In today’s solo episode, Axel talks about a deal from acquisition to disposition. This deal is about a property discussed in previous episodes: a fiveplex in the neighborhood of Notre-Dame-de-Grâce.

A real estate deal is generally a long and stressful exercise that involves many steps, procedural formalities, and effort. But you should never forget that the whole point of all of this is to make money, renovate old buildings, and put good supply on the market. Now is a crucial moment for housing and improving quality.

Axel talks about how they found the property, its location, financing, closing, and adding more value for optimization. He also discusses why they decided to sell this property, their selling approach, the negotiation process with the buyer, and closing the deal.

Learn about why it is so important to do due diligence during the acquisition of a property, the whole selling process, and why you should have multiple exit strategies.

 

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