Sep 27 2024 30 mins
Have you ever wondered what it takes to thrive in the real estate market, even during uncertain times?
In this episode, I chat with Dean Artenosi, founder of Arten Development Group and Vice President of Operations of Coldwell Banker Real Estate Center. Dean shares his journey from selling door-to-door to leading major development projects in the Greater Toronto Area. His story is a testament to perseverance and the power of creative thinking in real estate.
We discuss the challenges and opportunities in the current market, particularly for first-time homebuyers. Dean explains how he started by helping buyers find affordable options through innovative programs and later transitioned into property development. He provides insights on navigating zoning changes, assembling land, and the value of strategic patience in real estate development.
Dean also touches on the recent changes in the CMHC regulations and their impact on the market. He believes these adjustments could bring much-needed relief for homebuyers and developers. If you're interested in understanding how to create value in real estate, this episode offers practical advice and inspiring lessons for anyone looking to succeed in the field.
What you will learn if you listen to the episode:
- How to Start in Real Estate with Limited Money
- Tips for First-Time Homebuyers in a Tough Market
- Making Money with Creative Real Estate Ideas
- What to Know About Zoning and Property Use Changes
- Real Estate Development Challenges and Success
- Understanding CMHC Changes for Homebuyers
- How Patience Pays Off in Real Estate Investing
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Timestamps:
🏡 First-time homebuyers and affordable options (02:26)
🔄 Shifting from realtor to property developer (03:21)
📈 Growth in the GTA and renovation projects (05:29)
🏗️ Challenges in real estate development and zoning changes (10:44)
💰 Financing strategies for development projects (12:12)
📉 Impact of CMHC changes and the market outlook (18:24)
Connect with Axel Monsaingeon:
Linkedin - https://www.linkedin.com/in/axel-monsaingeon-42577b28/
Website - https://www.realestateeffect.ca/
Facebook - https://www.facebook.com/realestateeffect/
Instagram - https://www.instagram.com/veryrealestateeffect/
Youtube - https://www.youtube.com/channel/UCc8EYrmO1aVvVIgwT7AfNFw
Connect with Dean Artenosi:
LinkedIn: https://www.linkedin.com/in/dean-artenosi-he-him-9817b61/
Website: https://www.cbtherealestatecentre.com/
Website: https://www.artengroup.com/
Book: https://www.amazon.com/Onwards-Upwards-Discover-Reality-Building/dp/B0C439174D
Do you have any questions about your real estate journey?
Whether you're curious about navigating the complexities of development projects, dealing with financial challenges, or anything in between, I’m here to delve into the topics that matter most to you.
I invite you to submit your questions by visiting our website at https://www.realestateeffect.ca/ and clicking on the 'Send Voicemail' widget on the right side.
Your inquiries will help shape our upcoming episodes, ensuring we cover the real estate issues you're most interested in.