Our Story

 

Expansion Properties is owned and operated by the dynamic duo of Cole Skelly and Elizabeth Milder. They are both highly motivated entrepreneurs, and are committed to improving their community through their ventures.

Elizabeth and Cole have become experts in the application of the BRRRR method (Buy-Renovate-Rent-Refinance-Repeat) of real estate investing in the Victoria market. By identifying properties with the potential for adding square footage, Cole and Elizabeth add massive value to the properties they purchase, converting single-family homes to multi-unit rentals (2,3 and 4 units). After many properties and lessons learned, Expansion Properties was formed.

Expansion Properties now works with a team of experts that allow for more extensive projects. As a couple, Cole and Elizabeth have been able to build off of each others strengths, and have used their diverse skill sets to grow their portfolio to 11 units (and counting).

They are looking forward to continuing to expand their business in the future.

 

Cole & Elizabeth

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Cole Skelly and Elizabeth Milder are the masterminds behind Expansion Properties.

Cole, a small town island boy from Shawnigan Lake, spent most of his young adulthood working his way up to management in the oil and gas industry. He is now well-respected in his industry and among the crews that he leads. This experience in project management has been a boon to their success. Cole loves to learn as much as he can and is constantly looking for new ways to increase efficiency in investments and reduce risks. Real Estate is his passion, and this is one of the reasons Expansion Properties has been able to grow in the way it has.

Elizabeth, a big city girl from San Jose, California, has had a diverse career which has spanned from sales in the financial services sector, to management and community development with lululemon, to currently working as a health and safety consultant and technical writer. With experience running her own small business, she was able to apply this knowledge and skill set to help transform their initial mom-and-pop approach to investing to take on larger, more complicated projects. Elizabeth is passionate and has lots of energy and she channels this constructively into Expansion Properties which has allowed it to grow in the way that it has.


 

 

 

Let's Work Together


Expansion Properties’ slogan, “Building For Your Future”, was deliberately crafted to represent both the high-quality properties they create for their tenants, and also their mission to build their investors futures by adding immense value to any opportunities that are brought to the table.

Expansion Properties’ unique skill set exposes "diamonds in the rough" in the real estate market. Well versed in the Victoria market, and thoroughly acquainted with the permitting requirements in Victoria, leads to an efficiency demonstrated by few. By building an expansive team of punctual, creative, and hard-working experts within the industry, Expansion Properties is able to complete their projects in a time-efficient manner, to a very high degree of craftsmanship.

Expansion Properties is well-versed in the Tenancy Act, dealing with the Residential Tenancy Board, and have forged relationships with Landlord BC. They have painstakingly created a system to screen tenants efficiently. When all this is added up, it is clear that Expansion Properties has the skill set and the drive that results in risk-mitigation for their investments and investors.

Are you ready to start building for your future?

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