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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