Guest: Simeon Papailias, Real Estate Investor, Coach and Mentor
There is no argument that there is no bigger security blanket than real estate however it is always good to diversify your portfolio. Getting the right education and having the right team in place is also important to your success as an investor.
This week’s guest, Simeon Papailias, Real Estate Investor, Coach, Mentor & Advocate for Canadian Real Estate, is the expert when it comes to commercial investing and he helps to educate other investors based on his many years of experience. Simeon provides insights and advice on commercial investing and the importance of diversifying your portfolio.
In this episode you will learn about:
– Tips and insights on how to diversify investments
– Pros and cons of investing in condos and commercial investing
– Insights on the types of commercial property to invest in
– Finding commercial real estate deals
– Defining cap rates and NOIs
Simeon Papailias is one of the Founders and Managing Partners of the REC Canada Group. The majority of his work, traditionally, has been in Retail / Commercial Real Estate (Business Sales, Merger & Acquisitions, Tenant Placement and Relocation). As the market has been changing, so has his move into the investment real estate field. His team of 35 Senior Brokers, serves the interests of over 800 clients a year in the acquisition/disposition of investment properties, handling clients regular real estate needs, as well as selling a large share of Toronto’s Preconstruction Allocations.
The company’s Commercial and Multifamily practitioners have consistent and exclusive “off market” opportunities, that serve specific mandates for larger and institutional clients.
Simeon also has a significant amount of experience in the locating and transacting of Retail Plazas, Apartment Buildings up to 200 units and Medical Buildings. He has been honoured to receive the company’s highest honour, the Chairman Club Award, in 2009 through and including 2019.
His latest initiative, “Broker’s Playbook”, is an Industry podcast, covering real issues in the real estate and mortgage industry. Brokers, Investors, and all salespeople will benefit from the insights and the thoughts expanded on.
Get in touch with Simeon:
This episode has been brought to you in part by:
Dylan Suitor of Elevation Realty – http://www.elevationrealty.ca/
Dalia Barsoum at Streetwise Mortgages – https://streetwisemortgages.com/
Susan Corcoran & Sue Ore of Complete Properties Inc – https://www.completepropertiesinc.com/