How Bill 23 Changes EVERYTHING For Developers in Ontario

Hi Darren, not sure if you remember me but I commented on lots of your videos a couple years ago. I am 23, currently living at home in Ontario but my goal is to build a million-dollar real estate corporation to support my family. I am a top student about to enter my fourth year of an honours accounting degree, and I'll graduate next winter. I've done a coop at a trucking company working with the controller and CFO and am thinking that the 9-5 lifestyle is not for me. I also have a 2-year diploma in electrical (residential, commercial, and industrial wiring). Did four months on a high rise as an electrician pre-apprentice before deciding to head back to university for business. I am thinking of house-hacking to get started, but currently don't have a steady income as I am a full-time student. Any suggestions on how to progress? Should I find a full-time job first? Would you suggest moving to Edmonton where real estate is more affordable? Thanks in advance!

Getting a head start by beginning early is the most effective way to build wealth, with investment taking precedence. I've learned from last year's experience that starting early allowed me to create a better life through early investments this time around.

Thanks for speaking honestly about the real estate situation. The industry has driven home prices too high for most families. The solution is for prices to align with family budgets, even if it means a market correction. The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on the govt.

Hi, didn't know it, thank you for your time & explanation, always something to learn :) have as good one!

You said all lots in Ontario, but I believe it's all serviced lots, with sewer and water 💦