Canadian Wealth Secrets
Kyle Pearce, Jon Orr
Are you wondering whether your financial plan is going to lead to that wealthy Canadian lifestyle you envision for your future?Over the last 5 years, former mathematics teachers and serial entrepreneurs Kyle Pearce and Jon Orr have been implementing alternative wealth building and income tax strategies that have allowed them to transition from high net income to high net worth.Now, they seek to share these Canadian Wealth Secrets to empower the creation of a financial future that allows you to live a truly wealthy life; a life on your own terms.Canadian Wealth Secrets is a show focused on growing wealth to strengthen all five (5) pillars of a good life including health, family, finances, work, and play. We seek to ensure that you have a foundational financial plan in your life including Canadian investment, tax, and insurance strategies so that you can focus more of your time and attention on the other important pillars of life. Tune in every Wednesday as we uncover unknown strategies that allow you to protect your profits from income taxes, safely compound your investments more predictably, and help you take your high net income and create a wealthy lifestyle while creating a legacy that lasts. Before you can start on your own unique wealth building journey, you have to determine what a wealthy life looks like for you. Get started by listening to Episode #38: Clarifying Your Life’s Why So You Can Achieve Your Dream Lifestyle.Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance. We choose not to become Authorized Infinite Banking Practictioners because we only apply the most effective uses of Participating Whole Life Insurance as a leverage tool for accumulating assets and minimizing personal income taxes - not for personal expenses.Canadian Wealth Secrets Podcast Was Formerly Invested Teacher Podcast.
Episodes
Mentioned books
Mar 29, 2023 • 38min
No Flipping Way! - The Case Against Flipping in Real Estate
While flipping is one of the most popularized and commonly discussed real estate investing strategies, it’s one that we actively avoid. In this episode, we share our experiences with past flips and some of the challenges and complications that make them one of our least preferred strategies. We’ll discuss the flipping variables to be aware of and if you are pursuing this strategy, what you can do to help ensure your success.What you’ll learn: Why the unexpected or expected variables in flipping are not worth your trouble; Where can I earn a better return on my investment than real estate flipping? Why you should consider the Iron Triangle when making decisions; and,Why we think rental real estate is OUR bread and butter investment strategy.Resources: Property Analyzer SpreadsheetRetirement Planning SpreadsheetDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Mar 22, 2023 • 52min
Crunching The Numbers For Retirement: How Much Do I Need To Retire?
Now that we’ve taken some time in the last episode to discuss what your retirement is going to look like and even gave you some homework for what you might want to think about as you look down the road, we will dive deeper down the retirement rabbithole to crunch some numbers for retirement.Stick around as Jon and Kyle geek out on the numbers when they jump into a spreadsheet and play with the magic of compound interest and the silver bullets of real estate for those who have defined pension plans all the way to those who are left to plan it all on their own. Don’t worry, Matt wasn’t hurt in this episode.What you’ll learn: How much money do I need to retire at 55? …at 65? Am I on track to have enough money to retire and feel financially free? What strategies can help me grow my planned retirement amounts to live the lifestyle of my dreams?Tax benefits of borrowing against your rental property to defer capital gains taxes; and, Should I invest in real estate or invest in the stock market when it comes to growing my retirement nest egg?Resources: Retirement Planning SpreadsheetDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Mar 15, 2023 • 41min
What’s Your Retirement Going to Look Like?
In this episode Jon, Matt, and Kyle discuss various retirement projections and scenarios for people who have defined benefit pension plans, with set retirement dates and incomes. They discuss some prompts for deeper thinking around what retirement might look like; how much money people might expect to have in retirement, and whether it will be enough to support their projected lifestyle in retirement, as well as discuss how some investment ideas might enhance one’s financial outlook in retirement.What you’ll learn: How to do some deeper thinking to envision what retirement might look like for you and your family;Financial projections for what retirement might look like for people with defined benefit pension plans vs. those who are left to fend for themselves;How much retirement savings you might realistically need in retirement to support your projected lifestyle and financial needs; and,Potential ideas to enhance your income in retirement through investing.Resources: Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistDie With Zero [Book]Interested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Mar 8, 2023 • 54min
Who Should Be On Your Team? Hurdles to Buying Real Estate Investment Property - Part 4
A common barrier that prevents investors from getting into real estate is thinking that they have to do everything themselves. If you think you have to find the right property, find the right financial backing, manage the books, and answer those midnight calls to fix that broken water heater then you’re thinking about this the wrong way. Listen in as we outline who to arrange on your real estate investment team so you can build your wealth as passively as you can. What you’ll learn: Why having a power team of experts to support your investing can help avoid potential problems and ensure your success;What categories of power team members to seek out and what their specific roles are; What questions to ask potential Realtors, Lawyers, Accountants and Property Managers to ensure they are a good fit for your team; and,How to prepare an info package that will help you talk with potential lenders. Resources: Grasshopper - Virtual Phone System [Promo Code Coming Soon]Partner with Invested TeacherDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistTop Dividend AristocratsInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Mar 1, 2023 • 57min
How To Analyze A Deal with Technicals: Hurdles To Real Estate Investing - Part 3
Choosing the right deal for buying an investment property can be a major hurdle for new and experienced investors, but it doesn't have to be. How do you analyze a property by the numbers so you can feel confident to either move forward or toss the deal away and move on to the next one? In today’s episode, we’ll continue our Hurdles to Real Estate Investing series by digging into Kyle’s favourite part of the rental property analysis process: the technicals!What you’ll learn: How to determine if a deal is worth it when looking at the numbers including cash on cash return, return on investment (ROI), capitalization rate (Cap Rate) and more;Questions you should be asking selling agents of investment properties;What expenses that listing agents often leave out;Why you should look at the “3 Silver Bullets” when analyzing a deal; and,Why a deal isn’t dead just because the numbers don’t seem to be making sense.Resources: Invested Teacher Property Analyzer SpreadsheetZumper.comEnter the Invested Teacher GiveawayDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Feb 22, 2023 • 49min
Fundamentals To Finding The Right Deal - Hurdles To Real Estate Investment - Part 2
Let’s continue the conversation around the barriers to investing in real estate. After the last episode where we explored an overview of some hurdles including financial and financing considerations, we take a deep dive into the fundamentals that we explore when searching for new properties to add to our real estate portfolio. Turn up the volume and toss that phone in your pocket, because we are going to dig in and clear up some common barriers related to real estate fundamentals.What you’ll learn: Where you should be looking for rental properties; How to decide what type of property is right for you;What kind of neighbourhood should I be looking in to maximize my investment;Why we need to know about the 0.1% rule; and, Is it better if the property already has tenants or is vacant?Resources: Realtor.ca https://investedteacher.com/listingsScreen Your Tenants with Front Lobby Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Feb 15, 2023 • 40min
Hurdles to Buying Real Estate Investment Property - Part 1
Let’s discuss the barriers to investing in real estate. All three of the hosts spent years thinking about, planning, and learning about real estate investing ever before they took the plunge. What were the barriers that prevented them from starting earlier? What barriers may you be facing that have halted your action to start down this pathway to your financial future. Let’s dig in and clear up some common barriers to investing in real estate. What you’ll learn: How I can get over analysis paralysis and get started; How should I partner with when starting my investment journey; How to create the time needed to dedicate to building your wealth; and, Will I get approval for a mortgage so I can buy an investment property?Resources: Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistTop Dividend AristocratsInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Feb 8, 2023 • 50min
Helping Kids With Financial Literacy
In this episode Jon, Matt, and Kyle help you help your kids think about, earn, and use money that will put them on a pathway to build their own wealth. Let’s unpack common mindsets about earning and spending money, practical systems to help your kids understand the power of compound interest through routine activities, and what lessons can be helpful to emerge the big ideas around what Einstein refers to as “The 8th Wonder of the World.”What you’ll learn: How to help your kids think about money and their financial future; Why teaching kids about compound interest early in their life can have profound effects on their financial futures; and, How to help kids view earning and spending money through an opportunity cost lens. Resources: You’re A Badass At Making Money [Book]Wheat and Chessboard ProblemPenny a Day Problem Based Math LessonDownload our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Feb 1, 2023 • 45min
Stocks, Side-Hustle, or Real-Estate?
In this episode Jon, Matt, and Kyle discuss the similarities and differences to investing in three common asset classes. While on the surface stock investing, owning-operating a business, and real-estate investing seem quite different, under the hood they all share similar benefits that can help you work towards building your wealth. What you’ll learn: How earning a stock dividend is similar to earning cash flow on a real-estate property; How to start a side-hustle and how you can use your new business to build your wealth faster; and, What tax advantages you can use when you own your own corporation. Resources: Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistTop Dividend AristocratsInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
Jan 25, 2023 • 51min
The Three Silver Bullets of Real Estate Investing
Why do we choose real estate as our primary go-to investment source? How does real estate grow your wealth in three ways while other types of investments only grow in at most two ways? In this episode we highlight why appreciation is not the goal of the investment but the cherry on top! Stick around and we’ll convince you why real estate should be in your investment portfolio regardless of risk profile. What you’ll learn: How you can get started with real estate investing; Why real estate appreciation is not the only benefit of real estate investing; and, How to own a real estate investment property for free.Resources: Download our Wealth Building BlueprintThe Invested Teacher Wealth Building BooklistInterested in Partnership Opportunities?For those interested in potential Joint Venture (JV) Partnerships, reach out to us here.Ready to connect? Text us your comment including your phone number for a response!Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.
