Nov 3, 2022
Pierre-Paul is an apartment building investor in Edmonton, Alberta. He’s a former CMHC multi-family underwriter and a full time multi-family investor with a portfolio of 160 doors valued in excess of $22M. He has analyzed hundreds of apartment deals in three provinces and three territories. He’s also a speaker speaker and trainer on the subject of multi-family investing. On this episode, we discuss:
Why he’s increasing rents for the first time in 6 years
How inflation has impacted oil and gas and the Alberta real estate market
Cap rates, price per door for apartment buildings in Edmonton and Calgary
4 key risk factors during an acquisition
Why evictions are easier in Alberta
Potential risk of rent control based on the election
You can find out about Pierre-Paul’s workshop by visiting: https://www.multifamilyinvestingcanada.com/mfib-live-workshop-and-online-EB
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