-one Coaching with Coach Mike Desormeaux (Mike@rockstarbrokerage.com) and how it made all the difference
- Advice for those just starting out
If you’d like to reach out to Chris, here’s his email catanrto (at) gmail.com
Podcast available here:
Google Play: http://goo.gl/CAM5Mn
On itunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294
On Stitcher: http://www.stitcher.com/s?fid=87335&refid=stpr
Thanks for reading (and listening!) and happy Hamilton real estate investing everyone!
Erwin Szeto | MrHamilton.ca
Rock Star Real Estate Inc., Brokerage
PS: If you are just starting out investing, start by spending more time with like minded people and take guided tour of Hamilton by joining us for the next Mr. Hamilton Inner Circle by clicking here!!!