Well Off Podcast

E48 - How You Can Become An Apartment Building Investor With Pierre-Paul Turgeon


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Pierre-Paul is a multi-unit real estate investor that focuses on apartment buildings. He is a former CMHC multi-family underwriter and has a portfolio of 130 doors valued in excess of $20M. He has analyzed hundreds of apartment deals in three provinces and three territories. On this episode we discuss:

 

Growing up in a family of 12 children

Working with CMHC as an underwriter

Three ways to make money in multi-units

Advantages of large multis and the margin for error

The important of your reputation with multi-unit lenders

Expected financing/acquisition expenses

Pros and cons of conventional vs CMHC insured multi-unit loans

 

You can find out more about Pierre-Paul by visiting https://www.multifamilyinvestingcanada.com

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Well Off PodcastBy Georges El Masri

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