In today’s episode, Darren Neziol and Gopi Pallai, Senior Analysts from Valour Capital Management Inc., join Carmen and Jordan to discuss the 5 essential factors you need to be aware of before getting started in a development or construction mortgage. These seasoned professionals also explain what due diligence is, the difference between the construction and developments aspects in these investments, and the role that Valour Capital Management plays in them.

Episode Highlights:

Darren and Gopi’s credentials Defining due diligence The 5 essential factors The difference between the construction and development aspects of these investments Valour Capital’s role in these investments

Quotes:

“There’s so many things that could potentially go wrong if you’re not guided by the right people.”

“When we do due diligence, we focus on the market.”

“The main thing is to know how long is this going to take to be built and sold. That’s how you’re going to get your money back at the end of the day.”

“Valuation is pretty critical.”

“Valour has your back, more or less…watching over everything, making sure that everything’s running smoothly with that mortgage investment.”

Links:

30 Minutes to Wealth homepage: https://www.30minutestowealth.com/

Pro Funds Mortgages homepage: https://www.profunds.ca/