Real Estate Moves + a Readwise Hack You’ll Love: April’s Investor Journey
- Michele Correa
- Apr 11
- 4 min read
Updated: Apr 30
What We Are Up To
March was a full and fabulous month at Correa Equity Partners—projects progressed, properties sold, and there was even time for a little Disney magic.
Here’s what we’ve been up to:
Edmonton Projects
Flip Update: Almost Ready for the Big Reveal!
We’re at the exciting stage on our flip where everything comes together—and the changes are stunning.
Working with a designer has made a huge difference, giving the home a modern mid-century vibe that’s warm, functional, and family-friendly. What used to be a mismatched house with clashing colors is now a beautifully coordinated, welcoming home.
We’ve definitely had a few challenges especially the last few weeks trying to keep everything on track towards the finish line. After this project is done, we have a meeting planned with the investors, contractor and designer so we can work through team communication and processes to make the next flip even smoother.
Can’t wait to share the staged photos with you next month!
Infill #1: Ready to Dig Soon
Our first Infill project in Westwood is moving along quickly. Thanks to a shorter permitting timeline from the City of Edmonton, we’re on track to break ground this summer!
Our "as complete" appraisal came in at over $2.7 million making this a great value add project.
We did run into a small hiccup with some minor asbestos in the exterior stucco, but we’re on it and getting quotes for safe removal. First shovels can’t come soon enough!
Infill #2: Ahead of Schedule
Infill #2 in Idylwlyde has also picked up pace. We originally expected to dig in November, but it’s now looking like August or September—which means it should be finished to rent out next year before Edmonton’s deep freeze hits!
The property is currently tenanted, so we’re working with the tenant to help them transition smoothly. The designs are signed off and it’s exciting to see this vision come to life.
Sold in Calgary!
In fall 2020, we purchased our first investment property in Calgary—a bungalow with an illegal suite. We partnered with Mike and Allie, renovated it, and legalized the suite.
Now, after great appreciation and performance, we decided it was time to sell and redeploy the capital. The deal is done, and that capital is already hard at work in a new investment.
💡 Remember: Money needs to move to grow. Is your money working for you?
We also have a firm offer on another legalized duplex in Calgary and this one is closing mid May.
Interested in investing in Edmonton? Whether you want to learn hands-on or prefer to stay passive, I’d love to chat about how you can get involved in our future projects.
Travel Highlights
One of the biggest blessings of this business is the freedom to travel and work from anywhere with Wi-Fi.
Disney Cruise with the Girls
In March, I went on a Disney Cruise with my daughters and our friends Tim and Rey (while Doug was in London). We laughed a lot, slept in (I even had two naps!), relaxed at the spa, and enjoyed all the food and fun the ship had to offer.
New York Adventure
I joined Doug on his business trip to New York. We spent the weekend with our niece who’s attending law school there—walking over 25,000 steps as we explored neighborhoods, shops, and some seriously good eats.
🎭 We saw two incredible shows, including Glengarry Glenn Ross and be still my heart—George Clooney live in Good Night and Good Luck. It was phenomenal, and eerily timely with what is happening in the world right now, despite being set in the 1950’s McCarthy era.
I also reunited with friends I met during volunteer trips to the Bronx—such a heartwarming experience to reconnect.
What I'm listening to on Audible
The Entrepreneur Roller Coaster
by Darren Hardy
Real talk for real entrepreneurs.
I decided to relisten to this book because, let’s be honest, it feels like everything—economy, politics, and stock market—is a roller coaster right now. Darren’s wisdom is a powerful reminder that the emotional ups and downs of business are not only normal—they’re survivable.
Here are a few of my favorite takeaways:
Embrace the Ride: Fear and setbacks are part of the deal. Stay buckled in and keep going.
Mindset Matters: Confidence and resilience are your greatest assets.
Learn to Sell: Whether it’s your ideas, vision, or value—communication fuels growth.
Discipline Over Hustle: Habits will anchor you when chaos hits.
Curate Your Circle: Surround yourself with people who uplift and challenge you.
Don’t Take Rejection Personally: Every “no” brings you closer to a “yes.”
Focus on What You Control: Your actions, your energy, your mindset.
It’s not about avoiding the ride—it’s about learning to ride it well.
Useful Resource:
Remember What You Read
I highlight a lot when I read—books, newsletters, articles—and I used to lose track of the gems.
Enter Readwise. This app pulls all my highlights into one place and gently resurfaces them over time. I’ve synced it with my Evernote second brain (ICYMI: February’s resource on Evernote here) and it’s been a total game-changer.
Imagine this: You highlight a strategy on creative financing… weeks later, Readwise resurfaces it right when you need it.
✨ If you’re a lifelong learner who wants to retain more, Readwise is gold.
Quick Tip:
Find What You Need , Fast
You’ve told us how much you love the tools and tips we share—so we made them easier to access!
Check out our new Useful Resources page where you can find all past recommendations in one place.
If you have a useful resource, website, tip or app that I can share in a future newsletter, please send it along!
That’s it for this month! What’s one thing you’re working on in April? Hit reply—I’d love to hear from you!
We’d love to hear from you!
If making your money work harder for you by investing in real estate without all the hassles is something that interests you, or if you want to partner alongside us and learn as you participate, reach out to us at michele@correaequitypartners.com.
We can discuss your goals and see if we are a fit to work together and invest with purpose.
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