What if the most expensive mistake in real estate wasn’t the deal you lost—but the one you closed too quickly?

 

In this episode, I dive into the due diligence process and why it’s the single most important step before committing to any investment. We unpack the financial, legal, physical, and market checks that protect you from surprises, and how overlooking even one detail can turn a promising property into a liability.

 

I break down the common mistakes investors make—like trusting listing rents, skipping environmental checks, or underestimating municipal requirements—and share how to approach due diligence as more than just paperwork. With the right team, the right questions, and a systematic approach, it becomes your best risk management tool.

 

Tune in to learn how mastering due diligence can save you money, protect your deals, and give you the confidence to move forward with clarity.

 

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Tired of spreadsheets and admin headaches in your rental business?

 

If you're a real estate investor looking to simplify operations and grow your portfolio, Kompas is your new best friend. This all-in-one property management and accounting software helps you automate the tedious stuff—like receivables, renewals, and leasing—so you can focus on creating value.

 

Boost your cash flow, improve your NOI, cut down back-office work, and scale with confidence.

 

👉 Visit www.kompaspm.com to sign up and get your time back.

 

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SUPPORT US ON PATREON! 

 

patreon.com/realestateeffect and become a part of our real estate family! You’ll get access to exclusive content, monthly virtual meetings [Ask me anything!], special events, and more!

 

And please subscribe to the show, share it with a friend and send us feedback. Visit www.realestateeffect.ca and follow me on IG @monsaxel

 

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Connect with Axel Monsaingeon:

 

Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/

Website - https://www.realestateeffect.ca/

Facebook - https://www.facebook.com/realestateeffect/

Instagram - https://www.instagram.com/veryrealestateeffect/

Youtube - https://www.youtube.com/channel/UCc8EYrmO1aVvVIgwT7AfNFw

 

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Do you have any questions about your real estate journey?

 

Whether you're curious about navigating the complexities of development projects, dealing with financial challenges, or anything in between, I’m here to delve into the topics that matter most to you. 

 

I invite you to submit your questions by visiting our website at https://www.realestateeffect.ca/ and clicking on the 'Send Voicemail' widget on the right side.

 

Your inquiries will help shape our upcoming episodes, ensuring we cover the real estate issues you're most interested in.