Equity investing can be a small or large portion of the property value, and in real estate, it can make you money. In this episode, I talk to my good friend Peter Politis about equity investing and tips on how it can make you money.
Peter has a long history in real estate. His parents, sister and brother-in-law make up one of the top real estate teams in Markham. He is the only one in his family who is not a real estate agent. He graduated from University of Toronto with a specialization in economics. After graduating, he joined Greybrook Capital and became a partner in 2003. In 2004, he was also named the CEO of Greybrook Realty Partners, the real estate investment and asset management division of Greybrook Capital. He oversees a portfolio of over 70 developments and assets in the GTA, the Golden Horseshoe Region and Southern Florida markets. In 2018, Peter was recognized as one of Canada’s Top 40 under 40 for who he has done in the real estate investment space.
Peter discusses how equity investing is different than how the majority of people view real estate investing. Most people see it as you and your money working for your return, whereas Peter says equity investing is your money working for you. You get to pick a specific asset you want to buy, choosing the development, location, and development partner, and letting your money work for you on projects that have the largest economies of scales that are sometimes over one billion total projects, without having to worry about investing tens of millions of dollars.
In terms of investing, Peter discusses that you can use registered funds, such as RRSPs, TFSAs, and RESP eligible, to invest into the development of a real estate property with his firm. In Canada, the minimum amount to invest in is $25,000, and his firm plans on doubling your investment every five years.
To learn more about tips and tricks of equity investing, watch this episode of Everyday Investor with Rav Toor. If you want to learn more about Peter and his firm, go to realty.greybrook.com.