Listen " Behind the Scenes Numbers of My Current Townhouse Development"
Episode Synopsis
Do you know the benefits of building townhouses? In this episode, I'm going to share with you what is behind building townhouses, especially the townhouse project that I am developing. I also break down the reasons why I’m working on it and how the numbers are calculated. Pay close attention as I disclose the advantages of working with this type of project. Stay tuned until the end to learn more about the numbers of my current townhouse development! [00:01 - 02:22] Opening Segment An overview of the townhouse project I’m developing The reasons why I’m working on this project My outlook on the Alberta market [02:23 - 14:01] Behind the Scenes Numbers of My Current Townhouse Development Why going into tertiary markets is not a good idea when you’re starting in real estate It’s going to be difficult to manage it or find someone to manage it for you I describe and share the 73 unit multifamily project I’m developing Make sure to verify the data that you're getting The advantages of the townhouse development [14:02 - 15:53] Closing Segment We will begin coaching sessions next month! If you are interested in my coaching and consulting program, please reach out to me through email at [email protected]. I want to make sure to cater to those interested, so please use the word “coaching” on the body or subject line. You can also follow me on Linkedin, and Twitter. If you would like to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money. LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or click here to listen to our previous episodes. Follow The Investing Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel. Tweetable Quotes: “I realized that not everybody is going to be able to develop townhomes or multifamily, but that doesn't mean that you couldn't find someone that has some experience, that is developing it and buy their asset.” - Shane Melanson “With new townhouses, tenants take a lot better care, they stay longer, and which generally reduces your repairs and maintenance and turnover. ” - Shane Melanson
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