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All Forum Posts by: Marysa Diadelfo

Marysa Diadelfo has started 3 posts and replied 20 times.

Post: Real Estate in Sherbrooke, Québec

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

Hey Alex

I am also from Montreal and have come to the same conclusion as you. I have been looking at the Sherbrooke market for years ( long before i was in a position to purchase). Now we are looking to buy and have found that Sherbrooke seems to be a pretty good place for rental units. They will still cashflow and have good rentability. The market has also gone up quite a bit in just the last 2 years. I also know of a few people with buildings in the area and are very happy with their investment. Im currently trying to find a good agent to help me with my search as we are now ready to buy when the right property presents itself.

I was also looking in the trois rivieres area and they also have decent prices still. I feel like the tenant quality in that area is lacking though and the rents are one of the lowest in Quebec. I think Sherbrooke is still a much better area to invest.

Post: New members montreal

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

I would be interested in a meetup. I also prefer weekends if possible.  

Post: New members montreal

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

Hi Everton, I am also a new investor from the montreal area. 

Post: Quebec forum activity

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

I have been mostly looking at triplex and quadraplex listings. not sure about apartment buildings honestly, although i would assume apartment buildings are usually a bit more. Either way montreal is like 20x (im just making up numbers here but i wouldnt be surprised if its close to that). Its very difficult to find anything that would cashflow. You mentioned you are investing internationally, im curious about how you find that working for you? have you already acquired many properties? how are you liking managing remotely?

Post: Hello all from Ottawa, Ontario

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

How are you finding managing your property so remotely? Was that your first rental?

Post: Quebec forum activity

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

also being a first time investor i prefer to have a property closer to home so that i can manage it myself and learn the ins and outs of it. I may look into international later on when i have gained more experience and confidence 

Post: Quebec forum activity

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6
@Mike Lambert:
I definitely think sherbrooke is playing catch up as you said. I dont expect it to continue to appreciate at that rate for sure. I believe that the market in sherbrooke has been extremely low and has finally started to gain value. properties are selling at 8 to 9x revenue which is completely unheard of here in montreal. I think while prices are still low it is a good opportunity to purchase as this would allow for decent cashflow that i would not see in the bigger cities. Sherbrooke isnt montreal thats for sure but there is alot of renters as it has a huge student population for the multiple universities and colleges. although im not so sure what i think about student renters.. likely not the best tenants and big turnover. Its something to think about anyway

Post: Hello all from Ottawa, Ontario

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

Hey Matt. Im new to BP and looking in a few different areas in Quebec and Ontario. Gatineau is also on my radar. Have you purchased anything in the area as of yet? I live in Montreal

Post: Quebec forum activity

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

Thats great. Ive contacted an agent in the area and hope to start seeing a few properties. I read an article recently that rated sherbrooke as the top place in Canada to invest. Property value went up over 20% last year. Ive actually been eyeing the area for years now, always talking about it. Then i read this article and have decided its enough watching and i need to do more doing haha. Toronto, much like Montreal is a difficult area to invest for cashflow..the numbers just dont work

Post: Quebec forum activity

Marysa DiadelfoPosted
  • Investor
  • Posts 21
  • Votes 6

Hey everyone :) nice to see a few people from Quebec. Currently living in the montreal area. looking to invest in the next few months if i can find the right property. Im currently interested in areas that are actually cashflowing and that is not montreal at the moment from what im seeing. Been looking in the Sherbrooke area as well as Gatineau. Anyone investing in these areas and have any advice or tips. Im looking to start around the 200k range. I own my own home but this would be my first investment property. All my family has invested but all of them on the island of montreal before the prices went crazy so i dont have much knowledge about investing from a distance.