The Truth About Real Estate Investing... for Canadians
About This Show
For Canadians by Canadians sharing the truths about generating wealth through real estate investing. This show is about getting rich slowly, investing is a marathon, no get rich quick methods will be discussed here hosted by award winning investor and Realtor Erwin Szeto aka Mr. Hamilton.
Most Recent Episode
How to Develop Land w/ Charles Wah
Charles Wah was born and raised in Hamilton where he invests in many forms of real estate, from rent to own, long term hold, a commercial building and for the topic of today’s discussion, land development where they have two proposed developments for a total of 150 townhouses. Charles is a full time entrepreneur and co-founder of the Gateway Group, his real estate and development company. Charles was a finalist for Canadian Real Estate Wealth Magazine’s newcomer of the year, he is a proud member of the Real Estate Investment Network, a Rock Star VIP member, Hamilton-Halton Builders’ Association, and Hamilton Chamber of Commerce. Charles is always looking to connect with like-minded entrepreneurs to network and raise each other up. In his personal life, Charles is a sports fanatic, especially soccer, we’re actually attending Major League Soccer’s Eastern Conference Final tonight cheer on the Toronto Football Club and depending on when you’re listening to this, hopefully we won J. So without further ado, I give you Land Developer Charles Wah In this episode we discuss: The family real estate business Why Canada over Malaysia, I heard the beaches there are lovely The decision to go full time real estate entrepreneur Feedback on the different networks he belongs to: REIN, Rock Star, etc… Why focus on land development? Financing land acquisition What’s a vendor take back mortgage? Starting out Target return on investment Stage of land development What to look for in a parcel of land Location (transit, infrastructure, schools, shopping, other amenities, is the surrounding area mature or being developed?, etc) Is the surrounding area mature or being developed? Are there subdivisions in the area? If so, are they single family houses, townhouses, etc? Sources of noise (commercial, industrial, road, highway, etc Access to a highway Lot size and layout (square, rectangle, pie shape, irregular, etc) Lot grading (flat, sloped, etc) including any topographical constraints (e.g. steep slopes) Zoning Designation under the municipality's Official Plan (may differ from zoning) What density is allowed in the current zoning and designation? What is the existing density in the surrounding area? Does your proposal fit the character of the