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Understanding the local laws and regulations is a critical step for any real estate investor who is looking to expand their portfolio into a new market. This is especially true when considering an investment in a different country or province, such as Alberta or Ontario, where the legal landscape may differ significantly from one’s current location.
In this episode of The REITE Club podcast, join guest Svetlana Pessotski a real estate broker in Toronto as she shares how she used her creativity and entrepreneurial spirit to soar amidst the uncertainty of the pandemic, building an impressive portfolio and network in Calgary while offering tips to investors on customizing their lives.
In this episode, you will be able to:
- Uncover the perks and promising future of Calgary’s real estate market.
- Unlock the advantages of Alberta’s landlord-friendly policies and rental assurance programs.
- Identify the potential of preconstruction condos as lucrative investments in Calgary.
- Recognize the significance of thorough research and due diligence in real estate ventures.
- Discover various investment approaches and regional markets to diversify your portfolio.
From the perspective of engaging in active research and diligently learning about the region’s specific legislation and property management requirements, it can set the stage for a successful real estate venture.
Recognizing that every market has unique challenges, Svetlana encourages listeners to fully grasp the local laws and guidelines, which ultimately helps protect investors from potential difficulties down the road.
Get in touch with Svetlana Pessotski
Broker
spessotski@hotmail.com
Mobile: 647-838-8484
This episode has been brought to you in part by
BM Select/Butler Mortgage – https://bmselect.ca/