May 6, 2021
Michael Ponte from Prosperity Real Estate Investments Ltd is an active residential & multi-family investor with over 20 years of experience. His portfolio includes over $30 Million dollars of real estate. Michael is investing across Canada in markets like Edmonton, Halifax, New Brunswick, Calgary and more. On this episode, we discuss:
Buying his first multi-unit in 2010
Michael’s strict criteria when searching for buildings in other markets
Always having an exit strategy prior to purchasing
How to manage properties in other markets
The importance of having a local team
Priorities and action steps when acquiring a building to increase NOI
You can reach out to Michael by visiting http://prosperityinvestments.ca/
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https://www.youtube.com/channel/UCPf_0bbU8wlyX3Frv3kZ30w
https://open.spotify.com/show/75VUdhbkGSz5eG8jZuee98
https://podcasts.apple.com/ca/podcast/well-off-podcast/id1393401261