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Updated almost 6 years ago on . Most recent reply

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Amr Tammam
  • Rental Property Investor
  • Montreal, QC
3
Votes |
25
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Brrrring in Montreal

Amr Tammam
  • Rental Property Investor
  • Montreal, QC
Posted

Hi BP members

Who in Montreal is Brrrring?

And can gives us an insight of the experience and knowledge in that particular city

Can you apply the 1% rule in Montreal with long term?

Or your best option is short term?

What part of the city to look for Brrrring properties?

I found it hard to find a positive cash flow properties after all expenses, unless you are Airbnb it

Thanks for everyone and awaiting your experience insights

Amr

Most Popular Reply

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1,473
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1,993
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Omar Khan
  • Rental Property Investor
  • Dallas, TX
1,993
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1,473
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Omar Khan
  • Rental Property Investor
  • Dallas, TX
Replied
Originally posted by @Amr Tammam:

Hi BP members

Who in Montreal is Brrrring?

And can gives us an insight of the experience and knowledge in that particular city

Can you apply the 1% rule in Montreal with long term?

Or your best option is short term?

What part of the city to look for Brrrring properties?

I found it hard to find a positive cash flow properties after all expenses, unless you are Airbnb it

Thanks for everyone and awaiting your experience insights

Amr

BRRR will be hard to do in Montreal (or Toronto, or most Canadian cities) because prices (vs. rents) are generally higher in the US vs. Canada. BP is a great resource but is geared towards the American audience. Your best bet would be to post in the Canadian section of the forums.

Keep in mind though that your BRRR (or other strategies discussed on these forums) success will be way lower in Canada than in the US. Also, it will be harder to do certain activities like wholesaling, etc in Canada due to different laws.

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