Vision and Development with Uriel Bigot

The Very Real Estate Effect Investing in Quebec

In this episode, Axel welcomes back his friend Uriel Bigot, a seasoned real estate developer, to discuss land development and the challenges faced in today's market. Uriel shares his journey from a $1.5 million land acquisition to its current valuation of $9.7 million.

Uriel and Axel reflect on the importance of vision and collaboration in real estate. Uriel recounts his initial partnership, emphasizing the significance of finding like-minded individuals who share your ambition and goals. The discussion covers zoning changes, project scaling, and the critical value of having a dedicated team.

Tune in to discover valuable insights into financing large-scale projects, the evolving real estate landscape, and the necessity of celebrating achievements. Uriel and Axel provide words of wisdom for aspiring developers, emphasizing the role of knowledge, communication, and collaboration in achieving success in the ever-changing world of real estate.

What you will learn if you listen to the episode:

• Key things you must take into account to start a partnership.

• How to grow land's value from $1.5 million to $9.7 million.

• The impact of zoning changes on land value and the types of projects Uriel is developing.

• The importance of understanding zoning regulations and how they affect real estate development.

• Insights into the initial stages of a real estate project, including raising capital and dealing with city authorities.

• The role of density and the need for increased housing in addressing housing crises.

• Challenges in the permitting process and the importance of streamlining it for developers.

• The significance of building a strong team and having the right players in real estate development.

• Advice on financing real estate projects and the challenges faced due to limited financing options.

• The importance of self-education, networking, and learning from experienced individuals in real estate.

• Strategies for dealing with financial challenges in real estate development.

• The importance of celebrating project milestones and involving stakeholders.

• Final words of wisdom from the experienced real estate developers.

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