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Most investors spend years building the confidence to do their first deal. Bryce Kander initiated his first joint venture at the age of 13. In this episode of Where Should I Invest?, host Sarah Larbi sits down with the Red Deer-based realtor and investor to unpack how a home school “financial planning” class turned into a property portfolio — and how he’s now using an unconventional strategy called condo deconversion to build serious equity in Alberta’s softened condo market.
What We Cover:
- Bryce’s origin story — a $30,000 inheritance, a home school finance class, and his first joint venture with his mother at age 13.
- How an obsession with social media content became his entire deal-flow engine.
- Inside an 18-unit condo deconversion in Edmonton: buying individual units, converting them to rentals, and unlocking value through the income approach to appraisal.
- Real numbers on the deal — purchase price, financing structure, and the refinance plan through MLI Select.
- An unexpected legal snag: an estranged tenant who wouldn’t sign a lease, and what that meant for the refinance timeline.
- Alberta vs. Ontario landlord-tenant rules, and why market knowledge matters more than ever.
- The mechanics of convincing dozens of individual condo owners to sell — including what happens when one owner refuses.
- Why Bryce’s 27-unit partnership ended in a buyout, and the hard lesson he learned about equity versus voting rights when raising capital.
- A breakdown of MLI Select financing, ADUs, and how a five-unit “garage suite plus house” strategy can unlock outsized equity.
- Bryce’s lightning round — his favourite investing book, his current audiobook, and his advice for someone starting with $50K today.
This episode has been brought to you in part by:
Ryan Carson, Carson Law – https://www.carsonlaw.ca/ or email ryan@carsonlaw.ca
Matt Pickering, National Bank matthew.pickering@nbc.ca
Connect with Bryce Kander:
- E-mail – brycekander@gmail.com
- Website
- Instagram – @brycekander
- TikTok – @brycekander
- LinkedIn – https://www.linkedin.com/in/bryce-kander-9836521a/
Disclaimer: The information shared in this episode and content is for educational and informational purposes only and should not be considered professional financial, legal, or investment advice.
