Multi-family properties are in a sky-rocket right now. With the potential financial benefits that come along with it, there’s no doubt that real estate investors are getting their hands on these types of property to build more cash flow.
In addition, its flexibility allows you to expand your growing real estate investment portfolio. However, with every business opportunity comes a tied-up risk. But don’t worry, this episode got you covered, so be ready to go ALL OUT.
Pierre-Paul Turgeon is here with us today to help us better understand how one can make a leap and transition from single-family to multi-family properties.
He will also walk us through the advantages and disadvantages of it. As well as, teaches us how his framework called the MOSES plan, would be of use as we analyze and mitigate risks about investing in multi-family properties.
In this session, we dove headfirst into the complex topics of:
- How can you raise capital from single-family to multi-family estate
- When did Pierre-Paul take the big step of becoming a real estate investor
- The art and science of raising money
- Importance of selecting your partners carefully
- The Four Rental Risk Factors Framework
- Market Risk: What kind of market are you investing in
- Price Valuation Risk: How much are you paying for the property
- Investor Risk: How do you need to convince people to assess risk factors and mitigate them fully
- It would help if you started with yourself first and then served others along the way
- The MOSES plan framework
- Don’t “over-leverage” your financing
And so much more.
Pierre-Paul Turgeon is the President of Matterhorn Real Estate Investment. As a former CMHC underwriter, he has analyzed hundreds of apartment deals. Paul has shared a great piece of unparalleled knowledge regarding multi-family residential real estate investment.
Podcast
Enjoy this episode…
Part 1
Part 2
YouTube Video
š Resources & Links Mentioned in Episode:
Russell Westcott on YoutubeĀ >> HERE
āāSign up for a free consultation with Russell >> HERE
The Gap and the Gain: The High Achieverās Guide to Happiness, Confidence and SuccessĀ >> HERE
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James ClearĀ >> HERE
StreaksĀ >> HERE
Pierre-Paul Turgeonās LinkedInĀ >> HERE
Canada Mortgage and Housing CorporationĀ >> HERE
Matterhorn Real Estate Investments LtdĀ >> HERE
āļø Support The Channel:
This Podcast Runs On Coffee… The team drinks lots of coffee āļø š. Ā If you received some value from this or any of the episode, consider buying the team a cup of coffee. >>HERE
Russell Westcott
#Inspire # Encourage #Love
Catch up on all the episodes:
To subscribe, and leave a review use the links below, or search on your favourite Podcast providers:
Apple Podcasts >> HERE
Google Podcasts >> HERE
Spotify >>HERE
Coaching & Mentoring
Are you interested in becoming an Elite Real Estate Investor?
What stops people from Real Estate investing success is; fear, lack of motivation and not knowing what to do next. A detailed roadmap and a proven system is critical to overcoming all obstacles you will face in the rapidly changing world of Real Estate investing.
Whether itās business, sales, sports, or Real Estate Investing the fine line between the top performers and everyone else typically comes down to one thing: access to the best coaches and mentors who provide you invaluable guidance, wisdom and support.
