Previously an underwriter of multi-family properties at CMHC, Turgeon has been serious about investing for the past six years. His first venture into real estate during the boom in Western Canada in the early 2000s helped him garner the capital to get started.
“In Alberta, there was a very significant economic boom, and there were tremendous opportunities. My principal residence had appreciated tremendously over a four-year period – 68% between 2002 and 2006 when we sold it.” This success, which Turgeon hails as a “significant leg up,” allowed him to expand his investing interests into multi-residential, which will consequently be the focus of his session at the Investor Forum Vancouver next month.
During Turgeon’s session, investors can expect to learn the pros and cons for multi-family investing, and how to make the switch from investing in small properties like single homes to large multi-family properties of five units or more. He advises first-time attendees to map out exactly what they want to get out of the two-day event to maximize their experience.
“Have an agenda of what it is you’re trying to learn, and have a specific intention before you come,” he advises.
The Early Bird promotion has been extended for the upcoming Vancouver Investor Forum. There are only 2 weeks left to the main event. Register now and you can still save up to 20% on passes. Don't miss out! www.vancouver.theinvestorforum.ca
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