I Understand How You Feel…
Imagine you’re nearing retirement, and the mortgage you took to finance the apartment building you purchased twenty years ago is almost paid off. The property generates a net monthly cash flow of $15,000.
You feel good because you don’t have to worry about money ever again, and the extra funds you received over the years gave you not only financial security but a wonderful lifestyle that enabled you to be more present and enjoy life and travel and pursue your passion hobbies.
Not only that, but the property has appreciated tenfold during your ownership, and there is a lot of equity left for your children to get a head-start financially when you pass away or for them to carry on operating the property and also benefitting from this great investment.
Now imagine if you had bought two such properties. You would be in a position to financially help your loved ones and contribute to your favourite causes and charities.
Necessary Guidance
Imagine if you had an experienced, talented, inspirational professional who could walk beside you and show you the way.
What If?
You had a proven step-by-step process, guided by seasoned real estate experts that would take you from the research stage all the way to securing financing and making your investment dreams come true.
A Blueprint To Investing.
A time-tested plan that you could refer back to time and time again to secure deal after successful deal for a lifetime to come.
Hello There!
I’m Pierre-Paul Turgeon
I’m a licensed mortgage broker specializing in commercial multifamily and construction financing. I'm also a full-time multifamily investor with a portfolio valued at more than $24M and a former Canada Mortgage and Housing Corporation (CMHC) multifamily underwriter.
As a multifamily underwriter at CMHC, my job was to analyze and underwrite the risks pertaining to apartment buildings in three provinces and two territories so that CMHC could insure the banks’ loans. I’ve underwritten deals of all sizes and different market conditions. From small and large investors such as Real Estate Investment Trusts (REITs), I observed first-hand the strategies they used to make a profit and have successful investments.
Before becoming a multifamily underwriter, I managed a small department in a CMHC regional office called ‘default Management and Real Estate (DMRE).’ Part of my job was reviewing arrears reports sent to me by banks whose loans CMHC had insured and working with lenders to mitigate potential claims on CMHC’s insurance fund. Accordingly, I also have a very good understanding of what can cause multifamily investments to fail.
By the way, I’m going to let you in on a secret regarding multifamily properties which, while I was at CMHC’s employment, I would not have been allowed to share with you:
Multifamily properties very rarely ever DEFAULT!
Even to this day, and during recessions and tough economic times such as the COVID pandemic, apartment buildings as an asset class have always been historically known to be resilient and counter-cyclical as an asset class; that is when the going gets tough; multifamily properties continue to perform.
That’s why banks love to lend money for apartment buildings; they’re a low-risk asset class.
It’s fair to say during my days at CMHC, I learned the highest standards in the lending industry. The breadth of knowledge, experience, and perspective I have acquired in multifamily investing in Canada is unprecedented!
It’s that knowledge and experience I impart to my students during my MFIB training program.
My mission is to democratize multifamily investing in Canada; to make it accessible to regular Canadians who want to build long-term wealth for themselves.
My sole mission is to teach you how to do the same!
Your Ticket to Multifamily Investing
Canadian Multifamily Investing Blueprint Training Program Package
The program is designed to walk you through the step-by-step process of investing in a multifamily building. From research and selection to making an offer to due diligence on the investment and finally developing a rock-star financing application to secure the deals of your dreams.
