Montreal Big BRRRs with Axel Monsaingeon

<p>Axel Monsaingeon grew up in the Caribbean, emigrated to Montreal Canada to finish high school. After years in the corporate world and being disillusioned went full time in real estate and it has been one of the best decisions he made.</p> <p>In this episode, Axel shares his real estate investing strategy that earns him the most revenue. He talks about what properties he buys, how he adds value to put it into the market that earns him a huge sum of profit. </p> <p>Checkout: Raising Capital Without Rejection Full-Day Workshop (Online):<a href='https://investorattractionworkshop.com/'> https://investorattractionworkshop.com/</a></p> <p>What you'll learn in just 17 minutes from today's episode: </p> <ul><li>Find out investing differences in the different parts of Canada so you know where you can leverage the most</li> <li>Discover about the off-market type of property deals that give the most ROI</li> <li>Find out market growth trends for multifamily properties and how to to value add to optimize earnings potential</li> </ul> <p>Resources/Links: </p> <ul><li>Website: <a href='https://www.realestateeffect.ca/'>https://www.realestateeffect.ca/</a> </li> </ul> <p>Topics Covered: </p> <ul><li>01:10 - What kind of real estate investing strategy does Axel focus on</li> <li>01:24 - The property size he is looking at</li> <li>01:54 - Where he originally comes from and a little story about his family</li> <li>04:49 - Major differences between investing in Quebec and other places of Canada</li> <li>06:08 - Why there is a higher renter percentage in Montreal than in any other places</li> <li>06:49 - Does he buy the dilapidated property with tenants or no tenants</li> <li>07:50 - Shares a difficult experience of letting tenants leave the property</li> <li>09:40 - What the numbers look like for his  properties from purchase, renovation to putting it on the market</li> <li>11:24 - Axel explains market growth trends of his properties</li> <li>12:27 - Turning old historical buildings into