Oct 18 2024 33 mins
What does it really take to build a real estate portfolio from scratch?
In this episode, we sit down with Denis Gallico, a real estate investor who started with small investments and now manages millions in assets. He shares how he turned his first triplex into a springboard for bigger projects.
Denis reflects on his journey, highlighting key moments like acquiring property right after obtaining permanent residency and overcoming challenges in renovations. He emphasizes the importance of creative strategies, working with the right team, and making smart financial decisions along the way.
From small plexes to large developments, Denis discusses valuable lessons in financing, partnerships, and long-term planning. Whether you're new to real estate or looking to scale up, this episode offers practical insights for making confident moves in the market.
What you will learn if you listen to the episode:
- How to start investing in real estate with small properties
- Turning a triplex into long-term financial growth
- Overcoming challenges in property renovations
- The role of partnerships in scaling real estate investments
- Creative strategies for smart real estate financing
- Building a real estate portfolio step-by-step
- Long-term planning for real estate success
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Timestamps:
🏡 Starting in real estate with a triplex in Montreal (01:14)
📑 Signing right after permanent residency and building equity (03:09)
🔨 Challenges with renovations and lessons from permits (05:27)
🤝 The value of partnerships in real estate growth (08:41)
💰 Creative financing strategies and working with B-lenders (10:57)
🌱 Long-term thinking and the importance of planning (18:05)
📈 Scaling from small properties to multi-unit investments (24:02)
🚀 Final insights on building financial freedom through real estate (30:38)
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 Denis Gallico:
Instagram: https://www.instagram.com/denis.gallico/
LinkedIn: https://www.linkedin.com/in/denis-gallico-23124724/
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.
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