In this episode, Alex McFadyen brings on Michael “Mike” Ponte, an experienced real estate investor and educator. Mike discusses the current trends and potential opportunities in the real estate market in Canada. He emphasizes the importance of understanding numbers and making informed decisions based on current market conditions and what YOU can handle. The conversation particularly focuses on the impact of increased interest rates on property investments as well as what investing looks like for larger multi-family properties. Mike suggests possibilities such as partnering with other investors, buying properties at a discounted price in challenging times, and why investing in multifamily and land development can be beneficial. The episode also touches on the importance of forward-thinking and planning for worst-case scenarios.

Find Michael Pointe on Instagram: @savvy_investors

Checkout Michael’s Website here: https://thesavvyinvestor.ca/

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