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    Investing in Canadian Apartment Buildings: A Cross-Border Discussion with Matthew Ablakan

    en-usJanuary 31, 2024
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    About this Episode

    📌Check out the Millennial’s Choice show on YOUTUBE

    In this episode of the Apartment Investors Podcast, host Jonathan Twombley chats with Matthew Ablakan, a Canadian real estate professional and entrepreneur with substantial experience in apartment investing.

    Matthew offers insights into Ontario's unique pre-construction real estate market, which offers immense possibilities for longer-term investors and is protected by substantial governmental regulations.

    The guest also talks about his new venture into condo development and how his diversified company not only assists clients with real estate investment but also deals with mortgages and insurance.

    🖋️ Some key points: 

    (01:00) Matthew's Journey into Real Estate
    (03:12) Understanding Pre-Construction Real Estate
    (06:12) Matthew's First Real Estate Deal
    (12:26) Expanding the Business: Mortgages and Life Insurance
    (14:52) Navigating the Business through COVID-19
    (17:43) The Importance of Going All In and Building a Solid Reputation
    (19:09) Starting a Business and Tax Benefits
    (19:49) Challenges and Success in Establishing a Brokerage
    (20:45) The Freedom and Challenges of Entrepreneurship
    (21:34) Investment Strategy and Foreign Restrictions
    (22:53) The Cost and Tax Implications of Foreign Investment
    (24:10) The Hustle: From Childhood to Entrepreneurship
    (27:31) Venturing into Condo Development
    (32:55) The Power of Podcasting and Networking
    (37:07) Final Thoughts and Contact Information

    đź“‘More about Matthew Ablakan

    Matthew Ablakan's journey began at a very young age where trading Pokémon cards began to teach him a variety of skills such as how to Negotiate and the importance of Demand and Supply. As he entered High School, Matthew began to sell Jansport Backpacks, Hair Straighteners and Dog-Tags to his peers. He began to dabble into Mutual Funds on a small scale and began learning more about Investing. Upon entering University, Matthew worked part-time jobs as a cook, waiter and manager of a couple of restaurants in order to help pay for his tuition. Chuck E Cheese, Johnny Rockets and Lucky Strikes taught Matthew many valuable lessons in communication, hard-work, honesty and transparency. It was in those early years that Matthew began to learn more about Real Estate and Invested in his first Pre-Construction Condo at the age of 19 with zero help from his immigrant parents, using a flexible deposit payment plan and part of his student loan.

    Matthew is the Founder & Owner of the Millennial’s Choice Group of Companies; a Real Estate, Mortgages, Insurance and Education brand. To better benefit his clients, Matthew has earned numerous degrees including, a Bachelors in Education, a Honourary Degree in Law & Society, a Real Estate Brokers License, a Mortgage Brokers License, & a Life Insurance Agent License. Education & Financial Literacy are important facets to the success of Millennial’s Choice. Matthew’s track record exudes his professionalism, experience, & most important, his persistent care for each and every one of his clients.

    🌎Reach out to Matthew Ablakan

    Instagram
    Personal Website
    LinkedIn
    Millennial’s Choice

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

    Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

    Hotel Conversions To Multi Family Housing With David Peters

    🎤 Podcast post-production EZPZ Podcasting


     

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    🌎Reach out to Anthony Walker
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    Cornerstone Commercial Investments https://cornerstonecommercialinvestments.com/
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    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

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    đź“‘More about levi Allen

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    🌎Reach out to Levi Allen

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    đź“‘More about Brad Hargreaves

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    🌎Reach out to Brad Hargreaves

    LinkedIN
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    Twitter/X


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    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

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    (22:45) The Future: Scaling Up and Transitioning to Full-Time Real Estate
    (30:37) Final Thoughts and Contact Information

    đź“‘More about Jeff Anzalone

    Dr. Jeff Anzalone is the founder of DebtFreeDr.com

    Like most people, Dr. Jeff dealt with many failures and setbacks along his path to success. Only two weeks before completing his surgical, and dental residency, his plans fell through to join a group practice that he was relying on to teach him how to run a business.

    This left him with no job, an interest-only mortgage, a two-month-old, and nearly $300,000 in student loan debt.

    After becoming debt-free, he shifted his focus to acquiring passive income streams using real estate as he realized that his practice income was their only income.

    He now uses his blog, DebtFreeDr.com, to educate doctors and other high-income professionals on how to invest passively in real estate so that they can stop trading their time for money.

    🌎Reach out to Jeff Anzalone

    Debt Free Dr
    LinkedIn
    Instagram

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

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    (42:41) Resources and Contact Information

    đź“‘More about Matt Picheny

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    🌎Reach out to Matt Picheny

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    LinkedIn https://www.linkedin.com/in/picheny
    Instagram https://www.instagram.com/mattpicheny/
    Matt’s hit book “Backstage Guide to Real Estate”
    https://www.amazon.com/Backstage-Guide-Real-Estate-Positive/dp/1737538407

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

    Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

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    Apartment Investor's Club Podcast
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    Investing in Canadian Apartment Buildings: A Cross-Border Discussion with Matthew Ablakan

    Investing in Canadian Apartment Buildings: A Cross-Border Discussion with Matthew Ablakan

    📌Check out the Millennial’s Choice show on YOUTUBE

    In this episode of the Apartment Investors Podcast, host Jonathan Twombley chats with Matthew Ablakan, a Canadian real estate professional and entrepreneur with substantial experience in apartment investing.

    Matthew offers insights into Ontario's unique pre-construction real estate market, which offers immense possibilities for longer-term investors and is protected by substantial governmental regulations.

    The guest also talks about his new venture into condo development and how his diversified company not only assists clients with real estate investment but also deals with mortgages and insurance.

    🖋️ Some key points: 

    (01:00) Matthew's Journey into Real Estate
    (03:12) Understanding Pre-Construction Real Estate
    (06:12) Matthew's First Real Estate Deal
    (12:26) Expanding the Business: Mortgages and Life Insurance
    (14:52) Navigating the Business through COVID-19
    (17:43) The Importance of Going All In and Building a Solid Reputation
    (19:09) Starting a Business and Tax Benefits
    (19:49) Challenges and Success in Establishing a Brokerage
    (20:45) The Freedom and Challenges of Entrepreneurship
    (21:34) Investment Strategy and Foreign Restrictions
    (22:53) The Cost and Tax Implications of Foreign Investment
    (24:10) The Hustle: From Childhood to Entrepreneurship
    (27:31) Venturing into Condo Development
    (32:55) The Power of Podcasting and Networking
    (37:07) Final Thoughts and Contact Information

    đź“‘More about Matthew Ablakan

    Matthew Ablakan's journey began at a very young age where trading Pokémon cards began to teach him a variety of skills such as how to Negotiate and the importance of Demand and Supply. As he entered High School, Matthew began to sell Jansport Backpacks, Hair Straighteners and Dog-Tags to his peers. He began to dabble into Mutual Funds on a small scale and began learning more about Investing. Upon entering University, Matthew worked part-time jobs as a cook, waiter and manager of a couple of restaurants in order to help pay for his tuition. Chuck E Cheese, Johnny Rockets and Lucky Strikes taught Matthew many valuable lessons in communication, hard-work, honesty and transparency. It was in those early years that Matthew began to learn more about Real Estate and Invested in his first Pre-Construction Condo at the age of 19 with zero help from his immigrant parents, using a flexible deposit payment plan and part of his student loan.

    Matthew is the Founder & Owner of the Millennial’s Choice Group of Companies; a Real Estate, Mortgages, Insurance and Education brand. To better benefit his clients, Matthew has earned numerous degrees including, a Bachelors in Education, a Honourary Degree in Law & Society, a Real Estate Brokers License, a Mortgage Brokers License, & a Life Insurance Agent License. Education & Financial Literacy are important facets to the success of Millennial’s Choice. Matthew’s track record exudes his professionalism, experience, & most important, his persistent care for each and every one of his clients.

    🌎Reach out to Matthew Ablakan

    Instagram
    Personal Website
    LinkedIn
    Millennial’s Choice

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

    Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

    Hotel Conversions To Multi Family Housing With David Peters

    🎤 Podcast post-production EZPZ Podcasting


     

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    He further discusses a tax exemption strategy involving a public-private partnership with municipalities, providing affordable housing. Towards the end, he talks about attracting high net worth individuals, entrepreneurs, and other professionals as investors.

    🖋️ Some key points:

    (00:28) Guest Introduction: Mark Khuri, Multifamily Investor Fund Manager
    (00:53) Mark's Current Business Overview and Investment Opportunities
    (01:43) Transition from Operating Assets to Partnering with Operators
    (03:26) Diversification Strategy and Investment Model
    (04:25) Asset Selection and Decision Making Process
    (08:43) Investment in Tax Exempt Apartments
    (14:50) Investor Profile and Value Proposition
    (17:22) Fund Structure and Investment Strategy
    (29:14) Marketing Strategy and Investor Acquisition
    (30:08) Future Plans for SMK Capital Management
    (32:12) Conclusion and Contact Information

    đź“‘More about Mark Khuri

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    🌎Reach out to Mark Khuri

    LinkedIN
    SMK Capital Management
    Email: info@smkcap.com

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

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    đź“Ś7 Red Flags In Passive Real Estate Investing Course

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    Taylor explains how broker dealers connect operators and investors, helping raise equity for property transactions while ensuring compliance with security regulations.

    Taylor highlights the diligence in practice, the requirements for becoming a licensed broker dealer rep, and the potential challenges in the current real estate investment market. He also shares insights about his personal journey into real estate investment and his expectations for the future.

    🖋️ Some key points: 

    (00:28) Understanding the Role of a Broker Dealer Rep
    (00:49) The Importance of Licensing in Syndications
    (05:07) The Process of Getting Licensed
    (06:15) The Role of a Broker Dealer in Transactions
    (09:09) The Challenges of Raising Capital
    (16:26) The Journey into Real Estate Investing
    (20:33) The Current State of the Capital Market
    (28:06) The Evolution of the Broker Dealer Business
    (36:29) Conclusion and Contact Information

    đź“‘More about Taylor Loht

    Taylor is a multifamily and self-storage investor who has acquired, partnered on, or had a hand in $250 million in CRE acquisitions. He hosts The Passive Wealth Strategy Show, a podcast focused on building passive wealth with real estate without buying yourself another job.

    Taylor employs syndication models to raise investor capital for strategic property acquisitions. His approach emphasizes value-added strategies to boost net operating income and property value. Taylor’s insights highlight market selection, the importance of a well-executed business plan, and considerations of interest rate trends. Through his podcast and expertise, he offers valuable guidance to real estate investors of all levels.

    🌎Reach out toTaylor Loht

    Invest With Taylor
    Check out 7 Red Flags In Real Estate Investing free course

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

    Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

    Hotel Conversions To Multi Family Housing With David Peters

    🎤 Podcast post-production EZPZ Podcasting


     

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    From Broke to 4 Businesses in 2 Years: Seller Financing, Heavy Value Adds & other Strategies w/ Christian Osgood

    đź“ŚChristian Osgood, an accomplished real estate entrepreneur, provides a unique perspective on achieving financial freedom through real estate. His experience of transitioning from a full-time W-2 job to establishing four successful companies in just two and a half years offers valuable insights into the mindset and strategies required for long-term success in the real estate industry. With a focus on mindset shifts, seizing opportunities, and the impact of key partnerships, Christian's journey serves as an instructive example for real estate investors seeking to unlock their potential in the marke

    Visit the YouTube channel Cody and Christian Multifamily Strategy to learn more about property management, resort multifamily, and other related topics.

    🖋️ Some key points: 

    (08:39) - The Financial Independence Wake-up Call
    (10:53) - Meeting the Partner and Learning from Others
    (11:42) - Evolution of Real Estate Business
    (13:35) - Valuable Takeaways in Meetings
    (14:29) - Seller Financing Strategies
    (17:03) - Identifying Opportunities for Seller Financing
    (19:19) - Overcoming Money Problems in Real Estate Deals
    (23:39) - Learning from Mistakes and Creating Value
    (24:09) - The Importance of Mentors
    (25:32) - Key Principles for Long-Term Success
    (28:21) - Heavy Value Add and Business Expansion
    (34:29) - Seller Financing Strategies
    (36:23) - Revitalizing Properties in Small Towns
    (37:52) - Impact on the Community
    (39:56) - Converting Motels into Housing
    (41:24) - A Unique Eviction Situation
    (42:53) - Connecting with Christian

    đź“‘More about Christian Osgood

    Chriastian has 200 multifamily rental units and is the CEO of Kensho Property Management, owns the robin hood village resort, and is co-founder of Mumtifamilystrategy.com. He worked an 8 year career to save ip for his house and 2 duplexes. When he ran out of money Christian turned to creative finance and in 20 years amassed over 200 multifamily rentals. Christian now now dedicates his time to renovating buildings in underserved communities and teaching others how to use the same strategies we used along the way.

    🌎Reach out to Christian Osgood

    Instagram
    LinkedIn
    Multifamilystrategy.com
    Multifamily Strategy on YouTube

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

    Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

    Hotel Conversions To Multi Family Housing With David Peters

    🎤 Podcast post-production EZPZ Podcasting

    Doctor Turned Dealmaker: Using Relationships to Break into Multifamily Real Estate w/ Alex Tam

    Doctor Turned Dealmaker: Using Relationships to Break into Multifamily Real Estate w/ Alex Tam

    đź“ŚDr. Alex Tam, a successful chiropractor and real estate investor, joins Jonathan Twombly on the show. Dr. Tam has raised millions of dollars from fellow chiropractors and business owners to build his real estate empire. His expertise lies in helping doctors venture into multifamily deals, aiming to establish financial freedom through passive income. With a thriving chiropractic practice and a growing real estate portfolio, Dr. Tam's journey from medical school to entrepreneurship is an inspiring example of determination and strategic financial planning.

    🖋️ Some key points: 

    (01:29) - Balancing Chiropractic Practice and Real Estate Investments
    (11:17) - Scaling the Chiropractic Practice
    (13:40)  - Challenges in the Medical Practice
    (14:22)  - Transition to Real Estate
    (15:33)  - Building Relationships in Real Estate
    (17:58)  - Raising Money and Marketing
    (26:07)  - Integrating Medical and Real Estate Businesses
    (27:47)  - Daily Operations and Mistakes Made
    (31:33)  - Geographical Focus and Operator Trust
    (32:54)  - Real Estate Investment Advice
    (34:27)  - Long-term Investment and Contact Information

    đź“‘More about Alex Tam

    Entrepreneur, Real Estate Investor, Husband, Father, Doctor of Chiropractic, and Clinical Director of Integrative Medical Practice with over 15 years of experience. 

    Alex built his career as a chiropractor and then as clinical director at a successful Integrative medicine clinic and gone on to author a book “The Truth About Chronic Pain” and has helped many with whom mainstream medicine has failed. As much as he loved his job, it took much time away from his family and he began feeling like he was trapped in his job working over 60 hours a week and feeling like he is just barely treading water. 

    The quest for more time and freedom led him to real estate investing and learning how to work more efficiently through delegation. He is now dedicating time to helping entrepreneurs, especially doctors and small business owners like himself, learn how to grow their business and wisely invest their earnings to build generation wealth for their families. 

    🌎Reach out to Alex Tam

    LinkedIN
    Website
    Phone 775-717-0090

    🌎Reach out to Jonathan Twombly
    LinkedIn: https://www.linkedin.com/in/jonathandtwombly

    Loved this episode? Leave us a review and rating on Apple podcasts by clicking here.

    🔅 Previous Episodes on Apartment Investor’s Club

    Going From Working In Hospitality To Multifamily Investing & Hotel Conversions With Charlie Rushton

    Hotel Conversions To Multi Family Housing With David Peters

    🎤 Podcast post-production EZPZ Podcasting

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