Scaling an Apartment Building Portfolio Through Joint Venture Partners

The Canadian Multifamily Investing Podcast

Leveraging the power of joint venture partnership models has helped Michael Ponte scale a successful real estate investment business with over $30 million in assets.

With significant success investing in both commercial and residential real estate in British Columbia, Alberta and Halifax, Michael Ponte is the President and Founder of Prosperity Real Estate Investments, currently holding and managing a portfolio of over 175 units in several markets throughout Canada.

Prosperity Real Estate Investments’ success has been recognized by several associations like the Real Estate Investment Network (REIN), Canada Real Estate Investment Club and the Canadian Real Estate Wealth Magazine by winning several awards over the years.

When Michael is not managing his real estate portfolio, he spends as much quality time as possible with his wife and two kids, the main reason for getting into real estate.

In this episode we uncover:

• British Columbia and Alberta real estate markets
• Pre-Covid-19 vs. current property vacancy and rent rates
• Tips on enhancing cash flow and income while growing your business
• Prosperity Real Estate Investments’ core strengths and competition
• Turnkey and Value-Add opportunities and refinancing when investing in real estate
• New CMHC financing rules and changes
• Mindset needed to be an apartment building investor
• Joint venture partnering and importance of capital raising when investing in real estate
• Necessary skills required to excel when capital raising
• Strategies to find real estate deals

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Connect With Our Guest:

Michael Ponte – Real Estate Investor and President & Founder of Prosperity Real Estate Investments

Phone Number: [phone]

Email: [e-mail]

Website: http://www.prosperityinvestments.ca/

Facebook: Savvy Investor Facebook Group

Connect With Us:

Peak Multifamily Investments

Instagram: @peakmultifamily

Facebook: @peakmultifamily

Facebook Group: Apartment Building Investors Network

LinkedIn: Peak Multifamily Investments

Email: [e-mail]

Mark Baltazar - Co-Founder, Peak Multifamily Investments

Instagram: @mark_baltazar

Facebook: Mark Baltazar

LinkedIn: www.linkedin.com/in/mark-baltazar

Email: [e-mail]

Mike Rockall - Co-Founder, Peak Multifamily Investments

Instagram: @rockallrealestate

Email: [e-mail]

More Resources:

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