Nov 2, 2022
The Key to Recession Proofing Your Real Estate Investments
“You take the risks, you jump in, you learn and you get stronger. You get more confident, and I think that resiliency is really helpful.” — @harishconsul
Having bought his first house at the age of 15, Harish Consul has undeniably seen the property market through all of its changes. He is the Founder and CEO of Ocgrow Group of Companies, a privately held investment group involved in venture capital and real estate development. In this episode, Harish joins us to share his secret to recession-proofing real estate investments. He explains the importance of patience, taking risks, and having a diversified portfolio. As a seasoned investor, he fills us in on how interest rates impact investment decisions, and what qualifies a good investment market. Tune in to find out the benefits of PropTech, commercial investments, and so much more!
Key points from this episode:
* Harish Consul’s education, real estate, and entrepreneurship background
* The major lessons he’s learned as a real estate and tech investor
* The importance of having a diversified portfolio
* Why Harish focuses on later-stage tech investments
* The benefits of investing in commercial properties
* How COVID affected Harish’s commercial investments
* What led Harish to found the Ocgrow Group at age 23
* Why he believes it’s important to take risks
* Harish explains Vertos, Ocgrow’s luxury development underway in Cochrane
* Why Cochrane is such a fast-growing municipality
* The change in demand in the greater Calgary area
* The greatest risk for developers, given the supply issue in Alberta
* How interest rates impact investment decisions
* The importance of being prepared and patient in the realm of real estate
* Ocgrow Group’s marketing strategy for lease-ups and their early adoption of PropTech
* Ocgrow Group’s future plans
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