Preview Mode Links will not work in preview mode

The Canadian Multifamily Investing Podcast


Jan 3, 2020

Real estate investor, Adney Fernandes takes us through his journey from investing in single family properties and then turning various commercial asset classes.

 

This episode covers:

  • Adney's strategy focusing on grade A and B buildings
  • Investing in major cities in Ontario
  • The management side of commercial investing
  • What an investor should look for when trying to find the best property manager for their properties
  • How to manage the property manager
  • How Adney keeps a steady stream of off-market deals coming his way
  • The role of CMHC-insured mortgages
  • The upside and downside of cash flow

 

Adney takes us through his most recent purchase of a 23-unit apartment building in Kitchener, Ontario.  Negotiating a reduced price per door and working with the lender to optimize the financing deal.

 

“You don’t need to start with single-family before getting into multifamily.  Build your power team around multifamily.”



Resources discussed in this episode:

OnCom Multifamily & Commercial Investment Club 

 

Connect with our guest:

Adney Fernandes

www.A2realinvestments.com

Email: adney@A2realinvestments.com 

 

Connect with the hosts of the show

Mark Baltazar

Email: Mark@peakpropertyinvestments.ca 

Instagram: https://www.instagram.com/mark_baltazar/

 

Mike Rockall

Email: mike@rockallrealestate.ca 

Instagram: https://www.instagram.com/rockallrealestate/

 

More Resources:

Sign-up to stay up to date on the latest webinars, events, podcast episodes and other resources pertaining to multifamily investing in Canada and building generational wealth.

Click here: http://bit.ly/peak-sign-up 

 

Want a second opinion on a deal that you are analyzing.  We can help! Sign-up for a live review of your deal to gain critical insights before you make an offer or decide to pursue a property..  

Sign-up here: http://bit.ly/live-deal-coaching

 

Visit our website www.peakmultifamily.ca

For more information about our investment strategy and other FREE resources to help guide you along your apartment building investment journey.