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  1. XavierCP

    Does somebody know a lender who is prepared to include the rental income in the TDS ratio calculation?

    Thank you Mr.Montreal for your answer, it's really helpful in my real estate investment journey. Like Don R. Campbell writes in his book Real Estate Investing in Canada (p. 179) about the 110 Percent Rule: So I guess it's our duty as a real estate investor to find these bankers or mortgage...
  2. XavierCP

    Does somebody know a lender who is prepared to include the rental income in the TDS ratio calculation?

    In my understanding, it's critical for a real estate investor to find a mortgage broker or banker who is prepared to include the rental income in calculating the TDS. As we invest in more properties, part of the wall we may hit is this TDS obstacle (to have more mortgages) but in my...
  3. XavierCP

    (Good version) How will the new Reseau express metropolitain (REM) impact West Island (Montreal) property values

    Like Don R Campbell wrote in his book "Real Estate Investing in Canada (p. 51)": I think there's a big potential here to invest in properties in West Island of Montreal considering the upcoming Réseau express métropolitain (REM)...
  4. XavierCP

    How will the new Reseau express metropolitain (REM) impact West Island (Montreal) property values

    Like Don R Campbell wrote in his book "Real Estate Investing in Canada (p. 51)": I think there's a big potential here to invest in properties in West Island of Montreal considering the upcoming Réseau express métropolitain (REM)...
  5. XavierCP

    Is there active REIN members in Quebec?

    Thank you Martin1968, Are you certain that cash flow sucks in Montreal? I would be happy with a monthly positive cash flow of C$100.00 for my first mortgage property, like an apartment. From the book I am reading (Real Estate Investing in Canada: Creating Wealth with the ACRE System written...
  6. XavierCP

    Is there active REIN members in Quebec?

    That's the spirit!
  7. XavierCP

    Is there active REIN members in Quebec?

    Do the two (Cash-flow and mortgage paydown) move in tandem? I mean if I buy an apartment which provide positive cash-flow every month, not only I pay the mortgage every month but I can also receive cash every month?
  8. XavierCP

    Is there active REIN members in Quebec?

    Hi Willyboy, this is an amazing answer, thank you so much! I am a rookie in real estate investment but I would agree mostly with all you wrote. I started to study Real Estate Investment few weeks ago and my guide is the book Real Estate Investing in Canada: Creating Wealth with the ACRE System...
  9. XavierCP

    Is there active REIN members in Quebec?

    Thank you Willyboy for your answer! When you write "...that's why if you look at the cash flow numbers you find they are not good.", may I ask you from which report you are referring to for the cash flow numbers? I am looking to invest in a rental property to have positive cash flow every...
  10. XavierCP

    Is there active REIN members in Quebec?

    Thank you Alvaro for your answer! :) This is what I am looking for, an area or neighbourhood with "stable market with lots of demand for housing, employment and new transportation projects". My objective is to invest in a rental property to have positive cash flow. Thank you for your opinion...
  11. XavierCP

    Is there active REIN members in Quebec?

    Thank you Alvaro Sanchez, I started to analyze the macro economic forces that drive market values (Increase in Average Incomes, Housing Affordability Index) and until know I didn't find Montreal to be more attractive to invest compared to other cities in Canada. I just started my analysis...
  12. XavierCP

    Looking to invest in Montreal but the average incomes is not so interesting.

    For my analysis of macro economic forces, I need to find if there is an increase of household income and compare it with the provincial average. Realtor.ca only gives the average household incomes for a specific date.
  13. XavierCP

    Looking to invest in Montreal but the average incomes is not so interesting.

    Thank you Sharon9, I finally found it by searching for a listing on realtor.ca, I thought there were a section on the website. See screenshot below:
  14. XavierCP

    Looking to invest in Montreal but the average incomes is not so interesting.

    Than Thank you Tina but I cannot find it. Are we talking about realtor.ca? Can you please send me the URL of the page showed on your screenshot? I tried to make a search operator "site:" on Google to find that page in vain. I cannot also find it from the website. Sorry to bother. Thank you
  15. XavierCP

    Looking to invest in Montreal but the average incomes is not so interesting.

    Hi Sharon9, thank you for your answer! I am not able to find the statistics on Realtor.ca. I created a new account, searched from their Sitemap etc, no luck. Is it possible to send me a screenshot how to access the statistics section to find for instance the Average Household Income for a...
  16. XavierCP

    Locking Mortgage Rates in my take

    Thank you Tim for taking the time to answer me, I appreciate your infos!
  17. XavierCP

    Is there active REIN members in Quebec?

    Thank you Tina for taking the time to answer me, I truly appreciate. With the discount code we can find on the video of https://info.reincanada.com/rein-all-access-membership the cheapest membership cost for REIN is C$2,000, am I correct? Thank you
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