Multi-Family investor from Montreal, Quebec.

[Youssef M.]

Hello,

About me:
An IT professional from Montreal. I'm voraciously learning how to invest in real estate the right way.

I feel some of the advice on BiggerPockets needs adjustment for the Quebec market and I would love to connect with local investors.

My journey so far:
I currently own a vacation rental property in the Laurentians. While I'm not an expert by any means I can share my experience so far and some of the lessons learned along the way.

Goals:
This summer, I hope to acquire a multi-family with some cashflow. I want to learn how to buy and manage a property remotely.

What I'm working on:
• Management companies, fair prices and relationship structure. Let me know what you pay for 2-4 units. Recommendations for companies operating in the Laurentians would be appreciated!

• Finding resources on how to vet contractors and estimate rehab costs.

Thank you!

[Jeremy Beaumier]

Welcome Youssef!

I'm in Ottawa, looking at single-family rentals. Financing seems to be a bit different up here in Canada then in the US. I'm looking at a Purchase Plus Improvement mortgage with Scotiabank for the 1st investment. And I'm looking for a property I can BRRR in about a month from date of possession.

The specialist I found at Scotiabank is an investor herself and what an amazing source of information she's turned out to be.

Anyway, best of luck and feel free to connect!

--

Jeremy