PEI Real Estate Networking

[Brad Cote]

Looking to connect with other Prince Edward Island investors.

The PEI market has been very interesting over the past few years. The average home price has increased 35+% over the past 5 years, supply has dropped significantly over the past few years as demand has grown. Rent controls, foreign investment, Airbnb; there are a lot of hot topics to discuss in this market.

I am hoping to network with other investors in this market, and am actively looking for deals and opportunities in the Charlottetown/Stratford/Cornwall areas. Looking for SFH, multifamily, and commercial properties.

Brad

[Adam Dow]

Hey everyone, 

Glad to see a PEI thread has started. I am from Charlottetown and bought my first duplex in 2013. I had a total of 3 duplexes plus my house at one point and then decided to sell two of my duplexes to raise some cash. I am reinvesting those proceeds into my next project which is a 6 unit seniors townhouse in Cornwall. We should be breaking ground any week now. 

I am also working on getting a PEI real estate networking group going. I was thinking we could meet once a month or once a quarter and it could be a good way to meet lenders, investors, brokers, realtors, partners etc. At the very least it's a good excuse to get out for a drink/coffee and learn from everyone else's experience. If anyone here is interested, please let me know!