Posts

Real Estate Wholesaling Makes A 6 Figure Income
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Real Estate Wholesaling Makes A 6 Figure Income

Real estate wholesaling properties is not easy.When my clients Don Lewis & Rick Lewis told me that they were giving up focusing on being general contractors for others to develop their real estate wholesaling business, I wasn’t sure…
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Top 10 Tax Deductions as a Real Estate Investor

Can you believe it’s November already?Our team is preparing for tomorrow’s client only webinar to go through our bookkeeping procedures with clients.It got me thinking, we should reiterate with everyone what real estate investors…
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Case Study on Buying vs Leasing a Vehicle

Did you hear, Hertz ordered 100,000 Tesla Model 3 cars, despite the fact that Elon Musk, founder of Tesla, tweeted that there’s no deal?As some of you know, I have been planning to buy a Tesla at the end of my Honda Odyssey lease next…
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Fixed or Variable: if Bank of Canada Increases Rates 8x in the Next Two Years?

A couple of weeks ago, Financial Post released an article that says Scotiabank sees eight Bank of Canada interest rate hikes by end of 2023. 8 interest rate hikes!  Yikes!As a real estate investor myself, I couldn’t…
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4 Most Asked Questions About Travel Expense Answered!

This week, I'm in the wonderful city of Edmonton.In my line of work, I don't get to travel very often. We may travel to attend conferences, but rarely we need to leave the comfort of our own home to visit different cities.When I…
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How to Hire Your Children and Split Income Legitimately

It has been an exciting week here at my household.Both kids are off to school. Yep, both Robin and Bruce are officially in full-day Kindergarten.We got a letter from his school about Bruce’s class placement. He didn’t get into…
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5 Reasons Why My Airbnb Doesn’t Generate As Much Income As Others

Airbnb is a great way to earn extra money.  It has become some of my clients’ side hustle.  A few of my clients become full-time Airbnb operators.We’ve heard how great Airbnb is and I’ve seen some crazy numbers.One…
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How to Pay Zero Personal Tax and Receive $30K Income Every Year

The first time I’ve heard of Jesse Itzler was at the Grant Cardone 10x Event earlier this year.Erwin and I were so fascinated by his speech and I immediately ordered his New York Times Best Selling book, Living with a Seal and the book…
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Why Robert Kiyosaki said Everyone Needs to Know Accounting to Achieve Financial Freedom

Raptors won last night at Game 5 and I'm in a great mood today.When everyone expected them to lose, they came out with a win in an away game at Milwaukee. It's almost as if we broke the curse.They didn't start off the series right.…
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5 Factors to Decide your Real Estate Investment Strategy

Happy belated Mother's Day to all the mommies out there.We're Chinese. We celebrated with dim sum brunch with all the Moms from my side of the family, followed by a feast at my aunt's place.It was a lot of fun. Of course, the Kawhi…