Overcoming Power Line Obstacles Part 2: Solutions and New Developments

The Very Real Estate Effect Investing in Quebec

In this episode, Axel Monsaingeon shares solutions and new developments regarding the land development project in downtown Saint-Jérôme, Quebec. After initially encountering a staggering $2.2 million quote for line removal, Axel seeks solutions by engaging with local authorities and government representatives. As the story unfolds, potential modifications to the project and a surprise zoning review offer promising avenues for increasing the unit count and reducing parking requirements. This episode underscores the importance of patience in land development projects and the value of sharing one's real estate journey while working to overcome obstacles and ensure the project's financial viability.

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What you will learn if you listen to the episode:

• The challenges and complexities involved in land development projects in Quebec, particularly with power line removal.

• How effective communication and engagement with local authorities and government representatives can help resolve project obstacles.

• Strategies for potentially modifying a real estate project to improve its feasibility and profitability.

• The impact of zoning reviews and regulatory changes on real estate development opportunities.

• The importance of patience and persistence in the face of setbacks and delays.

• How cost considerations, like underground parking, can significantly affect project economics.

• The potential benefits of sharing your real estate journey with others, including your audience.

• The significance of seeking alternative solutions to reduce project expenses.

• The timeline and financial considerations involved in securing project financing.

• The value of adaptability and resilience in the world of real estate development.

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