Jan 31, 2024
📌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
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🔅 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