Summary
Full Transcript
This episode is packed with gold for real estate investors—whether you're just getting started or already have a portfolio. I sat down with Pierre Paul Turgeon, who shared hard truths about Toronto’s real estate market, the risks of private lending, and the opportunities waiting for Canadians in the U.S. real estate game. We also talk about navigating the housing crisis, lessons from failed projects, and why multifamily properties are the way to go for serious investors. Pierre brings decades of experience in mortgage default consulting, and you’ll love his no-nonsense advice on avoiding the pitfalls and building wealth the right way. Grab a coffee (or your favorite drink), and let’s dive in! To connect with Pierre Paul, email him at [email protected] or check out his website www.multifamilyinvestingcanada.com where he offers free resources and a paid, in depth detailed courses on apartment building investing. PS. If you’re serious about leveling up your investing game, don’t forget to check out my FREE hybrid training on U.S. real estate investing—Thursday, November 28th at 8 PM EST. Let’s build wealth together! 👊Sign up here: https://us02web.zoom.us/webinar/register/2317310772130/WN_j4OuuUQ_Rj2d4KNd5m00vw 👉TIMESTAMPS: 00:00 Intro 02:10 Troubled Projects 06:27 Old Homes, New Problems 08:34 Opportunities in the U.S. 14:57 Legacy Planning 19:02 Pierre Paul’s Career in Defaults 20:54 Northern Real Estate Success 26:10 Boosting Property Values . 31:33 Housing Crisis 35:11 Canada’s Multifamily Market 42:32 Creating Wealth with Financing 58:30 Collaboration with Builders 1:02:01 Construction Quality Matters 1:03:43 Government & Builder Accountability 1:07:24 Urban Planning Failures 1:18:35 Multifamily Financing Options 1:20:22 Underwriting in Multifamily Deals 1:23:57 Building Lender Relationships _____________________________________ This podcast episode is also available on: 👉On iTunes: https://itunes.apple.com/ca/podcast/truth-about-real-estate-investing…/id1100488294 👉On Spotify: https://open.spotify.com/show/6Z8yd37AQfQI5DK0J0Xwzz 👉Amazon Music: https://music.amazon.ca/podcasts/40fe627d-dec7-4f5d-b7e5-90a550fffe46/the-truth-about-real-estate-investing-for-canadians 👉Audible:https://www.audible.ca/podcast/The-Truth-About-Real-Estate-Investing-for-Canadians/B08JJS91WR _____________________________________ 👉 WATCH NEXT: ▶️How a 33 y/o Mechanic from Montreal executed a BRRRR in Memphis, TN: https://youtu.be/Yq78oEIcwUM ▶️From Medicine to Multimillion-Dollar Real Estate in Health & Senior Care: https://youtu.be/UL8MyH3f0dc ▶️Why a Top Business/Stock Valuator Is Investing in Real Estate: https://youtu.be/hhIfoq8yeaE ▶️The Slow and Steady Road to Financial Freedom: https://youtu.be/Y701RAzggWo ▶️50+ Short Term Rentals in U.S. & Canada: https://youtu.be/GDXsK-xmQjQ ▶️Building Systems, Packing Up, Moving from BC To Ohio: https://youtu.be/xgfrIuBXmIA _____________________________________ 👉 WANT TO BUILD WEALTH WITH REAL ESTATE? If you’re interested in being a successful real estate investor like those who have been featured on this podcast and our hundreds of successful clients, please let us know. New investor or seasoned veteran investor, we can help anyone by providing our award-winning coaching services, and this isn’t all talk. Only work with the best is what my father always taught me. If you’re interested, drop us an email at [email protected]. I hope to meet you at one of our meetups soon. _____________________________________ 👉 SIGN UP TO FOR THE IWIN REAL ESTATE NEWSLETTER AND GET PODCAST EPISODES SENT TO YOUR INBOX: https://www.infinitywealth.ca/newsletter-yto _____________________________________ 👉CHECK OUT MY LATEST GUIDE ON THE BEST CITIES TO INVEST IN THE USA https://www.infinitywealth.ca/usreport-ig ____________________________________ 👉 FIND ME ON SOCIAL MEDIA: Facebook: https://www.facebook.com/erwin.szeto Instagram: https://www.instagram.com/erwinszeto/ _____________________________________ #truthaboutrealestateinvesting #RealEstateInvesting #canada #usrealestate #realestate #financialcrisis #erwinszeto #erwinszetopodcast #InvestingTips #ontario #CanadianInvestors #FinancialFreedom #RealEstateEducation #passiveincome #trump #PrivateLending #TorontoRealEstate
