All Forum Posts by: Pranav Bhatia

Question: how to fix this problem ? What kind of material should we use to build the staircase? Should we build it from scratch or try to find a ready made one?

Note: we’re in the Montréal, Quebec area and it’s -35 degrees in winters with lot’s of snow, so the material need to be bought accordingly.

Do you have trees up that way? If you do then use wood that is pressure treated. If the trees dont explode every year then your stairs wont. Especially if they are dried first before you install them. Make sure they are ground treated wood and still put them over a pad so they dont touch the ground.

No matter what you use the snow will build up and will be slippery. I have seen 3 inch expanded metal treads fill completely up with ice. I have seen concrete, wood and plastic treads get slick with ice. As far as strength, you just dont have enough shoring on the way up the stairs maybe. a 16' stair requires more than a stringer attached at the top and bottom to be structurally sound.

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@Raymond L Tennal Jr Thanks for your detailed answer, I really appreciate it.
The current one is made of wood and I think the owner never changed it (so maybe it lasted for almost 30-40 years). And surely I would like to keep my expenses down.

My mantra is: "Go with the cheapest and safest option" & "stay away from fancy stuff"

I will try to get multiple quotes as you recommended.

Thanks again!!

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Hello folks,

We recently bought our first duplex and we are obviously house hacking.

A small problem though, we have an outdoor staircase which is very unstable and ready to break off anytime someone is on it.

Question: how to fix this problem ? What kind of material should we use to build the staircase? Should we build it from scratch or try to find a ready made one?

Note: we’re in the Montréal, Quebec area and it’s -35 degrees in winters with lot’s of snow, so the material need to be bought accordingly.

1 Vote

Hello BP investors,

I have a brain scratcher for everyone.

My spouse and I are confused if you should buy our first property (duplex) and become owners instead of renters OR continue renting and increase our stock portfolio.

Key points to consider:

We live in a small city and our rent is super cheap ($400 per person)
Hence, we are able to save or invest 60% of our monthly income into RRSP and TFSA (Canadian tax-free accounts). We buy etf's/index funds in them (6-12% average return every year)
We are not savvy real estate investors. I have read some books and listened to 100s of podcasts and know the concepts.
BUT, calculating the better way to grow our wealth is unclear. WHY? If we buy a property, we won't be able to save or invest 60% of our incomes. It would reduce to 20-30%.

Hence, is it still a vice decision to buy a duplex and house hack?

What do you think?

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@Joanna Mastalerek

Hello

My girlfriend and I are looking in the brossard area for a duplex.

Good to know you’re from the same area

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@Aleksandra Serebrenik

Hey

I am from Saint-Jean-sur-Richelieu as well.

Glad to find someone from the same city!!

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@Michael Branco

I’m from Montréal.

Actually a little south of Montréal

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All Forum Posts by: Pranav Bhatia

Pranav Bhatia has started 2 posts and replied 7 times.

Post: Outdoor Stairs that will last -30 degrees

Post: Outdoor Stairs that will last -30 degrees

Post: Outdoor Stairs that will last -30 degrees

Post: Stocks vs Real Estate (when rent is dirt cheap)

Post: Real estate investing in Montreal, Quebec, Canada

Post: Real estate investing in Montreal, Quebec, Canada

Post: Anyone from the greater Montreal area?