E150 - Apartment Building Acquisitions, Coaching, Interest Rates with Michael Ponte

Published: May 7, 2023, 11 a.m.

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Michael Ponte is the founder and President of Prosperity Real Estate Investments Ltd. He\\u2019s a real estate investor and entrepreneur who specialize in the acquisition, renovation and appreciation of numerous properties in Alberta.

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Since 2001 Michael has built the Prosperity brand into a diversified investment and management company. Prosperity Real Estate Investments currently own over $10 million in cash-flowing real-estate assets primarily in residential and multi-family properties.

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On this episode, we discuss:

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Exiting his recent New Brunswick deal due to rent control

His recent commercial multi-family acquisitions in Calgary

The coaching and consulting he offers

Breaking down what he does every day

His thoughts on US investing and interest rates going into 2024

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You can reach out to Michael by visiting prosperityinvestments.ca

Download a free report: \\u201cMulti-Unit Renovation Operations Order - A Guide to Starting a Renovation\\u201d

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