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Today, we're honored to interview Erwin Szeto, a renowned figure in the realm of real estate investing and the host behind The Truth About Real Estate Investing Podcast. In this episode, Erwin shares his extensive real estate investing experience, the evolution of his investing strategies, and his current views on the market. Erwin’s journey into real estate investing began with inspiration from "Rich Dad Poor Dad" and evolved through overcoming the challenges of investing during a recession with student debt. He, alongside his ex-father-in-law, embraced the BRRRR method, undertaking significant renovations to transform old properties into profitable investments.

Episode Highlights:

- Surpassing the Stock Market Crash: Despite losses in the stock market during the financial crisis, Erwin’s rental properties flourished, demonstrating the resilience of real estate investments during economic downturns. This pivotal moment led him to engage more profoundly with real estate investment networks and adopt a more business-oriented approach to his ventures.
- Challenges in the Canadian Market: Erwin discusses the difficulties posed by Ontario's tenant-friendly rental laws, which have prompted him to explore more landlord-friendly markets in the United States. Despite the profitability of student housing investments, he cautions about the high turnover rates and the need for diligent management.
- The Shift to Short-Term Rentals and Beyond Ontario: With long-term residential rentals becoming less attractive due to regulations, many investors are pivoting towards short-term rentals or exploring markets outside Ontario. Erwin underscores the importance of market assessment and adaptability for investors seeking growth.
- Investing in the United States: Highlighting the opportunities of the American real estate market.
- Advice for Aspiring Investors: Erwin stresses the importance of cash flow in weathering market downturns and advises against being swayed by unsound investment propositions, emphasizing the lessons learned from less successful ventures in Northern Ontario.
- & more!

Contact Information
Instagram: https://www.instagram.com/erwinszeto/

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Disclaimer: The views and advice expressed on this podcast are those of the participants and do not necessarily reflect the opinions or beliefs of the podcast host or affiliated parties. The content is for entertainment purposes only and should not be considered as professional financial, legal, or investment advice. Listeners are encouraged to conduct their own research and consult with qualified professionals before making any fi