Hi Everyone,
I am looking for Real Estate Professionals who understand real estate investments and ideally know the ACRE system.
I would be grateful if you could share with me professional references in the greater Montreal for:
Real estate agent,
Mortgage brokers or banker
Property manager...
I read this portion of the book "Real Estate Investing in Canada (p. 132). Wiley. Kindle Edition" written by Don R. Campbell, and I was wondering if someone has some advices to share about that:
Somebody knows a good real estate accountant in Montreal?
Thank you
It doesn't seem to be the way of proceeding (have them collect the rent...)? I wouldn't do that. I am expecting to pay for their management fees but these days rent payments can be made online.
Thanks for your feedbacks.
Following the REIN network system, the Authentic Canadian Real Estate System, I am looking to calculate the monthly management expenses in the property analyzer calculation and if I am not able to have a positive cash flow then that property won't be a good fit to reach my goal.
I guess it's not black or white but me personally I am not looking to manage properties for the reason that I would like to continue be expat for most of the year so in that situation it won't be possible for me to manage the properties.
So you would say that managing your properties doesn't eat up your time to investigate to buy new properties?
In my situation, I still have to find the time between my work, my RE analysis and personal life. I have difficulties to think I would be able to manage work, RE analysis, RE...
Hi Thomas Beyer,
Can you elaborate on that point? Why are you claiming that "Bigger cities (like Montreal) have lower risk than smaller cities like Saskatoon or Kelowna"?
Thank you in advance.
Hi Cory,
I agree and disagree with you :)
Yea I guess I should follow the local news to get my stats because, it took me like 5 hours to compile the increase average income for the city of Montreal vs Quebec vs Canada and bottom line it's a gross signal and already outdated because the last...