Chris Franco (@investfranco) is a Barrie-focused Real Estate Investor who bought his first property in 2006. Since then, he has accumulated a total of 21 houses, giving him 56 units. He shares what he learned about Section 8 housing when he took a trip to Detroit, his experience at Grant Cardone’s 10x Growth Con, as well as his thoughts on financial literacy in Canada. TIME STAMPS: How did you get into Real Estate (1:18), Why did you choose to invest in Barrie (5:36), Chris' Philosophy/Mindset (8:30), How to access Chris (20:27), Section 8 Housing (23:47), 10X Growth Con (27:22), Focusing on Barrie (28:19), Duplexes (30:32), How to get started with Real Estate Investing (32:02), Numbers from a recent deal (35:48), Immigration (40:33), Grant Cardone (42:30), Why not use OPM (44:41), Full BRRRR (46:26), How many properties to leave your 9-5 (56:10), Chris' life prior to Real Estate (57:16), Chris brings out surprises (1:08:30), Real talk about life and personal development (1:16:41) Follow the show on Instagram @wealthispossible 

@spokephoto tells his story on how he got into the industry and built his brand. He shares his tips and experiences on shooting cars at car shows like Sema, Import Expo, and Driven. We also discuss how he monetized his business and his thoughts on camera gear. Time Stamps: How did you get into car photography  (1:50), How did you come up with the brand (spokephoto) (9:10), sell all your gear but keep one camera and one lens (11:49), how much money do you need to get started and what gear to buy (13:45), strategies to grow your brand organically (16:50), how often were you shooting cars (20:15), peers in local car scene that you're a fan of (24:04), why is U.S. car scene more hardcore vs. Ontario (26:22), shooting at Import Expo, Driven & tips for shooting at car shows (31:44), how to monetize your car photography business (36:56), selling merch (41:00), offering prints (47:13), private shoots (53:25), storage (1:15:44), lighting (1:26:51), where do you see yourself in 5 years (1:28:53), what is your why (1:31:14), talking film photography and cameras (1:32:33), supra or skyline (1:39:48), slammed or track stance (1:40:41), static or bags (1:41:50), advice for someone trying to become a photographer (1:43:42), how do you stay motivated to post consistently (1:45:07) Follow the show on Instagram @wealthispossible 

In this episode we’re joined by Terrence Marshall (@RealtorTerrence) who tells us about starting a swim school at 20 years old, his successes investing in pre-construction condos, how to deal with landlord/tenant disputes, tax implications on long-term rentals vs. Airbnb, and how he started his own real estate brokerage. Time Stamps: His background (1:20), Starting a swim school business (2:44), Tax Write-Offs (12:40), Opportunity cost of Law School (14:04), Going to a self-directed high school (18:33), Pursuing his CPA (23:20), Investing in Pre-Con (24:34), Why he got into real estate (28:24), Landlord/Tenant Disputes (32:35), What if I don't want to deal with tenants (47:01), The problem with Pre-Con Today (55:23), How HST works on Pre-Con (59:07), Tax Implications on Long-Term Rentals (1:03:13), How to pay no tax on rental income (1:04:35), Airbnb (1:10:50), Pre-Con Success Stories (1:18:42), Pre-Con Investment Lessons (1:22:41), Commercial Pre-Con (1:27:56), Forming Grandview Realty (1:31:56), FAQ by buyers/investors (1:35:30), General Tax Q&A (1:45:07) Follow the show on Instagram: @wealthispossible 

In this episode we’re joined by Sujhan Balachandran (@Sujhanbalachandran) who tells us about what led him into real estate, his real estate career thus far, and building luxury homes with Arcadia Custom Homes. He also shares stories from his first year selling real estate, preaches the value of door-knocking, and tells us what drives him (his why).

Time Stamps: Before Real Estate (2:24) ,Lessons from University (4:08), Jobs before Real Estate (7:08), Transition into Real Estate (12:57), Doing renovations with his brother (21:32), Advice (26:19), Becoming a real estate agent (30:17) , First year as an agent (40:24) , Door-Knocking (57:36) , Setting Goals (1:11:26) , Sujhan’s Why (1:15:31) , Work Ethic (1:17:31) , Arcadia Custom Homes (1:28:00)

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Earl Nightingale once said the following “We all come from different backgrounds – some rich, some poor, some middle class, but the beauty about our mind is that we can re-program it like a computer.” In this episode we talk about the fact that regardless of where you come from, it is possible for you to program your mind in a way that leads you to what you desire. Presently, we all have access to the tools and resources needed to re-program our mind to achieve success. These tools are Youtube and Books, among other things. Back in the day it was much more difficult for the poor and middle class to re-shape their mindset to think like the wealthy. We discuss how each of our individual mindsets were shaped. We talk about topics such as financial freedom, keeping an open mind, and our goals both past and present. Follow the show on Instagram @wealthispossible

Ever wondered how the credit card companies think? What is the correct way to use your credit card? What is the incorrect way? We discuss all this and more on today’s episode. MIT did a study on brain activity during credit card use vs. cash/debit. We get into the results of that study and what that means. We break down how interest on credit cards is calculated and of course talk about our own experiences with credit cards and interest. No one really addresses the elephant in the room that is credit card debt. Meanwhile, many people struggle with it and are too embarrassed to fix their situation before it’s too late. It's important to understand how it works and what the credit company wants you to do so they can profit. You need to do the opposite of what they want you to do in order to win at the game of credit. Credit Card companies want you to be a revolver (carry a balance on credit card) but ideally you want to be a transactor (pay your balance in full every month).  At the end of the day, businesses like Visa and Capital One have a primary goal and that is to make money off your behaviour. People who have learned from experience or have been educated on how the credit card system works, never carry a balance and therefore never pay interest.This episode was inspired by the second episode (‘Credit Cards’) in the Netflix Documentary series called Money Explained. Go check it out if you’re interested. Follow the show on Instagram @wealthispossible

Vanguard was founded by Jack Bogle in 1975. Jack Bogle has been credited with creating the first index fund that was available to individual investors. He was also a big proponent of enabling low-cost investing for individuals. The mission of Vanguard has always been to put the investor first, innovating for the investor and not themselves, while keeping costs as low as possible. Vanguard does not have a private nor public owner and so they have no one to serve but the shareholder.

The typical mutual fund system as described by Jack Bogle, started with an entrepreneur created a company that forms mutual funds, and that company runs the fund and gets paid for it. That is the way any company starts – it’s the conventional way. However, the difference in the mutual fund industry is that “when that little baby (fund) grows up and doesn’t need all that parental care (Management Fee) anymore, they still have that parent watching over them and taking money away”.  Some mutual funds are over 100 years old and in principle the “child matures, grows up and goes off on its own – and Vanguard recognizes that”. Vanguard saves the investor about 1% a year in fees. This is the difference between getting 30$ (7%) for every dollar invested and 10$ (5%) for every dollar invested, over the course of 30 years. The index fund saves you money period.

In this episode we discuss a great analogy of how ETFs work and the purpose they serve. For the 100th time since the inception of this podcast, we discuss VFV.TO – aka the Vanguard S&P 500 Index Fund for Canadians. Also, we go through a twitter thread on how Fashion Nova was built – completely unrelated, but still interesting. We hope this episode provided you some value or at least pointed you in the right direction. Follow the show on Instagram @wealthispossible

Ethereum was crowd-funded in 2014 and launched publicly in July of 2015.  What is the difference between Bitcoin and Ethereum? We discuss bitcoin obituaries, also known as the various headlines over the last few years that described Bitcoin as being dead or a scam. As is the theme of many episodes, we stress the importance of doing your own research. This episode wraps up with a discussion on how the world works in terms of information that is distributed to the public. Why do headlines always seem to spread fear, uncertainty and doubt? Prior to the internet, it may have been difficult to get alternate sources of information, besides the news. Presently, big names in the world of Finance such as Kevin O'Leary have come out and voiced their opinions on the merits of Bitcoin and Cryptocurrencies. Kevin O'Leary has publicly disclosed that 5% of his net worth is in Bitcoin (his net worth is in the 100s of millions). Follow the podcast on Instagram & Youtube @wealthispossible

What is cryptocurrency? What is the blockchain? What are the characteristics that makes Bitcoin so revolutionary? We answer these questions and have a detailed discussion on the fundamentals of cryptocurrency. Bitcoin isn’t just digital gold. It is more than just a store of value. Bitcoin is an asset class with a finite supply, like Real Estate. Moreover, Vino enlightens us on the various milestones Bitcoin has achieved since its inception.  Follow the show on Instagram @wealthispossible

How do you make money on NBA Top Shot? We discuss the 5 main ways to make money on the platform. NBA Top Shot is an NFT marketplace for NBA fans to buy, sell or trade NBA moments. Moments are essentially highlights of specific players and are limited to a specific serial number. NBA Top Shot moments are the modern version of collecting basketball cards. We live in an age of instant gratification and Top Shot has designed their product taking that into account. Sales on the platform can be both listed and completed within minutes. The traditional method of investing in basketball cards involves buying physical packs or individual cards from a marketplace, getting the good ones graded, and then finally re-selling for profit at some time in the future. This process could include paying for shipping costs 4 different times (for optimal profit).

Gary Vaynerchuck was one of the first big names talking about the platform. Currently, there are many celebrities on the platform who own moments, including NBA players. Since launching in fall of 2020, Top Shot has added many new features and ways to interact with the platform. We discuss the many features, including how to purchase a moment.

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