All Forum Posts by: Maël Fortin

Hy Patrick, I curently own a tripkex in Quebec city (house hacking it) and plan to buy a lot more doors in the next years. I would love to participate!

Thank you so much everyone!! I know what I will do, I will ask for 12 postdated checks. 

Since I want to keep the tennant I will offer him a discount on the LAST month's check. 

Thanks for your help. 

The tenant is a long term tenant, he have been living there for 3 years now (even before I buy the property last year). I personnaly househack there, so there is no possibility for pets/drug production. 

The goal of the tenant is to have one less thing to think abouth every month. His goal is also to get a discount on his rent by doing so. 

He have been a verry good tenant, he keeps the place clean and pays on time. I dont want to lose him, but I dont have much room to reduce my cashflow... This is why I asked you, the pros, what kind of discount is reasonable and I value your oppinion a lot! Thanks!

I am in Quebec city, Canada. It is not illegal to pay your rent in advance. I collect it the old fashion way. 

The benefit for me is that I wont have to think abouth collecting his rent every month and it garantees that the tenant will stay for the whole year. 

However he wouldn't do this for free, he want a discount for paying me up front. The tenant is not even interested in a monthly payment. He will pay a year or find somewhere else to stay. 

Thank you for your precious help!

Hy, ont of my renters want to pay me a year of rent. He also want a discount for paying everything up front. What is a reasonable/normal range of discount I should offer him/accept from him? Thank you a lot! 

Thank you Dave!

I was previously only using BP to listen to podcasts and analyse rental properties. I just started to explore the other features of this community and it is a gold mine! 

Hy!

My name is Maël Fortin, I am 21 years old and I just finished my licence in Biology in Laval University, Quebec. However, I've always worked in sales and want to continue on this path.

In the moment I live with mom and Dad, but my goal is to ''househack'' before september this year! I want to start my personal adult life on the right track and avoid the ''rat race''. Whit this vision in mind I have been able to save quite a bit of money in the last years, now is time to deploy my capital.

I came on bigger pockets to learn the basics of real estate investing. It have been a wonderfull decision and I have learned a lot trough hundreds of hours of listening. But I now feel I need a more practical help.

I dont know the market, I have no experience in landlording, I only have a handfull of contacts... what I am really seeking for here is advices on my particular area: Quebec city since most of the real estate related information I know is from the US market via BP. What are the major differences between real estate from the podcasts and real estate here in Quebec city?

Thank you a lot!! I look foward to meeting some of you and sharing my progress.